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End-users yet to get any benefit

Ismail Hossain | 2019-07-13 00:00:00

The government's recent move to cut bulk internet bandwidth price has failed to make expected impact at the user-end, as Internet Service Providers (ISPs) are terming the price cut a fuzzy math. "Rather, internet price might go up due to...

Linking rising temperature to productivity

Prof. Sarwar Md. Saifullah Khaled | 2019-07-13 00:00:00

Rising temperature increases incidence of heat stress and health risks leading to reduced productivity. In its new report titled 'World Employment and Social Outlook 2018', the International Labour Organization (ILO) came up with the observation that in some countries across...

Water audit in business and industry

Asjadul Kibria | 2019-07-13 00:00:00

Water is no more inexpensive and plenty in this country of rivers and canals. Rivers are dying. Canals are getting filled up. Ground water is depleting at a faster rate. Growing population, extensive farming, industrialisation and rapid urbanisation increase the...

Why agriculture still matters

Abdul Bayes | 2019-07-13 00:00:00

Historically the role of agriculture in economic development has been described in terms of food production for people, supply of raw materials to industries, employment generation for the poor, foreign exchange earnings, so on and so forth. The fear of...

Making the most of the merger between the economic cadre and administrative cadre

Md Osman Ali | 2019-07-13 00:00:00

Bangladesh Planning Commission, a central planning organisation of the government, is responsible for formulating socio-economic development plans and programmes of the country. Bangabandhu Sheikh Mujibur Rahman gave highest priority to the necessary institutional framework for these activities and established the...

Introducing area-wise schooling system in Bangladesh

S M Rayhanul Islam | 2019-07-12 12:00:00

The education system of Bangladesh has gone through endless experiments. After nearly five decades of our independence even our primary education system is not following any coordinated schooling model. Diverse schooling systems - Bangla & English medium, Madrassa, Kindergarten, and...

Call for FTA with KL to boost trade

Siddique Islam, from Kuala Lumpur | 2019-07-12 00:00:00

Bangladesh business leaders and experts have accentuated the signing of a free trade agreement (FTA) with Malaysia to boost bilateral trade and investment.They made the recommendation at a programme styled 'Showcase Bangladesh-Go Global' held at Royale Chulan Hotel in Kuala...

Businesses, taxmen differ on corporate tax rates

Doulot Akter Mala | 2019-07-12 00:00:00

Businesses and tax-officials are holding opposite views over the existing corporate tax rates, taking into consideration the country's poor tax-GDP (gross domestic product) ratio and investment scenario.The businesses have long been claiming that the country's corporate tax rates are among...

White paper on black money

Asjadul Kibria | 2019-07-12 00:00:00

Black money is a reality in Bangladesh as in many other countries. Estimating the amount of black money in an economy is difficult. However, researchers have attempted to do the exercise. The core idea behind the exercise is to provide...

Rickshaws: Unwanted yet essential

Shamsul Huq Zahid | 2019-07-12 00:00:00

Two city corporations in Dhaka have a habit of selecting a few difficult issues for resolution time and again notwithstanding the fact they had earlier failed on a number of occasions on similar missions. The eviction of hawkers from footpath...

Treating rivers as living entities

NilratanHalder | 2019-07-12 00:00:00

The release of the full text of the landmark High Court judgment delivered on February 3, recognising the river Turag as a living entity should be treated as a momentous development. Released on July 2 last, the text contains a...

S Korean on-site check for BD food exporters

Rezaul Karim | 2019-07-11 00:00:00

South Korea has embarked on an on-site inspection of some Bangladeshi food companies to see any possible health hazard from the imported items.A two-member team of the Korean food and drug safety authority are already in Bangladesh for the purpose,...

Towards a Euro-Pacific partnership

Zaki Laïdi, Shumpei Takemori, and Yves Tiberghien | 2019-07-11 00:00:00

Thanks to the efforts of Japanese Prime Minister Shinzo Abe, the recent G20 summit in Osaka avoided the worst possible outcomes. That counts as a victory in the age of US President Donald Trump. Among other things, G20 leaders issued...

Developing the private sector

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

Alongside the public sector, the private sector is making important contributions to the economic growth of Bangladesh through production, investment and exports. According to the Bangladesh Economic Survey 2019 (BES-2019), published by the Ministry of Finance, total investment in the...

Effectiveness of Bangladesh Bank's prudential regulations

Mirza Azizul Islam | 2019-07-11 00:00:00

Prudential regulations provide the framework for ensuring stability and soundness of the banking system. "Asymmetry of information" and "Moral hazard" are inescapable features of the banking system. These features find expression in multiple ways.There is asymmetry of information between depositors...

