Banking sector needs reformation: BKMEA chief
Banking sector needs reformation: BKMEA chief

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) President Mohammad Hatem said the countrys banking sector needs reformation as lack of reform is the biggest crisis in the country from the perspective of trade and commerce. If the banking sector is not reformed, the countrys...

Four barriers to export disaster
Four barriers to export disaster

Despite the potential for growth in sectors beyond ready-made garments (RMG), many industries remain underdeveloped. Analysts cite policy challenges, funding constraints, lack of infrastructure, and the weak bargaining power of non-garment exporters as key obstacles. As a result, ready-made...

Receiver appointments deepen industry crisis
Receiver appointments deepen industry crisis

There are numerous precedents for appointing receivers in industrial establishments in the country in the aftermath of various events. However, unfortunately, in almost every case, the outcome has been unfavorable. Many once-established industrial groups have turned into moribund enterprises after...

Entrepreneurs targeted by resentment
Entrepreneurs targeted by resentment

The Bangladesh Bank or the Financial Intelligence Unit (BFIU) cannot appoint a receiver to any business entity on its own. If a receiver needs to be appointed, it requires a lengthy process. However, in recent days, several media outlets have reported that receivers have been appointed to 10...

Misinformation, media trials cripple businesses
Misinformation, media trials cripple businesses

Businessmen continue to face numerous challenges, exacerbated by media outlets that spread false information about various businesses and financial institutions. Critics argue that these unfounded rumors and fabricated statements constitute a form of media trial. The medias intense scrutiny of...