An estimated 13 million Bangladeshis are living abroad, temporarily and permanently, in as many as 162 countries. With the number, Bangladeshis are the sixth-largest group of migrants in the world.

It was 2013 that brought about a massive change in the local garment industry. Rana Plaza had collapsed and with around 1,132 lives lost in the incident, the entire nation suffered a sense of collective grief.

Regulators are like football referees. The latter runs along the ball, as much as he can, across the field and instantly intervenes upon foul play. Players’ stardom or the team’s elite profile is immaterial to him.

On June 11 earlier this year, the German Parliament, the Bundestag, passed a law called “Act on Corporate Due Diligence in Supply Chains”. This law obliges business organisations to fulfil their due diligence obligations in their supply chains with regard to respecting internationally recognised human rights and certain environmental standards.

While touring Las Vegas recently, Commerce Minister Tipu Munshi expressed Bangladesh government’s willingness to scale up trade with the United States. He was talking to attendees at the Men’s Apparel Guild In California (MAGIC), the biggest fashion marketplace in the US, showcasing apparel, footwear and accessories and sourcing resources from all around the world.

As of March 2021, the total outstanding loans in the banking sector in Bangladesh stood at Tk 111,1940 crore. Out of this, an amount of Tk 95,090 crore was classified, equivalent to 8.48 per cent of the total loans.

The developing countries of the world started taking various activities for economic development in the sixties. After five decades, different countries have reached different stages of development.

Since its inception, Bangladesh has become one of the leading exporters of migrant workers and immigrants globally.

Local businesses need to become more competitive at the international level so that Bangladesh can enjoy a smooth graduation from the UN’s group of least developed countries (LDCs) in 2026, speakers said at a webinar yesterday.

The impact of the Covid-19 pandemic on banks is relatively exclusive considering other industry trends.

Everybody is concerned about the second wave of Covid-19. Cottage, micro, small and medium enterprises (CMSMEs) have already been affected severely. In a survey conducted by the Bangladesh Bank, 45 banks opined that SMEs were dreadfully affected by the first wave.

Bank of England Governor Andrew Bailey said on Thursday it was important not to over-react to a rise in inflation that was likely to prove temporary during Britain's economic recovery from the Covid-19 crisis. 

It is relaxing to see that even during the coronavirus pandemic, the statistics related to GDP growth and per capita income has shown higher growth. Remittance and foreign currency reserves are ballooning. Under the circumstances, the budget for the next fiscal year has been proposed.

Bridges over the mighty rivers have seamlessly connected Bangladesh, the naturally fragmented largest delta in the world. It has prompted the rapid buildout of highways and roads networks to accelerate the nationwide movement of passengers and goods.