Rezaul Karim | 2018-09-05 00:00:00
The Bangladesh Bank (BB) has turned down a plea of Janata Bank, seeking Tk 110.49 million for its Janata Exchange Company (JEC), Italy to recoup the loss incurred in last three years, officials said.The central bank wrote that 'there was...
Rezaul Karim | 2018-09-05 00:00:00
Private-sector traders are persuading the government to allow them to import salt as the country has a huge deficit of such a key essential item, industry insiders said.A number of applications have been submitted to the commerce ministry, seeking permission...
Emdadul Haque | 2018-09-05 00:00:00
BOGURA, Sept 04: Parija and Jirashail growers of Sherpur upazila in the district are dishearten due to low market price of the paddy varieties.Sources said cultivators are getting Tk 3,000 to Tk 3,500 from the production of a bigha of...
Syed Jamaluddin | 2018-09-05 00:00:00
Although the prices of commodities in general show an upward trend, the price of rawhide marks decline almost every year. The tannery owners are buying hides at a lower price on the ground that there is dearth of foreign buyers....
Syful Islam | 2018-09-04 00:00:00
The ministry of shipping (MoS) has again laid emphasis on transportation of containers to and from seaports using inland waterways to avoid congestion on highways, officials said.Adequate infrastructure is being developed to ease transportation of goods through river routes, a...
Babul Barman | 2018-09-04 00:00:00
The net foreign fund in the Dhaka Stock Exchange (DSE) continued to remain negative for five consecutive months till August as the foreign investors were reluctant to put fresh stakes.Market insiders said that fears over political uncertainty ahead of national...
Asjadul Kibria | 2018-09-04 00:00:00
The usefulness of double-decker buses in the fleet of the state-run Bangladesh Road Transport Corporation (BRTC) in public transport in Dhaka city is recognised by all. The service is popular among the commuters. The capacity of a double-decker bus to...
Abdul Bayes | 2018-09-04 00:00:00
Until recently, the lack of the availability of food was taken as an important indicator of famine that unleashes a reign of deprivations of not only food but also other essentials. Historically, the face of famine was analysed from the...
Siddique Islam | 2018-09-03 00:00:00
The central bank of Bangladesh has taken initiatives to expedite the flow of inward remittances from Japan and South Korea, officials said.Under the latest moves, the Bangladesh Bank (BB) is giving approval to the interested commercial banks for setting up...
Doulot Akter Mala | 2018-09-03 00:00:00
The government has decided to review the existing import duties on raw and refined sugar following a decline in the prices of the item in the international market.The government high-ups will sit Thursday in the National Board of Revenue (NBR)...
Munima Sultana | 2018-09-03 00:00:00
Nine years have elapsed, but the Lebukhali Bridge is yet to take shape due to a faulty design and rising project cost.The project has made only 30 per cent progress as of August 2018 due to design-related complications, according to...
Babul Barman | 2018-09-03 00:00:00
The market capitalisation of Dhaka Stock Exchange (DSE) declined by about Tk 266 billion in last eight months as investors were on selling binge.The total market cap was Tk 4,228 billion on the opening day of the year, but gradually...
Mohammad Mufazzal | 2018-09-03 00:00:00
Only 11 companies got the regulatory consent to offload shares in the capital market under book-building method since the introduction of such a price discovery method in 2010.Some 80 companies, meanwhile, went public during the period under the fixed-price method.According...
Md Joynal Abdin | 2018-09-03 00:00:00
Indian subcontinent inherited the British legal system since the colonial days. As a result, Bangladesh had a very structured legal system since its inception. The country has about 45 Acts/Laws relevant to investment, business, trade and commerce in various sectors....
Neil Ray | 2018-09-03 00:00:00
Lat bhais on the Dhaka roads are not viceroys. But the Latin prefix vice meaning in place of and French word roy meaning king are integrally related to lat. The viceroys ruled India, then a colony of Britain on behalf...
