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Remodelling tax-waiver regime begins to benefit people

DOULOT AKTER MALA | 2023-03-26 00:00:00

Bangladesh's revenue authority has begun tightening the tax-exemption regime incorporating provisions to pass on its benefits to the common people, under an overdue fiscal reform.The National Board of Revenue has tagged some new conditions, including free-of-cost services in healthcare centres,...

EEC skips BD visit ahead of JWG meeting

REZAUL KARIM | 2023-03-26 00:00:00

The Eurasian Economic Commission (EEC) has cancelled its visit to Bangladesh ahead of the 2nd meeting of joint working group (JWG) fearing a possible complexity amid Western sanctions against Russia, sources said.It was supposed to visit Dhaka with a high-powered...

Legacy Footwear to the top of DSE gainers' chart despite heavy loss in business

Mohammad Mufazzal | 2023-03-26 00:00:00

Investors seem to have overlooked the latest business data of Legacy Footwear when they bet on the stock on the Dhaka Stock Exchange last week. The stock rose abnormally in the bearish market, leading to it becoming the top gainer...

Unpaid listing fees keep two OTC cos from moving to SME board

Mohammad Mufazzal | 2023-03-26 00:00:00

Transfer of two OTC companies to the SME board of the Dhaka Stock Exchange (DSE) remains pending mainly for non-payment of listing fees and non-existence of a company website with detailed financial information. Gachi Hata Aquaculture Farms and Bangladesh Hotels...

Initial resistance by policemen in the liberation war

Helal Uddin Ahmed | 2023-03-26 00:00:00

Alongside other freedom-loving people of the country, the police force of Bangladesh also played a distinctive and glorious role in the Bangladeshi nation's quest for freedom and liberty. Although normally entrusted with the task of enforcing law and order, when...

Focusing more on non-traditional RMG markets

Mohiuddin Rubel | 2023-03-26 00:00:00

Non-traditional markets have turned out to be increasingly important than before for the RMG industry of Bangladesh. While the industry has traditionally focused on exporting garments to developed countries like the United States and the European Union, it has recently...

Economic emancipation a long way off

Asjadul Kibria | 2023-03-26 00:00:00

More than 50 years ago, the emergence of Bangladesh as a sovereign nation-state was puzzling to many. They were pessimistic about the future of the newly independent country-- and some even thought that the country would survive only to suffer...

BD to place action plan to EU

REZAUL KARIM | 2023-03-25 00:00:00

Dhaka is expected to place its detailed action plan before the European Union (EU) on addressing the possible challenges after Bangladesh's graduation from the least-developed country (LDC) in 2026, sources said. It will also seek continued trade preferences under the...

Prices of five essentials fall at Ctg wholesale hubs

NAZIMUDDIN SHYAMOL | 2023-03-25 00:00:00

CHATTOGRAM: Prices of five essential items - chickpeas, peas, soybean oil, palm oil and sugar - dropped a bit just a day before the Islamic holy month of Ramadan at wholesale business hubs in Chattogram. Traders at Khatunganj, Asadganj and...

Not all is lost for this society

Nilratan Halder | 2023-03-25 00:00:00

The slogans are rather significant: "Manab kalyane amra thakte chai (for the cause of humanity, we volunteer to lose)" or "Ihaloukik loksan saman paraloukik lav (loss of the mortal world is equal to the gain of the world after". With...

City corporation playgrounds seem played down

MUNIMA SULTANA | 2023-03-24 00:00:00

Private entrepreneurs have found investment in playground development profitable amid expansion of outdoor games, coming out from typical bent on building high-rises but Dhaka's two city corporations seem to have played down their part in facilitating sports activities in their...

Reviving Dhaka City's green spaces

Nilratan Halder | 2023-03-24 00:00:00

A number of mega projects ---some of them completed, a few about to be completed and others slated for starting work soon ---are feathers in Dhaka City's cap. It has got its flyovers ready, overhead metro rail up and running...

No more merely for kids' play

Munima Sultana | 2023-03-23 00:00:00

Open spaces having hardly standard size for football-like outdoor games have become higher- profitable business than real estate in this crammed capital city of Dhaka, generating a new genre of entrepreneurs. Make no mistake that these are merely for kids'...

Orion Infusion erodes 72pc on DSE since October

Babul Barman | 2023-03-23 00:00:00

Orion Infusion plummeted by Tk 705 or 72 per cent each share in the past five months from its peak reached in the end of October last year. It had taken almost equal time to multiply 12 times to Tk...

Graduates’ skills for 4th Industrial Revolution in Bangladesh

Tasnimul Islam | 2023-03-23 00:00:00

Universities are under intense pressure to create graduates who will integrate naturally into the workforce after graduation because of the dynamism and unpredictability of today's industries. Universities are now at the forefront of the employability conversation as the race to...

