The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) in Baku, Azerbaijan has begun with the looming shadow of overwhelming climate impacts spreading further. Add to this the possible withdrawal of the United States of America from the carb
The latest credit rating of Bangladesh — a demotion from B1to B2 — by the Moody's Investors Service (popularly known as Moody's) has indeed aroused some amount of concern in areas of investment, external trade and private sector foreign borrowing. Like Fitch and Standard & Poor's, Moody
Disbursement of loans bending rules to businesses enjoying political favour during the previous regime had been behind stiff rise in non-performing loans (NPLs) or bad debts in the banking sector. Though substantial amounts of funds were thus siphoned from the banks using fictitious names of borrow
People the world over have kept their fingers crossed about the consequences and impacts of the Artificial Intelligence (AI)-driven 4th Industrial Revolution (4IR). Machine intelligence has suddenly pulled off spectacular successes in businesses, customer service, office works, decision making, app
The ICT sector had been a prime target of looters of the deposed government, with massive corruption in various projects implemented under the slogans of building a 'Digital Bangladesh' and 'Smart Bangladesh'. Newspaper reports reveal misappropriation of billions of taka from projects aimed at esta
Invalidation of two core provisions of the much-talked-about Speedy Power and Energy Supply (Special) Act 2010, popularly known as impunity law for the power sector, by a High Court (HC) bench will be greeted with an open heart by everyone barring the beneficiaries of those. After taking over the r
Given the highly pollutant nature of the textile and fashion industry, the Western importers of textile products from developing nations including Bangladesh want to see that waste generated by the industry is managed efficiently and sustainably. In the textile industry, which is dominated by
In the face of rising economic challenges and dwindling foreign exchange reserves, the country is actively seeking budget-support loans from multilateral donors as a crucial relief mechanism. Newspaper reports say the government is looking for $8.0 billion in budget-support loan by December this ye
The immediate past regime planned to launch 100 Economic Zones (EZs) across the country mostly on personal, political and other considerations. To that end, the Bangladesh Economic Zone Authority (BEZA), an agency to operate under the Prime Minister's Office (PMO), was created in 2010 to manage the
Non-tax revenue (NTR) rarely figures in discourses on revenue collection for the government. It is not exactly the missing of the wood for the trees but its metaphorical implication is not far from the idiom's message. The receipt of a paltry 1.0 per cent NTR of the GDP from a slew of departments o
