Rising import and its consequences
When a country's imports rise, the immediate reaction may be disquieting unless it is complemented by corresponding rise in export. But import of not all items is likely to be alarming for a country embarking on modest and select industrialisation. In that case import of capital machinery shows that the...
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The abuse of stock dividends!
The month of October is the usual time for declaration of dividends by companies listed on the bourses in Bangladesh whose accounting year ended in June. These companies could have declared dividends for the stock investors even before i.e., in the period between July to September, but most of the...
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Raising competitiveness of local products
The draft Export Policy 2018-21 received cabinet approval this week with a view to, what the government claims, infusing dynamism into export operations, enhance competitiveness in trade and commerce.The authorities expressed the hope that the policy, if implemented properly, will strengthen the position of Bangladesh in the competitive world. The...
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Zimbabwe stun BD in first Test
Visiting Zimbabwe stunned hosts Bangladesh by winning their first away Test match in 17 years at the newly-unveiled Test venue - Sylhet International Stadium on November 6. By winning the match, the Zimbabweans took an unassailable 1-0 lead in the two-Test series.This defeat on home soil is quite embarrassing for...
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Income tax is vital for development of the economy
Revenue fuels growth and development of any economy. As a result, taxes - especially income tax - are an important source of revenue that helps any economy grow. This narrative is no different for Bangladesh. Every year, the government collects a vast sum of revenue, and fortunately this amount is...
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