Harold James in Princeton | 2017-07-06 00:00:00
With global leadership now in question, the G20's upcoming summit in Hamburg on July 07-08 could be the group's tensest meeting ever. The summit process long pre-dates the G20's founding in 1999. It was originally designed, in the 1970s, to...
Siddique Islam | 2017-07-05 00:00:00
The Federal Reserve Bank of New York, Bangladesh Bank (BB) and SWIFT have reiterated their commitment to work together for recovering the remaining stolen money of $65.75 million from the Philippines. They have also decided to continue discussions about the...
Asjadul Kibria | 2017-07-05 00:00:00
Bangladesh economy is growing at a faster rate than in the past. Policymakers claim that growth of the economy is now becoming inclusive. For the people in general to understand what it takes an economy to be inclusive they would...
Sayed Kamaluddin | 2017-07-05 00:00:00
The longest 'war on terror' launched by the United States in Afghanistan seems to have been forgotten amidst the exploding nature of crisis in Syria. Both the wars were initiated by Washington - sixteen years ago in Afghanistan and six...
Doulot Akter Mala | 2017-07-04 00:00:00
The National Board of Revenue (NBR) has withdrawn the income tax exemption ceiling of Tk 0.2 million on contract value for contractors and suppliers from the current fiscal year (FY). The NBR issued a Statutory Regulatory Order (SRO), scrapping the...
Siddique Islam | 2017-07-04 00:00:00
A consortium of five Chinese banks offered to invest US$1.8 billion in developing a 1320mw coal-fired power plant in seaside Banskhali Upazila in Bangladesh's southeastern Chittagong district. Senior officials of the Chinese banks expressed their willingness to put their funds...
Mohammad Mufazzal | 2017-07-04 00:00:00
The government is going to realise revenue worth above Tk 4.10 billion from both the bourses and Central Depository Bangladesh Limited (CDBL) in the outgoing FY 2016-17. The revenue received by the government gradually rose during the FY 2012-13 to...
Munima Sultana | 2017-07-04 00:00:00
The French government's engagement in Bangladesh's development has increased significantly in the last five years, but the disbursement of aid remains low. According to sources, the annual general consultation of Bangladesh-Agence Francaise de Development (AFD) was held in the French...
Lauren Monsen | 2017-07-04 00:00:00
When Dania Albaba was a sophomore at the University of Houston in Texas, she wanted to do more to serve her community. So, she and a few of her friends decided to launch a local chapter of the nonprofit group...
Marcia Bernicat, US Ambassador in Bangladesh | 2017-07-04 00:00:00
Birthdays are enjoyable occasions. They are a time to remember the wonder and hope of youth while reflecting on the passage of time and dreams fulfilled -- or yet to be realised. There are no straight lines between our hopes...
Louise Fenner | 2017-07-04 00:00:00
"Over the years, the meanings of the [Statue of Liberty] have grown until she has become an international icon of freedom and liberty, the most recognisable symbol of democracy in the world," says the National Park Service, which has responsibility...
Abdul Bayes | 2017-07-04 00:00:00
Economic theories developed since the 1960s embrace endogenous growth that introduces human capital - education - as a means of ensuring economic growth. Almost similar to this argument is Amartya Sen's human development paradigm that stipulates that education can play...
Shah Md Ahsan Habib in the first of a two-part article on challenges banks face in trade facilitation businesses | 2017-07-04 00:00:00
Changing global political scene and erosion of confidence among stakeholders and market players have brought international trade finance market face to face with ever newer challenges. For banks, the geopolitical shift came up at a time when regulations, including more...
Imtiaz A. Hussain concluding a six-part series assessing the origins, on-goings, and outcomes of Islamic extremism | 2017-07-04 00:00:00
Islamic extremism cannot be bombed out of this world. Broadly, a military solution is more likely to exacerbate the threat than extinguish it. That is not to say the negotiating table is where the solution lies: it may be, but...
Doulot Akter Mala | 2017-07-03 00:00:00
Customs measures are going through massive changes following sudden backtracking of the government on enforcement of the new VAT and SD law amid topsy-turvy in its fiscal plans. As both the customs and VAT laws have some interrelated measures, the...
