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Govt's steps to ensure freedom of media in Bangladesh

Md Saifullah | 2021-06-01 00:00:00

The Constitution of the People's Republic of Bangladesh guarantees freedom of thought and conscience and of speech as fundamental rights. The present democratic government led by Prime Minister Sheikh Hasina firmly believes in freedom of press, as the fourth estate...

Reconciling with the past

Syed Fattahul Alim | 2021-06-01 00:00:00

History has long been about the history of the conquerors, heroes. What happened to the people so conquered after their kings were defeated by the more powerful invaders was not of much interest to the writers of imperial history. The...

Why have bankruptcies fallen during the pandemic?

Paul Vandenberg | 2021-06-01 00:00:00

The number of bankruptcies fell in 2020 in many countries. At first glance, this is a strange occurrence as 2020 was the year of the Covid-19 outbreak that caused lockdowns, a sharp decline in business activity, and negative economic growth....

The landmark credit swap

Shamsul Huq Zahid | 2021-05-31 12:00:00

Something incredible is happening. Bangladesh has decided to lend $200 million to Sri Lanka under a currency swap deal. The lending decision has caused many to raise their eyebrows, at least, for a couple of reasons. The first reason is...

Bourses attract a paltry amount of black money

Doulot Akter Mala | 2021-05-31 00:00:00

Belying the policymakers expectations, only a meagre amount of 'undisclosed' funds, legalised under a controversial tax exemption facility, flowed into the country's bourses until May 25 of the current fiscal year (FY).An amount of Tk 2.82 billion, which is only...

World No Tobacco Day: Commit to Quit

Md Touhidul Alam Khan | 2021-05-31 00:00:00

Every year on May 31, the World Health Organisation (WHO) observes 'World No Tobacco Day'. The objective of the day is to create awareness about the ill effects of tobacco use and how we can attain a tobacco-free future. Almost...

Can the law promote provision and uptake of childcare?

Marina Elefante and Alena Sakhonchik | 2021-05-31 00:00:00

Childcare matters for the economic participation of men and women alike. Parents of young children would not be able to join the labour force without it. However, women have a higher stake in this issue as they carry out the...

Adapting IMF advice to a new economic landscape

Fabian Bornhorst and Ceyla Pazarbasioglu | 2021-05-30 12:00:00

The International Monetary Fund (IMF) is responding to the policy challenges of a fast-changing global economy still reeling from the Covid-19 crisis: it is modernising the way it provides its regular policy advice to member countries-a process known as surveillance.The...

Full-scale work on for completion by Jun 2022

MUNIMA SULTANA | 2021-05-30 00:00:00

The builders are hopeful of completing the country's longest Padma Multipurpose Bridge by June 2022 despite slow progress in work amid the second wave of coronavirus.The Padma Multipurpose Bridge Project (PMBP) office recently extended the deadline of completing the bridge...

Fiscal steps likely to make contractors tax-compliant

DOULOT AKTER MALA | 2021-05-30 00:00:00

The government is likely to impose fiscal measures in the upcoming budget that is expected to compel the contractors to become tax-compliant in case of realizing their bills, sources said.The contractors would have to receive the payments through banking channel...

Regulatory reforms of stock mkt hailed

Mohammad Mufazzal | 2021-05-30 00:00:00

Experts and stakeholders have hailed the regulatory reforms brought in rules and the actions taken against the wrong doers to enhance good governance in the country's capital market.Their evaluation came on completion of one year of the securities regulator's incumbent...

DSEX adds 730 points in seven straight weeks

BABUL BARMAN | 2021-05-29 00:00:00

Stocks extended their rally for the seven consecutive weeks that ended on Thursday as investors continued to put fresh bets on stocks amid budgetary expectations.Week-on-week, DSEX, the core index of the Dhaka Stock Exchange (DSE), went up by 172.75 points...

Battling leprosy with higher budgetary support

Md. Sazedul Islam | 2021-05-29 00:00:00

Leprosy seemed to be a less important issue in the country. Due to outbreak of Covid-19, leprosy has reportedly lost its more importance. Bangladesh's aim to achieve the leprosy-free country target seemed uncertain due to continued negligence of concerned policymaking...

How valuable is connectivity?

Cecile Fruman, Matias Herrera Dappe and Charles Kunaka | 2021-05-29 00:00:00

Strong cross-border transport links make it easier to import and export goods. The benefits typically ripple throughout the economy, boosting the income of people near and far. In the case of Bangladesh, seamless transport integration with neighbouring India would stop...

Establish a Palestinian state

Carolina Landsmann | 2021-05-29 00:00:00

Any way you look at it, whether the focus is on Gaza, the West Bank or the internal tension vis-à-vis Israel's Arab citizens, the solution to the Israeli-Palestinian conflict is the same: two states for two peoples. Even those who...

