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Mamun Rashid

Mamun Rashid, an economic analyst, is chairman at Financial Excellence Ltd and founding managing partner of PwC Bangladesh.

Mamun Rashid

Making the most of the festival economy

15 March 2026, 00:00 AM
From two Eids to Durga Puja, Pahela Baishakh, Pahela Falgun and even Christmas, the calendar in Bangladesh is filled with occasions that bring people together in celebration.
15 March 2026, 00:00 AM
Column Mamun Rashid.jpg

Celebrating women at work

8 March 2026, 00:00 AM
There is a particular kind of courage that does not announce itself. It does not arrive with fanfare or a formal declaration.
8 March 2026, 00:00 AM
Mamun Rashid

Finding the right exchange rate balance

1 March 2026, 00:01 AM
It is a very tough exercise for our central bank to arrive at an optimal exchange rate and interest rate and, more importantly, ensure adequate liquidity in the market for credit creation without denting market discipline.
1 March 2026, 00:01 AM
Mamun Rashid

Rebuilding trust in the financial sector

22 February 2026, 00:26 AM
The new government has inherited a financial system burdened by three interrelated weaknesses: poor governance, fragile balance sheets and erosion of public trust in policy decisions and credibility.
22 February 2026, 00:26 AM
Mamun Rashid

Economic priorities for the new government

15 February 2026, 00:58 AM
The new government takes office at a time when Bangladesh’s banking sector is adrift after years of widespread plunder.
15 February 2026, 00:58 AM
Mamun Rashid, Economic Analyst

India’s trade deals with EU and US demand action

9 February 2026, 00:00 AM
Following the recent conclusion of a trade agreement between India and the European Union, and the prospect of tariff reductions under a US-India bilateral trade deal, fresh concerns have emerged among Bangladeshi exporters.
9 February 2026, 00:00 AM
Writeup Mamun Rashid.jpg

Weak bond market adds to banking sector strain

1 February 2026, 00:06 AM
While I was auditing Indonesia during the Asian financial meltdown, a senior colleague asked me if I had seen any branches of Goldman Sachs or Bankers Trust.
1 February 2026, 00:06 AM
Mamun Rashid writeup.jpg

Why approve another bank

25 January 2026, 01:48 AM
One of the deepest wounds in the economy today lies in the banking sector.
25 January 2026, 01:48 AM
Bank Company Act

How do we manage twin deficit?

Bangladesh is trying to cope with a challenging economic situation.
25 January 2025, 18:00 PM
Bank Company Act

Can IMF prescriptions salvage our economy?

There seems to be much confusion among the citizenry regarding how our economy is being managed, and challenges are addressed.
18 January 2025, 18:00 PM
Bank Company Act

Large loan restructuring: lessons learned from Hallmark

Classified loans in Bangladesh have exceeded Tk 284,000 crore. Various agencies are even talking of Tk 4 lakh to Tk 7 lakh crores of stressed assets in the banking sector, which tends to be 25-45 percent of the total loans.
11 January 2025, 18:00 PM
young professionals leaving Bangladesh

Why are young professionals leaving Bangladesh?

If you ask any multinational, regional, or large local corporate CEOs what keeps them awake at night, the most common reply is likely to be—employee retention. Be it Standard Chartered, Citibank, or PwC, many potential CEO candidates have been lost to first-world countries, and this exodus continues. They were mostly from reputed business schools or engineering universities. Their exit interviews revealed almost a common thread of answers.
7 January 2025, 02:00 AM
Bank Company Act

Salvaging business and employment

Despite some episodic spikes here and there, the economy of Bangladesh is still struggling, and the government isn’t sure what the top priority should be.
4 January 2025, 18:00 PM
Bank Company Act

Liberalising the foreign exchange regime

Since our independence, 53 years have gone by and the country has already become a quasi-dominant player in the global supply chain. Y
30 December 2024, 18:00 PM
Bank Company Act

Market scoping and client onboarding in banks

Banks and banking seniors across the global or regional banking arena are being faced with one very important issue -- which market(s) to enter, which product to offer and which clients to choose and onboard.
21 December 2024, 18:00 PM
Are our information systems secure enough?

Are our information systems secure enough?

Cyber-attacks are on the rise in Bangladesh, highlighting the need for robust security.
11 December 2024, 05:00 AM
Bank Company Act

Unlocking fiscal constraints for climate action

Climate change has emerged as a significant risk to sovereign debt sustainability, impacting fiscal stability and growth prospects.
30 November 2024, 18:00 PM
Bank Company Act

Economic recovery amid supply chain disruptions

Asia forms the backbone of the world economy, powering vital supply chains from electronics hubs in Taiwan and South Korea to garment factories in Bangladesh.
23 November 2024, 18:00 PM
Bangladesh economy

Decoding transfer pricing

When two related entities enter a cross-border transaction, the price at which they undertake the transaction is the “transfer price.” Due to the special relationship between related entities, the transfer price may be different than the price that would have been agreed upon by unrelated parties. The price between unrelated parties in an uncontrolled condition is known as the “arm’s length price” (ALP).
16 November 2024, 18:00 PM
Mamun Rashid, Economic Analyst

Importance of sustainability management

As the world faces pressing environmental and social issues while the business world continues to evolve, sustainability management has become an essential concept in modern business strategies.
11 November 2024, 18:00 PM
Bank Company Act

Addressing cyber risk in the financial sector

Despite various challenges, the financial sector in Bangladesh is undergoing a rapid digital transformation, driven by economic development and the increasing adoption of new technologies.
2 November 2024, 18:00 PM
Bank Company Act

Strong institutions a prerequisite for successful reforms

This year’s Nobel Prize in economics has been awarded to British-Americans Simon Johnson and James Robinson and Turkish-American Daron Acemoglu, whose work and research in economics have been to explain how some countries manage to stay ahead of the curve while others fail to do so.
19 October 2024, 18:00 PM
op_2_-_banking_reform_-_file_photo_star.jpg

Key reforms needed to salvage the banking sector

The banking industry as a business is inherently risky.
14 October 2024, 06:00 AM
Bank Company Act

Family businesses: accept change, compete or get lost

Thanks to The Daily Star and DHL Worldwide for holding Bangladesh Business Awards for 22 consecutive years. Having been with its jury panel for nine years during the initial period, I know how tough it is to find the awardees, especially the individual businesspersons with respectable track records.
12 October 2024, 18:00 PM
Bank Company Act

Can we brand Bangladesh afresh?

Fallen dictator Sheikh Hasina used to regularly lament that she did a great job, but our civil society members were behaving dumb. A few of my friends were quite aggrieved -- our country made so many achievements, yet the Western media and opinion makers were not recognising any of those.
5 October 2024, 18:00 PM
Bank Company Act

Loan restructuring and recovery

Classified loans in the banking sector have exceeded Tk 211,000 crore. Various agencies are talking of almost Tk 400,000 crores of stressed assets in the banking sector, almost 25 percent of the total loans.
28 September 2024, 18:00 PM
women_at_the_forefront.jpg

Empowering women beyond protests

To ensure that contributions from individuals like Nusrat, Prapti, and Dipty are not isolated, we must take concrete steps to empower the next generation of women
27 September 2024, 05:00 AM
Bank Company Act

Attracting higher FDI still a ways off

In order to narrow or meet the investment gap and more so, to abide by employment generation obligations, every country needs foreign direct investment (FDI).
21 September 2024, 18:00 PM

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