Bangladesh’s gross domestic product is estimated to have grown at a slower pace in the current financial year with the biggest blow stemming from the industrial sector, official figures showed.

Thinking about the role of remittance in our economy often makes us think about growth and standard of living.

The Asian Development Bank projects 8 percent GDP growth for Bangladesh for the current fiscal year. The multilateral lender said if Bangladesh can achieve the growth rate, it will be the highest in Asia.

Rising global oil price, local currency depreciation and a hike in energy prices may push inflation up in Bangladesh, said the Asian Development Bank yesterday.