Banking sector needs extensive reform before allowing new banks

The recent discussions and media reports indicate that preparations are afoot to add nine more new banks to the country's financial industry. Industry experts and think-tanks are vocal against this move. Theoretically, one may argue, adding more banks to the banking industry may not be bad. There are many economic...

How to achieve sustainable growth in spinning industry

Spinning industry in Bangladesh has reached a mature stage and it is now looking for consolidation. Spinning mills are challenged with eroding profit margin, increasing cost of power and rise in wages, which were among the strengths only a decade ago when SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis was...