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Beeline for Mongla port lands

Syful Islam | 2016-10-22 00:00:00

Both public and private sectors got into a rush to get lands in the vicinity of Mongla seaport for building industrial units, officials said, as entrepreneurs seemed lured by major uplift plans. This past week alone, the ministry of shipping...

Japan-funded projects facing blow for lack of consultants

Munima Sultana | 2016-10-22 00:00:00

A number of Japanese-funded projects in the country are experiencing setback, as many Japanese consultants are still uncertain about joining their work over Japanese consultants despite Bangladesh government's repeated assurance in this regard. Many Japanese companies are also refraining from...

Beauty enhancement or inviting perils!

Nilratan Halder | 2016-10-22 00:00:00

The industry that exploits the inborn human desire to look attractive is cosmetic industry. Even long before the start of the modern industrial age, people knew the use of fresh turmeric, sandal-wood paste, rose water and many other herbal leaves,...

Gene editing and seed stealing

Chee Yoke Ling and Edward Hammond in Austin, Texas | 2016-10-22 00:00:00

Four hundred years ago, John Rolfe used tobacco seeds pilfered from the West Indies to develop Virginia's first profitable export, undermining the tobacco trade of Spain's Caribbean colonies. More than 200 years later, another Briton, Henry Wickham, took seeds for...

Glory days of handwriting gone

Saleh Akram | 2016-10-22 00:00:00

The art of handwriting is fast disappearing and will soon be treated as a matter of the past and thrown into the archives. Whether handwriting should be allowed to decline and gradually fade into oblivion or not is an issue...

Improve fiscal health by slashing classified loans

Siddique Islam | 2016-10-21 00:00:00

The central bank has asked the four state-owned commercial banks (SoCBs) to improve their financial health immediately through reducing the volume of classified loans. The public sector banks have also been advised to go for disbursing small- and medium-scale loans...

India raises concern over BD trade protection

Syful Islam | 2016-10-21 00:00:00

India has expressed concern over a set of measures Bangladesh took in the current budget to protect domestic industries, which are in turn 'affecting' their business in Bangladesh, officials said on Thursday. Indian Deputy High Commissioner in Dhaka Dr Adarsh...

Teletalk to be tough competitor in one yr

Tarana says while opening service centre | 2016-10-21 00:00:00

State Minister for Posts and Telecommunications Tarana Halim on Thursday said Teletalk, the state-owned mobile phone operator, will emerge as a strong competitor in the country's telecom market within a year with its improved network and services, reports UNB. "Different...

A paradigm shift from public procurement to PPP procurement

Shafiul Alam | 2016-10-21 00:00:00

Public-Private Partnership (PPP) is a growing concept under the present-day market oriented economy across the world. In the implementation of large public infrastructure projects governments can find it convenient to involve the private sector for enhancing skills, quality, competitiveness and...

Progress towards children\'s well-being in South Asian countries

S. M. Rayhanul Islam | 2016-10-21 00:00:00

Since the adoption of the Convention on the Rights of the Child (CRC) in 1989, the world has taken various initiatives for its children for doing everything to protect and promote their rights - to survive and thrive, to learn...

Streamlining ambulance service

Nilratan Halder | 2016-10-21 00:00:00

When a vehicle called ambulance itself is a misnomer, its service beggars description. It is a wholesale racket that is going on in the name of private ambulance service in the city and elsewhere in the country. The very premise...

Computing real data on service export

Asjadul Kibria | 2016-10-21 00:00:00

Trade in services or service trade is still a confusing concept in many countries including Bangladesh.  Unlike merchandise trade where visible products and commodities are exchanged among the trading partners in the form of export and import, trade in services...

Bangladeshi roots: Nationalism as a source of instincts

Imtiaz A. Hussain in the fourth of a five-part series titled Instincts and international relations | 2016-10-21 00:00:00

Bangladesh does not have any balance-of-power/security or balance-of-trade/economic history long enough or strong enough to breed instincts of the sort hitherto discussed in this series: true, as East Pakistan we were part of the South-east Asian Treaty Organisation (SEATO) U.S....

Product development competition in JU

Syed Ashraf Ali | 2016-10-20 00:00:00

In the era of modern business models and strategies, a business graduate can achieve different skill sets and experiences through participating in a wide range of business competitions nationally and globally which help them prepare for the business world. On...

Incorporation of professionalism and creativity

Rafsan Zaman and Ragib Islam | 2016-10-20 00:00:00

If those people who have at least once 'really' been to a club close their eyes and try to fumble through all those tucked away memories from their club life, it wouldn't be of those moments of accomplishment but of...

