Md Mazadul Hoque | 2020-07-25 00:00:00
In the wake of novel coronavirus, Bangladesh's economy may land in a dire situation in coming days. Economic activity is not being noticed to take place to a great extent. The Covid-19-affected economies in the world have been struggling to...
Armida Salsiah Alisjahbana | 2020-07-25 00:00:00
Developing countries of Asia and the Pacific are experiencing unbalanced tolls of the Covid-19 pandemic. Grim milestones in infections and deaths have left countless devastated. Yet, we must look at the economic and social impacts in Small Island Developing States...
Kazi Iqbal, Md. Nahid Ferdous Pabon, Tanveer Mahmood and Mohammad Rezoanul Hoque | 2020-07-25 00:00:00
There are about 10 million micro, small and medium sized enterprises in Bangladesh, accounting for about one-fourth of the total output of the economy. In rural areas, the small businesses have been playing an instrumental role in transforming rural economy;...
DOULOT AKTER MALA | 2020-07-24 00:00:00
The revenue board has instructed taxmen to detect the companies, which evade VAT by declaring the supply of goods to local projects to be exports. A number of big companies are taking this undue VAT rebate facility bypassing the existing...
SIDDIQUE ISLAM | 2020-07-24 00:00:00
The central bank has approved a policy on Credit Guarantee Scheme (CGS) for the first time aiming to expedite financing in the country's cottage, micro and small (CMS) enterprises, officials said.The approval was given at a meeting of the Bangladesh...
Shamsul Huq Zahid | 2020-07-24 00:00:00
Gross irregularities in the health sector and public procurement that have surfaced lately must have pained many. Initial shock over, most people, however, tend to accept those as normal happenings under the prevailing circumstances. Some others, however, being a bit...
Nilratan Halder | 2020-07-24 00:00:00
The Directorate General of Health Services (DGHS) has had the ironic misfortune of suffering from ill health. Its illness has only been in sharp contrast to the robust financial benefits - earned or unearned - derived by the majority of...
MOHAMMAD MUFAZZAL | 2020-07-23 00:00:00
A total of 25 banks have secured their boards' approval for investing Tk 2.0 billion each in the capital market. The banks have submitted their information about the formation of a special fund to the Bangladesh Securities and Exchange Commission...
Siddique Islam | 2020-07-23 00:00:00
The central bank on Wednesday set a target of disbursing agriculture credit of Tk 262.92 billion for the banks in the current fiscal year (FY), 2020-21.The loan amount is 8.99 per cent higher than the target of last FY, according...
NAZIMUDDIN SHYAMOL | 2020-07-23 00:00:00
CHATTOGRAM, July 22: Cargo transshipment between Bangladesh and India will help boost the economies of both the countries, said the leaders of trade and business community in the port city on Wednesday.The transshipment of Indian goods through the Chittagong port,...
TALHA BIN HABIB | 2020-07-23 00:00:00
The government has taken an initiative to introduce a state-of-the-art monitoring system soon to ensure transparency in the dredging work.Under the move, Bangladesh Inland Water Transport Authority (BIWTA) which is under the ministry of shipping (MoS) will set up "real...
IQBAL SIDDIQUEE | 2020-07-23 00:00:00
SYLHET, JULY 22: Staff members and officials of the Sylhet Gas Fields Limited (SGFL) have sought return of the Tengratila gas field in Sunamganj to them, the state-run company under Petrobangla. They have raised the demand after an international court...
Klaus Schwab and Thierry Malleret | 2020-07-23 00:00:00
The worst of the pandemic is yet to come. To date, only a few countries are effectively containing the virus, while in a majority of nations, Covid-19 is either raging or resurfacing with local outbreaks, limited or not so.Already, in...
Helal Uddin Ahmed | 2020-07-23 00:00:00
The Covid-19 pandemic has ushered in changes worldwide that were unimaginable even a few months back. It was unthinkable even in February this year that a majority of white collar workers in many countries would soon work from their homes,...
SYFUL ISLAM | 2020-07-22 00:00:00
The Port of Singapore Authority has started feasibility study of the Bay Terminal, which will be built inside the bay enhancing its capacity to handle large vessels, officials say.It has also appointed transaction advisory firm, legal firm, required consulting houses,...
