Oonagh Fitzgerald and Hector R. Torres in Ontario | 2017-03-20 00:00:00
Donald Trump's presidency is posing fundamental challenges to the rule-based international trading system that has buttressed global growth for decades. But while America's protectionist maneuverings threaten a global trading regime based on legal norms, they may also, paradoxically, help to...
By Jamaluddin Ahmed PhD FCA | 2017-03-19 00:00:00
This article discusses some of the key issues related to audit committees in central banks. Among the issues to consider, when designing an appropriate governance structure, are the prevailing legal tradition and the type and complexity of the central bank’s...
Jamaluddin Ahmed | 2017-03-19 00:00:00
The independence of the members of an audit committee is crucial for making checks and balances of the committee really effective. If the country circumstances so permit, an audit committee should be composed of and chaired by non-executive members to...
Paola Subacchi | 2017-03-19 00:00:00
Industrial policy is making a comeback in many advanced economies. Dismissed out of hand in the go-go 1980s as a contributor to the previous decade's stagnation, it is increasingly viewed as a means to stem working-class voters' defection to right-wing...
Yoon Young-kwan in Seoul | 2017-03-19 00:00:00
The impeachment, and removal from office, of South Korean President Park Geun-hye on charges of corruption and abuse of power has rocked the country's political establishment and divided the electorate. Not since the Asian financial crisis of 1997, rooted partly...
Syful Islam | 2017-03-18 00:00:00
The Bangladesh Bank (BB) has suggested the government take into consideration a number of factors, including the ratio of private sector investment in the country, before allowing investments abroad, officials said. In a recent letter sent to the ministry of...
Siddique Islam | 2017-03-18 00:00:00
The volume of buyers' credit in the country's banking sector increased 14.05 per cent in January last as importers got higher amount of the same taking the advantage of lower interest rates. The size of the credit, channelised through Usance...
Talha Bin Habib | 2017-03-18 00:00:00
The government is set to take up a project involving over Tk 1.06 billion to install state-of-the-art equipment for preventing damage to city buildings from disasters such as earthquake and fire, officials said. The ministry of housing and public works...
Rezaul Karim | 2017-03-18 00:00:00
Biman Bangladesh Airlines (BBA) has constituted a high-powered committee aiming to purchase three Bombardier Dash 8 Q400NG aircraft on US$ 70 million credit from Canada, officials said. The committee will negotiate and finalise agreements with the Canadian Commercial Corporation (CCC),...
Babul Barman | 2017-03-18 00:00:00
Stocks edged higher last week that ended Thursday as optimistic investors continued their buying spree largely on issues under banks, engineering and non-bank financial institutions. Analysts said the banking sector kept the market afloat as investors took position on bank...
Daniel Gallucci | 2017-03-18 00:00:00
Thailand's 4m rice farming households - key constituents in the country's often politically charged paddy fields - are on a downward trajectory of economic hardship and falling rice prices. A much-vaunted government support scheme launched last year has exacerbated the...
Shahidul Islam | 2017-03-18 00:00:00
Intellectuals are the guiding force of a nation. Common people are influenced by the way of their thinking. Those who are meritorious make their mark easily by their creativity. They are the pathfinders of a nation. If one wants to...
Dilip Pal | 2017-03-18 00:00:00
In the previous two instalments published in this section this scribe tried to highlight the importance of investor communication as a value adding tool, the structured approach to building an investor relations platform and its relevant best practices. Now this...
Nilratan Halder | 2017-03-18 00:00:00
It is impossible to remember when people in this part of the world confronted such seasonal quirks. First, there was almost no winter in most part of the country. Then the advent of spring could not be complete before summer...
Jamaluddin Ahmed in the third of a four-part article titled Transparency of a modern central bank for democratic accountability | 2017-03-18 00:00:00
Effective disclosure and integrity help central banks strike a balance between autonomy and accountability. An effective system of central bank reporting, backed up by demonstrably good governance, is instrumental in proper functioning of an autonomous central bank. The challenge is...
