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Hi-Tech parks: Mission to realise a dream

Syed Ashraf Ali | 2019-09-27 12:00:00

Paper making technology invented by the Chinese two thousand years ago reached the shores of Europe after a long period of one thousand years via the Islamic world. Compared to the laidback environment of that era, new technologies invented in,...

Living up to rivers' living entity

Nilratan Halder | 2019-09-27 12:00:00

The observance of the World Rivers Day, as customary on the 4th Sunday of September, last Sunday could not get over the ritualistic and archetypal. Banners, festoons, street marches and seminars marked the day but apart from members of a...

Tanners in tight corner

REZAUL KARIM | 2019-09-27 00:00:00

Prime Minister's Office (PMO) has asked the authorities concerned to hand over lease deeds on plots in the Savar tannery estate to tanners urgently to help them get bank loans to meet their capital shortage, officials said.The higher authorities of...

VAT-exempt utilities for export sectors

Doulot Akter Mala | 2019-09-27 00:00:00

The export-oriented sectors will get full exemption from payment of value-added tax (VAT) on utility services like gas, water and electricity bills only for the units manufacturing exportables.The facility will not be valid for other purposes like offices and administrative...

Story behind a cup of tea

IQBAL SIDDIQUEE | 2019-09-27 00:00:00

SYLHET, Sept 26: Having tea is very simple now at home or any other places although it was not that easy once. The tea companies had to propagate things for popularising it decades ago. The effort that goes behind producing...

Addressing corruption in education

S. M. Rayhanul Islam | 2019-09-27 00:00:00

Education is a basic human right as well as a catalyst for social change. All around the world, it is seen as the key to a better future, providing the essential tools that people need to sustain their livelihoods, live...

Casino empire and contradictions

Shamsul Huq Zahid | 2019-09-27 00:00:00

Dichotomy between government policies and actions is nothing unusual. In fact, this factor, on occasions, does create problems in day-to-day operations of government agencies. The latest case in point is the unearthing of casinos in a number of sports clubs...

Removing irritants in Bangla-India relations

Kamal Uddin Ahmed | 2019-09-27 00:00:00

Prime Minister Sheikh Hasina is scheduled to make an official visit to New Delhi from October 3-6. This will be her first visit since assuming office for the third consecutive term in January 2019. The purpose of her visit is...

Tourism and jobs

M Zamiul Ahmed | 2019-09-26 00:00:00

The General Assembly of United Nations World Tourism Organisation (UNWTO) decided in 1979 to observe September 27 as World Tourism Day (WTD). The day began to be observed world-wide since 1980. Since its beginning there is a theme for each...

Smarter subsidies for water and sanitation services

Helal Uddin Ahmed | 2019-09-26 00:00:00

The United Nations had in 2010 declared clean drinking water and sanitation to be human rights. The target for the Millennium Development Goals (MDGs) at that time was to halve the number of people living without access to improved water...

Food for sustainable development

Jeffrey D. Sachs and Angelo Riccaboni in New York | 2019-09-26 00:00:00

Feeding a planet of 7.7 billion people is no easy matter. Every person on the planet needs, expects, and has the right to a healthy diet. Every farmer needs, expects, and has the right to a decent livelihood. The roughly...

Enacting a comprehensive policy on services trade

Asjadul Kibria | 2019-09-26 00:00:00

In the middle of this month, the World Trade Organisation (WTO) released Services Trade Barometer (STB) to track the pace of global trade in commercial services. This is the first time WTO introduced such a tool to monitor the trend...

Govt policy allows import of casino, gambling materials

DOULOT AKTER MALA | 2019-09-25 00:00:00

Casino and gambling materials have entered the country using legal routes as those are not labelled as restricted ones in the country's import policy order, sources said.The importers concerned also paid due duty and taxes. The non-inclusion of casino and...

Dream girl’s Pabna ancestral home stands derelict

Emdadul Haque | 2019-09-25 00:00:00

PABNA, Sept 24: The ancestral house of legendary Bangla film actress Suchitra Sen at Gopalpur Himsagor Lane in Pabna town has been lying in a ramshackle state for a long time. Built on 36 decimals of land, the house, where...

Structural risks in open-end mutual funds

Reaz Islam | 2019-09-25 00:00:00

From my experience in trading and investing in both liquid and illiquid markets globally for over 30 years, it appears to me that Bangladesh is not yet adequately ready for open-end mutual funds due to unintended structural risks. Unless it...

