Syed Fattahul Alim | 2021-01-30 00:00:00
The ravages of the pandemic are visible in every aspect of life across the globe. To combat the pandemic, for the time being, the economies so obsessed with growth have been forced to put a brake on their madness to...
MUNIMA SULTANA | 2021-01-29 00:00:00
The Bangladesh Bridges Authority (BBA) has planned to do further feasibility study on the country's proposed longest bridge on the Tentulia in Barisal division.A cabinet committee has not accepted its first study.Sources said the cabinet committee on economic affairs recently...
Tobias Adrian and Fabio Natalucci | 2021-01-29 00:00:00
"The vaccines are here!"-the cry heard and welcomed the world over-has boosted hopes of a global economic recovery in 2021. Yet until vaccines are widely available, the market rally and the economic recovery rest on continued monetary and fiscal policy...
Bangladesh Bank in the latest annual report | 2021-01-29 00:00:00
Usage of technology in every sphere of life is in the core of 4th Industrial Revolution (4IR). The financial sector is at the forefront of 4IR globally and Bangladesh is not an exception. Technological Innovations in financial services popularly known...
Shamsul Huq Zahid | 2021-01-29 00:00:00
Bangladesh's GDP growth estimates have always been an enigma. Higher growth figures have always allured the people who are at the helm of the statecraft. Many others do appreciate the country's remarkable economic growth in recent years, but they are...
Nilratan Halder | 2021-01-29 00:00:00
The findings by the Bangladesh Agricultural Research Council (BARC) have not shed any new light but only confirmed the popular perception that business malpractices and a lack of government intervention were responsible for price hike of rice, potato and onion...
REZAUL KARIM | 2021-01-28 00:00:00
A government agency has recommended measures to regulate the issuance of supply orders to help stabilise edible oil prices. The millers usually issue orders beyond their production capacity, which hampers the supply chain of cooking oil when its price rises....
Doulot Akter Mala | 2021-01-28 00:00:00
Rules of origin of the South Asian Free Trade Area (SAFTA) can supersede the provisions of the new Indian customs rules in case any conflicts arise, experts say.The Indian customs (administration of rules of origin under trade agreement) rules made...
Siddique Islam | 2021-01-28 00:00:00
The central bank has asked the banks to exhaust all stimulus packages by March to help revive the economy, battered by Covid-19.The advice was given at a virtual meeting between the bankers and Bangladesh Bank (BB) governor Fazle Kabir."We've advised...
Vaishali Basu Sharma | 2021-01-28 00:00:00
On January 22, 2020, a Rohingya man suspected to be a yaba trader was killed during a gunfight with Border Guard Bangladesh (BGB) in Bandarban. The 25-year-old yaba peddler, who belonged to the Kutupalong Rohingya camp, was entering Bangladesh from...
Bangaldesh Bank in the latest annual report | 2021-01-28 00:00:00
The Oceanic Economy popularly known as blue economy has emerged as a crucial development issue for optimum use of the oceans, seas and marine resources for sustainable development. Among the sustainable development goals (SDGs), SDG-14 focuses on sustainable use of...
Helal Uddin Ahmed | 2021-01-28 00:00:00
The financial markets are classified mainly according to the final maturity of their instruments. Money market usually includes financial assets that have short or medium-term duration. These assets are highly marketable and carry a lower degree of risk. Capital market,...
SIDDIQUE ISLAM | 2021-01-27 00:00:00
The central bank is set to extend the enhanced credit limit under its Export Development Fund (EDF) scheme for the textiles and clothing exporters by six more months to help boost proceeds from overseas sales.The members of the Bangladesh Garment...
MUNIMA SULTANA | 2021-01-27 00:00:00
The authority concerned has finally proposed extending the deadline for completing the country's Padma Bridge until June 2022 with one more year for defect liability period.With this, the deadline for finishing the Padma Multipurpose Bridge project will be extended for...
Mohammad Mufazzal | 2021-01-27 00:00:00
The securities regulator has urged the Financial Institutions Division (FID) to facilitate realisation of a grant, amounting to about US$ 7.0 million, from the World Bank (WB) for digitalisation of the country's capital market.The Bangladesh Securities and Exchange Commission (BSEC)...
