Shamsul Huda | 2015-02-03 00:00:00
Cost of constructing 30-kilometre flood embankment-cum-road (Eastern Bypass) has increased by 86 per cent to Tk 112.77 billion from Tk 600 million earmarked earlier, officials said. Water Development Board (WDB) sources said the government has included the Eastern Bypass project...
Shah Alam Nur | 2015-02-03 00:00:00
The Department of Explosives (DoE) is set to launch a crackdown soon on the manufacturing units using compressed natural gas (CNG) cylinders illegally, as it bears risks of accident, officials said. They said the move has been taken to protect...
Ahsan H. Mansur concluding his three-part paper titled \'Foreign currency regulations and implications for private investment\' | 2015-02-03 00:00:00
International experience indicates that capital account liberalisation is most successful when the process is continued in a good macroeconomic and strong BOP (balance of payment) environment. Our preliminary assessment is that, based on traditional indicators for strengthened external position, Bangladesh...
Gopal Sengupta | 2015-02-03 00:00:00
On the 26th day of countrywide shutdown and blockade, a retired police officer, along with three members of his family, sufferred burn injuries as shutdown and blockade supporters threw petrol bombs/Molotov cocktails at a public bus in Dhaka last Thursday....
M. Serajul Islam | 2015-02-03 00:00:00
The Egyptian and Palestinian Ambassadors in Dhaka called for banning political parties that use violence to further their political ends, according to media reports that quoted the Bangladesh Foreign Minister. Some papers that covered this news also reported that the...
Siddique Islam | 2015-02-02 00:00:00
Overall imports made by the country in the first half (H1) of the current fiscal year (FY) 2014-15 grew over 10 per cent. This is due mainly to higher import of capital machinery that goes for setting up industries, according...
Doulot Akter Mala | 2015-02-02 00:00:00
The apex trade body has prepared a list of bottlenecks that are restricting the export of various products from Bangladesh to India, seeking a remedy from an upcoming joint meeting of customs in Delhi. Inadequate border infrastructure, local duties in...
Shihar Aneez of Reuters in Colombo | 2015-02-02 00:00:00
A day after taking over as governor of the Central Bank of Sri Lanka, Arjuna Mahendran said interest rates can be reduced below current record lows once inflationary expectations flatten out, and called for an overhaul of the tax system...
Douglas Busvine and Devidutta Tripathy of Reuters in New Delhi/Mumbai | 2015-02-02 00:00:00
India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches. The clock is...
Asjadul Kibria | 2015-02-02 00:00:00
Bangladesh becomes the world's 28th country producing biotech crops by introducing commercial production of 'Bt Brinjal' (eggplant) last year. International Service for Acquisition of Agri-Biotech Applications (ISAAA), in its latest brief report on commercialisation of biotech crops, revealed the information....
Ahsan H. Mansur in the second of his three-part paper titled \'Foreign currency regulations and implications for private investment\' | 2015-02-02 00:00:00
The main reasons for the private sector to seek foreign loan is the interest rate differentials between foreign currency-denominated (international) borrowing and taka-denominated borrowing from domestic banks. Interest rates charged on foreign currency-denominated loans provided to the private sector are ...
Shamsul Huq Zahid | 2015-02-02 00:00:00
The Bangladesh Bank (BB) last week announced a corporate debt restructuring (CDR) policy that aims at extending help to big borrowers in distress. That such a policy would soon be announced was in the air for the past few months....
Shah Alam Nur | 2015-02-01 00:00:00
More than 0.12 million job-seekers were smuggled out of the country in last one year through sea routes. Human traffickers, many of them are also hundi traders, have found the sea route the easiest and safest way of carrying out...
Ahsan H. Mansur in the first of a three-part paper titled \'Foreign currency regulations and implications for private investment\' | 2015-02-01 00:00:00
Bangladesh has been very slow and cautious in opening up of its capital account transactions including private sector borrowing in foreign currency from abroad. The foreign borrowing market in Bangladesh was highly controlled and virtually non-existent even a decade ago...
Rezaul Karim | 2015-02-01 00:00:00
The Bank and Financial Institutions Division (BFID) of the Ministry of Finance (MoF) has proposed a new salary structure for the chairman and commissioners of the Bangladesh Securities and Exchange Commission (BSEC), officials said. The proposed salary (total) for the...
