NOWSHABA ACHAL | 2024-05-15 00:00:00
Imagine a relaxing weekend afternoon when you start to watch a show with the intention of watching only one episode. But before you realise how time has passed, you end up watching an entire season. This is a common scenario...
GULAM RABBANI | 2024-05-14 00:00:00
The funding for the Dhaka Elevated Expressway project remains in limbo months after Chinese lenders halted financing in January 2024.Contractors for the project, whose alleged violation of contracts led to the Chinese funding drying up, say they began searching for...
DOULOT AKTER MALA | 2024-05-14 00:00:00
The government is likely to set a Tk 4.80-trillion tax-revenue-collection target for the National Board of Revenue in the next fiscal year, according to sources, which will be a 17.07-per-cent increase over the revised target of Tk 4.10 trillion for...
SYFUL ISLAM | 2024-05-14 00:00:00
Curbing inflationary pressures on people, enhancing revenue, discouraging import of luxury items and augment foreign direct investment (FDI) are must-do instructions for finance officials finalising next fiscal budget. They also have to make sure that the election manifesto of the...
Syed Fattahul Alim | 2024-05-14 00:00:00
The country's central bank, Bangladesh Bank (BB), has been trying to rein in inflation by reducing money supply, and to this end has raised the policy rate (the rate at which commercial banks borrow money from central bank) to 8.5...
Abdullah-Al-Mamun | 2024-05-14 00:00:00
Bangladesh will surely have an improved brand image after the LDC graduation in 2026. However, the items on the list of challenges will be increased, particularly in the area of international trade, where the country will lose preferences and privileges...
GULAM RABBANI | 2024-05-13 00:00:00
A captain of the Biman Bangladesh Airlines has got only a 'letter of caution' though he committed an offence of death penalty or life imprisonment with a Tk 50-million fine.Ali Rubyat Chowdhury, a captain of Dash-8 Q400 aircraft, committed offence...
NAZIMUDDIN SHYAMOL | 2024-05-13 00:00:00
CHATTOGRAM: Finally, the anxiety and tension experienced by the family members of the Bangladeshi flag carrier ship MV Abdullah will come to an end tomorrow (Tuesday).The ship was hijacked by Somali pirates on March 12 and released after 32 days...
DOULOT AKTER MALA | 2024-05-13 00:00:00
Zero-rated import taxing is no more as a catch-all tax dragnet is being set in the upcoming budget to spare none, nor even the special- privilege-enjoying lawmakers, sources say.A provision of nominal taxes is envisaged to replace the complete waiver,...
MOHAMMAD MUFAZZAL | 2024-05-13 00:00:00
The regulator considers dividing listed securities into two categories -- one for non-performing stocks and the other for the remaining securities -- to encourage investors to assess them based on companies' fundamental strength. At present, stocks are labelled as 'A',...
Neil Ray | 2024-05-13 00:00:00
Who says Bangladesh belongs to a globally interconnected world? To the country the global village is a misnomer and it is an isolated island so far as its commodity market is concerned. At a time when the World Bank (WB)...
Syed Fattahul Alim | 2024-05-13 00:00:00
The precious yellow metal, gold, has caught the imagination of investors, particularly of the central banks of emerging markets and developing economies (EMDEs). Global economic uncertainties caused by persistent inflation and recession in the advanced economies, which were further exacerbated...
Mohammad Mufazzal | 2024-05-12 12:00:00
The securities regulator has decided to hand over the responsibility of dealing with initial public offerings (IPOs) to the stock exchanges. So, from now on, the bourses will scrutinise IPO proposals and sit with issuers, auditors, or any other parties...
Doulot Akter Mala | 2024-05-12 00:00:00
The National Board of Revenue (NBR) is considering a move to a 'self-assessment' only system for corporate tax returns, where companies would declare their own assets and income from the next fiscal year. Under this system, taxmen would not instantly...
NAZIMUDDIN SHYAMOL | 2024-05-12 00:00:00
CHATTOGRAM, May 11: A delegation of Abu Dhabi Ports Group will visit Chittagong Port on Monday with an intention to invest in the construction of Bay Terminal.Official sources have said foreign investors are showing interest in constructing Bay Terminal under...
