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Nine-eleven revisited

Helal Uddin Ahmed | 2021-09-16 00:00:00

The memory of 9/11 returned once again to haunt us.The deaths of thousands of innocent men and women in New York at the hands of some misguided terrorists, who wanted to achieve their heinous objectives through violence still sadden us....

How to tax in Asia's digital age

Era Dabla-Norris, Ruud De Mooij, Andrew Hodge, and Dinar Prihardini | 2021-09-16 00:00:00

Digitalisation -the technology that powers fintech, e-commerce, and online services-enables us to make mobile money transfers, purchase goods and services online, and interact with people across the globe. It has created some of the largest global businesses, such as online...

How 5G can make a difference in education

Sheila Jagannathan | 2021-09-15 00:00:00

5G or fifth-generation wireless technology is the fifth iteration of cellular network operations. The dramatically different wireless technology could redefine the present and future learning experience. 5G's extremely low latency rate means the sending and receiving of information goes from...

Ensuring sustainable development at local level

A K M Mahmudul Haque | 2021-09-15 00:00:00

Sustainable development is viewed as a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. It warns negative environmental consequences of economic growth and globalization, and tries to find...

Dhaka urges London to amend 'goods graduation' provision

REZAUL KARIM | 2021-09-14 00:00:00

Facing LDC graduation drawbacks for the current crisis, Bangladesh urges the UK to simplify its Generalised System of Preferences (GSP) system through amending its 'goods graduation' provision. The government made the move for mitigating the evolving challenges, including the upset...

Three studies afoot as agencies differ

MUNIMA SULTANA | 2021-09-14 00:00:00

A move is on to undertake three separate studies following the BR’s failure to resolve conflicts in getting required space for different transport modes at the planned Kamalapur multimodal transport hub.The Bangladesh Railway (BR) with the help of the Public-Private...

Extended warehouse facility for exporters

DOULOT AKTER MALA | 2021-09-14 00:00:00

The National Board of Revenue (NBR) has amended the relevant rules granting the exporters an extended time to avail bonded warehouse facility, as imported raw materials get stuck following external marketing slowdown.Officials said the board has relaxed rules for export...

BB blocks use of banks' unclaimed dividend

SIDDIQUE ISLAM | 2021-09-14 00:00:00

The central bank has ruled out the use of unclaimed or undisbursed dividends of banks and non-banking financial institutions by the Capital Market Stabilisation Fund (CMSF). Bangladesh Bank officials say the restriction is aimed at protecting the depositors' interests.They think...

Nagad plans to reactivate over 17,000 accounts

Ismail Hossain | 2021-09-14 00:00:00

Nagad is planning to reactivate more than 17,000 accounts it suspended earlier for alleged suspicious transactions with two e-commerce platforms, keeping "the refund amount" on hold. The mobile financial service (MFS) provider wants to reopen the accounts "on humanitarian grounds"...

Victims of war on terror no one talks about

Syed Fattahul Alim | 2021-09-14 00:00:00

The impact of the September 11's terror attack on the World Trade Centre in New York twenty years ago sent shock waves across the globe. America was traumatised. After it overcame the trauma, the world saw a wounded, angry America...

Quick capital gains lure investors

MOHAMMAD MUFAZZAL AND BABUL BARMAN | 2021-09-13 00:00:00

Capital gains largely lure investors into staking big bets on stocks which spur steady rally of the bourses as returns on bank deposits and other investment tools shrink, according to market analysts.The regulatory measures taken to keep liquidity unaffected and...

Drives against food outlets and manufacturers

Neil Ray | 2021-09-13 00:00:00

A drive against hotels, restaurants, bakeries as well as factories involved with production of ingredients of foods is underway. News of hefty amount of fines realized from such non-compliant units has been making headlines for days. Now comes the news...

Easy targets and defiant recruiters

Shamsul Huq Zahid | 2021-09-13 00:00:00

The overwhelming majority of the manpower recruiting agencies, according to a report published in this paper last Saturday, avoided submitting the list of their respective agents or intermediaries, who are popularly known as dalals, in compliance with a government directive....

Three EEC states shy of any trade deal with BD

REZAUL KARIM | 2021-09-12 00:00:00

All but three Eurasian Economic Commission (EEC) countries are discouraged to enter into any trade deal with Bangladesh, fearing any possible adverse impact on their infant apparel sector.Even any preferential trade agreement (PTA) or free trade agreement (FTA) with Russia...

How Bangladesh may benefit from new int'l development banks

Asjadul Kibria | 2021-09-12 00:00:00

Bangladesh has finally joined the so-called BRICS bank, The New Development Bank (NDB) to be precise. In 2015, the multilateral lending agency was established by BRICS countries -- Brazil, Russia, India, China and South Africa. It became fully operational in...

