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Creating an efficient circular bus service system

Asjadul Kibria | 2019-03-30 00:00:00

The introduction of circular bus service at Dhanmondi area in Dhaka is a welcome move no doubt. Though the concept of circular bus service is simple, it is really difficult to operate such service especially in an unplanned or faulty-planned...

Punishment or reward for loan defaulters?

Abdul Bayes | 2019-03-30 00:00:00

During the last couple of years, turbulence gripped the banking sector in Bangladesh - largely in the state sector but lately in the private sector also. Loan defaults have historically bled the sector but successive financial scams have tarnished the...

Protecting legal rights of migrant workers

Aminul Hoque Tushar | 2019-03-30 00:00:00

As a state ratifying the International Convention on the Protection of Rights of All Migrant Workers and Members of Their Families, 1990, the government of Bangladesh should ensure the rights of migrants and families through different legal means. As a...

Discourse of Hatred: Christchurch shootings

Md. Habibullah | 2019-03-30 00:00:00

In New Zealand's history, the deadliest attack on two mosques at Christchurch on 15 March 2019, killing 50 and injuring 50 other innocent Muslims during Friday prayer, throws a question to the psyche of the world whether such a heinous...

Competition to thrive on dishonest business

Nilratan Halder | 2019-03-30 00:00:00

The imported tag on the tub-like plastic container of a kilogram of honey declares that its maximum price is Tk 650. Imported from China, the Husein company's honey is imported by a local trading agency -perhaps the only importer to...

Educational Change in Bangladesh: Challenges and opportunities

S. M. Rayhanul Islam | 2019-03-29 00:00:00

Research and Educational Change in Bangladesh Edited by: Janinka Greenwood, John Everatt, Ariful Haq Kabir and Safayet Alam 1st Published in July 2013 by the University of Dhaka, as a collaboration between University of Canterbury & University of Dhaka, Pages...

'Exit' plan for 'honest' loan defaulters

Shamsul Huq Zahid | 2019-03-29 00:00:00

A section of newspapers had been speculating during the past few weeks about the arrival of yet another bailout for the bank loan defaulters. Finance Minister AHM Mustafa Kamal Monday last confirmed that an exit plan was on its way....

Many a slip between the cup and the lip

Nilratan Halder | 2019-03-29 00:00:00

The bus that ran over Abrar Ahmed Chowdhury on zebra crossing, claims Dhaka Metropolitan Police (DMP) chief Asaduzzaman Mia, had no route permit to operate it in the city. Its route permission was for operation between the capital and a...

Celebrating the 8-plus growth cautiously

Asjadul Kibria | 2019-03-29 00:00:00

It is now official that Bangladesh economy is set to post 8-plus growth. Finance Minister AHM Mustafa Kamal has already announced this on the basis of preliminary estimation of the current fiscal year's (FY19) Gross Domestic Product (GDP). Bangladesh Bureau...

Effectiveness of training needs assessment practice in banking sector

Shahin Akther and Nazrul Islam | 2019-03-28 12:00:00

The availability of skilled and efficient bankers is a major challenge for the banking sector of Bangladesh. Banks prefer more training than gaining bookish knowledge to ensure that the employees are motivated and have developed relevant skills in them to...

World Bank financialising development

Jomo Kwame Sundaram in Kuala Lumpur and Anis Chowdhury in Sydney | 2019-03-28 12:00:00

The World Bank has successfully legitimised the notion that private finance is the solution to pressing development and welfare concerns, including achieving the Sustainable Development Goals (SDGs) through Agenda 2030. A recent McKinsey report estimates that the world needs to...

PMO issues directives to support women investors

Doulot Akter Mala | 2019-03-28 00:00:00

The Prime Minister's Office (PMO) has issued a set of 12-point directives to increase the share of women investors in the national economy by offering necessary fiscal, administrative and regulatory incentives.It said the 15 per cent value-added tax (VAT) rate...

Creating conditions for sustainable growth

Helal Uddin Ahmed | 2019-03-28 00:00:00

Bangladesh has been achieving sustained economic growth over the past three decades despite innumerable hurdles like over-population, repeated natural calamities, lack of good governance, institutional weaknesses including bureaucratic red tape, rampant corruption as well as weak infrastructure. Many economists, both...

Is socialism staging a comeback?

Hasnat Abdul Hye | 2019-03-28 00:00:00

Almost suddenly, socialism has come to the forefront of political discourse, on both sides of Atlantic, from the background to which it was relegated as being irrelevant. After the fall of Berlin wall in 1989, or to be more precise,...

Trump is putting the world at risk

Jeffrey D. Sachs, Bandy X. Lee, and Ruth Ben-Ghiat in New York | 2019-03-28 00:00:00

Mental health professionals and others have been trying to warn the public about the dangers of US President Donald Trump since his election. Trump's extreme narcissism, sadism, lack of empathy, and admiration for despots are on daily display. Some may...

