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ICDs can handle all import containers

SYFUL ISLAM | 2021-07-26 00:00:00

The National Board of Revenue (NBR) has permitted handling of all types of import containers through private inland container depots (ICDs) to lower congestion in the Chittagong Port during the pandemic-induced lockdown, officials said. Earlier, the ICDs were allowed to...

Man on ailing Earth suffers the consequences

Neil Ray | 2021-07-26 00:00:00

The planet Earth is in turmoil. Its health does not at all look sound. In the first year of the pandemic, the Earth got some breathing respite on account of widespread lockdowns across most parts of its length and breadth....

A bank loan that tells a tale of woes

Shamsul Huq Zahid | 2021-07-26 00:00:00

What an irony! Banks are finding it difficult to woo clients for their consumer loan that is now offered at very attractive interest rates.The demand for this particular type of loan plummeted to the lowest ever level in 2020 and...

Collection up 61.09pc in five yrs

DOULOT AKTER MALA | 2021-07-25 00:00:00

Advance tax collection from depositors has jumped by 61.09 per cent in the past five years, thanks to the expansion of banking services to bring more people under recorded transactions.Around 1.0-million depositors are paying taxes on their interest amount irrespective...

How to provide opportunities for all: Bangladesh case

Lucas Arribas Layton, Oni Lusk-Stover, Keiko Inoue and Shobhana Sosale | 2021-07-25 00:00:00

"The way I had to struggle, I hope other women do not struggle as much. I want to help women find jobs and advance themselves," Jenatul Ferdous Min says, expressing not only ambitions for herself but for all Bangladeshi women.Bangladesh...

Delhi reminds Dhaka to remove port restrictions

SYFUL ISLAM | 2021-07-24 00:00:00

New Delhi has reminded Dhaka again to remove port restrictions for smooth export of Indian goods using Bangladeshi land ports, officials said.The giant neighbour in this case referred to its note verbale of September 2020 and the 13th meeting of...

Professional jealousy and backbiting

Md. Ziauddin Iqbal | 2021-07-24 00:00:00

Professional jealousy and backbiting in the workplace are emerging as alarming social diseases. Professional jealousy and backbiting are very common in the society. It may be termed as a severe social disease that sees many persons fall sick and suffer....

Fading colours of life in time of pandemic

Nilratan Halder | 2021-07-24 00:00:00

"Life is like a rainbow. You need both sun and rain to make its colours appear." A 29-year-old social media personality and instagram star from Saudi Arabia has perhaps captured life in the above quotation as best as humanly possible...

Stocks extend rally as major sectors soar

BABUL BARMAN | 2021-07-24 00:00:00

Stocks closed higher in the shortened week that ended on Monday as investors put fresh bets on major sector issues amid post-Eid expectations.The week featured only two trading days as the market remained closed on July 20, 21 and 22...

Economic corridors as infrastructure of extraction

Charlie Thame  | 2021-07-24 00:00:00

Economic corridors are geographically targeted development initiatives currently under construction on nearly every continent of the planet. While hard infrastructure such as transportation links, power generation, ports, and industrial zones contrive a spine, economic corridors are distinguished by accompanying “soft...

Making space travel affordable

Syed Fattahul Alim | 2021-07-24 00:00:00

Jeff Bezos, the former CEO and cofounder of the world's e-business giant, Amazon, has successfully made his suborbital space voyage. After getting separated from the reusable New Shepard Rocketship,the capsule,in which Bezos and three of his companions-his brother Mark Bezos,...

Simon Dring: A personal tribute

Syed Badrul Ahsan | 2021-07-24 00:00:00

When I first met him in his office in Camden, London, it was with love that he spoke of Bangladesh, of the experience of the country that had become part of his memory. The time was the late 1990s and...

Targeted sectoral policy and operational measures for export diversification during post-Covid period

Khondaker Golam Moazzem | 2021-07-24 00:00:00

In recent months, Bangladeshi exporters revealed a positive news regarding receiving additional export orders originated from new sources. Exporters of apparels products claim they have received orders which are usually placed to counties like Myanmar and India. During the period...

BR seeks to start freight service from Aug 1

MUNIMA SULTANA | 2021-07-20 00:00:00

Bangladesh Railway (BR) has proposed starting the regular cross-border freight service between Bangladesh and India through Chilahati-Haldibari corridor from August 1, seven months after inauguration of the service.The Bangladesh side made the proposal during a meeting with the Indian Railway...

Call money rate almost stable

SIDDIQUE ISLAM | 2021-07-20 00:00:00

The call money (CM) rate remained almost stable on Monday, the last working day before the Eid vacation, as banks were flooded with excess liquidity amid poor credit demand due to the ongoing Covid-19 pandemic, bankers said. The weighted average...

