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Introducing innovations: ultimate game changer for Bangladesh agriculture

Abdul Awal Mintoo | 2023-06-28 00:00:00

For Bangladesh, increasing agricultural productivity is undoubtedly of fundamental importance right now because 45 per cent of working age population is still directly employed in agriculture, while another 15 per cent in the non-farm sector which depends on agricultural sector....

EBL to purchase exchange house in Dubai to expand forex services

BABUL BARMAN | 2023-06-27 00:00:00

Eastern Bank Ltd (EBL) has decided to purchase an exchange house in Dubai to boost forex inflow through its banking channel. The bank's board has already approved the purchase considering what Ali Reza Iftekhar, managing director of the lender, said...

A mother and her child who could be saved

Syed Fattahul Alim | 2023-06-27 00:00:00

Death of a mother or a child during childbirth is not rare, if not common in modern times. That can happen both during normal delivery and when it is done through Caesarian section, or in short, C-section. But it is...

Plant breeding: an ingenious human innovation

Abdul Awal Mintoo | 2023-06-27 00:00:00

Amid the growing world population, the shrinking arable land and global challenges like climate change, the need for resource-efficient farming systems is becoming absolutely vital to feed the booming population. This is possible only through innovations in plant breeding. The...

Taxmen turn judges to try tax-dodgers

DOULOT AKTER MALA | 2023-06-26 00:00:00

Taxmen will act as judges too as Bangladesh's new income-tax law vests in them judicial power to try tax delinquencies, for the first time, in government bid to enhance revenue. The tax collectors can pronounce 'verdict' in the fashion of...

Girl courageous

Neil Ray | 2023-06-26 00:00:00

It takes limitless self-confidence and courage to do what a teenage girl of class IX in Khoksa, Kushtia has done. Within two hours of her marriage to a man of 25 in a neighbouring village, she fled the groom's house...

Will Paris pledges on climate finance deliver?

Syed Fattahul Alim | 2023-06-26 00:00:00

Amid slogan-chanting climate activists' threat to transform the Eiffel Tower into a wind turbine, the two-day Global Climate Finance summit in Paris closed on Friday (June 23) last week. It ended with the usual high hopes of helping the poor...

Individual investors' getting access to T-bond auctions just the start of a vibrant bond market

Mohammad Mufazzal | 2023-06-25 12:00:00

The guidelines by the securities regulator for general investors to participate in primary auctions of T-bonds would increase their accessibility of such securities but would not help the bond market thrive. In the "process flow" published on Thursday, the Bangladesh...

Digital Hut fears 20pc drop in sales as Covid wanes

Ismail Hossain | 2023-06-25 00:00:00

Digital Hut, a seasonal online marketplace facilitating trades of sacrificial animals, fears that its sales may decline by 20 per cent this year as Covid-19 subdued, putting open space cattle markets back in business. Launched in 2020 during the peak...

Better connectivity transforming the south

MUNIMA SULTANA | 2023-06-25 00:00:00

A year since the momentous opening of Bangladesh’s first self-financed mega Padma Bridge, the nation has witnessed an impressive surge in traffic, surpassing initial expectations. According to the Bangladesh Bridge Authority (BBA), the executing agency behind the $3.0 billion Padma...

Finance Bill set to forsake Tk 2000 blanket tax

DOULOT AKTER MALA | 2023-06-25 00:00:00

Parliament is set to pass the Finance Bill 2023 today (Sunday) with the much-debated provision for Tk 2000 proposed as blanket individual income tax finally forsaken, officials said.A specific duty on import of fuel oils may also be scrapped by...

Where should Bangladesh build its next tertiary-care hospital?

Hasnat M Alamgir | 2023-06-25 00:00:00

The government of Bangladesh has been building tertiary care hospitals to meet the complex and critical healthcare needs of the population. With growing health awareness, higher income levels and literacy rates in general, and increasing life expectancy in particular, people...

Bangladesh should see climate budget through a different lens

Haseeb Md. Irfanullah | 2023-06-25 00:00:00

Every year, Bangladesh's Finance Division prepares and publicly discloses climate-relevant allocations for 25 ministries and divisions. Traced back to the financial year 2015-2016 (i.e., FY2016), it's exciting to see that climate budgets have been 7.3 - 8.6 per cent of...

Current challenges

Md. Abdul Jabbar | 2023-06-24 00:00:00

We are currently facing many challenges. As a result of the shortage of foreign exchange reserves, electricity, gas, etc., the life of common people has become miserable, a deadlock-like situation has been created in trade and commerce. The unemployment rate...

Of animal sacrifice and locally grown cattle

Nilratan Halder | 2023-06-24 00:00:00

There is hardly any occasion other than the Eid-ul-Adha for which farmers --- cattle raisers to be precise --- take such a long preparation for marketing the saleable. Most varieties of agricultural produce takes a year at best to be...

