We provide Industry & Company Intelligence, Data and Business Advisory services to local and global companies in Bangladesh

February 16, 2025
Economy Tag : GDP

Bangladesh’s GDP is projected to exceed $500 billion for the first time in FY2025-26, reaching $517.7 billion (Tk 6,315,923 crore), according to the finance ministry. The initial estimate for FY2024-25 was $491 billion but is expected to be revised downward to $470 billion. This indicates a 10.21% GDP growth at current prices in FY26. Real GDP growth for FY26 is projected at 6%, with inflation at 6.5%. Private sector credit growth is expected to rise from 9.8% in FY25 to 11% in FY26. Imports, which grew by 3.53% in July-December 2024, are projected to increase by 10% in FY26. Despite expectations of economic recovery, experts question achieving the 6% growth due to weak investment and slow development spending. The government anticipates a modest balance of payments surplus, supported by exports, remittances, and multilateral inflows. Experts emphasize the need for a robust GDP estimation methodology to ensure accuracy.

February 13, 2025
Economy Tag : Govt.

The government has reduced its bank borrowing target by 28% to Tk 990 billion for FY2024-25, down from Tk 1,375 billion, due to lower expenditures and slow ADP implementation, which stood at 18% in the first half of the fiscal year. The Bangladesh Bank estimates actual borrowing may reach Tk 900 billion. Private sector credit growth remained at 7.28% in December 2024, below the 9.80% target. The government borrowed Tk 689.31 billion from banks in the first seven months of FY2024-25, but after repayments, net borrowing stood at Tk 136 billion. Comparatively lower operational expenses of the interim government also contributed to the borrowing cut. The move is expected to increase market liquidity, potentially reducing interest rates on loans and deposits. The government can borrow up to Tk 120 billion from the central bank under the Ways-and-Means Advances (WMA) facility for short-term spending.

February 13, 2025
Economy Tag : Govt.

The government has reduced its bank borrowing target by 28% to Tk 990 billion for FY2024-25, down from Tk 1,375 billion, due to lower expenditures and slow ADP implementation, which stood at 18% in the first half of the fiscal year. The Bangladesh Bank estimates actual borrowing may reach Tk 900 billion. Private sector credit growth remained at 7.28% in December 2024, below the 9.80% target. The government borrowed Tk 689.31 billion from banks in the first seven months of FY2024-25, but after repayments, net borrowing stood at Tk 136 billion. Comparatively lower operational expenses of the interim government also contributed to the borrowing cut. The move is expected to increase market liquidity, potentially reducing interest rates on loans and deposits. The government can borrow up to Tk 120 billion from the central bank under the Ways-and-Means Advances (WMA) facility for short-term spending.

February 16, 2025
Industry : ISP

Twenty-nine international internet gateway (IIG) operators in Bangladesh owe the BTRC Tk 205 crore, with top five defaulters accounting for 77% of the outstanding sum. BTCL has the highest dues at Tk 51.58 crore, followed by Earth Telecom (Tk 32.02 crore) and Aamra Technologies (Tk 25.48 crore). Despite a Tk 220 crore payment deadline by January 18, only Tk 15 crore has been cleared. Several operators, including BdHub and Mango Teleservices, have requested installment plans. Peerex Networks obtained a three-month court stay, while Fiber@Home disputes Tk 5.90 crore in VAT charges. The BTRC is planning meetings with IIGs and issuing a final 10-day deadline for payments. The dispute over undisclosed bandwidth dues, totaling Tk 90.52 crore, remains unresolved, as IIGs claim BTRC calculations do not reflect actual bandwidth usage. The regulator aims to ensure compliance and settle dues amid industry pushback on revenue-sharing policies.

February 16, 2025
Industry : Climate

Bangladesh suffers an annual economic loss of nearly $300 crore due to extreme climate events such as floods, droughts, storms, and heatwaves, impacting over 6.3 million people, according to the Climate Risk Index 2025 by Germanwatch. In 2022 alone, the country lost over $299 crore to natural disasters. However, effective risk prevention has drastically reduced cyclone-related deaths from 500,000 in 1970 to 4,234 in 2007. A 2022 heatwave, reaching 49.5°C in Pakistan and extending to India and Bangladesh, caused over 90 deaths. From 1993 to 2022, 9,400 extreme weather events globally led to 800,000 deaths and $4.2 trillion in damages. Global South nations, including Bangladesh, remain highly vulnerable. The report emphasizes that climate change is a growing global security threat, urging multilateral action to mitigate risks. Without intervention, extreme weather events will continue intensifying, further destabilizing societies and exacerbating global conflicts.

February 16, 2025
Industry : Climate

Bangladesh suffers an annual economic loss of nearly $300 crore due to extreme climate events such as floods, droughts, storms, and heatwaves, impacting over 6.3 million people, according to the Climate Risk Index 2025 by Germanwatch. In 2022 alone, the country lost over $299 crore to natural disasters. However, effective risk prevention has drastically reduced cyclone-related deaths from 500,000 in 1970 to 4,234 in 2007. A 2022 heatwave, reaching 49.5°C in Pakistan and extending to India and Bangladesh, caused over 90 deaths. From 1993 to 2022, 9,400 extreme weather events globally led to 800,000 deaths and $4.2 trillion in damages. Global South nations, including Bangladesh, remain highly vulnerable. The report emphasizes that climate change is a growing global security threat, urging multilateral action to mitigate risks. Without intervention, extreme weather events will continue intensifying, further destabilizing societies and exacerbating global conflicts.

