SIDDIQUE ISLAM | 2021-05-12 00:00:00
The inter-bank call money rate remained almost stable on Tuesday, as banks are flooded with excess liquidity amid poor credit demand from businesses - mainly due to the ongoing Covid-19 pandemic, bankers said.The weighted average rate (WAR) on call money...
Md Shamsul Arefin | 2021-05-12 00:00:00
Everyone will accept that increased agricultural yields, the surge of migrants' remittances and development of the garments industry have triggered growth of our economy in recent times. But most importantly behind the scene, it is the present government that has...
NAZIMUDDIN SHYAMOL | 2021-05-11 00:00:00
CHATTOGRAM, May 05: Land grabbers are having a field day, especially in the port city, after the government relaxed lockdown late last month allowing super markets, shopping centres and shops to reopen.After remaining in hibernation during a series of weeklong...
MUNIMA SULTANA | 2021-05-11 00:00:00
The country's first metro rail is expected to start its test run from Uttara depot site to Pallabi end this month.Kawasaki-Mitsubishi, the Japanese contractor for the rolling stock of the mass rapid transit line-6 to be set up in the...
DOULOT AKTER MALA | 2021-05-11 00:00:00
The Chittagong Port Authority (CPA) has recommended doubling the number of private inland container depots (ICDs) to facilitate delivery of imported goods from the off-docks and make doing business easy.It urged the stakeholders concerned to invest more in setting up...
BABUL BARMAN | 2021-05-11 00:00:00
Most of the listed banks have declared higher dividends for the year ended on December 31, 2020 than that of the previous year as the profit margins rose due to relaxed provisioning amid ongoing pandemic.Of the 31 banks listed with...
Syed Fattahul Alim | 2021-05-11 00:00:00
How much oxygen does a tree produce? A study says, a mature leafy tree produces as much oxygen in a season as 10 people inhale in a year. On average, one tree makes 260 pounds of oxygen each year. Two...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-05-11 00:00:00
Unlike the first wave of the Covid pandemic, the second wave has brought a number of new challenges for the agriculture sector. These include damage to paddy production due to blast disease and heat wave in a number of districts,...
Nazimuddin Shyamol | 2021-05-10 00:00:00
CHATTOGRAM, May 09: Eid shopping gained momentum in the port city on Sunday as people rushed to different markets and shopping centers to buy dresses, cosmetics, ornaments and different other items of their choice.Eid-ul-Fitr, the biggest religious festival of the...
MUNIMA SULTANA | 2021-05-10 00:00:00
The authorities concerned will have to review the feasibility study and detailed design of more than 80 per cent of the country's highways due to a recent decision to change service lane design.The Roads and Highways Department (RHD) has recently...
SIDDIQUE ISLAM | 2021-05-10 00:00:00
The interest rate spread widened slightly in March last as the banks cut their deposit rates deeper than that of the lending ones, bankers have said.The weighted average spread between the lending and deposit rates, offered by the scheduled banks,...
Doulot Akter Mala | 2021-05-10 00:00:00
Most of the manufacturing industries, despite maintaining financial statements centrally, are unable to obtain central VAT registration due to a 'faulty' piece of legislation, businesses alleged.Large companies having multiple distribution centres have to obtain VAT registration for each of their...
Mohammad Mufazzal | 2021-05-10 00:00:00
Some local and foreign companies have showed interest to work as arranger of fund to be issued by the state-run Investment Corporation of Bangladesh (ICB) through the issuance of bond.Of the foreign companies, the Credit Suisse, a leading investment bank...
Graham Peebles | 2021-05-10 00:00:00
In what feels like a throwback to another era, banks and big business are once again talking about 'growth', and economic development. Both of which amount to the same thing to the men and women of money - profit.After over...
Zsolt Bango and Diego Rivetti | 2021-05-10 00:00:00
International Develop-ment Association (IDA) countries have been relying increasingly on their domestic markets to meet their borrowing needs. This trend is welcome. Well-functioning and liquid domestic debt markets provide a stable source of funding during normal times and a buffer...
