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Why learning self-defence should be encouraged

ASMA-UL-HUSNA | 2023-08-03 00:00:00

Every decision we make daily is related to our ultimate goal of achieving a safer and more secure future for ourselves. Whether it is choosing a healthier lifestyle, planning our finances and savings, learning new things, sharpening our skills, or...

The coups that enfeeble Africa

Syed Badrul Ahsan | 2023-08-03 00:00:00

Yet one more coup d'etat has taken place in Africa. This time the military has deposed Niger's elected President Mohamed Bazoum and installed itself in power. After Burkina Faso and Mali, Africa is thus up against soldiers whose unbridled ambitions...

Bangladesh's joining RCEP almost certain

REZAUL KARIM | 2023-08-02 12:00:00

Bangladesh has decided in principle to join emerging vast trade-bloc styled Regional Comprehensive Economic Partnership (RCEP) on hope of boosting exports to the member-countries, sources said.The Ministry of Commerce (MoC) is expected to send by September a formal proposal to...

No vehicular movement thru it for three months

NAZIMUDDIN SHYAMOL | 2023-08-02 00:00:00

CHATTOGRAM, Aug 01: Movement of vehicles through the 93-year-old Kalurghat Bridge halted Tuesday for next three months as Bangladesh Railway (BR) has started its renovation work.However, the vehicles could still cross the Karnaphuli River by ferry during this period. Chief...

11yrs on, BR meets 5.0pc target only

MUNIMA SULTANA | 2023-08-02 00:00:00

Even after the lapse of 10 years, the railways could meet only 5.0 per cent of its target to develop dual-gauge track to operate both metre- and broad-gauge trains.The delay is due to inability on part of the Bangladesh Railway...

Slow import, manufacturing squeeze domestic revenues

DOULOT AKTER MALA | 2023-08-01 00:00:00

Decline in import of commodities and local manufacturing pulled Bangladesh's domestic tax-revenue growth down the average, to 10 per cent, in the past fiscal, and such "setback" is predicted to prolong for poll unrest. According to central bank data, the...

Most MNCs post profit growth, riding out inflationary storm

BABUL BARMAN | 2023-08-01 00:00:00

During the first half of this year, most listed multinational companies (MNCs) posted impressive profit growth compared to the same period last year due to efficient management, strong brand value and product-price increases. Despite pinching inflation affecting people's purchasing power,...

Move to designate them for storing exportable agricultural items

REZAUL KARIM | 2023-08-01 00:00:00

In an effort to streamline the shipment of fresh agri produce and bolster export revenues, the government has initiated measures to restrict the usage of six BADC cold stores near Dhaka airport as warehouses, according to sources.The decision comes in...

New enemy of tiger

Syed Fattahul Alim | 2023-08-01 00:00:00

There is bad news for tigers. When the World Tiger Day was being observed, an unsettling report on tigers also came to light. Through a recently completed research, it has been found that Bangladesh is a centre for poaching of...

Metro Rail company fined Tk 3.5m for loan payment delay

SYFUL ISLAM | 2023-07-31 00:00:00

The Finance Division has fined Dhaka Mass Transit Company Ltd (DMTCL), the government-owned company responsible for operating Dhaka Metro Rail, Tk 3.5 million for delay in making payment of loan instalment, officials said.To build the MRT Line-6, the country's first...

Tax exemptions deliver little goods

DOULOT AKTER MALA | 2023-07-31 00:00:00

Direct-tax exemptions aimed at cooling overheated market and incentivizing industries and investment cost the public exchequer around Tk 3.0 trillion in the past fiscal, to little avail though, sources say.Latest available official data show growth in investment in proportion to...

Cry of the soul in a soulless city

Neil Ray | 2023-07-31 00:00:00

Primary evidences point to, according to the police, suicides together by a day labourer and his wife, a domestic help, whose bodies were found hanging from the roof of a rented tin-shed room in East Rampura on Wednesday last. The...

Challenges facing nation on economic front

Syed Fattahul Alim | 2023-07-31 00:00:00

The US-based international credit rating agency, Moody's, in May downgraded Bangladesh's sovereign rating to B1 from its previous rating at Ba3. Notably, since this US Financial Service company began its credit rating for Bangladesh in 2010, it was the first...

BD goes great guns to strike FTAs

SYFUL ISLAM | 2023-07-29 00:00:00

Bangladesh attains a good going towards striking free-trade agreements (FTAs) with some countries having significant bilateral trade, as the nation braces for post-graduation loss of market-access preferences, officials said.Among the countries having close trade ties with Bangladesh and approached for...

Govt moves to explore direct export market

REZAUL KARIM | 2023-07-29 00:00:00

With the surplus production capacities of garment accessories and packaging products, Bangladesh is making efforts to explore export potentials of the items worldwide.The government has asked the country's 18 missions abroad to explore potentials to increase earnings from the subsector...