Pandemic fight -- the case of Icddr,b

Md Saiful Islam and AKM Tariful Islam Khan | 2021-05-29 00:00:00

The Covid-19 pandemic has shaken lives of people, communities, organisations and governments across the world. Like any other organisation, icddr,b was at a loss about the twin threats of the outbreak - protecting lives and livelihoods of its employees and...

Dealing with black and white fungi

Syed Fattahul Alim | 2021-05-29 00:00:00

While the nation is engaged in a protracted battle against Covid-19 pandemic, yet another kind of morbidity is learnt to have been looming on the horizon. It is a deadly fungal infection known as black fungus, or mucormycosis. The fungus...

Role of trade unions for sustainable recovery of pandemic- stricken labour market

Khondaker Golam Moazzem and Taslima Taznur | 2021-05-28 12:00:00

Since the advent of the Covid-19 pandemic, the global economy has failed to cope up and is struggling to rebound. The pandemic has had a profound impact on the world of work in the first half of 2020, but, in...

Regaining the lost ground?

Shamsul Huq Zahid | 2021-05-28 00:00:00

Since the deadly pathogen SARS-CoV-2 started wreaking havoc across the globe, there has been an unprecedented race to develop vaccines to deal with the pandemic. Because of notable scientific progress achieved in the recent decades, researchers in several countries could...

Time to decode Bangladesh-Israel trade

Asjadul Kibria | 2021-05-28 00:00:00

From now on, Bangladesh passport is 'valid for all countries of the world.' Even a few months ago, the passport contained the words 'valid for all countries of the world, except Israel.' Dropping of the words 'except Israel' might lead...

Cap on MFS cash transactions likely

DOULOT AKTER MALA | 2021-05-27 00:00:00

The tax authority may impose a limit on cash transactions from merchant accounts through Mobile Financial Services (MFS) in the upcoming fiscal year (FY), sources said.The tax officials would not allow cash transactions beyond the cap and the amount would...

Ministry proposes import tax on computer, laptop

Ismail Hossain | 2021-05-27 00:00:00

A ministry has proposed to impose 30-32 per cent tax on import of computer and laptop to facilitate developing domestic industry, sources said.The Ministry of Telecommunication and ICT has put forward the recommendation to the National Board of Revenue (NBR)...

Imports drop by over 10pc in April

Siddique Islam | 2021-05-27 00:00:00

Bangladesh's overall imports dropped by more than 10 per cent or US$509.03 million in April last mainly due to the second wave of the Covid-19 pandemic, bankers said.Settlement of letters of credit (LCs), generally known as actual import, in terms...

NBR to make fish farming less attractive for tax evaders

DOULOT AKTER MALA | 2021-05-27 00:00:00

The National Board of Revenue (NBR) is likely to impose a higher rate of tax on income from fish farming in the next budget if the earnings exceed a certain ceiling, officials said.The government is considering imposition of the tax...

14 metro rail sets to be made by this yr

Munima Sultana | 2021-05-27 00:00:00

Dhaka metro rail company is likely to get 14 sets of train manufactured by this year against its target of 24 sets, as global coronavirus pandemic delayed their manufacturing process by almost a year.Sources said Japanese company Kawasaki Heavy Industries...

Most listed MNCs declare hefty dividend

BABUL BARMAN | 2021-05-27 00:00:00

Most of the listed multinational companies (MNCs) have recommended substantial amount of cash dividends for the year ended on December 31, 2020, maintaining their profit growth.Currently, there are twelve multinational companies listed with Dhaka Stock Exchange (DSE), which account for...

Chinese economic recovery bolstered in Q1

Liu Zhenhua | 2021-05-27 00:00:00

In the first quarter of this year, Covid-19 pandemic curbing and economic and social development in China continued to make great achievements. The national economy continued to recover steadily, and the basic livelihood of the people was effectively guaranteed. The...

Pharmaceutical mailbox patents and LDC graduation

Mohammad Towhidul Islam | 2021-05-27 00:00:00

Bangladesh, a least developed country (LDC), possesses a vibrant US$2 billion, or around 1 per cent gross domestic product from its pharmaceutical industry that produces off-patent generic and on-patent medicines and supplies them at home to fulfill almost 98 per...

Gaza, war crimes and behavioural dichotomy

Syed Badrul Ahsan | 2021-05-27 00:00:00

Palestinians in Gaza and occupied Arab territory have been celebrating the ceasefire that has brought the military conflict between Hamas and Israel to an end, at least for now. In Israel, Benjamin Netanyahu has been gloating over his country's 'victory'...

Lessons of history to help end pandemic

Helal Uddin Ahmed | 2021-05-27 00:00:00

As the world approaches the one-and-a-half-year mark of Covid-19 pandemic, people across the globe are wondering how and when this invisible war at the microscopic level will come to a conclusion! Experts opine, there might have been a short-lived opportunity...