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Addiction to video game

Neil Ray | 2019-11-12 00:00:00

China is the first country to have slapped a ban on online video game in order to check children's and youngsters' rising addiction to this particular type of entertainment. More than 14 per cent of the 33 million children under...

Hike in cost of production

Mohammad Mufazzal | 2019-11-10 12:00:00

The listed local cement manufacturing companies performed mixed for the fiscal year 2019 as the 'profit margin' of the industry declined.The manufacturers said the profit margin dropped mainly because of the hike in cost of production.Of five local cement companies,...

The first book illustrating life and works of Muhammad (s.)

Asjadul Kibria | 2019-11-09 12:00:00

Sirat Rasul Allah (s) The first detailed biography of the Great ProphetAuthor: Muhammad Ibn IshaqTranslation: Alfred Guillaume(From Arabic to English) Translation: Shahid Akhand(From English to Bengali) Cover: Masuk HelalPublisher: Prothoma, Dhaka (2017) Page: 732 Price: Tk 1500 Thousands of biographies...

Rampant tax evasion in ports

REZAUL KARIM | 2019-11-09 00:00:00

The anti-graft watchdog has advocated cent per cent physical verification of containerised goods amid rampant tax evasion in top seaports, officials said.But multiple consignees said such one-to-one inspection would impact goods movement to and from Bangladesh as doing the job...

Govt to take new steps to develop river routes

TALHA BIN HABIB | 2019-11-09 00:00:00

The government will take new measures to develop the river routes to further facilitate passenger and goods transportation services in the country's southern region.Under the move, the Ministry of Shipping (MoS) in a meeting last week decided to initiate some...

Overpowering motherly instinct

Neil Ray | 2019-11-09 00:00:00

A truck driver in Kerala has sought legal aid from the local police station. You know why and against whom? His adversary is not a man but a crow. The flying foe has made a hell of life for him....

E-commerce and belief-based business

Muhammad Abdul Mazid | 2019-11-09 00:00:00

E-commerce is no more a new fundamental business paradigm that nay go against the traditional business paradigm. It has emerged from convergence of several major information technologies and business practices.The world business and commerce industry has been transformed into e-commerce...

OPINION

Asjadul Kibria | 2019-11-09 00:00:00

More than a year ago, the Road Transport Act, 2018 was passed in parliament. Now it has formally come into effect. Hefty financial penalty or fine for violating traffic rules is the main characteristic of the new law. The amount...

Blue Revolution in Bangladesh

Abdul Bayes | 2019-11-09 00:00:00

"The fish in the water is silent, the animals on the earth are noisy, the bird in the air is singing. But man has in him the silence of the sea, the noise of the earth and the music of...

Shenzhen, Dhaka bourses’ joint index by Dec

Babul Barman, from Shenzhen, China | 2019-11-08 12:00:00

The Shenzhen Stock Exchange (SZSE) will launch a joint index in cooperation with the Dhaka Stock Exchange (DSE), comprising well performing companies, by the end of this year to increase Chinese investment in the capital market of Bangladesh. "We have...

CRR, SLR for offshore banks

SIDDIQUE ISLAM | 2019-11-08 00:00:00

Top executives of the private banks have urged the central bank to relax cash reserve ratio and statutory liquidity ratio requirements only for their offshore banking operations. Currently, the banks are obliged to maintain 13 per cent of their total...

Malaysia eyes 1.5m overseas patients in 2020

KAMRUN NAHAR BACK FROM KUALA LUMPUR | 2019-11-08 00:00:00

With a target of attracting 1.5 million patients in 2020, Malaysian government launched 'Malaysia Year of Healthcare Travel 2020 or MyHT2020' in tandem with the country's tourism campaign 'Visit Malaysia 2020 (VM2020)'. Last year (2018) the number of international healthcare...

OPINION

Shamsul Huq Zahid | 2019-11-08 00:00:00

It is nothing surprising that more than 40 per cent of the country's 80 million old-age people do not receive any kind of pension benefit. In fact, relevant statistics, presented at a seminar organised by the Centre for Policy Dialogue...

Impressive law but a hotchpotch of implementation

Nilratan Halder | 2019-11-08 00:00:00

After keeping the people in suspense over implementation of the Road Transport Act 2018 for months, the declaration for its introduction came all on a sudden. However, the way it is being enforced gives a clear impression that the implementers...

Removing barriers to a vibrant bond market

Asjadul Kibria | 2019-11-08 00:00:00

A working committee formed by the government few months back prepared a report titled 'Comprehensive framework on the development of bond market in Bangladesh.' Three dozens of recommendations were placed in the report to develop both the government and corporate...

