Cyber-attacks are on the rise in Bangladesh, highlighting the need for robust security.
Climate change has emerged as a significant risk to sovereign debt sustainability, impacting fiscal stability and growth prospects.
Asia forms the backbone of the world economy, powering vital supply chains from electronics hubs in Taiwan and South Korea to garment factories in Bangladesh.
When two related entities enter a cross-border transaction, the price at which they undertake the transaction is the “transfer price.” Due to the special relationship between related entities, the transfer price may be different than the price that would have been agreed upon by unrelated parties. The price between unrelated parties in an uncontrolled condition is known as the “arm’s length price” (ALP).
As the world faces pressing environmental and social issues while the business world continues to evolve, sustainability management has become an essential concept in modern business strategies.
Despite various challenges, the financial sector in Bangladesh is undergoing a rapid digital transformation, driven by economic development and the increasing adoption of new technologies.
This year’s Nobel Prize in economics has been awarded to British-Americans Simon Johnson and James Robinson and Turkish-American Daron Acemoglu, whose work and research in economics have been to explain how some countries manage to stay ahead of the curve while others fail to do so.
The banking industry as a business is inherently risky.
Whether it is semi-controlled or self-censored media, corridor discussions or even Transparency International Bangladesh reports, we have been hearing about corruption in the public enterprises and inaction by the subsequent governments for the last many years.
Compliance with the ESG standards is not going to be an option soon for business enterprises functioning even in developing countries like Bangladesh. But as Bangladesh
Traditionally, natural gas has been the primary source of energy in Bangladesh. For the last few years, domestic gas production has been declining and we have started importing liquefied natural gas (LNG) to meet the excess demand.
Despite diverse challenges, the banking sector is evolving faster than ever before, and such changes are expected to happen even quicker in the coming years.
Although our banking sector itself is lagging behind its neighbouring peers, the story of the non-banking financial institution (NBFI) sector is rather much more precarious.
Let me start by thanking the central bank for its recent circular on the foreign currency cash holding limit. This should help us not to dollarise our economy and face the fate of Cambodia, where a lot of people have forgotten their local currency’s name over the years.
There is possibly no denying that in view of a very weak opposition along with a not-so-active parliament, some above-average and reasonably honest civil bureaucrats have taken command of the country’s policy regime.
Out of my 26 years with three global banks, I spent more than half of it in treasury dealing room environment in Dhaka, Mumbai, Dubai, Singapore, Hong Kong, London, and New York.
Like in any other developing country, all public interest projects in Bangladesh are supposed to be well thought out with their ultimate impacts reviewed. However, courtesy of the media, even the state investigation agencies, we mostly don’t get to hear good things about projects being well-researched, the ultimate impact on the target market or group well-thought out, finance being well-managed or done with sincerity of purpose.
Before delving into the matter of blue bonds, it is important to briefly understand the “blue economy” itself. Blue economy is a term in economics which relates to the preservation and exploration of the marine environment.
