Neil Ray | 2018-09-24 12:00:00
A rickshaw-puller draws to a halt at a road crossing. On the opposite side of the road a Dhaka University bus also stops right at that moment. A girl student alights from the bus and suddenly the puller's eyes light...
Shamsul Huq Zahid | 2018-09-24 12:00:00
There exists a mixed picture as far as sending of female workers to the Kingdom of Saudi Arabia is concerned. Both outflow and inflow of these workers have been going on for the past few months amidst growing concern over...
Syful Islam | 2018-09-24 00:00:00
APTA member states now plan to turn the trade pact into a comprehensive regional agreement covering trade in goods, services, investment and trade facilitation, officials said.The move is likely to be endorsed at a ministerial conference of APTA (Asia-Pacific Trade...
Doulot Akter Mala | 2018-09-24 00:00:00
The National Board of Revenue (NBR) will distribute 10,000 Electronic Fiscal Devices (EFD) among businesses free of cost to encourage its use.NBR VAT Online Project will invite tender next month (October) to procure Electronic Fiscal Device Management System (EFDMS), the...
Shamsul Alam | 2018-09-24 00:00:00
Bangladesh has become a frontrunner in implementing Sustainable Development Goals (SDGs) by setting an example of the best practice in mainstreaming global goals and targets into the national plan. It is an effective drive in SDGs implementation by involving all...
Doulot Akter Mala | 2018-09-23 00:00:00
Some 12 commercial banks paid 21.75 per cent of the total corporate tax collected by the Large Taxpayer Unit (LTU) belonging to the income tax wing of the National Board of Revenue (NBR) during the fiscal year (FY), 2017-18.Of the...
Mohammad Mufazzal | 2018-09-23 00:00:00
United Commercial Bank (UCB) has adopted special strategy to reduce its non-performing loans (NPLs), which was mainly responsible for comparatively poor net profits registered in the last couple of years than the trend of previous three years.The strategy is expected...
Doulot Akter Mala | 2018-09-23 00:00:00
Tobacco can be made less affordable, particularly to youth and the poor. by increasing tax to a minimum of 75 per cent of retail price on all tobacco products. According to The Tobacco Atlas, published by the American Cancer Society,...
Md Nayem Alimul Hyder | 2018-09-23 00:00:00
Social media can be defined as "forms of electronic communication through which people create online communities to share information, ideas, personal messages, etc." Social media technologies take many different forms including blogs, business networks, enterprise social networks, forums, micro blogs,...
Mariana Mazzucato in London | 2018-09-23 00:00:00
After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail out systemically important banks and stimulate economic growth. But that consensus proved short-lived, and soon the public sector's economic interventions...
Asjadul Kibria | 2018-09-23 00:00:00
The goal of the medium-term development plan is sustainable development with a higher economic growth. To achieve the goal, the Seventh Five-Year Plan (7FYP) has outlined a series of guidelines with projected outcomes. The projection of the balance of payments...
Syful Islam | 2018-09-21 00:00:00
India is pressing Bangladesh to sign a comprehensive economic partnership agreement (CEPA) covering various aspects of economic relations, officials said.The neighbouring economic giant first raised the issue early this year at the commerce-secretary level meeting and in July gave a...
Rezaul Karim | 2018-09-21 00:00:00
The state-owned Rajshahi Krishi Unnayan Bank (RAKUB) has sought government intervention to raise its authorised and paid-up capital in order to meet its capital shortfall, officials said.Managing Director of the bank Kazi Alamgir wrote to the finance ministry to take...
Shamsul Huq Zahid | 2018-09-21 00:00:00
Documentaries titled 'Cancer Train' back in 2015 brought to the fore a few harsh truths about the unbridled use of hazardous pesticides on crops. A number of leading international TV news channels ran the documentaries on the plight of peasants...
Nilratan Halder | 2018-09-21 00:00:00
It is quite distressing to know that Bangladesh is the least innovative country in Asia. The country finds itself at the bottom of the list of the South-east Asian countries in terms of innovation. That it is ranked the last...
