Looking forward to a banking commission
It won't be an exaggeration to say that the country's financial sector, the banking industry to be precise, is in a shambles. Unsustainable amount of default loans, maladministration, outright looting by some bank directors, poor governance have together left the banking industry comatose. So, the need of the hour is...
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Banking reform must set its priorities right
Findings on the country's financial sector, in particular banking sector, by the Centre for Policy Dialogue (CPD) are believed to significantly help the interim government resuscitate the country's ailing banking sector. During a press conference last week titled "Bringing Discipline in the Banking Sector: What Should be Done Immediately," the...
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Foreign lenders stepping up
One of the major concerns in the aftermath of the demise of the last government has been how Bangladesh will manage repayments of multi-billion dollar loans taken over the years and to what extent foreign lenders would extend assistance to the interim government. Setting aside wild rumours, there is no...
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Some flaws in agricultural system
Bangladesh is capable of producing abundant crops, yet we find ourselves heavily dependent on importing essential food grains from other countries. This dependence stems from the failure of our agriculture department to effectively support our farmers. Despite their relentless efforts, often battling harsh weather conditions, farmers face immense challenges due...
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AI — Boon or bane?
Artificial intelligence (AI) is shaking up the financial world, from lightning-fast algorithmic trading to fraud detection. AI can analyse massive data sets to unearth hidden patterns and potential investments, making it a game-changer for investment management. But AI isn't just about stock picking. Financial institutions are using AI to streamline...
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