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Corporate taxpayers\\\' number set to go up by 25pc this year

Doulot Akter Mala | 2014-03-26 00:00:00

Number of corporate taxpayers is set to increase by 25 per cent this year compared to the corresponding period last year thanks to the newly introduced online TIN issuance system from the current fiscal year (FY). A total of 20,634...

17 new RHD projects likely to get funds from RADP

Munima Sultana | 2014-03-26 00:00:00

Some 17 new projects of the Roads and Highways Department (RHD) are expected to get funds from the Revised Annual Development Programme (RADP), although five of these projects were not included in the original ADP for the fiscal year (FY)...

Bureaucratic tangles behind closure of country\\\'s lone diamond factory

Badrul Ahsan | 2014-03-26 00:00:00

Country's lone diamond cutting, polishing and jewellery manufacturing factory remains closed for a long time despite having vast prospect of export earning. The closure is due mainly to bureaucratic tangles, industry sources said. The country has started its journey with...

Working together to improve disaster management

Mohammed Norul Alam Raju | 2014-03-26 00:00:00

On the last Thursday of every March, Bangladesh observes National Disaster Preparedness Day (NDPD). This year the day will be observed on  March 27. Different types of events are planned by the government, civil society forums, disaster practitioners and the...

Only two cell phones, no other property

Shaikh Saleque | 2014-03-26 00:00:00

The above news item received wide coverage in the media very recently and also became a much talked about topic. The incumbent Prime Minister of Nepal Sushil Koirala does not possess any property other than two cell phones. The prime...

India needs a vibrant corporate debt market

B K Mukhopadhyay from Kolkata | 2014-03-26 00:00:00

The health of an economy largely depends on the very functioning of the financial system and as such the vital requirement is to pep up the same in a fast and consistent manner. But the trends in many of developing...

Making the best use of forex reserve

M Aminul Islam Akanda | 2014-03-26 00:00:00

The foreign exchange (forex) reserve in Bangladesh reached US$ 19.2 billion in February last, thirty-six times the reserve in 1990 and twelve times the level in 2000. The government until late 1990s had been worried much over the then inadequate...

Stocks see rally

FE Online Report | 2014-03-25 00:00:00

Stocks rebounded Tuesday, a day after sharp decline with turnover remained sluggish as investors were cautious, and followed 'wait-and-watch approach. The market opened with a negative note, but later it went up gradually as session progressed. At the end of...

Stocks see downward trend

FE Online Report | 2014-03-25 00:00:00

Share prices on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in early hours of trading on Tuesday amid modest volatility. DSEX, the prime index of the DSE, went down by 3.20 points or...

Moheshkhali island in Bay identified as energy hub

M Azizur Rahman back from Moheshkhali | 2014-03-25 00:00:00

The government has identified Moheshkhali island in the Bay of Bengal as an energy hub by implementing there a cluster of projects including power plants and liquefied natural gas (LNG) terminal to boost the country's overall economy. It has also...

Tough provisions halt fund disbursement

Mohammad Mufazzal | 2014-03-25 00:00:00

Fund worth Tk 3.0 billion under the capital market re-financing scheme remains cent per cent undisbursed, mainly because of tough conditions set for borrowers, even after eight months of its release. The Bangladesh Bank (BB) released Tk 3.0 billion out...

Drive soon against vehicles using illegal horns

Rezaul Karim | 2014-03-25 00:00:00

The government is going to conduct a stringent drive against vehicles using illegal horns of more than approved decibel to contain sound pollution across the country, officials said. The sound pollution in and outside the capital city has reached an...

Beekeeping can contribute a lot to economic dev of country

ZM Aminul Islam | 2014-03-25 00:00:00

JHENIDAH, Mar 23: In an agricultural country like Bangladesh, it is undeniable that beekeeping, an agro-resource, can contribute to economic development greatly. Though beekeeping is possible in every district of Bangladesh, the districts which are very suitable for the purpose...

How much sustainable is foreign borrowing option?

Md Jamal Hossain | 2014-03-25 00:00:00

Due to high interest rate charged by national commercial banks, the suggestion for foreign borrowing option has taken a dramatic turn. While it can be undoubtedly argued that such an option can open a door for great opportunities and promises,...

Salvaging jute mills

Maskurul Alam | 2014-03-25 00:00:00

The jute sector is in jeopardy and farmers are losing interest in cultivating jute owing to the fall of jute prices in the market. There is a decreasing demand of jute products. As many as 15 jute mills of the...

