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Impaired or double vision?

Nilratan Halder | 2014-07-05 00:00:00

The matches of the World Cup football have lately been scheduled for 10 pm and 2.0 am. There is no problem of the first match's timing but it is not so with the ones held at the small hours. Earlier...

Inward remittances fall after 13 yrs

Siddique Islam | 2014-07-04 00:00:00

The flow of inward remittances recorded a fall after 13 years in the just concluded fiscal year (FY) 2013-14 due mainly to political turmoil and static trend of manpower export, officials said. The inflow of remittances declined by 1.61 per...

Digital monitoring of ship movement in port delayed

Syful Islam | 2014-07-04 00:00:00

The ministry of shipping (MoS) has detected irregularities in the implementation of the Vessel Traffic Management Information Systems (VTMIS) project. These have caused delay in digitally monitoring ship movement in Chittagong port's water area, sources said. An intelligence agency of...

Secy-led 9-man committee to facilitate Japanese investment

Abul Kashem | 2014-07-04 00:00:00

The government has formed a high-powered committee to look into some issues relating to infrastructure and creation of other facilities for attracting more Japanese investment in the country.    Headed by Abul Kalam Azad, Senior Secretary in the Prime Minister's Office...

Govt to raise safety measures for launch passengers in Eid

Talha Bin Habib | 2014-07-04 00:00:00

The government will gear up safety measures for the homebound launch passengers during the upcoming Eid-ul-Fitr festival, and the authority concerned is taking necessary preparations in this regard, a high official said.    To this effect, the state-owned Bangladesh Inland Water...

MoC seeks spl allocation for big projects from next fiscal

Munima Sultana | 2014-07-04 00:00:00

 The ministry of communication (MoC) has sought a special allocation for its seven big projects like the Padma Bridge from the next fiscal to tide over the difficulty with distribution of funds for ongoing projects. The ministry finds it hard...

When low end of economy pulsates

Nilratan Halder | 2014-07-04 00:00:00

If the month of Ramadan is a time for self-abnegation, its all-inclusive impact on the population far surpasses most people's imagination. When the number of rickshaw-pullers in the cities and towns, particularly in the capital, goes up, according to conservative...

Revenue from DSE marks 21 per cent rise

Babul Barman | 2014-07-04 00:00:00

The government revenue earnings from the Dhaka Stock Exchange (DSE) marked 21 per cent rise year-on-year in the just-concluded fiscal year (FY) as the trading volume was on the rise. The government bagged tax worth around Tk 1.54 billion in...

No headway to lower rate of int’l incoming call termination

Mohammad Ali | 2014-07-04 00:00:00

Telecom regulator's recommendation to lower the rate of international incoming call termination has apparently remained blocked under the bureaucratic red tapes, according to the sector insiders. For the last couple of months, letters were being exchanged between the regulator and...

Stocks edge lower for 3rd day

FE Online Report | 2014-07-03 00:00:00

Stocks closed in the red for 3rd straight session on Thursday as investors followed cautious stance amid profit taking tendency. The market started with a positive note, but could not sustain as late hour sell pressure wiped off early gain,...

Stocks edge lower for third day

FE Online Report | 2014-07-03 00:00:00

Stocks closed in the red for third straight session on Thursday as investors followed cautious stance amid profit taking tendency. The market started with a positive note, but could not sustain as late hour sell pressure wiped off early gain,...

DSE, CSE open positive

FE Online Report | 2014-07-03 00:00:00

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Thursday, the last trading day of the week. DSEX, the prime index of the...

Inertia grips SoEs in offloading shares

Syful Islam and Mohammad Mufazzal | 2014-07-03 00:00:00

The government decision to offload shares of state-owned enterprises (SoEs) under an economic reform recipe has yet to be followed up with tangible progress despite repeated directives from the high-ups, official sources have said. At least 15 out of the...

Transport owners to pay higher tax

Doulot Akter Mala | 2014-07-03 00:00:00

The government doubled the tax from 10 per cent to 20 per cent on commercially-run vehicles in the current fiscal year, which may have a cascading impact on road travel and haulage. Revenue officials said the tax would be considered...

MRA to assess input of microcredit to GDP

Ismail Hossain | 2014-07-03 00:00:00

The Microcredit Regulatory Authority (MRA) is planning to assess the contribution of microcredit to the gross domestic product (GDP), as the regulator thinks that there is no authentic and in-depth research about the microfinance input to the economy. The 37th...

