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Port city to expand to Anwara through immersed tunnel

2010-12-14 00:00:00

Chittagong port city will be extended to the south bank of the Karnafuli River with implementation of the proposed immersed tunnel in the river linking the thriving industrial area of Anwara. Anwara, which is locally called the daughter of the...

Prantik -- the lone aluminium shipbuilder of the country

2010-12-14 00:00:00

DESH Shipbuilding and Engineering Ltd (DSEL), an enterprise of Prantik Group, has recently entered the flourishing shipbuilding industry in Bangladesh with an aim to build specialized Aluminium ships.Being established in May 2008 under the umbrella of Prantik Group, the company...

WTC in Ctg to bring dynamism in economy

2010-12-14 00:00:00

More than a building or an organisation, a World Trade Centre (WTC) brings together they businesses, and the government agencies involved in international trade, provides essential trade services and stimulates the economy of the region it serves. It puts all...

FDI in RMG needs to be kept confined to EPZs

2010-12-14 00:00:00

With the RMG (readymade garment) industry seeing a buoyant growth in exports thanks to the current inflow of orders from buyers the industry insiders require the government's move for backward linkage facility like electricity and gas on the fast track.The...

'There is nothing called edible oil refiners' syndicate'

2010-12-14 00:00:00

In a dramatic move the edible oil suppliers and importers have agreed to sell unpacked soybean oil at lower prices at the mill-gate and in wholesale market. The price of bottled soybean will also be re-fixed accordingly as agreed in...

Interference in bidding for NCT to cost the economy heavily

2010-12-14 00:00:00

For procedural flaws one after another and deletion of clauses the much awaited tender of New Mooring Container Terminal (NCT) is being cancelled or revised after final stages of bidding and the cost is going sky-high while the country keeps...

CCC failing to provide what citizens deserve

2010-12-14 00:00:00

"Whatever be the course that history takes, it is my sincere wish, as it is also my belief that a greater position and prosperity may lie before this place into future that it has ever hitherto enjoyed."It was the concluding...

PHP Group: Moving ahead

2010-12-14 00:00:00

In a giant shake-up the PHP Group, a leading industrial conglomerate, has embarked upon a host of new projects over the recent months. In the span of last six months it has owned a state-of-the-art plant to produce low manganese...

Insurance for the poor

2010-12-14 00:00:00

Insurance industry of Bangladesh has a long history of evolution. About a century back, couple of insurance companies started both general and life insurance business during the British regime in India. However, insurance business got the momentum during the East...

Govt must act

2010-12-14 00:00:00

Bangladesh has the highest population density in the whole world. Dhaka city alone has close to 13 million people, almost two-thirds of the population of Sri Lanka. Fertility and population growth have fallen to some extent in recent times. Despite...

The row over US monetary policy

2010-12-14 00:00:00

Those who find it difficult to understand why an increase in the international prices of rice should raise domestic prices when the country produces more then 90 percent of its consumption will be at a greater difficulty to follow the...

Which way privatisation?

2010-12-14 00:00:00

It is mainly the 'indecisiveness' on the part of economic policy planners of the government about the future privatization programmes that is responsible for leaving a negative impact on the investment activities of the country. The pace of development activities...

Risky shadows looming over financial sector

2010-12-14 00:00:00

The financial sector of a country is like life-blood for its economy. Sure, the real economy meaning farmers tilling their lands, workers producing in factories, service providers engaging in their activities, all these keep the economy's wheels running. But just...

True freedom elusive as ever

2010-12-14 00:00:00

Political history is replete with multiple symbols based on creed, colour, class, language, indeed anything that is exploitable in one way or the other to advance particular ends. Many such manipulations have been mischievous, such as, the sowing of sectarian...

Telcos seeks to know fate of 2G renewal before going for 3G

2010-12-14 00:00:00

Telecom operators are seeking a clear picture from the government on issues relating to renewal of 2G telecom licences and issuance of 3G licenses as well to sustain the growth of mobile telephony.Among the six mobile operators, five licenses will...