Reduction in MFI service charge uncertain

ISMAIL HOSSAIN | 2021-09-11 00:00:00

A government move to cut service charge for microcredit operations remains stuck in limbo, especially for non-cooperation from the sector.Seven months ago, the regulator initiated to slash the current 24-per cent interest rate or service charge, as imposed by micro-finance...

Ministries alerted to lax ADP execution

REZAUL KARIM | 2021-09-11 00:00:00

Lax execution performance and under-par quality of works prompted the high-ups to ask all ministries and divisions to ensure proper supervision to check misuse of state funds in development projects, officials said.The planning ministry has issued a letter alerting them...

SPM to save govt Tk 8.0b per annum

M AZIZUR RAHMAN, Back from Moheshkhali | 2021-09-11 00:00:00

The government would save Tk 8.0 billion annually by cutting carrying cost of petroleum products from outer anchorage to fuel tankers once the SPM (single-point mooring) project is complete.An estimated 63.53-per cent work on the overall SPM project has already...

DSE market cap adds Tk 226b in a week

BABUL BARMAN | 2021-09-11 00:00:00

The stock market witnessed yet another bullish week with market-cap of Dhaka Stock Exchange (DSE) climbing to a historical high, thanks to increased investor participation.The market capitalisation of the prime bourse surged by Tk 226 billion or 4.01 per cent...

Businesses, life and living plagued by pandemic

Rezina Sultana | 2021-09-11 00:00:00

Ajay Banerjee, an employee of a very well reputed company of Bangladesh became a victim of company downsizing during this pandemic. He made an appointment with the Chief Executive Officer of the company and made an emotional appeal in the...

Rediscovering Autumn that has eluded so long

Nilratan Halder | 2021-09-11 00:00:00

Although the Sharat, the third season on Bangla calendar and the Autumn in the northern hemisphere begin more or less at the same time, the season vary widely. Known as the Fall in North America, maybe because the deciduous trees...

Moral dilemma black money gives rise to

Syed Fattahul Alim | 2021-09-11 00:00:00

Reports say 11 banks including seven state-owned ones are facing shortage of capital. But one should not be surprised at such reports as the reading public has meanwhile grown bored of newspaper stories on banks overburdened with uncollectible, non-performing loans....

Customs duty on books & copyright protection

Mohammad Towhidul Islam | 2021-09-11 00:00:00

Early last year, two well-known international publishing companies and probably a few years ago a professor working at the World Trade Institute in Geneva sent me specimen copies of several textbooks on intellectual property law to my Dhaka University address...

Rules ease for re-export of returned exports

Doulot Akter Mala | 2021-09-10 00:00:00

Re-export of products returned by foreign buyers to Bangladesh has been simplified through relaxing restrictions in customs rules under a special order, now that a crunch time prevails over the world.To this end, the customs authority allows exporters to re-export...

Ctg-Cox's Bazar rail line to be completed in 2024: PD

NAZIMUDDIN SHYAMOL | 2021-09-10 00:00:00

CHATTOGRAM, Sept 09: Construction work on a project launched in 2011 to set up 129-kilometre-long railway tracks from Chattogram to Cox's Bazar is going on in full swing now after halts multiple times during coronavirus outbreak last year and a...

Aberrations hard to overlook

Shamsul Huq Zahid | 2021-09-10 00:00:00

The job of regulating a stock market is akin to that of flying a kite. One needs to unwind thread from the spool (locally known as natai) to help the kite go up and become steady on its own in...

Are schools ready for opening to students?

Nilratan Halder | 2021-09-10 00:00:00

The decision taken in favour of opening schools and colleges have pleased most people, only more so the learners ---the number one stake-holders. No wonder, the United Nations Children's Emergency Fund (UNICEF), which has been pleading with the governments the...

Regulator seeks to know role of margin loan

MOHAMMAD MUFAZZAL | 2021-09-09 00:00:00

Amid a bull run of the bourse, the regulator moves to check what lies behind abnormal share-price surge of many listed companies with poor fundamentals, so no bubble does occur.The Bangladesh Securities and Exchange Commission (BSEC) Wednesday asked the premier...

Pakistan wants to cash in on its Taliban 'victory'

Kunwar Khuldune Shahid | 2021-09-09 00:00:00

After an interlude of two decades, Pakistan has conquered Afghanistan, again. Or so you would think, looking at the reactions of Pakistani leaders over the past three weeks. From leaking intelligence meetings to celebrating Western leaders' calls, Islamabad is relishing,...

Youths' role in Malawi's recovery from pandemic shock

Mwayiwathu Mkwala | 2021-09-09 00:00:00

Covid-19 (coronavirus) has negatively affected Malawi in various dynamics of development sectors, hence pushing more people towards extreme poverty than before the pandemic. Many people lost jobs; businesses shut down. Congestion in health services led to shortage of health personnel...