Absolute power of the executive creates scope for abuse: TIB
Absolute power of the executive organ of Bangladesh creates scope for abuse and prompts to take executive decisions on partisan basis, according to a study of the Transparency International Bangladesh (TIB).
The study reveals that the Prime Minister being the exclusive depository of absolute power exercises authority over the executive branch of the government. Critics have labeled it as ‘Prime Ministerial authoritarianism’, it said.
The study report, titled ‘National Integrity System Assessment: Bangladesh’, was released at a press conference at the BRAC Center in the capital on Wednesday.
[caption id="attachment_1292" align="alignleft" width="300"]
World Bank to help Bangladesh on VAT
The World Bank Board has approved USD60m in interest-free credit to modernize the administration of Bangladesh’s value-added tax regime and to boost the tax take.
The VAT Improvement Program Project will introduce automation, including the launch of online VAT taxpayer services, and improve transparency in VAT administration. The project aims to increase the ratio of VAT to gross domestic product (GDP) by at least one percentage point of GDP by 2019, from just 3.7 percent of GDP in 2012-13.
The project will support the government to implement the new VAT law, which comes into effect in 2015, and aims to provide better servic...
The project will support the government to implement the new VAT law, which comes into effect in 2015, and aims to provide better servic...
2nd marine trade show in Ctg from June 25
LIMRA Trade Fairs & Exhibitions Pvt. Ltd, a leading exhibition organizer in maritime industry and Bangladesh Shipping Corporation (BSC) are going to organize the second edition of the three-day long international exhibition on Maritime event to be held from 25th to 27th June 2014 in Chittagong Boat Club, Ghat No-11,East Patenga, Chittagong, Bangladesh.
The forthcoming Bangladesh's 2nd International exhibition on MPS Expo 2014 (Maritime, Port, Shipping) is the largest commercial marine trade show on ...
The forthcoming Bangladesh's 2nd International exhibition on MPS Expo 2014 (Maritime, Port, Shipping) is the largest commercial marine trade show on ...
Economic growth would slow to 5.6pc this fiscal: ADB
The Asian Development Bank (ADB) forecast 6.2 percent growth for Bangladesh economy for the coming 2014-15 financial year (FY145), though the economic growth would slow to 5.6 percent in the end of the current 2013-14 financial year (FY14) because of decline in remittances and export growth.
The ADB made the prediction in its quarterly economic update for March, 2014, released yesterday, as Finance Minister AMA Muhith is preparing to announce the national budget for the coming fiscal year in less than a month’s time.
The forecast, however, was l...
The forecast, however, was l...
Chains of corruption strangle nation in Bangladesh: AHRC
The rule of law does not exist in Bangladesh, said a statement of Asian Human Rights Commission (AHRC). The statement says, the way the Rapid Action Battalion (RAB) abducted seven men, including a senior lawyer and a member of the mayoral panel of the Narayanganj City Corporation (NCC), on 27 April 2014, and murdered them, allegedly on behalf of a feuding faction of the ruling party, in exchange for a 60 million Taka (US$ 774,000) bribe, is proof yet again of this fact.
The role of family members of a cabinet minister in masterminding the operation, police inaction in the face of knowledge of the abduction, and eyewash gestures at the highest levels of government confirm fears. The politics of blood and wealth reign supreme in Bangladesh; there is no space for the rule of law. A ‘cha...
REHAB keen to build govt-proposed 22,000 flats
Real Estate & Housing Association of Bangladesh (REHAB) has said it wants to build 22,000 apartments in the city’s Uttara and Kamrangirchar areas opposing the government plan to award the job to Malaysia.
A REHAB delegation, led by its president Mokarram Hossain Khan, on Sunday met Housing and Public Works Minister Engineer Mosharraf Hossain at his ministry office and placed the demand.
The REHAB president requested the minister to award the construction works to members of the association saying, “Now there’re some 22,000 flats of its members that remain unsold. So, such foreign investment will deepen the crisis in the country’s housing sector.”
