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Tags : growth


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IMF lifts 2025 growth forecast

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump’s sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats...

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Strong banks see massive deposit growth

Several well-performing banks, led by BRAC Bank and City Bank, saw strong deposit growth in the year ending May 2025 as depositors shifted funds away from weaker institutions amid fear of collapse and loss of trust in bank governance...

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Extreme heat threatens child growth

BANGLADESH has made significant progress in reducing childhood stunting over the past decade, thanks to improvements in healthcare, nutrition and public health initiatives. However, a new and silent threat is emerging that could jeopardise these hard-won gains: climate change. Recent research has highlighted a troubling link between extreme heat and stunted...

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Pvt sector credit growth hits 22-year low

Private sector credit growth in Bangladesh fell to record 6.40 per cent in June 2025, the lowest in 22 years, reflecting deepening stress in the country’s economy...

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Reliance profits surge on strong consumer show

Indian conglomerate Reliance Industries reported a jump in June quarter profits on Friday, helped by a large one-off gain and strong growth in its consumer-facing divisions...

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Community Bank achieves strong deposit growth

Community Bank Bangladesh has emerged as a better performer amid various challenges in the country’s banking sector, which is currently grappling with rising loan defaults, liquidity stress, and governance concerns...

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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...

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Pvt sector credit growth dips below 7pc in May

Private sector credit growth in Bangladesh slowed to 6.95 per cent in May 2025, down from 7.5 per cent in April, reflecting weakening business confidence and tighter lending conditions, according to Bangladesh Bank data...

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Beyond growth: rise of incivility

IN THE quiet town of my youth, life moved to a rhythm that felt almost sacred. We, the children, rode our bicycles with a joyful abandon, yet a silent understanding governed our movements: we dismounted when elders passed. It was a gesture so small, so ingrained, that it barely registered as a conscious act, yet it carried the unspoken weight of generations...

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Bangladesh’s growth slows, jobs lost: WB

Bangladesh’s economy is under growing pressure as GDP growth slows, foreign investment declines and unemployment rises, raising concerns among economists and industry insiders that the economy could face long-term instability without urgent reforms...

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Flood relief efforts to raise expenditure by 2.93pc: govt

A medium to large-scale flood is likely to occur in the 2025-26 financial year, which will begin on July 1, and erode 0.48 percentage points of the gross domestic product growth in the year, according to the finance ministry...

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World Bank cuts growth forecast on trade tumult

The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty, as US president Donald Trump’s wide-ranging tariffs strained ties and weighed on economic outlooks...

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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...

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BRAC Bank achieves 73pc growth

BRAC Bank achieved a 73 per cent year-on-year growth in its Net Profit After-Tax on a consolidated basis for 2024 amid challenging market conditions...

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Pvt sector credit growth rises to 7.57pc

The private sector credit growth in Bangladesh increased to 7.57 per cent in March after hitting 21 years’ low in the previous month, according to available data...

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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 — the growing number of youth who are Not in Employment, Education, or Training (NEET). Representing a significant portion of the population, these...

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A sign that authorities should not overlook

A persistent decline in private-sector credit growth is concerning. A sluggish private sector credit growth has a direct negative impact on industrial expansion, new investment and employment opportunities. The private sector credit growth fell to 6.82 per cent in February, hitting its lowest in the past two decades, according to available Bangladesh Bank data. A...

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GDP bounces back, inflation unchanged

The overall rate of inflation remained almost unchanged as it persisted over 9 per cent in March, while the gross domestic product growth bounced back in the second quarter of the current financial year of 2024–25...

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Pvt sector credit growth slumps to 21-year low

The private sector credit growth in Bangladesh fell to 6.82 per cent in February, hitting its lowest in 21 years, according to available data. The Bangladesh Bank data showed that the growth was the lowest since February 2004 when the rate was...

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Real test of economic progress

BETWEEN the financial years of 2010 and 2023, Bangladesh recorded an average gross domestic product growth rate of 6.4 per cent, a figure that stood out in comparison to many other lower-middle-income countries. However, recent revelations have cast doubt on the accuracy of this performance. A white paper released in February 2024 recalibrated the actual average...

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OECD lowers global growth forecasts

The Organisation for Economic Co-operation and Development on Monday lowered its projections for global growth in 2025 due to ‘trade barriers’ and ‘uncertainty’...

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Financial literacy: towards inclusive growth

FINANCIAL literacy day was observed across the country for the third time on March 3 this year. In 2022, Bangladesh Bank issued a circular declaring the first Monday of March as this day to be observed annually. The same circular also introduced the financial literacy guidelines for banks and financial institutions, aimed at strengthening financial inclusion and expanding...