MUNIMA SULTANA | 2024-07-30 00:00:00
The Bangladesh Railway (BR) suffers an operating loss of estimated over Tk 45 million each day for keeping all passenger and cargo trains suspended since the quota reform movement turned violent on July 18.The state-owned train operator runs 335 trains...
REZAUL KARIM & YASIR WARDAD | 2024-07-30 00:00:00
Amid soaring prices for nearly all kitchen items, the government has formed 37 market monitoring teams to oversee prices in the capital -- a common measure by the authorities that has previously yielded little to no significant results.The committees, each...
Asjadul Kibria | 2024-07-30 00:00:00
Dr Rupa Chanda was a Professor of Economics at IIM Bangalore since 1997 to 2021. Prior to joining IIMB, she was an Economist at the International Monetary Fund (IMF) in Washington. Currently she is serving as a Director of Trade,...
Syed Fattahul Alim | 2024-07-30 00:00:00
New research by Forbes Advisor has ranked Dhaka the sixth riskiest city on earth for tourists. However, Dhaka was never a great tourist attraction to be shocked by this poor ranking by an international rating body. True, it has been...
Munima Sultana | 2024-07-29 00:00:00
The Bangladesh Railway (BR) will have to pay Tk 500 million to passengers as demurrage from its total loss of Tk 563.64 million caused since the spread of violence for suspending trains after ticket sale.According to estimation, tickets valued at...
DOULOT AKTER MALA | 2024-07-29 00:00:00
Tax-revenue collection faced Tk 274.29-billion shortfall even against a pared-down target for the immediate-past fiscal year though VAT receipt made a quantum leap.In June, the final month of the financial year, the VAT wing boasted a record growth of 47.2...
SYFUL ISLAM | 2024-07-29 00:00:00
Bangladesh will soon seek US$700 million in budget support from the Asian Infrastructure Investment Bank (AIIB) with the pivotal need to replenish the country's foreign-exchange reserves, officials have said.Sources at the Economic Relations Division (ERD) say the loan to fill...
TAHJIBUL ANAM | 2024-07-29 00:00:00
COX'S BAZAR, July 28: Tourism business in Cox's Bazar is feared to incur colossal losses due to the persistent countrywide unrest over the student movement seeking the quota system repeal in public services. According to industry insiders, the local tour...
Neil Ray | 2024-07-29 00:00:00
After the shutdown of the internet, it has also returned but in a debilitated form. It is more like a person's recuperation period following a serious illness. With limited capacity, it cannot perform the normal works it is supposed to...
Syed Fattahul Alim | 2024-07-29 00:00:00
Of the many vulnerabilities that the country's banking sector is exposed to, its acute liquidity crisis is one. Tightening of money supply as part of the central bank's contractionary monetary policy, crisis in the forex market, slow pace of loan...
Doulot Akter Mala | 2024-07-28 00:00:00
Many parents of Gen Z have become traumatised by the prospect of sending their children alone outside after the nationwide anti-quota conflicts, which claimed more than 200 lives and injured thousands.Even amid the relaxed curfew in Dhaka, the guardians have...
REZAUL KARIM | 2024-07-28 00:00:00
Shadows loom over a fledgling industry here as New Delhi seeks duty privilege to export its Masterbatch goods to Bangladesh that suffers huge bilateral trade deficit.Local entrepreneurs aired their concerns and also pointed out that India imposed anti-dumping duty on...
Mohammad Mufazzel | 2024-07-28 00:00:00
Internet blackout came as a severe blow to the IT companies that fear long-term setbacks on business if foreign clients consider them unreliable and move to other countries, say Vietnam, for uninterrupted services. To avoid clients get irked by any...
Atiqul Kabir Tuhin | 2024-07-28 00:00:00
Over the last week, the disgraceful scenes of ransacked and willfully damaged public property shocked the nation. Victims of the senseless mayhem included two stations of the Metro Rail, buildings of Bridge Division, BTV, Department of Disaster Management, BARTA, Narsingdi...
Asjadul Kibria | 2024-07-28 00:00:00
The latest monetary policy, declared two weeks ago, seeks to keep the growth of domestic credit flow at a moderate level during the first half of the current fiscal year (FY25). It wants to keep the growth of private credit...
