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BB, NBR, Police, Narcotics dept being empowered to probe money laundering

Syful Islam | 2014-11-24 00:00:00

The government is going to empower numerous agencies, in addition to the lone anti-graft body, to independently investigate pecuniary offences, money laundering in particular. Sources said the National Board of Revenue (NBR), Bangladesh Bank, Police and the Department of Narcotics...

RHD in a fix over project for building three bridges

Munima Sultana | 2014-11-24 00:00:00

The Roads and Highways Department (RHD) is in a dilemma with a project for construction of three bridges as it did not get approval from the Planning Commission to revise the project proposal during the last one year and a...

Mystery of numbers of actual returnees, TIN-holders amid steady GDP growth

Doulot Akter Mala | 2014-11-24 00:00:00

The number of personal or individual-level income taxpayers in the country gives quite a disconcerting picture, notwithstanding the 'big bang' about annual tax fairs, the much-vaunted drives for expanding the direct tax net and the much ado about reorganisation, recast,...

Tk 1.0b govt fund for BHBFC

Rezaul Karim | 2014-11-24 00:00:00

The government is going to provide Tk 1.0 billion fund assistance to Bangladesh House Building Finance Corporation (BHBFC) of which Tk 500 million will be disbursed in the current fiscal year (FY) and the rest in the next FY, officials...

Rationalisation of sectors in development planning and budgeting — II

Shamsul Alam concluding his two-part article | 2014-11-24 00:00:00

Although previous FYPs used the same sectoral structure as the ADP, the 6th FYP is formulated around 10 broad thematic areas which are different from the sectors used in ADP. Table 3 shows the ten broad thematic areas used in...

A balance of deterrence and diplomacy: A spectre of Cold War

Sayed Kamaluddin | 2014-11-24 00:00:00

The increasingly changing global geopolitical situation has lately prompted strategists and commentators around the world to warn of a looming Cold War. On the eve of the 25th anniversary of the fall of Berlin Wall (November 09, 1989), former Russian...

Police do it once again

Neil Ray | 2014-11-24 00:00:00

The saga of police brutality shows no sign of relenting. This time Jibon, a 19-year youth from Rangpur city has fallen victim to such insane atrocities. Reportedly, he was picked up by the police from his residence at Jummapara of...

Roping in jaywalkers

Shamsul Huq Zahid | 2014-11-24 00:00:00

Perhaps, there is no comparative assessment of freedom the jaywalkers enjoy in major cities of the world. If there was one, Dhaka city would have been at the top of the list. The relevant agency, the Dhaka Metropolitan Police (DMP),...

Myanmar says plight of Rohingya minority a media fabrication

Paul Mooney of Reuters in Yangon | 2014-11-24 00:00:00

Myanmar President Thein Sein has denied that minority Muslim Rohingya are fleeing "torture" in western Rakhine state, telling the Voice of America Burmese Service such media reports were fabrication. According to the Arakan Project, which plots migration across the Bay...

Long \\\'to do\\\' list for Modi as clock ticks on reform

Frank Jack Daniel and Sanjeev Miglani of Reuters in New Delhi | 2014-11-24 00:00:00

Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target...

Iran nuclear talks may be extended as US sees \\\'big gaps\\\'

John Irish and Fredrik Dahl of Reuters in Vienna | 2014-11-24 00:00:00

World powers and Iran struggled on November 22 to overcome crucial differences that are preventing them from ending a 12-year standoff over Tehran's atomic ambitions, raising the prospect of another extension to the high-stake talks. US Secretary of State John...

European Parliament may propose Google break-up in draft resolution

Alexei Oreskovic, Julia Fioretti and Alastair Macdonald of Reuters | 2014-11-24 00:00:00

The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's search engine operations in Europe from the rest of its business as one possible option to rein in the Internet company's dominance in the search market. European...

DSE turnover dips below Tk 4.0 billion-mark

FE Online Report | 2014-11-23 00:00:00

Stocks witnessed sharp decline Sunday with turnover dipping below Tk 4.0 billion-mark after four months as nervous investors went for selling spree, fearing further fall. The market opened with a negative mood which continued till the market closure. DSEX, the...

Stocks down at opening amid volatility

FE Online Report | 2014-11-23 00:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw negative trend in early hours of trading on Sunday amid modest see-saw, the first session of the week. DSEX, the prime index of the DSE, went down by...

Illegal aliens involved in serious financial crimes

Shah Alam Nur | 2014-11-23 00:00:00

Several thousand foreign nationals are allegedly involved in serious financial crimes across the country as organised gangs are now eyeing a bonanza in various thriving sectors. According to intelligence sources, the foreigners are involved in illegal voice-over-internet protocol (VoIP) trade,...

