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Something more terrible than insurgency

Shamsul Huq Zahid | 2016-02-24 00:00:00

Bangladesh does produce neither phensidyl nor yaba. Its two next-door neighbours-India and Myanmar-do. But the country has to bear the disastrous consequences of two narcotics that are available abundantly even in remote rural Bangladesh. A sizeable part of its population,...

IMF gives recipe to govt for healing SoCBs’ health

Siddique Islam | 2016-02-24 00:00:00

The International Monetary Fund (IMF) has handed the government a three-pillar recommendation for improving the overall financial health of the state-owned commercial banks (SoCBs). Ensuring good governance in banking, recapitalisation, and completing automation process of all branches of the SoCBs...

PMO, MPA to discuss clearing imported vehicles tomorrow

Jasim Uddin Haroon and Rezaul Karim | 2016-02-24 00:00:00

Officials of the Prime Minister's Office (PMO) and the Mongla Port Authority (MPA) are going to sit tomorrow (Thursday) to discuss about clearing around 1,900 imported reconditioned vehicles, long-stranded in the port yards. Officials said Prime Minister's Economic Affairs Adviser...

Govt to rewrite shipping law after cabinet return

Rezaul Karim | 2016-02-24 00:00:00

The government has formed a committee revise the draft of Bangladesh Shipping Corporation Act, 2016, officials said. Principal secretary to the Prime Minister is the convener of the five-member committee. Senior secretary of the ministry of commerce (MoC), secretaries of...

Democracy or bust in Europe

writes Yanis Varoufakis in Berlin | 2016-02-24 00:00:00

"Europe will be democratized or it will disintegrate!" That maxim is more than a catchphrase from the manifesto of the Democracy in Europe Movement - DiEM25, the group I just helped to launch in Berlin. It is a simple, if...

The Pope and Donald Trump

M. Serajul Islam from Maryland, USA | 2016-02-24 00:00:00

Participants in a BBC talk show following the unbelievable exchanges between the Pope and Donald Trump were disgusted with the latter. They were all unanimous in their condemnation of the leading candidate for Republican nomination in the US presidential election,...

Determinants of market orientation

Abdul Bayes | 2016-02-24 00:00:00

Which factors determine how much of output will go to the market? This is an important question in view of a presumption that generally large farms sell more in the market. And since the poor having small farms are at...

Interesting time for all, but for different reasons

writes Muhammad Mahmood concluding his two-part article on US presidential race, 2016 | 2016-02-24 00:00:00

There is now a deep undercurrent of despair in the USA. Forty-three million people (2014), accounting for 15 per cent of the population of the country, live in poverty. The figure is 2.3 percentage points higher than what it was...

No Brexit

writes Anatole Kaletsky in London | 2016-02-23 00:00:00

Among the multiple existential challenges facing the European Union (EU) this year - refugees, populist politics, German-inspired austerity, government bankruptcy in Greece and perhaps Portugal - one crisis is well on its way to resolution. Britain will not vote to...

No progress yet on multimodal transport hub near HSIA

Munima Sultana | 2016-02-23 00:00:00

No progress has yet been made in setting up a multimodal transport hub near the Hazrat Shahjalal International Airport (HSIA) despite a plan taken five years ago to facilitate millions of passengers. Sources said the project, which was supposed to...

Scanning at ports sought to block arms as deal with Myanmar soon

Syful Islam | 2016-02-23 00:00:00

The home ministry seeks mandatory scanning of incoming goods and persons at seaports before their entry into Bangladesh under a proposed coastal shipping agreement with Myanmar, officials said. The deal is part of a move for waterway connectivity with littoral...

Raising the standard of our banks to international level

writes Nironjan Roy concluding his two-part article titled 'Big banks shrinking: Widening opportunities for small banks'. The first part of the article was printed on Saturday, February 20, 2016 | 2016-02-23 00:00:00

Increasing core capital ratio, enactment of Dodd Frank Act and strengthening many other regulatory requirements have left big banks in the USA in a very difficult situation to maintain the status of big banks. Even they lost their advantageous edge...

Animals on the prowl

Neil Ray | 2016-02-23 00:00:00

First, a leopard escaped a zoo in Bangalore to take shelter in a school where, mercifully, it was spotted by its close-circuit cameras before the opening of the educational institution after the weekend closure. It was no easy job for...

A non-conventional perspective

writes Muhammad Mahmood in the first of a two-part article on US presidential race, 2016 | 2016-02-23 00:00:00

Over the last one year or so the amount of coverage of the topic, the US Presidential Race, 2016, in newspapers and television channels have been so vast, it is really mind-boggling. I personally have no great particular interest in...

