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In the lap of the Himalayas

Md. Ahmadul Haque | 2019-10-26 00:00:00

Sathpal Rathore hails from North Delhi. Nobody can ignore his masculine body structure. Driving is his profession and may be his passion also. His dauntless driving on the curved path in the mountain areas gives a feeling of thrill and...

Serving the wretched and helpless

Nilratan Halder | 2019-10-26 00:00:00

At a time when baser instincts, brutality at its worst, crimes of the most atrocious types are browbeating society, even the most optimistic souls sink. As the country's premier engineering university is discredited for turning at least some among the...

Swiftly ending tobacco epidemic requires government action, not empty promises

Mark Hurley in Washington DC | 2019-10-26 00:00:00

New information published in the Morbidity and Mortality Weekly Report shows that action taken by just 11 countries - most of them low- or middle-income - has resulted in 20 million fewer adult tobacco users in 2017 compared with 2008....

'Parallel administration' in public universities?

Asjadul Kibria | 2019-10-26 00:00:00

Public universities in the country are passing through a critical juncture. There is a growing dismay in society about the conduct of some students and teachers in the country's highest institutions of learning. Once regarded as ideal institutions of nation...

Poverty and Nobel Prize for Economics

Abdul Bayes | 2019-10-26 00:00:00

This year's Nobel Prize for Economics went to Abhijit Banerjee, Esther Dufflo (MIT professors in profession and husband and wife in personal life) and Michael Kremmer of the Harvard University. The win owes to their "experimental approach" to global poverty...

Why society turns more and more brutal

Nilratan Halder | 2019-10-25 12:00:00

The country is writhing under a spree of extreme forms of savagery, violence, vengeance and inhumanity right now. The news that a university student with top grade results at the JSC, SSC and HSC levels beat his school teacher father...

UN team to assess impacts

SYFUL ISLAM | 2019-10-25 00:00:00

The United Nations is set to weigh up the environmental impacts of several under-construction coal-fired power plants on the world heritage site Sundarbans, officials have said.A joint delegation from the World Heritage Centre, a UN body, and International Union for...

Now NBR drawback office to refund VAT

Doulot Akter Mala | 2019-10-25 00:00:00

The National Board of Revenue (NBR) has decided to issue VAT refund for export-oriented sectors and international organisations from its drawback office, instead of VAT field-offices, in a bid to simplify the refund system.The Duty Exemption and Drawback Office (DEDO)...

BB to address customers' hassles

Siddique Islam | 2019-10-25 00:00:00

The Bangladesh Bank has sought explanation from 49 banks for the alleged harassment of their customers in opening fresh accounts, officials said.The Bangladesh Financial Intelligence Unit has been informed that banks harass customers in the name of KYC (know your...

Work on Bangabandhu rail bridge likely to start in Dec

MUNIMA SULTANA | 2019-10-25 00:00:00

The construction work of Bangabandhu Sheikh Mujib Railway Bridge over the Jamuna River is expected to start in December this year with a significant rise in overall project cost, sources said.Bangladesh Railway (BR) has almost finalised the selection of two...

Regulator shouldn't overreact

Shamsul Huq Zahid | 2019-10-25 00:00:00

The dispute between the country's two leading telecom operators---the Grameenphone and the Robi--- and the sector regulator over unpaid 'audit-claims' has lately turned nastier. The government in an unprecedented move decided to appoint administrators for both the telecom companies when...

FDI inflow surges but still below 7FYP projection

Asjadul Kibria | 2019-10-25 00:00:00

The country has long been trying to attract incremental foreign direct investment (FDI). A number of policy measures are there to facilitate foreign investment. The government has also taken some reform measures. The jump in FDI in the past fiscal...

Uncovering the underground economy

Helal Uddin Ahmed | 2019-10-24 12:00:00

Black money has been dominating the economies of South Asia for quite a long time. Its principal sources are drug trafficking, smuggling, gambling, prostitution and corruption. Higher levels of corruption are often associated with large underground or black economies.The size...

Brokers seek Tk 100b lifeline

MOHAMMAD MUFAZZAL | 2019-10-24 00:00:00

Stock brokers are seeking a Tk 100 billion fund from the government to inject new life into the moribund capital market.The intermediaries said they are set to submit their proposal to the finance minister today (Thursday) seeking the fund as...

Net use cost escalation feared

DOULOT AKTER MALA | 2019-10-24 00:00:00

The cost of internet services at the consumer end might go up by 40 per cent unless the government reduces VAT on its value-chain services, industry insiders said.They said the overall cost has gone up by 36 per cent as...

