DSE turnover dips below Tk 2 billion-mark

Stocks closed flat in red on Tuesday for the eighth straight sessions with turnover dipped below Tk 2.0 billion-mark once again as investors remained reluctant to make fresh investments. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended...

Allowances of government officials likely to be taxed

The National Board of Revenue (NBR) is considering to impose income tax on allowances of the government officials to make tax treatment equal with the employees of the state-owned entities and autonomous bodies, sources concerned said. The changes might take...

BJP thrives on anti-graft stir of Hazare, Kejriwal

The Aam Aadmi Party, the new anti-graft political party performed disappointingly in the Indian elections as it could secure only four seats in the 543-member Lok Sabha, the lower house of parliament. Contrary to the expectations of the party leaders,...

Agent banking as a tool of financial inclusion

After Independence, Bangladesh has come a long way in ensuring inclusive growth. But there is no room for complacency, when it comes to the state of financial inclusion in our country even after 42 years of Independence. The formal banking...

DSE, CSE open positive

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed upward trend in early hours of trading on Tuesday, after a week-long downturn. DSEX, the prime index of the DSE, went up...

Tanners seek Tk 2.50b at low interest for relocation

Tanners have sought an allocation of Tk 2.50 billion from next budget so that they get loan from banks at lower rate of interest as subsidy, officials said. The Bangladesh Finished Leather, Leather Goods & Footwear Exporters Association (BFLLFEA) sent...

Walton set to install electric, electronic home appliance making plant

Walton Hi-Tech Industries Ltd (WHIL), an arm of Walton, is set to set up the country's biggest electric and electronic home appliances manufacturing plant aiming to capture a big share of the domestic and regional market. The company has bought...

DSE sees year’s lowest turnover

Stocks extended the losing streak for the seventh running sessions on Monday as investors remained reluctant to make fresh investments. DSEX, the prime index of the Dhaka Stock Exchange (DSE) came down below 4,400 points mark after five months and...

Stocks open red amid choppy trading

The country's two bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed negative trend in early hours of trading on Monday, the second trading day of the week. Amid a choppy trading, DSEX, the main index...

CPA ignores JS body\\\'s decision on purchase of equipment for NCT

The Chittagong Port Authority (CPA) is going to buy equipment for New Mooring Container Terminal (NCT) violating the decision of a relevant parliamentary (JS) committee. The committee earlier asked the CPA not to invest from its own fund since the...

Revenue collection marks rise in first nine months

An increased amount of VAT realised from three major corporate sectors has contributed to upward revenue collection growth in the first nine months of the current year. Cement, gas, banks, pharmaceuticals and cigarette companies have paid higher amount of value...

Term lending down, working capital up

Disbursement of industrial term loan declined by nearly 4.0 per cent in the first nine months of the current fiscal year (FY) amid a substantial rise in overall industrial lending. Such a lower disbursement of term lending has been attributed...

Syndicates active in cheating people with false hope of jobs

Syndicates are active to cheat people through offering different kinds of jobs including labourers to the billion dollar Padma Bridge Project although its main construction work is yet to be awarded. Almost every day, the project office is visited by...

The BJP\\\'s victory and Bangladesh

The Awami League (AL) general secretary has called the Bangladesh Nationalist Party (BNP) "ahammaks" for "gloating" at Bharatiya Janata Party (BJP) victory. A senior AL leader has asked the BNP not to jump like goats.  Prime Minister's international affairs adviser...

Lessons from the Indian election

I am opposed to religious fanaticism, be it Islamic, Christian or Hindu. The state has no religion; people living in it may have their own religions. Ipso facto, and on that score alone, I shouldn't have any sympathy for a...

Is RMG becoming unattractive to rural women workforce?

One of the key contributions that the readymade garments (RMG) industry has made over the years is the empowerment of women (some even tend to claim that the industry has liberated the country's womenfolk). The non-governmental organisations (NGOs), with the...

Utilising aid for development

The very truth is that the world we live in is not equally provided with the resources needed. So, the flow of aid from government agencies of developed countries and private organisations goes a long way in supporting the economies,...

DSE turnover dips below Tk 3b mark

The country's share markets extended the losing streak for the 6th consecutive sessions on Sunday with turnover on the prime bourse – the Dhaka Stock Exchange (DSE) – dipping below Tk 3.0 billion mark as investors were reluctant to make...

Stocks stocky in early trading

The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed positive trend in early hours of trading on Sunday, the opening day of the week. DSEX, the prime index of the DSE,...

Indian elections : What is significance of Modi\\\'s massive victory?

On all counts, it has been a great victory for the opposition Bharatiya Janata Party (BJP) and its prime ministerial nominee, Narendra Modi, in the 2014 general elections of India. Undoubtedly, the victory was very much on the cards, but...

Roti machine inventor seeks patronage

Roti, made of atta, is an essential item in the daily menu of poor, middle and even affluent families in Bangladesh. It becomes headache for a housewife when the domestic help does not turn up in the morning, and she...

Tk 2.0b sought for BJMC to help procure jute

The Ministry of Textile and Jute (MoTJ) has sought Tk 2.0 billion in the form of financial assistance for the Bangladesh Jute Mills Corporation (BJMC) to help it procure raw jute. The MoTJ is arranging the fund for the BJMC...

TCB taking steps to sell essentials in Ramadan

The Trading Corporation of Bangladesh (TCB) is taking preparations for selling essential commodities in the open market during the upcoming holy month of Ramadan, officials said. During the month of fasting the TCB sells sugar, gram, lentil, edible oil and...

Four-day int\\\'l ICT expo in city in June

An international information and communication technology (ICT) exposition is going to be held in the city next month. At least sixty government organisations will participate in the Digital World to showcase their automated e-governance services and products. Several ICT professionals...

Hundreds of new industries fail to go into operation for lack of gas connection

Hundreds of industrial units failed to go into operation due to alleged inaction by the government-formed special committee to deal with the fresh gas connections. Such a situation raised concern among the entrepreneurs, investors and officials said. Such inaction has...

Bangladeshi child prodigy included in UK publishing house

A Bangladeshi child prodigy has recently got one of its fiction stories published by a British publishing house, encouraging the local publishers to capitalise on such talents of the country's new generation and develop the knowledge industry. The newly published...

Consequences of loan default on banks

About Tk. 250 billion are stuck up with the top loan defaulters. Of this amount, Tk.105 billion are with the four state-owned banks, Sonali, Janata, Agrani and Rupali. Filing cases against the defaulters does not produce any result. Loan default...

Taking on climate change urgently

Climate change is the most-talked-about issue of the present time. The impacts of climate change have already affected agriculture, human health, ecosystem, water supplies and livelihood of a large number of people. The striking feature of observed impacts is that...

Take-outs from teachers\\\' conference at Cox\\\'s Bazar

The Prime Minister office's Access to Information (A2I) project and the British Council with the help of the education ministry and the ministry for primary and mass education organised a three-day teachers'  conference between May 5 and 7 2014 in...

Is education still a public good in Bangladesh?

Like most of my colleagues in the development field, I have defended public schooling on the ground that education indirectly helps people who would not pay voluntarily for the benefits they receive from it, and thus education would be undersupplied...