Nironjan Roy from Toronto, Canada, concluding a six-part series titled Managing and streamlining non-performing loans | 2016-11-03 00:00:00
The proposed bailout project to clean up accumulated non-performing loans (NPLs) is a very big and challenging one. However, bailout package, securitisation, involvement of Asset Management Companies (AMCs) and easing-up are very common practices in the developed world to help...
Mohammad Mufazzal | 2016-11-02 00:00:00
IPO proposals coming from 19 public limited companies (PLCs) are now awaiting approval of the Bangladesh Securities and Exchange Commission (BSEC). The PLCs seek to raise an aggregate amount of Tk 10.34 billion under both the book building and fixed...
Shamsul Huq Zahid | 2016-11-02 00:00:00
The observation that the current standard of medical education and health services is at its worst in the history of Bangladesh is likely to draw strong protests from most health sector administrators and physicians. But what if such an observation...
Munima Sultana | 2016-11-02 00:00:00
Bangladesh is likely to raise the issue of anti-dumping investigation India has launched on jute goods from Bangladesh at the upcoming commerce secretary level meeting, official sources said. India would request Bangladesh to reduce the tariff structure for steel billets,...
Ismail Hossain | 2016-11-02 00:00:00
The ministry of finance has turned down a proposal to impose a 0.15 per cent service charge on the interest income of microfinance institutions (MFIs). The microcredit regulator sent the proposal in January, saying the service charge will be used...
Nironjan Roy from Toronto, Canada in the fifth of a six-part series titled Managing and streamlining non-performing loans | 2016-11-02 00:00:00
Bailout package is very common with the government or regulatory authorities all over the world. It is undertaken particularly when banks or financial institutions are in trouble with their liquidity shortage resulting from debt problem. The longstanding problem of non-performing...
Polin Kumar Saha | 2016-11-02 00:00:00
As a signatory to SDGs (Sustainable Development Goals) framed by the United Nations, Bangladesh is required see that its development policies are SDG compliant. The SDGs have 17 major goals covering a total of 169 targets that include a broad...
Sarwar Md. Saifullah Khaled | 2016-11-02 00:00:00
The initiative, proposed by Chinese President Xi Jinping in 2013, comprising the Silk Road Economic Belt and the 21st Century Maritime Silk Road has brought together over 100 countries, including Bangladesh, in Asia, Europe and Africa, via land and maritime...
Siddique Islam | 2016-11-01 00:00:00
The local currency has depreciated slightly against the US dollar after maintaining stability for more than seven months in the inter-bank foreign exchange (forex) market, treasury officials said. The US dollar was quoted at Tk 78.41-Tk 78.44 in the forex...
Talha Bin Habib | 2016-11-01 00:00:00
The government has launched services to provide information about the diseases of livestock and poultry birds to the farmers, considering the contribution of the sector, officials said. As part of the initiative, the department of livestock services (DLS) has already...
Rezaul Karim | 2016-11-01 00:00:00
The Ministry of Finance (MoF) has formed a high-powered committee to review a proposal to include readymade garment (RMG) workers in the 'micro-savings programme' now being operated for the members of 'One Home, One Farm' project. Officials said Palli Sanchay...
Nironjan Roy in the fourth of a six-part series titled Managing and streamlining non-performing loans from Toronto, Canada | 2016-11-01 00:00:00
Some loans turned non-performing in the 80s and 90s of the last century or even prior to that and are being carried over in the bank's books. There is no justification of carrying over these bad loans for decades together....
Abdul Bayes | 2016-11-01 00:00:00
At some stages of our economy, we thought, we had become self-sufficient in agriculture, especially in rice, and lived in a world of complacency - and removed major, if not all, subsidies and supports to agriculture. Then came the worldwide...
Imtiaz A. Hussain in the first of a two-part article on the Ninth South Asia Economic Summit (SAES), held in Dhaka on October 15-16 | 2016-11-01 00:00:00
Central to Agenda 2030 in the U.N. Sustainable Development Goals (SDGs) crusade is the elimination of poverty, itself requiring sustainability of sorts across several frontiers, from such basics as food security, health, education, and gender-equality to such resources as water,...
