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Remembering a visionary socio-health reformer

Muhammad Abdul Mazid | 2017-09-10 00:00:00

National Professor Dr Muhammed Ibrahim, a great and successful physician, a gifted teacher, a talented organiser and a great reformer was born on December 31, 1911 and died on September 06, 1989. His death anniversary is observed as (Diabetic) Service...

The plight of Singapore migrants from Bangladesh

Sylvia Yu in Hong Kong | 2017-09-10 00:00:00

Uddin thought he was tapping into a financial lifeline for his future and his family back in Bangladesh when he migrated to Singapore for construction work. He was promised a job as a construction site engineer that would pay a...

Rohingyas victims of ethnic cleansing: Myanmar junta looks for fall guy

Maswood Alam Khan | 2017-09-10 00:00:00

An unprecedented ethnic-cleansing campaign, almost akin to a pogrom, has been unleashed against Rohingya people in Myanmar. According to corroborated reports published in newspapers all over the world and according to thousands of eye-witnesses, the military junta in Myanmar have...

Is climate change a Sisyphus block to our growth?

Kazi Anwarul Masud | 2017-09-10 00:00:00

It is commonly believed that economically Bangladesh has done well. Over the last two decades most economic indices show improvement, be it in export, remittance, gross domestic product (GDP), infrastructure (though much remains to be done), external relations, regional connectivity,...

Govt seeks Japanese, Korean funds for building port, ICT

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

The government sought funds from South Korea and Japan for building Paira seaport and Khanpur inland container terminal (ICT) in Narayanganj to lessen shipping pressure on Chittagong Port.Two ministers made the appeal late last month, as funds from Japan and...

Consumer loans see steep rise

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

Consumer financing by the banking sector saw a significant rise during the last year thanks to falling lending rates and rising purchasing power of the country's middle-class. Consumer credit rose 28.22 per cent year-on-year to Tk 369.83 billion in 2016...

DSE market cap, indices hit record high

Babul Barman | 2017-09-09 00:00:00

The Dhaka bourse passed an eventful week that ended Thursday, as the core index of the prime bourse exceeded 6,100-mark for the first time since its inception in January 2013.Market insiders said after several futile attempts in last two weeks,...

Alleviating poverty in the Arab region

Hanif Hassan Al Qassim in Geneva | 2017-09-09 00:00:00

Extreme poverty remains one of the world's biggest challenges. According to the United Nations, 767 million people live in extreme poverty around the world. Although world society has managed to lift nearly 1.0 billion people out of extreme poverty -...

Salinity intrusion - threat to water safety

Md Monirul Islam | 2017-09-09 00:00:00

On July 31, 2017, ministers, senior government officials, businesses, representatives of non-governmental organisations (NGOs) and development partners gathered at the Fourth Consultation of the UN High Level Panel on Water (HLPW) on Valuing Water, at the BRAC Center Inn, Bangladesh....

Bottling Indonesia's Gini

M Niaz Asadullah and Maliki in Jakarta | 2017-09-09 00:00:00

'Last month, scholars, practitioners, and policymakers from around the world gathered at the Indonesia Development Forum to explore solutions to the many forms of inequality that are affecting Indonesia today.' When Indonesia declared independence from Dutch rule in 1945, the...

Turning South Asia's youth into demographic dividend

Selim Raihan and Mahtab Uddin | 2017-09-09 00:00:00

There has been an alarming feature of labour market dynamics in developing countries. There is a substantial size of youth population in the age bracket of 15-24, who are not acquiring human capital through education and training for their future...

Why nationalisation of edn institutions matters

Masum Billah | 2017-09-09 00:00:00

Different organisations of teachers have been on the streets for several months pressing for implementation of the demand to nationalise education. We remember the retired education secretary, Nazrul Islam Khan, once happened to meet the Prime Minister who wanted to...

The impact of partition: A life sketch

Abdul Hannan | 2017-09-09 00:00:00

The partition of the Indian Subcontinent 70 years ago, when the British rule ended in August 1947, has generated much interest in the American and British press and television recently. Surprisingly, there has not been any significant discussion on the...

Community fridge to feed the poor

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

They call it community fridge. It is not because the fridge is used for storing foods for many users under a communal system. Rather, those storing foods there do so for a noble purpose-to feed the hungry or those who...

Railway moves to beef up security system

Munima Sultana | 2017-09-08 00:00:00

Bangladesh Railway (BR) has taken a move to increase its security system in all its stations through installation of luggage and body scanners amid failure to check smuggling including illegal drug trading through different train routes, sources concerned said.The move,...

