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KSA won\'t take single male domestic workers from BD

Talha Bin Habib | 2016-07-24 00:00:00

The Kingdom of Saudi Arabia (KSA) on Saturday suspended recruitment of single male domestic workers from Bangladesh temporarily. The decision was taken by the Saudi Labour and Social Development Ministry. The ministry has asked applicants (mainly Saudi citizens) to search...

Sustainable dev summit aims review SDGs\' implementation

Local version begins in city today | 2016-07-24 00:00:00

The 4th Bangladesh Summit on Sustainable Development begins in the city on Sunday to review the implementation and monitoring process of the Sustainable Development Goals (SDGs). The two-day Summit is being jointly organised by Secretariat of Global Citizens' Forum on...

UK prepares for Brexit

Alice Ritchie of AFP in London | 2016-07-24 00:00:00

While British politicians have spent the month since the EU referendum in a whirl of resignations, recriminations and political backstabbings, civil servants have been quietly beginning the mammoth task of implementing Brexit. Unpicking 43 years of EU laws and regulations...

Palestinian villagers in legal limbo

Majeda El-Batsh of AFP in Khirbet Zanuta, Palestinian Territories | 2016-07-24 00:00:00

A tiny Palestinian village in the Hebron hills could soon cease to exist after a nine-year legal battle with Israeli authorities who say its 167 residents live on an archaeological site. Israel's supreme court is expected to make a final...

Mass appeal saves Erdogan

Pascale Trouillaud of AFP in Istanbul | 2016-07-24 00:00:00

More than his security forces, what saved Turkey's President Recep Tayyip Erdogan on the night of the coup attempt was the extraordinary devotion the charismatic strongman inspires among his followers. In the tense hours when rebel troops attacked with fighter...

Tougher Europe borders push more migrants towards US

Marco Sibaja of AFP in Penas Blancas, Costa Rica | 2016-07-24 00:00:00

Europe's toughened borders are prompting migrants to switch focus to the United States, but their trek is being thwarted in Central America, where a bottleneck has formed, according to the International Organisation for Migration (IOM). In Costa Rica, a makeshift...

SDG implementation strategy: Reaching the most vulnerable

Shamsul Alam | 2016-07-24 00:00:00

The Constitution of Bangladesh provides for equal opportunities for all citizens and the government is committed to implementing this, while mindful that this is a long vision commitment and continued efforts are necessary. This commitment is reflected in Vision 2021,...

Yet another \'tough\' law in the offing to help recover NPLs

Talha Bin Habib | 2016-07-23 00:00:00

The government has moved to enact a new law with the objective of expediting the recovery of non-performing loans (NPLs) of banks, officials said. The proposed new law will have provisions that would strengthen central bank's inspection work. The other...

Mirza Ghalib - the poet

Md Saifullah Khaled | 2016-07-23 00:00:00

Mirza Asadullah Baig Khan {pen-name Ghalib (1797 - 1869)} was born in Kala Mahal, Agra into a family that descended from Aibak Turks. His paternal grandfather, Mirza Qoqan Baig Khan, was a Saljuq Turk who had immigrated to India from...

Fear reigns supreme

Nilratan Halder | 2016-07-23 00:00:00

The world is at war with itself. So turbulent is the time that hardly anywhere people feel secure. Human civilizations have perished time and again not so much because of exogenous reasons but because of their inherent suicidal tendencies. To...

China\'s Belt and Road Initiative benefits from Brexit?

Sayed Kamaluddin | 2016-07-23 00:00:00

China's Belt and Road Initiative is seemingly attracting some Central Asian and Eastern European countries to actively participate in this 'win-win' proposition for 'enlightened self interest'. The Brexit shock, which prompted many to question the future of the European Union...

Three smart solutions for nutrition

Abdul Bayes and Hasanuzzaman | 2016-07-23 00:00:00

As is well-known, access to and availability of good nutrition for the people allows for healthy growth of an economy and of a nation. The virtuous circle is not difficult to follow: better nutrition ? increased productivity/earning ?improved nutrition?increased productivity/earning....

The case for constructive populism

Kemal Dervis | 2016-07-23 00:00:00

The Brexit vote has unleashed a huge amount of commentary on anti-establishment politics, the failure of experts, the abdication of the left, and much else. Juxtaposed to the presidential campaign in the United States, Brexit is regarded by many as...

Banks can invest Tk 45b more in stock market

Siddique Islam | 2016-07-22 00:00:00

All scheduled banks can now invest Tk 45 billion more in the capital market after availing the Bangladesh Bank's (BB) policy support for adjustment of their stock market overexposure by July 21. "The investment opportunity has been created following the...

No response yet from China over signing deal on funding

Munima Sultana | 2016-07-22 00:00:00

The government is yet to get any response from China to signing an agreement on financing for the proposed Karnaphuli tunnel construction, although a deal was inked with a Chinese company in this connection over a year ago. The Bridge...

