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Yellen looks toward a Keynesian approach

Anatole Kaletsky of Reuters | 2014-02-17 00:00:00

This has been a banner week for the world economy, inspired largely by events in the United States. In Washington, the first congressional testimony from Janet Yellen in her position as new Federal Reserve Board chairwoman on February 11 reassured...

The contemplated power tariff hike

Syed Jamaluddin | 2014-02-17 00:00:00

Within one month of assuming power for the third time, the government of Prime Minister Sheikh Hasina has initiated the process of raising power tariff. During her previous tenure as prime minister, the power tariff was raised six times, the...

DSE turnover dips below Tk 4b mark

FE Online Report | 2014-02-16 00:00:00

Stocks went down Sunday with turnover on the premier bourse dipped below Tk 4.0 billion-mark as investors went for selling spree amid cautious stance. The market opened with a positive note, but could not sustain. At the end of the...

Positive trend

FE Online Report | 2014-02-16 00:00:00

Share prices on the both bourses – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – witnessed upward trend in early hours of trading on Sunday, the opening day of the week. DSEX, the prime index of the DSE,...

Is it the ‘death of a dream’ for the pro-people Indian political party?

Zaglul Ahmed Chowdhury | 2014-02-16 00:00:00

The leader of a new political party that caused a great deal of sensation by taking a pro-people stance, has resigned as the chief minister of Delhi, failing to fulfil his electoral pledge. Arvind Kejriwal lasted for only 49 days...

Moving out of rented space remains a major problem

Shah Alam Nur | 2014-02-16 00:00:00

The readymade garment (RMG) owners are finding it difficult to shift their factories from buildings they are sharing with others mainly due to scarcity of industrial land and its high price, industry insiders said. Shifting garment factories from shared buildings...

Curbing formalin use in food

Khalilur Rahman | 2014-02-16 00:00:00

A report on mixing formalin in ice for preserving fish, published in some newspapers last week, has surprised consumers. It is known to all that widespread application of formalin in fresh fruits, vegetables, fishes, liquid milk and a variety of...

Most pvt medical colleges not following govt rules

Shamsul Huda | 2014-02-16 00:00:00

The standard of education at private medical colleges has come into question, as most of the institutions are not following the government rules properly. As per the related rule of the government, every college must have a 250-bed general hospital....

Why performance of mutual funds is poor

Khairul Bashar | 2014-02-16 00:00:00

What are the possible reasons behind the poor performance of our mutual fund (MF) industry? Why are the MFs being less attractive with 41 closed end mutual funds? Why is a sophisticated industry in developed and emerging countries still in...

On wisdom of taking USA lightly

M. Serajul Islam | 2014-02-16 00:00:00

One must wonder whether between former US ambassador to Bangladesh Patricia Butenis and the present ambassador Dan Mozena, the United States of America has slipped from being a superpower to one that Bangladesh could ignore at will. In 2006, Patricia...

Financing options for the dream bridge over Padma

Syed Ashraf Ali | 2014-02-16 00:00:00

For the last few years TV channels are routinely treating us to a spectacular animated view of what could have been our fancied Dream Bridge across the Padma. The dream, however, remained only a dream. What we were instead treated...

HC set to deliver final judgment

Mohammad Ali | 2014-02-16 00:00:00

The High Court (HC) is set to deliver its final judgment anytime on another legal battle regarding the much-talked about mandatory 2.0 per cent share holding requirement issue, sources in the court said. "The HC has already concluded hearing on...

Computer science is worth studying

Md Sazedul Islam | 2014-02-16 00:00:00

Our modern world would be inconceivable without computer science. From engineering to business management, medicine to biology, and language processing to psychology, sociology and archaeology - all the sciences today need computer science for the evaluation of their data. At...

BHBFC seeks Tk 10b budgetary allocation

Rezaul Karim | 2014-02-16 00:00:00

The Bangladesh House Building Finance Corporation (BHBFC) has sought Tk 5.0 billion budgetary allocation for the fiscal year (FY) 2013-14, and requested allocation of Tk 5.0 billion every fiscal year beginning from FY 2014-15 to continue its lending programmes, sources...

US bankers voice new optimism as businesses line up for loans

Michael Erman of Reuters from New York | 2014-02-16 00:00:00

Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy. Increasing demand for bank loans often is a prelude to higher economic growth. With the U.S. government budget crisis...

