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

Retrieving undisclosed overseas assets

The government is learnt to have set a strategy to freeze or confiscate unreported assets owned and kept abroad by Bangladeshi nationals. To this effect, as reported in this paper on December 07, a guideline on the legal framework and the strategic process was approved the day before by the...

Sagging confidence in financial systems

At a time of financial turmoil, banks have hardly any option other than charting a prudent course. But when there are deliberate attempts to undermine banking rules and regulations with the ulterior motive of serving narrow and dishonest purposes, the entire sector has to bear the brunt. Of late one...

Violation of women's rights

Next week, Bangladesh will observe the 51st Victory Day, the glorious day to commemorate the final victory over the occupied Pakistani army in the nine-month-long bloody war of independence in 1971. Bangladesh emerged as a sovereign country on December 16, 1971, after sacrificing the lives of three million people. Moreover,...

Unrestrained inflation

The price of essentials is rising day by day. Consumers are now gasping for breath due to continued inflation. Starting from rice, all daily commodities are being sold at increased rates. The price of baby food is skyrocketing. The prices of powder milk have reportedly increased again by Tk 30...

Biofuel as alternative energy source

We cannot even think of spending a single day without uninterrupted supply of electricity. The overall economic development of the country also relies a lot on generating power. But the fossil fuels used in electricity generation are getting exhausted day by day. Many countries of the world are now shifting...

Action against unfit vehicles

A large number of the public buses and other vehicles in Bangladesh are unfit for roads. But they do not seem to face any problem plying the roads. And many of them do not even have legal paperwork. These buses and minibuses in the capital city lack a decent look,...