a 10-part series by Imtiaz A. Hussain examines one sector in one article on each Tuesday and Friday of our independence month, beginning March 01 and ending on April 01 with an overall appraisal. The sixth article of the series follows | 2016-03-18 00:00:00
With the Bangladesh's pharmaceutical industry shifting from the back-seat to the steering-wheel, we might have found one of the meaningful pathways towards a higher industrial league. Always a formidable sector, the pharmaceutical industry relied heavily on foreign franchises, both before...
Siddique Islam | 2016-03-17 00:00:00
A destructive software virus was specifically designed for a targeted attack on the central bank of Bangladesh to operate SWIFT Alliance Access (SAA) servers for the heist in its Fed account. Official sources said the cyber-experts doing the sophisticated probe...
Doulot Akter Mala | 2016-03-17 00:00:00
Chartered accountants have recommended the government allow taxpayers six months to prepare themselves for adapting to the new VAT law. The VAT and Supplementary Duty Act will be enforced from July 1, 2016. They said there is a basic difference...
Rakibul Haq Emil | 2016-03-17 00:00:00
Bangladesh may be developing in all the parameters according to numerous international standard organisations and research firms, but how much development have we witnessed regarding human stance towards animals? This question will have multiple answers, nevertheless, no one will be...
Mohammad Rafiqul Islam | 2016-03-17 00:00:00
Offshore banking refers to banking services off the shore or the main land. Offshore banking mainly serves those who are not residents of the mainland where the offshore bank is situated. For example, offshore banking in Bangladesh is serving those...
Syed Jamaluddin | 2016-03-17 00:00:00
The Bangladesh Bank (BB) is being criticised for suppressing information on hacking by cyber thieves for about a month. The BB came up with a statement on March 07 but did not disclose the amount of the stolen funds. A...
Doulot Akter Mala | 2016-03-16 00:00:00
The National Board of Revenue (NBR) has decided to form a body for ensuring cyber security of the Integrated VAT (Value Added Tax) Administration System (IVAS) to protect electronic VAT payment from hackers. The online VAT payment, to be introduced...
Shamsul Huq Zahid | 2016-03-16 00:00:00
The latest developments surrounding the deal, titled, 'Government to Government Plus (G to G Plus), signed recently between Bangladesh and Malaysia on recruiting workers from the former, are quite puzzling. The developments -- signing of a Memorandum of Understanding (MoU)...
Munima Sultana | 2016-03-16 00:00:00
A row over setting up of a multimodal transport hub is likely to be eased after the Ministry of Railway (MoR) agreed in principle to hand over the Railway land considering the importance of the hub to serve greater number...
Sarwar Md. Saifullah Khaled | 2016-03-16 00:00:00
In the era of free market, economic zoning as a development paradigm works wonders in advancing the economy of a country. Conceptually, capital is on free float across the globe. Capital flows in if such designated zones are built up...
Blerta Cela | 2016-03-16 00:00:00
Khadija Begum is visibly excited with the kind of attention she now gets. She said: "I am very excited that the people trusted me with community leadership! I am now working for the poor to prove myself worthy of their...
Mirza Azizul Islam | 2016-03-16 00:00:00
Bangladesh Bank announced its Monetary Policy Statement (MPS) for the second half of the current fiscal year (January-June 2016) on January 07. The objective of the present paper is to undertake an illustrative analysis of the limitations of monetary policy...
Doulot Akter Mala | 2016-03-15 00:00:00
Businesses are going to get new VAT-registration numbers online from April as prelude to enforcement of the now dormant Value Added Tax and Supplementary Duty (SD) Act, officials said. The National Board of Revenue (NBR) has planned to issue the...
Munima Sultana | 2016-03-15 00:00:00
The Bangladesh Railway (BR) has sought three times higher budget for the upcoming fiscal year (FY), 2016-17. The organisation says it needs to acquire substantial areas of land, mainly for the Padma Bridge rail connectivity and Dohazari-Cox's Bazar railway projects....
Rezaul Karim | 2016-03-15 00:00:00
Shortage of fund is hindering the operational activities of Equity and Entrepreneurship Fund (EEF) for agro-processing projects as nearly Tk 20 billion is badly needed for the sector, officials concerned said. Currently, some Tk 19.53 billion is urgently needed for...
