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Penalties missed were the stories

Maswood Alam Khan | 2018-06-27 00:00:00

URUGUAY VERSUS RUSSIA: Never, most of us fancied, it was easy to beat Russia, especially after the host country have won their first two games with relative ease. Thanks mainly to home pitch advantages we were right that Russia would...

DNCRP to monitor prices of computers from next month

Talha Bin Habib | 2018-06-26 00:00:00

The government is set to monitor the prices of computers and related accessories from next month, aiming to bring discipline to this sector, official said. The Directorate of National Consumer Rights Protection (DNCRP) and the Bangladesh Computer Samity (BCS) will...

Fund raising by cos through rights shares drops 62pc

Babul Barman | 2018-06-26 00:00:00

Funds raised by listed companies through issuance of rights fell sharply by 62 per cent in the outgoing Fiscal Year (FY) 2017-18 compared to the previous FY.Three listed firms netted about Tk 3.93 billion, including premium of Tk 622 million,...

State-run sugar mills suffer Tk 14.04b loss

Rezaul Karim | 2018-06-26 00:00:00

State-owned sugar mills have suffered a loss of Tk 14.04 billion for selling sugar at prices less than its production costs, officials said."The cash-strapped sugar mills are still struggling to meet their regular expenses," an official told the FE on...

B'desh may face over 40pc tariff: UNCTAD

Asjadul Kibria | 2018-06-26 00:00:00

Bangladeshi exporters may face an average tariff of over 40 per cent in case a full-scale trade war intensifies.The United States (US) president, Donald Trump, has threatened a trade war and already levied increased tariffs on the products of certain...

Colombian heft, Panamanian joy in defeat, Japanese magic

Maswood Alam Khan | 2018-06-26 00:00:00

Colombia, known as "The land of a thousand rhythms", is famously passionate about celebrating their victories. Their football players and fans get very emotional and are quick to show their colours whenever their national anthem plays aloud in the stadium...

Forex trading: The curious case of ‘Yen’ as a major currency

Sk. Shamim Iqbal | 2018-06-26 00:00:00

The foreign exchange market is vast, complicated and ruthlessly competitive all over the world, including Bangladesh. Although our forex market is not strong enough, the commercial banks (authorised dealer branches), trading houses and funds still dominate the market and are...

Rural finance - inclusivity still a concern

Abdul Bayes | 2018-06-26 00:00:00

The rural credit market in has seen a sea-change with the passage of time. This relates to both quality and quantity of services provided. The incremental presence of the formal sources of credit, comprising banks and non-governmental organisations (NGOs), is...

A marvellous football night

Maswood Alam Khan | 2018-06-25 12:00:00

We failed to blink back tears of joy and surprise. It was the first, the finest and the fiercest football the world watched last night between Germany and Sweden. Heads of about 3.2 billion people, almost half of the world's...

Philippines again seeks probe report

Syful Islam | 2018-06-25 00:00:00

The Philippines government has again requested Bangladesh to forward an investigation report on reserve heist from the Bangladesh Bank's account at the New York Fed, finance ministry sources said.The request came as they said an investigation report is necessary to...

RHD working on new mass transit plan after WB funding pledge

Munima Sultana | 2018-06-25 00:00:00

State-run Roads and Highways Department (RHD) has moved to launch another project to establish a bus-based mass transit system from airport to the Mohakhali bus terminal.The department is going ahead with the plan after getting funding assurances from the World...

China eyes long-term benefit from DSE

Ismail Hossain, from Beijing | 2018-06-25 00:00:00

The China consortium faces no pressure for immediate return from their investment in Dhaka Stock Exchange (DSE), a top official of Shenzhen Stock Exchange said.The consortium of Shenzhen-Shanghai bourses has recently acquired a 25 per cent share of the DSE.They...

Is the global economy in a corporate-debt bubble?

Susan Lund in Washington, DC | 2018-06-25 00:00:00

Is growing corporate debt a bubble waiting to burst? In the ten years since the global financial crisis, the debt held by nonfinancial corporations has grown by $29 trillion - almost as much as government debt - according to new...

EU funds giant research project on migration

Bibiana Piene in Oslo | 2018-06-25 00:00:00

What is the relationship between migration and development? And why do people choose to leave or stay in their home countries? Those are among the questions an international research project will explore.The project, estimated to cost about 5.0 million euros,...

Problems lie with the authorities concerned

Neil Ray | 2018-06-25 00:00:00

Post-Eid Dhaka city is a commuter's delight. No tailbacks on the nearly empty roads. Reaching places timely is no more challenging. Contrast this with the news carried in a Bangla contemporary, contending that by 2025 the average speed of vehicles...

