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The Financial Express

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Costs of fossil fuel import to weigh heavily on state coffer

Costs of fossil fuel import to weigh heavily on state coffer

M Azizur Rahman 2017-08-28 12:00:00

Bangladesh's dependency on import of fossil fuels is set to swell up significantly from early 2018 as the country, for the first time, is set to start importing 'expensive' LNG (liquefied natural gas)...

Doreen Power to invest  Tk 10b more in two plants

Doreen Power to invest Tk 10b more in two plants

Kamrun Nahar 2017-08-28 01:52:45

  Private power generation company Doreen Power Generation and Systems Ltd will invest another Tk 10 billion in two power plants to add a total of 400 megawatt (MW) electricity to the national g...

Policy support needed to ensure easy access to LP gas

Policy support needed to ensure easy access to LP gas

Ismail Hossain 2017-08-28 01:51:16

Mohammed Saidul Islam Government policy support is necessary for easier and safer use of liquefied petroleum (LP) gas by households, motor vehicles and industries to cope with the increasing demand f...

Importance of using right kind  of lubricants in power sector

Importance of using right kind of lubricants in power sector

Mohammed Yousuf and Mohammed Saifuddin 2017-08-28 01:48:59

Lubricants are a mixture of chemicals that are applied in machines to reduce the friction between moving surfaces. The use of vehicles, machines and equipment has become a part of our daily life. Any...

Generation capacity up, but challenges remain

Generation capacity up, but challenges remain

Special Correspondent 2017-08-28 01:46:25

Bangladesh's overall electricity generation has currently reached to around 9,000 megawatt (MW) riding mostly on 'expensive' oil-fired power plants as low-cost power plants continued to delay in comin...

LPG sector needs  more investment

LPG sector needs more investment

Mohammed Nurul Alam 2017-08-28 01:42:14

Mohammed Nurul Alam Liquefied Petroleum Gas (LPG) is a rapidly growing industry in Bangladesh. As a potential sector, we have seven major companies including BM Energy (BD) Ltd. The gap between dem...

Trend in renewable energy use in Bangladesh

Trend in renewable energy use in Bangladesh

Mehdi Musharraf Bhuiyan 2017-08-28 01:40:50

In the ancient Mediterranean, there was a famous city called Syracuse. Legend has it that when the Roman ships were attacking the place in 212 BC, one of the most gifted children of the city, named Ar...

GI protection: Branding is all

GI protection: Branding is all

Asjadul Kibria 2017-08-16 20:06:07

Bangladesh has received Geographical Indication (GI) tag for Hilsa fish with effect from August 01, 2017. It is the second GI product of the country after Jamdani saree. Some equate the GI tagging to...

Role of Judiciary in governance and the Social Contract

Role of Judiciary in governance and the Social Contract

Safwan Rob 2017-08-13 20:51:02

Will of the people in Bangladesh is continually being ignored. The 'flawed' election of January 05, 2014 has otherwise been a major weakness of the government on this count. This "might" have...

Iceland - the symbol of Financial Crisis

Iceland - the symbol of Financial Crisis

Muhammad Mahmood 2017-08-12 19:11:09

This is a sequel to my article on my visit to Iceland published last week.  One of the reasons for me to travel to Iceland was to get a better feel about how Iceland, the worst hit country by the Glob...

Unified test system to save on costs and time

Unified test system to save on costs and time

Masum Billah 2017-08-11 19:39:21

We have long heard of introduction of a 'unified' or 'cluster system' of admission test at our public universities. But no progress to that end has yet been discernible. In the absence...

Challenges over achievement of SDGs

Challenges over achievement of SDGs

Bazlul H. Khondker 2017-08-10 20:59:39

The Sustainable Development Goals (SDGs), which include 17 goals and 169 targets, are global and applicable to all countries. It covers every aspect of a society and leaves no one behind. All of them...

Inland waterways-borne sub-regional trade - a work in progress

Inland waterways-borne sub-regional trade - a work in progress

Asjadul Kibria 2017-08-09 18:27:11

Consolidation of the Bangladesh-Bhutan-India-Nepal (BBIN) sub-regional cooperation has been under process for the last couple of years. The Motor Vehicle Agreement (MVA) signed by the four countries c...

The new monetary policy: An appraisal

The new monetary policy: An appraisal

Hasnat Abdul Hye 2017-08-08 20:46:37

With a higher growth rate (even if by a whisker) than last fiscal (7.5 per cent as against 7.4 per cent) announced in the budget for 2017-2018 and inflation reasonably under control at 5.5 per cent th...

New buses for Dhaka - a few questions

New buses for Dhaka - a few questions

Asjadul Kibria 2017-08-01 20:42:37

Dhaka city commuters are likely to get about 4,000 new buses in near future. Both the Road Transport and Bridge Minister Obaidul Quader and Mayor of the Dhaka North City Corporation (DNCC) Annisul Huq...

