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Explaining lacklustre economic growth

Abdullah A Dewan | 2019-10-22 00:00:00

This is a continuation of my article "Demystifying why US economic growth is lacklustre" (FE October 15, 2019). I argued that for much of the 1980s and 1990s the US economy grew at 3.0 per cent or more when unemployment...

High cost of treatment abroad

Shamsul Huq Zahid | 2019-10-21 12:00:00

'Around US$4.0 billion flies out of the country as medical expenses annually' screamed the headline of a report published in one of the Bengali contemporaries late last week. Half of the amount goes to neighbouring India. Converted into Bangladesh currency,...

Govt targets big cut in port lead time

DOULOT AKTER MALA FROM HABIGANJ | 2019-10-21 00:00:00

The government has set a target to cut the time for completing import and export procedures to two days and one day respectively by 2022 under the National Single Window (NSW) project.Currently, it takes eight days for clearing the imported...

Hason Raja’s ancestral home needs care for historical interest

IQBAL SIDDIQUEE | 2019-10-21 00:00:00

SYLHET, Oct 20: Great mystic poet Hason Raja has a lot many popular songs. 'Loke bole bolery, ghar bari bala nay amar, ki ghor banaimu ami shunneri majhar', 'agey Jodi janto Hason, bachbo koto din, banaito ghor bari koria rongin'...

Canada goes to the polls today: A day of reckoning for Trudeau

Maswood Alam Khan | 2019-10-21 00:00:00

On both sides of the Atlantic, populist and nationalist sentiments appear to be growing. Rising anti-establishment fervour emerging around the world has left voters in most of the countries puzzled as to who to vote for. With liberal democracy on...

Commercial production of Sonali bags

Neil Ray | 2019-10-21 00:00:00

The pilot project under which 100,000 jute poly bags will be manufactured is nearing the end of its gestation period. It comes to an end on October 31, and the target of the project is reportedly going to be achieved....

Preventing digital feudalism

Mariana Mazzucato in London | 2019-10-21 00:00:00

The use and abuse of data by Facebook and other tech companies are finally garnering the official attention they deserve. With personal data becoming the world's most valuable commodity, will users be the platform economy's masters or its slaves?Prospects for...

BKB mulls Tk 100b special credit scheme from next year

REZAUL KARIM | 2019-10-20 00:00:00

Bangladesh Krishi Bank (BKB) is planning to undertake next year a Tk 100 billion credit programme for the small and marginal farmers as well as small rural entrepreneurs. If everything goes well, the long-term credit scheme is expected to start...

UN's 75th anniversary will take place in the shadow of acute financial crisis

Thalif Deen at UN Headquarters in New York | 2019-10-20 00:00:00

When the six much-ballyhooed high-level UN meetings concluded late September, there were mixed feelings about the final outcomes. And civil society organisations (CSOs), who were mostly disappointed with the results, are now gearing themselves for two upcoming key climate summit...

Bangladesh: The state of income inequality

Muhammad Abdul Mazid | 2019-10-20 00:00:00

Income inequality is extreme concentration of wealth or income in the hands of a small section of the population. It is often described as the gap between the richest and the rest of the community. The Urban Institute of the...

Ending short-termism by keeping score

Klaus Schwab in Geneva | 2019-10-20 00:00:00

As finance ministers gather in Washington, DC, for the World Bank and International Monetary Fund's annual meetings, they will face no shortage of urgent matters to discuss. Fears of a global recession, the US-China trade war, the fallout of the...

Stocks continue to bleed (2019-10-19)

Babul Barman | 2019-10-19 12:00:00

Stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares.Week on week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 39.22...

Artist Kalidas Karmakar passes away

PM condoles | 2019-10-19 00:00:00

Ekushey Padak winning artist Kalidas Karmakar, a painter and printmaker of international repute, passed away on Friday afternoon, reports UNB. He was 73."He fell down in the bathroom after suffering a cardiac arrest around 1:30 pm at his Eskaton residence....

Govt takes stringent steps to rein in river grabbing

Talha Bin Habib | 2019-10-19 00:00:00

The government has taken some stringent measures to stop unremitting encroachment upon the banks of the rivers in the immediate surrounds of the capital, official sources said. Under the move, the Ministry of Shipping (MoS) has taken a project to...

DFQF access to UK market to continue

REZAUL KARIM | 2019-10-19 00:00:00

Ending all speculations about the fate of Bangladesh's exports in post-Brexit regime, the United Kingdom has assured Bangladesh of continuing its duty-free and quota-free access for Bangladeshi products to its market even after its exit from the European Union, officials...

