Why BB Order and Bank Company Act require review
Responsible for much of the country's economic malaise are some banks that failed not only to perform their stated duties but also bungled banking provisions in order to allow wide-scale misappropriation of funds. Some directors on the boards of a few banks took loans of fabulous amounts from each other's...
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Time to decentralise and unify Dhaka's governance
Dhaka as a city is imploding. Overpopulation, civic amenities overburdened and only a limited mass transit system, traffic congestion, unregulated high-rises defying building codes, festering slums and finally insecurity have made this capital city a living hell. This cannot go on. The capital city has already earned the dubious distinction...
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Circuit breaker needed to check loan defaults
It's no secret that wilful loan defaulters are bleeding Bangladeshi banks dry. Loan defaults are not unusual in banking systems worldwide. They occur often, sometimes due to procedural weaknesses or poor choices. Lehman Brothers defaulted due to reckless investments in subprime mortgages. China's Evergrande Group fell under the weight of...
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Is cultural degradation at work?
Bangladesh is going through a cultural change due to globalisation. Some regard this shift as social degeneration, while others refer to it as the Cultural Revolution. There have been conflicting responses in society to cultural shifts in the name of Western values such as feminism, LGBTQ movements, and so-called modernism...
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Building an inclusive society
Despite the existence of laws aimed at protecting the rights of persons with disabilities, social stigma and inadequate implementation continue to marginalise this vulnerable group. Many individuals with disabilities face barriers in accessing education, healthcare, and employment opportunities. In schools, a lack of inclusive facilities often leads to the exclusion...
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