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...
Tags : Economy
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...
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 鈥� accounting for less than 0.5 per cent of the world total 鈥� the country bears a disproportionate burden of...
Denmark to support sustainable growth
Danish ambassador to Bangladesh Christian Brix Moller has said that Denmark was committed to supporting Bangladesh鈥檚 sustainable economic growth, particularly through partnerships in...
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鈥檚...
China consumer prices rise at slower rate in September
China鈥檚 consumer inflation rate slowed in September, official data showed Sunday, in a sign that demand remains fragile in the world鈥檚 number two economy...
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...
JPMorgan Chase profits top estimates, bank sees 鈥榬esilient鈥� US economy
JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession...
UK economy rebounds in Aug in boost to new govt
Britain鈥檚 economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.
China opens $71b 鈥榮wap facility鈥� to boost markets
China鈥檚 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鈥檚 flagging聽economy...
Economy still in contraction despite progress: PMI report
The Bangladesh Purchasing Managers鈥� Index in September increased by 6.2 points from the previous month to 49.7 suggesting that the economy is still in the contraction mode...
Jewellery depicts economy, culture of an era: discussion
Speakers at a seminar on Monday in Dhaka said that jewellery depicted culture, economy and skills of artisans of an era.
NGOs want prevention of corruption
The chief of the committee on the preparation for 鈥榃hite Paper on the State of Bangladesh Economy鈥�, Debapriya Bhattacharya, said on Monday that the non-governmental organisations wanted...
Bangladesh economy to rebound over coming year, HSBC says
Macroeconomic adjustments undertaken in recent months and robust economic fundamentals will pave the way for growth to rebound Bangladesh鈥檚 economy over the coming year, observed...
Vietnam economy grows by聽 7.4pc in Q3
Vietnam鈥檚聽economy聽grew by 7.4 per cent in the third quarter, government figures showed Sunday, despite severe economic damage caused by deadly Typhoon Yagi...
German govt expects another recession in 2024: report
The German government has slashed its forecast and now expects Europe鈥檚 largest聽economy聽to shrink for a second year running as hopes for a consumption-driven recovery fizzle out, media reported Sunday...
Participation of all needed for changing society: Debapriya
The chief of the committee on the preparation for 鈥榃hite Paper on the State of Bangladesh Economy鈥�, Debapriya Bhattacharya said on Saturday that everyone鈥檚 active participation was needed to bring changes in the country for reclaiming civil rights in the society...
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...
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鈥檚 largest聽economy聽just ahead of the November presidential election...
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...
Economy made vulnerable thru reliance on external debt
Reliance on external debts has introduced significant vulnerabilities to the Bangladesh economy, said Syed Yusuf Saadat, a research fellow at the Centre for Policy Dialogue, on Sunday...
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鈥檚 closely contested presidential election...
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...
German economy to shrink again in 2024: experts
Germany鈥檚聽economy聽is expected to shrink slightly in 2024, leading economic institutes said on Thursday, as the traditional manufacturing powerhouse continues to stagnate.
China caps week of 鈥榖azooka鈥� stimulus for ailing economy with rate cut
China on Friday opened up over a hundred billion dollars in cash for its ailing聽economy, capping a week in which its leadership embark on one of their biggest drives in years to kickstart growth.
Adilur seeks Canadian support in technology transfer, investment
Industries adviser Adilur Rahman Khan on Tuesday sought Canadian support in the areas of technology transfer and investment to develop the country鈥檚 economy...
China youth unemployment hits 18.8 per cent
Youth unemployment in China climbed to 18.8 per cent in August, its highest level this year, as the country struggles to boost a flagging economy...
AL regime made projections on weak foundation: Debapriya
Debapriya Bhattacharya, head of the committee for preparing the 鈥榃hite Paper on the State of Bangladesh Economy鈥�, on Tuesday said that the foundations of different projections made by the...
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鈥檚 largest聽economy聽seemed to recede from view...