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People's names -- confusion that needs to be shed

Mohammad Towhidul Islam | 2021-10-27 00:00:00

Venue 1: John F. Kennedy International Airport, New York, USAAn immigration officer, while checking the passport of a passenger saw that his name began with 'MD'. He asked the passenger if he was a medical doctor; the passenger replied in...

Economy has started a turnaround

A H M Mustafa Kamal | 2021-10-27 00:00:00

After achieving above 7.0 per cent growth since FY 2015-16 to three consecutive years, Gross Domestic Product (GDP) growth in Bangladesh has reached 8.15 per cent in FY 2018-19. This feat of achieving continued growth in Bangladesh's GDP has been...

New private ICD gets NBR approval

DOULOT AKTER MALA | 2021-10-26 00:00:00

The National Board of Revenue (NBR) approved a new private inland container depot (ICD) in a bid to enhance container-handling capacity in the Chattogram Port.The ICD would be set up at an estimated cost of Tk 3.0 billion. It is...

A simple way to protect consumers

Arpita Sarkar, Helen Luskin Gradstein, Imtiaz Ul Haqe and Doardo Totolo | 2021-10-26 00:00:00

Lack of trust in financial institutions is a key barrier to financial inclusion in many sectors. Disclosure and transparency are keys to building trust in the financial system. Misleading advertising and sales practices, along with low levels of financial literacy,...

Dealing with soaring prices of essentials

Shamsul Huq Zahid | 2021-10-25 12:00:00

Is there none to listen to the consumers' voice? One of the country's leading Bengali dailies wrote in its editorial on Friday last while commenting on the latest hike in edible oil prices. Going by the developments in the kitchen...

Dhaka’s no to further cut in customs charges

SYFUL ISLAM | 2021-10-25 00:00:00

Bangladesh held back from agreeing to cut customs charges further for India's use of Chittagong and Mongla seaports as transhipment routes for transporting cargoes to its landlocked northeastern states, officials said.At the same time, no decision is taken regarding amendment...

MRT extension work may be awarded sans bidding

MUNIMA SULTANA | 2021-10-25 00:00:00

Dhaka metro-rail company is likely to award the construction works on an extended part of the Mass Rapid Transit line 6 (MRT 6) to any of the already-hired contractors to save the time of tendering process.Official sources say as the...

Karnaphuli capital dredging to end by next July

NAZIMUDDIN SHYAMOL | 2021-10-25 00:00:00

CHATTOGRAM, Oct 24: More than 60 per cent of works of capital dredging of Karnaphuli River have been completed after the project was started afresh by Bangladesh Navy in April this year, sources said.Stopped multiple times in the last three...

Govt moves to build central rawhide storage in Savar

REZAUL KARIM | 2021-10-25 00:00:00

A move is underway to establish a central storage facility in Savar industrial hub to help ensure fair prices and quality of rawhides and skins as well as for proper management of the items, officials said.The Bangladesh Small and Cottage...

FSIBL sets lofty goals banking on digital tech

ISMAIL HOSSAIN | 2021-10-25 00:00:00

First Security Islami Bank Limited (FSIBL) is shifting its focus to small businesses and small deposits through introducing new and innovative products and services using digital technologies, the bank's top executive said.The Shariah-based Islamic bank has also put emphasis on...

How to fight COVID vaccine misinformation?

Stephan Lewandowsky and Philipp Schmid | 2021-10-25 00:00:00

Opposition to vaccination is as old as vaccination itself. Although vaccines save five lives every minute, and even though 85 percent of children worldwide are vaccinated against diphtheria, tetanus, and whooping cough, some people are resisting the life-saving shots. A...

Nurturing a cricketing prodigy

Neil Ray | 2021-10-25 00:00:00

Not many so young catch the attention of the best in the business. When games and sports are concerned, the maxim, 'catch them young' is prized at its highest. Now, a boy from Barishal still in class-I in one of...

Powell, Rumsfeld, McNamara . . . and their legacy

Syed Badrul Ahsan | 2021-10-25 00:00:00

General Colin Powell's death from Covid-related complications at the age of eighty-four is reason once again for one to go back to recent history. There is little question that Powell was an important establishment figure in the United States, having...

Govt moves to devise strategy for RMG

REZAUL KARIM | 2021-10-24 00:00:00

The government has taken an initiative to devise strategies for the country's apparel sector so that it could face competition and expand its market in the post-LDC graduation era, officials said.They said the Export Promotion Bureau (EPB) of Bangladesh would...

NBR sees 16.72pc growth in Q1 '22

DOULOT AKTER MALA | 2021-10-24 00:00:00

The collection of tax revenue registered a 16.72 per cent growth in the first quarter (Q1) of the current fiscal year (FY) as compared to the same period last FY, thanks to economic reopening after the Covid-induced lockdown.Increased prices of...

