Bangladesh economy
US assures Bangladesh of helping expand economic opportunities
Embassy says after US delegation meets foreign adviser
Turning the tide: Critical reforms to correct 15 years of misrule
As Bangladesh enters a new era following the ouster of the Sheikh Hasina-led Awami League government, which ruled over the nation for 15 years and is responsible for countless financial wrongdoings, the need of the hour is to reform the overall system of governance.
Country must be back in business without delay
Amid worker unrest and insecurity in the industrial sector, entrepreneurs and bankers have urged the new administration to focus on rebuilding confidence in the economy.
Attacks on businesses must be prevented
These incidents may have a serious impact on the economy
Major economic indicators showing signs of improvement: MCCI
Imports, remittances and forex reserves are likely to increase, the leading chamber says
Panel will include issues beyond its mandate in white paper: Debapriaya
The panel gets 90 days to prepare and submit the paper
Public institutions must perform better
Govt should overhaul ailing sectors, ensure accountability
Businesses pick up the pieces
Economic activities are finally returning to normal after three weeks of upheaval as both garment and non-garment factories started operations in full swing yesterday, according to industry insiders.
Economists outline top priorities for new finance adviser
The priorities of newly appointed finance adviser Salehuddin Ahmed should be to make key financial institutions functional immediately, control inflation, and present accurate data on exports, imports, GDP and important economic indicators, economists said.
LIVE UPDATE: ‘Make dollar exchange rate free for Bangladesh’
The exchange rate of dollar needs to be freed to make the garment business profitable at this crisis time, said a top leader of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today.
LIVE UPDATE: ‘Complacency responsible for falling forex reserve’
"Complacency has brought us to the current forex reserve situation,” said Salehuddin Ahmed, former governor of the Bangladesh Bank.
PM steps in to ensure smooth food supply
Prime Minister Sheikh Hasina yesterday instructed Bangladesh Bank to intervene if any bank faced a dollar shortage while opening letters of credit for importing food, fertiliser and other agricultural inputs to ensure uninterrupted food supply.
Dollar crisis to go by next June
Bangladesh Bank is anticipating the pressure on the balance of payments will blow over by the end of this fiscal year thanks to hearty assistance from development partners –-- an outlook termed wishful by economists.
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.
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.
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.
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.
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.
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.