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Turning crisis into success in Germany

Kemal Dervis in Berlin | 2016-05-16 00:00:00

According to an early May opinion poll by ARD DeutschlandTREND, the far-right Alternative for Germany (AfD) party's popular support now stands at 15%, up from around 5.0% a year ago. Can this dangerous trend be reversed? The AfD's rise since...

Struggling RMG, Teesta fiasco and Indo-Bangla relations

M. Serajul Islam | 2016-05-16 00:00:00

I rented a service apartment in Gulshan for a few months recently. I was surprised to find in the premise a good number of people who did not speak Bengali. These people were not western but looked like us but...

Urban-rural divide in education

Neil Ray | 2016-05-16 00:00:00

If the rich-poor divide has always determined the destiny of education for particular classes, that of the urban-rural one was not so conspicuous in the past. But the rural-urban barrier is proving increasingly difficult to overcome for students. Polarisation of...

New VAT law and voiceless consumers

Shamsul Huq Zahid | 2016-05-16 00:00:00

The new value added tax (VAT) and supplementary duty (SD) Act-2012, set to be enforced from July 01 next, has created serious concern among businesses. The chamber bodies and trade associations have been vocal against some provisions of the law...

Uncertainty grips new VAT law launch

Doulot Akter Mala | 2016-05-15 00:00:00

Field officials are in doubt about the enforcement of the new VAT law from July 01, despite the finance minister's vow to push it through, as the groundwork is seen inadequate. Moreover, trade chambers have sought modifications of its provisions,...

Manna from helicopters

Michael Biggs in London | 2016-05-15 00:00:00

In recent years, the global economy has been plagued by inadequate demand and the rising risk of deflation. Central banks have responded with a range of unconventional measures, including quantitative easing (QE) and negative interest rates. Today, however, there is...

Single issue shouldn\'t cloud bilateral relations

Jubair Hasan from Islamabad, Pakistan | 2016-05-15 00:00:00

Sticking to their stance that the trials of suspects in wartime crimes in Bangladesh are 'politically motivated', Pakistan foreign secretary Aizaz Ahmed Chaudhry, however, said the bilateral relations 'should not be clouded' by a single issue. He said both the...

Move to increase facilities on Dhaka-Kolkata train

Munima Sultana | 2016-05-15 00:00:00

Bangladesh Railway (BR) has taken a move to increase passenger capacity of and facilities on Dhaka-Kolkata Moitree Express, the country's first inter-country train service connecting the neighbouring Indian state. Officials said the train, which runs twice a week from both...

Govt finalises master plan to conserve energy

Talha Bin Habib | 2016-05-15 00:00:00

The government has finalised energy efficiency and conservation master plan aiming to reduce per GDP energy intensity by 20 per cent by 2030, thus saving considerable amount of foreign currency needed to set up power plants.   The master plan on...

Bangladesh shines in exports

Sarwar Md. Saifullah Khaled | 2016-05-15 00:00:00

The Export Promotion Bureau (EPB) recorded the country's export earnings in the first 10 months of the current fiscal year 2015-2016 rising by 9.22 per cent over the figures of the corresponding period of the last fiscal year 2014-2015. The...

Coal-fired power plants versus renewable energy

Mustak Ahmed Shimul | 2016-05-15 00:00:00

Bangladesh government has undertaken a massive plan to set up high-capacity imported coal-based power plants to meet the growing demand for power by providing less expensive electricity. The government has a plan to generate around 20,000MW of coal-fired electricity by...

Govt to guarantee $200m for financing oil imports

Rezaul Karim | 2016-05-14 00:00:00

The government will issue a US$200 million counter-guarantee to the central bank for financing oil imports by Bangladesh Petroleum Corporation (BPC), officials said. A top finance official said the fund would be sourced from the International Islamic Trade Finance Corporation...

Stocks inch down amid cautious trading

Babul Barman | 2016-05-14 00:00:00

Babul Barman Stocks slipped into the red last week that ended Thursday, after remaining upbeat in the previous week, as risk-averse investors booked quick profits. Market insiders said the retail investors opted for quick-profit on stocks that moved significantly in...

Health care system in Canada

Abdullah Mohibuddin | 2016-05-14 00:00:00

I have been living in Canada for the last 2 years. By this time, I have spent two summers and two falls. I came across the beautiful scene while travelling during the fall season. The simplicity of a colourful maple...

Shaping up next education budget

Masum Billah | 2016-05-14 00:00:00

We are undoubtedly making great strides in the social, financial and educational fields. In achieving the MDGs (millennium development goals) including education Bangladesh has drawn the attention of others in bringing children to school and ensuring girls' education. In order...

