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MakerSpace / Modern household recycles plastic bottles Vase
« on: August 31, 2019, 11:49:23 AM »
Modern household recycles plastic bottles Vase

MakerSpace / Hanging Plants in Plastic Bottles
« on: August 31, 2019, 11:31:07 AM »

Hanging Plants in Plastic Bottles

MakerSpace / The Green Wall Vertical Farm
« on: August 31, 2019, 11:22:02 AM »
The Green Wall Vertical Farm - How to Grow an Urban Food Garden

MakerSpace / VASE Craft Out Of Plastic Bottle
« on: August 31, 2019, 11:15:20 AM »
VASE Craft Out Of Plastic Bottle


প্লাস্টিকের বোতল দিয়ে নাইস ক্র্যাফট আইডিয়া (Diy Craft Out Of Plastic Bottle)

« on: August 29, 2019, 01:12:56 PM »

MakerSpace / Artificial Flower Vase by plastic bottle
« on: August 29, 2019, 12:03:24 PM »
Artificial Flower Vase by plastic bottle

MakerSpace / Flower pots Recycle plastic bottles for growing flowers
« on: August 29, 2019, 11:54:00 AM »
Flower pots Recycle plastic bottles for growing flowers

MakerSpace / Plastic bottle organizer
« on: August 29, 2019, 11:41:22 AM »

Plastic bottle organizer

Newspaper / Prices up, prices down
« on: June 16, 2019, 11:44:48 AM »
                                                                              Prices up, prices down

Finance Minister AHM Mustafa Kamal today proposed changes to duties on different products, which will result in increase and decrease in their prices.

PRICES UP: Cosmetics, mobile phone services, ceramics, cigarettes, helicopter renting, plastic products, aluminium products, cooking oils, medicines, marriage media centres, ice cream, vehicle registration, route permit for vehicles, fitness certificate for vehicles, astrology, drama, movie, handmade confectioneries, milk, sugar, body spray, ovens, broilers, grillers and smart phones

Newspaper / India defends methodology to measure economic growth
« on: June 16, 2019, 11:13:11 AM »
                                     India defends methodology to measure economic growth

The Indian government on Tuesday defended its methodology of calculating the country’s economic growth, countering the argument of a former top economic advisor who said that Asia’s third-largest economy might be overestimating its growth rate.

India objectively measures the contribution of various sectors in the economy and the country’s gross domestic product (GDP) estimates are based on accepted procedures and methodologies, the ministry of statistics said in a statement.

In 2015, New Delhi changed both the way the government calculates GDP and the base year.

The country started measuring GDP by market prices instead of factor costs, to take into account gross value addition in goods and services as well as indirect taxes. And the base year was shifted to 2011/12 from 2004/05 earlier.

In a column published in a newspaper on Monday, Arvind Subramanian, former chief economic adviser, said his research indicated that the change in the methodology led to GDP growth being overstated by about 2.5 percentage points per year between 2011/12 and 2016/17.

Official estimates place average annual growth for this period at about 7%. Actual growth may have been about 4.5%, Subramanian said.

“My new research suggests that post-global financial crisis, the heady narrative of a guns-blazing India — that statisticians led us to believe — may have to cede to a more realistic one of an economy growing solidly but not spectacularly,” Subramanian said in the column.

There have been questions for many years about whether Indian government statistics were telling the full story but two recent controversies over revisions and delays of crucial numbers have taken those concerns to new heights.

The government itself has admitted there are deficiencies in its data collection.

A study conducted by a division of the statistics ministry in the 12 months ending June 2017 found that as much as 36 percent of the companies in the database used in India’s GDP calculations could not be traced or were wrongly classified.

But the government said there was no impact on GDP estimates as due care was taken to adjust corporate filings at the aggregate level.


Newspaper / Global shares snap seven-day winning streak
« on: June 16, 2019, 10:59:46 AM »
                                                              Global shares snap seven-day winning streak

World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on US inflation was set to refine the odds of an early cut in interest rates there.

Europe’s main markets followed Asia by declining early on. London’s FTSE, the DAX in Frankfurt and CAC40 Paris were down 0.2 percent to 0.4 percent as traders trimmed some of June’s 4 percent gains.

Benchmark government bond yields fell as caution grew. FX dealers kept the dollar near an 11-week low before the US data, having priced in the first US rate cuts since the financial crisis.

“I think we are in for a very nervous wait until next week’s FOMC meeting,” Saxo Bank’s head of FX strategy, John Hardy, said.

“You have had the markets taking out aggressive positions on where the Fed is going to go and everybody is wondering whether they are ready to deliver as much, in terms of guidance, as has been priced in.”

MSCI’s broadest index of Asia-Pacific shares outside Japan had slipped 0.6 percent after two days of gains. Wall Street’s recent rally ended on Tuesday.

Japan’s Nikkei dipped 0.3 percent. Shanghai blue chips fell 0.7 percent following a 3 percent jump the day before.

Hong Kong’s Hang Seng lost 1.7 percent as demonstrators stormed roads next to government offices to protest against a bill that would allow people to be sent to China for trial.

“The impact was short-lived in the past,” noted Alex Wong, director at Ample Finance Group in Hong Kong. “This time people will look at how the US reacts to this kind of news. The US attitude towards Hong Kong and China are also not the same.”

