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The hidden dangers of money laundering

Amid Bangladesh's rapidly expanding foreign trade, trade-based money laundering has become a major concern for the banking industry, a recent survey by the Bangladesh Institute of Bank Management has found. This includes over- and under-invoicing of goods and services and mis-declaration of goods.
29 April 2018, 18:00 PM

How to benefit more from GDP growth

At a recent press conference, representatives of the World Bank (WB) questioned the 7.65 percent economic growth estimate and the estimate of 7–8 percent growth of domestic demand that the Bangladesh Bureau of Statistics (BBS) came up with for FY17-18. Zahid Hussain, lead economist of the WB's Dhaka office, said there are two causes that could lead to such a spike (growth of employment and labour
18 April 2018, 18:00 PM

Could Syria ignite again?

For months it seemed like everything was quieting down on the Syrian front.
24 February 2018, 18:00 PM

Finding balance in foreign trade

To start with, what is interesting is that garment export struggled in the latter half of FY16-17, experiencing a decline even of 4.49 percent year-on-year in February; and surprisingly soaring in July, despite the European Union, which accounts for over 54 percent of our exports, banning direct cargo flights from Dhaka to the 28-nation bloc in June, following the lead of the UK (who just lifted the ban yesterday), Australia and Germany.
18 February 2018, 18:00 PM

New year, old concerns

Out of the 45 least developed countries (LDCs) in the world, Bangladesh was one among only five countries that had a GDP growth rate of 7-plus percent in 2017, according to the United Nations Conference on Trade and Development.
7 February 2018, 18:00 PM

Freedom of speech is not just a right!

A large number of people in the world today no longer believe in the sanctity of people's absolute right to unfettered and unrestricted speech; preferring speech, rather, to have some restrictions—as people increasingly find more and more types of speech offensive.
31 January 2018, 18:00 PM

Do we know that we are a republic?

In recent years, the left-right political spectrum has been more at the centre of national (in the case of many countries) and global politics than it had been for years.
11 January 2018, 18:00 PM

Biggest underreported stories of 2017

At the end of 2016, I wrote an article for The Daily Star titled “The biggest underreported stories of 2016”.
4 January 2018, 18:00 PM

Banking Sector: A house of cards

Given all of this, is it still unclear to see why the banking sector is in such disarray?
26 December 2017, 18:00 PM

Why is youth extremism on the rise?

In a study conducted by three eminent Dhaka University professors, frustration, loneliness, drug addiction, lack of proper vision and guidance, and at times affluence were identified as major drivers of violent extremism among university students.
18 December 2017, 18:00 PM

China's peace plan and where things now stand

The Rohingya crisis has been tough on Bangladesh. First, because of the sheer scale of the influx from Myanmar and its continuity and second because Bangladesh has had to witness them from up close which always makes it more difficult.
28 November 2017, 18:00 PM

Madness in the Middle East - Is Lebanon in the firing line?

Just as news started to come out that the Syrian Arab Army was on the verge of liberating the city of Abu Kamal, destroying the last Islamic State stronghold in Syria, rekindling hope that the region may yet see some semblance of stability...
14 November 2017, 18:00 PM

A few simple ways to encourage investment

Experts and economists, on the other hand, said that Bangladesh needed to increase investment to USD 12.5 billion for infrastructure development from the existing annual spending of USD 3.5 billion to gain any significant benefit from regional and international connectivity.
6 November 2017, 18:00 PM

Battling poverty today and further down the road

A government survey report made public on October 17 confirmed what has been suspected for some time now; that the poor's share in the national income decreased in the past six years, while the richer segment of the population's increased.
23 October 2017, 18:00 PM

A road map to ending the Rohingya crisis

In her address to the 72nd United Nations General Assembly (UNGA), Prime Minister Sheikh Hasina said, “I have come here with a heavy heart...after seeing the hungry, distressed and desperate Rohingyas from Myanmar, who took shelter in Cox's Bazar, Bangladesh.”
5 October 2017, 18:00 PM

Corruption eating away relief for the public

A report titled “World Food Security and Nutrition Situation-2017”, brought out jointly by a number of UN organisations, estimates that some 25 million Bangladeshis, mostly women and children, suffer from malnutrition.
27 September 2017, 18:00 PM

A disaster we made worse

“Bangladesh is a disaster-prone country due to its geographical location. So, we've to live with the phenomenon with necessary plans to keep the extent of damages and loss of lives to a minimum during any disaster.”
17 September 2017, 18:00 PM

Banking sector woes worse than you may think!

That "political will", however, is not very likely to just automatically emerge from within the government on its own, as is often the case.
26 August 2017, 18:00 PM

Why citizens must demand fiscal transparency

in order to properly regulate our system of democracy through the concept of “checks and balances,” citizens also have the complete right, and responsibility even, to demand from the government, transparency and accountability to the fullest. It is about time that the citizens of this country exercised that right, and took responsibility, for establishing the practice of good governance.
17 August 2017, 18:00 PM

“A peep into hell”

Having dropped the A-bomb on Hiroshima, Brigadier-General Paul Warfield Tibbets Junior—pilot of the first plane (Enola Gay) to drop the atomic bomb—said to have blinked from the flash behind his goggles. When he opened his eyes to look down, what he saw, he described as “a peep into hell.”
8 August 2017, 18:00 PM