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NGOs averse to get microcredit licences

Ismail Hossain | 2013-10-10 00:00:00

The non-government organisations (NGOs) that are eager to operate microcredit in the country are reluctant in getting licences for running their operation. Less than half of the selected NGOs submitted their documents and deposited cash Tk 1.0 million in their...

Tensions on political, RMG fronts threat to investment, growth

Munima Sultana | 2013-10-10 00:00:00

Canadian High Commissioner Heather Cruden said tensions in the country's political arena centring on the next general election and in the readymade garment (RMG) sector over the labour right issues made Canada apprehensive of worsening investment climate and economic growth...

Default loan scenario of banking sector

Mahbubul Haque Chowdhury | 2013-10-10 00:00:00

It is alarming that the Bangladesh Bank (BB) in its financial stability report FSR-2012 indicated that the state-owned and the specialised banks are facing fund shortage due to increase of non-performing loans and assets. About 63 per cent of the...

Rampal power plant gives rise to controversies

Khondkar Abdus Saleque | 2013-10-10 00:00:00

The Government decision of going ahead with the implementation of imported coal-fired power plant at Rampal, Bagerhat located at about 14KM from Bangladesh's lone World Heritage the Sundarbans mangrove forest, has triggered controversies among Bangladeshis at home and abroad. Many,...

Rural capital and its transformation

Abdul Bayes | 2013-10-10 00:00:00

Loosely defined, rural livelihood system (RLS) goes to imply a matrix of options and opportunities that households embark upon to eke out a living in a regime of limited endowment of natural resources and plentiful supply of labour. The concept...

Implications for South Asia

Sultana Yesmin | 2013-10-10 00:00:00

By the end of 2013, the United States and the countries having affiliation with the North Atlantic Treaty Organisation (NATO) will terminate military involvement in Afghanistan. With the end of its military involvement, the security responsibilities will be handed over...

Steps to cool down onion market yield little results

Talha Bin Habib | 2013-10-10 00:00:00

A series of steps taken by the government have failed to leave any visible impact on the overheated prices of onion in the domestic market. Although the prices have declined slightly, it is yet to come down to the expected...

Solar home system fast growing in BD

Shamsul Huda | 2013-10-09 00:00:00

Solar energy based power units are being installed in remote and off grid villages at a faster rate in Bangladesh than any other country in the world, sources said. "We regard Bangladesh as the leading country in the installation of...

Biman\\\'s Dhaka-Yangon flight resumes from next month

Badrul Ahsan | 2013-10-09 00:00:00

Biman Bangladesh Airlines is expected to resume its Dhaka-Yangon flight from next month. It aims to rapidly expand its network to many other destinations across the globe, Managing Director (MD) of Biman Kevin Steele said. Following an agreement signed between...

SAARC needs to increase inter-regional trade in goods and services

Md Sahabuddin concluding his two-part article on trade and investment in South Asia | 2013-10-09 00:00:00

South Asia is gradually being considered as the most liberal and business-friendly region in the world. To increase investment, South Asian countries offer generous and attractive packages of incentives to investors. They are willing to end discrimination between local and...

Leather industry faces financial crunch

Syed Jamaluddin | 2013-10-09 00:00:00

Loan defaults have increased in the leather industry. Recovery of loans has declined side by side. Risk in this sector has, therefore, increased. The Bangladesh Bank (BB) has advised the commercial banks to move with caution in sanctioning loans in...

The silver lining in the Syrian conflict: Destruction of chemical weapons

Zaglul Ahmed Chowdhury | 2013-10-09 00:00:00

The Syrian conflict is increasingly becoming less volatile and this development has come as a relief.  This is a positive omen, raising hope that the current war-like situation will be reversed and a condition will be created for  a peaceful...

Is low labour productivity in RMG a non-issue?

Shamsul Huq Zahid | 2013-10-09 00:00:00

The chief of an International Monetary Fund (IMF) mission that has just concluded its third review of the extended credit facility (ECF) to Bangladesh, Mr. Rodrigo Cubero, like many others at home and abroad, saw great potential in Bangladesh to...

Poor showing by banks likely to hit tax collection in FY \\\'14

Doulot Akter Mala | 2013-10-09 00:00:00

Corporate tax collection is likely to face a blow in the current fiscal year (FY) 2013-14 due to possible poor showing by the country's major private commercial banks (PCBs) and other large companies. The ongoing political uncertainty centering the upcoming...

Country achieves self-reliance in cable output

Shah Alam Nur | 2013-10-08 00:00:00

The country has almost achieved self-sufficiency in cable production in the recent time and now ready to export the surplus after meeting the local demands. More then 98 per cent of domestic needs are being met from the local cable...

