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

City government the answer

The task force formed to recommend ways out of the financial and other messes following the findings of the white paper on the country's economy has diligently been shedding light on the jobs at hand. Apart from the fiscal issues, there are other highly important matters that have to be...

Tea industry needs deep reforms

The local tea industry that is deeply rooted in history and culture of Bangladesh is currently facing significant challenges. These challenges range from mismanagement and financial irregularities to poor working conditions and economic inefficiencies. If Bangladesh wishes to maintain its position as a major global tea producer (9th largest), the...

Shocking truth of DeepSeek

The Artificial Intelligence (AI)-powered chatbot (a computer programme that can converse with its human user) resembling US tech company Open AI's ChatGPT that a Chinese tech firm, DeepSeek, launched last month has proved to be quite a disruptive innovation for the highly protected AI-sector in the West. Before DeepSeek's release,...

Empowering women thru' banking

Women's banking plays a crucial role in the banking sector and is vital for national development. Specialised banking services tailored for women, such as BRAC Bank's TARA and the recent launch of EBL Bank's women-centric products, focus on addressing women's unique financial needs and preferences.These accounts offer competitive interest rates...

The irony of AI

The world of artificial intelligence (AI) is full of fascinating contradictions, and the recent developments in this field highlight a particularly striking irony. OpenAI, a company that started with the noble goal of making AI accessible to everyone by sharing its research openly, has since shifted to a closed-door approach....

Dealing with senseless street agitations

The unrelenting and disruptive street agitations by the students of the Government Titumir College since the end of January have been causing untold sufferings to public life in the city. However, lately, reports have it that on Monday evening last, the agitating students demanding conversion of their college into a...

Building commodity buffer stock

The concept of building essential commodities' buffer stock is a demand-driven policy aimed at countering price volatility and ensuring economic stability. This approach has emerged as an important recommendation by the economic restructuring committee of the interim government. Sources reveal that the Task Force on economy and development, formed by...

Promoting growth of agent banking

Introduction of agent banking system across the country has taken the banking service to the doorsteps of the common people who so long did not have access to formal financial service. In the traditional banking system, clients have to go to cities and towns for banking purposes; but it is...

Keeping up with Ramadan e-commerce boom

Ramadan is Bangladesh's Black Friday or the festival shopping season! People will be gravitating to e-commerce sites such as Daraz, Chaldal, Pickaboo, and PriyoShop for the best bargains on iftar munchies and Eid attires. Online businesses will witness a sales surge as a result of discounted flash deals, midnight buying...

Financial literacy for entrepreneurial success

Small businesses are the backbone of the economy, yet many fail in their endeavor not due to poor ideas but because of a lack of financial knowledge. Financial literacy is essential for small business owners to effectively manage cash flow, budgeting, taxation, and investment decisions. However, many entrepreneurs struggle with...

Many shades of disparities

Inequality in Bangladesh is deeply entrenched across economic, social, and political dimensions. The gap between the wealthy and the poor remains stark, with the richest controlling a disproportionate share of resources, while many in rural areas struggle with poverty, inadequate infrastructure, and limited access to essential services such as education...