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Stocks face slight correction on profit-taking

Babul Barman | 2016-08-13 00:00:00

Stocks posted a marginal fall last week that ended Thursday, after remaining upbeat in the previous week, as risk-averse investors opted for quick-profit on sector specific stocks. Analysts said the market faced a mild correction as a section of investors...

Ending child marriage to bridge education gap

M Niaz Asadullah, Md Abdul Alim and Fathema Khatoon | 2016-08-13 00:00:00

Women in most parts of the developing world are under-represented at workplaces and poorly paid. One reason for this is the gender gap in education women tend to be less schooled than men. Two countries that have made progress in...

Basin-wide river management for South Asia\'s prosperity

Sarwar Md Saifullah Khaled | 2016-08-13 00:00:00

It has been some time now that Bangladesh is promoting the idea of basin-wide management of rivers at various levels of interactions with the riparian countries, including in the Bangladesh-Bhutan-Nepal-India (BBIN) forum. Bangladesh has again pitched for efficient management of...

Rules of brainstorming

Masum Billah | 2016-08-13 00:00:00

When a group of people meet to generate new ideas around a specific area of interest, this situation can be called brainstorming which employs individuals' interest, time and trying to go deep into it.  People are able to think more...

Skymile Tower will be the tallest building

Nilratan Halder | 2016-08-13 00:00:00

The Sears Tower (Willis Tower) in Chicago was an architectural marvel when it proudly brushed its shoulder with clouds in the sky. It was the tallest building in the world for 25 years and once a must-see edifice in the...

Challenges of SDG implementation

Md. Mujibul Haque Munir | 2016-08-13 00:00:00

The key challenge for Bangladesh in Sustainable Development Goals (SDGs) is finance needed for its implementation. To achieve the MDGs within the timeline, the annual aid requirement for Bangladesh was estimated at US$ 3.5 billion per year. In actual terms,...

A business model that witnesses a wide embrace

Sajid Amit in the first of a three-part article | 2016-08-13 00:00:00

The distinctive organisational forms adopted by social enterprises throughout the world depend on the existing legal frameworks, on the political economy of welfare provision and also on the cultural and historical traditions of non-profit development in each country. Consequently, the...

Modernising land administration and land use system

Abdul Bayes | 2016-08-13 00:00:00

Dr Monzur Hossain, Senior Research Fellow of the Bangladesh Institute of Development Studies (BIDS), raised the important issue of land management in Bangladesh at the BIDS Critical Conversation 2016, held on April 23-24. The presentation seemed to be very contextual...

Mobile financial service most potent for financial inclusion

T I M Nurul Kabir in the first of a four-part article on 'Financial Inclusion for Sustainable Development' | 2016-08-13 00:00:00

Financial Inclusion (FI) has been broadly recognised as critical in reducing poverty and achieving inclusive economic growth. The ability of inclusive finance to empower low-income populations has now pushed forward FI as one of the essential building blocks supporting the...

BSEC, NBR at odds over 15pc VAT on MFs\' fees

Mohammad Mufazzal | 2016-08-12 00:00:00

Complexities have arisen following a letter of the National Board of Revenue (NBR) on deduction of 15 per cent VAT from different fees of mutual funds (MFs). NBR earlier sent a letter to the Bangladesh Securities and Exchange Commission (BSEC)...

BBA to assess feasibility of city subway

Munima Sultana | 2016-08-12 00:00:00

The Bangladesh Bridge Authority (BBA) has finally been assigned to carry feasibility study on setting up of underground metro rail or subways in the capital after getting nod from the Prime Minister. Sources said, an expression of interest has already...

Equitable provision of early childhood care and education

S. M. Rayhanul Islam | 2016-08-12 00:00:00

Early childhood care and education (ECCE) has become a key concern for education policy-makers and stakeholders. There is mounting research evidence on its benefits for children's capacities and educational achievements as well as its critical role in realising equitable, quality...

Unsafe workplaces responsible for high casualty

Nilratan Halder | 2016-08-12 00:00:00

Workplace fatalities do not make big news unless tragedies on a scale of Rana Plaza, Tazreen and Spectrum take place. In the Rana Plaza tragedy, the country's deadliest industrial disaster ever, about 1,200 workers perished and the number of the...

Is monetary policy in sync with fiscal policy?

Hasnat Abdul Hye | 2016-08-12 00:00:00

Of all the policy instruments used by a government to guide the macro-economic variables along desired trajectory fiscal and monetary policies occupy centre stage. Unlike other policy instruments like trade policy, industrial policy, etc. that concerns particular sectors of the...

Dhaka may ditch FTA plan with KL

Syful Islam | 2016-08-11 00:00:00

The government is set to shelve the move to sign Free Trade Agreement (FTA) with Malaysia, officials said. "A feasibility study has found that the FTA in no way will be beneficial for us. Rather we will incur a significant...

