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Promoting trade and investment between Eastern India and its neighbours

Jahangir Bin Alam | 2015-12-22 00:00:00

An important aspect of the ongoing globalisation process has been the increasing integration of national economies. Such a trend stems from the consensus that economies with geographical proximity could generate strong development synergies through effective cooperation in the areas of...

Paris climate pact pledges to decarbonise global economy

Sarwar Md. Saifullah Khaled | 2015-12-22 00:00:00

The Paris global climate summit forged an agreement on December 12, 2015, setting the course for a transformation of the world's fossil fuel-driven economy within decades in a bid to arrest global warming. After four years of fraught United Nations...

Challenges the banking industry faces

M Jalal Hussain | 2015-12-22 00:00:00

The smooth movement of the wheels of an economy depends on some vital sectors that directly contribute to sustainable economic growth and development. The banking sector is considered as one of the most significant players in strengthening the soundness of...

Holistic development: The issue of gender inequality

Isteqmal Hussain, Md. Motasem Billah and Oliul Islam | 2015-12-22 00:00:00

Development not only connotes an increase in gross domestic product (GDP) growth rate or per capita income or the growing number of dazzling skyscrapers, but it also is related to social development, reduction in inequalities and ensuring of social justice....

Promoting trade and investment between Eastern India and its neighbours

Jahangir Bin Alam | 2015-12-22 00:00:00

An important aspect of the ongoing globalisation process has been the increasing integration of national economies. Such a trend stems from the consensus that economies with geographical proximity could generate strong development synergies through effective cooperation in the areas of...

Financial inclusion demands a holistic approach

Sunil Sachdev | 2015-12-22 00:00:00

In today's business world, it seems you are either being disrupted or causing the disrupting. The role of the disruptor and news about their activities are being discussed, tweeted, reported, documented and shared daily, even if not clearly understood. Some...

China\'s catch-all financial slogan: Belt and Road

Rachel Morarjee | 2015-12-22 00:00:00

What do investments in engineering companies, banks and bananas have in common? They're all justified by China's "One Belt, One Road" plan to boost trade and spread soft power. Yet early signs are the scheme may provide another excuse to...

Strategy on non-farm activities

Abdul Bayes | 2015-12-22 00:00:00

Although agriculture still remains the dominant source of rural livelihoods, its relative role in generating income has been falling over time. This is reflected by a slide in the share of the sector in GDP (gross domestic product). The trend...

Subsidiaries’ capital won’t be added to banks’ investment

Siddique Islam | 2015-12-21 00:00:00

The central bank has extended its policy support to the share market through redefining the banks' capital market investment policy, officials said. Under the revised definition, capital provided by the banks to their subsidiary companies will not come into calculation...

Countrywide taxpayers’ satisfaction surveys soon

Doulot Akter Mala | 2015-12-21 00:00:00

Government's revenue authority is up with preparation for conducting countrywide taxpayers' satisfaction surveys as prelude to enforcement of a new value-added tax (VAT) law. The updated VAT law -- framed in the light of IMF recommendation -- takes effect with...

Secondary market for corporate bonds should grow properly

Mohammad Mufazzal | 2015-12-21 00:00:00

The growth potential of Bangladesh is yet to be fully realised, despite the country has an 'amazing growth' story in recent years. Paul Smith, the president and chief executive officer (CEO) of CFA Institute, USA, told the FE in an...

IMF reforms could come just in time

Richard Beales | 2015-12-21 00:00:00

Christine Lagarde may not need to belly dance after all. That's what the International Monetary Fund's managing director said last year she'd do if it would persuade the U.S. Congress to ratify reforms agreed in 2010 by the IMF. The...

Gravest harm done to education

Neil Ray | 2015-12-21 00:00:00

Eminent writer and teacher Dr. Zafar Iqbal has complained that this government has done the gravest ever harm to education so far. His complaint is that the two public examinations held for class V and VIII have taught students of...

Snapshots of the rural labour market

Rizwanul Islam | 2015-12-21 00:00:00

The conventional wisdom about the current situation of the rural labour market in Bangladesh is that it is transforming to an extent. With diversification of the rural labour market, village economy too has changed substantially. The country's labour market is...

Gulf war trauma began Japan\'s retreat from pacifism

Tim Kelly and Nobuhiro Kubo | 2015-12-20 00:00:00

As the first Gulf War raged in February 1991, Japanese army major Nozomu Yoshitomi was supposed to be playing war games with U.S. officers at a military facility in Tokyo. But the Americans appeared distracted, watching the conflict live on...

