Syful Islam | 2016-03-04 00:00:00
The Ministry of Law has given go-ahead to appointment of an administrator in the Jubo Karmasangsthan Society (Jubok) to pay back money to hundreds of thousands of cheated youths, officials said Thursday. The green signal came seven months after the...
Siddique Islam | 2016-03-04 00:00:00
The central bank has sought information about good borrowers from all the commercial banks, as the goodies would enjoy financial incentives. "We'll issue an instruction for furnishing the information (in prescribed form) to know about the number of good borrowers,...
Ismail Hossain | 2016-03-04 00:00:00
The International Finance Corporation (IFC), a member of the World Bank Group, is planning to promote solar products in 8,000 off-grid villages in the country. With the assistance of German development organisation GIZ, the IFC is targeting approximately 70 million...
Alexander S. Friedman in London | 2016-03-04 00:00:00
Twenty-four years ago, in the midst of an ugly US presidential campaign, Bill Clinton's campaign manager neatly summed up his candidate's message: "It's the economy, stupid." Today, as investors struggle to understand what is driving extreme volatility in the financial...
Babul Barman | 2016-03-04 00:00:00
The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 30.6 per cent month-on-month in February on the back of falling trade volumes. The government bagged tax worth Tk 107.94 million in the second month of 2016, which was...
Ismail Hossain | 2016-03-04 00:00:00
The micro-credit regulator is set to take a move to abolish nearly Tk 16 billion loan risk fund and divert the money to the loan account. The micro-finance institutions (MFIs) have long been deducting Tk 5.0 or more for Tk...
S. M. Rayhanul Islam | 2016-03-04 00:00:00
Gone are the days when parents and other guardians in a family used to monitor what magazines we bring home and what TV shows or movies we may watch. As the world becomes more interconnected than ever before, young people...
Shafiqul Alam | 2016-03-04 00:00:00
Mega city Dhaka is already a city of contrasts --- a city of gigantic towers and slums, a city of too many personal transports and stagnant roads or the like with spill-over adverse effects on all sections of the city's...
Nilratan Halder | 2016-03-04 00:00:00
The much vaunted balloon of structured questions, popularly known as creative method of evaluating merit of students, has ruptured. A survey conducted countrywide by none other than the Directorate of Secondary and Higher Education (DSHE) found that more than 40...
a 10-part series by Imtiaz A. Hussain examines one sector in one article on each Tuesday and Friday of our independence month beginning on March 01 and ending on April 01 with an overall appraisal. The second article of the series follows | 2016-03-04 00:00:00
Nowhere else in our economy has there been a more dramatic reversal than with the two most prominent fibres in Bangladesh's history: jute and cotton. Whereas the former completely lost its "golden" touch as an economic catalyser and export-income source,...
Syful Islam | 2016-03-03 00:00:00
Only three, out of 18 seats for admission in the government medical colleges under the Saarc quota, have been recommended on merit basis and the rest on 'request of dignitaries' from home and abroad, officials said. The Ministry of Foreign...
Siddique Islam | 2016-03-03 00:00:00
Bangladesh Bank (BB) is closely monitoring the developments in alleged laundering of money amounting to US$100 million to the Philippines, a senior central banker told the FE on Wednesday. "We've been informed about the suspected laundering of funds," the BB...
Rezaul Karim | 2016-03-03 00:00:00
The government has moved to raise daily wages for agricultural labourers working under the agriculture ministry aiming to adjust their wages to recent market prices, sources said. As part of the move, the Ministry of Agriculture (MoA) has constituted a...
Talha Bin Habib | 2016-03-03 00:00:00
The government will expand electronic money transfer services to the union level by May, considering the growing demand, a top postal official said. The official said the Directorate of Bangladesh Post Office (BPO) will appoint thousands of agents for implementing...
Sarwar Md Saifullah Khaled | 2016-03-03 00:00:00
The finance minister spilled the beans on the syndicated plunder of the state-run Basic Bank and also shed light on the deadweight of bad loans dragging down some other public and private banks. The finance minister disclosed in Parliament the...