Protectionism - the most dominant trend around the world

Protectionism - the most dominant trend around the world

Muhammad Mahmood 2017-07-29 19:08:35

Global trade has been slowing down since 2008 following the Global Financial Crisis (GFC) and will likely to continue so in 2017 also.  Almost 30 years preceding the GFC global trade recorded an annua...

Bangladesh black money in Swiss banks--a reality check

Bangladesh black money in Swiss banks--a reality check

Syed Ashraf Ali 2017-07-27 20:08:08

The Zurich-based Swiss National Bank (SNB) recently published the data on money held in Swiss banks by foreign clients. According to that report, the total money held in Swiss banks by all their forei...

Gerber Technology in RMG,  textile advancement

Gerber Technology in RMG, textile advancement

-- 2017-07-27 00:00:00

Gerber Technology has been helping companies around the world for nearly half a century to develop, manufacture and take their products to the market smarter, faster and more efficiently. Today, th...

Impact of corruption in the financial market of Bangladesh

Impact of corruption in the financial market of Bangladesh

Helal Uddin Ahmed 2017-07-22 20:28:41

Black money has been dominating the economies of South Asia for a long time and its dominance in Bangladesh has increased in recent years. A study on the subject by researchers at the Bangladesh Insti...

Export setback calls for trade policy review

Export setback calls for trade policy review

-- 2017-07-10 19:56:04

Earnings from the country's exports suffered a big setback in the just-concluded fiscal year (FY17). Export earnings registered a modest 1.72 per cent growth in the past fiscal year which was the...

Seizing booming global trade in electronics

Seizing booming global trade in electronics

M Rokonuzzaman 2017-06-28 21:13:41

Bangladesh did not have a thriving electronics industry decades ago. Only in 1980s, the country used to observe a few operations assembling televisions of foreign brands only for local consumption. In...

Graduates, jobs, taxes and debt

Graduates, jobs, taxes and debt

M Rokonuzzaman 2017-06-21 21:05:25

The proposed FY 18 Budget will increase tax burden on the middle-income families. On the other hand, the debt service burden of the government would be growing. In order to deal with the growing debt...

Drivers of economic growth in South Asian

Drivers of economic growth in South Asian

Selim Raihan, Md. Jillur Rahman & Mahtab Uddin 2017-06-10 20:09:21

In recent years, South Asia has become the fastest growing region in the world. According to the Asian Development Bank's Outlook of 2017, the impressive growth performance of South Asia is, in fa...

The new VAT regime: An appraisal

The new VAT regime: An appraisal

Muhammad Mahmood 2017-06-10 19:58:58

The Bangladesh budget, 2017-18 has set a uniform rate of value added tax (VAT) at 15 per cent. The finance minister also foreshadowed that this rate would remain in place for the next three years thus...

Middle East turmoil takes new turn

Middle East turmoil takes new turn

Mohammad Amjad Hossain 2017-06-09 19:44:11

The Middle East has been burning for the last six years because of civil war in Syria while Iraq is struggling to get rid of ISIS from its territory in collaboration with the US and Iran as well. Now...

Should China be ejected from the SDR?

Should China be ejected from the SDR?

Benjamin J. Cohen 2017-06-02 21:07:03

Last week, the Chinese government tightened its grip on the renminbi's exchange rate. China has now effectively reneged on a promise it made 18 months ago, when it lobbied its way into the basket...

What is behind the \"Fake News\"?

What is behind the \"Fake News\"?

K.B. Ahmed 2017-06-02 20:54:06

People all around the world are overwhelmed with "Fake News" or with the claims of "Fake News". It could, however, be a well-planned strategy by anyone who needed to hide his predicaments by disqualif...

LFS raises many questions

LFS raises many questions

Asjadul Kibria 2017-05-31 20:28:11

The country has already entered the territory of 7-plus annual economic growth rate. But commensurate employment creation has not taken place. The Bangladesh Bureau of Statistics (BBS) has released t...

Has Bangladesh entered a period of jobless growth?

Has Bangladesh entered a period of jobless growth?

Rizwanul Islam 2017-05-31 20:22:30

The much-awaited results of the Labour Force Survey (LFS) of 2015-16, released on  May 28, hardly provide any reason to cheer about. For the economy as a whole, a total of 1.4 million new jobs are rep...

The VAT debate: More heat than light

The VAT debate: More heat than light

Wahiduddin Mahmud 2017-05-27 20:59:09

The discussions on the upcoming budget continue to be bogged down in the controversy over the introduction of the new Value Added Tax (VAT) law. Unfortunately, the fierce debates on this issue over th...