US GDP growth revised up in Q2
US economic growth was stronger than estimated in the second quarter of the year, government data showed Thursday, but this came in a period where president Donald Trump鈥檚 fresh tariffs distorted trade flows.
Tags : economic growth
Time for govt to act now
THE banking sector has for decades been grappling with persistent challenges that have left it teetering on the edge of credibility. Despite being a vital pillar of the economic growth, the sector remains marred by corruption, poor governance, political interference, and a weak regulatory framework. As a result, public trust has eroded significantly and urgent reform is necessary to prevent a deepening crisis...
Korean envoy stresses quality economic growth
Korean Ambassador to Bangladesh Park Young Sik today urged Bangladesh to improve its business climate and focus on quality-driven growth, as the country moves toward graduating from Least Developed Country status and seeks to attract more foreign investment...
Lost youth dividend
BANGLADESH, home to more than 170 million people, is often lauded for its steady economic growth, social development and demographic dividend. Yet, buried beneath this progress lies a silent but mounting crisis 鈥� the growing number of youth who are Not in Employment, Education, or Training (NEET). Representing a significant portion of the population, these...
SRI LANKA: Filling in the vacuum caused by global political changes
THE government has given emphasis to finding new ways of boosting Sri Lanka鈥檚 economic growth. Among these would be the need to improve the country鈥檚 utilisation of digital technologies. The government has taken pride in the number of Sri Lankan experts it has mobilised to this cause. Dr Hans Wijayasuriya, who made Dialog a household name in Sri Lanka...
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.
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.
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.
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...
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�...
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...
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...