Revamping bond market for economic growth
The bond market in Bangladesh, despite its immense potential, remains largely unexplored. Several factors including weak corporate governance, lack of awareness and data transparency, investor-unfriendly tax structures, and inadequate enforcement of regulations contribute to the underutilisation. The absence of a sustainable bond market has placed undue pressure on the country's...
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Illegal foreign nationals make most of lax law enforcement
In a global village, Bangladesh is certainly not a dream destination for migrant workers from around the world. Actually, the reverse is the case. A small country with an oversize population, has to look for works for the inflating ranks of its diaspora and workers, often unskilled and semi-skilled, abroad....
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Relief at the cost of dignity
The sight of long queues trailing behind trucks that sell essential commodities at subsidised prices has become a common sight on streets of Dhaka and other major cities. These trucks, operated by the state-run Trading Corporation of Bangladesh (TCB), serve as a lifeline for low-income families struggling to afford staples...
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Bridging gaps in labour market dynamics
The growing skill gap in the job market has become critical. The country may have a young, vibrant population, but many businesses are having trouble finding workers with the necessary skills to fill vacant positions.In a recent research, the Bangladesh Institute of Development Studies stated that about 40 per cent...
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Diversifying export beyond RMG
Bangladesh's economy is heavily reliant on the ready-made garment (RMG) industry, which accounts for 82 per cent of its total export earnings. However, overreliance on this sector poses risks, especially during global disruptions. To ensure sustainable growth, Bangladesh must diversify its export base by tapping into other high-potential industries such...
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