Shamsul Huq Zahid | 2016-10-26 00:00:00
It is no secret that the country's banking sector faces a disconcerting situation. Much of the blame for this untidy state of affairs, now prevailing in the sector, goes to the state-owned banks. The sector regulator, the Bangladesh Bank (BB)...
Siddique Islam | 2016-10-26 00:00:00
The central bank has appointed an observer to another non-banking financial institution (NBFI) to closely monitor its operations, officials said. A K M Amjad Hussain, general manager of Financial Integrity and Customer Services Department of Bangladesh Bank (BB), has been...
Talha Bin Habib | 2016-10-26 00:00:00
A high-powered government delegation will visit China later this month to strengthen bilateral cooperation for revitalising the country's jute sector, officials said. To be led by state minister for textiles and jute Mirza Azam, the 15-member Bangladesh delegation is expected...
Helal Uddin Ahmed in the first of a two-part article titled Revisiting the causes and costs of corruption | 2016-10-26 00:00:00
Corruption is a universal phenomenon which existed in one form or another since time immemorial. A review of penal codes used in ancient civilisations clearly indicates that bribery was a serious problem among the Jews, the Chinese, the Japanese, the...
M. Serajul Islam in the first of a two-part article from Maryland, USA | 2016-10-26 00:00:00
Francis Key Scott, a lawyer and an amateur poet, wrote the US national anthem The Star-Spangled Banner in 1814. In 1861, Oliver Wendell Holmes added the fifth and last stanza of the anthem in the indignation of the start of...
Muhammad Abdul Mazid | 2016-10-26 00:00:00
It is not unusual for a businessman or an individual, who is resident in one country, to make a taxable gain (earnings) in another country. This person may find that he is obliged by domestic laws to pay tax on...
Doulot Akter Mala | 2016-10-25 00:00:00
Revenue authorities may seek help of the Controller General of Accounts (CGA) to hold up salary of the taxable government employees who fail to submit tax returns by the November 30, 2016 deadline. The income-tax wing of the National Board...
Munima Sultana | 2016-10-25 00:00:00
China, which is building Bangladesh's biggest bridge and broad highways, is lately dominating the bidding process for construction of the country's first metro rail in the capital. Official sources said two Chinese, one Thai and two Indian companies submitted their...
Syful Islam | 2016-10-25 00:00:00
The dredging of Mongla-Ghasiakhali channel has been completed with adequate navigability for vessels up to 15-feet draft, officials said. The channel is expected to be opened formally by Prime Minister Sheikh Hasina through video conferencing Thursday. "It is now ready...
Siddique Islam | 2016-10-25 00:00:00
Bangladesh Bank (BB) has asked two state-owned specialised banks (SBs) for taking effective measures immediately to reduce the volume of classified loans and improve their respective financial health, officials said. Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB)...
Syed Mafiz Kamal | 2016-10-25 00:00:00
For all the reservations about its investment climate there is little doubt that Bangladesh could be a hot prospect for global investors due to its growth momentum, its favorable demographics and hard-working labour force, and its track record of export...
Sarwar Md. Saifullah Khaled | 2016-10-25 00:00:00
The member countries of BRICS- Brazil, Russia, India, China and South Africa - representing nearly half of the world's population were looking for ways to boost trade among their developing economies at a summit on October 15-16, 2016 in the...
Josef Braml | 2016-10-25 00:00:00
US democracy is now facing fundamental challenges: growing inequality and stagnant social mobility. Instead of combating these challenges, the government has adopted clientele policy in the interest of election campaigners, putting its people in a powerless position. The US political...
Abdul Bayes | 2016-10-25 00:00:00
In the realm of research on nutrition-agriculture linkages, we tend to forget, more often than not, that national policies are more important than household-level attempts at raising income or diversifying cropping patterns or composition of crop outputs. In many countries...
Sayed Kamaluddin | 2016-10-25 00:00:00
Nepal's new Prime Minister Pushpa Kamal Dahal alias Prachanda (the Fierce One) on return from his first official trip to New Delhi said that he would try to make his country a bridge between China and South Asia, including India....
