S&P said in a note on July 30, "Bangladesh's external liquidity is weakening, as indicated by sustained depletion of its official foreign exchange reserves."
Economy

S&P cuts Bangladesh's debt rating to 'B+' from 'BB'

Downgrade reflects continued decline in foreign exchange reserves

30 July 2024
Bangladesh's garment industry is a major export earner.
Economy

Bangladeshi mismatch in export data cements doubts on official stats

Now-smaller GDP threatens South Asian nation's negotiation capacity with lenders

30 July 2024
Bangladeshi soldiers take a position at the Mohammadpur area during a national curfew in Dhaka on July 20.
Opinion

Bangladesh's quota quagmire shows need for urgent reforms

Hasina must create economic opportunities, give more space to opposition

26 July 2024
A Dhaka shopowner surveys burnt tyres outside his premises following a clash on July 23.
Society

Bangladesh protests cause thousands of Indians to flee

India anxious about spillover effect of unrest as evacuations get underway

25 July 2024
A man walks past damaged vehicles that were set afire by a mob after violence answered student protests against government job quotas, in Dhaka, Bangladesh, on July 21.
Bangladesh turmoil

Bangladesh protesters demand government take responsibility for deaths

Prime Minister Sheikh Hasina called on to apologize and fire the home minister

22 July 2024
On July 21, a man in Dhaka rides his rickshaw past damaged vehicles that were set on fire by a mob during clashes after violence erupted following protests by Bangladeshi students against government job quotas.
Bangladesh turmoil

Bangladesh top court scraps most job quotas that triggered deadly protests

Students pushed for lifting government quotas; communications spotty after crackdown

21 July 2024
A police officer fires tear gas during violent demonstrations outside state-owned Bangladesh Television in Dhaka on July 19.
Bangladesh turmoil

Bangladesh army imposes curfew as student-led protests spiral

Internet, text message services suspended; death toll rises to at least 114

20 July 2024
A police officer is beaten by mob during a clash between anti-quota supporters, police and ruling Awami League supporters at the Rampura area in Dhaka on July 18.
Bangladesh turmoil

Bangladesh TV news off air, communications widely disrupted

Websites of several Bangladesh-based newspapers not updated as student protests spike

19 July 2024
Anti-quota protesters carrying Bangladeshi flags engage in a clash with the student wing of the ruling Bangladesh Awami League at the University of Dhaka on July 16.
Bangladesh turmoil

Student protests in Bangladesh over job quotas escalate into violence

Prime Minister Hasina's use of derogatory term for activists further fuels anger

18 July 2024
Bangladeshi workers in Dhaka line up for air tickets to return to Saudi Arabia. Many South Asian migrants work in the Middle East.
Immigration

Philippines, Bangladesh push Asian migrant numbers to record high

6.93 million workers go abroad in 2023 as remittances hit $371.5 billion

27 June 2024
Indian Prime Minister Narendra Modi, right, speaks with Bangladesh's Prime Minister Sheikh Hasina during her ceremonial reception at the Forecourt of India's Rashtrapati Bhavan Presidential Palace in New Delhi on June 22.
International relations

Bangladesh PM Hasina visits India twice ahead of China trip

Delhi talks yield no progress on river deal that Beijing also wants a part of

24 June 2024
Around 3.5 million people in Bangaldesh were at risk of annual river flooding, according to a 2015 analysis by the World Bank Institute.
Natural disasters

Bangladesh floods strand over 2m people, including 772,000 children

Heavy rain in forecast could worsen situation in climate-vulnerable country

22 June 2024
Construction of a Lion factory began at the Bangladesh Special Economic Zone in May. (Sumitomo Corp.)
Business trends

Bangladesh attracts more global factories, from Japan's Lion to Godiva

Manufacturers drawn to cheap labor and growing market in effort to diversify

21 June 2024
Bangladesh Prime Minister Sheikh Hasina's cash-strapped government took a $4.7 billion loan from the International Monetary Fund. (Nikkei montage/Source photos by Reuters)
Economy

Bangladesh cuts GDP growth target to 6.7% as economic crisis bites

Lower forecast comes as government announces 'cautious' $67.5bn budget

7 June 2024
Rohingya refugees try to balance on a capsized boat in the waters off West Aceh, Indonesia, on March 21.
Editor-in-Chief’s Picks

Letter from Nikkei Asia's editor: Nowhere to go

Shin Nakayama shares his weekly reflections and recommendations

31 May 2024
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The Big Story

Myanmar's Rohingya refugees signal despair and hope in overcrowded camp

Almost a million trapped by civil war amid xenophobia, donor fatigue in Bangladesh

29 May 2024
Bangladeshi Prime Minister Sheikh Hasina speaks to journalists on Jan. 8 after winning her fourth term in power. The elections were marred by violence and arrests of opposition leaders.
International relations

Renewed U.S. outreach to Bangladesh signals strategic shift in region

U.S. diplomat Lu prioritizes economic partnership to counter China's influence

28 May 2024
Depositors across Bangladesh are yanking savings out of the country's crisis-hit banks, despite official assurances that deposits are safe. (Nikkei montage / Source photos by Reuters and AFP/Jiji)
Finance

Bangladesh banks in liquidity crisis, hit by forced merger plan

Institutions saddled with bad loans and fraud claims, leading authorities to downsize sector

15 May 2024
Bangladesh's central bank has been struggling to tame the country's high inflation.
Economy

Bangladesh acts to tame inflation as IMF pledges $1.1bn loan

South Asian nation to let currency and lending rates heed market forces

13 May 2024
For the past six years, A.M. Emran has been offering heritage dining experiences to the public in his family's colonial-era mansion in the Bangladeshi capital of Dhaka. (All photos by Faisal Mahmud)
Tea Leaves

Bangladesh eatery takes diners back to future

Dhaka's only heritage dining place shows the city's potential for tourism

8 May 2024
"Not enough time, not enough support": Uzbekistan, a landlocked country slightly bigger than California, is facing the consequences of a history of poor irrigation, with rising salinity slashing the size of usable growing areas.
Asia Insight

Uzbek farmers battle to save cotton, wheat crops from mortal enemy: salt

Growing salinization crisis bites as cotton exports to Bangladesh skid 80% in 5 years

7 May 2024
A shopkeeper in Mirpur selling Indian saris waits for customers. (Photo by Faisal Mahmud)
Economy

Bangladeshi 'India out' campaign hits Ramadan sales

Retailers report demand drop; PM Hasina points to dependence on Indian staples

12 April 2024
Supporters of former Pakistani Prime Minister Imran Khan's party chant slogans during a protest demanding free and fair elections in Karachi on March 2. 
Politics

Has Pakistan cricket hero Khan opened political Pandora's box?

Jailed ex-PM champions renewal, reforms that resonate with younger voters

6 April 2024
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Special Reports

From India to Australia, Myanmar is flooding Asia with cheap meth

Myanmar conflict leads to growing supply and falling prices for deadly stimulant

29 March 2024
Students, campaigners and lawmakers protest in 2019 against Home Office actions against alleged cheaters on a test of English-language skills. (Migrant Voice) 
Education

South Asian students fight accusations of U.K. visa fraud 10 years on

Over 35,000 visas were canceled over English test scandal in 2014

17 March 2024