Business planning contest cheers up youths

MD NAIMUL ISLAM | 2019-10-24 00:00:00

Bangladesh Agricultural University Career Club (BAUCC) organised the grand finale of the most auspicious event of their calendar 'TrailBlazer 2.0' on October 20, 2019. TrailBlazer is an intra-university business planning competition which has become an awaited event in the BAU...

Battle of the best debaters in the country

Salwa Rafi | 2019-10-24 00:00:00

Bangladeshi debaters have been breaking records on national and international platforms with the power of rhetoric and phenomenal performance in front of the podium. In accordance with that, top debaters of Bangladesh have contested against each other to grab the...

Locking China out of the dollar system

Paola Subacchi in London | 2019-10-24 00:00:00

The recently announced "phase one" agreement between the United States and China has been touted as an important step toward a comprehensive deal that ends the trade war that has raged for over a year. But if you think that...

Financing sustainable development: The role of development banks

Jomo Kwame Sundaram in Kuala Lumpur and Anis Chowdhury in Sydney | 2019-10-24 00:00:00

Public or state development banking will be vital to achieving the Sustainable Development Goals, argues UNCTAD's Trade and Development Report 2019 (TDR 2019).Ongoing World Bank-led efforts seek to leverage private finance via shadow banking by using public money to guarantee...

Trading with India: Non-tariff barriers, anti-dumping charges

Hasnat Abdul Hye | 2019-10-24 00:00:00

India is among the most protectionist countries in the world, said the US Secretary of Commerce Wilbur Ross while visiting New Delhi recently. Though not a revelation, his comment must have ruffled the feathers of the mandarins in South Bloc...

Hefajat stages demo in city over Bhola incident

Judicial probe demanded | 2019-10-23 00:00:00

As part of its countrywide programme, Hefajat-e-Islam staged a demonstration in front of Baitul Mukarram National Mosque on Tuesday protesting the killing of four people in Sunday's violence in Bhola's Borhanuddin upazila following a blasphemous Facebook post from a hacked...

Move to install NEIR system

ISMAIL HOSSAIN | 2019-10-23 00:00:00

Mobile phone users can register or deregister their devices online under the National Equipment Identity Register (NEIR) system once the mechanism is set up. "Individuals can be allowed to register their own devices they basically buy from abroad and intend...

BR mulls over fare hike on ADB pressure

MUNIMA SULTANA | 2019-10-23 00:00:00

Bangladesh Railway (BR) is planning to raise fares for both passenger and freight trains to meet a requirement of the Asian Development Bank (ADB) as part of the railway reform programme.The last time the BR revised its fares was three...

ICB moots unit fund to support stock market

MOHAMMAD MUFAZZAL | 2019-10-23 00:00:00

The Investment Corporation of Bangladesh (ICB) has made a move to float another open-ended mutual fund to support the country's stressed capital market.The initiative is part of its continuous market supportive measures.The state entity has recently submitted a proposal, among...

Phenomenal rise in industrial sector NPL

SIDDIQUE ISLAM | 2019-10-23 00:00:00

The volume of classified loans, belonging to the industrial sector, jumped by more than 48 per cent in the fiscal year (FY) 2018-19. The main reason for a big leap was attributed mainly to the addition of certain volume of...

Exports to Turkey see sharp fall in five years

Rezaul Karim | 2019-10-23 00:00:00

A sustained fall in exports of Bangladeshi products to Turkey has prompted the government to dig out the causes of the sharp decline, officials said.To this end, the Bangladesh embassy in Ankara has approached a research firm named 'SIGMA' to...

Govt in final stage to issue first SME policy

TALHA BIN HABIB | 2019-10-23 00:00:00

The government is in the final stage to issue the country's first SME policy with some key provisions including establishment of an incubation centre to develop entrepreneurs, officials said. It also includes arranging collateral free loans at single-digit interest rates...

Infrastructure projects: Delivering on time and within budgetary allocations

Kamal Uddin Ahmed | 2019-10-23 00:00:00

Reliable, advanced and efficient infrastructure is indispensable for every nation. Better infrastructure drives economic growth, facilitates trade and commerce, considerably lowers the cost of production and transportation, enables improved incorporation of the national economy into the world order and advances...

Govt looks for causes of small share in global mkt

SYFUL ISLAM | 2019-10-22 00:00:00

The government is searching for causes behind a slow progress in grabbing the global market of high-end apparel products despite Bangladesh being the second-largest garment exporter, officials have said.Stakeholders say around 5.0 per cent of total Bangladeshi apparel exports contains...

Road crashes, fatalities surge in three years

MUNIMA SULTANA | 2019-10-22 00:00:00

There has been witnessed an upward trend in road accidents and fatalities in the past three years, since when the country has been observing the Road Safety Day.Like the two previous years, the day will be observed in the country...