Peter D. Sutherland in London | 2016-04-06 00:00:00
This year is likely to be the most momentous for refugee protection and migration since the signing of the Geneva Convention in 1951. Depending on the choices we make, we will either help create more open societies, based on greater...
Nironjan Roy in the first instalment of a two-part article | 2016-04-06 00:00:00
In the early 90s, when this writer was working in a private commercial bank, his core job responsibility was to look after export-oriented garments. One of our valued clients had a back- to-back import LC against corresponding export LC for...
Mohammad Mufazzal | 2016-04-05 00:00:00
Gearing up investment activities of institutional investors on a higher scale can help revive the country's moribund capital market. This will create a momentum in stock trade necessary for restoring shaken confidence of the investors in the market. Experts and...
Siddique Islam | 2016-04-05 00:00:00
A high-profile SWIFT team is now checking the follow-up actions recommended by its experts for repairing Bangladesh Bank's international transaction system wrecked by hackers. Meanwhile, as the Philippine government authorities carried on the hunt for the siphoned BB reserves, casino...
Rezaul Karim | 2016-04-05 00:00:00
Bangladesh Tariff commission (BTC) has alerted the government to take necessary steps for checking any possible price hike in sugar during the forthcoming Ramadan The price of the essential commodity has increased on the international market, officials said. It also...
Jamaluddin Ahmed in the last of his five-part write-up on Political Economy of Uniform Value Added Tax and Tariff System | 2016-04-05 00:00:00
In theory, the distributional burden of the VAT depends crucially on how household resources are measured. Typical distributional analyses are made with respect to current income. The VAT is regressive if households are classified by, and the tax burden is...
Muhammad Abdul Mazid | 2016-04-05 00:00:00
The defining characteristic of global economic growth of the past six decades has been the closer integration of markets across regions. This is observed most distinctly in the growth of world trade, foreign direct investment (FDI) and migration. World trade...
Abdul Bayes | 2016-04-05 00:00:00
There is considerable interest as well as difference of opinion about the effects of strikes on economic activities. The popular view is that hartals and blockades have a significant effect on the economy - the loss amounting about 3-4 per...
Siddique Islam | 2016-04-04 00:00:00
Government authorities in a meeting of regulators ordered Sunday imposing bar on the cooperative societies using the tag 'Bank' in their operations, as there have been stunning instances of deception. Two financial regulators were assigned to the task of executing...
Munima Sultana | 2016-04-04 00:00:00
A move is underway to formulate a policy and plan for constructing two subways in the city by using metro rail corridors aiming to ease traffic congestion. As per the directives from the Prime Minister, the Bangladesh Bridge Authority (BBA)...
Doulot Akter Mala | 2016-04-04 00:00:00
A Singapore-based firm has shown interest in investing a substantial amount of money to build a world-class tourism zone at Sabrang under public-private partnership (PPP) paradigm. Sabrang is located near Teknaf. The company named Inter-Asia Group PTE Ltd recently submitted...
Ismail Hossain | 2016-04-04 00:00:00
Loan disbursement by the state-run mortgage lender has fallen sharply in the last four years due to fund shortage. The housing finance corporation's loan disbursement dropped from Tk 4.37 billion in the fiscal year 2012-13 to Tk3.88 billion in 2013-14...
Jamaluddin Ahmed in the fourth of a five-part write-up on Political Economy of Uniform Value Added Tax and Tariff System | 2016-04-04 00:00:00
William G. Gale and Benjamin H. Harris (2010) of Brookings Institution and Tax Policy Centre in their paper noted that U.S. faces a large medium-term federal budget deficit and an unsustainable long-term fiscal gap. Left unattended, these shortfalls will hobble...
Neil Ray | 2016-04-04 00:00:00
The world is growing fatter. No, concerned here is not the size of the planet but its inhabitants. Of the adult people the world over, one in eight is obese. An extensive study carried out by the Imperial College of...
Shamsul Huq Zahid | 2016-04-04 00:00:00
In the first eight months of the current financial year (FY), only 34 per cent of the government's development budget could be implemented. The rate of 'implementation', according to a report published in the Financial Express last Sunday, was the...
