Bank deposit growth hits 8pc in January
Deposits in the country鈥檚 banking sector grew by more than 8 per cent in January, marking a rebound after four months of slower growth...
Tags : growth
Agri product exports grow 10.25pc
The export of the agricultural products witnessed a positive growth of 10.25 per cent to $742.47 million year-on-year in the July-February period of the current financial year...
Pvt sector credit growth plunges
Private sector credit growth in Bangladesh fell sharply to 7.15 per cent in January, deepening challenges in the banking sector and the broader economy...
Alibaba posts 8pc quarterly sales growth
Chinese technology and e-commerce giant Alibaba on Thursday reported robust sales growth in its latest quarter, beating analyst expectations as Beijing looks to revive faith in the private sector...
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...
GDP growth drops to 4.2pc in FY24
The country鈥檚 gross domestic product growth for the 2023-2024 financial year was 4.22 per cent, according to the Bangladesh Bureau of Statistics鈥� update released on Monday...
Current business policy discourages investment, industrial growth: Hatem
Bangladesh Knitwear Manufacturers and Exporters Association president Mohammad Hatem urged the interim government to implement policies discussing with business people and other stakeholders to attract more investment, grow industries, and generate more employment...
BoE slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK...
Growth vs justice
BANGLADESH has seen impressive economic growth in recent decades, with gross domestic product rising at over 6 per cent annually. Landmark projects like the padma bridge and metro rail reflect the nation鈥檚 ambition for modernisation, offering better connectivity and economic opportunities. It has been suggested that 5 per cent of gross domestic...
Govt should review policies to up manufacturing sector growth
THE growth of the number of economic units in the services sector by 56 per cent, to 10.83 million units in 2024 from about 6.91 million units in 2013, as the preliminary findings of the Economic Census 2024 that the Bureau of Statistics made public on January 29 show, is encouraging. But what remains worrisome is that the growth in the number of...
France, Germany stall eurozone growth in Q4
Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability...
Service sector unit growth higher than manufacturing
The country鈥檚 service sector-based units grew more than manufacturing units over the past one decade that was also marked by a decrease in female employment...
Reforms for quality education
BANGLADESH is at a pivotal moment in its pursuit of sustainable development and equitable growth. With a burgeoning youth population and a steadily expanding economy, the nation鈥檚 potential to establish itself as a significant player on the global stage is immense. Yet, this potential remains constrained by persistent challenges in the education sector...
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.
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...