IMF reforms could come just in time

Richard Beales | 2015-12-20 00:00:00

Christine Lagarde may not need to belly dance after all. That's what the International Monetary Fund's managing director said last year she'd do if it would persuade the U.S. Congress to ratify reforms agreed in 2010 by the IMF. The...

Gravest harm done to education

Neil Ray | 2015-12-20 00:00:00

Eminent writer and teacher Dr. Zafar Iqbal has complained that this government has done the gravest ever harm to education so far. His complaint is that the two public examinations held for class V and VIII have taught students of...

Snapshots of the rural labour market

Rizwanul Islam | 2015-12-20 00:00:00

The conventional wisdom about the current situation of the rural labour market in Bangladesh is that it is transforming to an extent. With diversification of the rural labour market, village economy too has changed substantially. The country's labour market is...

WTO strikes ‘compromise’ deal beating expectations

Asjadul Kibria | 2015-12-20 00:00:00

NAIROBI, Dec 19: Members of the World Trade Organisation (WTO) finally reached a 'compromise deal' on Saturday afternoon after lots of haggling on sticking points at the 10th ministerial conference (MC10) in the capital city of Kenya. The Nairobi Ministerial...

Trade facilitation takes a fillip from Nairobi talks

Asjadul Kibria | 2015-12-20 00:00:00

NAIROBI, Dec 19: Trade facilitation that packs in a set of coherent mechanisms to cut cost of commodity movements across the borders is one of a few tools for multilateral trade that gained momentum during the Nairobi WTO meet.   Global...

Loan default crippling state-owned banks

Syed Jamaluddin | 2015-12-20 00:00:00

The amount of loans in default in the banks of the country is now estimated at Tk 930 billion (93,000 crore). Out of this an amount of Tk 340 billion (34,000 crore) has been written off. Loan default has increased...

Banking outlook not so bright

Hasnat Abdul Hye | 2015-12-20 00:00:00

The heading of this column is based on an eponymous news report published recently in one of the national English dailies. The subject of this piece, the commercial banks in Bangladesh, both in the public and private sectors, are not...

Loan default crippling state-owned banks

Syed Jamaluddin | 2015-12-19 00:00:00

The amount of loans in default in the banks of the country is now estimated at Tk 930 billion (93,000 crore). Out of this an amount of Tk 340 billion (34,000 crore) has been written off. Loan default has increased...

Trade facilitation takes a fillip from Nairobi talks

Asjadul Kibria | 2015-12-19 00:00:00

NAIROBI, Dec 19: Trade facilitation that packs in a set of coherent mechanisms to cut cost of commodity movements across the borders is one of a few tools for multilateral trade that gained momentum during the Nairobi WTO meet.   Global...

Deal \'reached\' but differences prevail on Doha Round

Asjadul Kibria | 2015-12-19 00:00:00

NAIROBI, Dec 19: Members of the World Trade Organisation (WTO) agreed to strike a deal by adopting the ministerial declaration on Saturday afternoon in the 10th ministerial conference (MC10) in the Kenyan capital. The draft Nairobi Ministerial Declaration, released this...

WTO deal \'reached\' in Nairobi

Asjadul Kibria | 2015-12-19 00:00:00

NAIROBI, Dec 19: Members of the World Trade Organisation (WTO) agreed to strike a deal by adopting the ministerial declaration on Saturday afternoon in the 10th ministerial conference (MC10) here. The draft Nairobi Ministerial Declaration, released this afternoon, reveals that...

WTO talk enters extended day

Asjadul Kibria | 2015-12-19 00:00:00

NAIROBI, Dec 19: As members of the World Trade Organisation (WTO) on Friday failed to bridge the gaps on agriculture related issues as well as continuation on Doha round, the scheduled closing day of the 10th ministerial conference, the talks...

\'Rapid Pass\' for city\'s public transports soon

Munima Sultana | 2015-12-19 00:00:00

The government has taken a fresh move to introduce another fare collection system -- 'Rapid Pass' -- for all public transports in the capital due to the failure of the first such pre-paid system smartcard -- SPASS, sources said. Under...

BD considers maritime cooperation with China

Syful Islam | 2015-12-19 00:00:00

Bangladesh is now weighing a major option like maritime cooperation with China after having signed last June a pact with India on blue economy blooming in the bay, officials said. Government ministries concerned are already doing the groundwork for the...

Move to bring all NGOs under tax net

Doulot Akter Mala | 2015-12-19 00:00:00

Government's revenue authority has moved to bring onto tax net all non-government organisations (NGO) across the board, be they registered or not registered with the NGO bureau, officials said. They fall in the way during the current hunt for potential...