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

Balancing manufacturing and service sectors

The findings of the latest economic census present a disconcerting picture of the country's industrial landscape---a significant decline in manufacturing over the recent years. While non-agricultural business establishments have expanded substantially, the overall economic trajectory appears to be deviating from a sustainable growth pattern. Ideally, economic development follows a structured...

DU and seven colleges part ways: What next?

The seven colleges earlier affiliated with the University of Dhaka rather thoughtlessly have got what they wanted---cancellation of affiliation. Dhaka University (DU) is unlikely to be unhappy with the parting of ways. In fact, it was made to swallow a bitter pill with no prospect of adding anything to its...

Rapid urbanisation: Boon or bane?

The world is fast getting urbanised for an array of benefits - better job opportunities, increased income and better access to education and healthcare, to name but a few. Several small developed and high-income nations like Kuwait, Singapore and Monaco have reached 100 percent urbanisation while developing and even least...

Hidden truth behind rising prices

In Bangladesh, price hikes are often blamed on external factors, but the real culprit may lie closer to home: the syndicate system. This monopolistic structure controls the market, unfairly benefiting intermediaries while leaving farmers and consumers to suffer.Syndicates create artificial shortages by hoarding essentials and waiting for prices to increase...

Tackling RMG sector's challenges

A key pillar of Bangladesh's economy, the ready-made garment (RMG) industry is currently grappling with several challenges that could threaten its long-term viability. Recessions in major economies such as the US and the EU have led to a decline in global demand, making it difficult for manufacturers to maintain order...

Fostering an entrepreneurial ecosystem

The entrepreneurial landscape in our country has witnessed a notable growth in recent years, with start-ups emerging in diverse sectors, including e-commerce, e-business, agri-tech, education technology and so on. However, much more needs to be done to establish a sustainable entrepreneurial ecosystem.Firstly, access to funding remains one of the most...