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Water sharing: An opportunity cost dilemma in South Asia

Muhammad Abdul Mazid | 2016-09-20 00:00:00

Over the past few decades, many of the 54 rivers in Bangladesh that originate in India have been either diverted or dammed upstream, inside India. All of these hydro-developmental initiatives have left a profound impact on the ecology of Bangladesh...

Turnover tax ceiling may rise

Doulot Akter Mala | 2016-09-19 00:00:00

Businesses may enjoy a higher ceiling of turnover tax while some price-sensitive items are set to be fully exempt from VAT under a new law. The National Board of Revenue (NBR) is exploring the possibility of granting the two relaxations...

Academy for Securities Market in the offing

Mohammad Mufazzal | 2016-09-19 00:00:00

The securities' regulator will establish an academy for educating investors on capital market. The Bangladesh Securities and Exchange Commission (BSEC) has formulated draft rules on development of investment education and training including the provision of establishing an academy. As per...

Rail connectivity core issue now for wooing investors

Munima Sultana | 2016-09-19 00:00:00

Government authorities have moved to establish rail connectivity with special economic zones across the country during site development to woo investors and make investment worthwhile. Official sources said selecting the EZs depends on the cost-effectiveness of investing money in building...

New programme offers aid to Syrian amputees

Tom Rollins of Al Jazeera in Beirut | 2016-09-19 00:00:00

When a shell landed next to 13-year-old Ghadeer in the street last year, her whole life changed in an instant. "An artillery shell exploded while we were walking down the street on our way to visit our relatives," she said....

Family of man killed by Israeli army feels \'powerless\'

Nigel Wilson of Al Jazeera in Silwad, occupied West Bank | 2016-09-19 00:00:00

On a recent afternoon, three generations of the Hamed family gathered in the living room of their family home in the occupied West Bank town of Silwad. Reunited amid grim circumstances, the family was mourning the death of Iyad Hamed,...

Stone Age mummy still revealing secrets, 25 years on

Simon Sturdee of AFP in Bolzano, Italy | 2016-09-19 00:00:00

When police heard about the frozen corpse up in the Alps in September 1991, they opened a criminal probe. Murder it was, but the crime was rather old -- and the ultimate cold case. The dead man, found by hikers...

Developing inclusive financial system for sustainable development

Shah Md Ahsan Habib in the first of a three-part article on Sustainable financial system | 2016-09-19 00:00:00

Designing a sustainable financial system and following effective actions are essential for ensuring financial stability of developing countries like Bangladesh. A 'founding platform' built with relevant policy actions and responses of the financial sector market players is a crucial pre-condition...

Motherless babies in the making

Neil Ray | 2016-09-19 00:00:00

The possibility of making women irrelevant for reproduction of the humankind has been unveiled. A British team led by Dr Tony Perry, a molecular embryologist at the University of Bath, has in fact created three generations of mice by adopting...

Workplace safety beyond apparel units

Shamsul Huq Zahid | 2016-09-19 00:00:00

Of the major six industrial accidents taking place in the world between 2007 and 2016, three had happened in Bangladesh, said a report published in the recent issue of a Dhaka daily. The death toll of these accidents was substantial,...

Families of Tampaco fire victims yet to get Tk 0.2m each

Talha Bin Habib | 2016-09-18 00:00:00

Even one week after the incident, families of the victims of Tampaco foils factory fire at Tongi in Gazipur district are yet to receive financial assistance from the government, as announced, due to administrative delay, officials said.   The Ministry of...

Price slump spurs rawhide smuggling

Ismail Hossain and Yasir Wardad | 2016-09-18 00:00:00

Low-down prices of rawhides and skins of sacrificial animals have spurred the smuggling of the potential item out of the country at large volumes than in previous years, sector-insiders said.   Many opted for trading out the unprocessed leather as seasonal...

Govt plans to raise tax revenue to 14.1pc of GDP

Doulot Akter Mala | 2016-09-18 00:00:00

The government has drawn up a draft action plan for raising the volume of tax revenue equivalent to 14.1 per cent of the gross domestic product (GDP) by fiscal year (FY) 2019-20. Under the plan, prepared by the Internal Resources...

The role of factory owners in ensuring workplace safety

M Jalal Hussain | 2016-09-18 00:00:00

Bangladesh is a low-cost emerging economy with the status of lower middle-income country, where apparels manufacturing and exports have become an important livelihood of millions of people from both urban and rural areas. It's the major labour-intensive sector of the...

The struggle to ban \'triple talaq\' in India reaches a crucial stage

Zeenat Khan from Maryland, USA | 2016-09-18 00:00:00

India's Home Minister Rajnath Sing, Finance Minister Arun Jaitley, Defence Minister Manohor Parrikar and Women and Children Development Minister Maneka Gandhi held a meeting in New Delhi on September 15 on the issue of banning 'triple talaq'. In the high-level...

