Global Economy

Export rebound in May provides some relief

Bangladesh’s exports bounced back in May after declining in the preceding two months riding on increased shipment of garments, the main export earning sector, according to data released by the Export Promotion Bureau (EPB) yesterday.

How to correct global imbalances?

The global economy and planetary system are hugely imbalanced because of climate warming and widening social inequities.

The war in Ukraine was not ‘unprovoked’

There is no fairy tale end to the war in Ukraine, in which Ukraine defeats Russia on the battlefield and then joins Nato.

Traditional lenders fall behind Islamic banks in profit growth

Conventional lenders in Bangladesh fell behind shariah-based banks in 2022 in terms of profit growth mainly due to the lower interest rate regime.  

Agri ministry takes Tk 7,214cr project

The agriculture ministry is planning to take up a Tk 7,214 crore project to promote crop diversification and ensure food safety, aiming to gradually reduce the country’s dependency on imports. 

Global economy’s 'speed limit' set to fall to three-decade low

The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030, a new World Bank report showed. 

Forex volatility costs large firms Tk 65,000cr

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday. 

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

Slowing global economic growth increasingly evident: IMF

Global economic growth prospects are confronting a unique mix of headwinds, including Russia’s invasion of Ukraine, interest rate increases to contain inflation, and lingering pandemic effects such as China’s lockdowns and disruptions in supply chains, according to the International Monetary Fund. 

June 5, 2023
June 5, 2023

Export rebound in May provides some relief

Bangladesh’s exports bounced back in May after declining in the preceding two months riding on increased shipment of garments, the main export earning sector, according to data released by the Export Promotion Bureau (EPB) yesterday.

June 3, 2023
June 3, 2023

How to correct global imbalances?

The global economy and planetary system are hugely imbalanced because of climate warming and widening social inequities.

June 2, 2023
June 2, 2023

The war in Ukraine was not ‘unprovoked’

There is no fairy tale end to the war in Ukraine, in which Ukraine defeats Russia on the battlefield and then joins Nato.

May 30, 2023
May 30, 2023

Traditional lenders fall behind Islamic banks in profit growth

Conventional lenders in Bangladesh fell behind shariah-based banks in 2022 in terms of profit growth mainly due to the lower interest rate regime.  

March 30, 2023
March 30, 2023

Agri ministry takes Tk 7,214cr project

The agriculture ministry is planning to take up a Tk 7,214 crore project to promote crop diversification and ensure food safety, aiming to gradually reduce the country’s dependency on imports. 

March 28, 2023
March 28, 2023

Global economy’s 'speed limit' set to fall to three-decade low

The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030, a new World Bank report showed. 

January 30, 2023
January 30, 2023

Forex volatility costs large firms Tk 65,000cr

Bangladesh’s conglomerates have lost Tk 65,000 crore over the past one year because of the fluctuation of the value of the taka against the US dollar as loans have become costlier due to the volatile global economy, said a noted economist yesterday. 

January 5, 2023
January 5, 2023

Forex market continues to stay under pressure

Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.

November 16, 2022
November 16, 2022

Slowing global economic growth increasingly evident: IMF

Global economic growth prospects are confronting a unique mix of headwinds, including Russia’s invasion of Ukraine, interest rate increases to contain inflation, and lingering pandemic effects such as China’s lockdowns and disruptions in supply chains, according to the International Monetary Fund. 

November 15, 2022
November 15, 2022

Nov 15 morning: Cabinet, Fardin murder, Momen, Student politics and School admissions

Good morning. If you’re waking to a horde of texts from last night — like General Secretary Obaidul Quader who complained about receiving night calls from Bangladesh Chhatra League — then catching up with the news can seem cumbersome. So, here are five quick things to know to start your day up-to-date.