BABUL BARMAN | 2022-05-14 00:00:00
Stocks extended the losing streak for the second straight week to Thursday as nervous investors continued their selling spree amid concerns over the country's macroeconomic situation.This week featured five trading days as usual -- the first two days saw a...
NAZIMUDDIN SHYAMOL | 2022-05-14 00:00:00
CHATTOGRAM, May 11: The Chittagong Port Authority (CPA) is yet to get the total amount of land it needs to construct Bay Terminal, which, once constructed will increase significantly Chittagong Port's container handling capacity. An official having full knowledge of...
Nilratan Halder | 2022-05-14 00:00:00
The number of people in the wide world, who do not love flowers, birds and butterflies is perhaps next to nothing. But unfortunately, the young generations, particularly in towns and cities, are growing up without ever coming in close proximity...
Syed Fattahul Alim | 2022-05-14 00:00:00
The situation in Sri Lanka has in recent days turned for the worse as the members of the public have now started violent street demonstrations to see an end to the incumbent political regime. To contain the situation, the government...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-05-14 00:00:00
The total allocation for the education sector in the current fiscal year (FY22) was Tk 719.53 billion, which was only 8.68 per cent higher than the revised budget for FY21. However, education budget as a share of total budget decreased...
Asjadul Kibria | 2022-05-13 12:00:00
Bangladesh celebrated its 50 years of independence last year, the Golden Jubilee of the emergence of the country as an independent and sovereign nation. From the so-called basket case to a fastest growing economy, the 50 years journey of Bangladesh...
Nilratan Halder | 2022-05-13 12:00:00
Microsoft's Bill Gates and Bangladesh ace cricketer Shakib Al Hasan are reported to have got Covid-19 almost at the same time. The co-founder of Microsoft and the richest man on the planet until Jeff Bezos (now lost the pole position...
DOULOT AKTER MALA | 2022-05-13 00:00:00
A special scheme on whitening black money heads for hitting the dead end with its tenure expiry as the government may skip it in the upcoming budget, officials say.The scheme is scheduled to expire on June 30, 2022, with lukewarm...
MUNIMA SULTANA | 2022-05-12 00:00:00
The board members of Bangladesh Bridge Authority (BBA) have proposed to go slow with the plan to develop a subway network in Dhaka city, aiming to relieve the commuters of construction-related hazards.Their stance on the issue came at the BBA's...
Siddique Islam | 2022-05-12 00:00:00
Bangladesh's foreign-exchange reserves fell to US$41.95 billion following the feeding of the dollar-hungry money market over the months and a latest large import payment. Official sources say the central bank has pumped over US$5.0 billion into the market from reserves...
DOULOT AKTER MALA | 2022-05-12 00:00:00
Corporate taxpayers appear hesitant about providing necessary financial documents to the chartered accountants for verification, slowing tax-return submission and causing evasion by many.All of the financial statements have to be verified through Document Verification System (DVS) from this year and...
Shadique Mahbub Islam | 2022-05-12 00:00:00
"Modhu hoi hoi bish khawaila" - the song that took the internet by storm in 2016 and catapulted a poor local massage kid Jahid Hosen into instant stardom, can be called the exact moment that morphed all social strata into...
Hasnat M Alamgir | 2022-05-12 00:00:00
Workplace violence against medical doctors is an unfortunate reality of medical practice in Bangladesh as well as in other countries. The World Health Organization (WHO) defines workplace violence as "incidents where staff is abused, threatened, or assaulted in circumstances related...
Asjadul Kibria | 2022-05-12 00:00:00
Abul Mal Abdul Muhith, the longest-serving finance minister of Bangladesh who placed 12 national budgets, passed on April 30 at the age of 88. With his passing, a vibrant chapter of the country's economic and development policymaking comes to an...
BABUL BARMAN | 2022-05-11 12:00:00
The government revenue earnings from Dhaka Stock Exchange (DSE) jumped 41 per cent in 10 months of the current fiscal year compared to the same period last fiscal backed by rising trading volume.Market analysts said in line with the rising...
MUNIMA SULTANA | 2022-05-11 00:00:00
Members of the parliamentary standing committee on railways ministry intend to visit different countries to see railway-sector development in order to play their roles as a watchdog.The proposal for the post-Eid visit to Korea, China or Japan was placed for...
