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Restoring central banks' credibility

Larry Hatheway in Zurich | 2019-12-11 00:00:00

Recent jumps in equity prices and bond yields suggest that recession fears are receding. But the global economic expansion cannot last forever, and when the next recession comes, central banks may not be adequately prepared to respond. Enhancing central-bank credibility...

Rooftop solar power: The go-to option for industrial consumers

Mohammad Alauddin | 2019-12-10 12:00:00

Bangladesh is endowed with reasonably good solar energy potential, thanks to its geographical location. Of all renewable energy sources, solar is the most dispersed form of energy offering a wide range of applications using commercially available technologies. Important applications of...

Move underway to relocate riverside religious structures

TALHA BIN HABIB | 2019-12-10 00:00:00

The government has taken a move to relocate religious structures and educational institutions to new areas from the banks of the rivers around the capital city under its ongoing beautification project, an official said. The structures including mosques, graveyards, crematories...

Cost of living going beyond reach

Sarwar Md. Saifullah Khaled | 2019-12-10 00:00:00

Prices of essentials across the country are soaring day by day without any respite for consumers. The abnormal price hike of daily necessaries hits worst the people from the lower rung of the social ladder. The brunt of spiralling prices...

Port city: Problems and prospects

Nazimuddin Shyamol | 2019-12-09 12:00:00

Chattogram is the country's second-largest city and it hosts the prime seaport. Popularly known as commercial capital, it is situated in the southeastern part of the country, on the banks of the River Karnaphuli. Much of the city is surrounded...

Smart irrigation technology for sustainable agriculture

Polin Kumar Saha & Krishibid Khairul Kabir Mollah | 2019-12-09 00:00:00

In the circumstance of global energy crisis and water insufficiency, rice production system is being changed with the policy to produce more with minimum amount of water. In Bangladesh, use of groundwater in a massive scale for Boro rice is...

Derivatives to breathe life into stagnant investments

Sagira Sultana Provaty | 2019-12-09 00:00:00

An efficient capital market is a prerequisite at both the micro and macro levels of the economy. At the micro level, a well-organised capital market aids investors by providing a range of investment outlets for their savings. On the other...

Dhaka's lung affliction

Neil Ray | 2019-12-09 00:00:00

There could hardly be a more apt caption of a picture of Hatir Jheel than the one carried in a Bangla contemporary-Dhaka's lungs have developed cancer. Metaphorically speaking, Hatirjheel could indeed be dubbed the city's lungs. It was perhaps at...

Extravagance in power generation

Shamsul Huq Zahid | 2019-12-09 00:00:00

Some public agencies, apparently, feel that they have the liberty to be extravagant in the matters of utilising public funds. The Bangladesh Power Development Board (BPDB) is one such entity. It has been doling out the taxpayers' money right and...

The flip side of university education

Mark Bartholomew | 2019-12-09 00:00:00

Just twenty years ago, Chittagong University had some 25,000 students and was the only fully-fledged university in the city or, indeed, for a hundred kilometres in any direction. Now, the number of universities - both public and private - has...

Reaching the unbanked: Can digital finance change the game?

Gultekin Binte Azad | 2019-12-09 00:00:00

In this global network of communication, digitalisation and trade, financial inclusion of the unbanked masses is a widely discussed issue. This is because inclusive growth has recently become one of the world's most important policy goals. Governments, development partners, and...

Digital video: Global perspective and Bangladesh

Navidul Huq | 2019-12-09 00:00:00

More than 50 per cent of the world's internet traffic is people watching videos online. Over the last few years there has been an exponential growth in video streaming worldwide which has disrupted multiple industries, including movie industry, conventional media...

Why social security programme remains inefficient

Bazlul Haque Khondker | 2019-12-09 00:00:00

Each year Bangladesh spends about of 2.2 per cent of its GDP on various social security programmes, predominantly targeting the poor. Assessments of selection issue using Household Income and Expenditure Survey Data (i.e. various HIESs - namely HIES 2016 and...

Boon to some, bane for others

M. A. Taslim | 2019-12-09 00:00:00

Economic policies have consequences. Some policies, such as universal health care, are global in nature which affect all citizens of a country. Other policies are narrower in scope. For example, subsidies on some goods will benefit only a small part...

Climate change, coal plants and threats to Sundarbans

Syful Islam | 2019-12-09 00:00:00

The Sundarbans has once again proved the immeasurable necessity of its existence for wellbeing of the people living in coastal areas of Bangladesh. Perhaps the same was felt in Indian states of West Bengal and Odisha in November 2019 when...

