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Tags : Economy


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Path forward in global climate economy

AS BANGLADESH grapples with the devastating effects of climate change, the need for innovative financial mechanisms to bolster its resilience is more pressing than ever. Despite its relatively low contribution to global greenhouse gas emissions — accounting for less than 0.5 per cent of the world total — the country bears a disproportionate burden of...

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Denmark to support sustainable growth

Danish ambassador to Bangladesh Christian Brix Moller has said that Denmark was committed to supporting Bangladesh’s sustainable economic growth, particularly through partnerships in...

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Golden Goose through critical lens

In the 1960s, a war-torn nation struggled to recover from the devastating effects of conflict, scaled-down to leftovers of its former self. It began its development journey focusing on labour-intensive manufacturing such as textiles, which eventually opened the door to more advanced industries. Fast forward to 2024 and this country is now one of the world’s...

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China tees up fresh spending to boost ailing economy

China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support packages in years...

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China opens $71b ‘swap facility’ to boost markets

China’s central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country’s flagging economy...

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NGOs want prevention of corruption

The chief of the committee on the preparation for ‘White Paper on the State of Bangladesh Economy’, Debapriya Bhattacharya, said on Monday that the non-governmental organisations wanted...

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Vietnam economy grows by  7.4pc in Q3

Vietnam’s economy grew by 7.4 per cent in the third quarter, government figures showed Sunday, despite severe economic damage caused by deadly Typhoon Yagi...

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German govt expects another recession in 2024: report

The German government has slashed its forecast and now expects Europe’s largest economy to shrink for a second year running as hopes for a consumption-driven recovery fizzle out, media reported Sunday...

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Participation of all needed for changing society: Debapriya

The chief of the committee on the preparation for ‘White Paper on the State of Bangladesh Economy’, Debapriya Bhattacharya said on Saturday that everyone’s active participation was needed to bring changes in the country for reclaiming civil rights in the society...

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Bangladesh: yesterday and tomorrow

BANGLADESH became an independent nation-state in 1971. In its 53 years of Journey, Bangladesh has many success stories to tell, from being considered a bottomless basket to an emerging economy. Globalisation brought enormous opportunities for Bangladesh. Our economic successes have been pivoted on two footsolders: 4.22 million garment...

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US dockworkers launch mass strike month before election

Tens of thousands of workers at major ports on the US East and Gulf Coasts went on strike Tuesday in action that could drag on the world’s largest economy just ahead of the November presidential election...

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Formation of interim govt timely: IMF

The International Monetary Fund on Monday said that the timely formation of an interim government in Bangladesh had helped stabilise the political and security conditions, fostering a gradual return to normalcy in the economy...

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US ports brace for potential dockworkers strike

Tens of thousands of US dockworkers plan to strike next week if there is no breakthrough on contract talks, just a month before November’s closely contested presidential election...

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Policy rate hike for long to hit pvt sector investment: DCCI

Dhaka Chamber of Commerce and Industry president Ashraf Ahmed on Saturday said that the policy of higher interest rates and tighter liquidity management adopted by the government to control inflation should be reversed after December, otherwise private sector investments would decline, hindering new job creation...

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German economy to shrink again in 2024: experts

Germany’s economy is expected to shrink slightly in 2024, leading economic institutes said on Thursday, as the traditional manufacturing powerhouse continues to stagnate.

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German investor morale falls steeply in Sept

German investor confidence fell significantly more than expected in September, a survey showed Tuesday, as a hoped-for recovery in Europe’s largest economy seemed to recede from view...

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UK economy stalls, dealing blow to new govt

Britain’s economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list...

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