Nigar Sultana | 2022-06-07 00:00:00
Life is tough for pensioners and senior citizens in Bangladesh. The woes of pensioners, especially if they do not belong to the privileged classes, know no limits in this country. Against the backdrop of a very tense global economy, affected...
Syed Fattahul Alim | 2022-06-07 00:00:00
With the Ukraine war raging, the issue of energy security has now topped the agenda, globally. Since, according to the International Energy Agency (IEA), Russia is the world's largest oil exporter and Europe keeps warm with its (Russia's) gas, what...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-06-07 00:00:00
Bangladesh's external sector has never been under so much pressure experiencing such volatility as in the recent past. Trade deficit is anticipated to cross US$ 30.0 billion mark, current account deficit the US$ 18.0 billion mark and the negative overall...
REZAUL KARIM | 2022-06-06 00:00:00
The government has so far failed to procure soybean oil required for selling at a subsidised rate among 10 million families ahead of Eid-ul-Azha.The Trading Corporation of Bangladesh (TCB) had floated tenders twice last month - one on May 12...
SIDDIQUE ISLAM | 2022-06-06 00:00:00
The amount of classified loans in Bangladesh's banking system increased further by nearly 10 per cent or Tk 101.67 billion in the first quarter (Q1) of 2022, as the central bank revoked policy relaxation on loan repayment.The non-performing loans (NPLs)...
REZAUL KARIM | 2022-06-06 00:00:00
Africa as a resource-rich continent can be the most viable place for business and commercial activities of Bangladesh.With its 1.3-billion people, Africa is a magnet for expansion of trade, as Bangladesh Mission in Ethiopia recently cited this in a letter...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-06-06 00:00:00
Bangladesh economy is facing several challenges in the backdrop of global political and economic crises. In the context of high inflationary pressure, deficits in trade and current account, exchange rate volatility, and pressure on foreign exchange reserve, macroeconomic management will...
Doulot Akter Mala | 2022-06-05 00:00:00
The small and medium enterprises (SMEs) that mainly supply accessories and supporting goods to the large manufacturers are struggling to survive allegedly due to high advance taxes like the TDS (Tax Deducted at Source).This type of tax has made them...
A K Abdul Momen | 2022-06-05 00:00:00
Let me tell you a story from my childhood. I come from Sylhet and it has a big 'Mazar Sharif' known as Hazrat Shahjalal's Darga Sharif. It has big pots to cook food for thousands. These pots are huge. When...
Asjadul Kibria | 2022-06-05 00:00:00
After two years' hiatus due to the Covid-19 pandemic, Saudi Arabia has reopened the Hajj pilgrimage for the rest of the world with some conditions in the current year. Muslims across the world eagerly wait for the annual pilgrimage, to...
Syed Fattahul Alim | 2022-06-04 12:00:00
The country's central bank, the Bangladesh Bank (BB), is learnt to have found that certain state-owned as well as privately-run commercial banks have been providing false information about the reserve of US dollar and purchasing remittance dollars at a higher...
ISMAIL HOSSAIN | 2022-06-04 00:00:00
Internet service providers (ISPs) seek a reviewed tender call dividing Bangladesh into several blocks to let all ISPs join the process of connecting broadband to 41,000 primary schools."There must be opportunities for small ISPs to participate in the tender for...
REZAUL KARIM | 2022-06-04 00:00:00
An apparel-sector body has submitted to the government a crisis-management package proposal including zero-duty raw materials and trade deal with potential markets for boosting knit-garment exports in the crunch time. The knitwear manufacturers and exporters also seek keeping government's different...
SYFUL ISLAM | 2022-06-04 00:00:00
The government is yet to start the procedures to defer implementation of the less- important development projects in order to curb spending from foreign-currency reserves amid its fast depletion, officials said.The wing concerned of the Ministry of Finance (MoF) did...
NAZIMUDDIN SHYAMOL | 2022-06-04 00:00:00
CHATTOGRAM, June 03: The Matarbari deep-sea port will be connected by a train link with the port city and Dhaka as a new railway track will be set up leading to the Chattogram-Gumdum-Cox's Bazar dual gauge double line. Sources said...
