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Dealing with NTMs: Capacity building of companies

Asjadul Kibria | 2016-03-02 00:00:00

There is a growing concern regarding Non-Tariff Measures (NTMs) in the developing countries, including Bangladesh, as exporters and importers alike are affected by NTMs. The International Trade Centre (ITC), in its NTM business survey on Bangladesh, identified this growing concern....

ADB to give $5b for road dev, metro-rail

Munima Sultana | 2016-03-01 00:00:00

The Asian Development Bank (ADB) is considering funding over US$ 5.0 billion for the country's road and metro-rail development in the next five years. Of the total fund, about $3.0 billion is likely to be spent on three projects in...

Illegal rent-a-car business on the edge of secretariat

Ismail Hossain | 2016-03-01 00:00:00

Muktangan, once marked as an exclusive place for holding rallies and demonstrations, has become a hub of illegal rent-a-car business. The east side of the high-security Secretariat too is now an illegal car parking place. The city fathers have been...

Look into plea for VAT waiver on licence fees

Doulot Akter Mala | 2016-03-01 00:00:00

Finance Minister AMA Muhith has asked the revenue board to weigh the proposal of the apex trade body for Value Added Tax (VAT) waiver on trade licence fees. Exemption of VAT on trade licence fees is a longstanding demand, since...

Govt to extend VAT exemption facility for edible oil traders

Rezaul Karim | 2016-03-01 00:00:00

The government has decided to extend the existing value-added tax (VAT) exemption facility for the country's edible oil traders by one year in order to help keep its price stable in the domestic market, officials said. The decision was taken...

It\'s time to explore business opportunities in Myanmar

writes Sarwar Md. Saifullah Khaled | 2016-03-01 00:00:00

A number of Bangladesh business leaders living in Yangon for more than a decade say as the resource-rich South East Asian country Myanmar is opening up its economy, it offers  plenty of opportunities for businesses. Bangladesh needs to give a...

Too young to wed: Economic consequences of child marriage

Abu Afsarul Haider | 2016-03-01 00:00:00

In a recently held policy dialogue titled "Prevention of Child Marriage in Bangladesh", State Minister for Women and Children Affairs Meher Afroze Chumki said, although the minimum marriageable age of girls will remain unchanged at 18, a rule of the...

Independence & industry—a profile

a 10-part series by Imtiaz A. Hussain examines one sector in one article on each Tuesday and Friday of our month of independence, beginning today and ending on April 01 with an overall appraisal. The first article of the series follows | 2016-03-01 00:00:00

Never a lame question, but how has our industrial base changed over 45 years of independence? Brush-stroking across those 45 years, we find that whereas more than three-quarters of the 75 million people at the time of independence lived on...

Improvement in infrastructure spurs economic growth

Selim Raihan and Sunera Saba Khan | 2016-03-01 00:00:00

Infrastructure plays a decisive role in stimulating long-run economic growth. An increase in the level of infrastructure stock directly helps in reducing poverty and accelerating productivity. Infrastructure also contributes to the development process through the provision of intermediate consumption items...

Banks put more funds in T-bonds

Siddique Islam | 2016-02-29 00:00:00

Banks floating in excess liquidity invested more in treasury bonds in 2015 than in treasury bills (T-bills). Higher yield rates on long-term securities provided the lure, bankers said. However, the yield rates of both the securities saw a substantial decline...

DNCC seeks a chunk of revenue collected by public agencies

Syful Islam | 2016-02-29 00:00:00

The Dhaka North City Corporation (DNCC) has requested the government to provide it with a chunk of revenue being collected by other public agencies from its territory, officials said. It is aimed to help raise its earnings for providing better...

Liquidity: A bigger challenge than capital in Basel-III

write Mohammad Shahidur Rahman Khan and K. M. Kutub Uddin Romel | 2016-02-29 00:00:00

As part of Basel compliance, banks must maintain two new liquidity ratios in addition to adequate capital. By introducing these ratios, namely Liquidity Coverage Ratio (LCR) and Net Stable Funding ratio (NSFR), the Basel committee aims to strengthen banks against...

New breeding ground of billionaires

Neil Ray | 2016-02-29 00:00:00

Beijing is the new world capital of billionaires. It replaces New York, the business and cultural city of the United States, which had reigned supreme before to be home to the largest number of world's richest people. Today the Chinese...

A deliberate failure?

Shamsul Huq Zahid | 2016-02-29 00:00:00

It is now decided that the coal-based power plant at Rampal, a place very much close to the Sundarbans, the world largest mangrove forest, will be implemented despite all the environment-related worries. Environmentalists, it seems, have given up in the...

Is history repeating itself?

writes Muhammad Mahmood concluding his two-part article on BREXIT | 2016-02-29 00:00:00

It is generally argued that Britain historically always has had an ambivalent attitude towards the continental Europe. There are also arguments which run in the opposite direction. One possible argument can be made that British policy towards Europe was largely...

