economic crisis

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.

Demand for luxury flats intact despite economic woes

The demand for luxury apartments has remained unchanged while the sales of regular properties and initiation of new housing projects are in the slow lane amid the ongoing economic crisis, according to market players.

Gas, power price hike: Pharma sector fears 25% rise in production cost

Medical treatments are about to get costlier as production cost for manufacturing  drugs will go up by at least 25 per cent following a recent hike in gas and power charges, according to manufacturers.

Lanka gets 6 more months to repay BB’s $200m

Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis. 

Climate change to fuel humanitarian crises in 2023

Climate change will accelerate humanitarian crises around the world in 2023, adding to the issues created by armed conflict and economic downturns, according to a study by the NGO International Rescue Committee (IRC).

FY23’s first budget support materialises

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.

Consumption-led growth could slow economic expansion

Bangladesh may witness slower economic growth in the coming future if it retains the consumption-led growth, which will also exacerbate the widening inequality, said a development economist yesterday.

How fiscal restraint can help fight inflation

Government support was vital to help people and firms survive pandemic lockdowns and support the economic recovery. But where inflation is high and persistent, across-the-board fiscal support is not warranted. Most governments have already dialed back pandemic support.

Firms’ falling profits testify to slowing business, economy

Businesses in Bangladesh went through a tough time in recent months due to a dearer US dollar that pushed up their costs of raw materials and a rocketing fuel bill that contributed to the surge in operating expenses. 

May 15, 2023
May 15, 2023

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.

February 26, 2023
February 26, 2023

Demand for luxury flats intact despite economic woes

The demand for luxury apartments has remained unchanged while the sales of regular properties and initiation of new housing projects are in the slow lane amid the ongoing economic crisis, according to market players.

January 22, 2023
January 22, 2023

Gas, power price hike: Pharma sector fears 25% rise in production cost

Medical treatments are about to get costlier as production cost for manufacturing  drugs will go up by at least 25 per cent following a recent hike in gas and power charges, according to manufacturers.

January 13, 2023
January 13, 2023

Lanka gets 6 more months to repay BB’s $200m

Bangladesh Bank yesterday granted Sri Lanka’s request to be given six more months to repay a $200 million loan due to the prolonging of its economic crisis. 

December 14, 2022
December 14, 2022

Climate change to fuel humanitarian crises in 2023

Climate change will accelerate humanitarian crises around the world in 2023, adding to the issues created by armed conflict and economic downturns, according to a study by the NGO International Rescue Committee (IRC).

November 30, 2022
November 30, 2022

FY23’s first budget support materialises

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.

November 28, 2022
November 28, 2022

Consumption-led growth could slow economic expansion

Bangladesh may witness slower economic growth in the coming future if it retains the consumption-led growth, which will also exacerbate the widening inequality, said a development economist yesterday.

November 24, 2022
November 24, 2022

How fiscal restraint can help fight inflation

Government support was vital to help people and firms survive pandemic lockdowns and support the economic recovery. But where inflation is high and persistent, across-the-board fiscal support is not warranted. Most governments have already dialed back pandemic support.

November 20, 2022
November 20, 2022

Firms’ falling profits testify to slowing business, economy

Businesses in Bangladesh went through a tough time in recent months due to a dearer US dollar that pushed up their costs of raw materials and a rocketing fuel bill that contributed to the surge in operating expenses. 

November 18, 2022
November 18, 2022

Oil, sugar price hike yet another shock to the economy

The government must implement economic policies that deal with the ongoing crisis