MOHAMMAD MUFAZZAL | 2020-02-05 00:00:00
The securities regulator has served a show-cause notice on the Investment Corporation of Bangladesh (ICB) and one of its subsidiaries, seeking their explanation for a significant fall in the share price of IPDC Finance in July 2019.According to the show-cause...
DOULOT AKTER MALA | 2020-02-05 00:00:00
Businesses are facing difficulties to submit their VAT returns online following repeated complexities and cumbersome procedures.A number of large businesses have already lodged complaints with the VAT authority, as they failed to submit their returns online.However, the National Board of...
Siddique Islam | 2020-02-05 00:00:00
Community Bank Bangladesh Limited (CBBL) is set to reach out to teeming millions across the country with innovative banking product and services, the bank's top executive has said.As part of the strategy, the new generation private commercial bank (PCB) has...
Rezaul Karim | 2020-02-05 00:00:00
A private enterprise has sought the government's approval to import 100 million pieces of eggs from India, officials said, although the domestic production would be enough to meet the country's annual demand.The Gopalgongj-based trading house, Munshi Enterprise, recently requested in...
Saikat Chatterjee in London | 2020-02-05 00:00:00
Widely blamed for volatile "flash crashes" in currencies and equities, high-frequency algorithms may also be why shock global events, including the current coronavirus, seem to have lost their power to spook markets for any length of time.Whether stocks, bonds, currencies...
Zabid Iqbal | 2020-02-05 00:00:00
Of the various disaster risk mitigation Social Safety Net Programmes (SSNPs) run by the Government of Bangladesh, this article discusses three major ones. These are Vulnerable Group Feeding (VGF), Gratuitous Relief (GR) and Test Relief (TR). These SSNPs are designed...
Kjell Magne Bondevik in Oslo, Norway | 2020-02-05 00:00:00
After more than 70 years of terror, killings, torture, and disappearances, the international community must renew its efforts to end the conflict in Kashmir. In 2018 and 2019, the Office of the United Nations High Commissioner for Human Rights (UNHCR)...
Helal Uddin Ahmed | 2020-02-05 00:00:00
It is quite encouraging that Bangladesh's ranking in global gender gap index has risen to 50th in 2020 from that of 91st in 2006 - the first year of publishing the Global Gender Gap Report by the World Economic Forum...
MUNIMA SULTANA | 2020-02-04 00:00:00
Eastern Refinery Limited (ERL) has planned to double the refining capacity of crude oil with setting up of its second unit.Sources said 75 per cent of the country's demand for petroleum products is likely to be met after completion of...
Babul Barman | 2020-02-04 00:00:00
The government's revenue earnings from the Dhaka bourse slumped 39 per cent in seven months in the current fiscal year as trading volume was on the decline.Market analysts said sluggish trading activities coupled with low share sales by sponsor-directors affected...
Md Easin Molla | 2020-02-04 00:00:00
The noxious emissions, largely sulfur oxides, as well as nitrous oxides and particulate matter, have become a major environmental concern and have been proven to adversely affect global health as they're discharged into the atmosphere. According to a Goldman Sachs...
Razibul Razon | 2020-02-04 00:00:00
Correspondent banking is the provision of banking services by one bank (correspondent bank) to another bank (the respondent bank). By establishing multiple correspondent relationships globally, banks can undertake international financial transactions for themselves and for their customers in jurisdictions where...
Sarwar Md. Saifullah Khaled | 2020-02-04 00:00:00
As time goes on, the perils of plastic products is becoming a matter of growing concern. There is no disagreement that necessary steps should be taken to stop use of polythene bags and one-time plastic products all over the country,...
SIDDIQUE ISLAM | 2020-02-03 12:00:00
The government's net bank borrowing during the current month would be around Tk 46 billion, officials said.The net bank borrowing had reached Tk 508.42 billion until January 15 of the current fiscal year 2019-20, according to a BB's internal report.Such...
Nazrul Islam | 2020-02-03 12:00:00
Trade-based money laundering (TBML) is defined as a process of concealing the proceeds of trade-related earning through illegal trade transactions in an attempt to legitimise the illicit origin of money. It is one of the most methods of cleaning dirty...
