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Policy making: An introduction

Hasnat Abdul Hye | 2017-09-26 00:00:00

There are so many institutions and authorities, at home and abroad, these days engaging with policy making as a public discourse that it may appear as superfluous, even presumptuous to offer any introduction on the subject. On the face of...

Looming Sino-US trade war and China's lucrative aviation market

Sayed Kamaluddin | 2017-09-25 12:00:00

Airbus inaugurated on September 20, 2017 its A330 Completion and Delivery Centre (C&DC) in Tianjin, China. The first A330 to be delivered from the C&DC was handed over to Tianjin Airlines. With the opening of Airbus's first plane completion centre...

VAT rules now up for amendment

Doulot Akter Mala | 2017-09-25 00:00:00

With a new law put on the backburner, government's revenue authority decided to amend the existing value-added tax (VAT) rules to digitise the taxing. Sources said under the amended rules, the revenue board would carry out digitisation of the system...

Export incentives beyond RMG for newer markets on the anvil

Syful Islam | 2017-09-25 00:00:00

The government moves to offer cash subsidy on some more products in the new-market- expansion category to encourage businesses to expand country's export trade. Presently, only apparel items enjoy the facility. Officials said the ministry of finance (MoF) recently asked...

SJIBL set to emerge as preferred Shariah-based bank, says MD

Siddique Islam | 2017-09-25 00:00:00

Shahjalal Islami Bank Limited (SJIBL) is now working to emerge as a preferred Shariah-based bank by providing optimum services to its clients, the top executive of the bank has said."We want to see the SJIBL becoming the most preferred Islamic...

Ram Rahim runs full circle

Neil Ray | 2017-09-25 00:00:00

The news is that the man who lived the life of an emperor in luxurious castles and resorts modelled after the grandiose of Mughal courts now earns Tk 20 a day. Involved here is none other than a self-proclaimed 'godman',...

Intent and end-results mismatch

Shamsul Huq Zahid | 2017-09-25 00:00:00

That the patients' per capita out-of-pocket (OPP) health expenditure, as revealed by a recent government report, went up 4.0 per cent between 2012 and 2015 is nothing surprising. It, in all probability, has again gone a few percentage points up...

Govt awards package waiver on land-transfer charges

Doulot Akter Mala | 2017-09-24 00:00:00

Registration and all other fees and stamp duty for land transfer by landowners to developers of private economic zones have all been waived as a stimulus. Government authorities believe the exemption of charges would considerably cut cost of investment in...

Rohingya crisis and PM's 5-pt proposal

Lacy Swing of IPS in New York | 2017-09-24 00:00:00

The five-point proposal placed by Prime Minister Sheikh Hasina before the United Nation General Assembly (UNGA) Friday last to help stop persecution of Rohingyas in Myanmar and ensure their safe return to homeland has indeed echoed the aspirations of the...

Welcoming a singer back from hibernation

Asjadul Kibria | 2017-09-23 12:00:00

Shamshy Faruque Shimky — Photo: Collected During the early '80s a young voice enthralled Nazrul Sangeet (Songs of Nazrul) listeners in Bangladesh. Her style of singing was inimitable and voice modulation was quite perfect. During those days Feroza Begum was...

Rawhide, skins lying unsold at Posta

Ismail Hossain | 2017-09-23 00:00:00

Even 20 days after Eid-ul-Azha, a large volume of rawhide and skins still remain unsold at Posta, the country's largest rawhide market, as tanners are reluctant to purchase them due to financial crisis. Rawhide traders also alleged that the tanners...

Investors can buy BD bonds from abroad

Syful Islam | 2017-09-23 00:00:00

Non-resident Bangladeshis (NRBs) can directly buy bonds from abroad under planned recast rules meant for making the investment tools attractive and boosting remittance into the country.Officials said the mandatory presence of investors to buy bonds from authorized dealers will be...

Dhaka set to ink deal with EEU

Rezaul Karim | 2017-09-23 00:00:00

Bangladesh is set to ink a deal with Eurasian Economic Union (EEU) in November to expand trade and commerce including duty-free market access to Russia and tap export potential in East European markets, officials said.A high-powered delegation of Eurasian Economic...

When elephants are used for extortion

Nilratan Halder | 2017-09-23 00:00:00

When it comes to intelligence, the elephant comes next to man. Its imposing size is good enough to make people curious about it. Elephants can be trained to execute a number of difficult manoeuvres in circuses. Social animals, elephants are...

A matter of sabbatical in Bangladesh Test cricket

M. Serajul Islam | 2017-09-23 00:00:00

Shakib Al-Hasan, Bangladesh's star all-rounder and currently the number one Test all-rounder in the world, has raised a great deal of controversy by asking for and getting from the BCB monthslong sabbatical from Test cricket. Bangladesh cricket fans simply cannot...

