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Govt sits today to devise strategy for APG meet

Rezaul Karim | 2016-04-25 00:00:00

The government will sit today to discuss necessary strategies on ongoing anti-money laundering (AML) and anti-terrorist financing efforts ahead of its meeting with an international organisation later this month, officials said. The meeting today is set to review progress on...

Financing in international trade: An overview

Sarder Nurul Amin | 2016-04-25 00:00:00

Unlike domestic trade, international business can not be performed without the involvement of banks of both buyer and seller as a standard foreign currency is involved for payment of the goods. That is why international trade is also called foreign...

The Fed\'s gamble on surplus labour

Larry Hatheway in London | 2016-04-25 00:00:00

In recent weeks, the US Federal Reserve has buoyed markets by adopting a more gradual approach to policy normalisation. Fed Chair Janet Yellen's most recent public remarks, in late March, were more dovish than anticipated. And, at its last meeting,...

When social refinement becomes a casualty

Neil Ray | 2016-04-25 00:00:00

A man is shouting at the top of his voice on his cell phone (mobile). It does not go with refined taste even if someone vents out his anger thus within the four walls of his home. But when a...

Mobility in land ownership and occupation

Abdul Bayes | 2016-04-25 00:00:00

The household-level endowment of land is very low in Bangladesh because of extreme population pressure. Bangladesh now supports a population of about 160 million with an arable land of about 8.0 million ha. The latest Agricultural Census  enumerated 17.8 million...

White collar crime: Bangladesh perspective

Dilwar H Choudhury | 2016-04-25 00:00:00

White collar crime is an urban phenomenon, an offshoot of the urban affluent society. It is different from street crimes in that it is non-violent. Its impact is not felt immediately but the ripple effect of a single financial scam...

Chinese firm to build economic zone in Ctg

Doulot Akter Mala | 2016-04-24 00:00:00

A high-powered committee has selected China Harbour Engineering Company Ltd (CHEC) to develop an economic and industrial zone in Anwara of Chittagong, where some major Chinese industries are likely to be relocated. Officials said the committee recently submitted its report...

Kuwaiti PM arrives in Dhaka on May 3

Talha Bin Habib | 2016-04-24 00:00:00

Bangladeshi businessmen will put forward a set of proposals to the Kuwaiti Prime Minister during his three-day official visit to Bangladesh early next month. The proposals include setting up of a crude oil refinery plant and investment in plastic sector...

Stocks extend losing spell for two weeks

Babul Barman | 2016-04-23 00:00:00

Stocks extended their losing spell for the two straight weeks that ended Thursday as cautious investors' selling spree continued amid mixed trend of earnings and dividend declarations. Market insiders said investors were mostly cautious as the government is yet to...

Teacher-student relationship: How should it be?

Masum Billah | 2016-04-23 00:00:00

Karn Wilkins asks whether with the growing use of IWDs, wikis, blogs, VLE and apps we are losing the vital rapport we have with our learners. By mediating our teaching through technology, are we losing or changing the student-teacher relationship?...

Recalling the Bard 400 yrs on

Asjadul Kibria | 2016-04-23 00:00:00

If April is the 'cruellest month', as dubbed by T S Eliot in his The Waste Land, then today's (April 23) celebration across the world has sidelined the cruelty for the time being. This is nothing but turning the sorrow...

Stolen childhood

Nilratan Halder | 2016-04-23 00:00:00

One wonders what today's children will be nostalgic about. To be nostalgic, one must have association of memory with so many things that have either captured their imagination, pleased them with sights and sounds all around. In cities and towns,...

The case against helicopter money

Michael Heise in Munich | 2016-04-23 00:00:00

Despite years of expansionary monetary policy, the European Central Bank (ECB) has failed to push inflation back up to its target of "below but close to 2%." The latest measures - a zero interest rate on the ECB's main refinancing...

Partnership in supply chain management

Anwar Faruq Talukder | 2016-04-23 00:00:00

Businesses that are involved with forward and backward linkage fall under a supply chain. In today's business world, supply chain management is very crucial and important for uninterrupted services. Supply chain management is the management of the flow of goods...

Germany\'s costly fiscal fetish

Hans-Helmut Kotz in Frankfurt | 2016-04-23 00:00:00

The European Central Bank (ECB) is under heavy attack in Germany, a country that has long prided itself on defending the principle of central-bank independence. Indeed, it was Germany that pushed for this principle's inclusion among the criteria set out...