Imtiaz A. Hussain concluding a five-part series titled Instincts and international relations | 2016-10-25 00:00:00
With upward-mobility as an instinct, Bangladesh is poised to climb relatively higher than with any other instinct if, and only if, it seizes the opportunity. That opportunity has been paved by the convergence of one of the dominant instincts of...
Siddique Islam | 2016-10-24 00:00:00
Bangladesh has overtaken China as world's top cotton importer with a significantly expanding global market share to feed stronger demand from apparel makers. Such transition in the arena of import of raw materials for the garment industry is adjudged by...
Doulot Akter Mala | 2016-10-24 00:00:00
Customs intelligence suspects duty dodging through smuggling and overstuffing of luggage by passengers of the Maitree express train owing to inadequate logistics and customs-security measures. It has proposed that the revenue board strengthen security measures in luggage transportation on the...
Rezaul Karim | 2016-10-24 00:00:00
Government authorities have sought low-interest loans for project financing in private economic zones from the World Bank's Investment Promotion and Financing Facility (IPFF) window to nudge the EZs into takeoff. Officials said the Bangladesh Economic Zones Authority (BEZA) under the...
Talha Bin Habib | 2016-10-24 00:00:00
A high-powered meeting between Bangladesh and Sri Lanka will be held in Dhaka Tuesday to discuss finalisation of a maritime connectivity agreement, aimed at boosting bilateral trade and commerce between the two countries, officials said. To participate in the first-ever...
Mohammad Wazed Ali | 2016-10-24 00:00:00
Domestic production of paper has increased substantially in the last few years due to setting up of new factories, sector insiders have said, which has helped mitigate the country's import dependence. At present, according to their estimate, around 60 per...
Saleh Akram | 2016-10-24 00:00:00
As Europe is smarting from recession, the world economy is stuck in a low-growth trap. This is apparent from the kind of growth recorded by the developed economies over the last decade and a half. The central fact about this...
Md. Saifullah Azad on the occasion of Financial Inclusion Week 2016 which concluded on October 23 | 2016-10-24 00:00:00
In recent years, a growing number of authorities both at national and international levels have made financial inclusion a policy priority. The international financial sector standard-setting bodies are increasingly engaged as well, moving to incorporate financial inclusion explicitly in their...
Neil Ray | 2016-10-24 00:00:00
Any mention of farmers gives the impression of an all-male community engaged in cultivation. The seed of discrimination against women farmers lies here. Women farmers are discriminated against no matter if they contribute to farming either in developed or developing...
Shamsul Huq Zahid | 2016-10-24 00:00:00
The prices of at least four major essential items---rice, edible oil, sugar and salt---have recorded substantial rise in recent weeks. None barring the consumers seems concerned. However, there is no way of knowing the level of concern among individual consumers....
Munima Sultana | 2016-10-23 00:00:00
City traffic is likely to take a fresh knock as the authorities are set to start on November 01 the shifting of utilities from the metro-rail route for building the communications corridor. Specially, commuters from Mirpur area may suffer much...
Sadiq Ahmed and Shamsul Alam | 2016-10-23 00:00:00
Inspired by the exemplary development performance under the Sixth Five Year Plan (FY2010-FY2015), whereby Bangladesh sharply reduced modest and extreme poverty, improved human development and increased gross domestic product (GDP) growth rate to an average of 6.0% plus per year...
Doulot Akter Mala | 2016-10-23 00:00:00
The World Bank will take a final look at the potential impact of the Value Added Tax and Supplementary Duty (SD) Act 2012 on the economy, especially on general prices and income distribution, before its enforcement. Officials said a WB...
Mohammad Mufazzal | 2016-10-23 00:00:00
The listed companies, which so far made corporate declarations, have showed mixed performance during July-September, 2016 compared to same period of the previous year. According to un-audited financial statements, the companies which featured positive growths during July-September are: Marico Bangladesh,...
Ismail Hossain | 2016-10-23 00:00:00
The microcredit regulator has worked out a proposal increasing its manpower to 230 from the current 87 to help police the microfinance sector efficiently. The Microcredit Regulatory Authority (MRA) sent the proposal to the banking and finance division of the...
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