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Reformation of banking sector necessary to restore discipline
Mahfuja Mukul: There was already extreme chaos in the country’s banking sector. Massive amount of defaulted loans, money laundering, lack of good governance, poor financial health of some banks, liquidity crisis in Islamic banks and weak regulations of Bangladesh Bank have weakened the banking sector day by day. In this…
Read More »Fall of mafia Darbesh
Industry Desk: Wearing white punjabi-pajama, strong gait. At first sight he seems like an innocent, pious old man. There is no way to understand that behind this appearance is a very powerful businessman. The country’s banking sector and capital market are running under the direction of his hand.Undoubtedly, he is…
Read More »Hasina faces genocide, crimes against humanity case in ICT
Staff Correspondent: A complaint against former Prime Minister Sheikh Hasina has been filed with the investigation agency of the International Criminal Tribunal on charges of genocide and crimes against humanity.Supreme Court lawyer Gazi MH Tamim made the application yesterday on behalf of Md Bulbul Kabir, father of Arif Ahmed Siam,…
Read More »Acute food crisis may hit country
Enayet Karim: The ongoing unrest and crisis are intensifying. In the country or abroad? Constantly having to go through a turbulent time of change. In addition to man-made adverse environment, climate change and natural disasters also have to be dealt with. Several areas of the country were flooded in early…
Read More »How Islami Bank grabbed by S Alam
Silent coup held: The Economist Staff Correspondent: Islami Bank of Bangladesh has fallen into disrepair after being controlled by Chittagong-based conglomerate S Alam Group under the auspices of the government intelligence agency.On the morning of January 5, 2017, the then chairman, managing director and a vice chairman of Islami Bank…
Read More »Student-People Mass Upsurge
Bangladesh Braces for a New Start Rafiqul Islam Azad: Bangladesh is on the brink of a new beginning as the student-led mass upsurge brings an end to the 16-year misrule of the Sheikh Hasina-led Awami League government.This historic victory was achieved on the final day of their movement when students…
Read More »At least 115 killed in countrywide violence yesterday
Staff Correspondent: Even before and after Sheikh Hasina fled the country following weeks of bloody protests, incidents of people being shot was continuing.As of filing of this report till 10pm, a total of at least 110 people have died in clashes around the country, most of whom have been shot…
Read More »Call for fall of govt
Staff Correspondent: This is a new scenario. The crowd broke the dam. There are assault cases, fear of arrest. But no obstacle can stop the crowd. People of different classes and professions are protesting and have come down on the road. They want justice for the killing of the students.…
Read More »How to overcome crisis?
Dr. Enayet Karim: The situation of the country is still critical with the quota reform movement. This is the biggest shock in the 75-year political experience of Bangladesh Awami League. In a media interview, veteran political thinker, theorist and politician Badruddin Umar identified this event as the most massive mass…
Read More »Economy at stake
Zarif Mahmud: The economic crisis is deepening in the country. Not a single indicator of the economy is doing well. Foreign exchange reserves are rapidly depleting. The government has $15 billion in expendable reserves, which can cover only three months of export spending. Remittances have been relatively low in the…
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