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A service for global professionals · Thursday, May 29, 2025 · 817,098,364 Articles · 3+ Million Readers
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Bangladesh IMF Newswire

  • Published on 02:29 GMT

    ILO urges Bangladesh to implement labour reforms

    Tuomo Poutiainen, the outgoing Country Director for the International Labour Organization (ILO), urged Bangladesh to move forward with its skills development reform to adequately equip its labour force for more specialized, better paying jobs both in the …

    Source: Bangladesh Post - Pending
  • Published on May 28, 2025

    Bangladesh youth unemployment rate to stay high

    Youth unemployment in Bangladesh will continue to be high -- more than double the national unemployment rate -- with university graduates being the hardest hit, according to the World Employment and Social Outlook (WESO) report released yesterday by the …

    Source: Daily Star - Neutral
  • Published on May 28, 2025

    Bangladesh's youth jobless rate will continue to be high: ILO

    Youth unemployment in Bangladesh will continue to be high—more than double the national unemployment rate—with university graduates being the hardest hit, according to the World Employment and Social Outlook (WESO) report released today by the …

    Source: Daily Star - Neutral
  • Published on May 28, 2025

    Bangladesh economy grows 3.97% in FY25, lowest since pandemic-hit FY20

    Bangladesh's gross domestic product (GDP) growth in fiscal 2024-25 (FY25) was 3.97 per cent, the lowest since the pandemic-hit FY20, provisional data from the Bangladesh Bureau of Statistics (BBS) revealed.The FY25 GDP size was estimated at Tk 55.527 …

    Source: Fibre 2 Fashion - Pending
  • Published on May 28, 2025

    Bangladesh agrees end to IMF loan deadlock

    The deadlock between Bangladesh and the International Monetary Fund (IMF) ended on May 14 after the South Asian nation agreed to make its exchange rate more flexible and to take bold steps for boosting revenue. ¬ Haymarket Media Limited. All rights …

    Source: FinanceAsia - Pending
  • Published on 05:07 GMT

    Daily Briefing: Trouble in Trumpland

    Good morning, not all is hunky-dory in Trumpland. The US President’s once-trusted “first buddy,” Elon Musk, has called time on his “special government employee” stint at the Department of Government Efficiency (DOGE). Musk’s reign saw him mostly wreaking …

    Source: The Indian Express - Center-left
  • Published on 00:55 GMT

    Banks still shy away from spot market forex trade

    Commercial banks still go slow in trading foreign exchange (forex) in the interbank spot market even during the current free-floating regime, which is increasing their net open position (NOP) significantly. Complying with a condition of the International …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 27, 2025

    Bangladesh sees highest-ever per capita income of $2,820 in FY25, BBS provisional data shows

    Bangladesh's per capita income increased by $82 to $2,820 (equivalent to Tk3,39,211) in the fiscal year 2024-25, according to provisional estimates of the Bangladesh Bureau of Statistics (BBS) released today (27 May).  This marks a rise from $2,738 ( …

    Source: The Business Standard - Neutral
  • Published on May 26, 2025

    COMMENT: China’s debt-trap diplomacy - lessons from Sri Lanka, Bangladesh, and beyond

    In the past two decades, China has emerged not just as the world's second-largest economy after the US, but also as a dominant force in global infrastructure financing. Central to this global expansion in the last few years is Beijing’s Belt and Road …

    Source: BNE Intellinews - Neutral
  • Published on May 27, 2025

    Up to $20b laundered during AL rule

    About $18 billion to $20 billion was laundered abroad during the Awami League regime, said Bangladesh Bank Governor Ahsan H Mansur yesterday. "Tracking where this money was used abroad or where it was diverted is a massive task for us -- none of us …

    Source: Daily Star - Neutral
  • Published on May 27, 2025

    Sri Lanka begins privatisation

    Sri Lanka's leftist government said Tuesday it was selling a failed hotel project, marking its first privatisation move in line with an IMF bailout. Government spokesperson Nalinda Jayatissa said the cabinet had agreed to revive the previous …

    Source: Daily Star - Neutral
  • Published on May 27, 2025

    US remittance tax could be a Tk 5,000cr hit for migrants: CPD

    A proposed 3.5 percent tax on outbound remittance can raise costs incurred by Bangladeshi migrants sending money back home from the US to nearly Tk 5,000 crore annually, said a local think tank yesterday. Currently, the average cost of sending remittances …

    Source: Daily Star - Neutral
  • Published on May 25, 2025

    Bangladesh rake in $2.25b in remittances in first 24 days of May

    Expatriate Bangladeshis have consistently sent over $2 billion in remittances each month since September, and that trend has continued into May. In the first 24 days of May, remittances totalled $2.25 billion, according to data released by Bangladesh Bank …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 27, 2025

    Economy grows 3.97% in FY25, slowest since pandemic year

    Bangladesh economy has grown 3.97 percent in the current fiscal year (FY) 2024-25, according to the provisional estimate released by the Bangladesh Bureau of Statistics (BBS). The estimate is almost close to the projection by the International Monetary …

    Source: Daily Star - Neutral
  • Published on May 27, 2025

    Economy grows 3.97% in FY25  

    Bangladesh economy has grown 3.97 percent in the current fiscal year (FY) 2024-25, according to the provisional estimate released by the Bangladesh Bureau of Statistics (BBS). The estimate is almost close to the projection by the International Monetary …

    Source: Daily Star - Neutral
  • Published on May 28, 2025

    De-dollarization won’t deliver economic sovereignty for South Asia

    As the world gradually moves away from the dominance of the US dollar, South Asian countries face a pivotal crossroads. For many of these fragile economies, this shift risks merely substituting one master currency for another without any of the financial …

    Source: Pakistan Today - Indeterminate
  • Published on May 27, 2025

    GDP growth marks post-Covid low at 3.97 per cent

    Bangladesh's economy has faced a significant slowdown in the current fiscal year, with the three big sectors - agriculture, industry, and services - recording slower growth, official data showed on Tuesday. The FY25 gross domestic product (GDP) growth …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 26, 2025

    Govt expects gross reserves to reach $34b by June next year

    The interim government expects the country's gross foreign exchange reserves to rise to $34.4 billion by the end of the fiscal year (FY) 2025–26, buoyed by strong remittance inflows, export performance, and budgetary support from development partners. …

    Source: Daily Star - Neutral
  • Published on May 27, 2025

    Prof Abu Ahmed slams central bank's tight monetary policy, fears depression

    Eminent economist Professor Abu Ahmed has warned the country’s economy might witness depression due to the tight monetary policy of the central bank to fight inflation. “This is not a good policy for our economy,” he said while talking to UNB over …

    Source: Bangladesh Post - Pending

04 days 19:46:10

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  • Published on May 28, 2025 - 12:24 GMT

    Putin applauds Russia’s economic development

    (MENAFN) President Vladimir Putin has praised Russia’s economic progress, highlighting the country's climb to fourth place globally in terms of purchasing power parity (PPP) as a testament to the dedication of Russian businesses and workers. Speaking …

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  • Published on May 28, 2025 - 12:23 GMT

    India overtakes Japan as fourth-biggest global economy

    (MENAFN) India has officially surpassed Japan to become the fourth-largest economy in the world, according to BVR Subrahmanyam, CEO of NITI Aayog, a government-backed policy think tank. Citing data from the International Monetary Fund (IMF), Subrahmanyam …

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