Mohamed A. El-Erian in Zurich | 2017-06-25 00:00:00
The International Monetary Fund (IMF) has resurrected an old technique - commonly used in the 1980s during the Latin American debt crisis - that would allow Greece to avoid a payment default next month on debt owed to European creditors....
Ismail Hossain | 2017-06-24 00:00:00
The prices of coarse rice continued to maintain the previous high level until yesterday (Friday) despite cut in import and regulatory duty by 18 per cent. But prices of other rice varieties recorded some fall. Traders and millers said the...
Syful Islam | 2017-06-24 00:00:00
The Protocol on Inland Water Transit and Trade (PIWTT) is poised to incorporate a provision under which Bangladesh has to bear 20 per cent of the route-maintenance cost. Officials said the protocol route is mainly used for carrying Indian cargos....
Babul Barman | 2017-06-24 00:00:00
Stocks rebounded last week that ended Thursday, after a single-week break, as investors showed their buying appetite on large-cap stocks amid anticipation of budget review. Market insiders said several factors like budget review expectation, June closing year-end earnings and dividend...
Nilratan Halder | 2017-06-24 00:00:00
That television serials are intoxicating for some and the greatest enemy to others is quite evident. Of course, the number of those remaining spellbound by the small screen far surpasses that of its haters. So, the serial producers have no...
M. Serajul Islam | 2017-06-24 00:00:00
Indian commentators, mostly former star players, were discussing the possible outcome of the match with their Pakistani counterparts on the leading Indian TV stations in the evening prior to the Pakistan-India ICC Championship match at Oval. The Indians were proud...
Muhammad Abdul Mazid | 2017-06-24 00:00:00
The importance of inclusiveness for economic development has gained momentum as a result of findings about financial exclusion and its direct correlation to poverty. Microcredit as a concept and system had been an asymmetric evolution ahead of financial inclusion. Financial...
Syful Islam | 2017-06-23 00:00:00
In the wake of strong opposition from the departments and the agencies concerned, the government has decided to conduct a feasibility study on the necessity of collecting a coastal surveillance system (CSS) from India, officials said. A six-member committee has...
Siddique Islam | 2017-06-23 00:00:00
The inter-bank call money rate remained stable on Thursday, the last working day before the Eid-ul-Fitr festival, despite higher withdrawal of cash from the banks, treasury officials said. The call money rate ranged between 2.25 per cent and 4.50 per...
Doulot Akter Mala | 2017-06-23 00:00:00
The government is set to incorporate a new slab of the excise duty on bank account balance for small savers following widespread criticism over a proposed hike in the budget for the fiscal year (FY) 2017-18. The excise duty may...
Munima Sultana | 2017-06-23 00:00:00
Bangladesh, India and Nepal are likely to execute motor vehicle agreement (MVA) without Bhutan beginning cross-border movement of passenger and cargo vehicles. Sources said the foreign ministries of the three countries have already taken the move in this regard after...
Raihan M Chowdhury paying tribute to Professor Sirajul Islam Choudhury on his 81st birthday | 2017-06-23 00:00:00
During the troubled days in Dhaka University more than two decades ago, we often enjoyed 'EL' just as a full-time job-holder does. But this EL was not 'Extended Leave' as it is generally understood; it was 'Ershad's Leave'. The university...
Nilratan Halder | 2017-06-23 00:00:00
Even a layman can realise that climate is changing for the worse. But this does not prompt one such person to reach the conclusion that the end of human civilisation is near. Stephen Hawking, the greatest theoretical physicist of our...
Imtiaz A. Hussain in the fourth of a six-part series assessing the origins, on-goings, and outcomes of Islamic extremism | 2017-06-23 00:00:00
Economic resources can produce Islamic extremism in at least four ways: the very absence of any meaningful economic resources; the extension of economic resources for non-economic purposes; the diversion of economic wealth; and economic wealth directly instigating extremism. The absence...
Doulot Akter Mala | 2017-06-22 00:00:00
The process is all but complete to postpone enforcement of the new VAT and Supplementary Duty Act 2012 at the instruction of the prime minister, amid raging criticism of its possible fallout. Officials said the National Board of Revenue (NBR)...
