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West Bengal and Assam election results: Not good news for Bangladesh

M. Serajul Islam from Maryland, USA | 2016-05-25 00:00:00

India had elections at the state level in a number of states including two crucial ones from Bangladesh's point of view. These two states are West Bengal and Assam. In both, particularly Assam, Bangladesh had figured as a crucial issue...

Holding price hike in check during Ramadan

Syed Jamaluddin | 2016-05-25 00:00:00

There is a plenty of supply of commodities which will be of high demand during the holy month of Ramadan. Therefore, price situation should remain normal. The ministry of commerce has prepared a report showing the supply, marketing and price...

Agriculture still a key driver of Bangladesh economy

Hasnat Abdul Hye | 2016-05-25 00:00:00

At the birth of Bangladesh as an independent country agriculture was the mainstay of the economy, contributing over 70 per cent of the gross domestic product (GDP). It employed about 75 per cent of the labour force and allowed 80...

Dhaka to protest Delhi\'s jute goods dumping allegation

Syful Islam | 2016-05-24 00:00:00

Bangladesh has decided to strongly protest the Indian allegation of dumping jute goods at a hearing in New Delhi early next month, officials said. "We are sending jute goods to India at competitive prices. There is no question of dumping...

Import growth registers slight downward trend

Siddique Islam | 2016-05-24 00:00:00

The country's overall import growth witnessed a slightly downward trend in the first nine months of the current fiscal year (FY) due to falling trend of prices of commodities including fuel oil in the global market, officials said. The import...

New VAT law to ‘deal blow to agro-processing industry\'

Rezaul Karim | 2016-05-24 00:00:00

Nearly 500 agro-processing units of the country are likely to suffer a major blow after the new Value Added Tax (VAT) law takes effect from July 01 next, sector insiders fear. According to them, imposition of new VAT will put...

US firms invest in China amid rising tensions

Sayed Kamaluddin | 2016-05-24 00:00:00

Apple and 28 other US enterprises have announced their decision to invest in China to the tune of over $5.14 billion on May 13 and 14 respectively. Apple, the major American technology company, of course, has reasons to be more...

Supply side, demand side, or innovation side?

Edmund S. Phelps in New York | 2016-05-24 00:00:00

It has become impossible to deny the so-called secular stagnation gripping the world's most developed economies: Wealth is piling up, but real wages are barely rising and labour force participation has been on a downward trend. Worse yet, policymakers have...

Mixed development in external sector

Abdul Bayes | 2016-05-24 00:00:00

The Centre for Policy Dialogue (CPD) in its Independent Review of Bangladesh Economy, attempts to analyze the external sector of Bangladesh economy comprising exports, imports and remittances (migration). The Report observes satisfactory growth in exports, subdued imports and reeling remittances....

Stamp duty evasion rampant on taxmen’s lax monitoring

Doulot Akter Mala | 2016-05-22 00:00:00

The government loses substantial amount of revenue due to tampering with state stamps every year, competent sources said. Such leakage of revenue has been taking place as there is hardly anyone to oversee the collection of this duty.             Spot survey...

Metro rail company likely to create 2,000 jobs

Munima Sultana | 2016-05-22 00:00:00

The state-owned metro rail company is likely to create nearly 2,000 skilled and semi-skilled jobs for carrying out administrative, planning and operation related activities of the mass transport system. General consultants working with the Dhaka Mass Rapid Transit Development (DMRTD)...

Corporate Social Responsibility and social development

Muhammad Abdul Mazid | 2016-05-22 00:00:00

Emphasis on social, environmental and economic sustainability has become a focus of many Corporate Social Responsibility (CSR) initiatives.  In theory and practice, CSR is synonymous with corporate conscience or responsible business. By promoting philanthropy for social development, it is a...

A teacher\'s humiliation is entire nation\'s disgrace

Neil Ray | 2016-05-22 00:00:00

Immediately after the breaking of the news of a school teacher's ultimate humiliation in Narayanganj, a most exemplary and highly non-violent reaction came from none other than students. They are the students of the Shahjalal University of Science and Technology...

Three agencies target same corridor for city subways

Munima Sultana | 2016-05-21 00:00:00

Three agencies of the government are making moves to burrow through the same corridor in the city for setting up subways for speedy commuter movement. Bangladesh Railway (BR) and Bangladesh Bridge Authority (BBA) have taken separate steps to construct underground...

MoC to fix prices three days before Ramadan

Talha Bin Habib | 2016-05-21 00:00:00

The Ministry of Commerce (MoC) will fix the prices of essential commodities, to be sold by the Trading Corporation of Bangladesh (TCB) during Ramadan, three days ahead of the holy month, officials said.    "We have asked TCB to procure essential...

