Why agro-processing remains timid
If agro-processing is value-addition to farm outputs such as crops, livestock, fish, timber etc., Bangladesh has a long way to go before it economically transforms the raw versions of produce into products. The country has to its credit surplus production of certain vegetables and fruits but most varieties of those...
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Textile sector needs urgent support
The country's textile sector, the backbone of export economy and the foundation on which the garment industry stands, is facing an existential crisis. Nowhere is this more evident than in the country's spinning mills, where mounting losses, policy inertia and external pressures are pushing an entire industry to the brink....
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A market run by non-market forces
A former lead economist of the World Bank (WB)'s Dhaka office, Dr Zahid Hussain recently said what Bangladesh economy is experiencing at the moment is a form of stagflation. Stagflation in developed economies like in the UK is characterized by high inflation, low growth and rising unemployment. The example of...
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Impact of ECL on banking sector
The introduction of the Expected Credit Loss (ECL) framework under IFRS-9 has significantly reshaped credit risk management and financial reporting in the banking sector. Unlike the incurred-loss model, ECL require1s banks to recognise forward-looking credit losses, integrating probability of default, loss given default, exposure at default and macroeconomic forecasts. This...
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Kuakata's climate displacement a national emergency
The southwest coastal belt of Bangladesh from Kuakata to Kalapara, Galachipa, Amtali, Taltali, and Patharghata has long supported generations of fishing communities, farmers, forest resource collectors, and tourism workers. These livelihoods were not only economic activities but symbols of dignity, identity, and deep attachment to land and sea. Today, climate...
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