Economy

Bangladesh faces factory shutdowns, shrinking credit, falling exports, and rising political tensions as economists warn recovery is impossible without stability.

Bangladesh’s garment sector faces a major downturn as 353 factories close in 14 months, leaving nearly 120,000 workers unemployed amid policy changes and global demand decline.

Bangladesh has floated another international tender for 50,000 tonnes of rice as domestic prices climb 15% despite a strong harvest.

The UK remains Bangladesh’s top FDI source despite a 40.7% drop in inflows, while total FDI rose 19% due to reinvestment and intra-company loans, Bangladesh Bank data shows.

The number of Bangladeshi workers migrating to Malaysia has dropped by nearly 99%, raising alarm over the country’s remittance earnings and growing unemployment.