Local investors emerging as game changers
As Bangladesh鈥檚 economy evolves, a new class of local investors is stepping into the spotlight, playing a transformative role in driving growth, innovation and resilience across key sectors...
Tags : ECONOMY
Unfinished business of workers鈥� justice
LABOUR Day, observed on May 1, is often treated as a celebratory occasion. Yet, beyond the banners and speeches lies a hard truth: our global economy is built on the relentless work of labourers whose voices are too often ignored. From garment factories in Bangladesh to agricultural fields in Latin America, from the care sector in Europe to tech support centres...
Who pays for economic breakdown?
EVERY evening in a Dhaka slum, 32-year-old Fatima skips dinner so her children can have a hot meal. Her husband鈥檚 rickshaw fares, once sufficient to feed his family of five, now barely cover half the cost of rice and lentils. This is not an isolated tragedy but a symptom of a broader crisis: Bangladesh鈥檚 economy, once celebrated for rapid growth and rising living..
Speedy reforms needed to save economy : ICCB
Bangladesh鈥檚 banking sector faces deepening vulnerabilities amid looming US tariffs and stalled IMF loan disbursements, which require urgent structural reforms to protect the economy and restore financial stability, speakers said at a seminar on Wednesday...
US economy contracts in Jan-Mar
The US economy unexpectedly contracted in the first three months of this year, according to fresh data published Wednesday, due largely to a surge in imports ahead of the introduction of sweeping tariffs by president Donald Trump...
Economy and environment
BANGLADESH鈥橲 meandering geographical landscape and low-lying delta topography make it susceptible to natural disasters. However, beyond these geographical challenges, there have been many more casualties, and all of them are directly or indirectly connected to reckless behaviour and flawed thinking frameworks. These problems mainly stem from unsustainable...
India-Pakistan鈥檚 Kashmir fallout hits economy
Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small but prickly economic consequences for both nations...
Microenterprises can be vital for growth: Selim Jahan
The development of microenterprises can play a vital role in driving inclusive growth in Bangladesh鈥檚 economy, said renowned economist Selim Jahan...
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...
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...