Shamsul Huq Zahid | 2022-01-03 00:00:00
The situation with the non-performing loans (NPLs) in the country's banking sector is quite perplexing. The size of the NPLs, huge as it is, according to the Prime Minister's Economic Affairs Adviser, Dr Mashiur Rahman, has now gone beyond control....
Maswood Alam Khan | 2022-01-03 00:00:00
When governments buy products and services, corruption occurs in all parts of the world. Bangladesh is no exception. Corruption has historically been rife in public procurements on our soil due to a lack of checks and balances. When public officials...
MOHAMMAD MUFAZZAL | 2022-01-02 00:00:00
The securities regulator has recommended making tax-exemption facility available for all investors in all types of bonds to help encourage mobilisation of funds from the capital market for the sake of the country's industrialisation.The Bangladesh Securities and Exchange Commission (BSEC)...
DOULOT AKTER MALA | 2022-01-02 00:00:00
Corporate tax returns submitted annually in Bangladesh have staggered around only 30,000 during the last seven years despite its economy having nearly tripled in size during the period, as many companies skip costly compliance, sources say. Official statistics show the...
SIDDIQUE ISLAM | 2022-01-01 00:00:00
Bangladesh's private commercial banks (PCBs) saw their operating profit grow substantially in the just-concluded calendar year chiefly for lower cost of funds and private-sector- credit growth, sources say.A rebound in foreign trade, covering export and import, from the previous year's...
SYFUL ISLAM | 2022-01-01 00:00:00
Construction of the country's first agrivoltaic solar power plant is set to begin soon, with the signing of a power purchase agreement with Bangladesh Power Development Board (BPDB) last Wednesday.Soudia Agro Solar PV Power Plant Ltd managing director Mumtahina Mostafa...
BABUL BARMAN | 2022-01-01 00:00:00
Stocks bounced back in the final week of 2021, offering a ray of hope for the market into the New Year, with investors showing their buying interest in sector-specific issues.The week featured five trading days as usual, with three sessions...
Monirul Haque Rony | 2022-01-01 00:00:00
As the world just started turning around after the first and second shocks from the Corona, its new variant, Omicron, is giving the world an anxious time. The World Health Organisation (WHO) has already described it as a 'variant of...
Syed Fattahul Alim | 2022-01-01 00:00:00
The rising inflation is a headache not only for the policymakers in Bangladesh but also for their kinds everywhere. It is a global issue. But for the common people, inflation means erosion of their real income. As economists differ on...
MUNIMA SULTANA | 2021-12-31 12:00:00
The country's communications sector witnessed a mixed experience of success and failure in the year 2021. The development projects have made some progress despite being affected by the Covid-19 pandemic, but the transportation services segment experienced severe accidents while travellers'...
MOHAMMAD MUFAZZAL and BABUL BARMAN | 2021-12-31 00:00:00
The country's capital market passed yet another eventful year with a 25 per cent return in the core index of the main bourse despite tussles between the two regulatory bodies concerned over some policy issues.During the outgoing year 2021, the...
DOULOT AKTER MALA | 2021-12-31 00:00:00
Businesses will have to pay VAT amounting to Tk 5.0 million and above in a single challan through online mode on a mandatory basis from January 1, 2022 (Saturday).The National Board of Revenue (NBR) made the e-payment mandatory by issuing...
SIDDIQUE ISLAM | 2021-12-31 00:00:00
The central bank relaxes further the loan-repayment policy for all the sectors to expedite Bangladesh's economic recovery from the fallout of Covid-19 pandemic.Under the relaxed stance, the borrowers will get a fresh chance to remain unclassified if they repay minimum...
Joydeep Sinha Roy, Narayan Das and Tanjim-Ul-Islam | 2021-12-31 00:00:00
Youth unemployment is a burning issue for Bangladesh's economy. According to the Quarterly Labour Force Survey 2015/16, the youth unemployment rate stands at a staggering 8.7 per cent whereas the national unemployment rate is 4.2 per cent. Hence, the severity...
Ozair Islam | 2021-12-31 00:00:00
In March 2014, Malé decided to close its High Commission office in Dhaka because of the reduction in the annual budget. At that time, Dhaka offered to pay the rent for the Maldives' embassy office and bear other official expenditures...