Urban tenancy with many facets

Nilratan Halder | 2023-07-29 00:00:00

The love-hate relations between house owners and tenants in this metropolis, other metropolises and municipalities are too unmistakable to escape notice. Not many owners of residential accommodations are entirely dependent on rents from tenants but certainly some are. Yet the...

How the global economy is faring?

Hasnat Abdul Hye | 2023-07-29 00:00:00

These are parlous times for global economy, buffeted by shock after shock, as cause and effect, often overlapping each other. Governments with their fiscal policies and central banks with monetary instruments are struggling to keep their economies on an even...

No headway in Tk 300b project in two years

MUNIMA SULTANA | 2023-07-28 00:00:00

Bangladesh Railway (BR) could not make any headway to convert the metre-gauge lines of the Dhaka-Chattogram section into dual-gauge ones in the last two years since getting necessary approval to the project.Sources said the Planning Commission gave nod to the...

Customs locks UNHCR BIN

DOULOT AKTER MALA | 2023-07-28 00:00:00

Bangladesh customs has locked the business-identification number (BIN) of the United Nations refugee agency for alleged deviations regarding imported cars, thus suspending its goods-release permission. Senior customs officials said they detected irregularities involving the use of 46 vehicles the United...

MRA warns MFIs against running profit-making enterprises

ISMAIL HOSSAIN | 2023-07-28 00:00:00

The Microcredit Regulatory Authority (MRA) has warned microfinance institutions (MFIs) that they will face stern action if they run any profit-making enterprises other than microcredit operations.In a recent circular, the MRA said it had come to its attention that some...

Europe and America now feel the heat

Nilratan Halder | 2023-07-28 00:00:00

Scientists from the World Weather Attribution group finds that the current heat waves sweeping parts of Europe and North America would have almost been impossible but for the human-caused climate change. In the new rapid analysis of extreme temperatures, the...

Construction of Bay Terminal likely to begin this year: CPA

NAZIMUDDIN SHYAMOL | 2023-07-27 00:00:00

CHATTOGRAM, July 26: The construction of the long-awaited Bay Terminal of Chattogram seaport is likely to begin this year, hopes its implementing agency, the Chittagong Port Authority (CPA).Land acquisition for the Bay Terminal is yet to be completed because the...

Volvo Eicher to remain No. 1 bus in BD market

ISMAIL HOSSAIN | 2023-07-27 00:00:00

"Volvo Eicher bus is the number one in Bangladesh market, and it will remain the number one here," said SS Gill, a top executive of VE Commercial Vehicles Ltd (VECV), a joint venture of Volvo Group and Eicher Motors Ltd....

Wang Yi, Qin Gang . . . and foreign ministers' tales

Syed Badrul Ahsan | 2023-07-27 00:00:00

Wang Yi, the senior Chinese diplomat, is back in his old job as his country's foreign minister. He replaces his successor Qin Gang, who was in the job for slightly over six months. In the past few weeks, there has...

Highest growth in pricey edible oil taxes

DOULOT AKTER MALA | 2023-07-26 00:00:00

Consumers of pricey edible oils contributed the highest growth of 241.30 per cent in government's VAT collection last fiscal as banks managed some increase while insurers were negative among large corporate taxpayers. Officials, however, say the financial year (FY) 2022-23...

Daily wasteful lifestyles that go unnoticed

ASMA-UL-HUSNA | 2023-07-26 00:00:00

Have you ever noticed how much of our resources get wasted because of our silly habits? Once you start seeing it, the list gets bigger and bigger. Think about how often you have left the faucets running while brushing your...

Govt to form authority to execute maritime codes

SYFUL ISLAM | 2023-07-25 00:00:00

The government is going to form a "competent authority" to regulate safe handling of dangerous goods and solid bulk cargoes carried through seaways, officials said.The authority will be tasked with the responsibility of strictly implementing the codes on International Maritime...

Taking food security centre stage

Syed Fattahul Alim | 2023-07-25 00:00:00

Russia's withdrawal from the Black Sea Grain Initiative (BSGI), the deal that allowed shipment of Ukrainian food grains to the rest of the world, is evidently going to leave its negative impact on the world's food grains market. For the...

Fighting two existential enemies at a time

Syed Fattahul Alim | 2023-07-24 12:00:00

The entire world is burning as extreme heatwaves are sweeping across the continents. The global average surface temperatures have hit all-time highs this July and scientists believe such levels of temperatures might also be the highest ones during the last...

NBR pulls plug on Saif Logistics off-dock project

DOULOT AKTER MALA | 2023-07-24 00:00:00

The National Board of Revenue (NBR) has revoked the licences of Saif Logistics Alliance Limited (SLAL) to construct and operate a new multi-modal container terminal at the Chattogram seaport following allegations of irregularities.The move came just three days after giving...