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The future of US-Bangladesh trade

The future of US-Bangladesh trade

All hell broke loose at Rose Garden on Apr 2 as President Donald Trump unveiled new tariff structure for US trade partners all around the world sparing only 11 countries that includes Russia and North Korea. With new trade regime US aims to topple the age of globalisation- headlined Wall Street Jou


Reforming Bangladesh Bank

Reforming Bangladesh Bank

Bangladesh Bank, the central bank of Bangladesh, was established in 1971 following the country's independence. Initially staffed by former employees of the State Bank of Pakistan (SBP), it has since evolved into one of the most successful public institutions in the nation. Over the past five decade

World Bank lowers global growth prospect

World Bank lowers global growth prospect

The World Bank in its Global Economic Prospects report published on June 10, said that the global economy would see the slowest economic growth in 2025 outside of a recession since 2008. The WB, however, said global output would increase by 2.3 per cent in 2025.  This is a reduction of 0.5 per

Investment must for growth

Investment must for growth

The economy of Bangladesh is not doing well. In fact, it has not been doing well since the second quarter of 2023-24 as should be evident from the chart-1. At this low rate of growth unemployment could have risen and a large section of the people at the lower end of the income scale could have fall

Advancing sustainability reporting with IFRS standards

Advancing sustainability reporting with IFRS standards

In recent years, the global shift towards sustainability has become increasingly evident, prompting a growing recognition of the critical importance of transparent and consistent reporting. As investors demand clearer insights into how companies are managing their sustainability risks and opportuni

Shadows of the algorithm

Shadows of the algorithm

In the unfolding saga of the 21st century, the global economic landscape is undergoing a metamorphosis so profound that many traditional concepts struggle to keep pace. What appears on the surface as a natural extension of capitalism has morphed into something new and more insidious. Greek economi

Can war and peace be two men's decision?

Can war and peace be two men's decision?

The world order, in terms of war and peace, presents a bizarre spectacle now. Nowhere is this exemplified more starkly than in the middle-east. As if the nearly two-year long genocidal  attack  by Israel in Gaza, killing more than fifty thousand civilians was not enough of a brazen violat

Not a budget of dream!

Not a budget of dream!

The interim government's Finance Adviser, Dr Salehuddin Ahmed, in response to criticism of the just-approved budget for FY 2025-26 that it followed an 'old road', came out forcefully saying that it was rather a 'highway born out of the old road'. The argument he produced to answer his critics is mo

From Promise to Prosperity

From Promise to Prosperity

Foreign direct investment (FDI) has been a cornerstone of economic transformation in many developing countries. It brings not only capital but also global market access, cutting-edge technology, managerial know-how, and integration into international production networks. Countries like Vietnam and

The dire need of curbing cyber attacks

The dire need of curbing cyber attacks

Currently consensus has emerged all over the world about the need for coordinated and serious attention towards responding to cyber-attacks. Malicious cyber activities have become a growing threat. Cyber-attacks are posing a number of challenges, both technical and political. Many countries are al

Global economic outlook: Trump tariffs upend global growth

Global economic outlook: Trump tariffs upend global growth

"Global economic prospects are weakening" the OECD said in a report published on June 3, pointing to an array of factors such as substantial barriers to trade, tighter financial conditions, and heightened policy uncertainty which are projected to have adverse effects on growth. The Organisation has

Targeting revenue through unfair taxes

Targeting revenue through unfair taxes

Albert Einstein once remarked that insanity is doing the same thing over and over again but expecting different results. That very cycle of repetition is playing out in the way revenue is being collected to finance the national budget. In the proposed budget for the 2025-26 fiscal year, the governm