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Banks undergoing core risk test

Siddique Islam | 2015-09-03 00:00:00

The central bank has started inspection to determine actual risks facing the country's banking system as a precautionary measure against any unforeseen crisis.       A set of core-risk guidelines devised by the Bangladesh Bank is being used as one of the...

NBFIs to cut in pvt banks\\\' share

Rezaul Karim | 2015-09-03 00:00:00

 At least 13 non- banking financial institutions (NBFIs) have been allowed to receive a part of the development and non-development funds of the government and autonomous bodies as deposits, officials said. The Banking and Financial Institution Division of the Ministry...

Dengue management: Planned urbanisation is a must

Parvez Babul | 2015-09-03 00:00:00

Dengue re-emerged in Bangladesh in 2000 after an earlier outbreak as Dhaka Fever in the 1960s. The latest incident of outbreak created an uproar and raised  public-health concern. Bangladesh demonstrated appreciable competence in managing the cases, with continued decline in...

Political economy-- a reality for central bankers

Sarwar Md. Saifullah Khaled | 2015-09-03 00:00:00

Addressing the famous Jackson Hole economic symposium of the Kansas City Federal Reserve in Wyoming on August 30, 2015, Raghuram Rajan, governor of the Reserve Bank of India (RBI), said, politics and history both have been important determining forces in...

EOT: Rethinking on current economic model

Asjadul Kibria | 2015-09-03 00:00:00

The lingering shocks of the 2008-09 global financial crisis are still felt. One of the outcomes of the crisis is that it there is now a rethinking about the market-based development model. Two schools of thought have re-emerged in general....

Workshop on developing communication skill at BUP

Shah Sultan Mohiuddin | 2015-09-03 00:00:00

Junior Chamber International (JCI) is a global non-profit organisation that believes in living, communicating, taking actions and creating impact on communities. During last weekend JCI Dhaka West, a chapter of JCI Bangladesh facilitated a two-day workshop at Bangladesh University of...

Stocks break 3-day losing streak

FE Online Report | 2015-09-02 00:00:00

Stocks returned to the green on Wednesday, after remaining down in the 3 consecutive sessions, as investors went for buying spree on lucrative share market. The market opened with an optimistic note, which sustained throughout the session. At the end...

DSE, CSE open optimistic

FE Online Report | 2015-09-02 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upward trend in early hour of trading on Wednesday, the fourth session of the week. DSEX, the prime index of the DSE, went up by 37.84 points or...

What’s in a name?

Shamsul Huq Zahid | 2015-09-02 00:00:00

Born four years apart in a period spanning the late eighties and the early nineties, two state entities -- the Board of Investment (BoI) and the Privatisation Board, which later was upgraded and renamed as the Privatisation Commission (PC) --...

Japanese consultants out of tune with RAJUK plan

Munima Sultana | 2015-09-02 00:00:00

The move to build a flyover from the Dhaka-Mawa road's the Jhilmil project point to Shantinagar by Rajdhani Unnayan Kartripakkha (Rajuk) is facing a blow for its not being endorsed by a Japanese consultants' team. Officials said the consultants working...

Stakeholders for protecting local industries in FTA deal with Turkey

Syful Islam | 2015-09-02 00:00:00

The country's businesses and relevant ministries have suggested a review of the terms of reference of the proposed free trade area (FTA) agreement with Turkey in such a way that it protects domestic industries, officials have said. They said interests...

Why palm oil is synonymous with Malaysia

A.K.M Fakhrul Alam | 2015-09-02 00:00:00

Palm oil was introduced in Bangladesh market in the early '70s to meet the growing demand of edible oil. Because of the good quality and also price competiveness compared to other edible oils, palm oil earned consumer's confidence very fast....

Re-thinking free global movement of workforce

Noore Alam Siddiqui | 2015-09-02 00:00:00

The establishment of strong national frontiers and the need for passports and visas emerged after the World War-I. Before that, people could move all over the world almost freely in search of a better livelihood and for accessing resources according...

China\\\'s victory parade and its impact on world politics

Sayed Kamaluddin | 2015-09-02 00:00:00

The Victory Parade in Beijing on September 03 marking the allied victory in WWII in 1945 will be a high-profile event. It is for the first time that China will formally commemorate the 70th anniversary of the end of the...

Rescuing the Padma and addressing desertification problem

Moslem Uddin Ahmed | 2015-09-02 00:00:00

A bus is parked beside the bank of the Padma. The spot is in Rajshahi city. It's springtime. The passengers are all out and gone down the riverbed. They came from northern Rangpur district for picnicking on the desert-like bosom...

