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How and when to open schools and colleges

Nilratan Halder | 2021-09-03 00:00:00

Prime Minister Sheikh Hasina has expressed her eagerness to open schools as early as possible. But she also wants to ensure that students are vaccinated before opening schools and colleges. This has prompted holding of a high-level meeting of government...

No new project in BR's yearly plan

MUNIMA SULTANA | 2021-09-02 00:00:00

The Bangladesh Railway (BR) has not added any new project in its yearly development plan since the beginning of Covid-19 for its failure to win approval from the authorities concerned.Sources said railways ministry has not sent any pre-development project proposal...

NBFI loans repayment eases

SIDDIQUE ISLAM | 2021-09-02 00:00:00

The central bank further relaxed the repayment policy for the borrowers of outstanding loans or leases from non-banking financial institutions (NBFIs) with a greater government goal to help recovery of the pandemic-hit economy, officials said.Under the relaxations, the borrowers will...

Govt plans to stop selling unpacked soybean oil

SYFUL ISLAM | 2021-09-02 00:00:00

The government is set to stop the selling of unpacked soybean oil in a bid to ensure consumers are not getting other edible oils in the name of soybean oil, officials said.Responding to the industries ministry's request for opinion, which...

BD looks to start producing Japanese Mitsubishi cars

TALHA BIN HABIB | 2021-09-02 00:00:00

Bangladesh is looking to start producing world-renowned Japanese Mitsub-ishi cars within next few years, as the two friendly countries are working towards making the dream a reality, according to the Ministry of Industries.As part of the move, Bangladesh and Japan...

Self-efficacy: Inherent or can be learnt?

MOMI MONJIL ARA | 2021-09-02 00:00:00

"In order to succeed, people need a sense of self-efficacy to struggle together with resilience to meet the inevitable obstacles and inequities of life," former David Starr Jordan Professor Emeritus of Social Science in Psychology at Stanford University Albert Bandura...

SDR: Ensure redistribution from rich to developing countries

Bhumika Muchhala | 2021-09-02 00:00:00

On 23 August this year, the International Monetary Fund (IMF) issuance of US$650 billion in Special Drawing Rights (SDRs) came into effect. It is lauded as historic for being the largest ever distribution of monetary reserves and provides much-needed additional...

Peddlers of light

Helal Uddin Ahmed | 2021-09-02 00:00:00

Bangladesh Rural Electrification Board (BREB) was founded in 1977 following the promulgation of Rural Electrification Ordinance, 1977, with the goal of electrifying rural Bangladesh. At its inception, its broad objectives included using electricity for creating opportunities to boost agricultural production...

Anatomy of American debacle in Afghanistan

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-09-02 00:00:00

Much has been claimed about the generosity of the United States in rebuilding Afghanistan. It is undeniable that the United States invested $2 trillion and thousands of its soldiers made supreme sacrifice in setting up new infrastructure and defending democracy...

BB mounts monitoring

SIDDIQUE ISLAM | 2021-09-01 00:00:00

The central bank mounted monitoring and supervision on the special fund constituted by commercial banks only for investment in the capital market, officials said, on detection of some deviations.As part of the move, all the scheduled banks have been instructed...

Plantation slavery, the first American dream

Donald Earl Collins | 2021-09-01 00:00:00

Between movies like Gone With the Wind and Sweet Home Alabama, and antebellum-themed weddings, vacations, and weekend lunches for the rich and famous, the notion of plantation life as idyllic remains ingrained in the American imagination, especially for white Americans....

EBL's net profit grows 55pc amid pandemic

SIDDIQUE ISLAM | 2021-08-31 12:00:00

Eastern Bank Limited (EBL) has registered 55-per cent growth in net profit in the first half (H1) of this calendar year amidst the Covid-19 pandemic.This growth has been ascribed to efficient management of its balance sheet complying with all the...

Making the world listen to us

Syed Fattahul Alim | 2021-08-31 00:00:00

The UN's 26th Climate Change Conference or Conference Of Parties, COP26, is scheduled to meet in Glasgow, UK, between November 1 and 2. Heads of states from close to 200 nations will join this summit along with thousands of other...

Will India be able to increase its current account surplus with vaccine exports?

Chloe Cecilia Reyland and Ursita Kurian Mooleplackal | 2021-08-31 00:00:00

Having endured the pandemic for over a year and a half, the world is waiting restlessly for the global vaccination rollout and herd immunity from the novel Coronavirus. The present situation in India is tragic, no doubt, but it is...

Workplace technology and alternative work arrangement during and post-Covid-19

Mohammad Shariful Islam and Mohammad Khasro Miah | 2021-08-31 00:00:00

Alternative Work Arrangements (AWA) is a unique working method performed from locations away from the office. The critical components of AWA are working from home, flexible working hours, teleconferencing, job sharing, and shifting, compressed workweeks. During the Covid-19 crisis in...

