FE Today Logo

Search results for: l


E-payment of tax to be made mandatory

Doulot Akter Mala | 2021-07-27 00:00:00

Electronic payment (e-payment) of tax, which is now optional in some cases, will be gradually made mandatory in all the wings of the National Board of Revenue (NBR).The level of compliance in areas where e-payment is optional has been very...

Thrust on aggressive marketing strategy

REZAUL KARIM | 2021-07-27 00:00:00

The Bangladesh mission in the UK has come up with a set of suggestions, including 'aggressive marketing strategy', aimed at absorbing the potential economic shocks following the free trade agreement between the UK and Vietnam.Other suggestions include increasing exports of...

Afghanistan: Back to Square One?

Air Cdre (Retd) IshfaqIlahi Choudhury | 2021-07-27 00:00:00

As the US and NATO forces abandon Afghanistan after 20 years of engagement, the Taliban forces are consolidating their position across the country. It appears that the Afghan Government forces are collapsing faster than anyone predicted. It is almost a...

Spying tools a threat to privacy

Syed Fattahul Alim | 2021-07-27 00:00:00

The spyware, Pegasus, made by an Israeli cyber security company, NSO Group, has recently hit headlines. However, this sophisticated malware (malicious software) has been around for several years prying surreptitiously into the iPhones and other electronic devices owned by people...

Banks warned of stimulus fund flow to 'unproductive' sectors

SIDDIQUE ISLAM AND BABUL BARMAN | 2021-07-26 00:00:00

As part of a precautionary measure to avert a possible 'asset bubble', Bangladesh Bank (BB) has warned the commercial banks of diverting funds to unproductive sectors like stock market or real estate.The central bank alerted the scheduled banks amid huge...

Probe body finds two staffers responsible

MUNIMA SULTANA | 2021-07-26 00:00:00

The inquiry committee, formed to investigate the accident of hitting a pillar of the Padma Bridge by a ferry, held two staffers of the ro-ro ferry responsible.The committee stated that they could have avoided the accident by crossing the river...

ICDs can handle all import containers

SYFUL ISLAM | 2021-07-26 00:00:00

The National Board of Revenue (NBR) has permitted handling of all types of import containers through private inland container depots (ICDs) to lower congestion in the Chittagong Port during the pandemic-induced lockdown, officials said. Earlier, the ICDs were allowed to...

Man on ailing Earth suffers the consequences

Neil Ray | 2021-07-26 00:00:00

The planet Earth is in turmoil. Its health does not at all look sound. In the first year of the pandemic, the Earth got some breathing respite on account of widespread lockdowns across most parts of its length and breadth....

A bank loan that tells a tale of woes

Shamsul Huq Zahid | 2021-07-26 00:00:00

What an irony! Banks are finding it difficult to woo clients for their consumer loan that is now offered at very attractive interest rates.The demand for this particular type of loan plummeted to the lowest ever level in 2020 and...

Collection up 61.09pc in five yrs

DOULOT AKTER MALA | 2021-07-25 00:00:00

Advance tax collection from depositors has jumped by 61.09 per cent in the past five years, thanks to the expansion of banking services to bring more people under recorded transactions.Around 1.0-million depositors are paying taxes on their interest amount irrespective...

How to provide opportunities for all: Bangladesh case

Lucas Arribas Layton, Oni Lusk-Stover, Keiko Inoue and Shobhana Sosale | 2021-07-25 00:00:00

"The way I had to struggle, I hope other women do not struggle as much. I want to help women find jobs and advance themselves," Jenatul Ferdous Min says, expressing not only ambitions for herself but for all Bangladeshi women.Bangladesh...

Delhi reminds Dhaka to remove port restrictions

SYFUL ISLAM | 2021-07-24 00:00:00

New Delhi has reminded Dhaka again to remove port restrictions for smooth export of Indian goods using Bangladeshi land ports, officials said.The giant neighbour in this case referred to its note verbale of September 2020 and the 13th meeting of...

Professional jealousy and backbiting

Md. Ziauddin Iqbal | 2021-07-24 00:00:00

Professional jealousy and backbiting in the workplace are emerging as alarming social diseases. Professional jealousy and backbiting are very common in the society. It may be termed as a severe social disease that sees many persons fall sick and suffer....

Fading colours of life in time of pandemic

Nilratan Halder | 2021-07-24 00:00:00

"Life is like a rainbow. You need both sun and rain to make its colours appear." A 29-year-old social media personality and instagram star from Saudi Arabia has perhaps captured life in the above quotation as best as humanly possible...

Stocks extend rally as major sectors soar

BABUL BARMAN | 2021-07-24 00:00:00

Stocks closed higher in the shortened week that ended on Monday as investors put fresh bets on major sector issues amid post-Eid expectations.The week featured only two trading days as the market remained closed on July 20, 21 and 22...

