The pulse of the market

The satisfying factor of the stock market in 2016 was that we did not have to encounter any severe collapse or inexplicable “bull run.” Moreover, considering the risk-adjusted return from ...

A closer look at the new budget

Income from VAT has been identified as the highest source of revenue for the NBR. The revenue target for VAT in the proposed budget has been fixed at Tk72,764 crore, some 35% higher than the revised V ...

A closer look at the new budget

The proposed national budget for 2016-17 envisions an expenditure outlay of Tk3,40,605 crore, 29% higher than the outgoing fiscal’s revised outlay. However, the revenue earnings estimate for the ...

What the new VAT law means

The new value added tax and Supplementary Duty Act, 2012 seems to be very close to its implementation phase. Though the act was passed in the parliament on November 27, 2012, after several deferral ...

New power generation

The Bangladesh economy is poised to leapfrog towards high macro-economic growth. Energy is a prime mover of economic growth and development; to fulfill the growth aspirations of 160 million people, it ...

Once a teacher, always a teacher

I was born into a family of teachers. My father was a teacher early in his life, my sister is a teacher, my brother is a teacher, my uncles from both sides are teachers. Moreover, I am fortunate to ha ...

Take care of the best, be fair to the rest

It was late 2000. I, along with a few regional and global seniors from Standard Chartered Bank, went to call on the then finance minister, Shah AMS Kibria, and share our decision to acquire ANZ Grindl ...

Doing business the Chittagong way

My banking industry friends who have lent too much money to a few Chittagong-based clients, are now struggling to recover even a portion of what they loaned out, may be surprised with this caption. ...

Will Bangladesh remember Muhith?

Last Monday was Finance Minister AMA Muhith’s 83rd birthday. I returned home from abroad at around 6pm the same day. I had to tend to a lot of pending work at the office, and could only afford e ...

People are our greatest assets

The textbook would usually say that every single entrepreneur needs capital when building an enterprise. However, never in the past has human capital been such an important factor in building an enter ...

Mamun Rashid

Mamun Rashid is a business professor and financial sector entrepreneur. 

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