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So the waiting and uncertainty is over. The new Value Added Tax (VAT) Law now goes into effect. For all domestic economic activities (with some exemption), there is a uniform...
Donald J. Trump's withdrawal from the COP21 Paris Agreement is not the first time the United States has abandoned the rest of the functional world: it rejected the painstakingly assembled...
Stocks witnessed yet another positive session on Monday, extending the winning spell for the five straight sessions as optimistic investors continued their buying binge on lucrative shares. Analysts said...
The board of directors of IFAD Autos has decided to issue rights at the rate of 2R:5 (i.e. two rights share for existing five shares), said an official disclosure on...
Based on the climate model projections, it is evident that the Sundarbans area will face a 2-3° C rise in temperature during the 2050s. Projected sea-level rise is 0.5 m...
United States President Donald Trump was in the forefront of news from May 20 to May 26, 2017. His whirlwind trip took him to Riyadh, Saudi Arabia, Jerusalem and Bethleham,...
Dhaka, the capital of Bangladesh, is one of the busiest cities of the world and is well known for traffic jam. The bitter reality of Dhaka life is that one...
National budget is not only the annual financial statement but also a reflection of the economic philosophy of the government. The current philosophy is market maximisation and state minimisation. To...
President Donald Trump recently announced that the US is withdrawing from the 2015 Paris climate agreement. He claims he is protecting the U.S. economy from a deal that would cost...
Britain, France, the United States -- which is the odd one out politically? The answer seems obvious. Last year's Brexit referendum in the United Kingdom and the election of Donald...
The roads at Dhaka's Mouchak and Malibagh neighbourhoods have turned into a "death trap" for residents as accidents occur almost every day amid the irritable traffic jams and jaywalkers. Toma...
AIR is important for all living beings on earth to survive. It plays a vital role to keep us healthy and fit. But Dhaka's air is unhealthy and the capital...
The automobile industry could be one of the invigorating industries in this country. The quintessential perk of any new prospective industry is new employment opportunities. Furthermore automobile industry will fuel...
Bangladesh lost the opening match of the ICC Champion's Trophy to England but it was a defeat that has not humiliated the team in anyway. For 40 overs of its...
Friday night at around 10 PM I ventured into Kawran Bazar in search of quality Langra Mango for a bargain price. The surrounding of the wholesale fruit market was extremely...
US President Donald Trump's ravings against the 2015 Paris climate agreement are partly a product of his ignorance and narcissism. Yet they represent something more. They are a reflection of...
Markets were jolted by disappointing jobs numbers on Friday as sluggish hiring and tame wage growth in the US overshadowed a fall in the nation’s unemployment rate to a 16-year...
FE Report Stocks finished higher for the two consecutive sessions Wednesday with key index of the prime bourse crossing the 5400-mark once again as optimistic investors continued their buying spree...
Following is the Asian stocks roundup on Thursday: KEEPING SCORE: The Shanghai Composite Index lost 0.5 per cent to 3,102.21 while Tokyo's Nikkei 225 gained 1 per cent to...
Nurani Dyeing and Sweater made its share trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) Thursday under "N" category, officials said. The company's nine...
Mercantile Bank Limited (MBL) has taken a number of new projects to consolidate its contribution in promoting country's trade and businesses. "Our new product lines in SME include 'factoring...
Some 520 trade disputes have been submitted to the World Trade Organisation (WTO) for settlement since 1995. The latest annual report of the multilateral trade body revealed the information. It...
Last week, the Chinese government tightened its grip on the renminbi's exchange rate. China has now effectively reneged on a promise it made 18 months ago, when it lobbied its...
Bangladesh can curb illicit trade with an initiative of the political leadership through reform in the NBR and existing laws and rules including simplification of international trade. The National Board...
People all around the world are overwhelmed with "Fake News" or with the claims of "Fake News". It could, however, be a well-planned strategy by anyone who needed to hide...
