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Fund crunch hits sugar mills hard

Rezaul Karim | 2016-12-03 00:00:00

The state-run sugar mills have long been facing severe financial crisis, hampering their operational activities seriously, officials said. "The cash-strapped sugar mills are still struggling to meet regular expenses. The Bangladesh Sugar and Food Industries Corporation (BSFIC) is also finding...

A scientific outlook for a post-factual world

Helga Nowotny in Vienna | 2016-12-03 00:00:00

We have entered a disturbing new era. The sheer volume of false utterances and outright lies spewed during the United States' presidential election campaign implies a growing disdain for factual knowledge, as does the proliferation of fake news disseminated without...

DWASA banks on new tech to reduce system loss

Mohammad Wazed Ali | 2016-12-03 00:00:00

The Dhaka Water Supply and Sewerage Authority (DWASA) has been installing a new technology named 'district metered area' (DMA) to reduce  system loss in its water supply, officials have said. The DMA technology continuously helps detect leaks the in water...

Once insular, Myanmar now shows its fangs

Nilratan Halder | 2016-12-03 00:00:00

Myanmar known as Burma when Sarat Chandra Chattopadhya wrote his famous novels once conjured up a picture of a place full of mystery and seduction. The steamer journey to Rangoon was described in such a self-deprecating and yet humorous manner...

Manpower shortage delays work on economic zones

Talha Bin Habib | 2016-12-03 00:00:00

The Bangladesh Economic Zones Authority (BEZA) is facing shortage of manpower and experts resulting in delay for completing sites for investments by local and foreign entrepreneurs, officials said. At present, there are only 70 officials and other staffs who are...

Myanmar\'s anti-Rohingya agenda

Nabil Azam Dewan | 2016-12-03 00:00:00

Contrary to expectations of the international community, a systematic atrocity by the armed forces of Myanmar is forcing the ethnic Rohingya Muslims in Myanmar's Rakhine State to flee their ancestral homeland to neighbouring countries like Bangladesh, Thailand, Malaysia and Indonesia....

Child marriage obstructs SDGs implementation

Abdul Bayes | 2016-12-03 00:00:00

Child marriage is defined as any formal marriage or informal union where one or both are under 18 years of age. The reason for raising the issue of child marriage in this column is that we consider it as a...

Dialogue on forming a credible EC

Muhammad Quamrul Islam | 2016-12-03 00:00:00

The 13-point proposal for formation of a new Election Commission on expiry of the present one on February 08, 2017, put forward by Bangladesh Nationalist Party (BNP) Chairperson Khaleda Zia on November 18, 2016 is yet to be taken up...

Growing demand to categorise willful default as a criminal act

Shah Md Ahsan Habib in the first of a two-part article entitled Identifying and redefining financial crime | 2016-12-03 00:00:00

Broadly, a financial crime could either be an internal fraud committed by the bank's own workforce or an external fraud committed by a customer along with a third party. Any bank may become vulnerable to financial crimes involving various parties...

Dilemma over trade strategy with US if TPP goes finally

Asjadul Kibria | 2016-12-02 00:00:00

A trade expert of the country has urged the policymakers to seriously consider striking a bilateral free trade agreement (BFTA) with the United States (US). Manzur Ahmed, trade policy adviser to the Federation of Bangladesh Chambers of Commerce and Industry...

Private sector credit growth falls slightly

Siddique Islam | 2016-12-02 00:00:00

Private sector credit growth decreased to some extent in October over that of the previous month, according to the central bank's latest statistics. The growth in credit flow to private sector came down to 15.20 per cent in October 2016...

41 deals under scrutiny for signing during PM\'s visit to Delhi

Syful Islam | 2016-12-02 00:00:00

The government is scrutinising the progress of some 41 agreements and memoranda of understanding (MoU) during the visit of Prime Minister Sheikh Hasina to India sometime next month, officials said. Apart from these, implementation of the long-pending Teesta water- sharing...

Sustainable development through education

S. M. Rayhanul Islam | 2016-12-02 00:00:00

Planet Earth is in dire straits. Natural resources have been overexploited. A significant loss of biodiversity is occurring, while a massive rise in carbon levels is leading to climate change and associated extreme weathers. The planet also faces desertification, drought...

Raising standard of secondary education

Nilratan Halder | 2016-12-02 00:00:00

A set of 15 recommendations is placed for improving the standard of education at the secondary level. The most important suggestion concerns slicing the number of subjects taught and examinations held on. Subjects like physical education, health science and sports,...

Is our economic future behind us?

Joel Mokyr in Chicago | 2016-12-02 00:00:00

With the global economy yet to recover from the 2008 economic crisis, concern about the future - especially of the advanced economies - is intensifying. My Northwestern University colleague Robert J. Gordon captures the sentiment of many economists, arguing in...

