Brooke Tunstall | 2020-11-24 00:00:00
Corporate tax avoidance is an open secret in the world of multinational enterprises. Hiding behind loose laws and revenue reporting standards around the globe, these international corporations obscure profits and losses to a degree that costs the nations where they...
Juliet Braslow, Ayeisha Sheldon and Rhys Persoon | 2020-11-24 00:00:00
Today this question is often answered with a glance at a smartphone and a whole host of behind-the-scenes geospatial and other data working to provide easy-to-understand information in the palm of our hand. Data is a renewable resource that does...
Syed Fattahul Alim | 2020-11-24 00:00:00
The Covid-19 has shown how unprepared the world is if faced with a new kind of pathogen. It points to the one-way course that the world's medical research has been pursuing. In the earlier times, scientists whether working alone or...
Peter Breuer and Charles Cohen | 2020-11-24 00:00:00
When corporations have too much debt and need to restructure it, creditors often end up exchanging bonds or loans for stocks. They trade the guaranteed pay-out of a fixed-income investment for an equity position whose return depends on the company's...
Shamsul Huq Zahid | 2020-11-23 12:00:00
When the pandemic was at its peak in the months between March and May, most economic activities came to a standstill across the country. Millions lost jobs and other sources of income. Hundreds of families left Dhaka city for village...
Rumana Huque, S M Abdullah, Sushama Kanan | 2020-11-23 12:00:00
The Covid-19 pandemic has challenged the health systems in Bangladesh with inadequate structural and human resources. The Ministry of Health and Family Welfare (MOHFW) will require additional resources for combatting the existing situation. This year, given the Covid-19-related emergency, Bangladesh...
Binayak Sen, Zulfiqar Ali and Muntasir Murshed | 2020-11-23 12:00:00
In the past three decades, Bangladesh has made impressive progress in the areas of poverty reduction, accelerated economic growth and human development. However, the onslaught of the Covid-19 pandemic threatens to overturn this progress, further widening the incomeinequalities and disproportionately...
SYFUL ISLAM | 2020-11-23 00:00:00
Bangladesh has requested India to withdraw its new customs rules which, officials fear, may make it difficult for the former to get tariff preferences.Dhaka made the request to New Delhi after thorough examination of the new customs rules and consultation...
DOULOT AKTER MALA | 2020-11-23 00:00:00
The revenue board has dismissed a number of proposals from the Bangladesh Investment Development Authority (BIDA) that the latter feels would help ease doing business in the country. In one proposal, the BIDA has suggested relaxing tax burden, in the...
Syed Badrul Ahsan | 2020-11-23 00:00:00
'Ich bin ein Berliner', that ringing statement in West Berlin as Mayor Willy Brandt stood beside him before the Brandenburg Gate. The work Profiles in Courage re-enters the consciousness. Bay of Pigs 1961 was a mission that ought not to...
Neil Ray | 2020-11-23 00:00:00
Fables have their lessons in unmistakable terms. In one such fable, the cronies praise a naked king because they do not dare speak the truth. But an innocent boy has no such inhibition and he asks, 'Hey king, where's your...
Khondaker Golam Moazzem | 2020-11-23 00:00:00
The signing of the Regional Comprehensive Economic Partnership (RCEP) on November 15 took many by surprise. Trade pundits are excited about this agreement. Firstly because, countries involved in such partnerships often benefit from reduced import duty which results in a...
Babul Barman | 2020-11-23 00:00:00
Capital markets have a huge role to play in the economic development of a country. An efficient capital market helps allocate financial resources to businesses efficiently. Businesses in turn use the capital to grow, generate employment and contribute to the...
Doulot Akter Mala | 2020-11-23 00:00:00
Domestic resource mobilization is the key priority of the government for budget financing. Dependence on foreign aid is gradually decreasing over the years. On an average, the tax revenue collection grew by 14 per cent during the last five years....
M. A. Taslim | 2020-11-23 00:00:00
A few years ago some economists advocated government borrowing from the international financial market at low interest rates, prevailing at that time, to fund development projects. In the wake of the cancellation of a World Bank loan for the Padma...
Khaled Mahmud Raihan and Mohammad Jasim Uddin | 2020-11-23 00:00:00
Sukuk, an Islamic equivalent of bonds, is a certificate representing ownership in tangible assets or the assets of particular project or special investment activity. As opposed to conventional bonds, which merely confer ownership of a debt, Sukuk grants the investor...
