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Regional free trade in South Asia may shatter

Asjadul Kibria | 2019-03-01 00:00:00

The militant attack at Pulwama in Jammu and Kashmir on February 14 that claimed lives of 40 Indian security personnel heightened the already tense situation in India-Pakistan relations. India blamed Pakistan for providing support and shelter to the terrorists who...

$3.06b Gabtoli-Borpa metro rail likely

Munima Sultana | 2019-02-28 00:00:00

Another 16-kilometre metro rail corridor from Gabtoli to Borpa of Narayanganj has been proposed at an estimated cost of $3.06 billion.The Mass Rapid Transit Line-05 South (MRT5-S) will get linked with two other ongoing metro rail projects-MRT6 and MRT1.The proposed...

BSEC steps up crackdown on delinquent brokers

Mohammad Mufazzal | 2019-02-28 00:00:00

The securities regulator has reinforced its action against stock brokers who have mishandled investors' funds, a senior official has said.The Bangladesh Securities and Exchange Commission (BSEC) got tough as past behaviour of many brokers could not be corrected fully despite...

Pursuing MBA after an engineering degree

Melita Mehjabeen | 2019-02-28 00:00:00

Pursuing an MBA after engineering has become a trend for more than a few decades not only in Bangladesh, but throughout the world. Globally, about one-third of the CEOs of the S&P 500 companies have engineering as their undergraduate degree....

Control and prevention of diabetes only way to prevent a grave crisis

Muhammad Abdul Mazid | 2019-02-28 00:00:00

Awareness could go a long way towards fighting and preventing diabetes. Diabetes is a group of metabolic diseases, clinically known as Diabetes mellitus (DM). Anyone who has high blood sugar either because the body does not produce enough insulin, or...

Davos in existential crisis

Hasnat Abdul Hye | 2019-02-28 00:00:00

The World Economic Forum (WEF), holding its annual summit of leaders across the board of professions, emerged in the early seventies of last century. It positioned itself at the right of centre in the politico-economic spectrum and made no bones...

NPL volume swells to Tk 939.11 billion

Siddique Islam | 2019-02-27 00:00:00

The volume of classified loans in the country's banking system jumped by over 26 per cent or Tk 196.08 billion (19,608 crore) in the last calendar year despite close monitoring by the central bank.The non-performing loans (NPLs) rose to Tk...

The Wall: Thirty years ago European walls were destroyed, but others are being built

Jan Lundius in Stockholm/Rome | 2019-02-27 00:00:00

On January 25, 2017, the Trump administration signed Executive Order 13767, instructing the government to begin new constructions and replacements of walls between the US and Mexico. From December 22, 2018 to January 25, 2019, the federal government was partially...

Preparing young people for the job market

Md Ashequl Islam | 2019-02-27 00:00:00

With regard to achieving Sustainable Development Goals (SDGs), Bangladesh is lagging behind on a number of core SDG indicators--including revenue generation and foreign direct investment, according to the latest SDG progress report of the country. Revenue generation is there in...

BB issues new policy to police offshore banking operations

Siddique Islam | 2019-02-26 00:00:00

The central bank has issued a new policy asking banks to comply with cash reserve requirement (CRR) and statutory liquidity ratio (SLR) rules for their Offshore Banking Operations.Under the new policy, three-fourths of total outstanding offshore operations' funds will have...

How Bangladesh may benefit from China's industrial reform

Sultana Yesmin | 2019-02-26 00:00:00

Transition from labour-intensive and low-end manufacturing to high-end or smart manufacturing such as semiconductors, robotics, IT (Information Technology), aerospace, and telecommunication has become one of the significant features of China's comprehensive deepening of reform and structural changes since 2012. The...

Nimtoli to Chawkbazar

Mohammed Norul Alam Raju | 2019-02-26 00:00:00

After the fire broke out at Nanda Kumar Lane in Chawkbazar's Churihatta area in Dhaka around 10:35pm on February 20, a total of 39 fire-fighting units from 13 stations along with locals fought the flames throughout the night and managed...

Banks' paid-up set to get raise by a quarter

Siddique Islam | 2019-02-25 00:00:00

The central bank is set to raise paid-up capital of scheduled banks to Tk 5.0 billion from the existing Tk 4.0 billion over the next two years, officials said."We're working on this issue in line with our top management's decision,"...

Prices of 20 listed cos down

Mohammad Mufazzal | 2019-02-25 00:00:00

The share prices of 20 listed companies went down below their respective offer prices despite many of the companies witnessed significant price hike after the listing.The share prices of the companies declined up to 63 per cent from the offer...

