Mamun Rashid

Mamun Rashid, an economic analyst, is chairman at Financial Excellence Ltd and founding managing partner of PwC Bangladesh.

Can the local tea industry recover?

Due to my long association with the tea industry, friends often ask me: if tea gardens are not profitable, why do so many people want to own them? More importantly, who skims the milk in our tea value chain?

20h ago

Do we learn anything from loan failures?

Despite having spent more than three decades in the financial sector, I faced the real test as a credit officer when I was appointed head of restructuring and recovery at Standard Chartered Bank. This was particularly so during audit, portfolio review and due diligence assignments following the Asian financial meltdown in 1997, in East Africa, Greater China and Europe.

1w ago

We must reform the health sector to ensure equity

The future of healthcare in Bangladesh depends on whether we can move beyond words and take real action.

1w ago

Budget offers little to build national capital

The interim government has presented its first national budget, possibly the last under this setup.

2w ago

AI’s role in Bangladesh’s economic growth

Bangladesh is at a traction point in its technology transformation journey, having started later than many global counterparts.

4w ago

Rethinking cybersecurity for resilient financial systems

Globally, the financial sector has become a prime target for cybercrime, with attacks growing in scale, sophistication, and impact. In 2025, several high-profile breaches exposed vulnerabilities even within well-established institutions.

1m ago

Reviving Bangladesh’s banking sector: A race against time for innovation and reform

Modern, reliable, technologically advanced banks might be the engines for Bangladesh's next development boom.

1m ago

When banks stop lending, nations stop growing

Ships are safest in the harbour, but that is not what they are meant for.

1m ago
April 27, 2025
April 27, 2025

Rescuing the banking sector

The World Bank recently urged Bangladesh to implement a comprehensive set of reforms to restore confidence in our financial system, which has been weakened by poor governance, political interference and related lending.

April 20, 2025
April 20, 2025

Conflicts of interest in business erode integrity

When we hear the phrase “conflict of interest,” many of us picture shady backroom political deals. But in truth, conflicts of interest are just as rampant in the world of business, especially in Bangladesh’s fast-growing economy, where family ties and personal connections often blur professional lines.

April 17, 2025
April 17, 2025

Post-LDC challenges and the future of Bangladesh's exports

The path ahead is becoming clearer, and more complicated.

April 13, 2025
April 13, 2025

Strengthening leadership to regain trust in private banks

Moody’s recently downgraded the outlook for Bangladesh’s banking sector to negative due to increasing asset risks and worsening economic conditions.

April 11, 2025
April 11, 2025

Our startup ecosystem needs nurturing

The start-up ecosystem in Bangladesh is experiencing a period of exciting growth, driven largely by a youthful, entrepreneurial population eager to make their mark.

April 6, 2025
April 6, 2025

New tariffs may hurt Bangladesh, and US too

US President Donald Trump has done what he had long wanted to do – try to increase America’s revenue in every possible way.

April 3, 2025
April 3, 2025

A legal roadmap to recovering stolen assets

Bangladesh needs rigorous legal strategy to reclaim its illegally transferred assets.

March 30, 2025
March 30, 2025

Succeeding in a performance culture

I, along with some seniors from Standard Chartered Bank, went to meet the-then finance minister SAMS Kibria in late 2000 to share our decision to acquire ANZ Grindlays Bank.

March 23, 2025
March 23, 2025

Budget: Don’t kill the golden goose

Despite being a humble banking professional, I am very lucky to have been engaged with the country’s budgetary process since the early ‘90s. Many champions, including Saifur Rahman, Shah AMS Kibria, AB Mirza Azizul Islam, Akbar Ali Khan, Masihur Rahman and Khairuzzaman Chowdhury, valued my inputs and private sector insights.

March 20, 2025
March 20, 2025

We must create an equitable tax system

In Bangladesh, nearly 70 percent of total tax revenue comes from indirect taxes.