Ohidul Alam | 2016-01-20 00:00:00
Densely populated, Bangladesh's industrial and urban expansion is taking place rapidly but haphazardly. The ultimate result of this is the demand for large volume of energy every day. Unfortunately, it is not easy for the government to meet the ever...
Muhammad Zakiul Islam | 2016-01-20 00:00:00
According to Merriam-Webster dictionary, hope is defined as a state of mind wherein "to want something to happen or be true and think that it could happen or be true". Hope is real when it materialises, as Emily Dickinson has...
Hasnat Abdul Hye | 2016-01-20 00:00:00
There is no end of crystal-gazing about the shape of the world economic landscape in the year 2016. The intensity and persistence of curiosity on the subject is not a little due to the turmoil and twists and turns that...
Munima Sultana | 2016-01-19 00:00:00
A fresh initiative has been taken by South Asian Association for Regional Cooperation (SAARC) countries to sign Motor Vehicles Agreement (MVA) on February 16, official sources said. They said the SAARC secretariat has sought opinions from member countries to hold...
Syful Islam | 2016-01-19 00:00:00
The government is considering abolition of toll collection at Buriganga Bridge-1 in the wake of demands from various quarters, officials said. The Ministry of Finance (MoF) is examining the matter following requests of the Ministry of Road Transport and Bridges...
M A Taslim | 2016-01-19 00:00:00
It is perplexing why the perception of the business community regarding the quantum of investment is different from the information provided by the government. Leading figures of the business community in industry, trade and finance seem to agree that business...
Doulot Akter Mala | 2016-01-19 00:00:00
Government's tax authority has asked Airtel to clear its outstanding dues in Value Added Tax (VAT) worth Tk 4.44 billion to get the go for its planned merger with another mobile-phone multinational, Robi. Officials said Robi and Airtel will have...
Siddique Islam | 2016-01-19 00:00:00
The central bank advised Monday the four state-owned commercial banks (SoCBs) to focus more on SME (small and medium enterprise) lending than lavishing out large loans to cut risks, officials said. Banks owned by the state are mostly bearing heavy...
Rezaul Karim | 2016-01-19 00:00:00
Microcredit regulator has restricted use of fund for running liaison offices of the microfinance institutions (MFIs), officials said. In an official circular issued last week, the Microcredit Regulatory Authority (MRA) has also asked chief executive officers (CEOs) of the MFIs...
writes Zeenat Khan from Maryland, USA | 2016-01-19 00:00:00
Since becoming an economic superpower, China's space programme is showing an explosive growth. In the last decade, China's aspiration to expand its space programme, has taken it from a not very known entity to an up-and-comer in space exploration. China...
Abdul Bayes | 2016-01-19 00:00:00
Income-poverty level has declined over time as established by quantitative as well as qualitative indicators. But, the very process of assessment has come under serious scrutiny in recent times. The allegation is that the study of income-poverty does not tell...
writes Imtiaz A. Hussain in the first of a three-part series on the Fourth Industrial Revolution | 2016-01-19 00:00:00
The World Economic Forum kicks off its Davos summit this week (January 20-23) under the "Fourth Industrial Revolution" theme. Three prior industrial revolutions were based on steam/water/ mechanical production in the first from the 1780s; electricity and mass production from...
Asjadul Kibria | 2016-01-19 00:00:00
Bangladesh's bilateral trade with India is mostly operated through land ports adjoining the borders of five Indian states - West Bengal, Meghalaya, Assam, Tripura and Mizoram. Conditions of most of the land ports and customs stations are, however, poor due...
Doulot Akter Mala | 2016-01-18 00:00:00
The National Board of Revenue (NBR) backtracked on its move to tax biometric SIM (subscriber identity module) registration as the telecom ministry sees it as double taxing of mobile-phone users. The board took the decision not to impose Tk 100...
Asjadul Kibria | 2016-01-18 00:00:00
Lifting of the long-imposed global economic sanction on Iran has created an opportunity for Bangladesh to explore a vibrant market and source crude oil at cheaper prices from the country. Bangladesh's export to Iran gradually declined during the last five...
