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Prospects for plastic recycling

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

The plastics industry basically emerged in Bangladesh during the 1980s as a backward linkage for supplying items required for readymade garments (RMG) sector, such as plastic hangers and other accessories. By now, the country has a large and diverse but...

Teacher quality is the key to improving education in Asia and the Pacific

Brajesh Panth and Jukka Tulivuori | 2021-09-09 00:00:00

The global learning crisis is actually a teaching crisis. The quality of teachers has the greatest impact on improving student learning outcomes. Most developing countries in Asia and the Pacific face major challenges in recruiting the best candidates for a...

Finance productive capacities in LDCs

Paul Akiwumi | 2021-09-09 00:00:00

According to recent United Nations Conference on Trade and Development (UNCTAD) analysis, most Least Developed Countries (LDCs) will likely take several years to recover the level of Gross Domestic Product (GDP) per capita they had in 2019. And compared to...

e-commerce lacks identity

DOULOT AKTER MALA | 2021-09-08 00:00:00

The fastest-growing e-commerce that has been carrying out trade transactions worth billions is yet to get government recognition as a business category, sources say. The e-commerce businesses do not exist in the listed categories of company registration, trade-licence application or...

Malaysian vaccination programme and its exchange rates

Fariza Alia and Ameer Danial | 2021-09-08 00:00:00

In February 2021, Malaysians began to see the light at the end of the tunnel that is the pandemic. Malaysia announced that it targets to vaccinate 82.8 per cent of its population. There is a growing concern among policymakers regarding...

Of politicians, poetry and power

Syed Badrul Ahsan | 2021-09-08 00:00:00

The beauty of poetry, of literature and love for literature, of the grandeur of power has been a truth with many among the political class we have known in our times and in our studies of history. Bahadur Shah Zafar...

BR act back to drawing board after 133 years

MUNIMA SULTANA | 2021-09-07 00:00:00

A law for the Bangladesh Railway (BR) is being amended 133 years after it was enacted in 1890.The BR has drafted the 'Bangladesh Railway Amendment Act' with the aid of the Infrastructure Investment Facilitation Company (IIFC) as it had failed...

Consumers feeling the pinch as prices of essentials spiral in Ctg

NAZIMUDDIN SHYAMOL | 2021-09-07 00:00:00

CHATTOGRAM, Sept 06: Prices of essential items continue to rise in the port city, leaving the middle- and low-income people struggling to cope with the cost of living. The price hike of essentials such as rice, wheat, sugar and oil,...

Novel way of fighting dengue

Syed Fattahul Alim | 2021-09-07 00:00:00

The Directorate General of Health Services (DGHS) data show that 49 people have died of dengue, while 11, 236 people have been infected with the mosquito-borne disease so far since July this year. Globally, around 400 million people in more...

Fighting climate change with innovation

Kelly Levin and Andrew Steer | 2021-09-07 00:00:00

When we gathered in Paris in 2015 to hammer out the historic climate deal, few of us dared hope that by 2021 more than 60 countries-representing over half of global emissions-would have committed to net zero emissions by mid-century. In...

Beyond digital mapping of RMG sector

Afshana Choudhury, Fahim S Chowdhury, Sadril Shajahan and Faria Ahmad | 2021-09-07 00:00:00

Using different tools and maps for disaster risk reduction, hazard preparation and emergency response is a common practice for years. However, evidence of effectiveness of this approach is still hard to find in the industrial sector. Ericsson (a leading telecom...

National Professor Mohammad Ibrahim: a believer in change

Muhammad Abdul Mazid | 2021-09-06 12:00:00

National Professor Mohammad Ibrahim (1911-1989) was a celebrated physician, a gifted teacher, a talented organiser and a great reformer. His contributions in the field of medicine in general and diabetes in particular was phenomenal. He spent the major part of...

Private credit flow grows as businesses reopen

SIDDIQUE ISLAM | 2021-09-06 00:00:00

Credit flow into private sector grows gradually as July demand for loans, particularly for working capital, rose for Eid-ul-Azha festival and the after-lockdown reopening of businesses began creating needs for funds. Such credit flow rose to 8.38 per cent in...

Decline of Covid cases but no cause for complacence

Neil Ray | 2021-09-06 00:00:00

The good news is that the positivity rate of Covid-19 cases has dropped below the double digit in the 24 hours till Saturday, September 3 last after three months. Also the number of death from the disease came down to...

The puzzle of surplus rice output

Shamsul Huq Zahid | 2021-09-06 00:00:00

Two government stalwarts, reportedly, engaged in a verbal duel over rice production in the country at a virtual event, held in Dhaka early this week. One claimed Bangladesh produced surplus food while the other suspected some problem with food production...

