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Dhaka to request Washington to restore GSP

REZAUL KARIM | 2022-11-28 00:00:00

Dhaka would request Washington to restore the Generalized System of Preferences (GSP) for widening the market access of its products to the US - the single-largest export destination for Bangladesh.The 6th meeting of the Trade and Investment Cooperation Forum Agreement...

Too many issue managers chase too few IPOs

Mohammad Mufazzal | 2022-11-28 00:00:00

It was 2016 when Swadesh Investment Management last performed as an issue manager while bringing out the initial public offering of Dragon Sweater and Spinning Limited. A fine of Tk 5 million has recently been slammed on the merchant bank...

A potential threat from Sars-Cov-2-like virus

Neil Ray | 2022-11-28 00:00:00

The latest finding of five viruses pathogenic to humans and livestock in southern China is indeed a cause for serious concern. This is only more so because one of the pathogens has close resemblance with Sars-Cov-2 and Sars. Samples taken...

Growth that benefits the rich

Syed Fattahul Alim | 2022-11-28 00:00:00

The top one per cent of the country's rich has not experienced much change in their earnings or amounts of wealth recently when compared to their status a year before, so says a recent study. In 2020, the country's richest...

Hopes high about dev as Karnaphuli tunnel’s south tube work ends

Munima Sultana from Karnaphuli Tunnel in Patenga, Chattogram | 2022-11-27 00:00:00

The Karnaphuli tunnel in Chattogram will help drive the local economy through facilitating industrial development and regional connectivity. The tunnel, which is a result of an unconventional diplomacy with China, will be a new addition to the two existing infrastructure...

MNOs get until Jan 15 for filing network tower plans

ISMAIL HOSSAIN | 2022-11-27 00:00:00

The country's mobile network operators (MNOs) have to submit plans for building, leasing and selling of network towers (base transceiver station or BTS) to the regulator by January 15 for period until June 30, 2023. Bangladesh Telecommunication Regulatory Commission (BTRC)...

Foreign funds leave depressed stocks for gains elsewhere

Mohammad Mufazzal | 2022-11-27 00:00:00

Foreign investors' sales volumes have been much higher than buy volumes in the stock market in the six months through September, indicating their intention to pull out of the market. The depreciation of the taka against the dollar portrayed a...

Where is Bangladesh in IP world?

Asjadul Kibria | 2022-11-27 00:00:00

Asia has emerged as the leading region to protect intellectual property (IP) rights in the world, which indicates that Asian countries are advancing fast to develop a knowledge-based and invention-oriented society. Though not all the countries are moving in the...

BBA to celebrate 1st tube civil work completion today

Munima Sultana From Karnaphuli Tunnel site in Patenga, Chattogram | 2022-11-26 00:00:00

The country's first river tunnel under the Karnaphuli is likely to be opened for traffic in a few months, as civil work on the first tube of the 3.2-kilometre-long Bangabandhu Sheikh Mujib Tunnel is completed.The Bangladesh Bridges Authority (BBA) is...

A contraption called school van

Nilratan Halder | 2022-11-26 00:00:00

Of the many indigenously developed contraptions, a school van is only a type. The rickshaw vans have no roof and enclosure but the school vans have both with bench-like seating arrangement on three sides within. While flat-bed tricycles like 'nasimon',...

3rd Ceramic Expo begins in capital

FE ONLINE REPORT | 2022-11-25 00:00:00

Commerce Minister Tipu Munshi on Thursday assured the ceramic industry leaders that the ongoing gas-supply crisis, which affected production in factories, would be solved by January.The minister gave the assurance at the inauguration ceremony of the Third Ceramic Expo Bangladesh...

SME board's investment rules: a conundrum

BABUL BARMAN | 2022-11-25 00:00:00

The Small Capital Platform Index -- DSMEX -- plummeted 40 per cent or 898 points to 1,346 over the three months to November 23 after the securities regulator had revised the minimum investment to Tk 3 million from Tk 2...

Ctg Ring Road opens to traffic fully next month

NAZIMUDDIN SHYAMOL | 2022-11-25 00:00:00

CHATTOGRAM, Nov 24: Construction of the Coastal Road, popularly known as Ring Road, with an updated design is almost complete now. It will fully open to traffic after inauguration of the 'Bangabandhu Sheikh Mujibur Rahman Tunnel' next month. The authority...

Money power behind unifying spirit of football!

Nilratan Halder | 2022-11-25 00:00:00

A sumptuous feast of entertainment, thrill, suspense, excitement, upsets, burst of joy or a frustrating breakdown is what this World Cup Football 22 is proving to be. But can it be a panacea for the woes and sufferings of the...

BD least prepared to benefit from tech transfer

DOULOT AKTER MALA | 2022-11-24 00:00:00

Technology transfer from the developed world in most cases turns unsuccessful in Bangladesh as it is found least prepared yet with sufficient homework on specific needs assessment. Relevant factors have to be considered in identifying areas where the country required...

