Economy not in bad shape, but slowed down: Salehuddin

Finance and Planning Adviser Dr. Salehuddin Ahmed on Tuesday urged government officials to expedite the completion of ongoing development projects, stressing their critical impact on the country's economy and its people. "We have talked about the Annual Development Programme (ADP) and its implementation. We asked the concerned authorities to complete the

BRAC Bank hosts “Economy, Markets, Derivatives” session for CFOs

BRAC Bank organized a unique session for its valued Treasury & Corporate Banking clients titled “Economy, Markets and Derivatives.” The event was attended by more than 200 Chief Financial Officers and relevant senior officials from the top corporate houses in the country. The bank’s Chairperson, Meheriar M. Hasan, Managing Director &

Bangladesh’s economy to grow 5.7%pc in FY25: WB

Bangladesh's economy is likely to grow 5.7% in FY25, supported by increased private consumption for easing inflation and a pick-up in overall investment for implementation of large investment projects, according to the World Bank. Shortages of inputs and imported goods are expected to ease gradually. A more flexible exchange rate policy

How India’s economy has fared under 10 years of Narendra Modi

More than 960 million Indians will head to the polls in the world’s biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third term in office. And the polls suggest it will achieve this

Industries Ministry to work with FBCCI to forward country’s economy

Industries Minister Nurul Majid Mahmud Humayun on Monday said Industries Ministry will work with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to forward the country's economy and maintain the business-friendly environment. "The government is taking multidimensional initiatives to improve the business environment in the country," he said while

Swedish economy shrank 0.3% in 2023: official data

AFP, STOCKHOLM Sweden's economy shrank by 0.3 percent in 2023 but technically emerged from recession in the last three months of the year when it grew 0.1 percent, official statistics showed on Monday. A "strengthening" of net export helped to offset weaknesses elsewhere in the economy in the fourth quarter, said Mattias

Fears over economy grow as German rail begins longest strike

German train drivers began on Wednesday their longest-ever strike, piling on travel misery for thousands of passengers in an escalating industrial dispute that economic experts warn could cost the economy up to a billion euros ($1.1 billion). Transport Minister Volker Wissing has slammed as "destructive" the six-day industrial action that heaps

Blockades, hartals take toll on economy

In an interview with the UNB former governor of Bangladesh Bank Dr. Atiur Rahman has explained how the current spate of blockades and burning of vehicles are taking a toll on the economy and suggested ways for reaching a solution. Dr Atiur, currently honorary professor at Department of Development Studies in