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Bangladesh’s National Budget 2022-23: Banking On Resilient Business Output During Global Challenges [Part 1]

Bangladesh National Budget 2022-23
State of Affairs Amidst the growing concern of rampant inflation permeating through major aspects of daily expenses and Bangladesh Bank devaluating the Taka against the US Dollar, Finance Minister AHM Mustafa Kamal unveiled the National Budget for FY 2022 – 23. The budget proposed a total expenditure of BDT 6.78 trillion, total revenue and foreign grants of BDT […]

Post-pandemic Inflation – The World & Bangladesh

post-pandemic-inflation-feature
The Coronavirus Pandemic has taken a hefty toll on the world’s economies. Prolonged lockdowns, uncertainty about the future, and loss of lives, accumulated as ingredients for a depressed economic outlook. Consequently, this resulted in a sharp fall in global consumer spending of USD 3.3 trillion , a distressed supply chain , rising global food prices, and expansionary policies by almost all governments […]

Innovation in Digital Banking to Build Financial Resilience for Marginalized Communities

Digital Banking has redefined the financial landscape in Bangladesh during the Covid-19 pandemic. Overnight, people needed to figure out how to use banking services electronically because, despite a pandemic, the demand for credit did not disappear. While residents in the cities rushed to adopt digital banking, rural communities were still hesitant to embrace the technology. […]

The evolving G2P Payment Landscape in Bangladesh

Evolving G2P Landscape in Bangladesh
An Overview of the G2P Payments Sector Bangladesh is experiencing unprecedented growth and success in all sectors. Year after year per capita income is rising, millions of people are being lifted out of poverty, government services are becoming more digitized, and the country is one of the global leaders in RMG exports. In this ongoing […]

COP26: Consequences on Bangladesh’s Economy

COP26: Consequences on Bangladesh’s Economy
In October 2021, against the backdrop of the increasing climate crisis, world leaders, scientists, and activists joined together at the 26th annual climate change conference, COP26. The summit was held in Glasgow, United Kingdom, to bring global parties worldwide to tackle the imminent threat of climate change. Attended by 197 member countries, this was the […]

Digital Payments in Bangladesh: A Road to Growth and Stability

Bangladesh has enjoyed a rapid growth in technological advancement recently with a current internet penetration rate of 60.7%. This has opened up a wide array of opportunities for businesses and services to thrive. One of the most noticeable trends in Bangladesh right now is the rise of digital payments. This change has subsequently spurred a […]

Draft Automobile Industry Development Policy: Address issues to reap full benefits

With the growth of the economy and rising purchasing power of people, sales of automobiles have been increasing in Bangladesh. However, the country still needs to depend on imports of foreign vehicles to meet its ever-growing demand. Inspired by the success of the domestic two-wheeler motorbike industry, the government has developed the draft “Automobile Industry […]

Digitalization of the education system- why hasn’t Bangladesh achieved it yet?

The COVID-19 pandemic has caused the shutdown of educational institutions throughout the world. In Bangladesh, educational institutions have been closed since March 17. The Ministry of Education has decided to impose the shutdown until May 31. However, Prime Minister Sheikh Hasina has informed the shutdown can continue until September provided the situation does not improve. […]

Impact Bonds: An Unutilized Way To Mobilize Funds ?

As the pandemic has swept through the country, the need for compassion for a comparatively impoverished country like Bangladesh is starting to prove ever necessary. The affluent portion of the population has not disappointed so far. We have seen organizations like BRAC and Bidyanondo collect donations of crores during this lockdown period. We have also […]

Success from Lockdowns : Countries that Contained COVID-19

213 countries have reported more than 4.5 Million cases of COVID-19 (as of 16th May). The fight against this pandemic has been very difficult, and governments around the world are struggling to save the lives of the people through different policies. Although most countries have failed to control the outbreak, some have been very successful […]

Single-Use Plastic: Is A Catastrophe Awaiting Bangladesh?

While plastic can be considered a miracle material, single-use plastic is as deadly as it gets due to its multiple negative impacts on the environment, health and economy. Single-use plastics, also termed as disposable plastics, are meant to be tossed or recycled after one-time use. These items include polythene bags, sachets, straws, food wrappers, plastic […]
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