Views / Columns

Phasing out cash incentives for exports

Phasing out cash incentives for exports

It is time to seriously examine the link between the returns from the country's industrial sector and the huge sums of money dished out every year in the form of duty exemptions and a host of other fiscal benefits by the government. A report published in a local daily on the various fiscal incentiv


Budget offers little for health

Budget offers little for health

To say that the country's healthcare sector is ill and in dire straits is stating the obvious. Symptoms of this ailing sector manifest in myriad forms from time to time. That includes the never-ending sufferings of poor patients unfortunate enough to be poor and sick and ending up in government hos

The budget bypasses the all-important stock market

The budget bypasses the all-important stock market

The main index of the Dhaka Stock Exchange (DSE) shed 66 points to reach its 39-month low last Sunday, the first day after the presentation of the national budget for fiscal 2024-25 by Finance Minister Abul Hassan Mahmood Ali. Such a response from the market was not unexpected. The index plunge cou

Danger of treating black money softly

Danger of treating black money softly

'Black money', according to Investopedia,'includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes'. The sources of black money, as defined, include tax evasion as well as corruption, money laundering and illicit trade. So, ideally, in a la

Budget recognises inflation, skips jobs

Budget recognises inflation, skips jobs

As in previous years, the proposed national budget for the next fiscal year has triggered exciting discussions among the various stakeholders. The pre-budget debate has now transformed into post-budget analyses. Some have started to criticise the proposed budget, which was put forth by the finance

Exploiting benefits of solar air conditioners

Exploiting benefits of solar air conditioners

The market of hybrid solar air conditioner is growing globally. As the world turns hotter, the demand for air conditioners has also gone up in Bangladesh along with other tropical countries. With the constant revision of power prices (upward) in the country, electricity bills have become a major he

Still time to make peace with Nature

Still time to make peace with Nature

The planet's critical ecosystem is yet to claim its rightful place in the collective consciousness of the peoples across the world. But the United Nations Environment Programme (UNEP) under the aegis of the UN has been observing the World Environment Day on June 5 each year since 1973. According to

Semiconductor boom-hope or hype?

Semiconductor boom-hope or hype?

In his book "Chip War: The Fight for the World's Most Critical Technology," noted American economic historian Chris Miller, argues, "Microchips are the new oil. This vital and precious resource has an even more profound impact on people's lives than oil". In the book, which has been named the Finan

Trade-off between macro-economic stability and growth

Trade-off between macro-economic stability and growth

Is there a paradox between growth and macro-economic stability? In normal circumstances they are considered complementary-one reinforcing the other; but asking which comes as the foremost priority may lead to answers that would tend to vary from  place to place reflecting the various dimension

A never-ending ordeal of outbound workers

A never-ending ordeal of outbound workers

Last Friday, the outgoing passenger terminal of the Hazrat Shahjalal International Airport had turned into a sea of Malaysia-bound jobseekers. Hundreds of them carrying valid visas and no-objection certificates from appropriate government authorities thronged the airport but failed to fly to 

Looking for alternative reserve assets

Looking for alternative reserve assets

Worries over falling foreign exchange reserves have been forcing many countries to look for alternatives to US dollar (USD) as reserve currency. Bangladesh, for instance, is concerned as its foreign exchange reserves position has been falling persistently since it reached its peak at over US$48 bil

When growth is low, inflation high

When growth is low, inflation high

When inflation overtakes growth, an economy generally comes under severe pressure. If unemployment also starts to rise, the economy moves toward stagflation. Theoretically, stagflation is the simultaneous appearance of slow growth, high unemployment, and increasing prices. Every country wants to av

Demographic dividends going to waste

Demographic dividends going to waste

For years, policymakers have touted the youthful population of Bangladesh as a lucrative bait for attracting foreign direct investment (FDI). That would certainly have worked had Bangladesh done something other than use that data as a slogan. For decades, economists had been pointing out that simpl