SYFUL ISLAM | 2024-07-27 12:00:00
Withdrawal of funds from debt-service reserve account for instalment payment against a loan for a state-owned power plant has created concerns among its multiple foreign financiers, officials said. They raised a number of questions to learn the current and future...
NAZIMUDDIN SHYAMOL | 2024-07-27 00:00:00
CHATTOGRAM, July 26: The prices of daily essentials escalated in the port city of Chattogram last week due to countrywide political unrest and a curfew in force.As a result, people on low incomes are spending their days in utter misery...
REZAUL KARIM | 2024-07-27 00:00:00
Striking a much-needed free-trade agreement (FTA) with a potential Latin American bloc encoded Mercosur apparently lacks pace and the chance of a top-level push is missed. Sources say there had been a perceived lukewarm response from the Southern Common Market...
Nilratan Halder | 2024-07-27 00:00:00
Living in Dhaka in normal time is quite challenging. Its environmental pollution is infamous and ranks mostly at the top among the worst polluted cities. Unsurprisingly, the capital city of Bangladesh has the dubious record of ranking among the world...
Helal Uddin Ahmed | 2024-07-27 00:00:00
The Olympic Games had its origin exactly 2800 years ago - in the year 776 B.C.E - at the Greek site of Olympia, when some spectators came together to watch a men's foot-race. This classical sporting event of the ancient...
NAZIMUDDIN SHYAMOL | 2024-07-26 00:00:00
CHATTOGRAM, July 25: The Bay Terminal, the flagship project of Chittagong seaport, will expand to include an oil terminal alongside the three terminals already designated in the master plan.This new addition will enable Bay Terminal to accommodate oil tankers at...
DOULOT AKTER MALA | 2024-07-26 00:00:00
Large businesses paid nearly 26 per cent more Value Added Tax (VAT) in the last fiscal year, marking a record increase since the creation of the Large Taxpayers Unit (LTU).The LTU, established in 2003, collected Tk 736.60 billion in revenue,...
DOULOT AKTER MALA | 2024-07-26 00:00:00
Export-import operations get back in full gear with the resurrection of electronic systems of port processing after a breakdown amid countrywide internet blackout. Both Chittagong Custom House and Chittagong Port Authority (CPA) have said the internet-network systems are now working...
Syed Badrul Ahsan | 2024-07-26 00:00:00
Sometimes you tend to miss the old days. Life was much easier. There was no internet, no technology in that modern sense of the meaning. Not much of tension was there. In broad terms something of the pristine was there...
Nilratan Halder | 2024-07-26 00:00:00
Perennially deficient in production and dependent on import of sugar, Bangladesh stands hardly any chance of overcoming this problem in the near future. The mismatch between sugarcane cultivation and the obsolete production facilities is best illustrated by the closure of...
MUNIMA SULTANA | 2024-07-25 00:00:00
Dhaka metro rail and elevated expressway are unlikely to resume operations soon following attacks on the physical infrastructure of the popular transport services recently.An angry mob vandalised two metro stations and toll plazas and also carried out arson attacks during...
DOULOT AKTER MALA | 2024-07-25 00:00:00
E-commerce businesses have lost at least Tk 600 million during the five-day nationwide Internet blackout, according to entrepreneurs, as they said their sufferings included difficulties ranging from tracking inventory to delivering goods amid a curfew.The situation, according to them, affected...
Nasrin Sheely | 2024-07-25 00:00:00
Bypassing international currencies is a common talk following the global supply chain disruption due to the Russia-Ukraine war. De-dollarisation becomes an issue when sanctions are imposed on different countries to execute transactions in US dollar. Reports indicate Russia and China...
Atiqul Kabir Tuhin | 2024-07-25 00:00:00
A sound feasibility study is the key to successful implementation and effective functioning of any project. But in Bangladesh, the importance of conducting a feasibility study before project implementation is often overlooked, leading to implementation delays and cost overruns. Worse...
MOHAMMAD MUFAZZAL | 2024-07-24 00:00:00
The government has been putting emphasis on the nation's transition to cashless transactions so much so that it aims to attain hundred per cent digital payments by 2041. Transactions through VISA and credit cards and mobile financial services, such as...
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