Mohammad Mufazzal | 2016-03-15 00:00:00
The financial literacy committee has recommended to make the financial literacy programme mandatory for every stakeholders in an effort to make investors literate for the sake of their investments. The committee has also recommended a 'National Policy on Financial Education'...
Nironjan Roy concluding his two-part article | 2016-03-15 00:00:00
In North American financial market, single transaction cap and limit control are used as effective tools to mitigate the risk associated with fraudulent activities. Whether there was any cap on single transaction and was there any requirement of supplemental documents...
Saleh Akram | 2016-03-15 00:00:00
Economic disparity is as old as civilisation itself. The situation has unmasked various other implications over the centuries. Economic disparity among people in a community or a country is found out to be a cause of sluggish growth for the...
Abdul Bayes | 2016-03-15 00:00:00
This writer claims to be the first researcher in Bangladesh to work on the impacts of mobile phones in poverty alleviation in rural Bangladesh. That was in 1997 when only 100 mobile sets were distributed by Grameen Phone to Grameen...
a 10-part series by Imtiaz A. Hussain examines one sector in one article on each Tuesday and Friday of our independence month, beginning March 01 and ending on April 01 with an overall appraisal. The fifth article of the series follows | 2016-03-15 00:00:00
The history of the leather industry parallels that of the country's: struggling against all odds during its infancy in the 1970s, adolescent undulations throughout the 1980s, disorganised boom in the 1990s, and a game-changing crossroads in the early part of...
Hasnat Abdul Hye | 2016-03-15 00:00:00
More than a century has passed since the commemoration of the first International Women's Day in 1911. During the first observation of the Day demonstrators advocated for an end to gender discrimination and for the promotion of women's rights to...
Munima Sultana | 2016-03-14 00:00:00
Japan has agreed to conduct a survey on the two proposed metro rail projects in the city's east-west and north-east directions. However, the Asian Development Bank (ADB) has also come forward with a technical proposal to conduct the feasibility study...
Doulot Akter Mala | 2016-03-14 00:00:00
The country's tobacco taxation system may go through a major overhauling process in the budget for the next fiscal year (FY), 2016-17. The government has moved to eliminate the existing price slab system, widely criticised by the experts and stakeholders...
Nironjan Roy in the first of a two-part article | 2016-03-14 00:00:00
No sooner had our banking industry tackled ATM fraud than the Bangladesh Bank (BB), the guardian of the country's banking sector, itself received a big blow of hacking money from its reserve account maintained with the Federal Reserve Bank of...
Neil Ray | 2016-03-14 00:00:00
At a time when education has become a commodity making its affordability mostly a clinching factor, there are rare exceptions to this rule. Two contemporaries -one Bangla and the other English -have carried pictorial stories of two indomitable souls devoted...
Shamsul Huq Zahid | 2016-03-14 00:00:00
Hamid Fabrics, a textile company, mobilised Tk 1.05 billion by going public in 2015. The securities regulator allowed the company to offer primary shares each at Tk 35 inclusive of Tk 25 premium. The healthy financial reports of the company,...
Jasim Uddin Haroon and Siddique Islam | 2016-03-13 00:00:00
The perpetrators of over US$100 million digital heist from Bangladesh Bank's account with the US Fed might have worked in direct liaison with the bank's employees concerned, according to IT experts. Or, they say, somebody had spied in disguise to...
Rezaul Karim | 2016-03-13 00:00:00
The government has moved to increase the participation of women in the country's economic activities especially in the industrial sector with taking some revolutionary steps, officials said. As part of the move, the Prime Minister's Office (PMO) in a meeting...
M Jalal Hussain | 2016-03-13 00:00:00
The diversity, importance and intensity of capital market in the present globalised world have got the attention of all sections of people. Investors, business class, leaders and policy-makers are on the top of the list. Every day, from morning to...
S M Nasimul Haque | 2016-03-13 00:00:00
On the morning of March 09 a cargo flight of True Aviation took off from Cox's Bazar airport R/W 35 for Jessore with shrimps. The set of crew were all from Ukraine. The Captain was a veteran pilot with piles...
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