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Tags : economic growth


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Lost youth dividend

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 — the growing number of youth who are Not in Employment, Education, or Training (NEET). Representing a significant portion of the population, these...

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SRI LANKA: Filling in the vacuum caused by global political changes

THE government has given emphasis to finding new ways of boosting Sri Lanka’s economic growth. Among these would be the need to improve the country’s 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...

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PMI grows on agri, manufacturing, service sectors

The Bangladesh Purchasing Managers’ 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.

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India GDP growth slows to 5.4pc in Sept quarter

India’s 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.

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Functional capital market for economic stability

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...

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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...

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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...

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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...

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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, government data...

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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...

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