Remittance inflow rises 27.1pc in 1st 10 days of Nov
The Financial Express
Bangladesh received US$1,409 million in workers' remittances during the first 10 days of November 2026, registering a 27.1 per cent year-on-year growth compared to US$1,109 million received during the corresponding period last year. On November 10 alone, expatriate Bangladeshis sent home US$126 million in remittances, reports BSS. The country received US$12.874 billion in remittances during the July 2026 to November 10, 2026 period, compared to US$11.258 billion during the corresponding period of the previous fiscal year. The cumulative remittance inflow thus recorded a 14.4 per cent year-on-year growth in the current fiscal year (FY2026-27).
More than $7.5 billion will be needed to repay foreign debt in 2030
Bonik Barta
Bangladesh's expenditure on interest and principal repayment of foreign debt is increasing gradually. Currently, the annual expenditure on debt repayment is about $4.49 billion. By 2030, this expenditure may increase to more than $7.6 billion. The country's debt burden has increased significantly in the past decade. At the same time, the revenue collection rate is also at the bottom compared to GDP. These two issues have been identified as major challenges before the economy by Dr. Rashed Al Mahmud Titumir, Advisor to the Prime Minister at the Ministry of Finance and Planning. He told reporters after the meeting of the Revenue Committee at the Revenue Building in Agargaon in the capital yesterday. National Board of Revenue (NBR) Chairman Ahsan Habib was present at the time.
BSEC to launch single window review to simplify IPO process
Bonik Barta
The Bangladesh Securities and Exchange Commission (BSEC) has decided to introduce a single window review system to make the initial public offering (IPO) application review process simple, integrated and time-saving. Under this new system, stock exchanges will take into account the commission's observations along with their own observations while reviewing IPO applications. The decision was taken at the 1,038th meeting of the commission held yesterday under the chairmanship of BSEC Chairman Masud Khan.
China's trade surplus exceeds $1 trillion
Bonik Barta
China has maintained a strong position in the global market for exporting goods. In the first 10 months of this year, the country's trade surplus exceeded 1 trillion dollars. Compared to the same period last year, both exports and imports have grown this time. However, the trade surplus has increased as imports are lower than exports. This puts the world's second-largest economy on track for a new record. News FT.
TSMC's revenue rose 60% in October
Bonik Barta
The spread of artificial intelligence (AI) technology is increasing the demand for advanced semiconductor chips around the world. Taiwan Semiconductor Manufacturing Company (TSMC) is benefiting from this. Last month, the world's largest contract chip manufacturer's revenue increased by 60 percent. In October this year, the company's revenue was 586.89 billion NTD. News CNBC.
According to data released by TSMC, the company's revenue last month was $17.88 billion in US dollars. This revenue is 59.7 percent higher than the same period last year. And it is up 14.7 percent compared to September.
Honda's operating profit drops 39 percent
Bonik Barta
Japanese carmaker Honda's operating profit fell 39 percent. The company's profit in the July-September quarter of this year was 118 billion yen. This profit was much lower than analysts' forecasts. Nine analysts in a survey by the London Stock Exchange Group (LSEG) had predicted a profit of 250 billion yen on average. Honda had to spend more than $9 billion in the previous fiscal year due to restructuring its electric vehicle (EV) business. This affected the company's financial results. The company reported its first annual loss in nearly 70 years in May. Honda is looking to expand its hybrid car business in the US market to cope with the situation.
BRAC Bank's profit increases by 38% in 9 months
Bonik Barta
BRAC Bank PLC has achieved a consolidated net profit after tax (NPAT) of Tk 2,121 crore in the first nine months of this year (January-September), which is 38 percent more than the same period of the previous year. On the other hand, net profit increased by 50 percent during January-September. This success came as a result of growth in deposits and loans as well as increased operational efficiency, the bank said in a press release yesterday.