DSE sees significant jump in portfolio investment in June

Babul Barman | 2014-07-03 00:00:00

The foreign investment in the Dhaka Stock Exchange (DSE) marked a significant jump in June compared to May 2014 as overseas investors injected fresh funds into fundamentally strong stocks. Easing of political tension and favourable macro economic indicators attracted foreign...

World Cup 2014 awaits more surprises

Maswood Alam Khan from Maryland, USA | 2014-07-03 00:00:00

Football fans and players after living through tears and smiles are now heading to ride a turbulent roller coaster of breathless emotions as the eight teams are about to wage a World War from Friday with intense excitement, fervour, energy...

Give us jobs, not rock songs, say Indonesia\\\'s young voters

Eveline Danubrata and Heru Asprihanto of Reuters in Jakarta | 2014-07-03 00:00:00

To attract Indonesia's army of young voters, one presidential candidate is hoping a Two Finger Salute will do the trick. It's a song by top Indonesian rock band Slank, and refers to the serial number two on the ballot paper...

Ensuring transparency and accountability in the financial sector

Abu Sayed Md. Shaykhul Islam | 2014-07-03 00:00:00

The era of self-regulation of the financial audit profession in America and Europe came to an end following bad things done by the big corporate giants like Enron, WorldCom, Tyco, Adelphia, Sunbeam etc. in the beginning of this century. Stakeholders...

Let the laggards dream

Abdul Bayes | 2014-07-03 00:00:00

In connection with a profile on village transformation, we visited Parandah. The village is under Satkhira district. Given the most recent turmoil there that shocked the nation, the choice for Satkhira was not appreciated by many of our well-wishers. But...

Afghanistan: Will democratic transfer of power be possible?

Zaglul Ahmed Chowdhury | 2014-07-03 00:00:00

The preliminary result of the June 14 run-off of Afghanistan presidential election, which was scheduled to be announced on Wednesday, was postponed on Tuesday at a short notice. The country's election commission said that this was done to allow ballots...

Focus on the developmental goals of central banks

Shah Md. Ahsan Habib concluding his two-part article on the 17th World Congress of the International Economic Association (IEA) | 2014-07-03 00:00:00

It was nice to hear appreciation of policy machinery of one's own country in a global forum especially when it happens to be a prestigious platform of the World Congress of the International Economic Association (IEA). On June 08, 2014,...

Over 1,000 RMG factories face unrest ahead of Eid

Shah Alam Nur | 2014-07-03 00:00:00

Garment manufacturers have identified over 1,000 factories that risk labour unrest ahead of the Eid-ul-Fitr over payment of wages and festival allowances. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the apex trade body of the apparel makers, identified the...

Stocks down amid lower turnover

FE Online Report | 2014-07-02 00:00:00

The first trading day of this fiscal year closed lower Wednesday as investors continued to book short-term profit on selected stocks amid cautious transactions. DSEX, the prime index of the Dhaka Stock Exchange (DSE) -- ended at 4,466.62 points, shedding...

Stocks see upward trend at opening

FE Online Report | 2014-07-02 00:00:00

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Wednesday. DSEX, the prime index of the DSE went up by 10.99 points or...

NBR tax rates on land transfer revised upward

Doulot Akter Mala | 2014-07-02 00:00:00

The National Board of Revenue (NBR) has finalised new tax rates for transfer of land across the country. However, the board has increased the tax rates on posh and commercial land in major urban centres substantially. The new tax rates...

Why should BSC pay more?

Shamsul Huq Zahid | 2014-07-02 00:00:00

The largely state-owned Bangladesh Shipping Corporation (BSC) has, reportedly, signed a commercial deal with a Chinese firm to procure three bulk carriers and three oil tankers. Each of the bulk carriers, having a capacity of 36000 DWT (deadweight tonnage), would...

PCBs\\\' operating profits show uptrend in H1

Siddique Islam | 2014-07-02 00:00:00

The operating profits of the country's private commercial banks (PCBs) showed an upward trend in the first half (H1) of the current calendar year (2014). According to the bankers, the profits increased, as interest rates on deposits were lower than...

Tobacco, tax increase and tobacco industries: A conundrum

Md Jamal Hossain | 2014-07-02 00:00:00

Recently, people raised the demand that the government should raise the tax on tobacco to such an extent that higher tax compels people to lower consumption of tobacco products. Some strongly supported this step and expressed highly optimistic view that...

Sushma Swaraj\\\'s visit to Dhaka

Syed Jamaluddin | 2014-07-02 00:00:00

The June 25-27 visit of the Indian External Affairs Minister Sushma Swaraj to Bangladesh has set the tone of bilateral relations between the two countries under the new political dispensation in New Delhi.    It has been agreed that the two...