Virtual education in conflict zones

writes Gordon Brown in London | 2016-02-23 00:00:00

Educating refugees and children in conflict zones is one of the biggest challenges facing the international community. Their schools have been reduced to rubble. Their teachers have fled or are struggling to survive. Their libraries have been looted or burned....

Manufacturing output slows

Asjadul Kibria | 2016-02-21 00:00:00

Output of the country's large and medium-scale manufacturing industries has continued to prevail in slower path, according to the official statistics. The Quantum Index of Medium and Large-Scale Manufacturing Industry, released last week by the Bangladesh Bureau of Statistics (BBS),...

Checkposts at airports to stop tax evasion by foreigners

Doulot Akter Mala | 2016-02-21 00:00:00

The revenue board is set to set up checkpoints at the immigration of country's international airports to check tax evasion particularly by growing numbers of foreigners taking up jobs in Bangladesh. Officials said under the plan of the National Board...

Threat to language

Nilratan Halder | 2016-02-21 00:00:00

A book fair that captures the Bangalee ethos at its most poignant has until today survived the onslaught of the latest finger-tip but highly advanced technology. But will it do in the future - say 20 to 50 years from...

Asian ports dominate in container traffic in the world

writes Sham Choughule | 2016-02-21 00:00:00

There was always competition between Shanghai, Hong Kong and Singapore port to grab container traffic from Asian counties. This year 2015, too Shanghai maintained the number one position over   Singapore, Hong Kong and dominated its place in the region. Out...

Country Brand: Projecting achievements despite challenges

writes T. I. M. Nurul Kabir | 2016-02-21 00:00:00

Bangladesh graduated from low-income status to lower middle-income status (LMIC) on July 01 last year. According to provisional government figures, Bangladesh's per capita income rose to US$1,314 in the fiscal year that ended on June 30, 2015. In terms of...

High-tech and the widening rich-poor gap

writes M Jalal Hussain | 2016-02-21 00:00:00

The global economy faced the tumultuous recession, sluggish capital markets and dead-slow recovery during the last few years that changed the economic and social scenarios in developed and developing economies alike. In trying to ride out the difficulties, business communities...

Reflections on 21st February

writes Muhammad Quamrul Islam | 2016-02-21 00:00:00

We are of the generation of the early 1940s. We became imbued with the spirit of the movement for the mother tongue while at the junior level of school. We heard from classmates and seniors about the police firing in...

O amar ei Bangla bhasha

writes Zeenat Khan from Maryland, USA | 2016-02-21 00:00:00

Yesterday was a sunny, windless, frozen afternoon as I was walking along the trails in my suburban American town. Above me the sunlight was pouring through the naked branches of the trees without leaves. I was engrossed in thinking about...

The immortal Ekushey

writes Muhammad Abdul Mazid | 2016-02-21 00:00:00

The Bengali Language Movement  which gave birth to the incidence of 21st February in 1952, sixty four years ago, popularly  known as the supreme sacrifice on  Ekushey (the 21st), was a socio-politico cultural  effort in the then  East Pakistan, now...

Govt issues rules on Formalin Control Act

Talha Bin Habib | 2016-02-20 00:00:00

The government has finally issued the rules on the Formalin Control Act 2015, incorporating some strict provisions for checking indiscriminate use of formalin, officials said.       The rules specify the licensing authority and suggest forming committees to monitor formalin trade at...

PMO unhappy over poor execution performance

Rezaul Karim | 2016-02-20 00:00:00

The Prime Minister's Office (PMO) has expressed discontent over the poor performance in implementing a project for setting up a liquefied natural gas (LNG) terminal despite its being a fast-track one. Talking to the FE on Friday, a high official...

Big shops to pay VAT at regular rate

Doulot Akter Mala | 2016-02-20 00:00:00

Though all is set to scrap the package VAT facility from July 1 next, the revenue board is out to exclude the businesses having sizeable turnover from the special facility and make them pay VAT at regular rate of 15...

Stocks edge higher for second week

Babul Barman | 2016-02-20 00:00:00

Stocks posted marginal gain for the two consecutive weeks that ended Thursday as a group of investors booked quick-profit amid surging volatility in the market. Market insiders said most of the investors followed cautious stance while some of them continued...

Money is no problem but spending is

Sarwar Md Saifullah Khaled | 2016-02-20 00:00:00

Most of the people who were born in the British period and consciously passed the Pakistan period are supposed to remember the accusation used to be made against the Eastern Wing (now Bangladesh) high officials that they willfully used to...

Behind the scenes at the Ekushey Book Fair

Nashia Kamal | 2016-02-20 00:00:00

Anisul Hoque is standing at the apex of three small steps, hands crossed behind his back, when a young woman notices him and approaches, a book clasped in her hands. As she extends the book, the title becomes visible: two...