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City commuters avail another rapid-ride route

MUNIMA SULTANA | 2023-09-02 00:00:00

Dhaka's outmoded transport system, riddled with traffic congestion, wears another speck of new looks with the opening of Bangladesh's maiden half-built elevated expressway today. Commuters in the capital city will enjoy rapid ride on high-speed vehicles on an 11.5-kilometre roadway...

Over 85pc applicant e-com firms fail to get digital ID certification

ISMAIL HOSSAIN | 2023-09-02 00:00:00

More than 85 per cent of e-commerce companies that submitted applications for obtaining digital business identity (DBID) certification failed to get it due to 'complex provisions' set by the authority concerned. Since February last year, the DBID platform has so...

Green field creation is must for any PPP project, says M Shamsul Hoque

MUNIMA SULTANA | 2023-09-02 00:00:00

FE: How have you been engaged with the DEE project? What is the role you are now playing with the country's first big infrastructure project under the PPP?Shamsul Hoque (SH): My engagement with the DEE project started after the government...

Unflagging hope, stakeholder tips on best solutions behind DEE success: ITD

MUNIMA SULTANA | 2023-09-02 00:00:00

FE: Why ITD has been interested in the PPP project in Bangladesh? The FE came to know DEE is ITD's first PPP project to start with although its success stories in infrastructure development as contractor were quite impressive. Why Bangladesh...

Public-private coupling overrides bumps as DEE half opens

MUNIMA SULTANA | 2023-09-02 00:00:00

A public-private coupling in development pursuit finally stands the test as a maiden big infrastructure project with foreign investment under PPP model is about to see success. The half-built Dhaka elevated expressway (DEE) opens today, with seamless transport drive overhead...

DEE ready for partial opening at long last

Munima Sultana | 2023-09-02 00:00:00

Despite all odds, the Dhaka Elevated Expressway (DEE) is now a reality. The first 11.5 km part of it has been readied for opening. Prime Minister Sheikh Hasina inaugurates it today (Saturday) and the toll collection will start tomorrow (Sunday).Opening...

BRICS: A political or economic alliance?

Abul Quasem Haider | 2023-09-02 00:00:00

Different economic alliances and institutions have been established across the world with their own missions and visions. BRICS is also such an economic and political alliance. Prominent economist of the country Mustafa Kamal Mujeri said BRICS is a new initiative,...

No child friendly cities and no promotion of games and sports

Nilratan Halder | 2023-09-02 00:00:00

The generation Z unlike its predecessor millennial is more discriminated against in terms of green space and playgrounds, particularly in almost all cities and other urban centres of Bangladesh. Dhaka is basically a city hostile to children, trees and open/green...

Maersk Group gets CPA nod to set up container terminal

NAZIMUDDIN SHYAMOL | 2023-09-01 00:00:00

CHATTOGRAM, Aug 31: Copenhagen-based port and cargo operator Maersk Group is going to set up a new container terminal near the Chittagong Port. The Chittagong Port Authority (CPA) has given its initial approval to Maersk to set up the container...

Revenue revamp bid expands tax-return scope

DOULOT AKTER MALA | 2023-09-01 00:00:00

All types of funds, including provident ones, will be required return submission with audited financial statements by November 30 on their incomes for the fiscal year 2022-23.The new Income Tax Act has made tax-return submission mandatory for private companies' employee...

Himadri, Yousuf Flour beat most of expensive stocks on main board

BABUL BARMAN | 2023-09-01 00:00:00

Two SME stocks --- Himadri and Yousuf Flour Mills -- have become second and third most expensive stocks on the Dhaka Stock Exchange (DSE) without any justified reasons. That means the money injected into the stocks would hardly have any...

Examining the causes and consequences of wars

Mohammad Saifullah | 2023-09-01 00:00:00

When I started reading the book it appeared to me like reading a story. The author was narrating an incident of the past that occurred in the eighth century. It was about the reign of Mongols, particularly about the reign...

Bangladesh in perspective of BRICS' expansion

Nilratan Halder | 2023-09-01 00:00:00

It is only natural that opposing camps would lock in a heated debate over the ramification of non-induction of Bangladesh into the BRICS club. When Ethiopia and Argentina have received the green card as part of expansion of this bloc...

Pakistan through the tortuous alleys of August

Syed Badrul Ahsan | 2023-08-31 00:00:00

The Islamabad High Court has suspended the Toshakhana case against former Pakistani Prime Minister Imran Khan and has ordered his immediate release. Whether he will in fact walk free, given that scores upon scores of cases are yet stacked against...

A trip to monsoon tourist heaven, Sreemangal

ZANJABIL MASHKURA | 2023-08-30 00:00:00

Bangladesh is a land of artistic beauty and enchanting sights, capable of alluring anyone who visits to release their exhaustion. The small city of Sreemangal in the Moulvibazar district in Sylhet division is one such destination in Bangladesh. Tourists consider...