Manipulation in hides and skins trading

Syed Jamaluddin | 2016-09-18 00:00:00

Prices of cow hides of sacrificial animals are 30 per cent lower this year. Retail traders could sell the skin of a cow at Tk 1,300 to Tk 1,500 which is lower than last year by Tk 500.This year the...

Govt plans \'blended\' loan to reduce interest rate burden

Syful Islam | 2016-09-17 00:00:00

The government, for the first time, is set to receive 'blended' loan from the World Bank in a bid to get fund at low-interest rate, officials said. The loan is a mixture of hard-term and soft credit. The decision has...

FM, NBR find DCCs\' proposal too complex

Doulot Akter Mala | 2016-09-17 00:00:00

The city-dwellers are unlikely to pay new 'cess' (an assessed tax), proposed by two city corporations recently, as the finance minister has found it too complex to implement along with the existing tax system. Finance minister AMA Muhith's observation came...

Turkey to build world\'s biggest airport in Istanbul

Jasim Uddin Haroon, back from Istanbul | 2016-09-17 00:00:00

Turkey is building the world's biggest airport in Istanbul with having a capacity of 150 million passengers a year mainly to cope with its thriving air traffic. The national flag carrier of Turkey is eyeing to grab a major chunk...

Some Padma bridge pillars built pending completion of full design

Munima Sultana | 2016-09-17 00:00:00

The Bangladesh Bridge Authority (BBA) has constructed some pillars of the Padma bridge even before confirmation of the entire bridge design just to make up for the time loss. The contractor has already been six months behind the schedule with...

Animals help comfort traumatised Iraqi children

Abdelazizz Ahmed of Al Jazeera in Erbil, Iraq | 2016-09-17 00:00:00

Eight-year-old Hiwa is delighted when she gets to pet the birds and puppies brought by a group of volunteers to Iraq's Qushtapa camp. "We are already friends. I sing with the birds all the time," Hiwa said. In the Qushtapa...

Ravaged by conflict, Yemen\'s coast faces rising malnutrition

Ahmed al-Haj of AP in Hodeidah | 2016-09-17 00:00:00

Sitting by her son's hospital bed, Houdaid Masbah looks at her 5-year-old boy's skeletal body and sunken cheeks, helplessness engulfing her like a thick cloud - a desperation she shares with many other mothers in Hodeidah. Even before the war,...

Water protests in tech hub expose urban India\'s growing pains

Supriya Kurane and Robin Paxton of Reuters in Bengaluru | 2016-09-17 00:00:00

Oracle employees were at work last Monday when protesters entered their nine-storey building in India's technology hub, Bengaluru, and asked them to leave in support of demonstrations that had erupted across the city over a water dispute. By early afternoon,...

The gateway to hell

Dave Stamboulis of BBC | 2016-09-17 00:00:00

It was a searing 43C in the shade, but Dawit, a young Ethiopian guide, said temperatures here in the Danakil can top 50C. One of the more remote spots on the planet, northeastern Ethiopia's Danakil Depression holds the title as...

One year on, Volkswagen wants to leave \'dieselgate\' behind

Estelle Peard of AFP in Frankfurt | 2016-09-17 00:00:00

One year ago, Volkswagen's cheating on emissions tests for millions of its diesel cars erupted into public view, leaving the mammoth carmaker battling an unprecedented crisis. Barely a week has passed since that has not seen a fresh twist in...

A recipe for reducing Dhaka traffic snarls

Ahmad Md Shakil | 2016-09-17 00:00:00

Adam Smith is considered the Father of Economics for his book titled "An Enquiry into the Nature and Causes of the Wealth of Nations" published in 1776. This is the compilation of five related books. Of these five books, the...

Artificial growth: At what cost?

Nilratan Halder | 2016-09-17 00:00:00

Cow fattening has become a cause for serious concern, particularly ahead of the sacrifice of the animal on the occasion of Eid-ul-Azha. Random use of steroid-like substances for the purpose has been reported in the media. Last year, the death...

Health on Wheels a global initiative to serve workers locally

Helal Uddin Ahmed | 2016-09-17 00:00:00

Farmers and industrial workers provide life-blood of the Bangladesh economy. The comparative advantage that Bangladesh enjoys in terms of cheap labour costs emanates from the hard-working labourers of the country. But it is unfortunate that despite making such an enormous...

The World Bank\'s recipe for irrelevance

Devesh Kapur in Philadelphia | 2016-09-17 00:00:00

World Bank President Jim Yong Kim's nomination for a second term is inexorably moving forward with a lack of transparency that has become all too typical. Many observers are once again gnashing their teeth at the United States' continued monopoly...

Probing the productivity paradox

Kemal Dervis and Zia Qureshi in Washington, DC | 2016-09-17 00:00:00

Over the last decade or so, productivity growth has slowed considerably in most major developed economies, even as impressive advances have been made in areas like computing, mobile telephony, and robotics. All of these advances ostensibly should have boosted productivity;...