IMF predicts slightly slower global growth in 2024, 2025
Global growth is expected to ease slightly to 3.2 per cent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked...
Tags : Growth
China posts slowest growth in over a year as property woes drag
China posted聽its slowest growth in a year and a half on Friday, underlining the deep economic woes the country faces as its central bank launched a new bid to boost markets and...
Chinese export growth slows sharply in Sept
China鈥檚 export growth slowed sharply in September while imports remained sluggish, data showed Monday, as authorities wait for recent stimulus measures to perk up weak domestic demand...
Pvt sector credit growth in Bangladesh drops
The private sector credit growth in the country dropped in August compared with that in the previous month amid turmoil in the banking sector and business environment...
Bangladesh鈥檚 economic growth to decrease to 4 per cent in FY25: World Bank
The World Bank predicted that economic growth in Bangladesh would decline to 4 per cent in the current financial year due to recent flood and uncertainty in the production sector.
Cultural growth as important as economic growth
CULTURAL practice, considered pivotal in building an inclusive society and youth development, has largely been neglected since the fall of the authoritarian Awami League regime as the sector has run into trouble with most publicly funded cultural institutes having closed or been largely inactive. The Shilpala Academy, considered the centre of cultural...
ADB lowers Bangladesh's growth forecast to 5.1pc
The Asian Development Bank has slashed its economic growth forecast for Bangladesh to 5.1 per cent for the fiscal year 2024-25, citing political unrest, supply chain disruptions, and recent severe floods...
OECD for higher property taxes to fight debt
The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher property and environmental taxes to combat soaring debt in many countries...
India growth slows to 6.7pc on lower consumer spending
India鈥檚 economic growth slowed to 6.7 per cent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending...
Russian economic growth dips in Q2 as inflation rises
The pace of Russia鈥檚 economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of 鈥榦verheating鈥�...
China notches steady export growth in July as imports surge
China鈥檚 exports grew slightly slower than expected in July while imports surged, official figures showed Wednesday, as the world鈥檚 second-largest聽economy聽charts an uneven recovery...
BRAC Bank posts deposit, revenue growth in H1
BRAC Bank鈥檚 consolidated net profit after-tax (NPAT) in the first six months of 2024 grew by 77 per cent year-on -year to Tk聽591 crore supported by deposit and revenue growth, according to press release...
US economy beats growth expectations in Q2
US economic growth blew past expectations in the second quarter, boosted by consumer spending and inventory building despite high interest rates,聽government data...
IMF maintains 2024 global growth forecast, warns of inflation risk
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead...
4 new factories get LEED Platinum certification
Four new factories in Bangladesh have recently been certified as LEED Platinum, marking a significant achievement in the country鈥檚 sustainable industrial growth over the years...
Pvt sector credit growth rises slightly in May
The private sector credit growth in the country increased slightly in May compared with that in the previous month...
Bangladesh needs green growth to become upper middle-income country by 2031: WB
Bangladesh will need green growth to achieve its vision of upper middle-income country by 2031, which can be achieved through institutional strengthening, regulatory reforms, climate responsive public and private finance and enabling policy framework, says a new World Bank report launched on Thursday...
Tax regime reform, long-term policies needed to drive growth
Business leaders on Monday said that structural changes in the revenue sector and predictable long-term policies were imperative to ensure both local and foreign investments as well as to drive economic growth for addressing the ongoing economic challenges in the country...
Will the budget attain targeted goals?
THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024鈥�2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...
Pvt sector credit growth hits 5-month low
The private sector credit growth in the country plunged to a five-month low in April due to liquidity crisis and rising interest rate...
IMF lifts China growth forecast but warns on industrial policy
The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing鈥檚 industrial policy risks a 鈥榤isallocation鈥� of resources and could harm trade...
Ensuring nutrition security
ACCORDING to the Constitution of Bangladesh, nutrition is a basic human right, and the government has made significant investments to ensure it. Over the years, the nation has made substantial progress in reducing malnutrition, with the hunger score improving...
Pvt credit growth rises in March
The private sector credit growth in the country increased in March compared with that in the previous month due mainly to increased business activities during Ramadan...
Global stocks heat up as US labour market cools
Stock markets rose Friday as cooling US job growth raised hopes of interest-rate cuts, while London hit another record high following speculation of a bidding war for mining giant Anglo American...
Accelerated climate actions for V20 countries
A RECENT study has warned that rapid and forceful climate change is affecting the economy, GDP growth, livelihoods of common people and human health, with growing gender inequity in developing countries, particularly among the...
GDP growth slows
The country鈥檚 growth in gross domestic product during the second quarter of the current financial year grew at a slower pace than in the past two...
Pvt sector credit growth slow
The private sector credit growth in the country remained stagnant in February due to a combination of factors, including a liquidity shortage, reduced loan disbursement capacity by banks and the ongoing economic challenges...