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Eid-ul-Fitr: A festival with a difference

Muhammad Abdul Mazid | 2016-07-05 00:00:00

Eid-ul-Fitr is a unique festival. It has no connection with any historical event nor is it related to the change of seasons or cycles of agriculture. It is not a festival related in any way to worldly affairs. Its significance...

‘Launch owners to lose route permit, if extra fare charged’

Talha Bin Habib | 2016-07-04 00:00:00

The Launch Owners' Association issued a stern warning Sunday against charging extra fares from homebound passengers for celebrating Eid-ul Fitr. It said if any launch owner tries to realise extra money from the passengers during the Eid season, it will...

No control over drug prices as regulator loses bite

Munima Sultana | 2016-07-04 00:00:00

The government has no control over fixing fair prices of medicines in the country although it is committed to ensure quality drugs at affordable rates to people. Sources said the price control committee of the government is dominated by different...

American identity: Ideas, not ethnicity

Michael Jay Friedman | 2016-07-04 00:00:00

Since the United States was founded in the 18th century, Americans have defined themselves not by their racial, religious, and ethnic identity,  but by their common values and belief in individual freedom. In 1782, barely six years after the United...

\'We have to be in this fight together\': An American Muslim diplomat speaks out

Lauren Monsen | 2016-07-04 00:00:00

From 1999 to 2000, M. Osman Siddique served as U.S. ambassador to Fiji, with concurrent accreditations to the kingdom of Tonga and the governments of Tuvalu and Nauru. In a column he recently wrote for the Huffington Post, he recalled:...

Govt revenue from DSE declines 10pc

Babul Barman | 2016-07-04 00:00:00

Sluggish trading activities affected the government's revenue earnings from the Dhaka Stock Exchange (DSE) as it fell 10 per cent in the just concluded fiscal year (FY) 2015-2016 compared to the previous fiscal. Market insiders said on the back of...

How pervasive is regional disparity in primary education in Bangladesh?

Selim Raihan and Mansur Ahmed | 2016-07-04 00:00:00

Sound knowledge on educational performances of different regions across the country can be helpful in the decision-making process for better resource allocation and policy formulation. A multidimensional composite measure of educational development, that captures many dimensions such as access, inputs,...

The future of computing-- begins Cognitive Era

Bruno Michel in Zurich | 2016-07-04 00:00:00

Ever since the American computer scientist John McCarthy coined the term "Artificial Intelligence" (AI) in 1955, the public has imagined a future of sentient computers and robots that think and act like humans. But while such a future may indeed...

Brexit: When ignorance is not bliss

Lamia Mohsin | 2016-07-04 00:00:00

In the era of pervasive globalisation, it would be extremely foolish to simply declare that the geopolitical affairs of another nation should not, or will not have any impact whatsoever on others, let alone concern us. History gave us an...

Operating profits of PCBs show upturn

Siddique Islam | 2016-07-03 00:00:00

Operating profit of the country's private commercial banks (PCBs) showed an upturn in the first six months of the current calendar year. Of the 39 PCBs, 13 marked an upward trend in operating profits while only one witnessed a downturn,...

Businesses fear negative effect of terror attack on export, FDI

Talha Bin Habib | 2016-07-03 00:00:00

Country's leading businessmen and economists Saturday expressed the fear that the Friday's Gulshan restaurant siege by terrorists may affect the inflow of foreign investment (FDI) and exports.    They termed the incident as fatal and unwanted and strongly condemned it. Besides,...

New NBR format for pvt cos to submit salary statements

Doulot Akter Mala | 2016-07-03 00:00:00

In a move to raise more revenue from payroll tax, the National Board of Revenue (NBR) has issued a prescribed format for the private sector employers to submit salary statements of their employees. Such a format was inducted in the...

Rights issues of listed companies drop significantly

Mohammad Mufazzal | 2016-07-03 00:00:00

The number of rights issues and the amount of fund raised by listed companies dropped significantly in the outgoing fiscal year (FY) compared to the previous FY, 2014-15. A total of five companies raised an aggregate amount of fund worth...

Govt ready with Tk 6.0b bailout

Rezaul Karim | 2016-07-03 00:00:00

The government is ready with a Tk 6.0 billion bailout for six cash-strapped financial institutions, including four state-owned banks, competent sources said. They said the money is meant to help the financial outfits meet their capital shortfall, recapitalisation, fund assistance...

Indian Muslim women fight to overturn triple talaq

Shriya Ramakrishnan of Al Jazeera in New Delhi | 2016-07-03 00:00:00

Twenty five-year-old Salma's (name changed to protect identity) life crumbled one morning when her husband forced her and her two young children, aged three and two, from their house in Bhopal, Madhya Pradesh, India. Salma had married in 2010, just...

