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Uncertainty follows Obama exit

Shamsul Huq Zahid | 2017-01-13 00:00:00

As described by the CNN in a recent report, popular but politically humbled, Barack Obama leaves the White House as the President of the world's number one superpower and the richest country, the United States, on January 20 next. And...

Textbook imbroglio

Nilratan Halder | 2017-01-13 00:00:00

If anything, it is a multi-dimensional textbook imbroglio this time. First, a decision has already been taken to reduce the number of textbooks for students of class VI, VII and VIII from 14 to nine from 2019. This is only...

SDG: Top priority accorded to accuracy of data

Shamsul Alam in the second of a three-part article on SDG implementation | 2017-01-13 00:00:00

The government of Bangladesh has done the exercise of SDG Data Gap Analysis with the assistance of all data-generating agencies including the National Statistical Organisation (NSO) of Bangladesh viz. Bangladesh Bureau of Statistics (BBS). The study reveals that of 230...

Taxmen on joint hunt to net in potential IT, VAT payers

Doulot Akter Mala | 2017-01-12 00:00:00

A joint hunt has been launched by income tax (IT) and VAT wings of the revenue board for netting new income taxpayers and detecting businesses ducking out of VAT registration across the country. The National Board of Revenue (NBR) has...

BB cuts mobile banking ceiling to check scams

Siddique Islam | 2017-01-12 00:00:00

The central bank cut down transaction ceiling on mobile banking to check illegal financial operations through misusing the quick-fire mobile financial services (MFS). Under the restricted provisions, daily maximum transaction limit on cash-in came down to Tk 15,000 from Tk...

Investors and CEOs share formula for startup success

FE Special | 2017-01-12 00:00:00

Preneur Lab and Edward M. Kennedy (EMK) centre co-organised another roundtable discussion of CXO Hub on ‘Startup Investment Stories’ on January 07 evening at EMK centre premises in Dhanmondi, Dhaka. The event brought together different stakeholders of the startup ecosystem....

Project awaits two more years\' extension

Iqbal siddiquee | 2017-01-12 00:00:00

SYLHET, Jan 11: An early flood control and irrigation project for six low-lying districts, the haor region, is about to get another two-year extension. With a target to save 289,000 hectares in about 52 haors in Sunamganj, Sylhet, Habiganj, Moulvibazar,...

The debate over school textbooks

Pamelia Khaled | 2017-01-12 00:00:00

Use of language in Bangladesh school textbooks is spurring battles across the country. The nation is divided on school textbooks that were distributed recently to school students all over the country. Teachers, educators, parents, social groups and lawmakers are protesting...

Mitigating air pollution

Saleh Akram | 2017-01-12 00:00:00

Air pollution is a global phenomenon. The two major sources of air pollution in Bangladesh, e.g., vehicular emissions and industrial emissions are mainly concentrated in cities. Moreover, in order to accommodate the growing population, high-rise structures are being constructed and...

Trade growth reflects buoyancy

Asjadul Kibria | 2017-01-12 00:00:00

International trade of Bangladesh has passed another year of buoyancy against the backdrop of global slowdown as well as some internal shocks. Sluggish global demand was particularly a matter of concern for external trade. Overall export earnings in 12 months...

SDG: Drawing up implementation roadmap

Shamsul Alam in the first of a three-part article on SDG implementation | 2017-01-12 00:00:00

It is well recognised that the Sustainable Development Goals (SDGs) are all inter-connected in a system. We cannot aim to achieve just one Goal. Rather we have to achieve all of them, which are called the characteristics of 'integration'. However,...

Dhaka likely to ink trade deal with EEU

Syful Islam | 2017-01-11 00:00:00

Bangladesh is likely to ink a deal with Eurasian Economic Union (EEU) for paving the way for duty-free access to the Russian market and exploring untapped export potential in East European markets, officials said. The ministry of commerce (MoC) recently...

NBR task force to carry out drive at 15 cos in city

Doulot Akter Mala | 2017-01-11 00:00:00

A task force constituted by the National Board of Revenue (NBR) has decided to visit some 15 organisations in the capital aiming to detect tax evasion by their foreign workers through concealment of their actual incomes. Employers of the companies...

Taka depreciates against US dollar again

Siddique Islam | 2017-01-11 00:00:00

The Bangladesh currency depreciated maximum six paisa against the US dollar in a single-day knock Tuesday, after nearly two weeks' interval. According to treasury officials of commercial banks, the dollar was quoted at Tk 78.70-Tk 78.76 on the inter-bank foreign...

Shitalakhya Bridge cost set to rise again

Munima Sultana | 2017-01-11 00:00:00

The government is set to raise the project cost of third Shitalakhya Bridge again following the quoting of different higher expenses than estimated. Sources said Chinese company Sinohydro won the work to construct a third bridge over river Shitalakhya against...

