23 Sept 2026 · Dhaka

Daily brief

38 items · 38 min read

Everything worth knowing today, each item with its sources.

  1. ADB cuts Bangladesh growth forecast to 4% for FY27

    Unreliable energy, logistics bottlenecks and slow approvals are holding back investment, the lender's outlook says.

    • The Asian Development Bank has cut its growth forecast for Bangladesh to 4% for FY27, The Daily Star reports.
    • Unreliable energy supplies, logistics constraints and lengthy regulatory and approval procedures are further dampening investment demand, according to the report.
    1 source
  2. Development spending hits a record-low 1.85% in the first two months of FY27

    Government agencies spent Tk 5,709.70 crore of a Tk 3.09 lakh crore development budget in July and August.

    • Annual Development Programme implementation fell to a record low of 1.85% in July-August, The Business Standard reports.
    • Government agencies spent Tk 5,709.70 crore out of the Tk 3.09 lakh crore development budget in those two months.
    1 source
  3. Leadership void leaves Islami Bank's major decisions stalled

    The country's largest private lender is in limbo, according to The Daily Star.

    • A leadership vacuum has left Islami Bank, the country's largest private sector lender, in a state of limbo, The Daily Star reports.
    • Major decisions and strategic initiatives have effectively stalled, according to the report.
    1 source
  4. Private submarine cables could cut internet prices by up to half, ISPAB says

    Industry voices want private investment in cables and open access to landing stations.

    • Internet prices could fall by 40 to 50 percent once private submarine cable connections arrive, ISPAB president Aminul Hakim said, The Daily Star reports.
    • Stakeholders called for greater competition in the international bandwidth market, The Business Standard reports.
    • Their recommendations: private investment in submarine cables, open access to landing stations and stable policies.
    2 sources
  5. Invest Bangladesh plans a 1.25% reward for mobilising FDI as its pipeline reaches $1.3b

    The newly merged investment agency says more than $400 million of the pipeline is at the decision or implementation stage.

    • Invest Bangladesh has prepared a guideline for a scheme offering eligible individuals 1.25 percent of the foreign equity they mobilise, The Daily Star reports.
    • The agency was created by merging three authorities.
    • Its 180-day plan has drawn a $1.3b investment pipeline, of which more than $400 million has moved to decision or implementation, The Business Standard reports.
    2 sources
  6. Standard Chartered Bangladesh plans to close its retail banking operation

    The bank has informally asked some lenders to prepare for a formal process to acquire the business, The Business Standard reports.

    • Standard Chartered Bangladesh plans to close its retail banking operation, The Business Standard reports.
    • The bank approached some banks informally and asked them to prepare for a formal process to acquire the business, according to the report.
    1 source
  7. Sonali Bank's first-half profit jumps 193% to Tk 1,878 crore

    Treasury gains and lower provisions drove the state-owned lender's earnings, The Business Standard reports.

    • Sonali Bank's profit rose 193% to Tk 1,878 crore in the first half of 2026 on treasury gains and lower provisions, The Business Standard reports.
    • Consolidated earnings per share rose to Tk 41.47 from Tk 14.14 a year earlier.
    1 source
  8. Welding electrode makers seek relief from 88.51% duty on imported wire rod

    The industry body says the duty threatens local manufacturers and is holding up consignments at Chattogram Port.

    • Welding electrode makers are seeking duty relief on imported wire rod, a key raw material, The Business Standard reports.
    • Their industry body says the 88.51% duty threatens local manufacturers and is holding up consignments at Chattogram Port.
    1 source
  9. Bangladesh needs a system to recycle used EV batteries, stakeholders say

    More battery-powered cars are on the road thanks to tax and duty incentives, but there is no proper way to handle their batteries at end of life.

    • Bangladesh needs a proper system for collecting, recycling and safely disposing of used electric vehicle batteries, stakeholders say, The Daily Star reports.
    • More battery-powered cars are taking to the roads with government tax and import duty incentives, according to the report.
    1 source
  10. Dhaka falls 33 places to 515th in a global cities index

    Poor governance and environment scores dragged down Dhaka and other Bangladeshi cities, The Business Standard reports.

    • Dhaka, the highest-ranked Bangladeshi city, fell to 515th from 482nd in 2025, The Business Standard reports.
    • Poor governance and environment dragged Bangladeshi cities down in the index, according to the report.
    1 source
  11. Prime Minister and World Bank president discuss development priorities

    The two sides agreed to work together so supply-chain disruptions do not hamper development, the minister said.