Opting for international factoring

Saleh Akram | 2016-04-23 00:00:00

International factoring is rated as a better alternative to letter of credit as a means of payment for transaction of cross-border trade. The idea has come to the fore recently in Bangladesh because of persisting complications arising out of trade...

Rising non-farm vocations

Abdul Bayes | 2016-04-23 00:00:00

With the passage of time, poor households in rural Bangladesh have increasingly been linked to rural non-farm activities (RNFA) for livelihoods. This is not surprising given their perceived fluctuations in earnings following from swings in output levels. Thus, more often...

Govt to cut bank borrowing target by 18pc this fiscal

Siddique Islam | 2016-04-22 00:00:00

The government is set to slash its bank borrowing target by more than 18 per cent for the ongoing fiscal year (FY), 2015-16, mainly due to lower implementation of the Annual Development Programme (ADP). The Ministry of Finance (MoF) has...

NBR to integrate BIN with TIN

Doulot Akter Mala | 2016-04-22 00:00:00

The tax authority will integrate Business Identification Number (BIN) with Taxpayers Identification Number (TIN) through online to help the taxmen verify data on the taxpayers. Information on income taxpayers and VAT payers will be shared with each other under the...

Promoting gender equality in teachers\' training

S. M. Rayhanul Islam | 2016-04-22 00:00:00

Gender equality in education ensures that women and men, girls and boys have equal access to learning opportunities, apart from fair treatment in the teaching-learning processes, equitable outcomes and advancement in all spheres of life. However, gender inequalities around the...

Developing a decent culture of eating out

Nilratan Halder | 2016-04-22 00:00:00

A drive launched on Sunday last against restaurants and eateries preparing and serving food in unhygienic conditions in the capital has not drawn much attention. But this is perhaps for the first time that a coordinated and concerted move has...

US elections: Bernie Sanders pitches for Palestine in Israel-Palestine conflict

M. Serajul Islam from Maryland, USA | 2016-04-22 00:00:00

The 9th Democratic debate between Hillary Clinton and Bernie Sanders held at the latter's urging prior to the extremely important primary in New York was held in Brooklyn on April 14. The New York primary will be held on Tuesday,...

World steel glut and China\'s role

Sayed Kamaluddin | 2016-04-21 00:00:00

As the world's second largest economy and the largest exporter of goods, China has once again hit the headlines in the world media - both print and electronic. Of course, China's hogging global media headlines is no longer news, but...

Electronic tender: Public money counts

Shafiul Alam | 2016-04-21 00:00:00

It sounds good that the Mayor of the Dhaka North City Corporation (DNCC), Anissul Haq, has turned down a plea of some of his Councillors to shift away from e-tender. The logic they raised at a recent meeting, according to...

Tax havens undermine the fight against poverty

Sarwar Saifullah Khaled | 2016-04-21 00:00:00

On April 14, 2016 the world's leading economies took a step toward denying tax evaders and money launderers around the world the opportunity to hide behind anonymous shell companies. Acting in the wake of the Panama Papers scandal, finance chiefs...

Wait only for SRO to kick-start

Syful Islam | 2016-04-20 00:00:00

A government SRO stipulating the freight fee is now the only instrument awaited to kick-start transhipment of Indian goods through Bangladesh's Ashuganj port anytime soon, officials said.        Responding to India's repeated call for starting procedures of transhipment of its goods...

Farm mechanisation -- a strong candidate for fiscal concession

Shamsul Huq Zahid | 2016-04-20 00:00:00

The next national budget is not far away and it's time for almost everybody to seek a few fiscal concessions from the revenue authorities. The National Board of Revenue (NBR) has made it more of an annual ritual to sit...

BMET to get UK\'s skill dev accreditation authority

Munima Sultana | 2016-04-20 00:00:00

Bangladesh is going to emerge as an international accreditation authority in skill development, which is likely to open market for the country's labourers in the European market. Official sources said Bureau of Manpower, Employment and Training (BMET) is about to...

BB wants account of all banks\' rescheduled loans

Siddique Islam | 2016-04-20 00:00:00

The central bank, now under a recast management following a big cyber-heist, has sought information on both rescheduled and restructured loans from all the banks for a reappraisal.   Official sources said the stocktaking of bailed-out loan portfolios is meant for...

Govt eyes correspondence banking with Russia

Rezaul Karim | 2016-04-20 00:00:00

The government has initiated a move to establish correspondence banking arrangement with the Russian Federation aiming to facilitate bilateral trade between the two countries, officials said.   As part of the move, a government delegation will visit the federation to negotiate...