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Agriculture and the 7th FYP

Saleh Akram | 2015-10-23 00:00:00

The government's Vision-2021 is mainly focused on achieving a middle income status. To materialise the vision, a strategy paper has been prepared for development of the agriculture sector under the 7th five year plan wherein performance of the 6th Five...

European stakes in Bangladeshi thresholds

writes Imtiaz A. Hussain in the sixth of a ten-part write-up on \'Infrastructure-building and diplomacy\' | 2015-10-23 00:00:00

Very much like the United States, the 2013-4 EU (European Union) concern about our democracy translated into a drive to reform our institutions, but unlike the United States, no GSP (general system of preferences)-type wrinkle dangled like a Damoclean sword...

‘Tax amnesty works little to recover stashed money’, experts

Asjadul Kibria | 2015-10-22 00:00:00

JAKARTA, Oct 21: Tax amnesty has worked little so far to recover or bring back money already stashed from the developing countries.This has been the consensus of views, expressed by experts, civil social members and activists from around the world,...

BD to seek more FDI in BCIM forum meeting

Talha Bin Habib | 2015-10-22 00:00:00

Bangladesh is expected to seek more foreign direct investment (FDI) and bilateral cooperation for developing trade and investment during the two-day BCIM Economic Corridor Development Forum meeting next month in China, officials said. Besides, the participating countries will also discuss...

Upcoming global student competitions

Nabeela Mobashwer | 2015-10-22 00:00:00

In this era of competitiveness and the relentless thirst to prove one's worth, student competitions have created an irrevocable buzz. Globalisation today has settled in on every shape. Everyone pursues excellence of a global standard. Students now venture into platforms...

Developing countries and regions through pragmatic co-operation

Dilip Barua | 2015-10-22 00:00:00

In this globalised world political parties around the world play extremely important roles in political, economic and social life. So this type of conference may help enhance deeper multidimensional understanding for enjoying fruits of regional, continental and world connectivity. Comrade...

Prospects of the leather industry

Sarwar Md. Saifullah Khaled | 2015-10-22 00:00:00

This year's raw hides' price rates during the Eid-ul Azha was fixed on October 02 at a joint meeting of the Bangladesh Finished Leather, Leather Goods and Footwear Exporters' Association (BFLLFEA), Bangladesh Tanners Association (BTA), and Bangladesh Hides and Skin...

Microcredit: Success stories and criticisms

Nadia Neheli | 2015-10-22 00:00:00

Like all other innovations, microcredit is not flawless. But it seems controversy over microcredit is exaggerated. A survey was undertaken on impact and client satisfaction of microcredit by the BRAC this year. It was found that the only demand of...

Arsenic contamination and drowning

Abdul Bayes | 2015-10-22 00:00:00

The Millennium Development Goal (MDG) targets to cut under-5 mortality rate by two-thirds by 2015 (MDG-4). It is a piece of good news that considerable gains have been achieved and many countries are reportedly on track to meet the target....

United Airways inks deal with ICB Capital Management

FE Online Desk | 2015-10-21 00:00:00

United Airways (BD) Ltd., the only listed company in the aviation sector of the country, signed an agreement with ICB Capital Management Ltd, a subsidiary of Investment Corporation of Bangladesh (ICB), at the office of the latter Tuesday. Under the...

Adding value to manpower thru skill development

Shamsul Huq Zahid | 2015-10-21 00:00:00

Though initiated belatedly, the project, styled Skills for Employment Investment Programme (SEIP), launched in July last year at an estimated cost of over US$1.0 billion by the Finance Division, to produce skilled manpower for both home and external markets, if...

Opportunities to capitalise on regional integration

Sanjay Kathuria, Mariem Mezghenni Malouche and Johannes Zutt | 2015-10-21 00:00:00

Bangladesh's experience in creating jobs shows the power of the global market.  The ready-made garments sector (RMG) has provided four million jobs to Bangladeshi workers, including many women, and that demand has created ten million indirect jobs. But the challenges...

Growing NPLs, leases push down NBFIs\\\' assets in Q2

Siddique Islam | 2015-10-21 00:00:00

Growing non-performing loans (NPL) and leases pushed down asset quality of the country's non-banking financial institutions (NBFIs) in the second quarter (Q2) of this calendar year, according to a latest official finding.    "Capital adequacy ratio (CAR) of the NBFIs also...

Transparency in taxation key to capital flight fight

Asjadul Kibria | 2015-10-21 00:00:00

JAKARTA Oct 20: Freedom of information and transparency in taxation become instrumental in containing illegal financial flows or capital flights from developing countries. But governments of many of these countries are reluctant to act in that direction, although illegal financial...

Delhi requests Dhaka to examine possibility

Munima Sultana | 2015-10-21 00:00:00

India is mulling over a proposal to link Agartala, capital of Tripura, with Akhaura of Bangladesh by railway as a part of the proposed Trans-Asia Railway (TAR) network, sources said. The Indian government has already sought Bangladesh's opinion on its...

