Siddique Islam | 2016-06-17 00:00:00
The overall excess liquidity with the commercial banks decreased slightly in May, following the recent higher credit growth particularly in the private sector, officials said. The excess liquidity fell by nearly 2.0 per cent to Tk 1.17 trillion in the...
Syful Islam | 2016-06-17 00:00:00
The SAARC Development Fund (SDF) has come forward with a line of credit (LoC) for infrastructure projects in Bangladesh, officials said. It will finance projects in energy, power, transportation, telecommunications, environment, tourism, and other areas. SDF will also finance Micro,...
Bambang Susantono in Manila | 2016-06-17 00:00:00
Many parts of Asia have been gripped by searing temperatures and the worst drought in decades. Millions of people face shortages of food or water, leading to the loss of lives, livelihoods, crops, and livestock. As water shortages depress productivity,...
S. M. Rayhanul Islam | 2016-06-17 00:00:00
"In all actions concerning children, whether undertaken by public or private social welfare institutions, courts of law, administrative authorities or legislative bodies, the best interests of the child shall be a primary consideration." - UN Convention on the Rights of...
Nilratan Halder | 2016-06-17 00:00:00
That the government has ordered a halt to operation by 20 pharmaceutical companies is not for nothing. Anarchy has long been reigning supreme in the drug industry. A number of drug manufacturers have been abusing the licences they obtained in...
Imtiaz A. Hussain in the fifth article of a nine-part "Second-string sector survey" series | 2016-06-17 00:00:00
Haute couture (or high-fashion) is both a concept and lifestyle that blends better with an upwardly-mobile society/country than an undeveloped or less developed counterpart. Not surprisingly, the vehicle that drove Bangladesh from the latter towards the former, that is, the...
Muntasir Al Abedin | 2016-06-16 00:00:00
Everjobs Bangladesh, a German based job portal company, arranged the workshop on building up career. This dynamic workshop was held at United International University (UIU) on June 8, 2016. UIU HR FORUM assisted in arranging the event. Everjobs offers suitable...
Ismail Hossain | 2016-06-16 00:00:00
The International Finance Corporation (IFC) wants to facilitate the process of the readymade garments (RMG) sector becoming more competitive, compliant and environment friendly. After Rana Plaza disaster and Tazreen Fashions fire, the IFC, private sector wing of the World Bank...
Shamsul Alam | 2016-06-16 00:00:00
The green revolution based on 'seed, fertilizer and irrigation' that began in the mid-60s of the last century was a 'turning point' in the history of agriculture and over the course of time its tide had gradually washed Bangladesh shores...
Syed Ashraf Ali | 2016-06-16 00:00:00
The last few years witnessed a big rush - a mad rush, to be precise -- for foreign currency borrowings or what is known in the banking parlance as external commercial borrowings (ECB). The rush is fuelled mainly by prevailing...
Shamsul Huq Zahid | 2016-06-15 00:00:00
The 'drought' in private sector credit growth now appears to be easing. Until April last, the growth was 15.16 per cent on a year-on-year basis. Mr. Biru Paksha Paul, chief economist of the country's central bank, says the growth at...
Doulot Akter Mala | 2016-06-15 00:00:00
Country's anti-graft body sees the legal window for mainstreaming undisclosed income on payment of penal tax as a major tool for brining a large chunk of grey economy in the formal channel. The stance of the Anti-Corruption Commission (ACC), however,...
Ziaur Rahman & Syful Islam | 2016-06-15 00:00:00
A ship carrying 1,000 tonnes of steel and iron sheets, bound for Tripura, is scheduled to reach Ashuganj river port on Wednesday morning as Bangladesh and India are ready to launch formal transit trade and transportation. According to officials, with...
Siddique Islam | 2016-06-15 00:00:00
Two more private commercial banks (PCBs) have applied to the central bank for policy supports for adjustment of their capital-market overexposures, officials said. The banks - City Bank Limited and One Bank Limited - are still maintaining more than 25...
Asjadul Kibria | 2016-06-15 00:00:00
Growing for more than 30 years with extensive policy and financial support from the state, the apparel sector is yet to come of age. The industry leaders still clamour for support and incentives on different pleas. Right at this moment,...