Back home, tortured and abused

Shamsul Huq Zahid | 2018-06-25 00:00:00

What do you call it--- ignorance or desperation? The question relates to the outflow of female Bangladesh workers to the Kingdom of Saudi Arabia (KSA) and the return of a good number of them from that country because of workplace...

Why markets and political scientists disagree on the G7

Mohamed A. El-Erian in Washington, DC | 2018-06-25 00:00:00

To say that this month's summit of G7 leaders in Canada was an unusual one would be an understatement. A traditionally friendly and predictable gathering of like-minded countries was marred by finger-pointing and disagreement, resulting in an inability to achieve...

Seismic events in the football world war

Maswood Alam Khan | 2018-06-24 00:00:00

ARGENTINA VERSUS CROATIA: Crushing hearts of millions of supporters around the world Argentina unbelievably crumbled against Croatia by 3-0 on Thursday. The humiliating defeat left fans in the stadium and those before their television sets simply paralytic. People switched off...

Macroeconomy and budgets - from FY10 to FY19

Masih Malik Chowdhury | 2018-06-24 00:00:00

It is said that investments can expedite the growth of any economy. However, pragmatic and prudent management of budgets can consolidate such growth in an efficient manner. Again, good governance of the macro-economy will yield still better results for the...

Nationalism will go bankrupt

Anatole Kaletsky in Rome | 2018-06-24 00:00:00

Nationalism versus globalism, not populism versus elitism, appears to be this decade's defining political conflict. Almost wherever we look - at the United States or Italy or Germany or Britain, not to mention China, Russia, and India - an upsurge...

Far East Knitting sees steady growth in last five years

Mohammad Mufazzal | 2018-06-24 00:00:00

Far East Knitting & Dyeing Industries (FEKDI) exhibited a steady growth in sales revenue and net profit during last five financial years (FY) from 2012-13 to 2016-17.The company's earnings per share (EPS), however, declined for January-March, 2018 quarter compared to...

Trump's U-turn on child separation policy

Kamal Uddin Ahmed | 2018-06-23 12:00:00

President Trump briskly retreated from his earlier stance on his controversial "zero-tolerance" immigration policy on June 20. He signed an executive order to retain the asylum-seeker parents and children together at the migrant detention centres until their legal cases are...

Saving their childhood

Sarwar Md. Saifullah Khaled | 2018-06-23 00:00:00

If a nation forces its children to be workers, its future is bleak as children are in fact the future of a nation. Keeping this maxim in view the International Labour Organisation (ILO) has banned child labour across the countries...

The economy of the World Cup

Andrew Zimbalist in Northampton, Massachusetts, USA | 2018-06-23 00:00:00

Whom would you trust more, Russian President Vladimir Putin or Chicago Mayor Rahm Emanuel? Whereas Putin is reveling in the attention that Russia is receiving as host of the 2018 World Cup, Emanuel has informed the US Soccer Federation and...

Streamlining the banking sector

Abdul Bayes | 2018-06-23 00:00:00

The banking sector in Bangladesh - the lifeline of the economy - got a jolt in recent months. The root relates to the scams in Sonali and BASIC banks. The sector is apparently passing through a phase of swings in...

High growth rate yet to attract enough FDI

Asjadul Kibria | 2018-06-23 00:00:00

Despite performing reasonably well in different economic indicators, the country still lags behind in a few critical areas like foreign direct investment (FDI). The inflow of FDI in the country is quite low and yet to reach 2.0 per cent...

Aligning fiscal year with climate cycle

Helal Uddin Ahmed | 2018-06-23 00:00:00

As is well-known, the period referred to by the governments worldwide for accounting and budgeting purposes is called fiscal, financial or budget year. It is the accounting year of a government and is used for budgeting, keeping accounts and maintaining...

Central bank asks NBFIs to rationalise deposit rates

Siddique Islam | 2018-06-22 00:00:00

The central bank has asked the non-banking financial institutions (NBFIs) to fix the interest rates on deposits at reasonable level for ensuring stability in the country's financial sector.The advice came at an unscheduled meeting with chief executives of 11 NBFIs...

BAB decision and interest-rate dilemma

Shamsul Huq Zahid | 2018-06-22 00:00:00

It was not long ago when banks had brought down interest rates on both lending and deposits. None coerced the banks to go for it. They did it at the dictates of the market. The situation is entirely different now....

A tale of two cities

Nilratan Halder | 2018-06-22 00:00:00

Two cities -one, the capital of Bangladesh and the other, the capital of West Bengal, India -have similarities in many ways. Dissimilarities between the two are striking too. Where the similarities end and dissimilarities begin is only pronounced to discerning...