Indispensability of green finance

Saleh Akram | 2017-09-23 00:00:00

The world around us is developing fast, but developing at the cost of depleting the environment. As we look around us there are evidences of glittering development, alongside pollutions to our surroundings arising from all kinds of human activities, from...

The state of rural credit market

Abdul Bayes | 2017-09-23 00:00:00

Newspaper reports have it that flood-affected people, especially in 40 districts, are running to and fro in search of working capital to plant Aman paddy. Some of them are selling assets at lower prices and some are borrowing money from...

Bangladesh-India trade: Business as usual

Asjadul Kibria | 2017-09-23 00:00:00

The latest meeting of the Bangladesh-India Joint-Working Group (JWG) on Trade concluded last week in Dhaka without making any concrete progress. Both sides agreed to address various Non-Tariff Measures (NTMs) and remove different trade barriers. Records, however, show that these...

Chinese co willing to finance Bay Terminal

Syful Islam | 2017-09-22 00:00:00

A leading Chinese comprehensive port-service provider is willing to finance construction of Bay Terminal which the government has planned for easing perennial congestion at Chittagong seaport. Officials said the firm, China Merchants Port (CMport), recently submitted a non-binding expression of...

Six banks under BB scanner

Siddique Islam | 2017-09-22 00:00:00

The central bank has brought around half-a-dozen commercial banks under its close monitoring after it detected anomalies in their recent share market activities.As part of the move, the Bangladesh Bank (BB) has already sought explanation from the banks on activities...

Task the government shouldn't forget

Shamsul Huq Zahid | 2017-09-22 00:00:00

All attention is now focused on Rohingyas coming in their thousands almost every day since the military crackdown began in the last week of August in Rakhine state of Myanmar to drive out minority Muslim population. The government has concentrated...

Alarming breakdown of filial bond

Nilratan Halder | 2017-09-22 00:00:00

She has three sons in the police department -two of them officers and one a constable, a daughter serving as a primary school teacher. Yet septuagenarian Monwara Begum has to beg. The emaciated mother has two other sons -one a...

BIDA scarcely bears fruit yet

Doulot Akter Mala | 2017-09-21 00:00:00

The birth of BIDA hardly bears fruits yet as the authority is still engrossed in setting its own house in order with policy reforms and bringing coordination among stakeholders. Sources close to the Bangladesh Investment Development Authority or BIDA agreed...

Preventing child marriage

Sarwar Md. Saifullah Khaled | 2017-09-21 00:00:00

A widely held view is that community support is very important for properly nurturing children. Creating safe space for children is a precondition for flourishing their latent talents. School children must receive required knowledge and support for their physical and...

Drawbacks of Alternative Dispute Resolution

Tohinur Islam | 2017-09-21 00:00:00

Alternative Dispute Resolution commonly known as ADR denotes a variety of process for settling disputes without litigation, with the consent of the parties to the dispute through negotiation. In the case of Hilmond Investment vs CIBC, the Court of Appeal...

Tapping the potential of pharmaceutical industry

Md Saiful Islam | 2017-09-21 00:00:00

Bangladesh's pharmaceutical industry is now on road to self-sufficiency in meeting local demand. The industry is a big contributor to the national exchequer, and it is the largest white-collar intensive employment sector of the country. Foreign exchange earnings from drug...

Regulating across the Digital Divide

Shamel Azmeh in London | 2017-09-21 00:00:00

The increasing digitisation of the global economy is changing how products and services are produced, distributed, and sold across borders. Technologies like cloud computing, artificial intelligence, autonomous systems, and "smart devices" are spawning new industries, and revolutionising old ones.But, while...

Looming spectre of a new economic non-order

Mohamed A. El-Erian in London | 2017-09-21 00:00:00

Next month, when finance ministers and central bank governors from more than 180 countries gather in Washington, DC, for the annual meetings of the International Monetary Fund and the World Bank, they will confront a global economic order under increasing...

A deep sea port at Sonadia-- prospects and possibilities

Md Shafiqul Islam | 2017-09-21 00:00:00

Establishment of a deep sea port (DSP) has become strategically very critical for Bangladesh considering its potential impact on the accelerated development and economic growth of the country. Such a port will allow the country to reap the benefit of...

Jul-Aug farm credit flow rises 35pc

Siddique Islam | 2017-09-20 00:00:00

The central bank is going to strengthen its monitoring and supervision for ensuring hassle-free disbursement of farm loans, particularly in the flood-affected areas, to facilitate boosting agriculture production.As part of the move, 10 branch offices of Bangladesh Bank (BB) have...