Abdul Bayes | 2016-06-15 00:00:00
Driving by the side of a paddy field or walking through green leaves, one hears the sounds of machines used in farming. Farming has become now more mechanised than ever whether to lift ground water for irrigation or to till...
Muhammad Abdul Mazid | 2016-06-15 00:00:00
Since the early 2000s, the term "financial inclusion" has been gaining importance as a result of findings about financial exclusion and its direct correlation to poverty. Micro credit as a concept and system has been an asymmetric evolution ahead of...
Hasnat Abdul Hye | 2016-06-15 00:00:00
Leaders of industrially developed countries named G-7 (Group of 7) met in Japan in the last week of May for two days to discuss issues of global concern. What attracted observers as most curious about this meeting was the retro...
Rezaul Karim | 2016-06-14 00:00:00
The government is set to adopt a comprehensive policy to execute Public-Private Partnership (PPP) projects through government-to-government (G2G) arrangement. The policy would aim at wooing foreign governments to invest in projects as co-partners of Bangladesh government, officials said. The PPP...
Talha Bin Habib | 2016-06-14 00:00:00
The Bangladesh Competition Commission (BCC) is yet to start functioning in full swing due to 'undue' delay in preparing its organogram and necessary rules, officials said. Though the government has appointed Md Iqbal Khan Chowdhury as the chairman of the...
Siddique Islam | 2016-06-14 00:00:00
The central bank has intensified further the buying of US dollar from banks to keep the inter-bank foreign exchange market stable ahead of the Eid-ul-Fitr festival, officials said. Under the latest move, the Bangladesh Bank (BB) bought US$50 million from...
M. Serajul Islam from Maryland, USA | 2016-06-14 00:00:00
The two parties, the Democratic Party and the Republican Party, both now have their presumptive nominees for the November 08 presidential election weeks ahead of their respective national conventions. Even recently, there were serious speculations in the media that both...
Sayed Kamaluddin | 2016-06-14 00:00:00
While still vacillating about the Chinese President Xi Jinping's signature initiative of One Belt, One Road (OBOR) or the new Silk Road project, India, of late, seems to be toying with the idea of developing its own connectivity network in...
Francis De Silva | 2016-06-14 00:00:00
While formal education is a critical channel for skills-development, it is not the only channel. There are also opportunities for those who have missed out on formal schooling, such as basic skills training, literacy courses, non-formal vocational training, on-the-job training...
Imtiaz A. Hussain in the fourth article of a nine-part "Second-string sector survey" series | 2016-06-14 00:00:00
ICT State Minister Zunaid Ahmed did not mince his words in a pre-"Biztech B2B Conference" at the Bangabandhu International Conference Centre on May 08, 2016: expand the ICT (information and communications technology) market to $5 billion by our 50th birthday...
Siddique Islam | 2016-06-13 00:00:00
The central bank is scrutinising the flow of commercial banks' credit to different sectors and assessing its impact in the context of the country's economic growth, officials said. This is being done under an ongoing study. "It is important that...
Munima Sultana | 2016-06-13 00:00:00
The government has finalised the draft of the Bus Rapid Transit (BRT) Act providing special rights of land acquisition for projects like Padma Bridge and Metro Rail to the authorities concerned and provision for punishment to offenders under criminal procedure....
Syful Islam | 2016-06-13 00:00:00
The Bangladesh Shipping Corporation (BSC) has taken a move to buy ten mother vessels to carry an entire load of fuel oil for Bangladesh Petroleum Corporation (BPC) and coal for power plants to be established in the country, officials said....
Mohammad Wazed Ali | 2016-06-13 00:00:00
Eid sales have started gathering momentum at different city markets and shopping centres as one of the greatest festivals of the Muslims nears, traders said. During visits to some key markets and shopping malls including New Market, Bashundhara City, Elephant...
Kishore Kumer Basak and Shashish Shami Kamal | 2016-06-13 00:00:00
The proposed budget for FY 2016-17 has set the target for gross domestic product (GDP) growth at 7.2 per cent. In order to achieve this growth, an additional Tk. 802.17 billion (80,217 crore) or 1.5 per cent of GDP is...
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