New watchdog to nose out MNCs\' profit shifting

Doulot Akter Mala | 2016-08-11 00:00:00

Government's revenue authority is raising a new watchdog team styled 'resource pool' to nose out profit shifting by multinational companies from Bangladesh illegally. Officials said the National Board of Revenue (NBR) is forming the strong surveillance team with best of...

Tax receipts from DSE down 16pc in July

Babul Barman | 2016-08-11 00:00:00

The government's revenue earnings from the premier bourse fell 16 per cent year-on-year in July, the first month of current fiscal year, compared to the same month in the previous fiscal, as trading volume was on the decline. Market insiders...

Ministry seeks BFID steps on selection of city land

Rezaul Karim | 2016-08-11 00:00:00

The government is planning to set up high-rise staff quarters and flats for its officials and employees at different tiers aiming to address their existing housing scarcity, officials said. The Prime Minister already made her intent known in this connection,...

Challenges to cash in on demographic dividend

Md Khalid Hasan | 2016-08-11 00:00:00

As one of the most densely populated countries with a population density of 1084 people per square kilometer, Bangladesh, despite many of its problems, may feel complacent that about 66 per cent of its population is between 15 and 64...

Narrowing ‘perception gap’

Shamsul Huq Zahid | 2016-08-10 00:00:00

The common people have a very low level of confidence in the ability of the Anti-corruption Commission (ACC), a recent study, conducted by the Bangladesh chapter of Transparency International (TI), has revealed. The revelation, however, is not anything extraordinary. The...

Curbing the menace of militancy

Syed L. Ali Bahram | 2016-08-10 00:00:00

Militant attacks on innocent common people in many countries of Asia, Europe and America in recent times have become a matter of serious concern for everyone across the globe. In most cases, it is the so called Islamic State (IS)...

Spreading wings of consumerism

Saleh Akram | 2016-08-10 00:00:00

Not long ago, there was a time in our country and in many other domains of the developing world when commodity markets were dominated by the sellers and the consumers used to play as mere stooges in their hands. With...

ACC should establish a separate investigation cell

Nironjan Roy concluding his two-part article | 2016-08-10 00:00:00

Massive programmes with long-term goals should  be undertaken with joint collaboration of the Anti-Corruption Commission (ACC) and other regulators, particularly Bangladesh Bank, Bangladesh Securities & Exchange Commission and National Board of Revenue (NBR) to deal with banking corruption. There should...

China\'s appetite for investment abroad is not waning

Sayed Kamaluddin | 2016-08-10 00:00:00

China, once the world's largest recipient of foreign direct investment (FDI), has now emerged as a major foreign investor in the world. It still is attracting sizeable FDI, but the craze has now ebbed for two reasons: first, new centres...

Public transportation in a mess

Asjadul Kibria | 2016-08-10 00:00:00

When the government is apparently complacent with higher economic growth, lower inflation and middle-income status, the mess in the public transport system in Dhaka as well as in the whole country depicts a chronicle of seriously flawed development. The chaos...

An economic myth of Olympic proportions

Andrew Zimbalist in Northampton | 2016-08-10 00:00:00

According to Olympic legend, hosting the Games is an economic boon for the chosen city and country. In reality, the Games are more often a boondoggle, as Rio de Janeiro is finding out. First, consider how the games are awarded...

61 suspects come under ACC probe

Doulot Akter Mala | 2016-08-09 00:00:00

Taking a hot tip from the Panama Papers' leaks, the anti-graft body of Bangladesh has launched investigations against 61 persons on allegations of involvement in siphoning money into offshore businesses and in tax evasion. As part of the massive probe,...

No incentive for errant tanners

Syful Islam | 2016-08-09 00:00:00

The government has decided not to pay any cash incentive to leather exporters who have failed to transfer their factories from the city's Hazaribagh area to Savar Tannery Industrial Estate, officials said. Presently, leather and leather goods exporters get 15...

Issue of graft in banking needs careful handling

Nironjan Roy in the first of a two-part article | 2016-08-09 00:00:00

Chairman of Anti-Corruption Commission (ACC) Iqbal Mahmud said in July that his Commission was keeping its eyes on private bankers and would act if evidence of corrupt practice is found. In this connection, he said, private banks are not private;...

Institutions for rice research

Abdul Bayes | 2016-08-09 00:00:00

The main institutions for rice research in our country are the Bangladesh Rice Research Institute (BRRI), the Bangladesh Institute of Nuclear Agriculture (BINA) and the Bangladesh Agricultural University (BAU), Mymensingh. Besides, the botany and biochemistry departments at various universities conduct...