Dhaka, Dec. 31 -- The surprising ascendancy of the Arakan Army in Myanmar's Rakhine State, with the group now controlling the entire 271-km border with Bangladesh, has shaken the regional status quo. For Bangladesh, this development is not merely a foreign policy puzzle, it is a national security and humanitarian crisis rolled into one. Yet, as the Arakan Army consolidates its grip on Rakhine, Dhaka remains indecisive, sticking to outdated strategies that have repeatedly failed. It is high time for Bangladesh to pivot and formulate a nuanced policy that reflects the new realities on the ground.Historically, Dhaka's approach to Myanmar has centered on engaging with its central government, including the junta that orchestrated the Rohingya ge...