Economy | The Daily Star

  • A look back on the change in world economy during our era

    In the 21st century a much larger proportion of aggregate material progress has taken place in what our generation knew as the developing world. This growth has been multidimensional: income per person; increase in life expectancy, health and literacy; and reduction in the proportion of those who are in extreme poverty and destitution.

  • Emerging technologies for an emerging economy

    Bangladesh has been riding the growth waves in the last two-and-a-half decades with spectacular results: our exports grew six folds, our GDP quadrupled and our extreme poverty levels got slashed by more than half, not to mention our 30 percent increase in longevity and other human development achievements.

  • BBS under fire, again

    The Bangladesh Bureau of Statistics (BBS) is the body the government depends on for data on the various sectors of the economy to make policy decisions.

  • 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.

  • Default loans soar

    Default loans soar

    Default loans have dogged the country's banking sector for nearly three decades now, despite various reform efforts -- an alarming pattern that has damaged the economy and deprived honest borrowers of funds.

  • Brexit: Rise of neo-nationalism and protectionism?

    While European leaders dreamt of an intertwined economy across Europe 43 years ago, the British people desired something else.

  • Lack of infrastructure impeding growth

    The true potential of the economy is not being realised because the infrastructure of the country remains inadequate in terms of skilled manpower...

  • ADB forecasts 6.7% growth for 2015-16

    Banlgadesh’s growth for this fiscal will improve marginaly and stand at 6.7 percent driven by apparel export and domestic consumption, Asian Development Bank forecasts.

  • Bangladesh needs clear priorities for the future

    Bangladesh has big plans for the next five years. By the time the 50th anniversary of independence arrives, and as part of its Vision 2021 plan, the nation aspires to achieve middle-income status.

  • Sri Lanka's Rebirth

    Sri Lanka is fortunate to have a low level of urbanisation today; but this is likely to change in the next two decades. This gives the country the opportunity to create model cities, based on the adequate provision of public services and sound public transport and attuned to the cost of carbon and climate change.

  • Good news for Mongla people

    A nine-kilometre river embankment and three under-construction water regulators would save thousands of inhabitants of the coastal town of Mongla from recurrent tidal surge by the end of this year, said the local mayor and officials concerned.

  • Dr Mahabub Hossain

    Economist with a passion for the poor

    Dr Mahabub Hossain dedicated his life to understand and explain the dynamics of the agricultural economy of Bangladesh.

  • Habiganj tea workers go on strike against SEZ

    Thousands of tea workers in Habiganj abandon work and gather for a mass rally against government plans for a Special Economic Zone in the area.

  • Economy stable, lacks vibrancy

    The Centre for Policy Dialogue yesterday came up with a number of recommendations to boost the country's economy that has “stability but lacks vibrancy”.

  • No Surprise; It Keeps Growing

    It is often said that numbers do not lie, but when it comes to the Bangladesh economy, the saying appears to be on shaky grounds.

  • No fee on bank job seekers: BB

    Bangladesh Bank directs all banks not to take any fees in the form of pay order or bank draft from job applicants.

  • What are its shortcomings?

    The Sustainable Development Goals (SDGs) have stressed the importance of TVET under Goal 4, which aims to substantially increase the number of youth and adults who have relevant technical and vocational skills..

  • Quader for borderless connectivity among BBIN

    Road, Transport and Bridges Minister Obaidul Quader has batted for “borderless connectivity” with Bhutan, India and Nepal to “achieve fruit of the transport corridor” among these nations.

  • 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.

  • Japan relapses into recession in July-Sept

    Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment.

  • Export diversification - Myths and realities

    Industrial policy needs to address issues of education and skill development for facilitating higher capabilities for export diversification, attracting FDI and integrating with the global value chain.

  • China gives currency largest boost in a decade

    China raised the central rate for its yuan currency by the largest amount in a decade on Monday, officials and reports said.

  • China faces to lose its biggest industry to rising debt

    The world’s biggest steel industry in China is in grave crisis.

  • WB estimates 6.5% GDP growth in FY 2015-16

    The World Bank projects the gross domestic product (GDP) growth in FY16 at 6.5 percent.

  • WB official meets Muhith, talks $1.9bn financing

    A senior World Bank official has met Finance Minister AMA Muhith in Peru and discussed a new financing scheme of $1.9 billion.

  • Bangladesh moves 2 notches up in Global Competitiveness Index

    Bangladesh moved two notches up in the Global Competitiveness Index, indicating progress in the country’s economic efficiency and sophistication.

  • Can China's economic woes derail world recovery?

    In these times of interconnected economies, China's recent economic troubles seem to be the last straw that broke the camel's back. First of all, less growth in China spells trouble for its trading partners. But there is another worrisome development for ROW. China, after years of goading from IMF and US economists, is undertaking a policy shift in an attempt to change its economic growth paradigm.

  • Modi captivates Facebook Townhall

    Enjoy the salient features of India Prime Minister Narendra Modi’s speech at Facebook Townhall.

  • 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).

  • Making of manpower in a market economy

    The reason many people do not like a market economy lies in the acid test of harsh competition. To them, the market economy is a story of losing jobs by being made redundant in the workplace.

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