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WTO: Multilateral trade regime at stake again

Asjadul Kibria | 2016-11-05 00:00:00

Less than one year after the 10th ministerial conference of the World Trade Organisation (WTO) in Nairobi in December, 2015, there is now a move for holding its next ministerial conference (MC11). The WTO General Council (GC) in the first...

Pvt sector credit growth in Sept falls slightly

Siddique Islam | 2016-11-04 00:00:00

Private sector credit growth fell slightly again in September mainly due to lower payment obligations particularly back-to-back imports for ready-made garment (RMG) sector, officials said. The growth in credit flow to private sector came down to 15.34 per cent in...

Elevated walkway in Gulistan can be disastrous: Experts

Munima Sultana | 2016-11-04 00:00:00

Transport experts have criticised the plan of constructing an elevated walkway in Gulistan area instead of freeing the existing footpaths, saying it could be disastrous for the city's future transport plans. Dhaka South City Corporation (DSCC) has taken the plan...

Hopes run high for Saudi investments as team arrives

Talha Bin Habib | 2016-11-04 00:00:00

Saudi entrepreneurs are expected to finalise investment deals with their Bangladeshi counterparts during their visit to the country beginning from Sunday, according to business insiders. The visit of Saudi businessmen comes after Prime Minister (PM) Sheikh Hasina's recent trip to...

Expansion of higher education in Asia: An appraisal

S. M. Rayhanul Islam | 2016-11-04 00:00:00

Since the 1980s, higher education and research have developed rapidly in Asia. This has been a logical consequence of the booming economies in countries such as Malaysia, Singapore and South Korea. Regardless of whether their economic successes were built on...

Admission faux pas or quality gap!

Nilratan Halder | 2016-11-04 00:00:00

Right at this moment candidates seeking admission to different universities, medical colleges and institutes are going through a most critical phase of life full of anxiety. Their grade point average (GPA)-5 is no guarantee for a placement in one of...

SAES conference, SDGs, SAARC hangover: A walk in the dark?

Imtiaz A. Hussain concluding a two-part article on the Ninth South Asia Economic Summit (SAES), held in Dhaka on October 15-16 | 2016-11-04 00:00:00

On the eve of the Ninth South Asian Economic Summit (SAES), both Bangladesh and India led the way to boycotting the scheduled November 2016 South Asian Association for Regional Cooperation (SAARC) summit in Islamabad, Pakistan. Irrespective of this political decision,...

Chinese loans and the risk of debt distress

Zarif Iftekhar Rasul | 2016-11-04 00:00:00

Over the past few weeks, the visit of the Chinese President has been a topic generating much discussion at various levels. While the bulk of the discussion centred on the $24-billion financial assistance and what it entails for Bangladesh's economic...

The event that made students more ambitious

Ramisa Maliyat Ongira | 2016-11-03 00:00:00

Bangladesh University of Professionals (BUP) has successfully concluded its three-day long event 'Chakri.com Presents BUP Career and Education Fest 2016'. The event took place on October 23, 24 and 29, 2016. The fest provided a complete package of guidelines for...

Feni bridge project in limbo

Munima Sultana | 2016-11-03 00:00:00

Even though five years have already elapsed, the Indian government is yet to start the construction work of a small bridge over the Feni River at their own cost. Official sources said the Roads and Highways Department (RHD) has taken...

Interest rate spread narrows slightly

Siddique Islam | 2016-11-03 00:00:00

Overall spread between lending and deposit interest rates further narrowed slightly, as of September, as country's commercial banks charged a little lower on loans, officials said. The weighted average spread between lending and deposit rates offered by the commercial banks...

A step towards the corporate world

Tamima Islam | 2016-11-03 00:00:00

NSUers Meets Corporate Icons, better known as NMCI, held its 7th session on October 16 and 17, 2016. It was organised by the student run club-- NSU YES!. There attended major corporate icons in this two-day event.  The event offered...

Support groups: An emotional safety net

Zeenat Khan from Maryland, USA | 2016-11-03 00:00:00

This past Halloween night (October 31), one of my neighbours (let me call her Lillete) went trick-or-treating with her five-year-old granddaughter in matching Winnie the Pooh costumes. It was nice to see her inner youth, all decked out, and joining...

Disaster management: The role of JICA

Lamia Mohsin | 2016-11-03 00:00:00

The Japan International Co-operation Agency (JICA) operates in more than 150 countries across the world. JICA's projects in Bangladesh focuses on seven major sectors: Energy/Power, Health, Education, Governance, Rural Development, Disaster Management, and Transportation. In the area of disaster management,...

Bringing the financial system back on track

Nironjan Roy from Toronto, Canada, concluding a six-part series titled Managing and streamlining non-performing loans | 2016-11-03 00:00:00

The proposed bailout project to clean up accumulated non-performing loans (NPLs) is a very big and challenging one. However, bailout package, securitisation, involvement of Asset Management Companies (AMCs) and easing-up are very common practices in the developed world to help...

