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Beyond digitised development

Nilratan Halder | 2020-02-01 00:00:00

At a time when digitisation has become a buzz word even in countries not known for much scientific and technological advancement, there is hardly any quest for the missing link. The missing link here is the knowledge gap arising out...

Why technical education is imperative

Kamal Uddin Ahmed | 2020-02-01 00:00:00

In any country, technical education plays a vital role in human resource development. It produces a skilled workforce, augments productivity and helps improve the quality of life of the people. Producing qualified and capable human resources in this age of...

Money transfer through mobile phones

Abdul Bayes | 2020-02-01 00:00:00

Various surveys in Bangladesh show that over four-fifths of rural households have at least one mobile set. Both agricultural and non-agricultural activities are heavily dependent on this gadget. As was shown by the adoption of modern technology in rice production,...

Direct cruise ship brings St. Martin’s, Cox's Bazar closer

Abdul Monayem Khan | 2020-01-31 00:00:00

COX'S BAZAR, Jan 30: A direct sea route between Cox's Bazar and St. Martin's has been launched easing further transportation between the Cox's bazar city and the coral island in the Bay of Bengal.Passengers usually use the Teknaf point, nearly...

Addressing family issues: What men can do

S. M. Rayhanul Islam | 2020-01-31 00:00:00

The growing interest in the role of men in the family has been triggered by diverse demographic, socio-economic and cultural transformations that have occurred over the past several decades, impacting the formation, stability and overall well-being of families. Enormous changes...

Pledges are easier made than realised

Shamsul Huq Zahid | 2020-01-31 00:00:00

Ahead of tomorrow's two city corporation polls, promises have been flowing in aplenty to make Dhaka a problem-free, modern and liveable city. Mayoral candidates of both the ruling Awami League and the opposition Bangladesh Nationalist Party (BNP) while speaking at...

Determining the emotional and commercial

Nilratan Halder | 2020-01-31 00:00:00

Human organ donation is a highly sensitive issue. Deciding the legal parameter turns out to be a tricky and complex business because the task involves navigation between emotional donation and commercial organ transaction. In countries like Bangladesh where extreme poverty...

Reducing risks of non-performing loans

Md. Shamsul Arefin | 2020-01-31 00:00:00

Non-performing loans (NPLs) that turn into bad debts are a problem for banking sector everywhere in the world. Bangladesh is no exception. The banks are now paying more attention to the supervision and management of the risks with a view...

Dhaka decries Delhi's discriminatory policy

SYFUL ISLAM | 2020-01-30 00:00:00

Dhaka has protested New Delhi's discriminatory policy against Bangladeshi individuals and entities who plan to invest in India.Officials said India has kept Bangladeshi citizens and companies in "restricted" category for a long time by stating that they can invest only...

Row over likely revocation of agri labour ordinance

Rezaul Karim | 2020-01-30 00:00:00

Industries and agriculture ministries, and local government division are at loggerheads over the proposed abolishment of the Agricultural Labour (Minimum Wages) Ordinance-1984.The ministries think the existing ordinance is not necessary for the country now, officials said.But the local government division...

Technology in classrooms

Ali Iqbal Murshed | 2020-01-30 00:00:00

Over the years educational models have changed in step with society, adapting to the circumstances and needs of each era. The educational reality today is nothing like that of one century ago. The concept of the school as people understand...

What does a CEO do daily?

Asaduzzaman Rassel | 2020-01-30 00:00:00

A chief executive officer (CEO) is the highest-ranking position in a company, primary responsibilities of a CEO includes making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the...

Why AI will not abolish work

Andrea Komlosy | 2020-01-30 00:00:00

The diffusion of artificial intelligence (AI) across the economy has raised the possibility - and for many, the fear - that machines will eventually replace human work. They will not only perform an ever-larger share of mechanical operations, as we...

Exchange rate undervaluation for export-led growth promotion

Vladimir Popov in Berlin and Jomo Kwame Sundaram in Kuala Lumpur | 2020-01-30 00:00:00

One mercantilist view is that exchange rate undervaluation - e.g., via accumulation of foreign exchange reserves in China's case - is 'industrial policy' to promote export-led growth, benefiting producers of exports while discouraging imports.Taxes and subsidies are tools of selective...

DITF has yet to assume shape of a proper trade fair

Helal Uddin Ahmed | 2020-01-30 00:00:00

Trade fairs are held worldwide for the purpose of exhibiting, showcasing and displaying latest products and services by businesses. They also offer an opportunity to meet business-cum-industry partners and customers, get acquainted with the latest activities of business competitors, and...