Shamsul Huq Zahid | 2018-09-03 00:00:00
The country's power sector is witnessing a sort of mixed trend. Since the year 2010, its power generation capacity has gone up remarkably, leading to a notable reduction in load-shedding. But power tariff has been hiked almost threefold since then,...
Kamal Uddin Ahmed | 2018-09-02 00:00:00
Participated by the heads of states and governments and representatives of South Asia and Southeast Asia, the fourth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was held in Kathmandu on August 30-31. Repeatedly...
Siddique Islam | 2018-09-01 00:00:00
Interest rate spread in the country's banking sector decreased in July, as the commercial banks slashed their interest rates further on lending than deposit, officials said.The weighted average spread between lending and deposit rates offered by the banks came down...
Syful Islam | 2018-09-01 00:00:00
The Bangladesh Bank (BB) will file a case against the Rizal Commercial Banking Corporation (RCBC) of the Philippines in January next, unless the stolen reserve money is recovered normally.The central bank officials informed the BB audit committee of the decision...
Tadeusz Galeza and James Chan in Washington DC | 2018-09-01 00:00:00
From strings of shells in the Solomon Islands to large stone disks on the Micronesian isle of Yap or wheels of Parmigiano-Reggiano cheese in Italy, money has taken many forms throughout history.Today, banknotes are an artistic expression of national sovereignty,...
Taslim Ahammad | 2018-09-01 00:00:00
Many people experience stress in life, either from one-off projects in the short-term or through long-term stress from a high-pressure career. Moreover, multiple daily challenges, such as sitting in traffic, meeting deadlines and paying bills, can push a person beyond...
Abdur Rahman Chowdhury from Falls Church, Virginia, United States | 2018-09-01 00:00:00
Kofi Annan, former Secretary General of the United Nations (UN) passed away on August 18 in Bern, Switzerland after a brief illness.Kofi Annan was the seventh secretary general of the United Nations and happened to be the first black African...
Mohammad Rafiqul Islam | 2018-09-01 00:00:00
The concept of offshore banking in Bangladesh is not new and the same is becoming very popular among the practitioners and business people here due to its overwhelming capacity to help unlock international financial settlement.By its name and structure, such...
Abdul Bayes | 2018-09-01 00:00:00
Loanable funds for rural trades and businesses are in short supply. In contrast, the bank owners and businessmen in urban areas are accessing huge loans through collusions and subsequently defaulting on those. The whole credit market seems to be seized...
Helal Uddin Ahmed | 2018-09-01 00:00:00
Despite the proverbial neglect and indifference of their male counterparts, all-encompassing social taboos and family restrictions, as well as lack of patronisation by sports authorities, the sportswomen of Bangladesh have continued to bring laurels for the country in different disciplines....
Sarwar Md. Saifullah Khaled | 2018-09-01 00:00:00
Sufficient production and development of poultry farms have helped towards the increase in daily egg consumption by people across the country. Though egg prices have increased, entrepreneurs are yet to see any profit. As per nutrition experts, poultry eggs help...
Nilratan Halder | 2018-09-01 00:00:00
Do people in this busy megalopolis see the sky? In this concrete jungle with so much pollution, visibility encounters an obstruction for a number of reasons. Few people live in residential accommodations with a clear view of the sky. There...
Nilratan Halder | 2018-08-31 00:00:00
That the country's farm sector has added another feather to its cap by producing record amount of paddy is highly satisfying. It is more so because of the drop in yield for two consecutive years after then record yield in...
Doulot Akter Mala | 2018-08-30 00:00:00
The National Board of Revenue (NBR) launches three major customs automation tools in early next month to facilitate traders while checking irregularities.Customs wing of the board would launch e-auction for all customs houses across the country, start formal operation of...
Ranjit Devraj in New Delhi | 2018-08-30 00:00:00
At New Delhi's Savda Ghevra slum settlement, waterborne diseases have become less frequent thanks to solar-powered water ATMs that were installed here as a social enterprise venture three years ago."The water is cheap, reliable and fresh-tasting," Saeeda, a mother of...
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