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Tuesday, 23 April, 2024

Pens for Progress: BJFCI Unites Journalists in Shaping a More Equitable Financial World

PR Biswas
  08 Oct 2023, 00:00

We all people are consumers living in an era of digital innovations- as workers, public servants and investors. And we all have a common goal to live fairly, which requires inclusive growth and civic rights. So, we need a fair financial society where social justice, consumer rights protection and inclusive investment are indispensable for peaceful and prosperous coexistence. So, journalism should not be silent rather it can be an immediate short-term weapon to build a fair financial society. And media should evolve into highly adaptive learning organizations and undertake the job of consumer education and fighting against exploitations. Journalists should strive for innovation and enhanced efficiency as business development models are being reshaped and economic and innovation cycles are shrinking.

With an approach of collaboration and innovation, BJFCI seeks to lead journalism in a judicious manner to create a media ecosystem that will build journalists as an "independent monitor of powers" and a "voice to the voiceless". Our media ecosystem should be based on the belief that accurate, inspiring and challenging media plays an important role in consumer rights protections, inclusive investment, democratic practices and processes, which are essential to build a fair financial society that underpins a strong economy.

And last but not least, we want our journalists to have a cosmopolitan and liberal worldview. We want to make the BJFCI as a knowledge centre, a market watch-dog body and a sweet home for all. Alone we can do so little; together we can do so much. So, collaboration is part of our culture. We believe that collaboration and innovation could be potential drivers of market income inequalities to build a fair financial society to drive inclusive growth.

In today's era of innovation, globalization and interdependence are opening new opportunities through trade, investment and digital transformations for the growth of the world economy to improve the living standards of people around the world. But there remain serious challenges, including serious financial crises, consumer rights violations, exclusion, poverty and inequality within and among societies. Here journalism could be an immediate short-term weapon. Efficient and fearless journalism can remove barriers through efficient media intervention to further integration and full participation in the global economy for developing countries like Bangladesh. And collaboration and innovations can bring tangible results.

Press Freedom & Responsible Journalism

"Journalism" was born from the Enlightenment. But today, it is the force for progressive social change. But history tells us that journalists and the media have often been regarded as both heroes and villains. They have been the watchdogs of political power as well as used to trample the rights of others and support the agendas of dictators and tyrants. With few exceptions, access to media is generally blocked to citizens and, especially, alternative viewpoints. The choices of media often boil down to state-run media (often propaganda) or purely commercial (or a combination of the two) or none at all. It's a problem for everyone when the "vast wasteland" grows faster. So, the media industry itself, in many respects, is today at a crossroads.

As technological innovations have created an ever-growing media net and where the lines between users and consumers become increasingly blurred, questions of media accountability and journalists' ability continue to remain an important source of discussion. The bad news about the economy can often boost public spending and corporate investment, rather than decrease it. Financial stories are more complex and specialist than ever before. Most see financial journalism's weakness as cock up rather than conspiracy as questions have been raised about the complex ethical conflicts and more subtle conflicts of interest behind the 'bubble' journalism.

Today the free press faces a daunting set of challenges: in the face of harsh criticism from powerful politicians and the threat of lawsuits from wealthy individuals. Here freedom of the press and responsible journalism are the two crucial issues that should be addressed to build a fair financial society to drive growth. Freedom of the press and independent media play a critical role in improving governance and reducing corruption, increasing economic efficiency and stability, and creating positive social and environmental change. To build a fair financial society, it is clear that media need the right environment in terms of freedoms, capacities, and checks and balances.

So, BJFCI promotes responsible journalism and press freedom to lead journalism in a judicial manner. We believe that the ethical course of action is always the right course of action and freedom of the press is urgent for effective media intervention to lead to more effective economic policies. We focus on investigative journalism and responsible reporting, which are costly and risky for journalists. Society should come forward to help them exercise freedom of the press through their sharpen pens. They should create an environment so that the journalists can expose the truth and make them financially stable so that they can work fearlessly. Here, collaboration and innovations can bring tangible results, I believe.

LAST BUT NOT LEAST

And last but not least, we want our journalists to have a cosmopolitan and liberal worldview. Our immediate plan is to make the BJFCI as a centre of knowledge for financial and consumer journalists, a market watchdog for general consumers and an advocate of financial consumers, who are poor and low-income people.

BJFCI is an action-oriented discipline. Help us to help you.