Users suffer as Dhaka airport lacks dedicated transport system

Munima Sultana | 2016-10-20 00:00:00

The country's main international airport has long been running without any dedicated transportation system and facility for its thousands of inbound and outgoing passengers, whose number has increased manifold over the last three decades. In absence of such an important...

Import sees modest Q1 growth

Siddique Islam | 2016-10-20 00:00:00

Overall import marked a modest growth by 1.63 per cent in the first quarter (Q1) of the current fiscal year over the corresponding previous period, said officials, who hope for a boost from upcoming China-funded projects. "The overall imports increased...

Check-posts help collect income tax from departing foreigners

Doulot Akter Mala | 2016-10-20 00:00:00

Income tax check posts set up at air and land ports for scrutinising payment of tax by foreign nationals have started paying dividends, according to sources.   The income tax wing under the National Board of Revenue (NBR) collected around Tk...

Probashi bank grapples with capital crunch

Rezaul Karim | 2016-10-20 00:00:00

Probashi Kallyan Bank (PKB) has been hamstrung by acute capital shortage, which has been hampering its operational activities, officials said. A senior official of the bank said the paid-up capital of the bank is Tk 1.0 billion, but of the...

A great leap forward in bilateral cooperation with China

Syed Jamaluddin | 2016-10-20 00:00:00

President Xi Jinping's two-day visit, from October 14-15, was the first by a Chinese President to Bangladesh in 30 years. Six years ago, Xi visited the country as Vice President. At the end of his visit this time, Bangladesh and...

What is strategic about Bangladesh-China relationship?

Hasnat Abdul Hye | 2016-10-20 00:00:00

The first visit by a Chinese President to Bangladesh in thirty years has been correctly described as a milestone in the relation between the two countries. This has assumed an additional significance because of the emergence of China as the...

NBR asks field offices to assess compliance

Doulot Akter Mala | 2016-10-19 00:00:00

The National Board of Revenue (NBR) has decided to gather information about the level of compliance with its order to install Electronic Cash Register (ECR) or Point of Sale (POS) by the businesses across the country. Officials said the Value...

Consultancy deal signing today

Munima Sultana | 2016-10-19 00:00:00

A tri-national consultancy firm of Australian, Denmark and Bangladesh has been picked to supervise the construction work of the country's first river tunnel down the Karnaphuli, financed by China. The Bangladesh Bridge Authority (BBA) is set to sign an agreement...

Vanishing collaterals

Shamsul Huq Zahid | 2016-10-19 00:00:00

The Bangladesh Bank (BB), reportedly, is planning to build a data warehouse that would help reduce mortgage-related hassles and fraudulent activities in the country's banking sector. The quality of collaterals, received by banks against loans in the form of immovable...

BIDA\'s maiden move to create Tk 1.1b venture capital fund

Rezaul Karim | 2016-10-19 00:00:00

The Bangladesh Investment Development Authority (BIDA) has for the first time taken a move to create a venture capital fund worth Tk1.10 billion for promoting new entrepreneurs who usually do not get access to formal funding, officials said. The new...

Financial literacy facilitates financial inclusion

Shah Md Ahsan Habib concluding his two-part article titled Addressing financial exclusion challenge through appropriate products | 2016-10-19 00:00:00

The proper design of financial products, along with their respective delivery methodologies, is fundamental to an institution's effective and sustainable delivery of financial services. Inclusive products are designed from three perspectives: clients, service providers, and regulators.  Inclusive design of the...

Supply chain and farm produces

Abdul Bayes | 2016-10-19 00:00:00

The era of rice predominantly influencing Bangladeshi diet seems to have gone. Urbanisation, sustained income growth and decline in poverty 'are continuing to change consumption patterns and heighten demand for a more diverse range of agricultural products'. Consumers aside, the...

Emerging markets face uneven outlook

Sarwar Md. Saifullah Khaled | 2016-10-19 00:00:00

The International Monetary Fund (IMF) warning a low-growth future for the global economy said on October 04, 2016 that protectionist political trends risked "turning back the clock" on free trade. In its new World Economic Outlook (WEO) report, the global...

The state of economic emancipation

Muhammad Abdul Mazid | 2016-10-19 00:00:00

Bangladesh was born out of a war for freedom, democracy, social justice, self-reliance and economic emancipation, what Andre Malraux once called "the last noble cause." Since defeating Pakistan in the Liberation War and emerging as an independent and sovereign state...

Mongla port may get Tk 44b for upgrade

Talha Bin Habib | 2016-10-18 00:00:00

The government has planned a Tk 43.93 billion project for modernisation of Mongla Port, considering the growing demand for using the port by Bangladesh and other South Asian countries, officials said. The Ministry of Shipping (MoS) has prepared a development...