A nostalgic collage of memories

Asjadul Kibria | 2016-07-22 00:00:00

Dhaka has been changing fast, especially over the last two decades. Many features characteristic of the city have disappeared. Lots of those who grew up during the 1970s and '80s in the city now find it non-accommodative.  They grew up...

Developing mind for human development

Nilratan Halder | 2016-07-22 00:00:00

Human development debate has shifted from the early day's gross domestic product (GDP) growth-centric approach to a much wider one these days. During the second half of the 20th century, human development focused only on economic growth and its hypothetical...

LDCs renew call to minimise the NTBs

Asjadul Kibria | 2016-07-22 00:00:00

Six months after the Nairobi ministerial conference of the World Trade Organisation (WTO), the Least Developed Countries (LDCs) have again stressed the urgency of addressing the issue of Non-Tariff Barriers (NTBs). This is not a new demand from the LDCs...

Drama therapy gives voice to Lebanese inmates

Federica Marsi of Al Jazeera in Beirut | 2016-07-22 00:00:00

When Zeina Daccache first set foot in Beirut's Oum el-Nour drug rehabilitation centre 15 years ago, most of the guests were middle-aged former fighters who participated in Lebanon's civil war and still had vivid memories of it. She approached them...

Pvt companies’ CSR to come under scanners

Doulot Akter Mala | 2016-07-21 00:00:00

The government moves to regulate freestyle corporate social responsibility (CSR) activities by private companies into right direction with specific guidelines, sources said. Finance Minister AMA Muhith has kick-started the move, dispatching a letter that seeks suggestions from research think tanks,...

Nat\'l organic agriculture guidelines in a month

Talha Bin Habib | 2016-07-21 00:00:00

The government is set to finalise the national organic agriculture guidelines-2016 within a month. The guidelines will have the provisions that would aim at maintaining agricultural land fertility and making farmers self-reliant by producing quality organic agricultural products, officials said....

Banks’ share mkt exposure deadline ends today

Siddique Islam | 2016-07-21 00:00:00

Almost all banks have complied with the share market exposure regulations, as the deadline in this regard ends today (Thursday), officials said. Three banks are set to receive approval from the central bank in this connection today after completing all...

Growing economy fuels demand for older cars

Mohammad Wazed Ali | 2016-07-21 00:00:00

Imports of reconditioned cars rose 11.5 per cent in the just-concluded fiscal year (2015-16) aided by strong economic growth and rising standard of living, importers said. In FY 2015-16, import of such cars was around 19, 000 cars compared to...

Black Lives Matter: Movement for social justice spreads in America

Zeenat Khan from Maryland, USA | 2016-07-21 00:00:00

This past Friday, out of the blue, a Chinese-American friend of my daughter from her college days named Andrew (name changed) had called to ask me if I read the online open letter initiated by Christina Xu in New York.The...

Interest rate swaps: Developing financial and money market

Adnaan Jamilee | 2016-07-21 00:00:00

In any risk-management assessment, there is always the option to do nothing, and that is what many people do. However, in circumstances of unpredictability, sometimes not hedging is disastrous. Financial derivatives are the way-out. Financial derivatives are useful for dealing...

KSA finally agrees to host BD banks

Rezaul Karim | 2016-07-20 00:00:00

The Saudi government finally allows Bangladeshi banks to open branches over there to facilitate sending home remittances by expatriates, officials said. Many bankers, however, say they would have to face tough competition with global leading banks in the Kingdom of...

BB alerts banks about any terror financing

Siddique Islam | 2016-07-20 00:00:00

The central bank warned the commercial banks against any negligence in compliance with the anti-money laundering and anti-terror financing rules, in the wake of restive situation. Sources said the warning was issued at a meeting of the chief executive officers...

Businesses likely to require fresh BIN

Doulot Akter Mala | 2016-07-20 00:00:00

Existing businesses may be required to obtain fresh business identification number (BIN) as per provisions of the new VAT and supplementary duty act, to get attuned to digital taxing process.     The National Board of Revenue (NBR) will start issuing new...

PC okays DPP, cuts cost to Tk 97.4b

Munima Sultana | 2016-07-20 00:00:00

The Planning Commission (PC) has decided in principle to approve the Jamuna Railway Bridge construction project, reducing its cost by about Tk 3.0 billion. Sources said the Project Evaluation Committee (PEC) reviewed the project on Tuesday, and gave its nod...

CNRL sneaks up to top Canadian natgas spot with shopping spree

Allison Martell and Nia Williams of Reuters | 2016-07-20 00:00:00

Canadian Natural Resources Ltd has quietly bought up about 12,000 natural gas wells across Alberta over the last two years, a Reuters analysis of regulatory data shows, becoming the country's largest natural gas producer as rivals sold assets or held...