Foyasal Khan | 2016-06-25 00:00:00
Professor M. Kabir Hassan of the University of New Orleans has won the IDB Prize in Islamic Banking and Finance for the year 2016 from the Islamic Development Bank (IDB), the development bank of the Muslim world. The IDB established...
Gita Gopinath in New Delhi | 2016-06-25 00:00:00
Raghuram Rajan's decision not to seek a second term as Governor of the Reserve Bank of India (RBI, India's central bank) was met with shock from those of us who have been cheering on the Indian economy. While it is...
Lamia Mohsin | 2016-06-25 00:00:00
Our interpretations and perspectives of 'normal' or 'common sense' as we define it, are invariably influenced and (in a more appropriate sense) to some extent 'manipulated' by existing predominant cultures and social practices. A student of sociology might beg to...
Siddique Islam | 2016-06-24 00:00:00
The Bangladesh Bank (BB) is going to follow recommendations of the International Monetary Fund (IMF) regarding its stolen fund, and will show the fund in other assets as protested bill in its balance-sheet. The central bank will also examine another...
Munima Sultana | 2016-06-24 00:00:00
The electronic ticketing system in ferry ghats of the Bangladesh Inland Water Transport Corporation (BIWTC) has failed to click due to technical problems and non-cooperation of operators. Sources said, due to these, the Corporation has cancelled the pilot project on...
Md Altap Hossen | 2016-06-24 00:00:00
Latin America comprises 20 sovereign states including several territories and dependencies. It has an area of roughly 19,197,000 square km which constitutes nearly 13 per cent of the earth's land surface area. The total population of Latin American countries is...
Abdul Bayes | 2016-06-24 00:00:00
Finance Minister AMA Muhith, MP recently presented the National Budget 2016-17 in Parliament. We shall pick up some selected items from his budget speech and try to examine them in the light of the ground realities we are to reckon...
Imtiaz A. Hussain in the seventh article of a nine-part "Second-string sector survey" series | 2016-06-24 00:00:00
Supplying some of the key ingredients of house-building (tiles, sinks, sanitary wares, and cutlery), the ceramic industry's growth parallels that of the real-estate revolution and home construction. Though it relies on clay (found particularly in Mymensingh, Netrakona, and Sylhet), since...
Doulot Akter Mala | 2016-06-23 00:00:00
Country's apex chamber placed fresh fiscal proposals on the proposed new budget with major demands like raise in the tax ceiling for individuals and cuts in taxes at source and corporate tax for exporters. The Federation of Bangladesh Chambers of...
Jamil Azhar Shakil | 2016-06-23 00:00:00
To help the deprived people during Ramadan, two years back in 2013 Obhizatrik Foundation initiated the project 'Joy of Giving'. The project helps deprived people by arranging iftar for them daily during the Ramadan. This time they have expanded their...
Shahrin Ali | 2016-06-23 00:00:00
Ad Maker Bangladesh, the biggest annual inter university marketing competition in Bangladesh organised by North South University Young Entrepreneurs Society (NSU YES), came back with a bang this year. A whopping 305 teams participated from 56 various universities from all...
Munima Sultana | 2016-06-23 00:00:00
The Roads and Highways Department (RHD) has taken a move to call tender for construction of the Dhaka-Chittagong expressway soon proposing 30 per cent vulnerable gap of funding (VGF). RHD officials said the project office has already placed a plan...
Mohammad Wazed Ali | 2016-06-23 00:00:00
Sales of beauty and grooming products have spiked significantly as the Eid-ul-Fitr approaches, according to city market operators. They, however, said Indian, Thai and British cosmetics are sapping the demand for home-made items significantly in the Dhaka market. Akash Rahman,...
Doleshwar register win against Rupganj | 2016-06-23 00:00:00
Abahani registered a massive 115-run victory over Prime Bank Cricket Club with a captain's knock of 124 by Tamim Iqbal in the super-six 5th round match of the Dhaka Premier Division Cricket League at Sher-e-Bangla National Cricket Stadium on Wednesday,...
