Economy

Following weeks of operational struggles, two garment factories in Gazipur’s Board Bazar have permanently shut down, leaving 1,800 workers without a livelihood despite a hard-fought tripartite agreement regarding outstanding dues.

International oil prices have fallen sharply, with Brent crude dropping to nearly $77 per barrel following the US-Iran MoU. This market shift ends four months of geopolitical supply disruptions, lifting investor confidence across global equities.

Bangladesh has renewed its push for Japanese investment, showcasing incentives, economic zones, and a skilled workforce at a business seminar in Tokyo.

Bangladesh-linked deposits in Swiss banks rose 41% in 2025 to CHF 834.2 million, the second-highest level on record, while the country remains outside the global automatic financial information-sharing system.

The proposed FY2026-27 budget, set to be presented in Parliament today, reduces subsidies by nearly Tk 19,000 crore from FY2024-25 levels while boosting export incentives and relying more heavily on debt-financed spending.