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Embrace Asian-led economic order, boost private sector: Rehman Sobhan

Economist Rehman Sobhan has called on Bangladesh to strengthen its private sector and adopt more agile, forward-looking policies to keep pace with the rapidly shifting global economy. Speaking at the “Bay of Bengal Conversation,” organised by the Centre for Governance Studies (CGS) in Dhaka on Saturday, Sobhan warned that without …

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Agent banking drives women’s participation, rural remittances

Agent banking is rapidly expanding financial inclusion across Bangladesh, significantly boosting women’s participation in the formal economy and driving strong growth in remittance transactions. According to Bangladesh Bank, agent banking has evolved from a basic transaction platform into a key driver of women’s empowerment in rural areas and an essential …

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Governance failure stalls financial sector progress: BB governor

Bangladesh’s financial sector has fallen short of expectations due to prolonged governance failure, weak regulatory enforcement and delayed reforms, despite commendable growth in the broader economy, Bangladesh Bank Governor Ahsan H Mansur said today. He also described the sector’s overall performance as “disappointingly behind”, blaming structural weaknesses that remain largely …

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