Congress in tight corner

Zaglul Ahmed Chowdhury | 2014-03-25 00:00:00

As the general elections in India are just knocking on the door, impression is gaining ground that the ruling Congress is heading for a miserable performance. Even though the Congress leadership - especially the party's vice-president Rahul Gandhi - is...

The spectre of inequality

Hasnat Abdul Hye | 2014-03-25 00:00:00

The world has always been divided into rich and poor people. The divide is as old as civilisation. This long history, however, does not make it inviolable, not to speak of being sacrosanct. The rich have been accepted by society...

DSE index dips below 4,500-mark amid investors\\\' protest

FE Online Report | 2014-03-24 00:00:00

Stocks witnessed sharp decline Monday for the second running session and the key index of the prime bourse dipped below 4,500 points mark as most of the investors went for selling spree. Meanwhile, a group of investors staged demonstration in...

Stocks see choppy trading at opening

FE Online Report | 2014-03-24 00:00:00

Share prices on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Monday amid choppy trading, the second trading session of the week. DSEX, the prime index of the...

Erosion threatens river banks along Padma Bridge project

Munima Sultana | 2014-03-24 00:00:00

An inordinate delay in awarding river training work (RTW) for the planned Padma Bridge has posed a fresh threat to protection of river banks along the country's longest bridge. Sources said the Bangladesh Bridge Authority (BBA), the implementing agency of...

Apparel sector avoids recruitment of workers

Shah Alam Nur | 2014-03-24 00:00:00

Recruitment in the country's readymade garment (RMG) industry, the largest job providing organised sector, has declined significantly in recent times mainly due to the fall in export orders and the hike in wages, sector insiders said. According data available with...

SMAC — The right nexus for SMBs

Vivek Malhotra | 2014-03-24 00:00:00

With 2014 came a new buzzword to the IT sphere, SMAC, a trend which is gaining ground in the market. SMAC (Social, Mobile, Analytics and Cloud) is now all set to go explosive in the near future. Now is the...

Prospect of safe water looks bleaker

Neil Ray | 2014-03-24 00:00:00

Of the 10 countries facing crisis of safe water, Bangladesh finds itself in the number seven slot. This was revealed by the United Nations International Children's Fund (UNICEF) on the eve of the World Water Day observed worldwide on March...

Capacity-demand mismatch

Shamsul Huq Zahid | 2014-03-24 00:00:00

The finance ministry's move to finalise the revised annual development programme (RADP) for the current fiscal by trimming the original ADP faces a hurdle --one that, by any count, is very unusual. Usually, the RADP is finalised by the end...

Ukraine: U.S. hawks regain their voice

Bill Schneider writing for Reuters | 2014-03-24 00:00:00

Russian President Vladimir Putin's aggression is having an unintended effect on U.S. politics. It is generating a backlash against America's retreat from world leadership. That retreat was itself a backlash against President George W. Bush's overextension of U.S. military power...

The economic boost of T-20 World Cup 2014

Abul Basher | 2014-03-24 00:00:00

Bangladesh has secured a place among the Super 10 teams at last to play in the final stage of T-20 Cricket World Cup 2014. Although the passage to the Super 10 initially appeared to be very smooth, it turned out...

DSE turnover hits 5-month low

FE Online Report | 2014-03-23 00:00:00

Stocks returned to the red Sunday, a day after positive trend with turnover hitting five-month low as most of the investors remained reluctant to make fresh investments.The market opened with a positive spree, but could not sustain. At the end...

Stocks positive amid volatility

FE Online Report | 2014-03-23 00:00:00

The prices of most of the shares on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Sunday amid choppy trading. DSEX, the prime index of the DSE, went up...

Serious setback for Thai govt: Fresh elections are likely

Zaglul Ahmed Chowdhury | 2014-03-23 00:00:00

Prime Minister Yingluck Shinawatra of Thailand has suffered a serious setback as country's constitutional court has declared the February 02 general election "invalid". As a fallout from this development, fresh polls are likely in the country that has been witnessing...

Tragedy again at level-crossing

Khalilur Rahman | 2014-03-23 00:00:00

In yet another tragic accident at an unguarded level-crossing in Chittagong city on March 11 last, four women garment workers were killed and a dozen others injured. The mishap took place around 8 am in Chandgaon area in the port...