The stock market witnessed yet another massive setback on Thursday, with the key index of the Dhaka bourse sinking below 5,700-mark for the first time in nearly three years. The market has already been bearish since the removal of the floor price while macroeconomic uncertainties stemming
Decks are now all cleared for operation of the Patenga Container Terminal (PTC) with belated declaration bringing its designated import-export area under customs domain. With Wednesday's customs all-clear, officials said, the Chattogram Port Authority (CPA) would be able to proceed on operat
Mass Rapid Transit (MRT) passengers may see nominal VAT (value-added tax) from next fiscal year as the government is going slow to avert any sudden pressure on their fares. The revenue board has found the MRT as a potential new avenue of VAT collection as other modes of transport having air con ar
Bangladesh Bureau of Statistics (BBS) will survey the country's natural resources like forest, land, and water to assess their stock and contribution to the economy. Currently, the GDP (gross domestic product) includes the value additions from such resources, but the new survey will help a
Bangladesh's development over the decades is neither a miracle nor a paradox, but rather a natural consequence of the people's entrepreneurial aspirations, according to economists and civil society members. They argued now the focus should not be on the so-called "Bangladesh Paradox" or ho
The plan of the Department of Agricultural Extension (DAE) to bring three million farmers under its network of agro-related weather information sounds good. Currently, the DAE runs a project under a network covering 30,000 farmers across the country. The World Bank-funded project 'Bangladesh Agro-M
Ever since the latest round of surprise Hamas incursion into Israel and killing and taking hostage of civilians in October last, the powder keg Middle East has been itching to burst into a conflagration. With the Israeli retaliation of brutal forces unleashed on the Palestinians in Gaza, human civi
At long last a must-read book titled as Politiconomy of Bangladesh by Professor Abdullah A Dewan has landed on the soil of Bangladesh. The book is a compilation of newspaper columns about Bangladesh economy and political spectrum. Professor Dewan teaches at the Eastern Michigan University in the US
A law seminar on “Military Justice System and Their Relationship to Civil Criminal Justice System” was held on Thursday. The seminar was organized by Judge Advocate General Branch of Bangladesh Air Force at Bangladesh Air Force Headquarters, Admin Hall, according to a press release. C
Due to the astronomical rise of startups, a belief started growing that less developed countries have found a miracle development solution to reach high-income status. Besides, the rapid growth of the valuation of startups fueled the temptation of quickly multiplying investments. Hence, private and
International Monetary Fund Managing Director Kristalina Georgieva bemoaned the slow pace of global growth on Thursday, saying that Europe needed to do more to boost productivity and China should work to unleash greater consumer spending. Georgieva told a news conference during the IMF and World B
The price of gold has set a new record in Bangladesh as the Jewellers’ Association (Bajus) started selling gold at Tk 119,637 per bhori (11.664 grams) starting this evening (Thursday). The association's standing committee on pricing and price monitoring decided on the new price at a meeting
