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Patron-client relationships in rural Bangladesh

Helal Uddin Ahmed | 2016-12-29 00:00:00

Bangladesh is predominantly a rural society. The latest figures of 2015 showed that rural population constituted about 70 per cent of the total population in the country and the number of villages exceeded 87 thousand. It is therefore natural that...

Taxation practices in the SAARC region

Muhammad Abdul Mazid | 2016-12-29 00:00:00

South Asia, in general, and almost all members of SAARC countries in particular have a common legacy of perceptions and practices of taxation. Having common laws and regulations, mostly carried forward from the British colonial days, these countries are moving...

Combating terrorism: We are all in the same boat

Abu Afsarul Haider | 2016-12-29 00:00:00

When Bangladesh was still mourning over the terror attack at the Holey Artisan Bakery restaurant on July 01, 2016 that left 29 people dead, including 20 hostages (18 foreigners and 2 locals), two police officers, two bakery staff and five...

RMG: Lessons from Savar unrest

Asjadul Kibria | 2016-12-29 00:00:00

The latest incident of unrest at the garment factories in Savar and the adjoining areas due to demand for wage adjustment again reflects the mishandling of the labour issue, especially by the factory owners. While the garment factory owners and...

Taka appreciates vs US dollar by 10 paisa

Siddique Islam | 2016-12-28 00:00:00

The local currency Taka appreciated by 10 paisa against US dollar on Tuesday in a single day after two months in the inter-bank foreign exchange (forex) market. The US dollar was quoted at Tk 78.70-Tk 78.80 against Tk 78.80 of...

Int’l bodies to return, renew 395 passbooks by January

Doulot Akter Mala | 2016-12-28 00:00:00

Some 26 development partners and international organisations have to return or renew 395 passbooks, used by their foreign officials for importing cars and other goods under duty-free facility. Customs officials suspect that those cars have been sold out illegally by...

Is it plunder wholesale?

Shamsul Huq Zahid | 2016-12-28 00:00:00

Eight months back, a report that revealed how a contractor had used bamboo sticks instead of mild steel rods in a government building at Darshana land port came as both a shock and a surprise to many, including the policymakers....

Obama\'s parting shot at Netanyahu

M. Serajul Islam | 2016-12-28 00:00:00

The UN Security Council adopted a historic resolution last Friday, December 23.   It was on the illegal Israeli settlements on occupied Palestine territories during the 1967 Arab-Israeli War. The UN Security Council passed the resolution that was drafted by Egypt...

Yes, you are allowed to cry, men!

Mehnaaz Pervin Tuli | 2016-12-28 00:00:00

Who has taught the boys not to cry, not to show strong emotions? Don't you think that it hurts to repress strong emotions or feelings repeatedly? If you teach them to be strong and show less emotion publicly, then you...

Addressing the extreme poor

Md. Hasan Khaled | 2016-12-28 00:00:00

High level poverty is a major economic challenge before a developing country like Bangladesh. A large population, low level of literacy, high unemployment rate, resource constraint, inadequate infrastructure and frequent natural disasters are the main reasons behind poverty in Bangladesh....

0.1m hectares of farm lands convert into non-agricultural lands annually

Talha Bin Habib | 2016-12-27 00:00:00

Around 0.1 million hectares of agricultural lands are converted into non-agricultural lands annually, posing threat to the country's food security. If the present trend in shrinking of agricultural land goes on, the country will have no agricultural land within 70...

BB possesses Rs 500m in demonetised notes

Syful Islam | 2016-12-27 00:00:00

The Bangladesh Bank (BB) has in its vault around Rs. 500 million in Indian demonetised currency notes of Rs 500 and Rs 1,000. The BB now plans to encash the notes through Soanli Bank's Kolkata branch, officials said. The government...

Subways project faces setback

Munima Sultana | 2016-12-27 00:00:00

The proposed project to construct four subways in the city has faced a setback as it was not cleared by the authorities concerned due to overlapping with the metro rail projects approved recently. Dhaka Transport Coordination Authority (DTCA) did not...

The crisis of market fundamentalism

Anatole Kaletsky in London | 2016-12-27 00:00:00

The biggest political surprise of 2016 was that everyone was so surprised. I certainly had no excuse to be caught unawares: soon after the 2008 crisis, I wrote a book suggesting that a collapse of confidence in political institutions would...

In and out of LDC: Bangladesh case

Hasnat Abdul Hye | 2016-12-27 00:00:00

Bangladesh, along with 47 other countries, became member of LDCs (least developed countries) 45 years ago on the basis of their per capita income, literacy rate and expectation of life. As LDCs the 48 countries enjoyed a total of 136...