Complacency breeds failure: Consolidate efforts to #endAIDS by 2030

Shobha Shukla of Citizen News Service (CNS) | 2016-12-01 00:00:00

Success breeds complacency and complacency breeds failure. When the number of people affected by a disease decreases, there is a tendency to disregard it as a public health problem. Even as the HIV/AIDS epidemic is on the decline in India,...

Austerity in water use

Saleh Akram | 2016-12-01 00:00:00

Water experts have long been sounding alarms against receding ground water level in the country. If things continue like this we are in for a grave danger. The importance of water in all living beings is too well-known to elaborate....

Climate change: COP yet to address loss and damage

Shaila Mahmud | 2016-12-01 00:00:00

Over the last few decades, rise in climatic hazards, associated with slow onset and extreme weather events, warranted implementation of the 'Loss and Damage' (L&D) along with adaptation and mitigation as a third pillar of climate action in developing countries....

Rupee demonetisation triggers chaos, confusion, violence in India

Md. Matiul Islam | 2016-12-01 00:00:00

It is not the first time that India has demonetised high-denomination currency notes. The last one was on January 16, 1978 when, overnight, Rs. 1000, 5000 and 10,000 bank notes stood withdrawn by an Ordinance issued by the President of...

Sustaining the Trump rally

Mohamed A. El-Erian in London | 2016-12-01 00:00:00

Donald Trump's victory in the United States' presidential election surprised most of the world. But the president-elect is not finished defying expectations. Contrary to the predictions of many experts, stock markets have rallied strongly since his victory, with the three...

Tracking the IPO money

Shamsul Huq Zahid | 2016-11-30 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) though belatedly is on way to accomplishing a very important task soon. The securities regulator will make it mandatory for the listed companies to inform the shareholders about the use of IPO (initial...

Package VAT cut likely for business minnows

Doulot Akter Mala | 2016-11-30 00:00:00

The government may finally reduce the amount of package VAT (value-added tax) for small businesses in the current fiscal in the face of persistent demand from the trade bodies. In the budget for the current fiscal year (FY), the government...

Low, middle-income housing finance mkt remains untapped

Munima Sultana | 2016-11-30 00:00:00

An enormous market in low- and middle-income housing finance remains untapped in the country due to the financial sector's focus on upper-middle class housing finance and lack of policy support. According to a study report of World Bank Group (WBG),...

How did pollsters get the 2016 US election so wrong?

Zahedur Rahman Arman from Pennsylvania, USA | 2016-11-30 00:00:00

The results of the 2016 presidential election came as a surprise to everyone who had been following election polling. The day before the election, most pollsters and statistical models had pegged that Democratic party candidate, Hillary Clinton, was destined for...

A health care financing model for Bangladesh

Muhammad Abdul Mazid | 2016-11-30 00:00:00

Three interrelated financing areas are critical for reaching universal health coverage. These are raising funds for health, reducing financial barriers to access through prepayment and subsequent pooling of funds in preference to direct out-of-pocket payments and allocating or using funds...

Ten consequences of Trump

Anatole Kaletsky in London | 2016-11-30 00:00:00

For those of us who were wrong about the United States' presidential election, it is worth suppressing emotional reactions, at least for a month or two, and attempting a dispassionate judgment about what Donald Trump's administration may mean for the...

Demonetisation of Indian rupee: Implementation hiccup and longer-term objective

Sharjil M. Haque | 2016-11-30 00:00:00

Cash is king in India, or at least it was until in one sweep Narendra Modi scrapped two high-value banknotes in India in an all-out war to flush out black money, fight tax evasion, eradicate counterfeit notes used in terror...

Global, regional and national trends

International Food Policy Research Institute (IFPRI), Concern Worldwide, and Welthungerhilfe (WHH) | 2016-11-30 00:00:00

The 2016 Global Hunger Index (GHI) demonstrates substantial progress in terms of hunger reduction for the developing world. Whereas the 2000 GHI score for the developing world was 30.0, the 2016 GHI score is 21.3, showing a reduction of 29...

How brands should revisit mobile marketing strategy for next year and beyond

Abir Mazumder and Md Mushfiqul Huq | 2016-11-30 00:00:00

Mobile phones are a necessity, much like the air we breathe. Until recently, Bangladesh was a low-income country, densely populated with very little disposable household income. Despite that, every 3 out of 4 people has at least one mobile phone....

The era of Trumponomics

Sharjil Haque | 2016-11-30 00:00:00

To say that 2016 was not the best year for global politics and international cooperation would be a bit of an understatement. It was bad enough that Britain tore itself apart from the European Union. Now, the United States has...