Yeasin Arafat Limon and Afsara Tasnim Ayshi | 2024-05-12 00:00:00
The saying "A nation's culture resides in the hearts and in the soul of its people" highlights how important culture is to a country and its citizens. It suggests that to truly understand who we are as a nation, we...
Afzlul Haq | 2024-05-12 00:00:00
In the backdrop of expansion of Islamic banking operators in the country, recently this scribe attended few seminars on Islamic banking. In most cases, he observed debates on two different methods of 'profit distribution' to the Mudaraba depositors. For the...
Atiqul Kabir Tuhin | 2024-05-12 00:00:00
The rapid evolution driven by the Fourth Industrial Revolution is reshaping how people think, live, work, and learn. In this dynamic landscape, Science, Technology, Engineering and Math (STEM) education is a vital tool to properly equip students with the skills...
Asjadul Kibria | 2024-05-12 00:00:00
When the then finance minister presented the national budget for the current fiscal year in parliament in June last year, he had taken into consideration at least six points while making proposals regarding duties and taxes at import stages. One...
Hasnat Abdul Hye | 2024-05-11 12:00:00
Since its Caesarean birth in 1948 in Palestine, with the colonial powers acting as the midwives, the state of Israel has played the role of victim capitalising on the legacy of holocaust during the second world war. The allied powers...
REZAUL KARIM | 2024-05-11 00:00:00
Depositors are deserting the state-owned BASIC bank amid its merger troubles and the management seeks government intervention with bailout pending amalgamation with a private bank, sources said.Although the financial health remained poor previously following its loan scams, they said, the...
SYFUL ISLAM | 2024-05-11 00:00:00
Another Tk 52 billion has been sought for dredging just after the spending of Tk 65 billion mostly from Bangladesh's scarce forex reserves for conducting capital-and-maintenance dredging of Payra seaport's Rabnabad channel.Some appear pessimistic in commenting on the port's viability...
NAZIMUDDIN SHYAMOL | 2024-05-11 00:00:00
CHATTOGRAM, May 08: The Chattogram Water Supply and Sewerage Authority (CWASA) is going to implement the sewerage system in the port city finally after 53 years into independence.The aim of the project is to address the sewerage disposal problem in...
GULAM RABBANI | 2024-05-11 00:00:00
A probe body formed by the Ministry of Civil Aviation and Tourism has found allegations of irregularities in the 2022 recruitment process of 14 Boeing 777 pilots by Biman Bangladesh Airlines to be true.Complying with an earlier order, the probe...
Labiba Rahman | 2024-05-11 00:00:00
As one of the largest and most disaster-prone populous deltas in the world, Bangladesh is beset by over 10 million climate refugees, with an estimated 2,000 people moving to Dhaka every day. The infrastructurally underdeveloped megacity, already groaning under the...
Nilratan Halder | 2024-05-11 00:00:00
To say it was magical is an understatement. But when the rain came after the longest spell of blistering heat on record pushing the mercury down, it was unbelievable. No, the heavenly blessing did not soak parching Dhaka city all...
Syed Badrul Ahsan | 2024-05-10 00:00:00
One more Pnochishe Baishakh has gone by. Once more we have had cause to celebrate the Bard whose poetry has lifted us all in the councils of the world, whose assertions of individual freedom have underscored his relevance in the...
Nilratan Halder | 2024-05-10 00:00:00
Notwithstanding amazing success in agricultural production, both food security and safety in Bangladesh are now suspect. The myth of self-sufficiency in food — actually meaning staples or more precisely rice — has got busted. Earlier there was a litany of...
BABUL BARMAN | 2024-05-09 00:00:00
A strong dollar and runaway inflation continued to hit the businesses of general insurers, dragging down profits of most of them in 2023, compared to the year before.Almost all business activities in the country remained sluggish in 2023, owing to...
DOULOT AKTER MALA | 2024-05-09 00:00:00
A tax expenditure committee has recommended narrowing the tax gap between publicly traded and private limited companies. It also proposes phasing out tax exemptions on capital gains for individual investors in the capital market. Share capital gains are the largest...
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