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DSE proposes ceiling on pre-IPO placement shares

Mohammad Mufazzal | 2019-04-19 00:00:00

The country's premier bourse has made a set of proposals including a provision for putting a cap on issuing pre-IPO (initial public offering) placement shares to ensure discipline in the country's capital market.A delegation of Dhaka Stock Exchange (DSE) submitted...

$4.4b ADB loans likely for next three years

Syful Islam | 2019-04-19 00:00:00

The Asian Development Bank (ADB) has proposed providing US$4.41 billion credit line through 2022 to support Bangladesh's key sectors, officials said.The sectors, which will get priority over the next three years, include energy, transport, education, agriculture, and finance. The financial...

A policy analysis on education

S. M. Rayhanul Islam | 2019-04-19 00:00:00

The late Professor Muzaffar Ahmad was one of the leading economists of Bangladesh. He had a significant contribution in Bangladesh's economic and educational development. As the pioneer of different civil society organisations and as a researcher in the areas of...

Focusing SMEs as critical tools for sustainable development

Asjadul Kibria | 2019-04-19 00:00:00

Inclusive development is the most-discussed objective among the long-term development plans of Bangladesh. Policymakers and experts are also focusing on inclusive development which is ultimately represented as inclusive growth in the country's medium term development planning document. Inclusive growth is...

Stock market operates in isolation

Shamsul Huq Zahid | 2019-04-19 00:00:00

As always, market pundits are clueless about the latest plunge in the Dhaka Stock Exchange (DSE) indices. The market has been in a free fall for the past few weeks notwithstanding behind-the-scene efforts by some market players to reverse the...

Right to safe foods and sound health

Nilratan Halder | 2019-04-19 00:00:00

The observance of a National Health Service Week (NHSW)-first of its kind -and a National Nutrition Week (NNW) simultaneously is certainly a mental leap for the nation. On the occasion, health service providers -particularly those in the public sector -will...

Extinction Rebellion: Now is the time to wake people up

Maswood Alam Khan | 2019-04-19 00:00:00

Anyone who loves Nature must also love Sir David Attenborough. Aged 92, Sir David is perhaps the only broadcaster who awakened us to the fact that Nature is vital. One who had watched the famous documentary on animal and plant...

Japan set to give largest-ever loan to BD for five ongoing projects

Munima Sultana | 2019-04-18 00:00:00

Japan is set to provide the highest-ever amount of loan to Bangladesh under a new loan package to facilitate implementation of five large ongoing projects in the port, communications, and energy and power sectors.Officials said a negotiation team of the...

Shaping the future of markets

Helal Uddin Ahmed | 2019-04-18 00:00:00

Boosted by continuous integration of global economies, unprecedented transformations have occurred in recent years in jobs, businesses and markets due to technological innovations. Other catalytic factors in this transformation have been demographic shifts, the impact of climate change and the...

The Digital Revolution's silent majority

Edoardo Campanella in Milan, Italy | 2019-04-18 00:00:00

Statistics can hold brutal truths. We are constantly told that innovation is occurring faster than ever, yet the data coming out of the so-called Fourth Industrial Revolution suggest that it is anything but revolutionary. Among advanced economies, productivity growth is...

Prime Bank to see ‘total change’ in two years

Ismail Hossain | 2019-04-17 00:00:00

Prime Bank Limited will be a totally new and different bank within the next two years trailblazing innovative retail and wholesale products, new business model, and digital transformation, the bank's managing director (MD) said in an interview."The bank is turning...

Respondents give mixed reaction

Doulot Akter Mala | 2019-04-17 00:00:00

Tax officials declined to accept relevant papers from some 43 per cent of large VAT (value added tax) payers, a survey of the revenue board has revealed.The papers that the tax payers produced were related to their VAT payments.It also...

BB data server at high risk of cyber attack

Syful Islam | 2019-04-17 00:00:00

The data server of the central bank is found to be at high risk of a cyber attack as hackers have reportedly again installed malware there, officials have said.Malware in the central server of the Bangladesh Bank (BB) creates scope...

BD's aviation market doubles in seven years

Meer Saiful Islam back from Toulouse, France | 2019-04-16 00:00:00

The aviation market of Bangladesh doubled over the last seven years to 2017 and is expected to grow at even faster rate in the near future. This has prompted Airbus to look to the market with offers for supplying their...

When teachers turn sexual predators

Neil Ray | 2019-04-16 00:00:00

Nusrat Jahan Rafi lost her battle for life but not her indomitable courage to fight injustice and evil. Indeed, she did not back out of the charge of sexual assault she brought against the principal of Sonagazi Islamia Senior Fazil...

