Munima Sultana | 2015-03-20 00:00:00
The authorities concerned have moved to get the Karnaphuli tunnel project approved without completing necessary groundwork, insiders said. Going great guns with it raises doubt over smooth implementation of the project that intends to build a major communications infrastructure, they...
Shamsul Huda | 2015-03-20 00:00:00
Most of the industrial boilers are running without inspections and maintenances causing risks for explosion-led accidents, officials said. According to an official at the ministry of industries (MoI) there are only five inspectors across the country to inspect 8,000 registered...
Asjadul Kibria | 2015-03-20 00:00:00
The United States of America (USA) has suspended the Generalised System of Preferences (GSP), a trade preference for several goods from Bangladesh, one and half years back. The immediate reason behind suspending the GSP privilege for the South Asian country...
Silvia Zaman | 2015-03-20 00:00:00
Money makes businesses move. Usually we take loans from banks and banks provide us with loans for operation of businesses. But banks and financial institutions of our country maintain very complex administrative procedures which are beyond the understanding of many...
Nilratan Halder | 2015-03-20 00:00:00
Dhaka city has been ranking 11th in the list of the world's mega cities for quite some years now. But by 2030 it is all set to become the sixth with the addition of another 10 million to its current...
Mohammad Ali | 2015-03-19 00:00:00
Around 70 per cent of companies allegedly cook their books to evade payment of right amount of taxes to the government. Besides causing loss of revenue to the government, analysts say, such unscrupulous practice corrupts corporate governance and culture. Officials...
Jubair Hasan and Ismail Hossain | 2015-03-19 00:00:00
A strong syndicate has taken control of allotment and leasing process of the token shops in the capital's bus terminals, and thus earning millions of taka every year through various malpractices, officials and traders said. They said the syndicate established...
Mohammad Mufazzal | 2015-03-19 00:00:00
Sixteen textile companies raised more than Tk 12.15 billion from the capital market in three years, ending in February, 2015. The listed textile companies are likely to be the majority, in terms of their number, in the capital market soon...
Shahneela Naheed | 2015-03-19 00:00:00
Lately, I have found myself wondering about the various types of foods/cuisines that are available out there. Every time I open my facebook page I am bombarded with people posting numerous pictures they enjoy at any of the chic restaurants...
Hasnat Abdul Hye | 2015-03-19 00:00:00
There are a number of safety net programmes currently underway in the country. These are meant for the benefit of the old, disadvantaged and poor men and women. Some programmes are specifically designed for the poor while some are targeted...
M. Serajul Islam | 2015-03-19 00:00:00
Iran and the US met in the Swiss city of Lausanne this week to come up with a framework agreement by March 31. This would allow time to both the sides to resolve the Iranian nuclear issue diplomatically. The agreement...
Asjadul Kibria | 2015-03-19 00:00:00
Rise of illicit financial flows (IFF) from the developing countries including Bangladesh becomes a matter of serious concern. Every year developing countries lose at least $660 billion on average due to illegal outflows of financial assets from these countries. These...
Doulot Akter Mala | 2015-03-18 00:00:00
The revenue board and the telecom regulatory authority would sit today (Wednesday) to discuss way out of the long-standing complexities over payment of income tax by the latter. High-ups of the board and the regulator would hold a meeting at...
Shamsul Huq Zahid | 2015-03-18 00:00:00
In the mid-70s, during the days of Congress rule in the Indian state of West Bengal, now known as Paschimbanga, a phrase was coined locally to explain the state of affairs with the state government's workforce. It was something like:...
Ismail Hossain | 2015-03-18 00:00:00
The Anti-Corruption Commission (ACC) has delisted more than 8,000 investigations and cases filed and listed during now defunct Bangladesh Bureau of Anti-Corruption (BBA). In a five-year scrutiny by the ACC since 2010, the anti-corruption watchdog did not find enough reasons...
Shamsul Huda | 2015-03-18 00:00:00
Local pharmaceutical companies' reputation for manufacturing excellence and products' quality help them get approval for export of drugs to the world's highly regulated market. Half a dozen leading pharmaceutical companies have already got approval from United Kingdom Medicines and Healthcare...
