Sayed Kamaluddin | 2016-08-18 00:00:00
G-20 summit is scheduled to be held on September 04-05 in Hangzhou, the capital city of Zhejiang province in east China. China took over the G-20 presidency on December 01, 2015. Experts say the group is now busy envisioning a...
Anatole Kaletsky in London | 2016-08-18 00:00:00
The legend of King Canute describes how an early Anglo-Saxon King showed his subjects the limits of royal power. Canute set his throne by the sea and commanded the rising tide to turn back. When the sea rose as usual...
Shamsul Huq Zahid | 2016-08-17 00:00:00
Extravagance is an offence, if it is done at the cost of others. Insurers, both life and non-life, accused of committing the offence, are now having a tough time with the relevant regulator and the Anti-corruption Commission (ACC) grilling their...
Doulot Akter Mala | 2016-08-17 00:00:00
The revenue authority sticks to its decision to levy both VAT and income tax on banks' commission against sales of government savings tools despite the central bank's disagreement over such 'double taxation'. Officials said the Value Added Tax (VAT) wing...
Siddique Islam | 2016-08-17 00:00:00
Higher capital requirement to meet Basel-III obligation and the deadweight of classified loans have resulted in capital shortfall in eight banks and substantial erosion in the surplus capital of 48 others. The aggregate capital surplus of all banks came down...
Asjadul Kibria | 2016-08-17 00:00:00
Services sector in Bangladesh is growing day by day. Currently, half of the country's Gross Domestic Product (GDP) comes from the services sector. Economics literature categorises services sector as the third of the three parts of the economy. The primary...
Muhammad Abdul Mazid | 2016-08-17 00:00:00
The term 'self-reliance' was first coined by Ralph Waldo Emerson (1803-1882) in a similarly titled essay published in 1841. The essay stressed trust in one's present thoughts, skills, originality, beliefs in own capabilities and genius and living from within. A...
Asjadul Kibria | 2016-08-16 00:00:00
Dr K A S Murshid, Director General, Bangladesh Institute of Development Studies (BIDS), a public sector think-tank, has expressed his serious concern about the health of the country's financial sector. "I think we are playing with fire", Murshid said, referring...
Syful Islam | 2016-08-16 00:00:00
Bangladesh is unlikely to strike Free Trade Agreement (FTA) with any country until 2025 before losing the facilities it has been enjoying as a least developed country (LDC), a meeting decided on Sunday. "We are still studying the pros and...
Munima Sultana | 2016-08-16 00:00:00
The government is likely to seek Asian Infrastructure Investment Bank (AIIB) funds for six more projects in different sectors after having received US$ 165 million for bankrolling a power project. Officials said the Economic Relations Division had earlier selected seven...
Doulot Akter Mala | 2016-08-16 00:00:00
Government's revenue authority has amended the tax-card policy to widen the scope of honouring greater number of taxpayers as tax VIPs at national level. Officials said the National Board of Revenue (NBR) amended the policy in principle and it would...
Asjadul Kibria | 2016-08-16 00:00:00
Low inflation, declining lending rates at home, falling prices in industrial raw materials and capital goods in the international market do offer an excellent opportunity to invest more in Bangladesh. To tap the opportunity, the government, however, needs to work...
Zeenat Khan from Maryland, USA | 2016-08-16 00:00:00
As everyone around me this past weekend was talking about the African-American swimmer named Simone Manuel of Canada winning the gold medal at the Olympics, I was wondering what the suspended Brazilian President Dilma Rousseff is doing. Has she been...
Abdul Bayes | 2016-08-16 00:00:00
Microfinance has virtually swept over rural Bangladesh with the help of thousands of microfinance institutions (MFIs). Some of these institutions are very big and some are very small but together they account for about 60 per cent of total rural...
T I M Nurul Kabir concluding his four-part write-up on 'Financial Inclusion for Sustainable Development' | 2016-08-16 00:00:00
POLICY& REGULATORY AND COMPLIANCE OF MFS in Bangladesh Practices of MFS service providers : KYC and Customers confidence support, security Background: Bangladesh MFS market current situation Marketshare : Bangladesh MFS market is an absolute monopoly . According to Financial Inclusion...
