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Challenges of regulating data

Syed Fattahul Alim | 2023-02-14 00:00:00

Data are often random, unorganized facts such as a word, a symbol, etc that can be processed into information. In isolation data carry no meaning. But when put into context, they create information that people use to make plans, conduct...

Coming separate TIN for non-taxable

DOULOT AKTER MALA | 2023-02-13 00:00:00

A major overhaul in the existing TIN system has been planned for introducing temporary registration number for marginal- income people, which may remove a current tax-receipt mismatch.Under the government plan, sources said, the temporary TIN or tax- identification number can...

Shipping Corp's sole right to handle state imports sends stock flying

BABUL BARMAN | 2023-02-13 00:00:00

State-run Bangladesh Shipping Corporation (BSC) soared 18 per cent in just a week as the ocean-going vessel management company won an almost exclusive right to transport government-funded cargoes. The Ministry of Shipping (MoS) issued the Bangladesh Flag Vessel (protection of...

Hazardous air pollution in classrooms

Neil Ray | 2023-02-13 00:00:00

Dhaka City has the dubious distinction of topping the list of the worst polluted cities in the world perhaps for longer than any other city in the world of late. This is despite the fact that ground work of the...

Lessons from Turkey-Syria earthquake

Syed Fattahul Alim | 2023-02-13 00:00:00

The survival rate of the victims of earthquake of such gigantic magnitude (7.8 on the Moment Magnitude, or Mw, scale), as it happened on the Turkey-Syria border, falls very fast with each passing hour. Especially, the first 72-hour is a...

Morgan Stanley's "special treatment" for Bangladesh sends out warning against illiquidity of assets

Mohammad Mufazzal | 2023-02-12 00:00:00

Global investment research firm Morgan Stanley Capital International (MSCI) in its latest quarterly review decided to bring no change in measuring Bangladeshi stocks' performance in its frontier markets index due to "the deterioration of liquidity" in the equity market. MSCI...

What does 'Just Transition' mean for Bangladesh?

Haseeb Md Irfanullah | 2023-02-12 00:00:00

Despite being one of the most climate-vulnerable countries, Bangladesh is often hailed for its climate adaptation actions and branded as the 'adaptation capital', 'adaptation teacher', or 'adaptation leader' of the world. But the country's adaptation actions shouldn't undermine its mitigation...

Central bank's inflation alarm

Asjadul Kibria | 2023-02-12 00:00:00

No respite will be there from high inflation in the near future. It is the core message of the latest annual report of Bangladesh Bank. The central bank released the annual report for fiscal year 2021-22 last month, around seven...

How to save the lives of septic tank workers

Hasnat M. Alamgir | 2023-02-11 12:00:00

Deaths of septic tank workers have regrettably become quite frequent in Bangladesh as repetitive newspaper and electronic media reports demonstrate. Septic tank workers or sanitation workers in general receive little attention about their health, safety, and well-being from any quarter...

Bangabandhu tunnel work nearing end

NAZIMUDDIN SHYAMOL | 2023-02-11 00:00:00

CHATTOGRAM, Feb 10: The construction work on the much-awaited Bangabandhu Sheikh Mujibur Rahman Tunnel, the first under-river tunnel in the country, is nearing completion as progress in work has reached 96 per cent. Project Director Harunur Rashid expressed the hope...

Policy making on offshore investment faces dilemma

REZAUL KARIM | 2023-02-11 00:00:00

A latest policy preparation facilitating Bangladeshis making offshore investment in foreign countries gets into a dilemma as some officials mentioned that an already-existing law on 'Capital Account Transaction' holds identical provisions. Sources said different state agencies, including finance ministry and...

Govt weighs borrowing with short-term Sukuk

JASIM UDDIN HAROON and SYFUL ISLAM | 2023-02-11 00:00:00

Introducing a new short-term Islamic bond styled 'Sukuk' is now under government consideration to meet its momentary requirement of liquidity which has shown negative balance frequently this fiscal year.A decision in this regard was made at a recently held meeting...

Withered love for language manifests raw sores

Nilratan Halder | 2023-02-11 00:00:00

Stuck in gridlocks of Dhaka traffic, the best way is to keep one's eyes open to the surrounding in order to get over the anxiety, irritation and impatience. People's comments, behaviour and movement can shed a new light if one...

Chronicle of a Bangladeshi expatriate in the USA

Helal Uddin Ahmed | 2023-02-10 12:00:00

It was over fifty years ago in March 1968 when Rahima Karim had boarded a PIA flight from Dhaka that was bound for London. A few days later, a Pan American Airlines (PANAM) flight from the UK landed her at...

EU seeks govt support to remove obstacles to LHBL operations

REZAUL KARIM | 2023-02-10 00:00:00

Amid resistance by local interest groups, the European Union (EU) has sought intervention by the government of Bangladesh so that LafargeHolcim Bangladesh Limited (LHBL), a multinational company listed in Bangladesh, can continue its aggregate limestone business in the open market...

