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China\'s \'circle of friends\' enlarged in 2016: FM

Wu Qimin, Wu Lejun and Zhao Cheng | 2017-01-01 00:00:00

Despite of a turbulent international environment, China, by comprehensively advancing a major-country diplomacy with Chinese characteristics, has become a stabilizer of world peace, said Chinese Foreign Minister Wang Yi when summing up the nation's diplomatic work in 2016. Under the...

The challenge of economic inclusion

Christine Lagarde in Washington, DC | 2017-01-01 00:00:00

In 2016, the world's attention was focused on major political developments in the European Union (EU), the United States, and other countries, where voters have expressed deeply held concerns about trade, migration, and structural labour-market changes. But, from an economic...

Petrobangla’s ‘no’ to Tk 10b loan

Rezaul Karim | 2016-12-31 00:00:00

The state-owned Petrobangla has declined to receive a loan of Tk 10 billion (1,000 crore) the government sanctioned for settling a part of its outstanding dues with the revenue authority. Instead, the Bangladesh Minerals, Oil and Gas Corporation (BMOGC), also...

DCMCH: A name built in community healthcare

Mozharul Islam Babla | 2016-12-31 00:00:00

Dhaka Community Medical College & Hospital has become a common household name among a large number of patients in Dhaka city due to its quality services provided at a very affordable cost. Medical treatment is simply a business now as...

Why story matters in critical pedagogy

Pamelia Khaled | 2016-12-31 00:00:00

Story matters! Why story matters? Because, it offers imagination, ideas and a deep insight, and assists a child to be creative. Gandhi believed: "a proper and all-round development of the mind...can take place, only when it proceeds with the education...

Building on achievements of 2016

Nilratan Halder | 2016-12-31 00:00:00

So, it is time to say good-bye to the year 2016 and welcome the year 2017. Time is fleeting but the concept of mahakal as propounded by oriental saints carries far deeper meaning than aeon. It is not what eternity...

The question of minority in a majoritarian democracy

Sultan Mohammed Zakaria | 2016-12-31 00:00:00

Reacting to a social media post on October 31, 2016, miscreants with alleged political connection attacked Hindu temples and homes in Nasirnagar, Brahmanbaria, setting at least a hundred homes and five temples on fire.  About a month later, on November...

Digital banking: The journey ahead

Shariful Islam Bhuiyan | 2016-12-31 00:00:00

Digitalisation is not merely online banking, internet banking, mobile banking or paperless banking. Digital banking is the application of new technology to transform existing business model to a new business model which will itself produce new customer base, unveil new...

DITF kicks off Sunday

Talha Bin Habib | 2016-12-30 00:00:00

Dhaka International Trade Fair (DITF) 2017 will kick off on Sunday (January 01) with at least 20 countries taking part in the annual event. A total of 22 countries participated in DITF 2016. After visiting the fair venue on Thursday,...

Airport to Savar EPZ expressway \'feasible\'

Munima Sultana | 2016-12-30 00:00:00

 A feasibility study has suggested installation of Dhaka-Ashulia elevated expressway from the international airport to Savar EPZ to reduce both its length and cost.  The study, submitted to the Bangladesh Bridge Authority (BBA), however, recommended construction of the existing road...

The coming short-termism

Kemal Dervis in Washington, DC | 2016-12-30 00:00:00

The inauguration of Donald Trump as US president on January 20 could bring more short-term thinking to economic policymaking in the United States and around the world. If it does, we can expect to see increased tension between official measures...

When growth is the game

Abdul Bayes | 2016-12-30 00:00:00

The incidence of income poverty is being discussed from different angles. The conclusion is that (a) poverty level declined between 1988 and 2014, and (b) income poverty has also dropped during this period. This has been established by quantitative as...

Drug all set to defeat development

Nilratan Halder | 2016-12-30 00:00:00

Indisputably, the country's journey on the road to development, particularly in terms of socio-economic achievements, has been quite notable. A drastic decline in poverty is a major achievement. The percentage of people living below the poverty line with less than...

NBR to digitise data of offline individual tax returns by Mar 31

Doulot Akter Mala | 2016-12-29 00:00:00

The income tax (IT) wing under the National Board of Revenue (NBR) has decided to include all off-line tax return data of the individual taxpayers for the tax year 2016-17 in the online system as part of automating the country's...

Govt to introduce tourism-friendly system for Ratargul swamp forest

Iqbal Siddiquee | 2016-12-29 00:00:00

SYLHET, Dec 28: The government is set to introduce a joint management system in the country's lone swamp forest 'Ratargul' in Sylhet for its proper maintenance through new initiatives and locals' participation. "We have already formed two committees for the...