There is no alternative to multilateralism

Josh Frydenberg, Heng Swee Keat, Sri Mulyani Indrawati, and Bill Morneau in Canberra, Australia | 2019-09-25 00:00:00

Since the creation of the Bretton Woods system 75 years ago, countries have been coming together in pursuit of global public goods, giving rise to both the international trading system and a global financial safety net.It is to this multilateral...

Why inequality is insidious

Hasnat Abdul Hye | 2019-09-25 00:00:00

In a seminar recently organised by Bangladesh Economic Association (BEA) speakers expressed concern at the growing inequality in the country, which was also the main theme of the event. Such concern has been aired in public for quite some time...

ICB Unit Fund likely to be opened for all

MOHAMMAD MUFAZZAL | 2019-09-24 00:00:00

The Investment Corporation of Bangladesh (ICB) has moved to resume full operation of the country's largest-ever unit fund - ICB Unit Fund - by opening the scope of purchasing its units for all investors.The state-run corporation has taken the initiative...

How open is B'desh economy?

Siddique Islam | 2019-09-24 00:00:00

The Bangladesh economy's degree of openness has seen a mixed trend in the last 10 years as economic expansion outstripped foreign trade rise.Bangladesh's trade-GDP ratio reached 46.30 per cent during fiscal year 2012-13 rising from 37.8 per cent in FY...

Getting Bins lands big firms in trouble

Doulot Akter Mala | 2019-09-24 00:00:00

Large companies that are producing backward linkage products are facing difficulties in obtaining business identity. The National Board of Revenue issues central Business Identification Numbers.In the 1991 Vat law, companies that maintain a central accounts system were enjoying the central...

World's Hard Fought Battle Against Climate Change

Thalif Deen in UN Headquarters, New York | 2019-09-24 00:00:00

UN Secretary-General Antonio Guterres describes the ongoing crisis as a "climate emergency"- as the world continues its hard fought battle against devastating droughts, floods, hurricanes and rising sea levels that threaten the very existence of small island developing states located...

Economic corridors and Delta Plan: Integration for sustainable development

Shafiq Alam | 2019-09-24 00:00:00

Bangladesh Investment Development Authority (BIDA) has initiated development of two economic corridors in the country. This are-- North-East Corridor to connect the economic hubs mostly along the Dhaka-Sylhet highway, and the South-West Corridor to connect the economic hubs along the...

Spike in prices of pungent tuber

Shamsul Huq Zahid | 2019-09-23 12:00:00

The onion prices have gone through the roof. The pungent tuber has become 40 per cent costlier in past seven days and nearly 70 per cent over a period of one month. The consumers are hard hit as the consumption...

Raising commitments to tackle climate change

Andrew Norton in London | 2019-09-23 12:00:00

In an alarming imbalance struggling families in rural Bangladesh spend almost US$2.0 billion a year on preventing climate-related disasters or repairing damage caused by climate change ? far more than either the Bangladesh government or international bodies.In the first report...

Project cost set to spike three times

TALHA BIN HABIB | 2019-09-23 00:00:00

The cost of the project for conservation and beautification of the rivers surrounding the capital is set to increase more than three times, according to the officials concerned.To protect Buriganga, Sitalakhya, Turag and Balu rivers from illegal encroachments and give...

Market watch reinforced to rein in price rises

Rezaul Karim and Yasir Wardad | 2019-09-23 00:00:00

In the wake of a volatile commodity market, the government has heightened monitoring to stabilise the prices of essentials, officials said.Commerce ministry has doubled its vigilance teams to oversee the kitchen market with intent to give some succour to consumers.As...

BB’s new policy to increase banks' investment

Siddique Islam | 2019-09-23 00:00:00

The central bank has announced a fresh policy for providing temporary liquidity support to the scheduled banks for boosting their investment in the country's ailing capital market.Under the new policy, the banks will be eligible to invest such liquidity only...

Row over selection of contractor

Munima Sultana | 2019-09-23 00:00:00

Roads and Highways Department (RHD) is yet to pick a contractor for carrying out the development work of Elenga-Hatikamrul-Rangpur Highway due to conflicting opinions of the project's financier and the authority concerned.Sources said the tender evaluation committee (TEC) of RHD...

Independence of central bank in the age of populism

Noore Alam Siddiqui | 2019-09-23 00:00:00

Populism, we may say, springs from activities where policies of a government are driven by popular public demand ignoring rules, regulations or any resultant negative impact in future. From economic point of view, some economists have used the term in...

Purging party of criminal elements

Neil Ray | 2019-09-23 00:00:00

The ongoing raids on sporting clubs illegally operating casinos, dens of extortionists and tender manipulators are likely to produce a mixed feeling of surprise and nausea among most people. Surprise, because those who are getting caught red-handed were powerful players...