NBR exempts EPZ factories from 25pc tobacco export tax

Doulot Akter Mala | 2017-09-08 00:00:00

The National Board of Revenue (NBR) has waived 25 per cent tax on export of tobacco products by factories located in the country's Export Processing Zones (EPZs).The customs wing has issued a Statutory Regulatory Order (SRO) dated August 27, 2017...

ACU payments rise amid seasonal import surge

Siddique Islam | 2017-09-08 00:00:00

The country's import payments under Asian Clearing Union (ACU) arrangement increased substantially during the July-August period of this year mainly due to increased imports ahead of Eid-ul-Azha coupled with increased rice import due to flood. The amount of such payments...

Fatal heat wave to hit South Asia

Sarwar Md. Saifullah Khaled | 2017-09-08 00:00:00

According to a new study, as climate change drives heat and humidity to new extremes, venturing outdoors may become deadly across the wide swathes of Bangladesh, India and Pakistan later in the century. Unless the global community ramps up efforts...

Worst ethnic persecution in the new millennium

Nilratan Halder | 2017-09-08 00:00:00

The last vestige of Aung San Suu Kyi's integrity has now fallen apart. She claims rather shamelessly that 'terrorists' are misinforming the world about violence in Rakhine province. Her rhetoric that a 'huge iceberg of misinformation' fed to the world...

The health of global finance today

Hans-Helmut Kotz and Susan Lund in Washington, DC | 2017-09-08 00:00:00

In the decade since the financial crisis began in August 2007, the contours of global finance have shifted dramatically. The total value of cross-border capital flows has shrunk by 65 per cent over the last ten years, a decline that...

Buyers’ credit jumps by 20pc in first half for low interest rate

Siddique Islam | 2017-09-07 12:00:00

The volume of buyers' credit jumped by over 20 per cent in the first half (H1) of this calendar year as importers excessively bank on such cheaper foreign-currency loans.Sources said a section of businesses are deviating from the legal sanction...

Garment buying houses to come under legal framework

Syful Islam | 2017-09-07 00:00:00

The government has moved to bring garment buying houses under a legal framework to ensure their accountability in trade dispute resolution, officials said.Presently, an entrepreneur can start a buying house business obtaining a trade license from any Union Parishad or...

Tax waiver on firms’ salary expenses now conditional

Doulot Akter Mala | 2017-09-07 00:00:00

Employers have to ensure return submission on the withholding tax of their employees having taxable incomes to claim tax waiver on salary expenses. As per provision, the tax benefit on salary expenses will be disallowed from December onwards if the...

Govt set to import 0.2m tonnes of wheat from Russia

Talha Bin Habib | 2017-09-07 00:00:00

The government is set to import 0.2 million tonnes of wheat from Russia under government to government (G2G) arrangement, officials said. A proposal in this regard now awaits approval from the cabinet committee on public purchase, they said. A tonne...

Bogra curd producers make high profit during Eid festival

Emdadul Haque | 2017-09-07 00:00:00

BOGRA, Sept 06: Curd producers of Bogra district are making high profit during the Eid occasion.According the local source, around 400 small, middle and big curd industry have been set up in all twelve upazila of the district to mitigate...

Lessons from 16 inspiring personalities of Bangladesh

ATM Hasibul Islam | 2017-09-07 00:00:00

While a second year student at the Institute of Business Administration (IBA), Dhaka University this writer decided to work on a self-motivated project--writing a book to inspire people and spread the good word. After much hard work and patience, it...

China announces 500 million yuan for BRICS economic and technical cooperation plan

Kimeng Hilton Ndukong | 2017-09-07 00:00:00

BEIJING, Sept. 06: The ninth BRICS summit concluded in the south-eastern Chinese city of Xiamen, Fujian province, on September 05, with a plenary meeting of the five leaders of the bloc.Chinese President Xi Jinping announced the imminent launch by his...

The two pillars of French economic reform

Philippe Aghion and Benedicte Berner in Paris | 2017-09-07 00:00:00

The French government has just announced the guidelines for a new labour code, its first major reform to boost France's economy, by giving more flexibility to companies to adapt to the marketplace. The second major reform sought by President Emmanuel...

To tame Kim before more madmen take birth

Maswood Alam Khan | 2017-09-07 00:00:00

Puzzlingly, the world is now being led by some crazy men who may be generically different from philosophical madmen like our bauls and tantric fakirs but they are no less popular in their respective countries. These madmen have political virtues,...

Paperless trade requires regional cooperation

Asjadul Kibria | 2017-09-07 00:00:00

During the last week of August this year, Bangladesh along with Cambodia and China singed the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific (FA-PT). It is an initiative taken by the United Nations Economic...