Siddique Islam | 2017-07-03 00:00:00
The flow of remittances into Bangladesh dropped substantially by 14.48 per cent or US$2.16 billion in the just-concluded fiscal year (FY), as various promotional measures hardly delivered. According to the central bank statistics released Sunday, the inward flow of remittances...
Talha Bin Habib | 2017-07-03 00:00:00
The ministry of commerce has drafted policies on active pharmaceuticals ingredients (API), renewable energy and leather, proposing cash incentives to give it boost to the sectors. The draft policies suggested the continuation of 15 per cent cash incentives for the...
Christopher Smart in London | 2017-07-03 00:00:00
With all the public attention in the United States focused on health care, immigration, and Russia, the Trump administration's trade policies have flown largely under the radar. But the underlying logic of President Donald Trump's approach to trade is about...
Sarwar Md. Saifullah Khaled | 2017-07-03 00:00:00
Education is at the core of progress in all fields in the world. Its role in eradicating poverty through equitable distribution of income and achieving progress and prosperity can hardly be over-emphasised. There is no alternative to education to achieve...
Neil Ray | 2017-07-03 00:00:00
People's imperviousness seems to have reached a high point. Or else the nation could not remain so unconcerned about the daily toll of road accidents. Hardly a day now passes when the road casualties come down to a figure fewer...
Shamsul Huq Zahid | 2017-07-03 00:00:00
Rental power plants, introduced in 2010 in the country for the first time, were found to be 'necessary evils' in view of severe power crisis prevailing at that time. Those have so far proved to be expensive and the government's...
Doulot Akter Mala | 2017-07-02 00:00:00
Government's revenue authority surpassed its revised target of revenue collection in the just-concluded fiscal year (FY 2016-17) by Tk 710 million, provisional figures show, circumventing some hurdles. The revised target of tax-revenue collection in the fiscal year (FY) 2016-17 was...
Siddique Islam | 2017-07-02 00:00:00
Operating profits of the country's private commercial banks (PCBs) showed an upturn in the first six months of the current calendar year. Of 40 PCBs, 15 marked an upward trend in operating profits while three witnessed a downturn, according to...
Munima Sultana | 2017-07-02 00:00:00
The BIMSTEC has taken a move to sign motor vehicle agreement (MVA) under the sub- regional forum of seven South and South East Asian countries for cross-border movement of multimodal transports.. Sources said the first draft of the MVA under...
Mohammad Mufazzal | 2017-07-02 00:00:00
The number of active BO (beneficiary owner's) accounts has marginally declined in the outgoing fiscal year (FY) 2016-17 compared to the previous FY. The officials of some brokerage houses said the number of accounts has declined as the general investors'...
Syful Islam | 2017-07-02 00:00:00
Reinsurance cost to be borne by Biman Bangladesh Airlines next year has gone down despite having a large claim this year, officials said. For the next one year, starting mid-July, the gross premium is set at US$5.40 million as against...
Ferdaus Ara Begum concluding a two-part article on export diversification | 2017-07-02 00:00:00
Bangladesh still has a long way to go to reach a satisfactory level of quality infrastructure in order to become an export-led manufacture-based country in the true sense of the term. Related to it is the issue of technical requirements...
Pascal Salin in Paris | 2017-07-02 00:00:00
As a longtime champion of liberty and free trade, it is not surprising that the United States enjoys one of the highest standards of living in the world. But unless its policymakers act soon, the US could find itself in...
Chinese Ambassador to Russia in an article published in People's Daily of China | 2017-07-02 00:00:00
China and Russia will depict strategic deployment on their ties during Chinese President Xi Jinping's upcoming state visit to Russia, Chinese Ambassador to Russia Li Hui wrote in an article published on the People's Daily last Thursday, adding that the...
Megha Bahree of AFP in New Delhi | 2017-07-02 00:00:00
India launched on Saturday its biggest ever fiscal reform with the government promising a stronger, less corrupt economy while businesses are nervous about the new tax. The goods and services tax (GST) replaces more than a dozen levies imposed nationally...
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