Economy
Opportunity economy: An inclusive economic system for new Bangladesh
The Opportunity Economy (OE) is not only an inclusive economic system, but a new paradigm.
Domestic factors account for 74% of inflation: Bangladesh Bank
Persistent inflation driven by high commodity, energy prices and currency depreciation
Inflation may moderate but remain elevated: WB
The WB said Bangladesh's economy is expected to grow by only 4 percent due to the uncertain impact of political protests and the ongoing transition in government
World Tourism Day 2024 / Peace-sensitive tourism can transform Bangladesh
By embracing peace-sensitive tourism, Bangladesh can develop its tourism sector as a force for good, fostering peace and equity for all
The critical challenges facing the economy
How did the elite and the politicians manage to evade the rule of law and siphon billions out of the country?
Central bank not blocking any business accounts: Governor
BB is not blocking or interfering with the accounts of any businesses, regardless of their political affiliations, said BB Governor Ahsan H Mansur
Inflation eases to 10.49% in August
Inflation declined to 10.49 percent in August from 11.66 percent in July, according to data released today by the Bangladesh Bureau of Statistics
Bangladesh’s growth story lacks justice and humanity
The problems are economic, social and political in nature.
Politically-motivated lending must stop
Despite repeated warnings, no effective measures have been taken to rectify the poor governance.
Curfew and violence slowly bleeding the economy
Resulting damage could have severe long-term impacts
What the budget means for Bangladesh’s trade policy direction
It is important to recognise that trade has been the handmaiden of Bangladesh’s development.
Time to exploit the potential of local partners and products
It is important to encourage all development players to invest money and energy to maximise their contributions towards the GDP growth.
Bring reforms in revenue generation, exchange rate
Reforms need to be brought about over revenue generation, currency exchange rate, banking and public expenditure, the four areas vital to the country’s economic performance, through the upcoming national budget, suggested an economist yesterday.
Traffic congestion costs Old Dhaka its title as key trading hub
Traffic congestion inflicted by unplanned urbanisation and expansion reduces the country's overall GDP by 2.9 percent.
The poor’s debt burden gets heavier
The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.
Firms becoming more transparent in financial statements
The use of the document verification system (DVS) has increased in Bangladesh in the last couple of years, plugging the scope for unruly firms to submit forged audit reports. The number of audit reports signed by accountants by securing codes from the DVS rose by nearly 2 percent year-on-year to 38,316 in 2021-22 compared to a year prior, data from the Institute of Chartered Accountants of Bangladesh (ICAB) showed.
Can Bangladesh boost agriculture production to reduce import?
Bangladesh's economy heavily depends on garment exports and remittances for its foreign exchange reserves, with limited diversification in agricultural products. Despite being an agrarian society, it imports key agriculture-related products, straining reserves.
Bangladesh beyond geopolitics in a new multipolar world: what’s new in foreign policy trajectory?
Both the China and India factors in Bangladesh’s foreign policy decisions, as identified in Li Jianjun and Deb Mukharji’s chapters, will be continuously evolving and contributing factors that would perhaps influence Bangladesh’s policies with other countries as well.
Enhancing rural women's financial inclusion
Rural women have been challenged by loan rates exceeding 25 percent, making access to financial services a distant dream for many