Syful Islam | 2017-05-09 00:00:00
Dissent grows as Dhaka and Delhi are negotiating a deal on deployment of a surveillance system for Bangladesh's coast with procurement exclusively from an Indian company, officials said. The department of shipping (DoS) strongly stood opposed to the provision of...
Doulot Akter Mala | 2017-05-09 00:00:00
The government may finally revise upward the VAT-exemption ceiling for small businesses and widen scope of Supplementary Duty (SD) protection for local industry in the new law. According to sources, the move has been made in the face of concern...
Talha Bin Habib | 2017-05-09 00:00:00
The authorities are weighing three local companies' applications for permission to making equity investment worth US$37.44 million abroad under their overseas business-expansion plan, officials said. The companies are Akij Jute Mills Ltd with a proposed investment of $ 20 million...
Talha Bin Habib | 2017-05-09 00:00:00
The government has taken a move to procure two inshore patrol vessels (IPVs) as part of a project worth Tk 4.45 billion for modernisation of Bangladesh Coast Guard (BCG), officials said. They said proposal in this regard is expected to...
Munima Sultana | 2017-05-09 00:00:00
Bangladesh Railway (BR) has placed the highest-ever demand of Tk 127.09 billion for implementing its 53 projects during the upcoming fiscal year (FY), 2017-18, allocating nearly half of the budget for Padma rail-link project, sources said. BR has returned its...
Mohammad Mufazzal | 2017-05-09 00:00:00
The securities' regulator is likely to approve the IPO proposals, which are awaiting the regulatory approval, under the existing public issue rules as it might be difficult for the companies to submit revised proposals. On April 27 last, the Bangladesh...
Emdadul Haque | 2017-05-09 00:00:00
BOGRA, May 08: About 1,200 people of Bogra, and Joypurhat districts are living their lives by preparing crunchy snack, locally known as Jhuri. Source said around 300 families in Dupchanchia, Kahaloo, Adamdighi, Sonatola, Sherpur, Gabtoly, Shibganj, Nandigram, Shahzahanpur, Dhunot and...
Jamaluddin Ahmed in the second of a four-part article titled The economics of value added tax system | 2017-05-09 00:00:00
There is a notion that the VAT is hidden in overall prices. This gives rise to a concern about spending growth. As a result, the argument goes, taxpayers won't notice the VAT the way they do income, sales, or payroll...
Abdul Bayes | 2017-05-09 00:00:00
In our everyday discourse on development in Bangladesh, many drivers of growth are discussed. But the role of two 'R's -- Remittances and Readymade Garments (RMG) -- seems to steal the show. These two sectors have grown very fast in...
Maswood Alam Khan | 2017-05-09 00:00:00
A thrilling and tumultuous election campaign in France is over. Curtain has been drawn on an unbelievable drama. The French have elected a 39-year old man with little experience in politics. Emmanuel Macron has finally walked the walk. He has...
Special Correspondent | 2017-05-08 00:00:00
Yokohama (Japan), May 07: Finance Minister AMA Muhith differed over the concept of establishing a full-fledged regional hub of the Asian Development Bank (ADB) for the South Asian countries in New Delhi. Indian finance minister Arun Jaitley Saturday strongly proposed...
Asjadul Kibria, from Yokohama | 2017-05-08 00:00:00
The Asian Development Bank hinted at doubling its assistance for Bangladesh economy as it grows rapidly and demands higher investment to maintain the momentum. To support the advances, which an ADB functionary likened to the East-Asia model, the Bank is...
Siddique Islam | 2017-05-08 00:00:00
The country's overall trade deficit widened by nearly 47 per cent or US$ 2.25 billion in the first nine months of this fiscal year (FY), 2016-17, following higher growth of import payments than export earnings, officials said. The trade gap...
Babul Barman | 2017-05-08 00:00:00
Net portfolio investment in stocks slumped 78 per cent month-on-month in April this year, hitting eight months low, as overseas investors booked profit on large-cap stocks. Local stockbrokers who deals with foreign investors, told the FE that the overseas investors...
