Asia is stitched together economically. Almost 60 percent of the value of Asia’s 2021 trade originated within the region, second only to the European Union (EU). And that figure is increasing. Its within-region trade grew at a compound annual rate of more than 10 percent in 2016–21, ab...
You can't have a million dollar dream with a minimum wage work ethic. Power is not brute force and money; power is in your spirit. Power is in your soul. It is what your ancestors, your old people gave you. Power is in the earth; it is in your relationship to the earth. —Winon...
4 We test this hypothesis by analyzing differences in exporting prices by selling destination. We find that mark-up adjustments tend to stabilize export prices in the domestic currency (consistent with global buyers adjusting dollar-prices after exchange rate movements), and this is amplified during ...
New reporting and data accounting requirements arising from the BEPS 2.0’s “Two Pillars”– the OECD has issued the final implementation guidance for pillar two of the BEPS 2.0 initiative, paving the way for establishing a global minimum tax rate of 15 percent by 2024. Alongside the prerequisi...
Conversely, the dividend payment is taxed and distributed at a higher rate (Dittmar 2000). Hence, dividends have a significant drawback compared to repurchases from a tax perspective. As a result, share repurchasing has recently become a popular activity among public companies. Share repurchase is...
Exchange rate of US dollar remains unchanged today 3 days ago NRB maintains existing Monetary Policy 3 days ago Gold price increases by Rs 1,600 per tola today 4 days ago Weather to remain fair today 4 days ago Gold price drops by Rs 300 per tola today ...
progress has been across the board, whereas others have managed to achieve very significant progress on one dimension but fallen back on others. With similar levels of average per capita incomes, in Bangladesh average life expectancy is 71, whereas in Zimbabwe it is 60 and in Tanzania it is ...
These two awards are always Standard Chartered’s to lose. But every year, it further cements its status across retail, corporate and investment banking in the country. Bangladesh is a very lucrative market for the bank: one where it enjoys high margins. It is also particularly well placed to...
The structure worked for the issuer because it curtailed its exposure to interest rate fluctuations. It also secured good pricing given the 7.75% headline rate was fixed 100 basis points (bp) below equivalent government debt. The offering, executed in August, also brought down UMP’s financing ...
I wonder if opening up markets is like increasing competition in a particular market, where the price (ideally) quickly falls to the marginal cost of producing the good — thus profits head towards (almost) zero. In this case, we open up trade and globalization means that our GDP per capit...