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Consumer credits vs. waiting periods: Macroeconomic effect

Md Jamal Hossain | 2013-09-29 00:00:00

The concept of 'waiting period' is as old as the concept of savings in economics. In the past, when credit mechanism was not so widespread, people had to calculate 'waiting periods' in consuming some goods and services, especially consumer durables...

Syrian crisis, great powers and gunboat diplomacy

Md. Abdullah Al Mamun | 2013-09-29 00:00:00

The wave of Arab Spring has shaken Syria like other countries in the region. The Syrian crisis is something more than a civil war. It involves deep-rooted regional and international politics. The five Permanent Members of the United Nations Security...

Pilfering medicines from public hospitals

Khalilur Rahman | 2013-09-29 00:00:00

Last week, a private television channel broadcast live an episode on how organised groups of employees at the Orthopaedic Hospital, popularly known as Pangu Hospital in the city, are engaged in pilfering medicines, gauge, bandages, disposable syringes, etc., from this...

Protecting our water bodies

Ziaul Haque Howlader | 2013-09-27 00:00:00

Water is essential for human life. At the present global phenomenon of tourism, water is the main focus for the development of eco-tourism, riverine tourism, adventurous tourism and so on. Some countries are famous for water based tourism activities like...

When drivers could not care less

Nilratan Halder | 2013-09-27 00:00:00

The picture of her blank look says it all. She is Nusrat Samia aged five, a nursery student of a school at Shantinagar. The little one has become speechless. When her two elder brothers and other near and dear ones...

Demutualisation scheme gets final BSEC nod

Mohammad Mufazzal | 2013-09-27 00:00:00

The securities regulator gave Thursday its final approval to the stock exchange demutualisation scheme with the provision of appointing the majority number of independent directors in the 13-member board structure of each of the bourses.      The move comes following long...

Attaining the unfulfilled MDGs

Shamsul Alam | 2013-09-26 00:00:00

United Nations Resident Coordinator in Bangladesh, Mr. Neal Walker, has said, "The world really needs an articulate Bangladeshi voice, a strong but concise statement on what is relevant for the nation and consequently, for the world's least developed countries." Bangladesh...

Whither rural business enterprises?

Abdul Bayes | 2013-09-26 00:00:00

Trade and business enterprises account for one-fifth of the rural non-farm employment and nearly half of the income is generated from business firms. Also, a large proportion of workers reporting non-farm labour as primary occupation are employed as wage labourers...

Draft Formalin Control Law-2013 to be placed before cabinet soon

Talha Bin Habib | 2013-09-26 00:00:00

Talha Bin Habib The draft Formalin Control Law-2013 will be placed before the cabinet shortly with a provision to award stringent punishment for indiscriminate use of the toxic chemical with foodstuffs.     "We have prepared the draft of the law and...

Relocation process of city tanneries sets slow pace

Ismail Hossain | 2013-09-26 00:00:00

The process of relocating tanneries from the city's Hazaribagh area to the Savar Tannery Estate is not progressing as expected, as the tannery owners are still dilly-dallying to move there. According to the Savar Tannery Estate office, only one tannery...

Whither rural business enterprises?

Abdul Bayes | 2013-09-26 00:00:00

Trade and business enterprises account for one-fifth of the rural non-farm employment and nearly half of the income is generated from business firms. Also, a large proportion of workers reporting non-farm labour as primary occupation are employed as wage labourers...

German elections: Merkel creates history

Zaglul Ahmed Chowdhury | 2013-09-26 00:00:00

The victory of German Chancellor Angela Merkel in the hard-fought national elections has not come as a surprise. She has narrowly fallen short of the absolute majority. But Merkel has carved out a niche for herself in the post-war German...

What should be the minimum wage for RMG workers?

Abul Basher | 2013-09-26 00:00:00

What should be the minimum wage for the ready-made garment (RMG) workers? The answer depends on what kind of society we intend to be. The level of minimum wage can be translated into how much we care for the toiling...

Financial Reporting Act: ICAB versus FRC

Md Enamul H Choudhury | 2013-09-26 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB), which enjoys a legal status for the last 40 years, has by now become the most competent institution to regulate the professional financial management, accounting and audit/assurance services in the country. After...

Of fake doctors, tall medical degrees and patients\\\' safety

Shamsul Huq Zahid | 2013-09-26 00:00:00

An individual (identity is not mentioned here, deliberately) used to work as a watch repairman even four years back. But he now uses the word 'doctor' before his name claiming himself to be a specialist surgeon. And to make his...

Will India remember Manmohan Singh?

