Impact of social media on democracy

Faisal explained how people from different communities in India are being threatened and instigated against other groups through social media. Moving forward, he stressed on increasing the integrity and transparency of social media. According to Rezwan Islam, communications and outreach coordinator at Engage Media, the roles of individual users, fact-checkers, journalists and others will be […]

Legal concession for Nagad Digital Bank: exemption from shareholding restrictions

Digital banks also cannot provide any over-the-counter services and must provide round-the-clock service. To provide better services to the consumers, developed technology-based products including virtual cards, QR codes can be introduced but no plastic cards can be supplied. However, consumers can use ATM booths and agents of other banks to avail the services. Apart from […]

Bank Mergers: 5 Indices to Identify Weak Banks – Ensuring Financial Stability and Confidence in the Banking Sector

The Prompt Corrective Action (PCA) rules state that banks will be classified on the basis of five indices. They are – Bank Capital Adequacy Ratio, Tier-1 Capital Ratio, Common Equity Tier (CET1), Actual Defaulted Loans and Corporate Governance or Good Governance. Tier-1 capital ratio is shareholders' capital, which is the sum of the bank's capital […]

Prime Minister Hasina urged the police to serve the people and deal with terrorism. Inauguration of Police Week-2024

Various police contingents organized spectacular parades to commemorate Police Week. The theme of this year's Police Week is 'Smart Police, Smart Country, Bangladesh Peace and Progress'. The Prime Minister awarded Bangladesh Police Medal (BPM-Bravery) and 60 others with President's Police Medal (PPM-Bravery) for their courageous actions. Apart from this, 95 police members also received BPM […]

Government’s decision to cut export incentives raises concerns in Bangladesh

Exporters say the global economy is going through stress due to the coronavirus pandemic, followed by the Russia-Ukraine war and the Hamas-Israel war. Demand for various products including readymade garments has decreased. In these difficult times, the size of the Export Development Fund (EDF) was reduced last year. The cost of business is continuously increasing. […]