Stocks close flat amid choppy trading

Stocks closed flat on Tuesday with sluggish trading activities as investors remained in watchful mood amid lack of clear direction. DSEX, the benchmark index of the Dhaka Stock Exchange (DSEX) ended at 4,376.52 points, shedding only 0.24 points from previous...

DSE, CSE fall at opening

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

World War One: First war was impossible, then inevitable

Why does the assassination of Archduke Franz Ferdinand - the event that lit the fuse of World War One 100 years ago - still resonate so powerfully? Virtually nobody believes World War Three will be triggered by recent the military...

Tax revenue collection to face Tk 20b shortfall

Aggregate tax revenue collection may face Tk 20 billion shortfalls against its target for the just concluded fiscal year (FY) 2013-14, largely because of political turmoil and decline in operating profit of private commercial banks (PCBs), especially in the first...

FDI in enlivening tourism sector

If you have many innovative ideas and good planning but no money for implementing them, obviously the planning will yield no results. The tourism sector in Bangladesh is more or less like that. There are a lot of ideas and...

Taking measures to prevent leaking of question papers

Assessment is considered as one of the significant components of teaching-learning process. Students, teachers, materials, methods of teaching and evaluation are the main components of teaching. We assess our learners through public examinations which fall in the category of 'summative'...

Move to revive BR\\\'s lost glory

The government has taken a set of proactive measures to upgrade operational activities of Bangladesh Railway (BR) and thus ensure better services to the passengers, sources said. They said once the measures are implemented in the next five years, BR...

First beach surf club built at Cox\\\'s Bazar

The first surf club on Cox's Bazar seashore has created recreational opportunity for both local and foreign tourists, a tour operator said, as experts suggested far more facilities to cash in on the world's longest unbroken sea beach blessed with...

BD cos dominate SAFA competition

Bangladesh's corporate entities continue holding the top positions among the SAARC countries in disclosure and fair presentation of their financial statements and other business activities in their annual reports, according to officials linked to the process. South Asian Federation of...

Banks, NBFIs fade in capital market in last two years

The capital market has witnessed a drastic change in the sectoral turnover in the last couple of fiscal years (FYs) with banks and NBFIs losing their dominating edge, experts and stakeholders said.   The turnover value of the heavyweight banking sector...

DSE turnover dips below Tk 2b

Stocks extended losing streak for the fifth session on Monday with turnover plunging below Tk 2.0 billion mark after six-week as investors followed ‘wait-and-see’ strategy amid cautious stance. DSEX, the benchmark index of the Dhaka Stock Exchange, dipped below ‘psychological’...

BIWTA buying dredgers without need appraisal

The Bangladesh Inland Water Transport Authority (BIWTA) is going to procure 20 more dredgers without any need assessment, official sources said. The move to collect a number of dredgers at a time under one project has raised questions among the...

Businesses skip tax net for lengthy procedures: IFC

Lengthy procedures of tax compliances coupled with higher cost and unofficial payments create a web of barriers to bringing businesses onto the tax-net in Bangladesh, an IFC study reveals. On an average, 339 days are required for resolving tax disputes...

Big jump in food import in 11 months of last fiscal

Country's overall imports grew by nearly 15 per cent in the first 11 months of the just concluded fiscal year (FY) 2013-14, thanks to a big (125.84 per cent) jump in import of food grains during the period, officials said....

Illegal SIM used to mint money thru VoIP

Telecom operators and internet-service providers have proposed building up a central database for suspected mobile SIM cards to detect illegal VoIP (voice over internet protocol) call terminations that reportedly fetched fortunes for many in the business. The proposal on SIM...

WB agrees to finance $250m BRT line-3 project

The World Bank (WB) has in principle agreed to finance in the country's third mass transport project to establish 20-kilometre bus rapid transit (BRT) lane for running buses in dedicated lane from Airport to Jhilmil project area. After a meeting...

About morality and crime

At Palima village in Kalihati Upazila in Tangail, Harunur Rashid Mondol had allegedly tortured his wife Amena Begum to death on Monday, June 30. The husband was 28-year-old and his wife 10 years his junior. On Tuesday, Mondol was arrested...

Basic Bank: What about the money?

Sheikh Abdul Hye Bacchu, the man who has been in the national limelight of late for his alleged Machiavellian style of running the Basic Bank, a state-owned entity, is finally ousted from chairmanship of the bank. Finance Minister AMA Muhith...

Khaleda Zia\\\'s maligned Indian Express interview

Begum Khaleda Zia's interview given to the Indian Express after the visit of the Indian Foreign Minister to Dhaka has angered the Awami League (AL) leaders very much. In Parliament, they pretty much tore apart the leader of the Bangladesh...

Ctg, Mongla, Benapole ports struggle hard to cope with stockpile of undelivered cars

Country's main two seaports Chittagong, Mongla and landport Benapole are struggling hard to cope with a huge number of undelivered cars those stockpiled due to complexities relating to customs, officials said. The cars lying undelivered for a long time are...

No move to inject new life into BSCIC industrial plots

The government is yet to take any initiative to infuse fresh life into hundreds of industrial estates under the BSCIC, thus putting investors in dire straits, insiders said. Nearly 1,000 industrial plots of Bangladesh Small and Cottage Industries Corporation (BSCIC)...

Cement export prospect bright

Bangladesh is expected to be Asian hub of cement production soon for qualitative product diversification and use of environment-friendly technologies, industry-insiders said while seeking government support in paving the path for export of the surplus output in larger volumes. They...

Outflow outweighs inbound tourists

Every year on an average one million Bangladeshi tourists are going abroad spending a lot of money in foreign currencies, according to sources with local tour operators. Against this large number of outbound tourists, less than 50 thousand are coming...

Poverty, violence drive Central American exodus to US

Pregnant and with a young child in her arms, 17-year-old Andy Lizette Navarro says she has lost hope for the future in her semi-deserted mountain hamlet deep in rural Honduras, and dreams of America. There are precious few options in...

Russian people have no appetite for war — no matter what Putin says

Russia and the West are again at odds, eying each other with suspicion over Moscow's annexation of Crimea and support of armed separatists in Eastern Ukraine. Basic rules of the game for security, stability and prosperity in Europe and beyond...

In peril under PM Modi, a vestige of Soviet-style planning

Prime Minister Narendra Modi never had a high opinion of the Planning Commission, an institutional vestige of the country's attempts to mimic the Soviet command economy during the infancy of its independence more than half a century ago. As leader...

Stocks extend losing streak for 4th day

Stocks ended lower for the four consecutive days on Sunday with turnover dipping below six- week low as investors continued to remain in selling mood amid cautious stance. The market started with a positive note, but could not sustain as...

DSE, CSE open positive amid volatility

The prices of most of the shares on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Sunday amid modest see-saw, the first trading day of the week. DSEX,...

MRA plans to put MFIs\\\' records under scanner

Loan activities of micro-finance institutions ((MFIs) and overlapping of loans taken by their borrowers are set to come under the microcredit regulator's scanner. Officials said the Microcredit Regulatory Authority (MRA) was considering establishment of a micro finance (MF) credit information...

Cost-effective waterways remain a far cry

Loss of navigability of the country's rivers still remained a serious concern despite spending Tk 18.91 billion over the last one decade on dredging. The Bangladesh Inland Waterway Transport Authority (BIWTA) estimated the cost of dredging at Tk 18.91 billion...