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Oligopolistic solution in public transportation?

Asjadul Kibria | 2018-09-18 00:00:00

In a bid to contain the growing disorder of the public transport system in Dhaka, limiting the number of bus operators is seen as a critical step. While experts have been arguing for long to take a comprehensive measure in...

Water for cultivation: Pricing and adoption

Abdul Bayes | 2018-09-18 00:00:00

Average rainfall in Bangladesh is reported to be more than 2,000 mm per year with more than three-fourths occurring from June to September. Thus, excessive water logging in the rainy season and inadequate moisture in soil in the dry season...

Washington or "crazy town"?

M. Serajul Islam | 2018-09-18 00:00:00

In the major world capitals with the desire to lead the world, it must be bonanza time because of developments in Washington. The Chinese in their quest to overtake the US as the world's number one power could not have...

Decision to follow Japan’s proposal on MRT line-2

Munima Sultana | 2018-09-17 00:00:00

The government has decided to go for the Japanese government's proposal on the city's Mass Rapid Transit (MRT) line-2 under a public-private partnership (PPP) arrangement, not any other proposal, sources said.They said an inter-ministerial meeting recently discussed the issue of...

Robi set to transfer 20pc stake to edotco at $120m

Siddique Islam | 2018-09-17 00:00:00

Mobile operator Robi is set to offload its 20 per cent stake valued at US$120 million to edotco Bangladesh, a Malaysia-based telecommunications infrastructure services company.Bangladesh's second largest mobile phone operator has taken the latest initiative to facilitate edotco Bangladesh Co....

The rise of the ultra-wealthy

Neil Ray | 2018-09-17 00:00:00

The world saw a surge of the ultra-wealthy by 12.9 per cent in 2017 with their combined wealth gaining at the proportion of 16.3 per cent. This would have been a cause for global celebration but for quite a few...

After restructuring, now what?

Shamsul Huq Zahid | 2018-09-17 00:00:00

When the guidelines on loan restructuring were issued three years back, its issuer and relevant policymakers were, possibly, aware of the ultimate fate of the move. They knew the borrowers concerned were up to buy time through the loan restructuring...

Palestinian life stifled by occupation

Jan Egeland in Oslo, Norway | 2018-09-17 00:00:00

Twenty-five years ago, on September 03, 1993, I sat on the White House lawn to witness the landmark signing of the Oslo agreement between Israel and the Palestine Liberation Organisation (PLO). Diplomats around me gasped as Prime Minister Yitzhak Rabin...

Dowry abuse not going away anytime soon

Sarwar Md. Saifullah Khaled | 2018-09-16 00:00:00

The country is experiencing a significant number of dowry-related violent incidents. These incidents are outshining achievements that the nation has made on the women empowerment front. Dowry-related violence is prevalent despite various measures in place to get rid of dowry...

The global economy's fundamental weakness

Richard Kozul-Wright in Geneva | 2018-09-16 00:00:00

When Lehman Brothers declared bankruptcy ten years ago, it suddenly became unclear who owed what to whom, who couldn't pay their debts, and who would go down next. The result was that interbank credit markets froze, Wall Street panicked, and...

Working towards conquering autism

Muhammad Quamrul Islam | 2018-09-15 12:00:00

In the morning of September 8 we started from our residence at Uttara well ahead in order to reach in time the scheduled meeting at New DOHS, Mohakhali, Dhaka-1206. Luckily there was thin traffic which enabled us to enjoy the...

Caring for the homeless from river erosion at Naria

Nilratan Halder | 2018-09-15 12:00:00

Water Resource Minister Anwar Hossain has sounded philosophical when he almost echoed the immortal song, O nadire (Hey river) sung by Hemanta Mukhopadhya. The minister comments it is the order of Nature that one shore of a river will erode...

WB lists barriers that make long-term finance scarce

Syful Islam | 2018-09-15 00:00:00

The World Bank has identified five impediments to developing long-term finance in Bangladesh, officials said. The Washington-based lender has cited the weak points in a diagnostic report prepared under a joint capital market development programme. The report was submitted to...

Reinvigorating RCEP, implication for Bangladesh

Asjadul Kibria | 2018-09-15 00:00:00

The ministers of 16 Asia-Pacific countries in the last week of August agreed to reinvigorate the mega-trade deal titled Regional Comprehensive Economic Partnership (RCEP). They expressed their willingness to conclude some of the key elements of the prolonged negotiation by...

Corruption: Demonstration and bandwagon effects

Helal Uddin Ahmed | 2018-09-15 00:00:00

Transparency International Bangladesh (TIB) has been conducting National Household Survey (NHS) on corruption since 1997. The sectors covered in this research are related to the delivery of public services. These surveys have now become a biennial affair as the previous...