19 firms seek to raise Tk 10.34b

Mohammad Mufazzal | 2016-11-02 00:00:00

IPO proposals coming from 19 public limited companies (PLCs) are now awaiting approval of the Bangladesh Securities and Exchange Commission (BSEC). The PLCs seek to raise an aggregate amount of Tk 10.34 billion under both the book building and fixed...

The falling standard

Shamsul Huq Zahid | 2016-11-02 00:00:00

The observation that the current standard of medical education and health services is at its worst in the history of Bangladesh is likely to draw strong protests from most health sector administrators and physicians. But what if such an observation...

Dhaka to raise Delhi\'s anti-dumping probe at trade talks on Nov 16

Munima Sultana | 2016-11-02 00:00:00

Bangladesh is likely to raise the issue of anti-dumping investigation India has launched on jute goods from Bangladesh at the upcoming commerce secretary level meeting, official sources said. India would request Bangladesh to reduce the tariff structure for steel billets,...

Finance ministry rejects proposal of charge on microfinance income

Ismail Hossain | 2016-11-02 00:00:00

The ministry of finance has turned down a proposal to impose a 0.15 per cent service charge on the interest income of microfinance institutions (MFIs). The microcredit regulator sent the proposal in January, saying the service charge will be used...

Bailout package for banks to clean up NPLs

Nironjan Roy from Toronto, Canada in the fifth of a six-part series titled Managing and streamlining non-performing loans | 2016-11-02 00:00:00

Bailout package is very common with the government or regulatory authorities all over the world. It is undertaken particularly when banks or financial institutions are in trouble with their liquidity shortage resulting from debt problem. The longstanding problem of non-performing...

Priorities in achieving SDGs in Bangladesh

Polin Kumar Saha | 2016-11-02 00:00:00

As a signatory to SDGs (Sustainable Development Goals) framed by the United Nations, Bangladesh is required see that its development policies are SDG compliant. The SDGs have 17 major goals covering a total of 169 targets that include a broad...

Belt and Road Initiative may help ease regional tension

Sarwar Md. Saifullah Khaled | 2016-11-02 00:00:00

The initiative, proposed by Chinese President Xi Jinping in 2013, comprising the Silk Road Economic Belt and the 21st Century Maritime Silk Road has brought together over 100 countries, including Bangladesh, in Asia, Europe and Africa, via land and maritime...

Tk deflates slightly against US dollar

Siddique Islam | 2016-11-01 00:00:00

The local currency has depreciated slightly against the US dollar after maintaining stability for more than seven months in the inter-bank foreign exchange (forex) market, treasury officials said. The US dollar was quoted at Tk 78.41-Tk 78.44 in the forex...

DLS launches mobile services to provide info about poultry, cattle diseases

Talha Bin Habib | 2016-11-01 00:00:00

The government has launched services to provide information about the diseases of livestock and poultry birds to the farmers, considering the contribution of the sector, officials said. As part of the initiative, the department of livestock services (DLS) has already...

Govt to review PSB plea to include RMG workers

Rezaul Karim | 2016-11-01 00:00:00

The Ministry of Finance (MoF) has formed a high-powered committee to review a proposal to include readymade garment (RMG) workers in the 'micro-savings programme' now being operated for the members of 'One Home, One Farm' project. Officials said Palli Sanchay...

Preparing comprehensive plan to deal with NPLs

Nironjan Roy in the fourth of a six-part series titled Managing and streamlining non-performing loans from Toronto, Canada | 2016-11-01 00:00:00

Some loans turned non-performing in the 80s and 90s of the last century or even prior to that and are being carried over in the bank's books. There is no justification of carrying over these bad loans for decades together....

Why agriculture still matters

Abdul Bayes | 2016-11-01 00:00:00

At some stages of our economy, we thought, we had become self-sufficient in agriculture, especially in rice, and lived in a world of complacency - and removed major, if not all, subsidies and supports to agriculture. Then came the worldwide...

SAES conference, SDGs, South Asian poverty: The uninvited guest

Imtiaz A. Hussain in the first of a two-part article on the Ninth South Asia Economic Summit (SAES), held in Dhaka on October 15-16 | 2016-11-01 00:00:00

Central to Agenda 2030 in the U.N. Sustainable Development Goals (SDGs) crusade is the elimination of poverty, itself requiring sustainability of sorts across several frontiers, from such basics as food security, health, education, and gender-equality to such resources as water,...

Privacy for refugees

Inga Kroener in London | 2016-11-01 00:00:00

With people living so much of their lives online nowadays, it is easier than ever for governments and companies to collect large amounts of personal information. Not surprisingly, data privacy is a hot topic. But there are plenty of people...

Manna from China: Investment proposals aplenty

M. A. Taslim | 2016-10-31 00:00:00

The Chinese President Xi Jinping, who was in Dhaka on a state visit on October 14-15, gave Bangladesh a gift of a cornucopia of investment proposals amounting to US$24.5 billion. This offer could not have come at a more opportune...