Iran\'s reformists stand to lose from Rafsanjani\'s death

Omid Khazani of Al Jazeera in Tehran | 2017-01-11 00:00:00

Akbar Hashemi Rafsanjani, the former president of Iran who died on Sunday evening at the age of 82, was an exceptional figure in the history of the Islamic Republic, and his death has left Iran's moderates orphaned before the forthcoming...

Don\'t expect Trump-style protectionism from Germany

Paul Carrel, Gernot Heller and Arno Schuetze of Reuters in Berlin/Frankfurt | 2017-01-11 00:00:00

Germany is reviewing its powers to block foreign acquisitions after a spate of Chinese takeovers, but the government's commitment to free trade beats its concerns about haemorrhaging strategic technologies and will limit any changes. A more hostile German tone towards...

Strengthening human capital for inclusive development

Muhammad Iqbal Hossain and Alauddin Mohammad | 2017-01-11 00:00:00

"Development is about transforming the lives of people, not just transforming economies."-- Joseph Stiglitz Bangladesh, a 'paradox' in development literature, is the second fastest growing economy, according to the International Monetary Fund (IMF). The country has reached the magic 7...

Afghan imbroglio: Russia-China-Pakistan axis, India dithers

Sayed Kamaluddin | 2017-01-11 00:00:00

The new Gregorian calendar year is showing some signs of a new geopolitical equation to deal with the American-backed Afghan civil war and the six-year-long Syrian crisis which have defied solution until now. While the ceasefire in Syrian civil war...

Biman\'s foreign loan swells to $ 592m

Rezaul Karim | 2017-01-10 00:00:00

The liability to foreign loans of the national flag carrier, Biman Bangladesh Airlines (BBA), has swelled to about US$ 592 million (more or less Tk 46.77 billion) due to its poor operational performance, sources said. The state-owned airlines owe the...

CETP builder in Savar faces $100,000 fine a day for polluting river water

Ismail Hossain | 2017-01-10 00:00:00

A move is underway to impose US$ 1,00,000 daily fine on JLEPCL-DCL-JV, a Chinese company responsible for building and operating central effluent treatment plant (CETP) at the newly-established Savar Tannery Estate, for releasing untreated tannery wastes to the river Dhaleshwari....

SPA proposal goes to cabinet body tomorrow

Talha Bin Habib | 2017-01-10 00:00:00

A proposed sale and purchase agreement (SPA) on drilling offshore Magnama structure in the Bay of Bengal is scheduled to be placed at a cabinet body meeting tomorrow (Wednesday), officials said. Bangladesh Petroleum Exploration and Production Company Ltd (Bapex) and...

Cassava farming brings fortunes for farmers

Mohammad Wazed Ali, back from Tangail and Habiganj | 2017-01-10 00:00:00

Cultivation of cassava, popularly known as 'Shimul Alu', is getting popular among the farmers as demand grows for producing starch used in food processing and pharmaceuticals. Starch is a carbohydrate which is a major form of stored energy in plants,...

Screen legend Streep takes on Trump at Golden Globes

Frankie Taggart of AFP in Los Angeles | 2017-01-10 00:00:00

Three-time Oscar winner Meryl Streep berated President-elect Donald Trump for his divisive rhetoric as she received a lifetime achievement award at the Golden Globes on Sunday. The 67-year-old fought to control her emotions as she received a standing ovation during...

Saudi embrace of ride-hailing apps drives economic, social change

Celine Aswad of Reuters in Dubai | 2017-01-10 00:00:00

Saudi Arabia hopes its plan to bring a further 1.3 million women into the workforce by 2030 will be given a lift from ride-hailing apps Uber and Dubai-based rival Careem. The cars, which the government says should only be driven...

New Zealand whitewash Bangladesh

M. Serajul Islam | 2017-01-10 00:00:00

The New Zealanders reversed the 4-0 whitewash by Bangladesh on its 2011 visit to the country in the 50-50 series by whitewashing Bangladesh 3-0 in the same format on its current visit to their country. On the last day of...

Automation: No significant breakthrough so far

Ferdaus Ara Begum concluding her two-part article | 2017-01-10 00:00:00

Since the last few years, the NBR's tax target has been increasing exponentially. The principles of fixing the targets on each category of taxes, i.e., income tax, import tax and VAT, are not sometimes well-discussed with the private sector before...

Land management in rural areas

Abdul Bayes | 2017-01-10 00:00:00

In the realm of land management in rural Bangladesh, one important question often raised is how the farmers use the meagre amount of land that they have, and what factors determine their decisions about which crops to grow and on...

CSR guideline in the offing

Rezaul Karim | 2017-01-09 00:00:00

The government has started an initiative to introduce CSR (Corporate Social Responsibility) guidelines for organisations to spend a portion of their profit on social activities under certain bindings, officials said. They said Finance Minister AMA Muhith has directed the bank...

BD will propose duty-free market access to BIMSTEC member countries

Talha Bin Habib | 2017-01-09 00:00:00

The government has started preparing the draft trade facilitation agreement (TFA) to submit it to BIMSTEC, proposing duty-free market access to the member countries of the regional group, officials said. To prepare the draft agreement, a committee has been formed...