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Skills mismatch, digital shift demand urgent labour policy reforms: CPD

Bangladesh needs urgent policy reforms to prepare its workforce for the technological and structural changes that will reshape jobs over the next decade, experts said at a global webinar organised by the Centre for Policy Dialogue (CPD). “The world of work is changing. The labour ecosystem is changing, and the …

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Cashless Bangladesh begins with Bangla QR

Bangladesh’s transition to a digital economy is no longer a distant ambition. Mobile financial services, internet banking, e-commerce and instant payments are already changing how millions of people conduct everyday transactions. The introduction of Bangla QR is another important step towards a cash-lite, inclusive and interoperable payment system. Since July …

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Bangladesh Bank unaffected by Moody’s downgrade

Bangladesh Bank Governor Abdur Rouf Talukder considered Moody’s recent downgrade on some local banks as a geopolitical move rather than economic indicator. The central bank governor was responding to a question during the launch of the half-yearly monetary policy statement (MPS) starting next month. He said the international credit rating …

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IMF working on global central bank digital currency platform

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday. FE “CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need systems that connect countries: …

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