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SAARC central banks to develop cross-border payments system

Siddique Islam Back from Cox's Bazar | 2015-12-04 00:00:00

Central banks of the SAARC member countries are planning to develop a system to manage the cross-border payments within themselves at lower cost using latest technology. It was disclosed at the inaugural session of 17th SAARC Payments Council (SPC) meeting...

Six foreign cos eye 0.5m solar units sales by 2017

Ismail Hossain | 2015-12-04 00:00:00

Six foreign solar power product manufacturers are looking to sell 5,00,000 units of low-cost Pico PV systems in the country's off-grid areas by 2017. The companies -- Greenlight Planet, D light, Omnivoltaic Power Co, Orb Energy, Fosera and TOTAL --...

Behavioural intervention in public policy

Mazbahul Ahamad | 2015-12-04 00:00:00

Since 1993, the government of Bangladesh has been implementing "food for education" programme to minimise primary school dropout by school feeding together with take-home rations. As of today, the quantifiable impacts of this programme on enrolment, attendance and dropout are...

Collaboration between industries and educational institutions

Nilratan Halder | 2015-12-04 00:00:00

That the overall standard of education including that of the tertiary leaves much to be desired is a unanimous verdict. One of the reasons for the lacking is dissociation of academic curricula from reality or the absence of extensive engagement...

China\'s online financial sector comes of age

Liu Mingkang in Beijing | 2015-12-04 00:00:00

Last month, China's leaders revealed details of the 13th Five-Year Plan, which will guide the economy's trajectory until 2020. Gone are the directives to expand industrial production at a breakneck pace that characterised previous five-year plans. Now, the focus is...

China\'s online financial sector comes of age

Liu Mingkang in Beijing | 2015-12-03 00:00:00

Last month, China's leaders revealed details of the 13th Five-Year Plan, which will guide the economy's trajectory until 2020. Gone are the directives to expand industrial production at a breakneck pace that characterised previous five-year plans. Now, the focus is...

Behavioural intervention in public policy

Mazbahul Ahamad | 2015-12-03 00:00:00

Since 1993, the government of Bangladesh has been implementing "food for education" programme to minimise primary school dropout by school feeding together with take-home rations. As of today, the quantifiable impacts of this programme on enrolment, attendance and dropout are...

Collaboration between industries and educational institutions

Nilratan Halder | 2015-12-03 00:00:00

That the overall standard of education including that of the tertiary leaves much to be desired is a unanimous verdict. One of the reasons for the lacking is dissociation of academic curricula from reality or the absence of extensive engagement...

DCCI greets PM for FP accolade

FE Online Report | 2015-12-03 00:00:00

  Dhaka Chamber of Commerce and Industry (DCCI) on Thursday greeted Prime Minister Sheikh Hasina for being named as one of the world’s 100 leading global thinkers. Foreign Policy (FP), a Washington-based prestigious magazine, named her in recognition of her outstanding...

DSE turnover hits four-month high

FE Online Report | 2015-12-03 00:00:00

Stocks returned to green Thursday with turnover hitting four-month high on the prime bourse as investors inject fresh funds in the market. The market opened with a positive note and the upturn sustain till end of the session amid marginal...

DSE, CSE open optimistic

FE Online Report | 2015-12-03 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher on Thursday, the last trading session of the week. DSEX, the prime index of the DSE, went up by 17.43 points or 0.37 per cent to 4,636.94,...

Bangladesh\'s policy paradox

Muhammad Shafiullah | 2015-12-03 00:00:00

Tariff escalation is a trade policy espoused by many countries of the world, especially developing countries, whereby higher duties are levied on finished goods than on relatively unprocessed goods or raw materials. This represents a structural bias against importation of...

China, US and development of a multi-polar world order

Sayed Kamaluddin | 2015-12-03 00:00:00

With a rising and increasingly powerful China making determined diplomatic forays into all parts of the globe, especially into Europe, observers and analysts alike tend to interpret it as Beijing's strategic attempt to help build a multi-polar world order. Of...

Elusive \'inclusive\' development

Washim Palash | 2015-12-03 00:00:00

Mere development is not enough; we need people-centric development. Of late, we have a lot of articles which present data to substantiate economic development of Bangladesh. But very few articles reveal ground reality. We are bypassing some key socio-economic issues,...

Sovereign bond: Opportunities and challenges for Bangladesh

Sharjil Haque | 2015-12-03 00:00:00

Should Bangladesh expedite its plan to issue a maiden sovereign bond in the international capital market? This landmark step could actually have taken place two years ago, when the idea of issuing a dollar-denominated sovereign bond had gained strong momentum....

