Trading of Six LR Global Mutual Funds Suspended Indefinitely

Trading of six mutual funds managed by LR Global Bangladesh Asset Management Company has been suspended indefinitely after the Bangladesh Securities and Exchange Commission (BSEC) ordered the removal of the fund manager for allegedly misusing investors’ money.

Bangladesh Taka Falls to Record Low of Tk 122.75 per Dollar

The value of the U.S. dollar has risen again against the Bangladeshi taka. On October 23, the highest selling rate of the dollar across various banks stood at Tk 122.75, up from Tk 122.30 last week. Bank officials said the increase is due to a rise in the number of import LCs being opened, among several other factors.

IMF Freezes Loan: No Confidence in Yunus-Led Unelected Government

The IMF has frozen further disbursement of its $5.5 billion loan to Bangladesh, citing the lack of a democratically elected government under Muhammad Yunus. Economic instability and mistrust grow as international donors step back.

IMF Lowers Bangladesh’s GDP Growth Forecast Again

The International Monetary Fund (IMF) has once again downgraded its forecast for Bangladesh’s economic growth. In its latest World Economic Outlook report published Tuesday (October 14), the organization said that Bangladesh’s gross domestic product (GDP) growth for the fiscal year 2025–26 will be 4.9 percent — lower than its prior projections.

IMF Sets Foreign Loan Cap for Bangladesh for the First Time

For the first time, the International Monetary Fund (IMF) has set a limit on how much foreign loan Bangladesh can take. In the current fiscal year (2025-26), Bangladesh cannot take more than USD 8.44 billion in foreign loans. Previously, there was no such restriction from the IMF on Bangladesh.

NASSA Group Closes 16 Factories, Over 12,000 Workers Affected

NASSA Group has decided to permanently shut down 16 of its factory units located in Dhaka, Gazipur, Chattogram, and Cumilla export processing zones.

From Criticism to Record Loans Interim Govt’s Foreign Debt Hypocrisy Exposed

Bangladesh’s external debt has reached an all-time high, sparking heated debate over the government’s economic strategy and exposing contradictions in its political stance.

The Fall of the “Golden Billion”: A New Global Power Shift

The "Golden Billion" era is coming to an end. The Pareto Principle—often called the 80/20 rule—explains how a small minority controls the majority of resources and power. Originally coined by economist Vilfredo Pareto, this idea has long justified why roughly 20% of people hold 80% of the wealth in any society.