Shamsul Huq Zahid | 2020-02-03 12:00:00
That scarcity of funds is one of the key reasons for the current moribund state of the country's stock market is an undisputed reality. But, with confidence of investors, individual and institutional, remaining at a very low level, no solution...
Doulot Akter Mala | 2020-02-03 00:00:00
The government has issued a regulation allowing female prisoners to enjoy special privileges after 13 years of passage of the relevant law by parliament.Female convicts would be able to enjoy special privileges including release on parole from jail under certain...
REZAUL KARIM | 2020-02-03 00:00:00
The government has turned down a proposal put forward by Japan Tobacco International (JTI) to commercially import finished cigarette into Bangladesh, officials said.JTI has recently requested the commerce ministry to issue import registration certificate (IRC) for bringing in finished cigarette,...
Frank-Jürgen Richter in Kreuzlingen, Switzerland | 2020-02-03 00:00:00
Artificial intelligence (AI) is permeating almost every aspect of life in advanced economies. From governments to businesses to individuals, AI's reach is sweeping, and its implementation is proving transformational.But the benefits are not just being felt in the developed world....
Neil Ray | 2020-02-03 00:00:00
On Saturday morning Dhaka greeted its residents with the utmost tranquillity imaginable as the sun poured its warmth on a city that looked quite unfamiliar. Unfamiliar because it was yet to come to terms with its new found respite from...
DOULOT AKTER MALA | 2020-02-02 00:00:00
The Dhaka Custom House (DCH) has put forward a proposal to install non-intrusive inspection tools worth Tk 2.14 billion at Hazrat Shahjalal International Airport (HSIA) to ensure security and speed up passenger services.The DCH came up with the idea as...
Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2020-02-02 00:00:00
On Tuesday, January 28 President Trump in presence of Israeli Prime Minister Netanyahu unfolded the latest Middle East Peace plan in the White House. The plan calls for recognition of Israeli sovereignty over the West Bank and parts of Jordan...
Harold James in Princeton, New Jersey, USA | 2020-02-02 00:00:00
Goodbye, Britain. Brexit is done. It's over. Some Britons are waving Union Jacks, and public buildings are illuminated in red, white, and blue. Having dramatically opened up a new space for political manoeuvre, the country is now celebrating its achievement.This...
NAZIMUDDIN SHYAMOL | 2020-02-01 00:00:00
CHATTOGRAM, Jan 31: Lighterage ship shortages are hampering maritime trade, making slow the loading and unloading of goods from mother vessels for the crisis.More or less 150 lighterage ships are needed to load and unload goods from mother vessels at...
MUNIMA SULTANA | 2020-02-01 00:00:00
The under-construction metro rail and Dhaka Elevated Expressway are the major air polluters in the capital, leaving people in severe health hazards, according to the Department of Environment (DoE).In December, the department collected air samples from some sites of the...
SYFUL ISLAM | 2020-02-01 00:00:00
The World Bank (WB) has suggested establishing a regulatory authority for private provident funds to oversee the operations of those.According to the Bank's sectoral review, more than 600 provident funds are active, which cover several million workers in Bangladesh.Such provident...
Ismail Hossain | 2020-02-01 00:00:00
Microfinance institutions (MFIs) have been asked to maintain hard copy of their general ledger to keep financial records as the entire financial sector is going digital and paperless.The Microcredit Regulatory Authority (MRA) in a recent circular directed the MFIs to...
Babul Barman | 2020-02-01 00:00:00
Stocks slipped into red in the outgoing week as investors sold shares amid the lower-than-expected earnings declared by large-cap companies.Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 44.24 points or 0.98 per cent to...
MUNIMA SULTANA | 2020-02-01 00:00:00
A move has been taken to develop a financial model for enabling profit sharing among bus operators to run city buses on six routes planned under a uniform bus company, officials said.The Dhaka Transport Coordination Authority (DTCA) has already formulated...
Helal Uddin Ahmed | 2020-02-01 00:00:00
The Eleventh Jatiya Sangsad election held in Bangladesh on December 30 2018 has been a significant milestone for sustaining parliamentary democracy and socio-economic progress in the country. Democracy and development are complementary to each other. Development is a continuous process,...
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