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The Financial Express

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Covid-19 vaccine: Hope and reality   

Covid-19 vaccine: Hope and reality  

Shamsul Huq Zahid    2020-05-17 21:18:02

The world is eagerly waiting for an effective vaccine against novel coronavirus that has been wreaking havoc for the past three months. Though the peoples across world got disheartened, to some exten...

Covid-19 and trade after Brexit: Moving into uncharted waters

Covid-19 and trade after Brexit: Moving into uncharted waters

Muhammad Mahmood   2020-05-16 21:25:11

The UK's exit (Brexit)  from the European Union (EU) is to be seen from a wider context of the UK economy's incomplete recovery from the 2007-08 global financial crisis (GFC) and the aftereffects...

Reforming tobacco tax to counter the misery of Covid-19

Reforming tobacco tax to counter the misery of Covid-19

Mahfuz Kabir 2020-05-13 21:42:49

At this time of unprecedented human misery all over the globe, there is the crucial need to bring changes in our lifestyle. With the corona pandemic sweeping across countries, tobacco use has again co...

Whether children are forgotten in pandemic chaos

Whether children are forgotten in pandemic chaos

Esther Indriani 2020-05-10 21:10:25

Across developing Asian, Covid-19 is a gigantic nemesis that can paralyse their already frail and inadequately prepared health system. Overcrowded health facilities combined with shortage of personal...

An exceptional memoir with rich literary flavour

An exceptional memoir with rich literary flavour

Helal Uddin Ahmed 2020-05-07 21:38:25

Dr Tawfiq-e-Elahi Chowdhury Bir Bikram was one of the key organisers of the oath-taking ceremony of Bangladesh Government-in-Exile at Boidyanathtala (later renamed Mujibnagar) under the then Meherpur...

Can BPC take market advantage to build a good oil reserve?

Can BPC take market advantage to build a good oil reserve?

Mushfiqur Rahman 2020-05-06 21:37:30

Bangladesh Petroleum Corporation (BPC) has been trying to procure and store at least 10 days' reserve for petroleum products (estimated 0.11 million tonnes) taking the advantage of the 'very low' inte...

The toll of coronavirus on our exports

The toll of coronavirus on our exports

Syed Basher and Pooja Agnes Gomes     2020-05-04 21:49:06

During the lockdown, it has become a habit to check Bangladesh Garments Manufacturers and Exporters Association or BGMEA's website daily. BGMEA has been reporting some vital statistics about the imp...

How to develop a Covid-19 vaccine for All

How to develop a Covid-19 vaccine for All

Mariana Mazzucato and Els Torreele 2020-04-30 21:44:56

In the early weeks of 2020, it started to dawn on people that COVID-19 could be the long-dreaded but expected "Disease X" - a global pandemic caused by an unknown virus. Three months later, the majori...

Turning to fellow humans in crisis   

Turning to fellow humans in crisis  

Shihab Sarkar 2020-04-30 21:33:09

In contrast to Hamlet's paean for man in one of his soliloquies, humans possess a complex character which baffles many. To them, man remains largely indecipherable. As they view it, it is during gre...

Of 'easing' shutdown order and Eid shopping

Of 'easing' shutdown order and Eid shopping

Shihab Sarkar 2020-04-27 21:21:37

Apart from the many forebodings creeping into the sensible city people's mind at the moment, lots of other ominous thoughts continue to haunt them. A dominant one among them is the slow easing of th...

Commitments of the West

Commitments of the West

Sifat I Ishty 2020-04-25 21:59:11

Conventionally, the Western world has been highly regarded for upholding democratic values and for being at the forefront of labour and human rights movement. Nevertheless, on certain occasions, t...

A global perspective on Covid-19 pandemic

A global perspective on Covid-19 pandemic

Muhammad Mahmood   2020-04-25 21:56:54

The outbreak of Covid-19 that began in Wuhan in China in December last year has now turned into a pandemic. Now more than 180 countries have confirmed  cases of the virus. Most of us have not e...

Looking to a new era after clouds are gone

Looking to a new era after clouds are gone

Shihab Sarkar   2020-04-23 21:37:25

A time spent without any fruitful work is considered sheer waste of time. Nature has never had a mechanism to bring back a certain period of lost time --- especially misspent time. Many a golden chu...

Necessity of income-contingent higher education loan in Bangladesh

Necessity of income-contingent higher education loan in Bangladesh

Syed Hasan 2020-04-22 21:04:55

Bangladesh is growing rapidly - at one of the fastest rates in the world. The country's rapid progress, among others, will lead to a rapid rise in the demand for university graduates and consequently...

Reducing social distancing effects on the Bangladesh economy

Reducing social distancing effects on the Bangladesh economy

Aparna Howlader and Naima Farah   2020-04-20 21:48:02

In the last couple of months, unparalleled to any past events, economic and social impacts of the Covid-19 outbreak have become the main topic of global discussion. The pandemic, originated in Wuhan,...

