Siddique Islam | 2016-07-20 00:00:00
The central bank warned the commercial banks against any negligence in compliance with the anti-money laundering and anti-terror financing rules, in the wake of restive situation. Sources said the warning was issued at a meeting of the chief executive officers...
Doulot Akter Mala | 2016-07-20 00:00:00
Existing businesses may be required to obtain fresh business identification number (BIN) as per provisions of the new VAT and supplementary duty act, to get attuned to digital taxing process. The National Board of Revenue (NBR) will start issuing new...
Munima Sultana | 2016-07-20 00:00:00
The Planning Commission (PC) has decided in principle to approve the Jamuna Railway Bridge construction project, reducing its cost by about Tk 3.0 billion. Sources said the Project Evaluation Committee (PEC) reviewed the project on Tuesday, and gave its nod...
Allison Martell and Nia Williams of Reuters | 2016-07-20 00:00:00
Canadian Natural Resources Ltd has quietly bought up about 12,000 natural gas wells across Alberta over the last two years, a Reuters analysis of regulatory data shows, becoming the country's largest natural gas producer as rivals sold assets or held...
Saleh Akram | 2016-07-20 00:00:00
Zero -- carbon emission has been pinpointed by scientists as a major weapon for fighting the effects of climate change. The message was strongly conveyed in COP21, the UN Framework Convention on Climate Change (UNFCCC), the UN body responsible for...
Mohamed A. El-Erian in Los Angeles | 2016-07-20 00:00:00
Once again, young people have gotten the short end of the political stick. The outcome of the United Kingdom's Brexit referendum is but another reminder of a yawning generational divide that cuts across political affiliation, income levels, and race. Almost...
Jahangir Bin Alam | 2016-07-20 00:00:00
South Asian countries have been able to recognise the importance of regional transport connectivity in accelerating their respective competitiveness and economic growth because of improved political relations and commitment for strengthening regional cooperation. The member countries of South Asian Association...
Abu Afsarul Haider | 2016-07-20 00:00:00
Latest data of the Swiss central bank shows that Bangladeshi nationals' deposits with various Swiss banks rose to 8.85 per cent year-on-year in 2015 to an astounding Tk 44.23 billion (550.85 million Swiss francs). The amount had stood at Tk...
Doulot Akter Mala | 2016-07-19 00:00:00
Small savers are facing trouble in purchasing government saving certificates from a number of commercial banks as many complained about the shortage of the same. The reason for the shortage is not known. The bankers' claim about shortage comes in...
Munima Sultana | 2016-07-19 00:00:00
Railway authorities have yet to start feasibility study to ascertain viability of establishing electric or diesel tracks for introducing high-speed train service between the capital and major cities. Two years have elapsed since the Prime Minister gave the directive in...
Siddique Islam | 2016-07-19 00:00:00
Purchase of the US dollar by the central bank from commercial banks increased by nearly 10 per cent in the just-concluded fiscal year (FY) 2015-16. The Bangladesh Bank (BB) bought $ 4.13 billion directly from the commercial banks in the...
Guy Verhofstadt in Brussels | 2016-07-19 00:00:00
British voters' choice to leave the European Union (EU) is unfortunate, but unsurprising. For decades, British politicians have avoided making the case for EU membership, or even explaining to the British people how the Union works and why it is...
Henry I Miller in Stanford | 2016-07-19 00:00:00
The British journalist Matt Ridley is usually an insightful commenter on the philosophy and practice of science. But his assessment of the relationship between basic research and technological innovation - in short, that "'basic science' isn't nearly as productive of...
Stefan Gerlach in Zurich | 2016-07-19 00:00:00
After having endured the collapse of its housing market less than a decade ago, Ireland has lately been experiencing a blistering recovery in prices, which already have risen in Dublin by some 50 per cent from the trough in 2010....
M. Serajul Islam from Maryland, USA | 2016-07-19 00:00:00
Believe it or not, Donald Trump is now branding his campaign as a movement for law and order! In New York, while naming Governor Pence as his running mate on July 16 with two days left for the party's convention...