    • Prime Minister Tarique Rahman and the World Bank president discussed development priorities and support for Bangladesh, The Business Standard reports.
    • Bangladesh and the World Bank agreed to work together to ensure supply-chain disruptions do not hamper the country's development trajectory, according to minister Khosru.
    • Earlier in the day the Prime Minister attended a welcome breakfast hosted by UN Secretary-General António Guterres for heads of delegation and their spouses.
    2 sources
  12. Diesel at Tk 135: depots raise handling charges 9.85%, launch and truck fares rise before government approval

    The cost of moving goods is rising within a day of the fuel decision, and some operators have not waited for an official fare revision.

    • Private inland container depots raised container handling charges by 9.85 percent, effective the day diesel prices rose 17.4 percent to Tk 135 a litre, The Business Standard reports.
    • Some launch and freight operators increased fares and charges before any government-approved revision, The Daily Star reports.
    • Bus fares have been raised by 17 paisa per kilometre.
    2 sources
  13. Fuel price rise will lift inflation and weaken consumption, analysts say

    A brokerage analysis and two economists expect the increase to fall hardest on households that spend most of their income on necessities.

    • BRAC EPL Stock Brokerage expects the fuel rise to push up inflation and weaken real disposable income, weighing on consumption among price-sensitive households, The Daily Star reports.
    • The increase follows five months of unchanged domestic prices despite a sharp rise in international fuel and freight costs.
    • Poor and lower-middle-income families will suffer disproportionately because most of their income goes on daily necessities, economist Fahmida Khatun told The Business Standard.
    3 sources
  14. Bangladeshi startups raised $6m in the first half of 2026 — a five-year low

    Funding fell 95 percent from the same period last year, according to LightCastle Partners.

    • Bangladeshi startups raised just $6 million in January-June, The Business Standard reports.
    • That is down 95 percent from $120 million in the same period last year.
    • The figures come from LightCastle Partners' Bangladesh Startup Investment Report H1 2026, which attributes the fall to investor hurdles.
    1 source
  15. Three more banks join Bangladesh Bank refinance schemes for green, export and ICT lending

    Mercantile, Citizens and NRB Bank signed participation agreements, with Mercantile citing schemes totalling Tk 5,000 crore.

    • Mercantile Bank signed participation agreements under three refinance schemes totalling Tk 5,000 crore, The Daily Star reports.
    • Citizens Bank signed agreements under three schemes to promote export diversification and sustainable industrial development.
    • NRB Bank signed three agreements with Bangladesh Bank's Sustainable Finance Department covering green factory buildings, green industries and ICT.
    3 sources
  16. One garment maker keeps running on its own power as the energy crunch bites

    4A Yarn Dyeing has generated its own electricity since 2019, including from solar — an exception in an industry losing production to gas and power shortages.

    • A gas and power crisis has hit production at most Bangladeshi garment makers, The Daily Star reports.
    • At 4A Yarn Dyeing — a supplier to Walmart, Gap and Next — work continues uninterrupted, at least for now.
    • The company has generated its own power, including through solar panels, since 2019, The Business Standard reports, making it an exception in the world's second-biggest garment exporter after China.
    2 sources
  17. Business leaders press for a stronger intellectual property framework after LDC graduation

    DCCI wants a shift from production volume to innovation, branding and value addition; an adviser says graduation must not constrain development.

    • The Dhaka Chamber of Commerce and Industry called for a stronger intellectual property rights framework after LDC graduation, The Business Standard reports.
    • Its president urged a shift from production volume to innovation, branding, technology transfer and value addition.
    • Adviser Dr Titumir said LDC graduation must strengthen rather than constrain development, and called for stronger financial, technological and capacity-building support, noting that actual technology transfer remains modest compared with need.
    3 sources
  18. Bangladesh Bank governor seeks higher Indian imports and investment

    The request came during a courtesy call at the central bank's head office.

    • The Bangladesh Bank governor sought higher Indian imports and investment, The Business Standard reports.
    • The request was made when Trivedi paid a courtesy call on the governor at the central bank's head office.
    • The two sides discussed ways to strengthen bilateral economic, commercial and financial relations.
    1 source
  19. Prime Minister arrives in New York for the 81st UN General Assembly

    Prime Minister Tarique Rahman arrived on Sunday local time, Prothom Alo English reports.

    • Prime Minister Tarique Rahman arrived in New York on Sunday (local time) to attend the 81st session of the UN General Assembly, Prothom Alo English reports.
    • Bangladeshi expatriates and BNP leaders and activists in New York staged programmes to welcome him.
    1 source
  20. Intelligence report proposes limited banking access for selected Rohingya families to curb hundi

    Controlled bank accounts would aim to move remittances into formal channels, The Daily Star reports.

