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Foreign business proposals being diverted from Bangladesh

Jubair Hasan and Shah Alam Nur | 2014-01-01 00:00:00

Ongoing political turmoil has been affecting the country's foreign business deals as foreign delegates have refused to visit Bangladesh on security grounds, businesses said. The foreigners' apathy to make trips to Bangladesh has come as a big blow to the...

Tax authorities find 2013 as an uncomfortable year

Doulot Akter Mala | 2014-01-01 00:00:00

The outgoing 2013 was quite an uncomfortable year for the tax authorities as the government's overall revenue collection passed through a slow growth throughout the second half of the calendar year primarily due to the persistent political unrest. Such less-than-expected...

2014: Carrying the baggage of past year\\\'s political, economic troubles

Shamsul Huq Zahid | 2014-01-01 00:00:00

The nation, along with rest of the world, stepped into the year, 2014, at zero hour last night at the end of what many might feel like describing as a nightmarish year, in terms of both political and economic developments....

Larger PCBs see fall in operating profits in ‘13

Siddique Islam | 2014-01-01 00:00:00

The unaudited operating profits of the country's private commercial banks (PCBs) witnessed a mixed trend in the just-concluded calendar year with those of larger banks falling significantly. Bankers attributed the fall in operating profits of major banks to the rise...

Stock market sees off a tumultuous year

Babul Barman | 2014-01-01 00:00:00

The Dhaka Stock Exchange (DSE) passed a volatile year in 2013 despite a positive ending of the broad share price index for the first time in last three years amid mounting political tensions. Analysts said a disappointing scenario might continue...

The cost of current political chaos

Md. Joynal Abdin | 2014-01-01 00:00:00

Bangladesh is a moderate Muslim country. It has emerged as a role model for many least developed countries in peaceful co-existence of diverse religious, cultural and ethnic groups. Inter-religious ties and amity are strong and peaceful in Bangladesh. The independence...

Need to survive to vote

Mohsin Ali | 2014-01-01 00:00:00

Former Chief Adviser to the 1996 Non-Party Care-Taker Government Justice Hahibur Rahman has rightly said in a seminar on Human Rights this week in Dhaka that the people's rights to vote is very important, but the right to live comes...

Ending political turmoil for survival

Maskurul Alam | 2014-01-01 00:00:00

It is a matter of regret that the economy of the country is being strangulated to death due to the ongoing political turmoil. If this situation goes on for a long time, the GDP will be much lower than what...

Political turmoil sends jitters to the economy

Syed Jamaluddin | 2014-01-01 00:00:00

The government is under pressure with regard to the 10th parliamentary election. The international community has decided not to send observers on the ground that the January 05 election is not going to be participatory and has all the elements...

Thai: Will the army step in?

Zaglul Ahmed Chowdhury | 2014-01-01 00:00:00

As the political crisis in Thailand shows no sign of resolution, speculations are rife in capital Bangkok and elsewhere in the country that the army may intervene. Such a possibility received credence after the army indicated that nothing is ruled...

Where are the state-owned banks heading to ?

Syed Ashraf Ali | 2014-01-01 00:00:00

My uncle stepped into a branch of a state-owned bank (SOB) in Dhaka for a bank draft to send some money to his home town on the eve of Eid-ul-Fitr. "The gentleman who issues the drafts has gone to attend...

Signing of food grains purchase deal with Myanmar uncertain

Syful Islam | 2013-12-31 00:00:00

The signing of a bilateral pact on food grain purchase between Myanmar and Bangladesh has become uncertain after the former informed that it now does not export rice on government-to-government (G-to-G) basis, sources said. However, Myanmar proposed that Bangladeshi importers...

50,000 foreigners staying illegally in Bangladesh

Badrul Ahsan | 2013-12-31 00:00:00

More than 50,000 foreigners are now staying in Bangladesh illegally posing serious threat to national security as well as creating extra pressure on domestic job market, officials and experts said Monday. Of the foreigners, 30,450 are Indians, 2,532 Pakistanis, 2,411...

BB extends time for adjustment for banks by one more year

Siddique Islam | 2013-12-31 00:00:00

The central bank has extended the time-limit by one more year for adjustment of 'single-borrower exposure limit' by the commercial banks for financing the operations of their subsidiaries, brokerage houses and merchant banks. Under the amended provisions, the banks will...

Improving rural roads helps poverty reduction

Md Shohel Reza Amin | 2013-12-31 00:00:00

Since the inception of Bangladesh Rural Transport Improvement Project in 2003, more than 2,500 kilometres of rural roads were maintained and improved in the country. Despite big investments to develop the country's rural road network, the condition of it has...

