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DSE, CSE dip at opening

FE Online Report | 2014-12-14 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw downward trend in early hours of trading on Sunday, the 1st session of the week. DSEX, the prime index of the DSE, went down by 24.31 points or...

Bank accounts of pvt varsities under tax intelligence scanner

Doulot Akter Mala | 2014-12-14 00:00:00

Tax intelligence has launched a drive to check tax-payment status of the private universities that have gone mushrooming during the last few years. Some of them already have been found delinquent.       The Central Intelligence Cell (CIC) under the National Board...

Threat to Sundarbans concerns UNESCO

Khalilur Rahman | 2014-12-14 00:00:00

UNESCO's World Heritage Site has expressed concern over the construction of the proposed 1,320-megawatt coal-fired power plant near the Sundarbans at Rampal in Bagerhat. The UN body is also worried about the movement of big vessels carrying equipment and materials...

Walkways not for pedestrians

Munima Sultana | 2014-12-14 00:00:00

The first priority specified in the 20-year urban transport policy for pedestrians has been totally overlooked in Dhaka city's road-transport planning. Resultantly, it rendered the people's right to walk highly hazardous and insecure, critics have said. Pedestrians, they pointed out,...

Higher economic growth: How to make it happen?

Liton Chandro Sarkar | 2014-12-14 00:00:00

There is no reason why Bangladesh cannot achieve a higher growth rate than its current one. Bangladesh is still in the low-income group and is aspiring to enter the low-end of the middle-income group by 2021. Bangladesh's economic competitiveness is...

Intellectual pogrom

Neil Ray | 2014-12-14 00:00:00

In the annals of human civilisation, even small countries or isles rose to great height and/or commanded respect from all simply because the lands produced people of extraordinary intellect and creativity. At a time when intellectual luminosity is conspicuous by...

Written-off loan recovery calls for strong commitment

Anwar Faruq Talukder | 2014-12-14 00:00:00

Banks and financial institutions are the most important organisations for financial intermediation and economic emancipation of a country. A well-organised banking system can accelerate development of any country. Commercial banks' prime motto is to maximise profit for its shareholders. Every...

Coping with occupational health risks in RMG sector

Mohammad Muzahidul Islam | 2014-12-14 00:00:00

The implementation of Fire, Building and Electrical safety measures is evident after the heart-rending incidents of Rana Plaza collapse and Tazreen Fashions blaze, but a question remains: are we putting much emphasis on occupational health and safety of the workers?...

Unsustainable price hike of shares in bourses

Mohammad Mufazzal | 2014-12-14 00:00:00

Most of the listed companies, which went public in the last couple of years, have failed to sustain the 'unusually' rising market prices of their shares due to multiple reasons including their 'doubtful' and poor fundamentals.   Market insiders and experts...

Guidebook on global apparel buyers published

[email protected] | 2014-12-14 00:00:00

A business directory containing more than 25,000 addresses of global apparel buyers in 160 countries was launched Saturday with hopes that it would help Bangladesh entrepreneurs expand their export destinations and thus post higher growth of exports.   It also gives...

Indo-Bangla coastal shipping service becomes uncertain

Syful Islam | 2014-12-13 00:00:00

Launching of coastal shipping service between Bangladesh and India has become uncertain due to the lack of fit vessels, sources said. Until now no Bangladeshi vessel is found fit for the service. Officials could not confirm when a trial-run of...

Action plan to meet EU criteria on shrimp export

Talha Bin Habib | 2014-12-13 00:00:00

The government has drawn up an action plan to meet the required criteria for export of shrimp and other fishes, especially to the European market, officials have said. The government's latest move came ahead of the visit of a European...

Accreditation Board set to get int’l recognition

Ismail Hossain | 2014-12-13 00:00:00

The Bangladesh Accreditation Board (BAB) is going to get its first international recognition as an authorised organisation for providing standard certificates of export and import goods very soon. Local manufacturers, exporters, importers and service sector organisations would not need to...

Utility bill payment thru\\\' cellphone gaining ground

Khairul Islam | 2014-12-13 00:00:00

Payment of utility bills through mobile phone is gaining popularity in the country after the launch of services two leading telecom companies, users say. Afifa Affreen, a private banker in the city, said the option to pay gas and electricity...

Sluggish trade drags down stocks

Babul Barman | 2014-12-13 00:00:00

Stocks returned to the red last week after gaining sharply in the previous week as majority of investors closely watched the newly introduced trading platform. The premier bourse Dhaka Stock Exchange (DSE) Thursday launched new automated trading system to ensure...

