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Declare Matarbari a landing station, not port of call

Syful Islam | 2017-10-24 00:00:00

Striking a difference of opinion, the Chittagong Port Authority (CPA) suggests declaring Matarbari area a landing station instead of port of call for transportation of goods for two under-construction power plants.Also under study is construction of a deep-sea port at...

NBR regrets power ministry's plea for duty waiver

Doulot Akter Mala | 2017-10-24 00:00:00

Government's revenue authority turned down the relevant ministry's proposal for duty waiver to woo large investment into the country's power sector, officials said. Tax-exemption 'culture' has to be phased out, the National Board of Revenue (NBR) said in regretting the...

Will Dhaleswari go Buriganga way?

Syed Jamaluddin | 2017-10-24 00:00:00

Shifting of tanneries to Savar from Hazaribagh is still going on. After disconnecting gas and power at Hazaribagh, 92 tanneries out of 154 have started their operation at Savar. Most of the tanneries have not yet been able to complete...

Why the renminbi won't rule

Paola Subacchi | 2017-10-24 00:00:00

In the dystopian fantasy Blade Runner 2049, Los Angeles 32 years from now looks a lot like China's megacities today: grey, polluted, and dominated by tall towers emblazoned with flashing neon advertisements. The viewer never learns much about the outside...

HIES-16: Some positives

Abdul Bayes | 2017-10-24 00:00:00

Bangladesh Bureau of Statistics (BBS) has very recently released a preliminary report on Household Income and Expenditure Survey-2016 (henceforth, HIES 2016). Based on a representative national survey of approximately 46 thousand households (rural: 32000 and urban 14000), the report warrants...

No more impunity

Phumzile Mlambo-Ngcuka | 2017-10-24 00:00:00

The pain and anger of more than a million people who tweeted #MeToo in the last week have crowded social media with personal stories of sexual harassment or assault. This virtual march of solidarity marks both the urgency of finding...

China tops WorldSkills Abu Dhabi 2017 medal table

Han Xiaoming and Liu Junguo | 2017-10-23 00:00:00

BEIJING, Oct, 22: Chinese delegation topped the medal table at the WorldSkill 2017 that concluded last week in Abu Dhabi, the United Arab Emirates (UAE) by scoring 15 gold medals, seven silvers, eight bronzes, and 12 medallions.It was the fourth...

DAEE project likely to get ECNEC nod tomorrow

Munima Sultana | 2017-10-23 00:00:00

After six years of efforts, the Dhaka-Ashulia Elevated Expressway (DAEE) project is likely to get approval as a government-to-government scheme from the Executive Committee of the National Economic Council (ECNEC) tomorrow (Tuesday). Sources said against a US$ 1.36-billion commercial proposal...

NBR SRO soon giving BGB, police a role

Doulot Akter Mala | 2017-10-23 00:00:00

National Board of Revenue (NBR) would soon issue statutory regulatory orders (SROs) allowing the Border Guard Bangladesh (BGB) and the Bangladesh Police to carry out anti-smuggling drives and arrest the suspects in areas under its jurisdiction. Officials said the law...

Project on cards to cut road accidents by 50pc in five yrs

Ismail Hossain | 2017-10-23 00:00:00

Accident Research Institute (ARI) of Bangladesh University of Engineering and Technology (BUET) has developed a traffic management system that, if introduced, would help cut road accidents by 50 per cent in the country over a period of only five years....

The man who epitomises the good side of Wall Street

Muhammad Abdul Mazid | 2017-10-23 00:00:00

Bernard Mannes Baruch (August 19, 1870 - June 20, 1965) was a self-made US millionaire, financier, philanthropist, statesman, political consultant, stock trader and venture investor. For most of the first half of the 20th century, he epitomised the "good side"...

Is this how hospitals serve the marginalised?

Neil Ray | 2017-10-23 00:00:00

Last Thursday this city brought the nation face to face with an ugly reality -one that is shocking, disgraceful, outrageous and heart-wrenching too. The incident involves three health facilities' refusal to help a poor woman in labour because she did...

Fallout of Rohingya influx

Shamsul Huq Zahid | 2017-10-23 00:00:00

Bangladesh faces a dilemma over how to tackle the latest influx of Rohingyas from neighbouring Myanmar. It has allowed nearly 600,000 Rohingyas to enter its land on humanitarian grounds. Now it has started counting the cost --economic, social and environmental....

How money could unblock the Brexit talks

Anatole Kaletsky in London | 2017-10-23 00:00:00

Like many divorce proceedings, Britain's negotiations with the European Union (EU) have reached an impasse that can be broken only by compromise. The solution is for both sides to admit that a permanent new relationship cannot be agreed in the...