Shang-Jin Wei in Manila | 2016-01-18 00:00:00
China's economic slowdown in 2015 will have important consequences for countries in the region and beyond. For most countries, the sub-7.0 per cent gross domestic product (GDP) growth expected this year - and in the coming years - would be...
Munima Sultana | 2016-01-18 00:00:00
Bangladesh Bridge Authority (BBA) is yet to start counting 25-year concessional period of Dhaka Elevated Expressway (DEE) as a public-private partnership (PPP) undertaking although construction work began in August. Due to the delay, official sources said, the government is losing...
Rezaul Karim | 2016-01-18 00:00:00
The government has decided to ratify a United Nations (UN) agreement on dry-ports with a view to developing the country's dry-ports, officials said. In 2014 Bangladesh signed the Intergovernmental Agreement on Dry Ports of the UN Economic and Social Commission...
Neil Ray | 2016-01-18 00:00:00
They have earned for themselves the infamous epithet 'rogue'. Even the more illustrious members of the law enforcement agency like to dismiss their deplorable activities off-handed. Aberration of duty is definitely not a monopoly for cops in this country. But...
Shamsul Huq Zahid | 2016-01-18 00:00:00
'Macher raja ilish ar desher raja police' (Hilsha is the king of all fish and the police are of the country), chairman of the National Human Rights Commission Dr. Mizanur Rahman said last Saturday quoting a police official who allegedly...
Robert L. Borosage | 2016-01-18 00:00:00
Is Barack Obama a transformational president? That was his ambition: to be more, as he put it, like Ronald Reagan than Bill Clinton, to launch a new era, not simply tack to the prevailing winds of the old. Not surprisingly,...
Sarwar Md. Saifullah Khaled | 2016-01-18 00:00:00
To achieve World Bank's projected growth of 6.7 per cent in the current fiscal 2015-2016 Bangladesh faces the major challenge of accelerating investment, especially in the private sector. Political stability remains another challenge for maintaining macro-economic stability that is vital...
Doulot Akter Mala | 2016-01-17 00:00:00
Government's corporate tax collection took a tumble in the first half (H1) of the current fiscal year (FY) as the telecommunications sector threw a damper on high expectations. Officials said the large taxpayers unit (LTU) under the income tax wing...
Munima Sultana | 2016-01-17 00:00:00
The government is considering formation of a panel of experts for the metro rail project to take its advice in decision-making on different technical and crucial aspects of the project from the context of Bangladesh. Sources said necessity for the...
Talha Bin Habib | 2016-01-17 00:00:00
The cut in edible oil prices by Tk 5.0 per litre took effect on Saturday but many customers expressed their disappointment that they had to purchase loose soyabean oil at the previous rates. Most of the retailers in the city...
Mingkang Liu and Wenzhi Lu in Beijing | 2016-01-17 00:00:00
Since its introduction by Chinese President Xi Jinping in 2013, the "one belt, one road" initiative - an ambitious plan to revitalize the ancient Silk Road overland and maritime trade routes linking East and West - has attracted considerable attention....
write Mamun Joy and Saiful Munna | 2016-01-17 00:00:00
Risk, a buzzword in banking, is perceived as a potential event that has adverse effects on capital and thus impacts negatively on financial performance of a bank. Since banks are engaged with very risky arbitrage as they sell highly secured...
write Abdul Bayes, Mahabub Hossain and ANM Mahfuzur Rahman | 2016-01-17 00:00:00
Binayak Sen, an eminent economist and a Research Director of the Bangladesh Institute of Development Studies (BIDS), recently completed a research work on 'Middle Class' (henceforth MC) in Bangladesh, especially relating to growth trends, drivers and policy implications. He deserves...
Munima Sultana | 2016-01-16 00:00:00
The Bangladesh Bridge Authority (BBA) has decided to return 32 per cent of the fund earmarked for the Padma Bridge project in the current fiscal year as it will not be able to complete the targeted work during the period....
Babul Barman | 2016-01-16 00:00:00
Stocks posted marginal gain for the two consecutive weeks of 2016 with higher participation as investors remained active on both sides of the trading fence. Market insiders said expectation of better economic outlook amid eased political situation and rebounded export...
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