MOHAMMAD MUFAZZAL | 2022-02-03 00:00:00
Insufficient capital adequacy and lack of deterrent penalties, among other frailties, are seen responsible for recurrent embezzlement of investors' money and shares by a section of stockbrokers.A latest incident of defalcation of investors' shares and money in Tamha Securities leads...
Hasnat M Alamgir | 2022-02-03 00:00:00
After the government had decided to ban battery-operated rickshaws for a number of specified reasons, a lack of preparations on the part of the quarters concerned to rehabilitate these rickshaw pullers through alternate job creation became apparent. Those rickshaw drivers...
SIDDIQUE ISLAM | 2022-02-02 00:00:00
Remittance inflow rose further in January to relieve strain on Bangladesh's reserves, primarily as the government raised cash incentives for remitters, officials say.The money sent home by Bangladeshis working abroad amounted to $1.70 billion in January 2022, up by $...
DOULOT AKTER MALA | 2022-02-02 00:00:00
The National Board of Revenue (NBR) is mulling excluding inactive tax identification numbers from its database.Both taxpayers and taxmen now feel the necessity of incorporating a provision into the income-tax law or rules to exclude an inactive TIN after a...
Siddique Islam | 2022-02-02 00:00:00
BRAC Bank Limited has embraced a multi-channel strategy with a combination of physical and digital capabilities to reach out to more people and expand the businesses across the country, the bank's top executive has said. "Bangladesh is definitely moving towards...
Helal Uddin Ahmed | 2022-02-02 00:00:00
The World Trade Organization (WTO) has recently published a comprehensive report on the trading performance of least developed countries (LDCs) during the decade of 2011-20. Alongside performance, the report has also evaluated their integration with multilateral trading system, enhancement of...
REZAUL KARIM | 2022-02-01 00:00:00
Qcoom Ltd, one of the closed online marketplaces, wants to resume its business activities, officials said. On January 31, Qcoom's lawyer, in favour of its managing director (MD) and chief executive officer Md Ripon Mia, requested the Ministry of Commerce...
SIDDIQUE ISLAM | 2022-02-01 00:00:00
Credit flow into Bangladesh's private sector picks up in December as demand for loans, particularly for trade financing, grows for running businesses on a full scale to offset corona fallout.The credit flow rose to 10.68 per cent-the highest in more...
BABUL BARMAN | 2022-02-01 00:00:00
Most listed power generation companies in the private sector posted moderate profit growth in July-December 2021, riding on higher income from subsidiaries and reduced corporate tax rate.Out of the 23 companies listed in the 'fuel & power' sector on the...
Syed Fattahul Alim | 2022-02-01 00:00:00
Even as the Omicron variant of the SARS-Cov-2 coronavirus is spreading fast replacing the previous, deadlier, Delta variant, reports about yet another Omicron variant, BA.2, is causing concern. Is it coronavirus's anotherVariant of Concern(VOC)? Going by the WorldHealth Organization (WHO),...
Doulot Akter Mala | 2022-01-31 00:00:00
The National Board of Revenue (NBR) has waived tax on Active Fine Chemicals Limited's (AFCL) business income from production of molecule laboratory reagents of active pharmaceutical ingredients (API).As per an order, the publicly-listed company will enjoy the tax-exemption facility from...
SIDDIQUE ISLAM | 2022-01-31 00:00:00
Interest spread widens further as the banks raise their lending rates, riding on higher credit demand, with deposit returns for the savers held in check, bankers say.The weighted average spread between the lending and deposit rates offered by the scheduled...
Neil Ray | 2022-01-31 00:00:00
To renowned economists and development practitioners the world over, Bangladesh's amazing progress is a mystery or at best intriguing. That the answer lies in the unsung enterprising spirit of the ordinary people of the country escapes their notice. There are...
Shamsul Huq Zahid | 2022-01-31 00:00:00
One can hardly miss the sight of thousands of motorbikes swarming the streets of Dhaka from morning till midnight. Their number has overtaken that of rickshaws. The difference is that bikes have valid licences while the latter does not bother...
MUNIMA SULTANA | 2022-01-30 00:00:00
The Bangladesh Road Transport Corporation (BRTC) looks intent on turning into a rental service as it engages 30 per cent of its fleet as staff and student buses.The state transport corporation does so as it seeks to manage its income...
