Finance News: Latest Financial News, Finance News today in Bangladesh

Compensating small investors of merged banks

The government's decision to compensate small investors who purchased shares in the five distressed banks later merged into Sammilito Islami Bank is welcome. These private banks had been pushed to the brink of bankruptcy after years of systematic plundering of the bank loans during the Awami League regime. In late...

War of attrition or for regime change?

The much-anticipated attack on Iran by the US finally took place last Saturday morning when people on the streets of Tehran, the country's capital, were on their way to work. But it was not only in Tehran, the attacks were carried out across the nation. As the air strike hit...

Extortion, subscription and donation

Not all extortions are extortions. Collection of mutually agreed money from transport operators, according to a minister of the newly installed cabinet, is not extortion. He explains, "What is described as extortion on the roads" cannot be considered extortion because transport owners' association and transport workers' association collect funds for...

Shortage of small change in Dhaka

In Dhaka, small denomination notes have become a "golden deer"-rare and difficult to find. From daily shopping and bus fares to rickshaw rides, the shortage of 10, 20, and 50 taka notes or coins is causing inconvenience to both customers and vendors. Many customers are forced to purchase extra items...

Caution needed in using gas cylinders

The use of gas cylinders for daily cooking has risen sharply in both rural and urban areas. Many people prefer gas because it is quick, convenient and time-saving. However, carelessness in handling gas cylinders can lead to fatal accidents.Incidents such as gas leaks, fires, or explosions are occurring frequently, causing...

Exploring new manpower export destinations

Remittances from expatriate Bangladeshis are one of the country's largest sources of foreign exchange. Yet, Bangladesh's manpower export is facing a severe crisis. Labour markets in countries such as Libya, Syria, Yemen, and Sudan are closed due to conflict, while strict immigration policies in Europe and America have made sending...