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Village super market comes to aid of farmers

Yasir Wardad, back from Khulna | 2018-11-23 00:00:00

The country's first-ever village super market (VSM) started its journey in Khulna this month, designed to bring framers and traders under one roof and cut out the role of middlemen in agribusiness. The market was constructed at Dumuria upazila at...

NBR taskforce to include BIDA, police, NSI officials

Doulot Akter Mala | 2018-11-23 00:00:00

The tax authority will join hands with the law-enforcing agencies and investment promotion authority to find out illegal foreign residents working in the country to ensure proper tax collection from them. National Board of Revenue's (NBR) Tax Legal and Enforcement...

BD needs to apply anew for Chinese buyer's credit

Munima Sultana | 2018-11-23 00:00:00

Dhaka needs to apply anew for Chinese loans for the projects, deals on which were signed during Xi Jinping's visit here in 2016, to match his government's new lending policy.China has reformed its policy on loan under the preferential buyer's...

Addressing inequity and social injustice through education research

S. M. Rayhanul Islam | 2018-11-23 00:00:00

The American Educational Research Association (AERA) is the world's largest interdisciplinary research association devoted to the scientific study of education and learning. Established in 1916, AERA is concerned with improving the educational process by encouraging scholarly inquiry related to education...

Blame game over default culture

Shamsul Huq Zahid | 2018-11-23 00:00:00

One has ample reasons to get confused by the statements made from time to time by men of authority about banks and banking practices. Their actions and statements would remind people of one saying in Bangla, "Sarpo hoiya dangsan karo,...

Regional cooperation for achieving SDGs

Nilratan Halder | 2018-11-23 00:00:00

The need for a South Asian framework aimed at bolstering cooperation and collaboration among nations in the region for achieving the sustainable development goals (SDGs) has been voiced at a meeting on research policy held in the city. For Bangladesh,...

Govt decides to carry out feasibility study

Syful Islam | 2018-11-21 00:00:00

The government has decided to employ two state think-tanks for examining the pros and cons of the use of Kolkata and Haldia ports by the Bangladesh businesses.Officials have said local shippers are pressing for using the two Indian ports to...

International Day for Elimination of Violence against Women commemorated

Rangita de Silva de Alwis | 2018-11-21 00:00:00

"From the tuk tuk drivers in Cambodia… to the school children in South Africa, women and men and girls and boys are taking a stand to prevent violence against women," says Executive Director of UN Women and Under Secretary General...

Averting risk of falling into debt trap

Asjadul Kibria | 2018-11-21 00:00:00

Debt sustainability is a risk factor for the poor countries of the world. Many poor countries had to suffer due to low sustainability of debt, mostly in foreign loans. Though several global efforts are there to reduce the risk of...

Govt to borrow Tk 20b more from banks

Siddique Islam | 2018-11-20 00:00:00

The government revised its auction calendar on Monday keeping an option for borrowing Tk 20 billion more for financing budget deficit ahead of the December general elections, officials said.Under the revised calendar, the net borrowing from the banking system is...

BSEC decides to probe irregularities by EIs

Mohammad Mufazzal | 2018-11-20 00:00:00

Securities regulator has decided to look into the alleged irregularities indulged in by the eligible investors (EIs) in determining companies' share prices under the book building method (BBM). Bangladesh Securities and Exchange Commission (BSEC) has already started collecting information on...

Africa set for a massive free trade area

Kingsley Ighobor | 2018-11-20 00:00:00

Following the unveiling of the African Continental Free Trade Agreement in Kigali, Rwanda, in March 2018, Africa is about to become the world's largest free trade area: 55 countries merging into a single market of 1.2 billion people with a...

APEC summit ends without a joint communique

Kamal Uddin Ahmed | 2018-11-20 00:00:00

With the theme 'Harnessing inclusive opportunities, embracing the digital future,' APEC (Asia-Pacific Economic Cooperation) held its 30th annual summit in Port Moresby, the capital of Papua New Guinea (PNG), on November 17-18. It was the first time in group's history...

Polls prod govt to borrow more from banks

Siddique Islam | 2018-11-19 00:00:00

The government is set to boost its bank borrowing significantly in November mainly due to the upcoming general elections, officials have said.The net borrowing from the banking system is on track to reach Tk 10.42 billion by the end of...

Danger from LNG and CNG cylinders

Neil Ray | 2018-11-19 00:00:00

The death of a child from cylinder blast in a kitchen at Dhalpur, Jatrabari has caused bleeding to many a heart. Six more people there were also injured. But it was the small soul that instantly perished under the impact...

