Sayed Kamaluddin | 2016-08-04 00:00:00
The continuing tension in the Korean peninsula has further heightened by Washington's decision to deploy its Terminal High Altitude Area Defence (THAAD) missile in South Korea ostensibly responding to Pyongyang's back-to-back tests of a mid-range ballistic missiles in late June...
Mohd Jamil Hossain | 2016-08-04 00:00:00
On July 26, 2016, Bangladesh Bank (BB) announced Monetary Policy Statement (MPS) for the first six months of FY 2016-17. It is the first MPS after new Governor Fazle Kabir took over the charge of the central bank. BB relied...
Syful Islam | 2016-08-03 00:00:00
The central bank has asked all the scheduled banks to check and freeze accounts of three global groups of terrorists specially designated by the United Sates, officials said. They said the Bangladesh Financial Intelligence Unit (BFIU) of Bangladesh Bank issued...
Shamsul Huq Zahid | 2016-08-03 00:00:00
The size of 'stressed assets' in the banking system of the country, in all likelihood, would be bigger than that mentioned in the just-published Financial Stability Report (FSR)-2015 of the central bank. And the latest FSR in a way has...
M. A. Taslim | 2016-08-03 00:00:00
The new Governor of Bangladesh Bank (BB) has just announced the July-December 2016 Monetary Policy Statement (MPS). It declared with some satisfaction that the "available data (mostly up to May 2016) indicate attainment of almost all key objectives of the...
Doulot Akter Mala | 2016-08-03 00:00:00
The government's revenue authority has extended the tax exemption facility for the private power generation companies by another three and half years, up to December 31, 2019. The private power generation companies, except the coal-fired ones, that will go for...
Rezaul Karim | 2016-08-03 00:00:00
The government has issued a US$200 million counter-guarantee to the central bank for financing oil imports by Bangladesh Petroleum Corporation (BPC), officials said. A senior finance official said the fund would be sourced from the International Islamic Trade Finance Corporation...
Mohammad Rafiqul Islam in the first of a two-part article | 2016-08-03 00:00:00
Trade finance, the key facilitator of trade, refers to the financing arrangement with the lenders based upon the commercial transaction related to the movement of goods, services and performances. Credit and credit insurance help to oil the wheels of trade...
Selim Raihan, Sabyasachi Kar and Kunal Sen | 2016-08-03 00:00:00
A large literature has examined the role of institutions in explaining economic growth. While the earlier literature has examined the role of institutions in determining long-run per capita income, a new literature examines the determinants of growth accelerations and deceleration...
Asjadul Kibria | 2016-08-03 00:00:00
Financing the incremental size of recurrent and development expenditures has become more challenging in the country in the context of limited domestic resource mobilisation. To overcome the limitation, the government, the tax authority to be precise, has decided to move...
Soutik Biswas of BBC in New Delhi | 2016-08-03 00:00:00
Four years ago, a group of upper-caste men arrived at Mehul Vinodbhai Kabira's modest two-room home in Gujarat and threatened to burn it down. Bhayla is a nondescript village of around 450 low slung brick-and-cement homes straddling a highway dotted...
Siddique Islam | 2016-08-02 00:00:00
A load of rescheduled and restructured loans causes concern for the credit-risk management of country's banking industry, as it erodes their profitability and shifts the burden on clientele, reveals the central bank. "In the absence of an orderly recovery of...
Syful Islam | 2016-08-02 00:00:00
Seaports in Bangladesh will cut international tariff by 40 per cent to facilitate transport of goods at low cost under the Indo-Bangladesh coastal shipping agreement, officials said. The Chittagong port will cut tariff on five items while the Mongla port...
Doulot Akter Mala | 2016-08-02 00:00:00
National Board of Revenue (NBR) has offered tax exemption to different services, imported products, and income of employees and consultants of Rooppur Nuclear Power Plant (NPP) to expedite its implementation. Contractor companies of the project will be able to enjoy...
Talha Bin Habib | 2016-08-02 00:00:00
The state-owned Bangladesh Jute Mills Corporation (BJMC), facing a huge fund crunch, is set to receive conditional loan of Tk 2.60 billion from the government to purchase raw jute for its mills, officials said. The finance division, which is under...