NBR clarifies provision on investment

DOULOT AKTER MALA | 2021-07-20 00:00:00

Formation of paid up capital after establishing a new company or purchasing land alone in the name of a company would not be considered as visible investment to avail money whitening opportunity.People, who are willing to formalise undisclosed money through...

Giving football a chance

Syed Fattahul Alim | 2021-07-20 00:00:00

Supporters of Argentina and Brazil teams from the eastern district of Brahmanbaria clashed over the result of the Copa America final match leading to several persons getting injured. Copa America is a purely South American football event. Why should football...

The global recovery is bypassing the poorest countries

Indermit Gill & Akihiko Nishio | 2021-07-20 00:00:00

The global economy is booming-or so it might seem. Global growth is surging again, only a year after Covid-19 triggered the deepest recession since World War II. This year is likely to mark the strongest post-recession rebound in 80 years:...

Non-resident cos hit hurdles

Doulot Akter Mala | 2021-07-19 00:00:00

Several non-resident companies (NRCs) could not submit their VAT returns on time because of the complexities involving VAT law compliance, officials said. They said two global technology giants - Google and Amazon - failed to file their VAT returns within...

Expansionary stance to continue in FY'22

SIDDIQUE ISLAM | 2021-07-19 00:00:00

Bangladesh Bank (BB) has decided to continue with the expansionary monetary policy stance (MPS) during the current fiscal year (FY) to facilitate the recovery of the pandemic-hit economy, officials said.The decision was taken at a meeting of the BB board...

ITDCL set to miss deadline to ready 11.73-km track

Munima Sultana | 2021-07-19 00:00:00

When the metro rail company finds it hard to revise the schedule for launching MRT Line-6 amid the deteriorating coronavirus situation, it faces trouble with its Thai contractor for taking more time in completing the first half of the line.Sources...

Super spreader events exact a heavy price

Neil Ray | 2021-07-19 00:00:00

At a time when the country's daily death from Covid-19 is more than 200 and the infection rate around 30 per cent, the lockdown has been relaxed. The reason for the relaxation, as announced officially, is to facilitate movement of...

The poor and rising prices of essentials

Shamsul Huq Zahid | 2021-07-19 00:00:00

The country is going through the most difficult phase of the pandemic. Health authorities are finding it difficult to cope with the surge of patients in district hospitals almost half of which do not have the facilities such as central...

Tax receipts from DSE hit 10-year high

BABUL BARMAN | 2021-07-18 00:00:00

The government's revenue earnings from the Dhaka bourse hit a 10-year high to Tk 2.66 billion in the just concluded fiscal year.Market operators said on the back of rising trading volume, the government earnings from the prime bourse rose accordingly,...

Making trade work for everyone

Mari Elka Pangestu | 2021-07-18 00:00:00

Protectionism is on the rise in many parts of the world, and the Covid-19 pandemic is only partly to blame. This is hardly a new phenomenon. When I was Indonesia's trade minister a decade ago, trade liberalisation certainly did not...

Factory closure may disrupt supply chain

REZAUL KARIM | 2021-07-17 00:00:00

A state agency has cautioned that the proposed long-term closure of factories, including those producing commodities, might disrupt supply and the potential hike in their prices in the market.The Bangladesh Trade and Tariff Commission (BTTC) has warned against the backdrop...

BD to press India not to extend tenure

SYFUL ISLAM | 2021-07-17 00:00:00

The government will place arguments to India next month on why the neighbouring country should not further continue imposing anti-dumping duty on export of Bangladeshi jute goods, officials said. India started conducting 'sunset review' last month on import of Bangladeshi...

Stocks extend rally amid relaxed lockdown

BABUL BARMAN | 2021-07-17 00:00:00

Stocks extended rally for the four consecutive weeks as investors continued their buying interest on major sector issues riding on the news of relaxed lockdown and new stimulus packages.DSEX, the prime index of the Dhaka Stock Exchange (DSE), surpassed the...

What it means for firm value

Sudipta Bose, Syed Shams, Muhammad Jahangir Ali, and Dessalegne Mihret | 2021-07-17 00:00:00

Whether the engagement of corporations on sustainability matters contributes to business performance has been a vexed issue. The issue has become even more important as the world has witnessed the damaging effects of COVID-19 since early 2020, leading to the...

Prolonged unhealthy encounter with uncertainties

Nilratan Halder | 2021-07-17 00:00:00

A highly appealing romantic song of Arati Mukherjee is, "Ek Baishakhe dekha holo dujanar". In the third sentence, 'Aschhe Ashad mas, mon tai bhabchhe ki hoi ki hoi, ke jane ki hoi', the trepidation mixed with thrill reaches the tipping...