With the advancement of the pandemic, the citizens of Bangladesh are leaning more and more towards adopting Mobile Financial Service (MFS) as their method of money transfer, buying products and services, buying mobile balance and making bill payments.
Despite the depressing state of major indicators such as negative export-import growth; large revenue deficit; falling private sector investment; rising non-performing loans recorded in the last quarter of 2019
On March 25, 2020, Prime Minister Sheikh Hasina announced, in her address to the nation, that the government would provide an incentive package of Taka 5,000 crore for export-oriented industries.
The recent outbreak of Covid-19 is an unprecedented global issue, leading many to contemplate difficult questions that are plaguing all of humanity.
The human dimensions of the COVID-19 pandemic reach far beyond the critical health response. All aspects of our future will be affected—economic, social and developmental. Our response must be urgent, coordinated and on a global scale, and should immediately deliver help to those most in need.
What will the impact of Covid-19 be on the Bangladesh economy? Overall, it seems inevitable that the GDP gains that were expected to be realised in the current fiscal year are likely to be wiped out.
The world economy is now on lockdown because of the global coronavirus pandemic. Governments and their central banks around the world are wasting no time in dealing with the health and economic implications of this crisis.
Nothing is more useful than water. Ironically, hardly anything can be obtained in exchange for water.
In economics, the free-rider problem is referred to a market failure which is often associated with public goods. It occurs when someone benefits from the consumption of a shared resource or privilege without having to pay a fair share for it.
While Bangladesh’s economic growth is at its peak, the capital market of the country is racing towards its worst condition yet.
For hundreds of thousands of Bangladeshi state-run jute mill workers, this year began with an assurance that is all-too-familiar to them.
Export of Bangladeshi readymade garments (RMG) has been declining since the past four months.
Bangladesh currently ranks among the fastest growing major economies in the world, notwithstanding some doubts about the growth estimates.
Much recent unrest, such as the “yellow-vest” protests in France and the US “Abolish the Super-Rich” campaign, is not against inequality per se, but reflects perceptions of changing inequalities. Most citizens resent inequalities when it is not only unacceptably high, but also rising.
There are two contrasting contexts as far as the competitiveness of Bangladesh economy is concerned. On the one hand, the economic growth rate in Bangladesh has been increasing since 2013;
As Bangladesh braces for take-off from the LDC (Least developed country) status, the need for increasing attention on quality education and healthcare have become even more central than before. Not only are these two areas essential drivers of continued progress, they are also critical components of human development.
The global apparel industry has a serious overproduction issue and it impacts all sections of the supply chain.
When Bangladesh gained independence nearly five decades ago, poverty was the default condition for over 80 percent of the population.
