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Spend as you earn, not beyond

Abu Ahmed | 2015-07-15 00:00:00

Many people would like to know what the problem with Greece is. The answer is overspending and from overspending to indebtedness to defaulting. Creditors found the Greek government a willing buyer of their credits, sold credits without looking genuinely whether...

Soaring cotton consumption and GM seeds

Sayed Kamaluddin | 2015-07-15 00:00:00

Cotton consumption in the country has been rising about six to eight per cent a year since 2005 to meet the rising demand of the booming readymade garment industry. In the process, Bangladesh has emerged as the second largest importer...

BPC\\\'s fresh plan

2015-07-15 00:00:00

My attention was drawn to your news item "IMED smells rat in BPC's fresh plan" by your reporter Mr. M Azizur Rahman. The SPM was initially conceived with reference to the expansion of ERL from the present 1.5 million tons...

Eid travel

2015-07-15 00:00:00

Every year enough high sounding promises are made by the administration presumably to ensure safe passage for home bound passengers during the Eid festivals. Unfortunately, very few of such promises can be fulfilled although for no fault of the administration...

Strengthening data quality management in banks

Tanjib Rubaiyat | 2015-07-15 00:00:00

Managing risks efficiently and effectively has always been a major concern of banks and financial institutions in our country and abroad. A good risk management team offers comfort to a financial institution and its stakeholders. But what's about the data...

Promoting green businesses in Bangladesh

Jewel Kumar Roy | 2015-07-15 00:00:00

Production of goods and services, investment, laws and policies all have their respective impact on environment. There are many eco-friendly financial instruments available in the world today. Some of these are eco-investment, green investment, green banking, green stocks, green bonds,...

Detailed DSE Trading

2015-07-15 00:00:00

Cooperative micro-credit brings self-reliance to Asrayan dwellers

2015-07-15 00:00:00

RANGPUR, July 14 (BSS): Hundreds of the rehabilitated river-eroded families at 22 Asrayan Prokalpo here have set up example in ensuring proper use and re-payments of cooperative micro-credit loans after achieving self-reliance. The micro-credit loans along with other assistance being...

River bank protection work progressing in C\\\'nawabganj

2015-07-15 00:00:00

CHAPAINAWABGANJ, July 14 (BSS): The first phase of the Padma bank protection project involving Tk 274,18,39,000 at Alatuli in sadar upazila has been nearing completion. According to the district office of the Bangladesh Water Development Board (BWDB), meanwhile 85 per...

Potholed Kahaloo-Bogra road affects industrial development

Our Correspondent | 2015-07-15 00:00:00

BOGRA, July 14: A six kilometre stretched road from Kahaloo to Bogra Charmatha area has developed cracks and potholes in numerous places. The most important industrial zone Shitlai of the district is threatened due to ditches developed in the road...

Eid shopping gets momentum in Sylhet city markets

Our Correspondent | 2015-07-15 00:00:00

SYLHET, July 14: Eid shopping reached peak in the markets in Sylhet city as well as in the upazila towns with only few days left to the Muslims' greatest festival. The traders are hopeful of making a good profit this...

18 institutions get multimedia equipment in Gaibandha

2015-07-15 00:00:00

GAIBANDHA, July 14 (BSS): A total of 18 academic institutions in secondary level of Sadar upazila today got equipments for multimedia class rooms from the government here. A simple function organised by Sadar upazila parishad was held at the auditorium...

Iftar hosted for the disabled in Netrakona

2015-07-15 00:00:00

NETRAKONA, July 14 (BSS): District administration hosted an Iftar party for the blind, dumb and physically challenged students of different educational institutions and floating people at the local Circuit House here on Monday evening. Deputy Commissioner Dr. Torun Kanti Shikder...

Wife killed by husband

2015-07-15 00:00:00

NAOGAON, July 14 (BSS): A woman was allegedly killed by her husband at Aurjunpur village under Dhamoirhat upazila here last night. The victim was identified as Maloti Robi Das (55), wife of Harichoron Robi Das of the village. Harichoron might...

Snakebite kills poultry worker

2015-07-15 00:00:00

MANIKGANJ, July 14 (BSS): A poultry worker died of snakebite at Narchi village under Ghior upazila of the district this morning. The victim was Ekramul Haque (22), resident of Hatighata-Durgapur village under Singra upazila in Natore district. Locals said, a...

