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

Dhaka International Trade Fair

By all accounts, the month-long Dhaka International Trade Fair (DITF), held each year, has failed to do justice to its name. An international trade fair is something different from what turns out to be a venue for family outing for a while together with purchase of a few household articles,...

Risks of having too many banks

Policymakers in Bangladesh perhaps forget that the country's banking system has been modelled on the British system, not on the American one. In our textbooks on banking, we learned that there are two types of banking -- unitary and branch banking. The unitary one is the American type where a...

What future awaits bitcoin?

Against the backdrop of rising acceptance of bitcoin, an online based virtual or crypto currency, Bangladesh Bank has issued a cautionary notice asking all to refrain from transacting it. The central bank termed its use illegal. Very few in Bangladesh know that bitcoin is being traded on various exchange platforms...

Banks’ high operating profit conundrum

OPERATING profits of most private banks of the country registered a sharp rise during the last year. The growth rates range between 10 and 60 per cent on the back of a rising demand for credit from the private sector.For example, Islami Bank Bangladesh, the largest private lender in terms...

Preventive steps for Diphtheria required

A good number of projects have been undertaken in the health sector since liberation of the country to eradicate several diseases. Effective steps are also on, at present, to further improve the state of public health.Results of some of these projects are already visible and there are noticeable changes in...

Penalty for national cricketer Sabbir Rahman

CRICKET lovers of the country are dismayed at the incident of penalising a talented player like Sabbir Rahman. He was penalised for beating a young fan during a National Cricket League game between Rajshahi Division and Dhaka Metropolis. According to media reports, the fan was taunting Sabbir from outside the...