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Road from Bali: Moving towards plurilateral reform?

Hasnat Abdul Hye | 2014-08-08 00:00:00

The signing of the trade deal at Bali, Indonesia last year was hailed as a watershed event causing euphoria among the member countries. It was the first time that the World Trade Organisation (WTO) reached an agreement on trade reforms...

Corporate tax structure and investment

Khondaker Golam Moazzem | 2014-08-08 00:00:00

Corporate tax came into particular focus this year in the course of discussions on the national budget for FY2014-15. A major conclusion of these discussions was that corporate taxes in Bangladesh were very high, misaligned with other taxes and the...

Moving multilateral trade talks forward

2014-08-08 00:00:00

The much awaited post-Bali trade talks are facing a major setback as the World Trade Organisation (WTO) is stuck with one of the key trade deals it drafted at the Bali Ministerial conference last December. This comes as a shock...

Inequality versus human development

Wasi Ahmed | 2014-08-08 00:00:00

The recently released United Nations Human Development Report (2014) is important not for the few positives it has been able to dig out through its extensive research but the stark inequality that it finds as a stumbling block to development...

Providing incentives to small farmers

Fahmida Hashem | 2014-08-08 00:00:00

History has shown us that when conditions are right, small farmers have always consistently made dramatic improvements in productivity growth. It is estimated that even if large farmers increase their production by 20 per cent by 2050, smallholder farms will...

Protect press freedom

2014-08-08 00:00:00

It is indeed alarming to know that the government is out to suffocate the voice of free press in the name of a national broadcast policy. The media will not be able to publish anything "demeaning" the law enforcing agency...

Small loans for small traders

2014-08-08 00:00:00

This pragmatic and realistic issue, proposed by the SME Foundation, was published in the media on 7th August. If implemented, this will be of great help for many small retailers and shop owners operating across Bangladesh in all urban and...

Emergency medicare services during Eid holidays

2014-08-08 00:00:00

Public hospitals remained almost closed during Eid ul Fitr. It is learnt that indoor patients were forced released from hospitals. The reason is simple-the doctors and ancillary staff members went on Eid holidays. So the admitted patients were sent on...

The agonies of Palestinian children

Tahseen Rashid | 2014-08-08 00:00:00

It's 12 o'clock. Can you guess what it means? It means that at least one child died in Gaza in the past hour. Well that's the info the UN gave in their latest report regarding the war between Israel and...

Investors\\\' participation encouraging on DSE

FE Report | 2014-08-08 00:00:00

The stock market ended flat in the green Thursday as investors took position on specific large cap stocks amid profit taking. The market opened with an upbeat note, but could not sustain as session progressed amid choppy trading. DSEX, the...

Move to make EPB more functional

Talha Bin Habib | 2014-08-08 00:00:00

The government has initiated a move to incorporate some fresh provisions in the draft Export Promotion Bureau (EPB) Act, 2014 aiming to make the Bureau more functional and effective for further rejuvenating the country's overseas trade. Regular holding of board...

Low-cost internet services to rural people aimed at

FE Report | 2014-08-08 00:00:00

Cambium Networks, a global leading wireless broadband solution provider, has started its journey in Bangladesh with its allied Cloud Wireless Networks (CWN) aiming to connect rural people with low- cost internet services. To reach the targeted group of unconnected people,...

Shadow banking in China, other emerging markets a threat to global financial stability

2014-08-08 00:00:00

An old adage goes, "Nothing succeeds like success and nothing fails like excess." This is quite relevant in the context of China - now facing slowing growth as well as the dangers of the systemic credit risks emanating from the...

News Briefs

2014-08-08 00:00:00

IDCOL to finance MCL for setting up 5 solar pumps Infrastructure Development Company Limited (IDCOL) on Thursday signed a financing agreement with Mazand Consortium Limited (MCL) for setting up five solar irrigation pumps in the country. Under the agreement, the...

Photo: World Brand Congress has recently awarded Samsung Mobile Bangladesh

2014-08-08 00:00:00

Drive to implement \\\'jute packaging law\\\' launched

Arafat Ara | 2014-08-08 00:00:00

The government launched a mobile court drive Thursday to enforce the mandatory 'jute packaging act' as part of the initiative to ensure use of jute bags for packaging of different products. Initially, the drive was launched at the city's Karwan...

