Mustafizur Rahman and Md Al-Hasan | 2021-02-10 00:00:00
Remittance flows account for a significant share of national earnings of low and middle-income countries such as Bangladesh. Given the pandemic scenario, the World Bank, in April 2020, had projected that the remittance flow will face the sharpest decline in...
Khondaker Golam Moazzem, ASM Shamim Alam Shibly, and Fahim Subhan Chowdhury | 2021-02-09 12:00:00
Since the outbreak of Covid-19 in Bangladesh, the export-oriented apparel sector has faced multiple shocks and vulnerabilities. It has been struggling to cope with the emerging challenges despite numerous steps taken by several enterprises as a part of resilience and...
REZAUL KARIM | 2021-02-09 00:00:00
The government is set to prepare a methodology for fixing the prices of 13 more essential items with a view to avoiding any price debacle of such products in the market, officials said.To this effect, Bangladesh Trade and Tariff Commission...
DOULOT AKTER MALA | 2021-02-09 00:00:00
The government will have to pay Tk 140 million to the Vietnamese firm FPT from its own coffer as per contract with the company to avail its support for continuing automated VAT administration after June 30, 2021. The VAT Online...
Syed Fattahul Alim | 2021-02-09 00:00:00
Bangladesh's roads and highways are among the worst threats to the lives of the road-users. With the number of automobiles increasing by leaps and bounds, the state of the road traffic remains as chaotic as ever. The deadly road crashes...
Vikram Haksar and Emanuel Kopp | 2021-02-09 00:00:00
Money has been around for a long time. And we have always paid for using someone else's money or savings. The charge for doing this is known by many different words, from prayog in ancient Sanskrit to interest in modern...
MUNIMA SULTANA | 2021-02-08 00:00:00
The toll rate for using the country's first expressway on the Dhaka-Mawa route has been proposed at Tk 9.9 per kilometre, sources said.A committee on Sunday agreed on the rate after withdrawal of tolls for all three bridges on the...
SIDDIQUE ISLAM | 2021-02-08 00:00:00
The interest rate spread widened further in December last as the banks cut the deposit rates deeper than that of the lending rates, bankers have said.The weighted average spread between the lending and deposit rates rose to 3.07 per cent...
DOULOT AKTER MALA | 2021-02-08 00:00:00
Businesses are facing delay and counting higher costs while complying with customs documentation at the ports, although the authorities have made significant improvement in recent times.In 50 per cent cases, it takes up to 72 hours to get the imported...
Liu Zhenhua | 2021-02-08 00:00:00
China ended 2020 on solid footing as the country is set to become the only major economy to post expansion in a year ravaged by the pandemic. China's gross domestic product (GDP) beat expectations with a 6.5 per cent growth...
Neil Ray | 2021-02-08 00:00:00
One cannot be blamed if one forgets how to present a smiling face let alone have a hearty laugh. Unless a person is supremely carefree and a character of steel who can take life as it is -- come what...
Shamsul Huq Zahid | 2021-02-08 00:00:00
The financials to be prepared at the end of the current quarter (January-March) might give banks a taste of what the pandemic has done to them. Why is it at the end of March next when the Covid-19 pandemic has...
MUNIMA SULTANA | 2021-02-07 00:00:00
The toll for the country's first expressway is likely to be Tk 2.0 per kilometre, the same rate of using the national highways, until inauguration of the Padma Bridge, sources said.They said the 55-kilometre Dhaka-Mawa-Bhanga highway would be declared an...
DOULOT AKTER MALA | 2021-02-07 00:00:00
Bangladesh has initiated to ratify the International Labour Organisation's minimum age convention for admission into employment with intent to secure its duty-free market access to the European Union (EU).The country expects duty-free access to the EU market after its graduation...
BABUL BARMAN | 2021-02-07 00:00:00
Earnings per share (EPS) of most listed power generation companies in private sector under 'fuel & power' sector showed better performance in first half (H1) of the current financial year despite the coronavirus pandemic.Out of the 21 companies listed in...
