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New Israeli government, same Israeli apartheid

Ariel Gold | 2021-06-19 00:00:00

After 12 years, Israel finally inaugurated a new prime minister. While being hailed by many as the opportunity for a fresh start, Naftali Bennett is at best a continuer of Netanyahu's policies and at worst an ideologue whose positions are...

G7 nations should be equal to their promise

Syed Fattahul Alim | 2021-06-19 00:00:00

The group comprising the world's seven wealthiest countries-the so-called G7-from its recently held summit in Cornwall, Southwest England, pledged one billion doses of vaccine for the poorer countries. British Prime Minister, Boris Johnson, proudly called it 'a big step towards...

BD-linked money in Swiss banks falls

ASJADUL KIBRIA | 2021-06-18 00:00:00

Deposits in Swiss banks by Bangladeshi nationals and entities declined by 8.23 per cent to CHF (Swiss Franc) 562.86 million in 2020, according to latest data. The Bangladesh-linked money, considered as deposits, was CHF 603.02 million in 2019.The annual report...

Life and time of a great headmaster

Helal Uddin Ahmed | 2021-06-18 00:00:00

This extraordinary memoir on the life and times of one of the greatest high-school headmasters of this country late Jalal-ud-Din Ahmad has come out in print 28 years after the demise of the legendary headmaster. The conversations for the memoir...

Tackling spike of infection in bordering districts

Shafiun N Shimul and Shafa Tasneem | 2021-06-18 00:00:00

An upward trend of the Covid-19 infection is being noticed in the border areas of the country. Many bordering districts have witnessed a sharp rise in cases following an alarming upsurge in India. Lockdown has already been enforced in Rajshahi,...

Getting back to growth

Lone Engbo Christiansen, Ashique Habib, Margaux MacDonald, and Davide Malacrino | 2021-06-18 00:00:00

Producing and consuming more goods and services for the same amount of work sounds too good to be true. In fact, it's entirely possible. Higher productivity is one of the key ingredients to higher economic growth and incomes. It's all...

Is Covid-19 causing long term damages to the economy?

Rizwanul Islam | 2021-06-18 00:00:00

Amidst all the doom and gloom associated with the Covid pandemic, some good news - at least on the economic front -- has started to emerge. While both the IMF and OECD have forecast a strong rebound of the global...

Black money: Special facility or raids?

Shamsul Huq Zahid | 2021-06-18 00:00:00

A news story published in this paper some days back on the possibility of continuing the special facility for legalizing undisclosed funds in the next financial year (FY) must have disheartened many who have opposed it.The Finance Bill-2021 that was...

Improving rankings of universities

Nilratan Halder | 2021-06-18 00:00:00

Of the 28,000 or so universities in the world, the Quacquarelli Symonds (QS) World University Rankings 2022, in its 18th edition, released on June 8 last, has come up with 1,300 top such institutions. There are certainly those that are...

SoCBs widen sector's Q1 provisioning shortfall

Siddique Islam | 2021-06-17 00:00:00

The provisioning shortfall against their loans in the country's banking system swelled in the first quarter (Q1) of current calendar year despite the fact loan classification has been on a relaxed mode because of the pandemic. The shortfall increased to...

The fairy tale of 'no study in university'

Kashafa Khaldun | 2021-06-17 00:00:00

What is the most common dialogue a college student encounters before heading to university? "There is no real stress of study in university"- is perhaps the most common fairy tale every student grows up hearing. Such an ambiguous phrase acts...

Making dreams come true

Rezaul Hannan | 2021-06-17 00:00:00

Covid-19 has made quite an impact for students interested in studying abroad. Internet is now the mainstay of everything from admissions to classes. A leading educational consulting firm in Bangladesh is supporting students in this transition. Tina Salem Manzoor, the...

Magura 250-bed hospital depicts a grim picture

LITON GHOSH | 2021-06-17 00:00:00

MAGURA, June16: Magura 250-bed hospital is beset with manifold problems. These include manpower shortage, brokers' menace, bed crisis, lack of ambulance facility, insufficient and substandard diet for the patients.Magura sadar hospital was ungraded to a 250-bed one from 100- bed...

Addressing the scourge of child labour

Helal Uddin Ahmed | 2021-06-17 00:00:00

The global progress in addressing the malaise of child labour has stumbled for the first time in two decades in the wake of Covid-19 pandemic. The pandemic is likely to push millions more children into this trap unless mitigation measures...

Managing disruptions in Supply Chain Management -- Covid-19 experience

Immemul Haque | 2021-06-17 00:00:00

Supply Chain Management (SCM) is commonly known as the broad concept that helps organisations in sourcing raw materials for their production of goods and services and deliversing them to the consumers. The benefits of having an established SCM process have...