Economic corridors as infrastructure of extraction

Charlie Thame  | 2021-07-24 00:00:00

Economic corridors are geographically targeted development initiatives currently under construction on nearly every continent of the planet. While hard infrastructure such as transportation links, power generation, ports, and industrial zones contrive a spine, economic corridors are distinguished by accompanying “soft...

Making space travel affordable

Syed Fattahul Alim | 2021-07-24 00:00:00

Jeff Bezos, the former CEO and cofounder of the world's e-business giant, Amazon, has successfully made his suborbital space voyage. After getting separated from the reusable New Shepard Rocketship,the capsule,in which Bezos and three of his companions-his brother Mark Bezos,...

Simon Dring: A personal tribute

Syed Badrul Ahsan | 2021-07-24 00:00:00

When I first met him in his office in Camden, London, it was with love that he spoke of Bangladesh, of the experience of the country that had become part of his memory. The time was the late 1990s and...

Targeted sectoral policy and operational measures for export diversification during post-Covid period

Khondaker Golam Moazzem | 2021-07-24 00:00:00

In recent months, Bangladeshi exporters revealed a positive news regarding receiving additional export orders originated from new sources. Exporters of apparels products claim they have received orders which are usually placed to counties like Myanmar and India. During the period...

BR seeks to start freight service from Aug 1

MUNIMA SULTANA | 2021-07-20 00:00:00

Bangladesh Railway (BR) has proposed starting the regular cross-border freight service between Bangladesh and India through Chilahati-Haldibari corridor from August 1, seven months after inauguration of the service.The Bangladesh side made the proposal during a meeting with the Indian Railway...

Call money rate almost stable

SIDDIQUE ISLAM | 2021-07-20 00:00:00

The call money (CM) rate remained almost stable on Monday, the last working day before the Eid vacation, as banks were flooded with excess liquidity amid poor credit demand due to the ongoing Covid-19 pandemic, bankers said. The weighted average...

NBR clarifies provision on investment

DOULOT AKTER MALA | 2021-07-20 00:00:00

Formation of paid up capital after establishing a new company or purchasing land alone in the name of a company would not be considered as visible investment to avail money whitening opportunity.People, who are willing to formalise undisclosed money through...

Giving football a chance

Syed Fattahul Alim | 2021-07-20 00:00:00

Supporters of Argentina and Brazil teams from the eastern district of Brahmanbaria clashed over the result of the Copa America final match leading to several persons getting injured. Copa America is a purely South American football event. Why should football...

The global recovery is bypassing the poorest countries

Indermit Gill & Akihiko Nishio | 2021-07-20 00:00:00

The global economy is booming-or so it might seem. Global growth is surging again, only a year after Covid-19 triggered the deepest recession since World War II. This year is likely to mark the strongest post-recession rebound in 80 years:...

Non-resident cos hit hurdles

Doulot Akter Mala | 2021-07-19 00:00:00

Several non-resident companies (NRCs) could not submit their VAT returns on time because of the complexities involving VAT law compliance, officials said. They said two global technology giants - Google and Amazon - failed to file their VAT returns within...

Expansionary stance to continue in FY'22

SIDDIQUE ISLAM | 2021-07-19 00:00:00

Bangladesh Bank (BB) has decided to continue with the expansionary monetary policy stance (MPS) during the current fiscal year (FY) to facilitate the recovery of the pandemic-hit economy, officials said.The decision was taken at a meeting of the BB board...

ITDCL set to miss deadline to ready 11.73-km track

Munima Sultana | 2021-07-19 00:00:00

When the metro rail company finds it hard to revise the schedule for launching MRT Line-6 amid the deteriorating coronavirus situation, it faces trouble with its Thai contractor for taking more time in completing the first half of the line.Sources...

Super spreader events exact a heavy price

Neil Ray | 2021-07-19 00:00:00

At a time when the country's daily death from Covid-19 is more than 200 and the infection rate around 30 per cent, the lockdown has been relaxed. The reason for the relaxation, as announced officially, is to facilitate movement of...

The poor and rising prices of essentials

Shamsul Huq Zahid | 2021-07-19 00:00:00

The country is going through the most difficult phase of the pandemic. Health authorities are finding it difficult to cope with the surge of patients in district hospitals almost half of which do not have the facilities such as central...

Tax receipts from DSE hit 10-year high

BABUL BARMAN | 2021-07-18 00:00:00

The government's revenue earnings from the Dhaka bourse hit a 10-year high to Tk 2.66 billion in the just concluded fiscal year.Market operators said on the back of rising trading volume, the government earnings from the prime bourse rose accordingly,...