SYFUL ISLAM | 2022-05-11 00:00:00
Price spiral and consequent hefty subsidy requirements turn a top concern for the authors of next fiscal budget, sources said, prompting thoughts on a fresh hike in key utilities' rates.Finance ministry officials Monday submitted a budget outline to Prime Minister...
Siddique Islam | 2022-05-11 00:00:00
The central bank tightens the letter of credit (LC) rules, doubling the margin for all imports, save some essentials, to ease import-payment pressure on the economy, officials say. Under the latest move, the Bangladesh Bank imposed a prohibitive 50-percent cash...
Nazimuddin Shyamol | 2022-05-11 00:00:00
CHATTOGRAM, May 10: The capital dredging work of Karnaphuli River, which resumed last year after a pause for coronavirus outbreak, will be completed within mid-July, officials said. The Chittagong Port Authority (CPA) is the implementing agency of the Tk 2.42...
REZAUL KARIM | 2022-05-11 00:00:00
Bangladesh has so far failed to derive any significant benefit from the duty-free and quota-free (DFQF) market access facility in China.The country could not increase its exports to the Chinese market as expected due to lack of exportable products, product...
Md Nur-E-Alom Siddique and Md Abir Hossain | 2022-05-11 00:00:00
Exchange rate misalignment influences the economic performance of a country especially when it comes to developing countries like Bangladesh. The impact of exchange rate misalignment on growth is more relevant in developing countries than in developed countries. According to D....
MUNIMA SULTANA | 2022-05-10 12:00:00
The long-awaited 6.15-kilometre Padma Bridge is likely to open to traffic on June 25 as work on the country's longest infrastructure has been done within timeline.Official sources, however, say the inaugural date, due to be disclosed by the prime minister...
M A Taslim | 2022-05-10 12:00:00
The spectacular unravelling of the Sri Lankan economy over the last few years and its eventual collapse very recently have attracted wide attention. The miseries wrought by the ensuing economic crisis on the ordinary Lankans have alarmed some observers that...
Doulot Akter Mala | 2022-05-10 00:00:00
The revenue authority collected Tk 2.04 trillion or 62 per cent of the total tax revenue target for the entire fiscal year (FY) 2021-22 until March - leaving a large task for its last or fourth quarter (Q4) from April...
SIDDIQUE ISLAM | 2022-05-10 00:00:00
The exchange rate of Bangladesh taka (BDT) again dropped against the US dollar (US$)- mainly due to higher demand for the greenback for settling import-payment obligations.The local currency lost its value by 25 paisa in the inter-bank foreign exchange (forex)...
Mohammad Tarikul Islam | 2022-05-10 00:00:00
Traditionally, rural development in Bangladesh has been broadly defined as agricultural dependence, and the agricultural sector has remained an important part of rural development in Bangladesh to this day. Moreover, rural development is essentially complementary to poverty alleviation. The Government...
Syed Fattahul Alim | 2022-05-10 00:00:00
As the reports go, hundreds of thousands of visitors have flooded the major tourist spots of the country. In Cox's Bazar, accommodation in most of the hotels, motels, guest houses and cottages was booked before the Eid. The tourism operators...
Siddique Islam | 2022-05-09 00:00:00
Bangladesh's current-account deficit hits an 'all-time high' at $14.07 billion as widening trade gap coupled with lower remittance receipts affects the macroeconomic balance, officials say.The country's trade deficit reached nearly a $25-billion mark in the first nine months of the...
Munima Sultana | 2022-05-09 00:00:00
Passengers are unlikely to get benefit from direct train service after launching the Dohazari-Cox's Bazar rail line in a couple of years as two key barriers still stand in the way of operating trains in a 10-kilometre rail corridor.The barriers...
Nazimuddin Shyamol | 2022-05-09 00:00:00
CHATTOGRAM, May 08: The hydraulic survey of river Karnaphuli, twice hampered for coronavirus outbreak in last year and 2020, will be completed in July next.Once completed, the survey, titled 'Karnaphuli Hydrologic and Hydraulic Study, will open up a new development...
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