Saudi Arabia opens doors to tourists

Abdullah M. Hasan | 2019-12-09 00:00:00

We have heard of holy cities of Makkah and Madinah in our childhood. The holy Kaaba, Masjid al-Haram (Sacred Mosque) surrounding it, Masjid an-Nabawi and the sacred places connected with life and times of Prophet Hazrat Muhammad (PBUH) became all...

Start-up scene: Emulating Silicon Valley model not worth it

Saif Kamal | 2019-12-09 00:00:00

Start-up is a buzzword, for sure! The opportunities it offers seem to be colossal. Bangladesh is a nation of more than 160 million with a growing youth population; it is inevitable that new businesses will flourish to serve this growth....

Agents to pay VAT for non-resident MNCs

DOULOT AKTER MALA | 2019-12-08 00:00:00

Multinational companies (MNCs), not having offices in Bangladesh, are unlikely to be allowed to pay VAT directly to the public exchequer, officials said.MNCs, not having establishments in Bangladesh, have to pay VAT through their agents, they said.Referring to the VAT...

No project on front side of Kamalapur railway station: BR

Munima Sultana | 2019-12-08 00:00:00

The Bangladesh Railway (BR) has decided not to allow any transport related projects linking the front side of Kamalapur Railway Station (KRS).The decision came at a recent meeting as BR was unable to build its planned multimodal transport hub (MMTH)...

Body formed to probe onion import, supply mismatch

Abdul Monayem Khan | 2019-12-08 00:00:00

COX'S BAZAR, Dec 07: The district administration has formed a high-powered committee to probe alleged manipulation of prices of onion by a section of importers and hoarding of the spice by the unscrupulous traders.Government officials said the committee has been...

SDGs implementation: Where does Bangladesh stand?

Shamsul Alam | 2019-12-08 00:00:00

The Sustainable Development Goals (SDGs) are a follow-up on the Millennium Development Goals (MDGs) adopted in 2000 and completed in 2015. However, SDGs differ from MDGs in many aspects. SDGs want to ensure that 'No One is Left Behind!'. The...

Ready or not, we are entering an age of adaptation

Kristalina Georgieva in Washington, DC | 2019-12-08 00:00:00

When I think of the incredible challenges we must confront in the face of a changing climate, my mind focuses on young people. Eventually, they will be the ones either to enjoy the fruits or bear the burdens resulting from...

Flawed system robs children of their childhood

Neil Ray | 2019-12-07 12:00:00

Schooling tiny tots is not only challenging but for many parents highly traumatic. Here is an education system under which a most critical point arrives at the time of admission to a choice school. Parents themselves start preparing their wards...

E-banking impacts banks' profitability

ISMAIL HOSSAIN | 2019-12-07 00:00:00

E-banking has a positive and significant impact on the performance of the country's commercial banks in terms of net interest margin (NIM), return on assets (ROA) and return on equity (ROE), a study found. The study titled "Does E-Banking Impact...

Hydropower plants to create scope of exporting power to Bangladesh

MUNIMA SULTANA | 2019-12-07 00:00:00

A tripartite discussion on cross-border hydropower trade needs to start now as Nepal's power export potential is growing fast with the scope of selling it to Bangladesh as well, said Asian Development Bank country director for Nepal Mukhtor Khamudkhanov.Mr Khamudkhanov...

Stocks continue to bleed on bourses

Babul Barman | 2019-12-07 00:00:00

Stocks backed into the red in outgoing week that ended on Thursday, after a single-week break, amid concern over the country's overall economy.Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 60.10 points or 1.27...

Is incivility rising in society?

Asjadul Kibria | 2019-12-07 00:00:00

The way most people move, talk and react nowadays is a clear sign of rising incivility in society. Though sounds harsh and cynic, it is difficult to ignore the reality. Movement of people on streets and roads show that most...

The young and the jobless

Abdul Bayes | 2019-12-07 00:00:00

In the early 1980s, a famous TV serial titled "The Young and the Restless" used to steal our time from taking meal. It was, in short, about the lust for love and sex of the young generation, their growing restlessness...

An unloved city

Nilratan Halder | 2019-12-06 12:00:00

As high as 57 per cent of Dhaka residents have expressed in no uncertain terms that they do not live here for the love of the city. They would have left for their villages had there been suitable employment and...

Huge onion imported but price remains prohibitive

Nazimuddin Shyamol | 2019-12-06 00:00:00

CHATTOGRAM, Dec 05: Despite import of a large quantity of onion from different countries and release of thousands of tonnes of the cooking spice from Chattogram Port at that time, onion price is yet to come down to the purchasing...