Khairul Islam | 2015-03-18 00:00:00
Telecommunications regulator has extended the cut-down rates for international incoming call terminations and revised revenue- sharing structure among the stakeholders, part of its desperate bit to curb 'illegal' VoIP or internet telephony. Reduction of the call rates has a price:...
Syful Islam | 2015-03-18 00:00:00
The government has tagged three conditions to provide utilisation declaration (UD) certificate to foreign-owned garment factories, allowing them to bring raw materials without paying duties, officials said. To obtain the UD certificate, the foreign readymade garment (RMG) units will have...
Badrul Ahsan | 2015-03-18 00:00:00
The government has hiked export prices of 'Jhut', in a move that will offer lifeline for scores of terry towel makers, while boosting supplies for spinning mills, a top export official said. Garment 'Jhut' becomes a major raw materials for...
Sharjil M Haque concluding his two-part article on \'Strategies for Bangladesh Bank\' | 2015-03-18 00:00:00
Since the Asian financial crisis, central bankers in Asia have recognised the intricate link between macroeconomic performance and financial stability. Numerous reforms have since been initiated, which have improved macro-financial linkages in several Asian economies. Regrettably, the story is quite...
Shamsul Huda | 2015-03-17 00:00:00
Work on construction of the Dhaka-Mymensingh four-lane highway can be completed in June if the reduced costs in Contract 4 section are approved in time. About 74 per cent of the work has, however, been completed till now. The 87.18...
Doulot Akter Mala | 2015-03-17 00:00:00
The National Board of Revenue (NBR) has framed a rule for verifying authenticity of e-TINs in a bid to thwart faking Taxpayer Identification Number (TIN) during online return submission. Under the move, the income tax wing of the board has...
Mohammad Mufazzal | 2015-03-17 00:00:00
Many of the companies that entered the capital market during 2011 to 2013 declared lower post-listing dividends than what they had offered before going public. The audit reports of the companies as in their prospectuses and the available information about...
Rezaul Karim | 2015-03-17 00:00:00
Owners of country's 590 CNG-filling stations are in dire straits with their investment worth Tk 30 billion due to prolonged blockade and frequent shutdowns, industry insiders said. "Earlier there was sale worth Tk 57 million to 60 million a day...
Badrul Ahsan | 2015-03-17 00:00:00
Bangladesh is likely to seek duty benefit for products it exports to Vietnam as Dhaka has suffered trade deficit for the last six years, a senior commerce ministry official said. Bangladesh trade officials and diplomats will discuss relaxation of origin...
Shah Alam Nur | 2015-03-17 00:00:00
The nation's dependence on imported baby diaper has started decreasing after local brands seek to outmuscle foreign players. The item is becoming popular across the country as mothers are emphasising on hygiene, convenience and prevention from rashes in babies' skin,...
Md. Abdullah Al Helal | 2015-03-17 00:00:00
Freedom of expression is an inseparable element of a democratic society. Whether a society is democratic or not can be defined by the factor of freedom of expression. Freedom of expression has a special status as a human right because...
Syed Jamaluddin | 2015-03-17 00:00:00
The continuing blockade and hartal have hampered execution of economic programmes. These have resulted in negative economic indicators in most cases. Revenue collection is experiencing a shortfall. Growth in remittances has slowed. Export earnings have shown a declining trend. Imports...
Abdul Matin | 2015-03-17 00:00:00
Speaking to the representatives from 60 nations attending a three-day event on extremism, US President Barack Obama recently said those heading groups like Islamic State and al-Qaeda were not religious leaders but terrorists. He added that the US is "not...
Sharjil M Haque in the first of a two-part article on \'Strategies for Bangladesh Bank\' | 2015-03-17 00:00:00
With political turmoil strangling Bangladesh, economic activity is once again going downhill. The government is already speculating that the budget deficit may rise to around 7.0 per cent of GDP (gross domestic product) this fiscal year - well beyond the...
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