Employment & income generations should define Covid-19 recovery

Mustafizur Rahman, Towfiqul Islam Khan, Muntaseer Kamal, Nawshin Nawar, Marfia Alam, and Md Sabbir Hossain | 2021-06-17 00:00:00

The ongoing Covid-19 pandemic is having adverse impacts on the global economy from multidimensional perspectives. Bangladesh is no exception in this regard. The country has experienced a slowdown of economic activities on account of the pandemic, with consequent repercussions for...

NPLs up despite relaxed loan classification

Siddique Islam | 2021-06-16 00:00:00

The amount of classified loans in the banking sector increased slightly in the first quarter (Q1) of the current calendar year despite providing policy support by the central bank in relation to loan classification.The volume of non-performing loans (NPLs) grew...

How everyday business choices impact human rights

Earl R Miller | 2021-06-16 00:00:00

No matter where you live, the simple act of buying a product can affect the human rights of someone you have never met. Business activity - producing, selling, investing, and buying - impacts the lives of billions of people worldwide....

Budget: Capacity, ambition and misestimation

M. A. Taslim | 2021-06-16 00:00:00

The Finance Minister (henceforth FM) of the country has recently presented his budget proposals for the fiscal year 2021-22. This is the first budget prepared with more than a year's knowledge of the health and economic effects of COVID19 pandemic...

Stock market set to post highest return in decade

MOHAMMAD MUFAZZAL | 2021-06-15 00:00:00

The country's capital market is set to post the highest return in a decade in the outgoing fiscal year (FY), 2020-21, when most other sectors faced serious disruptions in their business operations due to the ongoing Covid-19 pandemic.The stock market...

BB working on CCP to minimise risks

SIDDIQUE ISLAM | 2021-06-15 00:00:00

The central bank is working on establishing a central clearing counterparty (CCP) as an independent authority to lower risks for government securities initially.It formed an eight-member high-powered committee, headed by Debt Management Department general manager Rup Ratan Pine, to conduct...

Spl facility for whitening money likely to continue

DOULOT AKTER MALA | 2021-06-15 00:00:00

The special facility given to legalise undeclared income is likely to continue in the upcoming fiscal year (FY) 2021-22 with some amendments. The government offered the opportunity for the outgoing FY only in a bid to 'check capital flight and...

A budget to rejuvenate private sector, tap local potential

Niaz Morshed Elite | 2021-06-15 00:00:00

From pundits to commoners and rich to poor, the major talking point since last week was the proposed national budget for 2021-22 financial year. Despite all the analyses and arguments, from where I see, one thing is undeniable that this...

Sajek Valley: A unique tourist spot

Mizan Ali | 2021-06-15 00:00:00

Surrounded by the hills of Mizoram on the east and Tripura on the north, Sajek Valley that once witnessed insurgencies now showcases Bangladesh's cultural diversity engaging people of different ethnicities in developing tourism in the area for their economic benefit...

Saving children, families fighting to survive

Syed Fattahul Alim | 2021-06-15 00:00:00

A report by the International Labour Organisation (ILO) and UNICEF says that, globally, the number of children in child labour has increased by 8.4 million in the last four years. As such, the total number of children in child labour...

The good diplomat

Syed Badrul Ahsan | 2021-06-15 00:00:00

Diplomacy is the art of speaking for a nation before nations abroad. A good diplomat is he who understands the reasons why he is being sent abroad by his government. In the first place, he will represent and speak for...

Dhaka: Facts about liveability ranking

Shamsul Huq Zahid | 2021-06-14 12:00:00

Despite Dhaka moving one notch up, the Economist Intelligence Unit (EIU) has adjudged the Bangladesh capital the fourth-least liveable city on earth this year (2021). The ranking must have saddened its 20 million-plus residents, particularly when mega structures such as...

FBCCI seeks major reform in tax regime

DOULOT AKTER MALA | 2021-06-14 00:00:00

The country's apex trade body has demanded bringing a major reform in the country's tax regime as it sought separation of the tax collection and policy wings to ensure time-befitting tax measures.As part of the reform, it suggested shifting the...

Facebook gets VAT registration

FE ONLINE | 2021-06-14 00:00:00

Social media giant Facebook obtained VAT registration from the National Board of Revenue (NBR) on Sunday complying with the government's law to operate as a registered taxpayer.From now on, the three entities of the company will have to submit VAT...

Getting over social decline

Neil Ray | 2021-06-14 00:00:00

In his magnum opus A Study of History, Arnold Toynbee concluded to the effect that great civilisations are not murdered, instead, they take their own lives. This means that forces within are in conflict to weaken and ultimately invite collapse...