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.
What could break under higher-for-longer interest rates?
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.
Pink Era: The reign of Beyoncé, ‘Barbie’ and Taylor Swift
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.
A country for the rich, and another for the poor
In recent years, Bangladesh has been grappling with a deepening chasm of inequality.
The major economic concerns ahead of the election
Bangladesh’s next national election is only a few months away, and the market is already very hot.
All that went wrong for Bangladesh’s economy
Clearly, the major economic challenges facing Bangladesh are results of inadequate and incorrect policies.
How many eggs are there in our basket?
In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.
Witnessing the price hike parody
Will we hear yet another "eggcellent" proposal to import dub in order to force the local market to lower their price?
Inequality and democracy
Should we be surprised that so many people view the growing concentration of wealth with suspicion, or that they believe the system is rigged?
The debt supercycle comes to China
Could the debt woes of Country Garden, the behemoth Chinese real-estate developer now facing billions of dollars in losses, augur the cycle’s next turn?
Are we underutilising the potential of our youth?
The obstacles to youth economic engagement are as multifaceted as they are complex.
