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The Financial Express

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Africa\'s stake in Brexit

Africa\'s stake in Brexit

Carlos Lopes 2017-06-14 21:26:46

As Britain focuses on what its relationship with the European Union (EU) might look like once it leaves the bloc, sometime during 2019, the rest of the world is already girding for the post-Brexit era...

US pullout from Paris Climate deal affects Bangladesh

US pullout from Paris Climate deal affects Bangladesh

Sarwar Md. Saifullah Khaled 2017-06-14 21:25:01

Recently, US President Donald Trump declared that his country would pullout from the Paris Agreement under the UN Framework Convention on Climate Change after striking a major blow to international ef...

Growth with equity: The budget for 2017-2018

Growth with equity: The budget for 2017-2018

-- 2017-06-12 19:40:39

A budget can be analysed to find fault with or for appreciation from many perspectives ranging from balancing income and expenditures and implementation capacity of the government. This write-up exami...

Bangladesh poised to reap the OBOR potential

Bangladesh poised to reap the OBOR potential

Muhammad Zamir 2017-06-11 19:24:04

Over the last two thousand years China has   enriched human civilisation with its innovative ideas. The latest example is President Xi Jinping's introduction of the Belt and Road Initiative in 201...

The celebration of life: Memories last by sharing them

The celebration of life: Memories last by sharing them

Aeman T Rasul 2017-06-10 20:41:57

We remember Azimuddin Ahmed, our uncle on his 2nd death anniversary on June 11, 2017, by paying tribute to his departed soul. Time really does fly. It was just like the other day when we were all havi...

Drawing up strategy to reduce non-performing loans

Drawing up strategy to reduce non-performing loans

Sajib Azad 2017-06-10 20:40:38

Let us start with some numbers that give shape to the issue of non-performing loans (NPLs):  As per data from the Bangladesh Bank (BB), the volume of non-performing loans (NPLs) jumped by more than 2...

China pavilion features green Silk Road

China pavilion features green Silk Road

Zhao Cheng, Zhou Hanbo and Xie Yahong 2017-06-10 20:35:47

The Astana Expo 2017 has now kicked off. The China pavilion there would the nation's concepts and visions for the development of future energy, said Wang Jinzhen, deputy director of the organizing...

Bangladesh cinema: Keeping up the tempo of revival

Bangladesh cinema: Keeping up the tempo of revival

Shihab Sarkar 2017-06-08 18:18:11

The number of feature films now being made and released in the country a year stand nowhere near the quantity witnessed in their glory days. Compared to the filmdom's activity at present, that of...

Disquieting aberration: Anglo-Saxons under stress?

Disquieting aberration: Anglo-Saxons under stress?

Imtiaz A. Hussain 2017-06-08 18:08:49

Modern history has partly been shaped and written by Anglo-Saxons. Two of its world leaders were Anglo-Saxons, and if we add race and religion to this ethnic group/nationality, as in 'white, Anglo...

UK goes to a snap election today: Brexit mess

UK goes to a snap election today: Brexit mess

Dan Steinbock 2017-06-07 18:45:57

Like too many times before, British police declared a "major incident" on London Bridge after a van reportedly hit multiple pedestrians.  The terrorist incident took place only days before a critical...

Public procurement contributes to national development

Public procurement contributes to national development

Md. Abu Sayed Siddique 2017-06-06 12:00:00

Procurement is a key economic and political activity of the government. In general term, any procurement that is done by the public money or to be more specific, by the money from the public exchequer...

The truncated new VAT law and exports

The truncated new VAT law and exports

-- 2017-06-05 20:23:22

So the waiting and uncertainty is over. The new Value Added Tax (VAT) Law now goes into effect. For all domestic economic activities (with some exemption), there is a uniform VAT rate of 15 per cent....

Preventing AIDS in children

Preventing AIDS in children

S. M. Rayhanul Islam 2017-06-01 21:14:34

Despite enormous progress, the AIDS epidemic remains one of the major critical issues of our time. The situation is dire for children - especially for adolescent girls. AIDS is a leading cause of deat...

High-tech park: Nucleus of innovation ecosystem

High-tech park: Nucleus of innovation ecosystem

M. Rokonuzzaman 2017-05-31 21:05:47

Innovation is one of the major drivers for economic growth. It is about developing ideas for offering new products, or improving upon the processes in producing them. These ideas are usually based aro...

In defence of growth

In defence of growth

Mirza Azizul Islam 2017-05-30 19:48:51

The focus on acceleration of growth, specifically growth of gross domestic product (GDP), has come under serious attack by many eminent economists as well as politicians and civil society organisation...

