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Effectiveness of liberalisation of FC borrowing

Ahsan Mansur concluding his article titled \'Three challenges for the Bangladesh Bank to manage\' | 2014-12-09 00:00:00

Effectiveness of liberalisation of foreign currency (FC) borrowing remains an issue in the country. The main reasons for the private sector to seek foreign loan is the interest rate differentials between foreign currency-denominated (international) borrowing and taka-denominated borrowing from domestic...

Graduating beyond LDC

Hasnat Abdul Hye | 2014-12-09 00:00:00

Bangladesh has been a member of the least developed countries (LDCs) ever since its emergence as an independent country. It has given leadership to the group which has been helpful in negotiations to extract concessions and economic assistance from developed...

Politico-bureaucratic nexus blamed for daily gas theft of 200mmcf

Shah Alam Nur | 2014-12-09 00:00:00

Some 0.3 million illicit connections along some 250-kilometre pipelines under a state-owned company are gobbling up a huge amount of gas, affecting mainstream industrial production and household usage, officials and industry leaders said. Most of the illegal gas-distribution channels are...

Iran to hike military spending despite lower oil prices, sanctions

Mehrdad Balali in Dubai | 2014-12-09 00:00:00

Iranian President Hassan Rouhani will hike military spending by more than a third in the next fiscal year despite presenting a "cautious, tight" budget to parliament on Sunday in response to falling oil prices and punishing sanctions arising from the...

Majority of Germans want Merkel to run for fourth term

Noah Barkin of Reuters in Berlin | 2014-12-09 00:00:00

A majority of Germans want Angela Merkel to run for a fourth term as Chancellor and nearly three in four believe she would like to remain in office beyond 2017, when her current term ends, a new poll shows. Last...

ECB\\\'s loans offer clues in QE guessing game

Robin Emmott of Reuters in Brussels | 2014-12-09 00:00:00

The guessing game over the timing of euro zone money printing will intensify as the European Central Bank unveils a closely watched gauge of policy in the coming week, the highlight of a calendar dominated by Europe's malaise. On the...

Stocks end flat amid choppy trading

FE Online Report | 2014-12-08 00:00:00

Stocks ended flat in positive on Monday amid choppy trading with turnover improved slightly as investors were active in ­buying and selling sides. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at 4,930.82 points, gaining only 0.45...

DSE, CSE up at opening

FE Online Report | 2014-12-08 00:00:00

The country's twin-bourse – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – rose in early hours of trading on Monday, the 2nd session of the week. DSEX, the prime index of the DSE, went up by 18.92 points...

Formation of commission to save Jubok assets suggested

Syful Islam | 2014-12-08 00:00:00

A government committee has recommended formation of a commission to be headed by a retired judge or a secretary level official to take action against the organisations like Jubo Karmasangsthan Society (Jubok) and others which are involved in cheating people,...

Land scarcity impeding Ashrayan execution

Rezaul Karim | 2014-12-08 00:00:00

Implementation of the government's ongoing Ashrayan project is facing difficulties due to non-availability of required khas lands for it, sources said. The project may miss the completion deadline due to failure to arrange required lands within the areas, they said....

UGC set to cancel facility for varsity teachers, staff

Khairul Islam | 2014-12-08 00:00:00

The regulator of universities is set to finally cancel 'Rest and recreation leave' for the public university teachers and staffs as the ministries concerned have already rejected its appeal, sources said. "We're just completing some official procedures to circulate the...

It isn\\\'t pretty: Money and race in US politics

Fazal M. Kamal from New York | 2014-12-08 00:00:00

A number of recent incidents in the United States have yet again underscored the vital role race perceptions play in this society in spite of many attainments in this sector over the decades. Obviously, even President Barack Obama isn't spared...

Collaboration for scholarly ventures

Neil Ray | 2014-12-08 00:00:00

The University of Dhaka inaugurated a grand new building for students studying pure and applied mathematics on Saturday. Named AF Mujibur Rahman Ganit Bhaban, after a mathematics genius who excelled in the subject in the early part of 20th century,...

Interest rate challenge amid exchange rate dilemma

Ahsan Mansur in this part of an article titled \'Three challenges for the Bangladesh Bank to manage\' | 2014-12-08 00:00:00

There is widespread allegation from the business community that bank interest rates and charges in Bangladesh are too high. They also feel that the current weakness in the domestic economy is in part attributable to high interest rates which have...

Iran to turn uranium into reactor fuel under extended deal

Fredrik Dahl of Reuters in Vienna | 2014-12-08 00:00:00

Iran will convert more of its higher-grade enriched uranium into reactor fuel under an extended nuclear deal with world powers, making the material less suitable for building atomic bombs, a diplomatic source and a U.S. think-tank said on December. Iran...