BIFFL to go public to raise Tk 10 billion

Ismail Hossain | 2019-03-26 00:00:00

Bangladesh Infrastructure Finance Fund Limited (BIFFL) has planned to mobilise capital amounting to Tk 26 billion through issuing bond and floating IPO in the capital market in short and long terms. In the first phase of mobilising funds, the application...

South-South cooperation now triangulates with the North

Daniel Gutman in Buenos Aires, Argentina | 2019-03-26 00:00:00

It sounds like a contradictory play on words, but the countries of the industrialised North are currently the big supporters of South-South cooperation, as was demonstrated at the United Nations Second High-Level Conference on this subject, held in the Argentine...

Xi's trip to inject new vitality into China-Europe ties

People's Daily | 2019-03-26 00:00:00

Chinese President Xi Jinping's visits to Italy, Monaco, and France bear historic significance for the development of relations between China and the three countries, and will inject new vitality to the development of China-Europe relations in the new era.Scheduled from...

Exchange rate adjustment of taka: A crying need

Syed Ashraf Ali | 2019-03-26 00:00:00

Bangladesh professes to maintain a floating exchange rate of its currency but practices what is called managed floating or pegged floating regime. In foreign exchange parlance this system of exchange rate management is also known as dirty floating. What we...

Progress slow in follow-up on pm’s directives

Munima Sultana | 2019-03-25 00:00:00

Prime Minister Sheikh Hasina has given new directives on road safety, although most of her earlier orders fell on deaf ears of the authorities concerned.Sources said many of the instructions regarding road safety are yet to be implemented due to...

Inside the 'Ease of Doing Business' index

Md. Joynal Abdin | 2019-03-25 00:00:00

The ease of doing business index/ranking is probably one of the World Bank's most powerful reports as it has gained the attention of most of the governments around the world. Based on the findings of the annual report, private sectors...

Education sans examinations!

Neil Ray | 2019-03-25 00:00:00

For learners up to class III, this is celebration time. It promises to be a celebration time for the nation depending on how the opportunity is used. If abused, there is every chance that the learning of a generation will...

Workers' low wage and investment

Shamsul Huq Zahid | 2019-03-25 00:00:00

The cost on account of salary and wages of management employees and general workers in Bangladesh is one of the lowest in Asia and the Pacific, said a recent survey carried out by the Japan International Trade Organisation (JETRO). There...

Compliant taxpayers burdened with multiple audits: WB

Doulot Akter Mala | 2019-03-24 00:00:00

The World Bank has suggested that the revenue board move away from the conventional way of reconciling taxpayers' audit and adopt investigative and analytical approach to get better results.The National Board of Revenue (NBR) should focus on capacity building of...

Manufacturing sector: Silent revolution in women empowerment

Amrita Makin Islam | 2019-03-24 00:00:00

The world that we live in today is one of conscious consumerism. The consumer is conscious of the footprint of the product and is keen to know how and under what conditions it was manufactured. This is helping the manufacturing...

Bangladesh Delta Plan 2100: Implementation challenges and way forward

Shamsul Alam | 2019-03-24 00:00:00

Bangladesh Government has approved Bangladesh Delta Plan 2100 (BDP 2100) on September 04, 2018 with the aspiration of achieving 'safe, climate resilient and prosperous Delta' by 2100. In other words, 'BDP 2100 is the plan for moving Bangladesh forward towards...

ABC of the economics of Brexit

Toufiq Ali | 2019-03-24 00:00:00

The United Kingdom (UK) and the European Union (EU) have had a love-hate relationship. Till the end of the Second World War, the UK had an enormous empire, with territories around the globe. It was also on the forefront of...

Southeast Asia: Hiding in plain sight

Matthew Lobner | 2019-03-23 12:00:00

Ask many Bangladeshi businesses or investors about 'Asian business opportunities' and they are likely to think China and perhaps India. Southeast Asia - home to countries including Indonesia, Malaysia, Singapore and the Philippines - is likely to be an afterthought.That...

IMO fuel regulations 2020: Shipping costs likely to increase

Md Shahin Alom | 2019-03-23 12:00:00

The International Maritime Organisation (IMO) is preparing to roll out a landmark set of regulations that will cost carriers at least $15 billion per year. As per IMO fuel regulations 2020, the sulphur content of ships' oil have far-reaching consequences...

Spike in foreign aid when the economy is no longer aid-dependent: Its implications

Kazi Golam Tashfique | 2019-03-23 12:00:00

Remember Zambia, one of the wealthiest countries of Sub-Saharan Africa until mid-1970s? The structural similarity between Bangladesh in the 21st century and Zambia in the mid-1970s concerns me a lot. Just like Zambia in the mid-1970s, Bangladesh is also currently...