Trade based money laundering

Money laundering and terrorist financing have become matters of grave concern around the world and with the developments in technology and inadequate legal frameworks, criminals are able to change their strategy on and off to divert the attention of law enforcement agencies to launder money and finance terrorism.

Digital finance needs more attention to drive growth in 2020

The global economy is poised for a modest rebound in 2020, as predicted by the International Monetary Fund (IMF), but economists are divided over Bangladesh’s economic growth forecasts for the fiscal year 2019-2020, which the government has set at 8.2 percent, while the World Bank has predicted a more moderate 7.2 percent.

The roadblocks to financial inclusion in Bangladesh

I had my first bank account at Sonali Bank that my father opened for me and since then I received every Eid and birthday gift money in an account payee cheque, none of which I got to use at that time.

Stock Market / A toxic sundae

Bangladesh’s stock markets have been fluctuating sharply in recent years.

Don’t throw the baby out with the bathwater

Offshore Banking Units (OBUs) of domestic banks have borrowed from banks in the euro zone at 2 percent interest rate to meet their euro liabilities against Usance Payable At Sight (UPAS) issued by them to Bangladeshi importers. Simply stated, the UPAS issuing bank