Babui Salsabil | 2020-11-23 00:00:00
The year 2020 will perhaps be remembered as the year when life as we know it collapsed. The Covid-19, the disease caused by the new coronavirus, dealt an unexpected jolt to our lifestyles, claiming over a million lives and bringing...
Syful Islam | 2020-11-23 00:00:00
Not long ago, Bangladesh was a power-hungry nation where electricity rationing by the distribution companies was a norm. People were not sure about when electricity will go away and when it will make a comeback. In 24 hours, people hardly...
Ananta Neelim and Muhammad Shafiullah | 2020-11-23 00:00:00
'Digital Bangladesh' is a key vision, and an election pledge made in 2008 by incumbent Prime Minister Sheikh Hasina. In realizing that pledge, Bangladesh has seen rapid growth in internet use, digital financial services, and e-commerce in the decade since...
Siddique Islam | 2020-11-23 00:00:00
Bangladesh's banking sector is likely to face extra challenges in the coming years as the asset quality, capital and profitability are projected to deteriorate significantly mainly due to the ongoing Covid-19 pandemic.Global rating agency Moody's has already projected that non-performing...
KAS Murshid, Shahid Khandker, Khondoker Shakhawat Ali, Hussain Samad and Monzur Hossain in a BIDS report | 2020-11-23 00:00:00
Bangladesh has embraced mobile financial services (MFS) with the aim of expansion of financial inclusion and economic development. MFS has expanded rapidly in both rural and urban Bangladesh over the past 9 years propelled by bKash Limited, a subsidiary of...
Hasnat Abdul Hye | 2020-11-23 00:00:00
So far it has been akin to kite flying or amounted to loud thinking among a few, but the idea seems to be gaining ground at the level of think tanks, if not with policy makers yet. It is not...
Mirza Azizul Islam | 2020-11-23 00:00:00
Practically all countries in the world have suffered major setbacks in their macroeconomic performance due to disruptions to economic activities caused by Covid-19. Bangladesh is no exception. This article is not about the impact of Covid-19 per se, though references...
DOULOT AKTER MALA | 2020-11-22 00:00:00
The average annual VAT payment by 35 large taxpayers has remained below Tk 100 million during the last three years in a sign their financial health has deteriorated, officials said.The large taxpayers unit (LTU) under the VAT wing has sorted...
NAZIMUDDIN SHYAMOL | 2020-11-22 00:00:00
CHATTOGRAM, Nov 21: The Karnaphuli Gas Distribution Company Limited (KGDCL) is continuing drive for checking gas connections in the port-city as per directives of the ministry concerned. Its first phase of drive for monitoring gas supply in Chattogram ended on...
Edoardo Campanella | 2020-11-22 00:00:00
Before the Covid-19 pandemic, the role of low-skilled labour in the economy was assumed to be in decline. In digitally disrupted labour markets, where fancy STEM (science, technology, engineering, mathematics) professions enjoy pride of place, only highly qualified professionals can...
ISMAIL HOSSAIN | 2020-11-21 00:00:00
Country's microfinance institutions (MFIs) have demanded withdrawal of annual fees charged by the Microcredit Regulatory Authority (MRA).In a recent letter, Credit and Development Forum (CDF), an association of microfinance institutions, have sought withdrawal of annual fees.The regulator should not charge...
SYFUL ISLAM | 2020-11-21 00:00:00
Fearing large investment of illegally earned money in the insurance sector, the anti-graft watchdog has sought detailed information on depositors/investors and sources of their funds.The Anti-Corruption Commission (ACC) suggests that insurance companies maintain details of their depositors/investors like what the...
NAZIMUDDIN SHYAMOL | 2020-11-21 00:00:00
CHATTOGRAM, Nov 20: The production of tea for January to October period in Chattogram zone has decreased this year compared to the same period of the last year. Lack of irrigation, sunshine and corona outbreak in the current year are...
Babul Barman | 2020-11-21 00:00:00
Stocks extended the losing streak for the second straight week as investors mostly followed cautious stance amid rising trend of Covid-19 cases while some focused on the primary market.Week-on-week, DSEX, the core index of the Dhaka Stock Exchange (DSE), went...
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