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Trade in a growing protectionist era

Sarwar Md Saifullah Khaled | 2016-12-11 00:00:00

The most high-profile example of protectionist sentiments in recent times led by the US has been the trans-Pacific deal. However, as things look now, it is as good as dead after the election victory of Donald Trump in November 2016.   ...

BR moving slow on progress-track

Munima Sultana | 2016-12-10 00:00:00

The Bangladesh Railway (BR) could not make the desired-level of progress despite a 60 per cent yearly investment increase during the last seven years, experts said. According to official record, 70 per cent of some Tk 250-billion allocation during the...

Sales of winter clothes rising as mercury heads downward

Mohammad Wazed Ali | 2016-12-10 00:00:00

Sales of winter clothes have been on rise in different city markets including footpath-based floating shops with gradual fall in mercury, shoppers have said. According to them, sales of winter clothes such as sweaters, jackets, coats, jersey, Sleeve T-Shirts, blankets,...

Domestic investment dull, foreign rather upbeat

Syful Islam | 2016-12-10 00:00:00

The registration of domestic investment proposals continues to be sluggish though foreign and joint-venture proposals show a substantial rise. The development according to officials and some trade body leaders, belies the anticipated slowdown after the deadly Gulshan café attack. Bangladesh...

Dredging gives Titas new lease of life

Adnan Hossain Bhuiyan, Back from Comilla | 2016-12-10 00:00:00

Titas Upazila in Comilla district nowadays witnesses uninterrupted movement of water vessels in the Titas and normal operation of the irrigation network in the immediate vicinity following dredging of a channel of the river under a project undertaken by the...

Slovenia wants to extend co-op in beekeeping, honey cultivation

Ismail Hossain | 2016-12-10 00:00:00

Slovenia wants to extend cooperation in the areas of climate change, trade, agricultural technology and knowledge sharing, especially beekeeping and honey cultivation. During a recent visit to Bangladesh, a 13-member Slovenian delegation has also shown interest to boost trade and...

Chinese entrepreneurs may invest in BD pharma sector

Talha Bin Habib | 2016-12-10 00:00:00

The Chinese entrepreneurs have expressed their interest to invest in pharmaceutical sector considering its potential and existing investment-friendly climate in Bangladesh, said a top business leader of the country. "The Chinese entrepreneurs see Bangladesh as a country for investment. They...

Stocks keep winning streak for six straight weeks

Babul Barman | 2016-12-10 00:00:00

Stocks witnessed yet another bullish week that ended on Thursday, with key index of the premier bourse hitting 23 months' high amid growing confidence of investors. Analysts said the market maintained the upbeat trend for the six consecutive weeks as...

Sartorial elegance vs branding

Nilratan Halder | 2016-12-10 00:00:00

Since when have Bangladesh farmers, fishermen, labourers of varying types started wearing trousers instead of lungi or loin clothes? It is difficult to keep count. But it can safely be assumed that it has a strong relation to costs. Readymade...

Success of Bangladesh\'s \"Green Factories\" in RMG sector

Nabil Azam Dewan | 2016-12-10 00:00:00

Bangladesh should rejoice at the news that seven industrial units of the country have ranked among the top 10 on a list of the world's 25 most environment-friendly factories. Until recently, Bangladesh's readymade garment (RMG) sector had been highly criticised...

PMO for expediting move to turn PKB into scheduled bank

Syful Islam | 2016-12-09 00:00:00

In the face of declining remittance inflow, the Prime Minister's Office (PMO) has asked the authorities concerned to expedite the process of turning Probashi Kallyan Bank (PKB) into a scheduled bank. This is a strategy to widen formal channels and...

83pc rise in capital machinery imports

Siddique Islam | 2016-12-09 00:00:00

The country's overall imports grew by 14.75 per cent in the first four months of the current fiscal year (FY), thanks to a jump by nearly 83 per cent in import of capital machinery, officials said. "The overall imports increased...

The future of migration governance

Md. Shahidul Haque | 2016-12-09 00:00:00

We live in a rapidly evolving, hyper-connected world, where goods, capital, and people are more mobile than ever before. But, whereas countries have shown a willingness to cooperate on exchanging goods and capital, the international community has shown little appetite...

Women\'s leadership in politics, development

S. M. Rayhanul Islam | 2016-12-09 00:00:00

Women's leadership role in political spheres as well as development activities remains a serious concern worldwide. Recognition of the importance of women's effective participation and representation in democratic processes has been widely acknowledged, and also that genuine democratic elections must...

Let justice be done in paracetamol case

Nilratan Halder | 2016-12-09 00:00:00

The furore over the acquittal of the accused in the Rid Pharma paracetamol syrup case is not for nothing. It is not the 'not guilty' verdict that is in question. In fact the flaws left rather deliberately by the investigating...

