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Illicit financial flows

Md Mahmudul Hasan Rasel | 2013-10-06 00:00:00

Illicit financial flows (IFF) are money that ends up benefiting local and foreign elites rather than the general population. Much of this money is generated by corruption, illegal resource exploitation, and tax evasion. Countries highly dependent on natural resources are...

Controlling tobacco production to reduce consumption

Shahana Bilkis | 2013-10-06 00:00:00

A mobile court in Dhaka fined recently superstores Swapna and Big-Bazar for advertisement of cigarettes at the point of sale violating the Smoking and Tobacco Products Usage (Control) Bill (Amendment) 2013. Dhaka Ahsania Mission provided technical support to the Dhaka...

Checking power, water and gas wastage

Khalilur Rahman | 2013-10-06 00:00:00

Checking illegal use of electricity, water and gas still remains a far cry. The way these precious resources is being wasted, in many cases in full public view, it is not difficult to assume that the authorities concerned are, in...

Checking power, water and gas wastage

Khalilur Rahman | 2013-10-06 00:00:00

Checking illegal use of electricity, water and gas still remains a far cry. The way these precious resources is being wasted, in many cases in full public view, it is not difficult to assume that the authorities concerned are, in...

Most S Asian nations bracing for new political crises

Zaglul Ahmed Chowdhury | 2013-10-06 00:00:00

Most of the south Asian nations seem now to be on the threshold of political crises. The largest one among these countries -- India -- is going to national elections early next year and experiencing domestic problems, stemming from some...

Productivity: A key to innovation and prosperity

Md Abu Abdullah | 2013-10-04 00:00:00

Innovation and productivity are needed for prosperity. What do we mean when we talk about productivity? Business executives, government leaders, economists are always in discussions to determine the key enablers of productivity. People often think that enabling productivity is the...

Climate change: Balancing adaptation and mitigation

Quamrul Islam Chowdhury | 2013-10-04 00:00:00

The First UN Annual Adaptation Forum is all set to be held in Warsaw in November during the Climate Conference. Its aims are to raise the profile of adaptation under the United Nations Framework Convention on Climate Change (UNFCCC) and...

The first nuclear power plant

Lutfor Rahman | 2013-10-04 00:00:00

The first nuclear power plant project in Bangladesh was inaugurated on Wednesday, October 2, 2013 at Rooppur under the district of Pabna. The initiative to set up the plant was taken in early 1960s when the region was under the...

Any prospect for Teesta and land boundary agreements?

Zaglul Ahmed Chowdhury | 2013-10-04 00:00:00

The recent meeting between Bangladesh prime minister Sheikh Hasina and her Indian counterpart Dr Manmohan Singh in New York on the sidelines of the current United Nations general Assembly session has raised some hopes about the future of the much-talked...

Time extension for tax return submission becomes a norm

Doulot Akter Mala | 2013-10-04 00:00:00

The number of tax return submitted by individuals until the first deadline of September 30 last, fell by nearly 29 per cent compared to that of the last year as many taxpayers have become used to the return's time-extension. Some...

Tanners seek Tk 4.5b bank loan to procure rawhide

Ismail Hossain | 2013-10-04 00:00:00

Country's tanners have sought Tk 4.5 billion loan from banks to facilitate the procurement of rawhides and skin of sacrificial animals during the ensuing Eid-ul Azha.   Last year the tanners received Tk 3.85 billion for the seasonal procurement.  "The tanners...

Europe must not try to regulate the internet

Joanna Shields | 2013-10-04 00:00:00

Europe's digital economy ministers have recently met in Paris to discuss the future. Their agenda has been obvious. The internet has been the bright spot in an otherwise bleak European Union (EU) economy. The eurozone economy is expected to contract...

Prime movers of development

Nilratan Halder | 2013-10-04 00:00:00

The urbanites, particularly the Dhakiites, are used to synonymising their cities with Bangladesh. They think their city is the centre of the Earth, let alone the tiny country of which Dhaka is capital. All depends on how the city of...

NBR puts on hold new VAT software for large companies

Doulot Akter Mala | 2013-10-04 00:00:00

The National Board of Revenue (NBR) has put the operationalisation of the new Value Added Tax (VAT) software, on hold, for large companies until December 31 after it found the measure would require automation of the revenue board. The board...

Development pessimism about Bangladesh has been proven wrong

Shamsul Alam | 2013-10-03 00:00:00

In the wake of accelerated investment in the social sector that started in the early 1990s and has continued until now, Bangladesh has emerged as a model of success in attaining MDGs (Millennium Development Goals). The achievements in the areas...