Sarwar Md. Saifullah Khaled | 2017-05-08 00:00:00
In Bangladesh there are ups and downs in its social fabric in terms of economic wellbeing of the people though the country's Gross Domestic Product (GDP) is growing at a satisfactory pace of over 6.0 per cent during the last...
Jamaluddin Ahmed in the first of a four-part article titled The economics of value added tax system | 2017-05-08 00:00:00
The Value Added Tax (VAT) is probably the ideal tax from a conservative point of view. As a broad-based tax on consumption, it creates less economic distortion per dollar of revenue than any other tax - certainly much less than...
Neil Ray | 2017-05-08 00:00:00
What he could not do when he was alive is being done now that he is no more. Here is a 45-year old man named Hazrat Ali from village Karna Para in Shripur, Gazipur, who could register a protest in...
Shamsul Huq Zahid | 2017-05-08 00:00:00
When the findings of the Global Financial Integrity (GFI), a Washington-based research organisation, about the flight of capital from Bangladesh along with other countries for the first time hit the newspaper headlines, it had jolted society. The jolt came because...
M. A. Taslim | 2017-05-08 00:00:00
The exporters of the country, especially ready-made garments exporters, have been urging Bangladesh Bank for a depreciation of the external value of the domestic currency taka for some time now. They argued that such a step was essential to maintain...
Asjadul Kibria,from Yokohama | 2017-05-07 00:00:00
Asia needs US$1.7 trillion per annum year for investing in power, transport, telecommunications, and water through 2030 to realise its promised prosperity, and building up quality infrastructure is imperative to yield this investment. Also, Asian countries need to extend cooperation...
Munima Sultana | 2017-05-07 00:00:00
Bangladesh is ready to host the next Delta Coalition conference at ministerial level in July with main focus on water issues. The Delta Coalition conference, a forum of 12 countries, will be held along with the High Level Panel on...
Sayed Kamaluddin | 2017-05-07 00:00:00
Chinese President Xi Jinping's brainchild known as the 'Belt and Road Initiative (BRI) for International Cooperation' will begin its first two-day forum in Beijing on May 14. However, a section of Western mainstream media is already at work to undermine...
Asjadul KIbria from Yokohama, Japan | 2017-05-07 00:00:00
Progress of the Asian Development Bank (ADB) is widely linked with Asia's development journey in the last five decades. The regional bank formally started its operation in 1966 in a bid to facilitate the Asian countries to overcome the many...
Asjadul Kibria, from Yokohama | 2017-05-06 00:00:00
Asian Development Bank (ADB) has improved its performance in loan disbursement in the year 2016, according to the latest version of the regional bank's report on its aid effectiveness. The report titled '2016 Development Effectiveness Review' was released at the...
Syful Islam | 2017-05-06 00:00:00
Bangladesh is found reluctant to take the World Bank's development policy credit (DPC), a financing window to support government's policy and institutional reforms, officials said. The multinational lender had been in talks with the government for years on reforms of...
Asjadul Kibria | 2017-05-06 00:00:00
YOKOHAMA (Japan), May 05: As a latest global report on capital flight sparks debate in Bangladesh, the finance minister hinted he would devise some budgetary deterrents to curb the illegal transfer of funds from the country. Mr A M A...
Babul Barman | 2017-05-06 00:00:00
Stocks posted marginal gain last week that ended Thursday, extending the winning spell for the second week in a row, as investors showed their buying appetite on sector-specific large-cap stocks. Market insiders said quarterly earning declarations boosted fund flow in...
Ismail Hossain | 2017-05-06 00:00:00
It is a busy time for apparel makers across the river Buriganga in Keraniganj in view of ensuing Ramadan and Eid-ul-Fitr, which is the largest sales festival for them. Traders in Keraniganj sell 70 per cent of their annual turnover...
Md Shakil Ahmad | 2017-05-06 00:00:00
As a regular commuter of Dhaka city, this scribe also like others is a victim of every profit motive of bus owners, drivers and conductors. So, any decision favouring the passengers from the governing authority comes as drops of rain...
Enayetullah Khan | 2017-05-06 00:00:00
It gets you every time, doesn't it? It could just be the most touching, most enduring paean to a Bengali heart's yearning. How it almost meanders through all the right sensibilities, delicately plucking at the pangs felt in the course...
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