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Fortune still favours bankers as spread remains same

SIDDIQUE ISLAM | 2021-09-27 00:00:00

Fortune favours the bankers as the spread remains same though they cut interest rates both ways-on deposits and lending-to match current realities. Banking sources said the interest-rate spread remained unchanged in August 2021 as the banks cut their both deposit...

Plight of kindergarten schools

Neil Ray | 2021-09-27 00:00:00

The news was most touching. A kindergarten teacher lost her husband to Covid-19 and had to return to her parents who adopted her from an orphanage located in Dhaka's Sadarghat area years ago. Her school was closed and had nothing...

BIN woes betide small businesses

DOULOT AKTER MALA | 2021-09-26 00:00:00

The VAT call centre to support businesses with an instant solution has remained closed since July 2021, much to the unwary tradespeople's ordeal of adopting the new automated VAT system.Opened in December 2016 by the then finance minister AMA Muhith,...

Number of Jan-Sept IPOs decade-high

BABUL BARMAN | 2021-09-26 00:00:00

Private companies have offloaded primary shares worth Tk 10 billion in nine months during January-September 2021, the highest amount in a decade, amid virus-induced sluggish economic activities.The country's capital market witnessed 11 initial public offerings (IPOs) in the first nine...

Unbalanced recovery of economy

Asjadul Kibria | 2021-09-26 00:00:00

Despite being hit by the second wave of the ongoing pandemic, Bangladesh economy is now rebounding gradually. The reality is reflected in several macroeconomic indicators. National and international organisations have also acknowledged the rebounding of economic growth. Global economic growth...

China looks to random check

REZAUL KARIM | 2021-09-25 00:00:00

China wants to do random inspection on the exporting firms of Bangladeshi aquatic creatures like live crab and eel with intent to scrutinise compliance requirements, officials said.To this end, Plant and Animal Quarantine Depa-rtment of the General Administration of China...

Talks on Japan trade pact get fresh push

SYFUL ISLAM | 2021-09-25 00:00:00

Bangladesh moves to hold talks with Japan on the spadework for striking a much-envisaged free-trade agreement (FTA) or a preferential-trade agreement (PTA) with the developed Asian nation. Officials said the initial discussion would take place later this month on a...

Stocks trade mixed as investors turn cautious

BABUL BARMAN | 2021-09-25 00:00:00

Stocks posted a moderate rise in the outgoing week, after a single-week break, with investors maintaining a cautious stance amid high volatility.Week on week, the benchmark DSEX index of Dhaka Stock Exchange (DSE) edged up 22.29 points or 0.31 per...

Saying no to too much of consumerism, aging gracefully

Nilratan Halder | 2021-09-25 00:00:00

At a time when consumerism is at its filthiest and vilest, the prime lesson from rampaging coronavirus could have been to live with the barest minimum. But the human race that takes exaggerated pride in its ability to lord over...

A pioneering work on renewable energy in Bangladesh

Helal Uddin Ahmed | 2021-09-25 00:00:00

Although the Government of Bangladesh had planned to source 10 per cent of total electricity generation from renewable energy by 2020, the achievement was only 3 per cent within that deadline. That target has now been reset for 2025, with...

e-commerce in troubled waters

Syed Fattahul Alim | 2021-09-25 00:00:00

The names like Evaly, Eorange, Dhamaka have recently been in the headlines, but for the wrong reason. For those names are being equated with cheating. Posing as e-business platforms, they took millions of taka in advance from their unsuspecting customers...

A case for smart newsreading

Syed Badrul Ahsan | 2021-09-25 00:00:00

A newscaster at one of the television channels abroad reportedly lost her job not very long ago because she made a mess of the name of the Chinese President.One wonders if she was entirely to be blamed for the faux...

STEM education and careers -- equal participation of girls & women

Laila Khondkar | 2021-09-25 00:00:00

The recognition of Dr Firdausi Qadri's lifelong contribution to scientific research is a cause for huge celebration, especially when underrepresentation of women and girls in workforce and higher education in the fields of Science, Technology, Engineering and Mathematics (STEM) remains...

Is coronavirus on its way out?

Nilratan Halder | 2021-09-24 12:00:00

With the rate of Covid-19 infection plummeting below 5.0 per cent in the country, the general notion is that the virus is on its way out. But the latest surge ---although not alarming --- in many of the European countries...

Economic recovery ‘on track’

Siddique Islam | 2021-09-24 00:00:00

The central bank sees a possible broad-based economic recovery in the near future due to improvement in Covid situation and wider reopening. It, however, warned of lurking downside risks from both internal and external fronts. In its latest quarterly review...

