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.
The world's economic landscape is changing, shifting influence from the West to the East. In this transformation, Bangladesh, marked by a tech-savvy youth population is on the path of emerging as a promising hub for startups.
In 2023, Bangladesh's capital market faced a challenging environment characterised by internal constraints and external difficulties. It proved to be a tumultuous year for the stock business marked by unprecedented lows in average turnover and foreign investments, not seen since the collapse in 2010.
Post-pandemic, Bangladesh recovered reasonably quickly and was seeing encouraging signs that the economy was well poised to return to the pre-Covid growth path. However, a combination of global inflationary pressure and supply disruptions owing to the Russia-Ukraine War, a rising US dollar, increasing international inflation rates, and the emergence of recessionary fears in advanced economies coupled with a few not-so-thoughtful domestic policy measures created a hostile economic environment for us.
For years now, a plethora of reforms have been suggested by relevant stakeholders. As reactionary measures in a lot of instances, the government has explored some of these reforms and is taking steps in the right direction. However, considering where the economy stands right now and comparing with relevant countries, Bangladesh has significant ground to cover.
Bangladesh, with its emerging technology landscape, is an attractive playground for tech giants looking to invest, shape and benefit from this market. The government, with its Vision 2021 and SMART Bangladesh 2041 strategies, has pushed for a rapid digital transformation especially focusing on the public sector.
The recent passing of Mr Fazlur Rahman, the founder of City Group, has left a profound void in the hearts of many who are mourning the loss of an iconic entrepreneur and industrialist.
Bangladesh has long relied on its diaspora's remittances, accounting for 4.76 percent of GDP in 2022-23 – the true potential lies in fostering deeper engagement
Given the challenges, the government must dive into the issues and come up with corrective measures immediately after taking charge
We need the central bank and the market operators to come up with the right price for the dollar
In FY23, RMG contributed 10.35 % to the country's GDP, driving economic growth
