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Testing facilities in country still lagging behind

Shamsul Huda | 2013-11-12 00:00:00

Testing facilities for products and services in a growing export oriented country like Bangladesh is still lagging behind. The testing laboratories under different ministries of the government including Bangladesh Standards and Testing Institute (BSTI) and private level local and foreign...

Frequent shutdown takes toll on day labourers\\\' income

Shah Alam Nur | 2013-11-12 00:00:00

The countrywide hartal (general strike) called by the opposition parties has pushed the day labourers in a difficult situation in the capital depriving them of their daily income. Day labourers including bus drivers, helpers, restaurant workers, goods un-loaders and contract-labourers...

Implementation of cabinet decisions comes down

Syful Islam | 2013-11-12 00:00:00

The rate of implementation of decisions taken by the cabinet has come down to 75 per cent in last fiscal year (FY) from 95 per cent in FY 2011-12, sources said. In FY 2010-11, the implementation rate was at 97...

BSEC to formulate rules for running commodity exchange soon

Mohammad Mufazzal | 2013-11-12 00:00:00

The securities regulator is likely to start the task of formulating the rules required for running the commodity exchange in January next in a bid to minimise the risks of the local commodities, the officials said. The assurance of formulating...

3G is all set to take Bangladesh by storm

Abdullah Ferdous from London | 2013-11-12 00:00:00

Bangladesh is a unique country in many ways. In several areas Bangladesh stands proudly (be it rightly or wrongly) as an exception. The recent entry into 3G mobile environment is likely to create another reference in traditional statistics of the...

Nuclear proliferation in South Asia

Md Nazmul Islam | 2013-11-12 00:00:00

Security dilemmas arise when a state's mechanisms for increasing its security negatively impact the security and threat perceptions of other states. The spread of nuclear weapons is one of the world's foremost security concerns. The effect of nuclear weapons on...

Graft, pvt operators eat up BRTC\\\'s profit

Munima Sultana | 2013-11-11 00:00:00

The Bangladesh Road Transport Corporation (BRTC) cannot tap the full profit from its services, as it has almost lost its control on the largest fleet of buses it has, thanks to the highest ever investment. Sources said irregularities, mismanagement, corruption...

Five more NBR service centres in the offing

Doulot Akter Mala | 2013-11-11 00:00:00

The National Board of Revenue (NBR) is going to expand its service centres across the country in a bid to facilitate obtaining new TIN and necessary services for the taxpayers. Five more service centres will be set up in Narayanganj,...

Shop owners to seek compensation from govt, opposition

Badrul Ahsan | 2013-11-11 00:00:00

The country's shop owners are planning to go for a movement against the hartal programmes as they have to count losses to the tune of Tk 1.0 billion a day during shutdowns, the sector leaders have claimed. If such frequent...

Non-tax revenue earning rises by 71 pc in Q1

Rezaul Karim | 2013-11-11 00:00:00

Revenue earnings by the office of the Chief Controller of Imports & Exports (CCI&E) under the Ministry of Commerce achieved about 39 per cent of its target in the first quarter of the current fiscal year, official sources said. Its...

Govt seeks time extension of four IDB-funded projects

Syful Islam | 2013-11-11 00:00:00

The government has sought extension of time for at least four projects funded by the Islamic Development Bank (IDB) as various factors have delayed their implementation, sources said. The time extension was sought at a recent meeting when an IDB...

The abominable chemistry of shutdowns

Gopal Sengupta from Montreal, Canada | 2013-11-11 00:00:00

The other day some of my friends had a long debate on shutdowns in Bangladesh. Fourteen-year-old Monir, who sustained burn injuries when pickets set fire to his father's covered van on Dhaka-Gazipur highway during shutdown hours last Monday, succumbed to...

Country\\\'s students at receiving end

Neil Ray | 2013-11-11 00:00:00

Politics at its nastiest is taking its toll in myriad forms. Apart from the direct casualties of senseless violence, people with no allegiance to any party politics are finding themselves at the receiving end. In fact they have been held...

Troubled politics causes rising loan default

Shamsul Huq Zahid | 2013-11-11 00:00:00

The country's banking sector is now on a reverse gear once again. Successes achieved in streamlining it through joint efforts of government, central bank, private sector sponsors and multilateral lenders over the past few years now face the risk of...

Political crisis casts shadows over the economy

Sarwar Md. Saifullah Khaled | 2013-11-11 00:00:00

A peaceful environment is necessary for economic progress of a country and wellbeing of the people. But in our country, the long continuing political crisis over the election-time government is pushing the economy from bad to worse. Sustainable economic growth...