Will the new VAT rate lead to large price increase?

Will the new VAT rate lead to large price increase?

-- 2017-05-29 21:46:17

A major concern with indirect tax reform (e.g., VAT and sales tax, etc.) is the potential impact on prices faced by the consumers. Expansion of tax base and rate usually have two impacts: (i) increase...

Overcoming the low tax trap

Overcoming the low tax trap

Bazlul Khondker and Abu Eusuf 2017-05-28 20:43:13

Bangladesh is set to introduce the new value-added tax (VAT) system from July 01, 2017 known as the VAT and the Supplementary Duty ACT, 2012. This reform has been considered necessary to raise revenue...

Trade deficit: What is it all about?

Trade deficit: What is it all about?

Muhammad Mahmood 2017-05-27 21:19:18

There is a general perception that a trade deficit or, more precisely, a current account deficit is harmful to a country and quite often such a view is also reinforced by the media and politicians. Th...

Why Nazrul stands out in a Bengali milieu, in style

Why Nazrul stands out in a Bengali milieu, in style

Shihab Sarkar 2017-05-25 21:20:55

The 118th birthday of Kazi Nazrul Islam was observed yesterday, May 25. The genius of Kazi Nazrul Islam, lovingly called the Rebel Poet, has indisputably proved extraordinary. Comparing the poet with...

The White House under seize

The White House under seize

Abdur Rahman Chowdhury from Virginia, USA 2017-05-24 19:06:47

The day President Donald Trump moved into the White House he declared a war against the mainstream media, including The New York Times, The Washington Post, CNN and MSNBC. What prompted Trump to take...

Transforming agriculture for inclusive growth

Transforming agriculture for inclusive growth

Mohammed Parvez Imdad 2017-05-23 21:10:40

While attending the Gusi Peace Prize award at the Manila International Convention Centre in 2015, I noticed a farmer from the Philippines Ms. Susana introduced herself to Mr. Shykh Seraj the agricultu...

The imperative for national statistical agency

The imperative for national statistical agency

-- 2017-05-22 20:11:43

By all accounts Bangladesh has done very well in increasing per capita income, reducing poverty, strengthening human development and enhancing gender empowerment. This progress was particularly striki...

BCIM-EC in hibernation while Gwador deep sea port nearing completion

BCIM-EC in hibernation while Gwador deep sea port nearing completion

Sayed Kamaluddin 2017-05-21 20:24:57

The Bangladesh-China-India-Myanmar Forum for Regional Cooperation (BCIM) Economic Corridor (BCIM-EC) was first mooted in 1999, much before the Belt and Road Initiative (BRI) was launched by China and...

World Metrology Day: Measurements for transports

World Metrology Day: Measurements for transports

Md. Abu Abdullah 2017-05-19 21:58:15

World Metrology Day has become an annual celebration since the Meter Convention was signed by representatives of seventeen countries on May 20, 1875. The convention set the framework for international...

Accreditation in achieving SDGs

Accreditation in achieving SDGs

Md Abu Abdullah 2017-05-17 20:06:12

Accreditation is an attestation of the competence and impartiality of conformity assessment bodies to carry out specific conformity assessment tasks. These bodies include but are not limited to calibr...

WannaCry - The cyberattack rocking the globe

WannaCry - The cyberattack rocking the globe

Prabeer Sarkar 2017-05-17 12:39:52

It could very well have been a blockbuster Hollywood movie script. Only it isn't. It's real and it's happening to us today. Since May 12th, a Ransomware dubbed WannaCry is the ongoing sen...

Improving standard of banking practice

Improving standard of banking practice

Nironjan Roy 2017-05-16 19:29:04

In our banking industry, directors are elected on the basis of their own large number of shares or influence by their close relatives. So the Board of Directors is always represented by the majority s...

What banks need most from their directors

What banks need most from their directors

Nironjan Roy 2017-05-15 20:43:15

It is learnt from newspapers that the government is going to amend the Banking Companies Act 1991. The cabinet division has approved the draft of the Banking Companies (Amendment) Act 2017. The Bankin...

New challenges to democracy

New challenges to democracy

K B Ahmed 2017-05-15 20:30:18

Essentially in any form of governance, consequential decision of public policies requires consultation and at times public hearing before finalisation. Governance in its institutional form is a comple...

Sigh of relief as sanity prevails in France

Sigh of relief as sanity prevails in France

Muhammad Zamir 2017-05-14 21:14:37

At 39, Centrist candidate Emmanuel Macron, a former banker and a political newcomer has decisively won the French presidential election, defeating far-right candidate Marine Le Pen. By doing so he has...