When sugar tastes bitter

Shamsul Huq Zahid | 2018-11-19 00:00:00

The pitiable state of a state-owned sugar mill has been highlighted in a report published in the last Sunday's issue of a leading vernacular daily of the country. The management of Rajshahi Sugar Mills, according to the report, is now...

Earth's biodiversity: A pivotal meeting at a pivotal time

Cristiana Pasca Palmer and Anne Larigauderie in Sharm El Sheikh, Egypt | 2018-11-19 00:00:00

The quality of the air we breathe, the food we eat and the water we drink depend directly on the state of our biodiversity, which is now in severe jeopardy. We need a transformational change in our relationship with nature...

Agriculture deserves to be recognised as a profession

Helal Uddin Ahmed | 2018-11-19 00:00:00

The huge strides made by Bangladesh in agricultural production and productivity despite the gradual shrinking of cultivable land as well as adverse impacts of climate change have attracted the attention of the global community. Alongside the staple foodgrain paddy, the...

Trade suffers as India allows limited time for cargo movement

Rezaul Karim | 2018-11-18 00:00:00

An inordinate delay in allowing the Bhutanese goods-laden trucks to enter Bangladesh through Indian land port Changrabandha is badly hampering Bangladesh's import trade with Bhutan, officials and relevant traders said.The Indian land port authorities have set a limited time frame...

China top FDI source in FY '18

Asjadul Kibria | 2018-11-18 00:00:00

China became the top source of foreign direct investment (FDI) for Bangladesh last fiscal year (FY), the central bank said.The net inflow of FDI from the world's second-largest economy reached US$ 506.13 million in fiscal year 2017-18.The amount was around...

NBR waives VAT on travel agents' commission

Doulot Akter Mala | 2018-11-18 00:00:00

The revenue board has exempted the travel agents from paying Value Added Tax (VAT) on their commission earnings from sales of air tickets, according to an order.There was 15 per cent VAT, imposed in Fiscal Year (FY) 2016-17, on travel...

123 DSE shareholders receive cheques

Mohammad Mufazzal | 2018-11-18 00:00:00

Some 123 shareholders of Dhaka Stock Exchange (DSE) so far have received cheques against their shares sold to the Chinese consortium with a commitment of investing in the capital market.By investing their funds in the stock market, the shareholders will...

Belt and Road Initiative: New facet of Chinese economic diplomacy

Sultana Yesmin | 2018-11-18 00:00:00

Economic diplomacy, as a strategy of enhancing national prosperity, has been a significant priority for many countries across the world in the period following the Cold War. The financial crisis since the turn of the twenty-first century has encountered substantial...

Adjusting to changing trends in BD trade and economy

Md Joynal Abdin | 2018-11-18 00:00:00

The economy of Bangladesh is at present going through a transformational phase from that of a least developed country (LDC) towards a developing one. The country is expected to graduate from the LDC bracket by 2024. To achieve the desired...

CPA moves to buy 130 more pieces of equipment

Syful Islam | 2018-11-17 00:00:00

The Chittagong Port Authority (CPA) has moved to buy 130 more pieces of equipment by next year aiming to provide better services to port users, officials have said.The existing equipment can cover 80 per cent of the requirements of the...

BR, BBA spar over land acquisition

Munima Sultana | 2018-11-17 00:00:00

Bangladesh Railway (BR) and Bangladesh Bridge Authority (BBA) have been locked in a row over land acquisition for constructing the longest railway bridge over the Jamuna River.Official sources said though BBA agreed earlier to provide its land to BR under...

895m tonnes of lentil start rotting in TCB warehouse

Rezaul Karim | 2018-11-17 00:00:00

The Trading Corporation of Bangladesh (TCB) is likely to count huge losses as 894.621 million tonnes of lentil have started rotting in its warehouse, according to a source familiar with the matter. This large volume of lentil has been stored...

Stocks drift lower as election nears

Babul Barman | 2018-11-17 00:00:00

Stocks edged lower last week, after remaining flat in the previous week, as investors mostly followed cautious stance ahead of national election.Market insiders said most of investors adopted a 'wait-and-see' policy as election nears while lower than expected earnings disclosures...

Remembering Maulana Bhashani

Muhammad Quamrul Islam | 2018-11-17 00:00:00

I gained admission into Dhaka University as a first-year honours student in the Economics Department in 1957. I was a resident of SM Hall. That was a period of political instability in East Bengal. Jukta Front had won the 1954...

How to upgrade Doing Business ranking

Aslam Mia | 2018-11-17 00:00:00

Since 2003, Doing Business Report has become one of the flagship publications of the World Bank Group. According to the definition of the World Bank, Doing Business Report measures the regulations that enhance business activity and those that constrain it....