REZAUL KARIM | 2024-12-21 00:00:00
Industries ministry has requested finance ministry to issue Tk 80 billion worth of government bond to adjust state-run sugar mills' liabilities to six banks, according to officials concerned.The Bangladesh Sugar and Food Industries Corporation (BSFIC) owes Tk 69.50 billion to...
NAZIMUDDIN SHYAMOL | 2024-12-21 00:00:00
CHATTOGRAM, Dec 20: Salt farmers in the country are expecting a record-breaking salt production in the current season but at the same time they are also sceptical about fair price of their produce. Farmers' sources said they are concerned about...
JAHIDUL ISLAM | 2024-12-21 00:00:00
The government has made a preliminary decision to eliminate the 10 per cent bidding cap in the public procurement system, which disqualifies any offer that is 10 per cent above or below the quoted price in open tendering, officials of...
Sarker Nazrul Islam | 2024-12-21 00:00:00
Bangladeshis, according to report published in this paper, annually spend a staggering US$5.0 billion only in registered medical bills outside the country. But the volume of actual spending will be much larger if the cost of treatment taken on tourist...
Nilratan Halder | 2024-12-20 00:00:00
Read between the two pieces of news---one concerning the fall of 7.8 million more people into poverty over the past couple of years and the other savouring the formation of a committee for payment of dearness allowance for government employees---the...
BABUL BARMAN | 2024-12-19 00:00:00
Global fund manager Asia Frontier Capital (AFC) predicted a bullish outlook for Bangladesh's stock market towards the second half of the next year, driven by an economic turnaround.Although Asian frontier markets have significantly outperformed the region for a second year...
Atiqul Kabir Tuhin | 2024-12-19 00:00:00
Bangladesh Public Service Commission (BPSC) has introduced several reforms regarding the participation process of the Bangladesh Civil Service (BCS) examination. These include raising the maximum age limit for candidates from 30 to 32 years, reducing the viva exam marks from...
Syed Badrul Ahsan | 2024-12-19 00:00:00
Do physical or more specifically facial resemblances to one's ancestors make a difference? The answer depends on who is being asked the question. And when the query relates to political ancestry, one can be sure that a pretty large number...
SYFUL ISLAM | 2024-12-18 00:00:00
The Ministry of Finance has asked the Bangladesh Bank to expedite efforts to formulate and amend five major acts related to banks and non-bank financial institutions, officials say.They say both the World Bank (WB) and the International Monetary Fund (IMF)...
Jahidul Islam | 2024-12-18 00:00:00
The government will invest Tk 8.1 billion in three gas projects over the next two years. They include procuring and installing a 60-MMSCFD processing plant for Bhola North Gas Field, drilling the Rashidpur-11 exploration well in Habiganj, and running a...
REZAUL KARIM | 2024-12-18 00:00:00
Due to lack of local suppliers, Trading Corporation of Bangladesh (TCB) has planned to purchase 240 million litres of palm oil from Malaysia under government-to-government (G2G) arrangement.The plan is to import 20 million litres per month to sell it with...
Mohammad Mufazzal | 2024-12-18 00:00:00
The Investment Corporation of Bangladesh (ICB) has not been able to recover principal plus interest amounting to more than Tk 9 billion from financial institutions though FDRs kept with them matured five to seven years ago.Most of the 15 banks...
Sarker Nazrul Islam | 2024-12-18 00:00:00
Short supply of fertilisers and other agricultural inputs or abnormal rise in their prices leaves a serious impact on farm production. Higher production cost discourages farmers from bringing more land under cultivation, especially when fair price of their produce is...
Golam Rasul | 2024-12-18 00:00:00
The interim government formed a 12-member committee led by Dr. Debapriya Bhattacharya to prepare a white paper on the state of Bangladesh's economy. The purpose is to provide a clear assessment of the current state of the economy, reflecting on...
JAHIDUL ISLAM | 2024-12-17 00:00:00
Pickup begins in development-programme implementation, after a transition-time slump, with government ministries and divisions spending Tk 112.36 billion from the ADP outlay in November, around 40 per cent higher than October's rate. Notwithstanding this momentum in implementing the Annual Development...