Insulating RMG from political turmoil

Abu Mukhles Alamgir Hossain | 2013-12-31 00:00:00

Bangladesh export trade is heavily dependent on a few products like ready-made garments (RMG) including woven and Knit, home textile, jute and jute goods, leather and leather goods and frozen Fish. Among them, RMG itself earns more than 80 per...

Giving the devil its due

Shamsul Huq Zahid | 2013-12-31 00:00:00

Several months back unskilled and semi-skilled workers in their thousands made long queues before the rural IT (Information Technology) centres and got their names registered with a hope of getting jobs abroad. The government put up advertisements in newspapers to...

Political crises grip most part of S Asia

Zaglul Ahmed Chowdhury | 2013-12-30 00:00:00

Most of the south Asian nations at present seem to be in the threshold of political crises. Largest of these countries, India, which is going to national elections early next year, is experiencing domestic problems stemming from some developments. The...

Ethics and economics of TV ads

Shaikh Saleque | 2013-12-30 00:00:00

Commercial advertisement or ad is the lifeblood of television channels. Broadcasters sell air time to advertisers to earn revenue. TV broadcasters, particularly the privately-owned ones, depend mainly on advertising revenue. The state-owned broadcasters, however, are financed by the government, while...

How beneficial TICFA deal will be for Bangladesh?

Syful Islam | 2013-12-30 00:00:00

Bangladesh maintains good economic and political relations with the United States. As the single largest export destination, the US is a very important trade partner. On November 25 Bangladesh signed the much-talked-about Trade and Investment Cooperation Forum Agreement (TICFA) with...

Why efficiency of judiciary important

Mohammad Ali | 2013-12-30 00:00:00

A robust and sustainable economy depends on many factors that include business-friendly policy, efficiency of the businessmen, good governance, better management of financial institutions and so on. However, very few of us including the corporate people take the 'efficiency of...

A heinous crime that cripples the nation

Rafiqul Islam | 2013-12-30 00:00:00

There is no denying the fact that food is the vital source of energy to sustain life on earth. Therefore, it is essential for every human being to take pure foods. But most of the food items we take everyday...

The efficacy of BSEC autonomy

Mohammad Mufazzal | 2013-12-30 00:00:00

Over the last few months, the single day ups and downs of the benchmark index of the country's premier bourse Dhaka Stock Exchange (DSE) were not remarkable. The movement of the index was like the proverbial monkey climbing a vertically...

Polls under political govt and truly independent EC

Emdadul Haque | 2013-12-30 00:00:00

Caretaker governments conducted the parliamentary elections in 1996, 2001 and 2008. The 13th amendment to the constitution was passed in the parliament making provision for the caretaker arrangement. These three elections were comparatively free and fair compared to all other...

The city arteries and gridlock

Munima Sultana | 2013-12-30 00:00:00

The capital Dhaka got a good mileage out of roads, flyovers and an overpass during the last one year. Due to the efforts taken in the last few years, the city dwellers now experience more than 25 kilometres of roads...

Leakages blur successes in education

Khairul Islam | 2013-12-30 00:00:00

Different indices reveal notable progress in the education sector.  Record pass rates, checking of school dropouts and minimal corruption made the sector somewhat vibrant. But the successes have been blurred for some disagreeable activities like frequent question paper leakages --...

Mobile telephony in banking

Badrul Ahsan | 2013-12-30 00:00:00

Once upon a time people used pigeons in communicating with their near and dear ones. Later on, the arrival of postal service and then land phone changed the scenario. People became familiar with the services. That time people mainly in...

Land phones -phones without a future

Jamal Uddin | 2013-12-30 00:00:00

A decade ago, people who had financial solvency would dream of getting a land phone connection. Land phone was then considered a sign of aristocracy. Many people then depended on one phone - not only land phone owners would be...

The war on formalin use in foodstuffs

Talha Bin Habib | 2013-12-30 00:00:00

It is really a matter of grave concern that the rampant use of formalin in foodstuffs poses a serious threat to public health. The ongoing campaign to make the kitchen markets formalin-free is yet to bring optimum results as unscrupulous...

Politics or \\\'poly-tricks\\\': The angels and demons

Minhazul Anwar Mridul | 2013-12-30 00:00:00

"All I wanna say is that They don't really care about us All I wanna say is that They don't really care about us…" - Michael Jackson: 'History - Past, Present And Future - Book 1' (1995) When the US...