Doulot Akter Mala | 2017-05-29 00:00:00
The government is set to fix for the upcoming fiscal year a tax revenue target that will be respectively 19 per cent and 34 per cent higher than those of original and revised targets for the current fiscal (2016-17). It...
Siddique Islam | 2017-05-29 00:00:00
The country's overall import fell by more than 6.0 per cent in April this year from its previous month as importers slowed down placing fresh import orders ahead of the upcoming budget for the fiscal year 2017-18. A substantial quantity...
Md Rizwanul Islam | 2017-05-29 00:00:00
Kulbhushan Sudhir Jadhav, an Indian citizen, was sentenced by a Pakistani military court to be hanged for his alleged engagement in espionage and terrorism. The events surrounding his arrest is contested in that while India claims that he has been...
Hassan Hakimian in London | 2017-05-29 00:00:00
The landslide re-election of Iran's president, Hassan Rouhani, reflects the by now familiar pattern of continuity and change that has characterized Iran's major elections over the last two decades. For starters, the result defied most expectations. While Rouhani was the...
Shamsul Huq Zahid | 2017-05-29 00:00:00
The proposal of the National Board of Revenue (NBR) to double the existing rate of excise duty on all lending and deposits in banks from the first day of the next financial year is highly irrational. If implemented, the move...
Bazlul Khondker and Abu Eusuf in the first of a two-part article titled The new VAT system: Addressing some key concerns | 2017-05-29 00:00:00
Bangladesh is set to introduce the new value-added tax (VAT) system from July 01, 2017 known as the VAT and the Supplementary Duty ACT, 2012. This reform has been considered necessary to raise revenue to improve the country's tax effort...
Talha Bin Habib | 2017-05-28 00:00:00
The state-run Directorate of National Consumer Rights Protection (DNCRP) is ill-equipped to conduct market monitoring in the holy month of Ramadan due to the shortage of manpower and inadequate logistics, officials said. Shortage of manpower and insufficient logistics support have...
M. Serajul Islam | 2017-05-28 00:00:00
Senator Bernie Sanders and Ohio Governor Kasich were in a CNN town hall event with some time ago. While being critical of President Donald Trump, the Governor was trying to give him the benefit of a new president on a...
Mohammad Wazed Ali | 2017-05-27 00:00:00
Sales of instant power supply (IPS), uninterrupted power supply (UPS) and such other rechargeable electric appliances now see a significant rise for power outages amid an enervating hot weather. Traders said after the first week of this month the sales...
Babul Barman | 2017-05-27 00:00:00
Stocks rebounded last week that ended Thursday, breaking a two-week losing streak, as investors showed their buying appetite on some large-cap issues amid optimism. Market insiders said the government decision to cut yield rates of savings instruments coupled with lucrative...
Syful Islam | 2017-05-27 00:00:00
Bangladesh and Turkey are set to finalise terms of reference (ToR) next week aiming to initiate talks over signing of a free trade area (FTA) deal between the two Muslim nations, officials said. A Turkish delegation led by deputy director...
Janita Gurung and Anu Kumari Lama | 2017-05-27 00:00:00
Biodiversity is the basis for many tourism activities in the Hindu Kush Himalaya (HKH). Scenic landscapes, forests, lakes, mountains, and farmlands attract many tourists to the region. Iconic bird and animal species are also major attractions. The snow leopard is...
Hanif Hassan Al Qassim in Geneva | 2017-05-27 00:00:00
More than 7.0 billion people live on this planet spread among seven continents, 194 states of the United Nations (UN) and numerous other non-self-governing territories. The world is made up of a mosaic of people belonging to different cultural and...
Noore Alam Siddiqui | 2017-05-27 00:00:00
Every civilisation has its own distinctiveness. People of some civilisations were physically strong. Some were experts in building temples, beautiful houses and palaces and others earned acclaim in medical science and many other particular fields. Those civilisations were also limited...
Nabil Azam Dewan | 2017-05-27 00:00:00
Surprisingly, food adulteration in Bangladesh reaches its peak during the holy month of Ramadan. Since food adulteration is already considered a heinous act, it is beyond comprehension that illicit traders find it amusing to exploit the gastronomic enthusiasm of Bangladeshis...
