FE Today Logo

Search results for: l


BB drafts law to check counterfeit currency

Doulot Akter Mala | 2019-09-22 00:00:00

The central bank has prepared the draft of a first-ever law designed to prevent production, supply and use of counterfeit currency. The draft proposes the maximum life-time imprisonment for the offences.The offences under the law will be 'cognizable, non-bailable and...

MoC seeks proposal for setting up rawhide cooling facilities

Rezaul Karim | 2019-09-22 00:00:00

The Ministry of Commerce has sought a comprehensive proposal from traders' groups for establishing cold storage facilities to help ensure the quality of rawhide and skins, officials said.To this end, they said, the ministry has advised them to submit their...

BD finalises list of 300 items for duty-free market access

Talha Bin Habib | 2019-09-22 00:00:00

The government of Bangladesh is set to send Indonesia a list of products next month for getting duty-free access under a proposed Preferential Trade Agreement (PTA), officials said.They said the ministry of commerce (MoC) has finalised the list of 300...

Benapole port revenue falls by Tk 6,000m

ZM Aminul Islam | 2019-09-22 00:00:00

JHENIDAH, Sept 21: Revenue generated by Benapole land port has fallen short by Tk 6,000 million in two and a half months as import of goods with high tariff rates through this port has decreased in recent days.Sources said, National...

Who lost Argentina, again?

Mohamed A. El-Erian in Cernobbio in Italy | 2019-09-21 12:00:00

Investors and economic observers have begun to ask the same question that I posed in an article published 18 years ago: "Who lost Argentina?" In late 2001, the country was in the grips of an intensifying blame game, and would...

Shipping corp to buy six more Chinese vessels

Talha Bin Habib | 2019-09-21 00:00:00

The government is set to buy six more ocean-going ships from China to expand the fleet of state-run Bangladesh Shipping Corporation, officials said.The purchase is intended to meet the growing demand for large vessels for the corporation. To expedite the...

Govt measures fail to shore up investor confidence

Babul Barman | 2019-09-21 00:00:00

Stocks continued to plummet in the outgoing week, extending the losing streak for the fourth consecutive week, as investor sentiment remained grim despite the government's move to prop up the market. This week also saw the prime index of the...

Teaching English language the wrong way

Md. Abu Abdullah | 2019-09-21 00:00:00

It was during the time of Lord William Bentinck as a governor general that English was first introduced in this sub-continent. The proposal had then met with strong opposition from many influential quarters; but thanks to Raja Ram Mohan Roy...

A long way to go before full manning

M. Zamiul Ahmed | 2019-09-21 00:00:00

The United Nations World Tourism Organization (UNWTO) decided in 1979 to establish the 27th September as World Tourism Day (WTD) and subsequently it started just in 1980. Since its beginning there has been a theme for each year decided by...

In love with enchanting Kerala

Nilratan Halder | 2019-09-21 00:00:00

The full-day package tour arranged by the Vivekananda Kendra could not be more cherishing. Although Kerala is our destination, we begin from a temple called Suchindram Thanumalayan. Like most temples, this one is also a magnificent artwork of Dravidian architecture....

Insensitivity at its worst

Asjadul Kibria | 2019-09-21 00:00:00

As a lot of development has already taken place in the country bringing many changes in society. Disappointingly quite a good number of the changes is negative. Growing insensitivity is one such thing. In this country, more and more people...

Urbanisation and food system

Abdul Bayes | 2019-09-21 00:00:00

Kerina Tull, of the University of Leeds Nuffield Centre for International Health and Development, deals with changing food system in a regime of rapid urbanization. It is a part of very recent research (2018) -- a series produced by a...

Asia's multilateral balancing act

Myong-Hyun Go, Shafqat Munir, and Ambika Vishwanath in Seoul, South Korea | 2019-09-21 00:00:00

After World War II, Asia emerged from years of conflict and centuries of colonialism. The United States quickly became the main guarantor of regional security, signing bilateral defense treaties and establishing preferential trade and investment relationships with its Asian allies...

Travel tax receipts skid

Doulot Akter Mala | 2019-09-20 00:00:00

Travel tax collection slipped by almost 8.0 per cent during the last fiscal year, despite a surge in the number of outbound passengers from the country.The National Board of Revenue (NBR) collected Tk 10.18 billion in travel taxes from outbound...

Casual approach to an unusual project triggers trouble

Munima Sultana | 2019-09-20 00:00:00

The beautification of both sides of the city's airport road has remained almost stalled for the past few months because of 'procedural complexities'.All the parties, both private and public, involved in the execution of the project have taken things very...