Nikhil Seth and Paloma Durán | 2017-03-18 00:00:00
Just this year, public and private stakeholders from around the globe marked the one-year anniversary of the United Nations Sustainable Development Goals (SDGs). The milestone served as an important reminder of the fifteen-year framework that is now in place. The...
Nabil Azam Dewan | 2017-03-18 00:00:00
For the last two decades, Bangladesh has been witnessing a gradual proliferation of information and communications technologies (ICT) - from the introduction of the internet in 1996 to the phenomenal rise of smart technologies like iPhone or Android mobiles. An...
Kaneta Zillur and Nabila Zaman | 2017-03-18 00:00:00
Taxation policy is one of the major tools used by the government to create a sustainable revenue base for implementing public programmes successfully. An efficient tax administration and collection system can generate more resources for the government to spend on...
Munima Sultana | 2017-03-17 00:00:00
The Bangladesh Railway (BR) has cut its annual target of carrying passengers and handling cargo by nearly 50 per cent for the next four years although its capacity for both the services has improved. According to sources, revision of passenger...
Liu Junguo | 2017-03-17 00:00:00
The acknowledgment of Nanjing Massacre by Japanese contemporary best-selling author Haruki Murakami in his new novel represents the voices of justice and conscience, and provides an introspective insight into the historic event from a moral perspective, Chinese expert pointed out....
S. M. Rayhanul Islam | 2017-03-17 00:00:00
Social media is all around us and has become a day-to-day part of our lives. But why do we post messages on the social media? What is the result of the increased emphasis on visual communication? Are we becoming more...
Nilratan Halder | 2017-03-17 00:00:00
It is a serious charge made by none other than Vice-chancellor of the University of Dhaka, Dr. Arefin Siddique. The charge concerns publication of results by the National University (NU) without even checking answer scripts. Sounds incredible! But he cites...
Helal Uddin Ahmed in Beijing | 2017-03-17 00:00:00
The fifth session of the 12th National People's Congress (NPC), the Chinese legislature, commenced on March 05, and concluded on March 15. Side by side, a session of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) also...
Doulot Akter Mala | 2017-03-16 00:00:00
Sadharan Bima Corporation (SBC) may face legal action, including account forfeiture, by government's revenue authority over unpaid corporate tax worth Tk 2.0 billion, officials said. The National Board of Revenue (NBR) might be compelled to attach bank accounts of the...
Rezaul Karim | 2017-03-16 00:00:00
Bangladesh is likely to propose addition of Japanese yen (JPY) as the third currency to the basket of the Asian Clearing Union (ACU) aiming to facilitate payment among its member countries for eligible transactions, officials said. Presently, US Dollar and...
Talha Bin Habib | 2017-03-16 00:00:00
The government has planned to revive talks with Saudi entrepreneurs for investments in Bangladesh as promised during the Prime Minister's visit to the oil-rich Kingdom last year, officials said. "We discussed on the proposed Saudi investments issue with our embassy...
People's Daily of China | 2017-03-16 00:00:00
The "reform and opening up" policy has been repeatedly emphasised by Chinese leaders after it was introduced over 30 years ago. Expert said a new change is that "in the past, China opens wider to outside world by launching more...
Wolfgang Schäuble in Berlin | 2017-03-16 00:00:00
Globalisation is getting increasingly bad press in the West nowadays. Populist movements allege that it does not benefit the average citizen very much, if at all. Instead, they tout protectionism and unilateralism. National policies, whether with respect to trade or...
Jamaluddin Ahmed in the second of a four-part article, titled Transparency of a modern central bank for democratic accountability | 2017-03-16 00:00:00
THE UK AND THE US: The In 1992, the Cadbury Committee issued the Code of Best Practice that recommended that boards of U.K. companies include at least three external directors and that the positions of chief executive officer (CEO) and...
Syed Jamaluddin | 2017-03-16 00:00:00
The National Jute Day was celebrated for the first time in the country. The week-long programme concentrated on rallies and fairs of jute products These activities are geared to promoting various jute products of day-to-day use and handicrafts made of...
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