Govt to fix mobile internet prices too

Ismail Hossain | 2021-08-30 00:00:00

The government is going to set the prices of mobile internet services following the fixation of broadband internet recently.The Bangladesh Teleco-mmunication Regulatory Commission (BTRC) was working on it, according to post and telecommunication minister Mustafa Jabbar."We can't let mobile internet...

Dhaka to back LDCs' enhanced facilities

SYFUL ISLAM | 2021-08-30 00:00:00

As the United Kingdom (UK) is introducing a new Generalised System of Preferences (GSP) scheme next year, Bangladesh will advocate enhanced facilities for the least developed countries (LDCs), being a member of the group.The UK has launched an eight-week public...

SL set to get another $100m under swap arrangement

SIDDIQUE ISLAM | 2021-08-30 00:00:00

Bangladesh is set to send US$100 million more to Sri Lanka today (Monday) to help the island nation in minimizing foreign-exchange crunch on their economy, officials said.The fund from Bangladesh has been provided under the currency-swap agreement signed by the...

Ctg pvt healthcare facilities in bad health

NAZIMUDDIN SHYAMOL | 2021-08-30 00:00:00

CHATTOGRAM, Aug 29: Private hospitals, clinics and diagnostic centres, once appreciated for their latest technology and service potential, have now allegedly strayed into profit motive by neglecting quality healthcare, especially during the coronavirus onslaught.Patients and their relatives say such healthcare...

The morally debased and bankrupt

Neil Ray | 2021-08-30 00:00:00

At a time the country like the rest of the world is struggling to overcome one of worst crises in human history, naturally the expectation was that it would exercise a sobering influence on people. Far from it, people seem...

Designing protocols for Covid-hit businesses

Shamsul Huq Zahid | 2021-08-30 00:00:00

The findings of a recent SANEM (South Asian Network on Economic Modelling) survey, a representative one, have brought to the fore a few ground realities that deserve the attention of the country's policymakers. As expected, most firms belonging to large,...

Govt to raise commodity supply 55.18pc in FY'22

REZAUL KARIM | 2021-08-29 00:00:00

The government will procure more than 0.273 million tonnes of key essential commodities for the current fiscal year (FY) as part of a market intervention strategy to keep prices in the local market stable, officials said.The quantity would be 55.18...

Hopes high for high-speed train

MUNIMA SULTANA | 2021-08-29 00:00:00

Hope removes hype as a latest move now advances towards developing the fastest rail corridor on Dhaka-Chattogram-Cox's Bazar route to run high-speed trains, officials say. The Dhaka-Chattogram mainline connecting the capital and the port city already getting into the phase...

Move to remove IPO quota

Mohammad Mufazzal | 2021-08-29 00:00:00

The securities regulator has moved to remove IPO quota gradually to ensure equal participation of general and institutional investors as the market is better now after 2010-11 debacle.As part of the move, the Bangladesh Securities and Exchange Commission (BSEC) has...

Local production of Covid-19 vaccines

Md Towhidul Islam | 2021-08-29 00:00:00

Given that intellectual property rights including patents reward and encourage innovators for more research and development (R&D) leading to inventions, a least developed country (LDC) like Bangladesh which will graduate in 2026 may seek different way-outs including local production of...

Inflation and distortion in the financial market

Asjadul Kibria | 2021-08-29 00:00:00

In the second week of August, Bangladesh Bank issued a circular asking the banks not to pay or set interest rates on deposits below the inflation rate. This is a piece of unparalleled advice or direct intervention defying the market...

Bid for redoing railway upgrading project

MUNIMA SULTANA | 2021-08-28 00:00:00

A donor-financed project for converting Akhaura-Sylhet railway corridor, which also connects Dhaka and Chattogram, to dual-gauge track has long been laid off and a bid is now underway to redo it.Official sources said the conversion scheme was taken up to...

NBR installs EGM module at depots

SYFUL ISLAM | 2021-08-28 00:00:00

Trying to bring transparency and accountability in Bangladesh's external trade, government's revenue authority is setting Export General Manifest (EGM) module as decoy in 17 private inland container depots (ICDs) for detecting actual export-import data.Officials said the EGM module would function...

BB further relaxes loan repayment policy

Siddique Islam | 2021-08-28 00:00:00

The central bank has further extended the policy relaxation regarding loan repayment to the scheduled banks by their borrowers to help recover the country's pandemic-hit economy, officials said.Under the relaxation, the borrowers would get a fresh chance to remain unclassified,...

Metro rail hits the track

Munima Sultana | 2021-08-28 00:00:00

Dhaka city people got a chance to see the metro rail running on a viaduct for the first time on Friday, as the authorities operated the train from Uttara Diabari to Mirpur. Official sources said the train was taken on...