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

Controlling antibiotic abuse

Visible actions on unbridled sale of antibiotics have been long overdue. But the relevant government agency -- the Drug Administration (DA) -- preferred to remain indifferent to this major public health issue. Against this backdrop, a High Court bench, responding to a public-interest litigation (PIL) writ petition late last week,...

Old Dhaka's renovated business hubs

The thought of travelling along the Nawabpur Road through Bangshal to go to Banglabazar would once shudder many. A rickshaw trip or walking by the footpath amid crowds and stifling traffic snarl-up eventually proved a nightmare to many. It was the common spectacle even over a couple of decades ago....

Save wetlands from grabbers

This letter is in reference to the article, titled "Dhaka, surrounding areas lose 23pc of wetlands in five years, says study", that was published in The Financial Express on April 26, 2019. The findings of the study are alarming as far as safeguarding wetlands and protecting the environment is concerned....

Safe WASA water and lemonade

We must congratulate Mizanur Rahman who, along with his friends and family members, protested against the claims of Engineer Taqsem A. Khan, Managing Director of Water Supply and Sewerage Authority (WASA). While responding to a recent report of Transparency International Bangladesh (TIB), Khan had claimed that the water supplied by...

Repatriation of export proceeds: Making a Factoring law

Both developed countries and developing countries prefer factoring as a sophisticated payment method for short term financing purposes. This is a unique method of financing trade without collateral, and is very much suitable for SMEs. Currently, some financial institutions (FIs) in Bangladesh are financing local trade through discounting Invoices but...

A treaty to end corporate immunity?

When Ecuadorean diplomat Luis Gallegos first proposed a "Binding Treaty on Business and Human Rights," many countries and environmental activists welcomed the idea with open arms.Backed by South Africa, Mr. Gallegos urged the UN Human Rights Council in Geneva, Switzerland, to immediately begin negotiations to end human rights violations and...