Md. Touhidul Alam Khan and Md. Julker Naim | 2016-03-03 00:00:00
A monetary policy is referred to as contractionary if it reduces the size of money supply or raises interest rate. An expansionary policy increases the size of money supply or decreases the interest rate. Furthermore, monetary policies are described as...
Masum Billah | 2016-03-03 00:00:00
The month-long Ekushey Book Fair 2016 concluded on the last day of February without any untoward incident except one day's sudden hailstorm. The security measures this time were satisfactory. Ample open space was kept for the visitors with some stalls...
Shamsul Huq Zahid | 2016-03-02 00:00:00
Small savers, particularly the pensioners, are now in a quandary about the destination of their funds. They have three investment options -- time deposits with banks, stock market and the state-owned savings instruments -- before them. But all the options...
Siddique Islam | 2016-03-02 00:00:00
The classified loans in agriculture sector registered a significant fall in seven months up to January as rescheduling of such loans was allowed until December 31 last, officials said. The amount of non-performing loans (NPLs) of farmers dropped by more...
M. Serajul Islam from Maryland, USA | 2016-03-02 00:00:00
I followed the 2012 US presidential election for most of the time from the United States returning to Bangladesh just before the election. It was morning in Dhaka, around 10 or 10:30 am when the votes in Ohio were being...
Abdul Bayes | 2016-03-02 00:00:00
Professor Enamul Huq of the East West University and the present writer, undertook a study in the 1980s on impacts of tanneries on Hazaribagh areas of Dhaka city. The focus was invariably on the associated costs of water and air...
Peter Thal Larsen | 2016-03-02 00:00:00
The world's economic powerhouses are poorly equipped to deal with the next emergency. That's the main lesson from the latest confab of leading central bankers and finance ministers in Shanghai (February 26-27). Though fears about an imminent crisis look premature,...
Asjadul Kibria | 2016-03-02 00:00:00
There is a growing concern regarding Non-Tariff Measures (NTMs) in the developing countries, including Bangladesh, as exporters and importers alike are affected by NTMs. The International Trade Centre (ITC), in its NTM business survey on Bangladesh, identified this growing concern....
Munima Sultana | 2016-03-01 00:00:00
The Asian Development Bank (ADB) is considering funding over US$ 5.0 billion for the country's road and metro-rail development in the next five years. Of the total fund, about $3.0 billion is likely to be spent on three projects in...
Ismail Hossain | 2016-03-01 00:00:00
Muktangan, once marked as an exclusive place for holding rallies and demonstrations, has become a hub of illegal rent-a-car business. The east side of the high-security Secretariat too is now an illegal car parking place. The city fathers have been...
Doulot Akter Mala | 2016-03-01 00:00:00
Finance Minister AMA Muhith has asked the revenue board to weigh the proposal of the apex trade body for Value Added Tax (VAT) waiver on trade licence fees. Exemption of VAT on trade licence fees is a longstanding demand, since...
Rezaul Karim | 2016-03-01 00:00:00
The government has decided to extend the existing value-added tax (VAT) exemption facility for the country's edible oil traders by one year in order to help keep its price stable in the domestic market, officials said. The decision was taken...
writes Sarwar Md. Saifullah Khaled | 2016-03-01 00:00:00
A number of Bangladesh business leaders living in Yangon for more than a decade say as the resource-rich South East Asian country Myanmar is opening up its economy, it offers plenty of opportunities for businesses. Bangladesh needs to give a...
Abu Afsarul Haider | 2016-03-01 00:00:00
In a recently held policy dialogue titled "Prevention of Child Marriage in Bangladesh", State Minister for Women and Children Affairs Meher Afroze Chumki said, although the minimum marriageable age of girls will remain unchanged at 18, a rule of the...
a 10-part series by Imtiaz A. Hussain examines one sector in one article on each Tuesday and Friday of our month of independence, beginning today and ending on April 01 with an overall appraisal. The first article of the series follows | 2016-03-01 00:00:00
Never a lame question, but how has our industrial base changed over 45 years of independence? Brush-stroking across those 45 years, we find that whereas more than three-quarters of the 75 million people at the time of independence lived on...
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