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Undesirable developments at Islami Bank Bangladesh

The fracas over appointment of a chairman to the Islami Bank Bangladesh PLC exposes the disconcerting fact that financial institutions in this country are yet to come of age. Why should its customers---if they are really so--- organise a protest rally opposing a new chairman and demanding reinstatement of the...

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Why tobacco taxation is not working in Bangladesh

According to the Tobacco Atlas, a research organisation that tracks the tobacco epidemic worldwide, about 200,000 people die every year from tobacco-related illness in Bangladesh. This means 548 deaths per day, more than 3,800 deaths per week and over 16,600 deaths per month. In fact, nearly one in every five...

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Strengthen debt management

The Asian Development Bank (ADB) recently stated that Bangladesh's debt-to-GDP ratio has reached around 41 per cent and recommended the formation of an independent Debt Management Office (DMO) to strengthen oversight of public debt and improve overall debt management within the government structure.Although the development has sparked discussions among economists...

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Silent crisis of urban loneliness

The growing loneliness of urban life in Dhaka has become an alarming social issue that deserves immediate attention. Although Dhaka is home to more than 20 million people, countless residents today feel emotionally isolated and disconnected from society. Rapid urbanisation, intense academic and professional competition, long working hours, and unbearable...

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