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Climate Change Impacts Cannot Be Ignored: Global Risks Report 2021
February 16, 2021
Environmental concerns gained traction among risks identified by businesses surveyed in the World Economic Forum’s (WEFs) Executive Opinion Survey, which informs the 2021 Global Risks Report, published by the WEF with support from Marsh & McLennan. Four of five environmental risks featured in the top 20 global rankings for the first time. This trend is particularly pronounced in regions that recently faced significant disaster damages, notably Australia (wildfire) and Indonesia (flood). Extreme weather events and human-made environmental catastrophes joined natural catastrophes among the leading concerns for executives in the East Asia and Pacific region.
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Three problems for doing business in Bangladesh The New Nation By
INEFFICIENT government bureaucracy, corruption and limited access to finance were the main three problems for doing business in Bangladesh last year. According to the 2020 Global Competitiveness and Bangladesh Business Environment report, inefficient bureaucracy is the biggest trouble for trade and commerce as 72 per cent businessmen surveyed in major cities believe.
Besides, Bangladesh is also lagging behind in competitiveness due to various other obstacles, such as, infrastructural deficiencies, high rate tax and shortage of skilled manpower and experts. The survey report further shows that access to finance has increasingly become a major concern for businesses, particularly for Small and Medium Enterprises (SMEs).