Siddique Islam | 2020-02-19 00:00:00
Farm credit disbursement grew by more than 8.0 per cent in the first seven months of the current fiscal year (FY) 2019-20 as the demand for such loan is picking up gradually due to seasonal effects.Disbursement of agriculture loan rose...
REZAUL KARIM | 2020-02-19 00:00:00
The government is likely to reduce import duties on sugar in order to ensure enough supply and stable prices of the commodity, especially during the upcoming Ramadan, sources said.To this end, the commerce ministry has already asked the National Board...
Poonam Mulchandani | 2020-02-19 00:00:00
Signing of phase 1 trade deal between US and China has come at a cost for other partner countries. Bilateral deals are usually dictated by discrimination. With the increasing proliferation of trade agreements in post-WTO era, it can be seen...
Leika Kihara, Daniel Leussink | 2020-02-19 00:00:00
Japan's economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China's coronavirus outbreak chills global activity.Analysts say the...
Kate Lamb in Buchan, Australia | 2020-02-19 00:00:00
Returning from a morning feeding his sheep, Jeff McCole, a 70-year-old farmer, paused to take in the bittersweet scene - a few droplets of rain falling onto the remains of his fire-ravaged home."Nothing like the sound of rain on a...
Hasnat Abdul Hye | 2020-02-18 12:00:00
That there is no unresolved miracle behind Bangladesh's spectacular economic performance over the past three decades is now evident to all. Earning the epithet of 'economic role model' has not been easy but it has been achieved, belying the spectre...
NAZIMUDDIN SHYAMOL | 2020-02-18 00:00:00
CHATTOGRAM, Feb 16: Chittagong Port, the prime seaport of the country, is now following international rules to check the spread of novel coronavirus.The Chittagong Port Authority (CPA) at a meeting on February 13 decided that the seamen of China as...
TALHA BIN HABIB | 2020-02-18 00:00:00
A Thai beverage company, ThaiBev, is set to submit an investment proposal in the beverage sector, considering the investment-friendly environment in Bangladesh and huge potential of the products in South Asian market.The company is expected to submit the proposal to...
Doulot Akter Mala | 2020-02-18 00:00:00
The Economic Relations Division (ERD) has found poor implementation of the Disbursement Linked Results (DLR) on major components of the VAT Online Project (VOP) that may affect getting its remaining fund from the World Bank (WB).Some 50 per cent or...
SYFUL ISLAM | 2020-02-18 00:00:00
Bangladesh mission in China has expressed the fear that export-import trade between Dhaka and Beijing may face a major setback due to the outbreak of the coronavirus.The outbreak of the coronavirus may also hit the Chinese supply chain, thus hampering...
Siddique Islam | 2020-02-18 00:00:00
The amount of troubled loans in the banking system dived in the fourth quarter of 2019, aided by the special facilities central bank offered to defaulters.The non-performing loans, or NPLs, shrank by nearly 19 per cent to Tk 943.31 billion...
Sarwar Md. Saifullah Khaled | 2020-02-18 00:00:00
It has been discovered that the bane of plastic wastes becomes boon of late in the form of new fibre that fires up hopes. The manmade fibre (MMF) comes as a spur to financial prospects. It promises not only to...
Gazi Mahabubul Alam and Shahadat Hossain | 2020-02-17 12:00:00
Although any production function comprises four elements (i.e. land, labour, capital and entrepreneurship), the geneses are land and labour. Capital has become a core element for the production function lately and as an instrument to cheaply exploit land and labour....
Shamsul Huq Zahid | 2020-02-17 12:00:00
Instances are many where the government and relevant other institutions themselves have given rise to problems in a number of important areas and then employed both money and time to resolve those, often in vain. The process is still on....
Engen Tham in Shanghai and Stella Qiu in Beijing | 2020-02-17 12:00:00
The number of new coronavirus cases in China fell on Sunday and a health official said intense efforts to stop its spread were beginning to work, as another 70 people tested positive on a virus-stricken cruise ship quarantined in Japan....
