Police arrested four alleged members of credit card frauds syndicate including its linchpin from different areas of Dhaka, Chittagong and Barisal cities in the last 72 hours ending 6.oo am on Saturday, reports UNB. The arrestees are: Kamal Ahmed, alias...
Habibullah N Karim It is commonly known that as an economy develops and wages increase, manufacturing of low-cost, labour-intensive products become less competitive compared to less developed economies where wages are lower. Following this trend, manufacturing of low-cost, labour-intensive products...
Atiur Rahman Labeled immediately after her birth in 1971 as a hopeless 'basket case' by many like Mr. Henry Kissinger, Bangladesh has come a long way today earning recognition as a steadily growing economy on a firm footing on the...
its future at its birth. The 'basket case' scenario-- the forecast of doom and gloom about Bangladesh -- became a fiction a long time back. However, angladesh's actual performance in its post-Independence period has still been below its potential, writes...
Rebecca Conway of Reuters from Islamabad Relations between the United States and its ally Pakistan, already heavily battered, have been pushed to their lowest point in years by a NATO attack that killed 24 Pakistani soldiers on November 26. NATO...
Notwithstanding some improvements in the mobilization of income tax in recent years Bangladesh still has one of the lowest tax-GDP (gross domestic product) ratios in the region. Both deliberate evasion and non-compliance out of ignorance at individual and organisational levels...
Shahiduzzaman Khan The flow of inward remittances fell by nearly 12 per cent in November over the previous month, following the celebration of Muslim festival-- Eid-ul-Azha. The Bangladesh nationals working abroad sent US$ 915.45 million last month while the remittance...
Gopal Sengupta What we see in Bangladesh is that the political parties have hijacked the mandate and trust of the electorate. The leaders seem to treat the government like a five-year fixed deposit in joint names. All they want the...
Bangladesh is facing a severe power crisis with its increasing demand. Power crisis is not a problem that can be solved overnight, nor has it been created overnight. It is a result of the governments' negligence and corruption. However, the...
More than a thousand pupils study in Kadamtala Purba Bashabo High School and College at Kadamtala, Bashabo in Dhaka. The students of the institution have been doing well in the recent public examinations.The main approach road to Kadamtala has become...
The month of December in 1971 is a red-letter month in the history of our Liberation War. After a bloody nine month war we achieved final victory on December 16th against the occupation Pakistan Army. Bangladesh thus came into being...
The government is willing to approve a few licences to establish new commercial private banks on political grounds. Presently there are 48 commercial and specialised banks and 29 Non Banking Financial Institutions (NBFIs) operating in the country. The government's main...
Marlowe Hood of AFP from Durban A draft global pact on climate change released December 10 boosted UN talks already deep into overtime, but negotiators worried that the late delivery could jeopardise a deal. More than 120 ministers spread across...
Human rights in Bangladesh are not properly protected. Our lives and properties are under constant threat. This has led to large-scale emigration of people to other countries, mostly the skilled and educated, who have no intention to return. Weak implementation...
Britain's euro-sceptic press on December 10 hailed David Cameron's decision to veto a new EU treaty to tackle the eurozone debt crisis, but other commentators warned London was now dangerously isolated. "The Day He Put Britain First" cheered the mass-selling...
KOLKATA, Dec 10 (BSS): A court in West Bengal Saturday ordered six directors of the city's AMRI Hospital, where fire claimed 90 lives, to 10 days in police custody. Six of the seven directors arrested Friday were presented before the...
Khalilur Rahman Finding out a black cat in the dark without light is not only extremely difficult but almost impossible. Veteran politician Sree Suranjit Sengupta will exactly have to do so in the vast expanse of country's ailing railways as...
Prime Minister Sheikh Hasina Saturday said her government has been relentlessly working to bring down the poverty rate to 21.5 per cent from the existing 31.5 per cent within the next four years by developing the country's agriculture and industrial...
Nizam Ahmed Bangladesh is expected to play the role of coordinator for 31 least developed countries (LDCs) at the upcoming ministerial conference of the World Trade Orgaisation (WTO) to be held in Geneva, officials said on Saturday. Civil Aviation and...
FE Report Speakers at a seminar Saturday at the Faculty of Business Studies (FBS) of Jahangirnagar University (JU) at Savar underlined the need for transforming the country's traditional agriculture into an industrial agricultural one, in order to attain food security...
FE Report The Securities and Exchange Commission (SEC) Chairman Professor M Khairul Hossain said Saturday small investors could be swindled by the rogue traders again if they lack knowledge about the nitty-gritty of the capital market. "The general investors are...
FE Report Bangladesh needs develop skills of its garments workers, both technical, educational and leadership, to produce high end products and managing the factories, if it wants to achieve the target of earning $ 30 billion by exporting its garment...
FE Report Speakers at a dialogue said arbitration can help emerging economies like Bangladesh to take off. Expeditious resolution of disputes through arbitration can generate confidence to invest in Bangladesh, they said. The comments came at the dialogue on 'Arbitration...
FE Report National Board of Revenue (NBR) Chairman Dr Nasiruddin Ahmed said Saturday that the draft Value Added Tax (VAT) Act 2011, which will be finalised after consultation with the stakeholders, will ensure businessmen's interests. "The draft VAT Act will...
Experts call for improved urban governance The just-concluded Bangladesh Urban Forum (BUF) has underlined the need for better urban governance and reform. Ideas were disseminated about education, urbanisation, urban land tenure and housing, international best practices and transport in the...
WASHINGTON, Dec 9 (Reuters): The prospect of European heavyweights like Italy or Spain turning to the IMF for rescue loans is worrying the United States and other nations that fear they could suffer losses on funds they have extended to...
NEW YORK, Dec 10 (Reuters): An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the US economy's health is slowly improving. The...
TOKYO, Dec 10 (AFP): Japan's securities watchdog has urged that the Japanese arms of Citigroup and US be penalised for trying to manipulate the short-term interest rates for interbank trading. Former staff members at UBS Securities Japan and Citigroup Global...
BEIJING, Dec 10 (AFP): Chinese telecommunications equipment maker Huawei Technologies says it will cut back its business in Iran, where it aids state-run telecom operators, due to the "increasingly complex situation" there. Iran keeps close tabs on its citizens, aided...
WASHINGTON, Dec 10 (Economic Times): Despite some recent signs the sluggish US economy might be improving, President Barack Obama warns it could be years before the country is on a sound footing. In excerpts from an interview with CBS' "60...
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