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BTRC to disable extra SIMs under one NID by Nov 30

ISMAIL HOSSAIN | 2022-09-17 00:00:00

The Bangladesh Telecommunication Regulatory Commission (BTRC) has taken steps to deactivate more than 15 SIMs registered under one national identity (NID).The telecom regulator has identified a total of such 31,26,577 SIM cards under 7,23,923 NIDs, which will be deactivated by...

DAEE sees another dimension through airport linking

MUNIMA SULTANA | 2022-09-17 00:00:00

A move is underway to integrate the Dhaka-Ashulia Elevated Expressway (DAEE) with the airport's imposing third terminal which now sees significant construction progress with the development of major infrastructures.Sources say Bangladesh Bridge Authority (BBA) and the Civil Aviation Authority, Bangladesh...

Indian trains to carry BD export goods

REZAUL KARIM | 2022-09-17 00:00:00

Bangladeshi products will be transported to India on Indian container trains.After unloading their exportable items here, the trains will carry the Bangladeshi products on the return trip. The goods-carrying trains will be operated on two routes between Bangladesh and India:...

MoF ditches fund requests for raising project costs

SYFUL ISLAM | 2022-09-17 00:00:00

The government is not entertaining any proposal for raising expenditures of ongoing development projects rather asking the implementing agencies to spend from their own funds, if necessary, officials say.Now walking a tightrope to weather financial crunch stemming from a global...

Profit taking halts four-week rally

BABUL BARMAN | 2022-09-17 00:00:00

Stocks slipped into the red in the outgoing week to Thursday, snapping a four-week gaining streak, as jittery investors rushed to lock in profits from large-cap issues that witnessed price surge.Of the five trading days this week, three sessions suffered...

93pc work on Bangabandhu tunnel ends

NAZIMUDDIN SHYAMOL | 2022-09-17 00:00:00

CHATTOGRAM, Sept 16: Almost 93 per cent of the construction work of 'Bangabandhu Sheikh Mujibur Rahman Tunnel' under Karnaphuli river in Chattogram has been completed. Already the government appointed a Chinese company as its operator.The tunnel, built at a cost...

Journey of discovery of a scholar-bureaucrat

Helal Uddin Ahmed | 2022-09-17 00:00:00

Eminent economist cum historian, retired secretary, renowned academic and former adviser to the caretaker government Dr Akbar Ali Khan passed away all of a sudden on September 8, 2022, -- leaving behind a legacy that is bound to last for...

Saying no to wasteful building concept

Syed Fattahul Alim | 2022-09-17 00:00:00

A five-year study done by the Department of Environment (DoE) between 2013 and 2018 found that seven cities of Bangladesh-Narayanganj, Dhaka, Gazipur, Rajshahi, Chattogram, Khulna and Barishal-have the most polluted air. That the study ended four years ago does not...

Forming safety committees in RMG factories

Hasnat M Alamgir | 2022-09-17 00:00:00

Garment workers, the foot soldiers of Bangladesh's economic success, have finally received some attention from the global community over the last few years thanks to their unsafe working conditions, low wages and benefits, and insufficient amenities at their factories. Worker...

Bangladesh opts for overseas payments in Chinese Yuan

SIDDIQUE ISLAM | 2022-09-16 00:00:00

Banks are finally allowed to maintain accounts in Chinese Yuan (CNY) with their correspondents or overseas branches for cross-border transactions executed in Bangladesh, amid dollar crunch.The Bangladesh Bank (BB) issued Thursday a notification to this effect, asking all the authorised...

Planet Earth in turmoil or death throes!

Nilratan Halder | 2022-09-16 00:00:00

The past week's rainfalls had all the making of a monsoon although this year's monsoon proper was, reportedly, the driest ever. In fact, for the past seven years now the rainy season has remained drier than before. Intriguingly, the autumn...

