Category: Kingsway Bangladesh

September and October (so far) have been busy months in Bangladesh. On the political front, the interim government has been battling hard to bring back some sense of normalcy, with mixed results. They have formed various sectoral committees to explore institutional issues and how to solve them across various aspects of the economy.…… Read the…

Former Nobel Peace Prize winner Professor Muhammad Yunus has taken charge of the interim government, following the fall of Sheikh Hasina’s government, and her subsequent flight to India. The BNP leadership has called for Hasina to be extradited to Bangladesh to face trial. Flash floods have devastated various low-lying areas of the country, leaving millions…

This month’s news cycle was dominated by the student-led protests for quota reforms in government jobs, which ultimately turned deadly and underscored a dark few days in the country’s history. The economy took a backseat in the face of the aforementioned event, but many sectors were hurt by the curfews and internet blackouts.…… Read the…

June was a busy month in Bangladesh, with the celebration of the ruling party Awami League’s 75th The main opposition party, BNP, have accused the ruling party of providing shelter to corrupt individuals. On the economic front, there was the announcement of a record USD 68 billion budget for the next fiscal year.…… Read the…

May was a relatively stable month politically. On the economic front, the government’s GDP growth calculations show a GDP growth rate of 5.82% for the current fiscal year, which is around the estimations of international financial institutions such as the World Bank and the IMF. The central bank has also stopped regulating lending rates for…

In the run-up to May’s critical upazila (local) elections, the main opposition party, the BNP, have expelled 73 members of their party for preparing to take part in the election, thereby violating the BNP’s decision to not take part. The IMF has, for the second time in recent months, reduced its GDP growth forecast (down…

The seemingly daily blame-game between the two main political parties continues apace, with the two blaming each other for a lack of democracy in the country. On the economic front, exports continue to surge with a third consecutive month of USD 5-billion plus earnings, while remittance collection also continues to show good numbers.…… Read the…