Simple mathematics of weightage & ISR system

2010-12-14 00:00:00

In modern age, before coming to a Mudaraba agreement, an Islamic Bank, as a Mudarib, has to put forward in its offer some terms and conditions relating to time and manner of deposit, treatment of pre-mature encashment, withdrawal restrictions, importance...

Power to cost users, government more

2010-12-14 00:00:00

Electricity is dubbed as the engine of growth for any country as it helps rapid industrialisation, accelerates the pace of socio-economic development and reduces poverty.Like any other developing country around the globe electricity demand has been rising sharply in Bangladesh...

Bangladesh's energy future: A case for public-private partnership

2010-12-14 00:00:00

Economic growth spurred by manufacturing boom has fuelled the demand for energy in Bangladesh. Over the last decade, the nation has experienced a net energy demand growth in the order of 8.0 per cent a year. But years of under-investment...

Mind your language

2010-12-14 00:00:00

LANGUAGE spoken or written is the most important tool of communication for the entire human race. It reflects and affects a nation's ways of thinking. Here my main focus is on language used in verbal communication rather than the written...

Travelling through thresholds and benchmarks

2010-12-14 00:00:00

Bangladesh, which geographically lies between 20°34" and 26°38" N latitude and 88°01" and 92°41' E longitude, has an area of 147,570 Sq. km, bordered by India on three sides--West, North and East--and a short strip of land of Myanmar also...

‘Revenue board reaps little benefit from reform’

2010-12-14 00:00:00

Reform is a continuous process in the revenue board. It had carried out several reform programmes to enhance capacity and augment revenue earning. The reform projects, supported by development partners, has not brought desired changes. Unofficially revenue officials and donors...

When a policewoman beats a man naked

2010-12-14 00:00:00

On December 03 last, a marvelous heroic act was caught in CCTV at a Madrid train station. Security cameras recorded an off-duty policeman rescuing a man from the path of a rushing train.At the Puerta del Angel subway station in...

‘Diversification can unlock vast opportunities for apparels’

2010-12-14 00:00:00

Since the inception of Desh Garments Ltd., in Chittagong in 1978, the country's ready-made garment industry (RMG) saw a dramatic expansion over the past three decades. Now, the RMG industry has become the largest export earning sector of our country,...

Policy, financing and expenditure outcomes

2010-12-14 00:00:00

Increasing enrollment and achieving gender equity have been the hallmark of education policy in Bangladesh for the last two decades. More recently, prominence has been given to improving the quality of education.While overall enrollment rates have been sustained and even...

The technology and politics of duty-free market access to the us

2010-12-14 00:00:00

When Bangladesh began to increase its exports of ready-made garments (RMG), in the early-1980s, it was hit by quotas (government restriction on the maximum amount of imports of a particular product in a particular year). This quota, particularly by the...

Economy rebounds ahead of global recovery

2010-12-14 00:00:00

Tentative Global Outlook: It is still too early for world leaders to claim victory over The Great Recession of 2008-09. The global economic recovery is anything but robust. Fears of a double dip recession still loom on the horizon. Near...

The global crisis, rise of Asia and policy challenges

2010-12-14 00:00:00

A major economic crisis -- characterized as the “Global Economic Crisis” -- has just passed with devastating impacts on many parts of the world. Throughout the world policymakers, policy analysts, and academicians are assessing lessons learned, policy insights that we...

Microfinance: Escape from poverty or into a deeper hole?

2010-12-14 00:00:00

The microfinance industry in India is not reportedly going great. Following some untoward incident in some central and southern states, the Government of India is revisiting the entire framework around microfinance. The incriminations and charges have somehow crossed the boundaries...

Economy ‘booming’ despite high cost of doing business

2010-12-14 00:00:00

The economy is booming now, due mainly to the confidence of local and foreign investors, said A K Azad, President, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in an exclusive interview with the FE.He said there is no...

South Asia--time is ripe to act together for a prosperous future

2010-12-14 00:00:00

South Asia, home of nearly one fifth of the global population, is in the vortex of myriad of problems ranging from economic woes to sensitive political issues that severely afflict the socio-economic advancement of the region. True, there has been...