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Banks' deposits need appropriate insurance coverage

MS Siddiqui

Financial sector of Bangladesh is dominated by the banking.The poor performance of capital market emphasizes the importance of the bankingsector's stability. It requires multilayer protective mechanism; depositinsurance system is one of them.The deposit insurance system is designed to eliminate the risk of losingdeposit with a bank as it offers protection to, at least, the small ...

BB plans to rehabilitate sick enterprises

MS Siddiqui

A business unit may face several odds during its implementation and operation stage because of a number of factors in the environment - internal and external. Industrial sickness does not occur suddenly in the life cycle of an industrial unit. It does not develop in a single day or does not burst overnight. There are ...

Can Bangladesh face new US tariff with weak policy?

MS Siddiqui

Concluding partUnder the new plan, a minimum 10 percent tariff will apply to all US imports, while steeper, country-specific "reciprocal" tariffs will target around 60 nations, including Bangladesh. Previously, Bangladeshi goods entered the US market with an average duty of 15.62 percent.The newly imposed 37 percent tariff places Bangladesh among the higher-penalised countries under the ...

Can Bangladesh face new US tariff with weak policy?

MS Siddiqui

Part 1US President Donald Trump signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled "Make America Wealthy Again" at the White House in Washington, DC, on April 2, 2025. He has imposed a minimum 10% tariff on all exporters to the US and slap additional duties on ...

Glacier preservation needed to face devastating water crisis

MS Siddiqui

Concluding PartToday, water is under extreme threat from a growing population, increasing demands of agriculture and industry, and the worsening impacts of climate change.The challenges Facing the Water Resources are:* Rivers, lakes, and oceans are marred by the sight of plastic bottles, wrappers, and other debris, not only tarnishing their appearance but also endangering the ...

Glacier preservation needed to face devastating water crisis

MS Siddiqui

PART 1Water is a rights issue with the recognition in July 2010 by the United Nations General Assembly (UNGA) of the human right to water and sanitation. The Assembly recognized the right of every human being to have access to enough water for personal and domestic uses, meaning between 50 and 100 litres of water ...

Expectations from independent bank resolution authority

MS Siddiqui

Policy makers in Bangladesh don't want any financial institute to become bankrupt. The condition of a few crisis-hit banks is at the stage of bankruptcy, but the government has no plan to put those banks to bankruptcy process. The present interim government believes the ailing banks can stage a comeback if they get policy support ...

Differences between syndicate and cartel

MS Siddiqui

Bangladesh Competition Commission (BCC) has issued a (without date and reference number) public notice uploaded in their website warning against formation 'syndicate' to disrupt supply chain. The Competition Act 2012 prohibits the anti-competition agreement including cartel in section15. The cartel has been defined in the 2(e) of the Competition Act as "cartel" (price fixing, predatory ...

Advance tax and VAT barrier to CMSME development

MS Siddiqui

Development of Cottage, Micro, Small and Medium Enterprises (CMSMEs) is envisaged as a key element in this development strategy in all categories of economies. CMSMEs can be called the heart of the business for their significant role in the supply chain, simultaneously helping in industrialisation. The development of entrepreneurship started with CMSMEs and leading to ...

Our airport ground handling services should be competitive

MS Siddiqui

The Airport Ground Handling Market encompasses services that support aircraft operations at airports, such as passenger handling, baggage handling, ramp services, cargo handling, and aircraft cleaning. This industry requires seamless coordination between airlines, airports, and ground-handling service providers to ensure safe and efficient operations. Airlines and airports are increasingly seeking cost optimization, improved efficiency, and ...