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.
How do you define a good budget? Should it be all-inclusive? Should it be too large? Or should it only focus on the possible future of the nation and allocate more to education and healthcare?
Mirza Aziz, a strong figure in Bangladesh’s bureaucracy, has made significant contributions to the nation’s economic development
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.
