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Ports to cut 40pc tariff for coastal ships

Syful Islam | 2016-08-02 00:00:00

Seaports in Bangladesh will cut international tariff by 40 per cent to facilitate transport of goods at low cost under the Indo-Bangladesh coastal shipping agreement, officials said. The Chittagong port will cut tariff on five items while the Mongla port...

NBR gives tax exemption to services, products, staff

Doulot Akter Mala | 2016-08-02 00:00:00

National Board of Revenue (NBR) has offered tax exemption to different services, imported products, and income of employees and consultants of Rooppur Nuclear Power Plant (NPP) to expedite its implementation. Contractor companies of the project will be able to enjoy...

BJMC to get Tk 2.60b conditional loan to buy raw jute

Talha Bin Habib | 2016-08-02 00:00:00

The state-owned Bangladesh Jute Mills Corporation (BJMC), facing a huge fund crunch, is set to receive conditional loan of Tk 2.60 billion from the government to purchase raw jute for its mills, officials said. The finance division, which is under...

Nepal\'s Maithil women break traditional gender roles

Juliette Rousselot of Al Jazeera in Mithila, Nepal | 2016-08-02 00:00:00

Like many women in the Maithil community in Nepal, Manjula Thakur found her life severely restricted and controlled by the male members of her family. The community follows deeply entrenched patriarchal traditions. "I used to stay at home all the...

Bedouins oppose new Israeli relocation plan

Jillian Kestler-D'Amours of Al Jazeera | 2016-08-02 00:00:00

An Israeli government plan to relocate thousands of Bedouin citizens to what it has dubbed a new township in the southern Negev desert is a betrayal, a lawyer representing the Bedouin villagers has said. Sanaa Ibn Bari, a laywer with...

A tale of two Bengals

Abdul Bayes | 2016-08-02 00:00:00

While Bangladesh's development puzzle has attracted attention of Amartya Sen and Jean Drez long ago, a group of researchers came up this time with some findings relating to health and nutrition to posit the country's positive posture. Arabinda Ghosh, Daniel...

Banks to inject Tk 175.5b into rural economy anew

Siddique Islam | 2016-08-01 00:00:00

The country's commercial banks will disburse Tk 175.50 billion in the countryside this fiscal year under an agricultural and rural credit policy and programme announced Sunday. As per the new policy, unveiled by the central bank, all local private commercial...

Dhaka calls for multiple visa valid for all borders

Munima Sultana | 2016-08-01 00:00:00

Dhaka has requested multiple-entry visa to be used in crossing all borders between Bangladesh and India to make travel by the peoples of two countries much easier and cross-border bus services viable.         Scope for on-arrival port-entry visa and onboard security...

Government increases compensations for civil servants

Talha Bin Habib | 2016-08-01 00:00:00

The government has decided to pay Tk 0.8 million as compensation to the family members of a civil servant if he/she dies during service, officials said.   Previously the amount of compensation was Tk 0.5 million. The revised financial assistance of...

Turkey at the crossroads

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2016-08-01 00:00:00

The recent abortive military coup in Turkey has been an antidote of the break-down of army's command structure, the second largest military in the NATO alliance. Turkey was a buffer state while the world was split between the socialist bloc...

Not a shift of jail alone but of history too

Neil Ray | 2016-08-01 00:00:00

Had Dhaka city had a soul and a voice, it would probably heave a shy of relief with the shifting of the Dhaka Central Jail (DCJ). It was a veritable hell where 8,000 inmates were crammed against its capacity of...

Shrinking farmland, dwindling forests

Shamsul Huq Zahid | 2016-08-01 00:00:00

The ranking of Bangladesh on lists prepared by international organisations on different issues and situation from time to time varies. It was placed at the bottom of the corruption perception index (CPI), prepared by the Transparency International (TI), for being...

Few Hazaribagh tanners to relocate before Eid

Talha Bin Habib | 2016-07-31 00:00:00

The penalised tanners have yet to start relocating their units to Savar from Hazaribagh even after two weeks of the latest court verdict, while fines are accumulating into their accounts. At present, there are 154 tanneries at Hazaribagh, still polluting...

Subscriber shrinkage erodes tax revenue from telecom

Doulot Akter Mala | 2016-07-31 00:00:00

A decrease in new subscribers pulled down the government tax-revenue collection from the telecommunications sector, the second largest source of receipts.   Officials said the tax-revenue receipt from telecom posted a negative growth in the last fiscal year compared to that...

New regulations cause frustration in Ins industry

Management cost includes agent commission | 2016-07-31 00:00:00

The non-life management expenditure regulations, issued by the insurance regulator last week, have caused frustration in the industry as it included agent commission in the entire management cost. The latest regulation was prepared under the Insurance Act of 2010, scrapping...

