Asjadul Kibria | 2017-01-04 00:00:00
The Bangladesh passport is one of the least powerful ones in the world as its holders could travel only 37 countries without visa or visa on arrival. The list of the Global Passport Power Rank, prepared by Arton Capital, a...
Siddique Islam | 2017-01-04 00:00:00
The central bank of Bangladesh moves to import cash US dollar through a commercial bank to feed a growing demand for the greenback on the market. Officials said the disclosure was made at a meeting of bankers, held in the...
Selim Raihan and Wahid Ferdous Ibon | 2017-01-04 00:00:00
Sustainable Development Goals (SDGs) are the set of seventeen Global Goals, initiated by the United Nations as the 2030 global agenda for sustainable development. Whilst the SDGs have come as the successor to the Millennium Development Goals (MDGs), the successful...
Nironjan Roy from Toronto, Canada in the first of two-part article on interest rate | 2017-01-04 00:00:00
The financial turmoil of 2008 has introduced some new economic concepts and terminologies and among them, near zero per cent, zero per cent and negative interest rates are very popular concepts. Many countries in the developed world viz. Switzerland, Sweden...
Doulot Akter Mala | 2017-01-03 00:00:00
City's fairly large business establishments that are paying package VAT will be identified and asked to pay VAT (value added tax) at regular rates. Officials said the National Board of Revenue (NBR) recently started a move to collect names of...
Siddique Islam | 2017-01-03 00:00:00
Banking sector created some concerns, mainly for enervating spike in classified loans, in the first quarter (Q1) of this fiscal although country's overall economic activity gathered momentum. The central bank released the measure of macroeconomic conditions in its latest Bangladesh...
Md Shamsul Arefin | 2017-01-03 00:00:00
Corruption is not a new phenomenon. Two thousand years ago, Kautilya, the legendary philosopher and Prime Minister of the ancient Indian kingdom had written about corruption in his book Arthashastra. Seven centuries ago, poet Dante placed bribers in the deepest...
Bernard Haykel in Princeton | 2017-01-03 00:00:00
In 2017, Saudi Arabia will continue to pursue the two key goals that King Salman set when he acceded to the throne in January 2015: to reduce the economy's dependence on oil revenues and government spending; and to position the...
Abdul Bayes | 2017-01-03 00:00:00
Income is considered to be one of the most important determinants of livelihoods in a society. But it must also be admitted that ignoring distributional issues, the goal of increasing per-capita income alone does not ensure welfare for all. It...
Samya Kullab of Al Jazeera | 2017-01-03 00:00:00
The last time Gholam saw his wife and two children was in the brief moment before a high wave split their boat in half and catapulted the dozens of people on board towards the sea. In the chaos of October...
People's Daily of China | 2017-01-03 00:00:00
China and Sao Tome and Principe signed a Joint Communiqué on Resumption of Diplomatic Relations last month after the latter declared to cut ties with Taiwan six days ago. The two governments have decided to resume diplomatic relations at the...
Siddique Islam | 2017-01-02 00:00:00
The annual remittance inflow dropped by 11.15 per cent or US$1.71 billion in 2016 despite a significant rise in overseas jobs of Bangladesh nationals. Bangladeshi expatriate workers sent home $13.61 billion by official count in the just-concluded calendar year 2016...
Doulot Akter Mala | 2017-01-02 00:00:00
Corporate tax payments by most large companies went up significantly in the first four months of the current fiscal, with four private commercial banks and three mobile companies topping the list. Official sources said the seven companies paid the highest...
Md. Joynal Abdin | 2017-01-02 00:00:00
Small and medium enterprises (SMEs) are considered engine of growth throughout the world. Between 97 to 99 per cent of the enterprises in Asian developing countries are SMEs. This scale could be slightly different for different Asian countries. On the...
Neil Ray | 2017-01-02 00:00:00
This is perhaps for the first time the examinees of village schools have fared better than their counterparts in cities in any public examinations. Not a single examinee appearing from 17 upazilas failed in the Primary School Certificate (PSC) exam....