Dhaka needs to be open to engagement with Taliban

former ambassador Humayun Kabir says in an exclusive interview with Khawaza Main Uddin of The Financial Express. | 2021-09-05 12:00:00

The Financial Express (FE): How far do you foresee stability and possibility of people's wellbeing in Afghanistan this time around, after the takeover by the Taliban forces despite bitter experiences of the land-locked country located at a strategic crossroad?Humayun Kabir...

NBR plugs hole to stop VAT evasion

DOULOT AKTER MALA | 2021-09-05 00:00:00

Government's revenue authority has issued new directives to check VAT evasion and also simplify the process of business operations of cigarette companies, who, nevertheless, pay a king's ransom to the exchequer. The Value Added Tax (VAT) policy wing under the...

Nagad suspends 13,000 accounts, initiates probe

ISMAIL HOSSAIN | 2021-09-05 00:00:00

Mobile financial service Nagad has suspended around 13,000 accounts suspecting fraudulent transactions with e-commerce sites and set sleuths for a probe. The public-sector MFS outfit, Nagad, Saturday sent the list of these accounts to Bangladesh Financial Intelligence Unit (BFIU), law-enforcing...

Is current account deficit concerning?

Asjadul Kibria | 2021-09-05 00:00:00

For the fifth consecutive year, Bangladesh recorded the deficit in current account balance with the rest of the world. The deficit stood at its highest level of US$9.56 billion in FY18. In the later years, it gradually declined to $4.79...

Group insurance for all industrial units being planned

SYFUL ISLAM | 2021-09-04 00:00:00

The regulator seeks cooperation from ministers concerned in implementing mandatory group insurance in all industrial units pursuant upon the Bangladesh Labour Law, as the issue comes to the fore following recent tragedies.The Insurance Develop-ment and Regulatory Aut-hority (IDRA) recently req-uested...

DSE key index closes near to 7000 mark

BABUL BARMAN | 2021-09-04 00:00:00

Dhaka stocks extended their rally for the eleventh straight week that ended on Thursday.The key index closed near to 7,000 mark as the buoyant investors continued their buying spree riding on regulatory measures.DSEX, the prime index of the Dhaka Stock...

Navigating pandemic turbulence

Tapash Chandra Paul | 2021-09-04 00:00:00

The outbreak of Covid-19 forced the world to witness serious economic emergencies, social constraints, financial crisis, and loss of lives. The wave of coronavirus creates a threat to the global and domestic economic and financial stability worldwide. Developing and emerging...

Bride righteous and courageous too

Nilratan Halder | 2021-09-04 00:00:00

Are not brides supposed to be shy and overwhelmed by conflicting emotions on the wedding day? There may be many gorgeous girls in their fineries present at a wedding ceremony but the belle is at the centre of attraction. In...

Rise of Covid-19 and facing the economic threats

Mohammad Abdul Jabbar | 2021-09-04 00:00:00

Since March 2020, the whole world has been experiencing an altogether new phenomenon while struggling to combat the covid-19 pandemic. The fallout has immensely affected human lives and ways of living in an unprecedented manner. Measures such as isolation or...

Changing narratives of crimes, rights

Syed Fattahul Alim | 2021-09-04 00:00:00

The year 2020 saw the highest number of hate crimes committed in America in more than a decade, according to the FBI, the principal federal law enforcement agency of the USA. The US Department of Justice under whose jurisdiction the...

Banks' capital base bends under NPL weight

SIDDIQUE ISLAM | 2021-09-03 12:00:00

Banks' capital base somewhat weakened in the first half of the current calendar year mainly under the weight of rising non-performing loans (NPLs), officials said.Strengths of the banking industry, thus, got a bit sapped as much of their money used...

40 listed cos deposit Tk 2.1b

MOHAMMAD MUFAZZAL | 2021-09-03 00:00:00

Of the 400 listed companies, some 40 firms deposited Tk 2.10 billion to the Capital Market Stabilisation Fund (CMSF) as of August 30. The funds came from investors' unclaimed cash dividends, held with the companies.The Bangladesh Securities and Exchange Commission...

23 listed banks pump Tk 143.6b into stocks

Mohammad Mufazzal | 2021-09-03 00:00:00

Some 23 listed banks, out of 32, have made a consolidated investment worth Tk 143.63 billion in the country's stock market as of July 31 last.According to the Bangladesh Securities and Exchange Commission (BSEC), the banks made investments ranging from...

PCT set to start operation early next year

NAZIMUDDIN SHYAMOL | 2021-09-03 00:00:00

CHATTOGRAM, Sept 02: Construction work of the Patenga Container Terminal (PCT) of Chittagong Port is going on in full swing, officials said.They said, more than 75 per cent work of the Tk 18.68 billion (Tk 1,868 crore) project has already...

Merge with Padma Bank? Not interested

Shamsul Huq Zahid | 2021-09-03 00:00:00

What's in a name? The phrase comes from Shakespeare's play, Romeo and Juliet. The name of a thing does not matter as much as its quality. The Padma Bank, formerly known as Farmers Bank, is a case in point. The...