Talha Bin Habib | 2015-02-01 00:00:00
The Ministry of Commerce (MoC) will review the performances of market monitoring teams today (Sunday) aiming to keep the prices of essential commodities under control, officials have said. "We will review the performances of our monitoring teams and discuss the...
Salahuddin Ahmed | 2015-02-01 00:00:00
I was talking to one of my professors on skype, when we were discussing about various issues in the USA and especially in Bangladesh. He actually knows about Bangladesh very well and he is very interested in education sector of...
Doulot Akter Mala | 2015-01-31 00:00:00
A probe body has found out the connivance of bank and tax officials in alleged forgery of pay-orders submitted by taxpayers to the national exchequer. Lax monitoring and reluctance of the authorities concerned are largely blamed for the daring defalcation....
Syful Islam | 2015-01-31 00:00:00
The government will soon take a decision on allowing foreign investment in readymade garment (RMG) industry outside the export processing zones (EPZs) without any conditions, a move that has been vehemently opposed by local apparel industry owners. The Ministry of...
Jubair Hasan and Rezaul Karim | 2015-01-31 00:00:00
Apart from causing enormous loss to the economy, the current political turmoil is forcing the government to count an extra cost on the maintenance of law and order in the country, officials said. As such, they said, the government has...
Khairul Islam | 2015-01-31 00:00:00
The university regulator, UGC, has suggested introduction of a unified academic calendar year and similar syllabus for all public and private universities so that students willing to transfer to other universities get their credit hours accordingly. The University Grants Commission...
Babul Barman | 2015-01-31 00:00:00
Stocks extended their losing streak for the third consecutive week that ended Thursday as political uncertainty dampened investors' confidence. The week featured five trading sessions as usual. Of them, four sessions ended lower while one session saw marginal gain. Week-on-week,...
Muhammad Quamrul Islam | 2015-01-31 00:00:00
A veteran Bhashani follower, Momtaz Chowdhury, invited me to attend as guest speaker in the discussion meeting to observe the 46th martyrdom anniversary of Shaheed Asad at conference lounge of National Press Club on January 20, 2015, which I accepted....
M Ashraf Al Haq | 2015-01-31 00:00:00
In an Islamic framework, and also in the entire Muslim history, zakat played a very important and decisive role in shaping the economic system, as zakat is rightly placed in terms of significance and fulfilment, just very next to obligatory...
Nilratan Halder | 2015-01-31 00:00:00
Do the media sensationalise? A few of them certainly do but the majority belonging to the mainstream take a prudent approach even when there is a clear temptation for the same. What is happening in the name of political activism...
Siddique Islam | 2015-01-30 00:00:00
The Bangladesh Bank (BB) will continue its existing 'cautious' monetary policy for the second half (H2) of the ongoing fiscal year (FY) 2014-15 with an aim to maximise economic growth by curbing inflationary pressure on the economy. "The cautious monetary...
Munima Sultana | 2015-01-30 00:00:00
The Roads and Highways Department (RHD) has sought an additional Tk 4.83 billion in the revised annual development programme (RADP) despite slow progress of its majority projects amid continuous blockade programme. Sources said RHD has set a demand of Tk...
Zaidi Sattar in the third of his four-part paper titled \'Trade regulations, trade facilitation and competitiveness\' | 2015-01-30 00:00:00
Trade facilitation (TF) is important for fostering greater trade not only for Bangladesh, but also in the region and the world at large. Trade facilitation would be crucial for the four trade expansion strategies of Bangladesh: (a) export diversification, (b)...
Nilratan Halder | 2015-01-30 00:00:00
A looming fear confronts the 1.4 million examinees of the Secondary School Certificate (SSC) examinations scheduled to be held from Monday, February 2, next. Over the past few years public examinations like the Primary School Certificate (PSC) examinations, the Junior...
Abul Basher | 2015-01-30 00:00:00
The European Union (EU) as a destination market plays a very important role for Bangladesh. There are at least two reasons for this. The first one pertains to the abundance of labour in Bangladesh. Due to this abundance, Bangladesh has...
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