SIDDIQUE ISLAM | 2022-07-28 00:00:00
An eventual policing drive against suspected manipulators brought down the overheating cash-dollar price on the open market that hit Tk 112 Tuesday amid growing concerns about Bangladesh's foreign-exchange reserves.Market operators said the exchange rate of the US currency came down...
Tasmiah Tabassum Ali | 2022-07-28 00:00:00
For most people, the first impression of a bank job is having to sit behind a cash counter, dealing with long lines of customers day in, and day out. For others, a bank job means opening accounts and calling customers...
Syed Badrul Ahsan | 2022-07-28 00:00:00
The government has gone for certain measures to ensure austerity in the way we conduct life in these fraught times. Steps to conserve electricity through a programme of load-shedding are of course needed and ought to be welcomed by citizens...
SIDDIQUE ISLAM | 2022-07-27 00:00:00
Bangladesh has assured the International Monetary Fund (IMF) of complying with latest global standards of reporting foreign-exchange reserves, officials say, as an IMF mission mentioned 'miscalculation' of the amount.The assurance was made in a meeting with an IMF economic appraisal...
Siddique Islam | 2022-07-26 00:00:00
Banks have been asked to realise overdue export proceeds worth US$1.50 billion forthwith as the central bank tightens its stance to augment foreign-exchange flow into the market.The directive came at the bankers' meeting held Monday at the central bank headquarters...
Syed Fattahul Alim | 2022-07-26 00:00:00
The World Health Organization (WHO)'s Director General (DG), Dr Tedros Adhanon Ghebreyessus, has declared monkeypox outbreak a global health emergency. Such classification of the viral disease's outbreak by WHO also indicates that the global alert against the monkeypox outbreak is...
SIDDIQUE ISLAM | 2022-07-25 00:00:00
Loan disbursement under the economic-recovery stimulus packages, particularly for large industries and services sector, drops mainly as prospective clients look averse.With this second-phase disbursement sluggishness in the backdrop, the third phase of the financial package commences this week only after...
SYFUL ISLAM | 2022-07-25 00:00:00
The D-8 Chamber of Commerce and Industry (D-8 CCI) will propose alternative trade financing to address the pressure on the local currency and the foreign exchange (forex) reserve. The chamber will suggest three modes of alternative trade financing - block...
Neil Ray | 2022-07-25 00:00:00
The commissioning of the Padma Bridge has opened up unlimited possibilities in terms of communication, convenience, time saving and economy. Not only are people living on the western side of the river Padma expected to be its beneficiary but also...
Ngozi Okonjo-Iweala, Rebeca Grynspan and Pamela Coke-Hamilton | 2022-07-25 00:00:00
We are in the toughest period the world economy has faced since the creation of the multilateral system more than three-quarters of a century ago. A quadruple shock of COVID, climate change, conflict and cost-of-living has undone years of hard-fought...
MUNIMA SULTANA | 2022-07-24 00:00:00
The iconic Kamalapur Railway Station building will not be demolished but its view is likely to be blocked due to construction of infrastructures for setting up a multimodal transportation hub (MMTH) in the station area. Sources said the Bangladesh Railway...
Mohammad Mufazzal | 2022-07-24 00:00:00
The securities regulator will sit with various stakeholders to listen to their observations about the market and encourage them to play a proactive role in revamping it.As part of the move, the Bangladesh Securities and Exchange Commission (BSEC) will sit...
Asjadul Kibria | 2022-07-24 00:00:00
There has been a sharp rise in Bangladesh's external borrowings over the last couple of years. However, a lower ratio of external debt to Gross Domestic Product (GDP) leaves a comfort zone for the country's policymakers. Many experts and economists...
Mohammad Shahidul Islam & Rahnuma Masud | 2022-07-23 12:00:00
We all are well aware of the terms morality and ethics. Ethic is a set of rules which influence day-to-day human behaviour, actions, and decisions and form the choice of what should be done. We got the word 'ethics' from...
Nazimuddin Shyamol | 2022-07-23 00:00:00
CHATTOGRAM, July 22: Trans-shipment of goods between India and Bangladesh through Chittagong seaport is set to resume this week after two years, officials at the Chittagong Port Authority said in Friday.They said two more vessels from the neighbouring country under...
