Asjadul Kibria | 2018-11-17 00:00:00
Any new economic concept needs time before it gets validated as a theory. The validation has to be backed by empirical evidences and proofs. Even after validation, not all theories are free from short-comings. Many of the time-tested and established...
Abdul Bayes | 2018-11-17 00:00:00
The Research Almanac 2018 of the Bangladesh Institute of Development Studies (BIDS) was unveiled recently at Lakeshore Hotel. Dr Mashiur Rahman, economic affairs adviser to the Prime Minister graced the occasion as chief guest while KAS Murshid, Director General of...
Jayati Ghosh in New Delhi | 2018-11-17 00:00:00
The Reserve Bank of India (RBI) is locked in a bitter public feud with the administration of Prime Minister Narendra Modi over Modi's attempts to encroach on the central bank's independence. In fact, the government's actions are a serious problem,...
Muhammad Abdul Mazid | 2018-11-17 00:00:00
Establishing a pro-taxpayer environment in an emerging economy like Bangladesh where tax-GDP ratio is hovering around 10-11 per cent, requires a very close review of existing rules and regulations keeping in view present-day social norms and business practices. If these...
Nilratan Halder | 2018-11-17 00:00:00
If I weren't there, mother would have no tension. A sentence uttered so innocently by a city college girl shook anyone at the core of existence, provided that the person is sensitive enough. Actually she wanted to convey 'if it...
Doulot Akter Mala | 2018-11-16 00:00:00
The government is set to empower the customs authority to seize or halt release of imported goods in the event of violation of intellectual property rights (IPR).A draft rule on the IPR has been prepared, giving customs officials the authority...
Shamsul Huq Zahid | 2018-11-16 00:00:00
Stakeholders concerned are deeply depressed by the current 'moribund' state of the stock market. Their frustration, apparently, is now at its peak as they see no light at the end of the tunnel. The reason behind their disappointment is understandable....
Nilratan Halder | 2018-11-16 00:00:00
Bangladesh has baffled pundits in the academic arena, particularly economists, by the progress it has made on the socio-economic fronts. One common perception is that good governance and transparency ensure economic growth and social progress. When these two prerequisites are...
Siddique Islam | 2018-11-15 00:00:00
The central bank has strengthened its foreign currency support to the commercial banks to settle their import payment obligations particularly for fuel-oils, officials said.As part of the move, Bangladesh Bank (BB) sold US$ 95 million directly to the commercial banks...
Syful Islam | 2018-11-15 00:00:00
Securities regulator has prepared a four-point formula for boosting institutional investments in bourses, officials have said.The formula includes addition of certain provisions to the Bank Companies Act to help increase contribution of major institutional investors like banks to the capital...
Munima Sultana | 2018-11-15 00:00:00
Bangladesh Railway (BR) has finally decided to construct a dedicated railway bridge with dual gauge rail track at Kalurghat in Chattogram city.It will replace the century-old rail bridge which has already become vulnerable to train movement, official sources said.Earlier, the...
Qian Liu in Beijing | 2018-11-15 00:00:00
The next economic crisis is closer than you think. But what you should really worry about is what comes after: in the current social, political, and technological landscape, a prolonged economic crisis, combined with rising income inequality, could well escalate...
Syful Islam | 2018-11-14 00:00:00
Bangladesh has formally proposed JICA fund five large infrastructure projects including two in Matarbari area under the 40th ODA loan package, officials said.The government of Japan provides ODA (official development assistance) loan to Bangladesh through Japan International Cooperation Agency (JICA).The...
Muhammad Abdul Mazid | 2018-11-14 00:00:00
The theme for World Diabetes Day 2018 and 2019 is 'The Family and Diabetes'. Diabetes can be expensive for the individual and family. In many countries, the cost of insulin injection and daily monitoring alone can consume half of a...
Siddique Islam | 2018-11-13 00:00:00
The central bank issued show-cause notices to 10 more banks on Monday for allegedly providing misleading information about the foreign exchange rate, particularly for importers."We've already sent the show-cause notices to the banks concerned," a senior official of the Bangladesh...
