, March 8 -- Country's overall economic activity gained momentum in February, with the Purchasing Managers' Index (PMI) rising to 55.7, indicating a faster pace of expansion compared with the previous month.

The Bangladesh PMI February report, released on Sunday by the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka and Policy Exchange Bangladesh (PEB), showed the index increased by 1.8 points from January.

The PMI is designed to provide timely insights into the country's economic conditions to help businesses, investors and policymakers make informed decisions. The index was developed by MCCI and Policy Exchange Bangladesh with support from the UK Government and technical assistance from the Singapore Institute of Purchasin...