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US election: Does character override everything else?

Zeenat Khan from Maryland, USA | 2016-10-12 00:00:00

Donald Trump's second presidential debate this past Sunday night (October 09) could have been far worse. In the end, the debate was not the dramatic cataclysm that everyone was bracing for. Prior to the debate, for 72 hours, the world...

Let Bangladesh be top recipient of IDA credit for nine more years

From Syful Islam | 2016-10-11 00:00:00

WASHINGTON D.C, Oct 10: Bangladesh is interested to receive the highest amount of credit for nine more years from the International Development Association (IDA), the soft lending arm of the World Bank, to expedite poverty reduction process, Finance Minister AMA...

Uniform import valuation earns surplus revenues

Doulot Akter Mala | 2016-10-11 00:00:00

Setting minimum value and tariff value by a regulatory order on import of some 200 commercial products helped the government earn an additional Tk 12 billion in customs duty in the first two months of the current fiscal year. The...

BD to ratify D-8 convention to increase economic co-op

Munima Sultana | 2016-10-11 00:00:00

Bangladesh has decided to ratify the Development-8  convention to get scope for increasing economic cooperation in different sectors among eight developing countries. The decision came from an inter-ministerial meeting held at the Ministry of Foreign Affairs on Thursday. Sources said...

BB moves to prepare database of mortgaged land properties

Rezaul Karim | 2016-10-11 00:00:00

The central bank has planned to prepare a comprehensive databank of mortgaged land properties aiming to prevent its reuse in taking out loans from banks and financial institutions, officials said. "Bangladesh Bank (BB) is working on a database of land...

America wakes up to Donald Trump with a video

M. Serajul Islam from Maryland, USA | 2016-10-11 00:00:00

When the dust settles over the 2016 presidential election, the question that would no doubt come back to haunt Americans is how did someone like Donald Trump ever come within such striking distance of the White House. He was going...

Bolt from the blue

Muhammad Zakiul Islam | 2016-10-11 00:00:00

Whether as a curse or as an improbable meteorological phenomenon, the proverbial saying, bolt from the blue, has been visiting Bangladesh in its starkest manifestation in the recent times. Although lighting from a cloudless sky might be a scientific unreality,...

Fish in dish

Abdul Bayes | 2016-10-11 00:00:00

Dr Md Saifuddin Shah, a researcher and retired Professor of Khulna University, has taken a close look at development of fisheries sub-sector arguing that 'the role of fish in food, nutrition, economy, employment and socio-cultural heritage of the nation is,...

Rivalry playground - the big picture

Imtiaz A. Hussain in the first of a five-part series titled Instincts and international relations | 2016-10-11 00:00:00

If only international relations (IR) were predictable. It used to be that the number of weapons each unit (bands, tribes, towns, countries) had could fairly accurately distinguish between the great-, middle-, small-, and non-powers: from spears, swords, and bayonets to...

Foreigners\' databank soon to track tax evasion

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

 Foreigners will come under a coordinated databank just after arrival so they could be traced until checkout and tax evasion by any of them prevented, officials said.     They said a databank having networking with relevant nodal points would be developed...

Road, rail in focus under $ 50b investment plan

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

Much of the focus would be on development of road and rail infrastructures in Chittagong-Cox's Bazar and Dhaka-Sylhet corridors under the around US$ 50 billion investment plan during Chinese President Xi Jinping's ensuing visit to Bangladesh, sources concerned said. They...

Denying Bangladesh DFQF trade facility \'unfortunate\'

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

WASHINGTON, D.C., Oct 9:  Bangladesh again appealed to the US administration to grant duty-free and quota-free (DFQF) market access to its apparel products on the American market. Making the request Saturday Finance Minister AMA Muhith pointed out that most countries...

Floating glass prices double for new tariff

Ismail Hossain | 2016-10-10 00:00:00

The retail prices of floating glass almost doubled in last four months, following imposition of new minimum import tariff on about 30 types of glasses in the national budget for the fiscal year 2016-17. According to port authorities and glass...

No change in creative questions format

Govt selects 12,619 teachers for instts | 2016-10-10 00:00:00

Education Minister Nurul Islam Nahid said on Sunday the government will not change its decision on reducing 10 marks from Multiple Choice Question (MCQ) method at both SSC and HSC examinations, report agencies. Mr Nahid has stuck to his guns...

July-Aug trade deficit rises

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

Country's overall trade deficit increased slightly in the first two months of the current fiscal year (FY) 2016-17 for higher import payments against relatively lower export earnings, officials said. The trade deficit rose by 5.0 per cent or US$25 million...