Abdur Chowdhury, the \'father of trending\'

Paul Coletti of BBC in Washington | 2016-07-03 00:00:00

It's one of those internet phrases that have seeped into everyday usage. Newsreaders tell us a story is trending, editors tell their staff they want interviews to trend and activists want their causes to trend. The goal for many news...

US Supreme Court ends eventful term with a bang

Sébastien Blanc of AFP in Washington | 2016-07-03 00:00:00

US conservatives were expecting some major wins at the Supreme Court this year, but several dramatic twists -- including the death of a justice -- reconfigured the bench and liberals ended up scoring the most influential victories. The high court's...

Morocco goes green, bans use of plastic bags

Aida Alami of Al Jazeera in Rabat, Morocco | 2016-07-03 00:00:00

As a ban on the production and use of plastic bags came into effect across Morocco on Friday, green campaigners say that the country's consumers may need years to fully comply with the new law. A landmark bill passed by...

NATO-Moscow stand-off: Global tension mounts

Sayed Kamaluddin | 2016-07-03 00:00:00

A few weeks ago, America's new military commander of NATO, General Curtis Scaparriti had warned that the US-led alliance "Must be prepared to go to war against Russia at any moment" because of Russia's alleged "aggression towards East Europe and...

The anti-globalisation Brexplosion

Yoon Young-kwan in Seoul | 2016-07-03 00:00:00

Populism, nationalism, and xenophobia all contributed to the victory of the "Leave" campaign in the United Kingdom's recent referendum on membership in the European Union (EU). But these forces float on the surface of a larger sea change: a fundamental...

Brexit Yes - what will happen now?

A.K. Enamul Haque | 2016-07-03 00:00:00

On June 23, 2016 the United Kingdom (UK) voted for YES to exit from the European Union (EU).  The news was a surprise for many. No one, including the Prime Minister David Cameron, expected this to happen but it has...

Govt delegation to visit Indian north-eastern states in October

Talha Bin Habib | 2016-07-02 00:00:00

A government delegation will visit Indian north-eastern states in October aiming to increase country's export, bilateral trade and investment with the next-door neighbour, officials said.   The 12-member delegation will include businessmen of the Federation of Bangladesh Chambers of Commerce and...

Stocks witness roll-back from losses

Babul Barman | 2016-07-02 00:00:00

The last week of the outgoing fiscal year (FY) year ended higher, breaking three weeks losing spell, as optimistic investors took position on large-cap stocks, riding on post-Eid optimism. Analysts said the market witnessed roll-back from losses as pre-Eid sale...

Using performance skills in classroom

Masum Billah | 2016-07-02 00:00:00

In order to continue raising academic standards we need to constantly examine and explore our methods of teaching. We need to observe other teachers' lessons at school and let other teachers do the same in our classes. This will help...

War and persecution driving people from their homes

Sarwar Md Saifullah Khaled | 2016-07-02 00:00:00

A new United Nations (UN) report said wars and persecution have driven more people from their homes than any time before since the United Nations High Commissioner for Refugees (UNHCR) started to keep records. The UN Refugee Agency released the...

Whither multi-banking relationship?

Burhanul Hassan Palash | 2016-07-02 00:00:00

Fifty-six scheduled banks are now operating in Bangladesh with 9,197 branches out of which state-owned commercial banks have 3,673 branches and share of rural branches was 56.80 per cent having 5,224 branches. In these days of open market economy and...

Whither multi-banking relationship?

Burhanul Hassan Palash | 2016-07-02 00:00:00

Fifty-six scheduled banks are now operating in Bangladesh with 9,197 branches out of which state-owned commercial banks have 3,673 branches and share of rural branches was 56.80 per cent having 5,224 branches. In these days of open market economy and...

The scramble for FDI

Rokshana Alam | 2016-07-02 00:00:00

Global foreign direct investment (FDI) flow rose by 38 per cent to $1.76 trillion in 2015, the highest level since the global economic and financial crisis of 2008-2009. However, it still was some 10 per cent short of the 2007...

Benefiting from Trade Facilitation Agreement

Asjadul Kibria | 2016-07-02 00:00:00

Time to operationalise the Trade Facilitation Agreement (TFA) is approaching near. So far, 83 members of the World Trade Organisation (WTO) have ratified the agreement. The agreement will enter into force once two-thirds of the WTO members complete their domestic...

Impact of Brexit on Bangladesh economy: A close look

Altap Hossen | 2016-07-02 00:00:00

June 23, 2016, is a black day for the European Union as the people of the United Kingdom voted in favour of leaving the union. Clearly, it is a massive drive to the European experiment in post world war-II. It...