TCB in the doldrums for fund shortage, lack of workforce

Rezaul Karim | 2018-09-15 00:00:00

Trading Corporation of Bangladesh (TCB) has neither made any significant contribution to the public exchequer nor benefited the country's consumers over the years, opined experts.Rather, the state-run organisation has been getting a large amount of deficit financing, and devouring government...

Stocks keep losing as bank, telecom issues slump

Babul Barman | 2018-09-15 00:00:00

Stocks extended the losing streak for the two straight weeks that ended on Thursday as cautious investors continued their selling binge on large-cap stocks.Market insiders said investors booked profit, particularly on December year-ending stocks like bank, financial institutions and telecommunication,...

A legacy of British colonial policy

ABM Razaul Karim Faquire | 2018-09-15 00:00:00

The Rohingya are the inhabitants of Rakhine state (historically known as Arakan) in Myanmar. Arakan emerged a kingdom with the military and diplomatic assistance from the Bengal Sultanate in 1429. Being far off and detached from mainland Burma by the...

Breakthroughs by Bangalee scientists

Nilratan Halder | 2018-09-14 00:00:00

It is time the long-held notion that the Bangalees are back benchers when it comes to scientific and technological breakthroughs were changed. After two Boses -Jagadish Chandra Bose and Satyendranath Bose -hardly any Bangalee has done any pioneering work of...

The nouveau riche of Bangladesh

Hasnat Abdul Hye | 2018-09-14 00:00:00

That the rich in Bangladesh as a class is getting richer has been part of the conventional wisdom. No chapter and verses have to be quoted or numbers have to be rolled out to substantiate this common perception. Given the...

Learners consider debating helpful for professional life

Al Faruque Ratul | 2018-09-13 00:00:00

Today, having a high CGPA after four years of under-graduation is no longer enough to guarantee success. Each university graduate is expected to be an excellent presenter, a good programmer, even better video editor and the list goes on. British...

Power sector needs big financial push

Md. Julker Naim and Md. Hossain Al Gazzali | 2018-09-13 00:00:00

In order to meet the increasing demand for power, the Bangladesh government is giving more emphasis towards increasing power generation. The government understands that in order to accomplish its aim of making Bangladesh a developed nation by 2041, it needs...

A fragmented multilateralism?

Kemal Dervis in Washington, DC | 2018-09-13 00:00:00

Amid ongoing attacks by US President Donald Trump, the battle for the future of multilateralism has commenced. Previous demands for pragmatic reforms have escalated into pressure for the wholesale transformation - or even total destruction - of the global framework...

Japan to assess funding scope for five large infrastructure projects

Syful Islam | 2018-09-12 00:00:00

Japan is set to field a fact-finding mission to assess whether it will extend loans to five large infrastructure projects in Bangladesh, officials said.The objective of the mission is to verify and consolidate necessary data or information, review the current...

Most banks renege on promises despite availing benefits

Siddique Islam | 2018-09-12 00:00:00

The majority of the banks have not brought down the lending rate to single digits despite availing both policy and fiscal supports offered by the government. More than three dozen banks did not re-fix their rates on lending at 9.0...

Climate change: Access to cooling

Sarwar Md. Saifullah Khaled | 2018-09-12 00:00:00

The Sustainable Energy for All (SEforALL), a global initiative launched by former UN Secretary-General Ban Ki-moon September 2011 and based in Vienna and Washington, released its first-ever report in July last. Titled, Chilling Prospects: Providing Sustainable Cooling for All, report...

The real problem with free trade

Jayati Ghosh in New Delhi | 2018-09-12 00:00:00

For most critics of globalisation, trade is the villain, responsible for deepening inequality and rising economic insecurity among workers. This is the logic driving support for US President Donald Trump's escalating tariffs. Why, then, does the message resonate far beyond...

Body formed to work on Annisul's proposal on city bus service

Munima Sultana | 2018-09-11 00:00:00

The government has constituted a 10-member committee, headed by Dhaka South City Corporation mayor Sayeed Khohan, to work on the introduction of a bus operating system under a limited number of companies in Dhaka city.Late Dhaka North City Corporation mayor...

NPLs soar by over 20pc

Siddique Islam | 2018-09-11 00:00:00

Despite close monitoring by the central bank, the amount of non-performing loans (NPLs) jumped by over 20 per cent or Tk 150.37 billion at the end of June this year from December last year.The volume of NPLs rose to Tk...

The missing link of refugee response

Filippo Grandi in Geneva | 2018-09-11 00:00:00

In early July, I travelled to the Kutupalong refugee settlement in Bangladesh, which is now host to hundreds of thousands of Rohingya who have fled horrific violence in Myanmar. With the monsoon rains hammering on the roof, I watched girls...