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

Probe commission and M&A for banks

Experts and bankers have suggested for, among others, formation of a bank enquiry commission and forced mergers and acquisitions (M&As) of poor-performing banks. The couple of suggestions, made at a function, organised by the Bangladesh Institute of Bankers (BIBM) early this week deserve serious consideration. These are obviously aimed at...

Cotton import taking a heavy toll

That Bangladesh is currently the world's largest raw cotton importing country is a reality. This needs to be gauged in terms of two-pronged implications. One, it is clearly the use of a huge volume of imported cotton for making yarns and fabrics for the readymade garment (RMG) industry, and two,...

A plan of action for reducing corruption

A whiff of relief may have wafted our sensibilities following the just-released corruption perception index (CPI) of the Transparency International's local chapter, TIB.Bangladesh has moved two steps up by scoring 28 points among 180 countries surveyed, compared with 26 in the CPI of 2016 but 27 in 2013.The improving trend...

Transport scarcity for city women

THE public transport facility of Dhaka is very poor, uncoordinated, inadequate and disorganised. The city roads are narrower than required. As a result, the city is encumbered with traffic congestion till midnight. Traffic jams coupled with less walking space on the footpaths on the one hand and inadequate number of...

Elderly people are victims of familial torture

ACCORDING to a survey conducted by the Population Science Department of Dhaka University, the number of elderly people (aged 60 years or above) is approximately around 10 million. About 54.5 per cent of them are subjected to both physical and mental torture by their own family members. While the average...

Alarming spread of drug abuse

DRUG menace is compounding and its roaring presence is frightening us beyond measure. Unless strong and effective steps are taken and taken immediately, it is going to inflict further damages to society. Youths are the future of any nation and tragically most drug addicts of our country are members of...