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Smart Citizens

Md. Afzal Hossain Sarwar and Zunaira Khan | 2023-04-01 00:00:00

A young graduate of National University is looking for free skills-based courses to enhance his job prospects. A student in Bandarban seeks open access to an academic platform where she can learn and demonstrate her creativity simultaneously. A senior teacher...

Semiconductor industry

Md. Shamsul Arefin | 2023-04-01 00:00:00

The semiconductor industry in the world indicates that its business will create a great influence on international trade and global power structure. On August 9, 2022, US President Joe Biden enacted the "CHIPS and Science Act" that seeks to strengthen...

Not all can make the most of sunset years

Nilratan Halder | 2023-04-01 00:00:00

Sunset years are resplendent like the setting sun in a clear sky only for the blessed. Few people can live a most fruitful life and end it on a cherished note like A.P.J Abdul Kalam, former president of India. For...

US monetary policy & Bangladesh economy

Abdullah A Dewan | 2023-04-01 00:00:00

During my February visit to Bangladesh, I had the privilege of joining a Federal Reserve's (FED) Monetary Policy discussion session organised by the Chief Economist's Unit of the Bangladesh Bank (BB). The session was attended by senior economists, moderated by...

Ctg-Dubai sea route likely to be launched in April

NAZIMUDDIN SHYAMOL | 2023-03-31 00:00:00

CHATTOGRAM, Mar 30: The Chittagong Port Authority (CPA) is working on the launch of a new sea route connecting Chattogram to Dubai, said officials. This will mark the first shipping route connecting Chittagong seaport with Middle Eastern countries. After the...

Meeting the challenge of growing crops other than paddy

Nilratan Halder | 2023-03-31 00:00:00

News coming from the food front of this country is disconcerting. At a time when eleven straight monthly declines in food prices have led to a 19 per cent less costlier average edibles in the international market from their peak...

Adjusting the fiscal framework

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2023-03-31 00:00:00

Whether the fiscal framework of the fiscal year 2022-23 (FY23) was designed considering the correct set of assumptions remains a critically important question. While the economy was already reeling under immense pressure due to the ramifications of the Covid-19 pandemic,...

BD bracing for talks with India on CEPA

REZAUL KARIM | 2023-03-30 00:00:00

Bangladesh is crafting strategies to start negotiations with India on the long-awaited proposed Comprehensive Economic Partnership Agreement (CEPA), sources said.To this end, commerce ministry has sought opinions on trade in goods/services and investment on the CEPA from more than 58...

Austerity saves forex but at NBR’s cost

DOULOT AKTER MALA | 2023-03-30 00:00:00

Imports of 135 products plummeted 52 per cent in volume and 41 per cent in value during the last nine months following the imposition of prohibitive duties to save Bangladesh's falling forex reserves.Official statistics show government revenue from these imports,...

Equity market to expand as 29 state-run cos eye listing

MOHAMMAD MUFAZZAL | 2023-03-30 00:00:00

The securities regulator has identified 29 state-owned companies whose listing on the stock exchanges can help expand the market and create new opportunities for investors to inject funds. A letter was sent to the Prime Minister's Office in January with...

Govt clears financing hurdle for Eastern Refinery 2nd unit

NAZIMUDDIN SHYAMOL | 2023-03-30 00:00:00

CHATTOGRAM, Mar 29: Eastern Refinery Limited (ERL) is poised to commence work on the second unit of its facility, following the resolution of financing issues that had long hindered progress. The government has approved the exemption of its share of...

Wage earners' remittance inflow and contribution to the economy

Aminul Hoque Tushar | 2023-03-30 00:00:00

In the post-pandemic period, the world economy struggles to survive from the impact of Ukraine-Russia war by altering international business and trade pattern in sporadic ways. Developing countries like Bangladesh suffer most to cope with this scenario and noticed sharp...

Ramadan . . . when light permeates the soul

Syed Badrul Ahsan | 2023-03-30 00:00:00

Ramadan is all about values. And fasting is a reminder not merely of what the Almighty expects His creation to do in remembrance of His munificence but also a reassertion of the belief that there are the multitudes out there...

Significance of developing innovation strategy for business growth

Mohammad Ashraful Islam Khan | 2023-03-30 00:00:00

In today's rapidly evolving business landscape, achieving success requires consideration of multiple factors. Among these, the importance of innovation strategy cannot be overstated. In essence, an innovative strategy is a deliberate plan implemented by businesses, organisations, and brands to optimise...

Bangladesh economy: weathering the storm, containing the risks

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2023-03-29 00:00:00

The national budget for FY2023-24 (FY24) will be the last budget prepared by the incumbent government prior to the upcoming national elections. It is being prepared amidst a number of disquieting developments - both at the global and domestic fronts....

