FE Today Logo

Search results for: l


Faulty study blamed for project cost overruns

MUNIMA SULTANA | 2021-08-24 00:00:00

The Bangladesh Railway (BR) is going to bear an extra cost and take additional time to complete the Dhaka-Narayanganj new track-development works due to its faulty feasibility study.Sources said the BR will now either acquire 0.51 acres of land at...

Western states will condemn the Taliban, but do business with it

Zvi Bar'el | 2021-08-24 00:00:00

The takeover of Kabul by Taliban fighters was planned over many months. First, they took most of the border crossings between Afghanistan and its neighbours, Pakistan and Iran. Then they took the larger district capitals, followed by Kandahar and finally,...

Another vaccine to fight COVID

Syed Fattahul Alim | 2021-08-24 00:00:00

India is learnt to have developed a new kind of vaccine, named ZyCoV-D vaccine, to fight the COVID-19 pandemic. Produced by a biotech company, Cadila Healthcare, this DNA vaccine has reportedly been successful in 66 per cent of the cases....

Who to guide equity investment abroad?

SYFUL ISLAM | 2021-08-23 00:00:00

Two regulatory bodies run parallel preparing separate guidelines on equity investment abroad by Bangladeshi businesses, raising concern about possible clash of authority, sources said.Both the Bangladesh Bank (BB) and the Bangladesh Investment Development Authority (BIDA) are preparing the guidebook under...

High P/E ratios despite no significant rise in EPS

Mohammad Mufazzal | 2021-08-23 00:00:00

Shares of some 15 listed companies are being traded at P/E ratios ranging between 350 and 4030 due to appreciation observed in share prices despite they witnessed no significant rise in EPS.The P/E (price-to-earning) ratio is the ratio for valuing...

Financial structure matters for firm's innovation

Francesca De Nicola, Davide S Mare and Faruk Miguel Liriano | 2021-08-23 00:00:00

Innovation is paramount for firm growth and productivity. Well-functioning deep financial markets promote innovation by efficiently allocating capital to enterprises with promising projects. For example, risk-capital financing has fuelled the growth of unicorns, such as Lazada, GoJek, Stripe, Telegram, VNG...

Ugly faces of bribery and corruption

Neil Ray | 2021-08-23 00:00:00

While addressing the 113th,114th and 115th Law and Administration Courses at the Bangladesh Civil Service Administration Academy, Prime Sheikh Hasina asked all government officials to stay alert against bribery and corruption because the vice spoils the country's development. Economists and...

Exploiting light-engineering potential

Shamsul Huq Zahid | 2021-08-23 00:00:00

It is a well-known fact that the country has quite a number of sectors and subsectors that have huge export potential and what they need is necessary policy, financial and technological supports to bloom and fetch foreign exchange. The light-engineering...

Nothing surprising about Taliban victory

Syed Fattahul Alim | 2021-08-22 12:00:00

The way the US-backed Afghan government simply disintegrated even before an encounter with the Taliban insurgents has been surprising, even shocking, to some in the Western capitals watching the developments in that country over the years. For how could the...

Step for air cargo launch stalled for yrs

REZAUL KARIM | 2021-08-22 00:00:00

A government step to introduce a national air- cargo service has remained shelved for more than seven years, thanks to bureaucratic tangle.Sources said it was due for launch in mid-2015.The service proposed by commerce ministry was discussed at a meeting...

Successful farmers to be Agricultural VIPs

DOULOT AKTER MALA | 2021-08-22 00:00:00

Successful persons in agriculture and its subsectors, which evidently saved the situation during the current penury-inflicting pandemic, are being honoured with VIP status that entitles them to state privileges. Officials said pioneers in agriculture, fisheries, livestock and so will be...

Take evidence-based decisions in situation like Covid pandemic

FE Online Report | 2021-08-20 00:00:00

A panel of public-health experts has urged the policymakers to adopt evidence-based decisions for ensuring better impact of initiatives on the pandemic management.A combination of mandatory mask wearing, access to healthcare facilities for critically ill people and mass vaccination would...

Banks see NPL surge despite policy backup

SIDDIQUE ISLAM | 2021-08-20 00:00:00

Classified loans in the banking sector went ballooning in the first half (H1) of the current calendar year despite policy perks coming from the central bank to stem the rot.The volume of non-performing loans (NPLs) grew nearly 12 per cent...

BD, Australia going to strike TIFA deal

SYFUL ISLAM | 2021-08-20 00:00:00

Bangladesh and Australia are set to sign Trade and Investment Framework Agreement (TIFA) aimed at bolstering bilateral trade by way of removing barriers and tapping potential, officials said.Both the sides have completed the spadework and taken approval for signing the...

