Arun Devnath

If you’ve been to a grocery store in Bangladesh lately, you’ve probably felt the sting of rising prices.

Finance ministers don’t possess crystal balls to captivate the audience with mystical allure. They don’t have magical foresight. They are real-world agents of economic policy. In times of crisis, which often repeats itself in modern capitalism, they chart a path out of the dark abyss. Sometimes they prove to be successful, sometimes not.

It’s not the best of times. It’s not the season of light. The future will tell whether it’s the period of Dickensian despair on the economic front. But this is not the moment for business as usual, for sure.

Southern rivers in Bangladesh were already swelling with waters on May 23 due to the full moon’s gravitational dance with the Earth.

The crawling peg system for the taka is a delayed and, perhaps, inadequate response to the bleeding of forex reserves. Some economists suggest the central bank should go beyond this formula and open the exchange rate to market forces to stop the continuous erosion of reserves. Either way, exporters and remitters will celebrate more flexibility in the exchange rate.

Coca-Cola Company has rolled out its first global tagline -- Taste the Feeling -- across all Coke brands in a

The Asian Development Bank is reforming itself to stay relevant to the region that it has served for about 50 years, as a rival in the same continent is gaining prominence.

Nepalese Finance Minister Ram Sharan Mahat yesterday used a gathering of 3,000 people from around the world in Baku to plead for global help as his earthquake-ravaged nation struggles to raise funds for rebuilding.