Bangladesh economy

Govt is working towards building a vibrant blue economy: PM

Prime Minister Sheikh Hasina today said the government has been working to build a vibrant blue economy by utilising marine resources for Bangladesh’s economic prosperity.
We frame each budget with the election manifesto in mind: PM

Prime Minister Sheikh Hasina says Bangladesh has attained an ability to advance further by competing any nation of the world and asserted that none can pull the country backward any more.
Bangladesh economy to be 25th largest in 15 years

Bangladesh’s economy will make one of the biggest jumps between 2020 and 2034 on the back of demographic dividend and rising per capita income, according to the World Economic League Table 2020.
Bangla Bond Launched: Acid test for Bangladesh growth story

Much has been said about the tremendous growth momentum of the Bangladesh economy. It was amongst the fastest growing nations in the world in the past decade, as per data from the state-run Bangladesh Bureau of Statistics -- and the trend is expected to continue into the near future, too.
Economy under stress: CPD

Bangladesh’s economy is now under stress for the first time in the last 10 years, the Centre for Policy Dialogue (CPD) says.
Bangladesh vs Pakistan: A tale of two economies

The infamous quote 'Bangladesh is a bottomless basket' made by then US Secretary of State Henry Kissinger in 1974 has already been
Building the 'infrastructure' of the mind

Just as we need the most modern infrastructure for a fast-growing economy so also we need a robust “infrastructure of the mind” to build an advanced knowledge-based society whose fundamental features consists of the ability to differ on the basis of knowledge and think critically on the basis of reason.
KSA keen to invest in Bangladesh

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has said his country is keen to be Bangladesh's development partner by investing in different sectors.
Bangladesh to be 26th largest economy

Bangladesh is likely to be the biggest mover in the global gross domestic product rankings in 2030, becoming the 26th largest
Bangladesh Economy: IMF sees three key risk factors

The IMF has identified risk factors in Bangladesh economy, including political unrest related to national elections, the Rohingya situation and further deepening of crises in the state owned banks.
Major challenges ahead

Bangladesh may face enormous economic challenge in the coming days unless the Rohingyas are repatriated fast and the international community comes up with adequate humanitarian assistance, economists have said.
Current account deficit hits record high

Bangladesh’s current account deficit records an all-time high of $7.08 billion in the first nine months of the current fiscal year as the country's capacity to export is failing to keep up with the appetite for imports.
Borrow money, never pay back

It was a time when politics played havoc with the economy.
Liquidity Crisis: From banks to many fronts

Bangladesh economy showed resilience even during the global financial crisis that began in 2008.
Lagging behind in a tech-driven world

What we must remember is that the path to transforming the production workplace will differ from nation to nation.
Economy to stay strong

The World Bank has painted a brighter picture for Bangladesh's economy for the next two fiscal years, pinning hopes
GDP growth 7.28% in 2016-17: Govt

Bangladesh has ascertained its growth for the last fiscal at 7.28 percent, highest ever in history of the country’s economy and more than what was targeted.
Reduce VAT to tolerable level: BNP

BNP urges the government to reduce Value Added Tax (VAT) to a tolerable level in the proposed budget for 2017-18 fiscal year. The 15% VAT proposed in the budget is the highest among South and South-East Asian countries, BNP Secretary General Mirza Fakhrul Islam Alamgir.
Middle class: Loser on all counts

Bangladesh's national budget for FY2018 comes at a challenging time. Despite being powered by high growth and cushioned by low international prices, the Bangladesh economy has been facing a number of disquieting features.
Talks on VAT: Muhith, businessmen exchange heated words

A forum of businessmen exchanges heated words with Finance Minister AMA Muhith centering FBCCI’s proposal on VAT. The argument took place at a meeting jointly organised by National Board of Revenue (NBR) and FBCCI.
Tofail for keeping source tax on export at 0.6%

Commerce Minister Tofail Ahmed warns of new challenges for the country’s garments sector, suggested the government not to increase tax at source on export at this moment.
Bangladesh may lose huge duty benefits

Bangladesh runs the risk of losing duty benefits on its annual exports of more than $3 billion to the UK, as Britons voted to leave the
Cash incentive for furniture, plastic product exports

The government announces cash incentives on exports of furniture and plastic products in a bid to encourage the businesses to export more.
Linking economies through transportation infrastructure

Economists estimate that over that three-decade timeframe, the [Padma] bridge will reach its full traffic capacity of 75,000 vehicles each day.
Making the most of the demographic dividend

As people's economic behaviour varies at different stages of life, changes in a country's age structure can have substantial effects on its economic performance.
Bangladesh’s elevation from LDC status not before 2024: CPD

Bangladesh will not be able to graduate from its least-developed country (LDC) status before 2024, says the Centre for Policy Dialogue (CPD).
Why is Bangladesh different?

If we can further liberalise our trade by reducing tariffs and non-tariff barriers and by removing age-old regulations, our growth will exceed even 7 percent.
ADB forecasts 6.7pc GDP growth

Bangladesh economy is expected to perform strongly this year, according to the latest figures from the Asian Development Bank (ADB).