Md. Zillur Rahaman | 2020-03-12 12:00:00
When the banking sector is plagued by massive non-performing loans, agent banking service (ABS) has made significant contribution to the rural economy over the past few years. It is still becoming popular in the grassroots areas across the country.People are...
Siddique Islam | 2020-03-12 00:00:00
Bangladesh's import orders dropped by more than 12 per cent or nearly US$663 million in January last due to supply chain disruption caused by the coronavirus outbreak in China.Opening of letters of credit (LCs), generally known as import orders, came...
Munima Sultana | 2020-03-12 00:00:00
Bangladesh Railway (BR) is yet to take adequate preparations to protect its hundreds of thousands of passengers against coronavirus.Since coronavirus patients were detected in the country, BR has instructed all the railway stations to keep waiting rooms and toilets clean.In...
Touhid Kamal | 2020-03-12 00:00:00
The real world is full of uncertainties. As a team leader, the first objective is to create a plan for the team. A team leader is expected to sit with the team members, listen to what they have to say,...
Sagira Sultana Provaty | 2020-03-12 00:00:00
The global stock markets appear to be in a long-term economic downturn from the novel coronavirus (COVID-19) outbreak, which has now spread rapidly from the world's second-largest economy, China, to all the continents. Indexes of international capital markets plummeted drastically...
Jomo Kwame Sundaram in Kuala Lumpur, Malaysia | 2020-03-12 00:00:00
The US is currently still in a stock market bubble which, if history is any guide, is likely to end, perhaps soon due to Covid19. President Trump would, of course, like to sustain it to strengthen his November re-election prospects.Meanwhile,...
Helal Uddin Ahmed | 2020-03-12 00:00:00
The novel coronavirus (Covid-19) has at last struck Bangladesh. Originating from the wildlife market of China's Wuhan city in December 2019, it has now become a global phenomenon within three months, with its presence felt in more than 100 countries,...
David Ahn and Robert H. Dugger in Alexandria, Vrignia, USA | 2020-03-12 00:00:00
In a 2017 speech, John Williams, then the president of the Federal Reserve Bank of San Francisco, warned that, "post-financial crisis, things are returning to normal. But normal may look and feel quite a bit different from what you're used...
REZAUL KARIM | 2020-03-11 00:00:00
Financial discrepancies amounting to Tk 51 million (US$ 603,947) have been detected recently in the Janata Exchange Company Inc. (JECI) USA, a subsidiary of state-run Janata Bank, officials said.The discrepancies came to the surface after the newly appointed CEO of...
SYFUL ISLAM | 2020-03-11 00:00:00
A government body has suggested providing special financial incentives to the coronavirus-affected sectors to help them offset the impacts.Business Promotion Council (BPC) that operates under the Ministry of Commerce (MoC), after a meeting with the trade bodies representing the affected...
SIDDIQUE ISLAM | 2020-03-11 00:00:00
The central bank has advised more than a dozen of scheduled banks to expedite the ongoing process of creating their special funds for investment in the capital market. In the latest move, Bangladesh Bank (BB) Governor Fazle Kabir and other...
Mohammad shafiqul Islam | 2020-03-11 00:00:00
Lending facilities of banks are still major sources of funds for Bangladeshi industries, businesses and new ventures. Though there are alternative sources of funds, bank finance plays the predominant role. So, risk is closely associated with lending. In order to...
Asjadul Kibria | 2020-03-11 00:00:00
The government's move to increase insurance coverage of single depositor of any bank has created some confusion and debate regarding the protection of depositors' money. The existing insurance coverage of any bank deposit is Tk 1.0 lakh only. It means,...
Abdullah A. Dewan | 2020-03-11 00:00:00
My macroeconomics class lecture today (March 10) covered the potential adverse economic consequences of the Novel Coronavirus (COVID-19) pandemic - an impromptu lecture topic, if you will - on the US and the global economy. I began my lecture by...
Munima Sultana | 2020-03-10 00:00:00
The Public-Private Partnership Authority (PPPA) has postponed a scheduled meeting of Bangladesh-Japan joint platform following detection of coronavirus infected patients in the country, sources said.They said that the PPPA on Monday took the decision through consultation with the Ministry of...
