Linde, Renata surge, sending Dhaka stocks to two-month high
Stocks in Bangladesh climbed 1.6 percent yesterday, driven by a surge in the prices of some blue-chip companies such as Renata PLC and Linde Bangladesh.
5m ago
Govt not using full strength to restore macroeconomic stability
The government is not moving at full throttle in bringing discipline to the banking sector, implementing reforms wholeheartedly, taking measures against syndication, and bringing money launderers under the rule of law, said a top economist.
5m ago
Inflation battle must be at the centre of budget
Fighting raging inflation and putting the economy back on track have not been taken seriously as evidenced from the government’s delayed response, which set the scene for one of the worst economic crises in its history and an unprecedented prolonged period of higher consumer prices, said an economist.
5m ago
It’s time to correct fiscal stance
The government has not addressed the stability issue through its fiscal policy for two years in a row although the economy is in turmoil owing to both external and internal pressures. A noted economist, however, thinks it can bring the situation under better control through the budget in the next fiscal year beginning on July 1.
5m ago
FDI slips but stays above $3b
Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
6m ago
Bangladesh lowers cash incentive for exporters to prepare for post-LDC era
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
10m ago
No time to waste as new finance minister inherits wobbly economy
The economy is losing momentum. Inflation remains stubborn. Bangladesh is facing deterioration in external buffers, with official reserves falling to $20.18 billion as of January 10, less than half their historic peak in 2021. The currency shock is lingering.
10m ago
June 2, 2021
FY21 National Budget: A missed opportunity
The government in last year’s budget gave priority to several crucial sectors to protect people and their livelihoods amid the pandemic, but it could not achieve the desired results due to the Covid second wave and hurdles in implementing its initiatives.
May 25, 2021
HSBC opens up a world of opportunities during pandemic
HSBC Bangladesh has stepped up its efforts to support customers to run operations amidst the coronavirus pandemic and connect them with global opportunities using its unrivalled geographical footprint, its top executive said.
May 21, 2021
Scope To Legalise Black Money Indefinitely: Kamal’s plan draws flak from economists
Economists yesterday lambasted Finance Minister AHM Mustafa Kamal for his plan to allow the black money whitening opportunity as long as undeclared liquidity exists in the country.
May 12, 2021
Put fight against Covid at the heart of budget: economists
Rapid coronavirus vaccination, upgrading the creaking health system and expanding social protection should be the focus of the upcoming budget to bring the crisis under control, economists said.
April 14, 2021
Another bitter Baishakh for sweet shops
Pahela Baishakh, the first day of the Bangla calendar, is the busiest day for sweet makers in Bangladesh as customers throng outlets to buy delicious items.
March 29, 2021
WB now doubles GDP growth forecast
The World Bank has more than doubled its gross domestic product (GDP) growth prediction for Bangladesh for the current fiscal year as the economy shows signs of recovery.
March 26, 2021
50 years of Bangladesh: From empty coffers to hope, cheers
The state coffer was empty after Bangladesh’s nine-month-long Liberation War. Poverty, hunger, natural disasters, famine, crumbling infrastructure, political turmoil, and coups in the first decade of Bangladesh’sinception did not paint a picture that would radiate hope.
March 26, 2021
Daunting challenges ahead
Bangladesh needs to improve infrastructure and standard of education, equip the youth population with market-oriented skills and uproot corruption to become a high-income country, experts say.
March 10, 2021
Time to invest in Bangladesh as economy is set to grow faster
Bangladesh has a golden opportunity to strengthen its economic ties with neighbouring countries and forge greater integration with regional and sub-regional blocs to boost exports and accelerate economic growth, according to a top banker.
March 8, 2021
From ruin to revival
A year ago on this day the government confirmed the maiden positive case of the coronavirus disease in Bangladesh, roughly three months after its outbreak in China.
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