DOULOT AKTER MALA | 2020-07-19 00:00:00
Transshipment of goods between India and Bangladesh through Chattogram port is set to begin on Tuesday, customs officials said.As per an agreement inked between the two countries, the first Indian ship is set to arrive at the Chittagong port, carrying...
Mohammad Rashedul Alam | 2020-07-19 00:00:00
The economy of Bangladesh is growing rapidly and is booming due to the strong growth of its manufacturing, exports and foreign remittances. The country is also a major beneficiary of globalisation. But due to the current pandemic situation, the entire...
SYFUL ISLAM | 2020-07-18 00:00:00
Japan is set to relax conditions for its two-step loan programme aiming to extend credit facility for industrial units hit by Covid-19, officials have said.Usually, Bangladeshi companies that export to Japan and the joint venture between Bangladesh and Japanese companies...
REZAUL KARIM | 2020-07-18 00:00:00
Bangladesh Bank (BB) has suggested the government adopt time-bound action plan for four state-owned commercial banks (SoCBs) to meet their existing capital shortfalls and make them operationally sound, officials said. It has also recommended considering to set a specific target...
Babul Barman | 2020-07-18 00:00:00
Net foreign investment in the Dhaka bourse has been on a downward trend for the last 14 straight months as the overseas investors continued to pull out their fund amid prolonged bearish market trend.The foreign investors withdrew a total of...
MUNIMA SULTANA | 2020-07-18 00:00:00
With the road network expanding, lower budgetary allocation for road development and maintenance work in this fiscal year is likely to put the authorities concerned in a fix. Although budgetary allocation for this sector sees an increase every fiscal year,...
SIDDIQUE ISLAM | 2020-07-17 00:00:00
The central bank has predicted domestic economic activities are likely to lose momentum in near future as side-effects of the shutdowns and slower growth in foreign trade."The ordered implementation of stimulus packages combined with monetary and fiscal policies may mitigate...
Shamsul Huq Zahid | 2020-07-17 00:00:00
Silent migration from Dhaka to other parts of the country is on in a complete reversal of the trend witnessed for decades. The minute microorganism called the novel coronavirus has made it possible.Policymakers have been worried over the unending inflow...
Nilratan Halder | 2020-07-17 00:00:00
Living with coronavirus seems to have been the new normal. Those who can afford 'stay home' and maintain other hygienic protocols are fortunate enough, but the majority have either willingly or on compulsion left safety of life to chances if...
Asjadul Kibria | 2020-07-17 00:00:00
Capital flight is a reality in most of the developing countries including Bangladesh. There is, however, a misperception that capital flight is always harmful and illegal. That's why the term 'capital flight' is sometimes used by many to mean 'illicit...
Alvi Rahmaan Atoshie | 2020-07-16 00:00:00
The Diana Award is one of the most distinguished honours presented to the youth as a recognition for their social or humanitarian work. The award was established in the memory of Princess Diana and holds the same credence over youth...
Khaled Mahmud | 2020-07-16 00:00:00
East West University Business Club has successfully organised BriefCase 2.0. The world could be crumbling down yet they are always living up to their reputation. To get BriefCase 2.0 running, the official registration began on June 18, 2020. More than...
Helal Uddin Ahmed | 2020-07-16 00:00:00
Despite claims of progress in revenue generation, the tax-GDP ratio in Bangladesh is inexplicably the lowest in South Asia, and one of the lowest in the whole world. As against an 8.5 per cent tax-GDP ratio in Bangladesh during 2019,...
NAZIMUDDIN SHYAMOL | 2020-07-15 00:00:00
CHATTOGRAM, July 14: The coronavirus pandemic has weighed heavily on the readymade garment (RMG) sector in the port city, as orders worth about Tk 100 billion from global apparel brands have already been cancelled.As a result, at least 30 RMG...
MUNIMA SULTANA | 2020-07-15 00:00:00
Bangladesh Railway (BR) will undertake another project to upgrade Dhaka-Sylhet corridor for no progress in a similar costly ongoing project, sources said.The Tk 161.04-billion Akhaura-Sylhet project to convert the single-line metre-gauge track into a single-line dual-gauge one was taken in...
