Shamsul Huq Zahid | 2019-09-06 00:00:00
The Executive Committee of the National Economic Council (ECNEC) in its regular weekly meeting on Tuesday approved a couple of Roads and Highways Department (RHD) projects that aims at prolonging the life of the country's major national highways. One project...
Nilratan Halder | 2019-09-06 00:00:00
On August 26 last, 109 women who went to Saudi Arabia as domestic help returned home. Actually they were compelled to return. In the past eight months about 800 such domestic workers have come back from Saudi Arabia alone. Last...
Roger E.A. Farmer in Los Angeles | 2019-09-06 00:00:00
Former US Secretary of the Treasury Lawrence H. Summers and Anna Stansbury recently cast doubt on the future of central banking, suggesting that the prevailing monetary-policy framework is in dire need of a rethink. I agree, and have been calling...
Nazimuddin Shyamol | 2019-09-05 00:00:00
CHATTOGRAM, Sept 04: Chittagong Port is the lifeline of the economy of Bangladesh, said State Minister for Shipping Khalid Mahmud Chowdhury. He said the government is further developing the country's prime sea port with the aim to make one of...
Siddique Islam | 2019-09-05 00:00:00
The International Monetary Fund (IMF) has emphasised strict enforcement of regulations to ensure stability of the financial sector in Bangladesh.It also recommended that the policymakers take effective measures to further improve the financial system if the country wants to reach...
Sheril Sarwar | 2019-09-05 00:00:00
The grand finale of Optimity 2019, an investment and portfolio management content, took place in North South University on August 29.Organised by North South University Finance Club, this month-long competition brought out impressive performances from undergraduate students countrywide-- helping them...
Stefaan G. Verhulst in New York | 2019-09-05 00:00:00
After Hurricane Katrina struck New Orleans in 2005, the direct-mail marketing company Valassis shared its database with emergency agencies and volunteers to help improve aid delivery. In Santiago, Chile, analysts from Universidad del Desarrollo, ISI Foundation, UNICEF, and the GovLab...
Helal Uddin Ahmed | 2019-09-05 00:00:00
The executive branch of the state is mainly run by a public administration apparatus comprising civil officers and employees, who implement the policies and programmes of the government. In effect, it plans, organises, directs, coordinates and controls administrative activities and...
Anis Chowdhury in Sydney and Jomo Kwame Sundaram in Kuala Lumpur | 2019-09-05 00:00:00
Large transnational corporations (TNCs) are widely believed to be paying little tax. The ease with which they avoid tax and the declining corporate tax rates over the decades have deprived developing countries of much needed revenues besides undermining public faith...
Rezaul Karim | 2019-09-04 00:00:00
A joint mission of the United Nations and the World Bank is set to arrive in Dhaka this month to discuss road safety issues with the stakeholders, officials said. The visit of the mission is going to take place against...
Mohammad Mufazzal | 2019-09-04 00:00:00
Most of the fund managers now prefer floatation of open-end mutual funds (MFs) to closed-end ones, as they consider options of the open-end ones more viable and investor-friendly than the latter ones.As a result, the number of open-end MFs has...
Doulot Akter Mala | 2019-09-04 00:00:00
Savers have resented the deduction of tax at higher rate on the yield of their government savings tools (Sanchayapatras) that had fallen due on or before June 30 last.Whims rather than reasons and rules are at play as far as...
Thalif Deen in UN Headquarters, New York | 2019-09-04 00:00:00
The world's high seas, which extend beyond 200 nautical miles, are deemed "international waters" to be shared globally- but they remain largely ungoverned."It's a jungle out there", remarks one diplomat, describing a virtually lawless wide-open ocean which has steadily undergone...
Muhammad Quamrul Islam | 2019-09-04 00:00:00
In an overpopulous country like ours, many of the physicians try to deliver the best services possible despite their limitations. True, there are instances of wrong treatment.Acknowledging human errors let it be emphasised that efforts and sincerity of physicians in...
Hasnat Abdul Hye | 2019-09-04 00:00:00
The prelude to the G-7 summit this year was full of dark forebodings, not the least from inside the alliance in Europe. It was apprehended that given the boorish and disdainful attitude of President Trump to all western alliances of...
