The pricing issues caused by new trade restrictions are raising growing concern across Bangladesh’s export sector. And this concern comes not from problems within the country, but from sudden changes in the international trade system.
The stability of Bangladesh’s banking sector is under serious threat, and it’s no longer an abstract issue confined to industry insiders or economists.
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?
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.
The future of healthcare in Bangladesh depends on whether we can move beyond words and take real action.
The interim government has presented its first national budget, possibly the last under this setup.
Bangladesh is at a traction point in its technology transformation journey, having started later than many global counterparts.
In order to narrow or meet the investment gap and more so, to abide by employment generation obligations, every country needs foreign direct investment (FDI).
Lately, I have been receiving calls from friends and family asking which banks are safe or if they should withdraw their deposits from a particular bank.
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.