Comments

Message From The Chief Guest / Fake news is a big threat in the field of Social Media Journalism
Message From The Special Guest / Journalists play an impressive role in capital market reform process
Dialogue of Bankers, Editors & Regulators / THE FINANCIAL SECTOR REFORM: The Roles of Media & Press Freedom
Is MFS really a game changer for poor?
Financial journalists should enrich their knowledge of financial matters

Pens for Progress: BJFCI Unites Journalists in Shaping a More Equitable Financial World

PR Biswas
  08 Oct 2023, 00:00

We all people are consumers living in an era of digital innovations- as workers, public servants and investors. And we all have a common goal to live fairly, which requires inclusive growth and civic rights. So, we need a fair financial society where social justice, consumer rights protection and inclusive investment are indispensable for peaceful and prosperous coexistence. So, journalism should not be silent rather it can be an immediate short-term weapon to build a fair financial society. And media should evolve into highly adaptive learning organizations and undertake the job of consumer education and fighting against exploitations. Journalists should strive for innovation and enhanced efficiency as business development models are being reshaped and economic and innovation cycles are shrinking.

With an approach of collaboration and innovation, BJFCI seeks to lead journalism in a judicious manner to create a media ecosystem that will build journalists as an "independent monitor of powers" and a "voice to the voiceless". Our media ecosystem should be based on the belief that accurate, inspiring and challenging media plays an important role in consumer rights protections, inclusive investment, democratic practices and processes, which are essential to build a fair financial society that underpins a strong economy.

And last but not least, we want our journalists to have a cosmopolitan and liberal worldview. We want to make the BJFCI as a knowledge centre, a market watch-dog body and a sweet home for all. Alone we can do so little; together we can do so much. So, collaboration is part of our culture. We believe that collaboration and innovation could be potential drivers of market income inequalities to build a fair financial society to drive inclusive growth.

In today's era of innovation, globalization and interdependence are opening new opportunities through trade, investment and digital transformations for the growth of the world economy to improve the living standards of people around the world. But there remain serious challenges, including serious financial crises, consumer rights violations, exclusion, poverty and inequality within and among societies. Here journalism could be an immediate short-term weapon. Efficient and fearless journalism can remove barriers through efficient media intervention to further integration and full participation in the global economy for developing countries like Bangladesh. And collaboration and innovations can bring tangible results.

Press Freedom & Responsible Journalism

"Journalism" was born from the Enlightenment. But today, it is the force for progressive social change. But history tells us that journalists and the media have often been regarded as both heroes and villains. They have been the watchdogs of political power as well as used to trample the rights of others and support the agendas of dictators and tyrants. With few exceptions, access to media is generally blocked to citizens and, especially, alternative viewpoints. The choices of media often boil down to state-run media (often propaganda) or purely commercial (or a combination of the two) or none at all. It's a problem for everyone when the "vast wasteland" grows faster. So, the media industry itself, in many respects, is today at a crossroads.

As technological innovations have created an ever-growing media net and where the lines between users and consumers become increasingly blurred, questions of media accountability and journalists' ability continue to remain an important source of discussion. The bad news about the economy can often boost public spending and corporate investment, rather than decrease it. Financial stories are more complex and specialist than ever before. Most see financial journalism's weakness as cock up rather than conspiracy as questions have been raised about the complex ethical conflicts and more subtle conflicts of interest behind the 'bubble' journalism.

Today the free press faces a daunting set of challenges: in the face of harsh criticism from powerful politicians and the threat of lawsuits from wealthy individuals. Here freedom of the press and responsible journalism are the two crucial issues that should be addressed to build a fair financial society to drive growth. Freedom of the press and independent media play a critical role in improving governance and reducing corruption, increasing economic efficiency and stability, and creating positive social and environmental change. To build a fair financial society, it is clear that media need the right environment in terms of freedoms, capacities, and checks and balances.

So, BJFCI promotes responsible journalism and press freedom to lead journalism in a judicial manner. We believe that the ethical course of action is always the right course of action and freedom of the press is urgent for effective media intervention to lead to more effective economic policies. We focus on investigative journalism and responsible reporting, which are costly and risky for journalists. Society should come forward to help them exercise freedom of the press through their sharpen pens. They should create an environment so that the journalists can expose the truth and make them financially stable so that they can work fearlessly. Here, collaboration and innovations can bring tangible results, I believe.

LAST BUT NOT LEAST

And last but not least, we want our journalists to have a cosmopolitan and liberal worldview. Our immediate plan is to make the BJFCI as a centre of knowledge for financial and consumer journalists, a market watchdog for general consumers and an advocate of financial consumers, who are poor and low-income people.

BJFCI is an action-oriented discipline. Help us to help you.

Comments

Message From The Chief Guest / Fake news is a big threat in the field of Social Media Journalism
Message From The Special Guest / Journalists play an impressive role in capital market reform process
Dialogue of Bankers, Editors & Regulators / THE FINANCIAL SECTOR REFORM: The Roles of Media & Press Freedom
Is MFS really a game changer for poor?
Financial journalists should enrich their knowledge of financial matters