Why does this not surprise me?
The Neo liberal capitalism model preaches profit maximization as the way to optimize use of scarce resources. There is no morality or ethical underpinning to it. Therefore the captains of this industry will only go down the…https://t.co/klm1mwDoU2
Last week in response to a question by a newspaper reporter I gave my opinion which was reported as follows “ In recent months, our financial sector ecosystem has encountered significant challenges due to certain interventions that caused unsustainable d…https://t.co/eqPwKjq9zZ
The reason for the sharp drop looks good cosmetically but it actually just confirms large number/amount of rescheduling done before December closing. So these loans were all in order as at the last day of the year, 2022. From that day it would take 90 day…https://t.co/5XViPBpvMZ
A post from my “Memories” in FB. Thought I would share it with you . Sometimes someone says something that moves you deeply and you stop and think and perhaps say to yourself, ‘that’s a beautiful thought’…This was one of those moments. https://t.co/Bo4D4T9EZt
Are we really serious about finding a way to manage our devastating and debilitating NPL which is draining the vitals of our financial sector? In the past decade or so we have seen a lot of talk but no evidence that we really wante…https://t.co/e5St3X1Uw1 https://t.co/tnd63MRZE4
The two links below take you two news that were published in two newspapers today.
Made me wonder if the first one is the main reason for the second one.
The unrelenting toll of a cancer that is wreaking havoc on the financial industry.
We keep trying…https://t.co/2HrW8fF712
While increased interest rate is considered by economists as one of the main monetary policy tool to combat inflation but in countries like ours the erosion of purchasing power which will fuel also higher prices of many imported essentials need some comp…https://t.co/faaYJfOTtu
Rather use financial inclusion a better reason to encourage n expansion of card usage is to minimize and eventually stop all cash transaction except very small retail transaction. In developed countries even very small transactions are now being done by c…https://t.co/kaCY9oU1cs
Great initiative by the govt. it will be important to create world best practice legal and regulatory framework with robust governance standards. Corruption can only be minimized through governance. https://t.co/UTvdBX5atM
One more proof for all that the effects of climate change does not respect a country’s borders and therefore only global action can make a positive difference, https://t.co/IxSmgroVv6
I think the main objective must have been to increase the number of tax payers which according to statistics is below expected levels. I feel as a strategy thebintriduction of this tax is tactically is preferable option. https://t.co/oxjGI1DHSv
Good news for the fixed income an low income groups. However, a lot will depend on the inflationary pressure that will result from price trend of oil and energy imports and exchange rate. Inflation in the western economies will mean interest rates are unl…https://t.co/7UU9kYSSoC
If the intention is to really make the law effective the authorities have to make sure that the definition of a ‘family’ is done in a way to ensure loopholes are not used. The other is also a definition, interpretation and application issue. The regulator…https://t.co/SIysJ1GaWC
A very good initiative. If this can be replicated, it will help in looking all our international contracts and work out a percentage of local expenses for the vendor which can be settled in Taka. This should not be a one-off. https://t.co/zLdDFjTkKf