Economy
Bring reforms in revenue generation, exchange rate
Reforms need to be brought about over revenue generation, currency exchange rate, banking and public expenditure, the four areas vital to the country’s economic performance, through the upcoming national budget, suggested an economist yesterday.
Traffic congestion costs Old Dhaka its title as key trading hub
Traffic congestion inflicted by unplanned urbanisation and expansion reduces the country's overall GDP by 2.9 percent.
The poor’s debt burden gets heavier
The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.
Firms becoming more transparent in financial statements
The use of the document verification system (DVS) has increased in Bangladesh in the last couple of years, plugging the scope for unruly firms to submit forged audit reports. The number of audit reports signed by accountants by securing codes from the DVS rose by nearly 2 percent year-on-year to 38,316 in 2021-22 compared to a year prior, data from the Institute of Chartered Accountants of Bangladesh (ICAB) showed.
Can Bangladesh boost agriculture production to reduce import?
Bangladesh's economy heavily depends on garment exports and remittances for its foreign exchange reserves, with limited diversification in agricultural products. Despite being an agrarian society, it imports key agriculture-related products, straining reserves.
BOOK REVIEW: NONFICTION / Bangladesh beyond geopolitics in a new multipolar world: what’s new in foreign policy trajectory?
Both the China and India factors in Bangladesh’s foreign policy decisions, as identified in Li Jianjun and Deb Mukharji’s chapters, will be continuously evolving and contributing factors that would perhaps influence Bangladesh’s policies with other countries as well.
Enhancing rural women's financial inclusion
Rural women have been challenged by loan rates exceeding 25 percent, making access to financial services a distant dream for many
The ravages of wealth
Bangladesh’s wealth inequality keeps getting wider
Opinion / Bangladesh's SDG performance: A changed approach can help us get ahead
Despite moderate performance in several SDGs, Bangladesh faces major challenges in actually achieving them.
The fishbones of Bangladeshi capitalism
Like the refuse of the fish, the working class is also a refuse of the capitalist economy.
What lies ahead for Bangladesh’s economy?
To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.
Economy hangs in the balance as Awami League hangs on to power
Despite decades of sustained GDP growth and improvements in social indicators, Bangladesh’s economy is now on a fragile footing.
Rising wealth disparity, graft stand in the way of inclusive economy
The biggest challenges an inclusive economy is the growing disparity between the rich and the poor, according to economists
The most 'memorable' comments of 2023
Throughout 2023, we have had the "privilege" of hearing a series of controversial comments from our public figures, mainly politicians.
Trust deficit hampering South Asian integration
Leaders must work together to ensure greater cohesion
Nearly 8 lakh graduates unemployed
Bangladesh has nearly 8 lakh graduates who were unemployed in 2022, according to the Bangladesh Bureau of Statistics (BBS).
Fixing global economic governance
Rarely have the shortcomings of world leaders and existing institutional arrangements been so glaringly obvious.
Lower interest, investment income drives IPDC's profit down
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.
Perennial financial insolvency of small enterprises: reasons and remedies
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.