MOHAMMAD MUFAZZAL | 2020-07-15 00:00:00
The premier bourse has asked some 15 brokerage firms to fulfill the deficiency of investors' funds, found in their consolidated customers' accounts, by tomorrow (Thursday).After fulfilling the deficiency, the brokerage firms will have to attend the Dhaka Stock Exchange (DSE)...
Òscar Jordà, Sanjay R Singh and Alan M Taylor | 2020-07-15 00:00:00
The Covid-19 pandemic's toll on economic activity in recent months is only the beginning of the story. While the rapid and unprecedented collapse of production, trade, and employment may be reversed as the pandemic eases, historical data suggest that long-term...
Jobaida Behtarin, Syed Basher and Salim Rashid | 2020-07-15 00:00:00
When flying into Dubai at night, Bangladeshi workers visiting the Middle East for the first time are astonished by the abundance of glittering lights on Dubai's buildings and structures, highways, and streets. Before setting foot on the ground, they know...
Doulot Akter Mala | 2020-07-14 00:00:00
The National Board of Revenue (NBR) is going to introduce e-payment system for the VAT-payers on July 16 (Thursday) to facilitate VAT payment from anywhere.Initially, people having accounts in three banks can make the e-payment. However, the facility will be...
SYFUL ISLAM | 2020-07-14 00:00:00
The government is working on securing about $2.0 billion budgetary support from bilateral and multilateral development partners in the current fiscal year (FY), finance ministry officials said.In the just-concluded fiscal year, Bangladesh got $1.0 billion as budgetary support to help...
REZAUL KARIM | 2020-07-14 00:00:00
China has imposed a ban on import of live mud crab and eel fish from Bangladesh as health hazardous bacteria were found in some consignments along with forged salubrity certificates recently, officials said.The government has asked the law enforcement agency...
Mohammad Mufazzal | 2020-07-14 00:00:00
Dhaka Stock Exchange (DSE) has moved to review the performances of its staffs from top to bottom in the context of their respective salaries and benefits to ensure an efficient management reducing operating costs.A team headed by independent director Salma...
Syed Mortuza Asif Ehsan and Salamat Ali | 2020-07-14 00:00:00
One of the major developments in the world economy over the past three decades or so has been the rapidly growing share of the developing countries. Indeed, the rise of developing countries as significant drivers of global growth and trade...
Syed Badrul Ahsan | 2020-07-14 00:00:00
Social realities are taking newer, darker shades of meaning in the country. The coronavirus pandemic has been creating havoc in individual and family economies. Tens of thousands of people, mostly in the lower income category, have made their way out...
Syed Mortuza Asif Ehsan and Salamat Ali | 2020-07-13 12:00:00
World Gross Domestic Product (GDP) and trade suffered significantly as a result of the 2008 global financial crisis. There was some recovery during 2009-2012 but the world's export orientation has been declining gradually over the past few years. Several studies...
NAZIMUDDIN SHYAMOL | 2020-07-13 00:00:00
CHATTOGRAM, July 12: Chittagong port, the prime sea port of Bangladesh and Kolkata Port Trust (KPT) are being ready for transshipment between the two neighbouring countries. The trial transshipment will start from the current week. A ship named MV Senjuti...
MUNIMA SULTANA | 2020-07-13 00:00:00
Bangladesh and India launch today another rail cargo service to shift trade of more road-centred goods through this comparatively safer transport system during the coronavirus pandemic.Earlier, both the neighbourly nations successfully rolled out wagon service.The planned parcel van service, which...
Doulot Akter Mala | 2020-07-13 00:00:00
The commercial banks have frozen the accounts of few people who are allegedly involved in the Covid-19 test scandal.They froze the accounts of Regent Hospital chairman Md Shahed and director Ibrahim Khalil, JKG Healthcare chief executive officer (CEO) Ariful Chowdhury...
ISMAIL HOSSAIN | 2020-07-13 00:00:00
Top network operator Grameenphone has unleashed innovative solutions to fend off challenges posed by coronavirus pandemic, the company's top executive says. "This ongoing pandemic has created several challenges for all of us," said Yasir Azman, chief executive officer at Grameenphone."We've...
Neil Ray | 2020-07-13 00:00:00
The World Population Day has apparently lost much of its appeal and significance not only to countries like Bangladesh but also to the international bodies dealing with population issues. Why? The impression is that Malthusian population growth could be reined...
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