China鈥檚 underwhelming data dampens hope of economic recovery
Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world鈥檚 second-largest聽economy...
Tags : ECONOMY
鈥楤angladesh鈥檚 economy not in bad shape, it has merely slowed down鈥�: adviser
Finance and Planning Adviser Dr Salehuddin Ahmed on Tuesday urged government officials to expedite the completion of ongoing development projects, stressing their critical impact on Bangladesh鈥檚 economy and its people.....
Bleak jobs report raises recession spectre in US
THE US economy appears to be precariously perched on the brink of recession. The stock market鈥檚 recent plunge reflects heightened recession fears, further exacerbated by a bleak jobs report. On August 2, the US Bureau of Labour Statistics unveiled that non-farm employment rose by a mere 114,000 in July, marking the lowest increase since...
Global stocks choppy at end of turbulent week
A stocks rebound ran out of gas on Friday, at the end of a roller-coaster week for markets on worries the US聽economy聽could tip into recession...
China consumer prices hit 5-month high, top forecasts
Chinese consumer inflation rose more than expected in July to hit a five-month high, data showed Friday, providing some much-needed positive news on the world鈥檚 number-two聽economy...
Finance div prepares economic report for finance adviser
The Finance Division has prepared an update about the economy highlighting the prevailing high inflation and falling forex reserves to submit to the finance adviser of the newly formed interim government led by Nobel laureate Muhammad Yunus...
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...
Law and order, economy need to be restored immediately: DCCI
The Dhaka Chamber of Commerce and Industry on Tuesday urged all concerned for an immediate formation and declaration of the interim government in a lawful manner to restore law and order and economy...
Restoring economy immediate challenge
The immediate challenge for the proposed interim government will be restoring the economy suffering heavy disruption over the student-led mass protests culminated in the fall of the Sheikh Hasina-led government...
Indonesian growth slows in Q2
Indonesia鈥檚聽economy聽grew more slowly in the second quarter of 2024 despite being supported by spending on religious holidays and increased household consumption, the country鈥檚 statistics agency said on Monday...
China issues plan to boost household consumption
China has issued a set of directives aimed at boosting household consumption, a weakness weighing on growth in the world鈥檚 second-largest聽economy, with the plan targeting sectors including child and elder care, and food and beverage...
Eurozone economy grows more than expected in Q2
The eurozone economy grew faster than expected in the second quarter despite Germany鈥檚 poor performance, official data showed Tuesday, easing fears over the region鈥檚 recovery...
Asian markets drop as Biden drops out of White House race
Asian markets fell Monday as Joe Biden鈥檚 decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared unmoved by China鈥檚 decision to cut interest rates in a bid to boost its stuttering economy...
Thailand unveils billion-dollar handout scheme to boost economy
Thailand鈥檚 government unveiled a billion-dollar handout scheme聽on Wednesday that it hopes will boost the flagging聽economy聽but warned recipients would not be allowed to spend the money on marijuana, jewellery or lottery tickets...
Ivory Coast tilts economy from farming to natural resources
The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country鈥檚聽economy聽in a new direction as it explores its underground potential...
German investor morale records first drop in a year
German investor confidence fell for the first time in a year in July,聽a key survey said on July 16, as the prospects for Europe鈥檚 largest聽economy聽seemed to darken once again...
Young Chinese seek alternative jobs in shifting economy
Braving loneliness, tough auditions and an unfamiliarly hot and humid climate, aspiring actor Guo Ting is determined to make it in China鈥檚 answer to Hollywood...
UK economy returns to growth, boosting new government
Britain鈥檚 economic output grew better-than-expected in May, official data showed Thursday, handing an early boost to the country鈥檚 newly-elected Labour government...
45 years of economic transformation
CHINA鈥橲 45-year journey of reform and opening-up stands as a testament to its unique economic development strategy. Over these decades, China has not only tackled a continuously fluctuating international economic environment but has also emerged as a pivotal force for global economic stability and...
New UK finance minister vows to power economy
New UK finance minister Rachel Reeves vowed Monday to immediately 鈥榝ix the foundations鈥� of Britain鈥檚聽economy, fuelled by onshore wind power and house building, after her...
US jobs market sees gradual cooldown in June
US job gains eased slightly in June while unemployment edged up, government data showed Friday, in a sign that the world鈥檚 biggest聽economy聽is cooling steadily as policymakers hope...
Bangladesh to seek $7b from China to boost trade in business summit during PM鈥檚 visit
Bangladesh will host a trade and investment summit in Beijing during prime minister Sheikh Hasina鈥檚 upcoming state visit to China....
German industrial orders decline again in May
German factory orders fell for a fifth consecutive month in May, official data showed Thursday, the latest sign that the recovery in Europe鈥檚 biggest聽economy聽was struggling to gain momentum...
Blue economy crucial for Bangladesh鈥檚 growth: Speaker
Speaker Shirin Sharmin Chaudhury emphasised the critical role of the blue economy in Bangladesh鈥檚 economic growth and sustainable development during her speech at the 鈥業nternational Conference on Ocean Prosperity: Catalysing Blue Economy in Bangladesh鈥� held at the Bangabandhu International Conference Centre in the capital Dhaka on Wednesday...
Govt has horde of issues to mend to save economy from declining
THE shortage of the dollar that has persisted for more than two years has severely constrained the economy, with a deleterious impact especially on trade. Now, it is the shortage of the taka, or liquidity crisis, in banks that is said to be further constraining the economy. The situation has left the government in a tight spot...
Banks鈥� liquidity crisis puts Bangladesh's economy in red聽
The financial sector in Bangladesh is in the grip of a severe liquidity crisis, posing significant challenges to the economy.
Cement sheets can boost livestock, poultry production: experts
The use of cement sheets in the livestock and poultry sectors to combat heat stress could increase annual production of approximately Tk 12,000 crore, speakers highlighted at a seminar titled 鈥楪reen Construction: How Cement Sheet is Transforming Bangladesh鈥檚 Agricultural Economy鈥� held at the Economic Reporters鈥� Forum on Monday...
Passage of budget retains largely all ills opposed to and criticised
THE Finance Bill 2024 has been passed. But the budget for the 2025 financial year in its passage has retained a controversial provision that economists have always been opposed to. The passage of the bill has also failed to handle a few other issues that were considered beneficial for the economy...
ICCB executive board discusses ways to address challenges for Bangladesh economy
International Chambers of Commerce Bangladesh (ICCB) president Mahbubur Rahman has said since the Russia-Ukraine war broke out in February 2022, Bangladesh has been experiencing economic crisis due to escalated prices of global commodities since the country鈥檚 foreign currency reserves depleted fast amid higher import bills...
UK economic recovery improves as election looms
The UK聽economy鈥檚 recovery from recession was stronger than previously thought in the first quarter, official data showed Friday, partly lifting embattled prime minister...