Asjadul Kibria | 2018-05-12 00:00:00
The country's private sector, the ultimate driving force of the national economy, is yet to prioritise Non-Tariff Measures (NTMs) in its agenda of actions. Over the years, several steps have been taken to keep the NTMs high on the agenda....
Rezaul Karim | 2018-05-11 00:00:00
More than 400 money changers have got the axe from the central bank since 1997 for breaching the relevant rules and regulations.The Bangladesh Bank (BB) cancelled the operating licences of 402 money changers (MCs) so far, officials said.The BB had...
Doulot Akter Mala | 2018-05-11 00:00:00
The National Board of Revenue (NBR) has decided to fix the minimum customs value of products on the basis of their nature and quality instead of the existing 'country of origin', officials said.The board took the decision to make the...
Shamsul Huq Zahid | 2018-05-11 00:00:00
The government's car loan scheme for its officials holding the rank and status of deputy secretary and above has backfired. The objective behind starting the scheme was to cut the government's transportation cost and, at the same time, create an...
Nilratan Halder | 2018-05-11 00:00:00
The 2018 World Press Freedom Index prepared by the Reporters Without Borders and a Human Rights Watch report released marking the World Press Freedom Day are unanimous that hostility to media is on the rise the world over. Mediaphobia is...
Thalif Deen in Stockholm, Sweden | 2018-05-11 00:00:00
The underlying message at the fifth annual Stockholm Forum on Peace and Development was summed up in its telling title "The politics of peace."But the task ahead was overwhelmingly difficult: How do you advance peace and development against the backdrop...
Babul Barman | 2018-05-10 00:00:00
Singer Bangladesh Ltd hopes the demand of consumer durables will be accelerated in the coming days in the country as the government has taken a serious move to ensure access of electricity for all by 2021.Singer, country's largest home appliances...
Siddique Islam | 2018-05-10 00:00:00
Country's foreign exchange reserve (forex) fell below US$ 32 billion again on Wednesday, following a regular bi-monthly payment to Asian Clearing Union (ACU) and the central bank's direct selling of US dollar to the commercial banks.The forex reserve came down...
Noore Alam Siddiqui | 2018-05-10 00:00:00
Since the beginning of industrial revolution, consumerist attitude in human nature has continued to grow, reaching its peak in the 21st century. Multidimensional physical and sensual demand is growing with every passing day, alongside dissatisfaction. It is typical of human...
Mohammad Mufazzal | 2018-05-09 00:00:00
BRAC Bank displayed a steady growth in earnings and dividend payout in last five years riding mainly on managerial efficiency, the bank's top executive said, eyeing to make the company number one in the country's banking sector.The return on assets...
Munima Sultana | 2018-05-09 00:00:00
Roads and Highways Department (RHD) has revised the 3rd Karnaphuli bridge project, raising its cost by around 17 per cent though the construction work was completed eight years ago.The department proposed 16.9 per cent increase in the project cost from...
Talha Bin Habib | 2018-05-09 00:00:00
A move is underway to establish direct banking channel between Bangladesh and the Russian Federation, aiming to facilitate bilateral trade between the two countries, officials said. In the absence of a direct banking channel, Bangladeshi businesses have to use a...
Abdul Bayes | 2018-05-08 12:00:00
While Bangladesh has done remarkably well in terms of some socio-economic indicators, the country continues to grapple with rising gini ratio of income inequality. All our celebrations of success conceal the cruel reality that poverty-stricken Kuril slum lies in the...
Doulot Akter Mala | 2018-05-08 00:00:00
Two statutory regulatory orders (SROs) of the National Board of Revenue (NBR) regarding tax exemption have created confusion among the investors of the private plants in economic zones (EZs), officials said.Through one SRO, NBR offered 10 years' tax exemption at...
Siddique Islam | 2018-05-08 00:00:00
The central bank has asked the five state-owned commercial banks (SoCBs) to submit their action plans as early as possible to improve financial health through reducing the volume of classified loans. The instruction was given at a meeting held at...