Mobile technology revolutionises microfinance operation

Md. Shohel Rana | 2013-10-03 00:00:00

Few people would today refute the fact that mobile technology is one of the innovations of the 20th century that has had the most impact on our lives. Coupled with the advent of 3G technology, broadband Internet connections and fibre...

The fish and the dish

Abdul Bayes | 2013-10-03 00:00:00

The people of Nishaigonj village under Valuka upazila in Mymensingh are seemingly on a new ladder of livelihoods. During Pakistan era and in independent Bangladesh until the late 1970s, crop farming, especially paddy cultivation, was their main source of livelihood....

Power plant at Rampal in the context of Environment Conservation Act

Talukdar Rasel Mahmud | 2013-10-02 00:00:00

The entire nation is proud of the Sundarbans which is the biggest mangrove forest in the world. It was declared a UNESCO World Heritage Site in 1997. It also contested as one of the finalists in the New 7 Wonders...

Slowdown in emerging economies

Salman Sakir | 2013-10-02 00:00:00

There has been a slowdown in emerging economies like India and Indonesia while there is a revival of the old ones, specially the United States. The slowdown in the emerging economies is mostly observed for economic growth, exchange rate and...

Success of Tax Fair 2013 raises expectation

Shahana Bilkis | 2013-10-02 00:00:00

Officials of Bangladesh Board of Revenue (NRB) once again arranged a tax fair this year to create awareness about income tax among the people of Bangladesh. Following enthusiasm among the people, the NBR is holding tax fair every year to...

An albatross around government’s neck

M. Serajul Islam | 2013-10-02 00:00:00

This government seems to have made a promise to itself that it will continue until the end of its tenure to keep the people guessing on what it would do next with Dr. Yunus and the Grameen Bank (GB). It...

Will Manmohan-Nawaz meeting help improve Indo-Pak ties?

Zaglul Ahmed Chowdhury | 2013-10-02 00:00:00

The much-hyped meeting between the prime ministers of India and Pakistan, on the sidelines of the current United Nations general assembly session (UNGA), has raised hopes for bettering their often-battered bilateral ties. But sceptics say that the discussions between Indian...

Climate change hits Ctg, Mongla ports hard

Syful Islam | 2013-10-02 00:00:00

Impacts of climate change are frequently disrupting operations in the country's two seaports causing huge financial losses, port officials have said. Bangladesh is among the countries vulnerable to the impacts of climate change where storms, cyclones, flash floods, poor rainfall,...

BR ditches decision on procuring AC coaches

Munima Sultana | 2013-10-02 00:00:00

The Bangladesh Railway (BR) is likely to cancel its decision to procure 70 'technically imperfect' broad-gauge (BG) air-conditioned (AC) passenger coaches and five Diesel Electric Multiple Units (DEMUs) from India under the US $1.0 billion Indian line of credit (LoC)...

Investors ignore manipulators, blame regulator: Experts

Mohammad Mufazzal | 2013-10-01 00:00:00

Experts have slammed the so-called investors who cannot be restrained from purchasing shares of companies with weak fundamentals at abnormal prices following artificial demand created by the manipulators. Their criticism came after repeated purchase of shares of companies having weak...

Margin loan crisis

Mohammad Lutfar Rahman (Badal) | 2013-10-01 00:00:00

The years 2011 and 2012 saw a lot of promises and assurances from the top brass of the government about injecting fresh funds into the capital market. In this process of prolonged hope and despair, a staggering sum of Tk...

How independent are the independent directors?

Syed Ashraf Ali | 2013-10-01 00:00:00

The Bangladesh Securities and Exchange Commission (BSEC) issued a notification in 2006 imposing a requirement on the listed companies for appointment of independent directors (IDs). The underlying objective was that the IDs would serve as an eye for the Commission,...

RMG workers deserve higher minimum wage

Syed Jamaluddin | 2013-10-01 00:00:00

Garment workers were recently  engaged in siege and arson. Besides the capital and adjoining areas, the unrest spread to the outlying areas also. Agitating garment workers came out on the streets in large numbers, demanding minimum wages at Tk 8,000....

The brunt of a coal-fired power plant

M Jalal Hussain | 2013-10-01 00:00:00

Bangladesh is a small country of 147,570 sqkm areas with a large population of 160 million, located on a vulnerable geographic plane. The density of population of the country is the highest in the world. The country has already been...

Who is to blame for current economic woes of India?

Mamun Rashid writes from New Delhi, India | 2013-10-01 00:00:00

I was not at all prepared to hear this. I like Mr. Pranab Mukherjee, the incumbent President of India, a lot. He has been an Indian Congress stalwart, an accommodative politician and, more importantly, a good friend of Bangladesh. But...