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Delay in trimming package VAT irks businesses

Doulot Akter Mala | 2017-01-22 00:00:00

Business bodies get restive as the time ticks on towards enforcement of a new VAT law without the government-promised trimming of tax package. Sources in business circles said the apex trade chamber, in particular, expressed its frustration over the delay...

FDI curves down, substantially

Asjadul Kibria | 2017-01-22 00:00:00

Net inflow of Foreign Direct Investment (FDI) into Bangladesh appeared much smaller than what was estimated earlier as the central bank revised the data matching an updated matrix. The FDI netting in the last fiscal year, 2015-16 (FY16), was earlier...

Three transfer stations remain incomplete in Sylhet city

Iqbal Siddiquee | 2017-01-22 00:00:00

SYLHET, Jan 21: Waste disposal is being greatly hampered at the different wards of Sylhet city as the work on the three waste transfer stations couldn't be completed even after the end of its targeted schedule. The Tk 24 million...

\'Community of common destiny a remedy to deglobalisation\'

People's Daily of China | 2017-01-22 00:00:00

President Xi Jinping's speech at the opening session of 2017 World Economic Forum (WEF) revealed China's resolution and confidence to play a major role in current global economic governance as the second largest economy, the People's Daily wrote in an...

Private universities need more support for better outcome

Alauddin Mohammad | 2017-01-22 00:00:00

History of modern civilisation is incomplete without the contribution of the universities. At present, universities are considered the key to socio-economic and overall national development. The rise of middle class and birth of Bangladesh as a nation state is solely...

From economic analysis to inclusive growth

Kemal Dervis and Karim Foda in Washington DC | 2017-01-22 00:00:00

Most economies are seeking a recipe for inclusive economic growth, whereby high rates of investment, rapid innovation, and strong gross domestic product (GDP) gains are pursued alongside measures to reduce income inequality. Conservatives insist that growth requires low taxes and...

Plea to declare five Paira port project components as priority

Syful Islam | 2017-01-21 00:00:00

The Paira Port Authority (PPA) has requested the government to declare five components of the Paira seaport project as priority ones with a view to ensuring their quick implementation, officials said. The country's third seaport in Patuakhali district is set...

Broach banking to RMG workers

Rezaul Karim | 2017-01-21 00:00:00

The finance ministry has received a directive from government high-ups for providing a specific outlook on proposed banking to apparel workers by a new rural bank within this month. Officials said the prime ministers' office (PMO) sent in the instruction...

Stocks extend higher for 12 straight weeks

Babul Barman | 2017-01-21 00:00:00

Stocks extended their bull run for the 12 consecutive weeks that ended Thursday as investors continued their buying spree on large-cap stocks riding on hopes and excitements. Analysts said the Dhaka bourse passed a remarkable week as its key index...

Projecting a touristy Bangladesh

Prof. Sarwar Md. Saifullah Khaled | 2017-01-21 00:00:00

Bangladesh is a beautiful lush-green riverine country with abundant gifts of nature. The country is also rich in Buddhist, Hindu and Mughal cultural heritage. The spots that bear a testimony to this heritage may attract millions of tourists and visitors...

Signs are ominous but there is still hope

Nilratan Halder | 2017-01-21 00:00:00

The winter perhaps took umbrage and was unwilling to make a statement of its own in this predominantly tropical part of the world. But on the concluding day of Poush, one of the two wintry months on Bangla calendar, it...

NPL conundrum in banking sector

Mohammad Nahian Mursalin | 2017-01-21 00:00:00

The issue of non-performing loans has gained increasing attention in recent times because of its rising trend over the past two years. Policymakers, businessmen, and others have been very vocal expressing their concern over the persistence of high nonperforming loans...

Demographic dividend: Nexus between growth and youth employment

Abdul Bayes | 2017-01-21 00:00:00

The Centre for Development and Employment Research (CDER) is a new think-tank that has started its journey. In collaboration with the Bangladesh Institute of Development Studies (BIDS), the centre kicked off recently with a presentation on 'Dynamics of Labour Market...

Why a side hustle is more important for women than man

Renuka Rayasam of BBC in London | 2017-01-21 00:00:00

Ashland Viscosi had a full-time job working in development and marketing at the Austin Film Society in Texas, when an acquaintance offered her part-time work consulting for independent film productions. Viscosi had been thinking about branching out from her full-time...

The difference between right and left-wing populism

Santiago Zabala of Al Jazeera in Barcelona | 2017-01-21 00:00:00

We will remember 2016 not only for the return of populism throughout the West, but also for the blindness of those who could not see the difference between right-wing and leftist populism. This distinction is vital, and overlooking it further...

