UNCTAD praises growth but sees wide inequality

South Bangla Bank’s IPO subscription hits 14 times high

It stresses product diversification to fit in competitive market FE REPORT | Published: September 28, 2021 15:03:35 | Updated: September 28, 2021 19:21:06 Bangladesh has recorded sustained growth over the decades following restructuring but the structure of the country’s economy remains concentrated on a few sectors and products that may prove counterproductive when its trade […]

ADB cuts Bangladesh’s growth forecast to 6.8%

ADB cuts Bangladesh’s growth forecast to 6.8%

The Asian Development Bank (ADB) cut its forecast for Bangladesh’s GDP growth in the current 2021-22 fiscal year to 6.8%, from its previous projection of 7.2%, saying the second wave of Covid infections has disrupted the economic recovery. In the September update of the Asian Development Outlook (ADO) released on Wednesday, the ADB observed that […]

Driving the growth of agricultural mechanisation in Bangladesh

Development in Bangladesh: A most pleasant surprise

Bangladesh requires the combined success of all sectors as it inches closer towards its goal of becoming a middle-income country. Although its GDP contribution has fallen to 12 percent as of 2020, agriculture still remains the most important sector since it employs around 50 percent of the population and ensures the country’s food security.  The […]

IMF cuts emerging Asia growth forecast

The International Monetary Fund on Tuesday cut this year’s economic growth forecast for emerging Asia, as a spike in coronavirus cases from new variants and slow vaccinations cloud the region’s recovery prospects. The downgrade, which contrasted with an upward revision in the IMF’s forecast for advanced nations, highlights the divergence emerging across countries on the […]

UAE asserts strong climate action equals strong economic growth at UK talks

UAE asserts strong climate action equals strong economic growth at UK talks

ABU DHABI — Dr. Sultan Bin Ahmed Al Jaber, UAE’s special envoy for climate change and minister of industry and advanced technology, met his counterparts in London for high-level talks ahead of November’s COP26 climate change summit in the UK. During the ministerial gathering, which included ministers from 40 countries, and in meetings with UK […]

Managing environmental resources for green growth in Bangladesh

Development in Bangladesh: A most pleasant surprise

The current pattern of global economic development is unsustainable. It is based on the extraction of natural resources and use of a carbon-intensive production and consumption system to produce goods and services for the economy. Indeed, the global development path has been based on the philosophy of accelerating growth by way of burning fossil fuels. […]

Implement policies efficiently for green growth

Bangladesh needs to formulate a plan and take appropriate and effective steps to implement it to ensure eco-friendly development, analysts said yesterday. According to the Sustainable Development Goals, the country can’t develop itself economically alone. Bangladesh must advance socially and environmentally based on green technology, they said. For all latest news, follow The Daily Star’s […]

Activists call for mapping out green growth model for sustainable development

FE REPORT | Published: June 21, 2021 10:02:16 Speakers at a webinar on Sunday said the country needed a right kind of green growth model for its successful transition to sustainable development from a polluting one. The model should be formulated in consistent with a broad based policy framework involving other policies, they said. The […]

Las Vegas weighs tying growth to conservation amid drought

Las Vegas weighs tying growth to conservation amid drought

In this Oct. 14, 2015, file photo, a riverboat glides through Lake Mead on the Colorado River at Hoover Dam near Boulder City, Nev. Despite drought, cities in the U.S. West expect their populations to grow considerably in the coming decades. From Phoenix to Boise, officials are working to ensure they have the resources, infrastructure […]