FINTECH - in the context of Bangladesh

FINTECH - in the context of Bangladesh

Rezaul Hossain 2020-04-19 21:07:53

By the end of 2020, at least 20 billion devices along with more than 5 billion people and businesses will be integrated through digital technology. Digital Financial Service (DFS) promises extensive d...

Anatomy of the coronavirus collapse

Anatomy of the coronavirus collapse

Eswar Prasad and Ethan Wu in Ithaca, New York, USA   2020-04-18 20:33:27

The world economy is on the precipice of its worst crisis since World War II. As the newly updated Brookings-FT TIGER (Tracking Indexes for the Global Economic Recovery) makes clear, economic activi...

  The global economy in 2020: Grim outlook

  The global economy in 2020: Grim outlook

Muhammad Mahmood   2020-04-18 20:19:04

The International Monetary Fund (IMF) published its World Economic Outlook for 2020 and 2021 last Tuesday (April 14). Amid the Covid-19 pandemic and  the  world currently looking like some...

US coronavirus outlook: The virus pervades urban and suburban areas

US coronavirus outlook: The virus pervades urban and suburban areas

-- 2020-04-17 20:49:47

Since the beginning of February coronavirus has been spreading astonishingly throughout the United States. The governments at the federal as well as in the states level were at first unprepared and co...

In search of ventilators: Policy considerations

In search of ventilators: Policy considerations

M. Rokonuzzaman 2020-04-15 21:08:22

To fight the Covid-19 pandemic, we need several gears starting from hand sanitisers, surgical masks to hand gloves. In taking care of infected patients, healthcare workers require personal protectiv...

Hegemony shift in times of Covid-19

Hegemony shift in times of Covid-19

Manuel Manonelles in Barcelona, Spain 2020-04-13 21:59:19

We have long speculated on the moment when the shift of global leadership from the United States to China would take place. From Washington to Beijing for the political power, from New York to Shangha...

Ecological devastation and poverty: Lessons from Covid-19

Ecological devastation and poverty: Lessons from Covid-19

Zubayer Hossen   2020-04-12 21:20:33

There is no denying that Bangladesh has made significant progress in reducing poverty. The moderate poverty rate has reduced to 24.3 per cent in 2016-17 from 58.8 per cent in 1991-92, while the extr...

Covid-19 stimulus packages: Protecting jobs

Covid-19 stimulus packages: Protecting jobs

Ferdaus Ara Begum 2020-04-12 21:19:14

After the outbreak of the Covid-19, different countries, based on their capabilities, have announced stimulus packages. Bangladesh has opted for credit expansion policy and Prime Minister Sheikh Has...

Nuclear options: Rescuing Wall Street and the economy

Nuclear options: Rescuing Wall Street and the economy

Abdullah A Dewan from Michigan, USA   2020-04-12 21:12:10

In my April 08 piece in the Financial Express "Wall Street and the American Economy", I noted that skewed risk taking and over leveraged bets primarily contributed to the meltdown in mortgage-backed s...

Extensive tests: food relief: food production: curbing corruption

Extensive tests: food relief: food production: curbing corruption

Qazi Kholiquzzaman Ahmad   2020-04-11 21:41:21

The Covid-19 cases have started to rise fast in Bangladesh, indicating an unsavoury prospect. The Government of Bangladesh is rightly increasing the number of tests for coronavirus, which is an abso...

COVID-19: Economic perils and the next budget

COVID-19: Economic perils and the next budget

Bazlul Haque Khondker   2020-04-08 20:55:05

The year 2020 began with doubts whether it would be possible to sustain socio-economic advancements attained during the last few years. The reason is the depressing state of major indicators such as...

Climate emergency must build a  resilient and sustainable future

Climate emergency must build a resilient and sustainable future

Armida Salsiah Alisjahbana 2020-04-08 20:52:24

The unprecedented public health emergency triggered by the Covid-19 pandemic and its multi-faceted impact on people's lives around the world is taking a heavy toll on Asia and the Pacific. Countries...

Simplifying VAT system   

Simplifying VAT system  

Md. Abdur Rouf   2020-04-06 21:59:08

In the Preamble of the VAT and SD Act 2012, four objectives have been stipulated. Those are (1) expansion of the base for imposition of Value Added Tax (VAT), Supplementary Duty (SD) and Turnover Tax...

Psychological well-being: A challenge in Covid-19 regime

Psychological well-being: A challenge in Covid-19 regime

Pinki Shah 2020-04-06 21:13:25

The lockdown following the sudden outbreak of corona virus (Covid-19) has transformed people from being social to isolated human beings as a means of combating the pandemic. The effects of the pandemi...

Restoring snapped supply chains: Diversification or nationalisation?

Restoring snapped supply chains: Diversification or nationalisation?

Imtiaz A. Hussain 2020-04-06 21:07:21

An emergent million-dollar Covid-19 question: should the supply chains snapped by the outbreak, lockdowns, and quarantines be restored or replaced, given the climbing breakdown costs? With its dominan...