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BR to seek Tk 37b ADB loan for rolling stocks, workshops

Munima Sultana | 2016-11-29 00:00:00

 Bangladesh Railway (BR) has taken a move to seek around Tk 37 billion in assistance from the Asian Development Bank (ADB) for developing its rolling stocks and improving maintenance capacity of workshops, aimed at ensuring smooth operation of train services.  ...

Exim Bank puts thrust on IT, HR, internal control

Special Correspondent | 2016-11-29 00:00:00

EXIM Bank Ltd has taken a move to broaden its network beyond the country to serve the teeming millions. "We have already applied to the Bangladesh Bank for opening our branch in Kingdom of Saudi Arabia (KSA) and expect to...

Nightmare of the public buses

Asjadul Kibria | 2016-11-29 00:00:00

Public bus is considered as the most efficient mode of urban public transport compared to other smaller vehicles like private cars, motorbikes and auto rickshaws.  The efficiency of public bus depends on several factors like sufficient roads, convenient parking and...

Transition of microfinance

Abdul Bayes | 2016-11-29 00:00:00

Elisabeth Rhyne, Managing Director of Center for Financial Inclusion, visited Bangladesh a few years back and wrote about microfinance in the country. Her article was published in the World Post with the title 'Microfinance in Bangladesh: It's not What You...

BB asks banks to appoint overseas remittance agents

Siddique Islam | 2016-11-28 00:00:00

The central bank advised the banks which have exchange houses abroad to appoint agents in the respective countries to help revamp receding inflow of remittances. Under the latest move, the banks are now allowed to post agents in the job-destination...

The role of private sector in SDGs implementation

Shamsul Alam | 2016-11-28 00:00:00

World leaders adopted the 2030 Agenda for Sustainable Development, at the United Nations General Assembly on  September 25, 2015, which includes a set of 17 Sustainable Development Goals (SDGs) along with 169 targets to end poverty, reduce inequality and injustice...

Ruckus over a stolen bag

Neil Ray | 2016-11-28 00:00:00

The furore over a handbag when it went missing and the bonhomie following its recovery cannot give but a mixed feeling. In the first place it was a stupendous shame for the nation because the incident of theft took place...

Of skill, wage and remittance

Shamsul Huq Zahid | 2016-11-28 00:00:00

Hurdles, financial or otherwise, that the Bangladeshi migrant workers very often face are known, courtesy of media and rights organisations. The government from time to time has taken steps to mitigate their sufferings. It would be unfair to say that...

Paperless company registration pays

Doulot Akter Mala | 2016-11-27 00:00:00

Paperless registration and return submission to the Registrar of Joint Stock Company (RJSC) yielded 75 per cent increase in the listing of new companies since 2008. By official count, the number of companies registered almost doubled to 214,618 as of...

China to accelerate bilateral cooperation with Latin America

Liu Ge | 2016-11-27 00:00:00

Chinese President Xi Jinping charted new course for Sino-Latin American ties in his speech at the Peruvian Congress early this week. Experts said that as a declaration of China's policy towards the Latin American region, the speech indicated that both...

Could the Electoral College defeat Donald Trump?

M. Serajul Islam | 2016-11-27 00:00:00

The US presidential election 2016 was followed in Bangladesh with much more interest than previous US elections in recent times for a variety of reasons. In the process, many aspects about how the US president is elected have become known...

Many realtors quit business

Ismail Hossain | 2016-11-26 00:00:00

Many real-estate companies continue to close down their business amid a prolonged sluggish trend in the country's housing sector, industry-insiders said. According to them, at least 200 property businesses have disappeared from the real-estate apex body-- Real Estate and Housing...

Doing business should stop promoting tax competition

José Antonio Ocampo and Edmund Fitzgerald in New York | 2016-11-26 00:00:00

The World Bank Group has just released Doing Business 2017: Equal Opportunity for All, the latest version of its flagship report. According to the Bank, the annual report is one of the world's most influential policy publications, as it encourages...

Khulna traders unhappy about Mongla Customs dealings

Syful Islam | 2016-11-26 00:00:00

The Mongla Customs House (MCH) is facing businessmen's wrath as they allege that officials working there are not business-friendly. Rather they create various problems, sources said. However, the MCH commissioner dismissed the allegations saying they go by NBR rules. The...

Stocks end higher for 4th straight week

Babul Barman | 2016-11-26 00:00:00

Stocks extended their winning streak for the fourth consecutive weeks that ended on Thursday with key index of the Dhaka Stock Exchange (DSE) reaching nearly 14 months' high. Analysts said the market maintained the upbeat trend with soaring turnover as...