Plan to open entire MRT-6 corridor by Dec

MUNIMA SULTANA | 2023-02-10 00:00:00

Dhaka metro-rail company plans to make operational the entire corridor of the Mass Rapid Transit Line 6 (MRT-6) from Uttara to Motijheel by December this year.Dhaka Mass Transit Company Limited (DMTCL) Managing Director MAN Siddique in a press conference on...

Preparedness for a major earthquake

Nilratan Halder | 2023-02-10 00:00:00

The planet Earth, the only known orbiting satellite of the star Sun serving as home to life, convulses and does so at an interval ranging roughly between 100/120 and 500 years. Such convulsions take the form of volcanic eruption or...

Why is green finance not picking up in Bangladesh?

Karimul Tuhin | 2023-02-10 00:00:00

Greening the economy is the prerequisite for attaining sustainable development goals. Transitioning to a green economy requires large-scale investment, with a principal role for the government to build an enabling environment for private sector financial institutions to scale up green...

Construction of Bay Terminal of Ctg port to start this year

NAZIMUDDIN SHYAMOL | 2023-02-09 00:00:00

CHATTOGRAM, Feb 08: The construction of the Bay Terminal of Chittagong seaport is likely to start this year. The Chittagong Port Authority (CPA) has sent the Draft Project Profile (DPP) to the ministry for approval. After getting the approval of...

MRT-6 to add two stoppages this month

MUNIMA SULTANA | 2023-02-09 00:00:00

The MRT-6 is likely to add two more stoppages at Mirpur and Uttara this month, making a total of five out of nine stations between Agargaon and Uttara operational.The date of inauguration is yet to be confirmed, sources said.The Dhaka...

Thrust on tackling hurdles to grab huge potential

DOULOT AKTER MALA | 2023-02-09 00:00:00

Multiple barriers in business operation compelled many of the cross-border e-commerce (CBEC) entrepreneurs to choose other countries as favourable investment destinations, said insiders.More than 50 entrepreneurs have already shifted their investment to other countries, including the UAE, due to their...

Enhance speaking skills by speaking

Mohidul Alam and Zarin Tasnim Safa | 2023-02-09 00:00:00

Improving one's speaking abilities can be a lifelong journey, and it starts with self-reflection. Everyone makes mistakes while speaking, even after spending countless hours studying grammar, but the key to progress is acknowledging and correcting these errors. A speaking partner...

The balloon affair and the new Cold War

Syed Badrul Ahsan | 2023-02-09 00:00:00

The Americans have finally shot down the Chinese balloon over the surging waters of the sea. As Washington puts it, the balloon was engaged in a surveillance of US defence installations, having made its way from Alaska through Canada and...

Govt searching funds for Dhaka-Ctg 8-lane project

MUNIMA SULTANA | 2023-02-08 00:00:00

The government is trying to get funds from development partners to upgrade the Dhaka-Chattogram highway into an eight-lane one, including service lanes.The Roads and Highways Department (RHD) has estimated the cost to be roughly around Tk 730 billion - more...

Little progress in raising paid-up capital by small stocks

MOHAMMAD MUFAZZAL | 2023-02-08 00:00:00

More than a year after the securities regulator's directive to small-cap companies to raise their market capital, only a handful of them acted on it and made any progress. The Bangladesh Securities and Exchange Commission (BSEC) asked 64 listed small-cap...

Chickpea prices go up far ahead of Ramadan in Ctg wholesale mkt

NAZIMUDDIN SHYAMOL | 2023-02-08 00:00:00

CHATTOGRAM, Feb 07: Prices of chickpeas keep on rising in the Chattogram wholesale market, increasing the prices of the widely consumed item in the retail market far ahead of Ramadan.The wholesalers at Khatunganj, Chaktai and Asadganj in the port city...

Bangladesh cuts wish-list for India imports

REZAUL KARIM | 2023-02-07 00:00:00

Bangladesh has slashed its wish-list for annual import of six consumer commodities from India in tune with domestic demand, official sources said. Delhi recently recommended that Bangladesh should rationalize its proposed yearly commodities quota.The revised proposal has cut by 44.4...

Scam-hit UFS assets lost Tk 2b, higher than reported

Mohammad Mufazzal | 2023-02-07 00:00:00

A recent scrutiny reveals that Universal Financial Solutions' (UFS) top executive siphoned off Tk 2.07 billion from scam-hit four unit funds, higher than the reported Tk 1.58 billion. Ahmed Zaker & Co. Chartered Accountants appointed as the auditor had certified...

Tea output edges down in 2022

NAZIMUDDIN SHYAMOL | 2023-02-07 00:00:00

CHATTOGRAM, Feb 06: The country saw a slight fall in tea production last year after a record output in 2021, although the production cost increased. The annual tea production stood at 90.38 million kg in 2022, down from around 90.656...

Restructuring students' fees at private universities

Syed Fattahul Alim | 2023-02-07 00:00:00

Day by day, higher education is becoming both expensive and a matter of luck for the students. Increasing number of students passing out from the higher secondary level educational institutions are finding it hard to get admission into public or...