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Bangladesh in time of global food crisis

Nilratan Halder | 2022-12-30 00:00:00

The majority of people the world over would like to forget the year 2022 along with the preceding two pandemic years. If unrelenting processions of patients towards hospitals and the dead to the graveyards or crematories marked the pandemic years,...

Fight against doom and gloom to continue: Ahsan H Mansur

Mohammad Mufazzal | 2022-12-30 00:00:00

The stock market is heading into 2023, bearing the burden of domestic financial mismanagement, supply chain disruptions, and economic slowdowns globally. Unless these macroeconomic worries are addressed and the government designs policies to facilitate corporate earnings, a stable market is...

2023 may be better if regulators stop market intervention

Mohammad Mufazzal | 2022-12-30 00:00:00

Good governance should be the priority of the securities regulator and the central bank in 2023 to reduce volatility in the capital market and rejuvenate it. The major challenges that the stock market faces are liquidity crunch, low trade volumes,...

Factors to play behind bear-or-bull market of 2023

BABUL BARMAN | 2022-12-30 00:00:00

The stock market had a tough ride this year due to the war in Ukraine that intensified economic uncertainties and caused inflation to go a 12-year record high while floor prices turned most stocks illiquid, denting investors' confidence.The year, however,...

Bangladesh enters speedy electric commuting era

MUNIMA SULTANA | 2022-12-29 00:00:00

Bangladesh enters speedy electric-commuting era as its maiden metro rail opened Wednesday with the first modern train ceremonially rolled on a section of multi-phased mass rapid-transit line. Prime Minister Sheikh Hasina became first passenger to book ticket and board the...

DSE curbs access to market via app to continue services for free

Mohammad Mufazzal | 2022-12-29 00:00:00

Seven years have gone by since the Dhaka Stock Exchange (DSE) launched a mobile app to facilitate trading by investors from any corner of the world without the help of an intermediary, but it has not let the number of...

Exchange rate and inflation: impacts on private credit in Bangladesh

Md Habibur Rahman, Md Salim Al Mamun and Nasrin Akter Lubna | 2022-12-29 00:00:00

The Covid-19 pandemic has badly affected economic activities worldwide, and Bangladesh was no exception to the impact. Central banks, as the regulator of financial systems, particularly for the banking systems, faced enormous challenges during the Covid-19 period to support macroeconomic...

This is the year that was ...

Syed Badrul Ahsan | 2022-12-29 00:00:00

So ends another year. So is one more year taken from our lives. So are we informed, in so many words, that this ancient planet we inhabit and the souls inhabiting our corporeal beings are all headed for the twilight....

All borders open to import of plethora of products

DOULOT AKTER MALA | 2022-12-28 00:00:00

All land borders open to potential cross-border trade as the government relaxes restrictions on a plethora of new products for import from Bangladesh's next-door neighbours.Also, customs sources say, it proposed to add new  import-export route to facilitate trade with Bhutan....

Maiden metro rail rolls in Dhaka today

MUNIMA SULTANA | 2022-12-28 00:00:00

Many look agog with enthusiasm to enjoy modern and faster transport ridership as the maiden metro rail in Bangladesh is ready to roll in Dhaka today under a mass- rapid-transit project. Prime Minister Sheikh Hasina is scheduled to flag off...

Kudo goes where it is due

Munima Sultana | 2022-12-28 00:00:00

There is no denying that people engaged in developing the first Mass Rapid Transit (MRT) all deserve some credit when it has reached a stage of inauguration with high hopes to give a different taste to the daily trips of...

Metro blows whistle today

Munima Sultana | 2022-12-28 00:00:00

Yet another example is set that anything and everything is possible if desire and deeds roll on towards the goal no matter whatever headwinds blow. After the Padma bridge coming into a rare reality, the opening of Mass Rapid Transit...

Sounds of fireworks and the plights of the unheard

Mehnaz Lameesha | 2022-12-28 00:00:00

As the clock ticks down to 11:59 p.m. on December 31, 2022, people worldwide will begin counting the seconds until the start of the new year and bid farewell to 2022. People will enter the new year with fresh vows...

Skills dev policy awaits cabinet nod today

TALHA BIN HABIB | 2022-12-27 00:00:00

Bangladesh is set to adopt a new national integrated rural and marginalised people development policy.Agriculture, fisheries, livestock and handicraft sectors will get priority for development through grooming the backward section in the backwoods, according to the industries ministry.The draft policy...

Rate caps doubly block bank, bourse dev: WB

Mohammad Mufazzal | 2022-12-27 00:00:00

Phased lifting of the rate cap on lending is among some key remedies the World Bank prefers for its engagement with Bangladesh's capital-market development under a major recipe, sources say. The multilateral development financier feels that interest-rate caps pose roadblocks...