M. Serajul Islam | 2018-09-21 00:00:00
Something totally unbelievable and illegal happened during the ongoing Asia Cup Cricket Tournament currently being played in the United Arab Emirates (UAE). According to the pre-set and pre-determined rules under which the Tournament is being held, the 6 teams in...
Siddique Islam | 2018-09-20 00:00:00
Inward remittance has already emerged one of the major sources of foreign exchange that helps Bangladesh keep its economic situation stable despite all odds. The inflow of remittance rebounded to a record level in the fiscal year (FY) 2017-18 after...
Asjadul Kibria | 2018-09-20 00:00:00
The economic relations between Bangladesh and the United States of America (USA) are largely trade-dependent. In fact, the US is the single largest export market for Bangladeshi products, Ready-Made Garment (RMG) to be more precise. The annual export to the...
Doulot Akter Mala | 2018-09-20 00:00:00
The National Board of Revenue (NBR) has reintroduced reduced tax benefit on import of flat-rolled products, used as industrial raw materials, in a bid to keep the manufacturing cost of its related products at low level.The Customs Wing of NBR...
Talha Bin Habib | 2018-09-20 00:00:00
A high-powered government delegation will visit Russia this month to discuss ways to establish direct banking channel between the two countries, officials said.The ministry of commerce (MoC) has been working out specific agenda to be discussed during meetings between the...
Mostafa Al Hossaini | 2018-09-20 00:00:00
In the developed countries, stock market plays the key role in resource mobilisation through financial intermediation, but in the developing countries where efficient form of stock market is yet to flourish, banking sector has been playing a substantial role in...
Muhammad Abdul Mazid | 2018-09-20 00:00:00
Globally more people are expected to join the middle class over the next two decades. This is good for individual prosperity but it will increase demand for the already constrained natural resources. If appropriate actions to change the consumption and...
Munima Sultana | 2018-09-19 00:00:00
A move has been taken to revise the city transport sector's plan for the second time.Sources said the Dhaka Transport Coordination Authority (DTCA) has already requested the Asian Development Bank (ADB) to carry out the revision of the strategic transport...
Syful Islam | 2018-09-19 00:00:00
Jeddah-based Islamic Development Bank (IsDB) has invited Bangladesh to subscribe to its second edition of Sukuk (Islamic bonds), officials said.The bond is scheduled to be floated this month. Under its US$ 25 billion medium-term note (MTN) programme, IsDB issues the...
Talha Bin Habib | 2018-09-19 00:00:00
The government has extended the tenure of an ongoing project until 2020 for capacity building to promote trade, officials said. The project titled 'Strengthening Institutional Capacity and Human Resource Development for Trade Promotion' was aimed at promoting the country's trade...
Abdullah Mohibuddin | 2018-09-19 00:00:00
To begin with a real-life air travel experience in Canada. I needed to go to Regina, the capital city of Saskatchewan Province. I bought the airline ticket through Air Canada's apps. One day prior to the departure, I was told...
David A. Andelman | 2018-09-19 00:00:00
After US markets closed on Monday, Trump announced he would impose a 10 per cent tariff on $200 billion worth of Chinese exports to the United States - half the level previously contemplated, but still designed to move Beijing toward...
Rezaul Karim | 2018-09-18 00:00:00
The finance ministry has advised the Bangladesh Petroleum Corporation (BPC) not to receive the proposed loan from ITFC at higher rate of interest.It also asked that the state-run company to bring down the interest rate through negotiations with the International...
Siddique Islam | 2018-09-18 00:00:00
A whopping 274 per cent rise in fuel oil import enhanced country's overall imports growth by nearly 16 per cent or US$ 640.40 million in July, officials said.The settlement of letters of credit (LCs), generally known as actual import, in...
Md. Hakim Ali | 2018-09-18 00:00:00
Islamic banking industry is a small portion of the entire conventional finance industry, which is currently growing exponentially at a rate of 15 per cent, according to Thomson Reuters Islamic Finance Database. In fact, Islamic banking is a model where...
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