Siddique Islam | 2017-06-22 00:00:00
The current negative growth in remittance inflows might have some adverse effects on domestic demand, the central bank said, thereby possibly affecting country's economic growth. From the demand side, strong private-sector-credit growth and capital-machinery-import growth indicate buoyant domestic demand, according...
Mohammad Mufazzal | 2017-06-22 00:00:00
The securities' regulator has rejected the ICB's (Investment Corporation of Bangladesh) plea made to continue the management of ICB Unit Fund by the corporation without transferring the fund to its subsidiary company. As per the regulator's latest decision, the ICB...
Doulot Akter Mala | 2017-06-21 00:00:00
Country's apex trade chamber finally urged the government to recast some measures in the proposed budget for next fiscal, retaining the multiple VAT rates, reducing turnover tax and up-raising the individual income-tax threshold. The Federation of Bangladesh Chambers of Commerce...
Siddique Islam | 2017-06-21 00:00:00
The central bank has asked the country's commercial banks to ensure transactions by arranging smooth operations of alternative delivery channels (ADCs) round the clock during the Eid vacation, officials said. The ADCs cover the operations of ATM (Automated Teller Machine),...
Babul Barman | 2017-06-21 00:00:00
Four listed companies raised an aggregate amount of Tk 10.42 billion, including premium, in the outgoing fiscal year (FY) 2016-17 from the capital market through rights issue. The rights issue is an offer of new shares by a company to...
Mohammad Mufazzal | 2017-06-21 00:00:00
The amount of funds raised through IPO (initial public offering) declined by 61 per cent in the fiscal year (FY) 2016-17 compared to previous FY 2015-16. In the FY 2016-17, six companies and three MFs raised an aggregate amount of...
T I M Nurul Kabir | 2017-06-21 00:00:00
Mobile telecom services have boosted productivity in the overall economy of Bangladesh. By facilitating efficient and cost effective ways to communicate and access information, the mobile technology has transformed the way economic activity is carried out across all sectors of...
Syed Ismail | 2017-06-21 00:00:00
South Asia is among the fastest growing regions of the world but it has always provided highly contrasting images. On the back of a long period of robust economic growth, the region has the largest number of chronically poor people...
Anne Chaon of AFP in Kabul | 2017-06-21 00:00:00
Afghan women are redrawing the media landscape in the deeply conservative country with the launch of a new magazine and a television channel, risking the anger of extremists by giving their gender a glamorous voice. The teams behind the two...
Siddique Islam | 2017-06-20 00:00:00
The central bank is set to modify the guidelines on credit card operations, allowing the banks to fix the interest rate on card users on the basis of any loan instead of consumer credit. The banks have already been asked...
Doulot Akter Mala | 2017-06-20 00:00:00
The government moves to rewrite the new VAT act, accommodating in it some provisions of the existing law, to skip wild criticisms and possible price rises. Officials said exercises are on stream to accommodate some of the provisions of the...
Talha Bin Habib | 2017-06-20 00:00:00
The launch terminal in the city witnessed a rush of advance ticket seekers on Monday, as special launch service for Eid holidaymakers begins on Wednesday. More than half a million city dwellers are expected to use the waterway to go...
Abdul Bayes | 2017-06-20 00:00:00
Health or physical condition of a person essentially measures the quality of human life. The adage 'health is wealth' or Amartya Sen's seminal remark 'good health is an end in itself' possibly points to human development beyond the boundary of...
Imtiaz A. Hussain in the third of a six-part series assessing the origins, on-goings, and outcomes of Islamic extremism | 2017-06-20 00:00:00
Such political causes of Islamic extremism as authoritarian Muslim governments, their intimate relationship with a trouble-seeking United States, alienated Muslim immigrants/refugees in western countries, and political division along reformist-radical Islamic lines (described in the last Scopus article), operate within a...
Asjadul Kibria | 2017-06-20 00:00:00
The 11th ministerial conference of the World Trade Organisation (WTO) is scheduled to take place in Buenos Aires, Argentina this December. This is the second time a Latin American country will host such a crucial WTO event. Earlier, Mexico hosted...
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