Monsurul Aziz | 2020-12-07 00:00:00
At the dawn of human civilization, finance was nothing more than a mere thought of value. That value, to be precise, was based on goods, and later on services. The Barter System, dated back to 6,000 BC, was indeed the...
Amitabh Guha Roy and Hanan Fariyel Osman | 2020-12-07 00:00:00
Surviving eight months into this pandemic, where COVID-19 took about 6 thousand lives and infected more than 400 thousand people, we are getting accustomed to the 'New Normal'. As wearing masks, using sanitizers, and intense cleaning routine have become part...
Siddique Islam | 2020-12-06 00:00:00
The interest rate spread dropped slightly in October last as the banks slashed the lending rates more than that of the deposit rates.The interest on the loans and advances decreased comparatively at higher rates than that of the deposits in...
ISMAIL HOSSAIN from Chattogram | 2020-12-06 00:00:00
Prime Minister Sheikh Hasina on Saturday called upon the Border Guard Bangladesh (BGB) to act always while in service and out of love for the country and its people.She also urged all to stay alert during the second wave of...
MUNIMA SULTANA | 2020-12-06 00:00:00
A feasibility study has proposed building a national highway in the city's eastern fringe area, keeping the scope for both bus and train-based mass transit services due to a faster growth in the number of inhabitants in new townships.The feasibility...
Mohammad Mufazzal | 2020-12-06 00:00:00
Investors willing to invest in the capital market will be able to open BO (beneficiary owner's) accounts online in near future without going to the firms.As part of the regulatory move to digitise the country's capital market, the Central Depository...
Allan Dizioli, Michal Andrle, and John Bluedorn | 2020-12-06 00:00:00
Across the world, poor neighbourhoods have experienced more Covid-19 infections and deaths than wealthier ones. The pandemic and the efforts to control it have disproportionately hurt the poor, both within and across countries. Gaining a better understanding of what accounts...
Diane Coyle | 2020-12-06 00:00:00
This has been a brutal year, with the Covid-19 pandemic forcing governments around the world to close down many aspects of normal everyday life while supporting workers and businesses with extraordinary emergency measures. And the crisis certainly is not over...
Yann Duval | 2020-12-06 00:00:00
The policy responses to the Covid-19 pandemic are having a significant impact on the cost of trading goods across borders. Despite measures taken by many countries to keep goods moving across borders, research at United Nations Economic and Social Commission...
DOULOT AKTER MALA | 2020-12-05 00:00:00
Owners of drug rehabilitation centres are having difficulty in obtaining trade licence due to the government's dual policy.All the rehab centres under city corporation areas are currently running operations without valid trade licence, sources said.According to a gazette notification of...
Babul Barman | 2020-12-05 00:00:00
The government's revenue earnings from the Dhaka Stock Exchange (DSE) dropped 15 per cent month-on-month in November as share sales by sponsor-directors and placement holders fell drastically.Market analysts said low share sales by sponsor-directors coupled with sluggish trading activities affected...
Nafisa Islam and Shahriar Caesar Rahman | 2020-12-05 00:00:00
Illegal wildlife trafficking ranks among the most lucrative global crimes. Many desire wild animals and their parts or products for food, pets, medicine, or decorative items.According to a recent UN report, around a million animal and plant species are threatened...
Cristian Alonso, Siddharth Kothari, and Sidra Rehman | 2020-12-05 00:00:00
New technologies like artificial intelligence (AI), machine learning, robotics, big data, and networks are expected to revolutionise production processes, but they could also have a major impact on developing economies. The opportunities and potential sources of growth that, for example,...
Syed Fattahul Alim | 2020-12-05 00:00:00
The world is waiting with great expectations for the three anti-Covid-19 vaccine candidates produced by the US-origin Pfizer-BioNTech and Moderna and the UK-based Oxford/AstraZeneca. They would be ready for mass vaccination of the peoples once they get the clearances from...
Ismail Hossain | 2020-12-04 00:00:00
The Courier Service Licencing Authority (CSLA) is going to introduce punitive measures, including imprisonment and fines, for the unlicenced courier service companies, according to officials at the regulator. They said that hundreds of courier services are operating in the country...
