Nafisa Nawal | 2020-11-05 00:00:00
The sixth edition of the flagship event of Bangladesh University of Professionals Business and Communication Club (BUP BCC) -- CreADive-- kicked off this year on September 24, 2020. Since its inception, this event has made quite a name for its...
Kashafa Khaldun | 2020-11-05 00:00:00
Assume, being late from work. As the sun has set, the curtain of darkness is falling over everything around. Adding to the tension of reaching home, someone reminds that the last bus home has already left. All of a sudden,...
Narayan Das and Md Shakil Ahmed | 2020-11-05 00:00:00
Migration plays a vital role in reducing unemployment and poverty in Bangladesh. The remittances sent by the migrants have been growing over time, mainly because of the increasing number of migrants. Data from BMET (Bureau of Manpower, Employment, and Training)...
Helal Uddin Ahmed | 2020-11-05 00:00:00
In the jargon of finance and security trade, circuit-breakers are pre-defined values in percentage terms that act as automatic checks when there is a runaway move in stock market index towards either direction. Two of the commonly employed steps taken...
Chris Cillizza | 2020-11-05 00:00:00
As election night turns into the morning after, there is still far more that we don't know about the race to be the next president -- and to control the US Senate -- than we do.For an election that drew...
Mir Md Tasnim Alam | 2020-11-05 00:00:00
The International Monetary Fund's (IMF) latest World Economic Outlook report has raised a massive clamour worldwide. According to this report, Bangladesh will surpass India in per capita GDP this year. Well, this is only a projection, and projections are often...
SIDDIQUE ISLAM | 2020-11-04 00:00:00
The central bank has released the credit guarantee scheme manual that ensures covering maximum 30 per cent loss of selected loan portfolios of the cottage, micro and small enterprises (CMSEs) in case of default. The participating financial institutions (PFIs), scheduled...
Doulot Akter Mala | 2020-11-04 00:00:00
The VAT authority has found some 36 textile mills in Narsingdi under Dhaka division misused concessionary duty benefit for importing capital machinery.The East Zone of the Customs, Excise and VAT Commissionerate, Dhaka detected irregularities during a sudden raid on the...
Mohammad Mufazzal | 2020-11-04 00:00:00
The listed companies might soon be barred from providing interest-free loans to their subsidiaries or non-listed companies. A move to this effect is under consideration of the securities regulator---the Bangladesh Securities and Exchange Commission (BSEC)--- with the objective of improving...
ISMAIL HOSSAIN | 2020-11-04 00:00:00
The numbers of both mobile phone and internet subscribers in the country have reached the highest-ever mark in September this year, according to the latest official data.Mobile phone operators think that the rise in numbers reflects an economy recovering from...
MUNIMA SULTANA | 2020-11-04 00:00:00
The government has finalised a plan to construct the strategically important Kewatkhali bridge over the Brahmaputra river in the next three years.The 1.1-kilometre viaduct will link Mymensingh town with central and northeastern districts, including three land ports and economic zones.Once...
Khondaker Golam Moazzem, Tamim Ahmed, A S M Shamim Alam Shibly and Taslima Taznur | 2020-11-04 00:00:00
A policy brief titled 'The Crisis in the World of Work in View of Covid-19' was published in July 2020 by the Centre for Policy Dialogue (CPD) in collaboration with Friedrich Ebert Stiftung (FES) commemorating the Rana Plaza tragedy. This...
DOULOT AKTER MALA | 2020-11-03 00:00:00
The National Board of Revenue (NBR) has formed a separate transfer pricing cell (TPC) for its customs and VAT wing to check trade-based money laundering through under- or overinvoicing.The cell will verify authenticity of cross-border transaction values between associated enterprises.The...
SYFUL ISLAM | 2020-11-03 00:00:00
The government is now planning to fund the solar power storage system aiming to supply electricity round the clock, officials said.State financer Infrastructure Development Company Limited (IDCOL) is ready to provide loans for interested entrepreneurs who want to set up...
Syed Fattahul Alim | 2020-11-03 00:00:00
Another person has fallen victim to the outrage called 'mob justice'! This time an unsuspecting man of 50 named Abu Muhammad Shahidunnabi Jewel was beaten indiscriminately and then burnt to death by a frenzied mob! The excuse for unleashing the...
