Globalisation: The leadership deficit

For all the concern over trade flows and balances nowadays, the largest deficit the world must confront is one of leadership. With the United States retreating from its global role, someone needs to step up. But who?Henry Kissinger once said, "Peace can be achieved only by hegemony or by balance...

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Lending rate and PM's call

A suggestion has been put forth recently by Prime Minister Sheikh Hasina for the bank owners to reduce lending rate and bring it down to single digit. Meanwhile, interest rate on loans and advances have started rising again thereby reaching a level it was in two years back. This increase...

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Blockchain for seamless foreign remittance

Foreign remittance to Bangladesh constitutes the single largest source of foreign exchange earnings and plays a critical role in the socio-economic development of the country. Remittance has resulted in improved living standards of wage earners' families and helped in improving the income distribution in favour of poorer and less skilled...

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