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.
Corporate social responsibility (CSR) puts the onus back on business enterprises themselves. Under this concept, it becomes the duty of businesses to be conscious of the kind of impact they have on various aspects of society from the economic, social, and environmental perspectives.
I take pride in sharing with my readers that I was taught branding at Kellogg School of Management by a certain Professor Philip Kotler. At the same time, my piece on “Branding Bangladesh” drew the attention of Simon Anholt, known to be a guru of this subject, who subsequently wrote a piece on nation branding in the local newspaper.
There is an uproar, at least among civil society forums, the media and common people, regarding a recent government decision to increase the price of diesel and kerosene by Tk 15 per litre each.
The breakneck pace of innovation disrupting the financial sector has ushered in a level of uncertainty which the sector has not faced before. New entrants and a rapidly changing business model have provided customers with a multiplicity of options.
The world has changed. Radically new technologies, new forms of working, new customs, new standards, and the gamut of changes spurred on by the “new normal” have drastically changed the modern day workplace.
As of March 2021, the total outstanding loans in the banking sector in Bangladesh stood at Tk 111,1940 crore. Out of this, an amount of Tk 95,090 crore was classified, equivalent to 8.48 per cent of the total loans.
June 3 marked a remarkable date for Bangladesh as the finance minister presented the country’s 50th budget in parliament on the occasion of the 50th year of independence. As expected, the Tk 603,681 crore budget is the largest that has ever been proposed.
A trade deficit may not be too bad even amidst the coronavirus challenges if you have a healthy foreign exchange reserve, strong remittance inflow, foreign direct investment, and aid flow. More importantly, when capital machinery or industrial raw materials import is the cause of this possible trade deficit.
With disruptive innovations across the financial sector, new entrants and multiple options for customers, many might think that traditional banking has a bleak future.
Covid-19 has accelerated technology adoption across the board. A key sector that has witnessed a boom is financial services, viz. mobile financial service (MFS), cards, and other alternative payment methods. Fintech has unpredictably and truly arrived in Bangladesh.