A village of colours, a picturesque canvas

NAFISA SULTANA | 2023-03-29 00:00:00

There is a small village in the Nachole Upazila of Chapainawabganj district, Rajshahi, known as Tikoil Gram. This place is popularly known as Alpana gram because house walls, floors, and yards of this village are painted with different colours during...

Panel that could guide market regulator through crises remains dormant

MOHAMMAD MUFAZZAL | 2023-03-28 00:00:00

The 2010 stock market debacle prompted the securities regulator to form a "high profile" advisory committee to suggest changes in policies, whenever needed, to help develop the country's capital market.The committee sat only once in 2014 after its formation in...

Addressing looming water crisis

Syed Fattahul Alim | 2023-03-28 00:00:00

Water, freshwater to be specific, has always been a scarce resource. And stories of conflicts between territories, regions, and even nations over the control of the sources of water abound. With the increase in population and the expansion of agriculture...

Does saving banks promote 'democratic capitalism'?

Hasnat Abdul Hye | 2023-03-28 00:00:00

Banks in the developed countries are the citadel of private capitalism and central banks are supposedly their guardians and gatekeepers. Every time there is a shockwave going through one or a few banks, it threatens to be systemic. One would...

High hopes pinned on 30 new apparel products

FHM HUMAYAN KABIR AND REZAUL KARIM | 2023-03-26 00:00:00

Emerging 30 readymade garment items in Bangladesh's export basket raise hope as their shipments continue to grow year on year, amid changing consumer taste, manufacturers and officials have said. The local apparel producers have recently requested the government to take...

Remodelling tax-waiver regime begins to benefit people

DOULOT AKTER MALA | 2023-03-26 00:00:00

Bangladesh's revenue authority has begun tightening the tax-exemption regime incorporating provisions to pass on its benefits to the common people, under an overdue fiscal reform.The National Board of Revenue has tagged some new conditions, including free-of-cost services in healthcare centres,...

EEC skips BD visit ahead of JWG meeting

REZAUL KARIM | 2023-03-26 00:00:00

The Eurasian Economic Commission (EEC) has cancelled its visit to Bangladesh ahead of the 2nd meeting of joint working group (JWG) fearing a possible complexity amid Western sanctions against Russia, sources said.It was supposed to visit Dhaka with a high-powered...

Legacy Footwear to the top of DSE gainers' chart despite heavy loss in business

Mohammad Mufazzal | 2023-03-26 00:00:00

Investors seem to have overlooked the latest business data of Legacy Footwear when they bet on the stock on the Dhaka Stock Exchange last week. The stock rose abnormally in the bearish market, leading to it becoming the top gainer...

Unpaid listing fees keep two OTC cos from moving to SME board

Mohammad Mufazzal | 2023-03-26 00:00:00

Transfer of two OTC companies to the SME board of the Dhaka Stock Exchange (DSE) remains pending mainly for non-payment of listing fees and non-existence of a company website with detailed financial information. Gachi Hata Aquaculture Farms and Bangladesh Hotels...

Initial resistance by policemen in the liberation war

Helal Uddin Ahmed | 2023-03-26 00:00:00

Alongside other freedom-loving people of the country, the police force of Bangladesh also played a distinctive and glorious role in the Bangladeshi nation's quest for freedom and liberty. Although normally entrusted with the task of enforcing law and order, when...

Focusing more on non-traditional RMG markets

Mohiuddin Rubel | 2023-03-26 00:00:00

Non-traditional markets have turned out to be increasingly important than before for the RMG industry of Bangladesh. While the industry has traditionally focused on exporting garments to developed countries like the United States and the European Union, it has recently...

Economic emancipation a long way off

Asjadul Kibria | 2023-03-26 00:00:00

More than 50 years ago, the emergence of Bangladesh as a sovereign nation-state was puzzling to many. They were pessimistic about the future of the newly independent country-- and some even thought that the country would survive only to suffer...

BD to place action plan to EU

REZAUL KARIM | 2023-03-25 00:00:00

Dhaka is expected to place its detailed action plan before the European Union (EU) on addressing the possible challenges after Bangladesh's graduation from the least-developed country (LDC) in 2026, sources said. It will also seek continued trade preferences under the...

Prices of five essentials fall at Ctg wholesale hubs

NAZIMUDDIN SHYAMOL | 2023-03-25 00:00:00

CHATTOGRAM: Prices of five essential items - chickpeas, peas, soybean oil, palm oil and sugar - dropped a bit just a day before the Islamic holy month of Ramadan at wholesale business hubs in Chattogram. Traders at Khatunganj, Asadganj and...

Not all is lost for this society

Nilratan Halder | 2023-03-25 00:00:00

The slogans are rather significant: "Manab kalyane amra thakte chai (for the cause of humanity, we volunteer to lose)" or "Ihaloukik loksan saman paraloukik lav (loss of the mortal world is equal to the gain of the world after". With...