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

Bangladesh transitioning to developing country

Graduation from least developed country (LDC) to developing country status is both a reflection of Bangladesh's commendable success in terms of key socio-economic indicators of development, and also an international recognition of this success. As may be recalled, Bangladesh was included in the LDC sub-strata among the developing countries in...

Bangabandhu centennial, golden jubilee of freedom: Ekushey Book Fair's tribute

Like a transcendental alignment, the year of 2021 has perhaps been predestined to observe and celebrate three great national events. Few nations are fortunate enough in their ability to commemorate these occasions in a row. No sooner had the nation completed the countdown to the birth centennial of the Father...

Bangladesh's trade dependency and GATT/WTO accession

It was 50 years back when Bangladesh emerged as an independent country in South Asia. The war-ravaged country without any natural resource was quite vulnerable to any disaster as more than 70 per cent of its population was very poor. It became very challenging for the inexperienced government of the...

Financial sector belies real economy's growth

Bangladesh's real economy has grown significantly, though the financial sector has not performed up to the desired level after 50 years of independence, senior economist Dr. Mohammed Farashuddin has said."The real sector of economy has grown, but the financial sector in terms of size, strength, training and efficiency has not...

An updated blueprint for progress

The country's notable achievements in the last 50 years would be fragile and frugal unless it addresses youth employment issues along with growing socio-economic inequalities as well as concentrate on structural and institutional reforms, said Dr Debapriya Bhattacharya in an interview to the FE.The distinguished fellow of the private think-tank...

The Mujibnagar Government and civil servants' role

The civil servants of Bangladesh, including members of the Police and Ansar forces, technical and professional personnel, played a crucial role in the days leading to the declaration of independence by Bangabandhu Sheikh Mujibur Rahman and the subsequent War of Independence in 1971. As the non-cooperation movement against the Pakistani...

Moral lessons of March 25 genocide

On March 25, 1971, the West Pakistan army occupation of erstwhile East Pakistan turned into a genocide. Pakistan's army unleashed a massive contingent of soldiers against Bengalis under the banner 'Operation Searchlight.' They delayed the operation until General Yahya entered West Pakistan's secure air-space after abruptly suspending tripartite-talk between Bangabandhu...