BD to seek Hungarian investment in SEZs during PM\'s visit

Talha Bin Habib | 2016-11-26 00:00:00

Bangladeshi businessmen will pursue their Hungarian counterparts to invest in special economic zones (SEZs) and raise imports from the country during their ensuing visit to the European country, according to business circles. A high-powered Bangladesh business delegation will be accompanying...

Must Dhaka commit suicide?

Moinul Ahsan | 2016-11-26 00:00:00

Yes, as an ordinary citizen I am convinced that Dhaka is on a suicidal course, owing to our fatal collective apathy. My view may appear outrageous to many, and others may have accepted it with resigned fatalism. However, I still...

Fashion design takes the leap

Nilratan Halder | 2016-11-26 00:00:00

Before Bibi Russel, fashion design and catwalk were mostly an anathema in this country. The girl from Chittagong and a student of College of Home Economics, Azimpur, Dhaka had crossed not only a huge geographic distance but also an eternity...

Human development deserves more attention than GDP growth

Sarwar Md. Saifullah Khaled | 2016-11-26 00:00:00

Bangladesh should now shift its focus from Gross Domestic Product (GDP) growth to human development for inclusive and sustainable progress of the economy because a large part of the country's population is young and its economic growth currently is on...

Investment in Latin America, despite risks, key for China development

Li Yincai | 2016-11-26 00:00:00

China has increased its diplomatic efforts toward developing countries, especially in Latin America, since the new government came into office in 2013. Chinese leaders visited Latin America five times from 2001 to 2012, and once a year from 2013 to...

Child marriage: A piece of good as well as bad news

Abdul Bayes | 2016-11-26 00:00:00

The draft of 'Prohibition of Child Marriage Act - 2016' received the final approval at a Cabinet meeting chaired by Prime Minister Sheikh Hasina on November 24.  It seems to be a piece of good as well as bad news....

China wins more ASEAN friends as the US watches

Sayed Kamaluddin | 2016-11-26 00:00:00

The outgoing American President Barack Obama's proactive diplomacy in the Southeast and East Asian region to consolidate his Asia pivot policy and wean over the ASEAN members from China's influence is apparently in trouble. Obama's Asia pivot was launched in...

Prioritising Dhaka\'s urban transport system

Helal Uddin Ahmed | 2016-11-26 00:00:00

Robert Gallagher, a British transport planner, worked in Bangladesh for much of his career.  He lectured in the Department of Urban and Regional Planning at Bangladesh University of Engineering and Technology (BUET) for five years, and later carried out a...

Efficient bus services in city still a far cry

Munima Sultana | 2016-11-25 00:00:00

The capital city is unlikely to get a disciplined and efficient public transport service soon with buses on 'single-route single-company' basis, as the authorities concerned are yet to take adequate measures in this regard. Official sources said a favourable environment...

BIWTA recommends raise in maintenance cost to Tk 300m

Syful Islam | 2016-11-25 00:00:00

The Bangladesh Inland Water Transport Authority (BIWTA) has recommended the government to propose Indian authorities for increasing the annual maintenance cost of waterways of Bangladesh under the Indo-Bangla water protocol. It suggested that the amount should be raised to Tk...

Farm loans up by Tk 6.61b

Siddique Islam | 2016-11-25 00:00:00

Farm-loan disbursement grew by over 14 per cent or Tk 6.61 billion in the first four months of the current fiscal year, suiting government agricultural policy. Much of the credit for the steady growth in agricultural credits, officials said, goes...

BEZA to ready 20 SEZs by 2018

Talha Bin Habib | 2016-11-25 00:00:00

The building of 20 special economic zones (SEZs) will be completed by 2018 as about 40 per cent work there have been completed so far, officials said.   "About 40 per cent of the construction work of SEZs has been completed....

Youth civic engagement: Challenges and opportunities

S. M. Rayhanul Islam | 2016-11-25 00:00:00

There is a saying: 'History is written by the old, but made by the young'. Young people are the most strong, self-confident, creative and productive guiding force of any nation. Given an enabling environment, young women and men are both...

What purpose new DU departments serve?

Nilratan Halder | 2016-11-25 00:00:00

Amazing has been the advancement of science and technology. Never before in human history has there been so wide an application of science to technological development and innovation as it currently is. What is even more satisfying is that the...

Demonetisation drama in India

Syed Ashraf Ali | 2016-11-25 00:00:00

Before the shock waves generated by Donald Trump's triumph over Hillary Clinton in the US presidential race of November 08 died down, Indian Prime Minister, Narendra Modi detonated a bombshell of sort by demonetising all 500 and 1000 rupee bank...