Shamsul Huq Zahid | 2016-06-22 00:00:00
The National Board of Revenue (NBR) has been an easy object of criticism for its failure to rope in even a mention-worthy fraction of potential taxpayers. Experts apart, government policymakers are also found to be deeply frustrated by the taxmen's...
Doulot Akter Mala | 2016-06-22 00:00:00
The government is now set to reduce the proposed tax at source for export-oriented industries for fiscal year 2016-17 following request from the stakeholders and exporters. The tax at source on export bill has been proposed to increase to 1.5...
Rezaul Karim | 2016-06-22 00:00:00
Scam-hit BASIC Bank has sought approval from the finance ministry for increasing its authorised capital to Tk 55 billion from existing Tk 25 billion, officials said. Khondoker Md Iqbal, managing director of the bank, in a letter sent to the...
Siddique Islam | 2016-06-22 00:00:00
The target of farm credit disbursement is expected to be crossed by the end of the current fiscal year (FY) as the central bank has beefed up efforts to make such credit available for farmers, officials said. The expectation came...
Rezaul Karim | 2016-06-22 00:00:00
The government has taken necessary strategies to expedite the move towards implementation of public-private partnership (PPP) projects, although the initiative hangs in the balance since its inception, sources said. The PPP initiative has been limited to discussion only. In fact,...
Istiak Uddoula | 2016-06-22 00:00:00
The Syrian Civil War began in 2011 amongst multiple opposition factions -- basically anti-government groups and the government. Since 2014, a terrorist entity, named Islamic State of Iraq and the Levant claimed a significant part of Syria. In September 2015,...
Syed Jamaluddin | 2016-06-22 00:00:00
Economic activities, particularly shopping, are going on in full swing in the middle of Ramadan. Money supply is increasing in the economy. Eid- ul Fitr is the biggest religious festival for the Muslims. Bonus of government officials, employees of shops,...
Asjadul Kibria | 2016-06-22 00:00:00
Questioning official statistics is a standard practice, especially for research and analysis. It doesn't mean that questions are intended to undermine national attainments. Unfortunately, it has become increasingly difficult in Bangladesh to raise such questions. Policymakers in general are usually...
Mohammad Mufazzal | 2016-06-21 00:00:00
Deducting tax at source from unit-holders' absolute income from liquidated closed-end mutual funds (MFs) got caught in an impasse as the revenue authorities took the face value of the units as cost price in taxing, sources said. The Large Taxpayers...
M A Taslim | 2016-06-21 00:00:00
Apparently it was an impeccable scheme; the government would announce a near doubling of the salaries for all government employees. The latter, who had been smarting from an incessant rise in prices, would greatly appreciate the generosity of the government,...
Talha Bin Habib | 2016-06-21 00:00:00
The value of greenfield (GF) foreign direct investment (FDI) in the country jumped almost double following a spur although the number of announced projects declined. According to available figures, greenfield foreign investment in Bangladesh found a surge last year mainly...
Doulot Akter Mala | 2016-06-21 00:00:00
Many private companies, banks and non-bank financial institutions began deducting higher tax from their employees' salaries in a preemptive application of a fiscal law. Sources said the taxed service-holders resented such extra financial burden on them ahead of Eid festival...
Devesh Kapur in Philadelphia | 2016-06-21 00:00:00
The decision by the widely respected economist Raghuram Rajan not to seek a second term as Governor of the Reserve Bank of India (RBI, the central bank) is likely to roil India's financial markets, which regarded him as a critical...
Siddique Islam | 2016-06-21 00:00:00
The volume of classified loans in the industrial sector increased by nearly 25 per cent in nine months of this fiscal year (FY) up to March last because of slower recovery drives by banks and financial institutions, officials said. The...
Abdul Alim | 2016-06-21 00:00:00
The only problem that has challenged the very existence of manpower export of the country today is wanton application of Anti-Human Trafficking Act on recruiting agencies. The indiscriminate and unwarranted arrests of recruiting agents beyond the applicable jurisdiction of offences...
M. Serajul Islam from Maryland, USA | 2016-06-21 00:00:00
For many reasons, the post-Orlando massacre developments in the United States have been different from previous acts of terror in the country involving Muslims. The massacre by Omar Mateen, 29, was the worst in US history when he alone gunned...
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