Shamsul Huda | 2013-11-20 00:00:00
Allowing pharmaceutical companies to fix prices of the medicines manufactured by them using the 'indicative pricing' tool has led to uneven competition, sources said. The government's executive order for indicative pricing in 1994 empowering the manufacturers to fix prices of...
Doulot Akter Mala | 2013-11-20 00:00:00
The National Board of Revenue (NBR) instructed all banks to freeze accounts of the cell phone company, Robi Axiata BD Limited, due to non-payment of its due tax. The Large Taxpayers Unit (LTU) under the Value Added Tax (VAT) wing...
Siddique Islam | 2013-11-20 00:00:00
The central bank has introduced US dollar (USD) and Bangladesh Taka (BDT) swap arrangement through offshore banking units (OBUs) of the commercial banks, officials said. Under the new arrangement, the banks are allowed to swap maximum $20 million from Bangladesh...
Md. Tofazzel Hossain | 2013-11-20 00:00:00
More than 3,000 teaching positions are lying vacant in 292 government colleges for a long time. On an average, more than five teaching positions in subjects like Maths and English are also lying vacant in each of the 317 government...
Abdul Bayes | 2013-11-20 00:00:00
Wahiduddin Mahmud, an eminent economist and former adviser to caretaker government, takes on the transformation of Bangladesh economy during the last decades. It is good news that Bangladesh could break the shackles of primary commodity-based conundrums. For example and as...
Zaglul Ahmed Chowdhury | 2013-11-20 00:00:00
The South Asian nation of Maldives has finally chose a president in the runoff polls on Saturday (November 16) as Abdullah Yameen secured more than required fifty per cent of the votes, ending a long period of political uncertainties and...
Siddique Islam | 2013-11-19 00:00:00
Declining trend in the private sector credit growth continued until September last due mainly to the ongoing political turmoil centering the next general election, officials said. The rate of private sector credit growth came down to 11.07 per cent or...
Doulot Akter Mala and Mohammad Mufazzal | 2013-11-19 00:00:00
The National Board of Revenue (NBR) has identified irregularities in payment of tax from the profits through sales of placement shares as a section of companies are showing inflated purchase prices to evade tax at source. The board issued a...
Syful Islam | 2013-11-19 00:00:00
Investors fear that certain provisions of the country's labour law, if applied, may trigger strikes and lockouts in export processing zones (EPZs). "We are of the view that it is not feasible to allow strikes and lockouts within the EPZs,"...
Rezaul Karim | 2013-11-19 00:00:00
The Ministry of Agriculture (MoA) and different agencies under it are facing difficulties due to acute shortage of manpower affecting their daily activities, sources said. According to the minutes of the last coordination meeting of MoA made available to the...
Shah Alam Nur | 2013-11-19 00:00:00
The lack of alternative overseas markets has caused a debacle in the sector as the traditional destinations are closing their doors for the Bangladeshi job seekers. Job sourcing abroad has reduced drastically in the current calendar year (2013) due to...
Jamal Uddin from Bangkok | 2013-11-19 00:00:00
Building more infrastructures and creating awareness are needed to increase mobile and mobile broadband penetration in the Asia-Pacific region to get socio-economic benefits, said telecom experts at the ITU (International Telecommunication Union) Connect Asia Pacific Summit in Bangkok. According to...
Shahana Bilkis | 2013-11-19 00:00:00
Bangladesh is still a food importing nation. Despite progress made over the last two decades, it is yet to achieve self-sufficiency in food production. The country still imports wheat, edible oil, sugar, onion, etc. Food import expenditure is over one-fifth...
Nisha Biswal | 2013-11-18 00:00:00
For the first time in post-colonial history, all of the countries of South Asia are democracies. From Bhutan to Bangladesh, Kabul to Kathmandu, democratic institutions are taking hold and giving people a voice in how they are governed. But these...
