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Green bond policy a timely step

Asjadul Kibria | 2022-10-02 00:00:00

For financing climate-and environment-friendly sustainable-development projects, green bond is a popular tool across the world. Introduced by the European Investment Bank in 2007 and followed by the Word Bank in 2008, the green bond now boasts a market size of...

Upswing in women's repression as cases pile up

Helal Uddin Ahmed | 2022-10-02 00:00:00

According to the NGO 'Ain O Salish Kendra' (ASK), a total of 3,376 women were killed or forced to commit suicide between 2017 and July 2022 across the country due to incidents of repression or torture. The annual figures for...

Only 393 e-commerce cos get DBID in five months

ISMAIL HOSSAIN | 2022-10-01 00:00:00

Only 393 digital commerce entities have obtained the digital business identification (DBID) to date after formal inauguration of the registration process five months back. However, a total of 1,382 digital business firms have been rejected due to lack of proper...

No LCs sans DNC nod, banks alerted

SYFUL ISLAM | 2022-10-01 00:00:00

Drug-import LC is being restricted as inroads of some unauthorised drugs into Bangladesh are ruining the future of hundreds of thousands of youths and teens, officials say. They have said a group of unscrupulous businesspeople are importing those illicit drugs...

Stocks back in red on sell-offs

BABUL BARMAN | 2022-10-01 00:00:00

The stock market returned to the red this week to Thursday amid high volatility, after a single-week break, as wary investors moved to the sidelines after locking in profits from major sector issues.Of the five trading days this week, the...

Autumn offers a perfect setting for Durga Puja

Nilratan Halder | 2022-10-01 00:00:00

Sarat or autumn, the third season on the Bangla calendar, is unlike the fall in the Western hemisphere. They call it fall perhaps because the trees mostly shed their leaves that turn profusely crimson. Before their demise, the leaves exhaust...

Must we die in a hospital ICU bed?

Hasnat M Alamgir | 2022-10-01 00:00:00

The number of older people -- mostly from the middle and upper social class, with difficult, multiple, and long-standing medical conditions -- dying at hospitals has been on the rise over the last few decades in Bangladesh. Instead of staying...

Changed perspectives of human development

Nilratan Halder | 2022-09-30 00:00:00

The latest Human Development Report 2021-22 aptly titled, " Uncertain Times, Unsettled Lives: Shaping Our Future in a Transforming World" launched by the United Nations Development Programme (UNDP) on September 8 last makes a disconcerting read. For the first time...

Let's reinvent our electronic media

Syed Badrul Ahsan | 2022-09-29 12:00:00

Not very long ago, a newscaster on one of our many television channels had the axe fall on her for her wrong pronunciation of the name of the Chinese President. She had thought the XI in Xi Jinping referred to...

Kishwan Group ensures foods of int'l standard

NAZIMUDDIN SHYAMOL | 2022-09-29 00:00:00

The Kishwan Group is manufacturing quality food products in the country. The products are meeting the demands of the consumers. The Kishwan Group is exporting the products to other countries including United States of America (USA) and European Union (EU)....

BTRC to start project to upgrade capacity

ISMAIL HOSSAIN | 2022-09-29 00:00:00

The country's telecom regulator is taking up a project to upgrade and strengthen its spectrum-monitoring capacity - either with own fund or social obligation fund. The BTRC's 165th commission meeting approved initiation of the project. To implement the project, the...

Huge revenues missed for mobilisation incapacity

DOULOT AKTER MALA | 2022-09-29 00:00:00

Bangladesh invests the lowest among South Asian countries in domestic revenue mobilisation and thus misses out on potential multiple returns in public funds, studies related to budget deficits show. A latest report of the Asian Development Bank (ADB) reveals that...

Dhaka invites Delhi to start CEPA talks

SYFUL ISLAM | 2022-09-29 00:00:00

Bangladesh has requested India to start negotiations on materialising the much-talked-about Comprehensive Economic Partnership Agreement (CEPA) soon, as instructed by the premiers of the two neighbouring countries early this month.The ministry of commerce (MoC) of Bangladesh recently wrote to its...

Zatiq: Ambitious step towards a cashless society

Shadique Mahbub Islam | 2022-09-29 00:00:00

Zatiq, an innovative Bangladeshi startup which aims to further Digital Bangladesh's progress by building a truly cashless society, has been working on developing a card delivery service, Zatiq Pocket Pay. This allows customers to pay with their cards upon delivery....

Low-cost deposits a boost for Shahjalal Islami Bank

SIDDIQUE ISLAM | 2022-09-28 00:00:00

Low-cost deposits along with fee-based income have helped Shahjalal Islami Bank Limited (SJIBL) boost its financial health over the couple of years despite various domestic and global odds, the bank's top executive has said.After taking charge as managing director (MD)...

