Brazil economy posts 1.4pc growth in Q2
Brazil鈥檚聽economy, the largest in Latin America, continued to pick up pace in the second quarter, beating market expectations with 1.4 per cent growth, according to data released Tuesday...
Tags : Economy
White Paper committee to review foreign loan deals: Debapriya
The Committee on the preparation for 鈥榃hite Paper on the State of Bangladesh Economy鈥� would look into the loan agreements signed over the years, especially in the energy sector...
German inflation falls below 2pc for first time since 2021
German inflation fell to its lowest level in more than three years in August, official data showed Thursday, strengthening the case for another interest rate cut by the European Central Bank next month...
Swedish economy shrinks in Q2
The Swedish聽economy聽shrank in the second quarter as household spending and investment fell, official data showed Thursday...
Lanka realities need to change for reconciliation
THE question of the economy, the economic development path to be followed and who is best suited to lead the country at this time are the most discussed issues now. But another important issue that has contributed to the economic and other problems the country faces and which has proved difficult to resolve will soon intrude on the discussion...
White Paper to enlighten reforms path: Debapriya
The probable report of White Paper Committee on the state of the country鈥檚 economy would enlighten the reforms pathway of the interim government and thus help to avert the deviations of the economy occurred over the years, said economist Debapriya Bhattacharya...
Full committee announced
The interim government on Wednesday picked 11 members for the committee that would prepare a white paper on the economy plagued by corruption, misappropriation of bank funds, capital flights and the market syndicate under the immediate past political regime ousted early this month...
Economy remained strained in Apr-June of FY24: MCCI
Bangladesh鈥檚 economy faced significant challenges in the fourth quarter of the 2023-24 financial year, with issues such as inflation, shortfall in revenue collection, slow public expenditure, depreciation of the taka and declining foreign exchange reserves continuing to exert pressure, according to the Metropolitan Chamber of Commerce and Industry, Dhaka鈥檚 economic review...
CA authorises panel to draft White Paper on Bangladesh鈥檚 economy in 90 days
Chief Adviser Professor Muhammad Yunus has authorized the formation of a ten-member panel led by Dr Debapriya Bhattacharya to prepare a white paper on the state of Bangladesh鈥檚 economy....
No time to pay attention to AL economic plans: adviser
Planning adviser Wahiduddin Mahmud on Monday said that the interim government had no time to give attention to plans and strategic papers of the just ousted political regime...
German business morale falls again in August
German business confidence fell further in August, a closely-watched survey showed Monday, as Europe鈥檚 biggest聽economy聽struggles to emerge from a weak period...
10 members to be recruited: committee chief
Economist Debapriya Bhattacharya on Sunday said that he selected 10 members to be included in white paper preparation committee on country鈥檚 economy...
Bangladesh lags behind in mobile economy growth: GSMA
The mobile economy in the Asia-Pacific region is experiencing rapid growth, but Bangladesh is struggling to keep pace.
Australia fears Aus$3b hit from China slowdown
Australia warned Monday that the 鈥榮oftness鈥� of China鈥檚聽economy聽and tumbling iron ore prices could leave a multibillion-dollar hole in the nation鈥檚 budget...
UK growth slows slightly in Q2
Britain鈥檚聽economy聽grew 0.6 per cent in the April-June period, a slight slowdown compared with the first three months of the year, official data showed on Thursday.聽
Growth rebounds in welcome news for Japan鈥檚 next PM
Japan鈥檚聽economy聽has rebounded, government data showed Thursday, in welcome news for its next prime minister following Fumio Kishida鈥檚 decision to quit.
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...
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...