Doulot Akter Mala | 2013-12-14 00:00:00
Income tax collection in the first five months of the current fiscal year (FY) fell short of its target by nearly Tk 15 billion due to the ongoing political unrest that has cut down income, and import of commodities. The...
Pradeep S Mehta and Bipul Chatterjee | 2013-12-14 00:00:00
After months of intense negotiations in Geneva culminating with a ministerial conference, trade ministers finally delivered the Bali Package. As Indian trade minister, Anand Sharma, said: "A historic day for the WTO. India's food security concerns are addressed". Despite intense...
Ekhlasul Haque | 2013-12-14 00:00:00
The energy crisis is one of the crucial issues in Bangladesh as well as across the world. Our national grid is facing a severe shortage of gas after installation of new power plants in the country. The government is coming...
Chowdhury Mohidul Haque | 2013-12-14 00:00:00
Following successful experiments in 'inclusive business ventures' in a dozen of developing countries of the world, the Government of Bangladesh and the country's development partners are now talking about inclusive business initiatives. Inclusive business ventures have attained success in the...
Rezaul Karim | 2013-12-14 00:00:00
The government has started a process of assessing production and demand of 20 major essential items to help check their untoward supply crisis and price spiral in the domestic market, official sources said. Under the move, the Ministry of Commerce...
Jamal Uddin | 2013-12-14 00:00:00
Most of the operators doing Interconnection Exchange (ICX) business in the country are struggling for survival in the competitive and saturated telecom market, sources said. Currently, too many companies are engaged in the limited ICX business in Bangladesh, they said...
Syful Islam | 2013-12-14 00:00:00
Two private commercial banks (PCBs) were allegedly not making payment against letters of credit (LCs), opened with the PCBs and insured by a sister concern of the Islamic Development Bank (IDB), sources said. The LCs involving US$ 374,220 were opened...
Masum Billah | 2013-12-14 00:00:00
Sri Lanka hosted the 23rd Commonwealth summit this year which was opened with a dazzle of dancers and red-carpeted stairway lined with smiling children to greet leaders from its member states. At a lavish opening ceremony held at the Nelum...
Nilratan Halder | 2013-12-14 00:00:00
During war, sanity and peace become the greatest casualty. In times of civil war, self-confidence suffers the most. Racial and tribal hatred takes toll of humanity and family feuds lead to self destruction. What a pity the country after forty-two...
Nehal Adil | 2013-12-14 00:00:00
Nelson Mandela has left our tiny planet lingering in turmoil. He will live forever. Jacob Zuma, the President of South Africa, in his address to the world said he had entered eternal peace. China's President Xi and Indian Prime Minister...
Siddique Islam | 2013-12-13 00:00:00
The government is set to allow apparel exporters to receive cash incentive against export proceeds realised in advance through telegraphic transfer (TT) soon to help recover their loss caused by the ongoing political turmoil. After introducing the facility the ready-made...
Rezaul Karim | 2013-12-13 00:00:00
The departments and agencies under the Ministry of Agriculture (MoA) are still limping with acute manpower shortage, official sources said. "The ministry, its departments and agencies are facing problems in performing daily official work due mainly to huge shortage of...
Syful Islam | 2013-12-13 00:00:00
The Insurance Development and Regulatory Authority (IDRA) has asked the Standard Insurance Ltd (SIL) to immediately pay the insurance claim of Standard Group whose garment factory was burnt in a devastating fire on November 29, sources said. The regulator in...
Shah Alam Nur | 2013-12-13 00:00:00
Indo-Bangla trade faces a serious setback recently, as import and export-related activities through the country's landports almost came to a halt, mainly due to the ongoing political turmoil, officials and businesses said. The situation turned worse in the last few...
Munima Sultana | 2013-12-13 00:00:00
The Bangladesh Road Transport Corporation (BRTC) is facing a severe financial constraint paying its several thousand staff members, as the ongoing political conflict is forcing it to suspend almost all transport services to avert damage. Officials said the corporation's revenue...