Syful Islam | 2013-11-18 00:00:00
The government has sought official development assistance (ODA) credit to construct a sewage treatment plant for purifying polluted water of Hatirjheel. Hatirjheel is a place in the overcrowded capital whose aesthetic beauty and wide open space which should attract city...
Rezaul Karim | 2013-11-18 00:00:00
Some Tk 1.86 billion is lost every year in export of agricultural products, especially vegetables, due to lack of quality packaging, official sources said. Packaging is a major problem for export of agricultural products. Due to absence of quality packaging,...
Badrul Ahsan | 2013-11-18 00:00:00
Many large ready-made garment (RMG) exporters are now providing cash support to their sub-contracting factories to upgrade the units to compliant ones. They have embarked on the task in the face of strict monitoring of sub-contracting activities by the foreign...
Neil Ray | 2013-11-18 00:00:00
A foreign degree acts as a magical gate pass like Ali Baba's key word "Open Sesame" to a world of treasures. The fascination for degrees from abroad is naturally total in this land. But not all foreign degrees are recognition...
Shamsul Huq Zahid | 2013-11-18 00:00:00
Sixty-four per cent of the respondents to an opinion poll, conducted by one of the leading national English dailies of Bangladesh, have said the fixation of Tk 5,300 as minimum wage for the garment workers would not be able to...
Syed Ashraf Ali | 2013-11-18 00:00:00
According to a report aired by BBC a few days back, as many as 2.5 billion poor people of the world are deprived of access to any form of finance from institutional sources. For some years now, leaders of the...
Zaglul Ahmed Chowdhury | 2013-11-17 00:00:00
As the clock is ticking fast and the time for the next general elections is getting nearer, the seemingly intractable political stalemate in Bangladesh shows no sign of a breakthrough. The nation passes each day amid heightened tension and anxiety;...
Doulot Akter Mala | 2013-11-17 00:00:00
The National Board of Revenue (NBR) is set to waive Value Added Tax (VAT) on international oil companies' (IOCs) service charges and their consultants' honorarium in a bid to facilitate exploration and production of gas. The NBR is set to...
Khalilur Rahman | 2013-11-17 00:00:00
There has been an alarming rise in number of stray dogs which menacingly roam cities and towns across the country under the very nose of the municipal authorities. Experts at a workshop held on the eve of World Rabies Day...
Talha Bin Habib | 2013-11-17 00:00:00
The ministry of food (MoF) is likely to increase the present allocation of rice and atta (flour) under Open Market Sale (OMS) programme in the capital following high demand of the items, a high official said. Earlier, Chief Controller of...
Shah Alam Nur | 2013-11-17 00:00:00
Air shipment of readymade garments and other goods increased significantly in recent times due to the frequent countrywide shutdown as a sequel to the restive political situation in the country causing hike in export cost. To avoid the chaos and...
Mohammad Ali | 2013-11-17 00:00:00
Final result of another legal fight on the securities regulator's much-talked about notifications on mandatory 2.0 per cent share holding requirement is expected to come out within November 28, 2013. The Appellate Division has set the timeframe for the High...
Babul Barman | 2013-11-17 00:00:00
Stocks closed higher for the third straight week on the bourses that ended Thursday last with turnover improving further amid growing investors' confidence and apparent stability in the market. "The market ended positive riding on renewed enthusiasm over banks and...
Md. Shamsul Arefin | 2013-11-17 00:00:00
We are usually more concerned about air quality outside our homes but much less concerned about it inside. We do not understand why we feel sick on a regular basis and why we develop symptoms that worsen over time. In...
Doulot Akter Mala | 2013-11-15 00:00:00
Customs duty (CD) on import of newsprint is set to be reduced to 5.0 per cent from 10 per cent to help print media cut their production cost. Besides, another proposal on declaration of the print media as an industry...
Syful Islam | 2013-11-15 00:00:00
Canadian buyers have assured Bangladesh of raising apparel imports by 20 per cent if globally accepted standards of safety and security in the factories are ensured, sources said. Bangladeshi diplomats in Ottawa recently met senior executives of two major Canadian...
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