NAZIMUDDIN SHYAMOL | 2020-07-22 00:00:00
CHATTOGRAM, July 21: The trial transshipment between neighbouring Bangladesh and India started on Tuesday with arrival of the first ship named MV Senjuti at the outer anchorage of Chittagong Port at around 9 am. MV Senjuti left Chittagong Port on...
DOULOT AKTER MALA | 2020-07-22 00:00:00
The revenue board has managed to collect Tk 30 billion more for the public exchequer in the last fiscal year, reducing the extent of shortfall it suffered due to the COVID-19 pandemic.The National Board of Revenue (NBR) has collected Tk...
Siddique Islam | 2020-07-22 00:00:00
Dhaka Bank Limited (DBL) has planned to introduce diversified financial technology (FinTech) based-services to ensure uninterrupted banking services for their customers, the bank's top executive has said."We're committed and focused on making our bases stronger in order to stave-off any...
Mohammad Mufazzal | 2020-07-22 00:00:00
The government has moved to bring the activities of the securities regulator and operations of the capital market under a single act to be enacted by the parliament on completion of relevant processes.As part of the move, the Financial Institutions...
Tanzirul Islam | 2020-07-22 00:00:00
Banks provide short and long term finances to various organs of the economy. Banks are also supposed to get back the money with interest as profit as per the repayment schedule. Due to many reasons, however, banks are unable to...
Nazimuddin Shyamol | 2020-07-21 00:00:00
CHATTOGRAM, July 20: Highway robbers have become active again on the Dhaka-Chattogram highway recently, leading to a rise in the incidents of looting of lorries and trucks carrying imported items and RMG products.Most robberies take place in Sitakunda and Mirerswarai...
Munima Sultana | 2020-07-21 00:00:00
Backlog in road maintenance budget of Roads and Highways Department (RHD) during the last five years has increased the agency's fund demand by nearly 1000 per cent this year to keep its countrywide road network fit.RHD's Highways Development and Management...
REZAUL KARIM | 2020-07-21 00:00:00
The state-owned Rupali Bank has taken a move to increase its authorised capital to Tk 25 billion aiming to make its capital base sound and strong, officials said.Besides, the bank also wants to raise its paid up capital through issuance...
DOULOT AKTER MALA | 2020-07-20 00:00:00
The National Board of Revenue (NBR) has revived its plan to identify barriers that constrain making the online income tax returns user-friendly.The income tax wing of the board has formed a high-powered committee to complete the BITAX system for the...
SIDDIQUE ISLAM | 2020-07-20 00:00:00
Interest rate spread in the country's banking system improved slightly in May as banks slashed interest rates on deposits more than on lending.The spread defined as the gap between lending and deposit rates rose to 2.94 per cent in May...
SYFUL ISLAM | 2020-07-20 00:00:00
The Asian Development Bank or ADB has reshuffled the current year's projects, pushed back a few and included some fresh programmes with the objective of offsetting the impact of the pandemic on life and livelihood in Bangladesh.The changes were made...
Mohammad Mufazzal | 2020-07-20 00:00:00
Benchmark indices of both the bourses witnessed moderate correction against the sharp losses observed by some of the indices of south Asian stock exchanges amid Covid-19 pandemic.The market insiders said the indices of the country's stock exchanges escaped large fall...
Selim Raihan | 2020-07-20 00:00:00
Employment generation has been a problem for the past decade. Employment elasticity of growth has been declining and remained low. If we look at the sectoral allocation of labour in the country, employment in agricultural declined but remained high. Manufacturing...
Neil Ray | 2020-07-20 00:00:00
Newspaper delivery in the morning has not been as punctual and regular as before ever since the corona virus made its appearance in the country on March 8 last. A drastic fall in the circulation of the printed version of...
Shamsul Huq Zahid | 2020-07-20 00:00:00
Life and livelihood are in deep trouble because of the COVID pandemic. All fronts of the economy, banking included, are hit hard. The banking sector, without any iota of doubt, is the prime mover of the economy. However, the health...
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