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Monetary policy stance under scanner

Shamsul Alam | 2013-12-24 00:00:00

Every half a year, Bangladesh Bank, the central bank of Bangladesh and the country focal point of monetary policy, announces a Monetary Policy Statement (MPS) that articulates the country stance in terms of monetary policy and related macroeconomic management. While...

Public policy and economics

Hasnat Abdul Hye | 2013-12-24 00:00:00

Public policy is a composite of ideas, perceptions and theories. Overtly and covertly, a number of social sciences make their contributions in making public policy to take shape. Politicians, bureaucrats and social scientists-turned policy makers make use of these sources...

Sorry state of public healthcare service in Bangladesh

Khalilur Rahman | 2013-12-24 00:00:00

In the backdrop of population boom and increasing number of patients, healthcare facilities both in public and private sectors have quickly expanded in the country in recent years. But the quality of health service in general is yet to show...

Wrong brothers, a wind tunnel and the cockpit

Saqiful Alam | 2013-12-24 00:00:00

We all have heard about Orville Wright and Wilbur Wright, the brothers who built the first airplanes. But no one has ever before heard of the Wrong brothers. As it happens, they were also having the thought of building a...

No business goes without cyber presence

Nabeela Mobashwer | 2013-12-24 00:00:00

Emerge, Grow and Sustain are the keywords for every business. It was not until recently that marketers got aware of the untapped online market and commenced altering ways from the increasingly conventional marketing mix.  The dodge was the incredible combination...

Collaborative consumption approach

Faisal Wali & Khondker Galib B. Mohiuddin | 2013-12-24 00:00:00

Have you ever shared an audio CD with a friend? If you did so, without knowing, you had actually engaged in a 'collaborative consumption.' One of you paid for the CD, but two or more of you actually benefitted from...

Riding on biking in new business line

Drabir Alam | 2013-12-24 00:00:00

Potential Fortune Helmet wearing office and university going bicyclists are no longer an odd scene in Dhaka.  Slowly but surely, the bicycle is making the way back into the list of transport for the urban commuters. The extent of the...

Global and local perspectives

Md Touhidul Alam Khan and Md Saifur Rahman Shipon | 2013-12-24 00:00:00

"Boards and shareholders must embrace the fact that good business is not just about achieving the desired financial bottom line by being competitive. It is equally about creating shareholder value, which can only be sustained by well-informed strategic direction and...

Bangladesh\\\'s garment industry at the crossroads

the World Bank in a recent report | 2013-12-24 00:00:00

The garment industry in Bangladesh has come a long way from just 50 factories in the 1980s employing only a few thousand people to about 5,400 factories currently employing nearly 4.0 million people, mostly women. The ready-made garments (RMG) industry...

ICT gives rise to ‘me-too’ successes

Gultekin Binte Azad | 2013-12-24 00:00:00

On the eve of the 21st century we are heading towards a world which is entirely dependent on ICT. Scientifically, everyone knows that the world is sphere, however the world can still be considered as flat because of the blessings...

The \\\'feel good\\\' feel

M. A. Taslim | 2013-12-24 00:00:00

A common narrative of economic development of Bangladesh is that it has done remarkably well despite all natural and self-made catastrophes. A sustained increase in economic growth over the last two decades has helped to create such a view. The...

BD taking slow, steady steps in automobile manufacture

Shamsul Huda | 2013-12-24 00:00:00

After missing opportunities over the decades to become an automobile manufacturing country, Bangladesh is taking slow but steady steps in this direction, sources said. They said besides assembling and building bodies for buses and trucks, efforts are going on to...

Political unrest weighs on printing industry

Ismail Hossain | 2013-12-24 00:00:00

Country's printing industry has been experiencing a sluggish business over the last few months mainly due to the prevailing political unrest this is the peak season of the industry. According to printers, their overall business has registered nearly 60 per...

Big oil cos opting for unusual tactic for lobbying on Iran

Timothy Gardner and Andy Sullivan of Reuters from Washington | 2013-12-24 00:00:00

As debate rises in Washington over the first thaw in relations between Iran and the United States in decades, powerful oil companies are opting for an unusual tactic: silence. Oil companies such as Exxon Mobil Corp and ConocoPhillips could earn...

IBA, 14 DU depts to include CSR

Mohammad Ali | 2013-12-24 00:00:00

Corporate Social Responsibility (CSR) is going to be included in the academic course of the university level education for the first time in the history of Bangladesh. The initiative is expected to facilitate generation of workforce with clear understanding of...