Nature's boon of Bangladesh

Enayetullah Khan | 2019-02-25 00:00:00

The pride of Bangladesh is its rivers, with one of the largest networks in the world and a total of about 700 rivers, including the Ganges-Brahmaputra Delta. This gives the country a riverine nature which is reflected in the lifestyle,...

Vanishing languages

Neil Ray | 2019-02-25 00:00:00

Arguably, 6,703 separate languages were spoken in the year 1996. The figure was contentious because some of those were mere variants of dialects of the same language. But the number could be safely put at more than 5,000 with Asia...

Old Dhaka in danger

Shamsul Huq Zahid | 2019-02-25 00:00:00

What the nation is witnessing following the inferno at Old Dhaka's Chawkbazar is a repeat performance on the part of all concerned, including government entities, people's elected representatives and the media. In the event of major fires, no matter if...

Fresh RHD jobs for overworked 49 cos unlikely

Munima Sultana | 2019-02-24 00:00:00

Some 49 contractors, enlisted with the Roads and Highways Department (RHD), are unlikely to get further work for the time being, as they are overburdened with work, caused due to hiding information in the tender documents.RHD made a list of...

In the process of obliteration?

Syful Islam and Adnan Hossain Bhuiyan | 2019-02-24 00:00:00

The Hallmark scam that saw swindling of billions of taka out of the country's largest state-owned bank---Sonali Bank (SB) --- six years ago, has been gradually sliding into oblivion.The SB has not been able to recover even a single penny...

The dialectic of global trade policy

Mohamed A. El-Erian in Munich | 2019-02-24 00:00:00

There is a subtle yet important change occurring in how political leaders think about international trade, including how to remedy long-standing problems. It results from a key distinction between the "what" of trade (where there is relatively broad-based agreement among...

Demographic dividend vs disaster

Abdul Bayes | 2019-02-23 00:00:00

Bangladesh has recently reached the regime of demographic dividend wherein the share of working labour force is swelling. If appropriately approached to utilise this population, nothing could deter its development. A society might be poor in terms of endowments of...

A bright future for Africa's girls

Nkandu Luo in Lusaka, Zambia | 2019-02-23 00:00:00

Education gives young people the tools they need - from cognitive and social skills to self-confidence - to succeed throughout their lives. For many African countries, including my home country of Zambia, burgeoning youth populations make delivering high-quality education to...

Getting job and real wage data in time

Asjadul Kibria | 2019-02-23 00:00:00

When the country is moving ahead with annual economic growth rate of over 7.0 per cent, all focus is on the size of the economy. A number of global estimates projected that Bangladesh would be the 24th or 26th largest...

Agribusiness is the problem, not the solution

Jomo Kwame Sundaram in Kuala Lumpur, Malaysia | 2019-02-23 00:00:00

For two centuries, all too many discussions about hunger and resource scarcity have been haunted by the ghost of Parson Thomas Malthus. Malthus warned that rising populations would exhaust resources, especially those needed for food production. Exponential population growth would...

Verdant soul of Bangla poetry passes away

Helal Uddin Ahmed | 2019-02-23 00:00:00

One of the principal poets of contemporary Bangla poetry in both Bengals-Al Mahmud-passed away on the night of February 15. Born on July 11 in 1936 in Brahmanbaria, he was an outstanding poet, fiction writer, novelist, essayist and journalist. His...

Springtime without the spring

Nilratan Halder | 2019-02-23 00:00:00

This year the winter was perhaps warmer and more short-lived than before. In the country's north the wintry spell was severer and more prolonged. However, in the capital it was hardly cold enough to send people to bed and under...

PMO approves rehabilitation plan

Doulot Akter Mala | 2019-02-21 00:00:00

Bangladesh Economic Zones Authority (BEZA) has got approval of the Prime Minister's Office (PMO) to rehabilitate a total of 518 families living in the areas of Mirsharai Economic Zone and Sonadia Ecotourism Park.The families will be relocated to a newly...

Retraining workers to cope with changing trends

Abdullah Ar Rafee and Ahmed Mostafa | 2019-02-21 00:00:00

The discovery of electricity in the 19th century kick-started the second industrial revolution, and similarly, it is widely believed today that artificial intelligence (AI) is going to be the cornerstone of the fourth industrial revolution (4IR). So, there is no...

Policy inaction irks ADB, threatens fund release

Syful Islam | 2019-02-21 00:00:00

The delay in implementing several policy actions in the second tranche under the third capital market development programme (CDMP3) has irked the Asian Development Bank (ADB), people familiar with the situation said. The Manila-based lender voiced its dissatisfaction as there...

Unhealthy bottled and jar water

Sarwar Md Saifullah Khaled | 2019-02-21 00:00:00

Bottled water consumption has gained popularity in the country over the past decade or so. This is because most people from all walks of life seem to consider these as 'safe and healthy' against tap water. Recent news that five...