Juliette Rousselot of Al Jazeera in Mithila, Nepal | 2016-08-02 00:00:00
Like many women in the Maithil community in Nepal, Manjula Thakur found her life severely restricted and controlled by the male members of her family. The community follows deeply entrenched patriarchal traditions. "I used to stay at home all the...
Jillian Kestler-D'Amours of Al Jazeera | 2016-08-02 00:00:00
An Israeli government plan to relocate thousands of Bedouin citizens to what it has dubbed a new township in the southern Negev desert is a betrayal, a lawyer representing the Bedouin villagers has said. Sanaa Ibn Bari, a laywer with...
Abdul Bayes | 2016-08-02 00:00:00
While Bangladesh's development puzzle has attracted attention of Amartya Sen and Jean Drez long ago, a group of researchers came up this time with some findings relating to health and nutrition to posit the country's positive posture. Arabinda Ghosh, Daniel...
Siddique Islam | 2016-08-01 00:00:00
The country's commercial banks will disburse Tk 175.50 billion in the countryside this fiscal year under an agricultural and rural credit policy and programme announced Sunday. As per the new policy, unveiled by the central bank, all local private commercial...
Munima Sultana | 2016-08-01 00:00:00
Dhaka has requested multiple-entry visa to be used in crossing all borders between Bangladesh and India to make travel by the peoples of two countries much easier and cross-border bus services viable. Scope for on-arrival port-entry visa and onboard security...
Talha Bin Habib | 2016-08-01 00:00:00
The government has decided to pay Tk 0.8 million as compensation to the family members of a civil servant if he/she dies during service, officials said. Previously the amount of compensation was Tk 0.5 million. The revised financial assistance of...
Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2016-08-01 00:00:00
The recent abortive military coup in Turkey has been an antidote of the break-down of army's command structure, the second largest military in the NATO alliance. Turkey was a buffer state while the world was split between the socialist bloc...
Neil Ray | 2016-08-01 00:00:00
Had Dhaka city had a soul and a voice, it would probably heave a shy of relief with the shifting of the Dhaka Central Jail (DCJ). It was a veritable hell where 8,000 inmates were crammed against its capacity of...
Shamsul Huq Zahid | 2016-08-01 00:00:00
The ranking of Bangladesh on lists prepared by international organisations on different issues and situation from time to time varies. It was placed at the bottom of the corruption perception index (CPI), prepared by the Transparency International (TI), for being...
Talha Bin Habib | 2016-07-31 00:00:00
The penalised tanners have yet to start relocating their units to Savar from Hazaribagh even after two weeks of the latest court verdict, while fines are accumulating into their accounts. At present, there are 154 tanneries at Hazaribagh, still polluting...
Doulot Akter Mala | 2016-07-31 00:00:00
A decrease in new subscribers pulled down the government tax-revenue collection from the telecommunications sector, the second largest source of receipts. Officials said the tax-revenue receipt from telecom posted a negative growth in the last fiscal year compared to that...
Management cost includes agent commission | 2016-07-31 00:00:00
The non-life management expenditure regulations, issued by the insurance regulator last week, have caused frustration in the industry as it included agent commission in the entire management cost. The latest regulation was prepared under the Insurance Act of 2010, scrapping...
Hugo Olazar of AFP in Asuncion, Paraguay | 2016-07-31 00:00:00
Paraguayan authorities got a surprise when they raided a Brazilian drug lord's jail cell... and found a three-room luxury suite complete with library, kitchen, conference room and plasma TV. Jarvis Chimenes Pavao, considered one of South America's most dangerous drug...
Dalia Hatuqa of Al Jazeera in Philadelphia, Pennsylvania | 2016-07-31 00:00:00
Eva Putzova held a banner with a simple message just outside the Democratic National Convention (DNC) floor on Tuesday: "I support Palestinian rights." "I think it's time that Democratic candidates - Hillary, Bernie or anybody else - start taking the...
Sagira Sultana Provaty | 2016-07-31 00:00:00
The monetary policy statement (MPS) for the first half of the current 2016-17 fiscal year (FY17) was unveiled by the Bangladesh Bank (BB) last week. It is a policy instrument of the BB for achieving price stability by controlling money...
© 2024 - All Rights with The Financial Express
