In 2012, the UN General Assembly declared 20 March as the International Day of Happiness to recognise the relevance of happiness and well-being as universal goals and aspirations in human lives.
It’s crazy out there -- probably the simplest way of manifesting the existing business environment. Rapid technological advancement, increasing geopolitical tensions, mounting competition and shifting market dynamics are some of the critical factors contributing to this extremely challenging situation often summarised as VUCA -- an acronym for volatility, uncertainty, complexity, and ambiguity.
Generation Z, popularly known as Gen Z, is a term used to represent people born between the late 1990s and early 2000s. This demographic cohort presently accounts for approximately 30 percent of the global population. It is estimated that Gen Z will account for 27 percent of the global workforce by 2025.
Article 18:1 of the constitution of Bangladesh articulates that the state will consider the development of nutritional levels and improvement of public health in the country as a primary duty.
The success and failure of any organisation largely depend on its leadership. Studies show that there is no “one size fits all” leadership style. Nevertheless, effective leaders do possess certain attributes which are extremely crucial for an organisation’s sustained success.
Oxford dictionary defines capitalism as “an economic and political system in which a country's trade and industry are controlled by private owners for profit.”
For the last few days, the minimum wage for garment workers has been one of the hot topics in the country. Aggrieved RMG workers rejected the minimum wage proposed by the authorities as there was a substantial gap between their expectations and the proposed wage.
The phrase “Cash is King” became widespread during the financial crisis in 1987, courtesy Pehr G Gyllenhammar, the then CEO of Volvo. The statement signifies the importance of having cash on hand or instantly accessible cash, also known as free cash flow (FCF).
During the 1970s, Japan was gradually establishing itself as a global manufacturing powerhouse. In fact, the spectacular rise of Japan’s economy started in the late 1950s. This was naturally a big surprise to the world. How come the nation, which was devastated in the second World War, could turn around so fast?
Off-late job cuts, particularly in the major global tech companies, are being piled up. In some cases, the decision of laying off employees was taken so hastily that it not only drew the attention of the media. Policy-makers and people were also concerned.
Of late, the food prices have skyrocketed affecting the people in low and middle-income countries more. Domestic food price inflation reaches record high across the globe.
The global economy has been passing through turmoil since the pandemic outbreak in early 2020. And when the economy had started to bounce back after a disastrous couple of years, the Russia-Ukraine war began in February this year, aggravating the situation.
There is a huge hue and cry about the recent unprecedented price hike of soybean oil.
Happiness is a fundamental human goal. The General Assembly of the United Nations had recognised the relevance of happiness and well-being as universal goals back in 2012 and called for a more inclusive, equitable and balanced approach to economic growth that promotes the happiness and well-being of all human beings.
General Motors, popularly known as GM, had been the largest seller of vehicles in the United States from 1931 to 2020. The Detroit-based automaker dethroned Ford back in 1931 to clinch the number one position.
Businesses went through an unprecedented rollercoaster ride in 2021. The year had started on a rather positive note as the coronavirus infection rate in Bangladesh remarkably came down to below 5 per cent.
Unusual disruptions in global supply chains are becoming a nightmare not only for businesses but for the global economy as well. It has reached such a dire state that even the US president had to make resilient supply chains a top priority of his administration.
Of late, energy prices have gone through the roof. Prices of natural gas and coal in recent weeks have risen to a level that is the highest in decades. Consequently, electricity prices in some parts of the world, especially in Europe, North America, and some parts of Asia have skyrocketed.