US to keep more troops in Afghanistan as violence spikes

Phil Stewart or Reuters in Kabul | 2014-12-08 00:00:00

The United States will keep up to 1,000 more soldiers than previously planned in Afghanistan into next year, outgoing US Defence Secretary Chuck Hagel said December 6, in a recognition of the still formidable challenge from Taliban insurgents. Hagel, confirming...

As Europe goes gray, business must tackle taboos about aging

Stephen Brown of Reuters in Berlin | 2014-12-08 00:00:00

A boom in the number of older Europeans could spell big business for companies that cater to their changing needs - if they can tackle taboos and overcome outdated views of what "old age" looks like. One in three Europeans...

Stocks slip for second day amid choppy trading

FE Online Report | 2014-12-07 00:00:00

The market ended lower for the second running session on Sunday amid choppy trading with turnover hitting below Tk 4.0 billion-mark once again as investors followed cautious stance. DSEX, the prime index of the Dhaka Stock Exchange (DSE) ended at...

DSE up, CSE down

FE Online Report | 2014-12-07 00:00:00

The Dhaka Stock Exchange (DSE) witnessed positive trend while the Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Sunday, the 1st session of the week. DSEX, the prime index of the DSE, went up by...

Promoting entrepreneurship through collaborative platforms for the youth

Zareen Tasnim Lazima | 2014-12-07 00:00:00

Although the purpose of business and economics degree is to encourage entrepreneurship in the long run, most students these days, however, join an organization after graduation. We do not have proper support system to promote entrepreneurship. Somewhere along the line...

How do you start with Digital Marketing?

Drabir Alam | 2014-12-07 00:00:00

Digital marketing is a buzzword now. Everyone wants to do it, but at the same time everyone is concerned about what it could do for them. As a result most companies test a little bit of advertising on Facebook by...

To advertise or not to advertise on radio

Salim Shadman Pathan | 2014-12-07 00:00:00

Bangladesh has an emotional attachment with the radio as a medium. Radio played important roles during a lot of our achievements and triumphs as a nation, starting from the war of liberation to the spreading of the news of winning...

Saga of homegrown light engineering in Bangladesh

Nazmul Khan | 2014-12-07 00:00:00

Industrial revolution on a national basis has been the driving force of economic growth in the modern era. This is true for a country like ours as well. The territory of Bangladesh saw the expansion of industry during the period...

Dhaka\\\'s chaotic traffic: Ways to salvage the city

Badrul Ahsan | 2014-12-07 00:00:00

Getting out of the nagging problem of traffic congestion in Dhaka still remains a distant dream for the city-dwellers. Their sufferings have intensified rather. They do not know when they will get actual relief from this menace. To address the...

Expansion of source tax net: A trap for the non-taxable

Doulot Akter Mala | 2014-12-07 00:00:00

Tax deducted at source (TDS) is a means of collection of income tax. It is gaining popularity across the world amid rising concern over tax evasion.  In the budget for the current fiscal year (FY) the National Board of Revenue...

Education exposes its systemic malaise

Nilratan Halder | 2014-12-07 00:00:00

It was a national disgrace of outsize proportion. The leakage of question papers of secondary and higher secondary examinations was not enough. Now the question papers of the primary school final examination has leaked. But the minister concerned has duly...

The growing untapped market of Muslim consumers worldwide

Zahidul Chowdhury Rahee, Saifur Rahman Saif and Hisham Uddin Khan | 2014-12-07 00:00:00

A new year is on the corner and you are determined to take your brand to the next level by tapping a new segment. But, the problem is that others have thought about the same thing and there are not...

Poverty reduction and shared prosperity

Bangladesh Development Update published by the World Bank in October last | 2014-12-07 00:00:00

The governance environment may have been barely adequate thus far to cope with an economy breaking out of extreme poverty and low growth. Bangladesh needs to create a system of governance that can successfully manage the interactions between the state...

\\\'RMG to continue its important role in economy\\\'

Meraj E Mostofa, Chairman of Familytex (BD) Limited, CEPZ, Chittagong, while narrating the success stories of the RMG sector of Bangladesh in an interview with the FE | 2014-12-07 00:00:00

The readymade garments (RMG) industry of Bangladesh is still retaining the status of the number one foreign exchange earning sector. The RMG sub-sector of Bangladesh tells an impressive story about the leadership of private enterprises in the successful transformation of...

Global shapers on the move: A Bangladeshi pioneer at India Economic Summit

GultekinBinte Azad | 2014-12-07 00:00:00

Global Shapers Community is a network of city-based hubs developed and led by young leaders between 20 and 30 years of age who want to develop their leadership potential towards serving society.  It is one of several multi-stakeholder communities at...