11 prosecution witnesses to be quizzed again

Sylhet Correspondent | 2015-10-21 00:00:00

SYLHET. Oct 20:  Eleven prosecution witnesses in the sensational killing case of 13-year-old Samiul Alam Rajon will be quizzed by pleader of the prime accused Kamrul Islam. The Sylhet Metropolitan sessions judge Akbar Hossain Mridha ordered it as Kamrul's counsel...

Govt to bank on new bill for quick borrowing

Rezaul Karim | 2015-10-21 00:00:00

The government is going to put in its pocket a new short-term instrument to meet immediate need for funds to avoid any crisis, officials said. Known as Cash Management Bill (CMB), the new instrument is being launched mainly to address...

On local government elections

Syed Jamaluddin | 2015-10-21 00:00:00

The government has decided that all local government elections will be held on party basis. Hence elections to upazila parishad, pourashaba, zila parishad and union parishad will be held with party symbols and banners. Some allege that this will establish...

The path to carbon pricing

Christine Lagarde and Jim Yong Kim | 2015-10-21 00:00:00

In just six weeks, world leaders will meet in Paris to negotiate a new global climate-change agreement. To date, 150 countries have submitted plans detailing how they will move their economies along a more resilient low-carbon trajectory. These plans represent...

Stocks see positive trend

FE Online Report | 2015-10-20 00:00:00

DSE continued to see positive trend for the second consecutive session Tuesday.  DSE benchmark index DSEX rose 0.28 per cent or 13 points to close at 4657 points. The other two indices-- DSES and DS30--also went up by 0.62 per...

\\\'Tax-havens\\\' routing 60pc of global trade

Asjadul Kibria | 2015-10-20 00:00:00

JAKARTA, Oct 19: As 'tax-havens' are now routing some 60 per cent of international trade, multinational corporations (MNCs) have become more aggressive in evading taxes. As the volume of global trade was estimated at $23.5 trillion in 2013, of which...

Banks\\\' Q2 profits fall

Siddique Islam | 2015-10-20 00:00:00

Country's banking sector showed mixed performance in the second quarter (Q2) of this calendar year with a fall in their profitability that drew the regulator's note of caution. The banking situation has been portrayed by the central bank in its...

BREB for reducing tenure of income tax exemption

Rezaul Karim | 2015-10-20 00:00:00

Bangladesh Rural Electrification Board (BREB) has proposed reducing the tenure of existing income tax exemption on the country's private power generation companies to help raise the government's revenue, officials said. It has also suggested that the existing facilities the private...

Sustainability reporting spurs SMEs

Md Touhidul Alam Khan | 2015-10-20 00:00:00

Small and Medium Enterpr-ises (SMEs) have been playing a multifaceted role in driving the economic growth of Bangladesh. SMEs are viewed as one of the most effective vehicles of employment creation and income generation. They account for 80 per cent...

On child budget

Md. Sazedul Islam | 2015-10-20 00:00:00

About 39.7 per cent of the country's total population are under 18 years of age. If they are brought up properly, they will turn into resources for the country. Child rights activists say that the government should disaggregate budget allocations,...

World Food Prize 2015: Bravo Bangladesh

Abdul Bayes | 2015-10-20 00:00:00

Sir Fazle Hasan Abed, founder and chairperson of the Bangladesh Rural Advancement Committee (BRAC), the  largest NGO in the world, has been awarded the World Food Prize 2015. Bangladesh can duly take pride in the receipt of the prestigious prize....

Distingusihing strategic from tactical goals with the United States

writes Imtiaz A. Hussain in the fifth of a ten-part write-up on \'Infrastructure-building and diplomacy\' | 2015-10-20 00:00:00

As a partner of Bangladesh's growth, the United States is both necessary and sufficient. It is the largest market in human history, so our access is pivotal to our growth and catalytic to our climb if the stated goal of...

Salaries of President, PM, ministers, Speaker, MPs to be doubled

FE Online Report | 2015-10-19 00:00:00

The salaries of the President, Prime Minster, ministers, the Speaker, Deputy Speaker, the Chief Justice, judges of the Appellate Division of the Supreme Court and High Court judges, state ministers, the Leader of the Opposition, deputy leader of the opposition...

July-Aug import up 8.0pc

Siddique Islam | 2015-10-19 00:00:00

Overall import by the country grew by 8.0 per cent in the first two months of the current fiscal year (FY) on the back of a 30.53 per cent increase in capital-machinery purchase, officials said. The actual import in terms...

Escape from the World Bank

Devesh Kapur in Philadelphia | 2015-10-19 00:00:00

The elephants in the room at the annual International Monetary Fund (IMF)/World Bank meeting in Lima, Peru, were the China-inspired Asian Infrastructure Investment Bank (AIIB) and New Development Bank (or "BRICS Development Bank," as it was originally called). Will these...