Competition Commission: Emerging challenges

Asjadul Kibria | 2016-12-09 00:00:00

As the world commemorated the World Competition Day on December 05, 2016, it is critical to note that four years after the enactment of the Competition Act-2012, the country has finally got its implementing agency, the Competition Commission. A chairman...

How to start a start-up

Naimul Kader | 2016-12-08 00:00:00

Start-ups are very different from regular companies. For a profitable start-up, one would need to have the centre of attention on four areas-- a great idea, a great product, an excellent team and a wonderful execution. One may fail as...

Govt ill-prepared to exact revenue gains

Doulot Akter Mala | 2016-12-08 00:00:00

The revenue department looks ill-prepared to exact due gains from the merger, acquisition (M&A) and sale of shares by foreign companies.        Senior tax officials admitted such a shortcoming and the urgency of equipping the tax department with adequate skilled manpower...

Tax receipts from DSE down 11pc in Jul-Nov

Babul Barman | 2016-12-08 00:00:00

The government revenue earnings from the premier bourse fell 11 per cent year-on-year in the first five months of the current fiscal year (FY) on the back of falling trade volumes. Market insiders said on the back of falling trade...

Reform -- key to double-digit growth

Sarwar Md Saifullah Khaled | 2016-12-08 00:00:00

Bangladesh Investment Development Authority (BIDA) maintains that reforms in several areas of the economy are necessary for achieving double-digit growth. The BIDA told the Business Initiative Leading Development (BUILD) on November 22, 2016 that identifying what is bad in order...

The win-win fantasy of liberal democracy

Kemal Dervis | 2016-12-08 00:00:00

Few analysts expected Britons to vote to exit the European Union (EU) or Americans to choose Donald Trump as their next president. Yet it did not take long for a consensus explanation of these miscalculations to emerge. When it comes...

Massive investment in infrastructure needed to end poverty

Muhammad Abdul Mazid | 2016-12-08 00:00:00

On September 25, 2015, the United Nations adopted a set of 17 goals to end poverty, protect the planet and ensure prosperity for all as part of a new sustainable development agenda. Over the next fifteen (2015-2030) years, with these...

Move to entice foreign cos into stock market

Rezaul Karim | 2016-12-07 00:00:00

The government is likely to sit with the representatives of foreign companies of the Export Processing Zones (EPZ) aiming to motivate them for listing these companies with the stock market, officials said. In a recent meeting on listing of the...

Power, people and bank-loan overload

Shamsul Huq Zahid | 2016-12-07 00:00:00

'Dhaka is Bangladesh', some people are often heard uttering this three-word sentence to express their disapproval of extreme concentration of administrative decision-making power in the country's capital city. It is not just power, yet another important element, money, without which...

Q1 NPLs with industries swell to Tk 239.97b

Siddique Islam | 2016-12-07 00:00:00

Classified loans in the industrial sector swelled by over 18 per cent or Tk 36.94 billion in the first quarter (Q1) of the current fiscal year (FY), proving the recovery drives by banks and financial institutions ineffective, to a great...

No Biman reply to SBC request on VAT

Syful Islam | 2016-12-07 00:00:00

Sadharan Bima Corporation (SBC) urged Biman Bangladesh Airlines (BBA) to pay outstanding VAT worth Tk 138 million on premiums immediately to help avert the insurer's account freeze by the revenue authority. However, sources said, Biman management is yet to respond...

\'Made in China\' 2025 plan

Li Yong | 2016-12-07 00:00:00

This year marks the 50th birthday of the United Nations Industrial Development Organization (UNIDO), which was established to help developing nations industrialize after their seats doubled in the UN thanks to the progress of the decolonization movement. As a staunch...

Challenges to achieving Sustainable Development Goals in Bangladesh

Helal Uddin Ahmed | 2016-12-07 00:00:00

After many global consultations, a resolution titled 'Transforming our World: the 2030 Agenda for Sustainable Development' was adopted by the UN General Assembly on September 25, 2015, heralding the commencement of yet another 15-year cycle of global development goals following...

Activism against gender-based violence

Plead eleven ambassadors and high commissioners in Bangladesh in a joint appeal | 2016-12-07 00:00:00

To all fathers, sons and husbands: Every daughter has a father; every son has a mother; every husband, a wife.  As daughters, mothers and wives, we call upon the men of Bangladesh to stand with the girls and women they...

The future of regional integration in South Asia

Selim Raihan | 2016-12-07 00:00:00

There is now convincing evidence that deeper regional integration is needed in South Asia for generating and sustaining economic growth, poverty alleviation, ensuring food security and larger participation in the global value chain. Furthermore, the peace dividends, through intra-country stable...