Arun Devnath

Budget shows fault lines, not a path out of the crisis

Finance ministers don’t possess crystal balls to captivate the audience with mystical allure. They don’t have magical foresight. They are real-world agents of economic policy. In times of crisis, which often repeats itself in modern capitalism, they chart a path out of the dark abyss. Sometimes they prove to be successful, sometimes not.

5m ago

A wounded economy, another perilous year

It’s not the best of times. It’s not the season of light. The future will tell whether it’s the period of Dickensian despair on the economic front. But this is not the moment for business as usual, for sure.

5m ago

Why tidal surges were so high

Southern rivers in Bangladesh were already swelling with waters on May 23 due to the full moon’s gravitational dance with the Earth.

5m ago

Crawling peg system: A welcome step but will it be enough to boost reserves?

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

6m ago

Coca-Cola's new campaign unites all brands

Coca-Cola Company has rolled out its first global tagline -- Taste the Feeling -- across all Coke brands in a

8y ago

ADB vows reforms to stay relevant

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.

9y ago

Quake-affected Nepal pleads for funds from international community

Nepalese Finance Minister Ram Sharan Mahat yesterday used a gathering of 3,000 people from around the world in Baku to plead for global help as his earthquake-ravaged nation struggles to raise funds for rebuilding.

9y ago
June 7, 2024
June 7, 2024

Budget shows fault lines, not a path out of the crisis

Finance ministers don’t possess crystal balls to captivate the audience with mystical allure. They don’t have magical foresight. They are real-world agents of economic policy. In times of crisis, which often repeats itself in modern capitalism, they chart a path out of the dark abyss. Sometimes they prove to be successful, sometimes not.

June 6, 2024
June 6, 2024

A wounded economy, another perilous year

It’s not the best of times. It’s not the season of light. The future will tell whether it’s the period of Dickensian despair on the economic front. But this is not the moment for business as usual, for sure.

May 29, 2024
May 29, 2024

Why tidal surges were so high

Southern rivers in Bangladesh were already swelling with waters on May 23 due to the full moon’s gravitational dance with the Earth.

May 7, 2024
May 7, 2024

Crawling peg system: A welcome step but will it be enough to boost reserves?

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

January 27, 2016
January 27, 2016

Coca-Cola's new campaign unites all brands

Coca-Cola Company has rolled out its first global tagline -- Taste the Feeling -- across all Coke brands in a

May 6, 2015
May 6, 2015

ADB vows reforms to stay relevant

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.

May 4, 2015
May 4, 2015

Quake-affected Nepal pleads for funds from international community

Nepalese Finance Minister Ram Sharan Mahat yesterday used a gathering of 3,000 people from around the world in Baku to plead for global help as his earthquake-ravaged nation struggles to raise funds for rebuilding.