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BSS Financial Information
Service (BFIS) launched
Bangladesh
Sangbad Sangstha (BSS), the national news agency, on 11 November 2002
launched its new financial news window styled as `BSS Financial
Information Service (BFIS)' to serve the country's trade and industry,
banking and finance.
This is the
first ever financial news service in the country launched by the apex news
agency to help boost the country's business sector development.
Finance and Planning Minister M Saifur Rahman formally launched the
service by switching on its online wide area network at a function at the
National Press Club.
Speaking on the occasion the finance minister praised the initiative
pointing out that the economic and financial sector information has so far
remained a `virtual empty area' in the country, causing disadvantage to
vital decision making.
Underlining the growing importance of information economics in recent
time, the finance minister said, the BFIS would go a long way to fill the
growing information gap in the financial sector.
Information Minister Tariqul Islam was the special guest at the event.
Chaired by Prof. Emaj Uddin Ahmed, chairman of the BSS Board of Governors,
Information Secretary Nazmul Alam Siddiqui, Managing Director and Chief
Editor of BSS Amanullah Kabir, Dr. M Asaduzzaman, Research Director of
BIDS and Project Director of Sustainable Development Networking Program
(SDNP), BSS Managing Editor Mofakkharul Anam spoke on the occasion.
Pointing to insufficient flow of information on business and other
subjects dealing with economic and financial matters, trade, industry,
balance of payment, reserves, market analysis and such other matters, the
finance minister said in many cases he has to depend on foreign news
magazines and dailies to understand the Bangladesh situation.
He said as finance minister he would like to catch many people cheating
the government but he could not do it in absence of credible financial
news. The finance minister said since now the government can rely on the
BFIS news in taking important decisions involving financial matters.
Information minister Tariqul Islam commended the new venture, saying he
hoped this would be feather in the cap of the BSS both financially and
prestige wise
Financial
Information Service (BFIS) is developed with technical Support from
Sustainable Development Networking Programme (SDNP) a BIDS project funded
by UNDP.
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