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IPO flow sees slow pace in Jan-Oct

Babul Barman | 2017-11-16 00:00:00

Fund raising through IPOs remained sluggish as only five companies, mostly small ones, and one mutual fund raised an aggregate amount of Tk 2.20 billion through IPOs in January-October period of 2017.In 2016, eight companies and three mutual funds (MF)...

Uncertainty still hovers over Padma rail link

Munima Sultana | 2017-11-16 00:00:00

Financing Padma rail link, part of a dream project on communications infrastructure, still looks uncertain as the designated Chinese bank delayed signing loan agreement, sources said.They said Bangladesh Railway (BR) has already completed procedures to start the project, including readying...

NBR urges BSEC to ask GP for making provision for Tk 20b

Doulot Akter Mala | 2017-11-16 00:00:00

National Board of Revenue (NBR) requested Wednesday the securities regulator to ask Grameenphone (GP) for making provisions for Tk 20.15 billion in its accounts so that the listed company could pay the amount if it loses ongoing legal battles over...

Experts for bringing members closer to advance SAARC

Asjadul Kibria from Kathmandu | 2017-11-16 00:00:00

Policymakers, experts and businesses on Wednesday called for advancing the South Asian Association for Regional Cooperation (SAARC) by reducing gap and bitterness, especially among its big member countries.They opined that the countries outside the region are showing their interests in...

Hathurusingha resigns without a successor

M Serajul Islam | 2017-11-16 00:00:00

Chandika Haturusingha's resignation that came this week was news to the Bangladesh media. He had, in fact, submitted his resignation to the President of the Bangladesh Board in October that he had kept secret. The news of his departure has...

The cause of smallholder farmer

Olga Speckhardt in Bonn, Germany | 2017-11-16 00:00:00

If change comes from within, then climate action in agriculture must logically start with farmers. They need to find ways to adapt to and mitigate climate change.But when that involves 800 million of the world's poorest people, they are going...

Democracy beyond the nation-state

Kemal Dervis in Washington, DC | 2017-11-16 00:00:00

According to the Harvard economist Dani Rodrik, it is impossible to have full national sovereignty, democracy, and globalisation simultaneously. The concept of a "political trilemma of the world economy," which Javier Solana also recently explored, is useful, but incomplete.Rodrik's argument,...

Corruption vs morality and polarised middle-class families

Munirul Nabin | 2017-11-15 12:00:00

The general perception about corruption, as explained by an economist, Rose-Ackerman, is that it is a moral category that signifies putrefaction and rot. However, the word 'morality' is very subjective as it varies person to person. The mainstream economists are...

Free and fair general election a national imperative

M. Serajul Islam | 2017-11-15 12:00:00

Bangladesh really came into being on 7th December 1970 when the Father of the Nation had used Pakistan's national election to bring his people together as a monolith to elect in 167 of 169 seats in then East Pakistan the...

Appropriateness of data and concepts

Rushidan Islam Rahman | 2017-11-15 12:00:00

Bangladesh and other densely-populated South Asian countries are viewed as surplus labour economies and the development theories say that economic growth will take place through utilisation of the surplus labour. Whether development is taking place along this route requires monitoring...

Trade cost cut lies at core of regional integration

Asjadul Kibria from Kathmandu | 2017-11-15 00:00:00

It is cheaper for Sri Lanka to trade with Brazil than Nepal which is geographically much more closer. High trade cost due to lack of better connectivity bars Sri Lanka and Nepal from expanding their bilateral trade.This scenario reflects the...

PMO forms expert panel to expedite project work

Doulot Akter Mala | 2017-11-15 00:00:00

The government constituted a 12-member body to expedite and supervise the development works for building a multimodal energy hub at seaside Moheshkhali site in Cox's Bazar.Officials said the committee, under overall supervision of Bangladesh Economic Zones Authority (BEZA), comprises representatives...

Modern methods boosting output

Iqbal Siddiquee | 2017-11-15 00:00:00

HABIGANJ, Nov 14: Cultivation of summer season vegetables by using modern methods has been gaining popularity among the farmers of Sylhet region. Chairman of Horticulture Department of Sylhet Agricultural University (SAU) Prof Dr Md Shahidul Islam has been working on...

Building on MDG success to face SDG challenges

Shamsul Alam | 2017-11-15 00:00:00

Bangladesh has made substantial progress in poverty reduction and human development. The achievements in MDGs got acclamation worldwide. The improvement in the social sector is much more ostensible than the economic one. The poverty rate fell to 23.5 per cent...

Food security: Trying new rice cultivation method

Asad Islam | 2017-11-15 00:00:00

With pressure building on land and water resources, raising rice production is critical to improving food security in Bangladesh. Despite significant progress in reduction of poverty over the last two decades, still there remains food insecurity in the country. According...

