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Akash DTH to get spectrum charge waiver of Tk 111.56m

ISMAIL HOSSAIN | 2021-10-17 00:00:00

Bangladesh Telecommu-nication Regulatory Commission (BTRC) has decided to waive Tk 111.56 million as spectrum charge of Beximco's direct-to-home (DTH) satellite service Akash for a one-year period. As per the decision, spectrum charge of Bangabandhu Satellite-1 will be completely waived for...

Need for coordinated effort to fight inflation

Asjadul Kibria | 2021-10-17 00:00:00

Inflation across the world is spreading to a good number of goods and services. That's why International Monetary Fund (IMF), in its latest World Economic Outlook (WEO) last week, cautioned that higher inflation would likely continue in the coming months...

Ban on edible oil transport thru drums from next yr

REZAUL KARIM | 2021-10-16 00:00:00

The government is set to ban the transportation of edible oil through drums from March next year, aiming to ensure its marketing in packaged forms on the domestic market, officials said.Currently, around 70-per cent soybean oil is sold in unpacked...

Raising first brigade of Dhaka metro operators resumes

MUNIMA SULTANA | 2021-10-16 00:00:00

Raising the first brigade of Dhaka metro operators now resumes, after a long lapse for corona invasion, with their training from abroad to run the first MRT-line train. Officials say the move to develop the first team to operate and...

Evergrande debacle and its global impact

Md Shakil Ahmad | 2021-10-16 00:00:00

In our interconnected world, when any "too big to fail" company faces a precipitous decline in its share price, the ripple effect is felt everywhere, and when that company is Evergrande with asset worth equivalent to 2% of the world's...

What OBOR means for Bangladesh

Md Mazadul Hoque | 2021-10-16 00:00:00

In today's world, the way of doing business is changing fast. Economic corridors as a vehicle of trade expansion are drawing much of the attention these days. It is easier to enter international markets through economic corridors. Bangladesh is also...

Nostalgia for a long lost world

Nilratan Halder | 2021-10-16 00:00:00

Why do people in the advanced age get nostalgic? The memories that flash appear to be conversely of the earliest childhood in proportion to one's days are numbered. What is most intriguing is that some faces, incidents and characters one...

Islamic bonds in developing countries

Mohammad Mushfiqul Haque Mukit | 2021-10-16 00:00:00

Sukuk or Islamic Bonds are a new investment product in Bangladesh for a variety of investors. A financial instrument controlled by Islamic Shariah law is known as a Sukuk. It differs from a traditional investment in that it does not...

The study of land law: past, present and future

Mohammad Towhidul Islam | 2021-10-16 00:00:00

The study of land law or in the wider sense, property law plays an important role in establishing the right of persons - natural or legal to own, possess, maintain, and transfer the immovable property meaning land, water, building or...

Autocrats have always access to the White House

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-10-16 00:00:00

Since the end of World War II, the United States has been acclaimed as the leader of the Democratic world upholding multiparty democracy, freedom of expression, civil liberty and freedom of press. It was lavishly providing economic assistance to countries...

Has Facebook crossed the line?

Syed Fattahul Alim | 2021-10-16 00:00:00

Former Facebook data scientist and product manager, Frances Haugen, has revealed that crass profit motive is what drives the social media platform. To quote Reuters, Ms Haugen said, " the company's leadership knows how to make Facebook and Instagram safer,...

BRTC: A bottomless transporter

Shamsul Huq Zahid | 2021-10-15 00:00:00

The Bangladesh Road Transport Corporation (BRTC) abhors old buses. Instead of spending time and money on their maintenance and repair, the state road transporter is more interested in importing new ones. A visit to its bus depots in different areas...

Behind 'blackout' of foreign TV channels

Nilratan Halder | 2021-10-15 00:00:00

Ever since the arrival of television in people's drawing rooms in the 60's, it has undergone radical transformation. From black to colour, from box shape to flat screen, from light emitting diode (LED) to organic light emitting diode (OLED) to...

Potential sources of recent bank deposit growth

Md. Ezazul Islam, Md Rashel Hassan and Md. Abdus Sobhan | 2021-10-15 00:00:00

Bank deposits play an important role in the financial intermediation process in the financial system of Bangladesh. Banks transform deposit liabilities to assets by making loans and advances. In Bangladesh, like many other developing economies, bank deposits remain the predominant...

Fresh pacts ahead as PPP funding barren

MUNIMA SULTANA | 2021-10-14 00:00:00

Fresh financing agreements are set to be signed with banks and financial institutions following the expiry of previous deals sans successful funding of any PPP projects in the last five years under the latest economic model.Officials said the Public-Private Partnership...