SIDDIQUE ISLAM | 2020-03-10 00:00:00
The central bank has resumed purchasing the US dollar from the commercial banks after around three years to help the country's foreign exchange (forex) market remain stable.As part of the move, the Bangladesh Bank (BB) directly bought US$110 million from...
Doulot Akter Mala | 2020-03-10 00:00:00
The number of zero return submission by both corporate and individual taxpayers has reached over 400,000 so far of the current fiscal year, in a sign taxpayers conceal the actual income.The submission accounts for 22.30 per cent of the total...
Shamsul Alam | 2020-03-10 00:00:00
As we are well-aware of, Bangladesh is set to graduate from least developed country (LDC) status by 2024 and become an upper middle income country by 2031. Bangladesh aims at becoming a 'High Income Country' by 2041; only economic freedom...
Sarwar Md. Saifullah Khaled | 2020-03-10 00:00:00
Mosquitoes have of late become a dangerous insect spreading various types of diseases across the country. With the advent of warmer season the city dwellers around the country are terribly smarting from mosquito bite.To get rid of the attack of...
SIDDIQUE ISLAM | 2020-03-09 00:00:00
Deficit in the current account balance has declined significantly in the first seven months of the current fiscal year (FY), 2019-20, on the back of shrinking merchandise trade gap.Bangladesh's trade deficit narrowed down by 2.33 per cent or US$230 million...
DOULOT AKTER MALA | 2020-03-09 00:00:00
A number of government officials have raised their concern over huge mismatch between actual amount and system-generated amount of their provident fund (PF), prepared using the Integrated Budget and Accounting System (iBAS++). They also said they will have to claim...
MUNIMA SULTANA | 2020-03-09 00:00:00
The agent banking is expanding fast among the female clients in the remote areas across the country, but the services still remained well behind the level as expected by Bangladesh Bank, officials said.They said the agent banks were mainly providing...
Shamsul Alam | 2020-03-09 00:00:00
The United Nations General Assembly at its 70th session held on September 25, 2015 adopted the outcome document of the UN summit for the adoption of the post-2015 development agenda entitled 'Transforming Our World: the 2030 Agenda for Sustainable Development'...
Neil Ray | 2020-03-09 00:00:00
When are parents compelled to flee their oppressive sons? It is at a time when they are old and infirm and cannot take the latter into confidence. A report carried in a Bangla contemporary is overwhelmingly distressing. It relates to...
Shamsul Huq Zahid | 2020-03-09 00:00:00
The fear that the sizeable cut in interest rates of deposits by banks is likely to push the potential depositors to cooperative societies and multi-level marketing (MLM) firms is very much real. The cooperatives and MLM companies are known for...
Doulot Akter Mala | 2020-03-08 00:00:00
Aklima Begum (Pseudonym), a 24-year-old poor village woman, totally broke down after her husband and family refused to let her stay with them at home. Due to frequent leaking of urine, she was living a horrible life. Bad odour made...
Phumzile Mlambo-Ngcuka, | 2020-03-08 00:00:00
2020 is a massive year for gender equality. And the benefits of gender equality are not just for women and girls, but for everyone whose lives will be changed by a fairer world that leaves no one behind. It's the...
Kemal Dervis and Sebastián Strauss in Washington, DC | 2020-03-08 00:00:00
Throughout history, crisis and human progress have often gone hand in hand. While the growing COVID-19 pandemic could strengthen nationalism and isolationism and accelerate the retreat from globalisation, the outbreak also could spur a new wave of international cooperation of...
DOULOT AKTER MALA | 2020-03-07 00:00:00
A number of large business groups have come across a new-found opportunity in rooftop solar power projects amid the rising prices of fossil fuel and power tariff.They are increasingly investing in such roof-top projects for running their industrial units.The state-owned...
SYFUL ISLAM | 2020-03-07 00:00:00
State-run Bangladesh Krishi Bank, or BKB, has once again sought Tk 20 billion in loan from the central bank's refinancing scheme to continue its farm lending, officials say.The cash-strapped bank took out Tk 10 billion loans in September last year...
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