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Employment of Bangladeshi seafarers

F R Chowdhury from London | 2016-01-16 00:00:00

To the best of my knowledge, seafaring is perhaps the only profession where nationality is normally not a barrier. Ships built in China or Korea may have been financed by Hong Kong banks for owners in Norway or United States....

United we stand, divided we fall

Ajoy Paul | 2016-01-16 00:00:00

A few days ago, I was coming back home from office. On the way, I saw a rickshaw loaded with goods lying behind the road of Dholaikhal because one of its rings fell into a manhole. The healthy rickshaw puller...

Of fake business

Nilratan Halder | 2016-01-16 00:00:00

What are the ingredients of fairness cream? Certainly not wheat and chalk. It was exactly the things a manufacturer was clandestinely using for packaging in empty tubes of different reputed brands. Similarly shampoo containers of different brands were filled with...

Tigers triumph in 1st T20

Rezaul Hannan Mithun | 2016-01-15 00:00:00

Bangladesh defeated Zimbabwe by four wickets in the first Twenty20 match of the four-match series in Khulna city on Friday evening. Brief scores: Zimbabwe 163/7 v Bangladesh 166/6 (18.4/20 ov) Bangladesh won by 4 wickets (with 8 balls remaining) Zimbabwe...

Japan set to release $1.5b for second phase MRT project

Munima Sultana | 2016-01-15 00:00:00

Japan is likely to release second phase of its Yen assistance equivalent to US$1.5 billion for the metro rail project in next official development assistance (ODA) package. The Japan International Cooperation Agency (JICA) has already enlisted the Dhaka Mass Rapid...

Plan to set up five spl zones for source tax collection

Doulot Akter Mala | 2016-01-15 00:00:00

The National Board of Revenue (NBR) has decided to establish five special tax zones to oversee collection of tax at source in a bid to check revenue leakage from the potential sector that contributes 57 per cent of the total...

Growing domestic demand new engine of growth

Siddique Islam | 2016-01-15 00:00:00

The central bank has identified surging domestic demand as a new engine of Bangladesh's economic growth. "We're supporting both engines - export and domestic demand -for achieving maximum economic growth," Bangladesh Bank (BB) governor Dr Atiur Rahman said while replying...

Market vigilance team lacks law-enforcement members

Rezaul Karim | 2016-01-15 00:00:00

The lack of members of law-enforcement agencies is hampering the kitchen market monitoring, thus leading to price hike in essentials. Presently, the monitoring committee does not get support from the members of law-enforcement agencies for monitoring the price of essential...

Intrinsic magnitude of Pak crimes

writes Bayezid Dawla reviewing it | 2016-01-15 00:00:00

A 'Secret of a War Baby' is a novel with a deconstructive title that puzzles the readers with an overwhelming irony. What is the secret? The dramatic tension informed by the title does not release readers until the end. Novelist...

Coming out of black hole of depression

Nilratan Halder | 2016-01-15 00:00:00

A Mail Online story on Stephen Hawking has given an insight into the elan vital of the greatest ever --one who is physically too challenged to be a specially built wheelchair-bound --scientist since Einstein. What keeps the exceptionally gifted brain...

Movement of teachers and professionals

Syed Jamaluddin | 2016-01-15 00:00:00

Public University teachers have launched strong protests for upholding their status that they believe was deliberately relegated through the publication of the gazette in connection with the new pay scale. They have started work stoppage. They are not taking classes....

Stepping up selective easing initiatives

Sharjil Haque | 2016-01-15 00:00:00

Most international organisations, which carry out periodic macroeconomic analysis on Bangladesh, are fairly optimistic about the country's growth prospects this year. The general consensus is that increased public sector investment in infrastructure development, government employees' wage hike and steady export...

BB posts observer to Farmers Bank

Siddique Islam | 2016-01-14 00:00:00

The central bank appointed an observer to Farmers Bank Limited (FBL) to monitor its operations closely and help improve its financial health, officials said. Such corrective step came following probe findings on the new private bank's lending faults and information...

Muhith rejects plea for more tax benefits

Doulot Akter Mala | 2016-01-14 00:00:00

Finance minister AMA Muhith has turned down a proposal for widening tax benefit for investors and developers of the hi-tech park. His rejection came after the ministry of post, telecommunication and ICT recently requested the National Board of Revenue (NBR)...

India looks out

Arun Jaitley | 2016-01-14 00:00:00

Today more than ever, to paraphrase the poet John Donne, “no country is an island entire of itself”. India, too, has recognised this, becoming fully integrated into the world economy by way of trade in goods and services, as well...