Dhaka seeks revised list of products

REZAUL KARIM | 2022-09-28 00:00:00

Dhaka has sought a revised list of goods on which Jakarta can offer tariff concession for Bangladeshi products before signing the proposed preferential trade agreement (PTA), officials said.To this end, commerce ministry sent a letter to the Indonesian authorities concerned...

Disinformation on social media portals

Syed Fattahul Alim | 2022-09-27 00:00:00

What did happen in Leicester in England between September 17 and 18 that led to arrests of dozens of violence-mongers who allegedly fanned hatred between the Hindu and Muslim communities living so far in peace there? Many point to the...

Keeping dollar at bay: problems and prospects

Hasnat Abdul Hye | 2022-09-27 00:00:00

Almighty dollar is getting stronger by the quarters, judged by the weakening of currencies of almost all countries that conduct trade using the greenback. The euro has dropped 0.4 per cent to United States (US) dollar 0.9932 and pound sterling...

Alarming rise in suicide rates among school goers

DOULOT AKTER MALA | 2022-09-26 00:00:00

Dr Sifat-e-Syed was surprised receiving large numbers of written questions from the eighth and ninth graders of the city's Holy Cross School. She did not expect such a large volume of queries on mental health issues from the children. As...

The threat coastal cities of Asia now face

Neil Ray | 2022-09-26 00:00:00

Sea-level rise has become a headache for most nations, particularly for those with long coastal belts. The rise lately has already been concerning because its rates have been higher than in the past 2,700 years. Even the prediction of 0.2m...

Sixth TICFA meet likely in early December

REZAUL KARIM | 2022-09-25 00:00:00

Bangladesh would request the USA to restore the Generalized System of Preferences (GSP) for widening the market access of its products to the single largest export destination, official sources said.They said the country would call for the trade facilities at...

Environmental compliance certification

ISMAIL HOSSAIN | 2022-09-25 00:00:00

Achievement of LEED Gold Certification by Bengal Plastic, a leading plastic products manufacturer of the country, would encourage other companies in the industry to develop compliant and green production chains, said a director of Bengal Group.He said the compliance is...

Diversifying Bangladesh's Islamic financial services

Asjadul Kibria | 2022-09-25 00:00:00

Islamic-financing industry is bouncing back strongly after a slump mainly due to the Covid-19 pandemic. It is projected to grow to nearly US$5 trillion by 2025 from over $3 trillion as of now. The buoyant projection was made at the...

Govt to give Tk 43.40b to BCIC as subsidy

REZAUL KARIM | 2022-09-24 00:00:00

The government is planning to provide Tk 43.40 billion fund to the BCIC as subsidy - to cut its existing trade gap in importing and selling fertilisers and make payment of LTR (loan against trust receipt), sources said.The Ministry of...

Tk 1.5 billion misspent on automating signaling system

MUNIMA SULTANA | 2022-09-24 00:00:00

Over Tk 1.5 billion has been splurged on projects in 20 years for installing automated traffic-control system in Dhaka, but to no avail as vehicle movement is still controlled by outmoded hand-signals in this megacity. Sources said not a single...

Returnees from reverse migration on repeat exodus

DOULOT AKTER MALA | 2022-09-24 00:00:00

Grueling inflation now forces a section of low-income people either to go back to villages or shift their family members as a coping strategy, in a repeat of the corona-driven reverse migration. Some analysts see signs of recession in the...

ERL unable to refine Russian crude

NAZIMUDDIN SHYAMOL | 2022-09-24 00:00:00

CHATTOGRAM, Sept 23: Possibility of refining imported Russian heavy crude at Eastern Refinery Limited (ERL) waned further as the country's lone refiner has said in a report that it does not have the capacity to refine the lower grade oil....

A final reckoning on trade subsidy outcome

SYFUL ISLAM | 2022-09-24 00:00:00

A final reckoning starts on the outcome of providing trade subsidy to different sectors and how further they need it to become self-reliant as spoon feeding has to stop after Bangladesh's LDC graduation. Finance officials have said in the current...

Stocks back in black after correction

BABUL BARMAN | 2022-09-24 00:00:00

Stocks bounced back in the outgoing week, returning to uptrend after a single-week correction, with investors mostly focused on selective large-cap issues.Of the five trading days this week, three sessions posted gains while two others suffered losses amid high volatility,...

Women's football team's triumph

Nilratan Halder | 2022-09-24 00:00:00

The jubilation over the Bangladesh women's football team's triumph in the South Asian Football Federation (SAFF) Women's Championship 2022 is quite natural. When the men's football team is all frustration even in this regional tournament, the girls against all odds...