Dhaka, March 9 -- Bangladesh experienced sluggish growth in new business and employment in February as compared to January, according to the latest Purchasing Managers' Index (PMI) report.

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, alongside Policy Exchange Bangladesh (PEB), released the PMI for February on Sunday, highlighting a decline of 1.1 points from the previous month, bringing the index to a slower expansion rate of 64.6.

This dip in PMI is attributed to slower growth in the construction and services sectors, while agriculture and manufacturing showed stronger expansion, the report revealed.

The PMI, an initiative by MCCI and Policy Exchange, aims to provide timely insights into Bangladesh's economic healt...