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Supervision heightened as PMB building gets going

Munima Sultana | 2015-01-18 00:00:00

Two committees assigned to keep a close watch on the Padma Multipurpose Bridge construction got busy taking extra-cautionary measures as the field-level work has already begun. At its first meeting Saturday the implementation committee asked the officials to hold regular...

Slow progress in tannery relocation

Khalilur Rahman | 2015-01-18 00:00:00

Work on relocation of tanneries in city's Hazaribagh area is progressing at a snail's pace. The latest deadline set for relocating those expired last month. Official sources say that all the tanneries will not be shifted at a time. This...

Assemblers accused of doing wrong in absence of law

Shamsul Huda | 2015-01-18 00:00:00

Chassis of imported reconditioned trucks are being converted into bus chassis in a number of automobile assembling factories, sector insiders alleged. An official at Bangladesh Automobile Assemblers and Manufacturers Association (BAAMA) said some unscrupulous businesspeople are engaged in such activities...

India: New year, old challenges

B K Mukhopadhyay from Kolkata | 2015-01-18 00:00:00

Tough challenges greet the new government of India at the very dawn of 2015. Though some silver lining undoubtedly has been witnessed in the recent past, yet complacency is out of question as the matter stands now. 'India Ratings' assesses...

Limits to freedom of expression

Maswood Alam Khan | 2015-01-18 00:00:00

The killings at Charlie Hebdo had given rise to expressions of unalloyed sympathy across the world including the Muslim communities. No matter what the provocations, settling scores through violence is never justified. From that sympathy a unity of expressions transcending...

After SNB shock, \\\'Swiss Made\\\' may mean more expensive

Caroline Copley and Joshua Franklin of Reuters in Kreuzlingen | 2015-01-18 00:00:00

"Swiss Made" has traditionally stood for quality, precision and reliability. But after a shock move to scrap the cap on the franc, it could convey a less attractive message: Made more expensive. The decision by the Swiss National Bank, after...

CSE dept at RU opens new sphere in IT education

Md Belal Hossain | 2015-01-18 00:00:00

As a second largest education institution in the country Rajshahi University (RU) has occupied a great place due to its education, research and scientific innovation and different other contributions to the nation. But, today it is not merely the second...

Corporate tax collection performance remains dismal

Doulot Akter Mala | 2015-01-17 00:00:00

Corporate tax collection remains sluggish in the current fiscal year ostensibly for business loss of the big taxpayers mainly because of a disruptive environment. The revenue authority could cover only 35 per cent of the target set for the first...

Long-awaited BDF meet in April next

Syful Islam | 2015-01-17 00:00:00

The government is going host the next Bangladesh Development Forum (BDF) meeting with donors on April 26-27 to mobilise necessary foreign aid for funding country's development programmes. Officials said the Economic Relations Division (ERD) has taken the decision on meeting...

Draft Nat’l Marine Fisheries Policy 2015 finalised

Talha Bin Habib | 2015-01-17 00:00:00

The government has finalised the draft National Marine Fisheries Policy 2015 for optimum utilisation of the marine resources for benefits of the nation, officials said. "We finalised the draft National Marine Fisheries Policy 2015 keeping consistency with the national, regional...

Nationwide clampdown soon to detect date-expired drugs, food

Rezaul Karim | 2015-01-17 00:00:00

The government is going to launch a nationwide drive against the date-expired imported and locally-produced food items soon, officials said. The officials said the state-run quality watchdog Bangladesh Standards and Testing Institution (BSTI) will start examining the expiry date of...

DITF witnesses low turnout of visitors

Shah Alam Nur | 2015-01-17 00:00:00

The countrywide blockade coupled with strikes hit hard the ongoing Dhaka International Trade Fair (DITF) 2015 as the number of visitors declined sharply, putting the traders in dire straits, insiders said. Most of the participants expressed their utter frustration on...

Islamic banking: Beyond growth

Md Saifullah Azad | 2015-01-17 00:00:00

Islamic banking during the last four decades has witnessed considerable progress on the global front. The industry grew at double digits last year despite global economic uncertainties and market volatility. The relative resilience of these Islamic banks during the recent...

The riddle of middle-income countries

Sarwar Md. Saifullah Khaled | 2015-01-17 00:00:00

While Asia continues to set its pace as the world's fastest growing region, some Asian middle-income countries (MICs) are showing signs of economic slowdown and face stiff competition from lower-cost economies. The implications of this growth slowdown in MICs are...

The Permanent Settlement and its effects in Bengal

Helal Uddin Ahmed | 2015-01-17 00:00:00

During the Mughal era, the Zamindars in Bengal, Bihar and Orissa were functionaries who merely had the right to collect revenue on behalf of the emperor and his representative or ‘Diwan’. When the East India Company was awarded the ‘Diwani’...

