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Cell-phone cos term NBR\\\'s Tk 30.62b claim incorrect

Jamal Uddin | 2014-01-18 00:00:00

Mobile phone operators termed the National Board of Revenue's (NBR) claim of Tk 30.62 billion from four cell-phone companies as SIM replacement tax incorrect. They said NBR's final report in this regard was not prepared according to the previously set...

Hope for political stability pushes stocks up

Babul Barman | 2014-01-18 00:00:00

The stock market closed higher for the third straight week that ended Thursday with turnover improving further as political turmoil eased.  "Easing of political crisis and hope for market-friendly Monetary Policy Statement (MPS) boosted investors' confidence. As a result, the...

IJSG\\\'s successor body high on agenda

Rezaul Karim | 2014-01-18 00:00:00

The first Bangladesh-India joint working group (JWG) meeting is set to be held this month for further strengthening bilateral relations between the two countries in textiles, officials said. In the upcoming meeting on January 21 to be held in the...

DITF sees rush of visitors Friday

Badrul Ahsan | 2014-01-18 00:00:00

The Dhaka International Trade Fair (DITF) attracted an increased number of visitors Friday, the first weekly holiday after its inauguration in January 11. Over one hundred thousand people visited the exhibition on the day, after a poor turnout during the...

Country\\\'s reputation at stake

Adnan Abdullah | 2014-01-18 00:00:00

Literally, politically and culturally Bangladeshi people were rich. The Bengali culture had been friendly, hospitable, cooperative and helpful for a long period of time. When we hear the songs of Nobel Laureate Rabindranath Tagore or of Nazrul Islam we feel...

For better films, better audiences and better society

Masum Billah | 2014-01-18 00:00:00

Dhaka is hosting the thirteenth International Film Festival. Rainbow Film Society has arranged this festival. The festival has been organized on a regular basis by Rainbow Film Society which remains dedicated to the promotion of a healthy cine culture in...

Restoring sight of a child is an investment

Syeda Lutfa Shahana | 2014-01-18 00:00:00

Noor Jahan's father Rajab Ali, a resident of Chhoto Maharajpur village in Sirajganj district, is a day labourer. Noor lost her eye sight due to typhoid at the age of three. Noor had huge problem in communication, cognition and performing...

Feathery friends from foreign lands

Nilratan Halder | 2014-01-18 00:00:00

Migration of birds is a fascinating subject. It points to an amazing feature of relationship between Nature and living species. Interdependence of different species is brought to the fore by such migration. As many as 176 species are said to...

UNESCO recognition for Jamdani

Shahana Bilkis | 2014-01-17 00:00:00

Jamdani Saree is one of the most beautiful and practical textiles of Bengal. History, legend and tradition are woven into the fabric along with the unique patterns that make jamdani so popular. It is a handloom woven fabric made of...

A quiet but undiminished voice

Nilratan Halder as a tribute to justice Habibur Rahman | 2014-01-17 00:00:00

At a time when most voices get lost in the din and bustle of pretentious rhetoric and philistine discourses from conceptual bankruptcy, only a handful opinions and ideas expressed find their target in a country where people are either highly...

XBRL: A new corporate reporting tool

Jamil Sharif and Md Maniruzzaman (Shesher) | 2014-01-17 00:00:00

Given the increasingly complex, competitive and fast-paced global business environment, recognition of broader societal stakeholder interest in business activities and the increasing social demands for corporate accountability, the requirement of quantitative and qualitative financial reporting has increased substantially over the...

Incalculable cost of a controversial election

Mizanur Rahman Shelley | 2014-01-17 00:00:00

No election in Bangladesh was, perhaps, as challenged as that of January 05, 2014. The principal opposition party BNP (Bangladesh Nationalist Party), along with its partners in the 18-Party Alliance and the opposition camp, not only stayed away from the...

Goods imported under BWFs being misused

Shah Alam Nur | 2014-01-17 00:00:00

Goods imported under bonded warehouse facilities (BWFs) are being misused as those are being sold in the open market in absence of monitoring by authorities concerned, officials and traders said. A numbers of companies have been misusing goods including fabrics...

Rumki wishes to shine with light of education despite handicap

ZM Aminul Islam | 2014-01-17 00:00:00

JHENIDAH, Jan 16: Despite having tremendous physical handicap Mst. Rumki Khanom (10) of Eshangati village under Lohagara upazila of Narail district made a glorious result in the Primary School Certificate (PSC) exam of 2013. Rumki, second among two sisters and...

Govt\\\'s share in DEE to rise on land acquisition at market price

Munima Sultana | 2014-01-16 00:00:00

The government's financial contribution to the Dhaka Elevated Expressway (DEE) project is likely to go up following a decision to acquire land for it at market price. The project will be implemented under Public Private Partnership (PPP). The Bangladesh Bridge...

