¶¶Òõ¾«Æ·

Skip to main content

Tags : ECONOMY


img

Prime Bank celebrates 30 years of service

Prime Bank is celebrating its 30 years of service, marking a journey of trust, innovation, and shared progress. Prime Bank reaffirms its commitment to better serving customers while contributing to a more inclusive and resilient economy in the days forward...

img

NSU, York University host event on global economy

The office of external affairs at North South University on Wednesday hosted an engaging session titled ‘Understanding our economic world: business, society, and your life at York University’ in collaboration with York University, Canada...

img

Bangladesh’s economy and global impact

IN RECENT years, the global economy has been shaped by the principles of free-market systems and trade openness. However, the United States has introduced a surprising policy that contradicts these principles, particularly under the Trump administration. Known as the ‘reciprocal tariff,’ this policy is based on a trading philosophy that could potentially lead to...

img

UK economy slightly stronger than expected in 2024

Britain’s economy grew slightly more than initially forecast last year, official data showed Friday, in a hint of good news for the government after it slashed its growth outlook for 2025.

img

Policy changes in US affect global economy: ICCB bulletin

Recent shifts in US leadership have demonstrated that policy changes – especially in tariff, taxation, trade, climate regulations and monetary policies – can have far-reaching effects across the global economy, according to the International Chamber of Commerce-Bangladesh’s editorial of...

img

Future demands green finance

THE world economy is going through a turbulent spell. But alongside rising inflation, geopolitical instability and tightening global credit, there is another worrying trend taking shape — a rather indiscreet and ill-judged withdrawal from climate financing. For countries like Bangladesh, among the most climate-vulnerable in the world, this shift is not merely disappointing; it...

img

Sri Lanka posts first growth since crisis

Cash-strapped Sri Lanka’s economy grew by five per cent in 2024, marking the first full year of expansion since its unprecedented meltdown in 2022, official data showed on Tuesday...

img

NCC Bank launches 4 pro-women products

NCC Bank has launched four new banking products aimed at empowering women and fostering financial inclusion within the national economy...

img

UK economy shrinks in Jan in blow to govt

Britain’s economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy.

img

Pvt sector credit growth plunges

Private sector credit growth in Bangladesh fell sharply to 7.15 per cent in January, deepening challenges in the banking sector and the broader economy...

img

Women’s participation in economy stressed

Speakers at a webinar today said that in order to eliminate gender disparity, it is imperative to focus particularly on boosting women’s participation in the economic sector...

img

Investing in green factories

BANGLADESH’S apparel sector has long been the backbone of the economy, employing millions and accounting for over 80 per cent of the country’s total exports. However, the global apparel market is changing. Buyers no longer prioritise just low-cost production; sustainability has become a key factor. As international brands push for ethical and eco-friendly...

img

Bangladesh’s migration crisis

FOR decades, Bangladesh’s economy has been fuelled by remittances sent by millions of its migrant workers. These men and women, mostly employed in low-wage sectors in the Gulf states and Malaysia, work tirelessly in construction, domestic service, and factories, sending home billions of dollars each year. In 2024, Bangladesh received almost $27 billion in...

img

Uneven competition with banks hinders NBFIs’ growth

The country as a whole is going through one of the most difficult periods, created by the previous authoritarian regime through corruption and money laundering and it has left a deep scar on Bangladesh’s overall economy and financial system...

img

BANGLADESH ECONOMY: Turning demographic challenges into opportunities

SPEAKING at the recent annual conference of the Bangladesh Administrative Service Association, Chief Adviser Dr Muhammad Yunus has emphasised the need to create opportunities for young people, asserting that Bangladesh’s large population is not a burden but a valuable resource...

img

Flagrant corruption in agricultural sector

THE agricultural sector has long been considered the backbone of Bangladesh’s economy. It provides sustenance and employment to millions. However, in the current context of diverse employment opportunities, modernising and mechanising this critical sector is urgently needed. The Awami League government’s ambitious ‘Agricultural Mechanisation through...

img

High inflation indicates a fragile national economy

BRITISH economist Lionel Charles Robbins said in the 80s, ‘If the average inflation of a country exceeds 4.2 per cent, then there is no more economy in that country.’ Inflation was 4.6 per cent in the last fiscal year of the Bangladesh Nationalist Party-led four-party coalition government. Inflation started increasing after the authoritarian leader Sheikh Hasina came to power...

img

RMG must evolve beyond cheap labour

THE ready-made garments sector has been the backbone of Bangladesh’s economy for decades, transforming the country into a global hub for apparel manufacturing. From its humble beginnings in the late 1970s, the industry has grown to become the second-largest apparel exporter in the world, contributing over 80 per cent of Bangladesh’s total exports and...

img

Bangladesh Bank predicts sluggish economy in FY25

The Bangladesh Bank is not optimistic about the country’s economic outlook for the 2024-25 financial year as the central bank on Monday predicted economic growth would remain sluggish at about 4-5 per cent in FY25 due to a host of challenges...

img

China economy gets New Year boost

China’s sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war...

img

Ban on on-campus student politics is no solution

A TASK force that the government instituted in September 2024 submitted its report, Re-strategising the Economy and Mobilising Resources for Equitable and Sustainable Development, on January 30. The task force, composed of 12 members, in the sixth chapter of the report titled ‘Reaping the Benefits of Demographic Dividends: Investment in...

img

Task force for banning student politics on campus

A recently published task force report on re-strategising the economy recommended that the government should develop and implement a single university admission test for all public and private universities in the country...

img

Task force emphasises research, innovation to diversify economy

The task force report on re-strategising the Economy and Mobilising Resources for Equitable and Sustainable Development said that Bangladesh can boost its economy by using innovation and R&D to diversify, improve productivity, and add value to its products...

img

India forecasts slowing growth

India’s economy will grow 6.3-6.8 per cent in the next fiscal year, a government report said on Friday, among the top-performing countries globally but sluggish compared with recent performance.

m