Quantitative strategies for investing on DSE

Golam Sakline | 2016-10-10 00:00:00

Data science, a field of study that has stolen the limelight recently, has triggered a massive race in the quantitative trading world. Dhaka-based firm Quantformatix, which provides consultancy and analytical solutions to corporate clients  using Quantitative Methods, put a few...

Bangladesh now a destination for Chinese trade and investment

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

The present Sino-Bangladesh relationship is characterised by close political and economic ties. The matrix of Beijing-Dhaka relations permeates multiple avenues, ranging from strategic to commercial, from energy security to infrastructural. Of these, the strategic ties are the most salient. Chinese...

Humanitarian act by youth spares society\'s blushes

Neil Ray | 2016-10-10 00:00:00

He is lean and thin, weighing just 44 kilograms. For a youth of his age, Imran Kabir, now preparing for admission to university, is certainly one of the rare lightweights in frame. In mental strength, though, the young man from...

Least exploitation of a great potential

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

Given the track record, syndicated loans should be a priority choice of banks and non-banking financial institutions (NBFIs). As against a default rate of over 10 per cent in the case of all loans disbursed by the country's commercial banks,...

News to cheer Bangladesh economy

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

Bangladesh economy has trodden a path in recent years that has yielded positive results, in spite of scepticism from the Jeremiads. The progress registered has been slow no doubt given the odds against which it has had to contend with...

BPC moves to assess actual liquid fuel consumption

Doulot Akter Mala | 2016-10-09 00:00:00

The state-run Bangladesh Petroleum Corporation (BPC) has moved to assess the country's actual energy consumption by compiling private sector's import data following suspected clandestine sourcing of fuels. Currently, the corporation does not have any data of private-sector import of energy...

Big investment plans to dominate talks with Xi

Talha Bin Habib | 2016-10-09 00:00:00

Bangladesh business community plans to propose to their Chinese counterpart to investment more in some priority sectors during the upcoming visit of China's president which is expected to yield huge development finances. President Xi Jinping is coming to Dhaka on...

BD raises concern over its poor access to climate fund

From Syful Islam | 2016-10-09 00:00:00

WASHINGTON D.C, Oct 8: Bangladesh  expressed dissatisfaction Friday over its very little access to global climate finance despite being one of the worst victims of the climate change. Finance Minister AMA Muhith expressed the dismay at a meeting with World...

Project finance hitch hits ERL\'s 2nd unit

Rezaul Karim | 2016-10-09 00:00:00

Installation of the second unit of Eastern Refinery Limited (ERL), a subsidiary of the state-owned Bangladesh Petroleum Corporation (BPC), now has been hit by a project finance hitch. A senior official said implementation of ERL unit-2 project, taken at a...

WB, IMF urge global finance leaders for steps towards ending extreme poverty

From Our Special Correspondent | 2016-10-09 00:00:00

WASHINGTON D.C, Oct 07: Heads of the World Bank (WB) and International Monetary Fund (IMF) Friday urged the world's finance leaders to take urgent steps towards inclusive growth for ending extreme poverty. "… act with that (of Dr. Martin Luther...

Bangladesh makes marginal progress

Helal Uddin Ahmed | 2016-10-09 00:00:00

The government of newly independent Bangladesh formed the Civil Administration Restoration Committee (CARC) in 1971 to examine and recommend measures for restoration of civil administration in the country. The CARC presented its report in 1972 after examining different issues related...

When globalisation eats its young

Harold James in Princeton | 2016-10-08 00:00:00

Evidence that globalisation is reversing continues to pile up: trade and international capital flows are sluggish, and migration is increasingly being restricted. These trends emerged in the aftermath of the 2008 financial crisis, so they can't be blamed on a...

Move to frame policy on fish biodiversity

Talha Bin Habib | 2016-10-08 00:00:00

The government is set to formulate a policy on fish biodiversity management in the cross-border rivers aiming to boost fish production and save the rare species of fishes from extinction, officials said.   To this effect, the ministry of fisheries and...

Volatility marks DSE trading, daily average turnover declines 3.4pc

Mohammad Mufazzal | 2016-10-08 00:00:00

The Dhaka bourse passed the week that ended Thursday through volatility, although investors were cheerful following some positive news regarding market reforms and economic indicator. The benchmark index added some points last week, although the turnover declined a little bit...

A layman in the realm of Economics

Abdullah Masum | 2016-10-08 00:00:00

As a newcomer in the realm of study of Economics, at the beginning this scribe felt a bit perplexed. Let him explain what he means. During the first lesson of Economics, he found this study a bit odd compared to...