DSE, CSE open optimistic

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hour of trading on Tuesday, the third trading session of the week. After first the 30 minutes of the day’s trading, DSEX, the prime...

NBFIs\\\' NPLs soar 52pc in H1

The volume of non-performing loans (NPLs) of the country's non-banking financial institutions (NBFIs) shot up by nearly 52 per cent in the first half (H1) of the current calendar year, mainly due to poor recovery, officials said. The amount of...

GSP: So near, yet so far

The outcome of the recent visit to Dhaka by Assistant US Trade Representative Mr. Michael Delaney was a disappointment for the government, especially the ministry of commerce. Given the mood and direction of US policy, the outcome should not have...

Integrating informal sector into the formal economy

The informal sector or informal economy is a phenomenon which is an integral part of the economy as a whole. This sector is neither taxed, nor monitored by any government agency. Various activities that are engaged in the informal economy...

Cost and returns in agriculture

Costs and returns are important considerations in day-to- day in all fields including agriculture. This is because farmers all over the world are assumed to be rational - maximising profits and minimising costs. The general perception is that farmers in...

Stocks return to green

Stocks returned to green on Monday, a day after steep fall, as investors went on late hours buying on large cap stocks. The market opened with a downturn, maintaining the previous session’s negative note, but late hours buying on heavyweight...

Stocks stumble at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed negative trend in early hour of trading on Monday, maintaining the previous day’s downturn. After the first 30 minutes of trading, DSEX, the prime index of the DSE,...

Move to review progress on execution of decisions

The government has moved to review the progress on implementation of decisions taken during the visit of Indian Prime Minister Narendra Modi in June last, officials said. The Prime Minister's Office (PMO) asked recently the ministries and departments concerned to...

Separate cell in NBR to compile data on capital flight

The revenue board is planning to form a separate income tax cell that would monitor the incidence of money laundering, compile data on capital flight and scrutinise the income of individuals holding dual citizenship. The cell will ensure exchange of...

Further fall in remittances feared as Q1 flow dismal

The flow of remittances wired by overseas Bangladeshis slightly fell in the first-quarter (Q1) of the current fiscal year (FY) 2015-16 against the same period of the last fiscal year, the central bank said. The inflow of remittance came down...

Security concerns and cricket

In its explanation for postponement of the tour of Bangladesh by the Australian cricket team due to begin early this month, the cricket authority there, Cricket Australia (CA), pointed out security concerns. Both the Australian Security Intelligence Organisation (ASIO) and...

Tightrope walk for banks

Erosion in both lending and deposit rates of banks has been on for many months mainly because of poor demands for funds from the private sector. The average interest rate spread came down to below 5.0 per cent in March...

Global economy at sixes and sevens

Even at the present stage of globalization, the global economy is not a monolithic entity. In spite of integration through trade and capital flows (and to some extent movement of labour), it remains a conglomeration of national economies. Starting from...

Stocks, turnover decline on DSE

Stocks plunged on Sunday, the opening day of the week, with turnover dipping below Tk 4.0 billion-mark again as investors went on selling spree. The market opened slightly lower and the downturn continued as the session progressed. DSEX, the prime...

DSE, CSE down at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in early hour of trading on Sunday with choppy trading, the first trading day of the week. After the first 30 minutes of the day’s trading,...

BB in a fix over taxing gains on Islamic bond

The central bank has sought revenue board's direction in resolving complexities over deduction of upfront tax on proceeds from Islamic bond, as the authorities are caught in a quandary in deciding the calculation methodology. Officials said the debt-management wing of...

Erdogan faces tough EU talks on refugees, Syria

Turkish President Recep Tayyip Erdogan meets EU leaders Monday but they will find it hard to bridge gaps on the migrant crisis and the Syrian war that has produced so many of the refugees they must both deal with, analysts...

Nobel gold medals, diplomas end up on auction block

No need to make peace in the Middle East, resolve one of science's great mysteries or pen a masterpiece: the easiest way to get yourself a Nobel prize may be to buy one. In the 114 years since the Nobel...

For many families in Portugal, economic crisis has not ended

She used to be a hairdresser with a mortgage on a spacious apartment in Porto, Portugal's second-largest city and the birthplace of port wine. Now Ana Paula, 48, and her husband Belmiro Silva are out of work, and they are...

SDGs need sustainable delivery mechanisms

Though not uttered pointedly, what the world leaders declared from New York is a manifesto for resettling the human race in a global village with a shared destiny. The dreamland would be devoid of poverty and hunger, inequality and environmental...

Nairobi calling: WTO to deliver

The year, 2015, is quite a busy year for the global leaders. They, along with their respective teams, have already spent huge time and energy for attending and contributing to a series of important international conferences. The summits or conferences...

Five held in Rangpur over Konio murder

Police on Saturday arrested five persons from different areas of Rangpur city and Kawnia upazila over the murder of a Japanese national at Alutari in Kawnia upazila. Masked assailants gunned down Hoshi Konio, 66, at Alutari village, five kilometres off...

Review of charge for pvt oil importers gets going

The government has initiated the process of rationalising the service charge for private importers on their import of furnace oil following the fall in prices of petroleum products in the global markets, officials have said. An eight-member committee has been...

City’s bus operating system needs major reforms: Study

A study has recommended bringing about major reforms of the existing bus operating system in the city for getting benefit from investment of billions of taka in the mass transit system. Traffic experts say minimum investment of Tk 500 billion...

India slightly relaxes jute import conditions

India has slightly softened conditions recently imposed on import of jute and jute goods from Bangladesh as the latter has repeatedly expressed its concern over the issue, officials have said. A new notice has exempted jute importers from collecting no...

NBR decides to recheck top taxpayers\\\' financials

The National Board of Revenue (NBR) has intensified audit activities for a recheck of the financial statements submitted by top taxpayers, both corporate and individual, against the backdrop of its target failure.     Officials said the select taxpayers have been divided...

Stocks end flat with choppy trading

Stocks closed flat last week that ended Thursday with thin participation of investors. They were cautious ahead of third-quarterly earnings declaration. Analysts said the market participation remained poor as the investors are yet to shake off holiday mood, the first...

Oral language assessment in Bangladeshi secondary schools

Assessment plays a very significant role in the development of students' English language. In Bangladesh, there is a big gap between the curriculum guidelines and that of assessment practices in the schools. This is why most students fail to achieve...

Banning exam system for admission in medical colleges

It is a shame for the doctors of Bangladesh that Rapid Action Battalion (RAB) force arrested seven members, out of them three are government doctors and rest of them teachers in Rangpur, over medical admission test question paper leak. "Total...

In praise of Eid hangover

There is nothing wrong with Eid hangover. After all, people passing hectic and stressful life full of anxieties in the cities or towns want to avoid the same routine as long as they can. They know there is no respite...