BANGLADESH, home to more than 170 million people, is often lauded for its steady economic growth, social development and demographic dividend. Yet, buried beneath this progress lies a silent but mounting crisis 鈥� the growing number of youth who are Not in Employment, Education, or Training (NEET). Representing a significant portion of the population, these...
A persistent decline in private-sector credit growth is concerning. A sluggish private sector credit growth has a direct negative impact on industrial expansion, new investment and employment opportunities. The private sector credit growth fell to 6.82 per cent in February, hitting its lowest in the past two decades, according to available Bangladesh Bank data. A...
The overall rate of inflation remained almost unchanged as it persisted over 9 per cent in March, while the gross domestic product growth bounced back in the second quarter of the current financial year of 2024鈥�25...
The private sector credit growth in Bangladesh fell to 6.82 per cent in February, hitting its lowest in 21 years, according to available data. The Bangladesh Bank data showed that the growth was the lowest since February 2004 when the rate was...
Remittance inflow witnessed a remarkable year-on-year growth of a massive 78.4 per cent to $2,252 million in the first 19 days of March...
BETWEEN the financial years of 2010 and 2023, Bangladesh recorded an average gross domestic product growth rate of 6.4 per cent, a figure that stood out in comparison to many other lower-middle-income countries. However, recent revelations have cast doubt on the accuracy of this performance. A white paper released in February 2024 recalibrated the actual average...
The Organisation for Economic Co-operation and Development on Monday lowered its projections for global growth in 2025 due to 鈥榯rade barriers鈥� and 鈥榰ncertainty鈥�...
FINANCIAL literacy day was observed across the country for the third time on March 3 this year. In 2022, Bangladesh Bank issued a circular declaring the first Monday of March as this day to be observed annually. The same circular also introduced the financial literacy guidelines for banks and financial institutions, aimed at strengthening financial inclusion and expanding...
Deposits in the country鈥檚 banking sector grew by more than 8 per cent in January, marking a rebound after four months of slower growth...
The export of the agricultural products witnessed a positive growth of 10.25 per cent to $742.47 million year-on-year in the July-February period of the current financial year...
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...
Chinese technology and e-commerce giant Alibaba on Thursday reported robust sales growth in its latest quarter, beating analyst expectations as Beijing looks to revive faith in the private sector...
THE government has given emphasis to finding new ways of boosting Sri Lanka鈥檚 economic growth. Among these would be the need to improve the country鈥檚 utilisation of digital technologies. The government has taken pride in the number of Sri Lankan experts it has mobilised to this cause. Dr Hans Wijayasuriya, who made Dialog a household name in Sri Lanka...
The country鈥檚 gross domestic product growth for the 2023-2024 financial year was 4.22 per cent, according to the Bangladesh Bureau of Statistics鈥� update released on Monday...
Bangladesh Knitwear Manufacturers and Exporters Association president Mohammad Hatem urged the interim government to implement policies discussing with business people and other stakeholders to attract more investment, grow industries, and generate more employment...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK...
BANGLADESH has seen impressive economic growth in recent decades, with gross domestic product rising at over 6 per cent annually. Landmark projects like the padma bridge and metro rail reflect the nation鈥檚 ambition for modernisation, offering better connectivity and economic opportunities. It has been suggested that 5 per cent of gross domestic...
THE growth of the number of economic units in the services sector by 56 per cent, to 10.83 million units in 2024 from about 6.91 million units in 2013, as the preliminary findings of the Economic Census 2024 that the Bureau of Statistics made public on January 29 show, is encouraging. But what remains worrisome is that the growth in the number of...
Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability...
The country鈥檚 service sector-based units grew more than manufacturing units over the past one decade that was also marked by a decrease in female employment...
BANGLADESH is at a pivotal moment in its pursuit of sustainable development and equitable growth. With a burgeoning youth population and a steadily expanding economy, the nation鈥檚 potential to establish itself as a significant player on the global stage is immense. Yet, this potential remains constrained by persistent challenges in the education sector...
China posted one of its slowest rates of economic growth in decades Friday, as leaders nervously eye a potential trade standoff with incoming US president Donald Trump.
Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...
Private sector credit growth in Bangladesh dropped in October to 8.30 per cent, the lowest in 41 months, reflecting deepening challenges in the banking sector and the broader economy...
The Bangladesh Purchasing Managers鈥� Index increased by 6.5 points to surpass 60 points in November, indicating economic growth for the second consecutive month after a period of contraction over the previous three months, according to a report.
India鈥檚 economic growth slowed to 5.4 per cent year-on-year in the September quarter, official data showed Friday, a significant decline from the 6.7 per cent during the previous quarter.
Private sector credit growth in Bangladesh fell sharply in September, reaching a three-year low amid turmoil in the banking sector and broader economic challenges.
Hong Kong鈥檚 economic growth in the third quarter missed analyst estimates as private consumption weakened, according to government figures released Thursday.
US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot at the end of a razor-edge presidential election campaign where...
SINCE 2000, Bangladesh has achieved an impressive average economic growth rate of 5.47 per cent, outperforming many other developing countries. This growth trajectory remained stable until the global disruption caused by the pandemic Covid in 2020. However, questions persist regarding the sustainability of this growth. Will it continue at this...