Bay Terminal to be completed in 2024: Khalid

Nazimuddin Shyamol | 2021-08-20 00:00:00

CHATTOGRAM, Aug 19: State Minister for Shipping Khalid Mahmud Chowdhury has said the under-construction Bay Terminal is the pride of Bangladesh like Padma Bridge. He said the operation of Bay Terminal will start in 2024.He said the Prime Minister is...

Dubious movement of cheap money

Shamsul Huq Zahid | 2021-08-20 00:00:00

The central bank seems to have smelt a rat in the movement of bank funds. That is why it has asked the banks to submit a report on transactions daily. Is it in any way connected with the current uptrend...

The tale of two women

Nilratan Halder | 2021-08-20 00:00:00

After a series of scandalous news involving women of high society and glamour world, the media seem to have dug up stories of a mother and a housewife so common and yet so exceptional. They represent the down-to-earth women in...

America suffers a humiliating defeat in Afghanistan

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-08-20 00:00:00

The game is now over. The United States suffered a humiliating defeat. This time it is in Afghanistan. This should not have happened. The United States invested over $2 trillion in the past twenty years. Its army lost 2,448 best...

Authorities find ways to pay 75pc in their home countries

Doulot Akter Mala | 2021-08-19 00:00:00

The authorities concerned met virtually on Wednesday, devising ways for the foreign nationals working in the mega projects here so that they can receive 75 per cent of the pay and perks in their home countries.Taking part in the meeting,...

Post-import financing comes under BB probe

SIDDIQUE ISLAM | 2021-08-19 00:00:00

Monitoring post-import financing (PIF) as a suspect behind an upturn in non-performing loans (NPLs) in the banking sector is being mounted by the regulator, officials said.Under the latest move, all the scheduled banks have been instructed to submit their PIF...

How to better manage the inner critic

Morium Kulsum | 2021-08-19 00:00:00

The inner critic is a sub-personality within an individual that criticises and demeans his/her activities. Sometimes, it becomes so active that people feel depressed or consider inner critic as an invisible enemy. In reality, it is not. Dr M Kamruzzaman...

Overwork culture

Sirajum Munira Tuli | 2021-08-19 00:00:00

"Focus on your skill development now," "increase your efficiency; it's for your own good," "You have the potential to be the 'Performer of the Month.' Just stick to it" -- these are some common offerings to the new entrants in...

Climate change a public health emergency

Cesar Chelala | 2021-08-19 00:00:00

The recent United Nations (UN) report on climate change alerts the world to the dramatic consequences to the environment that increasing global warming trends in our planet pose for our survival. One of these negative consequences is on people's health,...

Reviving ailing railway

Helal Uddin Ahmed | 2021-08-19 00:00:00

The volume of passengers and cargo that Bangladesh Railway can carry is many times higher than that of buses. The railway lines also do not require much space and can last long with negligible maintenance cost. Besides, railway services generate...

Biden was right in Afghanistan

Daniel Silverberg | 2021-08-19 00:00:00

In 2017, I arrived at Kabul's Hamid Karzai Airport as part of a congressional staff delegation. Even though the United States (US) embassy stood a mere four miles away, safety concerns necessitated our helicoptering from a recently constructed multimillion-dollar transit...

Superannuation fund-- a smart plan for private employees

Md Shamsul Arefin | 2021-08-19 00:00:00

The Sustainable Development Goal 8 is committed to "decent work and economic growth", meant to ensure fair wages and social protections for the working-class people by 2030. The Eighth Five-Year Plan (July 2020-June 2025) of Bangladesh provides for the extension...

Metro-rail viaduct test run likely from Aug 27

Munima Sultana | 2021-08-18 00:00:00

Test run of the country's first metro-rail on viaduct is expected to start on August 27, as five stations of the mass rapid transit (MRT) line-6 will be ready for it by then.Sources said electrical works of Uttara north, centre...

BB tells NBFIs to lend rightly

SIDDIQUE ISLAM | 2021-08-18 00:00:00

The central bank has instructed non-banking financial institutions (NBFIs) to ensure loan or lease financing appropriately for improving corporate governance in the financial sector, as some aberrations occurred.Under new provisions dictated by the Bangladesh Bank (BB), the NBFIs will have...

Move on to ease foreign workers’ salary transfer

DOULOT AKTER MALA | 2021-08-18 00:00:00

An official move gets underway to facilitate foreign nationals in Bangladesh to send home 75 per cent of their pay and perks by bending legal limitations, sources said.The initiative comes from Bangladesh Investment Development Authority (BIDA) as it feels the...

No bid on BB bills accepted

SIDDIQUE ISLAM | 2021-08-17 00:00:00

The central bank did not accept any bid from the auction of its two-type Bangladesh Bank (BB) bills on Monday as bidders quoted higher yields on the instruments, officials said."No bid was accepted from Monday's auction," a top central banker...