Credit growth outpaces deposits

Siddique Islam | 2017-10-22 00:00:00

Overall deposit growth in the banking sector recorded a falling trend recently while credit growth increased significantly, indicating a strong possibility of a tight liquidity situation in the near future, bankers and officials said. The deposits had a slower growth...

The psychology of superstar sex predators

Raj Persaud and Peter Bruggen in London | 2017-10-22 00:00:00

The Harvey Weinstein sexual assault scandal shows no sign of winding down. Just the opposite: police in the United Kingdom are now investigating several allegations involving the Oscar-winning film producer. While Weinstein has "unequivocally denied" allegations of non-consensual sex, and...

Mortgage of land and building does not guarantee recovery of loan

collateral database and collateral locking system | 2017-10-22 00:00:00

Media reports say that Bangladesh Bank (BB) is in the process of developing a database for collateral securities retained by banks against granting loans and advances. The purpose of developing such collateral database is to prevent fraudulent practices of submitting...

Working jointly with UN, world community

Abdul Hannan | 2017-10-22 00:00:00

The government made prompt and sustained efforts to keep the world community informed about the grim situation arising out continuing exodus of more than half a million of Rohingya Muslims into Bangladesh, fleeing ruthless atrocities, terror and scotched-earth campaign unleashed...

Complexity over commission payment delays Japanese ODA loan release

Rezaul Karim | 2017-10-21 00:00:00

Release of nearly US$ 1.64 billion worth of pledged Japanese ODA loans for Bangladesh's six projects is being delayed due to complexity arisen over the payment of bank commission, officials said."A meeting has been held on the issue of commission...

China's strategy gets 13.91m out of poverty a year

Liu Junguo | 2017-10-21 00:00:00

A breeding base run by villager Gao Xueliang in Lankao County in central China's Henan Province. The base was established with the help of a cadre sent to help the villagers. Lankao was singled out as the first county in...

Stocks extend losses for 2nd straight week

Babul Barman | 2017-10-21 00:00:00

Stocks extended the losing streak for the second straight week that ended Thursday as cautious investors continued their selling binge amid mixed earnings and dividend declarations.Brokers said small investors were cautious about fresh exposure to the market, while institutional investors...

Sunzi's Art of War in today's world perspective

Helal Uddin Ahmed | 2017-10-21 00:00:00

The military experiences of the Euro-American clique suggest that technology in some way is a dynamic, absolute force to which people's doctrines, strategies and force structures must be adapted and adjusted on a continual basis. An emphasis on efficiency, cost-effectiveness...

Please, stop the Blue Whale game

Nilratan Halder | 2017-10-21 00:00:00

The Blue Whale saga is on a relentless march worldwide. The terrible computer or video game has been making screaming headlines in Bangladesh for a few days now. However, the picture is yet to be clear enough. When the first...

Mushfiqur's captaincy and Test batsmen's flawed techniques

M. Serajul Islam | 2017-10-21 00:00:00

The Bangladesh Test Captain Mushfiqur Rahim and the Board President Nazmul Hasan aired publicly their differences over the former's media interview following the Team's humiliating whitewash in the two-Test series against South Africa. The Captain was emotional in the face...

Rural development for arresting migration

Saleh Akram | 2017-10-21 00:00:00

The ministry of agriculture appears to have adapted the most appropriate theme on the occasion of world food day this year in the present context. It focused on the need to bolster development of the rural economy to prevent migration....

When training matters

Abdul Bayes | 2017-10-21 00:00:00

An article compares livestock transfer with and without training and thus highlights the importance of skill-training in the augmentation of household income. The research has been done by Jonathan Argent, Britta Augsburg, Imran Rasul on "Livestock Asset Transfers With and...

WTO differences: No breakthrough in Marrakesh

Asjadul Kibria | 2017-10-21 00:00:00

More than 23 years ago, Marrakesh, a tourist-loving city of Morocco, witnessed a historical deal and also became a part of the deal by name. On April 15 of 1994, the Marrakesh Declaration was adopted by 124 nations to conclude...

The unpalatable HIES findings

Shamsul Huq Zahid | 2017-10-20 12:00:00

The latest Household Income and Expenditure Survey (HIES), conducted by the national statistical organisation, the Bangladesh Bureau of Statistics (BBS), has revealed nothing new --the old trend of widening income inequality is persisting without a pause. The Gini coefficient, which...

NBR exempts physical inspection of export goods until June next

Doulot Akter Mala | 2017-10-20 00:00:00

Exporters will be allowed to get duty drawback without physical inspection of goods as the National Board of Revenue (NBR) relaxed a mandatory provision of a law in this regard recently.The exemption will continue until June 30 next year, according...

Education science and educational practices

S. M. Rayhanul Islam | 2017-10-20 00:00:00

Like in the other countries, 'Education Science' has become an independent discipline in the academic field of Bangladesh. Keen interest in this discipline is growing by the day among the academics, education policy-makers, researchers, development professionals, students and the general...