The initiative, which received little public attention at the time due to political instability, represents a critical juncture in Bangladesh's financial infrastructure development.
Such a tax would directly eat into the amount that families receive back home, discouraging many from sending remittances via official banking channels
Bangladesh must build an ongoing feedback loop with actual global investors—those managing billions in emerging and frontier market mandates
Mr Arif, a lower-middle-class citizen, decided to visit his local market to purchase essential goods for his family. To his dismay, he discovered that the prices of almost all necessities had gone up by a staggering 30 to 50 percent. This sudden spike in prices left Mr Arif perplexed and worried about the increasing burden on his already strained budget.
In the throes of a digital renaissance, Bangladesh, steered by the government's Digital Bangladesh initiative, has achieved a remarkable technological evolution. The nation has seen an uptick in internet connectivity, digital financial services, e-education, and e-commerce, with an entrepreneur-driven surge.
In a world that is exceedingly inundated by messages, it is, perhaps, time for businesses to think about whether we are over-communicating with our customers.
Credit markets are often affected by market failures, which makes them prone to government interventions. While there are many ways in which governments can intervene in financial markets, a common method is through state-owned banks.
Fintech is a buzz word or a disruption or an innovation in this transforming world. We have always seen such debate among different types of experts or colleagues from financial industries at home and abroad. But we can’t ignore its rapid disruption towards financial inclusion and growth.
The pandemic, coupled with trade disruptions and Russia’s war on Ukraine, caused lasting harm to Asia-Pacific economies, damaging growth, productivity, and investment.
Can we truly reimagine a path to a low-carbon transition and change the climate narrative? This is hard to envision when we witness the unprecedented damage we are inflicting on the planet.
Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.
The Bank of Canada published a detailed summary of its Governing Council deliberations for the first-time last month, joining nearly two dozen other central banks in regularly releasing detailed information on monetary policy decisions.
As the world does its best to move on from the pandemic, one of the lasting legacies for many advanced economies has been greater adoption of digital technologies. Working from home is now common, and many companies have expanded online operations.
Businesses face supply chain risk, which can cause delays, increased costs, and loss of revenue. To de-risk the supply chain, businesses should identify potential risks and develop mitigation strategies. In a globalised world, businesses depend on suppliers from different countries, making disruptions far-reaching and potentially damaging. Mitigating supply chain risk is especially important for Bangladesh's manufacturing industry to remain competitive and continue its growth. Implementing risk management strategies can help businesses operate more efficiently, reduce costs, and increase customer satisfaction. Overall, de-risking the supply chain is essential for businesses to thrive and contribute to the growth of the economy.
Governments confront difficult policy choices as they try to shield their people from record food prices and soaring energy costs driven higher by the war in Ukraine.
If you were to compete in a running race, would you tie, shorten, or burden one of your legs? No, of course not. You would surely lose. Economies will also lose the development race if they don’t allow their women, virtually half their population, have the same rights as men do.
The global fintech boom has spread to the insurance industry, as new, disruptive “insurtech” companies rapidly innovate business models that are challenging industry norms.
When Russian troops invaded Ukraine one year ago, the war appeared to pose a grave threat to global food security.
