BMU holds seminar on blue economy
Bangladesh Maritime University held an international seminar titled Blue Economy: Unlocking the Potential of Oceans for Sustainable Development of Bangladesh at the Senaprangan, Dhaka Cantonment on Monday...
Tags : ECONOMY
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...
NSU, York University host event on global economy
The office of external affairs at North South University on Wednesday hosted an engaging session titled 鈥楿nderstanding our economic world: business, society, and your life at York University鈥� in collaboration with York University, Canada...
Bangladesh鈥檚 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 鈥榬eciprocal tariff,鈥� this policy is based on a trading philosophy that could potentially lead to...
UK economy slightly stronger than expected in 2024
Britain鈥檚 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.
Policy changes in US affect global economy: ICCB bulletin
Recent shifts in US leadership have demonstrated that policy changes 鈥� especially in tariff, taxation, trade, climate regulations and monetary policies 鈥� can have far-reaching effects across the global economy, according to the International Chamber of Commerce-Bangladesh鈥檚 editorial of...
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 鈥� 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...
Sri Lanka posts first growth since crisis
Cash-strapped Sri Lanka鈥檚 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...
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...
UK economy shrinks in Jan in blow to govt
Britain鈥檚 economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy.
With Trump letter en route, Iran weighs talks with US
With sanctions squeezing its economy, Iran is exploring the possibility of talks with the United States while resisting pressure to make major concessions...
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...
Women鈥檚 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鈥檚 participation in the economic sector...
Investing in green factories
BANGLADESH鈥橲 apparel sector has long been the backbone of the economy, employing millions and accounting for over 80 per cent of the country鈥檚 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...
Bangladesh鈥檚 migration crisis
FOR decades, Bangladesh鈥檚 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...
Shafiqul terms Bangladesh鈥檚 economic turnaround as miracle
Chief adviser鈥檚 press secretary Shafiqul Alam on Wednesday said that the way Bangladesh鈥檚 economy has made a turnaround within six months is just a 鈥榤iracle鈥�...
Bangladesh鈥檚 economy stabilising on exports and remittances: MCCI review
Bangladesh鈥檚 economy has gradually been recovering from political instability and a banking loan scam, according to a review by the Metropolitan Chamber of Commerce and Industry...
Uneven competition with banks hinders NBFIs鈥� 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鈥檚 overall economy and financial system...
Country鈥檚 economy in positive trend: BIDA chief
Bangladesh Investment Development Authority executive chairman Chowdhury Ashik Mahmud Bin Harun said that there was a positive trend in the country鈥檚 economy in the past six months...
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鈥檚 large population is not a burden but a valuable resource...
Flagrant corruption in agricultural sector
THE agricultural sector has long been considered the backbone of Bangladesh鈥檚 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鈥檚 ambitious 鈥楢gricultural Mechanisation through...
High inflation indicates a fragile national economy
BRITISH economist Lionel Charles Robbins said in the 80s, 鈥業f the average inflation of a country exceeds 4.2 per cent, then there is no more economy in that country.鈥� 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...
RMG must evolve beyond cheap labour
THE ready-made garments sector has been the backbone of Bangladesh鈥檚 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鈥檚 total exports and...
Bangladesh Bank predicts sluggish economy in FY25
The Bangladesh Bank is not optimistic about the country鈥檚 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...
TASK FORCE REPORT ON ECONOMY: Underfunding keeps blocking effective road maintenance
Persistent underfunding continues to hinder effective road maintenance, resulting in deteriorating road conditions and increased costs for repair and rehabilitation, according to a task force report...
Economy improves, inflation, bank sector, worker unrest pose risks
The overall economy has been improving for the past six months, but worker unrests, inflation and fragile banking sector still pose risks, according to a Finance Division report released on Sunday...
China economy gets New Year boost
China鈥檚 sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales聽both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war...
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 鈥楻eaping the Benefits of Demographic Dividends: Investment in...
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...
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...