Doulot Akter Mala | 2015-02-26 00:00:00
The National Board Revenue (NBR) has detected four major loopholes in the collection of tax at source by the government entities. The loopholes, sources said, have been causing seepage of income tax revenue. It has found that some entities are...
Mohammad Ali | 2015-02-26 00:00:00
A World Bank study has identified the weaknesses of six key regulatory bodies in dealing with audited financial statements of their affiliates. The study has pointed out that the regulators lack the required resources and capacity to ensure the affiliated...
Shamsul Huda | 2015-02-26 00:00:00
Rerolling units are facing closure due to slow demand and competition from big automated steel mills, sector insiders said. Former president of Bangladesh Steel Mill Owners Association Mizanur Rahman (Babul) said out of 250, more than120 re-rolling mills have been...
Md. Abdullah Al Helal | 2015-02-26 00:00:00
If we look empirically around the world, it is not necessarily true that democratic countries have better governments compared to those run by dictatorship. Although both types of governing systems have positive and negative aspects, democracy enjoys mass popularity across...
Jamaluddin Ahmed concluding a two-part article on \'Bangladesh: Graduating to middle-income status\' | 2015-02-26 00:00:00
The definitions of middle-income (the "optics" of the thresholds, etc.) are in debate. Even if one really thinks of the development process, it is a continuum rather than an event that takes place in discrete "jumps" through thresholds. Therefore, we...
Md Jamal Hossain | 2015-02-26 00:00:00
The growth of gross domestic product (GDP) has been hovering around six per cent for a long time. Now the critical question that has caught the policymakers' attention is how to overcome the six per cent growth inertia. What kind...
Shamsul Huq Zahid | 2015-02-25 00:00:00
The central bank's newly appointed chief economist Dr. Biru Paksha Paul, while taking part in a workshop in Dhaka early this week, picked up two important issues -- bank loan default culture and high lending rate -- that have been...
Siddique Islam | 2015-02-25 00:00:00
The World Bank (WB) has given assurance to provide $300 million under the Financial Sector Support Project (FSSP) with the Bangladesh Bank (BB) aiming to facilitate long-term financing, particularly in productive sectors. The assurance came at a meeting of a...
Mohammad Mufazzal | 2015-02-25 00:00:00
A BSEC committee has recommended for installation of many facilities such as warehouse facility, quality and quantity specifications, undisrupted transportation and delivery of commodity for introducing commodity exchange, officials said. The committee said national policies will also be required on...
Rezaul Karim | 2015-02-25 00:00:00
The Bangladesh Bank (BB) has initiated a move to formulate a new policy to regulate imports of gold, silver, jewellery and other precious metals, officials said. As part of the step, a meeting will be held in the central bank...
Nironjan Roy concluding a two-part article on \'Large loan restructuring and Bangladesh Bank policy\' | 2015-02-25 00:00:00
The reason for high rate of non-performing loan lies in the approach followed by the banks to sanction loans. Appropriate amount and type of loans required for running business is seldom determined before sanctioning loan. The traditional way of approving...
Selim Jahan | 2015-02-25 00:00:00
Transports constitute an important segment of economic activities anywhere in the world. The Bangladesh Railway, a key transportation agency of the country, has been serving a large number of people for a long period. In spite of being an important...
Syed Jamaluddin | 2015-02-25 00:00:00
Chief Minister of West Bengal Mamata Banerjee was in Dhaka on a three-day visit. Her entourage included ministers, eminent cultural, business and media personalities. Bangladesh invited Mamata to attend the International Mother Language Day programmes which commemorate the Language Movement...
Jamaluddin Ahmed in the first of a two-part article on \'Bangladesh: Graduating to middle-income status\' | 2015-02-25 00:00:00
Middle Income Countries (MIC), by definition, are grouped according to income, which does not necessarily reflect a certain level of economic, political or social development. MIC is, therefore, a very broad and heterogeneous category. Even the division between lower-middle and...
Syful Islam | 2015-02-24 00:00:00
The standard operation procedure (SOP), a vital component for introducing coastal shipping service between Bangladesh and India, is yet to get approval from New Delhi even nearly six months after it was sent by Dhaka, official sources said. The SOP...