The quest for a credible election—\\\'hardliners\\\' scuttling prospect!

Zaglul Ahmed Chowdhury | 2013-11-10 00:00:00

The nation is unquestionably getting itself increasingly enmeshed in developments that are causing political uncertainty of a serious proportion. And in the process of this, chances of a way-out from the current imbroglio are becoming slimmer, being made difficult by...

Bangladesh\\\'s efforts on capital market reforms

Bruno Carrasco and Syed Ali-Mumtaz H. Shah | 2013-11-10 00:00:00

Bangladesh has had its share of stock market booms and busts. Following a bull run during most of 2010, the Dhaka Stock Exchange (DSE) crashed in early December 2010 and by March 2011 the index had fallen by half from...

Checking formalin use in food

Khalilur Rahman | 2013-11-10 00:00:00

In the backdrop of large scale use of formalin in food items, the cabinet has approved, in principle, Formalin Control Bill 2013 with a provision to award food adulterators' jail-terms up to ten years and Taka 0.5 million as fine....

Tongi-Bhairab railway double track work progressing fast

Shamsul Huda | 2013-11-10 00:00:00

Construction work for upgrading the Dhaka-Chittagong single track railway into double track in the Tongi-Bhairab section is progressing fast. The progress has been 56 per cent in the last twenty four months and it is likely to be completed within...

Steady growth in MNCs\\\' profits

Shah Alam Nur | 2013-11-10 00:00:00

Profits of the multinational companies (MNCs) operating in the country have been growing steadily despite the prevailing unfavourable business condition thanks to their good management and product quality, sources said. For doing better business most of foreign and multinational companies...

Better education for a better world

Masum Billah | 2013-11-10 00:00:00

Now teachers' voice is heard in the global forums to make this planet better giving better education to the students. In the 7th Asia- Pacific Teachers' Conference held in Kuala Lumpur between September 18 and 20, 2013 the voice of...

Revisiting equal education for all

Pamelia Khaled | 2013-11-10 00:00:00

This article is about the current role and weaknesses of Equal Education for All (EFA), as there are missing objectives that have a deep impact on the ability to achieve quality education in South Asia. "Despite significant progress over the...

BTRC to reward best telecom operator

Doulot Akter Mala | 2013-11-09 00:00:00

The telecom regulatory authority is going to introduce a policy to reward the best performing cell phone operator by setting three criteria in an effort to encourage them to meet compliance. Bangladesh Telecom Regulatory Authority (BTRC) plans to introduce the...

BB survey on inflation expectation soon

Syful Islam | 2013-11-09 00:00:00

The central bank will soon conduct a survey on inflation expectation aiming to help the financial sector players and investors frame proper policies and draw up investment plans, sources have said. The inflation expectation is a rate of inflation that...

BD-Myanmar JTC meet in Nay Pyi Taw in Jan

Talha Bin Habib | 2013-11-09 00:00:00

The Joint Trade Commission (JTC) meeting of Bangladesh and Myanmar will be held in January next to strengthen bilateral trade between the two countries, a high official said. With this end in view an inter-ministerial meeting will be held soon...

More PCBs set to go for mobile banking service

Badrul Ahsan | 2013-11-09 00:00:00

A large number of private commercial banks (PCBs) are now set to start mobile banking business with a view to bringing a vast segment of unbanked people under their coverage, sources said. Besides, the grand success of others also lured...

BHBFC to expand housing finance to dist, UZ levels

Rezaul Karim | 2013-11-09 00:00:00

The state owned Bangladesh House Building Finance Corporation (BHBFC) is set to expand its housing finance activities to district and upazila levels of the country, sources said. To this effect, the BHBFC recently sought Tk 5.0 billion as capital assistance...

Little Master\\\'s departure from cricket

Nilratan Halder | 2013-11-09 00:00:00

The word retirement has a resonance of dispensability. One is given the message that you are no longer required. Common people have their retirement age at a considerable ripe age. But the geniuses, exceptional as they are, either have no...

Micro-credit and the poor

Shahana Bilkis | 2013-11-09 00:00:00

Conventional banks never showed interest to provide loan to poor people and did not lend them. So, they had to borrow money from moneylenders with high interest rates. As a result, they ended up more or less permanently in debt....

Containing adulteration of foods

Talukdar Rasel Mahmud | 2013-11-09 00:00:00

We cannot think of our survival without food because of its indispensable nutritional support for the body. Everyone is constitutionally entitled to get pure food. Article 15 of the Constitution says it shall be the fundamental responsibility of the state...