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CPA seeks proposals from five global port giants

Syful Islam | 2019-03-23 00:00:00

The authorities have started sending request for proposal (RFP) documents to five short-listed global port giants to submit offers for building the Laldia multipurpose terminal in Chattogram, officials said.The $500 million terminal will be built on a public-private partnership (PPP)...

Stocks wilt amid subdued trading

Babul Barman | 2019-03-23 00:00:00

Stocks ended lower last week, extending its fall for the eighth straight week as worried investors kept selling mostly financial shares. Market analysts said investor sentiment remained wary amid liquidity shortage coupled with lack of market triggers.The institutional investors also...

How to stop motorcyclists' anarchy?

Asjadul Kibria | 2019-03-23 00:00:00

All the efforts to keep the footpaths off-limit to motorcycles have almost proved futile. That's why everyone now appears at a loss to address the fast growing public nonsense. The traffic police literally give impunity to motorcyclists riding on the...

Changing gear for balanced agriculture

Abdul Bayes | 2019-03-23 00:00:00

Politicians vie for popular votes, and more often than not, tend to confuse between access to and availability of food. Even economists sometimes mistakenly mean one for the other. Amartya Sen, the Nobel Laureate, among others, was the first to...

Modern monetary realism - the American case

James K. Galbraith in Austin, Texas, USA | 2019-03-23 00:00:00

Is Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard's Kenneth Rogoff recently argued, a threat to "the entire global financial system" and the front line of the "next battle for central-bank independence"? For Rogoff, the...

Minimising loan default with charge documents

Muhammed Zahirul Alam | 2019-03-23 00:00:00

Loan Default has a big impact on an economy. Obviously the impact is damaging to the financial institutions and to the economy of a country as well. As reported in December 2018, classified loans in the banking sector were to...

Busting fake degree business

Ahnaf Akif Kamal | 2019-03-23 00:00:00

There is a rise of diploma mills worldwide with fake degrees and transcripts easily available in the market. Compromised individuals can potentially corrupt the integrity of graduates thus making the workforce of a country inexperienced. What do fake degrees imply?:Candidates...

Why does road anarchy not cease to exist?

Nilratan Halder | 2019-03-23 00:00:00

Dhaka City witnessed yet again waves of student protests. This time, it is not school students who spearheaded the agitation but their elders mostly studying in universities. The protesting students took to the streets and occupied crucial road intersections and...

Dhaka to go ahead with out-of-court settlement

Syful Islam | 2019-03-22 00:00:00

Bangladesh will press ahead with its plan to settle the reserve heist issue through discussion with the Philippines, although both sides got into a legal battle, a senior official said on Wednesday."Yes, if the two parties agree, the scope is...

Regulators resolve to revamp bond market

Siddique Islam | 2019-03-22 00:00:00

A number of regulatory bodies Thursday decided to make coordinated efforts for revamping the country's moribund bond market and help it meet the long-term financing need of the economy. The resolve was expressed at a meeting of some major watchdog...

Bangabandhu Sheikh Mujib: A leader etched on people's heart

Monzurul Huq | 2019-03-22 00:00:00

The book 'Bangabandhu: Epitome of a Nation' contains a photograph of the cabinet formed under the stewardship of Sher-e-Bangla A. K. Fazlul Haq right after the historic victory in 1954 election of the team which contested under the banner of...

World Kidney Day

World Kidney Day | 2019-03-22 00:00:00

Every year, the world observes the World Kidney Day on the second Thursday of March. The purpose behind observing the day is to create awareness among common people about the importance of keeping the kidneys safe and healthy. This year...

Persistent delinquency

Shamsul Huq Zahid | 2019-03-22 00:00:00

The government reportedly is devising yet another bailout package for the big loan defaulters. The terms and conditions, according to a number of recent newspaper reports, in the proposed facility will be softer than those included in an identical scheme...

Primary education in a shambles

Nilratan Halder | 2019-03-22 00:00:00

Starting on March 13 last the Primary Education Week 2019 concluded on March 19. Such observance follows a ritualistic pattern but this time something more was expected. The expectation issues from the fact that the World Bank's World Development Report...

While GSP in the doldrums, upswing in Bangla-US trade

Asjadul Kibria | 2019-03-21 12:00:00

Bilateral trade between Bangladesh and the United States (US) increased significantly in the last two years when global trade has gone through a tense period. It is the surge in the US export to Bangladesh or Bangladesh's import from the...

Electronic goods godown gutted in Chattogram

Special Correspondent | 2019-03-21 00:00:00

CHATTOGRAM, Mar 20: An electronic goods godown was gutted in a fire this morning at City Gate area in the port city Chattogram. The loss of fire is estimated to be several million taka, said Fire Service sources. Sources said,...

