Hasnat Abdul Hye | 2016-07-14 00:00:00
Every knowledgeable person in Bangladesh knows that next to garment sector migrant workers are the second biggest source of foreign exchanga earning in the country. About eight million Bangladeshis working abroad, mostly in the Middle-Eest, send on average $15 billion...
Siddique Islam | 2016-07-13 00:00:00
A bilateral meeting between the Federal Reserve Bank of New York and the Bangladesh Bank (BB) will be held in New York in August to speed up efforts for recovering the stolen US$ 81 million from the Philippines, officials said....
Shamsul Huq Zahid | 2016-07-13 00:00:00
The ministries and other government agencies as usual got their respective magic wands during the penultimate and final months of the just concluded fiscal year (FY), 2015-16, and spent (?) 42.5 per cent of the total allocations, Tk 390 billion,...
Syful Islam | 2016-07-13 00:00:00
The ministry of shipping (MoS) has found the proposal of the UK-based DP Rail on connecting the new sea port at Paira with capital Dhaka through railway feasible, officials have said. The rail connectivity of the port with Dhaka is...
Marie-Helene Carleton of Al Jazeera in Paris, France | 2016-07-13 00:00:00
Docked along the Seine, the Petit Bain is a floating cultural event space that features musicians, DJs and artists. Recently, the venue was host to several refugee chefs who prepared their recipes for hungry and curious Parisians as part of...
Asjadul Kibria | 2016-07-13 00:00:00
Swiss secrecy again makes headlines in the newspapers around the world. The amount of financial assets of Bangladeshi individuals and entities allegedly stashed in different banks in Switzerland increased by 10 per cent in 2015 over 2014. Though such an...
Siddique Islam | 2016-07-12 00:00:00
The country counted a 2.55 per cent fall in inward remittances in the just-concluded fiscal year principally for slower development activities in the Middle East. According to the central bank statistics, released Monday, the inflow of remittances came down to...
Doulot Akter Mala | 2016-07-12 00:00:00
A government move is underway to review and update the relevant international treaties with different countries as the instruments proved obsolete in dealing with external trade and vices like capital outflow in the digital era, officials said. They said the...
Shamsul Huq Zahid | 2016-07-12 00:00:00
The removal of the managing director (MD) and chief executive officer (CEO) of the state-owned Agrani Bank on June 30 last and arrest of the acting managing director of the same bank on the same day stirred up surprise in...
Syful Islam | 2016-07-11 00:00:00
The Palli Karma Sahayak Foundation (PKSF) has sought the rescheduling of Tk 12 billion borrowed from the government and development partners to lend to poor people for employment generation, as it faces fund crunch, officials said. Established in May 1990,...
Siddique Islam | 2016-07-11 00:00:00
The government is set to borrow significantly high amounts from banks in July for adjusting higher expenditure in June and part financing of its budget deficit for the current fiscal. Officials said the borrowings from the banking system could run...
Munima Sultana | 2016-07-11 00:00:00
Full-scale construction work is set to begin by December to upgrade Dhaka-Joydebpur road to a multimodal transport corridor with a dedicated bus lane as this gateway carries the highest traffic volume. Official data show that this corridor takes the load...
Sayed Kamaluddin | 2016-07-11 00:00:00
While the Indians are grappling with apparent uncertainties caused by a sudden change of the governor of the Reserve Bank of India (RBI), the country's central bank, a top private banker has accused the banking sector of not being honest...
Abdul Bayes | 2016-07-11 00:00:00
Until recently women in Bangladesh hardly participated in agricultural activities outside their homes. A number of studies conducted in the 1980s and 1990s found that their contribution to socio-economic development was not visible due to a set of social norms...
Neil Ray | 2016-07-11 00:00:00
One casual but often spontaneous answer to the common question, 'how are you?' is obviously, 'fine' (Kemon achho? Bhalo achhi). The answer may be quite honest at times but definitely not all the time. On many occasions it may be...