Process of enclave exchange going on

Our Correspondent | 2015-07-15 00:00:00

NILPHAMARI, July 14: Enclaves of the two sub-continental countries of Bangladesh and India are to be exchanged on July 31 of this year for which the people of the enclaves had to wait for long 68 years. In the meantime...

News in Brief

2015-07-15 00:00:00

Govt distributes Tk 17.4m in Joypurhat The government distributed Tk 1,74,00000 as allowance for physically challenged people in the district during the last fiscal (2014-15). The Department of Social Service (DSS) distributed the allowances among 2,753 physically challenged people in...

2,100 farmers getting training under IFMC project

2015-07-15 00:00:00

JAMALPUR, July 14 (BSS): Department of Agriculture Extension (DAE) is providing training to 2,100 farmers under its Integrated Farm Management Component (IFMC) project. A total of 42 farm schools have been set up in the district for the training. Department...

Couple suffer burn injuries in acid attack

2015-07-15 00:00:00

COMILLA, July 14 (UNB): A man and his wife received serious burn injuries as miscreants threw acid on them at Bhiti Basania village in Homna upazila early Tuesday. The injured were identified as Parimal Chakraborty (40), a gold trader and...

Photo: KHULNA: The 315-metre long bridge under construction on the river Kobadak

2015-07-15 00:00:00

Steadying the path from LMIC to UMIC with lower income inequality

Sadiq Ahmed in continuation of his economic analysis | 2015-07-15 00:00:00

The primary reason for income inequality in a market economy is the unequal initial distribution of physical wealth and human capital. Unless checked and offset by corrective policies, this initial unequal distribution tends to get magnified as income grows because...

Bangladesh as an LMIC: What are the implications?

Muhammad Shafiullah | 2015-07-15 00:00:00

The World Bank classified recently Bangladesh as a lower middle income country (LMIC), lifting it from a low income country (LIC). Every year in June, marking the end of its fiscal year, the World Bank classifies economies based on their...

Graduating from LDC status: Assessing Bangladesh’s progress

Muhammad Shafiullah and Naureen Khan | 2015-07-15 00:00:00

Bangladesh was recently promoted as a lower middle income country (LMIC) from a low income country (LIC) classification by the World Bank. However, since 1975, Bangladesh has been classified as a least developed country (LDC) by the United Nations Committee...

Tigers take on Proteas today

2015-07-15 00:00:00

Bangladesh will take on mighty South Africa, eyeing first-ever series victory, in their third and last match of their three-match National Polymer One Day International (ODI) Cricket Series at the Zahur Ahmed Chowdhury Stadium in Chittagong today (Wednesday), reports UNB....

Zia emerges champion in rating chess

2015-07-15 00:00:00

GM Ziaur Rahman Zia of Dhaka Mohammedan Sporting Club Limited emerged unbeaten champion in the Gazi Habibur Rahman International Rating Chess tournament that concluded Tuesday at the Bangladesh Chess Federation hall room in the city, reports UNB. Zia earned 8.5...

Sheikh Jamal booters thrash Team BJMC 4-1

2015-07-15 00:00:00

Holders Sheikh Jamal Dhanmondi Club further consolidated their claim to clinch the Manyavar Bangladesh Premier Football League title beating Team BJMC by 4-1 goals in the 2nd leg match at the Bangabandhu National Stadium in the city Tuesday, reports UNB....

Feni emerge zonal champion eliminating Ctg

2015-07-15 00:00:00

Feni District team emerged zonal champion to reach the final round of the Sailor-BFF National U-15 Football Championship eliminating hosts Chittagong District team by 4-3 goals in tie- breaker at the MA Aziz Stadium in the port city of Chittagong...

Mango prices go up in local market

2015-07-15 00:00:00

RAJSHAHI, July 14 (BSS): After around one-and-a-half month long brisk business, mango trading in Rajshahi and Chapainawabganj districts is now fizzling out amid the last moment exorbitant price. Taking the advantage of the holy month of Ramadan coupled with short...

4,054 tonnes of VGF rice distributed in Rangpur

2015-07-15 00:00:00

RANGPUR, July 14 (BSS): Distribution of 4,054.70 tonnes of rice among 0.40 million (4.05 lakh) poor families was completed under the special Vulnerable Group Feeding (VGF) Programme in the district on Tuesday. The rice was distributed to assist the poor...

Stocks extend gaining spell for 6th day

FE Report | 2015-07-15 00:00:00

Stocks extended their gaining streak for the six straight sessions Tuesday, the last trading session before Eid holiday, as earning news continued to attract investors. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 27.28 points...