FE Today Logo

Search results for: l


NBR halts instant e-BIN issuing

Doulot Akter Mala | 2019-03-06 00:00:00

The National Board of Revenue (NBR) has suspended instant issuance of online BIN to businesses after it found piles of fake information in the existing e-BIN registration documents.From now on, the VAT officials will verify online application of the businesses...

Brexit: The price of arrogance

Harold James in Princeton, New Jersey, USA | 2019-03-06 00:00:00

European Council President Donald Tusk recently sparked controversy by saying there is a "special place in hell" for those who advocated Brexit "without a plan." To angry Brexiteers, the statement epitomises the unfeeling, moralistic attitude of the European Union (EU)...

BIWTA resumes eviction drive on river banks today

Talha Bin Habib | 2019-03-05 00:00:00

The Bangladesh Inland Water Transport Authority (BIWTA) will relaunch eviction drive on the bank of the River Buriganga and Turag today (Tuesday), an official said. "We will start eviction drives again from Tuesday (today) against illegal encroachment on the River...

Dhaka to seek DP World’s investments in ports

Syful Islam | 2019-03-05 00:00:00

Bangladesh will seek Dubai-based DP World's investments for Chittagong and Payra ports, officials say.A delegation of the DP World high-ups is scheduled to arrive in the city today (Tuesday) and shipping officials in Dhaka will seek investments.During Prime Minister Sheikh...

Foreign fund in stocks keep soaring on DSE

Babul Barman | 2019-03-05 00:00:00

Net foreign investments in Dhaka bourse soared more than 84 per cent month-on-month in February as overseas investors continued to put fresh funds after the national elections.Net foreign fund in stocks turned positive in January, 2019 after remaining negative in...

Financial development and real development: An overview

Rafiqul Islam | 2019-03-05 00:00:00

The last four decades have seen something of a financial revolution. Advances in computing & telecommunications, financial innovation and liberalisation of capital controls have combined to reduce the costs of financial transactions. There has been a corresponding explosion in the...

Vietnam and the dilemma of new wealth

Tran Le Thuy in Hanoi | 2019-03-05 00:00:00

Five days before US President Donald Trump and North Korean leader Kim Jong-un met in Hanoi for their second summit, two former Vietnamese ministers of communications were arrested and charged with "violations related to management and use of public capital."...

No smooth sailing yet as design hurdle remains

Munima Sultana | 2019-03-04 00:00:00

After overcoming the Padma main bridge imbroglio, it is still no smooth sailing for those doing the design of the rail links with the country's longest infrastructure over a river.At the very beginning of getting down to the work on...

Square Textiles posts 27pc revenue growth

Babul Barman | 2019-03-04 00:00:00

Square Textiles has posted a 27 per cent growth in revenue year-on-year in 2017-18 due to increase of production capacity.At standalone level, the company's revenue stood at Tk 6,367.12 million in the fiscal year 2017-18 compared with Tk 5,020.43 million...

Are Related Party Transactions beneficial for firms?

M Thenmozhi and Aghila Sasidharan | 2019-03-04 00:00:00

As a businessman and investor, you should know why firms are making transactions with related parties and how it impacts the performance of a firm.The probing of scandals like Enron, KMK and Mailyard provide evidence that in all three incidents,...

Trump, Kim fail to deliver the deal

Kamal Uddin Ahmed | 2019-03-04 00:00:00

American President Donald Trump attended a two-day summit with the North Korean leader Kim Jong Un on February 27 and 28 in Hanoi, Vietnam. Obviously, Trump's diplomacy focused on persuading Kim to eliminate nuclear weapons programme for building a lasting...

Why does campaign against yaba falter?

Neil Ray | 2019-03-04 00:00:00

Hardly a day passes without the news of death of drug peddlers -mostly yaba pushers -getting killed in shootouts with law enforcement agencies. The immediate impression is that a zero tolerance policy of the authorities has approved some legal transgression...

New DNCC mayor's missing priority

Shamsul Huq Zahid | 2019-03-04 00:00:00

The absence of the issue of waterlogging from his 'to-do' list unveiled by the newly elected mayor of Dhaka North City Corporation (DNCC) at a press conference in Dhaka on Saturday last appears rather strange. The mayor has divided his...

Poverty reduction rests on trade

Caroline Freund and Robert Koopman in Washington DC | 2019-03-04 00:00:00

Just when poverty-reduction efforts around the world were already slowing, recent forecasts indicate that the global economy is heading into a period of deepening uncertainty. That makes measures to boost growth and expand economic opportunity all the more urgent -...

Micro-credit: Financial literacy a must among borrowers

Sarwar Md Saifullah Khaled | 2019-03-03 00:00:00

The concept of microfinance as a successful poverty alleviation method gained popularity around 1904. More than 100 years later, it is now being used as an effective mechanism to cut poverty for marginalised people. Bangladesh has made commendable progress in...