Goods sent by expatriates glut customs houses

Doulot Akter Mala | 2016-02-28 00:00:00

Goods sent by expatriate Bangladeshis have been piling up in the customs houses at the country's ports of entry as perceived ambiguities in the baggage rules block their passage.      Official sources said the situation came to such a pass that...

A full and healthy life is possible with diabetes

Muhammad Abdul Mazid | 2016-02-28 00:00:00

Bangladesh is likely to follow global gender patterns of diabetes - more women than men will live with diabetes. The International Diabetes Federation (IDF) and the World Health Organisation (WHO) predict that the number of women in the world with...

BREXIT - an existential crisis for the EU

writes Muhammad Mahmood in the first of a two-part article on BREXIT | 2016-02-28 00:00:00

The European Union (EU) has agreed recently to a new deal offering a "special status" for the United Kingdom (UK) to forestall BREXIT (exit from the EU) which has been gaining ground for some time in the UK. Whether these...

Japan, BD hold dialogue on ODA policy in Mar

Munima Sultana | 2016-02-27 00:00:00

Japan is set to hold a dialogue on its Official Development Assistance (ODA) policy with the government next month aiming at assessing its guidelines for involvement in different development projects in Bangladesh. Sources said the ODA policy dialogue, the second...

Stocks break two-week winning spell

Babul Barman | 2016-02-27 00:00:00

Stocks fell marginally last week that ended Thursday, snapping two straight weeks of gaining spell, as risk-averse investors booked quick-profit amid lack of clear direction of the market. Analysts said investors mostly preferred to short-term profit booking during the week...

Enlightening learning and Islam

Iftu Ahmed from Aurora, IL, USA | 2016-02-27 00:00:00

During era after era when Islam was being spread around the globe, Muslim rulers patronised Islamic and non-Islamic learning and education for all. There is an example of this fact even in our mother tongue, Bengali. Bengali is a language...

Status of research in privatised education

Mahfuz Ul Hasib Chowdhury | 2016-02-27 00:00:00

To start off with a few words borrowed from Robert McKee, an American author, "Do research. Feed your talent. Research not only wins the war on cliché, it's the key to victory over fear and its cousin, depression." Research and...

Railway service remains in a sorry state

Sarwar Md Saifullah Khaled | 2016-02-27 00:00:00

Railway is the cheapest mode of public transport in the country. Mostly the lower-income groups of people travel by train because the bus fare is higher and waterways are shrinking gradually. Under the circumstances, Bangladesh Railway (BR) authorities have raised...

Hailstorm in the month of Falgun

Nilratan Halder | 2016-02-27 00:00:00

What a shower or two can do to make a spectacular difference in a place was best illustrated by the untimely hailstorm that lashed the city from nowhere. The heavenly white balls piling on streets, lawns and pavements presented an...

Liberalising trade for economic growth

Saleh Akram | 2016-02-27 00:00:00

Trade liberalisation, economic development and growth are long debated issues in the developing world. Interestingly, impact from trade liberalisation is of different dimensions. There are also various dimensions of trade liberalisation policy reforms in different countries. The debate is gaining...

Export of manpower

Saleh Akram | 2016-02-27 00:00:00

Recruitment of manpower from Bangladesh by Malaysia has again been delayed. After a few years of stalemate in manpower export, the incident of delay has given rise to speculations leading to a cause for concern. Although the media sounded a...

Forex reserve hits $28 billion mark

Siddique Islam | 2016-02-26 00:00:00

The country's foreign exchange (forex) reserve crossed the $28 billion-mark for the first time Thursday. The reserve stood at $28.06 billion on the day after making a payment worth $186 million as member quota allocation to the International Monetary Fund...

NBR\'s \'no\' to BTC empowerment

Doulot Akter Mala | 2016-02-26 00:00:00

The National Board of Revenue (NBR) has expressed reservations about proposed empowerment of the Bangladesh Tariff Commission (BTC) by incorporating a provision for taking the commission's advice while fixing tariffs. The revenue board's refusal came following a recent proposal seeking...

Opportunities and imperatives for educational change

writes S. M. Rayhanul Islam | 2016-02-26 00:00:00

Research is a prerequisite for any successful educational planning which can change teaching-learning practices to improve educational outcomes for every learner regardless of their ethnicity, gender; physical, cognitive, emotional or social challenges. The book Research and Educational Change in Bangladesh...

Problems facing migrant workers

writes Hasnat Abdul Hye | 2016-02-26 00:00:00

Problems that the migrant workers have to face both before and after their departure for countries of destinations are not myriad in number but formidable and daunting in nature. Illegal immigrants have to go through an ordeal that is more...