Cash-strapped KPM may face closure

Rezaul Karim | 2016-05-21 00:00:00

Karnaphuli Paper Mills (KPM), the largest state-owned paper mill of the country, has run into trouble as its production capacity has declined below 40 per cent mainly due to its age-old machinery, sources said. Since its inception, the paper mill...

BTRC issues revised DTH migration policy

Ismail Hossain | 2016-05-21 00:00:00

The Bangladesh Telecommunication Regulatory Commission (BTRC) has published revised migration policy of DTH (direct-to-home) service guidelines to make it easier and more cost effective for the customers. The revised policy came a week after launching of the country's first DTH...

Thoughts on SSC exam results

Masum Billah | 2016-05-21 00:00:00

The SSC and equivalent examination results of 2016 were published on May 11 with a success rate of 88.29 per cent. This is slightly higher by 1.25 per cent than that of the last year. 11.71 per cent students could...

RMG and impending gas price hike

Sarwar Md Saifullah Khaled | 2016-05-21 00:00:00

China is at present the largest readymade garment (RMG) exporter and its share in the global market is 40 per cent while that of Bangladesh is only 6.4 per cent. Chinese apparel prices will rise significantly in the near future...

Travel and tourism competitiveness: Strategies for BD

Shah Alam Kabir Pramanik | 2016-05-21 00:00:00

Bangladesh has an invigorating mix of mind-blowing scenic beauty, fascinating history, vibrant cultural heritages, archaeological remains, the largest sandy sea beach, unique mangrove, wildlife, flora, fauna and especially the warmth of the people that can attract tourists. Although Bangladesh has...

To medicate or not to medicate Biman

Abdullah Mohibuddin | 2016-05-21 00:00:00

Conservative Party's (present opposition party in the Parliament of Canada) annual convention will be held at Vancouver from 26th May to 28th May, 2016. I have been invited as a delegate giving an opportunity to participate in debate on policy...

Bolt from the blue!

Nilratan Halder | 2016-05-21 00:00:00

A bolt from the blue is an idiom that suggests happening of something quite unexpected. But the original literally meaning too is not much different. It concerns a form of lightning that strikes out of an apparently cloudless sky. It...

Enhancing cooperation among BCIM Forum countries

S. M. Zahedul Islam Chowdhury | 2016-05-21 00:00:00

The concept of the BCIM (Bangladesh-China-India-Myanmar) Forum originated from an initiative of a number of institutions in the four regional countries in August 1999.These institutions converged to establish a platform with a view to encouraging, promoting and developing regional and...

Reflecting on subsidies

Saleh Akram | 2016-05-21 00:00:00

Budget being a statement of income and expenditure of a country for a period of time, the entire financial system comes under spotlight at the time of preparing the country's budget. Budget envisages how the income of the country will...

Bangladesh\'s potential as a regional economic corridor

Md. Joynal Abdin | 2016-05-21 00:00:00

Bangladesh is located at a very strategic position in South Asia. It is connecting countries of the South Asian Association for Regional Cooperation (SAARC) and the Association of Southeast Asian Nations (ASEAN) states. One can reach the doorstep of half...

Expedite classified loan recovery, BB tells SoCBs

Siddique Islam | 2016-05-20 00:00:00

Bangladesh Bank has asked the four state-owned commercial banks (SoCBs) to take vigorous efforts immediately to reduce the volume of classified loans. The public banks have also been advised to go for small and medium scale loans instead of large...

Next budget likely to earmark Tk 90b for agri-inputs subsidy

Syful Islam | 2016-05-20 00:00:00

The budget for the fiscal year 2016-17 is likely to earmark Tk 90 billion to provide the farmers as agri-inputs assistance, finance ministry officials said. The current fiscal budget also earmarked the similar amount for the same purpose which was...

Achieving sound mental health, peace

S. M. Rayhanul Islam | 2016-05-20 00:00:00

The human mind is the most complex machine on Earth. It is the source of all our thoughts and behaviours. Although we cannot see the mind, everything we do, think, feel and say is determined by the functioning of this...

Outlining strategy to deal with NTMs

Asjadul Kibria | 2016-05-20 00:00:00

Non-Tariff Measures (NTMs) have become a very big concern for the bilateral as well as regional trade especially in South Asia. Eight member-countries of the SAARC (South Asian Association for Regional Cooperation) are trading less among themselves as a regional...

Digital divide and digital dividends

Nilratan Halder | 2016-05-20 00:00:00

To go by the rhetoric dished out by the administration every so often on the country's digitisation, one cannot but paint a picture of a highly advanced system of information and communication technology (ICT) guiding the nation soon. However, the...