Indian investment in Bangladesh: Are things changing for the better?

When Bangladesh is eagerly looking forward to higher inflow of Foreign Direct Investment (FDI), the statement of Indian envoy in the country is encouraging. In a meeting with the Foreign Investors Chambers of Commerce and Industry (FICCI) last week, Indian...

Stocks return to red amid low turnover

Stocks witnessed marginal fall on Thursday with turnover falling further as investors were cautious amid profit taking tendency. The market opened with a positive note, but could not sustain as the session progressed. DSEX, the prime index of the Dhaka...

DSE, CSE up at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hour on Thursday amid choppy trading, the last trading session of the week. DSEX, the prime index of the DSE, went up by 12.42...

5pc AIT on coal import

Government's revenue authority is set to re-introduce 5.0 per cent advance income tax on coal import in a bid to help offset possible revenue shortfall from the target fixed in the new budget. Officials said the National Board of Revenue...

Far East Knitting and Dyeing Industries to invest Tk 260m

Far East Knitting and Dyeing Industries, a listed company in the bourses, has decided to invest Tk 260 million to double its production capacity. "We will invest Tk 260 million for expansion project, which will increase production capacity of finished...

Standard Bank to launch \\\'agent banking\\\'

Standard Bank Ltd will launch 'agent banking' soon to help reach the bank's services to the un-banked population across the country. "We are going to start 'agent banking' by the end of next month (September) and it will be a...

Haat Bazar at NSU

On Wednesday, the 5th of August 2015, North South University hosted "Haat Bazar," an NSU-exclusive event organised by School of Business and Economics, Career Placement Centre, and NSU Young Entrepreneurs Society (NSU YES). A total of twenty five teams with...

School banking for inclusive growth

School banking, a success story in the banking industry, was initiated by the Bangladesh Bank in November 2010, with a vision to strengthen inclusive growth and engaging the base of pyramid of the population with financial activities. It is one...

Slow disbursement of Indian LoC

India extended a US$ 1.0 billion credit line to Bangladesh in 2010, out of which $ 200 million was converted into grant assistance in June 2012. Meanwhile, India declared a new LoC worth $ 2.0 billion and a Memorandum of...

Women empowerment versus socio-cultural norms

While a plethora of researches on asset transfer and empowerment of women are available, there is very little on the ground which examines the "flypaper effects" in the context of asset transfer targeted to women - assessing whether asset transfers...

Oil prices falling in international market: BPC makes profit

The government is making unusually high profit by selling fuel oil. Price of fuel oil has come down in the international market by more than 50 per cent during the last one year. But the government is selling oil in...

Contributors to GDP: Agriculture makes tremendous progress

The structure of the economy is conventionally divided into three sectors viz. agriculture, industry and services and these contribute to a country's gross domestic product (GDP). In the beginning of development it is agriculture which plays the dominant role in...

Stocks end flat amid choppy trading

Stocks ended flat in green on Wednesday amid choppy trading throughout the session as investors booked profit.The market opened lower with high fluctuation and finally closed in mixed trend. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

2 additional HC judges sworn-in as permanent judges

Two additional judges of the High Court (HC), who were made permanent judges on Monday, took oath on Wednesday. Justice Md Shahinur Islam and Justice Kashefa Hussain were sworn-in by Chief Justice Surendra Kumar Sinha in the morning as permanent...

DSE, CSE down at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in early hour of trading on Wednesday amid volatility, the fourth session of the week. DSEX, the prime index of the DSE, went down by 11.42...

NBR seeks info from banks

The National Board of Revenue (NBR) has initiated move to scrutinise the bank accounts of the country's telecom operators for assessing their tax returns for fiscal year (FY) 2014-15. The Large Taxpayers Unit (LTU) under the income tax wing recently...

Uncelebrated yet welcome verdict

There was no celebration by investors in the streets of the business district of Motijheel Tuesday, the day following the newly-formed special tribunal delivered its maiden verdict in a stock market-related case. The tribunal sentenced one Mahbub Sarwar, a former...

BB needs to discipline financial sector

A policy gives direction to objectives to be achieved. The Monetary Policy Statement (MPS), announced by the Bangladesh Bank (BB) is such an instrument that guides one to plan one's business for the next six months. However, the aim of...

Catchwords of environment

Unusual symptoms sweeping over nature and environment have become talking points of the environmentalists around the world. The nature now is characterized by inconsistencies and irregularities unknown to us until recently. Variations in weather, nature and frequencies of cyclone, extent...

Trade facilitation in South Asia

The growth of intra-regional trade in South Asia, fraught as it is with barriers, is slow. Although most of the barriers are already identified, removal of these becomes difficult due to lack of effective commitments. SAARC to SAARC trade increased...

DSE turnover crosses Tk 9b-mark

Stocks posted marginal gain on Tuesday with turnover crossing Tk 9.0 billion-mark on the main bourse after two months as investors remained active in the market. The market opened with a higher note, but late hour profit taking sale wiped...

DSE, CSE open optimistic

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hour of trading on Tuesday, maintaining the previous session’s upward movement. DSEX, the prime index of the DSE, went up by 29.92 points or...

Govt sits today to discuss AML strategies

The government will sit today (Tuesday) to discuss necessary strategies for pursuing the country's ongoing anti-money laundering (AML) and anti-terrorist financing efforts, officials said. One of the key agendas of the meeting is to review the progress on the third...

Dhaka-Sylhet highway to be a four-lane one

The government has taken steps to widen Dhaka-Sylhet highway as its next four-lane project to facilitate traffic movement which is likely to increase in near future. Officials said feasibility study and detailed design of the country's important national highway was...

Oxford Union Debate: The case of Bangladesh

This refers to a recent video upload of a debate at the Oxford Union Debating Society on the Internet. The centre of attraction of the debate was the eloquent Indian MP Dr. Shashi Tharoor. The subject of the debate was:...

Iran deal: Challenges and opportunities

The long-drawn-out negotiations between Iran and P5+1(Five permanent members of UN Security Council and Germany) on Iran's nuclear programme came to an end with the adoption of the historic 'Joint comprehensive Plan of Action' in Vienna on July 14, 2015....

Stocks end higher amid increased turnover

Stocks ended higher for the third straight session on Monday as investors went for buying spree amid optimism. The market opened with a higher note and the upturn sustained throughout the session. DSEX, the prime index of the Dhaka Stock...

Bangladesh-S Africa Test series drawn 0-0

The second and final cricket Test between Bangladesh and South Africa ended in a damp draw after the umpires called off play on Monday morning – the fifth day of the five-day game – due to a wet outfield at...

DSE, CSE up at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hour of trading on Monday, the second trading session of the week. DSEX, the prime index of the DSE, went up by 29.61 points...

Import rises 3.41pc last fiscal

The country's overall import grew by over 3.0 per cent in last fiscal year (FY), 2014-15, following higher level of imported capital machinery for businesses, officials said. The actual import in terms of settlement of letters of credit (LCs) grew...