Siddique Islam | 2016-04-03 00:00:00
Two officials of the Bangladesh Bank (BB) left home for Manila Saturday night to help the Bangladesh ambassador to the Philippines in recovering the $81 million stolen from its New York Reserve Bank account through a cyber heist. On the...
M A Taslim | 2016-04-03 00:00:00
If and when Mr. A M A Muhith presents the next budget, he would be doing so for the eighth consecutive year, an unmatched record in the history of this country, and will most likely remain unmatched for many years....
Talha Bin Habib | 2016-04-03 00:00:00
Tanners and employees of different leather units at Hazaribagh in the capital expressed Saturday worries over restrictions imposed on entry of rawhide into the area. They fear that the leather sector will incur huge financial losses if restrictions imposed by...
Munima Sultana | 2016-04-03 00:00:00
The installation of a democratically elected civilian government in neighbouring Myanmar has raised expectation in the Bangladesh foreign office about improving relations further with that country. Officials said the Ministry of Foreign Affairs (MoFA) has already initiated moves to improve...
Rezaul Karim | 2016-04-03 00:00:00
Merchant bankers have made a number of proposals to the government including allowing legalising undisclosed/untaxed money through investment in the capital market in the upcoming budget, officials said. Bangladesh Merchant Bankers Association (BMBA) has recently submitted the proposals to the...
Mohammad Wazed Ali | 2016-04-03 00:00:00
Local logistics sector, particularly transport service, is continuing to grow significantly, keeping pace with the rapid expansion of trade and economic activities in the country, insiders have said. According to them, this sector has been playing a crucial role in...
Jamaluddin Ahmed | 2016-04-03 00:00:00
Arvind Virmani (2002), working on attaining a uniform national VAT rate for India, noted that an ideal indirect structure for the country would consist of two sets of indirect taxes (a constitutional amendment would be needed for this purpose): A...
Anatole Kaletsky in London | 2016-04-03 00:00:00
All over the world today, there is a sense of the end of an era, a deep foreboding about the disintegration of previously stable societies. In the immortal lines of W.B. Yeats's great poem, "The Second Coming": "Things fall apart;...
Kazi Sallahuddin | 2016-04-03 00:00:00
Today is the 37th death anniversary of one of the most distinguished sons of the country. He is remembered and revered as one of the most distinguished personalities in our history. He is none other than Syed Mahbub Murshed, the...
Munima Sultana | 2016-04-02 00:00:00
A much-rehearsed road traffic through Bangladesh, Bhutan, India and Nepal under a motor vehicle agreement (MVA) looks long way off as a latest meeting of the four nations failed to finalise the operational protocol. Officials said the Dhaka meet of...
Talha Bin Habib | 2016-04-02 00:00:00
The government is set to ratify Trade Facilitation Agreement (TFA) of the World Trade Organisation (WTO) through legislative procedures to help ensure trade benefits for WTO members, officials said. "We have decided in principle to ratify the agreement. We are...
Babul Barman | 2016-04-02 00:00:00
Stocks slipped into the red for the third week in a row that ended Thursday as investors were on massive sell-offs in the first two sessions of the week amid low confidence on the market. Market insiders said hefty sell-off...
Pamelia Khaled and Kevin S Boiragi | 2016-04-02 00:00:00
Sohagi Jahan Tonu was a college student who was murdered in Comilla recently. Her nick name is Shohagi (adorable). A teen who was returning home after coaching her students in an evening was not only raped but also brutally murdered...
Nilratan Halder | 2016-04-02 00:00:00
No denying that sports and games do great branding for a country. When Mabia Akter Simanta, a weightlifter from Bangladesh won the first gold for her country at the 2016th South Asian games and stood on the victory stand, tears...
Jamaluddin Ahmed | 2016-04-02 00:00:00
The academic case against a uniform tariff seems impeccable. How can then uniform tariffs be justified? There are three answers. First, policy economists generally think in terms of the protection objective. Even in situations where they are aware that the...
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