Bangladeshi startups at global stage

FE Special | 2015-12-03 00:00:00

For the first time in Bangladesh Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, explored the most innovative Bangladeshi tech startups through a boot-camp and competition held in Dhaka. Seedstars World globally organises an...

Linde putting stake on \'Bangladesh\'s growth\'

Asjadul Kibria | 2015-12-03 00:00:00

Bangladesh economy is moving ahead and the country's growth story is really attractive. It has demonstrated resilience amidst all the fluctuations in the global economy in the recent times. In fact, growth is really happening here. So, we are interested...

RTHD seeks Tk 120.11b to implement mega projects

Rezaul Karim | 2015-12-03 00:00:00

The Road Transport and Highways Division (RTHD) has sought an allocation of Tk 120.11 billion for the next fiscal year (FY) aiming to implement its different mega projects successfully, officials said. The division has sent an estimation of Tk 120...

Green financing: $200m fresh BB fund soon

Siddique Islam | 2015-12-03 00:00:00

CHITTAGONG, Dec 02: The central bank is set to launch another fund worth US$200 million shortly for green financing in different productive sectors, including textiles and leather. Bangladesh Bank (BB) Governor Dr Atiur Rahman disclosed the decision at the foundation-laying...

Local co seeks to re-export LPG to blockade-hit Nepal

Syful Islam | 2015-12-03 00:00:00

A Bangladeshi company has sought permission from government to start re-export of liquefied petroleum gas (LPG) to Nepal that has been experiencing severe shortage of fuel and other essentials due to blockade of the supply route along its border with...

Behavioural economics and the dynamic themes of marketing

Nabeela Mobashwer | 2015-12-03 00:00:00

Academia is the backbone of a country's wellbeing. If the global trends are analysed, notable innovation can be observed in the academic curriculum to facilitate better performance in the important areas. It is time for Bangladesh to focus on such...

Global RMG market: A comparative study

Sarwar Md. Saifullah Khaled | 2015-12-03 00:00:00

In September, 2015, apparel imports into the US continued on their upward trajectory, with seven of the top ten supplier countries booking year-on-year growth. Bangladesh led the pack, posting a solid double-digit gain, with strong increases also recorded by Indonesia,...

The linkages between climate and conflict

Michael Renner for Reuters | 2015-12-03 00:00:00

It is sheer coincidence that Paris was struck by terrorists on the eve of a key climate conference known as COP 21. To some, the attacks may appear like an unfortunate distraction in the face of efforts to meet a...

From good intentions to deep decarbonisation

write Jeffrey D. Sachs, Guido Schmidt-Traub, and Jim Williams in New York | 2015-12-03 00:00:00

In the run-up to the United Nations Climate Change Conference (COP21) in Paris, more than 150 governments submitted plans to reduce carbon emissions by 2030. Many observers are asking whether these reductions are deep enough. But there is an even...

Export diversification: Not yet

M. A. Taslim | 2015-12-03 00:00:00

The modest export basket of Bangladesh during its early years was extremely concentrated. Only two products, viz. raw jute and jute goods, accounted for nearly 85 per cent of the total export. The concentration declined gradually to 63 per cent...

Ship breaking booming as a promising industry

Zahirul Islam Rinku | 2015-12-03 00:00:00

There are over 150 ship-breaking and- recycling yards in Sitakunda upazila along the coast of the Bay of Bengal. Although this huge industry started its journey by cutting old scrap ships at the beginning of 1980s, there was once a...

Will Bangladesh miss out on first demographic dividend?

Bazlul H Khondker and Muhammad Moshiur Rahman | 2015-12-03 00:00:00

The effects of demographic transition on economic growth has recently got a renewed attention in policy discourses. According to the Global Monitoring Report (2015), a 1.0 percentage point increase in the working-age population (15-64) has been estimated to enhance per-capita...

Education system in Bangladesh and role of teachers

HM Jahirul Haque | 2015-12-03 00:00:00

The lamentable condition of primary, secondary and higher education in the country is widely known. In the existing education system, ill-structured syllabus, lack of standard classroom, orthodox examination system, weak education administration, and political instability are the main reasons why...

Prosperity beckons: A call for greater readiness

Zaidi Sattar and Muhammad Shafiullah | 2015-12-03 00:00:00

  The Bangladesh experience this past year may be described as a mosaic of hope, despair, and the creation of momentous opportunities for shared prosperity in the years to come. After a tumultuous period of destructive violence that reached a point...

Global RMG market: A comparative study

Sarwar Md. Saifullah Khaled | 2015-12-02 00:00:00

In September, 2015, apparel imports into the US continued on their upward trajectory, with seven of the top ten supplier countries booking year-on-year growth. Bangladesh led the pack, posting a solid double-digit gain, with strong increases also recorded by Indonesia,...