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Showing posts from September, 2014

Privatization of the public banks and the question of right or wrong

Banking sector is currently one of the most promising growth sectors in Bangladesh. For quite some time, the banks have been participating as a noteworthy contributor in the economic escalation of Bangladesh as we know it through sustainable savings and strategic investments. Both state-run banks and private banks are contributing in the process. However, speculating the huge success of private sector compared to that of public banks or state owned banks and the loss that it is causing to majority tax payers, many experts opined that government should privatize the state owned banks and save the sinking boat of the tax-paying citizens. In the vast never-ending depth of corruption, the state-banks are merely hanging in the balance. Like every other government organization; the public banks are constantly being affected by the political exploitation, lack of transparency, negligence and inefficient security system. With bad debts expanding their roots there seems no sign of recovery o...

Meena Bazar brings grocery to customers' doorstep

One of the biggest and famous chain supermarkets of Bangladesh, Meena Bazar is up to establish its online purchase of groceries as big as its fame with the rising trend of online shopping in the state. With the widely observed issue of urban people saving their time in every possible way, the idea of home delivery service has popped up where anyone can set order for their goods at www.meenabazar.com.bd and have them in their hands within 2-3 hours. It is quite a good relief for people living a frenzied lifestyle in this overly crowded and traffic packed city. Meena Bazar has been praised by those who took the home service for being very swift and punctual in delivery. For purchases over BDT 3,500, the service is absolutely free and only a fee of tk 100 for purchases below this amount. Payment can be done both during ordering online or while you receive them. This service prevails in Dhaka, Chittagong and Khulna and in 3 more cities where Gemcon Food & Agricultural Products Ltd ope...