Syful Islam | 2018-05-08 00:00:00
The World Bank (WB) is allegedly going 'very slow' in providing no objection certificate (NOC) in favour of environmentally critical projects which are to be financed from its own coffer, sources said.Seven such red-listed projects, to be financed under the...
Md Joynal Abedin | 2018-05-08 00:00:00
Bangladesh achieved the lower middle income country status in 2015, with the hope of graduating from the list of Least Developed Countries (LDC) by 2024. At the same time, we have a vision to become a developed nation by 2041....
Roland Kupers in Amsterdam | 2018-05-08 00:00:00
Everyone, it seems, is talking about inequality. Media outlets publish article after article on the topic. Politicians include it in their speeches and platforms. Yet, even though economists like Thomas Piketty and Joseph E. Stiglitz have proved, through meticulous research,...
Babul Barman | 2018-05-07 00:00:00
The government's revenue earnings from the Dhaka bourse marked a 112 per cent rise month-on-month in April, 2018 with the increased trade volume.Market operators said the government earnings from the Dhaka bourse rose substantially during the month compared to March...
Neil Ray | 2018-05-07 00:00:00
A signboard on the south-western side of the Jatyio Sangsad (JS) precinct reads like this: "Playground suitable only for the physically challenged children". To say this is anachronistic is more than an understatement. It could be the joke of the...
Shamsul Huq Zahid | 2018-05-07 00:00:00
The government has learnt the hard way. It has tried to promote small-scale entrepreneurship in agriculture and information and communication (ICT) technology sectors through equity financing. But it has burnt its fingers, for most part of the funds given to...
Md. Rizwanul Islam | 2018-05-07 00:00:00
Several print and electronic media reports imply that the Ministry of Education is mulling the idea of scrapping multiple choice question (MCQ) in Secondary School Certificate (SSC) and Higher Secondary Certificate (HSC) Examinations. Apparently, in the Primary School Certificate Examination,...
Doulot Akter Mala | 2018-05-06 12:00:00
The non-tax revenue dived even as the cumulative collection of domestic revenue grew 54.55 per cent to Tk 1.26 trillion in the 8 months to February, the ministry of finance said.Tax, non-tax and non-NBR revenue registered less than expected growth...
Special Correspondent From Manila, Philippines | 2018-05-06 00:00:00
The Asian Development Bank (ADB) will pursue a new 'Strategy 2030,' aiming to attain a resilient, inclusive, prosperous, and sustainable Asia and the Pacific.Tackling poverty and rising inequality, fostering regional cooperation and integration, mobilising private resources, promoting local government and...
S M Jahangir from Manila, Philippines | 2018-05-06 00:00:00
Bangladesh will seek waiver of the existing 'commitment charge' levied by the Asian Development Bank (ADB), and grant assistance from the lender to cope with the ongoing Rohingya crisis.Finance minister AMA Muhith, who is now in Manila to attend the...
Sarwar Md. Saifullah Khaled | 2018-05-06 00:00:00
It is essential that the country's banks and financial institutions take more interest in investments with green initiatives than others to save the environment. So it is heartening to see that a much needed green investment is gaining momentum in...
Shamsul Alam | 2018-05-06 00:00:00
Rising income inequality has been the subject of considerable debate in recent times. An Oxfam report presents that top 1 per cent of population possesses more wealth than the rest of the world. Research led by Thomas Piketty revealed that...
Harold James in Princeton | 2018-05-06 00:00:00
Since the establishment of the Federal Republic of Germany in 1949, Germans have looked back anxiously to the collapse of the Weimar Republic in the early 1930s and the rise of Nazism. But with many of the world's democracies under...
Asad Jamal in San Jose, California | 2018-05-05 12:00:00
US President Donald Trump has declared that America's $500 billion trade deficit with China means that the US is "down" $500 billion. Apparently, he thinks that trade surpluses and deficits amount to profit and loss statements for countries. He could...
Babul Barman | 2018-05-05 00:00:00
The benchmark index of the Dhaka bourse fell below 5,700-mark last week that ended Thursday as selling spree gripped the investors.Banking and telecom issues mostly faced the onslaught of selling pressure.Market operators said lower-than-expected quarterly earnings results, first ever no...
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