SYFUL ISLAM | 2022-07-23 00:00:00
Bangladesh will soon request Singapore to withdraw embargo imposed on transshipment of hydrogen peroxide through the port of Singapore that has stalled export of the chemical compound since a Chittagong container-depot blaze.In a meeting at the ministry of commerce (MoC)...
BABUL BARMAN | 2022-07-23 00:00:00
Stocks tumbled in the week to Thursday, extending the losing streak for a third consecutive week, as jittery investors scrambled to exit the market by selling off their holdings amid growing worries about a potential economic downturn in the coming...
Nilratan Halder | 2022-07-23 00:00:00
If her birth could not be in a more unnatural situation, her survival is perhaps the miracle of a century. Her mother along with her father and six-year-old sister was run over by a speeding truck. The impact of the...
Syed Fattahul Alim | 2022-07-23 00:00:00
The south-western and western Europe is in the grip of a deadly heat wave. Wildfires in Spain, Portugal and France and Greece have caused deaths and devastations. Thousands have been evacuated to safer locations. England saw its highest temperatures last...
A H M Mustafa Kamal | 2022-07-23 00:00:00
Global economy was strongly recovering from Covid-19 shock but the war in Ukraine is posing adverse impacts on the recovery. International organisations revised their growth prospects for 2022 and 2023 downward. Bangladesh economy has been growing consistently high before Covid-19....
MUNIMA SULTANA | 2022-07-22 00:00:00
There are plans afoot to replace the century-old Kalurghat Bridge over the Karnaphuli River in Chattogram with a steel-truss double-deck structure, similar to the design of the newly launched Padma Bridge.Bangladesh Railway (BR) has chosen the Padma Bridge-like design among...
DOULOT AKTER MALA | 2022-07-22 00:00:00
Dhaka is set to urge Washington to give its nod on extension of trade benefit to the least developed countries (LDC) after their graduation.Next meeting of the Trade and Investment Cooperation Forum Agreement (TICFA) is scheduled to be held in...
SIDDIQUE ISLAM | 2022-07-22 00:00:00
The International Monetary Fund (IMF) is worried about the non-performing loan (NPL) buildup in Bangladesh's banking sector and some mismatches on the macroeconomic front, sources say.During a latest appraisal of the country's economic health-amid multifarious challenges from within and without...
Nilratan Halder | 2022-07-22 00:00:00
Societies the world over are becoming increasingly intolerant and violent. Political intrigues and atrocious economic inequality have stoked religious fundamentalism, bigotry and hate campaign. The victims everywhere are 'religious minorities' or vulnerable people. Slavery and apartheid have long been abolished...
SIDDIQUE ISLAM | 2022-07-21 00:00:00
The central bank has increased the interest rates on loans under Export Development Fund (EDF) scheme aiming to adjust the lending rates with traditional market, officials say.Under the revised interest rates, exporters will now be able to borrow from the...
DOULOT AKTER MALA | 2022-07-21 00:00:00
The tax revenue collection has faced nearly Tk 300 billion shortfall in the previous fiscal year (FY), 2021-22, although the tax-collecting wings have achieved double-digit growth over their previous year's collection.According to a provisional data until Wednesday, the National Board...
Syed Badrul Ahsan | 2022-07-21 00:00:00
Let's not pretend otherwise. The bare-faced, no-holds-barred truth is that education in Bangladesh is in free fall, if not in terminal decline. And we are not here speaking of our failure to make it to a respectable spot in global...
Doulot Akter Mala and Syful Islam | 2022-07-20 00:00:00
Bangladesh has kept the transit fees unchanged for four trial runs of transhipment of Indian goods using Mongla-Tamabil, Tamabil-Chattogram, Chattogram-Shawla and Chattogram-Bibirbazar routes.The National Board of Revenue (NBR) issued a gazette on Tuesday with the schedules of fees and charges...
Munima Sultana | 2022-07-20 00:00:00
Bangladesh Railway (BR) has started carrying out a fresh feasibility study on the development of a dual-gauge double line rail track on the Joydebpur-Ishwardi section for the third time.The state-owned rail operator has taken the initiative as Japan has shown...
Hasnat Abdul Hye | 2022-07-20 00:00:00
Globalisation, in its bare bones form of movement of goods and people across geographical areas, is as old as civilisation. Borders between countries where they could be identified were porous and did not pose much of a barrier to such...
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