Monetary policy and private sector thrust
The monetary policy statement (MPS) recently issued by Bangladesh Bank has evoked an interesting discourse between the central bank authority and business leaders. In a dialogue organised by Dhaka Chamber of Commerce and Industry (DCCI) under title "Monetary Policy Statement: Implication on Private Sector", the DCCI president termed the statement...
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This time really is different
Respectable investors aren't supposed to say, "This time is different." But, given the market gyrations in recent months, they would do well to keep an eye on what really is different from the last time the business cycle turned.The last time, of course, was the 2008 global financial crisis. Unlike...
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About ethical banking system
An eminent World Bank economist says a parliament that follows the principles of ethics is critical for the growth of an ethical banking system in a country. Only an ethical political system can ensure an ethical banking and financial system, he opined.If there is no ethical parliament, there cannot be...
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Beauty of online shopping
What is the easiest way of shopping today? The answer is straight enough-- online shopping. One can easily find one's desired product at some local website, pay through credit or debit card or do purchase on home-delivery of the product. The products can be anything-- from daily necessities to luxury...
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Guidelines for ride-sharing must not be complicated
Ride sharing guideline of Bangladesh Road Transport Authority (BRTA) will soon come into effect. Most commuters of Dhaka are hoping that the guideline will not be very taxing on the ride-sharing companies. This can impact the service itself. BRTA fee and other conditions should be minimum and nominal so that...
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Jobike: The short distance solution
Jobike is an app-based bike hiring service which was first introduced in China. As it was very popular and a great solution to traffic congestion, Md. Mehedi Reza, Founder and President of Jobike, planned to bring it to Bangladesh to help alleviate the traffic congestion problem. At first, it was...
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