Rita Bhoumick When the bus pulls up to a stop it is already filled with passengers, some of them standing on its door. Fatema is one of about a dozen people who rush to the bus to try to get...
Matthew Bigg The Umoja shantytown was intended to shock. Just a few miles (kilometres) from the luxury condos of Miami Beach, it stood as a protest at the lack of affordable city housing. Its shacks, made of cardboard and wood...
Martin Wolf"In Rome everything is for sale." - Prince Jugurtha in Sallust's Bellum Jugurthinum "Yes to market economy, no to market society." - Lionel Jospin, French Socialist ex-prime minister.It is capitalism, not communism, that generates what the communist Leon Trotsky...
Vaclav KlausWe are living in strange times. One exceptionally warm winter is enough ¨C irrespective of the fact that in the course of the 20th century the global temperature increased only by 0.6 per cent ¨C for the environmentalists and...
Ed Crooks and Javier Blas in LondonBiofuels will provide only a small proportion of the world's demand for fuel in the next decade, the developed countries' energy watchdog has said in an attempt to reassure Opec that the need for...
Anna Fifield in SeoulThe South Korean government must move beyond piecemeal financial liberalisation and institute fundamental structural reforms to generate new economic momentum, the Organisation for Economic Co-operation and Development says.In particular, Seoul should try to be more attractive to...
RIGHT to information is a basic prerequisite for any democratic society. This article of democratic faith is recognised universally. Notwithstanding the recognition, when it comes to the question of compliance, few democracies care to produce a clean record on the...
Syed Fattahul AlimECONOMIC growth of any society depends classically on the manufacturing sector. Bangladesh-though a nation born in the last quarter of the twentieth century-has not been able to get rid of the blemish of underdevelopment. There are reasons aplenty...
Fiona Harvey and Ed CrooksTURNING grains and sugar cane into fuel is not the answer to cutting greenhouse gas emissions from transport, one of the most influential economic experts on climate change has said.Sir Nicholas Stern, author of a landmark...
Adam Jones writes from ParisTHE Paris-based think-tank for 30 wealthy nations insisted that globalisation was "compatible with high employment rates, provided the right domestic policies are in place". Countries should pursue policies to manage the insecurities of life in the...
I live in the capital's Shantinagar area. This area experiences water logging even after a little rainfall. Every year, the authorities concerned carry some development works of the drainage system. They dig the roads and the lanes in and around...
There is every reason for this government which has been showing real activism in many vital spheres, to take immediate actions to the best of its ability to overcome years of shocking neglect and irresponsibility in improving drainage conditions so...
Jasim Uddin Haroon The country's apparel sector faces a slump in export as it sees overseas buy orders falling due to freak weather that dampens demand in the US and European markets.The buy-orders dropped by around 30 per cent over...
Former State Minister and BNP leader Amanullah Aman was Thursday sentenced to thirteen years in jail while his wife Sabera was jailed for three years by a special court in a graft case, one of scores being faced by bigwigs...
Doulot Akter MalaThe National Board of Revenue (NBR) received statements about undisclosed money worth Tk 5.4 million from 13 individuals until Thursday.The board received the statements from the individuals in response to the government's recent offer on legalisation of untaxed...
FHM Humayan Kabir The country's overall imports have risen by 14.88 per cent over the first eleven and a half months of the current fiscal against those of the corresponding period of the last fiscal.However, in the last month, the...
FE Report Finance and planning adviser Mirza Azizul Islam has differed with the opinions by former ministers and lawmakers that the proposed duty structure for the new fiscal will destroy the local industry and turn the country into a market...
FE ReportThe Privatisation Commission (PC) is likely to take the final decision soon about the sale deal on largely state-owned Rupali Bank (RB) with Saudi prince Bandar Bin Mohammad Bin Abdulrahman Al Saud, the highest bidder.PC sources said representative of...
FE ReportBangladesh's expatriates have remitted US$5.713 billion to the country during the first eleven and a half months of the current fiscal, which is $911.16 million higher than the same period of last fiscal.Bangladesh Bank (BB) officials said that the...
Awami League presidium member Amir Hossain Amu said Thursday that democracy had not worked in the AL and stressed reforms to the party to function democratically, reports bdnews24.comAmu's remarks came when he and some senior members met "informally" and talked...
The government has announced the guidelines for admission into the 11th class for the academic year 2007-08, reports UNBAccording to the guidelines, no selection or admission test will be held for admission. Admission of students will be made on the...
Bangladesh and India are likely to take up the longstanding bilateral issues like trade imbalance, border demarcation, water sharing and security concerns for a negotiated solution when the foreign secretaries (FSs) of the two countries open talks in Dhaka on...
The government has decided to appoint Mohammad Saiful Amin Khan, currently serving as the Principal in Foreign Service Academy, the country's Ambassador to the Kingdom of Spain. — UNB
Alejandro Cravioto has been appointed Executive Director of ICDDR,B with effect from Sunday last. He is replacing David A Sack, who has been the Executive Director of ICDDR,B since 1999. Cravioto is a native of Mexico and has a distinguished...
The government of the United Arab Emirates (UAE) will provide Tk 600 million (60 crore) as financial assistance to the children of four countries, who were injured in accidents while being used as camel jockeys in that country. The countries...
FE ReportThe World Bank (WB) will provide funding worth US$ 23 million (2.3 crore) to the government to support both village communities as well as the underserved segment of the urban poor in Dhaka city.Two separate agreements were signed in...
FE ReportThe Bangladesh Jute Spinners Association (BJSA) has appealed to the National Board of Revenue (NBR) for reviewing some of the duty enhancements that have been proposed in the national budget for the fiscal year (FY) 2007-08.Among the proposals, the...
Biman employees with links to any corruption will be kept out of the golden handshake opportunity, a senior official concerned said Thursday, reports bdnews24.com.Responding to a government proposal, as many as 2,162 employees of Biman Bangladesh Airlines have signed up...
FE ReportThe indices on the Dhaka Stock Exchange (DSE) maintained its upward trend Thursday, the last trading day of the week, though the turnover declined due to profit taking by the investors. Market operators said the prices of shares of...
FE ReportThe inter-bank call money rate eased slightly Thursday despite withdrawal of large amount of cash through reverse repurchase agreement (repo). The demand for cash was higher, fund managers said. The rate moved between 6.50 per cent and 10.00 per...
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