SM Ruhul Alam | 2016-07-19 00:00:00
Migrants' remittances have the potential for enhancing Bangladesh's march towards the status of a middle-income country. And the flow of remittance income is increasing. Should Bangladesh suffer from complacency for this achievement? Who are sending more remittances? The simple answer...
Abdul Bayes | 2016-07-19 00:00:00
Mushfiq Mobarak of the Yale School of Management, USA, takes on the issue of seasonal hunger with an eye to the role of migration in mitigation. Throughout the world, approximately 805 million people are reported to be food insecure. Of...
Doulot Akter Mala | 2016-07-18 00:00:00
The government has finally offered 90 per cent depreciation facility to the reconditioned car importers to release hundreds of cars long stuck-up at the Mongla seaport. Officials said the customs wing of the National Board of Revenue (NBR) offered the...
Munima Sultana | 2016-07-18 00:00:00
The government will have to spend eight times more than its yearly allocation to keep its road network fit for smooth traffic movement in the coming five years, a departmental survey report has said. The report found nearly 45 per...
Rob Lever of AFP in Washington | 2016-07-18 00:00:00
It may be inside a protest rally, or in front of a deadly shooting. Smartphones, video and social media are empowering citizens to tell their stories like never before. This became clear with the live video earlier this month from...
Iftu Ahmed from Aurora, Illinois, USA | 2016-07-18 00:00:00
Despite global spread of terrorism, the spirit of Olympic is still vibrant. Rio de Janeiro, the capital of the state of Rio de Janeiro, Brazil's 3rd most populous state and the first Portuguese-speaking county, is scheduled to light the Olympic...
Selim Raihan | 2016-07-18 00:00:00
A fundamental proposition of new growth theories is that human capital is a key driver of economic growth. Development of human capital for the people of a country encompasses not only the diffusion and assimilation of available knowledge, but also...
Neil Ray | 2016-07-18 00:00:00
Increased fish intake for the Bangalees, as confirmed by the Food and Agricultural Organisation (FAO)-prepared study, the State of Fisheries and Acuaculture-2016, is quite a positive development. The average fish consumption has risen from 14 kg four years ago to...
Shamsul Huq Zahid | 2016-07-18 00:00:00
Bangladesh for long has been seeking to import hydropower from neighbouring Bhutan. It wanted to import ready electricity, if available, or implement joint venture project for the purpose. But for one reason or other its expectation has remained unfulfilled. However,...
Asjadul Kibria | 2016-07-18 00:00:00
The Bay of Bengal Initiative for Multi-Sector Technical and Economic Co-operation (BIMSTEC) will step into the 20th year of its formation in 2017. But the regional organisation, now having seven countries as its members, is yet to take off in...
Doulot Akter Mala | 2016-07-17 00:00:00
Dhaka is considering joining BEPS framework of the OECD to check alleged tax evasion committed by the multinational companies through siphoning their profits surreptitiously, officials said. Getting associated with the Organisation for Economic Cooperation and Development (OECD) oversight mechanism would...
Siddique Islam | 2016-07-17 00:00:00
Bangladesh made a routine payment of US$972 million to the Asian Clearing Union (ACU) against imports during the May-June period of the current calendar year, officials said. After the payment, the country's foreign exchange (forex) reserves came down to $29.64...
Talha Bin Habib | 2016-07-17 00:00:00
The government will build a central warehouse with cool-chain system at a cost of US$ 250 million for preserving agricultural produce, officials said. The ministry of agriculture (MoA) with support from the Asian Development Bank (ADB) will establish the central...
Chin Tong Liew and Wing Thye Woo in Kuala Lumpur | 2016-07-17 00:00:00
The ruling by the Permanent Court of Arbitration in The Hague against China's territorial claims in the South China Sea is a watershed moment for international law and an unmistakable warning to China about its strategic assertiveness in Southeast Asia....
Abdul Bayes and Hasanuzzaman | 2016-07-17 00:00:00
Although poverty and nutrition are said to be interwoven - one leads to the other - the prevailing notion is said to pay more attention to the former at the cost of the latter. It is thus no wonder that...
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