First elected Iranian President Bani Sadr had a dream

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-10-23 12:00:00

Abol Hassan Ban Sadr, Iran's first elected president following the Islamic revolution, died in a hospital in France on October 9. He was living in France for the past four decades far away from Iran where he, like many of...

Curb biggest MFS's mkt dominance

Ismail Hossain | 2021-10-23 00:00:00

The Bangladesh Mobile Phone Consumers' Association (BMPCA) has sought intervention of the Bangladesh Competition Commission (BCC) to curtail dominance of the biggest market player in the mobile financial service (MFS) industry. In a memorandum, submitted recently to the commission, the...

Stocks slip on sell-offs

BABUL BARMAN | 2021-10-23 00:00:00

Stocks plummeted for a second consecutive week that ended on Thursday, as jittery investors were on a selling spree, particularly in the first three trading sessions of the week.Although the market ended higher on the last trading day riding on...

Society and world full of conflicts expose raw sore of civilisation

Nilratan Halder | 2021-10-23 00:00:00

The governing instinct in animals is self preservation. But should it clash with self-preserving instinct of others? Until or unless there is an urgency to dominate fellow beings and stake a claim to the lion's share of anything and everything,...

Returning to the old values

Syed Fattahul Alim | 2021-10-23 00:00:00

One need not be a Sherlock Holmes to understand that the incident of placing the Muslim's holiest scripture, the Quran, on a temporary Puja pavilion was ill-intentioned. Also, the masterminds behind the incident have been eminently successful in their design....

Black money shies away tough terms for whitening

DOULOT AKTER MALA | 2021-10-22 00:00:00

The government received a lukewarm response on its black money-whitening scheme during the first quarter of the current fiscal year as it toughened the terms in the budget with mounting taxes, sources said.Investing such undisclosed money in stocks is one...

Success in the fight against hunger

Nilratan Halder | 2021-10-22 00:00:00

The ambivalence about Bangladesh's one notch slip, from 75th to 76th, and still its attaining the moderate level of hunger from the serious for the first time in history are explained by inclusion of more countries in the list in...

Europe's post-pandemic economic challenges

Alfred Kammer | 2021-10-22 00:00:00

Europe has met the Covid-19 pandemic with audacity and imagination and is enjoying a strong but bumpy economic recovery. It now faces two policy challenges: controlling inflation and dialing back fiscal support. While there is considerable uncertainty about inflation, central...

NBR despairs of DSCC deal on householders’ data

DOULOT AKTER MALA | 2021-10-20 00:00:00

The revenue board despairs of a proposed pact with Dhaka city's south administration on sharing householders' data as part of a move for casting wide country's tax net as the latter reportedly demurred.Officials attributed the upset to "indecisiveness" and lack...

MoC asks Daraz not to run 'lottery' programme

SYFUL ISLAM | 2021-10-20 00:00:00

E-commerce platform Daraz Bangladesh Limited, a concern of Chinese conglomerate Alibaba Group, wants to run some programmes that resemble 'lottery'. But the Digital Commerce Operation Guidelines 2021 prohibits such programmes to save consumers from being deceived, officials said.In a recent...

Robi scores highest in sharing towers

ISMAIL HOSSAIN | 2021-10-20 00:00:00

Robi Axiata Ltd has scored the highest in sharing its towers with the tower-sharing companies, achieving the objective of telecom sectors' infrastructure facilities. According to the operator's inside information, Robi has already sold 5,300 towers to the tower-sharing companies to...

An assertive ASEAN?

Syed Fattahul Alim | 2021-10-19 00:00:00

The Association of Southeast Asian Nations (ASEAN), basically an economic bloc, and which usually keeps away from domestic politics of member countries, has finally shown its teeth. At an emergency meeting of the ASEAN foreign ministers held on October 15,...

The Afghan dilemma: to recognise or not to recognise

M A Taslim | 2021-10-19 00:00:00

The United States of America (US) invaded Afghanistan soon after the destruction of the New York Twin Tower on September 11, 2001 (9/11) allegedly by a terrorist outfit Al Queda. Since the top leaders of Al Qaeda were given shelter...

VAT authority detects Islam Oxygen's Tk 610m 'evasion'

DOULOT AKTER MALA | 2021-10-18 00:00:00

The Value Added Tax (VAT) authority, in its initial findings through audit, has detected Tk 610 million alleged evasion by Islam Oxygen Ltd.It has found the mismatch between paid and payable VAT of the oxygen manufacturer and supplier company from...

Plastic pushes potters to the brink

Neil Ray | 2021-10-18 00:00:00

Potters are now a marginalised community. Their main product earthenware has long lost its demand. Pottery artifacts adorn the drawing rooms of a particular class of people and therefore enjoy a limited market mainly in the capital city and other...