The Uncharted Territory: Navigating the Practical Challenges of Implementing IAS 2 in Developing Economies
The Global Promise of a Single Language vs. Local Realities In an increasingly networked world, a vision of a single, global language of accounting is highly appealing. The International Accounting Standards Board (IASB) published International Financial Reporting Standards (IFRS) with the intention of bringing that vision to life and offering a consistent, transparent standard for…
The Insight Mirror
The Sorry State of the Green Passport: Why Travel is a Challenge for Bangladeshis
A few days ago, Nadir, the owner of content creator Nadir on the Go’ revealed that his Bangladeshi passport had been rejected by several countries. According to him, countries that once used to issue visas to Bangladeshis are now refusing to do so. In fact, many countries are denying visas to Bangladeshi passport holders under…
The Chittagong Port Tariff Overhaul: Navigating Economic Currents and Regional Competitiveness
Introduction: The Central Location of Chittagong Port and the Change Agent 1.1. Significance of Chittagong Port in Bangladesh Economy and Trade Chittagong Port, also officially named Chattogram Port, is Bangladesh’s undisputed anchor of its foreign commerce. Its strategic value is unparalleled, for it enables the handling of a whopping 92% of the nation’s overall export…
The Rise of South-South Trade: What It Means for Global Markets
South-South trade (SST) refers to the exchange of goods, services, and investments specifically between developing countries, predominantly those located in the Global South across Asia, Africa, Latin America, and the Middle East. This economic interaction has gained considerable prominence in recent decades. The “Global South” itself is a classification encompassing the world’s developing and least…
Global Tax Wars: How New International Tax Rules Are Affecting Big Tech and SMEs
The Shifting Sands of Global Taxation The phrase “Global Tax Wars” aptly captures the escalating tensions and fundamental overhaul currently reshaping international taxation. For decades, multinational enterprises (MNEs) have skillfully navigated and exploited the intricacies of a complex and often outdated global tax system to minimize their tax liabilities. This practice, while often legal, has…
Bangladesh’s Economic Horizon: Navigating Growth, Diversification, and Resilience on the Path to Prosperity
Bangladesh has achieved remarkable economic progress, transitioning from one of the poorest nations in 1971 to a lower-middle-income country by 2015, driven by robust GDP growth averaging 6.4% between 2010 and 2023. Its Vision 2041 aims for upper-middle-income status, underpinned by a youthful demographic dividend and strategic investments in infrastructure and key industries. While the…
Top 5 International Business Trends Shaping 2025: A Strategic Outlook
The global business landscape is in a state of perpetual motion, but the velocity of change heading into 2025 is unprecedented. For leaders and innovators, navigating this new terrain isn’t about predicting the future—it’s about building businesses resilient enough to thrive in it. As we look ahead, a few powerful currents are converging to redefine…
How Small Businesses Are Thriving in Rural Bangladesh Through Digital Transformation
In the heart of rural Bangladesh, a silent revolution is underway. Once limited by geography and infrastructure, small businesses in villages are now transforming their operations through digital tools and online platforms. This digital shift is reshaping the rural economy, creating new opportunities, and proving that innovation isn’t limited to urban areas. This article explores…
The Rise of Fintech in Bangladesh: Who’s Leading the Digital Revolution?
Over the past decade, Bangladesh has experienced an extraordinary digital transformation. The country that once relied heavily on traditional banking methods is now embracing fintech solutions at an unprecedented rate. The rise of financial technology, or fintech, has revolutionized how people in Bangladesh manage money, make payments, and access financial services. This revolution has not…
Ecommerce Boom in Bangladesh: How You Can Still Enter and Win
The ecommerce industry in Bangladesh is experiencing explosive growth. With over 130 million internet users, increasing smartphone adoption, and a rapidly growing middle class, the country is witnessing a digital revolution in ecommerce in Bangladesh. As 2025 unfolds, more and more consumers are shopping online, not just in cities, but also in rural and semi-urban…
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