Economy

Curfew and violence slowly bleeding the economy

Resulting damage could have severe long-term impacts

What the budget means for Bangladesh’s trade policy direction

It is important to recognise that trade has been the handmaiden of Bangladesh’s development.

Time to exploit the potential of local partners and products

It is important to encourage all development players to invest money and energy to maximise their contributions towards the GDP growth.

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.

July 24, 2024
July 24, 2024

Curfew and violence slowly bleeding the economy

Resulting damage could have severe long-term impacts

June 27, 2024
June 27, 2024

What the budget means for Bangladesh’s trade policy direction

It is important to recognise that trade has been the handmaiden of Bangladesh’s development.

May 30, 2024
May 30, 2024

Time to exploit the potential of local partners and products

It is important to encourage all development players to invest money and energy to maximise their contributions towards the GDP growth.

April 3, 2024
April 3, 2024

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.

April 2, 2024
April 2, 2024

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.

March 22, 2024
March 22, 2024

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.

March 20, 2024
March 20, 2024

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.

March 18, 2024
March 18, 2024

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.

March 7, 2024
March 7, 2024

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.

March 6, 2024
March 6, 2024

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

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