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.
Dr Mahabub Hossain dedicated his life to understand and explain the dynamics of the agricultural economy of Bangladesh.
Most farmers in this country are cash-strapped but they are not by any means unsuccessful or less civilised than the rest of the community.
There was great hope that having tackled the immediate crisis, the government will put the energy sector on a robust track to achieve sustainability. But, it appears that it has been derailed. True, there is no load shedding, and the government will be able to meet increasing demands in the next two to three years, but many issues of the energy sector will plague us for a long time to come.
Over the last one year, since December 2014, Bangladesh's 12-month average inflation fell by 11 percent and came down to 6.2 percent in November 2015. However, India's inflation fell by 28 percent and came down to 4.8 percent, Pakistan's inflation dropped by 62 percent to reach below 3 percent.
The year 2015 is ending with some positive notes for the Bangladesh economy, though challenges continue to accompany them.
It is perhaps true that unhealthy habits are more concentrated among poor Americans, a disproportionate number of whom are black. But these habits themselves are a consequence of economic conditions, not to mention the stresses of racism.
Bangladesh hasn't ratified the Domestic Workers Act itself, making it difficult for the government to require the same of destination countries.
The recent announcement of Silicon Valley's power couple - Facebook founder Mark Zuckerberg and his doctor wife Priscilla Chan...
The Sustainable Development Goals (SDGs) have stressed the importance of TVET under Goal 4, which aims to substantially increase the number of youth and adults who have relevant technical and vocational skills..
The recent five-day banking mela (fair), held at the Bangla Academy premises, was the first of its kind in Bangladesh's history.