Bangladesh economy

World Bank, ADB promise more support but call for reforms

Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.
19 January 2024, 00:15 AM

Bangladesh’s economic growth to slow to 5.6% in FY24: World Bank

The World Bank has forecasted a slow economic growth for Bangladesh because of factors like inflation
10 January 2024, 09:01 AM

Roadmap for economic stability has been prepared for new govt

The government has prepared a roadmap to maintain economic stability, an issue that will pose a challenge to the new government, Finance Minister AHM Mustafa Kamal said.
9 January 2024, 12:41 PM

What the economy may look like in 2024

The verdict so far is that the year will see slow GDP growth but also experience lower inflation.
9 January 2024, 03:00 AM

What lies ahead for Bangladesh’s economy?

To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.
8 January 2024, 03:49 AM

‘Focus on good governance and job creation’

Job creation, good governance that will ensure stability, are expected from the new govt, says a top business leader
7 January 2024, 01:00 AM

Why our balance of payments won’t balance out post-election

With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
3 January 2024, 01:00 AM

Can Bangladesh put economy back on track in 2024?

The present government started its journey at a time when the global economic environment was conducive to growth and low inflation. Food prices had stabilised after the global food crisis of 2007-08. Interest rates were lowered globally in response to the global economic crisis of 2008.
31 December 2023, 00:56 AM

Businesses to face inflation, currency headwinds in year ahead too

Businesses in Bangladesh will face challenges in managing the impacts of higher inflation and exchange rate in 2024 as well while the cost of production and operation may increase amid the rising bank interest, several business and corporate leaders warn
28 December 2023, 01:00 AM

Growing inequality lays bare broader economic divide: CPD

The income inequality between the rich and the poor has surged to a level that the country is witnessing two economic systems, which go against the spirit of the Liberation War, said the CPD
23 December 2023, 18:10 PM

Issues our banking sector must address

As most of our economic sectors depend heavily on banks, it has created many problems for the banking sector and its depositors.
5 December 2023, 01:00 AM

GDP growth stands at 5.78% in Q4 of FY23

Bangladesh’s economy slowed in fiscal 2022-23 although growth bounced back to 5.78 percent by the end of the year’s fourth quarter, government data shows.
23 November 2023, 18:01 PM

Political crisis to significantly affect economy: PRI

The ongoing political crisis, foreign powers’ interest in the upcoming national election, and labour and human rights issues are deepening the economic uncertainty in the country, the Policy Research Institute (PRI) of Bangladesh said yesterday.
21 November 2023, 18:00 PM

We must remove barriers to investment flow

Increased private, foreign investments key to our economic recovery
21 November 2023, 06:50 AM

Unrest bearing on fragile economy

The political unrest and the garment workers’ agitation in the apparel sector have started to take a toll on the economy that is already grappling with elevated inflation, a depleting dollar stockpile, slowing exports and decelerating private sector activities.
6 November 2023, 18:00 PM

Workers are right to decry poor wages

Authorities should take sensible steps to restore normalcy
2 November 2023, 14:21 PM

Fixing the economy: BB drawing up roadmap to tackle 3 key challenges

Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.
25 October 2023, 18:00 PM

How long will we ignore R&D?

Investing more in research and development vital for future economic growth
24 October 2023, 05:00 AM

Pressure on external sector of economy to persist

Pressure on the external sector of Bangladesh's economy is expected to persist in the current financial year, said a top official of the World Bank yesterday
19 October 2023, 17:59 PM

Economy going thru difficult times

The country's economyis going through a difficult time, said Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry, yesterday.
16 October 2023, 17:52 PM