Farming in peril, warns ADB

A Z M ANAS, back from Manila | 2019-11-07 12:00:00

Blaming inefficiency in the agriculture market, a senior executive of the Asian Development Bank, or ADB, says it crumbles every three years and farmers make "very modest" profits."Farmers don't make fair returns," Akmal Siddiq, chief of rural development and food...

Trade liberalisation for development?

Jomo Kwame Sundaram in Kuala Lumpur and Anis Chowdhury in Sydney | 2019-11-07 12:00:00

The International Monetary Fund (IMF), the World Bank and the World Trade Organisation (WTO), all dominated by rich countries, have long promoted trade liberalisation as a 'win-win' solution for "all people-rich and poor-and all countries-developed and developing countries", arguing that...

A day of PR and brand communication

Asaduzzaman Rassel | 2019-11-07 00:00:00

The day started with rain, but it hardly had any impact among the enthusiastic public relations (PR) and brand communications practitioners. Around two hundred new and seasoned PR professionals met together, on one platform, to discuss about various aspects of...

Building multimodal transport hub big challenge for BR

MUNIMA SULTANA | 2019-11-07 00:00:00

Bangladesh Railway (BR) is facing a big challenge of setting up a multimodal transport hub in an entire area of Kamalapur Railway Station due to lack of coordination among different agencies.Sources said the challenge remains not only to accommodate its...

Improving the city life

Helal Uddin Ahmed | 2019-11-07 00:00:00

Backed by a resolution of the United Nations General Assembly, the World Cities Day was observed on October 31 all over the globe with general theme of 'Better City, Better Life', and specific theme 'Changing the world: Innovations and better...

Rethinking productivity

iane Coyle in Cambridge | 2019-11-07 00:00:00

The word "productivity" typically calls to mind industrial assembly lines pumping out cars or washing machines, breakfast cereal or shoes. The word may also conjure images of crops being harvested, livestock being butchered, or houses being built. It is less...

Offshore banking in Bangladesh and impact of recent regulatory changes

Md. Shaheen Iqbal | 2019-11-07 00:00:00

Offshore banking in Bangladesh came into being in 1985 through a Bangladesh Bank circular, mainly to create greater financing opportunities at the Export Processing Zones (EPZ). Since then it has become popular among business enterprises as well as banks in...

Development of cottage-micro-small enterprises

Mir Mahmudul Haque Chowdhury | 2019-11-07 00:00:00

Small and medium enterprises (SMEs) are the most important business segment of any economy. SMEs are getting the highest priority from policymakers for their proven multidimensional contributions to socioeconomic environment of a country since long. These enterprises are easy to...

ODCs key barrier to signing of PTAs

SYFUL ISLAM | 2019-11-06 00:00:00

Other duties and charges (ODCs) have emerged as one of the major barriers to signing of preferential trade agreements (PTAs) between Bangladesh and several countries, officials have said.At present, Bangladesh is holding talks with Nepal, Bhutan and Indonesia about signing...

Onion ring busted in Ctg

NAZIMUDDIN SHYAMOL | 2019-11-06 00:00:00

CHATTOGRAM, Nov 05: A commerce ministry drive has uncovered a 16-member syndicate behind the sharp price hike in Chattogram and adjacent areas. The syndicate is importing onion at a price of Tk 42 per kg and selling at Tk 80...

NBR to slap VAT on unprocessed tobacco

DOULOT AKTER MALA | 2019-11-06 00:00:00

The National Board of Revenue (NBR) has decided to impose Value Added Tax (VAT) on unprocessed tobacco in a bid to offset the recent decline in its revenue earning from the sector.The board has taken the decision in a meeting...

The case for international civil servants

Kemal Dervis in Washington, DC | 2019-11-06 00:00:00

The notion of an "international" civil service goes back a century, to the establishment of the League of Nations after World War I. Whereas civil servants had until then always served their countries or empires, the League's small secretariat would...

VAT collection devices for shops from Dec

DOULOT AKTER MALA | 2019-11-05 00:00:00

The National Board of Revenue (NBR) has decided to start installation of Electronic Fiscal Devices (EFDs) from next month (December) to ensure proper VAT collection from business outlets.In the first phase, the NBR's VAT Wing will install EFDs in the...

Earnings of most NBFIs plummet in Jan-Sept

Babul Barman | 2019-11-05 00:00:00

Earnings of most of the listed non-bank financial institutions (NBFIs) plunged in the first nine months of the year due mainly to huge provisioning against default loans and losses from capital market.EPS (earning per share) is the portion of a...

Sylhet to mark 100 years of Tagore’s visit

Iqbal Siddiquee | 2019-11-05 00:00:00

SYLHET, Nov 04: In commemoration of 100 years of the visit of great poet Rabindranath Tagore to Sylhet, a three-day colourful programme has been taken up in the north-eastern city. Prime Minister Sheikh Hasina will join the concluding event through...