Hasnat Abdul Hye | 2020-01-03 00:00:00
Review of economic events and outcome of the same for Bangladesh economy during 2019 can be made systematically, beginning from the global through macro to micro economics contexts. The following appraisal adheres to that template, using figures from different sources.Globally,...
Md Safiullah Saikat | 2020-01-02 00:00:00
The grand finale of the financial case competition, Blueprints 5.0, drew to conclusion on December 23, 2019. Organised by North South University (NSU) Finance Club for the fifth successive time, Blueprints 5.0 had a total of 324 national teams participating...
Nazimuddin Shyamol | 2020-01-02 00:00:00
CHATTOGRAM, Jan 01: Chittagong Port, the prime sea port of Bangladesh, handled a record number of containers and highest quantity of cargoes in the previous year.Sources at the Chittagong Port Authority said the sea port handled over 3.08 million (30...
SIDDIQUE ISLAM | 2020-01-02 00:00:00
Inward remittance grew by nearly 18 per cent to a record $18.42 billion in the just-passed 2019 for a government effort to incentivise remitters.The figures jumped from $15.53 billion in 2018, according to the central bank's latest statistics.Financial incentive along...
DOULOT AKTER MALA | 2020-01-02 00:00:00
The government has decided to establish a 'revenue think-tank' to support its proposed medium-term revenue strategy (MTRS), aimed at increasing the tax-GDP ratio.The country's tax-GDP ratio -- around 10 per cent -- is one of the lowest in this region.The...
Mohammad Mufazzal | 2020-01-02 00:00:00
Share transactions through DSE-Mobile app continued to rise as the number of active users of this digital application rose 30 per cent in the just concluded calendar year compared to previous year.The number of active users of the DSE mobile...
Dilip Barua | 2020-01-02 00:00:00
The New China which was established in 1949 under the leadership of Comrade Mao Zedong has become the world's second largest economic power with creative and innovative practice of Marxism in localised form. As Marxism has its own dynamism, so...
Isabel Ortiz in New York | 2020-01-02 00:00:00
The year 2019 has ended with widespread demonstrations, rising inequality, and a crisis of representation in many countries. The world is sleepwalking toward recession and a new crisis, while depleting the environment. Governments, and ultimately people, can reverse these alarming...
SIDDIQUE ISLAM | 2020-01-01 00:00:00
The operating profits of the country's private commercial banks (PCBs) witnessed a 'slower growth' in the outgoing calendar year (2019) because of a rising trend in classified loans in the banking sector.Most of the banks, however, maintained growth in their...
SYFUL ISLAM | 2020-01-01 00:00:00
A government body has suggested appointing 'tax detectives' in Bangladesh missions abroad, updating the double-taxation deal with Switzerland and exchanging views with the countries where most of the laundered money goes.The recommendations have been made to help remove obstacles to...
MOHAMMAD MUFAZZAL | 2020-01-01 00:00:00
The listed mutual funds (MFs) were in dire straits throughout 2019 as investors lost their confidence in the sector following their poor returns.Following investors' less participation, the unit prices of majority number of listed mutual funds (MFs) were below the...
Babul Barman | 2020-01-01 00:00:00
Net foreign investment on Dhaka Stock Exchange remained negative for two straight years in 2018 and 2019 as the overseas investors continued to pull out their fund amid depressed market outlook.The net foreign investment was Tk 4.88 billion in negative...
Abdur Rahman Chowdhury in Falls Church, Virginia, USA | 2020-01-01 00:00:00
Sir Fazle Hasan Abed, the founder of BRAC, world's largest non-governmental organization (NGO), passed away in the evening of December 22 at a hospital in Dhaka. His death marked the end of an era.I have had the unique opportunity to...
Harold James in Princeton, New Jersey, USA | 2020-01-01 00:00:00
We are at the end of a decade that has no name. The 2010s cannot really talk about itself, and this confusion is only partly born of semantics. While the term "noughties" was applied to the first decade of the...
Abdullah A Dewan | 2020-01-01 00:00:00
In its December 18, 2019 report, Bangladesh Bureau of Statistics (BBS) claimed that the overall poverty rate dropped1.3 per cent to 20.5 per cent in the Fiscal Year 2018-19 compared to the preceding FY while the extreme poverty rate dropped...