Sheikh Jamal play IFA final today

FE Online Report | 2014-02-15 00:00:00

Sheikh Jamal Dhanmondi Club take on Kolkata Mohammedan Sporting Club in the IFA Shield final at the Salt Lake Stadium in Kolkata today. The match begins at 6:30pm (BST) and will be telecast live on satellite channel Star Jalsha Movies....

NBR revenue target slashed by Tk 110b on big H1 shortfall

Doulot Akter Mala | 2014-02-15 00:00:00

The government has cut the revenue mobilisation target for the National Board of Revenue (NBR) by Tk 110 billion following a big shortfall in its collection until December last of the current fiscal year (FY). The government cut the revenue...

International marketing: \\\'Innovention\\\' rules the game

B K Mukhopadhyay from Kolkata | 2014-02-15 00:00:00

According to a recent US survey on senior executives, marketing will be the most important area of expertise for business leaders of the next generation. The study commissioned by the Institute of International Research sought to identify key areas for...

Problems in preparing district budget

Shahana Bilkis | 2014-02-15 00:00:00

The term 'budget' generally refers to a detailed plan of annual income and expenditure of a government. As the present government is on record saying that it is responsive to the people's hopes and expectations, it is likely to make...

Taking care of health through mobile phones

Sharmin Sultana | 2014-02-15 00:00:00

Improving the health status of people by using mobile devices is called mHealth. In a broader sense, mHealth encompasses any use of mobile technology to address health care challenges such as access, quality, affordability, matching of resources, and behavioural norms...

Yingluck\\\'s rice-pledging programme in trouble: Thai farmers protest

Masum Billah | 2014-02-15 00:00:00

Generous subsidies for farmers were a centerpiece of the platform that swept Yingluck Shinawatra to power in a landslide election  in 2011, but have left Thailand with vast stockpiles of rice and a bill it is struggling to fund. Hundreds...

Process of setting up hi-tech parks in divisional cities begins

Jamal Uddin | 2014-02-15 00:00:00

The government has started the process of setting up  hi-tech parks in some divisional cities to promote the country's information and communication technology (ICT) sector. At the first stage, hi-tech parks will be set up in  Mohakhali, Kaliakoir in Gazipur,...

Stocks break 6-week gaining streak amid profit booking

Babul Barman | 2014-02-15 00:00:00

 Stocks ended lower last week that ended Thursday, breaking the six straight week of gaining streak as investors pocketed profit almost throughout the week. The week featured all five trading sessions. The market retraced all the sessions during the week...

WB team arrives tomorrow to review MTBF project

Rezaul Karim | 2014-02-15 00:00:00

A 13-member mission of the World Bank (WB) will visit Bangladesh from February 16 to March 2 to review its Deepening Medium Term Budget Framework (MTBF) and Strengthening Financial Accountability Project, officials said. The mission will focus on restructuring of...

BGMEA, BKMEA bosses dodge RMG safety taskforce meeting

Syful Islam | 2014-02-15 00:00:00

None of the directors of the BGMEA and the BKMEA are attending the meetings of government's taskforce on labour welfare and occupational safety in readymade garment (RMG) sector causing delay in implementation of important decisions, sources said. "Mid level officials...

Protecting health of children

Md Sazedul Islam | 2014-02-15 00:00:00

Palash, aged two years, son of Rahima of Tongi, was brought to the Paediatrics department of Dhaka Medical College Hospital recently with fever and cold complications. On duty physicians at the hospital prescribed medicines for the child and advised his...

Searching honest and efficient science advisers

Lutfor Rahman | 2014-02-15 00:00:00

A very hopeful message was published in a national daily on February 6, 2014 quoting that the Prime Minister Sheikh Hasina is looking for honest and efficient resource persons to speed up the development activities in the country. She likes...

The cricket history of Mymensingh

Iftu Ahmed from Aurora, IL, USA | 2014-02-15 00:00:00

No one knows when the first cricket of Mymensingh was played. No doubt that at the very outset of the nineteenth century, cricket was played in Mymensingh with great enthusiasm. It does not mean that cricket was not played in...

A story of Palm Springs Tramway

ABM Ahsanullah | 2014-02-15 00:00:00

During our seven months' stay, rather a long sojourn, on UCR campus we visited several historical sites and tourist resorts, after every two weeks when Farhan would come from Oregon where he took up a job in Intel Inc. On...

Pains and pleasures of government service

Nilratan Halder | 2014-02-15 00:00:00

A young officer in the revenue department posed a question the other day, 'How much money does one need?' Apparently sounds naïve but this simple question adds extra meaning when it comes from someone who has the opportunity to stash...