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O amar ei Bangla bhasha

writes Zeenat Khan from Maryland, USA | 2016-02-21 00:00:00

Yesterday was a sunny, windless, frozen afternoon as I was walking along the trails in my suburban American town. Above me the sunlight was pouring through the naked branches of the trees without leaves. I was engrossed in thinking about...

The immortal Ekushey

writes Muhammad Abdul Mazid | 2016-02-21 00:00:00

The Bengali Language Movement  which gave birth to the incidence of 21st February in 1952, sixty four years ago, popularly  known as the supreme sacrifice on  Ekushey (the 21st), was a socio-politico cultural  effort in the then  East Pakistan, now...

Govt issues rules on Formalin Control Act

Talha Bin Habib | 2016-02-20 00:00:00

The government has finally issued the rules on the Formalin Control Act 2015, incorporating some strict provisions for checking indiscriminate use of formalin, officials said.       The rules specify the licensing authority and suggest forming committees to monitor formalin trade at...

PMO unhappy over poor execution performance

Rezaul Karim | 2016-02-20 00:00:00

The Prime Minister's Office (PMO) has expressed discontent over the poor performance in implementing a project for setting up a liquefied natural gas (LNG) terminal despite its being a fast-track one. Talking to the FE on Friday, a high official...

Big shops to pay VAT at regular rate

Doulot Akter Mala | 2016-02-20 00:00:00

Though all is set to scrap the package VAT facility from July 1 next, the revenue board is out to exclude the businesses having sizeable turnover from the special facility and make them pay VAT at regular rate of 15...

Stocks edge higher for second week

Babul Barman | 2016-02-20 00:00:00

Stocks posted marginal gain for the two consecutive weeks that ended Thursday as a group of investors booked quick-profit amid surging volatility in the market. Market insiders said most of the investors followed cautious stance while some of them continued...

Money is no problem but spending is

Sarwar Md Saifullah Khaled | 2016-02-20 00:00:00

Most of the people who were born in the British period and consciously passed the Pakistan period are supposed to remember the accusation used to be made against the Eastern Wing (now Bangladesh) high officials that they willfully used to...

Behind the scenes at the Ekushey Book Fair

Nashia Kamal | 2016-02-20 00:00:00

Anisul Hoque is standing at the apex of three small steps, hands crossed behind his back, when a young woman notices him and approaches, a book clasped in her hands. As she extends the book, the title becomes visible: two...

Street children in Bangladesh

Mohammed Norul Alam Raju and Mahfuja Sharmin | 2016-02-20 00:00:00

During the inauguration of World Children Day and Children's Rights Week in October, 2015, Prime Minister Sheikh Hasina asked the ministries of women and children affairs and social welfare to take necessary steps to ensure food, shelter and education for...

Elephant in the city

Nilratan Halder | 2016-02-20 00:00:00

No, Dhaka City was not a theme park, nor was there any attempt to recreate mammoths after the Jurassic Park's fashion but still the visit of the largest land species to the city's commercial hub caused quite a commotion. Fortunately...

Year-long campaign to woo Bangladeshi patients to KL

Ismail Hossain | 2016-02-19 00:00:00

Malaysia Healthcare Travel Council (MHTC) is planning to promote its healthcare in Bangladesh through a year-long campaign to position the Southeast Asian country as a preferred choice for medical tourists. "We will be running an extensive campaign in 2016 in...

Expanding higher education for lifelong learning

S. M. Rayhanul Islam | 2016-02-19 00:00:00

Around the world, the number of older adults is increasing day by day. These people have much to contribute to the development of society. Therefore, it is important that they have the opportunity to learn on equal terms with the...

Why infrastructure matters at micro level?

Abdul Bayes | 2016-02-19 00:00:00

In assessing the impacts on the livelihoods of rural people, sample households and their villages can be grouped into three groups: (a) 'developed' - where both paved roads and access to electricity exist; (b) 'semi-developed' with either paved road or...

Security lessons from ATM scam

Fahimul Huq | 2016-02-19 00:00:00

What if the EBL ATM booth had an automated security system where, anyone spending more than a specific number of minutes would instigate a signal to the EBL security stations? Or what if all the ATM booths had state of...

Wealth tax collection registers 22pc growth

Doulot Akter Mala | 2016-02-18 00:00:00

Payment of wealth tax registered a 22 per cent growth in the last fiscal year over the previous mark, belying a common belief that the number of wealthy people is on a rather faster rise in the country. Some 10,931...

BSEC asks trustee to complete liquidation within 14 days

Mohammad Mufazzal | 2016-02-18 00:00:00

The securities regulator Wednesday asked the Trustee of the AIMS First Guaranteed Mutual Fund to complete the liquidation of the fund within 14 working days, officials said. The regulatory order came after the Supreme Court SC recently stayed the High...

