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Slamming the door in the face of refugees

Maswood Alam Khan | 2015-12-15 00:00:00

More than 250,000 people have died since the violence broke out in Syria in 2011, and at least 11 million people in the country of 22 million have fled their homes. Syrians are now the world's largest refugee population, according...

Capital transfer—the blind leads the blind

Syed Ashraf Ali | 2015-12-15 00:00:00

The print and electronic media are once again abuzz on a report from Washington-based research organisation named Global Financial Integrity (GFI) regarding $9.66 billion illegally transferred from Bangladesh in 2013. An English daily, known for its penchant for sensationalising ordinary...

Whither rural financial market?

Abdul Bayes | 2015-12-15 00:00:00

In a regime of unequal ownership of land and inequitable social structure, institutional credit is likely to reach larger farmers first ignoring the poorer ones despite their dire needs for adoption of input-intensive modern agricultural technologies. As a  consequence, differentiation...

HC upholds jail term for Osman Gani

HC upholds jail term for Osman Gani | 2015-12-15 00:00:00

The High Court upheld the jail term for Osman Gani, former Chief Conservator of Forest (CCF), in a case for acquiring illegal wealth. A High Court division bench comprising Justice Md Ruhul Quddus and Justice Bhishmadev Chakrabortty passed the order,...

VAT wing asks for Tk 5.10b evaded tax from PDB

Doulot Akter Mala | 2015-12-15 00:00:00

The Value Added Tax (VAT) wing has asked for Tk 5.10 billion from the Power Development Board (PDB) after it found its outstanding dues following analysis of the latter's annual audit report. The Large Taxpayers Unit (LTU) under the VAT...

All set for WTO ministerial talk

Asjadul Kibria | 2015-12-15 00:00:00

NAIROBI, Dec 14: Immediately after arrival at the Jomo Kenyatta International Airport in Nairobi, the capital of Kenya, one thing becomes clear. The country is 'very excited' for a mega international gathering. From immigration to exit points, all the staffs...

Kaushik for developing four more sectors on RMG model

Siddique Islam | 2015-12-15 00:00:00

Bangladesh government needs to speed up regulatory process and cut business cost for attracting investors, particularly foreign ones, to achieve a faster growth in few years. A top World Bank (WB) economist expressed such view based on his close look...

Yuan goes global: China needs to make deeper financial reforms

Sarwar Md. Saifullah Khaled | 2015-12-15 00:00:00

The International Monetary Fund (IMF) on November 30, 2015 welcomed China's Yuan - also called the renminbi (RMB) -  into its elite reserve currency basket known as Special Drawing Rights (SDR), recognising the ascendance of the Asian power, already the...

BB loosens grip over EDF loan for EPZ industries

Siddique Islam | 2015-12-14 00:00:00

The central bank relaxed foreign-exchange regulations allowing all C- category industries in the Export Processing Zones (EPZs) to borrow from the Export Development Fund (EDF). Under the relaxed rules, the commercial banks are now allowed to extend their foreign-currency loans...

China wants to fix price in RMB instead of USD

Syful Islam | 2015-12-14 00:00:00

China has proposed that Bangladesh sign a loan contract on procurement of six vessels in Renminbi (RMB) instead of US dollar (USD) as part of its move to establish its official currency as an international one, officials said. The Bangladesh...

IPOs witness slow pace in 2015

Babul Barman | 2015-12-14 00:00:00

The initial public offerings (IPOs) witnessed sluggish trend in the outgoing calendar year 2015 compared to a year ago, when a record number of IPOs hit the stock market. Market insiders attributed the slowed-down growth of IPOs to the "go-slow-strategy"...

Youth marketing - ethical issues

Md. Aslam Uddin and Mahamudul Hasan | 2015-12-14 00:00:00

Youth marketing is a term used in the marketing and advertising industry to describe activities to communicate with young people, typically in the age range of 13 to 35. Youth marketing includes teen marketing, targeting people aged between 13 to...

Examining the definitions of genocide in the context of 1971

Talukdar Rasel Mahmud | 2015-12-14 00:00:00

Genocide is a heinous crime that includes intentional killing of a racial, ethnic, religious or national group of people. The common meaning of 'genocide' is the systematic destruction of all or a significant part of a racial, ethnic, religious, political...

IMF therapy for Brazil - it may taste bitter

write Monica de Bolle and Ernesto Talvi in Montevideo | 2015-12-14 00:00:00

Brazil's economy is in intensive care. And its intensifying political crisis - impeachment proceedings have now been initiated against President Dilma Rousseff for allegedly using irregular accounting maneuvres to disguise the size of the budget deficit - is raising serious...

How practical it is to phase out rickshaw

Neil Ray | 2015-12-14 00:00:00

The dichotomy involving the phasing-out of rickshaws from the streets of the capital or not has supporters divided for and against with the majority willing to see those off. It is not for nothing that fresh licences to these manually...

