Due to Pandemic Middle Class and Lower Middle Class Families Facing an Unprecedented Financial Crisis in BangladeshArpon Bhattacharjee
Due to the sharp drop in leather prices in the international market and the large inventory of pelts in Bangladesh's tanneries, the domestic sales of fur and leather in Bangladesh are facing great difficulties. At present, about 30% (about 200 million square feet) of fur and leather can not...
This paper studies the impact of global financial crisis focusing on State Owned Commercial Banks (SCBs) and Private Commercial Banks (PCBs) ownership and others bank specific and macroeconomics factors influencing profit efficiency level of the Bangladesh banking sector. The Slack-Based Data Envelopment...
IFC to finance first climate-smart steel plant in country Bangladesh must boost investment to avoid economic crisis: Analysts Farm mechanisation needs to be targeted, sustainable Centralised biz data window on the cards Inflation, elections, war dominated 2024 ...
According to RezaulKarimAnsari, chairman of the Bangladesh leather goods and footwear export association, the financial crisis will lead to the closure of some leather industry enterprises, resulting in a backlog of $350 million worth of leather in the warehouse. Exports in the second half of 200...
While people are becoming more aware of the Indian growth story, its South Asian neighbours, Bangladesh in particular, but also Pakistan and Sri Lanka, have also experi- enced growth spurts. Increased openness to trade particularly in the past decade has no doubt been an important factor behind...
Cattle farmers in Bangladesh can easily get in debt if their animals die Recognising the dire need for change, local entrepreneur Tasvir A. Faheem envisioned a solution that would leverage technology to break the cycle of poverty. Enter InsureCow, a startup he founded, dedicated to providing sus...
It is often argued that strong macroeconomic fundamentals along with weak integration with international financial markets acted as major buffers for least developed countries (LDCs) against fallouts of the recent global financial and economic crisis. This paper examines the hypothesis that LDCs had stro...
In responding to this financial crisis, Sri Lanka’s Central Bank has increased its standing deposit facility rate and the standing lending facility rate by 50 basis points each to 5% and 6%, respectively. Sri Lanka’s Central Bank has also increased the statutory reserve ratio by 200 basis po...
"bangladesh's recovery from the currency crisis hinges on the ability of any replacement government to meet public concerns and reestablish social order," it said in a note. the asian development bank, a key development partner for bangladesh, said it would work with the...