MUNIMA SULTANA | 2021-01-27 00:00:00
Ten years were not enough to complete the development work on a 65-kilometre rail track between Khulna and Mongla port.Sources said the cost of the Khulna-Mongla port rail line (KMPRL) project is likely to increase by at least 177 per...
Yann Duval, Runqiu Du, Gabrielle Marceau, Miho Shirotori and Taisuke Ito | 2021-01-27 00:00:00
Policy responses to the Covid-19 pandemic have heavily disrupted trade and supply chains, with many countries putting in place ad hoc trade-restrictive measures, seemingly without any concern about their effect on trading partners - at least during the early stages...
REZAUL KARIM | 2021-01-26 12:00:00
Fisheries and livestock ministry has again sought steps to ban import of poultry items from neighbouring nations to check the spread of bird flu in Bangladesh, officials said.Livestock services department has also made a set of recommendations, including strong vigilance...
KHANDAKER SHAOLI HASSAN AND SOMASHREE CHATTAPADHYA | 2021-01-26 00:00:00
Water.org Bangladesh, a leading international organization, has so far touched the lives of more than 2.8 million people in Bangladesh by enabling access to water and sanitation. Globally, Water.org operates in 13 countries, wherein its programs have reached around 32...
SYFUL ISLAM | 2021-01-26 00:00:00
The prolonged tariff preferences have hardly helped Bangladesh boost exports to the Chinese market due to narrow product basket, stringent value addition requirement and the lack of competitiveness, stakeholders and experts say. Bangladesh has enjoyed tariff benefits in the Chinese...
Siddique Islam | 2021-01-26 00:00:00
Pubali Bank is now working to transform major functions to be used by the merchants, customers and corporates into digitization using mobile Apps by June 2021 without receiving any extra charges from its clients, a senior executive of the bank...
Khondaker Golam Moazzem | 2021-01-26 00:00:00
BIMSTEC should pursue not only signing an FTA, but also interconnected agreements - including trade facilitation and cross-border connectivity.The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) has passed 23 years since its inception in 1997. Being...
Shams Rahman and Aswini Yadlapalli | 2021-01-26 00:00:00
Remittance is one of the key sources of foreign exchange for Bangladesh, accounting for 5.8 per cent of its GDP. The remittance inflow was approximately $18.20 billion in the 2019-20 fiscal year (FY). It is projected that remittance will hit...
Syed Fattahul Alim | 2021-01-26 00:00:00
The main thrust of all discussions about the fallout from the pandemic has centred mostly on health and the economy. That is understandable because from the existential point of view both are essential. Here the words, 'existential' and 'essential' are,...
DOULOT AKTER MALA | 2021-01-25 00:00:00
Beximco Pharmaceuticals Limited has sought exemption from the payment of Value Added Tax (VAT) on the import of COVID-19 vaccine, its administration and distribution to supply to the consumers at affordable prices.As per the existing VAT law, the consumption tax...
MOHAMMAD MUFAZZAL | 2021-01-25 00:00:00
More than 50 per cent of the active BO (beneficiary owner's) have no role in the country's capital market as those accounts have either 'zero' balance or 'never' been used for trading purpose.The number of active BO accounts reached 2.59...
M A Taslim | 2021-01-25 00:00:00
Modern economics is a data-dependent discipline. Hence, economic analysis is sensitive to the quality of the relevant data. Important economic variables influence, and in turn are influenced by, many other variables in certain manner. For example, consumer expenditure is known...
Shamsul Huq Zahid | 2021-01-25 00:00:00
The Bangladesh Bank (BB) on January 25 last issued a circular reminding the bank company directors, managing directors and officials of two top tiers of the need for complying with the sub-clause 02 of clause 18 of the Bank Company...
Neil Ray | 2021-01-25 00:00:00
As the country is waiting with bated breath for vaccine roll-out on January 27, not every aspect of the programme has been clarified enough. App-based registration was reported to be a criterion for receiving Cvishield shots. Now, report has it...
DOULOT AKTER MALA | 2021-01-24 00:00:00
The absence of an integrated automated system between the revenue board and some of the export processing zones is posing risk for revenue loss and delay in the customs process.Currently, there is no Asycuda World (AW) system in some EPZs...
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