John Lloyd | 2016-01-08 00:00:00
There's a handy list Foreign Policy compiled of a few of the more egregious cases of corruption committed last year. Reading over this list, what doesn't cease to amaze is the scale at which many of the corrupt work: They...
FE Online Report | 2016-01-07 00:00:00
Speakers at a discussion meeting on Thursday said ‘institutional complexity’ is one of the major impediments to the growth of the country’s small and medium enterprises (SMEs), even though it plays a significant role in socio-economic development. Currently, entrepreneurs have...
FE Online Report | 2016-01-07 00:00:00
The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened mixed trend in early hour of trading Thursday amid day-long countrywide hartal enforced by Bangladesh Jamaat-e-Islami. DSEX, the prime index of the DSE, went up by 0.11point to 4,679.91,...
Doulot Akter Mala | 2016-01-07 00:00:00
The National Board of Revenue (NBR) has asked the banks and the Central Depository Bangladesh Limited (CDBL) to submit information on bank accounts and beneficiary owners (BO) accounts of Dr Debapriya Bhattacharya and his wife. The Central Intelligence Cell (CIC)...
Siddique Islam | 2016-01-07 00:00:00
Overall interest-rate spread in the country's banking sector increased a bit as the interests on deposits were lowered more than that on lending, bankers said. The weighted average spread between lending and deposit rates offered by the commercial banks rose...
Rezaul Karim | 2016-01-07 00:00:00
The Economic Relations Division (ERD) has asked the ministries concerned, having demand for foreign assistance less than 20 per cent of their respective Revised Annual Development Programme (RADP), to inform it about the reasons for lower funding requirements, officials said....
Abda Ali Rinthuna | 2016-01-07 00:00:00
Workshop on the Art and Practice of Leadership (APL) is a national programme of Bangladesh Youth Leadership Centre, BYLC. This unique programme is meant to boost all the enthusiasm that runs within the youth to change the world to a...
Md. Badrul Islam | 2016-01-07 00:00:00
It is well-known that Bangladesh is situated in a disaster-prone area. It is located in the southern hemisphere and is called a riverine country since there are around 230 rivers in a small land of 147,570 square kilometres. Historically Bangladesh...
M. Serajul Islam from Maryland, USA | 2016-01-07 00:00:00
Nearly two weeks have passed since Narendra Modi's dramatic visit to Lahore for meeting Nawaz Sharif. So far, one outcome of the visit has been the decision that the Foreign Secretaries of the two countries would meet in Islamabad on...
Shamsul Huq Zahid | 2016-01-06 00:00:00
Controversies, apparently, can hardly remain away from the Bangladesh Premier League (BPL) T-20 tournament, the world's second most watched T20 cricket league. During the maiden tournament of the BPL, which was launched by the Bangladesh Cricket Board (BCB), in 2012,...
Doulot Akter Mala | 2016-01-06 00:00:00
The National Board of Revenue (NBR) instructed taxmen Tuesday to deposit the income-tax receipts with the public exchequer within 24 hours of collection of the same from the taxpayers. In the strict directive the tax authority, however, kept an option...
Siddique Islam | 2016-01-06 00:00:00
The central bank asked the commercial banks to investment hugely in productive sectors, particularly micro, small and medium enterprises (MSME), for achieving maximum economic growth by this yearend. Such instruction regarding banks' role in boosting the economy for the new...
Siddique Islam | 2016-01-06 00:00:00
The central bank asked the commercial banks to investment hugely in productive sectors, particularly micro, small and medium enterprises (MSME), for achieving maximum economic growth by this yearend. Such instruction regarding banks' role in boosting the economy for the new...
Federico Fubini in Milan | 2016-01-06 00:00:00
Imagine that you fell asleep in 2006 and woke up today. The world economy would be barely recognizable. While you were dreaming of real-estate riches, the United States and Europe were hit by the most crippling financial crisis in almost...
Munima Sultana | 2016-01-06 00:00:00
Cost of the project for establishing a bus-based mass transit system from Gazipur to Hazrat Shahjalal International Airport (HSIA) has almost been doubled on ground of substantial changes in its design. According to sources, total cost of the Tk 13.13...
