Doulot Akter Mala | 2015-01-08 00:00:00
A number of taxpayers are using fake e-TINs or TINs of others in their bid to hoodwink the taxmen apparently to escape hassles and expenses associated with paying taxes, sources have said. The National Board of Revenue (NBR) has identified...
Mohammad Ali | 2015-01-08 00:00:00
Audit and assurance quality of majority firms engaged in auditing the financials is not up to the mark, sources said, as questions cropped up over the certification standards of many companies' financial statements. Experts in this job say that the...
M. Serajul Islam | 2015-01-08 00:00:00
The recent (December 27-29, 2014) visit of the Chinese Foreign Minister Wang Yi to Bangladesh was an important one not just in terms of Bangladesh's relations with the world's number 2 economic power but also in terms of its impact...
Maswood Alam Khan | 2015-01-08 00:00:00
A retiree dreams to pass his leisure time listening to music of his choice sitting in his living room or to the rustling sounds of a of summer wind sitting in a garden. Taking a tea or a coffee is...
Shihar Aneez and John Chalmers of Reuters in Colombo | 2015-01-08 00:00:00
In a measure of how far presidential election on January 08 (Thursday) in Sri Lanka has become a knife-edge contest, diplomats here have been checking the rules in case of a dead heat: according to a 1981 act, the rival...
Paul Lienert of Reuters in Las Vegas | 2015-01-08 00:00:00
Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled January 05 evening at the annual Consumer Electronics Show in Las Vegas. "Anyone who focuses solely on the technology has not...
Vladimir Soldatkin of Reuters in Moscow | 2015-01-08 00:00:00
Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 per cent helped by small non-state producers, Energy Ministry data showed on January 2. Oil and gas condensate production in...
Doulot Akter Mala | 2015-01-07 00:00:00
Tax authorities will install 'data forensic laboratory' next month to detect tax evasion through paperless accounts system of the corporate taxpayers. The lab is set to start its operation from February at the Central Intelligence Cell (CIC) with advance devices...
Shamsul Huq Zahid | 2015-01-07 00:00:00
Two important issues concerning inflow and outflow of remittance were brought to the fore last Sunday. A Bengali business daily, quoting an International Labour Organisation (ILO) report, said remittances worth in between $4.3 billion and $5.7 billion are being sent...
Munima Sultana | 2015-01-07 00:00:00
The basic design of the capital's metro rail project is expected to get approval of the fast track monitoring committee meeting today (Wednesday), paving the way for its speedy implementation. Officials said the Dhaka Mass Rapid Transport Development (DMRTD) project...
Rezaul Karim | 2015-01-07 00:00:00
The foreign missions have come under government's close watch aiming to expedite and complete the Machine Readable Passports (MRP) to Bangladeshi expatriates before the global deadline expires, officials said. Under the move, a taskforce of the ministry of foreign affairs...
Saleh Akram | 2015-01-07 00:00:00
The RMG sector of Bangladesh has set itself an export target of $50 billions by 2021. The target appears slightly ambitious and quite a few people are sceptical about its attainability. In the backdrop of pronounced scepticism of some quarters,...
Md Abdul Halim | 2015-01-07 00:00:00
The Pay and Service Commission has recommended an increase in salary of public servants by 100 per cent on an average. Its full implementation would raise the government spending on salary and allowance by 63.7 per cent. According to the...
Syed Jamaluddin | 2015-01-07 00:00:00
Hartal at the beginning of the year does not augur well for the economy. The Bangladesh Bank (BB) has indicated the prospect of high inflation. Investment is already in jeopardy because of high interest rates. Banks have a lot of...
M. Aminul Islam Akanda | 2015-01-07 00:00:00
The price of fuel oil is in a free fall in the international market after four years of stability. Brent crude oil came below $60 a barrel in December, 2014, from $115 in June 2014. This large fall is not...
Reuters’ Fayaz Bukhari in Srinagar and Katharine Houreld in Islamabad | 2015-01-07 00:00:00
Pakistan accused India of killing four civilians on the border of the two nuclear powers and India said one of its border guards was killed, heightening tensions before a visit by U.S. President Barack Obama. India said its forces had...