Nilratan Halder | 2021-12-31 00:00:00
As the curtain is about to fall on a year that has seen both unprecedented highs and lows in human spirit on account of the worst pandemic in history, the world people look forward to the New Year for a...
MOHAMMAD MUFAZZAL | 2021-12-30 00:00:00
Around half of the active BO (beneficiary owner) accounts have not played any role in daily transactions over the years as those accounts either have zero balance or have never been used in share trading.On the other hand, an investor...
MOHAMMAD MUFAZZAL | 2021-12-30 00:00:00
The securities regulator has decided to keep unchanged the banks' 'full discretion' regarding cancellation of distributions or payments - to facilitate their capital formation through issuing perpetual bonds.In a letter, sent to the Bangladesh Bank (BB) on Wednesday, the Bangladesh...
SIDDIQUE ISLAM | 2021-12-30 00:00:00
Bangladesh's hungry securities market swallows a gain-only bond as the Tk 50-billion government Sukuk was oversubscribed nearly five times to Tk 233.04 billion in its auction held Wednesday.A total of 31 institutions -- both conventional and Shariah-compliant financial institutions --...
Ipshita Maliat Rahman | 2021-12-30 00:00:00
Youth must be one of the most confusing states ever. One day someone is a student full of energy doing every activity under the sky, and the next day they're expected to work to pay bills, take responsibility, and start...
Hasnat Abdul Hye | 2021-12-30 00:00:00
From the Alpine valley where geologist Jean-Pierre Perraudin found a huge boulder in 1815 and wondered how did it settle there to the city of Glasgow where the COP-26 the annual conference of countries was held under the UN Framework...
Masum Billah | 2021-12-30 00:00:00
Media reports and practical situation clearly hinted that students are not going to get new textbooks on the first day of the New Year (2022). The NCTB has released the news that pre-primary students usually don't get free textbooks, they...
Hasnat M Alamgir | 2021-12-30 00:00:00
Elderly population (65+) in Bangladesh will reportedly make 16.30 per cent (31,413,697) of the total estimated population of 192,690,991 in 2051-- only in thirty years from its 2021 share of 5.33 per cent (8,865,237) out of the current total population...
SIDDIQUE ISLAM | 2021-12-29 00:00:00
The central bank has relaxed further the loan repayment policy for the cottage, micro, small and medium enterprises (CMSMEs) to help them expedite their recovery effort from the fallouts of Covid-19 pandemic.The borrowers under the stimulus package will now have...
REZAUL KARIM | 2021-12-29 00:00:00
Thailand has decided to offer the duty-free, quota-free (DFQF) facility for Bangladeshi products in its market until 2026 to enhance bilateral trade volume, officials said.The previous such arrangement between the countries expired on December 31, 2020.The Thai Embassy in Dhaka...
DOULOT AKTER MALA | 2021-12-29 00:00:00
A large number of Bangladeshi subscribers to global technological giants are subjected to double taxation for legal lacuna and lack of expertise to track transactions by the non-resident companies, sources say.Those who are placing any advertisement with or obtaining any...
Syed Badrul Ahsan | 2021-12-29 00:00:00
Archbishop Desmond Tutu's death at the age of ninety takes away from our mortal world one more of the individuals who have shaped modern South Africa. And modern in this context refers to the country as it emerged following the...
SIDDIQUE ISLAM | 2021-12-28 00:00:00
Bangladesh relaxed regulations allowing foreigners working in the country to repatriate most of their wages monthly and the remainder at yearend to encourage them to send their incomes through official channels. Under the eased rules, authorized dealer (AD) banks now...
Syed Fattahul Alim | 2021-12-28 00:00:00
The latest in the waterway accidents took place in the early hours of Friday (December 24) night on the river Sugandha near JhalakathiUpazila. Strangely, it was not the usual case of sinking of a ferry, or launch, that happens often...
Doulot Akter Mala | 2021-12-27 00:00:00
Bangladesh's apex chamber stands to whistle stop a drafted new income-tax law to have the authority to elicit private sector's recommendation as businesses see in it 'loopholes'.Stating in a petition that they were held distant onlookers in the law-farming process,...
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