As if in obeisance to the prophecy of the Old Testament, the murderous regime in Israel has allowed the four horsemen of Apocalypse to run amok in Gaza, over the last six months and counting. To be precise, of the four horsemen viz. war, pestilence (epidemics), famine and flood, only the last has b
The first day of the month of Boishakh in Bangla Calendar or ‘Pahela Boishakh’ is the Bangla New Year’s Day – celebrated by the Bangalis across the globe as a folk festival. The Bangla New Year is embraced and welcomed on this day in a festive atmosphere, as it symbolises th
In market economy consumer is sovereign, according to text book of Economics 101. Consumers convey their needs through their purchasing power transforming them in to ‘effective demand’. Market is to respond and comply with this particular demand. The fact that a significant number of pe
Angus Deaton, Professor of Economics, Emeritus, at Princeton University and the 2015 recipient of the Nobel Memorial Prize in Economic Science, in an article titled "Rethinking My Economics" published in the March issue of the International Monetary Fund's (IMF) Finance and Development magazine wro
President Vladimir Putin extended his reign over Russia in a landslide election held on March 15-17, 2024, taking approximately 87% of the vote, the most in the nation's history. The outcome of the Russian presidential election conveyed a message of a unified and stronger Russia under the reign of
On March 18, 2024, Prime Minister Sheikh Hasina appealed for Ireland's assistance in extending preferential trade privileges, specifically the Generalised Scheme of Preferences (GSP), within the EU market until 2032 rather than the proposed 2029 timeline during Bangladesh's post-graduation phase. T
In a significant development aimed at fortifying diplomatic relations and fostering economic cooperation, Deputy Foreign Minister of Belarus, H.E. Mr. Evgeny Shestakov, paid a courtesy visit to Hon'ble Foreign Minister Dr. Hasan Mahmud, MP, at the Ministry of Foreign Affairs. In 2021, Belaru
Media reports that the government has been considering electricity price adjustment from March 2024. UNB reports that the government is in dilemma over raising power tariff at this stage. Media further speculates that the Power Division of the Ministry of Power, Energy and Mineral Resources is expe
Many of the factors that contribute to tax evasion emerge due to the existing legal framework of our tax system. This ultimately fuels budget deficits and shifts the burden to the general consumers. Firstly, Bangladesh's taxation system is regressive, allowing it to collect more money from the poo
Hundi, is an informal channel of international money transfer, operating independently of the conventional banking system. The process involves Bangladeshi individuals transferring taka to a local hundiwala, who in return deposits equivalent foreign currency in the accounts held by that individual
As the world intends to head to a better tomorrow, carbon emissions are considered a significant threat for the upcoming days with the possibilities of climate change, rising sea levels, ocean acidification, and threatening global food security. During the UN Climate Change Conference (COP 28), mo
On 4 January 2024, the Tangail Saree was officially registered as a Geographic Indication of India under the title ‘Tangail Saree of Bengal’ based on application from the West Bengal State Handloom Weavers Co - Operative Society Limited in 2020. India was accorded priority country statu
In his recent article entitled, “The riddle of the missing figures” (FE, 27, 2023), Dr Helal Ahmed gave several examples of discrepancies in data published by Bangladesh Bureau of Statistics (BBS). The concluding paragraph of the article is reproduced as follows: “The anomalies a
