Syful Islam and Rezaul Karim | 2017-04-05 00:00:00
The government has initiated the process of exploring the need for policy guidelines to facilitate Bangladeshi investment abroad, suiting the country's present economic status, officials said. For ascertaining such need, the Prime Minister's Office (PMO) recently formed an inter-ministerial committee....
Munima Sultana | 2017-04-05 00:00:00
Bangladesh Railway (BR) has expressed its inability to start construction of the Padma Bridge railway link project as per schedule, officials said, as a loan of US$ 3.14 billion from Chinese EXIM Bank is yet to be confirmed. As a...
Siddique Islam | 2017-04-04 00:00:00
Biman Bangladesh Airlines has taken US$ 66.50 million loan from Sonali Bank Limited to adjust pre-delivery payment (PDP) dues for two more Boeing aircraft. The country's largest state-owned commercial bank (SoCB) had arranged the loan for the national flag carrier...
Munima Sultana | 2017-04-04 00:00:00
Bangladesh and Indian railways are set to sign an agreement on improvement of container service and launch train services between the two countries during the Bangladesh Prime Minister's visit to India next week. Officials said Container Corporation of India and...
Talha Bin Habib | 2017-04-04 00:00:00
The government is set to select a Singaporean company for supplying equipment for exploration of gas wells in Brahmanbaria and Comilla districts, officials said. Under the move, the ministry of power, energy and mineral resources has sent a proposal to...
Babul Barman | 2017-04-04 00:00:00
Net foreign investment in stocks marked nearly 39 per cent rise month-on-month in March this year as overseas investors parked more funds in stocks, anticipating positive market scenario. Market insiders said the favourable macroeconomic indicators, including declining interest rate coupled...
Mohammad Mufazzal | 2017-04-04 00:00:00
The securities' regulator has asked the Investment Corporation of Bangladesh (ICB) to hand over the management of the country's largest ever mutual fund--ICB Unit Fund-- to its subsidiary company within six months. The regulatory order came in line with the...
Syed Jamaluddin | 2017-04-04 00:00:00
The prices of gram, sugar, wheat, edible oil, etc., are on the increase. Traders say prices are increasing because of lower imports. But, according to Chittagong Customs, essential commodities for Ramadan are now being unloaded from 21 big ships. These...
Abdul Bayes | 2017-04-04 00:00:00
Research shows that small farmers continue to have an edge over large farms in terms of productivity. In 2014, the former achieved 10 per cent higher productivity than the latter. From Amartya Sen in India to late Mahabub Hossain of...
Rushidan Islam Rahman | 2017-04-04 00:00:00
Economics is all about choices. The theory of social choice by Kenneth J Arrow has played a revolutionary role in economics. But even without going to the rigorous theoretical analysis it can be said that we make numerous decisions and...
Syful Islam | 2017-04-03 00:00:00
Dhaka moves fast to strike two dozen deals with Moscow to bolster the bilateral ties, officials said, in a latest development on the diplomatic front. The ministry of foreign affairs (MoFA) in a recent meeting asked the ministries and departments...
Rezaul Karim | 2017-04-03 00:00:00
The government has declined to issue a $100 million guarantee to Ansar-VDP Unnayan Bank for taking out foreign loan from a German company, officials said. The state-owned specialised bank has recently sought a loan guarantee from the finance ministry, but...
Doulot Akter Mala | 2017-04-03 00:00:00
The National Board of Revenue (NBR) has drafted a new expansion plan for its income-tax department to have 17 new tax zones to manage a growing number of taxpayers. Officials said the income-tax wing will have an investigation and intelligence...
Siddique Islam | 2017-04-03 00:00:00
The central bank has relaxed regulations in support of the ICT (information and communication technology) sector helping it achieve the target of US$5.0 billion software exports by 2021. Now, banks are allowed to remit from $25,000 to $30,000 on behalf...
Saleh Akram | 2017-04-03 00:00:00
The capital market of Bangladesh was until recently in the doldrums following two major crashes, first in 1996 and then in 2010. Both the crashes were characterised by fast escalating stock prices followed by abruptly plummeting index. This had disastrous...
