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As treaties collapse, can still a nuclear arms race be prevented?

Christine Muttonen, Jacqueline Cabasso and Alyn Ware in Basel, Switzerland | 2019-02-06 00:00:00

The United States last week officially announced it is walking away from the Intermediate Range Nuclear Forces (INF) Treaty, an agreement made between the USA and the Soviet Union in 1987 to eliminate a whole class of nuclear weapons that...

A second chance to fix finance

Bertrand Badré and Laurence Daziano in Paris | 2019-02-06 00:00:00

In December 2018, US stocks recorded their biggest monthly decline since the subprime mortgage crisis. The sharp fall reflected current concerns about slower economic growth, higher interest rates, Brexit, a possible US-China trade war, and rising geopolitical uncertainty. But the...

Govt earnings from DSE fall 14pc in July-January

Babul Barman | 2019-02-05 00:00:00

The government revenue earnings from the Dhaka Stock Exchange (DSE) fell 14 per cent in July-January period of the current fiscal year on the back of falling trade volumes.Market insiders said sluggish market trend coupled with low share sales by...

Import expenses exceed $30b mark in H1

Siddique Islam | 2019-02-05 00:00:00

Bangladesh's import expenses exceeded the US$30 billion mark in the first half (H1) of the current financial year (FY), 2018-19, on the back of higher imports of intermediate goods. The overall imports stood at $30.07 billion during July-December of FY...

State-owned financial entities indifferent to timely settlement

Rezaul Karim | 2019-02-05 00:00:00

A total of 38,729 audit objections, involving a sum over Tk1.48 trillion, with different state-run banks and agencies, including the Bangladesh Bank (BB), have long remained unresolved. The audit objections, raised by the Commercial Audit Directorate under the office of...

Providing GI tags to different products is not the end of the story

Asjadul Kibria | 2019-02-05 00:00:00

Another heritage product of Bangladesh comes under the protection of Geographical Indication (GI)-- a form of intellectual property right (IPR). It is Khirsapat mango of Chapainawabganj which becomes the third GI-tagged product in Bangladesh after Jamdani sari and Hilsha fish....

BD set to get DFQF access to China Dhaka, Beijing to sign deal soon

Syful Islam | 2019-02-04 00:00:00

China is set to grant duty-free and quota-free (DFQF) market access for all Bangladeshi products shortly, trade officials said.Except tobacco and maize, all the major Bangladeshi products like apparel, leather, jute and jute goods, medicine and frozen fish will be...

Tax rates, fiscal measures to be consistent: Kamal

Doulot Akter Mala | 2019-02-04 00:00:00

Finance Minister AHM Mustafa Kamal on Sunday pledged to maintain consistency in tax rates and other fiscal measures and frame a simple budget from the next fiscal year (FY).In a meeting with income tax officials, Mr Kamal asked the taxmen...

Foreign fund-flow in stocks turns around

Babul Barman | 2019-02-04 00:00:00

Net foreign fund-flow in stocks turned around in January after remaining negative in the past three months as overseas investors were putting fresh funds after the national elections.Market analysts said peaceful holding of election has boosted the confidence level of...

China's DFQF scheme and Bangladesh

Sultana Yesmin | 2019-02-04 00:00:00

Since the beginning of "reform and opening-up" policy in 1978 under Deng Xiaoping, China has adopted the policy of multilateral trading system based on a far more liberalised trade regime. As a move forward in line with the policy, China...

Celebrations all around

Neil Ray | 2019-02-04 00:00:00

It is celebration time in Bangladesh, more particularly in the capital. Beginning with Nabanna (harvest festival or Poush Sangkranti), a series of indigenous cake festivals are held. The old Dhakaites have their Sankraine Utsab, part of which is cake festival...

High cost, low quality

Shamsul Huq Zahid | 2019-02-04 00:00:00

It is no secret that the cost of road construction in Bangladesh is the highest in the world. In contrast, the quality of the roads built by state agencies is one of the poorest in the world. A host of...

VAT online system

Doulot Akter Mala | 2019-02-03 00:00:00

The National Board of Revenue (NBR) has formed a technical committee to take over the automated Value Added Tax (VAT) online system from a Vietnamese company after expiry of its contract.The panel will monitor progress of iVAS (integrated VAT Administration...

Intraco Refueling to expand business through five new projects

Mohammad Mufazzal | 2019-02-03 00:00:00

Intraco Refueling Station Limited (IRSL), an 'A' category listed company, has posted moderate growths in operating and gross profits during the calendar year 2013 to fiscal year (FY) 2018.The company's operating profits were above Tk 61.75 million and above Tk...

