ISMAIL HOSSAIN | 2021-08-12 00:00:00
The Bangladesh Telecommunication Regulatory Commission (BTRC) approved tariff rates for services of the private nationwide telecommunication transmission network (NTTN) operators for the first time. The rates have different slabs, price floors and ceilings for different types of customers and areas,...
DOULOT AKTER MALA | 2021-08-12 00:00:00
All investors in government savings certificates are coming under scrutiny by taxmen to check any information holdback on their actual wealth.The tax authority has already got down to doing the recheck through an integrated system between the Department of National...
Siddique Islam | 2021-08-12 00:00:00
Scuttling all concerns of top bankers, the central bank said it wouldn't budge from its instructions on fixing the interest rates on fixed deposits commensurate with inflation so to protect depositors' interest.The latest stance came at a meeting of the...
Mohammad Mufazzal | 2021-08-12 00:00:00
Listed companies have sought waiver from the payment of accrued interests on unclaimed or undistributed dividends or non-refunded public subscription money saying that such funds were included in reserves as non-operating income.Bangladesh Association of Publicly Listed Companies (BAPLC) on Thursday...
Mohammad Saiful Islam | 2021-08-12 00:00:00
In the year 1996, a certain Dr Dan Herman from the USA coined a term -- 'Fear Of Missing Out' or FOMO. The term has ever since been used frequently to measure human experience in varied purposes, especially to conclude...
Rhoda Metcalfe | 2021-08-12 00:00:00
Bruce Edwards: Welcome to this podcast produced by the International Monetary Fund (IMF). In this program, one of the most influential development economists of her time, Rohini Pande talks with journalist Rhoda Metcalfe about how better institutions can make life...
Sofía Guerrero Gámez, Lorena Sierra Valdivieso, Ignacio Sánchez D'ocon and Gálata Llano | 2021-08-12 00:00:00
If accessibility is within everyone's reach, why should we stop halfway? The ability of a person is determined by her or his environment. According to the World Health Organization (WHO), 15 per cent of the population has some type of...
Helal Uddin Ahmed | 2021-08-12 00:00:00
Realistic assumptions and sound hypotheses are critical for devising policies and setting targets, as they form the basis for subsequent actions and interventions. But the growth targets for GDP and private sector credit incorporated in the recently declared monetary policy...
Md Salim Al Mamun, Raju Ahmed and Md Ezazul Islam | 2021-08-12 00:00:00
The Covid-19 pandemic that started in China in December 2019 and spread over almost all other countries has caused disappointments in global economic growth as it has discouraged investment and, hence, disrupted the labour markets. Though figuring out the economic...
MUNIMA SULTANA | 2021-08-11 00:00:00
Lesser-known consultancy firms from abroad grab most jobs of conducting feasibility studies on infrastructure-projects, limiting scope for top-ranking local or global bidders. This practice, however, gives rise to problems during execution of many development projects, sources concerned said. According to...
SIDDIQUE ISLAM | 2021-08-11 00:00:00
A portion of fixed deposits rather than the entire amount in Bangladesh's banking sector is set to come under 'floor', or minimum interest rating, imposed by the central bank recently to protect depositors' interests.Bankers apparently balk at the government move...
Davide Furceri, Michael Ganslmeier and Jonathan D. Ostry | 2021-08-11 00:00:00
Few issues have sparked more attention than how to avoid environmental and human catastrophe from climate change. But even in the wake of massive public protests and an ambitious agenda since the 2015 Paris Agreement, governments are wary of the...
Syed Saad Andaleeb and Sharif Dilnewaz Hossain | 2021-08-11 00:00:00
In today's era of escalating competition, service quality is a fundamental asset for businesses to gain, retain, and extend market share, especially in a highly competitive industry such as retail banking. Reviewing the local and global trends, retail banking appears...
MUNIMA SULTANA | 2021-08-10 00:00:00
Bangladesh's prime railway corridor on Dhaka-Chattogram route linking up to Cox's Bazar maritime frontier is being upgraded for enabling train movement at desired speeds and with increased traffic."Under a feasibility-study project, Bangladesh Railway (BR) has already identified the missing links...
SIDDIQUE ISLAM | 2021-08-10 00:00:00
A splurge of money from stimulus packages and private-investment stalemate prompted the central bank to restart mopping up excess liquidity from the market, as a measure of taming inflation. As the method began Monday through resumption of auctioning bills after...