Hasnat Abdul Hye | 2020-11-03 00:00:00
If the lessons of Covid-19 call for a new global order through changes in the functioning of the existing international institutions, the social and economic impact of the pandemic makes a revision of the strategy for development imperative for countries...
Munima Sultana | 2020-11-02 00:00:00
The Bangladesh Road Transport Authority (BRTA) is operating with very few people, becoming virtually an inefficient service provider as the service recipients are highly dependent on the middlemen, sources said.Of its more than 30 categories of transport-related services, they said,...
Siddique Islam | 2020-11-02 00:00:00
Bangladesh received nearly US$ 9.0 billion in remittances in the first four months of the current fiscal year (FY) despite the Covid-19 pandemic, officials said.The inflow of remittances grew by more than 43 per cent to $ 8.82 billion during...
SIDDIQUE ISLAM | 2020-11-02 00:00:00
The central bank has extended further the deadline for implementation of the stimulus package for the cottage, micro, small and medium enterprises (CMSMEs) by one more month, from October 31 to November 30. The Bangladesh Bank (BB) issued a notification...
Neil Ray | 2020-11-02 00:00:00
US President Donald Trump's refrain that the US "is turning the corner" on the coronavirus pandemic just at a time when his country has started reporting a record number of daily cases should have shocked any sane person anywhere. But...
Shamsul Huq Zahid | 2020-11-02 00:00:00
A statistical mismatch is not an extraordinary issue. It does happen, in many cases. But when the gap in data compiled by different entities is very wide, there are genuine reasons to look into the reasons and also to be...
MUNIMA SULTANA | 2020-11-01 00:00:00
A new law has been drafted to convert Dhaka Transport Coordination Authority (DTCA) into Bangladesh Urban Transport Authority (BUTA) aiming to bring all divisional cities under a planned transport system.Officials said the act would also consider upgrading of the DTCA...
REZAUL KARIM | 2020-11-01 00:00:00
The government is set to cap investment on its bonds for expatriate Bangladeshis in line with that of other state-run savings instruments, officials say.Currently, there is no upper limit of the bonds for non-resident Bangladeshis (NRBs)-the Wage Earner Development Bond...
SIDDIQUE ISLAM | 2020-11-01 00:00:00
The interest rate spread in the country's banking system increased further in September 2020 as banks slashed rates on deposits more than those of lending.The weighted average spread between lending and deposit rates offered by commercial banks rose to 3.0...
Syed Badrul Ahsan | 2020-11-01 00:00:00
A few days before the presidential election in the United States in November 1992, Bill Clinton enjoyed a good lead over President George H W Bush in every opinion poll. He was clearly on his way to the White House....
MUNIMA SULTANA | 2020-10-30 00:00:00
The condition to purchase 75 per cent materials from India for projects under the Indian Line of Credits (LoCs) is the main reason for delay in project implementation, according to a virtual review meeting on Wednesday. Prime Minister's Economic Affairs...
Shamsul Huq Zahid | 2020-10-30 00:00:00
'Pay as you consume or use' is the basic rule that the utility service providers are supposed to follow while offering goods and services to their respective consumers/subscribers. But, there are a few exceptions. The state-owned gas distribution companies are...
Nilratan Halder | 2020-10-30 00:00:00
With the unbridled price rise of the major essentials, the recurring issue of government intervention in market assumes a reinforced relevance. Only more so, because of the adverse impacts of the coronavirus-driven lockdown on livelihoods and income. Government intervention in...
Terry Chan and Alexandra Dimitrijevic | 2020-10-30 00:00:00
As countries, companies, and households confront the Covid-19 pandemic's economic fallout, many market watchers are sounding the alarm about rapidly rising leverage worldwide. And for good reason: in an acceleration of a years-long trend, the debt-to-GDP (Gross Domestic Product) ratio...
Asjadul Kibria | 2020-10-29 12:00:00
A recent move to suspend some provisions of the multilateral agreement on the trade-linked intellectual property did not get the necessary support in the World Trade Organisation (WTO). The move was initiated by two developing countries, India and South Africa,...
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