Strict financial reporting act to help broaden the depth of stock market

The stock market regulators should go for positive reinforcement in terms of further tax advantage and tax holiday and minimize the chance of earning manipulation by introducing strict financial reporting act that will cover both non-listed and listed companies. "I...

\\\'Bureaucratic tangles hinder atar export\\\'

Export of agar atar, a new potential exportable item, has remained suspended for last three months due to some procedural complexities, putting shipment target this fiscal year at risk, sector insiders said. They said delay in issuing export certificates, difficulties...

Now comes Project Preparatory Fund

The government is now working on fixing modalities for the formation of Project Preparatory Fund (PPF) that will complete preliminary activities before the launch of projects, officials said. A high official of the finance ministry said the Ministry of Planning...

Confronting the coming liquidity crisis

This month, Group of Twenty (G-20) leaders will meet in Antalya, Turkey, for their tenth summit since the 2007 global financial crisis. But, despite all of these meetings -- high-profile events involving top decision-makers from the world's most influential economies...

Sanchayapatras facilitate welfare of millions

This refers to a recently-published article styled as "Sanchayapatra- A Trojan horse" (not in the FE) by B P Paul, Chief Economist of the Bangladesh Bank. It has been argued that good sale of savings certificates is an anathema to...

The wealthiest vs. the richest

The list of 20 wealthiest countries in terms of private wealth held by individuals has just been published. Johannesburg-based The New World Wealth, a research consultancy, does the tracking of the global wealth sector. So far as the finding is...

When \\\'gifts\\\' are questionable

The taking of motor vehicles as 'gifts' from private parties by different police stations and building of 'police boxes' at busy intersections of the city by business firms in major cities, including capital Dhaka, for on-duty police personnel have become...

Confronting the coming liquidity crisis

This month, Group of Twenty (G-20) leaders will meet in Antalya, Turkey, for their tenth summit since the 2007 global financial crisis. But, despite all of these meetings -- high-profile events involving top decision-makers from the world's most influential economies...

Sanchayapatras facilitate welfare of millions

This refers to a recently-published article styled as "Sanchayapatra- A Trojan horse" (not in the FE) by B P Paul, Chief Economist of the Bangladesh Bank. It has been argued that good sale of savings certificates is an anathema to...

The wealthiest vs. the richest

The list of 20 wealthiest countries in terms of private wealth held by individuals has just been published. Johannesburg-based The New World Wealth, a research consultancy, does the tracking of the global wealth sector. So far as the finding is...

When \\\'gifts\\\' are questionable

The taking of motor vehicles as 'gifts' from private parties by different police stations and building of 'police boxes' at busy intersections of the city by business firms in major cities, including capital Dhaka, for on-duty police personnel have become...

European ministers praise BD’s dev at Luxembourg meet

Foreign Minister Abul Hassan Mahmood Ali met a number of his European counterparts on the sidelines of the Asia-Europe Meeting (ASEM) foreign ministers’ meet in Luxembourg. The ministers appreciated sustained progress in Bangladesh, particularly in terms of development of energy...

‘Developed countries destroying climate equilibrium’

Lack of institutional capacity in climate change finance governance is the greatest challenge for countries like Bangladesh to get access to the Green Climate Fund (GCF) to cope and adapt with the effects of climate change. Speakers at a daylong...

DSEX dips below 4,500-mark

Stocks witnessed yet another bearish session on Sunday, extending the losing spell for the third straight sessions with key index of the prime bourse dipping below the 4,500-mark as investors' selling frenzy continued. The market opened with a downbeat note...

Taiwanese business couple attack suspect grilled

A Dhaka court has granted police three days to grill ‘Jahangir’, suspected of involvement in the attack on a Taiwanese business couple in Uttara. Chief Metropolitan Magistrate Emdadul Haque granted the questioning after rejecting Jahangir’s bail petition on Saturday afternoon....

DSE, CSE down at opening

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw downward trend in early hour of trading on Sunday, the opening session of the week. DSEX, the prime index of the DSE, went down by 11.61 points or 0.25...

NBR detects Tk 26b VAT evasion by BPC, cos under it

Authorities are upbeat about the prospect of recouping the initial revenue shortfall as taxmen discovered, in their current search for defaults, a stash of unpaid VAT with the state-owned oil marketing companies.     Officials said the National Board of Revenue (NBR)...

Global Nutrition Report 2015: A clarion call for action

This writer was on his way to attend the launching ceremony of the Global Nutrition Report 2015. It was arranged by the International Food Policy Research Institute (IFPRI) on  November 04, 2015.  The car had to stop for a while...

What to do about debt

Over the last few months, a great deal of attention has been devoted to financial-market volatility. But as frightening as the ups and downs of stock prices can be, they are mere froth on the waves compared to the real...

Two up, two down

At first sight the first news cheered us up somewhat while the second created a dash of despair, cancelling the feel-good effect engendered by the first. The two news items on business environment in the country prepared by the World...

Global Nutrition Report 2015: A clarion call for action

This writer was on his way to attend the launching ceremony of the Global Nutrition Report 2015. It was arranged by the International Food Policy Research Institute (IFPRI) on  November 04, 2015.  The car had to stop for a while...

What to do about debt

Over the last few months, a great deal of attention has been devoted to financial-market volatility. But as frightening as the ups and downs of stock prices can be, they are mere froth on the waves compared to the real...

Two up, two down

At first sight the first news cheered us up somewhat while the second created a dash of despair, cancelling the feel-good effect engendered by the first. The two news items on business environment in the country prepared by the World...

Draft deal on 2nd LoC likely to be finalised this month

Dhaka and Delhi will sit later this month to finalise the draft agreement on the proposed US$ 2.0 billion worth of Indian Line of Credit (LoC), paving the way for assistance for Bangladesh, officials said. The official level meeting, scheduled...

Non-compliance surfaces again

A section of CNG-run auto rickshaw drivers and owners is not complying with revised fares and rents due to lack of proper enforcement and monitoring by the authorities concerned. Many owners of CNG-run auto-rickshaws have already been charging their drivers...

ADB indicates funding of Dhaka metro rail

The Asian Development Bank (ADB) has come up with US$ 1.0 billion investment proposal for constructing a new metro rail in the city. But the bank wants to conduct studies of its own prior to committing the fund, official sources...

Stuck-up goods disrupt Ctg port operations

A large volume of goods, some stuck for 15 years, occupying significant spaces of the Chittagong port area, are disrupting operational activities of the country's prime seaport, officials have said. Until September last, some 63,000 tonnes of such goods had...

Capital machinery import also up in Q1

The import of capital machinery recorded a fair growth in the first quarter (Q1) of the current fiscal year (FY) though country's overall imports slowed. The actual import of all commodities, in terms of settlement of letters of credit (LCs),...

Fonterra to make foray into BD dairy industry

Fonterra, a globally renowned dairy products giant of New Zealand, is now eyeing to invest in Bangladesh's dairy sector considering its potential, officials said. To this end a high-powered delegation of Fonterra is expected to visit the country early next...

Stocks see bearish mood for five weeks

Stocks extended their losing spell for the five weeks in a row that ended Thursday as concern over security and political front kept the investors in gloomy mood. Analysts said deadly attacks on secular publishers and killing of a policeman,...