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Mayday in the UK : Swing toward illiberalism

Philippe Legrain in London | 2016-10-15 00:00:00

Conservative Brexiteers - who campaigned for the United Kingdom to vote to leave the European Union (EU) - continue to blather about building an open, outward-looking, free-trading Britain. But the UK is in fact turning inward. Prime Minister Theresa May,...

Syrian conundrum: Mounting US-Russian tension

Sayed Kamaluddin | 2016-10-15 00:00:00

US Secretary of State John Kerry carried out his threats and called off the peace talks to end the five-year long Syrian civil war with his Russian counterpart Surgei Lavrov last week. This, indeed, is a disturbing sign. The Washington...

South Asia Economic Summit: Thinking out of the box

Asjadul Kibria | 2016-10-15 00:00:00

The Ninth South Asia Economic Summit is being organised in Dhaka at a time when the 19th  SAARC (South Asian Association for Regional Cooperation) summit, scheduled to be held in Islamabad on November 9-10,  has been postponed.   Thus, the holding...

Interest spread calculation to be part of CAMELS

Siddique Islam | 2016-10-14 00:00:00

Interest-rate spread of banks will be made a part of the supervisory mechanism called CAMELS rating, officials said. The revised calculation method for CAMELS rating will come into effect in December next and any breach of limit set in relation...

RAB seeks seized drones for surveillance activities

Doulot Akter Mala | 2016-10-14 00:00:00

The Rapid Action Battalion (RAB) made a request to the National Board of Revenue (NBR) that some of the drones seized by the customs authorities be given to the elite force to facilitate augmenting its surveillance activities. The request came...

BD agrees to raise number of border \'haats\', trading amount

Talha Bin Habib | 2016-10-14 00:00:00

Bangladesh has finalised proposed amendments to existing memorandum of understanding (MoU) to set up new border 'haats' (temporary markets with a fixed time) and their mode of operation. These will now be sent to India for its consent, officials said....

Bullet-hit Magura miracle baby\'s valiant fight

Nilratan Halder | 2016-10-14 00:00:00

She has survived what rarely anyone has the misfortune of sustaining even before her birth --a lethal bullet wound. Both her and her mother's lives hanged in the balance when a stray bullet from infighting armed youth groups of the...

Great powers today: Shadows of the past

Imtiaz A. Hussain in the second of a five-part series titled Instincts and international relations | 2016-10-14 00:00:00

Why has the United States, in what is called the "American Century," been less comfortable with a multi-polar balance of power system than with a bipolar? Is there a more underlying reason than immigration to explain Great Britain's exit from...

Breaking the ice in the South China Sea

Fidel V. Ramos in Manila | 2016-10-14 00:00:00

Three months ago, the Permanent Court of Arbitration in The Hague ruled that there was no legal basis for China to claim historic rights to the resources in the West Philippine Sea (also known as the South China Sea), and...

US treasury department inquires about stolen reserves recovery

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

WASHINGTON, D.C., Oct 11: The US treasury department inquired about progress in recovering the money cyber-criminals looted from the Bangladesh reserves with the Fed. Officials said the query was made when Deputy Assistant Secretary for Western Hemisphere and South Asia...

Impatient rush

Shamsul Huq Zahid | 2016-10-12 00:00:00

A trade cartel dominating the marketing of some essential food items has made mockery of government's desire to protect the interests of consumers. The issue in question relates to the latest hike in retail prices of the widely consumed soyabean...

Govt to ready NAMA proposal to get carbon fund

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

The government is set to prepare a national appropriate mitigation action (NAMA), a mechanism to get carbon fund by introducing carbon emission-free transport sector including rail and road in Dhaka city. Officials said NAMA Urban Passenger Transport Dhaka was to...

Tax burden stymies publishing companies’ business

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

Country's Tk 9.50 billion publication sector has been witnessing a robust growth over the years although the tax burden hits the publishing companies hard, sector insiders said. According to them, the number of publishers and booksellers has now almost doubled...

Large-cap issues dominate daily turnover

Mohammad Mufazzal | 2016-10-12 00:00:00

Some large-cap companies in recent days mostly contribute in the daily transaction of the stock market grabbing the top ten turnover leaders' position. According to information of Dhaka Stock Exchange (DSE), out of 328 listed companies, some 20 securities contribute...

Most Afghan women serve sentences in elders\' homes, not prisons

Mohammadullah Himatyar of Reuters in Sharana | 2016-10-12 00:00:00

When 18-year-old Fawzia was convicted of elopement and adultery, a local Afghan court in the southeastern province of Paktika sentenced her to jail. She soon discovered that she would not be serving the 18-month sentence in a government-run prison, but...

