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Bangabandhu penned a nation's epic

Syed Badrul Ahsan | 2022-03-17 00:00:00

How do I remember Bangabandhu? I remember him in a thousand and one ways.I remember him in the same way that a grateful Bengali nation does and will always do. And yet there has been that certain way in which...

Construction of monetary conditions index & implications

Md Rashel Hasan, Raju Ahmed, Md. Habibour Rahman and Mahmud Salahuddin Naser | 2022-03-17 00:00:00

The monetary conditions index (MCI) combines the effect of interest rates and exchange rates in a single indicator and can be used for assessing the overall monetary policy stance. This paper attempts to construct MCI for Bangladesh for the period...

Shipbuilding in Bangladesh: opportunities & challenges

Helal Uddin Ahmed | 2022-03-17 00:00:00

Shipbuilding in Bangladesh can be traced to the medieval era that underwent gradual expansion during the British colonial rule. At the start of the new millennium, Bangladesh already had a basic shipyard industry and availability of skilled workers. According to...

Most Japanese cos want bilateral FTA with BD

Munima Sultana | 2022-03-16 00:00:00

Most local firms and the Japanese companies operating in various sectors in Bangladesh are in favour of signing a free trade agreement (FTA) between the two countries for maintaining competitiveness in both exports and imports.Some 85 per cent of the...

BB asks banks to deposit 'unclaimed' div into its account

MOHAMMAD MUFAZZAL | 2022-03-16 00:00:00

Bangladesh Bank (BB) has asked the listed banks to deposit 'unclaimed' dividends into the central bank's account in line with a provision of the Bank Companies Act, 1991.As a result, the listed banks will have to deposit unclaimed dividends into...

Govt to go tough against hoarders

NAZIMUDDIN SHYAMOL | 2022-03-16 00:00:00

CHATOOGRAM, Mar 15: The district administration has taken steps to control price hike of essentials during Ramadan, Deputy Commissioner (DC) Mohammed Mominur Rahman said on Tuesday.He said a committee has already been formed to monitor market and supply situation in...

Revisiting the monetary conditions index for Bangladesh

Md Rashel Hasan, Raju Ahmed, Md. Habibour Rahman and Mahmud Salahuddin Naser | 2022-03-16 00:00:00

Monetary Conditions Index (MCI) is a way of measuring the changes in monetary condition that influences the economic activities. To assess the changes in monetary conditions, central banks calculate MCI that combine the effect of interest rates and exchange rates...

MRT-6 extension project hits snag

Munima Sultana | 2022-03-15 00:00:00

Dhaka metro rail company is not getting cooperation from two government agencies causing a delay in starting the MRT-6 extension work up to Kamalapur Railway Station, sources said.They said the company also finds problem convincing the existing contractors of the...

Disenfranchised consumer public

Syed Fattahul Alim | 2022-03-15 00:00:00

A man was arrested on Friday last week for hoarding a few hundred litres (512 litres to be specific) of soybean oil from the Mohammadpur area of the city. The person is a former government employee, now a private citizen....

Western media disseminating anti-Russian propaganda

Alexander V Mantytskiy | 2022-03-15 00:00:00

I have been fixing a large number of editorial articles, copyrights, reprints from Western news agencies, as well as publications of European and American 'analyst' disseminating anti-Russian propaganda in connection with events in Ukraine. Sometimes, published and broadcast news are...

Eschew inadmissible expenses for mobilizing deposits

Siddique Islam | 2022-03-14 00:00:00

The central bank asks non-banking financial institutions (NBFIs) to stop inadmissible expenses for luring deposits and go by declared rates, officials say. The nonbanks have also been instructed to publish information relating to interest rates on deposits regularly on their...

ACC checking 40 cos' tax info

Doulot Akter Mala | 2022-03-14 00:00:00

The tax-related information of some 40 companies is under scrutiny of the Anti-Corruption Commission (ACC) as part of investigating allegations of money laundering and tax evasion against those firms.The anti-corruption watchdog singled out 132 companies for suspected tax evasion and...

Australia wants to develop manufacturing hub in BD

SYFUL ISLAM | 2022-03-14 00:00:00

Australia has expressed the interest to develop its manufacturing hub in Bangladesh to buy back the goods to be produced here or export to the European and other rich countries, according to officials. To implement the plan, Australian trade officials...

Death of two children: Who is to blame?

Nilratan Halder | 2022-03-14 00:00:00

The death of two brothers aged seven and four ---the only children of a poor couple ---following oral administration of Napa syrup (generic name Paracetamol) is a stark reminder of 28 children's death from intake of toxic Paracetamol produced by...

