New tools to stabilise food price, create jobs
The key challenge the interim government came up against on the economic front, upon assuming power, was inflation -- a legacy of the fallen regime. The inflation rate remained over 9.0 per cent since March 2023. To tame the intractable inflation, the central bank had raised the policy rate five...
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LDC graduation in 2026
Now that the government has made it known that deferring the country's graduation from Least Developed Country (LDC) status is not in its thinking, businesses should get the message straight. For years, policymakers, businesses, and economists have deliberated on strategies to mitigate post-graduation difficulties. The primary concern has always been...
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Illegal parking: Cancer of the city
Every street in our city has become a battleground where illegal parking has taken the form of a ubiquitous menace. Private cars, rickshaws, and trucks occupy roads indiscriminately, while footpaths have turned into makeshift garages. As a result, main roads remain clogged with immobile traffic, making daily urban life increasingly...
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Cryptocurrency and traditional banking
The rise of cryptocurrency is reshaping the global financial landscape, posing both challenges and opportunities for traditional banking institutions. Digital currencies like Bitcoin, Ethereum, and stablecoins operate on decentralised blockchain networks, allowing users to conduct transactions without intermediaries such as banks. This shift threatens the traditional banking model, which relies...
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Winning war against plastic pollution
Plastic pollution has become a global crisis, contaminating oceans, harming wildlife, and endangering ecosystems. However, recent innovations in recycling and sustainable materials offer hope for a cleaner future. Advanced recycling technologies, such as chemical recycling, can break plastics down into their essential components, making them easier to reuse. Additionally, biodegradable...
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