Bangladesh has emerged from successive economic shocks with remarkable resilience and is now well placed to benefit from a gradual recovery in global demand, according to HSBC Chief Asia Economist Frederic Neumann.
“Relative to where we were three months ago, we’re now much more comfortable, so much so that we’re actually going to see a mild consumer spending recovery in the rest of the world,” Neumann said in an interview with The Daily Star.
“That should help Bangladeshi exporters see a gradual increase in growth.”
His optimism follows a turbulent period marked by geopolitical conflicts, elevated energy prices and slowing global demand, which weighed on Bangladesh’s export-oriented economy.
At a recent economic outlook event, the Hongkong and Shanghai Banking Corporation (HSBC) Limited forecast Bangladesh’s economy to grow by around 4.4 percent in fiscal year 2026-27,…
