Germany sees surprise drop in factory output in Oct
German factory output suffered a surprise drop in October, official data showed Friday, underlining the persistent troubles faced by Europe鈥檚 biggest聽economy...
Tags : Economy
Russian economy shows signs of slowdown, top banker warns
The Russian聽economy聽is showing 鈥榮ignificant鈥� signs of a slowdown in some sectors as it grapples with waning growth and high inflation, the head of the country鈥檚 biggest lender warned Friday...
Govt should pay teachers well to up quality of education
TEACHERS need to be paid well 鈥� well enough so that they can devote their time and energy to teaching without having to worry about the sustenance of the family. This is where the quality of education has suffered, with teachers continuing to go underpaid. Whilst the average salary of schoolteachers at the primary level, which lays the foundation...
Unchecked corruption puts food security at risk
Unbridled corruption particularly in areas related to the agriculture sector has left the country鈥檚 food security in peril, the 鈥榃hite Paper on the state of Bangladesh economy鈥� has observed.
White Paper finds systematic corruption in health sector
The White Paper on the State of Bangladesh Economy finds rampant systematic corruption in health sector through procurement and supply chain management, outsourcing of services, and career mobility of young doctors....
Policy swings, corruption lead to forex market crisis
Regulatory mood swings and corruption during the Awami League regime created disorderly conditions in the foreign exchange market, which led the foreign exchange reserves declining to levels too low for comfort, according to the White Paper on the State of Bangladesh economy submitted to chief adviser Muhammad Yunus on Sunday...
Rethinking growth
BANGLADESH鈥橲 recently released white paper on the economy provides an open and detailed examination of the nation鈥檚 economic progress and drawbacks. It is an urgent call to action for reform, accountability and inclusive development that benefits all citizens...
Govt has arduous job to put economy back in shape
THE white paper on the state of the Bangladesh economy that a 12-member committee formed by the interim government has come up with presents a more appalling picture of the economy during the Awami League regime than was feared. The white paper, in short, has shed light on the dark side of the development narrative that the Awami League government, toppled by a student-mass uprising...
SMEs hamstrung by limited access to finance over past decade
Limited access to finance has been one of the major challenges for small and medium enterprises over the past decade in Bangladesh, as banks generally favour larger and well-established companies in the country, according to the draft White Paper on the State of Bangladesh Economy submitted to chief adviser Muhammad Yunus on Sunday...
Bangladeshi people express concern over price hike: VoA survey
Many people in Bangladesh believe that the interim government has faced challenges in managing the rising prices of essential commodities compared to the previous Awami League government, says a survey conducted by Voice of America Bangla...
White paper聽on Bangladesh's economy likely on December 1
The white paper on the country鈥檚 economy will be submitted today highlighting how political driven data created the 鈥榲illainous鈥� development narrative by the ousted Awami League regime.
China manufacturing expands for second straight month
China in November saw an uptick in industrial output for the second straight month, government data showed Saturday, an encouraging sign for officials as they battle stagnant activity...
S&P maintains France economy rating and outlook
Ratings agency S&P on Friday maintained its grade for the French economy saying the outlook was 鈥榮table鈥� despite the European country鈥檚 debt mountain and political troubles...
Economy recovering, but challenges remian: MCCI
Bangladesh鈥檚 economy has been gradually recovering from the recent political instability in the first quarter of the 2024-25 financial year, but, several challenges such as high inflation, reduced export activity, shortfall in revenue collection, diminished job opportunities and sluggish investment climate need to be addressed, said the Metropolitan Chamber of Commerce and Industry, Dhaka...
Urgent economic matters warrant govt priority
THE interim government has been in power for almost three months. If this government stayed only for three months, it would not need to worry about the economy. But it...
S鈥檖ore hikes 2024 outlook after topping Q3 forecasts
Singapore said Friday its聽economy聽grew more than expected in the third quarter and raised its forecast for the year thanks to stronger demand from key trading partners.
China moves to boost foreign trade
China unveiled new measures on Thursday to boost foreign trade, as Beijing battles to turn around a slowing聽economy聽threatened further by the potentially hostile policies of incoming US president Donald Trump...
The wizard of Mar-a-Lago
The economy, immigration, and abortion rights became the main issues that decided the overall outcome of the November 5, 2024, US election. Further analysis of exit poll data showed that the economy dominated the realm. The discontent of the working Latinos and Black males and the loyal MAGA (Make America Great Again) supporters made Trump...
Heavy metals: a policy blind spot
BANGLADESH with its fertile land and abundant water resources has agriculture and aquaculture at the heart of its economy, providing sustenance for its 170 million citizens and livelihood for millions of farmers and fishers. Yet, a silent crisis threatens the vital sectors: heavy metal pollution. This growing threat poses significant risks to public health...
Bangladesh taking steps to root out money laundering: finance adviser
Finance adviser Salehuddin Ahmed on Saturday said that arrangements were being made by the interim government to prevent money laundering in the future...
Immigrants and US economy
DONALD Trump鈥檚 win gives him the chance to shape policies that impact every American. Trump has had a restrictive stance on immigration, focusing on controlling borders and...
China consumer prices rise at slower rate in October
China鈥檚 consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world鈥檚 number two聽economy.
Higher remittance makes聽only difference
The higher inflow of remittance on the back of a slim export growth is the major exception amid deterioration of other major economic indicators during the first quarter of the current financial year...
Nvidia replaces Intel to join Dow Jones Industrial Average
Chip giant Nvidia will join the Dow Jones Industrial Average, the iconic Wall Street index announced Friday, underscoring the importance of artificial intelligence in the US聽economy...
Japan economy under stress after election
Political uncertainty after Japan鈥檚 election shock risks slowing economic reforms, pushing up government spending and even holding up the Bank of Japan鈥檚 exit from its outlier monetary policy, economists said...
Eurozone economy grows faster than expected
The eurozone聽economy聽grew more than expected in the third quarter, official data showed Wednesday,聽thanks to Germany which defied expectations and dodged a recession...
Rational approach includes provincial council polls
THE government is being very rational in its actions whether in dealing with the economy, the travel advisories or the reconciliation process, and is reaping the rewards. Its victory at the local council election in Elpitiya is an indication that its popularity after a month in power is continuing and that it is not confined to president Anura Kumara Dissanayake...
MCCI for taking decisive steps to address economic fallout
The Metropolitan Chamber of Commerce and Industry, Dhaka has laid emphasis on taking some decisive measures to address economic fallout...
Economic situation to determine reforms: dialogue
The head of the committee constituted for preparing the 'White Paper on the State of Bangladesh Economy', Debapriya Bhattacharya, on Saturday said that the economic condition of the country would determine the pace and the extent of the reforms...
China to hold key meeting next month as markets await stimulus details
Chinese leaders will convene a key political meeting early next month, state media reported Friday, as observers watch for more details on a stimulus plan to support the country鈥檚 wavering economy...