Science studies are today's imperative

Syed Badrul Ahsan | 2022-11-24 00:00:00

Science matters. With COP-27 drawing to a close in Sharm el-Sheikh, the need to have the planet pulled back from the brink assumes greater importance than ever before. If on the one hand science, in the form of unbridled industrialization...

Unexpected gain at unexpected time: Square Pharma stays ahead of peers

Mohammad Mufazzal | 2022-11-23 00:00:00

Square Pharmaceuticals has yet again proved its dominance in the industry and business acumen. Just like many other pharma and non-pharma companies, it has experienced a significant rise in administrative and operating expenses because of the today's macroeconomic realities -...

Brick field workers -- an abandoned, disposable group!

Hasnat M Alamgir | 2022-11-23 00:00:00

The Bangladesh High Court directive on the government to ban the operation of all illegal brick kilns and the use of fuel woods is a welcome move. The petitioner's lawyer argued that no brick kiln should be operated without obtaining...

From Covid to a looming recession: lessons from vulnerabilities of RMG workers

Lubaba Mahjabin Prima and Omar Raad Chowdhury | 2022-11-23 00:00:00

It is now more or less evident that the world economy is heading for a recession. The promise of the post-COVID economic recovery that marked the beginning of 2022 now lies shattered, thanks to the European military crisis and the...

Towards export-led growth

Md Arifur Rahman, FHM Humayan Kabir, Md Rafiqul Islam and SM Salahuddin | 2022-11-23 00:00:00

Bangladesh is a development surprise to many global economic researchers and policy makers. In the last 50 years after the independence from Pakistan in 1971, Bangladesh has steadily accelerated its economic growth which helps achieve its human development and reduce...

The triangular epitome of employment challenges in Bangladesh's labour market

Mohammad Nazmul Avi Hossain | 2022-11-23 00:00:00

Bangladesh progressed impressively during its 50 years' journey after independence in terms of social and economic development. Bangladesh's average per capita GDP growth rate has been over 5 per cent for the last four decades, which is impressive compared to...

Bangladesh's current economic crisis and tax policy

Shafiun N Shimul | 2022-11-23 00:00:00

Recently, the possibility of a financial crisis in Bangladesh has been looming. Even though Bangladesh has achieved sustained growth in recent years, this pace of consistent growth appears to come to be coming to a standstill. The Covid-19-induced economic downturn;...

Where is Bangladesh in Gender lens?

Doulot Akter Mala | 2022-11-23 00:00:00

Global Gender Gap report of the World Economic Forum (WEF) said talent of women in finance is one of the most untapped business resources.Bangladesh has made considerable development to ensuring participation of women in the key positions in finance. It...

Newspapers are manuscripts of history

Syed Badrul Ahsan | 2022-11-23 00:00:00

As has been said so often, journalism is the first draft of history. That being so, newspapers are the manuscripts that go into print, to re-emerge as full-fledged accounts of history.It is a truth I have increasingly encountered, and embraced,...

Tailbacks on entry points of bridges on rise

MUNIMA SULTANA | 2022-11-22 00:00:00

Tailbacks of vehicles on the toll bridges at the city's entry points continue to increase in absence of efforts to introduce an electronic system for speeding up the process of automatic toll collection.The Road Transport and Highways Division (RTHD) introduced...

Downsize corporate taxpayers' return document load

DOULOT AKTER MALA | 2022-11-22 00:00:00

Compliance requirements in submission of documents by corporate taxpayers should be reduced in the new income-tax law to make it business-friendly, says a report on overhaul of Bangladesh's 'outmoded' taxation system.Currently, corporates have to submit 29 returns for 'at-source tax'...

The exploitative marketing regime

Syed Fattahul Alim | 2022-11-22 00:00:00

Rice being the staple food in Bangladesh, its price matters. And when the price is forever going up and never down, rain or shine, it is intriguing. In fact, there is no justifiable reason why rice price should go up...

A deal is reached at COP27 but with what prospect?

Hasnat Abdul Hye | 2022-11-22 00:00:00

As is customary, almost de rigueur, the conference of parties (COP) on climate change held in Sherm el Sheik, Egypt, went into overtime and reached a deal late into the Sunday (November 20) night. Another milestone was passed under the...

BTRC to run audits on GP, Robi, Banglalink

ISMAIL HOSSAIN | 2022-11-21 00:00:00

The country's telecom regulator has decided to conduct financial audits on three leading mobile network operators (MNOs) - Grameenphone (GP), Robi Axiata and Banglalink - although settlement of the previous audits on GP and Robi is yet to reach an...

Energy sector faces bleak prospect of escaping spell of declines

BABUL BARMAN | 2022-11-21 00:00:00

The operations of fuel and power companies depend entirely on imports, and so when taka loses its value against dollar, pricier fuel in the global market gets even pricier, pushing several listed companies into the red. A majority of those...