January 8, 2025

TRANSFORM, an impact accelerator led by Unilever, the UK Government, and EY, announced grants of up to BDT 10 million each for two Bangladeshi SMEs focused on climate resilience. Deshifarmer, an agri-tech platform, connects farmers directly to consumers, aiming to benefit 3,000 farmers and 20,000 consumers in its first year. Techno Plastic Solution addresses ocean plastic pollution by improving collection infrastructure and launching a pilot program in Kuakata to collect 100 tonnes of plastic waste monthly. The Bangladesh Climate Challenge, launched in October 2023, supports enterprises working on climate resilience through funding and resources. This collaboration between Unilever, the UK Government, and EY marks their first joint effort in Bangladesh. TRANSFORM has previously supported 10 other enterprises in Bangladesh, impacting over three million lives.

January 8, 2025

A proposed hike in gas prices by Petrobangla has sparked major concerns among industrialists in Bangladesh, fearing economic harm. Industrial leaders argue that the increase, if approved, could lead to factory closures, job losses, and reduced industrial output, harming economic growth and potentially causing social unrest. Critics like Kutubuddin Ahmed and Abdullah Hil Rakib highlight that rising power and production costs already challenge competitiveness. The proposal affects new and existing gas users, with significant cost increases tied to LNG imports and additional charges. Industry leaders urge the government to reconsider the proposal, warning of the detrimental impact on both industries and the broader economy.

January 8, 2025

In FY 2023-24, the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) faced operating losses due to reduced trading, fewer IPOs, and increased costs. The DSE’s core revenue of Tk 125 crore fell short of expenses, causing a Tk 20 crore loss, while the CSE incurred a Tk 10 crore loss with Tk 31 crore in core revenue. Both exchanges relied on fixed deposit interest to achieve net profits of Tk 61 crore (DSE) and Tk 31 crore (CSE).

Declining daily turnovers, down to Tk 622 crore for the DSE, coupled with poor fund management and risky investments in troubled banks and NBFIs, exacerbated challenges. Experts recommend reforms, product diversification, and stronger company listings to revitalize the market. Meanwhile, 95% of brokerage houses are struggling with operating losses due to sluggish trading.

Insight Story

Our Solutions:

Data Terminal

Company Database

Business Monitor

Advisory

Data Terminal

Company Database

Business Monitor

Advisory

DATATERMINAL

Bangladesh’s First Data Portal for Company Data, Industry Data & Economic Data
Company Dashboard
Company Dashboard

Provides data of 50,000+ indicators for 500+ listed and non listed companies in Bangladesh

Industry Dashboard
Industry Dashboard

Offers industry-level data of 7,000+ indicators across 50+ sectors in Bangladesh

Economic Dashboard
Economic Dashboard

Provides data of 50,000+ indicators for 500+ listed and non listed companies in Bangladesh

Subscribe to our Data Terminal now

BUSINESSMONITOR

Business Monitor is a one-stop source for industry, economic, and competitor intelligence in Bangladesh with in-depth analysis and expert insights.

Industry
Monitor

Stay ahead with latest Industry specific News, analysis & trends.

Industry Monitor

Stay ahead with latest Industry specific News, analysis & trends.
Select Timeline
Select Industry
Industry Checkbox list for Bizmonitor
29 IIG Providers Still Have Tk 205 Crore Pending to BTRC
February 16, 2025
Industry : ISP

Twenty-nine international internet gateway (IIG) operators in Bangladesh owe the BTRC Tk 205 crore, with top five defaulters accounting for 77% of the outstanding sum. BTCL has the highest dues at Tk 51.58 crore, followed by Earth Telecom (Tk 32.02 crore) and Aamra Technologies (Tk 25.48 crore).

BD Faces $300 Crore Annual Loss Due to Climate Disasters
February 16, 2025
Industry : Climate

Bangladesh suffers an annual economic loss of nearly $300 crore due to extreme climate events such as floods, droughts, storms, and heatwaves, impacting over 6.3 million people, according to the Climate Risk Index 2025 by Germanwatch. In 2022 alone, the country lost over $299 crore to natural disasters.

Adani Agrees to Restore 1,600 MW Supply After 3 Months
February 16, 2025
Industry : Energy & Power

Adani Power has agreed to fully restore its 1,600 MW power supply to Bangladesh within days after a three-month partial shutdown due to payment delays caused by Bangladesh’s forex crisis. Supply was halved on October 31, leading to the shutdown of one unit.

Company
Monitor

Track any company or your competitor with actionable insights & updates

Company Monitor

Track any company or your competitor with actionable insights & updates
Select Timeline
Select Company
Company Name filter