A technique of evaluating FDI, joint ventures, mergers and negotiations

Md. Jamal Hossain | 2013-12-24 00:00:00

Competition in market is very much vital to generate robust market structure. But competition doesn't always come automatically; sometimes it comes from automatic response of competing entities and sometimes it is the direct result of conscious market design. The kind...

Govt all set to celebrate textbook festival across country on Jan 2

Khairul Islam | 2013-12-24 00:00:00

The government is all set to celebrate the countrywide 'textbook festival' on first working day of the upcoming calendar year despite adverse political situation that has been now prevailing in the country, related sources said. They said the authorities concerned...

Taxpayers\\\' response frustrates NBR

Doulot Akter Mala | 2013-12-24 00:00:00

The National Board of Revenue (NBR) is yet to get the desired response from the individual taxpayers though the expiry of the extended deadline for submission of income tax returns is only one week away. Following the poor submission of...

Furniture exporters demand 25 per cent cash incentive

Rezaul Karim | 2013-12-23 00:00:00

The Bangladesh Furniture Exporters Association (BFEA) has demanded cash incentives against its export items instead of duty drawback to boost their outbound business, industry sources said.   BFEA leaders recently met ministry of commerce secretary Mahbub Ahmed where they demanded 25...

Gold mortgage business thrives under cover of trade in jewellery

Badrul Ahsan | 2013-12-23 00:00:00

Jewellery shop owners in the city's Tanti Bazar and Shankari Bazar areas are engaged in 'unlawful' business of gold mortgage because of what they called the dearth of work. Shop owners said more than one hundred shops in the areas...

US studies unlock mystery of how HIV causes AIDS

Julie Steenhuysen of Reuters from Chicago | 2013-12-23 00:00:00

US scientists have discovered the basic mechanisms that allow HIV to wipe out the body's immune system and cause AIDS, which could lead to new approaches to treatment and research for a cure for the disease that affects 35 million...

Some banks use \\\'pressure tactics\\\' to sell policies of directors\\\' Ins cos

Syful Islam | 2013-12-23 00:00:00

Some banks are allegedly forcing borrowers into buying insurance coverage from the companies owned by their (the banks') directors, sources said. Recently, a group of businesspersons sought intervention of the Ministry of Finance (MoF), the Bangladesh Bank, and the Insurance...

Does the latest stance of PM offer any glimmer of hope?

Zaglul Ahmed Chowdhury | 2013-12-23 00:00:00

Prime Minister (PM) Sheikh Hasina made the other day a new proposal -- albeit somewhat ambiguously -- to help resolve the current state of the nation's perilous political situation when she expressed readiness to hold fresh polls for the 11th...

Business in 21st century: Crucial role of IT

Shariful Alam Bhuiyan | 2013-12-23 00:00:00

For any business, the decisions made by the management are responsible for its success or failure - these are the choices that either make or break a company. The managers decide on how to run the business, but taking these...

Money follows power

Neil Ray | 2013-12-23 00:00:00

So, politics and money-making are inseparable these days. Gone are the days when politics was a selfless vocation entirely dedicated to the cause of the land and its people. There was a time when scions of zamindar families, in total...

Should ACC be an onlooker?

Shamsul Huq Zahid | 2013-12-23 00:00:00

Bangladesh, undoubtedly, is a hotbed of corruption. It receives recognition annually from the global anti-graft body called the Transparency International (TI) in this connection. For past many years, the TI has been, unfailingly, placing Bangladesh among the most graft-ridden countries...

Production, supply chain in industries break down

Shah Alam Nur | 2013-12-22 00:00:00

The production and supply chain in most of the country's manufacturing industries have broken down due to frequent countrywide shutdowns and blockades, industry players said. They said many industries had to cut production by 75 per cent to avoid congestion...

Universal primary education and Bangladesh

Masum Billah | 2013-12-22 00:00:00

The concept of universal education dates back to 2000 when UNESCO hosted Dakar summit which was participated in by 180 countries. They committed to the simple but profound goal of achieving universal basic education by 2015. It actually involves entering...

Importance of uniform for students

Rabiul Islam | 2013-12-22 00:00:00

In Bangladesh usually school and college students are bound to wear uniform because of code of conduct of the school or college. Uniform has lot of importance though it is not always realised by the students. Uniform can play a...

JSC, JDC exam results unlikely on Dec 30

Khairul Islam | 2013-12-22 00:00:00

Publication of results of Junior School Certificate (JSC) and its equivalent examinations scheduled for December 30 has become uncertain amid frequent blockades and shutdowns sequel to the volatile political situation in the country. Sources in the education boards said the...