Sui-Lee Wee of Reuters in Beijing | 2015-01-07 00:00:00
China has protested to the United States after Taiwan's de facto embassy in Washington hoisted a Taiwanese flag on New Year's Day, and urged the United States to respect the "One China" policy, the foreign ministry said on January 5....
Kay Johnson of Reuters in Kabul | 2015-01-07 00:00:00
US Army Major Eric Lightfoot, serving at a remote outpost in eastern Afghanistan, knows NATO has its work cut out to prepare local forces to go it alone against Taliban insurgents once its training mission ends in two years' time....
Bryan Early of Reuters in Tokyo | 2015-01-07 00:00:00
Responding to the cyber attack against Sony, the US government recently issued new sanctions against North Korea. There are few reasons to be optimistic that this newest round of sanctions will change Pyongyang's behavior. Like Cuba and Iran, the country...
Jeb Blount and Anthony Boadle of Reuters in Brasilia | 2015-01-07 00:00:00
When federal investigators first identified signs of corruption at Petrobras in 2009, Dilma Rousseff insisted Brazil's state-run oil company had nothing to hide. "Petrobras has one of the most accurate accounting standards in the world," said Rousseff, who was then...
Shah Alam Nur | 2015-01-07 00:00:00
Country's readymade garment industry faces a number of challenges in 2015, compliance with western consumer standards and fresh political fracas being among major ones, sector-insiders said. Restoring the GSP facility on the US market and finding new export markets for...
Siddique Islam | 2015-01-06 00:00:00
Bangladesh Bank is set to gear up its activities to curb the illicit outflow of funds through establishing a separate wing, as the financial offence called 'capital flight' accelerates. The new combat wing of the BB will be created under...
Shamsul Huda | 2015-01-06 00:00:00
An inter-ministerial meeting recently turned down a proposal of framing separate building construction rules for the areas under the Local Government Engineering Department (LGED), officials said. The LGED had earlier sent a proposal to the Ministry of Housing and Public...
Neil Ray | 2015-01-06 00:00:00
Dr Richard Smith, a former editor of the British Medical Journal (BMJ), has virtually exploded a bombshell by making a contentious claim. His suggests that it is wise to 'stop wasting billions trying to cure cancer'. Because, he thinks, 'it...
Abdul Bayes | 2015-01-06 00:00:00
The fisheries sector contributes about 5.0 per cent of the gross domestic product (GDP) and employs 9.0 per cent of the labour force of the country. There was a time when the fisheries sector at large was ignored for production...
Sharjil M Haque from Washington D.C., USA | 2015-01-06 00:00:00
Ever since global oil price started dipping to the bottom, analysts and experts all around the world have pointed out how it is a boon for world economy. According to Olivier Blanchard, chief economist at the International Monetary Fund (IMF),...
Babul Barman | 2015-01-06 00:00:00
The government's revenue earnings from the Dhaka Stock Exchange (DSE) fell further by 36.68 per cent in December compared to November, 2014 as trading volume was on the decline. The government bagged tax worth Tk 112.90 million in December against...
Rezaul Karim | 2015-01-06 00:00:00
The government has fixed per capita consumption and country's demand for nine key essentials for next seven fiscal years aiming to implement its vision-2021, officials said. The household consumption of food items are: edible oil, sugar, onion, lentil, gram, ginger,...
Ismail Hossain | 2015-01-06 00:00:00
The Micro-credit Regulatory Authority (MRA) will hold a meeting with stakeholders on January 11 to discuss launching of Lead MFI (micro-finance institution) System to coordinate poverty-reduction programmes at grassroots level. The MRA has recently taken the initiative to launch the...
Syful Islam | 2015-01-06 00:00:00
Bangladesh will seek from Malaysia similar trade benefits the latter has offered to other members of the ASEAN (Association of Southeast Asian Nations), officials said. Besides, duty-free access of all products will also be sought during the Dhaka visit of...
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