I am sure all young professionals aspire to advance in their career. If so, they are not alone. Many determined professionals share this desire, but the path to success can be daunting and difficult to navigate. However, through my own experiences a ...
Govt’s borrowing goes up amid falling revenue
The government's dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure. Finance ministry data showed that taxes raised by the Na ...
NBFIs’ interest rate spread at historic low
High volume of NPLs, rising cost of funds, falling deposits blamed Non-Banking Financial Institutions (NBFIs) witnessed an interest-rate spread at 0.37 per cent in May last, registering a historic low and reflecting vulnerability of the country ...
Industry’s contribution to GDP up, employment down
Bangladesh’s industrial sector has failed to create proportional fresh employment during the last five years despite growth in its contribution to the gross domestic product (GDP), research findings show. Employment in the sector fell by 3.4 ...
Bangladeshi deposits in Swiss banks drop by 93.7pc
The amount of money, deposited by Bangladeshi citizens and banks with different banks in Switzerland, decreased significantly in 2022. According to the annual report of the Swiss National Bank (SNB), Bangladeshis deposited 871.1 mil ...
Bangladesh’s foreign debt rises to $82.85b
Economists say the fall in the private-sector component of the total debt and increase in the public debt amid decrease in foreign-exchange reserves, and export and remittance inflow, and increasing repayment could put the country into trouble i ...