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Multiple foreign consultancy stakes in Padma Bridge

Munima Sultana | 2022-06-23 00:00:00

At least 10 foreign consultancies from countries across the world provided supports as Chinese engineers built Bangladesh's longest bridge over the mighty river Padma, officials say ahead of its grand opening.The consultancy firms are from the United Kingdom, Japan, India,...

Matarbari seaport construction going on in full gear: Officials

Nazimuddin Shyamol | 2022-06-23 00:00:00

CHATTOGRAM, June 22: The construction work of Matarbari Deep Seaport is going on in full gear. The deep seaport, first of its kind in Bangladesh and construction of which began nearly 17 months ago, will be built in two phases,...

Film festival, devoted to women behind camera

Farhan Sakib Alvi | 2022-06-23 00:00:00

After much anticipation, the premier screening session of the Women's Lens International Short Film Festival (WLISFF) was held at Alliance Française in Dhaka on June 17. The event was organised by the Dhaka University Film Society (DUFS) in collaboration with...

The priorities . . . when the waters recede

Syed Badrul Ahsan | 2022-06-23 00:00:00

It is all depressing mathematics we have before us. With 94 per cent of Sunamganj under water, with more than 84 per cent of Sylhet submerged, the message comes loud and clear. It is that in the days and weeks...

Understanding LC clause imperative to avoid trade disputes

Md Mazharul Hasan | 2022-06-22 00:00:00

Letter of Credit (LC) clauses determine the requirements of documents to be presented as well as conditions to be fulfilled by the parties involved in international trade. Non-fulfilment of LC terms creates disputes. So before execution of any trade transaction...

BRTC bus service likely after inauguration

MUNIMA SULTANA | 2022-06-21 00:00:00

The Bangladesh Road Transport Corporation (BRTC) plans to start bus services with all south-western districts through Padma Bridge after its opening on June 25.After groundwork, the BRTC has decided to start the services from the same day the bridge opens...

What Sylhet floods signify

Syed Fattahul Alim | 2022-06-21 00:00:00

Heavy downpour for days together in the Meghalaya and Assam states of India has inundated thousands of villages there. As a result, the major river systems of this region, the Brahmaputra and the Ganges, are overflowing. Bangladesh, particularly, its northern...

Depot fire: why firefighters had to die

Hasnat M Alamgir | 2022-06-21 00:00:00

Yet another distressing and catastrophic fire coupled with sporadic explosions -- this time at BM Container Depot Ltd in Chattogram's Sitakunda Upazila -- took a toll of around 46 lives and left over 200 other people injured. Transgression of laws...

Rains rule roost in port city, Ctg div's two dists

Nazimuddin Shyamol | 2022-06-20 00:00:00

CHATTOGRAM, June 19: Incessant rains heavily disrupted normal life in the port city on Sunday. The local meteorological office recorded 105 millimetres (mm) rainfall in the port city in the last 24 hours ending 3:00pm on Sunday. It was raining...

Govt gives directives on project priorities

SYFUL ISLAM | 2022-06-20 00:00:00

Government high-ups ask the ministries and departments concerned to concentrate on timely implementation of ongoing projects instead of taking less-important new ones to stay within means in crunch times.In a recently issued 15-point directive, officials say, the Prime Minister's Office...

Make road usable under Hanif Flyover, say experts

MUNIMA SULTANA | 2022-06-20 00:00:00

Concerns have been surfacing about expected snarl in and around Padma Multi-purpose Bridge from more than a week before its opening to the public transport in later part of the current month. Getting worried about the possible traffic congestion at...

Midland Bank to go public

Siddique Islam | 2022-06-20 00:00:00

Midland Bank Limited (MDB) has planned to raise Tk 700 million through Initial Public Offering (IPO) subscription by the final quarter of this calendar year to expand its capital base, the bank's top executive has said."We're working to issue the...

Four killed in Ctg hillslide

NAZIMUDDIN SHYAMOL | 2022-06-19 00:00:00

CHATTOGRAM, June 18: At least four people died in rain-triggered hillslide in the port city on Friday night.Incessant rains in the last couple of days inundated all low-lying areas of the southeastern divisional city.Weathermen and geologists warned that the continuous...

Improving country's FDI profile in the run-up to graduation

Asjadul Kibria | 2022-06-19 00:00:00

When Finance Minister AHM Mustafa Kamal while unveiling the national budget for the next fiscal year (FY '23) in parliament on June 09, laid emphasis on many issues. Attracting more foreign direct investment (FDI) was one of those. "Our goal...

Efforts on to ensure integrity in BD financial system

SIDDIQUE ISLAM | 2022-06-18 00:00:00

Bangladesh Financial Intelligence Unit (BFIU) has taken various measures to prevent money laundering as well as terrorist financing, in order to ensure stability and integrity in the country's financial system."We're working continuously to handle the problem," Md Masud Biswas, head...

