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ASEAN partnership getting bigger

Kamal Uddin Ahmed | 2019-11-13 00:00:00

Malaysian Prime Minister Mahathir Mohamad and Singaporean Prime Minister Lee Hsien Loong stole the limelight at the 35th Summit of the Association of South East Asian Nations (ASEAN). Both of them emphasised that ASEAN members should speak with "one voice"...

Socialist agenda in British and US election campaigns

Hasnat Abdul Hye | 2019-11-13 00:00:00

For the first time, socialist programmes have figured prominently in election campaigns of America and Britain almost simultaneously, in recent weeks. The snap election called by British Prime Minister Boris Johnson will take place on 12 December, giving candidates barely...

Fine-tuning the exchange rate

Syed Ashraf Ali | 2019-11-13 00:00:00

THE big picture: Bangladesh has maintained a phenomenal economic growth leading to a quantum jump of its GDP from $102.50 billion in 2009 to an estimated $317.47 billion in 2019 coinciding with the tenure of the present government. It translates...

Has employment growth through labour-intensive industrialisation become history?

Rizwanul Islam | 2019-11-13 00:00:00

Despite steady economic growth for about two decades and an acceleration in growth in recent years, the economy of Bangladesh still exhibits characteristics of dual economies, viz., the existence of a traditional segment where there is surplus labour and of...

Promise and potential perils of 4th Industrial Revolution

Masum Billah | 2019-11-13 00:00:00

The world stands on the cusp of the Fourth Industrial Revolution, different from thre previous three. It talks about exponential changes due to adoption of cyber-physical systems, and Internet of things and systems. This revolution is expected to impact all...

Role of disruptive technology in preventing violent extremism

Sajid Amit & Lumbini Barua | 2019-11-13 00:00:00

For many Bangladeshis, the spectre of terrorism appeared to be a remote phenomenon until it hit close to home, with the Holey Artisan Bakery (HAB) Attack of July 2016. It was the first instance of a large-scale, highly coordinated and...

Nobel Prize in Economic Sciences and randomised controlled trials

Asad Islam | 2019-11-13 00:00:00

The Nobel Prize in Economic Sciences for 2019 went to three development economists - Abhijit Banerjee, Esther Duflo and Michael Kremer - for their contribution to spreading use of randomised controlled trials (RCTs) to understand poverty in developing countries. In...

Geo-economics and economic security

Salehuddin Ahmed | 2019-11-13 00:00:00

The concept of national security was mostly developed in the US after the World War II. Its initial focus on military might now encompasses a broad range of issues such as economic security, energy security, environment security and non-traditional security...

The Chinese Miracle

Helal Uddin Ahmed | 2019-11-13 00:00:00

Seventy years ago, the People's Republic of China (PRC) was facing difficulty in even feeding its huge population following her emergence in 1949 under the Communist Party leadership led by Mao Zedong. Her main products at that time were minerals,...

Reducing gender gap in financial inclusion

Pial Islam | 2019-11-13 00:00:00

Anowara Begum, 35, is an employee of the local government in her rural community. She occasionally uses Mobile Financial Services (MFS) to send money to her relatives. However, she relies on her teenage son for MFS transactions. Although Anowara understands...

On choosing the right PhD programme

Syed Basher and Salim Rashid | 2019-11-13 00:00:00

Over the course of our professional academic careers, we have had the opportunity to evaluate two streams of academicians and researchers with PhDs. One stream obtained their PhD under a "course-based" system, while the other stream is based on a...

Dismantling barriers to investment

Doulot Akter Mala | 2019-11-13 00:00:00

The recent improvement of Bangladesh's doing business ranking in the World Bank (WB) index is, certainly, positive news for the country's investors. Bangladesh has progressed eight notches up. It would give a green signal to the potential investors. The country's...

Can Bangladesh be complacent?

Mirza Azizul Islam | 2019-11-13 00:00:00

Bangladesh has received considerable praise from the international community for its commendable success in accelerating growth of gross domestic product (GDP). However, development is a multi-dimensional concept. It encompasses, in addition to GDP growth, equitable income distribution, poverty alleviation, human...

The new anti-capitalism

Harold James in Princeton, New Jersey, USA | 2019-11-12 12:00:00

We are currently living through the most dramatic technological and economic transformation in the history of mankind. We are also witnessing declining support for capitalism around the world. Are these two trends connected, and if so, how?It is tempting to...

NBR amends electronic seal and lock rules

Doulot Akter Mala | 2019-11-12 00:00:00

National Board of Revenue (NBR) has amended the 'electronic seal and lock rules' to widen its coverage for transportation of export-import goods at all customs houses.With the amendments, the rules will be applicable for all containers, cargoes, covered vans, trucks,...

