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Today: Sunday, 05 2010
     
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..:: Print line & Contents ::..    

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..:: FROM THE EDITOR ::..    
Prime minister Sheikh Hasina urged the countrymen to join struggle to build Sonar Bangla .She called upon the countrymen to march forward with bold steps in the struggle to build a Sonar Bangla (golden Bengal) as dreamt by Bangabandhu by turning the grief of the eternal loss of the Father of the Nation into strength.  ....Details
 
..:: FEATURE ::..    
Portrait of a patriot
Bangabandhu Sheikh Mujibur Rahman was born on March 17, 1920 at Tungipara in the then Faridpur district. Despite the fact that he was an extraordinary political leader who had spent more than twelve years in jail for articulating the legitimate grievances of his people against the then Pakistani ruling elite, he became a victim of a brutal massacre on August 15, 1975 ....Details
 
..:: ESSAYS AND OBSERVATIONS ::..    

World economy needs balancing, but how?

David Dapice

Not so long ago, it looked as if the US was getting over its propensity to run unsustainable trade deficits and the world economy could move to "rebalancing" –  meaning that its growth did not depend on unsustainable debt growth in any major member. After a promising start in rebalancing, the world once again faces the danger of keeling over because of the debt crisis in Europe.
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..:: Adaptation is the best strategy for Bangladesh to face climate change ::..    
Yousuf Jamil
Bangladesh has been the victim of catastrophic natural calamities and disasters like cyclones, flooding, desertification, salinization, soil impoverishment and arsenic contamination of ground water. Certainly, there have been severe impacts of global warming and climate change on Bangladesh.  ....Details
 
..:: A prudent policy for growth ::..    
Mamun Rashid
Through monetary policy the central bank of a country controls supply, availability and cost of money so as to achieve optimum economic growth while maintaining price stability. Monetary policy is relatively flexible: immediate changes can be made in response to shocks, as opposed to fiscal policy, which takes longer time to manage and implement.  ....Details
 
..:: July-Dec MPS and inflation gini ::..    
Dr Zaidi Sattar
For all its faults, few can question the latest Monetary Policy Statement (MPS) of the Bangladesh Bank (BB) for lack of consultations. BB must be credited with establishing at least two fine traditions worth upholding. First, these bi-annual MPS have been announced on time with unfailing regularity since its inception some three years ago. It clearly adds to the atmosphere of policy certainty, a plus for businesses and investors.  ....Details
 
..:: Debt financed development cannot be sustainable ::..    
M Shamsul Haque
A few months back credit agencies from the western world gave Bangladesh higher rating of economic stability. They normally consider certain macroeconomic indicators of a country, such as growth rate, export performance, inflation, budget deficits and foreign exchange reserve data to construct such ratings.  ....Details
 
..:: RMG sector: Challenges versus portunities ::..    
M Shahidul Islam
The raging controversy over wage hike in the readymade garments (RMG) sector continues. This is happening at a time when the industrial structure in China, the world's largest exporter of apparel products and one of the major competitors of Bangladesh, is undergoing rapid transformations.  ....Details
 
..:: Looking northeast ::..    
Harun ur Rashid
Former Indian union minister and Congress MP Mani Shankar Aiyar came for a four-day visit to Dhaka. He was accompanied by a 21-member delegation of industrial leaders from the northeast. He met Prime Minister Sheikh Hasina on July13.  ....Details
 
..:: Fuelling power generation ::..    
Shamsul Islam
Efforts are being made to minimise the suffering of electricity consumers through quick increase in generating capacity both in private and in public sector. This is a laudable effort. Investments and continuation of essential industrial production cannot be expected if adequate electricity supply at a reasonable price cannot be ensured. The country is investing a huge amount of resources to that end.  ....Details
 
..:: Amendments to Income Tax Ordinance: Some observations ::..    
M A Baree
The government has brought about a massive change in income tax measures in fiscal 2010-11 for merely raising tax collection. Among such changes, the major ones are aimed at collecting more advance tax, the target of which is more than 50% of the budgeted Tk 210 billion as income tax. A total of 39 major sectors have been selected for advance tax collection and from contractors' and sub-contractors' bill. The National Board of Revenue (NBR) targeted Tk 31.74 billion tax at source where the rate of deduction has been raised by 25% in this sector. ....Details
 
..:: The food grain conundrum ::..    
M Abdul Latif Mondal
Food grains generally refer to rice, wheat, oat, rye, barley, corn and millet. But in the context of Bangladesh, food grains normally mean rice, which alone provides 93.69% of food grain intake. Next to rice, though not comparable with rice, comes wheat, which provides 2.57% of food grain intake. The remaining 3.74% come from other food grains mentioned above (ref. HIES-2005 of BBS).  ....Details
 
..:: ECONOMIC OBSERVER REPORTS ::..    

Prime Minister lauds private sector role in economic development

 Prime Minister Sheikh Hasina said recently her government has put stress on the private sector development to help the economy grow faster. 

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