Understanding employee psychology in HRM

Nabila Tabassum Haque | 2016-12-29 00:00:00

According to a study conducted by Global HR Research, 80% of the employee turnover takes place due to bad hiring decisions. A bad hire creates unhealthy work environment in an organisation. There is no data or research conducted in Bangladesh...

Patron-client relationships in rural Bangladesh

Helal Uddin Ahmed | 2016-12-29 00:00:00

Bangladesh is predominantly a rural society. The latest figures of 2015 showed that rural population constituted about 70 per cent of the total population in the country and the number of villages exceeded 87 thousand. It is therefore natural that...

Taxation practices in the SAARC region

Muhammad Abdul Mazid | 2016-12-29 00:00:00

South Asia, in general, and almost all members of SAARC countries in particular have a common legacy of perceptions and practices of taxation. Having common laws and regulations, mostly carried forward from the British colonial days, these countries are moving...

Combating terrorism: We are all in the same boat

Abu Afsarul Haider | 2016-12-29 00:00:00

When Bangladesh was still mourning over the terror attack at the Holey Artisan Bakery restaurant on July 01, 2016 that left 29 people dead, including 20 hostages (18 foreigners and 2 locals), two police officers, two bakery staff and five...

RMG: Lessons from Savar unrest

Asjadul Kibria | 2016-12-29 00:00:00

The latest incident of unrest at the garment factories in Savar and the adjoining areas due to demand for wage adjustment again reflects the mishandling of the labour issue, especially by the factory owners. While the garment factory owners and...

Taka appreciates vs US dollar by 10 paisa

Siddique Islam | 2016-12-28 00:00:00

The local currency Taka appreciated by 10 paisa against US dollar on Tuesday in a single day after two months in the inter-bank foreign exchange (forex) market. The US dollar was quoted at Tk 78.70-Tk 78.80 against Tk 78.80 of...

Int’l bodies to return, renew 395 passbooks by January

Doulot Akter Mala | 2016-12-28 00:00:00

Some 26 development partners and international organisations have to return or renew 395 passbooks, used by their foreign officials for importing cars and other goods under duty-free facility. Customs officials suspect that those cars have been sold out illegally by...

Is it plunder wholesale?

Shamsul Huq Zahid | 2016-12-28 00:00:00

Eight months back, a report that revealed how a contractor had used bamboo sticks instead of mild steel rods in a government building at Darshana land port came as both a shock and a surprise to many, including the policymakers....

Obama\'s parting shot at Netanyahu

M. Serajul Islam | 2016-12-28 00:00:00

The UN Security Council adopted a historic resolution last Friday, December 23.   It was on the illegal Israeli settlements on occupied Palestine territories during the 1967 Arab-Israeli War. The UN Security Council passed the resolution that was drafted by Egypt...

Yes, you are allowed to cry, men!

Mehnaaz Pervin Tuli | 2016-12-28 00:00:00

Who has taught the boys not to cry, not to show strong emotions? Don't you think that it hurts to repress strong emotions or feelings repeatedly? If you teach them to be strong and show less emotion publicly, then you...

Addressing the extreme poor

Md. Hasan Khaled | 2016-12-28 00:00:00

High level poverty is a major economic challenge before a developing country like Bangladesh. A large population, low level of literacy, high unemployment rate, resource constraint, inadequate infrastructure and frequent natural disasters are the main reasons behind poverty in Bangladesh....

0.1m hectares of farm lands convert into non-agricultural lands annually

Talha Bin Habib | 2016-12-27 00:00:00

Around 0.1 million hectares of agricultural lands are converted into non-agricultural lands annually, posing threat to the country's food security. If the present trend in shrinking of agricultural land goes on, the country will have no agricultural land within 70...

BB possesses Rs 500m in demonetised notes

Syful Islam | 2016-12-27 00:00:00

The Bangladesh Bank (BB) has in its vault around Rs. 500 million in Indian demonetised currency notes of Rs 500 and Rs 1,000. The BB now plans to encash the notes through Soanli Bank's Kolkata branch, officials said. The government...

Subways project faces setback

Munima Sultana | 2016-12-27 00:00:00

The proposed project to construct four subways in the city has faced a setback as it was not cleared by the authorities concerned due to overlapping with the metro rail projects approved recently. Dhaka Transport Coordination Authority (DTCA) did not...

The crisis of market fundamentalism

Anatole Kaletsky in London | 2016-12-27 00:00:00

The biggest political surprise of 2016 was that everyone was so surprised. I certainly had no excuse to be caught unawares: soon after the 2008 crisis, I wrote a book suggesting that a collapse of confidence in political institutions would...