Sustaining higher remittance inflow
What amounts of remittance dollars the wage earners are sending home every month from abroad had never been so concerning as it is now. This is for the simple reason that remittance is the major source of hard currency to supplement the country's declining foreign exchange reserve. Notably, the reserve...
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The role of remittance in buoying economy
As problems continue to plague exports from Bangladesh, particularly on account of the ongoing protests, vandalism and closure of readymade apparel factories, the one good thing that helps keep the economy buoyant is remittance sent by expatriate workers. In fact, remittance is a huge driver for growth for many other...
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Introducing traditional medicine act
Traditional medicine, having a long history in South Asia, is still popular with many people across the region. Instead of taking modern medicine, they are more comfortable with traditional medicine, which is known as the 'sum of the knowledge, skills and practices based on the theories, beliefs and experiences indigenous...
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Politics hinders prospect of business
In Bangladesh, politics is one of the glorified subjects. However, intersection of politics and commerce poses significant threats to aspiring entrepreneurs. Political involvement often creates barriers to market penetration, fosters governmental biases, and hinders the ability to expand freely. This situation places innovative minds at a disadvantage from the start.The...
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Energy crisis: A growing concern
Bangladesh, a developing country with aspirations for economic growth, is currently grappling with an energy crisis that hampers its progress. As the population increases and industrialisation accelerates, there is a marked decrease in the availability of energy resources, leading to a significant energy deficit. This crisis comes at considerable costs...
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