Speakers at a seminar said yesterday high fees charged by financial institutions and low level of banking penetration among rural people prompted non-residents Bangladeshis (NRBs) to use informal channels to remit money from abroad.
Oracle Corp. last month officially closed its $8.5 billion acquisition of middleware and tools vendor BEA Systems. Since the deal was announced earlier this year, industry analysts have been split on whether the consolidation of two key players in the Java infrastructure market will put the squeeze on Microsoft's .NET-based middleware and service-oriented architecture (SOA) strategies.
The government should secure equal share of ancestral inheritance for women and increase allocation of development budget for women, General Secretary of Bangladesh Economic Association (BEA) Prof Abul Barakat said yesterday