Siddique Islam | 2016-08-15 00:00:00
A tripartite meeting among the Federal Reserve Bank of New York, Bangladesh Bank and SWIFT will be held in New York on August 16-17 to gear up efforts for recovering the US$81 million from the BB Fed account into the...
Rapid Action Battalion (Rab) members arrested a | 2016-08-15 00:00:00
suspected gunrunner along with firearms and ammunition from the city's Gulistan area on Sunday night, reports UNB. The arrestee was identified as Mohammad Rashid, 43, son of late Md Rafiqul Islam of 161/3 Siddique Bazar. Based on secret information, a...
Rezaul Karim | 2016-08-15 00:00:00
The apparel sector leaders have urged the government to stem the fraudulent activities of a section of local buying houses and agents appointed by foreign buyers, saying they tarnish the image of the industry. The Bangladesh Garment Manufacturers and Exporters...
Sajid Amit concluding a three-part write-up on the theme | 2016-08-15 00:00:00
Social enterprises as a sector or a system have received criticism, sometimes for their operational focus on making profits, and in other cases, for being ineffective in being able to deliver on their social potential. Yet globally, the movement for...
Muhammad Quamrul Islam | 2016-08-15 00:00:00
In 1975, we were about 34 years of age in respective professional positions after passing out of Dhaka University in 1961. The preceding years were a period of academic serenity, democratic pursuits and vibrant mother language movement of 1952 that...
Neil Ray | 2016-08-15 00:00:00
At a time when book reading is elbowed out of life of the young generation everywhere by television, computer and smart phones, the fast fading habit has received an unexpected compliment from health scientists. On analysis of data of 3,635...
Shamsul Huq Zahid | 2016-08-15 00:00:00
Most people, parents and guardians in particular, are literally dumbfounded by the education ministry's recent directive to educational institutions, under the Monthly Payment Order (MPO) or otherwise, not to hike tuition fees by more than 30 per cent. The directive...
T I M Nurul Kabir in the third of a four-part article on 'Financial Inclusion for Sustainable Development' | 2016-08-15 00:00:00
The concept of financial inclusion (FI) has gained increasing importance since the early 2000s when a direct correlation between financial inclusion and poverty reduction was uncovered. Access to a well-functioning financial system can economically and socially empower individuals, particularly the...
M. Serajul Islam | 2016-08-14 00:00:00
Donald Trump had tried to enthuse his supporters against Hillary Clinton, his rival, with the chant "lock her up" at the Republican Convention. The call has faded away. He may accuse Hillary Clinton of lapses and even call for legal...
TIM Nurul Kabir | 2016-08-14 00:00:00
Mobile Financial Service (MFS) is an umbrella term commonly used to describe any financial service that is provided using a mobile device. Sometimes mobile money is used as an alternative term. Bangladesh experienced a notable boom in the expansion of...
Syful Islam | 2016-08-13 00:00:00
India now has sought permission to carry liquefied petroleum gas (LPG) to its Tripura state through Bangladesh territory because of "extremely bad conditions" of the Assam-Tripura road, officials said. Delhi says there has been an acute shortage of LPG products...
Siddique Islam | 2016-08-13 00:00:00
The central bank is set to bar banks from giving guarantee for commercial papers (CPs) to avert possible risks involving such money-market hotcakes. Officials said the Bangladesh Bank (BB) is preparing to put such restrictions by issuing guidelines on the...
Rezaul Karim | 2016-08-13 00:00:00
The Prime Minister's Office (PMO) has asked the finance ministry to take necessary steps for framing a law and policies on recovery of default loans in the country's banking sector, officials said. As part of the move, an unofficial note...
Munima Sultana | 2016-08-13 00:00:00
The Ministry of Shipping and the Ministry of Railway are at loggerheads over acceptance of a proposal of a British firm to construct a rail link between Dhaka and Payra sea port, overlapping the railway's Padma bridge rail link project....
Talha Bin Habib | 2016-08-13 00:00:00
The government moves to upgrade Banglabandha Land Port (BLP) to facilitate smooth loading and unloading of goods for shipment to Nepal on transit route through India, officials said. To this end, the ministry of shipping (MoS) has given directives to...
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