Tk 5.8b extra fund to be sought from Kuwait for Lebukhali Bridge

Munima Sultana | 2016-02-18 00:00:00

The government will seek additional Tk 5.8 billion fund from Kuwait to meet huge financial gap between estimated and contractor costs of the Lebukhaki Bridge project which is to establish direct link of the capital with the southern region. Sources...

New Indian rule puts BD\'s rubber export in jeopardy

Syful Islam | 2016-02-18 00:00:00

A new Indian step has put Bangladesh's rubber export in peril, reducing the price of the item by one-fourth in the domestic market, officials said. Last month, India amended its import policy and specified that natural rubber import will be...

Seminar on career in finance

Tanzeela Rahman | 2016-02-18 00:00:00

BRAC Business School (BBS) in association with Office of Career Services and Alumni Relations (OCSAR) of BRAC University hosted a seminar on "Career in Finance: Future Prospects and Possibilities" at BRAC University Auditorium, Dhaka on the 4th of February, 2016....

Shipping: The uncalled-for row over CDC

writes F R Chowdhury from London | 2016-02-18 00:00:00

For the last few days I have been watching with curiosity various news items concerning the above subject. Most of the merchant marine officers, including all of the unemployed marine academy trained cadets, are opposing issuance of CDC (Continuous Discharge...

Solar irrigation from sustainability perspective

Polin Saha | 2016-02-18 00:00:00

In Bangladesh, fuel-based irrigation is still popular with the farming community. According to the World Bank, Bangladesh spends $900 million every year for one million tons of diesel to run its irrigation system. However, over the years, there has been...

Need for establishing a dynamic and private sector-oriented ecosystem

writes Ahsan Mansur in continuation of his economic analysis on "Creating an investment-friendly policy ecosystem in Bangladesh" appearing in today's issue of the FE on the front page | 2016-02-18 00:00:00

Foreign direct investment (FDI) has represented a small fraction of gross domestic product (GDP) and private investment in Bangladesh. FDI inflow in 2015 reached to $1.7 billion (0.9 per cent of GDP). In 2012, FDI stocks remained below 7.0 per...

Reform of IMF, at last

Hasnat Abdul Hye | 2016-02-18 00:00:00

When an event takes place, long after it is overdue, much of the novelty, not to speak of sensation, wears off.  It does not lose the significance, but bemoans the delay in happening at the opportune time. More worrying is...

Govt moves to form inclusive policy for motorbike industry

Rezaul Karim | 2016-02-17 00:00:00

The government has moved to formulate a comprehensive policy to facilitate the growth of motorbike industry in the country. A draft of the proposed policy is being prepared, officials said. The Ministry of Industries (MoI) has formed a high-powered inter-ministerial...

Move on to open customs missions in 10 countries

Doulot Akter Mala | 2016-02-17 00:00:00

An initiative is afoot now to establish customs missions in ten countries to check duty evasion through under-invoicing, smuggling, money laundering and terror financing, officials said. Customs intelligence and inspection department of the National Board of Revenue (NBR) has decided...

Written-off or ‘forgotten’ loans

Shamsul Huq Zahid | 2016-02-17 00:00:00

The size of the toxic assets of the country's banks, according to the latest statistics of the Bangladesh Bank (BB), stood at Tk.513.71 billion at the end of the final quarter of 2015, representing a 6.0 per cent decline over...

ATM incidents take a toll on electronic transactions

Siddique Islam and Jubair Hasan | 2016-02-17 00:00:00

Banking transactions using the automated teller machines (ATMs) have taken a tumble as the cardholders are shying away from the smart payment system following last week's card forgery, sources said. An analysis of very recent data of such transactions showed...

Time for forensic audit of banks!

Asjadul Kibria | 2016-02-17 00:00:00

The country's state-owned banks (SoBs) are in deep soup. One recent news report says that the banking division of the finance ministry sought Tk 150 billion for replenishing the six SoBs in next three years. Earlier, another report quoted the...

Unlocking the gridlock of poverty

Lamia Mohsin | 2016-02-17 00:00:00

Just how much the normative terminology of 'development' evolved over the years is a question that renders innumerable contentious responses, based on varying value judgments. An attempt to define a monolithic term of such magnitude compels us to encapsulate the...

Bangladesh - to fight terrorism, follow the money

Sunil Sachdev | 2016-02-17 00:00:00

The American film of 1970s titled All the President's Men popularised the idea that to find the source of corruption, investigators must "follow the money." In that spirit, the Counter Terrorism and Transnational Crime unit (just launched in Dhaka) has...