Mohammad Mufazzal | 2013-12-13 00:00:00
The IPO (initial public offering) proposals of some 44 companies are awaiting the securities regulator's nod to raise a substantial aggregate amount of fund under the fixed price and book building method, officials said. The officials of the Bangladesh Securities...
Md Ashraful islam | 2013-12-13 00:00:00
Historically, the media came into being from the need to protest against feudal oppression. In Europe, the print media played an important role in transforming a feudal society into a modern one. Besides, during the French (1789) and American Revolution...
Nilratan Halder | 2013-12-13 00:00:00
The air is heavy. Not so much because of the haze winter brings along with it but because of forebodings. Even the approaching December 16, the proudest day in the annals of the Bangalee nation, has failed to remove the...
Zaglul Ahmed Chowdhury | 2013-12-13 00:00:00
Leaders of India and Pakistan are, of late, again talking about tensions in their ties and some have even gone to the extent of speculating on another war not as a distant possibility, unless the prevailing situation improves. Under-standably, the...
Syful Islam | 2013-12-12 00:00:00
The government will waive demurrage charges on import consignments that have remained stranded at Chittagong Port due to the ongoing blockade called by opposition political parties, sources said. The waiver will be granted to only those cargos that have got...
Siddique Islam | 2013-12-12 00:00:00
Declining trend in the country's overall import orders continued until November due mainly to the ongoing political turmoil centring the next parliamentary election, officials said Wednesday. Opening of letters of credit (LCs) against imports, generally known as import orders, decreased...
Shamsul Huda | 2013-12-12 00:00:00
Young freelancers are increasingly getting software and IT-enabled services orders as global firms reach out to countries like Bangladesh seeking cheaper solutions, insiders have said. The internet-based outsourcing is going on from every corner of the country as the developers...
Doulot Akter Mala | 2013-12-12 00:00:00
The National Board of Revenue (NBR) has offered a tax benefit for the asset management companies (AMCs) for the next five years to stimulate the country's capital market. The AMCs will enjoy a reduced tax rate of 15 per cent,...
Mohammad Ali | 2013-12-12 00:00:00
International Finance Investment and Commerce Bank Ltd (IFIC Bank) looks at inclusive expansion of its banking network to connect the rural unbanked people, strengthening its 'remittance distribution channel' and making it sustainable in the long run. "The urban sector is...
Quamrul Islam Chowdhury | 2013-12-12 00:00:00
UN Secretary-General Ban Ki-moon has warned against cost of inactions and stressed the need for breaking down barriers to sustainable investment, including 'perverse subsidies'. Ban came to UN Climate Conference held in Warsaw, Poland from November 11-23, 2013 to help...
Sarwar Md. Saifullah Khaled | 2013-12-12 00:00:00
Bangladesh is a third world country with an under-developed banking system, particularly in terms of the services and customer care provided by the state-run banks. The private banks that emerged following the 1990 Financial Sector Reforms Programme (FSRP) are trying...
Abdul Bayes | 2013-12-12 00:00:00
Our destination was a village on the bank of the river Dharala. On November 20 morning, we landed at the eastern bank of the river to take a boat to reach our destination. We could avoid the riverine route but...
Doulot Akter Mala | 2013-12-11 00:00:00
The tax collection drive has suffered a severe blow following the persistent political unrest and blockades triggering a concern about a big shortfall in internal revenue mobilisation in the current fiscal year. Achieving the existing aggregate tax revenue collection target...
Shamsul Huq Zahid | 2013-12-11 00:00:00
Country's food inflation shot up to 8.55 per cent on point-to-point basis last month, one of the highest levels in recent years. The general inflation was also on the high side. Predictions are that the situation would be even worse...
Munima Sultana | 2013-12-11 00:00:00
Bangladeshi community including the workers in Singapore are facing difficult situation after a good number Bangladeshi nationals were detained for interrogation in connection with a riot that took place in the island state for the first time in 30 years...
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