The riddle of Covid death figures

Shamsul Huq Zahid | 2022-03-14 00:00:00

Official data in Bangladesh, in most cases, are taken with a grain of salt. Even some key government policymakers have made frank admission about the quality of data. The government statistics on Covid infections and deaths also have not been...

BD moves to boost dredging capacity

TALHA BIN HABIB | 2022-03-13 00:00:00

The government moves to increase dredging capacity aiming to ensure navigability in river routes for smooth movement of goods and passenger vessels, says a high official of shipping ministry.Under the initiative, the ministry has undertaken a project styled 'Purchase of...

Japanese cos weigh expansion in BD

Munima Sultana | 2022-03-13 00:00:00

Most of the Japanese companies operating in Bangladesh have expansion plans for 2022 and 2023 though they are facing difficulties in running their businesses here, according to a latest survey report.The companies reported complexities in rules and regulations as well...

Who's driving up essentials prices?

Asjadul Kibria | 2022-03-13 00:00:00

Continual hike of prices of essentials and many other commodities has hit the low and limited income people hard. This group of people represents majority of the population that is now struggling hard for survival in the post-pandemic time. During...

Stocks see eventful week as regulator steps in

BABUL BARMAN | 2022-03-12 00:00:00

Stocks witnessed an eventful week to March 10, featuring the biggest single-day fall in almost two years as well as the highest single-day rise in 14 months.Of the five trading days this week, the first two sessions saw the benchmark...

Serious efforts needed to stop Ukraine war

Syed Fattahul Alim | 2022-03-12 00:00:00

The Ukrainian war unleashed by Russia has by now entered its third week. Hectic diplomatic efforts are on to end the senseless conflict leading to a rising number of civilian casualties. Also, according to the UN, some two million people...

Living in Dhaka's immediate neighbourhood

Nilratan Halder | 2022-03-11 00:00:00

With the liveability of Dhaka City increasingly coming into question, quite a few alternatives have by now been suggested. The World Bank is in favour of development of the city's eastern part around Purbachachal much like Shanghai's Pudong in the...

Developments on the stock market front

Shamsul Huq Zahid | 2022-03-11 00:00:00

The country's stock market has been behaving normally until recently. Though bearish, the market was not that volatile. But the Russian invasion of Ukraine on February 24 last and its impact on the global market triggered a clear panic among...

Clash of civilisation leads to armed conflict

Nilratan Halder | 2022-03-11 00:00:00

In his seminal work, The Clash of Civilizations and the Remaking of World Order, Samuel Phillips Huntington could not be more correct in analysing and predicting the political developments, the 9/11 attacks, the wars in Iraq and Afghanistan and small...

Mandatory dope test augments harassment

Munima Sultana | 2022-03-10 00:00:00

Professional drivers of motorised vehicles were allegedly facing even more harassment than before and being forced to get middleman services while undergoing dope test, a prerequisite for obtaining a licence or its renewal.Applicants alleged that they have to go to...

Most banks fail in CMSME stimulus lending

SIDDIQUE ISLAM | 2022-03-10 00:00:00

Most banks miss out on loan-disbursement target under the second-phase stimulus package for helping out cottage, micro, small and medium enterprises (CMSMEs), belying a drive by the central bank. Industry-insiders say the banks are facing difficulties in selecting fresh clients...

Tax receipts from DSE dip 43pc in February

BABUL BARMAN | 2022-03-10 00:00:00

The government's revenue earnings from the Dhaka Stock Exchange (DSE) slumped by 43 per cent month-on-month in February as turnover and share sales by sponsor-directors fell drastically.Market insiders said sluggish turnover and lower share sales by sponsor-directors mainly hit the...

Nursing as a profession

Md Shahanur Talukder | 2022-03-10 00:00:00

Among the few services in the world that operate 24/7, throughout the year, nursing is one of such services. Nurses are called the hearts of the healthcare system. They apply their specialised knowledge, expertise, and skill to undertake life-saving approaches...

Rising global inflation risks the recovery from pandemic

Ismail Hossain | 2022-03-10 00:00:00

Inflation is back in the world in a big way. Many governments, especially developed nations are feeling heats the most and central bankers are taking measures to contain the inflationary pressure. Little predictions were there on this global price spiralling...

Protecting the police

Hasnat M Alamgir | 2022-03-10 00:00:00

Policing is not an easy job anywhere in the world.This is particularly so in Bangladesh where the police are often not well-trained, physically not fit, poorly paid, disliked, and not trusted by the public in general. They often have to...

BBA, RHD may charge users from June-July

Munima Sultana | 2022-03-09 00:00:00

Travelling on the Padma Bridge might not be much enjoyable, as the connecting roads on both sides of the country's longest bridge are likely to be brought under toll system from July, making the entire corridor expensive.Experts said using the...