Abdulla-Al-Mamun | 2022-06-04 00:00:00
Bangladesh Academy for Rural Development (BARD) is a pioneer institute in the field of rural development in Bangladesh. The journey of this pioneering institute started 63 years ago on 27 May 1959. BARD is located in a beautiful natural setting...
Md. Touhidul Alam Khan | 2022-06-04 00:00:00
World Environment Day (WED) is an important occasion to recognise environmental efforts and celebrate the importance of protecting the environment for human existence. Every day, even without knowing it, we are harming our environment in one way or another. Our...
Hasnat M Alamgir | 2022-06-04 00:00:00
Patients in Bangladesh in general express displeasure and frustration at the services they receive from many healthcare facilities, particularly those from public sector providers and lesser-known, smaller private facilities. Services are also perceived to be poorer in quality and inadequate...
SIDDIQUE ISLAM | 2022-06-03 00:00:00
The local currency depreciated significantly against the US dollar Thursday as Bangladesh again allowed banks to fix their exchange rates freely on the foreign-exchange market, officials said.The central bank allowed the authorised dealer (AD) banks to fix their exchange rates...
M. Kabir Hasan and Mohammad Dulal Miah | 2022-06-03 00:00:00
South Asian economies are cruising through a tough time in terms of macroeconomic stability. Sri Lanka is already on the verge of economic collapse; the economic strength and stability of Pakistan have been gradually turning from bad to worse. India,...
Doulot Akter Mala | 2022-06-02 00:00:00
The government is likely to consider providing tax benefits to local manufacturers of ICT products in the upcoming budget for fiscal year (FY) 2022-23, while imposing high taxes on import of finished goods, sources said.The imports of raw materials for...
Siddique Islam | 2022-06-02 00:00:00
Devious deals by banks trigger current forex volatility in Bangladesh, a probe finds and the central bank begins quizzing them over the anomalies, officials say. The Bangladesh Bank is seeking clarification from the suspect banks particularly on conceal of information...
Syed L. Ali Bahram | 2022-06-02 00:00:00
In the last 12 years or so the country witnessed a good number of development projects which can be termed as mega projects. The mega projects, whose completion is expected to raise Bangladesh's GDP by as much as 4 per...
Julian Francis | 2022-06-02 00:00:00
I have seen Zahid Huq's 'Opinion' writing of May 27, 2022, and thought that I should point out that this kind of corruption has been going on forever and is clearly commonplace regardless of the government is in power. It...
Syed Badrul Ahsan | 2022-06-02 00:00:00
Britain's Queen Elizabeth II is in the seventieth year of her reign as monarch. The sense of excitement in the platinum jubilee celebrations of her years as sovereign is therefore one that is perceptible all across the country. For the...
SYFUL ISLAM | 2022-06-01 00:00:00
A new entity of the Sonali Bank Ltd will be set up in the United Kingdom as the existing one will be shut in August next being ordered by the Bank of England, officials said.The new body will be named...
MUNIMA SULTANA | 2022-06-01 00:00:00
The Korean company which was selected as the operation and maintenance (O&M) operator of part of the Padma Bridge is set to do the same for the country's first expressway.The Dhaka-Mawa-Pachchar-Bhanga expressway is connected on both sides of the country's...
DOULOT AKTER MALA | 2022-06-01 00:00:00
Submitting proof of tax-return submission may be mandatory for availing different services in public and private entities from the upcoming fiscal year, as a preventive measure against TIN tricks.Currently, these services from public and private entities could be taken on...
REZAUL KARIM | 2022-06-01 00:00:00
Against a backdrop of the soaring prices of edible oil in the country, the government is set to take an initiative to devise strategies for ramping up rice bran oil production aiming to cut dependency on widely-consumed soybean and palm...
Siddique Islam | 2022-06-01 00:00:00
Mercantile Bank Limited (MBL) has planned to bring more un-banked people into its network through setting up more sub-branches and agent banking outlets across the country, the bank's top executive has said. "We're giving priority to ensure achieving sustainable business...
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