DOULOT AKTER MALA | 2021-08-10 00:00:00
A long shadow is cast by the current global pandemic over Bangladesh's transport sector as operators say they have so far suffered losses to the tune of Tk 300 billion for suspension of long-haul mass transportation for lockdowns.The mass-transport operation...
Syed Fattahul Alim | 2021-08-10 00:00:00
The government has finally decided to lift the lockdown from August 11 for obvious reason-the overriding economic necessity.There was of course pressure from the industry, especially, the readymade garment (RMG) sector, as they have the buyers' deadlines to meet. There...
Mohammad Towhidul Islam | 2021-08-10 00:00:00
To prevent the Covid-19 pandemic, a small number of companies with the help of their developed country partners invested billions of dollars in research and development of vaccines, vaccine technologies including mRNA, DNA, RNA, inactivated, viral vectors, protein subunits and...
Syed Abul Basher | 2021-08-10 00:00:00
Lately, the emergence of central bank digital currency (CBDC) has received a lot of attention in the media and among the general public. In simple words, CBDC means that a central bank is issuing electronic currency instead of physical or...
Shamsul Huq Zahid | 2021-08-09 12:00:00
The final numbers that the Bangladesh Bureau of Statistics (BBS), the national statistical organisation, disclosed last Thursday on GDP (gross domestic product) for the fiscal year (FY) 2019-20 might have surprised many. The plausible reasons for evoking surprise could be:...
SIDDIQUE ISLAM | 2021-08-09 00:00:00
The central bank asked all the scheduled banks not to fix interest rate on term deposits below the annual average inflation rate to protect depositors' interests, as they count small returns, officials said.Under the new provisions, the banks have to...
BABUL BARMAN | 2021-08-09 00:00:00
Listed general insurers have bagged higher profits in the first half (H1) of 2021 thanks to lowering agents commission, reduced net claim and reduction in operational costs.A total of 38 general insurance companies are listed with the Dhaka Stock Exchange...
Ismail Hossain | 2021-08-09 00:00:00
upay, a newly launched mobile financial service provider, has assured client security as its first priority, followed by lowest cash-out fees and up to zero charge on person-person transactions.Having obtained licence in December 2020 and launched the services in March...
Louise Cord and Dianna M Pizarro | 2021-08-09 00:00:00
When Covid-19 hit, Indigenous peoples feared for the lives of their elders and the survival of their cultures. Despite lockdowns, there seemed to be a surge in territorial invasions, contributing to the ensuing spread of the virus in their remote...
Neil Ray | 2021-08-09 00:00:00
The government has scaled down its inoculation target of the six days starting August 7 from 10 million to 3.2 million people. Under a special drive or 'pilot project' as the director general (DG) of the Directorate General of Health...
DOULOT AKTER MALA | 2021-08-08 00:00:00
The state-owned Petrobangla has suspended submission of monthly VAT (value-added tax) returns since December 2020.The oil and gas company owes Tk 213.18-billion VAT arrears to the National Board of Revenue (NBR) until 07 August 2021.The petroleum sector contributes 10 per...
Martin Kaufman and Daniel Leigh | 2021-08-08 00:00:00
2020 was a year of extremes. Travel all but ceased for a period. Oil prices wildly fluctuated. Trade in medical products reached new heights. Household spending shifted to consumer goods rather than services and savings ballooned as people stayed home...
Asjadul Kibria | 2021-08-08 00:00:00
The piece of news that Vietnam had crossed Bangladesh and became the second largest clothing exporter globally in 2020 is not a surprising one. Though a section of readymade garments (RMG) manufactures and exporters and their allies are trying to...
REZAUL KARIM | 2021-08-07 00:00:00
Both the amount of loan disbursed by micro-finance institutions (MFIs) and the number of microcredit beneficiaries have risen significantly across the country.Some 746 MFIs have been registered with Microcredit Regulatory Authority (MRA)as of December, 2020.Though the rate of interest on...
BABUL BARMAN | 2021-08-07 00:00:00
Stocks extended their rally for the seven straight weeks that ended on Thursday.All three indices and market-cap surged to new peaks amid high expectations among investors.The week featured only three trading days as the market remained closed on Sunday and...
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