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.
The BB Governor has done the only moral thing to do, resign. But that is only one aspect of the issue. The matter has generated several questions and people need credible answers to those.
In Fiscal Year (FY) 2014-15, global sovereign rating agencies Moody's, Standard & Poor's and Fitch assigned Bangladesh a 'stable' sovereign credit outlook.
The simple answer to the question, “What do you do”, could really make a lot of difference.
Big changes are underway in the United States, as the country gears up to elect a new president, one-third of the Senate, and the entire House of Representatives this November. The outcome will have profound consequences for US economic policy, and thus for the global economy.
Is the world economy coming to a catastrophic, grinding crash? Would we see a global meltdown with GDP in a tailspin...
BIMSTEC is no longer a member-driven organisation, and in this context, the Secretariat becomes vital in driving the organisation.
Economic growth has meant many countries of this region have substantial capacity to direct public expenditures for forest restoration should it be made a national priority.
Once again, advocates of free mobility for destabilising short-term capital flows are being proven wrong. Many emerging markets recognised the dangers and tried to reduce capital inflows.
While lower fuel cost may keep the cost of driving low and the opportunity cost of conservation high, the setback is predicted to be temporary.
The difference also came through the indomitable character of its people. Given the lowest investment in research, Bangladeshis can make the highest amount of innovations as seen in agriculture and services.