Govt mulls hiring PMB staff for other purposes

MUNIMA SULTANA | 2022-06-18 00:00:00

The government is contemplating accommodating its recruited staff for the Padma Multipurpose Bridge (PMB) project for other purposes, though there is no legal scope to consider them for another project.More than 150 staffers engaged in the bridge project have been...

WTO strikes deal on vaccine, food, e-com, fisheries

Doulot Akter Mala in Geneva | 2022-06-18 00:00:00

Hard bargains among World Trade Organization (WTO) members were finally capped with a package deal on patent waiver allowing cheap vaccine production, food security, fostering electronic commerce and fisheries subsidy cuts.However, the least-developed countries couldn't get their main gaol through...

Stocks tank as budget fails to attract investors

BABUL BARMAN | 2022-06-18 00:00:00

Stocks drifted lower in the first week after unveiling the national budget as investors were not happy with the budgetary measures on the capital market.Week on week, DSEX, the key index of Dhaka Stock Exchange (DSE), shed 54.56 points or...

Fighting humanity's deadliest enemy

Syed Fattahul Alim | 2022-06-18 00:00:00

The world at the moment is witnessing a whole host of issues. The Ukraine war, highly volatile energy market, unchecked inflation, looming food grains crisis and rising global temperature. These are some of the issues of current concern. But which...

Economic diplomacy: A conduit for Bangladesh's vision 2041

A K Abdul Momen | 2022-06-18 00:00:00

Since my assumption of the Office of the Foreign Minister of Bangladesh, I, in fact, am bestowing special emphasis on economic diplomacy. In order to achieving Bangabandhu Sheikh Mujibur Rahman's dream of Sonar Bangla by 2041, Hon'ble Prime Minister has...

Double-decker trains can run on PMB rail

MUNIMA SULTANA | 2022-06-17 00:00:00

The single-track rail being built with the Padma bridge will have the capacity to operate 80 trains daily with provision of running double-deckers in both passenger and container services.Official sources say the design of rail track along the country's longest...

BD-tied money in Swiss banks swells 54pc

ASJADUL KIBRIA | 2022-06-17 00:00:00

Funds parked by Bangladeshi nationals and entities in all the Swiss banks swelled by 54 per cent to around CHF (Swiss Franc) 871 million (Tk 83.18 billion) in the last calendar year, according to available data. The amount was around...

Two more tugboats join Ctg port's fleet

NAZIMUDDIN SHYAMOL | 2022-06-17 00:00:00

CHATTOGRAM, June 16: The Chittagong Port Authority (CPA) has procured two new tugboats to facilitate larger ships' smooth movement in the port channel and enhance the port's cargo handling capacity. Procured from China at a cost of over Tk 1.45...

Universities of Bangladesh stay way behind

Nilratan Halder | 2022-06-17 00:00:00

Academics the world over look forward around this time every year to the Quacquarelli Symonds (QS) University Ranking to know about the status of the highest seats of learning. That the first post-pandemic ranking will make them along with others...

Meeting extended as negotiators struggling to reach consensus

REZAUL KARIM from Geneva | 2022-06-16 00:00:00

The negotiators were struggling to reach a consensus on the issues tabled in the 12th World Trade Organisation (WTO) ministerial conference on Wednesday, prompting the organisers to extend the meeting by one more day with a hope for positive outcomes.The...

Curtain falls on Escalate 2022

Samayla Mahjabin Koishy and Mehejabin Sultana Zaman Anika | 2022-06-16 00:00:00

Founded under the School of Business and Economics of North South University 27 years ago, North South Young Entrepreneurs Society (NSU YES!), rose to the top with its valiant efforts and ideas. This student-run organisation has devoted itself to spreading...

Perks and perils of studying abroad

Anadil Maish | 2022-06-16 00:00:00

For many people, the opportunity to study abroad is a lifelong dream. For others, it happens more incidentally than they may have anticipated. Regardless of the events that lead up to it, people have their own unique experiences and anecdotes...

Our universities should be points of light

Syed Badrul Ahsan | 2022-06-16 00:00:00

Let the question of global rankings of Bangladesh's universities be put aside for the moment. Not that rankings are not important. They are, for these rankings are a measure of how our higher educational institutions fare or have fared at...

AML & CFT compliance: building block of MFS industry

Sheikh Md Monirul Islam | 2022-06-16 00:00:00

During a disaster, the best traits of humanity often come out to forefront. After the recent Chottogram fire incident, several humanitarian organisations have been raising money for the benefit of the affected families. The initiatives to help the affected in...

Extension may be for specific countries

DOULOT AKTER MALA FROM GENEVA | 2022-06-15 00:00:00

The 'trade-benefit' demand of graduating least-developed countries (LDCs) to allow for a few more years after graduation might be country-specific based on needs assessment, officials said.As per recommendations of the developing nations in the 12th Ministerial Conference (MC12) of the...