BD eyeing boosting economic ties with S Korea, Philippines

Syful Islam | 2014-01-16 00:00:00

Bangladesh is eyeing to further boost economic and trade relations with South Korea and the Philippines as they have attained 'superb' growth in the recent years, sources said. With this end in view Bangladesh will soon hold a joint economic...

Tax at source on savings bond profit up 12pc in 1st four months of FY `14

Rezaul Karim | 2014-01-16 00:00:00

Tax at source on profit earnings from various savings instruments of the government has increased by 12 per cent in the first four months in the current fiscal year (FY) over that of the corresponding period in the last one,...

Assemblers build buses on truck chassis amid lax watch

Shamsul Huda | 2014-01-16 00:00:00

In the absence of government monitoring, risky assembling in the automobile industry continues unabated in the country. Automobile industry insiders said state supervision and monitoring are non-existent in maintaining the load capacity, alignment, centre of gravity, and length and width...

BB sets SME credit disbursement target at Tk 887.53b for this calendar year

Siddique Islam | 2014-01-16 00:00:00

The central bank has set the small and medium enterprise (SME) credit disbursement target at Tk 887.53 billion for this calendar year, marking nearly 20 per cent growth over that of previous year despite the political uncertainty. The loans will...

CSR: A real business system

Mohammad Ekramul Karim | 2014-01-16 00:00:00

What does it mean for a corporation to be socially responsible? A company needs to be responsible for its activities - socially, ethically, and environmentally.  Usually, Corporate Social Responsibility (CSR) means how the companies accomplish the business progression to have...

How to outreach agriculture loan by micro-credit lenders?

Md Enamul Haque | 2014-01-16 00:00:00

A seminar in Dhaka held deliberations on how the micro lenders can play more effective role in providing credit in agriculture and the related business. The three day seminar entitled 'National Dissemination Forum on Microfinance for Agriculture' was attended by...

A fresh focus on Teesta and land boundary accord

Zaglul Ahmed Chowdhury | 2014-01-16 00:00:00

As a new government has taken over in Bangladesh following the January 05 national elections, foreign policy matters will acquire bigger importance for a variety of reasons. For one thing, the polls became controversial because the main opposition party boycotted...

Business dev confce of Al-Arafah Bank held

FE Online Report | 2014-01-15 00:00:00

The Business Development Conference 2014 of Al-Arafah Islami Bank Ltd was held on Tuesday.  Chairman of the Bank Mr. Badiur Rahman inaugurated the conference as the Chief Guest. The meeting was presided by the Managing Director of the Bank Mr....

Bank deposit growth marks decline in 2013

Doulot Akter Mala | 2014-01-14 00:00:00

Growth rate of bank deposits marked nearly 4.0 per cent decline until November in the last calendar year over the corresponding period in the previous year taking its toll on the banks' operating profits, sources said. Bankers and experts, however,...

Transport crisis, cost hit rice, atta prices

Rezaul Karim | 2014-01-14 00:00:00

Crisis of transports and the hike in their fare have hit the prices of rice and atta across the country in recent days, officials said. The causes of the surge in the prices of the essentials were unearthed in an...

Shipbreaking industry may face negative growth, eventual closure

Shamsul Huda | 2014-01-14 00:00:00

Faced with growing demand for quality steel and large investments by big companies to manufacture such products, the local ship breaking industry may face negative growth and eventual closure, industry insiders said. According to a ship breaking association sources the...

IDRA asks insurance cos to settle turmoil-related claims

Syful Islam | 2014-01-14 00:00:00

The country's insurance companies are allegedly not responding positively to the claims against damages that occurred during the recent political turmoil, official sources said. The Insurance Development and Regulatory Authority (IDRA) has received several complaints from the policy-holders of being...

Formation of \\\'capital market tribunal\\\' contrary to some sections of CrPC

Mohammad Ali | 2014-01-14 00:00:00

Some provisions that have been put in place in the recently amended securities law on formation of 'capital market tribunal' are contrary to some sections of the Code of Criminal Procedure (CrPC)-1898, according to legal experts and academics. They said...

Demutualisation: A new beginning for DSE

Md. Mukitul Anam | 2014-01-14 00:00:00

Demutualisation has been a new issue in the capital market in Bangladesh. As in the case of many other stock exchanges all around the world, steps have been taken to turn the traditional mutual stock exchanges into demutualised ones. Normally...

Policy imperatives of the recent inflation data

Abul Basher | 2014-01-14 00:00:00

Inflation is a lagged macroeconomic variable in the sense that it encapsulates what happened in the economy so far. Thus it gives an idea about what needs to be done or not needs to be done to foster economic activities....