FE Today Logo

Search results for: l


Move to boost expats' investment

Rezaul Karim | 2019-07-23 00:00:00

The government has taken a move to boost investment of Bangladeshi expatriates to help bolster the country's economy, officials said.To this end, they said, Department of National Savings (DNS) will collect overall information about current and future investors of existing...

Heatwaves are a 'new normal', says Red Cross

James Reinl in UN Headquarters, New York | 2019-07-23 00:00:00

July has been hot. In recent weeks, climate scientists have monitored a freak heatwave in the Canadian Arctic, droughts around Harare and Chennai and forest fires across southern France that have sent holidaymakers fleeing from their burning campgrounds.Against this eerie...

Seeking a solution to safe drinking water

Muhammad Risalat Rafiq | 2019-07-23 00:00:00

Who does not recognise the necessity for safe drinking water? Safe water saves life, but it is terribly under threat. The WHO (World Health Organisation) estimates that around half of the population of Bangladesh are drinking unsafe water and the...

Are central banks losing their big bet?

Mohamed A. El-Erian in Zurich | 2019-07-23 00:00:00

In recent years, central banks have made a large policy wager. They bet that the protracted use of unconventional and experimental measures would provide an effective bridge to more comprehensive measures that would generate high inclusive growth and minimise the...

Bankers want it to be a judgemental call

Siddique Islam | 2019-07-22 12:00:00

Country's top bankers Sunday proposed amending the existing loan write-off policy so that they could rid themselves of bad loans that, according to them, were not recoverable, officials said.Under the proposal, the bankers will be empowered to write off the...

MoI draws up national productivity master plan

Talha Bin Habib | 2019-07-22 00:00:00

The Ministry of Industries (MoI) has devised a master plan on national productivity aiming to cope with the growing and emerging challenges in the industrial sector. The National Productivity Organisation (NPO), which is under the MoI, has prepared the 'Bangladesh...

Dairy cos meet today to devise salvage plan

Ismail Hossain | 2019-07-22 00:00:00

The country's dairy sector entrepreneurs and milk product manufacturers are sitting in an emergency meeting today (Monday). The meeting takes place at the backdrop of repeated findings of harmful components, including antibiotics and detergent, in pasteurised milk in various tests....

VAT listing a must for 174 businesses

Doulot Akter Mala | 2019-07-22 00:00:00

The National Board of Revenue (NBR) has made VAT registration mandatory for businesses of some 174 categories, irrespective of their annual business turnover as specified in the VAT and Supplementary Duty Act 2012.The VAT Policy Wing issued a guideline on...

BTC study backs signing free trade deal with Mercosur

Rezaul Karim | 2019-07-22 00:00:00

Bangladesh Tariff Commission (BTC) has recommended the government to sign free trade agreement (FTA) with the Mercosur member states as it found trade potentials in the market. Bangladesh has enormous untapped trade potentials in the South American trading bloc of...

How China's Africa Alliance is shifting world order

Daniel Yang in UN Headquarters, New York | 2019-07-22 00:00:00

When the United Nations General Assembly met in 2007 to vote on North Korea's human rights record, only 10 of the 56 African countries voted with the US-led western coalition.The overwhelming majority followed China - either by voting against or...

Unemployment: Who will bear the cost of skill-set development?

Md. Joynal Abdin | 2019-07-22 00:00:00

According to the latest labour force survey, at least 4.31 per cent population of Bangladesh are currently unemployed. Such unemployment is challenging our economic growth and sustainability of economic development from every dimension. Government should work out strategies through which...

In harmony with Nature

Neil Ray | 2019-07-22 00:00:00

That a woman feeds a baby animal is a rare event, rarer still is the practice of feeding a fawn along her own baby. If the pictures of women from Bishnoi tribe from Jodhpur, Rajasthan feeding and nursing their small...

Foreign workers in the country

Shamsul Huq Zahid | 2019-07-22 00:00:00

A couple of vital data --- the number of foreign workers in Bangladesh and the amount of money they remit to their home countries annually --- continues to elude the relevant policymakers. Data produced so far by one or two...

ROHINGYA CRISIS: DONOR FATIGUE: RISK OF SOCIAL AND POLITICAL UNREST

M Shahidul Islam | 2019-07-22 00:00:00

The uncertainty over the repatriation of about 1.2 million Rohingya refugees to their homes in Myanmar is costing Bangladesh dearly. The two districts of Cox's Bazar and Bandarban that have been providing temporary shelter to most of the refugees face...

Project to help haor fishermen reach out to consumers in city

Talha Bin Habib | 2019-07-21 00:00:00

For the first time in the country's history, fishermen in haor areas will be able to sell their fishes directly to the consumers in the capital.Both fishermen and consumers are going to benefit from the direct trading in fishes at...