US President Donald Trump said on Tuesday he was holding up a trade deal with China and had no interest in moving ahead unless Beijing agrees to four or five “major points”, which he did not specify. He said interest rates were “way too high” and the Federal Reserve had “no clue”.

Fed policymakers will meet on June 18-19. With trade tensions rising, US growth slowing and hiring in May declining, markets have priced in at least two rate cuts by the end of 2019. Futures imply around an 80 percent chance of an easing as soon as July.

That might change depending on what US consumer price data show later in the session. Headline inflation is expected to slow to 1.9 percent, with the core rate steady at 2.1 percent.

Trump also alarmed currency markets by tweeting that the euro and other currencies were “devalued” against the dollar, putting the United States at a “big disadvantage”.

The euro gained to $1.1336, just short of the recent three-month high of $1.1347. The dollar fell against the yen to 108.25 and stalled on a basket of currencies at 96.608.

“The President’s tweets on the USD have the potential to have much more lasting impact in the coming election year,” said Alan Ruskin, global head of G10 FX strategy at Deutsche Bank. “Global conditions are nicely set for what has colorfully been described as a ‘currency war’ or a currency race to ‘the bottom’.”

The Turkish lira weakened before a central bank that’s expected to leave Turkey’s main interest rate unchanged at 24 percent. In commodity markets, all the chatter of rate cuts kept gold near 14-month highs at $1,335.51 per ounce.

Oil prices dropped over 2 percent as concern about a global economic slowdown offset expectations that OPEC and its allies will extend their supply curbs.

Hedge fund managers have been liquidating bullish oil positions at the fastest rate since late 2018 amid growing economic fears.

Brent crude futures fell $1.4 cents to $60.87, while US crude lost $1.2 to $52.10 a barrel.

Newspaper / Money whitening scope to foster dishonesty: analysts
« on: June 16, 2019, 10:47:04 AM »
                            Money whitening scope to foster dishonesty: analysts

The opportunity to legalise black money at nominal tax will encourage compliant taxpayers to be dishonest, said business leaders and economists at a post-budget discussion yesterday.

The reaction came after Finance Minister AHM Mustafa Kamal proposed investment of undisclosed incomes without question in special economic zones and hi-tech parks upon payment of 10 percent tax on the invested sum from July 1 this year through June 2024.

For regular taxpayers, the tax ranges from 10 percent to 30 percent depending on income.

“This will set a bad example,” said Abul Kasem Khan, a former president of the Dhaka Chamber of Commerce and Industry.

Thanks to the scope, it appears that good taxpayers will be encouraged not to pay taxes properly. They will be non-compliant and then invest in economic zones to avail the opportunity to legalise their money by paying 10 percent, he said.

“I think, you are encouraging people to be dishonest,” said Khan, also a director of AK Khan & Co., at a discussion on the proposed budget held at The Daily Star Centre in Dhaka.

The event was organised by the Institute of Chartered Accountants of Bangladesh (ICAB) and The Daily Star jointly.

As much as $79 billion would be required to meet the government’s target of raising private investment to 24 percent of GDP next fiscal year.

“But, given the rising default loans and fund shortage in banks, where will the money come from?” Khan said.

Private investment has been hovering around 22-23 percent for long.

Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh, echoed Khan, saying the government should not extend the money whitening opportunity as it is not fair.

“By promoting whitening of black money you are really going to hurt the compliant taxpayers.”

At present, the income tax department does not raise any question about the sources of fund when invested in the purchase or construction of any apartment, flat or building after a certain tax is paid on the sum.

“Somebody who is not paying the proper tax, which may be over 30 percent, will be investing in an SEZ after paying only 10 percent tax and there will be no tax liability on that investment for the future. This is not right,” he added.

The participants at the discussion lauded the move to increase the tax-free turnover for small and medium enterprises and form a Tk 100 crore fund for budding startups.

They also welcomed the initiative to widen the social safety net.

The allocation for the health sector was insufficient at only 4.9 percent of the total budget of Tk 523,190 crore, said Md Shahadat Hossain, a council member of the ICAB.

He also said revenue collection would fall short of target this fiscal year.



Startup Talk Chattogram holds event for young entrepreneurs, students

A programme focusing on startups has been held in Chittagong for young entrepreneurs and students under the banner of Startup Talk Chattogram.

The event was held from 3:00pm on November 9, 2018, in Bangabandhu Hall of Chattogram Press Club in the city with a total of 300 participants.

Speakers at the event discussed and provided insights on the different avenues of entrepreneurship. Entrepreneurs and businessmen from Dhaka and other places were present as guests in the programme.

The speakers presenting their insight on entrepreneurship were: Dewan Adnan, representative, Startup Bangladesh, ICT Division; Syed Sirajul Islam Kamu, managing director, Well Group; Sheikh Ebtiaj Joy, vice president, JCI Dhaka Entrepreneurs and managing director, Progoti Group; Solaiman Alam Sheth, Managing Director, Sheth Properties; Didarul Alam Sunny, director, Basis; Touhid Hossain, secretary general, BACCO; and Sahela Abedin, managing director and CEO, Approse Pear.

Arafatul Islam Akib, founder of Startup Talk Chattogram, was the host for the event. The programme partners were JCI Dhaka Entrepreneurs and Progoti Green Shipping Lines.

The Daily Star was the media partner of the event, while other strategic partners were Radio Foorti, Parking Koi, RITS Browser, and Khaas Foods.

16 Amazing DIY Phone Case Life Hacks! Phone DIY Projects Easy

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