Working women’s commuting made comfortable

Salwa Rafi | 2019-03-21 00:00:00

Three passionate minds -- Reyasat Chowdhury, Jawwad Jahangir, and Shah Sufian Mahmud Chowdhury-- have channeled their expertise to solve a real world problem. Leaving the glamour of corporate life, they founded Shuttle, an app-based pick and drop transport service for...

Stopping carnage in the places of worship

Abdur Rahman Chowdhury in Falls Church, Virginia, USA | 2019-03-21 00:00:00

The deadly attacks in the mosques in Christchurch, New Zealand shocked the people around the world. Fifty worshipers, among the hundreds, assembled at the mosque to observe Friday prayer were gunned down mercilessly by an armed man. Their faults -...

Caring for children with Down syndrome

Sonia Sultana | 2019-03-21 00:00:00

Today, March 21, is the 14th World Down Syndrome Day. What is Down syndrome? How can we diagnose it? Is this preventable or curable? How can we manage it? We should know all the answers so that we can take...

Coping with the changing nature of work

Helal Uddin Ahmed | 2019-03-21 00:00:00

The Czech writer Karel Capek had first coined the word 'robot' back in 1920 based on the Slavic word 'robota' meaning work. Machines have now replaced human workers in numerous fields over the past 100 years. However, contrary to apprehensions...

Sustainability of spinning business: Key issues

Abdul Wadud | 2019-03-20 00:00:00

The number of spinning mills in Bangladesh is on the rise. These mills are contributing remarkably to the growth of the ready-made garment (RMG) industry of the country. Spinning industry of Bangladesh can be discussed from two perspectives: a) government...

Europe under siege: Collusions, Dugin and Bannon

Jan Lundius in Stockholm/Rome | 2019-03-20 00:00:00

"Though this be madness, yet there is method in it." - Polonius in HamletEU Parliament elections take place every fifth year and votes have steadily been decreasing. In the last 2014 election, the overall turnout was 42.54 per cent of...

The social solution to automation

Nicholas Agar in Wellington, New Zealand | 2019-03-19 00:00:00

Nowadays, one struggles to think of any jobs that will still be available for our children when they grow up. Panicked parents are increasingly trying to anticipate the next big digital thing, so that they can give their kids a...

BDT continues to deflate against $

Siddique Islam | 2019-03-18 00:00:00

The local currency is continuously maintaining a depreciating mode against the US dollar (US$), although the central bank is directly selling the greenback to the banks to keep the market stable.The Bangladesh Taka (BDT) depreciated by 10 poisha in the...

Bhutan to get trade transit sans bank guarantee

Syful Islam | 2019-03-18 00:00:00

Bangladesh has agreed to grant transit facility to Bhutan for carrying goods through its territory by furnishing customs guarantee instead of a bank guarantee.Trade officials have said the decision would enable the two countries to sign a bilateral transit deal...

NBR loses Tk 1.4 trillion in 4.5 yrs

Doulot Akter Mala | 2019-03-18 00:00:00

The government has offered around Tk 1.47 trillion in the form of tax exemptions at import stage to the various sectors since fiscal year (FY) 2014-15 until January last.The amount of tax waived is nearly half the current fiscal's total...

Poor progress in French projects

Munima Sultana | 2019-03-18 00:00:00

A portfolio meeting on the projects funded by French development partner has found unsatisfactory progress in road and water sector work.The tenure of some projects of the Agence Francaise de Development (AFD) ended without completion.The meeting reviewed the projects under...

Floating gardens: Answer to decreasing agricultural lands

Sarwar Md Saifullah Khaled | 2019-03-18 00:00:00

A great opportunity has come before the nation in the form of an agricultural system from the south-central coastal districts of the country. This opportunity should be explored and materialised scientifically as far as possible to ease the pressure on...

Jingoism wreaks havoc with society

Neil Ray | 2019-03-18 00:00:00

All hell broke loose in paradise. A picturesque country, New Zealand was literally a paradise until Friday's carnage in two mosques -Majsjid al Noor and Lindwood Masjid. New Zealanders were stunned to know that such an attack could be carried...

Bulging NPL and debt-recovery agents

Shamsul Huq Zahid | 2019-03-18 00:00:00

Finance Minister AHM Mustafa Kamal late last week disclosed that asset management companies (AMCs) would be established soon with the objective of recovering non-performing loans (NPLs) of the banks. The minister, perhaps, wanted to refer to debt recovery agents that...