IMF’s panacea to retain trust in banking system

Siddique Islam | 2019-09-20 00:00:00

The International Monetary Fund (IMF) has suggested the regulatory authorities adopt a comprehensive timely action plan to help maintain confidence in the banking system.It has recommended that the Bangladesh Bank (BB) tighten grip on criteria for rescheduling or restructuring of...

BRTA to opt for joint venture firms

Munima Sultana | 2019-09-20 00:00:00

The Bangladesh Road Transport Authority (BRTA) is considering appointing international firms or joint ventures between local and foreign firms to conduct fitness tests of vehicles in the country, sources said. As part of the process of outsourcing the fitness inspection...

Rangpur Tajhat Palace-an epitome of historic magnificence

Sayed Mofidul Babu | 2019-09-20 00:00:00

RANGPUR, Sept 19: "A thing of beauty is a joy forever", a famous quote of English romantic poet John Keats, is pretty well pertinent to Tajhat Palace in Rangpur as the historic site still leaves the visitors breathless with its...

Techniques of teaching in the digital age

S. M. Rayhanul Islam | 2019-09-20 00:00:00

Around the world, digital technology is transforming the way young people live their lives, from the time they wake up till the time they go to bed. They are immersed in a world of social networking, texting, blogs, online games,...

IMF suggests empowerment of BB

Shamsul Huq Zahid | 2019-09-20 00:00:00

The Bangladesh Bank, reportedly, has declined an offer of technical assistance (TA) from the International Monetary Fund (IMF). The TA was intended to deal with a number of banking sector weaknesses including the problem of soaring non-performing loans (NPLs) in...

Why eviction drive fails

Nilratan Halder | 2019-09-20 00:00:00

The Bangladesh Railway (BR) has started an eviction drive against illegal occupiers of its land from Tuesday last. On the first day, the BR demolished 250 structures, including residential buildings, houses, shops etc.; at the Shajahanpur railway colony. Former railway...

UN appears off-track on development agenda

Thalif Deen in UN Headquarters, New York | 2019-09-20 00:00:00

The two key goals in the UN's development agenda are the eradication of extreme poverty and hunger by 2030.But most of the world's developing nations, currently fighting a losing battle against rising poverty and hunger -and suffering from the devastating...

VAT waiver sought for contractors, suppliers

Doulot Akter Mala | 2019-09-19 00:00:00

The Padma Rail Link project authority has sought exemption from Value Added Tax (VAT) for its contractors, subcontractors, suppliers and agents due to insufficient fund for payment of taxes, officials said.They said the Revised Development Project Proposal (RDPP) doesn't have...

Students brainstorm about initiatives for repatriation

Sadia Islam Promi | 2019-09-19 00:00:00

BUP International Model United Nations Conference (BUPIMUN) 2019, one of the most highlighted events of the year, organised by BUP Global Affairs Council (BUPGAC) took place from September 12 to 14, 2019. More than 400 participants from both home and...

Bringing Islamic banking under legal framework

Abu Zafore Md. Saleh | 2019-09-19 00:00:00

When Islamic banking is becoming the fastest growing banking system worldwide, Bangladesh has already been a role model for expansion of the system and its popularity. A system that reduces non-performing loans and promotes social welfare, the Islamic banking now...

Bridging the budget deficit

Helal Uddin Ahmed | 2019-09-19 00:00:00

In the backdrop of a week financial market, the government is now facing difficulty in mobilising sufficient resources for budgetary expenditures. The expenditures are rising but there are big shortfalls in revenue earning. Operating expenditure for running the statecraft has...

Subordinate financialisation in developing economies

Jomo Kwame Sundaram in Kuala Lumpur and Michael Lim Mah Hui in Penang | 2019-09-19 00:00:00

Rapid financial globalisation is due not only to financial innovations, but also to choices made by national policymakers, often with naïve expectations, trusting promoters' promises of steady net inflows of financial resources.Rapid financialisation has involved fund or asset investment managers...

BB retreats from move to cut banks’ ADR

Siddique Islam | 2019-09-18 00:00:00

The central bank has backtracked from its previous decision of slashing the banks' advance-deposit ratio (ADR) in order to help them invest more for achieving expected economic growth by the end of this fiscal year (FY), 2019-20.Under the revised decision,...

Tea production may hit 90m kg, highest yield this year likely

IQBAL SIDDIQUEE | 2019-09-18 00:00:00

SYLHET, Sept 17: The country's tea production this year would be higher than the last year's, officials said. Since the national production is already 30 per cent ahead till the middle of September than the corresponding period last year, the...

Credit flow to new SMEs dries up

Siddique Islam | 2019-09-17 00:00:00

Credit flowing to new small entrepreneurs fell significantly in the first-half of the year as risk-averse bankers were unwilling to offer such loans. The total lending to the fresh small and medium enterprises sector decreased by more than 15 per...