Improved Business Environment in May Amid Political Stability
Political stability improved slightly in May, contributing to a better business environment for the month. According to the Bangladesh Purchasing Managers' Index (PMI), the index rose by 6 points in May compared to April. While agriculture, manufacturing, and services sectors showed improvement during this time, the construction sector lagged behind. The PMI index is jointly published by the Metropolitan Chamber of Commerce and Industry (MCCI) and Policy Exchange Bangladesh (PEB). MCCI released the latest PMI report on Sunday.