Literacy, skills and lifelong learning

Abdul Bayes | 2016-12-27 00:00:00

'Education Watch' is an indigenous initiative to critically assess progress in education sector, especially of primary and secondary segments. Known as the brainchild of Sir Fazle Hasan Abed, the purpose of the initiative is to enable government, donors and civil...

Japan to continue aid to metro rail project

Munima Sultana | 2016-12-26 00:00:00

Breaking the stalemate after the Holey Artisan incident, Japan has come forward to support the government in implementing another metro rail project. Officials said a fact-finding mission of Japan International Cooperation Agency (JICA), during its visit to Dhaka last month,...

Govt borrows less from banks as people rush for savings tools

Siddique Islam | 2016-12-26 00:00:00

Government borrowings from internal and external sources increased by nearly 26 per cent to Tk 205.26 billion, as on  November 22, for financing overall budget deficit, officials said. Net borrowing from the domestic sources like banking system and national savings...

UN warmly acknowledges China\'s \'Belt and Road\' initiative

Liu Jieyi | 2016-12-26 00:00:00

The 71stUnited Nations General Assembly (UNGA) agreed to pass the document A/71/9, encouraging each member state to support China's "Belt and Road" initiative to boost economy development of Afghanistan and the region. In addition, the document urged international community to...

Role of SMEs in uplifting Asian economies

Md. Joynal Abdin | 2016-12-26 00:00:00

The Small and Medium Enterprises (SMEs) are considered as the engine of growth throughout the world. About 97 per cent to 99 per cent of enterprises in Asian developing countries are SMEs. This scale could, however, be slightly different for...

Facilitating M&A process

Shamsul Huq Zahid | 2016-12-26 00:00:00

Finance Minister AMA Muhith, while receiving a 'dividend cheque' from the BDBL (Bangladesh Development Bank Limited) management on December 21, was found to be very unhappy about the existence of 'quite a big' number of banks and made a broad...

PM to attend WEF meeting in Davos

Munima Sultana | 2016-12-25 00:00:00

Prime Minister Sheikh Hasina will attend the annual meeting of the World Economic Forum (WEF) on a special invitation as Bangladesh is set to get focus in the world's prestigious forum. The forum, best known for its annual meeting in...

Bangladesh misses out on global IP reg facilities

Asjadul Kibria | 2016-12-25 00:00:00

Bangladesh made little progress in intellectual property (IP) filing while ignored applying for international patent or trademark registration of its products. As the country is not a signatory to three international treaties on patent, trademarks and industrial design, the Federation...

Lockouts disrupt production in troubled apparel hub

Jubair Hasan from Ashulia | 2016-12-25 00:00:00

An abrupt shutdown of apparel factories amid labour unrest in Ashulia has created multiple socioeconomic repercussions affecting export production, workers' livelihood and numerous dependent trades. A visit to the now-derelict area also reveals that the fallout of the mass closure...

BASIC to get Tk 26b recap fund

Syful Islam | 2016-12-24 00:00:00

The government is set to issue Tk 26 billion-worth of bonds to meet capital shortfall of the problem-ridden BASIC Bank as per requirement under the Basel-III provision, officials said. Finance Minister AMA Muhith approved Wednesday a proposal mooted by the...

PMO asks ministries to expedite implementation

Rezaul Karim | 2016-12-24 00:00:00

The Prime Minister's Office (PMO) has asked the ministries concerned to expedite implementation of proposed projects in Bangladeshi enclaves, officials said. The divisional commissioner (DC) of Rangpur has recently requested the PMO to take necessary steps for quick implementation of...

Scope opens wide for banks\' capital investment in bourses

Mohammad Mufazzal | 2016-12-24 00:00:00

 Banks' exposure on the capital market has dropped sharply to 19 per cent against stipulated 25 per cent of respective capital, yielding a wide scope for fresh investment worth around Tk 42 billion. Officials said the space for making fresh...

DSEX hits nearly two-year high on buying spree

Babul Barman | 2016-12-24 00:00:00

Stocks witnessed yet another upbeat week that ended Thursday with key index of the premier bourse hitting nearly two -year high amid growing confidence of investors. Brokers said the market maintained the upward trend for the eighth week in a...

A losing battle against smoking

Nilratan Halder | 2016-12-24 00:00:00

Smoking in public places of the country has been made a punishable offence by law. But there is no indication of making the law effective. People smoke as usual. Although prevalence of smoking has declined by 10 per cent globally...

Tapping solar energy: An option to fossil fuel

Saleh Akram | 2016-12-24 00:00:00

Energy security of Bangladesh is threatened by lack of domestic energy resources, high dependence on imported fuels and poor energy infrastructure. The country has to look for alternative energy sources other than fossil fuels. This energy is often referred to...