South Asia lacks in market integration

Md. Sahabuddin in the first of a two-part article on trade and investment in South Asia | 2013-10-08 00:00:00

South Asia has a great potential to accelerate its trade and investment growth as the geographical location of the region gives it a good access to markets. The region accounts for only 3.0 per cent of the world's surface area...

ADB estimate too cautious

Hasnat Abdul Hye | 2013-10-08 00:00:00

Ever since the first publication of the Asian Development Outlook (ADO) by the Asian Development Bank (ADB), the annual report on the economic performance of Asia and those of the member countries of ADB has received venerable reception by governments...

Capital market debacle and responsibility of auditors

Muhammad Aminul Hoque | 2013-10-08 00:00:00

The DSE General Index stood at around 2,900 points in July, 2009. Within 10 months it crossed the 5,600 mark and within the next six more months it rose by another 3,000 points. So there arises a question as to...

Deadly games: Capricious politics and endangered economies

Mizanur Rahman Shelley | 2013-10-08 00:00:00

The World seems to have become hostage to the caprice and whims of a bunch of playful children. Politicians in different countries are stubbornly sticking to their stands on political, ideological or even personal grounds driving national economies to serious...

BB takes moves to check fraud in banking sector

Siddique Islam | 2013-10-08 00:00:00

The central bank has taken some 'effective' regulatory initiatives including installation of software for checking fraud and forgery in the country's banking sector, an official said Monday. Under the latest moves, the Bangladesh Bank (BB) will introduce the software -...

Who is next: BJP or Congress?

Mamun Rashid writes from New Delhi, India | 2013-10-08 00:00:00

The chauffer I out-sourced through the host company was from Himachal Pradesh (province) in India. Once I became friendly with him, he didn't spend much time to tell me- this time it is going to be BJP (Bharatiya Janata Party)...

Govt to set up 7 fire stations in RMG belts, pick 260 inspectors

Rezaul Karim | 2013-10-07 00:00:00

The government is going to set up seven fire service stations in the industrial belts having ready-made garment (RMG) factories aiming to cope with recurrences of fire incidents, official sources said. Besides, a total of 260 inspectors will be appointed...

It\\\'s time for banks to reach the un-banked areas

Mohammed Tajul Islam | 2013-10-07 00:00:00

Amid global gloom and caution over the domestic macroeconomic environment, the Bangladesh Bank (BB) released the third issue of its annual Financial Stability Report (FSR)-2012 on September 15 last. The FSR highlighted the BB's views on prudential surveillance of the...

Affordable Hilsha satisfies Bangalees\\\' taste buds

Neil Ray | 2013-10-07 00:00:00

Surely, there would have been a storm in a teacup had Hilshas, perhaps the most favoured fish to the Bangalees, would have been conspicuous by their absence. Now that the most sought-after fish until recently have flooded markets, street corners...

The change that is not for the better

Shamsul Huq Zahid | 2013-10-07 00:00:00

The results of a recent survey, conducted in some selected city corporations and municipalities by the private think-tank, the Centre for policy Dialogue (CPD), have not been anything different from the obvious. The majority of the respondents have expressed their...

ICT and good governance: An appraisal

Md. Azharul Islam | 2013-10-07 00:00:00

The Information and Communication Technology (ICT) is a medium to address the deficiency related to the transparency in administration, ensure efficiency in service delivery and facilitate wider public participation in policy making. Due to some constraints, the practice of good...

Thefts in HSIA ground handling zone galore

Shamsul Huda | 2013-10-06 00:00:00

Export and import cargoes go missing almost regularly from the ground handling zone at the Dhaka international airport because of lax security and the authorities seem least concerned about it. A freight forwarder alleged cargoes are going missing frequently from...

Rawhide prices likely to be higher this year

Ismail Hossain | 2013-10-06 00:00:00

The country's tanners have predicted that the prices of rawhides and skins would be higher this year than those of the last year. They made the prediction based on the increasing prices of the same in the global market, the...

School banking: Pragmatic initiative to develop savings habit of learners

Md Khairul Hasan | 2013-10-06 00:00:00

In our childhood we hoarded paisa or Taka in earthen bank, little pot, pillow, bamboo hose and any other secret place. We used to save a little amount of money by cutting our tiffin cost and educational expenses. We were...

What made Sabirul a leader of entrepreneurs?

Suchona Latif | 2013-10-06 00:00:00

He became an entrepreneur at the age of 14. He is just 23 and happens to be the youngest millionaire of the world. More importantly, he is leading thousands of aspiring entrepreneurs to chase their dreams! In 2010 Sabirul Islam...