Implementation of 8th Plan towards achieving SDGs: Building partnership

Shamsul Alam | 2020-01-29 00:00:00

In a fractured and divided world, building partnership within and across nations is increasingly becoming more and more vital. Achieving Sustainable Development Goals (SDGs) requires effective partnership between the governments, private sectors, development partners, non-governmental organisations (NGOs), academicians and professional...

China ranks world's second largest arms producer

Thalif Deen at United Nations Headquarters, New York | 2020-01-29 00:00:00

Donald Trump, the vociferously unpredictable US president, has long chastised China for seeking "unfair" advantage over trade and tariffs, violating intellectual property rights and "manipulating" the country's currency to its advantage.But while this blatant political rhetoric has continued ever since...

Healthy growth-rate, but why stop estimating real wages?

Asjadul Kibria | 2020-01-29 00:00:00

There was a moderate rise in nominal wage of low-paid skilled and unskilled workers in the country in the past year. Wages Rate Index (WRI), released by the Bangladesh Bureau of Statistics (BBS) early this month, showed that National WRI...

NBR mulls lottery for VAT payers

DOULOT AKTER MALA | 2020-01-28 12:00:00

The National Board of Revenue, or NBR, has decided to honour the consumers considering the uses of invoices generated by electronic fiscal device.The VAT online project will award consumers by conducting a lottery among them so that they can be...

Some banks slash deposit rates ahead of schedule

SIDDIQUE ISLAM | 2020-01-28 12:00:00

A good number of banks have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged. The downward revision of the deposit rates comes much ahead of the date---April 01 next--- suggested by Finance Minister AHM...

Why IMF cuts global growth estimates

Sarwar Md. Saifullah Khaled | 2020-01-28 12:00:00

Omproving the United States (US) and China trade tensions has eased growth uncertainty and in the absence of that the world economy may have hit the bottom, the International Monetary Fund (IMF) said on January 20, 2020. Yet, a sharp...

Towards a tax payer-friendly environment

Muhammad Abdul Mazid | 2020-01-28 00:00:00

There is a general perception that the existing income tax regulations in Bangladesh are British in birth, too much intricate in attitude and cumbersome for enforcement. Though taxation, as an influential instrument for revenue income for the state, was very...

Swift turns to govt, seeks unfettered staff travel

SYFUL ISLAM | 2020-01-27 00:00:00

Swift, the global carrier of handling payment instructions between banks, has sought assurance from the government that its officials' planned travel would not be hampered on reserves heist probe grounds.The Society for Worldwide Interbank Financial Telecommunication wants to be reengaged...

One-yr driving can make instructors of heavy-vehicle drivers

Munima Sultana | 2020-01-27 00:00:00

The Bangladesh Road Transport Authority (BRTA) has relaxed a criterion for instructors of heavy vehicle drivers, allowing them to drive for a year only to train others.Earlier, they had to have three years of driving experience of heavy vehicles to...

Alternative housing to slums

Neil Ray | 2020-01-27 00:00:00

On Friday last fires left two slums -one in the capital and the other in the port city -- burnt down. The fire that broke out at Chalantika Jhilpar slum in Mirpur area of Dhaka reportedly consumed about a hundred...

ADP execution --- weaknesses aplenty

Shamsul Huq Zahid | 2020-01-27 00:00:00

Plenty of things, it seems, are not right as far as the implementation of the country's annual development programme (ADP) is concerned. Allegations have it that the pace of execution of development projects is very slow during the most part...

Talks with Chinese company underway

TALHA BIN HABIB | 2020-01-26 00:00:00

The government has started talks with a Chinese company for its potential investment in infrastructure in Bangladesh.Last year, a team of the company 'China-Pacific Construction Group (CPCG) Holdings' sat with commerce minister Tipu Munshi in Dhaka.During the meeting, they (Chinese...

Inequality, stagnation and instability

Yilmaz Akyüz in Geneva | 2020-01-26 00:00:00

The failure of large-scale bailout operations, historically low interest rates and rapid injection of liquidity to bring about a strong recovery from the 2008-2009 financial crisis and recession created a widespread concern that advanced economies suffered from a chronic demand...

Health and nutrition system

Abdul Bayes | 2020-01-25 12:00:00

Of late, health and nutrition status of populations, especially in developing countries like Bangladesh seem to attract a lot of attention. International research funds are flowing to that direction. After the country's remarkable economic growth and success in food grain...

Delhi rejects Dhaka's plea for lifting anti-dumping duties

SYFUL ISLAM | 2020-01-25 00:00:00

India has turned down a Bangladesh's request to withdraw anti-dumping duty imposed on the exports of Bangladesh's jute goods, hydrogen peroxide, and fishing net.The giant neighbour made the refusal at the commerce secretary-level meeting held recently in New Delhi.Officials at...