DOULOT AKTER MALA | 2020-12-04 00:00:00
The government lowered the maximum investment ceilings of purchasing three types of savings certificates on Thursday.The certificates are - Five-Year Bangladesh Sanchaypatra, Three-Month Profit-Based Sanchaypatra, and Paribar Sanchaypatra (family savings certificate).Small investors can now purchase these savings certificates up to...
MUNIMA SULTANA | 2020-12-04 00:00:00
The Dhaka metro rail company has planned to start construction of the MRT-6 extension from Motijheel to Kamalapur Railway Station by next month although the complexities over the project are yet to be resolved.Officials said the Dhaka Mass Transit Company...
MOHAMMAD MUFAZZAL | 2020-12-04 00:00:00
Production in six state-run sugar mills has been suspended for the 2020-21 crushing season for their modernisation.Earlier, the government with financial support from Japan Exim Bank under took a project to modernise the six mills under the Bangladesh Sugar and...
Shamsul Huq Zahid | 2020-12-04 00:00:00
A few global biotech research institutes and leading drug-makers have proved soothsayers wrong and come up with effective Covid-19 vaccines much ahead of projections. People's attention is now more focussed on effectiveness and availability of vaccines than on raging second...
Nilratan Halder | 2020-12-04 00:00:00
United Nations Emergency Relief Coordinator, Mark Lowcock has painted a bleak picture of the humanitarian overview of the planet. So bleak the year ahead looks that, he admits, 'if we get through 2021 without major famines that will be a...
Syed Badrul Ahsan | 2020-12-04 00:00:00
For us in Bangladesh, the coronavirus pandemic has forced certain thoughts on to the table. Or call them lessons, those we perhaps have learned from a crisis which rages on, with little sign of any retreat anytime soon.It emphasises the...
SIDDIQUE ISLAM | 2020-12-03 00:00:00
The central bank has relaxed its regulations for receiving cash incentives on the money sent by expatriate Bangladeshis further aiming to expedite the inflow of remittances despite the Covid-19 pandemic, officials said.Under the latest relaxations, banks are now allowed to...
Helal Uddin Ahmed | 2020-12-03 00:00:00
Constituted and run as the country's central bank under the purview of Bangladesh Bank Ordinance 1972, Bangladesh Bank (BB) serves as the supervisory cum controlling authority of the nation's banking sector. Although the commercial banks operate their businesses with money...
Harold James | 2020-12-03 00:00:00
Covid-19 is dramatically widening a global divide that was evident long before the current crisis. Only some countries have been able to cover the costs of the pandemic and lockdowns with large fiscal measures, owing to support from central banks...
NAZIMUDDIN SHYAMOL | 2020-12-02 00:00:00
CHATTOGRAM, Dec 01: Bangladesh Railway (BR) completed feasibility study report of launching bullet train on Dhaka- Chattogram route in November. China Railway Design Corporation of China and Majumdar Enterprise of Bangladesh have jointly completed the feasibility study. Currently, the two...
SIDDIQUE ISLAM | 2020-12-02 00:00:00
The flow of inward remittances reached $10.90 billion in the first five months of the current fiscal year (FY 2020-21), registering an increase of more than 41 per cent, despite the ongoing Covid-19 pandemic, officials said.The inflow of remittances during...
DOULOT AKTER MALA | 2020-12-02 00:00:00
The taxmen are not accepting the financial statements of corporate taxpayers if those are not accompanied by the document verification codes (DVCs) given by the ICAB. A decision to this effect was enforced from yesterday (Tuesday). The tax officials will...
Davide Malacrino | 2020-12-02 00:00:00
Wealth begets wealth. This simple concept of privilege has added to growing discontent with inequality that has escalated under the shadow of the COVID-19 pandemic.A paper co-authored this year by economists from the International Monetary Fund (IMF) and other institutions...
SIDDIQUE ISLAM | 2020-12-01 00:00:00
The default loans dropped slightly in September last as the central bank suspended the routine exercise of classification to help businesses overcome the adverse impact of Covid-19 pandemic.The volume of non-performing loans (NPLs) fell by nearly 2.0 per cent or...
DOULOT AKTER MALA | 2020-12-01 00:00:00
Some 3,220 people whitened their undisclosed income by investing in movable and immovable properties between July 01 and November 29 period of the current fiscal year (FY).They have legalised their undisclosed money making use of a provision incorporated in the...
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