Chittagong Chamber wants to work with ILO to create skilled manpower
Bonik Barta
The Chittagong Chamber of Commerce and Industry (CCCI) is keen to work jointly with the International Labour Organization (ILO) to create skilled manpower and increase employment as per the needs of the industry. To this end, emphasis has been given to connectivity between industrial establishments and technical educational institutions, job-based training and skill development. This issue came up in a view-sharing meeting between the leaders of the Chittagong Chamber and the ILO delegation in Chittagong yesterday.
Midland Bank's net profit increases 82% in nine months
Bonik Barta
The consolidated net profit of Midland Bank PLC, listed on the capital market, increased by 82.14 percent in the first nine months (January-September) of the current year. During this period, the bank's net profit after tax was Tk 714.3 crore. In the same period of the previous year, this profit was Tk 392.2 crore. This growth in profit was due to an increase in income from treasury investments and commission and foreign exchange income. This information was revealed in the bank's unaudited financial report for the third quarter of 2026.
Germany fails to meet gas stockpile target before winter
Prothom-Alo
Germany has failed to meet its gas storage target before the start of the winter season. Only 62 percent of the country's storage capacity is left. The target before winter was to increase the storage to 80 percent. In this situation, the country may have to buy additional gas from the spot market to meet demand. This has created fears of gas prices rising in other European countries as well. News Financial Times. Germany is the largest gas user in the European Union (EU). The country has a gas storage capacity of about 250 terawatt-hours. However, the current storage capacity is far below the target. On the other hand, the gas storage capacity of the entire EU is also below the historical average. The gas storage facilities of the alliance countries are slightly less than 75 percent of their capacity.
Oil prices fall below $90 after Trump's speech
Bonik Barta
The price of crude oil in the international market has fallen below $90 per barrel. The price of the fuel product has fallen sharply in the market after US President Donald Trump indicated that there are no plans to attack Iran for the time being. Optimism about diplomatic initiatives to defuse the conflict in the Middle East is also playing a role in reducing prices. The price of international benchmark Brent crude fell to $89.70 in yesterday's morning trading. Brent's price fell below $90 for the first time since last August. Market analysts believe that this trend of price decline may continue in the future. Reuters and OilPrice.com report.
Despite a half-trillion dollar economy, Bangladesh still has no recognized billionaires!
Bonik Barta
More than five decades have passed since independence. Once a poverty-stricken country, Bangladesh is now a country with a half-trillion dollar economy. The expansion of the ready-made garment industry, expatriate income, infrastructure development, banking, power, housing and industrial sectors has changed the face of the country's economy. The scope of business has increased, large industrial groups have been formed, and the scope of personal wealth has expanded. But against this huge size of the economy, a question is gradually coming to the fore - why is there no Bangladeshi citizen in the list of recognized billionaires in the world despite the presence of such a large economy, huge business empires and wealthy people?
The minimum annual loss due to delayed energy transition is about $3 billion.
Bonik Barta
The country's energy sector is paying the price for its long-standing mismanagement and slow transformation through high-priced imports. Stagnation in domestic gas exploration, failure to harness the potential of solar power, failure to control gas wastage, and reliance on furnace oil power plants and diesel-powered irrigation pumps have all added to the burden of additional costs in the sector. According to energy experts, if existing capacity and potential were harnessed, it would have been possible to save at least $2.87 billion in energy costs per year, based on pre-war international market prices. And at current market prices, this saving could be even greater.
Matarbari power plant with own funds after Japan pullback
The Financial Express
The state-run Coal Power Generation Company Bangladesh Limited (CPGCBL) has undertaken a Tk 198.39-billion project (2nd phase) for setting up the 2X600MW (3rd and 4th units) 2nd phase of the coal-fired power station, they said Tuesday. The company has already set up 2X600MW-capacity 1st and 2nd unit of the ultra-supercritical coal-fired power station at a cost of Tk 518.55 billion at Matarbari where a coal-handling port, sea-channel expansion, and township have also been developed. The Japanese-funded 2X600MW power station has been supplying electricity to the national grid since August 2023.