Pvt sector credit growth only 6.52pc in July
Private sector credit growth in Bangladesh remained stuck at historically low levels in July聽2025, highlighting the strain on both the banking sector and the broader economy...
Tags : growth
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.
JD.com posts 22.4pc sales growth in Q2
JD.com saw a jump in its second-quarter revenue Thursday, as the Chinese retail giant saw increasing user traffic despite fierce competition in the country鈥檚 e-commerce and food delivery sectors...
Fixing fault lines
THE non-life insurance sector in Bangladesh faces a number of structural limitations that continue to hinder its growth. One pressing concern is the practice of offering additional paybacks over the prescribed commission rates, even as insurance premium rates in the country remain significantly higher compared to overseas markets. This imbalance affects...
NRB Bank celebrates 12th anniv
NRB Bank PLC has completed its 12th year of operations with accelerating growth through digital innovation, said a press release...
IMF lifts 2025 growth forecast
The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump鈥檚 sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats...
Spanish growth picks up despite US tariff uncertainty
Spain鈥檚 economic growth accelerated in the second quarter, driven by a rise in exports despite trade tensions sparked by rising US tariffs, preliminary data showed Tuesday...
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...
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...
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鈥檚 economy...
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...
Community Bank achieves strong deposit growth
Community Bank Bangladesh has emerged as a better performer amid various challenges in the country鈥檚 banking sector, which is currently grappling with rising loan defaults, liquidity stress, and governance concerns...
IEA sees anaemic global oil demand growth amid tariff turmoil
Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff threats suffering drops, the IEA said Friday...
GDP growth notches聽 up 4.86pc during Jan-March of FY25
Bangladesh鈥檚 economy grew by 4.86 per cent during the January to March quarter of the fiscal year 2025, buoyed by a rebound in industry and services...
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...
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...
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...
PKSF unveils five-year plan for inclusive growth
The Palli Karma-Sahayak Foundation has unveiled a draft Strategic Plan for 2025-2030 period, aimed at accelerating inclusive growth in Bangladesh...
Bangladesh鈥檚 growth slows, jobs lost: WB
Bangladesh鈥檚 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...
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...
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鈥檚 wide-ranging tariffs strained ties and weighed on economic outlooks...
Revenue, investment, inflation targets arduous in FY26 budget
Businesses and experts have said that the proposed national budget for the 2025-26 financial year was overly ambitious, particularly regarding revenue targets, private investment, inflation control and GDP growth...
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...
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...
BBS projects 3.9pc GDP growth, $2,820 per capita income in FY25
Bangladesh's gross domestic product will grow by 3.92 per cent in the outgoing financial year 2024-25, raising the per capita income to $2,820...
Road map sought to turn leather sector as next pillar of export
Speakers at a seminar today put emphasis on creating an integrated roadmap to turn the leather sector as the next pillar of export growth...
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鈥� low in the previous month, according to available data...
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...
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...
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鈥�25...