Siddique Islam | 2019-09-03 00:00:00
Shimanto Bank Limited has planned to develop a new rural banking model aiming to bring unbanked people particularly from rural areas of Bangladesh into the banking network, the bank's top executive has said."We're now working to introduce a farmers-friendly rural...
Nazimuddin Shyamol | 2019-09-03 00:00:00
CHATTOGRAM Sep 02: The construction work on two new container terminals for the Chittagong port, the prime seaport of the country, has been progressing in full swing. The terminal projects taken up by the Chittagong Port Authority (CPA) are scheduled...
Syful Islam | 2019-09-03 00:00:00
The Asian Development Bank (ADB) has come up with risk guarantee assistance for issuance of green bond in Bangladesh to help mobilise funds from abroad, officials have said.Before that the government has decided to carry out a feasibility study to...
Jan Lundius in Stockholm/Rome | 2019-09-03 00:00:00
The last frontier for utilising and maybe even exhausting Earth´s natural resources is opening up in the Arctic and some of the world´s wealthiest nations are trying to secure their piece of the cake. Some act openly, others are more...
Munima Sultana | 2019-09-02 00:00:00
DP World, the Dubai-based port operator-cum-global trade enabler, is interested in investing infrastructure development holistically to turn Bangladesh into a regional logistic hub.It is initially contemplating investment in rail, road and air infrastructure along with digitisation and skill manpower development.The...
Talha Bin Habib | 2019-09-02 00:00:00
A Saudi company, Saudi Engineering Dimensions, will invest US$ 35 million in the country for producing transformers and other electrical products, considering the market potential here, officials said.The investment will take place under a recent agreement signed with Bangladesh Steel...
Babul Barman | 2019-09-02 00:00:00
Net foreign investment in Dhaka Stock Exchange (DSE) remained negative for the sixth straight month in August as the overseas investors continued to pull out their fund amid lack of confidence.Market analysts said the foreign investors are selling off their...
Manpreet Gill | 2019-09-02 00:00:00
About US$ 13 trillion worth of bonds in the global marketplace now offer a negative yield. Perhaps most starkly, a rising number of riskier, so-called 'high yield' (or 'junk') bonds in Europe are offering a negative yield. Understandably, many investors...
Neil Ray | 2019-09-02 00:00:00
The rape of a university girl in an office-cum-residence at Shyamoli in the capital has once again brought to the fore the psychic disorder society is suffering from. More and more people seem to be driven by an extra bit...
Shamsul Huq Zahid | 2019-09-02 00:00:00
Indian Finance Minister Nirmala Sitharaman on Friday announced her government's plan to merge 10 state banks into four entities. The move came as India's public sector banks are hamstrung by bad loans, poor governance and a few loan scams. The...
Anatole Kaletsky in London | 2019-09-02 00:00:00
The long-running tragicomedy of the United Kingdom's relationship with the European Union is, at long last, approaching its climax. Prime Minister Boris Johnson's manoeuvre to suspend the UK Parliament for almost the entire period leading up to the Brexit deadline...
Doulot Akter Mala | 2019-09-01 00:00:00
The National Board of Revenue (NBR) has taken a move to bring prosecution against some taxpayers on case-to-case basis for their failure to submit tax returns despite having taxable incomes.The move came after the taxmen have found that 50 per...
Rezaul Karim | 2019-09-01 00:00:00
A move is well under way to slash existing service charges imposed by micro-finance institutions (MFIs) with intent to give poor borrowers some relief.To this end, financial institutions division (FID) has recently sent a proposal to finance division.It was made...
Imrul Ehsan | 2019-09-01 00:00:00
The new Value Added Tax (VAT) law is a much talked about issue in Bangladesh business community. One of the key points of discussion (also debate) has been the withholding VAT or VAT deduction at source or VDS. The National...
Katharina Hofmann De Moura in Sao Paulo, Brazil | 2019-09-01 00:00:00
The crisis of regional and multilateral institutions goes hand in hand with the international rise of right-wing populism. In the US, the UK, Russia, Italy, Poland, Hungary, Turkey, the Philippines and Brazil, we are experiencing the rise of right-wing populist...
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