Syed Badrul Ahsan | 2021-02-07 00:00:00
A coup d'etat, or a commandeering of the state by force of arms, is an anachronism these days. It is a truth the new military junta in Myanmar does not appear to have remembered. It may be that the regime...
Ismail Hossain | 2021-02-06 00:00:00
The country's cyber crime management system is still flimsy due to lack of necessary manpower, infrastructure and expertise, although the incidents of such crimes are mounting along with gradual increase in people's dependency on various digital platforms. A few number...
SYFUL ISLAM | 2021-02-06 00:00:00
Bangladesh is now weighing two Indian proposals for either providing 'price undertaking' or stopping subsidies in order to get anti-dumping duty on jute goods withdrawn, officials say.Price undertaking by an exporter is an agreement to raise the export price of...
Bangladesh to import more from India | 2021-02-06 00:00:00
Robust demand from across Asia and Africa sent Indian rice export prices to a three-year peak this week, while Vietnamese exporters struggled to ship due to high freight prices fuelled by a container shortage, reports Reuters. India's southern state of...
BABUL BARMAN | 2021-02-06 00:00:00
Stocks kept the losing streak for the third straight week as risk-averse investors continued their sell-offs on major sector issues amid persistently lackluster trading.The week saw five trading days as usual. First three sessions saw sharp decline while the last...
Sheikh Md Monirul Islam | 2021-02-06 00:00:00
For a long time, the banking industry has dominated the financial landscape of Bangladesh by providing its customers with a wide array of financial services. But the problem that persisted was the poor people of Bangladesh did not have access...
Syed Fattahul Alim | 2021-02-06 00:00:00
The coup staged by the Burma's military (Tatmadaw in Burmese) on the morning of February 1 (Monday) has again taken the country back to where it had been for the most part of its existence as an free nation since...
Colin Todhunter | 2021-02-06 00:00:00
According to a new report, 'The Inequality Virus' released by Oxfam, the wealth of the world's billionaires increased by US$3.9 trillion between 18 March and 31 December 2020. Their total wealth now stands at $11.95tn. The world's 10 richest billionaires...
Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-02-06 00:00:00
The oath taking by Joe Biden as president and Kamala Harris as vice president of the United States on January 20 marks the end of the episode of months long turbulent electoral process. Unlike in the past, the defeated candidate...
MUNIMA SULTANA | 2021-02-05 00:00:00
The demolition of iconic Kamalapur Rail Station building has been under discussion on request from the Japanese developer of a multi-modal transport hub on the site.Sources confirmed that the issue of demolishing is not for giving space to metro rail...
SIDDIQUE ISLAM | 2021-02-05 00:00:00
The government has slashed its bank borrowing target by more than 3.0 per cent to Tk 820 billion for the current fiscal year, compelled by lower implementation of the annual development programme (ADP).The original target was Tk 849.80 billion, officials...
Shamsul Huq Zahid | 2021-02-05 00:00:00
Businesses had been alleging for long that the lending rates of banks in Bangladesh are too high. And it was adding to the cost of their doing business. They wanted the lending rate to come down to a single-digit. The...
Nilratan Halder | 2021-02-05 00:00:00
For a 20-year-old making tens of millions of taka is quite difficult, if not impossible. Prodigies far younger of rare qualities in the Western world at times make news for such feats. But in question here is no such achievement...
Philip Barrett, Sophia Chen and Nan Li | 2021-02-05 00:00:00
In 1832, the great cholera pandemic hit Paris. In just a few months, the disease killed 20,000 of the city's 650,000 population. Most fatalities occurred in the heart of the city, where many poor workers lived in squalid conditions, drawn...
Hossain Zillur Rahman | 2021-02-05 00:00:00
23 years ago, in January 1998, five economists gathered for an urgent discussion on the social role of economists in Bangladesh. In 1998, Bangladesh was reeling from the devastating impact of unprecedented floods. The conversation brought to light the need...
© 2024 - All Rights with The Financial Express
