Free trade agreements (FTA) are made between countries to lower trade barriers through little to zero government tariffs or subsidies and other means.
China is the largest exporting and second-largest importing country in the world. The Chinese domestic market is also expanding fast with increasing consumerism and brand popularity. Yet Bangladesh’s export to China is dropping despite signing the tariff waiver for many “Made in Bangladesh” products.
When I visited Colombo last April, the airport was humming with a lot of tourists. My experience at the immigration was very good while foreign exchange booths were showing a much more stable exchange rate. Afterwards my interactions with a few entrepreneurs revealed a revival of industrial production and exports too.
It was possibly 2008 when my seniors at Citigroup India realised it was becoming hard for global companies to attract IIM (Indian Institute of Management) or IIT (Indian Institute of Technology) graduates as they were building their own startups.
The semiconductor manufacturing sector is well-known for its complexity, high stakes and intense corporate competition. Demand has always been driven by innovation, with every new technology changing the game.
The finance minister on Thursday placed the budget for fiscal year 2024-25, which is 4.6 percent bigger than the ongoing one. The increase is much lower than the average inflation seen in the last few years, reflecting the monetary constraints the government is facing as well as some of the realities of the crisis which commands a certain extent of belt-tightening
Abul Maal Abdul Muhith, the former finance minister of Bangladesh, and more importantly, one of the architects of Bangladesh's economic development, left an undeniable legacy upon his passing, more than two years ago.
Bangladesh’s economy is struggling with higher inflation, depletion of foreign exchange reserves, pressure on the exchange rate, shrinking capital inflows, and pressure on the budget.
Free trade agreements (FTA) are made between countries to lower trade barriers through little to zero government tariffs or subsidies and other means.
China is the largest exporting and second-largest importing country in the world. The Chinese domestic market is also expanding fast with increasing consumerism and brand popularity. Yet Bangladesh’s export to China is dropping despite signing the tariff waiver for many “Made in Bangladesh” products.
When I visited Colombo last April, the airport was humming with a lot of tourists. My experience at the immigration was very good while foreign exchange booths were showing a much more stable exchange rate. Afterwards my interactions with a few entrepreneurs revealed a revival of industrial production and exports too.
It was possibly 2008 when my seniors at Citigroup India realised it was becoming hard for global companies to attract IIM (Indian Institute of Management) or IIT (Indian Institute of Technology) graduates as they were building their own startups.
The semiconductor manufacturing sector is well-known for its complexity, high stakes and intense corporate competition. Demand has always been driven by innovation, with every new technology changing the game.
The finance minister on Thursday placed the budget for fiscal year 2024-25, which is 4.6 percent bigger than the ongoing one. The increase is much lower than the average inflation seen in the last few years, reflecting the monetary constraints the government is facing as well as some of the realities of the crisis which commands a certain extent of belt-tightening
Abul Maal Abdul Muhith, the former finance minister of Bangladesh, and more importantly, one of the architects of Bangladesh's economic development, left an undeniable legacy upon his passing, more than two years ago.
Bangladesh’s economy is struggling with higher inflation, depletion of foreign exchange reserves, pressure on the exchange rate, shrinking capital inflows, and pressure on the budget.
Thanks to HSBC Bangladesh, I was privy to a presentation on Asia economic outlook with a special focus on Bangladesh.
This is exactly the question I came across from the investment community in the US, India, and Singapore in the last one month or so. They asked where the exchange rate may settle down and the local currency borrowing rate may go. If they invest in Bangladesh, will they be able to take back their return on investments timely and easily?