Savings Certificate Profit Rates to Be Reduced Again from January
The Ministry of Finance has taken an initiative to reduce the profit rates on savings certificates once again starting from January. Once the proposal of the Finance Division under the Ministry of Finance receives approval from the Finance Adviser, the new rates will come into effect. Subsequently, the Internal Resources Division (IRD) will issue an official circular.
Hundreds Jobless Mid-Month as Mukul Knitwear Shuts Down in Gazipur, Despair and Tears
On Wednesday morning, workers arrived at work to find a notice at the main gate of the factory announcing its permanent closure, expressing frustration and disappointment. They are now left jobless in the middle of the month and are feeling lost.
Bangladesh Now Has the Highest Non-Performing Loan Rate in the World
Bangladesh’s banking sector is currently facing an unprecedented crisis. As of the end of September this year, nearly 36 percent of bank-distributed loans have become non-performing. According to the latest data from Bangladesh Bank, the volume of non-performing loans (NPLs) stands at 644,515 crore taka. In just nine months, NPLs have increased by nearly 300,000 crore taka, an extraordinary rise in the country’s history.
Bangladesh Faces Economic Risk Amid Surge in Non-Performing Loans
As of September, Bangladesh’s banking sector is grappling with an alarming Tk 6.45 lakh crore in non-performing loans (NPLs), posing a serious threat to the economy, slowing job creation, and ultimately transferring the cost of financial failure to the public.
30% Default Loans in Standard Bank, Future Uncertain Amid Father–Son Conflict
Standard Bank has fallen into a severe crisis. The Shariah-based bank’s default loans have reached almost one-third of its total loans. At the same time, a power struggle between father and son in the boardroom has escalated to such a level that the bank’s future operations have become uncertain.
Weak Policies of Yunus Government Put Bangladesh Economy at Serious Risk
The International Monetary Fund (IMF) has issued a sharp warning that Bangladesh is now facing major macro-financial risks due to the weak revenue collection of the incumbent interim government, an inefficient financial sector, and persistently high inflation.
Exports Down 7.43% in October: Bangladesh Faces Deepening Trade and Currency Crisis
The downward trend in Bangladesh’s export earnings continues, creating fresh concerns for the economy. According to the latest data from the Export Promotion Bureau (EPB), the country’s total exports in October fell by 7.43 percent, dropping to 3.63 billion USD. This marks the continuation of a two-month decline, heightening fears among exporters of further contraction. Meanwhile, import volumes are also gradually decreasing — a reflection of the ongoing foreign currency crisis and growing economic uncertainty.
Private Sector in Crisis Amid Contractionary Monetary Policy
The General Economics Division (GED) of the Planning Commission, in its Economic Update and Outlook for October 2025, has reported that although inflation has slightly eased, a contractionary monetary policy has led to stagnation in private sector credit and investment. The agency also warned that economic volatility could intensify ahead of the national elections.
1.6 Crore People in Bangladesh Likely to Face Food Crisis by December: UN-Backed Report
Nearly 16 million people across Bangladesh’s disaster-prone districts are likely to face a major food crisis by December, while around 1.6 million children may suffer from severe malnutrition, according to a new joint analysis report conducted by the Food Planning and Monitoring Unit (FPMU) under the Food Ministry and three UN agencies.
Instability Fuels Poverty Surge in Bangladesh | Asian Lite Report Criticizes Yunus Government
Poverty levels in Bangladesh are rising sharply as political instability under the post-Sheikh Hasina interim administration, led by Muhammad Yunus, continues to stall investment and industrial growth, according to a recent Asian Lite report.