Spring Festival heralds Chinese New Year

Helal Uddin Ahmed | 2019-02-02 12:00:00

The Spring Festival or Chinese New Year (Chun Jie) is the most important traditional festival of China observed on and from the first day of the first Chinese lunar month. It ushers in the lunar New Year in accordance with...

Drive that starts with a bang but ends in a whimper

Nilratan Halder | 2019-02-02 12:00:00

An evacuation drive is currently being conducted by the Bangladesh Inland Water Development Authority (BIWTA) on the banks of the Buriganga. The intent demonstrated looks serious and some of its top officials are on record saying that they would demolish...

ADB high-ups to visit BD this year

Ismail Hossain | 2019-02-02 00:00:00

A number of Asian Development Bank (ADB) high-ups, including its president, vice presidents, chief economist and some directors, will visit Dhaka this year to reassure their development assistance to the country.ADB President Takehiko Nakao will likely to visit early May,...

Reimagining Davos

Mohamed A. El-Erian in New York | 2019-02-02 00:00:00

I do not attend the annual meeting of the World Economic Forum in Davos. But my sense is that, as in previous years, this year's participants ended up extrapolating more from the recent past than genuinely looking into the future...

Less stressful public examination

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

The annual public examination of the secondary school completion starts today (February 02, 2018). It is generally considered the first and most important public test for students on the path to their tertiary education. This year around 2.57 million boys...

Option for not rice alone

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

The era of rice as a predominant food item in Bangladeshi diet seems to be on the way out. The reasons are not far to seek--urbanisation, sustained income growth and decline in poverty "are continuing to change consumption patterns and...

Social health approach against drug abuse

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

Initiatives are on to revamp the way the scourge of drug addiction and abuse is countered, with emphasis to move away from mere punitive action under the criminal justice system. Sections in the Narcotics and Dangerous Drugs Act need to...

BB to focus on credit flow to priority sectors

Siddique Islam | 2019-02-01 00:00:00

The Bangladesh Bank (BB) will continue its intensive supervision in ensuring credit flow to the priority sectors to help create more and better jobs along with protecting the environment."….BB will continue resorting to intensive and intrusive supervision in ensuring that...

The current trend of gender pay gaps across the world

S. M. Rayhanul Islam | 2019-02-01 00:00:00

Across the world, gender pay gaps indicate one of today's greatest social injustices, which continue to be a major obstacle to achieving a better and more sustainable future for all. Much has been written on this topic as well as...

Two sides of same coin

Shamsul Huq Zahid | 2019-02-01 00:00:00

There has been no dearth of issues to fuel discussion in this country. A strong debate over the December 30 general election outcome that preoccupied the nation has more or less subsided by now. The content of a couple of...

Only state-run public transport in capital

Nilratan Halder | 2019-02-01 00:00:00

As traffic anarchy in Dhaka city and road accidents across the country relentlessly continue to claim lives, a country in Europe is all set to introduce no-fare travel. Indeed, Luxembourg will be the first country in the world to abolish...

The fatal flaw of Central Europe's illiberal democracies

Piroska Nagy-Mohacsi in London | 2019-02-01 00:00:00

Street protests in Budapest against new legislation governing overtime work - quickly dubbed the "slave law" - highlight the vulnerability of the illiberal democracies that have emerged in Central Europe. The law, introduced without any consultation, seeks to limit labour...

Seven-man body to take stock of abandoned commercial assets

Rezaul Karim | 2019-01-31 00:00:00

The government is set to start investigation soon to take stock of its abandoned commercial assets in 15 districts of the country, officials said.The government will carry out the investigation aiming to recover its illegally-occupied properties.The districts are: Dhaka, Khulna,...

BB holds on to cautious monetary policy stance

Siddique Islam | 2019-01-31 00:00:00

The monetary policy statement (MPS), announced Wednesday by the country's central bank for the second half (H2) of the current financial year, maintained a 'cautious' monetary policy stance with slight downward revision of the private sector credit growth target and...

Sustainable development - a long-term challenge

Shamsul Alam | 2019-01-31 00:00:00

Fundamental theme of 'Vision 2021' and the associated Perspective Plan is the achievement of a development outcome where citizens will have a higher standard of living, will be better educated, will face better social justice, and will have a more...

The case for digital identification

Anu Madgavkar in Mumbai and Olivia White in San Francisco | 2019-01-31 00:00:00

Worldwide, more than four billion people are connected to the Internet, spending an average of roughly six hours per day on Internet-enabled devices and services. In Thailand and the Philippines, average daily usage is 9.5 hours; in the United States,...