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Ganges barrage project in hibernation for 50 years

Helal Uddin Ahmed | 2015-04-04 00:00:00

Bangladesh is a country dependent on agriculture. The water resources sector in the country has been making considerable contribution to agriculture through implementation of projects in areas of irrigation, flood control, drainage, prevention of river erosion and environmental conservation projects....

Lessons for politicians here from Delhi election

Md. Abdullah Al Helal | 2015-04-04 00:00:00

Arvind Kejriwal, a former tax officer, became prominent during the anti-graft campaign in India in 2012. He launched the Aam Admi Party in 2013 as an alternative to India's two major political forces - the BJP and Congress - and...

Nat\\\'l strategy to curb illicit financial flow approved

Siddique Islam | 2015-04-03 00:00:00

The government has approved a strategy to curb illicit financial flows by preventing creation of black money, addressing trade-based money laundering, and controlling domestic and cross-border tax evasion, officials said. The approval was given at a meeting of the National...

Coastal shipping, river protocol top agenda of Delhi meeting

Syful Islam | 2015-04-03 00:00:00

Shipping secretaries of Bangladesh and India will meet in New Delhi later this month where extension of validity of river protocol and operation of cargo and coastal passenger vessels between the two countries will top the agenda, officials said. They...

Fund shortage leaves Ashrayan Project-2 at risk

Rezaul Karim | 2015-04-03 00:00:00

Implementation of the government's ongoing Ashrayan Project-(2) is on the verge of getting severely impeded due to non-availability of required fund. Implementation of the Ashrayan Project-(2) would be hindered if the authority concerned did not provide an additional allocation of...

Rehab demands halving taxes

Badrul Ahsan | 2015-04-03 00:00:00

Realtors have placed a 10-point demand before the revenue board to consider for the next budget 2015-16. The Real Estate and Housing Association of Bangladesh (REHAB) leaders placed the demands at a pre-budget meeting with the chairman of National Board...

Move to launch regional coastal sea cruise service

Syful Islam | 2015-04-03 00:00:00

A move is afoot to introduce regional coastal sea cruise service connecting Malaysia, Singapore, India, Sri Lanka and the Maldives, official sources said. Besides, a move is there to launch river cruise service to attract foreign tourists, they added. The...

Reflecting on Islam and the Qur\\\'an

Syed Badrul Haque | 2015-04-03 00:00:00

It is a pleasure to write this review of an excellent book, Duties of Muslims Reflecting on the Qur'an by Barrister Salahuddin Ahmed, an Islamic scholar of international repute. The author, an advocate of the High Court of Bangladesh in...

Pesticide more dangerous than formalin!

Nilratan Halder | 2015-04-03 00:00:00

Sridhar Dharmapuri, an expert in food analysis with the Food and Agriculture Organisation (FAO) has asserted that the threat of formalin to food safety in Bangladesh is yet to be proved. The real threat, rather, comes from pesticide and metals...

Asset pricing and rationing

Md. Jamal Hossain | 2015-04-03 00:00:00

What does determine asset prices? Well, first of all we should ask which kind of asset we are talking about. Asset can be of different types such as financial asset and real asset. In the context of our economy, we...

Inflow of low-cost foreign fund for pvt sector up 17pc in 2014

Badrul Ahsan | 2015-04-02 00:00:00

Borrowing of low-cost funds from overseas sources by private sector entities continued to rise in the year 2014. The inflow of foreign funds for the private sector increased by around 17 per cent last year when the local banks sat...

Some Tk 760b bagged by 61 big borrowers from banks

Siddique Islam | 2015-04-02 00:00:00

Nearly 15 per cent of the total outstanding loans of the country's banking system belong to only 61 of big borrowers, bankers and experts said. The large borrowers -- both individual and organisational -- received Tk 760 billion (Tk 76,000...

$35m renewable RDF energy from wastes remains untapped

Munima Sultana | 2015-04-02 00:00:00

A bright potential for generating minimum USD35 million worth of refuse-derived fuel (RDF) to cut dependence on fossil fuels goes wasted for, experts said, lack of government policy and planning on managing wastes. Waste Concern, a research organization on waste,...

Best techniques of business funding

Tonmoy Ananda Paul | 2015-04-02 00:00:00

Fast forward two months from now. You are wet already, sweat dripping profusely through your shirt on a summer noon. And the scorching sun soaking up the water from your head via the invisible drinking straw - just like you...

Youth unemployment: A national scourge

Sarwar Md. Saifullah Khaled | 2015-04-02 00:00:00

Youth unemployment is an ever-increasing phenomenon in  developing countries. The problem of this kind of joblessness has reached such a terrible stage that it has become as explosive as a bomb on which we are sitting. The International Development Committee...