REZAUL KARIM | 2020-02-17 00:00:00
The government is set to procure a large quantity of key essential goods ahead of Ramadan to avert any possible crisis during the fasting month, officials said.The move came after an intelligence agency sounded warning about creating artificial crisis of...
Munima Sultana | 2020-02-17 00:00:00
The under-construction metro rail has blocked the scope of constructing any other road infrastructure in its corridor, as height level of the mass rapid transit (MRT) line was lower than standard world practices, according to transport experts.They also said the...
SYFUL ISLAM | 2020-02-17 00:00:00
The central bank has refused to grant the securities regulator the access to its database for scrutinising the credit record of individuals or potential bond issuers, officials said. The Bangladesh Securities and Exchange Commission, or BSEC, sought the access as...
Neil Ray | 2020-02-17 00:00:00
Childhood cancer devastates families. With parents now mostly opting for a single or two-child family and the absence of advanced cancer treatment in the country, emotional, psychological and financial impacts are bound to be unbearable. The disease does not discriminate...
NAZIMUDDIN SHYAMOL | 2020-02-16 00:00:00
CHATTOGRAM, Feb 15: The trial transshipment between Bangladesh and India is likely to be started after two months, sources said.Chattogram Port and Kolkata Port Trust (KPT) are being readied to this effect.Primarily, transshipment containers and cargoes will be transported to...
DOULOT AKTER MALA | 2020-02-16 00:00:00
The VAT intelligence team has asked banks to provide details of private companies having yearly transaction or balance of Tk 1.0 billion or more.The move is intended to locate "ghost" firms who evade taxes.Manufacturing companies, banks, insurance and leasing companies...
Munima Sultana | 2020-02-15 00:00:00
The Department of Environment (DoE) is yet to execute the decision to free Secretariat area from honking and sound nearly two months after announcement of its effectiveness aiming to reduce noise pollution.Sources said since the decision was made effective on...
Rezaul Karim | 2020-02-15 00:00:00
The government is contemplating imposing service charge on export consignment under the European Union's (EU) Registered Exporter System (REX) aiming to retain the GSP facility there, officials said. The rate of service charge is likely to be fixed at Tk...
SYFUL ISLAM | 2020-02-15 00:00:00
Bangladesh's exports to the United Kingdom are set to face stiff competition as Britain is preparing for its new tariff policy after leaving the European Union.The tariff policy will come into force in January next, bringing duties of the products...
Babul Barman | 2020-02-15 00:00:00
Stocks rebounded strongly in the outgoing week as investors put fresh stakes in shares thanks to the central bank's bailout package to boost the ailing capital market.Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by...
Asjadul Kibria | 2020-02-15 00:00:00
To people of Bengal, Mirza Asadullah Baig Khan, popularly known as Mirza Ghalib, is the most popular Urdu poet. Ghalib's poems, known as Gazal or Sher in Urdu, have immense emotional impact on the minds of Bengali poem lovers. A...
Nilratan Halder | 2020-02-15 00:00:00
What a coincidence! The 1st day of Falgun that heralds the advent of the king of seasons -the Spring and the Valentine's Day -a day dedicated to love, embrace each other to disprove Kipling and the twain meet together rather...
Asjadul Kibria | 2020-02-15 00:00:00
A lot has been discussed about the terrible condition of public buses in Dhaka. Commuters are forced to take their regular rides on risky and ramshackle buses and minibuses -ones that are also polluting the air every day. To get...
Abdul Bayes | 2020-02-15 00:00:00
Many confuse between access to and availability of food. Amartya Sen, the Nobel Laureate, was the first to point out the mismatch in a number of his essays on food entitlement. That famine could occur even when food is plenty...
Kemal Dervis in Washington, DC | 2020-02-15 00:00:00
A time-honoured but often problematic practice in basic welfare economics is to separate efficiency considerations from distributional concerns. In an economy with given endowments and a given distribution of them, the argument goes, there exists a set of prices that...
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