Drawback Office proving toothless

Doulot Akter Mala | 2019-07-21 00:00:00

The office responsible for handling drawback facility is finding it exceedingly difficult to function legally due to the absence of relevant rules regarding tax refund, officials said.With the implementation of the new VAT law from July 01, the key task...

No early end to snarl: CPA chief

Nazimuddin Shyamol | 2019-07-21 00:00:00

CHATTOGRAM, July 20: Chairman of Chittagong Port Authority (CPA) Rear Admiral Zulfiquar Aziz sees no end to the gridlock problem on roads in and around Chittagong Port before the underconstruction Bay Termibal is built and opened for use. Talking to...

US defunds UNFPA for third consecutive year- on misconceived assumptions

Thalif Deen in UN Headquarters, New York | 2019-07-20 12:00:00

The Trump administration, in its continued hostility towards the United Nations- and as part of its policy aimed at undermining multilateral institutions and international commitments- has withheld its annual contributions to the UN Population Fund (UNFPA) - for the third...

Ministry sends draft to cabinet soon

Talha Bin Habib | 2019-07-20 00:00:00

The Ministry of Industries (MoI) has prepared a draft of the Industrial Biotechnology Policy Guidelines 2019 with an objective to explore and utilise biotechnological knowledge for ensuring due contribution of bio-economy to the national economy.The draft policy has the objectives...

Cheap labour edge won't last long

Syful Islam | 2019-07-20 00:00:00

With Bangladesh heading towards achieving the middle-income country status, local enterprises must find alternative path to stay competitive in the global market, the Planning Commission said."In the unfolding industrial universe of the future, Bangladesh firms will face stark reality that...

Bearish spell continues for third straight week

Babul Barman | 2019-07-20 00:00:00

Stocks witnessed yet another bearish week that ended on Thursday, extending the losing streak for the third straight week, as most investors moved to the sidelines, demonstrating low level of confidence in the market.Market analysts said the government's move to...

Govt decides to divide MRT-5 into two lines

Munima Sultana | 2019-07-20 00:00:00

Dhaka city will now have six metro-rail corridors instead of the previously designed five, as the government has decided to divide mass rapid transit (MRT)-5 line into two lines, sources said.Earlier, five metro-rail corridors - MRT-1, 2, 4, 5 and...

BSCIC, millers wide apart over local demand for salt

Rezaul Karim | 2019-07-20 00:00:00

The government agency BSCIC and the millers are wide apart over the national demand for key salt in the country.Bangladesh Small and Cottage Industries Corporation (BSCIC) estimated the country's demand for salt at about 1.65 million tonnes while Bangladesh Labon...

Eat healthy food to get a good mood

Sharmin Sultana | 2019-07-20 00:00:00

To keep functioning properly, a car needs fuel. Similarly, if we imagine our body as a car and our brain as its engine, we can understand that to keep our body and brain active, we also need fuel. In this...

When sports are at their magnificent best

Nilratan Halder | 2019-07-20 00:00:00

That the championship match of the International Cricket Council (ICC) World Cup, 2019 held at the Lord's, cricket's Mecca, has been dubbed the best One-Day International (ODI) match ever played is not for nothing. The tie match got tied even...

Tax on stock dividend and retained earnings: A brief note

Tofazzul Hussain | 2019-07-20 00:00:00

As the Bangladesh economy is growing consistently, the country is set to become one of the top thirty economies of the world by next two decades. Integration with global economy is also increasing and overall development indicators are positive. The...

Driving on the wrong side reflects a social disorder

Asjadul Kibria | 2019-07-20 00:00:00

On an average, some 50 motorists are sued every hour in Dhaka for driving on the wrong side of the roads. Statistics available with the traffic department of Dhaka Metropolitan Police (DMP) further showed that around one-fifth of total cases,...

Choice is not for rice alone

Abdul Bayes | 2019-07-20 00:00:00

It is an interesting observation that, even in rural areas, the per capita consumption of rice has gone down. Well, that could have happened due to the lack of the purchasing power to buy rice in the market. But the...

WHAT AMERICA NEEDS TO UNDERSTAND ABOUT CAPITALISM

Clair Brown and Simon Sällström in Berkeley, California | 2019-07-20 00:00:00

The candidates in the 2020 US presidential race are proposing an array of economic policies frequently described as either free-market or socialist. These labels often confuse the American public. In particular, capitalism is widely - and wrongly - understood to...

MoC drafts import policy

Talha Bin Habib | 2019-07-19 00:00:00

The Ministry of Commerce (MoC) has drafted its next import policy with some changes including repeal of the existing provision of mandatory filling up of the letter of credit (LC) authorisation form before import. It has also proposed separate HS...