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BCC: Yet another paper tiger?

Shamsul Huq Zahid | 2019-03-11 00:00:00

The Competition Act was adopted by the country's parliament in 2012. The government took four years to constitute the Bangladesh Competition Commission (BCC) in compliance with the provisions of the act. But stakeholders and experts, it seems, are not happy...

Banking on refugees

Jacqueline Musiitwa in Kampala, Uganda | 2019-03-11 00:00:00

Every minute, on average, 31 people are displaced - forced to leave their jobs, homes, and even their families. These refugees often arrive, after arduous journeys, in new countries with no money or identification, and few possessions. Yet, far from...

Dhaka-Riyadh relations: Towards greater synergy

Kamal Uddin Ahmed | 2019-03-11 00:00:00

The Kingdom of Saudi Arabia (KSA) occupies a vital position in the foreign policy of Bangladesh for political and economic reasons. Ever since the establishment of diplomatic relations in 1975, KSA has been crucial for the much needed economic aid,...

1100 BRTC buses, trucks ready to roll tomorrow

Munima Sultana | 2019-03-10 00:00:00

The Bangladesh Road Transport Corporation (BRTC) has added 600 more Indian air-conditioned (AC), non-AC and double-decker buses and 500 trucks to its fleet.The state transport entity got the commuter and freight vehicles under the country's second line of credit (LoC)...

NBR set to ease tax refund over excess payment

Doulot Akter Mala | 2019-03-10 00:00:00

Marginal taxpayers are set to get a maximum refund of Tk 25,000 directly from the taxmen in case they pay in excess of the payable amount.The move came after a National Board of Revenue (NBR) committee recently recommended that taxmen...

Why economics must get broader before it gets better

Mohamed A. El-Erian in New York | 2019-03-10 00:00:00

The economics profession took a beating after most of its leading practitioners failed to predict the 2008 global financial crisis, and it has been struggling to recover ever since. Not only were the years following the crash marked by unusually...

Energy sector warrants priority attention: WB

Syful Islam | 2019-03-09 00:00:00

The World Bank (WB) conducts a mid-term review of the implementation progress of its ongoing Country Partnership Framework (CPF) with Bangladesh tomorrow (Sunday), officials say.In the review meeting, the Bank officials will share their initial assessment of the implementation progress...

Stocks extend loss amid liquidity shortage

Babul Barman | 2019-03-09 00:00:00

Stocks ended lower for the sixth straight weeks that ended Thursday amid dull trading as investors continued their selling binge on sector-wise shares.Market analysts said majority investors were reluctant to make fresh investment amid liquidity crisis while some were busy...

Land scarcity key barrier to dev of renewable energy

Ismail Hossain | 2019-03-09 00:00:00

Bangladesh doesn't have natural advantage for producing large-scale clean and renewable energy, an industry leader said. Scarcity of land for solar power, absence of quality and steady wind for windmills and deficiency of waterfall for hydropower are some of the...

BD exports to gain if FTA deal signed with Mercosur bloc

Rezaul Karim | 2019-03-09 00:00:00

Trade with the Mercosur-member states would benefit Bangladesh subject to signing a free trade area (FTA) deal.A recent official study found the potential and recommended going for the FTA with the South American trading bloc of Argentina, Brazil, Paraguay, Uruguay...

Physicians of a different breed

Nilratan Halder | 2019-03-09 00:00:00

They are physicians extraordinary. In a country where there are complaints galore against physicians for not attending duty or remaining away from duty stations only to falsely put their signature in the attendance register at the end of a month...

Public and private investment in economic growth

Md Monirul Islam | 2019-03-09 00:00:00

Economic growth as well as development of an economy bank predominantly on the capability to invest and utilise resources efficiently. In case of Bangladesh, both public and private investments have been instrumental to stimulate economic growth. As a developing country...

Bad management of solid waste

Asjadul Kibria | 2019-03-09 00:00:00

Dumping of solid waste at different places in Dhaka becomes a hazardous thing for human health and environment. Usually, large dustbins on different roads and streets are being used to dump the waste. But placing the bins without any care...

More to be done on food and nutrition front

Abdul Bayes | 2019-03-09 00:00:00

For a pretty long time, agriculture as a navigator to improved nutrition took a back seat in the minds of academics. There has not been much research as to how agriculture and agricultural food systems, policies and strategies can be...

Afghanistan: Breaking the cycle of unlearned lessons

Dhruva Jaishankar in New Delhi | 2019-03-09 00:00:00

The recent geopolitical history of Afghanistan can be divided into five phases. But now it is at the cusp of another transition, and the defining features of the new phase remain to be seen.During the first phase, from 1974 to...