Stocks plunge for third day

FE Online Report | 2015-09-01 00:00:00

Stocks extended losing streak for the third running session on Tuesday as investors went for panic sell-offs, fearing further fall. The market opened with a falling mood, which sustained throughout the session as investors feared further fall in the market....

DSE, CSE down at opening

FE Online Report | 2015-09-01 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hour of trading on Tuesday, the third session of the week. DSEX, the prime index of the DSE, went down by 16.48 points or...

Monetary Policy Statement: An Appraisal

Ahsan H. Mansur and Muhammad Shafiullah | 2015-09-01 00:00:00

Bangladesh Bank (BB) has recently issued its latest Monetary Policy Statement (MPS) for the period July-December 2015. This MPS has been described as a continuation of polices embodied in previous MPS'. BB has moved to a restrained monetary policy since...

Significant fall in agri sector classified loans

Siddique Islam | 2015-09-01 00:00:00

The volume of classified loans in the agriculture sector marked a significant fall in July last following strengthening of recovery drive along with the ongoing rescheduling facility, officials said. The non-performing loans (NPLs) of farmers dropped to Tk 50.79 billion...

President gives approval for placing Coinage Act-2015 in JS

Rezaul Karim | 2015-09-01 00:00:00

President Abdul Hamid has given approval for placing the Bangladesh Coinage (Amendment) Act, 2015 in the parliament for its passage, officials said. The government has taken the move mainly to take over notes and coins of taka-five denomination as a...

Development of skills to garner remittances

Nabil Azam Dewan | 2015-09-01 00:00:00

Thousands of our people have been leaving their homes in search of a bright future abroad where they hope to get jobs with higher income. More than jobs, the aspiring migrants are inspired by the allure of savings that they...

Misuse of warehousing facilities

Sayed Kamaluddin | 2015-09-01 00:00:00

At a seminar on "Increasing the cost of doing business", organised recently by the Dhaka Chamber of Commerce and Industry (DCCI), the chairman of   the National Board of Revenue (NBR) accused the businessmen of misusing the bonded warehouse facilities. He...

Knowledge spills over to the poor

Abdul Bayes | 2015-09-01 00:00:00

The socio-economic impacts of ultra-poor programmes such as those initiated by BRAC in Bangladesh and elsewhere have been found to be far-reaching through available empirical tests. The innovative schemes, as the readers could know, are just not an asset transfer...

Impact of hike in power and gas prices

Syed Jamaluddin | 2015-09-01 00:00:00

Many people believe that hiking of power prices is unreasonable. Side by side, gas prices have also been increased. One unit of power has gone up by 2.93 per cent. But price will not be increased for lifeline consumers (using...

Opportunities and challenges for higher sovereign rating

Sharjil Haque | 2015-09-01 00:00:00

For the last few years, Bangladesh has regularly achieved a "Stable" outlook in its sovereign rating from global rating agencies Moody's and Standard & Poor's. While this is a commendable development, we need to know what are the challenges for...

Stocks down for 2nd day amid thin trading

FE Online Report | 2015-08-31 00:00:00

Stocks closed lower for the second running session on Monday with turnover remained poor as investors were largely inactive amid lack of direction. The market opened with a negative note which sustained till closure of the session. At the end...

DSE, CSE plunge at opening

FE Online Report | 2015-08-31 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hour of trading on Monday, the second session of the week. DSEX, the prime index of the DSE, went down by 14.89 points or...

Cheaper foreign loans outweigh bank credits

Siddique Islam | 2015-08-31 00:00:00

The credit-deposit ratio (CDR) of all banks again dived down 70 per cent in the middle of July as available foreign-currency loans at lower interests are virtually crowding them out, bankers said. All banks' CDR came down to 69.79 per...

Finance asks NBR to prepare for transnational evaluation

Doulot Akter Mala | 2015-08-31 00:00:00

The finance ministry has instructed the revenue board to form a panel comprising intelligence officials of its income tax, value-added tax (VAT) and customs wings to face mutual evaluation by the Asia-Pacific Group (APG) of the progress on combating money...

PMO for compensating Matarbari project-affected people properly

Syful Islam | 2015-08-31 00:00:00

The Prime Minister's Office (PMO) recently asked the ministries and departments concerned to ensure proper compensation to the affected people of Matarbari coal-fired power plant, officials said. The directive came as the local people alleged that they were being paid...