Choosing a university? Beware of false promises

Syed Basher and Salim Rashid | 2017-11-15 00:00:00

There are some simple rules of thumb that, if followed, would help a student to maximize his or her goals. To begin with, decide where you want to be in 10 years, and plan accordingly. Work backwards from the 10-year...

Handwashing awareness campaign - Does it work?

A.K. Enamul Haque | 2017-11-15 00:00:00

The national hygiene survey report released in 2014 showed that in Bangladesh nearly 60 per cent of the households do not have facilities to wash their hands with soap after toilet. Of the 40 per cent households having handwashing facilities...

Global economic recovery: High hopes tinged with uncertainties

Sharjil M Haque | 2017-11-15 00:00:00

For the first time since the Great Recession of 2008, spring has come to the global economy. This year, the International Monetary Fund (IMF) revised its short-term expectations for global economic growth upward for the first time in six years...

Structural transformation for better jobs: Which pathway?

Rizwanul Islam | 2017-11-15 00:00:00

As a country progresses from a low level of development to higher levels, its people would naturally aspire to have a better standard of living, which, for many, would depend on what they do for living and how much they...

Demographic dividend or disaster: Challenges for Bangladesh

Muhammad Abdul Mazid | 2017-11-15 00:00:00

Demographic dividend, as defined by the United Nations Population Fund (UNFPA), means "the economic growth potential that can result from shifts in a population's age structure, mainly when the share of the working-age population (15 to 64) is larger than...

Corruption: An overview of its prevalence in Bangladesh

Helal Uddin Ahmed | 2017-11-15 00:00:00

A World Bank report on corruption in Bangladesh noted in 2000: Corruption has been a constant of human history. It rotted Roman Catholicism in Europe 500 years ago, fuelling the rise of Protestantism. It fed the collapse of China’s last...

Foreign borrowing and political business cycle

M. A. Taslim | 2017-11-15 00:00:00

Seldom do the annual income and expenditure of a nation match exactly. If income exceeds expenditure the nation lends out the surplus, and when expenditure exceeds income it has to borrow from overseas to pay for the deficit. When a...

EEC postpones visit to BD over amendments to draft deal

Rezaul Karim | 2017-11-14 00:00:00

Eurasian Economic Commission (EEC) has postponed its visit to Bangladesh until February next due to further amendments to the draft deal on trade and economic cooperation, officials said.A high-powered delegation of EEC was supposed to visit Bangladesh on November 15-19...

BEZA moves to conduct studies on 10 more EZs

Doulot Akter Mala | 2017-11-14 00:00:00

Bangladesh Economic Zones Authority (BEZA) has moved to conduct the feasibility studies on 10 more economic zones (EZs) for exploring investment potentials.The authority was in the process of finding local and international firms to conduct the studies, officials said.The EZs...

B’desh chooses eight priority areas for Saudi investment

Syful Islam | 2017-11-14 00:00:00

Bangladesh has selected eight prospective sectors expecting a large volume of investment from the Kingdom of Saudi Arabia (KSA), officials said. A high-powered business delegation from Riyadh is scheduled to arrive early next month to discuss modalities of possible investment...

NBR defers implementation of online VAT returns by 02 months

Doulot Akter Mala | 2017-11-14 00:00:00

The revenue board has deferred the implementation of online VAT returns system until January 01, 2018 to avoid legal complexities due to absence of new VAT rules.The online VAT returns system was scheduled to be launched from November 01, 2017.A...

South Asia Economic Summit begins in Kathmandu today

Asjadul Kibria from Kathmandu | 2017-11-14 00:00:00

The 10th South Asia Economic Summit (SAES) begins in Nepal's capital of Kathmandu today, aiming to deepen regional economic integration through bringing new ideas.Nepalese Prime Minister Mr Sher Bahadur Deuba is scheduled to inaugurate the three-day event at Hyatt Regency...

Scaling up quality of education

Abdul Bayes | 2017-11-14 00:00:00

The Frugal Innovation Forum (FIF) is a platform for practitioners to explore frugal innovations in the global South. The theme FIF highlighted this year is: 'Scaling Quality Education' - how can we scale up quality of education and ensure quality...

The physicians need to honour Hippocratic Oath

Sarwar Md. Saifullah Khaled | 2017-11-14 00:00:00

The physicians in Bangladesh usually invest only 48 seconds to a patient who seeks primary healthcare. Such a short consultation length is likely to adversely affect patient healthcare and physician workload and stress. This eloquently speaks of the deep soup...

Climate change: Rebutting deniers and wafflers

Friday Phiri in San Francisco, California | 2017-11-14 00:00:00

As negotiators meet in Bonn to put together a deal to implement the Paris Agreement, John Holdren, a professor of environmental policy at the John F. Kennedy School of Government, Harvard University, stressed that economic development and climate change mitigation...