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WB agrees to finance $250m BRT line-3 project

Munima Sultana | 2014-07-07 00:00:00

The World Bank (WB) has in principle agreed to finance in the country's third mass transport project to establish 20-kilometre bus rapid transit (BRT) lane for running buses in dedicated lane from Airport to Jhilmil project area. After a meeting...

About morality and crime

Maswood Alam Khan from Maryland, USA | 2014-07-07 00:00:00

At Palima village in Kalihati Upazila in Tangail, Harunur Rashid Mondol had allegedly tortured his wife Amena Begum to death on Monday, June 30. The husband was 28-year-old and his wife 10 years his junior. On Tuesday, Mondol was arrested...

Basic Bank: What about the money?

Shamsul Huq Zahid | 2014-07-07 00:00:00

Sheikh Abdul Hye Bacchu, the man who has been in the national limelight of late for his alleged Machiavellian style of running the Basic Bank, a state-owned entity, is finally ousted from chairmanship of the bank. Finance Minister AMA Muhith...

Khaleda Zia\\\'s maligned Indian Express interview

M Serajul Islam | 2014-07-07 00:00:00

Begum Khaleda Zia's interview given to the Indian Express after the visit of the Indian Foreign Minister to Dhaka has angered the Awami League (AL) leaders very much. In Parliament, they pretty much tore apart the leader of the Bangladesh...

Ctg, Mongla, Benapole ports struggle hard to cope with stockpile of undelivered cars

Rezaul Karim | 2014-07-07 00:00:00

Country's main two seaports Chittagong, Mongla and landport Benapole are struggling hard to cope with a huge number of undelivered cars those stockpiled due to complexities relating to customs, officials said. The cars lying undelivered for a long time are...

No move to inject new life into BSCIC industrial plots

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

The government is yet to take any initiative to infuse fresh life into hundreds of industrial estates under the BSCIC, thus putting investors in dire straits, insiders said. Nearly 1,000 industrial plots of Bangladesh Small and Cottage Industries Corporation (BSCIC)...

Cement export prospect bright

Shah Alam Nur | 2014-07-07 00:00:00

Bangladesh is expected to be Asian hub of cement production soon for qualitative product diversification and use of environment-friendly technologies, industry-insiders said while seeking government support in paving the path for export of the surplus output in larger volumes. They...

Outflow outweighs inbound tourists

Shamsul Huda | 2014-07-07 00:00:00

Every year on an average one million Bangladeshi tourists are going abroad spending a lot of money in foreign currencies, according to sources with local tour operators. Against this large number of outbound tourists, less than 50 thousand are coming...

Poverty, violence drive Central American exodus to US

Gustavo Palencia of Reuters from El Guantillo, Honduras | 2014-07-07 00:00:00

Pregnant and with a young child in her arms, 17-year-old Andy Lizette Navarro says she has lost hope for the future in her semi-deserted mountain hamlet deep in rural Honduras, and dreams of America. There are precious few options in...

Russian people have no appetite for war — no matter what Putin says

Matthew Rojansky and Kenneth Yalowitz of Reuters | 2014-07-07 00:00:00

Russia and the West are again at odds, eying each other with suspicion over Moscow's annexation of Crimea and support of armed separatists in Eastern Ukraine. Basic rules of the game for security, stability and prosperity in Europe and beyond...

In peril under PM Modi, a vestige of Soviet-style planning

Rajesh Kumar Singh of Reuters from New Delhi | 2014-07-07 00:00:00

Prime Minister Narendra Modi never had a high opinion of the Planning Commission, an institutional vestige of the country's attempts to mimic the Soviet command economy during the infancy of its independence more than half a century ago. As leader...

Stocks extend losing streak for 4th day

FE Online Report | 2014-07-06 00:00:00

Stocks ended lower for the four consecutive days on Sunday with turnover dipping below six- week low as investors continued to remain in selling mood amid cautious stance. The market started with a positive note, but could not sustain as...

DSE, CSE open positive amid volatility

FE Online Report | 2014-07-06 00:00:00

The prices of most of the shares on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Sunday amid modest see-saw, the first trading day of the week. DSEX,...

MRA plans to put MFIs\\\' records under scanner

Rezaul Karim | 2014-07-06 00:00:00

Loan activities of micro-finance institutions ((MFIs) and overlapping of loans taken by their borrowers are set to come under the microcredit regulator's scanner. Officials said the Microcredit Regulatory Authority (MRA) was considering establishment of a micro finance (MF) credit information...

Cost-effective waterways remain a far cry

Mohammad Mufazzal | 2014-07-06 00:00:00

Loss of navigability of the country's rivers still remained a serious concern despite spending Tk 18.91 billion over the last one decade on dredging. The Bangladesh Inland Waterway Transport Authority (BIWTA) estimated the cost of dredging at Tk 18.91 billion...