Syed Ashraf Ali | 2016-07-11 00:00:00
Britain’s vote to exit from the European Union signals the end of a love story-- Shakespearian love story, you can say-- that did not end, as usually it does, with the pair living happily ever after. The romance, in fact,...
Doulot Akter Mala | 2016-07-10 00:00:00
Government's revenue authority has withdrawn the duty rebate provisions for referral hospitals that used to keep 5.0 per cent of their seats reserved for free-of-cost admission of poor and low-income patients. The decision to withdraw the facility was taken following...
Rezaul Karim | 2016-07-10 00:00:00
Electricity-distribution companies are getting in deeper trouble financially mainly as various state entities dodge payment of overdue power bills, officials said. The distribution agencies and companies have failed to collect defaulted bills worth Tk 15.55 billion from different state-run and...
Ismail Hossain | 2016-07-10 00:00:00
Cellphone companies consider going to court against the telecom regulator, which asked them to start call-drop compensation service from July 1. A source with the Association of Mobile Telephone Operators of Bangladesh said mobile operators will file a petition before...
Syful Islam | 2016-07-10 00:00:00
The central bank refutes the Asian Development Bank (ADB) survey finding that growth of small and medium enterprises (SME) in Bangladesh has slowed down for funding constraints, asserting that this priority sector of the economy is expanding. In a country...
Mohammad Mufazzal | 2016-07-10 00:00:00
The recent Supreme Court's (SC) order on liquidation of closed-end Mutual Funds has played a key role in creating interest among the investors for the MFs. As a result, market insiders said MFs listed on the bourses have started to...
M Serajul Islam | 2016-07-10 00:00:00
Dhaka is shell shocked, especially the elites of the city. The terrorist act at Artisan Bakery Cafe where nine Italians, seven Japanese, one Indian and three Bangladeshis were killed in the hands of six terrorists has graduated the Bangladesh capital...
Rashidul Bari | 2016-07-10 00:00:00
Like 1.6 billion Muslims across the globe, this writer went to the mosque to celebrate Eid, the end of Ramadan, along with his two sons, Isaac, the 'four-year-old Einstein' and Albert, the '13-year-old SAT expert.' While listening to the Imam...
Shamsul Huq Zahid | 2016-07-10 00:00:00
It is not that surprising that deposits made by Bangladesh nationals with Swiss banks recorded a 10 per cent growth in 2015 while the same from nationals of other countries, barring those from Pakistan, declined during the period. The increase...
Doulot Akter Mala | 2016-07-05 00:00:00
Minimum income tax for potential professional and business taxpayers in rural areas trebles in the current fiscal year (FY). The rural businesses and professionals, who are under spot-assessment system, will now have to pay Tk 3,000 as minimum tax, according...
Munima Sultana | 2016-07-05 00:00:00
The country is yet to have an updated national drug policy even five years after initiation of it due to bureaucratic procrastination. The delay has put on hold many important actions necessary to improve the quality of drugs and their...
Talha Bin Habib | 2016-07-05 00:00:00
The capital's usually congested streets got clogged Monday, trapping many in tailbacks for long, as myriad people came out on a last-minute buying binge or on outbound journey for Eid festival. Witnesses said many had to walk down to their...
Siddique Islam | 2016-07-05 00:00:00
Exchange rate of the US dollar against the local currency in the open market, known as kerb market, has increased substantially ahead of the Eid-ul-Fitr festival, traders said. The US currency has reached its maximum rate of Tk 83.00 on...
Babul Barman | 2016-07-05 00:00:00
The over-the-counter (OTC) market of Dhaka Stock Exchange (DSE) is running sluggish since its launching seven years back, causing only sufferings to some investors rather than relieving them. The Bangladesh Securities and Exchange Commission (BSEC) formally launched the OTC market...
Mohammad Wazed Ali | 2016-07-05 00:00:00
Demand for and sale of smart televisions have increased more on the occasion of the Eid-ul-Fitr than normal period, branch managers and sales people at the electronics outlets in the city told the FE. According to them, sale of smart...
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