Bangladesh is on course to emerge as a $1 trillion economy by 2040 at an average growth rate of 5 percent, powered by a surge in middle and affluent consumers, an American consulting firm said in a study. The domestic consumer market is set to become the ninth-largest consumer market
Tag: Economy
Project ‘CREATE’ launched to facilitate RMG industry’s transition
Circular Economy in Bangladesh's Apparel Industry (CREATE)" project has been launched to investigate the circular economy transition in global apparel value chains linked with Bangladesh's apparel industry and develop effective policies. "Sustainability is a key strategic priority for the RMG industry of Bangladesh where efforts are being made constantly to incorporate
The dancing dollar and the Bangladesh Bank
Internet shutdowns hurt human rights, economy: UN
The real-life effects of shutdowns of the internet on people's lives and human rights are vastly underestimated, according to the UN human rights office. When major communication channels and networks are slowed down or blocked, this means thousands, even millions of people are deprived of their only means of reaching loved
Mega projects won’t affect the economy: PM
Prime Minister Sheikh Hasina on Wednesday ruled out any adverse impact on the country's economy and foreign exchange reserves due to the implementation of the mega projects as these had been undertaken following proper assessments. "Proper financial and economic analyses were done before the mega projects were taken by the present
Budget to make economy stronger: Finance Minister
Finance Minister AHM Mustafa Kamal on Friday hoped that the implementation of the proposed national budget for FY2022-2023 would make the economy stronger and more vibrant.“Hopefully our economy will be stronger and more vibrant with the implementation of this budget,,” he said at a post-budget conference in the city’s Osmani
Country’s debt burden far below threshold level
Official document finds no threat to economy Bangladesh's total debt burden is currently far below the threshold level on both external and domestic fronts posing no threat to the economy, according to an official document. For Bangladesh the comfortable level for total public debt is 70 per cent of GDP and external
Why is Bangladesh a different story?
According to World Bank’s latest report, Bangladesh (South Asian country) has a strong track record of development and prosperity. Over the last decade, it has been one of the world's fastest growing economies, owing to a demographic dividend, robust ready-made garment (RMG) exports, remittances, and stable macroeconomic conditions. Following the
BGMEA for inclusion of transgender people in mainstream economy
BGMEA President Faruque Hassan has stressed the need for creating employment opportunities for transgender people to include them in the mainstream economy and enable them to lead a dignified life in society. “Transgender people are often treated in such a manner as if they are outsiders. They often face humiliation and