Roars that prove hollow in the end

Shamsul Huq Zahid | 2021-09-24 00:00:00

Very often, the top notches of major local government entities come out roaring in the matters of taking actions against the people encroaching on roads, pavements and canals or operating battery-run rickshaws. Unfortunately, in most cases, their roars soon turn...

Govt issues automobile policy with fiscal perks

Doulot Akter Mala | 2021-09-23 00:00:00

The government has issued the country's first-ever automobile policy for the next ten years with a bunch of fiscal and other incentives, aiming to launch 'Made in Bangladesh' brand worldwide.With a vision to build Bangladesh as a regional hub of...

How to take a ride on Dhaka metro

MUNIMA SULTANA | 2021-09-23 00:00:00

A mock public run of Dhaka metro happens soon to show passengers how to take such a sophisticated rail ride through hands-on demonstration on methods of getting in a station, taking ticket, and ascending and descending from trains. Officials say...

Tax receipts from DSE up 82pc in July-August

BABUL BARMAN | 2021-09-23 00:00:00

Bullish capital market helped the government to collect higher revenue from the Dhaka Stock Exchange (DSE) as month-on-month tax collection soared 74 per cent in August riding on higher trading activities.Market analysts said on the back of rising trading volume,...

Preparation for semester exams

Tofael Mahmud | 2021-09-23 00:00:00

As universities are reopening and academic activities are starting to take place, pending examinations have started to take place. Exams come with a lot of mental pressure, especially during the pandemic. Still some people make good results with all the...

Inspiring story of Mashfique Khalid

Sirajum Munira Tuli | 2021-09-23 00:00:00

Those who have studied business studies or related disciplines will be familiar with the name Seth Godin and his books on marketing. One of his books All Marketers Are Liars is the third in a series of books on 21st...

Covid-19's impact on evolving labour markets

David Newhouse and Michael Weber | 2021-09-23 00:00:00

Even a year and a half after lockdowns started to go into effect, it's difficult to get a clear picture of the impact of the Covid-19 pandemic on the Global South. Face-to-face data collection has been suspended in most of...

Geopolitics of foreign aid

Helal Uddin Ahmed | 2021-09-23 00:00:00

Western countries often accuse China of pursuing 'debt-trap diplomacy', especially with regard to low and middle-income nations. Originally coined by the Indian academic Brahma Chellany in early 2017, 'debt-trap diplomacy' describes a situation where a lending country attempts to lure...

NBR automates diplomatic bonded warehouse facility

DOULOT AKTER MALA | 2021-09-22 00:00:00

The National Board of Revenue (NBR) has brought diplomatic bonded warehouse (DBW) facility under automated system in a bid to ensure speedy services to the diplomats and check abuse of the duty-free import.People having DBW have to follow the new...

Active BO accounts down 33.51 per cent

Mohammad Mufazzal | 2021-09-22 00:00:00

Number of active BO (beneficiary owner's) accounts declined 33.51 per cent in nearly last four months mainly because of reduced scope of applying for IPO (initial public offering) shares, insiders said.The number of active BO accounts was 2.66 million on...

Commodities costlier as BDT falls vs dollar

SIDDIQUE ISLAM | 2021-09-21 00:00:00

Bangladesh Taka (BDT) has depreciated by 50 poisha against the US dollar during the past one month, making imports costlier and heating up the commodity market.Economists and businesses said depreciation of taka coupled with soaring prices of some essential commodities...

Possibility looks bleak as compliance issues crop up

SYFUL ISLAM | 2021-09-21 00:00:00

Diplomats and trade officials see a bleak possibility of striking a free-trade area (FTA) agreement between Bangladesh and the United States as political and compliance issues may stand as deterrents.They, in this context, pointed out that the US did not...

Corona caregivers create new career option

Munima Sultana | 2021-09-21 00:00:00

When corona has hit many businesses hard to go for financial aid from the government for survival, a new service of care-giving emerged as a career choice for those who are in need. It comes as a blessing in disguise...

How can carbon pricing contribute to post-covid-19 recovery?

Katinka Weinberger, Aneta Nikolova, Dawn Holland, and Hannah Muthoni Ryder | 2021-09-21 00:00:00

Looking beyond the pandemic, climate change poses the single most important threat to the regional economy, livelihoods and the natural environment in Asia and the Pacific. According to the most recent report from the Intergovernmental Panel on Climate Change, global...

Secret of Vietnamese miracle

Syed Fattahul Alim | 2021-09-21 00:00:00

At a recent discussion in the city held virtually, economists, business leaders and others set Vietnam's economic success story as an example for Bangladesh to emulate. Titled, 'Vietnam's Superb Export Performance: Lessons for Bangladesh', the webinar's discussants dwelt at length...