Brazilian drug lord turns jail cell into luxury suite

Hugo Olazar of AFP in Asuncion, Paraguay | 2016-07-31 00:00:00

Paraguayan authorities got a surprise when they raided a Brazilian drug lord's jail cell... and found a three-room luxury suite complete with library, kitchen, conference room and plasma TV. Jarvis Chimenes Pavao, considered one of South America's most dangerous drug...

Raising the Palestinian cause at Democratic National Convention

Dalia Hatuqa of Al Jazeera in Philadelphia, Pennsylvania | 2016-07-31 00:00:00

Eva Putzova held a banner with a simple message just outside the Democratic National Convention (DNC) floor on Tuesday: "I support Palestinian rights." "I think it's time that Democratic candidates - Hillary, Bernie or anybody else - start taking the...

MPS H1 targets to spur private investment

Sagira Sultana Provaty | 2016-07-31 00:00:00

The monetary policy statement (MPS) for the first half of the current 2016-17 fiscal year (FY17) was  unveiled by the Bangladesh Bank (BB) last week. It is a policy instrument of the BB for achieving price stability by controlling money...

The death of a modern-day feminist

Zeenat Khan from Maryland, USA | 2016-07-31 00:00:00

After the July 15 sensational and outrageous murder of Qandeel Baloch, a model and social media star, the Pakistani lawmakers, including Prime Minister Nawaz Sharif,  have finally stated that there is no honour in "honour killings." Qandeel was only 26-years-old....

Indian LoC projects limping

Munima Sultana | 2016-07-30 00:00:00

Performance of railway projects being implemented under the Indian line of credit of US $ 1.0 billion is still poor even six years after signing of the credit agreement. According to the Bangladesh Railway, almost half of the projects involving...

BHBFC eyes $100m IDB loan carrying conditions

Syful Islam | 2016-07-30 00:00:00

The Islamic Development Bank (IDB) has come up with $100 million loan for the Bangladesh House Building Finance Corporation (BHBFC). However, it has attached a couple of conditions to the loan, officials said. The conditions are opening of an 'Islamic...

Stocks break three-week gaining spell

Babul Barman | 2016-07-30 00:00:00

Stocks posted marginal fall last week that ended Thursday, snapping a three-week gaining spell, as investors were mostly cautious amid lack of clear direction of the market. Market insiders said the investors remained vigilant throughout the week as the central...

Selecting appropriate approaches to industrialisation

Md Joynal Abdin | 2016-07-30 00:00:00

Industries are playing a vital role in entrepreneurship development, self-employment, and new-employment opportunity creation and increasing economic growth throughout the world. Therefore governments are keen to promote industrialisation for fostering economic growth, fighting unemployment and reducing poverty. The government used...

Tale of a military governor of East Pakistan: 1960-62

Md. Matiul Islam | 2016-07-30 00:00:00

This is an unusual story of Lt. Gen. Azam Khan, one of the troika of army generals, who toppled President Iskender Mirza and installed General Ayub Khan as the Chief Martial Administrator of Pakistan on October 27, 1958. A Pathan...

Children in a brutal and hostile society

Nilratan Halder | 2016-07-30 00:00:00

At a time when militant attacks have hogged -and not unjustifiably -- the media attention, other brutalities do not make screaming headlines. But brutalities against children have assumed such a level of insanity, the crime can almost match the carnage...

Can remittance ensure growth?

Saleh Akram | 2016-07-30 00:00:00

A news item on inflow of remittance in the country in the just concluded fiscal 2015-16 carried by local media has revealed that the remittance from the Middle Eastern countries has gone down by 5.17 per cent against the preceding...

Employment in non-farm activities

Abdul Bayes | 2016-07-30 00:00:00

With the passage of time, poor households in rural Bangladesh have increasingly been linked to rural non-farm activities (RNFA) for livelihoods. This is not surprising given their perceived fluctuations in earnings following swings in agricultural output levels. Thus, more often...

Hillary embraces Sanders’ socialist ideas

M. Serajul Islam | 2016-07-30 00:00:00

Donald Trump is Hillary Clinton's trump card. In US politics, a two-term President from one of the two major parties is usually replaced by a President from the other party. Thus, the next American President should be a Republican given...

Bloomberg assails Trump as destructive CEO

Barney Jopson in Philadelphia | 2016-07-30 00:00:00

Michael Bloomberg, the billionaire entrepreneur and former New York mayor, launched a scathing attack on Donald Trump's business record in a bid to discredit the property developer's pitch to bring corporate skills to the White House. Mr Bloomberg, who toyed...

Move to set up joint workshop for electric, DEMU trains

Munima Sultana | 2016-07-29 00:00:00

The Bangladesh Railway has taken a move to set up a joint workshop for repair and maintenance of electric and DEMU (Diesel Electric Multiple Unit) trains. Sources said, the move was taken even when the authorities are yet to start...