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.
Continued borrowing from central bank to create inflationary pressure: CPD
The think-tank says in a media briefing on Bangladesh economy
Assess gravity of current problems first
The government is yet to take any comprehensive corrective measures to tackle macroeconomic challenges as it has not properly assessed the gravity of the situation in the current fiscal year, an economist said.
Private investment falls for second time in 3 years
The private investment-to-GDP ratio in Bangladesh declined in the current fiscal year owing to a lower confidence among investors amid the persisting dollar crisis and global uncertainty, higher inflation and a fall in demand for goods in international markets.
We must curb rising inequality
Reforms following the IMF prescription should not harm disadvantaged groups
Can falling imports alone ease stress in the economy?
Bangladesh’s trade gap and current account deficit have narrowed significantly in recent months but the positive developments might not prove enough to bring back stability to the economy.
What Bangladesh's new budget should offer to common people
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
GDP growth slows to 6.03% in FY23
The economy is estimated to have expanded at a slower-than-expected pace in 2022-23, said the Bangladesh Bureau of Statistics (BBS) yesterday, a figure that analysts describe as good in view of elevated inflation, slowing exports and remittances and the ongoing pressure on the country’s foreign exchange reserves.
Financial account deficit goes past $2b
The deficit in Bangladesh’s financial account widened further in the first nine months of the ongoing fiscal year, an indication that the current instability in the foreign exchange market will continue in the coming months.
Bad loans pile up at state banks, eating away profits
Four state-run commercial banks registered 29 per cent year-on-year spike in bad loans in 2022 as the central bank’s relaxed classification rules introduced in the wake of the Covid-19 outbreak ended and their inefficient lending persisted.
Importance of business ethics
Businesses are set up to make a profit. We all understand that. But to what extent that profit would be made?