Is Iraq on the brink of disintegration as a state?

Zaglul Ahmed Chowdhury | 2014-07-06 00:00:00

The once formidable country - Iraq - now appears to be on the brink of a collapse because of a combination of several factors. A swathe of the country has gone under the control of Sunni 'Jehadists' while 'Kurdistan' --...

Recovery of a classified loan

Shaiful Hossain | 2014-07-06 00:00:00

"Classified loan" and "defaulters" - these terms have become very familiar in the country. Once people used to feel ashamed of becoming defaulters but now-a-days the situation is quite different. It seems defaulters are no longer in the category of...

How to become a quality brand

Graham Mansfield | 2014-07-06 00:00:00

Apple, Google and Coca Cola. Three very different brands but united by one important factor: they were placed first, second and third in the Interbrand Best Global Brands listings for 2013. These are organisations with good brand equity. Companies with...

Coca-Cola to increase investment in Bangladesh CSR

Mohammad Ali | 2014-07-06 00:00:00

Global soft drink giant Coca-Cola has pledged to increase its investment in the corporate social responsibility (CSR) programme as much as its business grows in Bangladesh. "Our business is small here. We will be growing bigger. With the growing of...

Certificate business in private universities

Masum Billah | 2014-07-06 00:00:00

A very recent report regarding the education of private universities was released in the Parliamentary Standing Committee of education ministry meeting which has baffled us. It directly said that certificate trade and irregularities are rampant in the private universities. Even...

BJMC seeks Tk 5b from govt to buy jute, pay salary, bonus

Talha Bin Habib | 2014-07-05 00:00:00

The state-run Bangladesh Jute Mills Corporation (BJMC) has sought Tk 5.0 billion from the government for payment of salary and festival bonus of its employees as well as purchase of raw jute and payment of dues. The corporation, through the...

High-ups for expediting ongoing Chinese, Japanese projects

Syful Islam | 2014-07-05 00:00:00

Government high-ups have taken a move to expedite implementation of the ongoing Japanese and Chinese projects in Bangladesh, official sources said. The ministries and departments concerned have been directed to ensure it. The directive happens to have been issued at...

Polluting industries to pay green tax

Doulot Akter Mala | 2014-07-05 00:00:00

Industries polluting environment and generating health hazards will have to pay 1.0 percent surcharge, a new fiscal measure defined as green taxes, from the current fiscal year. The National Board of Revenue (NBR) has issued two separate rules by explaining...

Int\\\'l tender to print textbooks for 2015 disappoints local printers

Ismail Hossain | 2014-07-05 00:00:00

Disappointment has gripped the country's printers as the government has invited international printing houses for the fifth consecutive year to print textbooks for 2015 whereas almost half of the local printers remain idle during the peak season. The government has...

Smart phones add impetus to mobile apps dev job

Shamsul Huda | 2014-07-05 00:00:00

Mobile application (app) software development business is gradually increasing in the local market as the use of smart phones is scaling up. According to importers, 10 million smart phone sets had been imported annually during the last three years and...

Stocks post modest gains on short-term profit

Babul Barman | 2014-07-05 00:00:00

Stocks posted modest gains last week that ended Thursday, the first week of the new fiscal year, as investors booked short-term profit in later part of the week. The week featured four trading sessions instead of five as trading was...

Vision-2021: The role of small and medium enterprises

Md Joynal Abdin | 2014-07-05 00:00:00

The present ruling party declared Vision-2021 before the 9th parliamentary election. It is not understandable why Vision-2021 is not much highlighted now. Maybe, it is because some of the goals of the document were supposed to be achieved by this...

Empowering the youth

Silvia Zaman | 2014-07-05 00:00:00

A fundamental component and major investment of society that remains under-utilised is young people.  It is the youth who are the foundations of effective and progressive development. Half of the world's human population is young people. They hold enormous stake...

Riverbank erosion : An impediment to alleviation of poverty

Prof. Sarwar Md. Saifullah Khaled | 2014-07-05 00:00:00

Riverbank erosion is a major problem caused by the large rivers in Bangladesh. The hazard has severe consequences for the livelihood of those living on nearby floodplains. While normal floods are considered beneficial to agriculture and fisheries, erosion and continuous...

No alternative to good governance for Bangladesh

Shariful Islam | 2014-07-05 00:00:00

Although the term 'governance' has become a household word, it is one of the haziest terms in the discourse of development studies or international relations. Simply put, governance means 'the act of governing'. And accountability, transparency, participation… are the basic...