Bangladesh is entering a new phase of financial innovation. As global investment into the country increases, the need for flexible, rapid, and non-traditional financing options becomes more pronounced. One such mechanism, Standby Letter of Credit (SBLC) monetisation, holds significant promise not o
Although Islamic Shariah-based banking began in the country in 1983, a fully Shariah-compliant Islamic bank has yet to be established. Currently, there are 10 full-fledged Shariah-compliant banks. Additionally, 11 conventional banks offer Islamic banking services through their Islamic windows. In o
No one can avoid diving into the sea of memory, which is a matter of both joy and sorrow. Again, not everyone can recall the past precisely. Those who have strong feelings of both pleasure and sadness when thinking about things that happened in the past love to walk down memory lanes. They al
In the Value Added Tax and Supplementary Duty Act 2012 of Bangladesh, ‘supply of services’ means not a supply of good, money, or immoveable property, which, without prejudice to the generality, shall include the following: (a) a grant, assignment, termination, or conferment of a right;
It is May Day. In these difficult times for the world, for nations almost everywhere, it is a day when those who suffer in a multitude of ways must be talked about. It is a day to speak of the travails peasants and workers have throughout history gone through. It is a moment when we must not forget
South Asia, for all its shared past, often finds itself trapped in the paradox of disconnection. In the book The Tortuous Evolution of South Asian Regional Cooperation: Bangladesh’s Travails for Sub-Regional Cooperation, seasoned Bangladeshi diplomat Tariq Ahmed Karim brings both candour and
Doctoral education in the United States (USA) has long been considered a hallmark of academic excellence, attracting scholars from across the globe. However, as Karri A. Holley, who is a professor of higher education at the University of Alabama, highlighted in her insightful article, “Perspe
Protein is an essential macronutrient made up of amino acids that are crucial for bodily functions such as growth, repair, and maintenance of tissues, as well as metabolic processes, immune function, and hormone production. The human body requires 20 different amino acids, nine of which are essenti
The global banking sector is undergoing a significant transformation with the introduction of the International Financial Reporting Standard 9 (IFRS 9), which mandates using the Expected Credit Loss (ECL) framework for credit loss provisioning. This shift from the traditional incurred-loss model to
I was in deep sleep in the middle of the night, when the call came with the shocking news of my dear friend Arefin’s passing away. A few days earlier I had heard Arefin fell ill while trying to draw some money at an ATM booth at Dhaka Club. He was immediately rushed to the ICU at BIRDEM. His
Financial Literacy Day was celebrated for the third time in Bangladesh on March 3 this year. In 2022, a circular of Bangladesh Bank decided to observe Financial Literacy Day on the first Monday of March every year. In light of the same circular, Bangladesh Bank published the 'Financial Literacy Gu
The new administration of the United States (US) has continued the misguided policies of its predecessor by unilaterally imposing unjustified levies on goods from China and other countries. Such actions not only distort the facts and confound black with white, but also exemplify unilateral bullying
Well, then, mate, I must say you are sitting on a gold mine! The common trend among many middle class families is to either sell books or give them away while moving house. That’s exactly the reason why many homes in Dhaka do not have a small library, which they should, because back in &lsq