Shamsul Huq Zahid | 2021-05-10 00:00:00
Since the government offered a fresh opportunity to legalise the 'undisclosed' - a word deliberately used to hide the true identity of illegally earned funds - money in the budget for the current fiscal year (FY), some business leaders and...
DOULOT AKTER MALA | 2021-05-09 00:00:00
The Asian Development Bank (ADB) has pointed out some key areas where customs crucially need to develop its capacities for trade facilitation.The areas include customs classification of goods, valuation, investigation and enforcement, quick clearance of goods, post-clearance audit, money laundering...
Caroline Miranda, Fernando Blanco and Ttatiana Nenova | 2021-05-09 00:00:00
The opening sentence of Tolstoy's Anna Karenina is among the most famous in world literature, but it has a special significance to economists, for whom it represents a principle that can be applied in multiple contexts and fields of study....
Abdelhak Senhadji, Dora Benedek, Edward Gemayel, and Alexander Tieman | 2021-05-09 00:00:00
The pandemic's impact on the world's poor has been especially harsh. Covid-19 may have pushed about 100 million people into extreme poverty in 2020 alone, while the United Nations (UN) warns that in some regions poverty could rise to levels...
DOULOT AKTER MALA | 2021-05-08 00:00:00
A section of field-level VAT and customs officials are found reluctant to use the automated system under VAT Online Project (VOP), businesses have alleged.The relevant officials instead of availing the system ask the importers and traders to submit documents manually...
SYFUL ISLAM | 2021-05-08 00:00:00
Bangladesh is enacting new customs rules to administer all the tariff preferences given under various bilateral, regional and multilateral pacts, officials have said.The new rules being framed by the National Board of Revenue (NBR) will be identical to those the...
BABUL BARMAN | 2021-05-08 00:00:00
Stocks extended the winning streak for the fourth consecutive week as investors continued their buying interest based on better-than-expected earnings and eased virus worries.The week saw five trading days as usual. Of them, four sessions closed higher while one faced...
Tapash Chandra Paul | 2021-05-08 00:00:00
As the Covid-19 global pandemic has mired economies around the world and thrown the future of the global economy into ambiguity, Bangladesh's economy (the ratio of trade volume to GDP was 31.5 per cent in FY 2018-19) is also affected...
Hasnat M Alamgir | 2021-05-08 00:00:00
Work-related musculoskeletal symptoms and disorders (MSSDs) are among the most repeatedly reported causes of missed workdays or restricted work time among workers in many industrialised countries and according to one estimate, MSSD cases account for about one-third of all worker...
Syed Fattahul Alim | 2021-05-08 00:00:00
With the Eid-ul-Fitr around the corner, tension is mounting among health experts if the impending exodus of Eid holidaymakers from the capital and other big cities may finally cause to reverse the ongoing falling trend in Covid-19 infection rate in...
Siddique Islam | 2021-05-07 00:00:00
Imports from the Asian Clearing Union (ACU) member countries increased by more than 23 per cent in the March-April period of this calendar year, officials said.The amount of ACU payment rose to US$1.75 billion during the period of 2021 from...
Munima Sultana | 2021-05-07 00:00:00
The Dhaka-Sylhet highway widening work is finally going to see the light of the day after more than five years, as the first tender of the nearly 210 kilometre road has recently been opened.On April 29, Roads and Highways Department...
Shamsul Huq Zahid | 2021-05-07 00:00:00
At least 26 people died last Monday when the speedboat they were on crashed into a sand-carrying bulkhead in the river Padma.Five other passengers of the boat were rescued alive by the local people. As expected, the accident triggered lots...
Nilratan Halder | 2021-05-07 00:00:00
At the time of approval of 10 projects worth Tk 119,01 billion at a virtual meeting of the executive committee of the national economic council (ECNEC), Prime Minister Sheikh Hasina raised a pertinent question about the capability of financing their...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-05-07 00:00:00
At a time when the government should opt for increasing public expenditure to accelerate economic recovery, it appears to have taken measures that are not commensurate with the needs of the time. As of December FY21, the overall budget deficit...
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