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

Realising leather industry's potential

The allegation made by the entrepreneurs of the leather sector is serious. Contrary to the claim successive ministers of the past Awami League government put forward about readiness of the Savar Industrial Estate for relocation of tanneries from Hazaribagh, they complain that they were duped by lies. There was mismanagement...

Empowering local government

It is a known fact that local government is a basic element of a democratic government. If it fails, the democratic system fails. This is because local governments are considered to be the arteries that play an essential role in keeping the vital organs of democracy functional. Here the councillors,...

Dramatic resetting of Indo-Maldives ties

The recent visit of Maldives President Dr. Mohamed Muizzu to India marks a significant turn in Indo-Maldivian relations, which has nosedived in recent years. For some time, tensions between the two countries were palpable, with leaders from both sides trading barbs that raised deeper geopolitical concerns. At the heart of...

Restoring confidence in banking sector

Depositors of five or more commercial banks face uncertainties as they cannot access their funds. This is troubling, particularly when some managing directors continue to withdraw their salaries. Although the central bank has extended some support to the banks, more is needed. The clients also receive no assurances regarding when...

Introducing remittance-backed bonds

Following the fall of the Awami League government, the country saw a massive increase in remittance, reaching $2.4 billion in September 2024-80 per cent rise compared to the same month last year. This increase may be attributed to favourable changes in foreign exchange policies. A new emphasis on remittances as...

Punishing BCL goons

During the anti-discrimination movement, many students were brutally attacked by the leaders and activists of the Bangladesh Chatrat League (BCL). After the fall of the Awami League government, most of them are now in hiding. Some have fled the country and taken shelter in India. Some of those hiding here...