
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.
Thanks to our entrepreneurs, a few dynamic policy planners, mostly docile and hard-working workers, Bangladesh’s private sector has expanded rapidly and became a crucial driver of economic growth.
Until mid-2010 I was not aware that the immediate past prime minister had a special assistant for stolen asset recovery.
A new governor has joined the central bank of Bangladesh. As a leading macroeconomist, he has rightly identified inflation and the lack of discipline in the banking sector as the main culprits to be addressed. Both issues are very important, there’s no doubt about it.
We have been talking about banking sector reforms since long as our banking sector is plagued with insider lending, bad loans, low capitalisation and risk coverage, weak governance, sub-optimal automation, a lack of expert manpower and non-availability of better products to serve the emerging clients and cater their shifting demands.
Bangladesh witnessed a threefold rise in human outflow over the past decade. Yet, remittance inflow has experienced relatively poor growth, rising from $15 billion to a maximum of $24 billion.
Decision makers need to be very cautious regarding who they put up to dispassionately clear the mess.
My friend who is an apparel exporter received a call from his Spanish buyer over the weekend.
Backed by experience and good judgement, Gen Z ideas are worthwhile investments.
Free trade agreements (FTA) are made between countries to lower trade barriers through little to zero government tariffs or subsidies and other means.
China is the largest exporting and second-largest importing country in the world. The Chinese domestic market is also expanding fast with increasing consumerism and brand popularity. Yet Bangladesh’s export to China is dropping despite signing the tariff waiver for many “Made in Bangladesh” products.