The AI governance challenge

Alissa Amico | 2019-04-16 00:00:00

On the sidelines of the last World Economic Forum (WEF) meeting in Davos in January of this year, Singapore's minister of communications and information quietly announced the launch of the world's first national framework for governing artificial intelligence (AI). While...

BD eyes bilateral FTAs before LDC graduation

Syful Islam | 2019-04-14 00:00:00

The government is interested in striking a number of bilateral free-trade area (FTA) deals before the country leaves the club of poor countries, officials said.Bangladesh is expected to graduate from its present position of a least developed country (LDC) to...

French natural fibre processor working on jute products

Meer Saiful Islam back from Normandy, France | 2019-04-14 00:00:00

A French company engaged in processing natural fibre is trying to develop jute-based products due to environment-friendly nature of the golden fibre of Bangladesh.NatUp Fibres, a leading company based in Normandy area of France, is working on developing products based...

Act early on banking sector issues: IMF

Siddique Islam from Washington DC | 2019-04-14 00:00:00

The International Monetary Fund (IMF) has found the performance of the Bangladesh's banking sector 'not satisfactory'. "Banks' performance in Bangladesh despite strong economic growth has not been satisfactory," said Anne-Marie Gulde, deputy director of Asia and Pacific Department of the...

Sweetmeat biz booms on corporate gifts

Doulot Akter Mala | 2019-04-14 00:00:00

Country's sweetmeat businesses have witnessed a boom in recent times with corporate gift topping the list to greet their clients on the occasion of Pahela Baishakh and other festivals.Innovation in packaging, diverse design and taste of sweetmeat along with sugar-free...

Pahela Baishakh : Let old memories fade away

Maswood Alam Khan | 2019-04-14 00:00:00

It's again time to leave the past behind and welcome the future. Pahela Baishakh is to celebrate the start of a new Bangla year with fresh hopes. The day bears testament to our history of diversity. It's a celebration that...

Project execution to get delayed by two yrs

Meer Saiful Islam back from Paris, France | 2019-04-13 00:00:00

Sayedabad Water Treatment Plant Phase-III is unlikely to be ready by 2023.It will force Dhaka Water Supply and Sewerage Authority (DWASA) to depend mostly on pumping groundwater for city dwellers for at least two more years.The authority will also miss...

IMF to follow multiple policies for promoting growth

Siddique Islam From Washington DC | 2019-04-13 00:00:00

The International Monetary Fund (IMF) has placed importance on multiple polices instead of its current approach to facilitating economic growth. "I would suggest not a single policy but multiple policies because it will have to be country-specific, and there is...

Anarchy on city roads: Bus route franchise is the solution

Sarwar Md. Saifullah Khaled | 2019-04-13 00:00:00

The deaths of university student Abrar Ahmed Chowdhury and a number of students through road accidents last month have once again proven that the roads of the country are very unsafe due to reckless drivers. Abrar's death last month had...

Smears, laws, lack of cooperation: Tools against activists

A. D. McKenzie in Belgrade | 2019-04-13 00:00:00

The murder of Brazilian politician and human rights activist Marielle Franco just over a year ago and attacks on other rights activists around the world have galvanised civil society organisations, with the United Nations heightening its own strategy to protect...

Inequality—the villain of peace

Abdul Bayes | 2019-04-13 00:00:00

Bangladesh grew at an average annual rate of 6.2 per cent - indeed an exhilarating rate in the annals of her history - for a decade or so. Then the growth rate jumped to a little over to 7.0 per...

Preparing for post-LDC period critical

Asjadul Kibria | 2019-04-13 00:00:00

The fifth trade policy review of Bangladesh was carried out in the first week of this month at the secretariat of the World Trade Organisation (WTO) in Geneva. This is a mandated exercise in the WTO agreements to examine and...

Late shipment rises alarmingly: Study

Ismail Hossain | 2019-04-13 00:00:00

The extent of delay in export shipment has climbed by 23 per cent during the last three years, threatening the country's reputation, according to a survey. The survey by Bangladesh Institute of Bank Management said late export shipment was 47...

A discourse on reducing the trade gap

Md Mazadul Hoque | 2019-04-13 00:00:00

In an economy like ours, the required amount of foreign exchange has to be kept ready for import payment. The economy is not in a comfortable position with the current reserve of more than $ 30 billion because of its...

Cross-border battle to win the race

Al Fattah Md. Azim | 2019-04-13 00:00:00

It all started 5,000 years ago when traders actively traded in spices across different continents along with other luxury items for better prices. That spice trade later shaped the international trade in modern times. Nowadays, e-commerce has drastically changed the...