Economics
Silent role of MFS to keep the economy going
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.
Navigating the socioeconomic perils of Covid-19 in Bangladesh
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
Stimulus for Bangladesh’s export-oriented enterprises
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.
Financial mobility in an immobile world
The recent outbreak of Covid-19 is an unprecedented global issue, leading many to contemplate difficult questions that are plaguing all of humanity.
COVID-19 has exposed the fragility of our economies
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.
Economic threats in the time of corona
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.
COVID-19 and Bangladesh’s macroeconomic challenges
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.
Implementing SDG 6: Watering the seeds of development
Nothing is more useful than water. Ironically, hardly anything can be obtained in exchange for water.
The Moral Compass
The fact that the country's actual default loan amount - including that of written-off loans - in the country's banking sector has exceeded Taka 1 trillion mark for the first time, qualifies us to be one of the leaders of the corporate shame club.
The Immediate Tasks at Hand
More than three months have passed since the Bangladesh Bank (BB) heist, and in the interim much water has flown down the Padma, Meghna,
VAT law could spell trouble
That the government needs to increase revenue is understandable, given that we are looking at wholesale promotions within the bureaucracy and a new revised wage board that has to be implemented for State officials. However, one has to take into account at what cost will revenue be increased. Going by what has been published in the press, everything from electricity to apparels will be more expensive – products and services will boast at least a 15 percent increase in selling price.
Monopoly's New Era
For 200 years, there have been two schools of thought about what determines the distribution of income – and how the economy functions.
Light of hope for Rana Plaza victims
Another anniversary of the deadliest garment industry disaster in history just passed by last week.
A tribute to a champion of the deprived
I can think of few people who have done more for the world's deprived population than Fazle Hasan Abed.
GDP or Happiness?
Imagine a world where you earn a decent living, the state treats you with fairness, there is little carbon emission in the environment...
Reforms for higher investment cannot be delayed
It should not be surprising that private sector investment's share in GDP is shrinking. Banks are drowning in excess cash to the point where call money rate collapsed to historic lows.
Breaking free from fossil fuels
It came as no surprise when the National Oceanic and Atmospheric Administration (NOAA) last week announced that the earth's global temperatures.
Money makes the mare go
Understandably, Prime Minister Narendra Modi has set up a panel of officials from the income-tax department, the Reserve Bank of India (RBI) and Enforcement Directorate to probe the matter and apportion responsibility. Yet, nothing concrete would come out of it because the persons connected with the dealings have political clout.