The need for international universities in Bangladesh

The need arises mainly for three reasons. One is economical, second is economical, and the third is obviously economical as well. After the Covid-19 and Ukraine war, and the meltdown of the desired supply chain, and price rise due to...

Ctg elevated expressway set to partially open by Dec

CHATTOGRAM, Apr 06: The Chattogram Elevated Expressway, the city's first-ever elevated expressway, is set to be completed by next year, with a portion of the roadway scheduled to open to traffic by December of this year in conjunction with the...

Jute sector surges 59pc in a year, unscathed by weak financial data

Jute stocks' extraordinary performance on the Dhaka Stock Exchange last week could not go unnoticed. At a time when the index remained mostly flat, the jute sector soared 10 per cent in terms of market value to Tk 3.42 billion...

Healthcare in Bangladesh, motorised, industrialised and urbanised

Despite all the progress made by Bangladesh over the last few decades in achieving several of the key health indicators, new disease patterns associated with changed socio-economic trends and demographic shifts are creating new challenges. Epidemiological transition -- the changing...

Making broiler meat safe for human consumption

Broiler chicken has been making screaming headlines for sometime now. First, it was the record price hike of the cheapest source of animal protein and then because of the drastic cut in prices following a meeting between the Consumer Protection...

Bangladesh moves to remove Indian port hurdles, NTBs

Bangladesh has moved to remove the existing hurdles exporters facing at different Indian ports, in order to boost trade with the neighbour as duty-free market access remains underutilised, sources said.To this end, commerce ministry has sought information about the bottlenecks...

MoF's two divisions give opposite data

Two divisions under the Ministry of Finance (MoF) have revealed opposite pictures on tax-revenue-collection data of the first half (H1) of the current fiscal year (FY), 2022-23, creating confusion over the country's major income sources.Tax revenue collection data is one...

Advance ticket sales start tomorrow

Bus and train operators are set to start selling tickets in advance for Eid trips of home-bound passengers starting from April 16.However, preparations for safe journey are yet to start by the authorities concerned, although hundreds of thousands of people...

ICB finalised deal to expand free float to 10pc

The state-run Investment Corporation (ICB) of Bangladesh has reached the final stage to increase its free float from 3.51 per cent to 10 per cent of the shares outstanding to comply with the public issue rules. That entails selling of...

Working as a game product manager

According to Newzoo, the global games market will generate around US$ 211 billion by 2025 and mobile games alone will generate more than US$ 100 billion. The popular mobile games that most of us know such as Candy Crush and...

The nation ... in April 1971

In April 1971, the struggle for Bangladesh's liberation assumed an organised, strategic shape. History has recorded the events, indeed the measures which were adopted by the political leadership, even as the Pakistan occupation army intensified its genocidal attacks on the...

Bangladesh's journey of agricultural exports: unleashing the potential

Bangladesh has made remarkable progress in the agricultural sector over the past few years. The country's fertile land, favourable climatic conditions and proper policy support by the government have created enormous opportunities for agri-business. With increasing demand for high-quality agricultural...

Bhandal Jhuri water plant work to end by June

CHATTOGRAM, Apr 04: The work of Bhandal Jhuri Water Supply Project, a water supply plant undertaken by Chattogram Water Supply and Sewerage Authority (Ctg WASA), is going on in full swing.More than 90 per cent work of the 60-million-litre capacity...

Is Artificial Intelligence the Frankenstein's monster?

Mary Shelley, wife of poet Percy Bysshe Shelley, created the fictional figure of a mad scientist, Frankenstein, whose arcane research led to the development of a human resembling a real life one, both in image and conduct. Frankenstein's euphoria at...

Padma Bridge train trial run today

First train through the Padma Bridge will be operated on trial basis today (Tuesday), 10 months after inauguration of the country's longest rail-cum-road bridge.Bangladesh Railway (BR) will operate the train from Bhanga to Mawa through the 6.15-kilometre bridge, officials said.Railway...

How to minimise risk when regulator demands more money into the bearish market?

The recent regulatory decision to increase minimum investment by mutual funds from the existing 60 per cent to 80 per cent in the capital market will squeeze risk diversification opportunities and scope of generating profits, according to asset managers. Against...

Water on the moon

Water trapped in tiny, shiny multicoloured glass beads has been found in the lunar dirt brought back to earth by Chang'e 5, China's fifth lunar exploration mission, in early December 2020. It was also that country's first lunar-sample return mission....

Expanding & diversifying exports to the UK

Bangladesh and the United Kingdom (UK) have a longstanding and multifaceted relationship with a strong focus on trade and economic cooperation. Utilising duty-free market access and relaxed rules of origin (RoO), Bangladesh's UK-bound exports expanded from US$500 million in FY2000...

BD cosmetics, toiletries replacing imported ones

The country's cosmetics and toiletries products are gradually substituting the imported ones - following intensified efforts of local manufacturers on research and innovation to launch new items.Industry sources said a good number of consumers of personal and homecare products have...

Buoyant business helped Eastern Housing fly on Dhaka bourse since July

Eastern Housing's stock price more than doubled in eight months in the bearish market, driven by its high profit growth in recent quarters that seemed to have boosted investors' confidence.The country's lone publicly-traded realtor's share price soared 113 per cent...

UNOs are no longer CEOs of upazilas

The declaration of unconstitutionality of the Section 33 of the Upazila Parishad Act by the High Court (HC) puts this vital tier of local government administration in its right perspective. Such an arrangement is in conflict with the rule by...

Where non-market forces rule

A local economic think tank, the South Asian Network on Economic Modeling (SANEM), in a recent study has found that 74 per cent of low-income people in the country have been borrowing money from relatives or micro-finance institutions (MFIs) to...

History will remember Justice Murshed

"I sometimes hold in half a sin, To put into words the guilt I feel For words like nature half reveal And half conceal the soul within". I heard the late Justice Murshed recite these lines of Alfred Lord Tennyson...

To continue, or not to continue? A new dilemma

Uncertainty grips the future of a project taken to install an automated traffic signal system at four intersections in Dhaka city, as the government does not want to continue it amid failures to finish installation work while its Japanese financier...

Floor price to stay until DSEX tops 6,500 points

The securities regulator will not risk lifting the floor price until the main index at the Dhaka Stock Exchange (DSE) goes past 6500 points "in the interest of small investors who are a majority in the stock market", said the...

Big stocks lose big on turnover volumes since January

Investors' participation in trading of big-cap stocks, Grameenphone and Square Pharmaceuticals for example, has fallen significantly in the last three months. During the same period, small-cap companies saw share transactions in high volumes. Apart from posting high turnover, the small-cap...

Setting national Zakat guidelines

Zakat is a mandatory charity on the part of solvent Muslims who have a minimum amount of wealth after their own consumption, which is usually paid during the holy month of Ramadan. But there is no religious binding that Zakat...

Govt plans to launch DPS for migrant workers

The government is planning to introduce a deposit pension scheme (DPS) for the migrant workers - to properly utilise their hard-earned remittance as well as encourage savings.It is among a package of measures, to be discussed and decided in the...

Times opportune for Eid tailoring biz

CHATTOGRAM, Mar 31: Tailoring and fashion houses in the port city of Chattogram are doing a roaring trade, as evidenced by scenes of hectic dress-making activities.The tailors and designers have been going through a punishing schedule night and day ahead...

Rybakina in Miami Open final

MIAMI GARDENS, Fla., Mar 31 (AP): The hopes of American men's tennis rest largely on the talented rackets of Taylor Fritz and Tommy Paul.But a Spanish roadblock named Carlos Alcaraz is in the way - never more illustrated by the...