Shamsul Huq Zahid | 2017-01-02 00:00:00
Most consumers, both residential and commercial, in Dhaka city got a shock on receiving their water bill for the month of November last. It was inflated by 17 per cent. The Dhaka Water and Sewerage Authority (DWASA) had increased the...
Kaushik Basu, François Bourguignon, Justin Yifu Lin, and Joseph E. Stiglitz in Beijing/Paris/New York | 2017-01-01 00:00:00
The United Kingdom's vote to leave the European Union (EU) and the United States' election of Donald Trump as its next president have laid bare developed-country citizens' dissatisfaction with globalization. Rightly or wrongly, they blame globalization - or, at least,...
Siddique Islam | 2017-01-01 00:00:00
Unaudited operating profits of the country's private commercial banks (PCBs) registered a slow growth in the just-concluded year 2016, due mainly to the swelling of classified loans, bankers said. Most of the banks, excepting a few, maintained their operating-profits growth...
Klaus Schwab | 2017-01-01 00:00:00
As the past year has demonstrated, leaders must be responsive to the demands of the people who have entrusted them to lead, while also providing a vision and a way forward, so that people can imagine a better future. True...
Wu Qimin, Wu Lejun and Zhao Cheng | 2017-01-01 00:00:00
Despite of a turbulent international environment, China, by comprehensively advancing a major-country diplomacy with Chinese characteristics, has become a stabilizer of world peace, said Chinese Foreign Minister Wang Yi when summing up the nation's diplomatic work in 2016. Under the...
Christine Lagarde in Washington, DC | 2017-01-01 00:00:00
In 2016, the world's attention was focused on major political developments in the European Union (EU), the United States, and other countries, where voters have expressed deeply held concerns about trade, migration, and structural labour-market changes. But, from an economic...
Rezaul Karim | 2016-12-31 00:00:00
The state-owned Petrobangla has declined to receive a loan of Tk 10 billion (1,000 crore) the government sanctioned for settling a part of its outstanding dues with the revenue authority. Instead, the Bangladesh Minerals, Oil and Gas Corporation (BMOGC), also...
Mozharul Islam Babla | 2016-12-31 00:00:00
Dhaka Community Medical College & Hospital has become a common household name among a large number of patients in Dhaka city due to its quality services provided at a very affordable cost. Medical treatment is simply a business now as...
Pamelia Khaled | 2016-12-31 00:00:00
Story matters! Why story matters? Because, it offers imagination, ideas and a deep insight, and assists a child to be creative. Gandhi believed: "a proper and all-round development of the mind...can take place, only when it proceeds with the education...
Nilratan Halder | 2016-12-31 00:00:00
So, it is time to say good-bye to the year 2016 and welcome the year 2017. Time is fleeting but the concept of mahakal as propounded by oriental saints carries far deeper meaning than aeon. It is not what eternity...
Sultan Mohammed Zakaria | 2016-12-31 00:00:00
Reacting to a social media post on October 31, 2016, miscreants with alleged political connection attacked Hindu temples and homes in Nasirnagar, Brahmanbaria, setting at least a hundred homes and five temples on fire. About a month later, on November...
Shariful Islam Bhuiyan | 2016-12-31 00:00:00
Digitalisation is not merely online banking, internet banking, mobile banking or paperless banking. Digital banking is the application of new technology to transform existing business model to a new business model which will itself produce new customer base, unveil new...
Talha Bin Habib | 2016-12-30 00:00:00
Dhaka International Trade Fair (DITF) 2017 will kick off on Sunday (January 01) with at least 20 countries taking part in the annual event. A total of 22 countries participated in DITF 2016. After visiting the fair venue on Thursday,...
Munima Sultana | 2016-12-30 00:00:00
A feasibility study has suggested installation of Dhaka-Ashulia elevated expressway from the international airport to Savar EPZ to reduce both its length and cost. The study, submitted to the Bangladesh Bridge Authority (BBA), however, recommended construction of the existing road...
Kemal Dervis in Washington, DC | 2016-12-30 00:00:00
The inauguration of Donald Trump as US president on January 20 could bring more short-term thinking to economic policymaking in the United States and around the world. If it does, we can expect to see increased tension between official measures...
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