Rajapaksa\\\'s stunning defeat in Lanka polls

Masum Billah | 2015-01-17 00:00:00

Maithripala  Sirisena  of Sri Lanka took oath of office hours after Mahinda  Rajapaksa, very powerful with one decade in office,  conceded defeat in the 8 January, 2015, presidential elections. US President Barack Obama has praised Sri Lanka's successful and peaceful...

Takayoshi Suzuki - a real friend of Bangladesh

Md Anowar Habib Kazal | 2015-01-17 00:00:00

Foreign friends had contributed a lot and extended their helping hands of cooperation in different ways and played a vital role in our great Liberation War in 1971. Among them, some Japanese friends took part directly and indirectly in our...

Downsides of tourism

Nilratan Halder | 2015-01-17 00:00:00

The best time for sight-seeing in Bangladesh is undoubtedly the months of November, December and January. For family outing, though, November is ruled out for the simple reason that children have to sit for their annual examinations. Even such exams...

Blockade hits vegetable supply chain in city

Shamsul Huda | 2015-01-16 00:00:00

The ongoing blockade has badly affected the supply chain of vegetables and other perishable items in the city markets pushing up their prices. According to a wholesale association source, supply from the northern districts has declined by more than 50...

After MoU, Chinese co starts striving for fund

Munima Sultana | 2015-01-16 00:00:00

A Chinese company has moved to mobilise fund from its government to finance the proposed Karnaphuli tunnel project in Chittagong. The initiative comes following signing of a memorandum of understanding (MoU) with the authority concerned in Bangladesh to construct the...

Industries turn to CNG over gas crunch

Shah Alam Nur | 2015-01-16 00:00:00

Entrepreneurs are being compelled to use compressed natural gas (CNG) in their manufacturing industries for shortage of adequate gas supply or absence of new gas connections, industry insiders said. As a result, the manufacturers have to count more than 6...

Student politics vs academic excellence

Nilratan Halder | 2015-01-16 00:00:00

At the 49th convocation of the country's premier highest seat of learning, the University of Dhaka, President Abdul Hamid has voiced the mental anxiety at student politics shared by all its well-meaning citizens. Devoid of idealism such politics now rules...

2015: Enter the year of uncertainties

M Jalal Hussain | 2015-01-16 00:00:00

Many events, both positive and negative, occurred in the economies of many countries around the world in 2014. The aftermath of global financial crises had adverse effects on both developed and developing economies. The political scenario in Syria, Iraq, Libya,...

Samsung talks to BlackBerry about $7.5b buyout

Jennifer Ablan and Liana B. Baker of Reuters in Seoul | 2015-01-16 00:00:00

Samsung Electronics recently offered to buy BlackBerry Ltd for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters. South...

Trickery in taxing foreign artistes\\\' pay under scrutiny

Doulot Akter Mala | 2015-01-15 00:00:00

The issue of deducting tax from payments made to foreign artistes by local organisers is under scrutiny of the government as there have been allegations of evasion.       The finance minister took up the matter following a request coming from the...

BD set to sign orbital slot procurement deal with Russian co

Khairul Islam | 2015-01-15 00:00:00

Bangladesh is set to ink an orbital slot procurement deal with the Moscow-based space organisation today (Thursday), paving the way for launching the much-hyped national satellite, Bangabandhu-1, sources said. "An agreement between Bangladesh Telecommuni-cation Regulatory Commission (BTRC) and Intersputnik International...

Banks slash deposit rates further

Siddique Islam | 2015-01-15 00:00:00

Further cut in interest rates on bank deposits with lending rates remaining unchanged widened the spread in November last.      Senior bankers dropped an idea that the interest rates on deposits might fall further in the coming months if the ongoing...

Towards a sustainable growth of agro SMEs

Shafiul Alam | 2015-01-15 00:00:00

Agriculture  in Bangladesh is still a vibrant sector. Its contribution  to gross doemstic product (GDP), according to the Bangladesh Bureau of Statistics,  is 19.29 per cent. The sector employs 47.5 per cent of the total manpower - the largest work...

Promoting products of small enterprises

Md Joynal Abdin | 2015-01-15 00:00:00

The Micro, Small and Medium Enterprises (MSMEs) are the prime movers of any economy. According to the national Industrial Policy 2010, MSMEs are entities worth BDT 500,000 to 300 million, without land and building costs (Micro = BDT 500,000 to...

Three key development projects under scanner

Syful Islam | 2015-01-14 00:00:00

Three key development projects have been put under intensive monitoring of the Economic Relations Division (ERD) because of their slow pace of execution, officials said. The three projects are Phase- 1 of Karnaphuli Water Supply Project, Khulna Water Supply Project,...