Where message of Mother\'s Day is yet to reach

Nilratan Halder | 2016-05-14 00:00:00

On the Mother's Day last Sunday, a mother was beaten to death by her own son. The reason, he suspected her to be the cause of his fourth wife's unannounced departure from home. Little introduction is needed to describe the...

Tasting Chinese soup at home

Abdul Bayes | 2016-05-14 00:00:00

If one is asked to name two sectors that lubricate the wheels of the Bangladesh economy and substantially contribute to poverty reduction, surely remittance and readymade garments (RMG) would immediately be on everybody's lip. Researchers have shown that headcount poverty...

Basic Bank again seeks Tk 26b to meet capital shortage

Syful Islam | 2016-05-13 00:00:00

Problem-ridden Basic Bank has again sought Tk 26 billion afresh to meet its capital requirement under Basel-II, officials said. The bank's managing director Khondoker Md. Iqbal in a letter to the Ministry of Finance this week made the request asking...

NBR collects 70pc of revised revenue target in July-Mar

Doulot Akter Mala | 2016-05-13 00:00:00

The National Board of Revenue (NBR) collected 70 per cent of its revised revenue target in the first three quarters until March, with hopes running high to achieve its target in the current fiscal year (FY) 2015-16. The board collected...

PPA seeks 80pc waiver on Payra Port charges

Rezaul Karim | 2016-05-13 00:00:00

Payra Port Authority (PPA) has sought 80 per cent waiver on Payr Port use and other charges for the next two years from the government to encourage importers use the port, officials said. The port authority has recently submitted a...

Youth employment for inclusive development

S. M. Rayhanul Islam | 2016-05-13 00:00:00

Young people are the most strong, self-confident, creative and productive guiding force of any nation. There is an increasing evidence base to show that investing in youth, and more specifically productive employment of (and for) youth, is vital for economic...

Eviction without resettlement

Mohammed Noru Alam Raju and Bipasha Dutta | 2016-05-13 00:00:00

In January 2016, a massive eviction drive was launched against Kallyanpur PoraBosti at Natun Bazar area without any prior notice and rehabilitation plan. The Housing and Building Research Institute (HBRI), local police and outsiders conducted the eviction jointly. At least...

Advertisement beyond facts

Nilratan Halder | 2016-05-13 00:00:00

A set of artificial teeth dipped in a half-full glass mug of water shivers whenever a refrigerator's door is opened, allowing release of chilly moisture directly towards the mug. An old man to whom the set of teeth belongs sits...

NBR issues guidelines for scrutiny of suspect tax files

Doulot Akter Mala | 2016-05-12 00:00:00

The National Board of Revenue (NBR) has issued guidelines for auditing suspect tax files, including of those who do not deposit monthly house-rent income above Tk 25,000 through banking channel. Field-level tax officials would go by the guidelines for auditing...

Youths discuss, negotiate and debate on current issues

Asibul Islam Anik | 2016-05-12 00:00:00

It was a dream of every student of Rajshahi University to arrange an international Model United Nations (MUN) conference in Rajshahi. In MUN conferences students participate as the delegates of different member countries of United Nations (UN). They form committees...

Reducing wealth inequality through financing SMEs

Noore Alam Siddiqui | 2016-05-12 00:00:00

According to a research conducted recently by Credit Suisse, Oxfam and the Washington Post, global inequality is growing fast and half of the world's wealth now lies in the hands of just 1.0 per cent of the world population. About...

Joblessness, foreign workers and education system

Muhammad Quamrul Islam | 2016-05-12 00:00:00

At a colloquy organised recently by the Bangladesh Institute of Development Studies (BIDS), business leaders mentioned two important things. The vice-chairman of Beximco Group Salman F Rahman, who is also a former president of the Federation of Bangladesh Chambers of...

Going global in education

Masum Billah | 2016-05-12 00:00:00

'Going Global 2016' education conference with the theme of 'Building Nations and Connecting Cultures: Education policy, economic development and engagement' took place in Cape Town on May 3-5. It drew 1,000 participants from across the world and among them 500...

Why Piketty advocates release of detailed income tax data

Asjadul Kibria | 2016-05-12 00:00:00

Thomas Piketty has rocked the world by his monumental work 'Capital in the Twenty-First Century.' The book sheds light on income and wealth inequalities in the developed countries by using income tax data.  He said that the work was possible...

Letting coal rest eternally

Shamsul Huq Zahid | 2016-05-11 00:00:00

The prospect of exploiting a substantial volume of high quality coal reserves in Bangladesh in the near future appears to be slim. Despite all the controversies, there was a faint hope that the government would one day start lifting coal...