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Is our economic future behind us?

Joel Mokyr in Chicago | 2016-12-02 00:00:00

With the global economy yet to recover from the 2008 economic crisis, concern about the future - especially of the advanced economies - is intensifying. My Northwestern University colleague Robert J. Gordon captures the sentiment of many economists, arguing in...

Complacency breeds failure: Consolidate efforts to #endAIDS by 2030

Shobha Shukla of Citizen News Service (CNS) | 2016-12-01 00:00:00

Success breeds complacency and complacency breeds failure. When the number of people affected by a disease decreases, there is a tendency to disregard it as a public health problem. Even as the HIV/AIDS epidemic is on the decline in India,...

Austerity in water use

Saleh Akram | 2016-12-01 00:00:00

Water experts have long been sounding alarms against receding ground water level in the country. If things continue like this we are in for a grave danger. The importance of water in all living beings is too well-known to elaborate....

Climate change: COP yet to address loss and damage

Shaila Mahmud | 2016-12-01 00:00:00

Over the last few decades, rise in climatic hazards, associated with slow onset and extreme weather events, warranted implementation of the 'Loss and Damage' (L&D) along with adaptation and mitigation as a third pillar of climate action in developing countries....

Rupee demonetisation triggers chaos, confusion, violence in India

Md. Matiul Islam | 2016-12-01 00:00:00

It is not the first time that India has demonetised high-denomination currency notes. The last one was on January 16, 1978 when, overnight, Rs. 1000, 5000 and 10,000 bank notes stood withdrawn by an Ordinance issued by the President of...

Sustaining the Trump rally

Mohamed A. El-Erian in London | 2016-12-01 00:00:00

Donald Trump's victory in the United States' presidential election surprised most of the world. But the president-elect is not finished defying expectations. Contrary to the predictions of many experts, stock markets have rallied strongly since his victory, with the three...

Tracking the IPO money

Shamsul Huq Zahid | 2016-11-30 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) though belatedly is on way to accomplishing a very important task soon. The securities regulator will make it mandatory for the listed companies to inform the shareholders about the use of IPO (initial...

Package VAT cut likely for business minnows

Doulot Akter Mala | 2016-11-30 00:00:00

The government may finally reduce the amount of package VAT (value-added tax) for small businesses in the current fiscal in the face of persistent demand from the trade bodies. In the budget for the current fiscal year (FY), the government...

Low, middle-income housing finance mkt remains untapped

Munima Sultana | 2016-11-30 00:00:00

An enormous market in low- and middle-income housing finance remains untapped in the country due to the financial sector's focus on upper-middle class housing finance and lack of policy support. According to a study report of World Bank Group (WBG),...

How did pollsters get the 2016 US election so wrong?

Zahedur Rahman Arman from Pennsylvania, USA | 2016-11-30 00:00:00

The results of the 2016 presidential election came as a surprise to everyone who had been following election polling. The day before the election, most pollsters and statistical models had pegged that Democratic party candidate, Hillary Clinton, was destined for...

A health care financing model for Bangladesh

Muhammad Abdul Mazid | 2016-11-30 00:00:00

Three interrelated financing areas are critical for reaching universal health coverage. These are raising funds for health, reducing financial barriers to access through prepayment and subsequent pooling of funds in preference to direct out-of-pocket payments and allocating or using funds...

Ten consequences of Trump

Anatole Kaletsky in London | 2016-11-30 00:00:00

For those of us who were wrong about the United States' presidential election, it is worth suppressing emotional reactions, at least for a month or two, and attempting a dispassionate judgment about what Donald Trump's administration may mean for the...

Demonetisation of Indian rupee: Implementation hiccup and longer-term objective

Sharjil M. Haque | 2016-11-30 00:00:00

Cash is king in India, or at least it was until in one sweep Narendra Modi scrapped two high-value banknotes in India in an all-out war to flush out black money, fight tax evasion, eradicate counterfeit notes used in terror...

Global, regional and national trends

International Food Policy Research Institute (IFPRI), Concern Worldwide, and Welthungerhilfe (WHH) | 2016-11-30 00:00:00

The 2016 Global Hunger Index (GHI) demonstrates substantial progress in terms of hunger reduction for the developing world. Whereas the 2000 GHI score for the developing world was 30.0, the 2016 GHI score is 21.3, showing a reduction of 29...

How brands should revisit mobile marketing strategy for next year and beyond

Abir Mazumder and Md Mushfiqul Huq | 2016-11-30 00:00:00

Mobile phones are a necessity, much like the air we breathe. Until recently, Bangladesh was a low-income country, densely populated with very little disposable household income. Despite that, every 3 out of 4 people has at least one mobile phone....