Newspapers regularly publish reports on fatal and tragic accidents. It is an open secret that most of the drivers have not got enough training on driving and do not possess...
FOLLOWERS of Islam keep fast in this holy month of Ramadan. It was the first day. Muslim colleagues were fasting. Being a follower of Hinduism (Sanatan), it was a usual...
Despite enormous progress, the AIDS epidemic remains one of the major critical issues of our time. The situation is dire for children - especially for adolescent girls. AIDS is a...
Innovation is one of the major drivers for economic growth. It is about developing ideas for offering new products, or improving upon the processes in producing them. These ideas are...
Frustration is growing among the jobseekers in the country as the scope of employments is not getting wide open. According to the latest survey of the government, there are 2.6...
There was no rating requirement of business entities in Bangladesh before mid-90s of the last century. Thereafter came the rating of the financial companies by the newly-formed rating agencies, which...
The country has already entered the territory of 7-plus annual economic growth rate. But commensurate employment creation has not taken place. The Bangladesh Bureau of Statistics (BBS) has released the...
The much-awaited results of the Labour Force Survey (LFS) of 2015-16, released on May 28, hardly provide any reason to cheer about. For the economy as a whole, a total...
THE students of Bangladesh lose their valuable youthful years in quest of government jobs, specially BCS cadre jobs. Someone gets a cadre job and someone does not and has to...
ACCORDING to a survey conducted by the Bangladesh Bureau of Statistics (BBS), a total of 2.6 million people are unemployed despite being qualified graduates. This is happening in spite of...
FOR any underdeveloped or developing country quality education is a fundamental requirement for development. There is a total of 37 public universities and 82 private universities in Bangladesh, according to...
The Vienna agreement among OPEC (Organisation of the Petroleum Exporting Countries) and non-OPEC oil producers will extend oil cuts by nine months. After the deal, oil price plummeted by about...
The focus on acceleration of growth, specifically growth of gross domestic product (GDP), has come under serious attack by many eminent economists as well as politicians and civil society organisations....
A major concern with indirect tax reform (e.g., VAT and sales tax, etc.) is the potential impact on prices faced by the consumers. Expansion of tax base and rate usually...
'Life is about choice'; but impoverishment cannot be the choice of life. Blaming individuals because of being poor is like blaming the whole society. Poverty is a socio-economic challenge for...
In Bangladesh, numerous people work for the IT sector as there is a huge financial benefit in working online - for both individuals and the country's overall economy - compared...
The roads at Dhaka's Mouchak and Malibagh neighbourhoods have turned into a "death trap" for residents as accidents occur almost every day because of traffic jams and jaywalkers. The construction...
Recently, local think-tank Centre for Policy Dialogue (CPD) sounded a note of caution that malignancy in Bangladesh's banking sector is likely to have a negative impact on economy. Many banks...
The government plans swift implementation of large projects for the development of the railway sector. Although trains had been the country's major public transport for years, buses nowadays dominate people's...
Employing children to labourious and hazardous jobs has been perennial to Dhaka. The menace of child labour has thus been integral to the city's urban life. Forty to fifty years...
The Bangladesh Bureau of Statistics (BBS) has recently published figures showing the slow but steady growth of the economy over the past 44 years. The focus has been on increase...
Kulbhushan Sudhir Jadhav, an Indian citizen, was sentenced by a Pakistani military court to be hanged for his alleged engagement in espionage and terrorism. The events surrounding his arrest is...
Hassan Rouhani has been re-elected president of Iran on May 19. The reformist leader decisively defeated his principal rival Ebrahim Raisi, representing the conservative forces. Rouhani was victorious with 57...
Bangladesh is set to introduce the new value-added tax (VAT) system from July 01, 2017 known as the VAT and the Supplementary Duty ACT, 2012. This reform has been considered...
There is a general perception that a trade deficit or, more precisely, a current account deficit is harmful to a country and quite often such a view is also reinforced...
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