Revised master plan turns faulty again

Munima Sultana | 2017-01-20 00:00:00

Bangladesh Railway's bid for repairing faults in its 20-year development master plan, designed by foreign consultants, received a fresh blow for wasteful deviations. Sources said the submission of incomplete final draft proposing redoubled investment mainly derailed the rail-development plan conceived...

Govt frames CSR guideline

Doulot Akter Mala | 2017-01-20 00:00:00

The government has framed a draft corporate social responsibility (CSR) guideline keeping a provision for companies that are to be involved in CSR activity compulsorily at a tolerable level. As per the draft policy, eligible companies have to allocate a...

Power division wants more money to execute vision 2021 projects

Rezaul Karim | 2017-01-20 00:00:00

The power division has sought an additional allocation of over Tk 183 billion for the next fiscal year (FY) to accelerate implementation of different projects, sources said. It would be more than 132 per cent higher than that of the...

Bogra cultivators achieve 72,432 tonnes of fish output in current fiscal

Emdadul Haque | 2017-01-20 00:00:00

BOGRA, Jan 19: Around 72,432 tonnes of fish have so far been produced in the district in the current fiscal year 2016-2017. Over 2500 fish farmers of the 12 upazilas have become self-reliant and improved their socio-economic condition through fish...

Indian surrogate mothers grab last chance to make babies ahead of impending ban

Roli Srivastava of Thomson Reuters Foundation in Mumbai | 2017-01-20 00:00:00

Inside a bungalow in a plush residential area of Gurugram, on the outskirts of New Delhi, a group of women in different stages of pregnancy share the hope their babies will be delivered safely - or risk losing the chance...

A stout defence of economic globalisation

Yang Sheng reviewing the keynote speech of Chinese President Xi Jinping to this year's WEF annual meeting | 2017-01-20 00:00:00

Chinese President Xi Jinping has stressed the importance of adhering to economic globalization and opposing protectionism as he delivered a keynote speech last Tuesday at the 47th World Economic Forum (WEF) annual meeting in Davos. The future of globalization, once...

China\'s role in the global economy

Peter Williamson | 2017-01-20 00:00:00

As the world's leaders of business, government and non-profit organisations have gathered in Davos for the World Economic Forum 2017 the economic outlook is full of storm clouds. Decades of increased economic and political integration between countries is under threat...

Traders prove tough nuts for two city corporations

Shamsul Huq Zahid | 2017-01-20 00:00:00

Two city corporations of Dhaka, literally, are in the soup. They are having a tough time in their bids to right a few wrongs. They have been facing strong resistance from the traders involved in both small and medium scale...

In search of inclusive development

Nilratan Halder | 2017-01-20 00:00:00

Norway tops the Inclusive Development Index (IDI) because the Nordic country boasts high and rising living standard, effective social protection and low inequality inclusive of genders. This is further complemented by social mobility, low unemployment, a high proportion of women's...

Digital marketing: The Bangladesh scenario

S M Didarul Hasan concluding his two-part article | 2017-01-20 00:00:00

Let us look at local outlook too. Sharing a recent experience from Bangladesh, ran one TV commercial in April 2016 targeted to age group of 20-35 years who are interested about any form of teas, in Youtube and Facebook where...

Trump, corporatism, and the dearth of innovation

Edmund S. Phelps in Chicago | 2017-01-20 00:00:00

In the United States, a domestic political shift from cosmopolitanism to nationalism, and from left-leaning metropolitan "elites" to right-leaning rural "populists," seems, to many, to be underway. The prevailing economic ideology is also shifting, from a redistributive, regulatory corporatism to...

Workshop on making drone at KUET

Tazdiqul Alam Chowdhury | 2017-01-19 00:00:00

With a view to spreading the knowledge of advanced technology and encouraging the youngsters to involve in technological advancement, ‘Workshop on Making Drone’ was held on December 30 and 31, 2016 at Khulna University of Engineering and Technology (KUET). This...

Use of software in HR management

Nabila Tabassum Haque | 2017-01-19 00:00:00

Without a doubt, the human resources (HR) department is highly critical for a organisation. Its many functions serve as a backbone for the company by providing everything---  from skilled and talented labour to management training services, employee enrichment opportunities and...

Contractors covet foreign ins cover

Syful Islam | 2017-01-19 00:00:00

Most contractors engaged in public-sector investment proposals, having foreign loans, crave for offshore insurance cover despite a legal barrier. Officials disclosed such preference being placed by the bidders although the Insurance Act made it mandatory to get the works insured...

Naogaon sees large-scale cultivation of dragon fruits

Rabiul Islam Tushar | 2017-01-19 00:00:00

NAOGAON, Jan 18: Dragon, a delicious and nutritious foreign species of fruit, is being cultivated commercially in the district. It usually grows in the Southeast Asian as well as Central and South American countries. The Department of Agriculture Extension (DAE)...