Ctg Ring Road project schedule extended again

NAZIMUDDIN SHYAMOL | 2023-06-24 00:00:00

CHATTOGRAM, June 22: Cost and time of the project to construct the Coastal Road, popularly known as Ring Road, have been extended again.The road construction was almost completed. But, the Chattogram Development Authority (CDA) is going to construct a junction...

Indian cargo subject to 15pc VAT

DOULOT AKTER MALA | 2023-06-23 00:00:00

Traders carrying transit and transshipment goods from India through Bangladesh have to pay 15-percent VAT under the bilateral water-transit protocol as an instruction has been issued to this effect. Sources said the value-added tax or VAT would be imposed on...

Ctg port to lease out container terminals to foreign operators

NAZIMUDDIN SHYAMOL | 2023-06-23 00:00:00

CHATTOGRAM, June 22: The Chittagong Port Authority is now set to lease out two container terminals, which include the New Mooring Container Terminal (NCT) and Patenga Container Terminal (PCT), to foreign operators. The move focuses on introducing competition among terminal...

New education curriculum in a shambles

Nilratan Halder | 2023-06-23 00:00:00

A post-haste introduction of any system, much as its merit may be, not only fails to achieve the desired results but may also be counterproductive. The introduction of the new education curriculum looks all set to embrace the latter fate....

8 cos to be downgraded to Z category for failing to pay dividends for FY22

MOHAMMAD MUFAZZAL | 2023-06-22 12:00:00

Eight companies of the DSE's main board are going to be downgraded from A and B category to Z category for failing to pay the dividends that the boards declared and got approved by the securities regulator for FY22. The...

Exploring the first and second rounds of INTERN 2023

ZANNATUL SAMARUKH ELMA | 2023-06-22 12:00:00

The IUT Career and Business Society (IUT CBS) is hosting 'INTERN 2023', an event aimed at fostering and empowering the entrepreneurial aspirations of students at the Islamic University of Technology (IUT). This intra-IUT novice case competition, now in its fifth...

Inspiring youths with success stories and mentorship

MOHSINAT AHMED LABONI | 2023-06-22 12:00:00

“This journey of us is an endeavor of stacking all the beautiful picturesque stories of inspiring lives together in a place," so says the motto of Short Stories platform on Facebook. Starting its journey from 2021 to this date, it...

CCC declares Tk 18.87b budget for FY 24

NAZIMUDDIN SHYAMOL | 2023-06-22 00:00:00

CHATTOGRAM, June 21: Chattogram City Corporation (CCC) ann-ounced its annual budget of over Tk 18.87 billion for the fiscal year (FY) 2023-24 on Wednesday. CCC Mayor Rezaul Karim Chowdhury announced his third budget, providing detailed data on the city's past,...

The Titanic, a submersible ... and voices of the dead

Syed Badrul Ahsan | 2023-06-22 00:00:00

The news is distressing. As we write, an OceanGate Expeditions submersible, with five people on board, has gone missing. Frantic efforts are on to locate the machine, which was meant to carry those five people to the vicinity of the...

Not only exporters, importers too will benefit from market-driven exchange rate

BABUL BARMAN AND MOHAMMAD MUFAZZAL | 2023-06-21 12:00:00

All businesses are expected to benefit from market-driven exchange rate even if that entails a further devaluation of the taka against the dollar. Market experts, economists and asset managers unanimously welcome the central bank's move to allow the currency to...

Dev projects line up for revision amid dollar-driven cost overruns

SYFUL ISLAM | 2023-06-21 00:00:00

Development expenditure in Bangladesh is set shoot beyond limits as projects line up for revision following mainly dollar-driven cost overruns as the taka loses value to the costly US currency.Officials said most of the project-evaluation committee (PEC) meetings at the...

SAARC Food Bank in focus

YASIR WARDAD from Kathmandu, Nepal | 2023-06-21 00:00:00

The SAARC Food Bank should be activated as a regional approach to deal with the crisis relating to food security in South Asia (SA).Apart from the SAARC (South Asian Association for Regional Cooperation), another regional entity, named BIMSTEC (Bay of...

Concerns over cumulative corporate-tax buildup

DOULOT AKTER MALA | 2023-06-20 12:00:00

Concern brews about cumulative corporate-tax buildup from ancillary fiscal measures under the new income-tax law Bangladesh is poised to pursue, while redefining NGOs and academia as corporates is also decried. The Income Tax Law 2023 might come into antedated effect...

The flying rivers

Akber (AL) Hakim | 2023-06-20 12:00:00

"Flying Rivers" are a phenomenon discovered above the treetops of the Amazon rainforest where water vapor flows in narrow bands extending several thousand kilometers across the sky. The term was coined by Peruvian climatologist José Marengo and is also known...

Brood fishes release eggs in Halda -

NAZIMUDDIN SHYAMOL | 2023-06-20 00:00:00

CHATTOGRAM, June 19: The brood fishes started releasing fertilised eggs in the early hours of Monday in Halda River, the lone natural spawning centre for carp fishes in the country. Earlier, fishes released sample eggs in the water of Halda...