Export of power to India unlikely to happen soon

SYFUL ISLAM | 2019-10-19 00:00:00

Bangladesh may not start exporting electricity anytime soon unless production costs go cheaper than that of India, officials have said.An adviser to Prime Minister Sheikh Hasina felt that export of power to India might not be considered until economic implications...

Act promptly to fix banking ills

SIDDIQUE ISLAM | 2019-10-19 00:00:00

The International Monetary Fund (IMF) has put forwarded a six-point recipe for Bangladesh to address its banking sector weaknesses.The recommendations include strong corporate governance, enforcing 'fit and proper criteria' for banks' directors, enhancing banking regulations, reforming state banks, tightening criteria...

Soil pollution as outcome of environmental crimes

Polin Kumar Saha and Jannatul Ferdaous Sathi | 2019-10-19 00:00:00

Soil is the basic element for ultimate nutrient sources of all the living organisms in the ecological system. Soil keeps our environment well balanced or harmony of living and non-living organism and their interaction in a particular space. It is...

Bureaucratic Reform for a Bangladesh in 2041

Shafiq Alam | 2019-10-19 00:00:00

Sustained economic growth, ongoing political stability and Sheikh Hasina's development focus are prompting the nation to dream of becoming a developed country by 2041. However, development process is an arduous journey. Any mistake can spoil whatever the nation achieved to...

No chance of a return of the lost world

Nilratan Halder | 2019-10-19 00:00:00

Disappearance of known rural Bangla has been taking place before our eyes but not many are aware of the transformation. The languid lifestyle in a picturesque rural setting where modest homes and huts nestle together amid profuse growth of greeneries...

Selecting appropriate mode of partnership in international trade

Md. Joynal Abdin | 2019-10-19 00:00:00

The wave of global free market crated in the 1990s is near death now. Hopes for free trade were raised by the World Trade Organisation (WTO) through the agreements struck as part of multilateral trade negotiations. Several rounds of WTO...

Extending 'moral' support to selective crime

Asjadul Kibria | 2019-10-19 00:00:00

There may be a number of reasons behind a crime. Criminals may also be prompted by a number of factors. That's why investigators and analysts try to find out the principle motives of a crime. It is important to contain...

Searching for a food-system research

Abdul Bayes | 2019-10-19 00:00:00

Last week, the news about consumption of eggs in Bangladesh stole the headlines of some newspapers. The good news is that, per capita consumption of this nutritious food in Bangladesh, now at 103 per year, meets the international mark of...

Regulating the medicine empire: Healthy living of humankind

Helal Uddin Ahmed | 2019-10-19 00:00:00

People with ailments are usually obliged to buy whatever medicines are prescribed for them by the physicians. But many people do not know that in some medicines the profit margin is as high as 7079 per cent, or raw materials...

Quality of teachers matters

Nilratan Halder | 2019-10-18 12:00:00

A report recently released by the Campaign for Popular Education (CAMPE) on the standard of teaching at the secondary level paints a grim picture. Titled 'The Education Watch Report 2018-19', it finds that the percentage of teachers without subject-specific training...

BTRC gets green light

ISMAIL HOSSAIN | 2019-10-18 00:00:00

The ministry of posts and telecommunications on Thursday gave its approval for the telecom regulator to appoint administrators at Grameenphone and Robi to oversee the operations of the country's two biggest mobile operators. "The decision on appointing administrators in the...

An anthropological perspective on social media

S. M. Rayhanul Islam | 2019-10-18 00:00:00

Social media is all around us and has become a part of our daily lives. But, why do we post on social media? What is the consequence of the increased emphasis on visual communication? Are we becoming more individual or...

Big hole in 'capacity payment'

Shamsul Huq Zahid | 2019-10-18 00:00:00

The amount---more than Taka half a trillion--- is huge. The money was, reportedly, paid to the owners of the private sector power plants during the last 12 years as ' capacity payments'. The payments were in addition to a large...

Slow trade in Q1 sends mixed signals on economic growth trend

Asjadul Kibria | 2019-10-18 00:00:00

During the first quarter of the current fiscal year (FY20), there is an indication that economic activities are slowing down. Export earnings from goods dropped by 3.0 per cent in July-September period compared to the same period of the last...

Halting the slide in business competitiveness

Helal Uddin Ahmed | 2019-10-17 12:00:00

Although Bangladesh has made some headway lately in improving its investment climate, it seems to be stuck in a quagmire in the area of business competitiveness. According to the latest Global Competitiveness Index (GCI) 2019 released by the World Economic...