BB asks GP to withdraw its TV commercial on Mobicash service

2014-08-08 00:00:00

Grameenphone has been asked to stop and withdraw its TV commercial on its 'Mobicash' service as it was found to be illegal and also aired without permission of the Bangladesh Bank, reports UNB. The country's leading private mobile operator has...

BB asks GP to withdraw its TV commercial on Mobicash service

2014-08-08 00:00:00

Grameenphone has been asked to stop and withdraw its TV commercial on its 'Mobicash' service as it was found to be illegal and also aired without permission of the Bangladesh Bank, reports UNB. The country's leading private mobile operator has...

Standard Chartered shares down

2014-08-08 00:00:00

LONDON, Aug 7 (AFP): Europe's main stock markets stumbled at the opening of trading on Thursday, as investors awaited decisions on interest rates from the ECB and Bank of England. London's benchmark FTSE 100 index fell 0.15 per cent to...

Dividend of closed-end mutual funds declared

2014-08-08 00:00:00

The Trustee Committee of the following Funds managed by ICB Asset Management Company Limited in its meeting Thursday approved dividend for the FY 2013-14 as follows: The record date for entitlement of dividend of the above mentioned closed-end Mutual Funds...

ICB AMCL discloses NAV of MFs

2014-08-08 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on August 6, 2014, said a...

ICB AMCL discloses NAV of MFs

2014-08-08 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on August 6, 2014, said a...

Afghan unity talks at early impasse

Hamid Shalizi and Jeremy Laurence of Reuters from Kabul | 2014-08-08 00:00:00

The two men vying to become Afghanistan's next leader may have shaken hands on a deal to resolve a bitterly disputed election, but they are miles apart on a critical component of their gentleman's agreement - forming a united government....

Palestine seeks ICC war crimes case against Israel

Jussi Rosendahl and Anthony Deutsch of Reuters from The Hague | 2014-08-08 00:00:00

Palestinian Foreign Minister Riad al-Malki said there was "clear evidence" of war crimes by Israel during its offensive in Gaza as he met International Criminal Court prosecutors to push for an investigation. Malki visited The Hague shortly after Israel and...

India bets on Modi touch to reform infrastructure PPP drive

Tommy Wilkes of Reuters from New Delhi | 2014-08-08 00:00:00

India's new government is betting on Prime Minister Narendra Modi to replicate his relative success with regional infrastructure projects to ensure fewer public-private partnerships (PPP) stall for want of land. The government wants private companies to contribute half of a...

Powdered milk risky for infants: Experts

2014-08-08 00:00:00

JESSORE, Aug 7 (BSS): One year old Paru of Shanta village in Sharsha Upazila here is suffering from moderate malnutrition. Rahela, mother of Paru, told the agency that she could not give breast milk to her baby for two months...

Gold up on geopolitical tensions in Ukraine

2014-08-08 00:00:00

CHICAGO, Aug 7 (Xinhua): Gold futures on the COMEX division of the New York Mercantile Exchange rose yesterday as tensions mounted on borders between Russia and Ukraine, boosting demand for safe haven assets. The most active gold contract for December...

Oil prices extend falls

2014-08-08 00:00:00

LONDON, Aug 07 (AFP): Oil prices hit fresh multi-month low points on Thursday as markets gear up for an expected drop in US gasoline demand, while worries about potential supply disruptions have subsided. US benchmark West Texas Intermediate for delivery...

Putin signs anti-sanction decree banning agricultural imports from West

2014-08-08 00:00:00

MOSCOW, Aug. 7 (Xinhua): Russian President Vladimir Putin has signed a decree banning or limiting the import of agricultural products from countries that imposed sanctions on Moscow, the Kremlin press office said yesterday. The decree, which came immediately into force,...

Nickel rises on Russia sanctions concerns, copper steadies

2014-08-08 00:00:00

LONDON, Aug 7 (Reuters): Nickel prices rose by up to 2.3 per cent on Thursday, lifted by the closure of a mine in Papua New Guinea and the prospect that wider Western sanctions against Russia could soon affect the major...