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.
As Bangladesh concluded 2023, it faced a series of macroeconomic challenges, including soaring inflation, dwindling foreign currency reserves, a weakened taka against the US dollar, slowing exports, lower-than-expected remittance inflows, and a troubled banking sector.
The most recent bank merger proposal in Bangladesh reflects a pressing need for action due to Bangladesh Bank's determination to instill essential discipline and oversight in the financial sector, which is plagued by widespread irregularities.
The establishment of the Insolvency and Bankruptcy Code (IBC) in India was critically acclaimed as a success story since it led to impressive changes in the Indian banking system and set a standard for debt recovery, credit culture, and the entire financial system.
Just a few days ago, we celebrated the 89th birthday of our country’s noted economist and public policy champion Professor Rehman Sobhan. Prof Sobhan is better known as one of the authors of the two-nation theory, which ultimately helped us form the philosophical base of an independent Banglades
All stakeholders, including the citizenry, have for years been warning about the deteriorating health of Bangladesh's banking sector. Hard data such as those on the prevalence of default loans have also been indicating the same. .A recent Bangladesh Bank report is the latest to reaffirm
All of our important stakeholders, including those in the government, are now talking about reforms. I was very intrigued when the state minister for ICT on the second day of his joining the new cabinet asked me who could our Nandan Nilekani be?
Bangladesh stands at a critical juncture in its developmental journey, with infrastructure development being a cornerstone of its economic growth agenda.
Banking, the lifeblood of any economy, faces unique challenges in Bangladesh. A high percentage of non-performing loans (NPLS), inadequate capital, and an overreliance on bank financing are just a few of the many obstacles impeding advancement.
Bangladesh Bank has announced a new plan to reduce non-performing loans (NPL) to less than 8 percent by June 2026. The central bank aims to bring down the NPL of state-owned commercial banks to 10 percent and private banks below 5 percent. As we know, many such initiatives have been introduced earlier and they failed to show desired results.
Reforming the Bangladesh banking sector is long overdue considering the ongoing struggles, such as liquidity issues, poor resource management, capital crises, and underperforming loans and their potential ripple effect on the economy. Forced bank mergers have been the talk of the town in recent times. But we have seen most of the "known to be good banks" quite confused and concerned about the possible measures.