Climate change poses grave threat to humanity

M Jalal Hussain | 2015-04-02 00:00:00

Climate change is now a harsh reality. Its damaging effects on the planet and its inhabitants are real. Millions of people in least developed and developing countries have started feeling adversities emanating from climate change. The unplanned rapid industrialisation, urbanisation,...

Sukuk in the South Asian stock market

Muhammad Abdul Mazid | 2015-04-02 00:00:00

Islamic financial institutions and activities have been growing rapidly in recent years. The size of global Shariah/Islamic-compliant assets is estimated at $1.8 trillion, including banking assets, sukuk, and funds. Within this amount, approximately 15 per cent is in the form...

Vanishing riches in spectrum black hole

Shamsul Huq Zahid | 2015-04-01 00:00:00

The government decided last Monday to levy 1.0 per cent surcharge on the use of mobile phones. The new tax measure, the government expects, would help it fetch Tk. 1.4 billion in additional revenue annually. But the amount, if the...

Shimanta Bank to go into operation soon

Rezaul Karim | 2015-04-01 00:00:00

Shimanta Bank, the proposed scheduled bank for Border Guard Bangladesh (BGB), will start functioning soon, sources said. It will take four to six months on the part of the authorities concerned to launch the bank, they said, adding that the...

BSEC directive on directors\\\'shareholding goes barren

Mohammad Ali | 2015-04-01 00:00:00

The much-hyped regulatory directive for holding certain volume of shares by the sponsor-directors of listed companies has failed, in its part, to revitalise the scam-hit capital market, insiders and experts said. The directive, they said, was one of the key...

World Cup Cricket: Time to overhaul the ICC

M. Serajul Islam | 2015-04-01 00:00:00

The curtains have come down on the World Cup Cricket competition with the Australians as the champions. They thumped the New Zealanders by 7 wickets with 16.5 overs to spare. Tthat was a huge victory and ended the competition that...

Land development tender delayed again

Munima Sultana | 2015-03-31 00:00:00

Tender for land development work for metro rail depot has been delayed again for not getting concurrence from the project's development partner due to lack of mitigation measures. The Dhaka Mass Rapid Transit Development (DMRTD) Project first set the target...

RMG exporters set eye on flourishing home market

Shah Alam Nur | 2015-03-31 00:00:00

Leading exporters of readymade garments now set their sights on the domestic market as local consumption of global-class wear holds a great potential, industry-insiders said. Data available with the apex trade body in the clothing sector show the domestic market...

Most of the suggestions implemented: BSEC

Mohammad Mufazzal | 2015-03-31 00:00:00

The securities regulator- Bangladesh Securities and Exchange Commission (BSEC)- has claimed said that it had implemented majority number of recommendations made by the Khondkar Ibrahim Khaled-led probe body formed after December (2010)-January (2011) stock market debacle. According to BSEC officials,...

A sole authority taking shape for broader industrialisation

Rezaul Karim | 2015-03-31 00:00:00

To give country's industrialisation a moving nudge, the government is considering constituting a sole authority to act of its own free will in deciding on fair and integrated industrial projects, officials said. The move is meant mainly for accelerating the...

Declining water resources and looming crisis

Saleh Akram | 2015-03-31 00:00:00

The United Nations has warned that unless something dramatic is done, the world will fall short of water by 40 per cent in the next 15 years. It has held changing pattern of rainfall, underground water reserve and population growth...

Water market and farm productivity

Abdul Bayes | 2015-03-31 00:00:00

In the context of Bangladesh, water is both an asset and a liability. Perhaps there are very few countries in the world where water appears to be both scarce as well as abundant within a very short period of time....

Bangladesh, Myanmar plan preferential pact to boost trade

Syful Islam | 2015-03-30 00:00:00

Bangladesh and Myanmar are considering signing preferential trade agreement in a move officials say could take both-way commerce to a new high. The Bangladesh Tariff Commission recently carried out a study on the prospect of such an accord between the...

A win-win payment method in international trade

Mohammad Rafiqul Islam | 2015-03-30 00:00:00

UPAS LC is now a much sought-after payment method for all parties involved in international trade. UPAS refers to USANCE credit (a letter of credit payable at a determined future date after presentation of conforming documents) credit paid at sight....

Murder by default or it\\\'s deliberate!

Neil Ray | 2015-03-30 00:00:00

That Andreas Lubitz, until now blamed for deliberately smashing the flight 4U9525 with 150 people on board against the French Alps had a history of psychological problem has been confirmed. Based on the last minute records on one of the...