Crisis of \'coordination\'

Shamsul Huq Zahid | 2015-12-14 00:00:00

'Coordination' is the rarest commodity as far as the decision making by regulatory bodies and government agencies in Bangladesh is concerned. The policymakers do often mention about the problem, but instead of getting resolved it becomes more acute. The other...

The renminbi goes forth: China\'s role in global economic governance

Paola Subacchi in London | 2015-12-14 00:00:00

The Nobel laureate Robert Mundell once said, "great powers have great currencies." China, whose government Mundell long advised, seemed to take this notion to heart, prodding the International Monetary Fund (IMF) for years to add the renminbi to the basket...

Youth marketing - ethical issues

Md. Aslam Uddin and Mahamudul Hasan | 2015-12-13 00:00:00

Youth marketing is a term used in the marketing and advertising industry to describe activities to communicate with young people, typically in the age range of 13 to 35. Youth marketing includes teen marketing, targeting people aged between 13 to...

Examining the definitions of genocide in the context of 1971

Talukdar Rasel Mahmud | 2015-12-13 00:00:00

Genocide is a heinous crime that includes intentional killing of a racial, ethnic, religious or national group of people. The common meaning of 'genocide' is the systematic destruction of all or a significant part of a racial, ethnic, religious, political...

IMF therapy for Brazil - it may taste bitter

Monica de Bolle and Ernesto Talvi | 2015-12-13 00:00:00

Brazil's economy is in intensive care. And its intensifying political crisis - impeachment proceedings have now been initiated against President Dilma Rousseff for allegedly using irregular accounting maneuvres to disguise the size of the budget deficit - is raising serious...

The renminbi goes forth: China\'s role in global economic governance

Paola Subacchi | 2015-12-13 00:00:00

The Nobel laureate Robert Mundell once said, "great powers have great currencies." China, whose government Mundell long advised, seemed to take this notion to heart, prodding the International Monetary Fund (IMF) for years to add the renminbi to the basket...

How practical it is to phase out rickshaw

Neil Ray | 2015-12-13 00:00:00

The dichotomy involving the phasing-out of rickshaws from the streets of the capital or not has supporters divided for and against with the majority willing to see those off. It is not for nothing that fresh licences to these manually...

Crisis of \'coordination\'

Shamsul Huq Zahid | 2015-12-13 00:00:00

'Coordination' is the rarest commodity as far as the decision making by regulatory bodies and government agencies in Bangladesh is concerned. The policymakers do often mention about the problem, but instead of getting resolved it becomes more acute. The other...

Stocks extend losses for 5th day

FE Online Report | 2015-12-13 00:00:00

Stocks witnessed steep fall Sunday, extending their losing spell for five consecutive sessions in a row with sluggish tunrover as nervous investors went selling frenzy. The market opened with a positive note, but could not sustain the momentum as the...

NBR offers duty exemption to hi-tech park developers

Doulot Akter Mala | 2015-12-13 00:00:00

The National Board of Revenue (NBR) has offered duty exemption to help investors import products for developing hi-tech parks. Hi-tech park developers will now be able to get exemption from all types of import duty, regulatory duty, supplementary duty and...

A case of miscarriage of justice?

Zeenat Khan from Maryland, USA | 2015-12-13 00:00:00

In my May 26th column, I wrote about Bollywood star Salman Khan's release on bail after a Mumbai Sessions Court found him guilty of culpable homicide in the 2002 hit-and-run case. He was given five years' imprisonment and Rupees 25,000...

Scientists vow to contribute to the success of SDGs

Lutfor Rahman | 2015-12-13 00:00:00

More than 900 scientists and science leaders from 100 countries gathered at the World Science Forum (WSF) 2015 held recently in Budapest, Hungary. The forum was organised with the support of the World Science Forum (WSF), UNESCO, ICSU, the Hungarian...

Why investment is shy

Syed Jamaluddin | 2015-12-13 00:00:00

The President of the Federation of  Bangladesh Chambers of Commerce and Industry (FBCCI) has recently said in an interview with a local newspaper that high interest rate is the  main obstacle to the rise in investment. It will not be...

Nairobi calling: A \'compromised\' LDC package

Asjadul Kibria | 2015-12-13 00:00:00

This week is the last busy week for global leaders as trade ministers and negotiators are now gathering in Nairobi, the Kenyan capital,  to put their final efforts for reaching a minimum consensus on future course of action on multilateral...

Scientists vow to contribute to the success of SDGs

Lutfor Rahman | 2015-12-12 00:00:00

More than 900 scientists and science leaders from 100 countries gathered at the World Science Forum (WSF) 2015 held recently in Budapest, Hungary. The forum was organised with the support of the World Science Forum (WSF), UNESCO, ICSU, the Hungarian...