
Mamun Rashid
Mamun Rashid, an economic analyst, is chairman at Financial Excellence Ltd and founding managing partner of PwC Bangladesh.
Mamun Rashid, an economic analyst, is chairman at Financial Excellence Ltd and founding managing partner of PwC Bangladesh.
There is no doubt that Bangladesh’s pharmaceutical industry has shown remarkable potential.
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.
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.
The path ahead is becoming clearer, and more complicated.
Moody’s recently downgraded the outlook for Bangladesh’s banking sector to negative due to increasing asset risks and worsening economic conditions.
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.
US President Donald Trump has done what he had long wanted to do – try to increase America’s revenue in every possible way.
Bangladesh needs rigorous legal strategy to reclaim its illegally transferred assets.
There seems to be much confusion among the citizenry regarding how our economy is being managed, and challenges are addressed.
Classified loans in Bangladesh have exceeded Tk 284,000 crore. Various agencies are even talking of Tk 4 lakh to Tk 7 lakh crores of stressed assets in the banking sector, which tends to be 25-45 percent of the total loans.
If you ask any multinational, regional, or large local corporate CEOs what keeps them awake at night, the most common reply is likely to be—employee retention. Be it Standard Chartered, Citibank, or PwC, many potential CEO candidates have been lost to first-world countries, and this exodus continues. They were mostly from reputed business schools or engineering universities. Their exit interviews revealed almost a common thread of answers.
Despite some episodic spikes here and there, the economy of Bangladesh is still struggling, and the government isn’t sure what the top priority should be.
Since our independence, 53 years have gone by and the country has already become a quasi-dominant player in the global supply chain. Y
Banks and banking seniors across the global or regional banking arena are being faced with one very important issue -- which market(s) to enter, which product to offer and which clients to choose and onboard.
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).