Brick by brick: the trajectory of BRICS

Hasnat Abdul Hye | 2023-08-30 00:00:00

The air of anticipation hovering over the fifteenth summit of Brazil, Russia, India, China and South Africa (BRICS) was palpable. First was the expectation about increasing the fold of membership that consisted of only five. The second was about a...

Chinese cos picked to oversee operation, maintenance

MUNIMA SULTANA | 2023-08-29 00:00:00

As the first half of the Dhaka Elevated Expressway is set to be inaugurated on September 2, two Chinese companies have been selected to oversee the operation and maintenance tasks through establishing a new company.The new firm will deploy high-tech...

Encashing cheques from other banks like ATM card

Muhammad Munirul Huq | 2023-08-29 00:00:00

Once upon a time, encashment of bank cheques in the country was so time-consuming that depositing the cheque of one bank to another for encashment or transfer used to take two to three days or even a week in some...

Profiting out of human misery

Syed Fattahul Alim | 2023-08-29 00:00:00

The Directorate of National Consumers Right Protection (DNCRP) has now launched an operation to control the soaring price of green coconut. But why is this popular and ubiquitous daab, in Bangla, has joined the essential commodities in their race to...

EPB urges measures to stop smuggling of mud eel

REZAUL KARIM | 2023-08-28 00:00:00

The Export Promotion Bureau (EPB) has formally communicated with the commerce ministry for action to curb the illicit trade in mud eel, colloquially known as "Cuchia", into neighbouring India and Myanmar. Expressing the concern of local eel exporters grappling with...

Taka depreciation sparks off row over payment terms

ISMAIL HOSSAIN | 2023-08-28 00:00:00

Deprecation of local currency taka against the US dollar has created a row over the mode of payment as mobile-phone operators are now reluctant to pay in terms of the greenback for a new slot of telecommunication spectrum.Bangladesh Telecommunication and...

Final touch underway for inauguration

MUNIMA SULTANA | 2023-08-28 00:00:00

Preparations to inaugurate the long-awaited Dhaka Elevated Expressway (DEE) have gained momentum, with authorities focused on ensuring seamless operation of toll plazas and smooth traffic flow to facilitate toll collection.The first half of the 19.73-kilometre elevated expressway - the first...

National Tubes' undistributed bonus shares raised more questions than answered

MOHAMMAD MUFAZZAL | 2023-08-28 00:00:00

The state-run listed company National Tubes on Sunday transferred 42 per cent of its outstanding shares to the account of Capital Market Stabilisation Fund (CMSF).These shares had been issued in stock dividends and remained undistributed since 2007.The sheer amount of...

The unemployed deserve better

Neil Ray | 2023-08-28 00:00:00

There is full flow of rhetoric in policymakers' speeches when it comes to reaping demographic dividends, particularly when about one-fourth of the population is in the 15-30 age group. But in practice, the youths are the ones who are made...

Rohingya a forgotten community

Syed Fattahul Alim | 2023-08-28 00:00:00

The Human Rights Watch, the New York-based international non-profit NGO that conducts research and advocacy on human rights published a report recently under the headline, "Future Bleak for Rohingya in Bangladesh, MyanmarNo Justice, Freedom Since 2017 Atrocities." The headline of...

Tax burden to add up, if return deadline missed

DOULOT AKTER MALA | 2023-08-27 00:00:00

Taxes will be imposed on the entire income of a taxpayer without any exclusion, if the return is submitted after the Tax Day, the deadline for return filing.A provision in this connection has been incorporated in the new tax law...

Farm exports ebbing for local, external roadblocks

REZAUL KARIM AND YASIR WARDAD | 2023-08-27 00:00:00

Over a 27-percent decline in export of agricultural goods in the last fiscal nudged the Ministry of Agriculture (MoA) into action and detected 15 hurdles needing a remedy for the sector to perform better through a rebound. An interministerial meeting...

Familytex: A company meant to rip off retail investors

Mohammad Mufazzal | 2023-08-27 00:00:00

Among the listed companies of the textile sector on the website of the Dhaka Stock Exchange (DSE), one will come across Familytex (BD).Except for the company's name and some sporadic financial figures uploaded until 2020, no other information and corporate...

Tariff policy: The balancing act

Asjadul Kibria | 2023-08-27 00:00:00

The government has finally prepared a national tariff policy to boost trade competitiveness and enhance consumer welfare. Titled 'National Tariff Policy 2023', it is the first-ever tariff policy of the country, which is expected to remove the anomalies in the...

Retaining duty benefits until new trade deals focused

SYFUL ISLAM | 2023-08-26 00:00:00

Dhaka is seeking continuity of the existing duty benefits on exports until new trade pacts are signed with China, India and Japan ahead of Bangladesh's LDC graduation. Efforts have already got underway to strike free-trade agreements (FTAs) with these important...