As most of our economic sectors depend heavily on banks, it has created many problems for the banking sector and its depositors.

Bangladesh’s economy slowed in fiscal 2022-23 although growth bounced back to 5.78 percent by the end of the year’s fourth quarter, government data shows.

The ongoing political crisis, foreign powers’ interest in the upcoming national election, and labour and human rights issues are deepening the economic uncertainty in the country, the Policy Research Institute (PRI) of Bangladesh said yesterday.

Increased private, foreign investments key to our economic recovery

The political unrest and the garment workers’ agitation in the apparel sector have started to take a toll on the economy that is already grappling with elevated inflation, a depleting dollar stockpile, slowing exports and decelerating private sector activities.

Authorities should take sensible steps to restore normalcy

Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.

Investing more in research and development vital for future economic growth

Pressure on the external sector of Bangladesh's economy is expected to persist in the current financial year, said a top official of the World Bank yesterday

The country's economyis going through a difficult time, said Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry, yesterday.

Recent figures show alarming rise in defaulted loans

Says Debapriya Bhattacharya

Leniency towards habitual defaulters led to this situation

Unlike public sector retirees, private sector employees do not get pensions

Who would want to move for democracy and risk losing it all?

Sri Lanka’s worst economic crisis since its independence began in 2019. Experts attribute a plethora of reasons behind the crisis. First, after the end of the civil war in 2009, the country emphasised providing goods for the local market instead of trade, a decision that led to a continued trade deficit of more than $3 billion each year. Along with trade policies, tax cuts in 2019 led to a loss of government revenue of over $1.4 billion a year.

Of course. Despite challenges around, we have many reasons to be optimistic about Bangladesh.

Establishing an economic corridor connecting the key lagging regions of northeast and southwest Bangladesh via Dhaka can ensure 2.6 times the output and generate 2.3 times the employment by 2050, found an Asian Development Bank study.

New pension scheme expected to benefit large segments of the population

HSBC says in its global research