Commercial banking in Bangladesh is dominated by relationship banking, which is what breeds irregularities. But the way forward lies in reform rather than rejection.
The time for action is now. Bangladesh must look beyond Western-dominated financial institutions and embrace a multipolar financial world that offers better terms, greater sovereignty, and sustainable development.
From Pakistan to Egypt, and possibly up to Morocco in the long run, this vast region is becoming the playground of the GCC, BRICS, and a transnational Financial Industrial Complex
The damage is not only ethical but psychological. Once the collective mind learns to justify wrongdoing as survival, no institution can function. Our tragedy is not that we lack intelligence, but that we misuse it. We have mistaken cunning for cleverness and substituted wisdom with opportunism.
Everything you wanted to know about the detention of the 15 army officers and the cases against them but were afraid to ask
Why is Bangladesh rushing a typhoid vaccine lacking sufficient -- in fact any -- efficacy data? This level of irresponsibility is unacceptable. We have the capacity to supply good-quality vaccines for the protection of our children, and this should be a national priority.
India has made non-alignment and multi-lateralism the cornerstone of its foreign policy since independence. But now the time may be coming when it will have to choose a side.
Without proper planning, scientific implementation, public engagement, and addressing the root causes of deforestation, the pledge to plant 250 million trees will not succeed
The sooner we embark on our mundane journey for democracy fraught with its own setbacks and disappointments, the more likely we will find the peace, stability, and economic justice we yearn
Politics is not a moral monastery. It’s a battlefield of imperfect allies and temporary truces. If the NCP keeps attacking everyone around it, soon it will have no one left to fight beside. Reform may begin with rebellion, but it survives through relationships. And without those, no revolution lasts long enough to write its own constitution.
Proportional representation sounds fair, but can lead to fragmentation and fracture of the polity. In the Bangladeshi context, it may deliver instability we don't need.
We need to close loopholes for unilateral amendments to the Constitution, otherwise the July Charter will not be worth the paper it is written on
It is possible to create an economy that works for everyone. All that is needed is the vision and the political will to see it through.
The reason that proxy militancy is being dismantled is simple. It is no longer useful in the new world order. This is just the first step in the rise of the GCC as it takes its seat at the big table.
The interim government has done a creditable job stabilizing the economy and fixing the mess it inherited. But the incoming government is still going to have its work cut out for it, and we will need very safe hands to ensure that Bangladesh gets back on track.
NCP’s hesitation is an act of political commitment to the people of Bangladesh. It seeks to ensure that Bangladesh’s long-awaited democratic transformation is not undone by legal fragility or political opportunism.