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...
Tags : Economy
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...
UK economy stalls, dealing blow to new govt
Britain鈥檚聽economy聽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...
IFAD reassures support to transform rural economy of Bangladesh
The International Fund for Agricultural Development has reassured its continuous support in transforming Bangladesh鈥檚 rural economy....
Oil prices, global stocks retreat as China weighs on sentiment
Oil prices slumped more than three per cent and stock markets retreated Tuesday as China鈥檚 struggling聽economy聽weighed on sentiment...
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...
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...