Mamun Rashid writes from New Delhi, India | 2013-09-26 00:00:00

I met Dr. Manmohan Singh once and that too was possibly for less than a minute. When I introduced myself being from Bangladesh at a regional summit several years ago, the reformist finance minister of India said a few words...

Multi-modal transport hub project yet to start for lack of initiatives

Munima Sultana | 2013-09-26 00:00:00

The government is yet to take sufficient initiatives to set up a 'multi-modal transport hub' opposite Hazrat Shahjalal International Airport in the capital as recommended by experts. The project is expected to facilitate movement of air and railway passengers, and...

B’desh to request FATF to exclude it from \\\'grey list\\\'

Doulot Akter Mala | 2013-09-26 00:00:00

Bangladesh is set to request the Financial Action Task Force (FATF) to exclude it from the 'grey list.' The request will be made, in consideration of the country's current state of compliance with all of the core recommendations.   The government...

Flight chaos as Hong Kong hunkers down for major typhoon

Chinese passengers wait to check in for their flights at Hong Kong airport Sunday as Typhoon Usagi approaches. | 2013-09-26 00:00:00

HONG KONG, Sept 22 (agencies): Severe Typhoon Usagi barrelled towards Hong Kong  Sunday, shutting down one of the world's busiest sea ports and throwing flight schedules into disarray from Europe to the United States. Usagi packed winds of 165 kilometres...

Investors hit the jackpot of IPOs

Raihan M Chowdhury and Babul Barman | 2013-09-26 00:00:00

Bangladesh primary equity market subscribed around Tk 50 billion against demand offer of Tk 5.73 billion in the last nine months in 2013, showing the primary stock market is attracting the investors profusely. Analysts attributed the revival of the booming...

Appeals under tax laws need fair judgement

Akhter Zamil in the first of a two-part write-up on disposal of tax disputes | 2013-09-26 00:00:00

The right to appeal by an aggrieved person has been given in the Income Tax Ordinance 1984 under Chapter XIX against Appellate Commissioner and Commissioner (Appeal) under section 153 to 156 and sections 158 to 159 related to Appellate Tribunal...

Stocks of listed banks fail to attract investors

Mohammad Mufazzal | 2013-09-26 00:00:00

The share prices of a couple of listed banks in the stock market have gone down below their face value although the trading prices of some other listed companies, having small capital base and weak fundamentals, have recently observed unusual...

Economic thinking precedes political choices

Sulav Chowdhury | 2013-09-26 00:00:00

With the state of things currently prevailing in the country's political scene, every conscious citizen tends to get baffled by the sequences of events stemming mostly from narrow, ego-centric stances that seem to essentially characterise the political culture of the...

Tourism still neglected in Bangladesh

Shahana Bilkis | 2013-09-26 00:00:00

We are living in an era of globalisation and this has led tourism to be one of the fastest growing and ever-expanding industries. It is a labour-intensive industry that creates thousands of jobs every year across the world. Tourism also...

Better audit: Way forward

Waliul Huq Khandker | 2013-09-26 00:00:00

Very often government offices and autonomous organisations express their reservations about the quality of audit done by audit parties coming from different Audit Directorates of the government. Similarly, adverse comments like inadequate preparation for audit and incomplete or no response...

WB review mission arrives in city tomorrow

Munima Sultana | 2013-09-26 00:00:00

A World Bank (WB) mission is going to arrive in the city tomorrow (Sunday) to review a number of projects. The projects to be reviewed include a bus rapid transit (BRT) project to introduce a mass transportation system in the...

Sub-contracting RMG units forced to ignore compliance issues

Syful Islam | 2013-09-26 00:00:00

The country's sub-contracting ready-made garment (RMG) factories hardly get more than half of the cutting and making (CM) charges, which the main exporters receive from the buyers. With their paltry earning these units are struggling hard for survival and thus...

Martin Bormanns are not dead

Khalilur Rahman | 2011-12-21 00:00:00

Khalilur RahmanMartin Bormann was a powerful civil bureaucrat who, as a private secretary to Adolf Hitler, Dictator of German Reich had wielded enormous authority on the administration during the whole period of Second World War. He could do it because...

Martin Bormanns are not dead

Khalilur Rahman | 2011-12-21 00:00:00

Khalilur RahmanMartin Bormann was a powerful civil bureaucrat who, as a private secretary to Adolf Hitler, Dictator of German Reich had wielded enormous authority on the administration during the whole period of Second World War. He could do it because...

Martin Bormanns are not dead

Khalilur Rahman | 2011-12-21 00:00:00

Khalilur RahmanMartin Bormann was a powerful civil bureaucrat who, as a private secretary to Adolf Hitler, Dictator of German Reich had wielded enormous authority on the administration during the whole period of Second World War. He could do it because...