Wage structures for informal sectors
Minimum wage for a certain amount of work or services is the legitimate right of a worker. This is an important tenet of industrial relationship, without which production in industries cannot continue. This right of the workers has been established in almost all countries of the world and incorporated in...
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What is the actual amount of FDI in Bangladesh?
The inflow of foreign direct investment (FDI) in the last fiscal year declined further, which was predictable. After recording a big jump three years back, the country witnessed a decline in FDI for two consecutive years. Macroeconomic instability coupled with political uncertainty discouraged foreign investors from injecting fresh capital. Existing...
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Ordeals of passport applicants
That bribery and corruption are rampant in various government offices is a common perception, and it is periodically substantiated by Transparency International Bangladesh (TIB) through the publication of various survey results. For example, the latest TIB household study, which surveyed 15,515 households, revealed that 70.9 per cent of respondents encountered...
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Combating inflation during Ramadan
During the holy month of Ramadan in Bangladesh, inflation becomes a significant concern for many households. With heightened demand for food and other essentials, prices often surge, placing an additional strain on already tight budgets. Inflation in Bangladesh, as in many countries, is driven by a combination of factors, including...
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Access to venture capital for startups
There are about 15 venture capital firms in Bangladesh looking for new investments that would bring fruitful returns. Venture capital firms take on a lot of risk before investing in a business. Initially, when the business is small, crowdfunding can also be an option. However, as new startups continue to...
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