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Uncap lending, borrowing rates for fuelling credit flow

SIDDIQUE ISLAM | 2021-12-20 00:00:00

The International Monetary Fund (IMF) suggests Bangladesh to phase out caps on the lending and borrowing rates to strengthen monetary transmission as lifeblood in the economic-recovery process."Caps on the lending and borrowing rates limit the policy space and should be...

Problems plague railway interchange points

REZAUL KARIM | 2021-12-20 00:00:00

Cross-border trade be-tween Bangladesh and India by railway has long been suffering due to lack of necessary infrastructure facilities, officials said.The Bangladesh Embassy in Kolkata has identified some problems in this connection during an inspection of the railway network.It has...

Where laughter is forbidden

Neil Ray | 2021-12-20 00:00:00

Pioneer of Bangla limericks and pure nonsense literature, Sukumar Roy in his Ram Goruder Chhana started with Ram Goruder Chhana haste tader mana (they are forbidden to laugh) only to end Ram Goruder basa dhamak die thasa/ hasir hawa bandha...

The paradox of climate change

Hasnat Abdul Hye | 2021-12-20 00:00:00

Arguably, climate change offers a baffling paradox. No country disputes the scientific theory and evidences gathered so far that human behaviours over the past decades have changed the ecology of planet earth adversely impacting climate conditions to the detriment of...

1,130 more NGOs await microcredit licences

ISMAIL HOSSAIN | 2021-12-19 00:00:00

Some 1130 non-governmental organizations (NGOs) have applied for licence to run microcredit operations across Bangladesh, and all may get the go conditionally. Sources say the government has decided to award conditional licences for three years to all of the new...

Policy drafted to allow private investment in air-cargo handling

DOULOT AKTER MALA | 2021-12-19 00:00:00

Bangladesh's air-cargo handling is opening for private investment as the government has drafted maiden policy on its privatisation amid an upturn in the country's global air-route trade, sources say.Aiming to introduce the global practice of engaging regulated agents in air-cargo...

Boro farming cost spiral feared

REZAUL KARIM AND YASIR WARDAD | 2021-12-19 00:00:00

Dearth of fertiliser and a surge in costs of irrigation, plough and transport amid the diesel-price hike could deal a severe blow to Boro farming this season, discouraging many from cultivation, according to farmers and experts.Production cost of Boro crop,...

Fund raising through right shares low

BABUL BARMAN | 2021-12-19 00:00:00

Funds raised by listed companies through issuance of rights shares remained low as only one company raised fund through rights issuance in the outgoing calendar year.Insufficient documents, strict conditions on rights issue rules and the securities regulator's conservative approach in...

Challenge of meeting ageing population's needs

Kazi Farzana Sharmin and Hasnat M Alamgir | 2021-12-19 00:00:00

The current median age of the population of Bangladesh is 27.6 yearsand within a decade it will become 31.6 years; this suggests acontinuing demographic shift, and available evidence suggests that it will become more evident in the coming years. Although...

Ownership of nationalist ideals

Syed Fattahul Alim | 2021-12-18 12:00:00

The history of Bangladesh' s Liberation War is unique in many respects. For most nations which wrested their freedom from colonial powers have a day to celebrate as their Independence Day. That is in most cases the day when the...

Exporters look to break ICDs' 'monopoly'

SYFUL ISLAM | 2021-12-18 00:00:00

Exporters move for alternative options to break "cartel" of the owners of inland container depots (ICDs) which handle most of Bangladesh's outbound cargoes, as the latter raise charges "unilaterally" and thus make export costlier.They demand incorporating a provision for the...

Stocks pull back on dip in investor confidence

BABUL BARMAN | 2021-12-18 00:00:00

Stocks ended lower in the outgoing week, snapping a two-week winning streak, as investors were showing a lack of confidence amid concern over omicron and tussle between two regulators. Week on week, DSEX, the prime index of Dhaka Stock Exchange...

Taking people with disabilities on board

Md. Sazedul Islam | 2021-12-18 00:00:00

International Day of Persons with Disabilities (IDPD) was observed on December 3 across the world, including in Bangladesh, to promote the full and equal participation of persons with disabilities and to take action for their inclusion in all aspects of...

Victory proves still elusive without conquering the foe within

Nilratan Halder | 2021-12-18 00:00:00

Bliss it was in that dawn to be alive/ But to be young was very heaven. This is how William Wordsworth was moved to pen his feeling, confronting the epical sweep of the French Revolution. The birth of Bangladesh and...

Bangladesh in a changing world order

S Nazrul Islam | 2021-12-18 00:00:00

World order is changing no doubt, but not always in an orderly fashion. Rather changes are occurring more as a result of spontaneous processes. Often the world is changing more because of the failure to put an order - climate...

