M. A. Taslim | 2019-03-18 00:00:00
For the first two decades of its independence Bangladesh continued with the Pakistan period strategy of economic development. It was the dominant strategy of development of the developing world for the greater part of the last half of the twentieth...
Babul Barman | 2019-03-17 12:00:00
Olympic Industries, the country's largest biscuits manufacturer, has posted a 14.51 per cent growth in revenue year-on-year in Fiscal Year (FY) 2017-18 to Tk 12.93 billion.Amid growing demand for its products, the company enhanced its production capacity of cartoon, noodles...
Doulot Akter Mala | 2019-03-17 00:00:00
The total revenue collection from car imports fell by Tk 5.0 billion last fiscal year, though importation of luxury versions rose substantially.The import of luxury cars categorised as 4001 CC and above slab climbed by 855 per cent in fiscal...
Special Correspondent | 2019-03-17 00:00:00
CHATTOGRAM, Mar 16: A large number of visitors gathered at the housing fair of Real Estate and Housing Association of Bangladesh (REHAB) on Friday and Saturday, the two weekly holidays.The crowds flocked to Radison Blu hotel in the port city...
Talha Bin Habib | 2019-03-16 00:00:00
The country's export earnings from jute goods could be increased to around Tk 250 billion from existing Tk 80 billion annually subject to properly addressing the challenges being faced by the sector, according to sector insiders. Among the jute products,...
Babul Barman | 2019-03-16 00:00:00
Stocks witnessed yet another bearish week that ended on Thursday amid dull trading as investors continued their selling binge on sector specific shares.Market analysts said investors were mostly on selling binge on insurance and engineering sectors shares while some were...
Syful Islam | 2019-03-16 00:00:00
With China granting all Bangladeshi products duty-free and quota-free (DFQF) access shortly, freight carriers are all geared up to tap business, officials said.The shippers are readying themselves for more vessel deployments on the potential Chittagong-China route.Tobacco and maize aside, all...
Muhammad Abdul Mazid | 2019-03-16 00:00:00
The University of Dhaka was established in 1921 under the Dacca University Act 1920 of the Indian Legislative Council. It opened its doors to academic activities on 1 July 1921 with three faculties, 12 teaching departments, 60 teachers, 847 students...
Nilratan Halder | 2019-03-16 00:00:00
This past fortnight or so was full of pistol -- mind it was not revolver -- news. In a country where encounters between law enforcement agencies on the one side and anti-social elements and rapists or the likes on the...
Asjadul Kibria | 2019-03-16 00:00:00
The Bangladesh Road Transport Corporation (BRTC), a state-owned body to provide transport service to the people, has just added 1,100 new buses and trucks to its fleet. There are 600 Indian air-conditioned (AC), non-AC and double-decker buses and 500 trucks....
Abdul Bayes | 2019-03-16 00:00:00
Cropping pattern usually creates a choice set for farmers in the light of existing resource endowments. It is not only the size of the owned land but other important factors such as subsistence pressure, infrastructural facilities, information base and marketing...
Munima Sultana | 2019-03-15 00:00:00
The state-owned Bangladesh Railway (BR) is unable to spend 38 per cent of the funds allocated for nine donor-aided projects this fiscal year (FY) due to a poor pace of implementation.Sources said in the Revised Annual Development Programme (RADP), the...
S. M. Rayhanul Islam | 2019-03-15 00:00:00
Education is a crucial sector in any nation. Being a major investment in human capital development, it plays the critical role in long-term productivity and growth at both micro and macro levels. This explains why the state of education in...
Shamsul Huq Zahid | 2019-03-15 00:00:00
The proposal for an increase in gas tariff at varying rates for different consumers has generated sufficient resentment among consumers in general and businesses in particular. Even some limited street protests have already been organised and the alliance of left...
Nilratan Halder | 2019-03-15 00:00:00
When Finance Minister AHM Mustafa Kamal expresses his hope for creation of at least a job for each family, the majority of the people are not likely to take it seriously. In a country of no fewer than 160 million,...