The era of Trumponomics

Sharjil Haque | 2016-11-30 00:00:00

To say that 2016 was not the best year for global politics and international cooperation would be a bit of an understatement. It was bad enough that Britain tore itself apart from the European Union. Now, the United States has...

Ship breaking: A sector with great potential

Zahirul Islam Rinku | 2016-11-30 00:00:00

Swedish Ambassador to Bangladesh Zohan Frishel recently visited the ship breaking yards in Chittagong and said the ship breaking industry is turning to be a very potential sector in Bangladesh. The industry is now taking a concrete shape eliminating all...

‘Credit facilities very flexible, investment-friendly’

an exclusive interview with The Financial Express | 2016-11-30 00:00:00

Following is the full text of the  interview: FE.     Please take us through the journey of S. Alam Group over the last 28 years. SA:     Down to the memory lane with a nostalgic mind, we need to go back to      ...

Recognising contribution of private ICDs to economy

Nurul Qayyum Khan | 2016-11-30 00:00:00

Chittagong Port has very rightly been called heart of the national economy as it has been playing a pivotal role in the export-import trade of the country as well as in the national economy. In all considerations, justification and practicality...

Global BPO market: Where does BD stand?

Md. Shofiul Alam | 2016-11-30 00:00:00

The idea of Outsourcing came from American glossary "outside resourcing" is also known as Business Process Outsourcing (BPO); the process of hiring another individual or company, either domestically or internationally, to handle business activities for you. It has become a...

A journey towards making food safe

Talha Bin Habib | 2016-11-30 00:00:00

Getting safe food for consumption is a fundamental right of the citizens. But still it is highly scarce despite the availability of food items in the markets. Food safety means the conditions and practices that preserve the quality of food...

Private sector development: A lasting approach

Babui Salsabil | 2016-11-30 00:00:00

"Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime." The adage cited precisely sums up the notion of private sector development in a nutshell. Private...

Leveraging social media for unleashing business potential

Mashfique Khalid | 2016-11-30 00:00:00

If you are a marketer in Bangladesh, a few questions should often come to your mind; "Should I spend on social media for my brand?" Or "How should I leverage social media?" Well, for your information, an average internet user...

SMBs as means to achieve development

Bijon Islam | 2016-11-30 00:00:00

Bangladesh is almost ready to step into 2017 with a mixed year to look back upon. We have been maintaining our GDP growth stride above 6% with emerging industries like footwear, pharmaceuticals, ICT showing strong export potential besides our "big...

Energy efficiency: It\'s all about Smart things

Salman Rahman | 2016-11-30 00:00:00

While energy efficiency helps people save energy at home and at filling stations, it helps businesses and city, state and federal governments save the same on a much bigger scale. Energy efficiency helps a nation financially by decreasing the overall...

Ways to make Bangladesh an attractive investment destination

Mahir Abrar Nikhat and Zahedul Amin | 2016-11-30 00:00:00

Bangladesh economy has achieved remarkable growth on the back of rising RMG export, steadily increasing remittance flow, and growing domestic demand for goods and services. Bangladesh's average growth of 6.2%, over last one decade, has been remarkable considering the series...

OBOR initiative of China: Bangladesh participation

Nafees Imtiaz Islam, Md. Mamun-Ur-Rashid Askari and Mohammad Monir Hossain | 2016-11-30 00:00:00

There's an old Chinese saying: "If you bond together for profit, when the profits stop the relationship ends. If you bond together for power, when the power stops the relationship ends. Only when you bond together with a true heart...

Govt servants must submit tax info with salary bills

Doulot Akter Mala | 2016-11-29 00:00:00

Staff members of government, semi-government and autonomous bodies mandatorily have to furnish tax-return-submission information in their respective salary bills for a period of six months, starting from January next, as a proof of compliance.    Officials said the National Board of...

Taka depreciates against dollar

Siddique Islam | 2016-11-29 00:00:00

The taka lost maximum seven poisha in single-day depreciation against the US dollar on Bangladesh's interbank foreign-exchange (forex) market Monday. Bankers said the local currency took such a tumble after more than nine months on the country's money market. The...

China to provide $100m for ICT sector dev

Talha Bin Habib | 2016-11-29 00:00:00

The Chinese government will provide US $100 million to help the country develop information and communication technology (ICT) sector as Bangladesh aspires to become a middle-income country by 2021, officials said. The Exim Bank of China will finance implementing the...