by Ahsan Habib in The Daily Star, Jun 9, 2023Corporate and foreign investors may further lose interest in the stock market of Bangladesh as the country has dropped a notch in the Moody’s Investors Service rating system. As the domestic stock market already lacks investment from corporate and foreign investors, this downgrade will further add to its woes, according to market analysts. Whenever a country slips in Moody’s rating system, then the stock market of…
Posts tagged as “system”
by Rejaul Karim Byron in The Daily Star,Mar 16, 2023Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war. SWIFT is the messaging system used by financial institutions globally to convey instructions to carry out tens of millions of transactions each day. Most Russian banks are banned from…
by Abbas Nasir in Dawn, January 22nd, 2023The writer is a former editor of Dawn.WHO wouldn’t be tempted to endorse an Imran Khan-like stance to burn the house down, in the face of the paralysis that our dysfunctional state and its rotten-to-the-core system has come to represent, as millions of Pakistanis struggle to put food on the table. Look at the state of the economy and the dithering that has been the main characteristic of…