Should monetary policy maintain its course?

writes Sharjil Haque in the first of his two-part article | 2016-01-14 00:00:00

We are again close to that time of the year when the central bank will announce a new monetary policy. We all know that the Bangladesh Bank (BB) has termed its monetary policy in recent times as 'accommodative' and 'growth-supportive'...

DU students become first runner-up at ICSQCC

FE Special | 2016-01-14 00:00:00

Ateam  from University of Dhaka, representing Bangladesh, became the first runner-up at International Convention on Students' Quality Control Circles held in Lucknow, India from 2nd to 5th December, 2015.  The convention strongly underlined the need to empower the students so...

writes Jamaluddin Ahmed in the concluding instalment of the three-part series

writes Jamaluddin Ahmed in the concluding instalment of the three-part series | 2016-01-14 00:00:00

The fifth version of the bureaucrat vs. bureaucrat type of politics is when reform disrupts the balance of power within the organisation or within the sphere of power in policy-making. This could be the competition between old bureaucrats and new...

Cutting yield rates of savings certificates

Asjadul Kibria | 2016-01-14 00:00:00

The trend of investment in the country continued to remain sluggish last year despite political stability - a key factor congenial to investment. This is the general conclusion in various analyses and reviews on the country's economic scenario in 2015....

Another white elephant in the offing?

Shamsul Huq Zahid | 2016-01-13 00:00:00

The Pangaon Inland Container Terminal (ICT) can be cited as the latest example of how whims, more than reasons, often come into play in taking up public sector development projects. More than 26 months after its formal launch, the government...

Quader terms findings on road mishaps baseless

Munima Sultana | 2016-01-13 00:00:00

Road Transport and Bridges Minister Obaidul Quader rejected a recent study findings on the number of last year's road accidents in the country, terming it 'baseless', as it was contradictory to national and international figures. "What is the basis of...

NBR to recheck SIM data to detect any tax evasion

Doulot Akter Mala | 2016-01-13 00:00:00

The National Board of Revenue (NBR) moves to examine authenticity of SIM replacement by four mobile-phone operators in a bid to check tax evasion, as a big amount already remained tucked under disputes.    Officials said the Value Added Tax (VAT)...

Shaping the Fourth Industrial Revolution

Klaus Schwab in Geneva | 2016-01-13 00:00:00

Of the myriad challenges the world faces today, perhaps the most overwhelming is how to shape the Fourth Industrial Revolution that began at the turn of the century. New technologies and approaches are merging the physical, digital, and biological worlds...

BSC on buying spree of Chinese ships

Syful Islam | 2016-01-13 00:00:00

China's Exim Bank has offered to finance procurement of four more ships for Bangladesh Shipping Corporation (BSC) which is hamstrung by shortage of necessary vessels amid growing shipment, officials said. The BSC is almost in the final stage of preparation...

Constant games played by power politics

writes Jamaluddin Ahmed in the second of the three-part series | 2016-01-13 00:00:00

There are constant games of bureaucratic politics among a handful of central agencies in the area of administrative reform. These contestations usually occur among the agency responsible for financial issues or the budget, the agency responsible for human resources management...

In and out of poverty

Abdul Bayes | 2016-01-13 00:00:00

Poverty can both be persistent or short-lived adducible to structural or temporary factors respectively. Persistent or long-term poverty implies a state of poverty that persists for a longer period of time. It is mainly fuelled by structural problems. On the...

Benefiting from oil price slump

M Jalal Hussain | 2016-01-13 00:00:00

The sustainability of the world economy depends mostly on the demand and supply of energy. The oil industry which supplies more than sixty five per cent of world energy consumption faces major ups and downs, and currently it is in...

BD gives UN detailed info on three N Korean ships

Syful Islam | 2016-01-12 00:00:00

The government provided last week details to the UN Security Council (UNSC) about three North Korean vessels which were brought to Bangladesh for dismantling, officials said. The three vessels, namely MV Great Hope, MV Ocean Galaxy, and Ocean Dawning are...

Excess liquidity cuts call money rate in 2015

Siddique Islam | 2016-01-12 00:00:00

The inter-bank call money rate has fallen sharply in 2015, as liquidity soared in the banks, the US-based Citibank NA Bangladesh said in its annual market update. The weighted average call money rate, which was at 8.57 per cent in...

The AIIB is ready for business

Jin Liqun in Beijing | 2016-01-12 00:00:00

The historic launch of the Asian Infrastructure Investment Bank (AIIB) in the coming weeks has been highly anticipated - and rightly so. With the start of operations, the AIIB will join the family of multilateral financial institutions in supporting broad-based...