The bilateral trade in goods between the US and China faces the risk of being severed due to the imposition of steep tariffs
On April 2, 2025, US President Trump introduced sweeping reciprocal tariffs, effectively reversing nearly all US tariff liberalisation since the Great Depression of the 1930s.
The average US tariff surged from 2.5 percent to 20 percent with a single executive action
The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised. The extra-market connections of crony capitalists facilitated transactional benefits while leading to entrenched market power, distorted competition, and depressed productivity growth, all contributing to growing inequalities. Yet, attempts to change the crony business model are facing their own dilemmas.
The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised.
The Bangladesh Bank has embarked on a series of banking reforms with quiet determination. Most recently, it has tightened regulations regarding dividend payouts by scheduled banks, exemplifying the strategy of seizing low-hanging fruit in the pursuit of structural reforms.
The Bangladesh Bank has embarked on a series of banking reforms with quiet determination. Most recently, it has tightened regulations regarding dividend payouts by scheduled banks, exemplifying the strategy of seizing low-hanging fruit in the pursuit of structural reforms.
Navigating the labyrinth of macroeconomic management is particularly challenging during periods of interim leadership.
It’s deja vu all over again. On June 21, 2018, Bangladesh Association of Bankers (BAB), a platform of private banks’ owners, agreed to cap the interest rate on deposits at 6 percent and the lending rate at 9 percent from July 1, 2018.
The stock of non-performing loans (NPLs) is increasing in both public and private banks. This is raising the threat to financial stability, impairing financial intermediation and damaging the resilience of the banking sector to shocks, thus increasing systemic risk. NPLs are also associated with higher funding costs and a lower supply of credit. However, the recent hot debate in Bangladesh has centred on whether high NPLs are a cause or a consequence of high lending rates.
Bangladesh needs to boost private investment from the current 23 percent of GDP to nearly 30 percent to accelerate and sustain growth as it moves up the middle-income path and strives to achieve the Sustainable Development Goals.
Bangladesh has made encouraging progress on the World Bank’s Ease of Doing Business (DB) 2020. The rank has improved by 8 places to 168 from 176 a year ago.
Bangladesh’s stock markets have been fluctuating sharply in recent years.
The government wants to form a public asset management company (PAMC) to buy distressed loans from banks.
Offshore Banking Units (OBUs) of domestic banks have borrowed from banks in the euro zone at 2 percent interest rate to meet their euro liabilities against Usance Payable At Sight (UPAS) issued by them to Bangladeshi importers. Simply stated, the UPAS issuing bank
The Bangladesh Bank (BB) has caved in to pressure for extending the loan restructuring facility to large borrowers once again, albeit on
We know from growth accounting that GDP growth can be broken into growth in the labour force and growth in labour productivity.
The government announced a 2 percent subsidy on remittances in the FY20 budget and allocated Tk 3,060 crore for this purpose.
