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Category Archives: Business Views & Comments

ECB rejects deflation fears as it holds rates at 0.25%

businessnews24bd.com The head of the European Central Bank (ECB) has said deflation is not a threat to the eurozone economy. The ECB kept its benchmark interest rate at 0.25% after its latest meeting. The rate was cut to its current record low in November, reports BBC. ECB president Mario Draghi said: “We have to dispense with this idea of deflation. ... Read More »

Bangladesh, KSA aim to boost business ties

businessnews24bd.com A high-level Bangladesh delegation is expected to visit Saudi Arabia soon to explore business opportunities between the two countries. Bangladesh Consulate in Jeddah has already started working to establish channels of communication between the trading communities in the port cities of Chittagong and Jeddah, according to the Arab News. Chittagong is a strategic port in Asia and the business ... Read More »

Muhith, Tofail to sit with business leaders soon

bussinessnews24bd.com The country’s top business leaders on Tuesday urged the government to use all possible means and launch an ‘image-rebuilding campaign’ immediately in an effort to let the entire world know ‘things are normal now and Bangladesh is back to business’.  Sharing their experiences, the business leaders said the country’s image abroad has ‘extensively’ been tarnished over the last one ... Read More »

Record foreign exchange reserves: A boon or bane?

Ahsan H Mansur Foreign exchange reserves of Bangladesh Bank (BB) crossed the $18 billion mark last week. This is an all time high level both in absolute dollar terms as well as in terms of import coverage of reserves (at almost six months). At this level, Bangladesh’s reserve in dollar terms is the second highest in South Asia. External sector ... Read More »

Financial hopes and fears for 2014 in the eyes of the Guardian

Will rising house prices and higher pay bring back the feelgood factor? As the Bank of England’s chief economist, Spencer Dale, pointed out recently, Britain’s microwave-like housing market tends to “turn from lukewarm to scalding hot in a matter of a few economic seconds” – and that seems to be exactly what’s happened over the past 12 months. By the ... Read More »

Global economy to be on bumpy road in 2014

Financial News Service Global economy is likely to be on a bumpy road in 2014, a year that may see higher global interest rates, a healthy downward adjustment in asset prices and a rotation away from vulnerable emerging markets in favour of selected advanced economies, a new report has shown. QNB said 2014 will “mark the end of the unprecedented ... Read More »

Nurul Matin Memorial Lecture on ‘Ethics in Banking’

By Prof Sanat Kumar Saha The 13th Nurul Matin Memorial Lecture just delivered by Professor Sanat Kumar Saha, a respected member of the BB Board of Directors and an eminent development economist of the country dwells on the theme of the “Banking System and Ethical Considerations.” The presentation is highly readable combining as it does scholarship of a high order ... Read More »

Merry Christmas and a Happy New Year

Sir  Frank Peters The season is upon us when we wish ‘Merry Christmas’ and ‘Happy New Year’ to all and sundry, but is something we really mean or something we just say to be polite or perhaps through force of habit? Christmas, no doubt, to many is special time of the year, a time of change… a time of renewal… ... Read More »

Tomorrow’s Bangladesh: The by-products of geopolitics

Rakibul Hasan Bangladesh is strategically located (historically had been demarcated in such dimension of borders) within the Indian Subcontinent. For several natural endowments, ethnology-cultural identities and political orientation, Bangladesh is always a very important existence in the South Asia. There are at least some certain reasons involving multilateral peace and security for Indian territories and regional stability. Being almost a ... Read More »

‘Evils’ apparently pulling back the democratization in Bangladesh

By Rakibul Hasan THERE are some inevitable questions, taken as proof for democracy, are yet to be answered in the context of Bangladesh. Like what is it happening in the political arena in the name of democracy in the country? Is it all about just the practice of universal suffrage? Where democracy, a rule of the people by the people ... Read More »