Inga Kroener in London | 2016-11-01 00:00:00
With people living so much of their lives online nowadays, it is easier than ever for governments and companies to collect large amounts of personal information. Not surprisingly, data privacy is a hot topic. But there are plenty of people...
M. A. Taslim | 2016-10-31 00:00:00
The Chinese President Xi Jinping, who was in Dhaka on a state visit on October 14-15, gave Bangladesh a gift of a cornucopia of investment proposals amounting to US$24.5 billion. This offer could not have come at a more opportune...
Doulot Akter Mala | 2016-10-31 00:00:00
The National Board of Revenue (NBR) has recently turned down a plea from the Bangladesh Petroleum Corporation (BPC) on adjustment of arrear VAT against its refund claim. The BPC owes Tk 20.20 billion in arrear Value Added Tax (VAT) to...
Siddique Islam | 2016-10-31 00:00:00
Bangladesh Bank (BB) Sunday asked the commercial banks to provide farmers with adequate credit support to boost agriculture production in the country. The credit should be disbursed without any harassment and in time so that the target is achieved by...
Nironjan Roy in the third of a six-part series titled Managing and streamlining non-performing loans from Toronto, Canada | 2016-10-31 00:00:00
Loan syndication is quite popular in our country but this has to be done in a standard form that requires a separate web-based market where all lenders, i.e., banks or financial institutions will be registered on lenders' side and the...
Neil Ray | 2016-10-31 00:00:00
Society is yet to recognise transgender people as its members in equal terms with others. This particular type along with intersex is highly misunderstood -more than the lesbian, gay and bisexual. Society has a long way to go before the...
Shamsul Huq Zahid | 2016-10-31 00:00:00
Two high officials of the Power Division, allegedly, received a staggering amount, $80 million (nearlyTk 64crore) to be exact, as bribe from a Spanish company for helping the latter in securing the contract for setting up a 450 megawatt power...
Doulot Akter Mala | 2016-10-30 00:00:00
The government has initiated a move to update the relevant rules to allow investment of gratuity funds in national savings certificates (NSCs). Internal Resources Division (IRD) of the Ministry of Finance recently formed a body and asked it to submit...
Anatole Kaletsky in New York | 2016-10-30 00:00:00
If Donald Trump loses the US election, will the tide of populism that threatened to overwhelm the world after the Brexit vote in June begin to wane? Or will the revolt against globalisation and immigration simply take another form? The...
Asjadul Kibria | 2016-10-30 00:00:00
The business community has expressed concern over India's move to impose anti-dumping duty on jute and jute goods exported from Bangladesh. These items now enjoy duty-free access to India under the South Asia Free Trade Area (SAFTA) agreement. Jute goods...
Syful Islam | 2016-10-29 00:00:00
Dhaka has assured Washington of fair competition in bidding process in the future for collecting dredgers and welcomed US companies to compete for deals, officials said. The assurance came as the US embassy in Dhaka in a recent letter to...
Rakibul Hasan | 2016-10-29 00:00:00
On October 01 last Peacempire successfully launched its social action project in the largest school of Narayanganj, namely Murapara Model Pilot High School, bringing together nearly 1,375 students at a road show, just after collecting petition signatures of 603 people...
Pamelia Khaled | 2016-10-29 00:00:00
Literacy is a practice shaped up by social factors such as culture, gender, politics and economics. In turn, it also shapes up all those factors. Achieving literacy is every nation's aim and this vision is part of the United Nations...
Nilratan Halder | 2016-10-29 00:00:00
It is a most amazing picture --enough to change commonly held human notions about other species' capacity to feel empathy. Bending its two front legs, a young cow strives to have a better look of a toddler in a squatting...
Nironjan Roy in the first of a six-part series on Managing and streamlining non-performing loans from Toronto, Canada | 2016-10-29 00:00:00
Banking sector in Bangladesh has rapidly developed during the last four decades. In fact, a revolutionary change has taken place in the country's banking arena. Product diversification, automation, online banking, mobile banking, reaching banking services to the doorstep of the...
Philip Martin | 2016-10-29 00:00:00
Merchants of labour, the recruiters between workers seeking jobs and employers seeking workers, have a long and chequered history. They are often associated with trickery or coercion to fill undesirable jobs, from finding soldiers in ancient Rome and sailors in...
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