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.
As all of us watched the US Presidential debates and await the outcome of the elections in early November with bated breath, I was struck by how much the world is moving on different planes.
Tokyo is in the midst of a construction boom, with old high-rise office and apartment buildings being rebuilt in more modern and elegant forms, all while maintaining stringent environmental standards.
The project 'Bangladesh Priorities' set out to have a conversation on what is best for Bangladesh. In that spirit, I welcome the commentary from Nick Beresford of UNDP Bangladesh on September 29. His concerns merit a considered response.
Chinese President Xi Jinping's visit to Bangladesh is likely to be a landmark one owing to a number of factors. After three decades, a Chinese President is visiting Bangladesh, signifying growing importance of the country in South Asia's economics and geo-politics.
Two very positive economic developments have recently come to light. One is Bangladesh moving up a notch to rank 106th among 138 countries in the Global Competitiveness Index. Second, that the country's extreme poverty has declined to 12.9 percent in the financial year (FY) 2015-16 from 18.5 percent in 2010, according to the latest Bangladesh Development Update released by the World Bank (WB).
China has been taken a strong place in the global economic landscape with its large GDP and rapid economic growth.
Bangladesh's garments industry, for good or worse, has been on the radar screen of policy regulators, North American and European trade union movements, international lenders, as well as global activists promoting sustainable and equitable growth.
Connecting with people is an inherent urge in human beings. Movement of people and ideas contributed towards the progress of societies.
Though There is a strong demand for a deeper regional integration in South Asia, the progress has been rather slow.
The Copenhagen Consensus has failed to measure much of what it needs to measure, and what it measures, it measures badly. The household benefit from cash transfers is assessed only as consumption gain, due to lack of data on gains in household assets and savings.