Bangladesh economy
Rein in tax exemptions
Known knowns -- is what best sums up the prognosis of the visiting International Monetary Fund mission so far as it looks to thrash out the conditions for the prospective $4.5 billion loan.
31 October 2022, 02:00 AM
30pc people facing food scarcity
Around 30 percent people in Bangladesh are facing food scarcity though the country’s economy made a recovery from the pandemic-induced shocks, says a World Bank survey.
27 October 2022, 02:00 AM
Current account balance: Deficit to remain high till 2027
Bangladesh will continue to see high deficit in its current account balance till 2027, predicts the International Monetary Fund.
26 October 2022, 02:00 AM
Basic digital skills sought in 9 out of 10 jobseekers
Employers in Bangladesh required nine out of the last 10 jobseekers they hired in the past five years to possess at least basic digital literacy and skills, found an Asian Development Bank (ADB) and LinkedIn survey.
9 October 2022, 02:50 AM
Knitwear continues dominance in export
The knitwear segment has retained its position as the country’s biggest export earner in the readymade garment industry and among all the sectors of Bangladesh.
9 October 2022, 02:10 AM
Govt to ask IMF for 4.5b loan assistance
A Bangladesh delegation will discuss a $4.5 billion loan with International Monetary Fund officials in Washington next week.
8 October 2022, 02:15 AM
Bangladesh–an oasis of growth
Bangladesh is currently weathering a period of heightened external pressure and economic headwinds like it has done since the outbreak of the coronavirus pandemic and kept growing, said a top official of a multinational bank.
4 October 2022, 03:20 AM
How can Bangladesh turn on its ‘brain gain’?
Bangladesh is currently suffering from an acute shortage of skilled workers and managers.
3 October 2022, 13:00 PM
July trade deficit far below FY22’s monthly average
Bangladesh’s trade deficit widened by 46.4 per cent year-on-year to $1.98 billion in July, but it was far below than the monthly average recorded in the last fiscal year, an encouraging sign for the economy.
5 September 2022, 02:15 AM
Govt may subsidise diesel for farmers: Agriculture Minister
Like fertiliser, the government would consider giving subsidies to farmers for diesel, Agriculture Minister Muhammad Abdur Razzaque said today.
1 September 2022, 11:41 AM
“AL rescued Bangladesh from Sri Lanka-like situation during BNP rule”
Prime Minister Sheikh Hasina today (August 30, 2022) expressed her firm belief that Bangladesh will never plunge into a Sri Lanka-like situation, rather the country will continue to move ahead overcoming all global challenges.
30 August 2022, 10:44 AM
Bangladesh economy: Not in crisis but under stress
Bangladesh’s economy is experiencing stress because of the pressure on the foreign exchange reserves, but the situation is not as alarming as many think, said top brass in the financial sector yesterday.
27 August 2022, 18:00 PM
Why not remove the cap on lending interest rate?
People’s purchasing power is a key indicator of a country’s economic well-being, which gets eroded by high inflation.
21 August 2022, 14:00 PM
Bangladesh planning to buy fuel from Russia
Bangladesh is planning to buy fuel oil from Russia.
16 August 2022, 07:23 AM
Bangladeshi people living in heaven amid global recession: Foreign Minister
"The people of Bangladesh are in heaven compared to other countries amid the global recession," said Foreign Minister Dr AK Abdul Momen today (August 12, 2022).
12 August 2022, 10:55 AM
Soft-Landing Bangladesh’s Economy
Like much of the world, Bangladesh’s economy is facing strong headwinds and turbulence.
10 August 2022, 15:00 PM
July’s economic data: Dark clouds starting to clear
Inflation bucked its runaway trend in July, becoming the third data point this month after remittance and import to provide some relief to a government on its toes about the direction the economy was taking.
4 August 2022, 02:00 AM
The anatomy of macroeconomic challenges in Bangladesh
Despite the macroeconomic success, Bangladesh faces several long-standing challenges.
2 August 2022, 15:00 PM
“Bangladesh, with its challenges, can be a development model for African nations”
Name a nation where 44 percent of people live in extreme poverty, women have an average of 4.5 children, and the per capita income is less than $500? The answer -- Bangladesh around 1990.
29 July 2022, 14:59 PM
A sobering call for austerity
In a rare public call, our prime minister has asked us all to maintain austerity.
8 July 2022, 14:00 PM