China's top co to help develop BD's financial market base

Babul Barman, back from Shenzhen, China | 2019-11-12 00:00:00

Kingdom Technology, a leading financial technology provider in China, showed keen interest to develop Bangladesh's financial market infrastructures in collaboration with local firms. "We like to enter Bangladesh very soon for providing technological support for financial sectors like capital market...

Cry for coordination to sensitise public

MUNIMA SULTANA | 2019-11-12 00:00:00

Some agencies are making people aware of the Road Transport Act (RTA) now in force, but two city corporations and Rajdhani Unnayan Kartripakkha (Rajuk) are still in inertia.For a lack of coordination, sources said, Rajuk and the city authorities look...

Addiction to video game

Neil Ray | 2019-11-12 00:00:00

China is the first country to have slapped a ban on online video game in order to check children's and youngsters' rising addiction to this particular type of entertainment. More than 14 per cent of the 33 million children under...

Hike in cost of production

Mohammad Mufazzal | 2019-11-10 12:00:00

The listed local cement manufacturing companies performed mixed for the fiscal year 2019 as the 'profit margin' of the industry declined.The manufacturers said the profit margin dropped mainly because of the hike in cost of production.Of five local cement companies,...

The first book illustrating life and works of Muhammad (s.)

Asjadul Kibria | 2019-11-09 12:00:00

Sirat Rasul Allah (s) The first detailed biography of the Great ProphetAuthor: Muhammad Ibn IshaqTranslation: Alfred Guillaume(From Arabic to English) Translation: Shahid Akhand(From English to Bengali) Cover: Masuk HelalPublisher: Prothoma, Dhaka (2017) Page: 732 Price: Tk 1500 Thousands of biographies...

Rampant tax evasion in ports

REZAUL KARIM | 2019-11-09 00:00:00

The anti-graft watchdog has advocated cent per cent physical verification of containerised goods amid rampant tax evasion in top seaports, officials said.But multiple consignees said such one-to-one inspection would impact goods movement to and from Bangladesh as doing the job...

Govt to take new steps to develop river routes

TALHA BIN HABIB | 2019-11-09 00:00:00

The government will take new measures to develop the river routes to further facilitate passenger and goods transportation services in the country's southern region.Under the move, the Ministry of Shipping (MoS) in a meeting last week decided to initiate some...

Overpowering motherly instinct

Neil Ray | 2019-11-09 00:00:00

A truck driver in Kerala has sought legal aid from the local police station. You know why and against whom? His adversary is not a man but a crow. The flying foe has made a hell of life for him....

E-commerce and belief-based business

Muhammad Abdul Mazid | 2019-11-09 00:00:00

E-commerce is no more a new fundamental business paradigm that nay go against the traditional business paradigm. It has emerged from convergence of several major information technologies and business practices.The world business and commerce industry has been transformed into e-commerce...

OPINION

Asjadul Kibria | 2019-11-09 00:00:00

More than a year ago, the Road Transport Act, 2018 was passed in parliament. Now it has formally come into effect. Hefty financial penalty or fine for violating traffic rules is the main characteristic of the new law. The amount...

Blue Revolution in Bangladesh

Abdul Bayes | 2019-11-09 00:00:00

"The fish in the water is silent, the animals on the earth are noisy, the bird in the air is singing. But man has in him the silence of the sea, the noise of the earth and the music of...

Shenzhen, Dhaka bourses’ joint index by Dec

Babul Barman, from Shenzhen, China | 2019-11-08 12:00:00

The Shenzhen Stock Exchange (SZSE) will launch a joint index in cooperation with the Dhaka Stock Exchange (DSE), comprising well performing companies, by the end of this year to increase Chinese investment in the capital market of Bangladesh. "We have...

CRR, SLR for offshore banks

SIDDIQUE ISLAM | 2019-11-08 00:00:00

Top executives of the private banks have urged the central bank to relax cash reserve ratio and statutory liquidity ratio requirements only for their offshore banking operations. Currently, the banks are obliged to maintain 13 per cent of their total...

Malaysia eyes 1.5m overseas patients in 2020

KAMRUN NAHAR BACK FROM KUALA LUMPUR | 2019-11-08 00:00:00

With a target of attracting 1.5 million patients in 2020, Malaysian government launched 'Malaysia Year of Healthcare Travel 2020 or MyHT2020' in tandem with the country's tourism campaign 'Visit Malaysia 2020 (VM2020)'. Last year (2018) the number of international healthcare...

OPINION

Shamsul Huq Zahid | 2019-11-08 00:00:00

It is nothing surprising that more than 40 per cent of the country's 80 million old-age people do not receive any kind of pension benefit. In fact, relevant statistics, presented at a seminar organised by the Centre for Policy Dialogue...