IFC for aggressive marketing to raise global share

Syful Islam | 2019-03-08 00:00:00

The International Finance Corporation (IFC) said that attaining the leather export target of US$5.0 billion by 2021 would not be possible for Bangladesh.In an export roadmap, the IFC, based on natural growth and historical trend, predicted that export of leather,...

BB extends deadline by six months for implementation

Siddique Islam | 2019-03-08 00:00:00

The central bank has extended the implementation of the revised limit on advance-deposit ratio (ADR) by banks for additional six months aimed at keeping the money market stable, officials said.Under the extended timeframe, the banks are allowed to implement the...

Top rail jobs still charmless for women

Munima Sultana | 2019-03-08 00:00:00

The Bangladesh Railway (BR) is still to stand out as an attractive place for women as only 2.0 per cent females are working at official ranks.The latest data shows 26 female officials now work in mechanical, civil, electrical, store, traffic...

Fiscal policies ill-equipped for women entrepreneurs

Doulot Akter Mala | 2019-03-08 00:00:00

The country's fiscal policies are yet to be fully equipped to support start-up women entrepreneurs at grass-roots level, experts said.Barring the income tax law, no other fiscal law, be it Value Added Tax or customs, has the provisions considering gender...

Rangpur female labourers get less wages than males

Sayed Mofidul Babu | 2019-03-08 00:00:00

RANGPUR, Mar 7: The female labourers in Rangpur district are deprived of equal rights, as they are given much less wages than their male counterparts for the same type of work.According to sources a good number of women in the...

Counting the cost of gender gap in pay

Doulot Akter Mala | 2019-03-08 00:00:00

Is the gender gap in pay on the downward trajectory in Bangladesh? The answer could be 'yes' or 'no.' But this gap is not worse in Bangladesh than that in any other South Asian country. In the Global Gender Pay...

The nightmare for women in city

Munima Sultana | 2019-03-08 00:00:00

Prapti, Priya and Prokity were standing beside a busy road in the city to catch a bus. After classes, they were going back home like every other days from their college on the Mirpur Road. One after another the buses...

Easing workload and service in passport office

Shamsul Huq Zahid | 2019-03-08 00:00:00

The picture that accompanied the story, titled 'Situation tough for both service-seekers, officials in passport office', published in this paper on March 04 last spoke volumes about the sufferings of the people who visit the passport offices in their thousands...

Gap between schooling and learning

Nilratan Halder | 2019-03-08 00:00:00

In its World Development Report (WDR) 2018, the World Bank has extensively focused on education in the section subtitled, "Learning to Realise Education's Promise". How countries perform in terms of children's education has been thoroughly assessed by the World Bank...

The settings for national budget FY20

Asjadul Kibria | 2019-03-08 00:00:00

As the new fiscal year is approaching, preparation for the annual national budget is also underway. It will be the debut budget for the incumbent finance minister. The exercise of budget is not a new thing for him as he...

ECNEC okays DSCC’s $106m-cost project

Munima Sultana | 2019-03-07 00:00:00

The Dhaka South City Corporation (DSCC) will launch a project soon to improve neighbourhoods in some parts of the capital, including Old Dhaka, which has been gripped with various problems, including lack of open space and recreation facilities, sources said.The...

Realising the promises of education

Helal Uddin Ahmed | 2019-03-07 00:00:00

As pointed out by the World Development Report-2018 titled 'Learning to Realise Education's Promise', mere provision of education is not enough for raising aspirations, setting values and enriching lives in a country. It is in fact learning and acquisition of...

Ignorance-inspired Brexit imperial nostalgia

Jomo Kwame Sundaram in Kuala Lumpur and Anis Chowdhury in Sydney | 2019-03-07 00:00:00

As the possible implications of Britain's self-imposed 'no-deal' exit from the European Union loom larger, a new round of imperial nostalgia has come alive.After turning its back on the Commonwealth since the Thatcherite 1980s, some British Conservative Party leaders are...

Govt seeks info on overall SoCBs’ loans, advances

Rezaul Karim | 2019-03-06 00:00:00

The government has sought specific information including overall loans and advances for the last three calendar years until 2018 from state-owned commercial banks (SoCBs).The banks have also been asked to provide detailed information on their financing status on capital machinery,...

Imports up by 10pc, trend may continue ahead of Ramadan

Siddique Islam | 2019-03-06 00:00:00

Bangladesh's overall imports grew by nearly 10 per cent in the first seven months of this fiscal year (FY), 2018-19, following higher imports of intermediate goods and fuel oils, officials said.The actual import in terms of settlement of letters of...