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...
Md. Ashiq Iqbal | 2017-05-24 00:00:00
Bangladesh is one of the few countries in the world to have introduced 'Child Budget', thanks to the leadership of the Finance Minister. Article 4 of the United Nations Convention on the Rights of the Child (UNCRC) requires all countries...
Doulot Akter Mala | 2017-05-23 00:00:00
The government is set to impose supplementary duty on major revenue-generating sectors, which now pay 15 per cent VAT, to offset the tax cut demanded by businesses. Officials hope the SD might make up for the revenue loss following a...
Siddique Islam | 2017-05-23 00:00:00
The central bank asked commercial banks to provide EFT (Electronic Funds Transfer) and Real Time Gross Settlement (RTGS) services from all branches by December 31. To this effect, the Bangladesh Bank (BB) issued a circular Monday, asking the managing directors...
Shamsul Alam | 2017-05-23 00:00:00
Bangladesh, as part of its commitment to share progress and success stories in implementing Sustainable Development Goals (SDGs), has decided to take part in the Voluntary National Review at the UN High Level Political Forum to be held in New...
Sayed Kamaluddin | 2017-05-23 00:00:00
Planning Minister AHM Mustafa Kamal is frequently hogging headlines these days. Of course, it is normal that any politician and more so if he/she happens to be an important minister, would like to do so. Last Wednesday (May 16) the...
Abdul Bayes | 2017-05-23 00:00:00
Rural people are generally engaged in different types of activities and can be segmented broadly into two groups. There are household-level works, often labelled as 'domestic activities', such as processing of food, cooking, child care, educating children, house-keeping, cottage industries,...
Doulot Akter Mala | 2017-05-22 00:00:00
The government is likely to raise the tax-free income limit for individual taxpayers after two consecutive fiscal years of maintaining the same threshold. Sources concerned said the ceiling could be revised upward to Tk 275,000 from the existing one of...
Siddique Islam | 2017-05-22 00:00:00
Country's commercial banks can now receive repayment cheques against disbursed loans from their clients by maintaining three procedures, under revised rules. The central bank revised its prudential guidelines for consumer financing and small-enterprise financing by adding a new regulation related...
Jeff Mason and Steve Holland of Reuters in Riyadh | 2017-05-22 00:00:00
Under political fire at home, US President Donald Trump sealed a $110 billion arms deal with Saudi Arabia on Saturday on his maiden foreign trip as he struggled to shift attention from the aftermath of his firing of the director...
Sayed Kamaluddin | 2017-05-22 00:00:00
The Bangladesh-China-India-Myanmar Forum for Regional Cooperation (BCIM) Economic Corridor (BCIM-EC) was first mooted in 1999, much before the Belt and Road Initiative (BRI) was launched by China and China-Pakistan Economic Corridor (CPEC) was even conceived. Meanwhile, the BRI, first announced...
Neil Ray | 2017-05-22 00:00:00
It is said not for nothing that marriages are made in heaven. Still young men like Sanjay Ghosh from Rajbari or Anik Khan from Natore can only harbour the thought of a bride from Brazil and Thailand respectively in their...
Shamsul Huq Zahid | 2017-05-22 00:00:00
The country's financial sector has institutions of different types in excess of what it needs. This is true for banks, insurance companies and non-banking financial institutions (NBFIs). The sector is also reportedly accommodating credit rating agencies more than the requirement....
M. A. Taslim | 2017-05-22 00:00:00
Whenever I am required to do an introductory lecture on government budget, I find it pedagogically helpful to begin with highlighting the similarities between a household budget and the government budget. Since every household has an (implicit or explicit) budget,...
Talha Bin Habib | 2017-05-21 00:00:00
City dwellers should not get panicked over a recent outbreak of mosquito-borne chikungunya viral fever, physicians say. The outbreak of chikungunya virus has created a new public health concern apart from dengue. It causes fever, muscle pain, headache, nausea, fatigue,...
Dalia Marin in Munich | 2017-05-21 00:00:00
The digital economy is carving out new divides between capital and labour, by allowing one firm, or a small number of firms, to capture an increasingly large market share. With "superstar" companies operating globally, and dominating markets in multiple countries...
M Serajul Islam | 2017-05-21 00:00:00
President Trump's creation of the world of alternative facts to dismiss anything and everything he does not like has finally crumbled. Rod Rosenstein, the Deputy Attorney General (DAG) in the absence of the Attorney General Jeff Sessions, who has rescued...
Siddique Islam | 2017-05-20 00:00:00
Global rating agency Standard & Poor's (S&P) affirmed its 'BB-' long-term and 'B' short-term sovereign credit ratings on Bangladesh with a stable outlook for the consecutive eighth year, notwithstanding some drawbacks. The stable outlook balances the country's healthy growth prospects...
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