DOULOT AKTER MALA | 2022-01-30 00:00:00
The National Board of Revenue (NBR) would formulate a 'perspective plan' to strengthen its VAT (Value Added Tax) collection drive and increase internal resources to help implement the country's development initiatives.The plan would prioritise issues like reform in the VAT...
Asjadul Kibria | 2022-01-30 00:00:00
The death of Qazi Anwar Husain brings the works of a legendary figure in Bangladesh to an end. The prolific writer, translator, editor and publisher breathed his last on January 19 at the age of 85 years and six months....
Syed Abul Basher | 2022-01-30 00:00:00
I recently taught an undergraduate course in money and banking. In the online final exam, I asked students to list two lessons they have learned from this course. Since there were no incorrect answers, I wanted to see their freedom...
TALHA BIN HABIB AND YASIR WARDAD | 2022-01-29 00:00:00
Refiners raised edible oil prices last week defying the government decision as branded soybean oil price hit Tk163-168 a litre from Tk155-Tk 160 earlier at the retail level.They increased the prices despite the government's decision to review the prices at...
SYFUL ISLAM | 2022-01-29 00:00:00
All exports from Bangladesh will now pass through port scanning in compliance with international shipment security standards and so the process of installing scanners at all gates of Chattogram seaport begins.Officials say the Chattogram Port Authority (CPA) will soon start...
BABUL BARMAN | 2022-01-29 00:00:00
The stock market plunged in the outgoing week, snapping a four-week winning streak, as risk-averse investors rushed to book profit on quick-gaining stocks amid growing virus tension.This week featured five trading days as usual. After the first two days' massive...
Washim Palash | 2022-01-29 00:00:00
'Social Distancing' as a measure of battling the coronavirus has been applied in the pandemic period. It seems effective in the short run, but it is conflicting with the human value and may lead to secluded individuals. The term 'social...
Nilratan Halder | 2022-01-29 00:00:00
Birds and fish are two species which require no passport and visa to travel to any country or territorial water. On that count their freedom is enviable indeed. Quite a number of both species travel thousands of miles or kilometres...
Syed Fattahul Alim | 2022-01-29 00:00:00
On January 14, the world saw a huge geological event taking place at Hunga Tonga-HungaHa'apai, a volcanic island in the island kingdom of Tonga, an archipelago, in the South Pacific Ocean. It was the eruption of the volcano on which...
Syed Badrul Ahsan | 2022-01-29 00:00:00
Let's face it. Afghanistan has lately been getting buried under a mound of newer issues coming up around the globe. The crisis over Ukraine is one. Add to that the endless battle against the coronavirus pandemic and the desperate efforts...
Shamsul Huq Zahid | 2022-01-28 00:00:00
The Dhaka North City Corporation (DNCC) deserves kudos. It has embarked on restoring some of the extinct canals of Dhaka by evicting the encroachers. Led by Mayor Atiqul Islam, DNCC teams are now seen knocking down illegal structures, including buildings,...
Nilratan Halder | 2022-01-28 00:00:00
Right now an eviction drive is being carried on by the Dhaka North City Corporation (DNCC) to free canals in Bosila area under Mohammadpur of unlawful occupation. It is an extensive drive and the powerful bulldozers of the corporation are...
Helal Uddin Ahmed | 2022-01-28 00:00:00
The 187 member-states of the International Labour Organization (ILO) adopted a Global Call to Action in June 2021 by targeting a human-centred recovery from the Covid-19 pandemic through incorporation of inclusivity, sustainability, and resilience in the agenda. That call was...
SIDDIQUE ISLAM | 2022-01-27 00:00:00
The central bank has asked scheduled banks to formulate a business continuity plan (BCP) soon for uninterrupted operations in any situation, officials say.The banks along with other financial service providers have also been instructed to prepare a list of key...
SYFUL ISLAM | 2022-01-27 00:00:00
The government issued guidelines permitting Bangladeshi entrepreneurs to make offshore equity investment to the tune of 25 per cent of net asset of a company -- to instant welcome from businesses. Seven core conditions are tied to the investment in...
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