Who are these new Sundarbans robbers?

Syed Fattahul Alim | 2022-12-27 00:00:00

The robbers of Sundarbans seem to have returned to their old profession. The Bagerhat police say they rescued at least 15 fishermen kidnapped between December 13 and 18 by the robbers last week. The police claimed that in the face...

In the face of the looming global food crisis

M Kabir Hassan and Mohammad Dulal Miah | 2022-12-27 00:00:00

Seven years ago, world leaders made a commitment to bring an end to global hunger by 2030, which at that time seemed practically rational and achievable. However, this objective is now seemingly more distant than ever before. According to the...

Looming threat of a new pandemic variant

Syed Fattahul Alim | 2022-12-26 12:00:00

Coronavirus has not gone yet. The report on the surge of fresh cases coming from China concerns a new sub-variant of the Omicron, BF.7. To go by Bloomberg, every day this version of the coronavirus is infecting about one million...

BTRC rejects application of 301 ISPs

ISMAIL HOSSAIN | 2022-12-26 00:00:00

The country's telecom regulator has rejected licence application of 301 internet service providers (ISP) as there is no room for new entrant for overcrowded broadband internet providers. More than half of these applications are from Dhaka and adjacent areas, according...

Huge revenue hidden from shorthanded NBR hunt

DOULOT AKTER MALA | 2022-12-26 00:00:00

Registered individual taxpayers in Bangladesh have swelled sevenfold in the last one decade while tax department lies shorthanded with its age-old setup, thus leaving much of potential revenue unnoticed.Existing tax offices with 31 income-tax zones across the country was designed...

There is a limit to tourism

Neil Ray | 2022-12-26 00:00:00

Winter in this part of the world has long lost its bite although in the country's north it has at times spells of severe cold wave. The sea coasts are particularly pleasant during the season. With the educational institutions remaining...

Rising highway robbery incidents worry Ctg businesses

NAZIMUDDIN SHYAMOL | 2022-12-25 00:00:00

CHATTOGRAM, Dec 24: Businesses, including trade body leaders, in the port city have expressed worries over rising incidents of robbery on the Dhaka-Chattogram Highway in the last several years. After nearly two decades, gangs of robbers have regrouped and become...

Titas Gas seeks refund of Tk 15.59b source tax

DOULOT AKTER MALA | 2022-12-25 00:00:00

The Titas Gas Transmission and Distribution Company Limited (TGTDCL) has sought refund of Tk 15.59 billion source tax -- lying with the tax authority -- to offset acute liquidity crisis that is hampering its regular activities.The sum of source tax...

Metro rail ready to run with many firsts

MUNIMA SULTANA | 2022-12-25 00:00:00

The maiden metro rail, ready to roll this week, is set to introduce many new features in the transport system for the first time, according to officials and experts.The mass rapid transit (MRT)-06 is going to give a new taste...

Grameen Bank set to post 'highest profit' in 2022

ISMAIL HOSSAIN | 2022-12-25 00:00:00

The microcredit pioneer Grameen Bank has recovered a record amount of classified loans in the past 11 months of the outgoing year 2022.All other indicators also showed positive developments.In contrast to loan defaulting and recovery trends in the country, the...

What is central bank's stand on inflation?

Asjadul Kibria | 2022-12-25 00:00:00

Bangladesh Bank has come under serious criticism for not raising the policy rates to curb inflation, unlike the central banks of many countries that are using the tool, including the US Federal Reserve. Most economists argue that by not increasing...

Cost of living: the nightmare that haunts

Hasnat Abdul Hye | 2022-12-25 00:00:00

As an expression, cost of living almost always bodes a feeling of concern for common men and women who are in the majority. It sometimes becomes alarming for many of them when the gap between income and expenses for essentials...

Protection deal delays deter Canadian investment

SYFUL ISLAM | 2022-12-24 00:00:00

Finalising a draft Foreign Investment Protection Agreement (FIPA) gets in a slow lane, deterring Canadian investment in Bangladesh and delaying a bilateral free-trade deal, officials say.The Canadian High Commission in Dhaka has shared with Bangladesh a model of the proposed...

Stocks wobble, turnover tumbles as investor sentiment remains low

BABUL BARMAN | 2022-12-24 00:00:00

Stocks retreated into the red in the outgoing week to Thursday, as it appears that the prolonged bearish market may not fizzle out anytime soon. In the absence of a major market trigger in these times of economic uncertainty, investor...

No escape from the spree of adulteration

Nilratan Halder | 2022-12-24 00:00:00

Like it or not, it is a land of adulteration. There is hardly any conscious people who does not think twice before making a purchase of the consumables. Whether it is the staple, vegetables, fruits, eggs, fish, meat, cooking oil,...