Syed Fattahul Alim | 2024-12-17 00:00:00
With the insurgent ethnic armed group of Myanmar, the Arakan Army (AA), gaining full control of Maungdaw township on the bank of Naf river that separates Bangladesh from the Rakhine state of Myanmar, it appears that the Myanmar junta has...
Helal Uddin Ahmed | 2024-12-17 00:00:00
Rowing boats with oars, paddles or sculls was previously the tradition in the riverways of Bangladesh. But now, these are mostly driven by shallow-machines. Similarly, the plough was mostly used for cultivating land in the past, but this is now...
Zanjabil Mashkura | 2024-12-17 00:00:00
In a world full of adventure and exploration, tourism holds a powerful place. Walking down the streets of different cultures and witnessing the local lifestyle give an unmatched experience. That's why tourism remains one of the top five exports in...
GULAM RABBANI | 2024-12-16 00:00:00
Beximco Group of companies owes Tk 500.98 billion in unpaid loans and liabilities, the central bank said in court submissions on the beleaguered conglomerate's current situation. The business group's 'default' loan is recorded as Tk 255.23 billion and 'classified' loan...
FARHAN FARDAUS AND BABUL BARMAN | 2024-12-16 00:00:00
More than 90 per cent of insurance stocks have experienced a significant decline in value in the last one year but their popularity as manipulative stocks makes it tricky for investors to select the best bargains. The stock market has...
Neil Ray | 2024-12-16 00:00:00
To say it is incredulous is an understatement. But the news carried in a contemporary based on its reporter's visit to the spot and queries from all concerned cannot lie. The contention of the report is that peon (office bearer),...
Syed Fattahul Alim | 2024-12-16 00:00:00
The 54th Victory Day of Bangladesh will go down in history as one that followed yet another unique revolution, the student-led mass uprising of August 5 that has changed the course of the nation's history. The Victory Day of Bangladesh...
Helal Uddin Ahmed | 2024-12-16 00:00:00
The present-day Feni district was a subdivision under Noakhali district during the liberation war. It had a huge strategic importance during the war, as both the Dhaka-Chittagong Highway and the Dhaka-Chittagong Railway passed through the town. The first battle of...
Syed Badrul Ahsan | 2024-12-16 00:00:00
This morning we celebrate the year 1971. The middle-aged citizen of today is no more the youth of yesterday. The freedom we enjoy in these times is far removed from the tortuous struggle we waged for liberty in those times.And...
DOULOT AKTER MALA | 2024-12-15 00:00:00
Domestic exporters are all set to reap the benefits of the fully automated bonded-warehouse facility from 01 January 2025, thereby enabling them to access paperless services.The National Board of Revenue (NBR) has completed all required modules for this system under...
JAHIDUL ISLAM | 2024-12-15 00:00:00
The interim government has decided to terminate four of less-priority projects , including three named after Sheikh Hasina and her family members, on which Tk 6.74 billion has already been spent.Three of the projects under the annual development programme are...
MOHAMMAD MUFAZZAL | 2024-12-15 00:00:00
A majority of the financial institutions are reluctant to play the role of a trustee of mutual funds as they say they do not have the power to check scams committed by asset management companies (AMCs). Trustees have been blamed...
Serajul I Bhuiyan | 2024-12-15 00:00:00
China's foreign policy has emerged as a three-pronged multidimensional framework anchored by three ambitious global initiatives: the Global Development Initiative, the Global Security Initiative, and the Global Civilisational Initiative. These strategic frameworks aim at reshaping global governance by strengthening China's...
Atiqul Kabir Tuhin | 2024-12-15 00:00:00
It is alarming that what initially appeared to be a gesture of goodwill towards farmers has in the end turned out to be a threat to their livelihoods in particular and national onion production as a whole. Recent media reports...
Asjadul Kibria | 2024-12-15 00:00:00
There is a growing demand for bonds in the country's financial market, and the existing tiny corporate bond market has still a long way to go to meet demand. Government bonds are also inadequate in meeting the growing appetite for...
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