Chinese economic growth among slowest in decades
China posted one of its slowest rates of economic growth in decades Friday, as leaders nervously eye a potential trade standoff with incoming US president Donald Trump.
Tags : Growth
Pvt sector credit growth plunges to 7.66pc
Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...
Pvt sector credit growth hits 41-month low
Private sector credit growth in Bangladesh dropped in October to 8.30 per cent, the lowest in 41 months, reflecting deepening challenges in the banking sector and the broader economy...
PMI grows on agri, manufacturing, service sectors
The Bangladesh Purchasing Managers鈥� Index increased by 6.5 points to surpass 60 points in November, indicating economic growth for the second consecutive month after a period of contraction over the previous three months, according to a report.
India GDP growth slows to 5.4pc in Sept quarter
India鈥檚 economic growth slowed to 5.4 per cent year-on-year in the September quarter, official data showed Friday, a significant decline from the 6.7 per cent during the previous quarter.
Pvt sector credit growth hits three-year low
Private sector credit growth in Bangladesh fell sharply in September, reaching a three-year low amid turmoil in the banking sector and broader economic challenges.
Hong Kong economic growth misses forecast in Q3
Hong Kong鈥檚 economic growth in the third quarter missed analyst estimates as private consumption weakened, according to government figures released Thursday.
US hiring slowest since Biden took office, on strikes, hurricanes
US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot at the end of a razor-edge presidential election campaign where...
Functional capital market for economic stability
SINCE 2000, Bangladesh has achieved an impressive average economic growth rate of 5.47 per cent, outperforming many other developing countries. This growth trajectory remained stable until the global disruption caused by the pandemic Covid in 2020. However, questions persist regarding the sustainability of this growth. Will it continue at this...
IMF predicts slightly slower global growth in 2024, 2025
Global growth is expected to ease slightly to 3.2 per cent this year and remain at that level in 2025, the IMF announced Tuesday, while warning that the stable figures masked...
China posts slowest growth in over a year as property woes drag
China posted聽its slowest growth in a year and a half on Friday, underlining the deep economic woes the country faces as its central bank launched a new bid to boost markets and...
Chinese export growth slows sharply in Sept
China鈥檚 export growth slowed sharply in September while imports remained sluggish, data showed Monday, as authorities wait for recent stimulus measures to perk up weak domestic demand...
Pvt sector credit growth in Bangladesh drops
The private sector credit growth in the country dropped in August compared with that in the previous month amid turmoil in the banking sector and business environment...
Bangladesh鈥檚 economic growth to decrease to 4 per cent in FY25: World Bank
The World Bank predicted that economic growth in Bangladesh would decline to 4 per cent in the current financial year due to recent flood and uncertainty in the production sector.
Cultural growth as important as economic growth
CULTURAL practice, considered pivotal in building an inclusive society and youth development, has largely been neglected since the fall of the authoritarian Awami League regime as the sector has run into trouble with most publicly funded cultural institutes having closed or been largely inactive. The Shilpala Academy, considered the centre of cultural...
ADB lowers Bangladesh's growth forecast to 5.1pc
The Asian Development Bank has slashed its economic growth forecast for Bangladesh to 5.1 per cent for the fiscal year 2024-25, citing political unrest, supply chain disruptions, and recent severe floods...
OECD for higher property taxes to fight debt
The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher property and environmental taxes to combat soaring debt in many countries...
India growth slows to 6.7pc on lower consumer spending
India鈥檚 economic growth slowed to 6.7 per cent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending...
Russian economic growth dips in Q2 as inflation rises
The pace of Russia鈥檚 economic growth slowed in the second quarter of 2024, official data showed Friday, amid concerns over stubborn inflation and warnings of 鈥榦verheating鈥�...
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...
BRAC Bank posts deposit, revenue growth in H1
BRAC Bank鈥檚 consolidated net profit after-tax (NPAT) in the first six months of 2024 grew by 77 per cent year-on -year to Tk聽591 crore supported by deposit and revenue growth, according to press release...
US economy beats growth expectations in Q2
US economic growth blew past expectations in the second quarter, boosted by consumer spending and inventory building despite high interest rates,聽government data...
IMF maintains 2024 global growth forecast, warns of inflation risk
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead...
4 new factories get LEED Platinum certification
Four new factories in Bangladesh have recently been certified as LEED Platinum, marking a significant achievement in the country鈥檚 sustainable industrial growth over the years...
Pvt sector credit growth rises slightly in May
The private sector credit growth in the country increased slightly in May compared with that in the previous month...
Bangladesh needs green growth to become upper middle-income country by 2031: WB
Bangladesh will need green growth to achieve its vision of upper middle-income country by 2031, which can be achieved through institutional strengthening, regulatory reforms, climate responsive public and private finance and enabling policy framework, says a new World Bank report launched on Thursday...
Tax regime reform, long-term policies needed to drive growth
Business leaders on Monday said that structural changes in the revenue sector and predictable long-term policies were imperative to ensure both local and foreign investments as well as to drive economic growth for addressing the ongoing economic challenges in the country...
Will the budget attain targeted goals?
THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024鈥�2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...
Pvt sector credit growth hits 5-month low
The private sector credit growth in the country plunged to a five-month low in April due to liquidity crisis and rising interest rate...
IMF lifts China growth forecast but warns on industrial policy
The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing鈥檚 industrial policy risks a 鈥榤isallocation鈥� of resources and could harm trade...