Shadow of false optimism in toxic positivity

Ipshita Maliat Rahman | 2021-10-14 00:00:00

"When I was growing up, I heard a lot about how being negative towards yourself could damage your self-esteem. So I was overly conscious of not being negative in anysituation. I started justifying my scarily falling grades with no valid...

Career prospect of studying finance

Tofael Mahmud | 2021-10-14 00:00:00

Finance is believed to be what economics is to social sciences. It primarily focuses on human decision making with more sophisticated tools than what economics uses.From career perspectives, in a world largely reliant on business and technology, finance is one...

Planning for post-pandemic world

David Allen | 2021-10-14 00:00:00

Nearly a year and a half into the pandemic, the global economy is primed for a robust resurgence, but only a third of emerging market and developing economies are expected to recapture their pre-pandemic per capita income. As the pandemic...

Dual approval, delays hinder SoBs' business expansion

SYFUL ISLAM | 2021-10-13 00:00:00

Aspired business expansion of state-owned banks (SoBs) is held back by the introduction of 'dual approval' mandate and a 'go-slow' policy pursued by government authorities, official sources said.Due to such policy hurdles, the opening of new branches, relocation of existing...

Who cares what telcos serve?

ISMAIL HOSSAIN | 2021-10-12 00:00:00

The country's mobile network operators (MNOs) are growing steadily but precariously as they are still ill-equipped with inadequate resources against a larger subscriber base, not caring about compliance issues.In an internal study, the Bangladesh Telecommunication Regulatory Authority (BTRC) has recently...

BR makes contradictory moves

MUNIMA SULTANA | 2021-10-12 00:00:00

The Bangladesh Railway (BR) has taken a move to purchase 54 metre-gauge (MG) passenger carriages -- to operate exclusive luxurious tourist trains from Dhaka to Cox's Bazar -- despite its plan to convert the MG lines into broad-gauge (BG) ones.Sources...

Che Guevara: 'the most complete human being of our time'

Syed Badrul Ahsan | 2021-10-12 00:00:00

Fifty four years ago, on 9 October 1967, Ernesto Che Guevara was murdered in the Bolivian village of La Higuera. Trapped a day earlier by Bolivian soldiers in the jungles near the village, thirteen days into the siege he and...

Awarding the struggle for truth

Syed Fattahul Alim | 2021-10-12 00:00:00

This year's Nobel Peace Prize has gone to two journalists. The chairwoman of the Norwegian Nobel Committee, Berit Reiss-Andersen, while awarding the journalist duo, Maria Ressa and Dmitry Muratov, 2021's Nobel Peace Prize, said the pair were being honoured "for...

Snarls causing sufferings to port city-dwellers

NAZIMUDDIN SHYAMOL | 2021-10-11 00:00:00

CHATTOGRAM, Oct 10: Traffic congestion, which has become a regular phenomenon in the port city in the last few months, is causing sufferings to the city-dwellers, including traders, students and office goers.Business people said the snarl causes huge losses to...

The net that poses threat to local fish

Neil Ray | 2021-10-11 00:00:00

At a time when local fish varieties have been depleting fast, the use of what is known as Gill or Current net has only expedited the process. To add to the danger, another fishing net called China net or Darki...

After the virus, come soaring prices

Shamsul Huq Zahid | 2021-10-11 00:00:00

It's Covid time. Life has never been so difficult. Families have lost their near and dear ones to the deadly virus---SARS-CoV-2. People in their thousands fought a hard battle with the pathogen and survived. Millions lost their jobs and sources...

Bus route franchise piloting from Dec 01

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

The Dhaka Transport Coordination Authority (DTCA) has drafted an interim policy to pilot the bus route franchise (BRF) service from Ghatarchar to Katchpur from December 01.Sources said the 'BRF Piloting Policy 2021' would help the owners of over 120 buses...

Excise duty receipts swell on banks' deposit surge

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

Excise-duty collection for government exchequer from principal amounts of bank depositors swelled amid a surge in deposits and expansion of banking sector in Bangladesh. Two cardinal financial factors are being cited by analysts for certain classes of people keeping money...

Meghna Bank to raise Tk 1.50b through IPO

Siddique Islam | 2021-10-10 00:00:00

Meghna Bank Limited is diversifying its investment portfolios with focus on retail and small and medium enterprises (SME) business to minimize risk, the bank's top executive has said.Under the plans, the investment in retail and SME will reach at 50...

A roadmap for global peace and justice

Delwar Hossain | 2021-10-10 00:00:00

The 18th Speech of the Bangladesh Prime Minister Sheikh Hasina at the largest stage of global diplomacy, the United Nations General Assembly (UNGA), is a testimony to global justice and peace. Forty-six years ago, Father of the Nation, Bangabandhu Sheikh...