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Leadership . . . in substance and form

Leadership . . . in substance and form

Leadership is in crisis almost everywhere across the globe. In our era, let us admit, leadership is up against gigantic impediments. Even so, the world needs good leaders, for the world cannot afford to slip into chaos. A defining quality of leadership is to bring people together. Leaders who rema


Startups fail to propel less developed countries!

Startups fail to propel less developed countries!

Due to the astronomical rise of startups, a belief started growing that less developed countries have found a miracle development solution to reach high-income status. Besides, the rapid growth of the valuation of startups fueled the temptation of quickly multiplying investments. Hence, private and

Need for reform within the UN Security Council

Need for reform within the UN Security Council

The last few weeks have seen several participants from different countries not only being correctly critical in the manner the United Nations Security Council (UNSC) is functioning but also in the manner Members of this important organisation are unable to pursue issues on a collective basis that a

Economic opportunities of Pahela Baishakh

Economic opportunities of Pahela Baishakh

As Bangladesh celebrates Pahela Baishakh, the Bengali New Year, it is essential to recognise the significant economic opportunities this festive occasion brings to the country. Pahela Baishakh not only marks the beginning of a new year but also serves as a catalyst for economic growth and cultural

The four horsemen of Apocalypse in Gaza

The four horsemen of Apocalypse in Gaza

As if in obeisance to the prophecy of the Old Testament, the murderous regime in Israel has allowed the four horsemen of Apocalypse to run amok in Gaza, over the last six months and counting. To be precise, of the four horsemen viz. war, pestilence (epidemics), famine and flood, only the last has b

Boishakhi fairs and festival

Boishakhi fairs and festival

The first day of the month of Boishakh in Bangla Calendar or ‘Pahela Boishakh’ is the Bangla New Year’s Day – celebrated by the Bangalis across the globe as a folk festival. The Bangla New Year is embraced and welcomed on this day in a festive atmosphere, as it symbolises th

It is time to exercise consumer power

It is time to exercise consumer power

In market economy consumer is sovereign, according to text book of Economics 101. Consumers convey their needs through their purchasing power transforming them in to ‘effective demand’. Market is to respond and comply with this particular demand. The fact that a significant number of pe

Rethinking economics: going beyond efficiency

Rethinking economics: going beyond efficiency

Angus Deaton, Professor of Economics, Emeritus, at Princeton University and the 2015 recipient of the Nobel Memorial Prize in Economic Science, in an article titled "Rethinking My Economics" published in the March issue of the International Monetary Fund's (IMF) Finance and Development magazine wro

How can Putin's re-election impact the war in Ukraine

How can Putin's re-election impact the war in Ukraine

President Vladimir Putin extended his reign over Russia in a landslide election held on March 15-17, 2024, taking approximately 87% of the vote, the most in the nation's history. The outcome of the Russian presidential election conveyed a message of a unified and stronger Russia under the reign of

Bangladesh-Belarus diplomatic relations and economic cooperation

Bangladesh-Belarus diplomatic relations and economic cooperation

In a significant development aimed at fortifying diplomatic relations and fostering economic cooperation, Deputy Foreign Minister of Belarus, H.E. Mr. Evgeny Shestakov, paid a courtesy visit to Hon'ble Foreign Minister Dr. Hasan Mahmud, MP, at the Ministry of Foreign Affairs.  In 2021, Belaru

Challenges for quality power supply and power tariff adjustment

Challenges for quality power supply and power tariff adjustment

Media reports that the government has been considering electricity price adjustment from March 2024. UNB reports that the government is in dilemma over raising power tariff at this stage. Media further speculates that the Power Division of the Ministry of Power, Energy and Mineral Resources is expe

Loopholes of the tax system

Loopholes of the tax system

Many of the factors that contribute to tax evasion emerge due to the existing legal framework of our tax system. This ultimately fuels budget deficits and shifts the burden to the general consumers. Firstly, Bangladesh's taxation system is regressive, allowing it to collect more money from the poo