The Mujib Bahini during Liberation War

Helal Uddin Ahmed | 2021-12-16 00:00:00

The Mujib Bahini, also known as Bangladesh Liberation Force (BLF), was constituted during the War of Liberation in 1971 alongside the regular Mukti Bahini commanded by Colonel MAG Osmany. While the Mukti Bahini was directly affiliated with the Bangladesh Government-in-Exile...

Pakistan still remorseless

Syed Badrul Ahsan | 2021-12-16 00:00:00

As the Bengali nation rounds off fifty years of the existence of a sovereign Bangladesh, it is time to travel back to 1971, the better to analyse the wrong steps taken by the Yahya Khan junta and its friends throughout...

Monetary policy powers economic recovery

Siddique Islam | 2021-12-15 00:00:00

The ongoing rebound in economic activities may continue in the current fiscal year, guided by continued expansionary monetary and prudent fiscal policies, as per a latest review, which, however, bears a bellwether.In its reappraisal of the situation the central bank...

BB blocks seven banks' bonds

Mohammad Mufazzal | 2021-12-15 00:00:00

The hope for launching perpetual bonds by seven banks get deflated as the central bank disapproves of the securities regulator's consent letter over their requisite capital position, sources say. In its response to the bond move--meant for raising capital--Bangladesh Bank...

Sloth takes over cargo delivery at weekends

SYFUL ISLAM | 2021-12-15 00:00:00

Container deliveries on weekly holidays from Bangladesh's prime seaport in Chattogram go down drastically, creating stockpile of boxes and hindering trade handling, sources say.The Chittagong Port Authority (CPA) reviewed the container-delivery position of Fridays, Saturdays, and Sundays for the month...

IPO funds at decade-high on recovery

Mohammad Mufazzal and Babul Barman | 2021-12-14 00:00:00

Spurred by economic-recovery hopes, initial public offerings in the outgoing calendar year will climb to a decade-high amount of Tk 12.33 billion, including premium, as moves are on to woo blue chips into bourses.Sources say last three IPOs of 2021...

Commercial agriculture with high-value export crops vital

REZAUL KARIM | 2021-12-14 00:00:00

Boosting agricultural production and productivity and farming high-value crops of export quality are seen urgent to cushion possible external shocks to Bangladesh's export trade in post-LDC-graduation era.To this end, researchers recommend for the government to take steps to make diversified...

Creatures of the void

Syed Fattahul Alim | 2021-12-14 00:00:00

'To watch over mouth and tongue is to keep out of trouble', so goes the proverb. Humans' use of the tongue increased in direct proportion to their getting civilised. The more they talked, the more they communicated with one another,...

Imports further rise on economic pickup

SIDDIQUE ISLAM | 2021-12-13 00:00:00

Bangladesh's imports increased further by volume and value both amid gradual economic pickup as well as higher import-payment obligation due to international inflation. Official count on November imports shows the rise is particularly caused by higher purchase of fuel oils...

Loopholes stand in way of pvt service providers

DOULOT AKTER MALA | 2021-12-13 00:00:00

The government has brought the privately-owned drug addiction rehabilitation centres under a policy, which is allegedly hindering the set up and operation of the centres in a few cases.Appreciating the recently-introduced policy, the owners said they were facing difficulties in...

Aspiya must not be discriminated against

Neil Ray | 2021-12-13 00:00:00

Aspiya Islam Kajol crossed all the seven stages of the recruitment process to finally emerge fifth and qualify for recruitment as a trainee constable in the police department. But still the poor and fatherless girl may not get the job...

64 cos get Dec 31, ‘22 deadline

MOHAMMAD MUFAZZAL | 2021-12-12 00:00:00

The securities regulator has asked 64 listed companies, including multinational ones, to raise their paid-up capital to Tk 300 million by December 31, 2022.The Bangladesh Securities and Exchange Commission (BSEC) sent letters to the companies having paid-up capital shortfall on...

Members show restraint over restrictions: WTO

DOULOT AKTER MALA | 2021-12-12 00:00:00

The WTO member countries have shown restraint in imposing new trade-restrictive measures related to Covid-19 and continued to rollback the restrictions adopted earlier in the pandemic.In a latest monitoring report, the World Trade Organisation (WTO) said the trade is set...

BTC tips on dealmaking for post-LDC trade

SYFUL ISLAM | 2021-12-12 00:00:00

Bangladesh ought to conduct comprehensive policy reforms for striking effective trade deals on preferential market access in the post-LDC era, a government body suggests as the country is poised for status change.The suggestion comes as Bangladesh has opted to ink...

DSE sits with 80 business groups on December 21

Mohammad Mufazzal | 2021-12-12 00:00:00

The securities regulator and Dhaka Stock Exchange (DSE) have accelerated separate moves to enhance the depth of the country's stock markets ensuring the listing of good companies including state-owned enterprises (SoEs).As part of the move, the premier bourse DSE has...