    • An intelligence report has proposed allowing selected Rohingya families to open controlled bank accounts, according to The Daily Star.
    • The aim is to divert hundi remittances into formal channels.
    • The report cites the risk of such informal flows being misused for crime and terror financing.
    1 source
  21. Fuel price hike expected to ripple through the economy; bus fares already up at Gabtoli

    Experts warn the latest fuel price increase could rekindle inflation just as it had begun to ease, while analysts question the 25% tax take on diesel imports.

    • The government's latest fuel price hike is expected to ripple across the economy, experts told The Daily Star, threatening to rekindle inflation that had begun to ease.
    • The day after diesel prices rose, passengers at Dhaka's Gabtoli bus terminal were being charged Tk 50 to Tk 100 more per trip depending on distance, Prothom Alo reports.
    • Tariffs and other taxes account for as much as 25 percent of the cost of diesel imports; analysts quoted by The Daily Star argue for waiving those taxes rather than raising prices.
    3 sources
  22. Gas and power crisis hits knitwear: 55% of factories report orders cut or cancelled, 78% partly halted production

    Prothom Alo reports that energy shortages are disrupting production across the garment sector, and the fuel price rise threatens to push costs higher still.

    • 55 percent of knitwear factories have seen orders reduced or cancelled because of the gas and electricity crisis, according to Prothom Alo.
    • Production has been partially halted at 78 percent of factories, the report says.
    • With fuel prices up, manufacturers fear production and transport costs will rise further.
    1 source
  23. 36% of educated young Bangladeshis are unemployed, IMF magazine article says

    The figure covers 15-24 year-olds with post-secondary education who are in the labour force, according to an article in the IMF's Finance & Development magazine.

    • About 36 percent of Bangladeshis aged 15-24 who are in the labour force and hold post-secondary education are unemployed, per an article in the IMF's Finance & Development magazine.
    • The article, in the magazine's September issue, notes that youth unemployment is elevated across Asia.
    • Both The Daily Star and Prothom Alo English reported the figure on 22 September.
    2 sources
  24. Bangladesh Bank widens currency-trading scope for offshore banking units

    OBUs may now buy, sell and swap foreign currencies with other banks and eligible entities for trade and business purposes.

    • Bangladesh Bank has expanded the scope of foreign-currency transactions for offshore banking units (OBUs), The Daily Star reports.
    • OBUs can now buy, sell and swap foreign currencies with other banks and eligible entities.
    • The permission covers transactions for trade and business purposes.
    1 source
  25. Commerce minister pledges stronger year-round market monitoring to keep essential prices stable

    Monitoring will be strengthened to ensure adequate supplies and stable prices throughout the year, not only during Ramadan, the minister said.

    • Commerce Minister Khandakar Abdul Muktadir said market monitoring would be strengthened, The Daily Star reports.
    • The aim is adequate supplies of essential commodities and stable prices throughout the year.
    • The minister stressed the effort would not be limited to Ramadan.
    1 source
  26. Mobile phone use reaches 89.6% in Bangladesh, BBS survey finds

    Mobile and internet use kept rising in April-June 2026 while computer use stayed relatively low, according to the Bangladesh Bureau of Statistics.

    • Mobile phone use reached 89.6 percent in Bangladesh, according to the latest Bangladesh Bureau of Statistics (BBS) survey reported by The Daily Star.
    • Mobile phone and internet use continued to rise in the April-June 2026 quarter.
    • Computer use remained relatively low, the survey found.
    1 source
  27. BRAC Bank finances Eskayef to expand insulin production

    The financing supports greater availability of the essential medicine in Bangladesh and abroad.

    • BRAC Bank has extended financing to Eskayef Pharmaceuticals (SK+F) to expand its insulin production capacity, The Daily Star reports.
    • The expansion is intended to improve availability of insulin in Bangladesh and in international markets.
    1 source
  28. Pubali Bank joins Bangladesh Bank refinance schemes for green and ICT sectors

    The bank signed participation agreements under two central-bank schemes aimed at expanding financing for green industries and ICT.

    • Pubali Bank has signed participation agreements with Bangladesh Bank under two refinance schemes, The Daily Star reports.
    • The schemes aim to expand financing for green industries and the information and communication technology sector.
    1 source
  29. Government selects 92 police personnel for 2025 medals

    The honours cover four categories, from bravery to exemplary service.

    • The government has selected 92 police personnel for medals awarded for 2025, The Daily Star reports.
    • The medals fall into four categories, recognising bravery, exemplary service, notable casework and other notable work.
    1 source
  30. Arinjoy Dhar appointed deputy executive director of BRAC

    The role covers microfinance, technology, education, skills development, the migration programme and operations.

    • Arinjoy Dhar has been appointed deputy executive director of BRAC, The Daily Star reports.
    • He will oversee microfinance, technology, education, skills development, the migration programme and operations.
    1 source

That is today’s briefing.
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