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

Recovering illegally occupied forest land

At a meeting of the standing committee on the Ministry of Environment, Forest and Climate Change (MEFCC), the Department of Forest informs that 287,452 acres of the country's total 4,646,700 acresof forest land are under illegal occupation. In a country where land-grabbing is rampant, encroachment of forests is hardly surprising....

Erosion of real wages

Loss of hundreds and thousands of jobs, if not millions, during the pandemic is a cruel truth. Many of those who have survived in their jobs are apparently fortunate. They, however, face wage cut or irregular pay. Nevertheless, the wage cut is better than job loss for many as they...

China's so-called ''debt trap'' and Bangladesh

Should Bangladesh worry about China's 'debt trap'? One needs to understand that to be a developed country by 2041, Bangladesh needs to continue and successfully complete the mega-development projects. The country also has the potential to become the economic hub of the sub-continent. For this, Bangladesh needs external sources of...

Small enterprises' woes

Bangladeshi micro, small and medium enterprises which are collectively called MSMEs, have been most affected by the pandemic fallout in South Asia, according to the International Finance Corporation (IFC). Its survey has also found that less than 1.0 per cent of the MSMEs in Bangladesh have got access to the...

Google suit an opportunity!

The US Justice Department has sued the world's most widely used search engine Google under anti-trust law. Authorities are also considering split of the $1.0 trillion company. Whatever the merit of the case in American context, it shows the importance of healthy competition among many players. Google was also fined...

Sundarbans, its tiger in crisis

Bangladesh has been blessed with the world's largest mangrove forest, the Sundarbans, which is also famous for the unique Royal Bengal tigers. While a series of cyclones that hit the forest, which shielded the human habitats, there are concerns over the human intervention in the forest, including the presence of...

Nobody should be above law

There was a strong opinion and apparent policy stance on ending custodial deaths that create national stigma apart from family tragedy. But Raihan Ahmed's death inside a police outpost reportedly as a result of torture has caused shock and outrage. What is also worrying is that the suspended police officer,...