Rezaul Karim | 2015-02-24 00:00:00
Shortage of fund is hindering the operational activities of Equity and Entrepreneurship Fund (EEF) for agro-processing projects, officials concerned said. Currently, Tk 15.39 billion is urgently needed for the agro-based projects, they said, adding that Bangladesh Bank (BB) and Investment...
Shah Alam Nur | 2015-02-24 00:00:00
Event management companies are counting huge financial losses due to the ongoing political turmoil, industry insiders said. According to them, most of the event management service providers are passing time almost idly as people are either postponing their scheduled programmes...
Doulot Akter Mala | 2015-02-24 00:00:00
The government has backtracked on its move to exempt small savers having bank balance below Tk 0.5 million from paying tax as the National Board of Revenue (NBR) has estimated a considerable amount of revenue loss. The NBR has estimated...
Saleh Akram | 2015-02-24 00:00:00
Bill Gates recommended three elements to build a poverty-free world by 2035, which are: digital revolution, vaccine and innovation of improved seeds. Of these, digital revolution will develop IT-based economies around the world and will play the lead role in...
M Jalal Hussain | 2015-02-24 00:00:00
The minimum requirement of all human beings irrespective of age, race or gender, is to live in a place wherever he or she does, in peace and tranquility. With technology playing a dominant role these days in bequeathing prosperity to...
Abdul Bayes | 2015-02-24 00:00:00
Rural households in Bangladesh move up and down the poverty line owing mostly to different types of shocks. For the first few decades after independence, natural shocks captured news headlines but of late man-made shocks have overtaken natural shocks. For...
Hasnat Abdul Hye | 2015-02-24 00:00:00
To begin with, the United Kingdom (UK) was reluctant to join the European Union (EU), known as European Economic Co-operation (EEC) in its earlier incarnation. The original nomenclature was of course, the European Coal and Steel Union, the brainchild of...
Talha Bin Habib | 2015-02-23 00:00:00
The government has planned to save the country's agricultural land from being used for non-agricultural purposes. To push the initiative forward the ministry of land (MoL) formed a committee that would draft a law by incorporating new issues in it...
Shamsul Huq Zahid | 2015-02-23 00:00:00
The government spends billions of taka annually on account of subsidies. Bulk of the same is spent in the form of incentives to exporters and support, both in cash and kind, to the poor and marginal farmers and the underprivileged...
M. Serajul Islam | 2015-02-23 00:00:00
President Barack Obama was heavily criticised at home and abroad when he failed to show solidarity with world leaders that had gathered in Paris last month against violent religious fundamentalism that led to the terrorist attacks on the Hebdo journalists....
Syful Islam | 2015-02-21 00:00:00
A key government official last week visited Matarbari in Moheshkhali upazila of Cox's Bazar to get an idea whether the area can be selected for the proposed deep-sea port, sources said. Chief Executive Officer (CEO) of Deep-Sea Port Cell Captain...
Shamsul Huda | 2015-02-21 00:00:00
BWDB has selected Brahmaputra-Jamuna channel for river training at first, among 26 rivers, selected for the work under a massive plan. Based on successful execution of a pilot project on capital dredging last year, BWDB has selected the heavily silted-up...
Rezaul Karim | 2015-02-21 00:00:00
The disruption in kitchen market monitoring has led to a rise in prices of some key items amid the ongoing transportation blockade coupled with frequent hartal calls. "Presently no law-enforcer is available for conducting the kitchen market monitoring in the...
Babul Barman | 2015-02-21 00:00:00
Stocks returned to the red last week that ended Thursday after previous week's sharp gain as worried investors booked some profit amid prolonged political turmoil. Brokers said that the investors remained concerned over country's macro-economic landscape, hit hard due to...
Asjadul Kibria | 2015-02-21 00:00:00
February is the month of books in Bangladesh. The month-long Bangla Academy book fair, Amar Ekushey Grontho Mela, is the annual event for which all book lovers wait throughout the year. Thus, Ekushey book fair becomes the centre of the...
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