Iraq ... or the brutalisation of a country

Syed Badrul Ahsan | 2023-03-23 00:00:00

Twenty years ago President George W. Bush and Prime Minister Tony Blair sent in their forces, along with those of their allies, into Iraq. It was an invasion based on the false premise that Iraq, led by President Saddam Hussein,...

Silicon Valley Bank's collapse: what happened and why it matters

M Kabir Hassan and Ayoub Ghalim | 2023-03-23 00:00:00

Silicon Valley Bank (SVB), commonly known for catering to startups and life-science firms, has collapsed. Before delving into the reasons behind this collapse, it's important to understand the bank's history and operations.SVB provided services mainly to tech startups, and with...

Electronic transfer of all income taxes mandatory

DOULOT AKTER MALA | 2023-03-22 12:00:00

Electronic payment of any amount of income taxes into the exchequer is being made mandatory for all taxpayers, as it comes as a compliance issue for a much-needed ADB credit.The National Board of Revenue (NBR) is going to complete the...

BSC receives $22.48 million insurance money

JASIM UDDIN HAROON and SYFUL ISLAM | 2023-03-22 00:00:00

The Bangladesh Shipping Corporation (BSC) received US$22.48 million on Monday as compensation for its ship that was hit by a missile last year after outbreak of the Ukraine war, the first such insurance-claim settlement after the war broke out.The Sadharan...

Future of trade prospects with the EU

Mohammad A Razzaque and Jillur Rahman | 2023-03-22 00:00:00

This year marks the 50th anniversary of the establishment of Bangladesh's diplomatic relations with the European Union (EU). Over the past five decades, the EU has emerged as an indispensable trade and development partner. It is by far the largest...

Dhaka, Thimphu set to sign transit deals tomorrow

DOULOT AKTER MALA | 2023-03-21 00:00:00

Bangladesh and Bhutan are set to sign an agreement and a protocol to offer each other multi-modal transit facilities aimed at boosting bilateral trade. A Bangladesh delegation, led by Commerce Minister Tipu Munshi, was already on its way to Bhutan...

Let's not kill St. Martin's Island

Syed Fattahul Alim | 2023-03-21 00:00:00

The tiny coral-rich island, the St. Martin's, located close to the southernmost tip of Bangladesh, Teknaf, is facing an existential crisis. As with climate change, it is again human action, greed, to be specific, that is playing its part. This...

Is a new world order emerging?

Hasnat Abdul Hye | 2023-03-21 00:00:00

The news took every country by storm, so improbable it seemed so long, until now that is. Countries most shaken by disbelief are, of course, America and Israel. The sudden development in geo-politics has not only caught them unawares, it...

Essentials already dearer even before the holy month begins

REZAUL KARIM and YASIR WARDAD | 2023-03-20 00:00:00

Commerce Minister Tipu Munshi on Sunday issued a stern warning against any artificial increase in prices of essential commodities during the holy month of Ramadan. Despite the minister's warning, insiders predict that consumers will have to face brutal price shocks...

Hefty VAT collection keeps revenue afloat

DOULOT AKTER MALA | 2023-03-20 00:00:00

Collection of value-added tax (VAT) registered a hefty growth of about 15 per cent in the first eight months to February of the current fiscal year (FY) over the same period of last FY, largely contributed by domestic consumption of...

Aggressive mob mentality taking hold

Neil Ray | 2023-03-20 00:00:00

A slew of events happening one after another in recent times is a clear indication of impatience and aggressive mob mentality to the extent of a kind of psychological disorder. When lawyers of the highest court engage in scuffles and...

Will repatriation of the Rohingya happen?

Syed Fattahul Alim | 2023-03-20 00:00:00

A 22-member team of Myanmar immigration officials is visiting Rohingya refugee camps in Cox's Bazar to verify more than 400 Rohingya refuges as part of a pilot repatriation project. Does it hold out any hope for the forcibly displaced people...

Sea Pearl Beach Resort soars 600pc in more than 7 months

BABUL BARMAN | 2023-03-19 12:00:00

The imposition of floor price has led to a handful of junk stocks becoming dominant in daily transactions on the Dhaka bourse. But Sea Pearl Beach Resort & Spa, which falls into 'A' category stocks, has been behaving differently from...

BD eyes breakthrough in JWG meeting this month

SYFUL ISLAM | 2023-03-19 00:00:00

Bangladesh is expecting to achieve a major breakthrough in the free-trade negotiation with the Eurasian Economic Union (EAEU) scheduled to be held in Dhaka late this month.Signing a free-trade agreement (FTA) will top the agenda of the second meeting of...

Attracting FDI: opting for a non-traditional approach

Asjadul Kibria | 2023-03-19 00:00:00

It goes without saying that the benefit of foreign direct investment (FDI) for a developing country is immense. Economists have outlined a number of benefits with a great deal of empirical evidence to show the necessity of FDI. Though the...