Next test for microfinance
Few countries have shaped the global discourse on microfinance as profoundly as Bangladesh has, where the model emerged as a tool for poverty alleviation and social empowerment. Over decades, it has extended credit and basic financial services to millions excluded from conventional banking, attracting both praise and criticism. Now, with...
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Building a repository of Other Financial Corporations
To improve the quality of financial statistics, Bangladesh Bank has started conducting quarterly surveys on Other Financial Corporations (OFCs). The first report has been released, presenting the sector’s status by the end of fiscal year 2024-25 (FY25). The findings show that the sector remains small, accounting for less than 5...
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Seven-college issues demand urgent action
The government’s initiative to establish a new public university – Dhaka Central University – by bringing together the seven colleges de-affiliated from Dhaka University has stuck in limbo for nearly a year. Disagreements over the proposed institutional structure and the draft ordinance have emerged as the main obstacles in kick-starting...
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Free public life from suffering
The blockade of the capital by students demanding the merger of seven government colleges has inflicted immense suffering on public life. Office-goers, school students and even critically ill patients have been stranded on the roads for hours, enduring severe hardship. Videos circulating on social media reveal distressing scenes-people desperately rushing...
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Why are we ignoring risk shield?
Imagine this: out of every 10 people in Bangladesh, only one is financially protected against floods, fires, health emergencies, or industrial accidents. The other nine face the full brunt of disaster, often losing everything they have worked for.Despite being the backbone of economic stability, insurance reaches only 1.9 crore people...
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