Abdul Bayes | 2016-01-06 00:00:00
Dr Mahabub Hossain, an eminent social scientist and economist, passed away at 67. On January 03, 2016, he left us all for eternity during a heart surgery at Cleaveland, the USA (Innalillahi……..Rajiun). Joachim von Braun, former Director General of the...
Abdul Bayes | 2016-01-05 00:00:00
Dr Mahabub Hossain, an eminent social scientist and economist, passed away at 67. On January 03, 2016, he left us all for eternity during a heart surgery at Cleaveland, the USA (Innalillahi……..Rajiun). Joachim von Braun, former Director General of the...
FE Online Report | 2016-01-05 00:00:00
Rang, country’s one of the top fashion houses, finally got split into two entities as two partners of the house parted their ways. Fashion designer Biplab Saha and his partner Soumik Das, two partners of the house, reached an agreement...
FE Online Report | 2016-01-05 00:00:00
The government has moved to utilise coal bed methane (CBM) to be extracted from the country’s deepest coalmine at Jamalganj in Bogra to meet the country’s mounting energy demand. State Minister for Power, Energy and Mineral Resources (PEMR) Nasrul Hamid...
Siddique Islam | 2016-01-05 00:00:00
The import of capital machinery sustained a hefty growth in the first five months of the current fiscal year (FY), 2015-16, amid a marginal growth in the country's overall imports, officials said. The actual import in terms of settlement of...
Doulot Akter Mala | 2016-01-05 00:00:00
The National Board of Revenue (NBR) after failing to get any response from the Bangladesh Cricket Control Board (BCB) has formed a 15-member committee to do the necessary spadework and collect income tax against the payments made to foreign players...
Syful Islam | 2016-01-05 00:00:00
The present Libyan government has spurned Sonali Bank proposal to buy back 1.78 million dinars stuck in the bank's vault since 2011 amid Tripoli troubles, officials said. They said the state-owned bank had bought the currency from Bangladesh expatriates who...
F R Chowdhury from London | 2016-01-05 00:00:00
Power makes people corrupt. They get addicted to power and cannot think of living without power. This is where it all goes wrong. So long as the leader remains honest and serves the people with sincerity, s/he has nothing to...
F R Chowdhury from London | 2016-01-04 00:00:00
Power makes people corrupt. They get addicted to power and cannot think of living without power. This is where it all goes wrong. So long as the leader remains honest and serves the people with sincerity, s/he has nothing to...
Siddique Islam | 2016-01-04 00:00:00
The government after its initial reluctance has provided the scam-hit BASIC Bank Limited with Tk 12 billion more for meeting its capital shortfall, officials said. "We've replenished the capital base of the state-owned commercial bank (SoCB) to restore its reputation...
Doulot Akter Mala | 2016-01-04 00:00:00
A government move is underway to bring changes in the income-tax provision to make any aggrieved taxpayer pay the assessed income tax first before moving court over any dispute, officials said. The revenue authority has taken the initiative against the...
Ismail Hossain | 2016-01-04 00:00:00
The microcredit regulator has abolished disaster management fund (DMF) to utilise the reserved liquidity for expanding microfinance activities needed to reduce poverty. Microcredit Regulatory Authority (MRA) sent letters to the microfinance institutions (MFIs) on Wednesday to phase out the fund...
Neil Ray | 2016-01-04 00:00:00
The world has changed since the terror attack on Paris on November 13 last. Its lingering shadow has disrupted celebration of the New Year in cities across Europe. In Munich the yearly celebration was cancelled only hours before on receiving...
Shamsul Huq Zahid | 2016-01-04 00:00:00
'Where there is a will, there is a way' is an opt-repeated adage. But, in Bangladesh conditions---both in political and social contexts---most people have lost faith in the saying. They argue that vested interests are so strong in all the...
writes Ahmed Munirus Saleheen concluding his two-part article on the implications of tax bargain | 2016-01-04 00:00:00
Paradoxes and challenges ingrained in taxation prompted the classical economist Adam Smith to devise his famous canons of taxation in The Wealth of Nations. He said, "The subjects of every state ought to contribute towards the support of the government,...
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