New Education Budget: To fit the purpose

The Tk. 49,000 crore or US$ 6.3 billion allocated for education, when divided by the estimated 40 million students in the country, amounts to Tk. 12,000 per student public spending for a year or about US$ 150 on average for all levels of education.
7 June 2016, 18:00 PM

Economic clout of G7 waning

What is striking is that finance ministers of the G7 countries, who met from May 20-21, 2016, could not agree on the fiscal policy that the G7 should adopt collectively to address global economic weakness. Japan and the US called members to boost fiscal stimulus, but Germany and Britain insisted on fiscal austerity.
5 June 2016, 18:00 PM

Golden rice: The malnutrition fighting crop

Over the past two decades, Bangladesh has remarkably managed to feed an increasing population better - the UN's Food and Agricultural Organization estimates that in 1993...
5 June 2016, 18:00 PM

RMG: Smartest Strategies

Bangladesh's manufacturing sector has grown steadily as the country has industrialised. Manufacturing now accounts for 30 percent of GDP, nearly double the share of agriculture.
29 May 2016, 18:00 PM

The price of non-governmental growth

It is well known that since the 1980s, Bangladesh has made astonishing progress on a wide variety of development indicators such as reducing the prevalence of extreme hunger and poverty...
27 May 2016, 18:00 PM

A response to - Bringing electricity to more Bangladeshis

In May 25, The Daily Star, Bangladesh's leading English newspaper, published in print as well as online an opinion article by Bjorn Lomborg titled “Bringing Electricity to More Bangladeshis”.
27 May 2016, 18:00 PM

How zakat can eliminate poverty

According to a research done by Dr. Kabir Hassan, Prof. University of New Orleans, it has been calculated that each year BDT 25,000 crore of zakat can be obtained from Bangladesh and if distributed properly each extremely poor family can get two million taka from this huge fund.
25 May 2016, 18:00 PM

Bringing electricity to more Bangladeshis

It turns out that switching five households from kerosene lamps to a single diesel-powered generator would be 12 times more cost-effective than solar power - each taka of spending would do an impressive 24 takas of good.
24 May 2016, 18:00 PM

The Moral Compass

The fact that the country's actual default loan amount - including that of written-off loans - in the country's banking sector has exceeded Taka 1 trillion mark for the first time, qualifies us to be one of the leaders of the corporate shame club.
24 May 2016, 18:00 PM

The Immediate Tasks at Hand

More than three months have passed since the Bangladesh Bank (BB) heist, and in the interim much water has flown down the Padma, Meghna,
16 May 2016, 18:00 PM

VAT law could spell trouble

That the government needs to increase revenue is understandable, given that we are looking at wholesale promotions within the bureaucracy and a new revised wage board that has to be implemented for State officials. However, one has to take into account at what cost will revenue be increased. Going by what has been published in the press, everything from electricity to apparels will be more expensive – products and services will boast at least a 15 percent increase in selling price.
16 May 2016, 18:00 PM

Monopoly's New Era

For 200 years, there have been two schools of thought about what determines the distribution of income – and how the economy functions.
15 May 2016, 18:00 PM

Light of hope for Rana Plaza victims

Another anniversary of the deadliest garment industry disaster in history just passed by last week.
29 April 2016, 18:00 PM

A tribute to a champion of the deprived

I can think of few people who have done more for the world's deprived population than Fazle Hasan Abed.
25 April 2016, 18:00 PM

GDP or Happiness?

Imagine a world where you earn a decent living, the state treats you with fairness, there is little carbon emission in the environment...
25 April 2016, 18:00 PM

Breaking free from fossil fuels

It came as no surprise when the National Oceanic and Atmospheric Administration (NOAA) last week announced that the earth's global temperatures.
24 April 2016, 18:00 PM

Reforms for higher investment cannot be delayed

It should not be surprising that private sector investment's share in GDP is shrinking. Banks are drowning in excess cash to the point where call money rate collapsed to historic lows.
24 April 2016, 18:00 PM

Money makes the mare go

Understandably, Prime Minister Narendra Modi has set up a panel of officials from the income-tax department, the Reserve Bank of India (RBI) and Enforcement Directorate to probe the matter and apportion responsibility. Yet, nothing concrete would come out of it because the persons connected with the dealings have political clout.
6 April 2016, 18:00 PM

Linking economies through transportation infrastructure

Economists estimate that over that three-decade timeframe, the [Padma] bridge will reach its full traffic capacity of 75,000 vehicles each day.
5 April 2016, 18:00 PM

Do We Need to Worry?

Labour practices and the right to organise by workers have recently received a lot of attention in Western media, triggered by terrible industry accidents in India, Bangladesh and Pakistan.
3 April 2016, 18:00 PM