Abdul Bayes | 2017-05-27 00:00:00
Leveraging Agriculture for Nutrition in South Asia (LANSA), a research project funded by DFID, aims at establishing a linkage between agriculture and nutritional improvement in South Asian countries. The rationale of such a project could cause a surprise as rapid...
Siddique Islam | 2017-05-26 00:00:00
The amount of classified loans of offshore banking units (OBUs) of different banks swelled more than four times or Tk 3.08 billion in the first quarter (Q1) of the current calendar year. The volume of non-performing loans (NPLs) that were...
Doulot Akter Mala | 2017-05-26 00:00:00
National Board of Revenue (NBR) has asked all the scheduled banks to provide it with account information of the chairman and three other directors of the Raintree Hotel by next 15 days. Tax zone-7 of the NBR's income tax wing...
Rob Lever of AFP in Washington | 2017-05-26 00:00:00
Was North Korea behind the ransomware epidemic that hit global computer networks earlier this month? That's the subject of heated debate in cybersecurity circles after analysts found similarities in the "WannaCry" worm to other malware attributed to North Korea, including...
Catherine Wilson in Canberra | 2017-05-26 00:00:00
The political future of New Caledonia, a French South Pacific Island territory of 273,000 people, is a profound question mark as a referendum on independence rapidly approaches next year. Equally, how the newly elected French Government, led by Emmanuel Macron,...
Asjadul Kibira | 2017-05-26 00:00:00
The current fiscal year's economic growth rate is provisionally estimated at 7.24 per cent. With nine months' data in hand, the national statistical body revealed the estimate of national accounting. Provisional estimation means the data are subject to revision once...
Jomo Kwame Sundaram in Kuala Lumpur | 2017-05-26 00:00:00
Why is it so difficult to achieve meaningful coordination when everybody agrees that it is desirable, if not necessary? President Richard Nixon's withdrawal of the US from and hence termination of the Bretton Woods system in 1971 confirmed the end...
Sushmita Basu, Kapil Basu and Sk. Aminul Islam | 2017-05-26 00:00:00
The annual budget for the fiscal year 2017-18 (FY18) will be crucial for the Bangladesh economy. The current size of the economy demands larger budgets for investment towards enhancement of important areas like infrastructure, education and health. The country with...
Doulot Akter Mala | 2017-05-25 00:00:00
Essential goods and services under VAT exemption list are likely to be increased to 1,500 in the 2017-18 national budget from existing 1,200. Mild steel rod, edible oil, sugar, purchase of land and apartments might be exempted from payment of...
Asjadul Kibria | 2017-05-25 00:00:00
Private investment remained almost stagnant for the last couple of years mainly due to absence of business-friendly environment in the country, said a senior economist. It was rising in absolute term, but hovering at around 23 per cent in real...
Nabila Anzum | 2017-05-25 00:00:00
Opportunities are aplenty, but not all youths are aware of their existence. In this backdrop, Youth Opportunities, a renowned international platform for finding global youth engagement scopes, strives to bridge this asymmetric status quo across the world. Based in Bangladesh,...
Sarwar Md. Saifullah Khaled | 2017-05-25 00:00:00
It augurs well that the government plans to take up a massive US$16-billion programme to improve the quality of secondary education and for that matter overhaul the secondary education sector. The plan gives us a message of hope that the...
Zofeen Ebrahim in Berlin | 2017-05-25 00:00:00
In a last-ditch effort, Germany and China are trying to influence the United States not to walk away from the Paris climate change accord it signed along with 194 nations. In December 2015, nearly every country committed to take action...
Syed jamaluddin | 2017-05-24 00:00:00
The Trading Corporation of Bangladesh (TCB) has begun from May 15 open market sales (OMS) of five key essential commodities to keep their prices stable during the Ramadan. The commodities are sugar, soybean oil, lentil, grams and dates. TCB will...
Jamal Ahmed Choudhury | 2017-05-24 00:00:00
Bangladesh did remarkably well in achieving its Millennium Development Goals (MDGs). Our strategic focus now is on the Sustainable Development Goals (SDGs) adopted by the UN General Assembly on September 25, 2015 as MDGs' successor to have a poverty and...
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