The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised. The extra-market connections of crony capitalists facilitated transactional benefits while leading to entrenched market power, distorted competition, and depressed productivity growth, all contributing to growing inequalities. Yet, attempts to change the crony business model are facing their own dilemmas.
International Day of Happiness in Bangladesh: A cruel joke? Few find joy amidst daily struggles.
Bangladesh inflation soared (5.86 percent to 11.38 percent in 2022-2024), driven by global shocks and food prices.
What started as a moment of hope—a chance to break free from the chains of authoritarian rule—has increasingly turned into a struggle for meaningful reform.
The Bangladesh economy saw its lowest quarterly growth in three-and-a-half years in the first quarter of the fiscal year on the back of political upheaval and severe flood in August.
Arrival of winter vegetables contributes to the decline
The central bank governor made this remark while inaugurating the Golden Jubilee Celebration of Bangladesh Institute of Bank Management (BIBM) in the city.
Our data shows economic pressures and polycrisis have been growing especially since Covid.
"The imposition of higher tariffs on Chinese goods by the Trump administration could prompt international businesses and investors to turn to Bangladesh," Ahsan Khan Chowdhury, chairman of Pran-RFL Group, said today
Bangladesh has nearly 8 lakh graduates who were unemployed in 2022, according to the Bangladesh Bureau of Statistics (BBS).
Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.
IPDC Finance Limited, one of the leading private sector financial institutions, said its profit plunged by 70 percent year-on-year in the nine months to September of 2023.
Micro, small, and medium enterprises (MSMEs) perform essential economic functions as major drivers of economic growth and social progress in Bangladesh as in other countries.
As the final stretch of the year approaches, there's relief in markets that the sharpest global monetary tightening cycle in decades is finally nearing an end.
This summer, the influence and earnings of women have taken the world by storm. The stars at the forefront of this narrative are Taylor Swift, Beyoncé, and the “Barbie” movie. These three icons showcase the rising power of the “female dollar” and work as a harbinger of the long-overdue recognition, acceptance and fulfillment of women’s interests.
In recent years, Bangladesh has been grappling with a deepening chasm of inequality.
Bangladesh’s next national election is only a few months away, and the market is already very hot.
Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.
In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.