Neil Ray | 2017-04-03 00:00:00
A world without flower is simply unimaginable. But why? Flowers are not foods that satisfy one's hunger. Yet if there were no flowers, this world would be far less an attractive place than it is now. True, the majority of...
Shamsul Huq Zahid | 2017-04-03 00:00:00
The state-owned banks that often hit the newspaper headlines, generally for wrong reasons, are victims of backlog of cases instituted with the Money Loan Courts (MLCs). A few statistics are enough to show the enormity of the problem being encountered...
Asjadul Kibria | 2017-04-03 00:00:00
Bangladesh can do no harm for India rather it deserves better treatment from the neighbour, especially in the areas of trade and economy. Dr Biswajit Dhar, a professor of New Delhi-based Jawaharlal Nehru University, expressed the view while talking to...
Munima Sultana | 2017-04-03 00:00:00
The metro rail project now finds it difficult to spend over 90 per cent of its budget allocated in the current fiscal year 2016-17 due to delay in signing contracts with companies on field-level construction and procurement work. Sources said...
Doulot Akter Mala | 2017-04-02 00:00:00
Businesses feel getting into a quandary as the government is poised to abolish the Duty Exemption and Drawback Office (DEDO) under a new law sans a better option. Officials said when the new VAT and supplementary duty act takes effect...
M. Aminul Islam Akanda | 2017-04-02 00:00:00
A two-tier cooperative system - primary one in villages and the federation at Thana level - was put into practice in the late 1950s in Comilla at the initiative of Dr Akhtar Hameed Khan. Some supply-side incentives like irrigation infrastructures...
Maswood Alam Khan | 2017-04-02 00:00:00
The two-year clock of Britain for leaving the European Union (EU) has started clicking. British Prime Minister Theresa May has pushed the button of Brexit on March 29 by triggering the Article 50 of the Treaty of Lisbon as she...
Michael O'Sullivan and David Skilling in Zurich | 2017-04-02 00:00:00
British Prime Minister Theresa May blinked more than once as she prepared to invoke Article 50 of the Treaty of Lisbon and initiate Britain's exit from the European Union (EU). According to May, Brexit will transform the United Kingdom (UK)...
Rezaul Karim | 2017-04-01 00:00:00
The Prime Minister's Office (PMO) has asked ministries and divisions concerned to draw up detailed work plans within next one month to construct high-rise buildings for public servants. The unused land of state entities at different places will be used...
Syful Islam | 2017-04-01 00:00:00
Bangladesh wants to use Myanmar's waterways for ensuring smooth communication between Teknaf and St. Martin's island as a number of shoals were formed through the route of the country's water territory, disrupting communications. Officials said Bangladesh Inland Water Transport Authority...
Mohammad Wazed Ali | 2017-04-01 00:00:00
Several factors including lack of state-of-the-art technology, shortage of skilled manpower and inadequate funds are holding back the growth of the country's light engineering sector, insiders have said. Besides, lack of required government policy support, separate industrial parks and necessary...
Talha Bin Habib | 2017-04-01 00:00:00
The government is examining a proposal of the Bangladesh Parjatan Corporation (BPC) for relaxing a provision of the public procurement rules to raise its financial authority for direct purchase of raw materials for its hotels, officials said. The BPC, in...
Babul Barman | 2017-04-01 00:00:00
Stocks witnessed mild correction last week that ended Thursday, breaking a three-week gaining streak, as risk-averse investors booked profit from quick gaining bank stocks. Market insiders said stocks posted meager correction as investors were mostly cautious while some sold shares...
Helal Uddin Ahmed | 2017-04-01 00:00:00
All under heaven will return to the Tao As brooks and streams flow home to the sea. Returning is the route of the Tao. Yielding is the way of the Tao. Ten thousand things are born of Being, and Being...
Abdul Hannan | 2017-04-01 00:00:00
Pakistan has repeatedly denied of genocide in the then East Pakistan. They may have read my story of blood curdling horror and atrocity perpetrated by the invading Pakistan army 45 years ago on April 3,1971, the most dreaded day in...
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