Asjadul Kibria | 2019-03-15 00:00:00
The government has decided to rebase the country's Gross Domestic Product (GDP) by adopting new base year and also including new sectors. This will be the fourth round of rebasing the national account of the country since independence. Fiscal year...
Ibrahim Kamrul Shafin | 2019-03-14 00:00:00
Social media indeed is an excellent way for marketers to reach the target audience with accuracies that could only be imagined a decade before. Marketers all over the world are well aware of that, and they have already started putting...
Helal Uddin Ahmed | 2019-03-14 00:00:00
Spanning two democratically elected governments, Bangladesh was consistently ranked the most corrupt country in the world between 2001 and 2005 by the Berlin-based anti-corruption watchdog Transparency International. It is indeed ironic that successive democratic regimes since 1991 have failed to...
Hasnat Abdul Hye | 2019-03-14 00:00:00
It was a surreal experience and disconcerting to, the few months of work that I did as the managing director of a specialised bank in the public sector. Soon after joining I was visited by groups of employees, mostly clerks...
Munima Sultana | 2019-03-13 00:00:00
The rail authorities are contemplating double-decker commuter train service between short-distance towns, aiming to carry double the existing passengers.Under the move, the Bangladesh Railway (BR) will conduct a feasibility study on the proposed intercity trains to meet high demand for...
Doulot Akter Mala | 2019-03-13 00:00:00
Tax revenue collection shortfall became even bigger in January last and stood at around Tk 333.03 billion until January of the current fiscal year (FY), 2018-19. A notable gap in VAT and customs duty mobilisation is largely responsible for the...
Siddique Islam | 2019-03-13 00:00:00
Bangladesh has assigned a lawyer to look into all legal issues including a defamation suit filed by the Manila-based Rizal Commercial Banking Corporation (RCBC) recently against the country's central bank."We've been informed about the suit, but our lawyer will look...
Sarwar Md Saifullah Khaled | 2019-03-13 00:00:00
In the face of growing alarm of global climate change due to the burning of fossil fuels, the concept of renewable energy is gradually gaining importance across the world. The World Bank (WB) has approved US$ 185 million to help...
Syed Ashraf Ali | 2019-03-13 00:00:00
We cannot find a better set of words to describe the present state of Bangladesh economy than by borrowing, albeit with a slight variation, a line or two from Charles Dickens' classic, A Tale of Two Cities -- it is...
Munima Sultana | 2019-03-12 00:00:00
Bangladesh remains in the highest position in business expansion plans by Japanese companies in next one or two years, according to a survey.The country gets the top position among Asian and Oceania regions despite problems in quality control, deregulation and...
Siddique Islam | 2019-03-12 00:00:00
The central bank has finalised a guideline for appointing authorised gold dealers (AGDs), who will be eligible to import gold bars directly, officials said.Under the guideline, authorised dealer (AD) banks or individually-owned firms, or joint ventures or limited companies will...
Siddique Islam | 2019-03-11 00:00:00
The exchange rate of the Bangladesh Taka (BDT) depreciated further against the US dollar (US$) on Sunday, mainly due to higher demand for the greenback in the market for settling import bills.The local currency depreciated by five poisha in the...
Babul Barman | 2019-03-11 00:00:00
The government revenue earnings from the Dhaka Stock Exchange (DSE) dipped 29 per cent month-on-month in February in lockstep with falling turnover.The government collected revenue worth Tk 232 million in February which was Tk 326 million in January, 2019, according...
Farzana Misha and Munshi Sulaiman | 2019-03-11 00:00:00
Contribution of the $30-billion readymade garments (RMG) sector, employing nearly four million workers, mostly women, to Bangladesh economy is undeniable. The industry has been growing at an average rate of 17 per cent annually since 1980s. The issues of minimum...
Neil Ray | 2019-03-11 00:00:00
Of the 45 presidents the United States of America have got so far, George Washington and Abraham Lincoln have especial places in that country's history. The reasons are not far to seek -one led the country to independence and the...
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