Housing for rural people

Khalilur Rahman | 2014-11-23 00:00:00

It is good to know that the Bangladesh House Building Finance Corporation (BHBFC) plans to bring rural areas under its home loan coverage for constructing modern multi-storied residential houses.  The BHBFC project aims at providing accommodation to rural people at...

Pharmaceutical sector supporting measures yet to be implemented

Shamsul Huda | 2014-11-23 00:00:00

The supportive measures taken a decade back as backward linkage facilities to boost growth of pharmaceuticals sector are yet to be implemented due to apathy of the government. The Active Pharmaceuticals Ingredients Park (API Park) and the National Control Laboratory...

Strong indicators in favour of 4G, LTE

Special Correspondent | 2014-11-23 00:00:00

Airtel Bangladesh Ltd has planned to cover all the districts of Bangladesh under  3G blanket within 2016.   "Presently we have established 3G network in 21 districts and within 2016, we will cover the whole country since our expansion plan fits...

Sales of unregistered SIM cards galore

Khairul Islam | 2014-11-23 00:00:00

The sales of pre-activated SIM (subscriber identification module) cards are galore across the country with the regulator's directives defied. People, involved in the telecom industry and the law enforcement agencies, said a large number of sold but unregistered SIM cards...

Obama rescues undocumented immigrants

Maswood Alam Khan from Maryland, USA | 2014-11-23 00:00:00

Zunu Zunaid, a Bangladeshi young man, had come to Kansas in U.S.A. on a student visa in 1994 to study petroleum engineering. Twenty-eight people had taken him to Dhaka airport when he was leaving Bangladesh for America, a goodbye befitting...

Rationalisation of sectors in development planning and budgeting

Shamsul Alam in the first of a two-part article | 2014-11-23 00:00:00

The types of sectors as defined by the Ministry of Finance and Ministry of Planning for overall budget allocations, allocation of development budget, and also for the evaluation of projects/programmes should be critically analysed. Also should be studied the limitations...

U.S.-Bangladesh trade and investment ties: A partnership for sustained success

Charles H. Rivkin | 2014-11-23 00:00:00

On my recent trip through Asia, I was thrilled to visit Bangladesh, whose economic development has impressed the world.  I underscored the U.S. government's commitment to growing our trade and investment ties - so we can help sustain Bangladesh's success...

Generation next, Bangladesh

Hasnat Abdul Hye | 2014-11-23 00:00:00

The old generation has always felt worried about posterity who would follow them next. The concern is universal but it has become more relevant for Bangladesh in recent years. Are the young being brought up correctly and properly, has been...

Deductive and inductive approaches to teach language

Masum Billah | 2014-11-23 00:00:00

Two very distinct and opposing instructional approaches are used to assess the learners as well as teachers. They are inductive and deductive approaches. Both approaches can offer certain advantages, but the biggest difference is the role of the teacher. In...

Investment suffers as legal dispute remains unresolved

Mohammad Ali | 2014-11-22 00:00:00

Foreign direct investment (FDI) in the country's commercial service sector has virtually stalled for more than two years over a legal dispute. The long-pending legal dispute is affecting investments in areas including freight forwarding and logistic service, shipping agency, airlines...

Drastic fall in fines by DoE

Badrul Ahsan | 2014-11-22 00:00:00

Insiders smell something fishy at the drastic fall in fines imposed by the Department of Environment (DoE) indicating that the officials are being managed by the stakeholders. According to the data available with the government, fines imposed against different factories...

Children come to school to learn things, not to be punished

Zeenat Khan from Maryland, USA | 2014-11-22 00:00:00

According to Wikipedia, "Corporal punishment has been outlawed in many countries, including Canada, Kenya, South Africa, Sweden, New Zealand and nearly all of Europe." In the U.S., "corporal punishment is prohibited in public school for 31 states and Washington D.C."...

Viewing poverty reduction in a different way

Md Jamal Hossain from University of Denver, USA | 2014-11-22 00:00:00

Poverty reduction is a global concern. Who should undertake the task of poverty reduction? Well, the answer is ready. The responsibility for reduction of poverty is either vested in the government or the well-off classes. Then the question is, who...

War against corruption

Gopal Sengupta | 2014-11-22 00:00:00

Corruption in Bangladesh has assumed such large proportions with various types and forms that large sections of the public have come to believe that it is impossible to get rid of this menace. In such an atmosphere of pervasive cynicism,...

Transformation of the economy: Problems and prospects

Md Joynal Abdin | 2014-11-22 00:00:00

Bangladesh is one of the most emerging countries of the world. The current size of its GDP is about US$ 140 billion with annual 6 per cent plus growth rate during the last decade.  Economic growth of the country is...