Asjadul Kibria | 2019-12-31 12:00:00
There is a strong signal of economic slowdown during the first-half of the current fiscal year (FY20). Drop in exports and imports, shortfall in tax collection, drastic decline in stock market, rise in the cost of borrowing and modest growth...
Nazimuddin Shyamol | 2019-12-31 00:00:00
CHATTOGRAM, Dec 30: Lack of recreation places and absence of modern amusement facilities have been depriving the port city-dwellers and tourists of proper entertainment.There are no proper entertainment places like modern park with adequate amusement facilities and items, including rides...
Ismail Hossain | 2019-12-31 00:00:00
The country's telecom sector witnessed a bumpy year in 2019, marred by noisy arguments between the regulator and operators - Grameenphone and Robi - over audit claims of around Tk 130 billion. It, however, showed some positive signs as there...
BABUL BARMAN | 2019-12-31 00:00:00
The capital market passed yet another gloomy year as the core index of the Dhaka Stock Exchange (DSE) lost 18.5 per cent year-on-year in 2019, after hitting a 42-month low.After the stock market crash in 2010-2011, the government came up...
SIDDIQUE ISLAM | 2019-12-31 00:00:00
Top managements of the country's banks, particularly the private commercial banks (PCBs), have agreed to bring down their interest rates on all loans, except on credit cards, at 9.0 per cent from the existing level from April 01, 2020, instead...
Syed Jamaluddin | 2019-12-31 00:00:00
Real Estate and Housing Association of Bangladesh (REHAB) organised a Winter Fair on December 24-28 at the Bangabandhu International Conference Centre in the capital. Addressing the ceremony as chief guest, Housing and Public Works Minister said that a cut in...
Md Easin Molla | 2019-12-31 00:00:00
The most significant regulation for international shipping industry regarding air emissions is the upcoming IMO Global Sulphur Cap to reduce air pollution from ships. In October 2016 the International Maritime Organisation (IMO) agreed to "1St January 2020" as the effective...
Sarwar Md. Saifullah Khaled | 2019-12-31 00:00:00
A severe cold-wave has swept the country, especially the northern region in recent times, causing untold sufferings to people. The people belonging to the low income bracket are affected most by the cold weather. In mild to moderate cold-spells, elderly...
MUNIMA SULTANA | 2019-12-30 00:00:00
More than double this year's allocated funds have been sought for a single project in the middle of this fiscal to open the country's first expressway on Mujib Year.Road transport and bridges minister Obaidul Quader wrote to Finance Minister AHM...
Neil Ray | 2019-12-30 00:00:00
So long the popular belief was that air pollution adversely affects physical health but now a study finds strong correlation between toxic air and depression. Researchers at the University College London, on an extensive analysis of research data from 16...
Shamsul Huq Zahid | 2019-12-30 00:00:00
The remittance inflow remains to be one of the few silver linings in an otherwise not-so-buoyant economy at the moment. The remittance earnings, according to a report published in The Financial Express, are set to be over $18 billion at...
TALHA BIN HABIB | 2019-12-29 00:00:00
The government's trading arm TCB might land in trouble with the onion in its stock as the new harvest and imports have sapped the demand in the local market.The Trading Corporation of Bangladesh (TCB) now sees no rush of consumers...
David Sainsbury in London | 2019-12-29 00:00:00
Over the last 25 years, the relative growth rates of the world's major economies have changed dramatically. Six developing countries in particular - China, South Korea, India, Poland, Indonesia, and Thailand - have grown extremely fast during this period. The...
Hasnat Abdul Hye | 2019-12-29 00:00:00
Intelligentsia, economists included, have a sort of love-hate relationship with economic growth. They love it because growth means increasing volume of goods and services that help to uplift standard of living. But they don't like that much the income inequality...
REZAUL KARIM | 2019-12-28 00:00:00
Nearly 31,000 companies have remained traceless for more than 15 years after they registered with the Registrar of Joint Stock Companies and Firms (RJSC), official data showed.According to the state-run entity, a company or firm, after its formation, must submit...
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