Businesses bear brunt of waterlogging in Ctg

Nazimuddin Shyamol | 2019-07-10 00:00:00

CHATTOGRAM, July 09: Traders at the major business hubs in Chattogram were the worse sufferers than others on Tuesday as their business centres went under knee-deep rainwater.The important business hubs like those at Chaktai, Khatunganj, Asadganj, Bohaddarhat, Muradpur, etc. were...

Tainted money whitening offers have little effect

Doulot Akter Mala | 2019-07-10 00:00:00

The existing black money whitening facility through voluntary disclosure of undisclosed income drew a poor response in the last three fiscal years (FYs), as only Tk 1.96 billion money was legalised in that period.In the just-concluded FY, 2018-19, some 85...

Bad news for the world's poorest

Ceyla Pazarbasioglu | 2019-07-10 00:00:00

The global economic mood is souring. At their meeting in Fukuoka, Japan, earlier this month, G20 finance ministers and central bank governors warned that economic growth remains weak, with risks still tilted to the downside. Just a few days before...

Gas price hike: Were there no alternatives?

Muhammad Quamrul Islam | 2019-07-10 00:00:00

A hike of 32.80 per cent in gas price became effective in the country from July 01, the very first day of the ongoing fiscal year. Prior to that, after the hike was announced by the government departments, there were...

Transmission channel of monetary policy in Bangladesh

Mirza Azizul Islam | 2019-07-10 00:00:00

A central bank is the term often used to describe the authority responsible for policies that affect a country's supply of money and credit. It has become a symbol of a country's sovereignty in the arena of money and finance....

Government okays liquidation of People's Leasing

Siddique Islam and Syful Islam | 2019-07-09 00:00:00

The government has approved a central bank proposal for liquidating People's Leasing and Financial Services Ltd (PLFSL) considering its fragile financial state even as concern grows over depositors' protection, officials said.Liquidation is the process of bringing a business to an...

Social media or social isolation?

Masud Rana from Kabul, Afghanistan | 2019-07-09 00:00:00

In recent times, most young people go to restaurants that they have read about in food-review pages and Facebook groups' posts. Also, some want to go to restaurants where the lighting is enough to take selfies and photos that they...

Challenges of integrating blockchain technology into existing systems

Al Fattah Md Azim | 2019-07-09 00:00:00

Blockchain is not a complete solution by itself. Rather linking it with Fourth Industrial Revolution (4IR) technologies and internet of things (IoT) will ensure greater impact. This is why cooperation among decision-makers, strategists, regulators, developers, lawyers and area specialists is...

How blockchain technology can facilitate supply chain and logistics

Al Fattah Md Azim | 2019-07-08 12:00:00

In 2016, Amazon became the fastest company to achieve the $136 billion revenue milestone. It has also been growing annually at a staggering rate of 20 per cent and enjoying around 6.40 per cent of the global ecommerce share. At...

BD-Japan agree on cooperation in services, industry, consumer sectors

Munima Sultana | 2019-07-08 00:00:00

Bangladesh and Japan at a dialogue in Dhaka have agreed to cooperate each other in developing different services, industry and consumer sectors.The two sides identified areas of cooperation like food processing, light engineering, consumer goods, information technology and logistics at...

Toward a Euro-Pacific Partnership

Zaki Laïdi, Shumpei Takemori, and Yves Tiberghien | 2019-07-08 00:00:00

Thanks to the efforts of Japanese Prime Minister Shinzo Abe, the recent G20 summit in Osaka avoided the worst possible outcomes. That counts as a victory in the age of US President Donald Trump. Among other things, G20 leaders issued...

Poor state of railway maintenance

Neil Ray | 2019-07-08 00:00:00

A pictorial report carried on railway tracks and bridges in a leading Bangla contemporary on July 6 last is a powerful testament to the awful state of maintenance of the system. This has been further corroborated by another picture on...

Designing need-based education

Shamsul Huq Zahid | 2019-07-08 00:00:00

'Employers find graduates unappealing' screamed the headline of the front-page lead story of this paper's July 06 issue. What the news report in question highlighted was the large gap between subjects taught at the tertiary level of education and the...

Policies to avert middle-income trap

Sarwar Md. Saifullah Khaled | 2019-07-08 00:00:00

With its graduation from the Least Developed Countries (LDCs) group, Bangladesh is set to arrive at an important juncture of economic growth. Now the country requires right policies and timely actions in order to avoid falling into the 'middle-income trap'...

MoI finalises leather goods development policy draft

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

The Ministry of Industries (MoI) has prepared a draft of the Leather and Leather Goods Development Policy 2019, officials said.The MoI has prepared the draft policy for development of the leather sector after scrutinising recommendations of 25 different ministries."We have...