Time to alleviate extreme poverty

Md Maskurul Alam | 2014-12-13 00:00:00

It is good that the life-style of the people here is slowly but gradually going to be changed for the better. The number of poor people is decreasing because of good facilities made available in cities and towns. Almost 3...

Insurance sector set to turn around

Abdul Kadir Dip | 2014-12-13 00:00:00

Since the independence the insurance sector in Bangladesh has been facing an acute shortage of skilled professionals as the majority of young people are apathetic to take up it as a profession. The image of the financial services sector has,...

Mega projects in limbo-II

FHM Humayun Kabir in the concluding part of his two-part article | 2014-12-13 00:00:00

The first and foremost problem in implementing mega projects is finance. Everyone during last three years of the present government was talking about the Padma bridge project but very few were talking about the huge funding. However, clouds started to...

A rights-based approach to TB care

Shobha Shukla from New Delhi | 2014-12-13 00:00:00

In 2013, TB killed 1.5 million people out of the estimated 9.0 million people who developed it. Many social, economic and structural barriers drive the TB epidemic in high TB-afflicted countries including India, which accounts for 24 per cent of...

Zakat: A humanitarian ‘ibadah’ (worship)

Muhammad Obaidullah | 2014-12-13 00:00:00

Islam is founded on five pillars eg shahadah (Islamic testimony), salah (obligatory prayer), sawm (fasting in the month of Ramadan), zakah (paying alms) and Hajj (pilgrimage to Makkah) (Sahih al-Bukhari). Among them, zakah is awfully noteworthy for establishing an economically...

A mother and a progressive leader

Zeenat Khan from Maryland, USA | 2014-12-13 00:00:00

In June, 2010, I saw the news coverage of Prime Minister Sheikh Hasina adopting three girls who were orphaned after their parents had died in the Nimtali inferno. It became apparent that the Prime Minister is a mother first, above...

In the mind of Salvador Dali: His mysticism and madness

Sadia Arman in the first of a four-part article | 2014-12-13 00:00:00

Salvador Dali, by far the greatest of the surrealists, was fortunate to belong to a time when the surrealist movement in art was already in swing in Europe. Dali's fantastic and unusually powerful imaginative powers adapted themselves very well to...

Public toilets or urinals in city

Nilratan Halder | 2014-12-13 00:00:00

How many public toilets a megalopolis like Dhaka City has? In fact, quite a few of those were constructed during the reign of autocrat Ershad. But subsequently some of those were demolished only to be built at a place less...

Citycell risks losing licence over non-payment of BTRC dues

Khairul Islam | 2014-12-12 00:00:00

The mobile phone operator Citycell may lose its operating licence as the telecom regulator is set to take tough action against the company over the non-payment of its outstanding dues, sources have said. The regulator's move against the country's lone...

Govt moves to halve duty on coal import

Syful Islam | 2014-12-12 00:00:00

The government is going to halve duty and other tariffs on coal import in the face of a vacuum created due to Indian ban on coal export to Bangladesh, official sources said. The step is being taken to encourage coal...

NBP injects Tk 4.20b to meet capital shortfall

Siddique Islam | 2014-12-12 00:00:00

National Bank of Pakistan (NBP) has injected around Tk 4.20 billion (US$54 million) to meet its capital shortfall in line with the Basel-II framework, officials said. The total capital shortfall of the foreign commercial bank stood at more than Tk...

Countering mugging

Nilratan Halder | 2014-12-12 00:00:00

The two separate incidents of mugging in which Tk 11 million were snatched from employees of a bKash agency and a manager of a store at Mirpur and Khilgaon bring to the fore the danger of carrying cash in the...

Mega projects in limbo

FHM Humayan Kabir in the first of his two-part article | 2014-12-12 00:00:00

It is indeed pertinent to question the scale of development in the country given the raise in Annual Development Programme (ADP) over the last five years. The fund allocation for the ADP during this period has increased more than three...

Banking in Bangladesh: Challenges and ways-out

Khondkar Ibrahim Khaled | 2014-12-12 00:00:00

Banking is a vibrant sector of economy in Bangladesh. With rapid economic growth in the country, banks have expanded their branch network and business operations. Now banking services are available far beyond Upazilla (sub-district) and even Union levels. During recent...

No \\\'visible\\\' headway in FTA talks with six states

Rezaul Karim | 2014-12-12 00:00:00

The government's move to sign Free Trade Agreements (FTAs) with half a dozen countries has seen no visible progress till date. According to an official at the ministry of commerce (MoC), though the government took an initiative to sign FTAs...