The Girl on the Train

Nicholas Barber of BBC | 2016-10-12 00:00:00

Paula Hawkins' novel, The Girl on the Train, has sold 15 million copies around the world, largely due to its irresistible concept. Its heroine, Rachel, is a miserable, alcoholic divorcee who gazes at the same house twice every day when...

US election: Does character override everything else?

Zeenat Khan from Maryland, USA | 2016-10-12 00:00:00

Donald Trump's second presidential debate this past Sunday night (October 09) could have been far worse. In the end, the debate was not the dramatic cataclysm that everyone was bracing for. Prior to the debate, for 72 hours, the world...

Let Bangladesh be top recipient of IDA credit for nine more years

From Syful Islam | 2016-10-11 00:00:00

WASHINGTON D.C, Oct 10: Bangladesh is interested to receive the highest amount of credit for nine more years from the International Development Association (IDA), the soft lending arm of the World Bank, to expedite poverty reduction process, Finance Minister AMA...

Uniform import valuation earns surplus revenues

Doulot Akter Mala | 2016-10-11 00:00:00

Setting minimum value and tariff value by a regulatory order on import of some 200 commercial products helped the government earn an additional Tk 12 billion in customs duty in the first two months of the current fiscal year. The...

BD to ratify D-8 convention to increase economic co-op

Munima Sultana | 2016-10-11 00:00:00

Bangladesh has decided to ratify the Development-8  convention to get scope for increasing economic cooperation in different sectors among eight developing countries. The decision came from an inter-ministerial meeting held at the Ministry of Foreign Affairs on Thursday. Sources said...

BB moves to prepare database of mortgaged land properties

Rezaul Karim | 2016-10-11 00:00:00

The central bank has planned to prepare a comprehensive databank of mortgaged land properties aiming to prevent its reuse in taking out loans from banks and financial institutions, officials said. "Bangladesh Bank (BB) is working on a database of land...

America wakes up to Donald Trump with a video

M. Serajul Islam from Maryland, USA | 2016-10-11 00:00:00

When the dust settles over the 2016 presidential election, the question that would no doubt come back to haunt Americans is how did someone like Donald Trump ever come within such striking distance of the White House. He was going...

Bolt from the blue

Muhammad Zakiul Islam | 2016-10-11 00:00:00

Whether as a curse or as an improbable meteorological phenomenon, the proverbial saying, bolt from the blue, has been visiting Bangladesh in its starkest manifestation in the recent times. Although lighting from a cloudless sky might be a scientific unreality,...

Fish in dish

Abdul Bayes | 2016-10-11 00:00:00

Dr Md Saifuddin Shah, a researcher and retired Professor of Khulna University, has taken a close look at development of fisheries sub-sector arguing that 'the role of fish in food, nutrition, economy, employment and socio-cultural heritage of the nation is,...

Rivalry playground - the big picture

Imtiaz A. Hussain in the first of a five-part series titled Instincts and international relations | 2016-10-11 00:00:00

If only international relations (IR) were predictable. It used to be that the number of weapons each unit (bands, tribes, towns, countries) had could fairly accurately distinguish between the great-, middle-, small-, and non-powers: from spears, swords, and bayonets to...

Foreigners\' databank soon to track tax evasion

Doulot Akter Mala | 2016-10-10 00:00:00

 Foreigners will come under a coordinated databank just after arrival so they could be traced until checkout and tax evasion by any of them prevented, officials said.     They said a databank having networking with relevant nodal points would be developed...

Road, rail in focus under $ 50b investment plan

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

Much of the focus would be on development of road and rail infrastructures in Chittagong-Cox's Bazar and Dhaka-Sylhet corridors under the around US$ 50 billion investment plan during Chinese President Xi Jinping's ensuing visit to Bangladesh, sources concerned said. They...

Denying Bangladesh DFQF trade facility \'unfortunate\'

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

WASHINGTON, D.C., Oct 9:  Bangladesh again appealed to the US administration to grant duty-free and quota-free (DFQF) market access to its apparel products on the American market. Making the request Saturday Finance Minister AMA Muhith pointed out that most countries...

Floating glass prices double for new tariff

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

The retail prices of floating glass almost doubled in last four months, following imposition of new minimum import tariff on about 30 types of glasses in the national budget for the fiscal year 2016-17. According to port authorities and glass...

No change in creative questions format

Govt selects 12,619 teachers for instts | 2016-10-10 00:00:00

Education Minister Nurul Islam Nahid said on Sunday the government will not change its decision on reducing 10 marks from Multiple Choice Question (MCQ) method at both SSC and HSC examinations, report agencies. Mr Nahid has stuck to his guns...