Bangladesh Bank has opened a can of worms with its revision of the balance of payment data. There is no better way to put it.
Surely, the manner of Yunus’s sentencing does not add to the broader investor confidence in Bangladesh, and the data points already are not promising.
If there is one indicator that epitomises the government’s mismanagement of the economy in recent times, it is inflation -- which raced to an 11-year high of 9.94 percent in May.
Self-contradictory is what best describes Finance Minister AHM Mustafa Kamal’s fifth budget, and the last of the Awami League-led government’s current term.
In 2019, when AHM Mustafa Kamal took charge as the finance minister, the Bangladesh economy was taxing for take-off for its long-haul flight to the developed country club.
This year was always supposed to be a celebration of Bangladesh’s economic progress with the opening of Padma bridge and Dhaka metro rail and 100 percent electrification.
Ever since Sri Lanka and Pakistan’s economic turmoil, Bangladesh’s foreign exchange reserves has become a part of public discourse. So much so that despite having an official figure from the central bank every week, people are speculating.
South Korean electronics giant LG Electronics is working to set up a manufacturing plant in Bangladesh, in a development that is set to
Credit card: two words the mention of which turn many into full-blown cynics.
British statesman Winston Churchill once said that a pessimist sees difficulty in every opportunity and an optimist
Bangladesh is ready to turn the corner for good and foreign investors could do well for themselves by hopping on
Policymakers, economists and private sector movers and shakers yesterday convened at the Asian financial hub, Singapore, to present