Rezaul Karim | 2018-11-13 00:00:00
The regulator has asked the Micro Finance Institutions (MFIs) to obtain its prior permission for procuring fixed assets through spending money from their accumulated surplus, sources saidThe Microcredit Regulatory Authority (MRA) imposed the restriction against the backdrop of alleged violation...
Abdul Bayes | 2018-11-13 00:00:00
Economics teaches that four factors of production-land, labour, capital and organisation-play important roles in the growth of agricultural or non-agricultural output. In fact, along with productivity, these are the main sources of growth. The share of each of these factors...
Sarwar Md. Saifullah Khaled | 2018-11-13 00:00:00
A business-as-usual approach to climate change can prove to be "disastrous" for Asia, said the Asian Development Bank (ADB) in a report published last year. The organisation dreaded that such an approach will undo much of the phenomenal economic growth...
John Lloyd | 2018-11-13 00:00:00
One of the major political messages of the US midterm elections has been that rural voters dominate the cities. While the Democrats made enough gains in urban areas to take control of the House of Representatives, Republicans were able to...
Munirul Nabin | 2018-11-12 12:00:00
Blockchain technology, also known as distributed ledger technology, is one of the ground breaking revolutionary technologies, which has been developed to keep record of informational data. In doing so, blockchain technology uses a mechanism based on cryptography that makes the...
Siddique Islam | 2018-11-12 00:00:00
Trade deficit reached nearly $4.0 billion in the first quarter (Q1) of the current fiscal year due mainly to higher import payments than lower export receipts.Officials said the gap in the country's trade with the rest of the world rose...
Shamsul Alam | 2018-11-12 00:00:00
Almost three years have passed since the Sustainable Development Goals (SDG) implementation period was initiated from January 01, 2016. Data for only two years are available for 70 out of 232 indicators, set by the United Nations (UN), making it...
Neil Ray | 2018-11-12 00:00:00
The arrival of Sophia, a talking humanoid robot in the city, caused quite a stir among the Dhakaites. Again the introduction of two robot waiters at a restaurant in Mohammadpur area was received by rapturous enthusiasm. Capable of displaying 50...
Shamsul Huq Zahid | 2018-11-12 00:00:00
China is celebrating the fifth anniversary of the Belt and Road Initiative (BRI), one of the most ambitious undertakings in human history. In 2013, the Chinese government, under President Xi Jinping, announced the grand scheme that aims at benefitting countries...
Klaus Schwab in Geneva | 2018-11-12 00:00:00
After World War II, the international community came together to build a shared future. Now, it must do so again. Owing to the slow and uneven recovery in the decade since the global financial crisis, a substantial part of society...
Rizwanul Islam | 2018-11-12 00:00:00
The experience of economic growth shows that it is associated with structural transformation of the economy, which gets reflected in the structure of output as well as employment. When one talks about growth and structural transformation of an economy like...
Selim Raihan | 2018-11-12 00:00:00
The ratio of youths who are neither in employment nor in education or training (NEET) in the youth population is called the youth 'NEET' rate. The NEET concept is associated with a wide range of vulnerabilities among youths, i.e. school...
Kazi Iqbal and Md. Nahid Ferdous Pabon | 2018-11-12 00:00:00
Growth in national income in developing countries across the world for the last two decades has, in general, been poverty-reducing. The negative relationship between growth and poverty is well established in the literature. However, to what extent does growth help...
Sadiq Ahmed, Zaidi Sattar and Khurshid Alam | 2018-11-12 00:00:00
Bangladesh has made major progress in development since independence, as reflected in rising per capita incomes, falling poverty rates and improving human development indicators. In particular, the gross domestic product (GDP) growth rate rose from less than 4.0 per cent...
Salehuddin Ahmed | 2018-11-12 00:00:00
Rural development has varied dimensions, orientations and approaches. It also varies from country to country and from time to time. Rural development is often defined as the overall balance and proportionate wellbeing of rural people. How it works and the...
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