JICA mulls new condition

Syful Islam | 2019-03-02 00:00:00

Japan is considering tagging a new condition to its signing of loan deals under ODA with Bangladesh because of poor utilisation of its assistance.The Japan International Cooperation Agency (JICA) is likely to tag the DPP/TPP approval of projects concerned prior...

20pc regulatory duty on onion import likely

Rezaul Karim | 2019-03-02 00:00:00

The government is considering imposing regulatory duty (RD) at the rate of 20 per cent to curb onion imports with an intent to support the local producers of the key kitchen item."We're thinking of imposing duty to raise import price...

Taka losing value despite foreign exchange injection

Siddique Islam | 2019-03-02 00:00:00

The central bank has injected US$1.66 billion so far this fiscal year into the market, but the local currency keeps losing its value against US dollar, officials say.As part of the step, the Bangladesh Bank (BB) is providing such foreign...

Stocks extend loss as bank issues slump on DSE

Babul Barman | 2019-03-02 00:00:00

Stocks witnessed yet another bearish week that ended on Wednesday, extending the losing streak for the fifth straight week as investors continued their selling binge.The week saw four trading days instead of five as the market remained closed on Thursday...

Too many brands of water but few are safe

Nilratan Halder | 2019-03-02 00:00:00

It is not long ago that the Dhakites realised the danger of drinking water supplied by the Water and Sewerage authority (WASA) directly. On realisation of this, the majority started boiling water before drinking. Others collected water from tube-wells for...

Honking: Impatience at its worst

Asjadul Kibria | 2019-03-02 00:00:00

If a foreigner is asked about his or her some unique takeaway from Bangladesh, it is not unlikely that the answer would include horns of transports in roads and streets. No matter who they are, all men and women at...

Fishery deserves greater attention

Abdul Bayes | 2019-03-02 00:00:00

The contribution of fishery to the nation's GDP is estimated to be about 4.0 per cent, and that to the agricultural GDP comes close to one-fourth. Agricultural exports are still struggling with a contribution of only 2.0 per cent or...

Revitalising global partnership for sustainable development

Muhammad Abdul Mazid | 2019-03-02 00:00:00

In September 2015, the UN General Assembly adopted the 2030 Agenda for Sustainable Development that includes 17 Sustainable Development Goals (SDGs). Building on the principle of "leaving no one behind", the Agenda emphasises a holistic approach to achieving sustainable development...

Real estate sector bounces back

Md. Abdul Kader | 2019-03-02 00:00:00

Bangladesh's socioeconomic condition has been very good since the beginning of this year. Due to this and a number of other factors, the real estate sector of the country seems to be turning around. Most of the companies in the...

Businesses not fully aware of many trade deals, benefits

Syful Islam | 2019-03-01 00:00:00

Bangladeshi business people could hardly make good use of various benefits they are entitled to enjoy under a number of bilateral and multilateral trade deals, officials say.Presently Bangladeshi goods enjoy duty-free market access to 38 countries. Besides, the country is...

The portrait of a female entrepreneurship facilitator

Helal Uddin Ahmed | 2019-03-01 00:00:00

While serving as a Research Officer at the population development and evaluation unit of the Planning Commission of Bangladesh Government, Ms. Dilara Kibria had switched gear in her career in 1981 and joined Bangladesh Small and Cottage Industries Corporation (BSCIC)...

Saving environment aimed at sustainable development

S. M. Rayhanul Islam | 2019-03-01 00:00:00

We now live in a modern, consumerist and largely urbanised world where environmental protection is a key concern related to the future of humanity. Economists, environmentalists, development professionals and academics are concerned about the problems that cropped up when taking...

Of NPL and political system

Shamsul Huq Zahid | 2019-03-01 00:00:00

Concern over rising volume of non-performing loans (NPLs) has intensified in recent days. Almost everybody is talking about the harmful effect of the large volume of banks' soured loans on economy, particularly on all-important private investment. But the rot which...

Are people destined to perish so tragically?

Nilratan Halder | 2019-03-01 00:00:00

"Dola is my world. Can the price be so low for a world?" This is how father of Rehnuma Tabassum Dola who along with her friend Fatema-Tuz-Johra Brishti has been missing since the night of devastation at Churihatta, Chawkbazar in...

Hate speech threatens our humanity

M. Nadarajah in Bhubaneswar, India and Jomo Kwame Sundaram in Kuala Lumpur, Malaysia | 2019-03-01 00:00:00

Do politicians' words matter? Since becoming US President, Donald J Trump has dismissed his opponents and others he does not like as evil, stupid or both. He has referred to undocumented immigrants as animals, and to poor countries as shitholes.FOSTERING...