People asked to disclose money to banks

DOULOT AKTER MALA | 2022-09-15 00:00:00

People willing to bring back money home through availing the offshore tax amnesty will have to voluntarily declare the amount to the commercial banks concerned.They will also have to request the banks to consider the repatriated money under the amnesty...

Maiden merchanting trade policy targets forex boost

SIDDIQUE ISLAM | 2022-09-15 00:00:00

The central bank issued a policy on merchanting trade for the first time in Bangladesh to boost inflow of foreign exchange through expediting services incomes, officials said Wednesday.Under the maiden policy, traders are now free to purchase goods or services...

UGC, absentee academics and our universities

Syed Badrul Ahsan | 2022-09-15 00:00:00

The move by the University Grants Commission on ensuring that teachers of public universities, once they have completed their higher studies abroad, return to their institutions is welcome. The expectation is that the UGC and through it the public universities...

PM Sheikh Hasina's visit to India: a brief overview

Kamal Uddin Ahmed | 2022-09-15 00:00:00

Prior to Prime Minister Sheikh Hasina's recent four-day visit to India, one of India's leading daily the Indian Express published an editorial (September 5) with the heading "PM Sheikh Hasina in India, India must be a friend in deed". Regrettably,...

Business process reengineering broached to cut knots

DOULOT AKTER MALA | 2022-09-14 00:00:00

A foreign-aided model is undertaken to cut knotty steps in import-export process, dropping less-important ones, for expediting delivery of goods out of Bangladesh's major customs ports.Sources say customs authority under the National Board of Revenue (NBR) is going to introduce...

Dollar little cheaper for importers

SIDDIQUE ISLAM | 2022-09-14 00:00:00

A relative calm appears after the storm on Bangladesh's forex market as exchange rate for importers fell slightly Tuesday while interbank transactions also saw a revamp, bankers said. The central bank has already intensified monitoring on the foreign-exchange (forex) market...

Ctg businesses take hard line

NAZIMUDDIN SHYAMOL | 2022-09-14 00:00:00

CHATTOGRAM, Sept 13: The businessmen of Chattogram have declared that if the government does not withdraw the load control stations (LCS), set up on Dhaka-Chattogram Highway in June 2018, within next one month, they would take a tough stance. As...

Best places to learn swimming in Dhaka

Morium Kulsum | 2022-09-14 00:00:00

Swimming is an excellent full-body exercise that has many physical and mental health benefits. Doctors recommend this exercise because it works your entire body and builds muscle strength and cardiovascular fitness. Besides burning calories, swimming is also becoming popular among...

BRT project work may resume after one more week

MUNIMA SULTANA | 2022-09-13 00:00:00

The troubled BRT project may take one more week to resume its field work that remained suspended since the tragic accident at Uttara site on August 15, leaving five members of a family dead.Restarting the field works will be delayed...

Taka dips further

SIDDIQUE ISLAM | 2022-09-13 00:00:00

Volatility on the foreign-exchange market rather exacerbated after banks introduced uniform exchange rates as the Bangladesh taka depreciated further against the US dollar Monday under the latest experiment. The local currency lost its value by Tk 1.0 on the interbank...

A monarchy on the wane

Syed Fattahul Alim | 2022-09-13 00:00:00

Modern monarchy is a contradiction in terms. British monarchy in that sense should be an oxymoron. But the outpouring of love and respect that the people of Britain have shown at the death of Queen Elizabeth II is remarkable. What...

No bar for an MFI to lend to or borrow from another MFI

ISMAIL HOSSAIN | 2022-09-12 00:00:00

The country's micro-finance institutions (MFIs) can lend to or borrow from other MFIs. In this regard, the Microcredit Regulatory Authority (MRA) has recently issued guidelines, titled 'Policy on Financing of Microcredit Institutions by Microcredit Institutions, 2022', in a bid to...

Banks pegged down to uniform dollar exchange rates

SIDDIQUE ISLAM | 2022-09-12 00:00:00

Bangladesh's top bankers agree to set uniform rates in foreign-exchange dealings to help restore stability on the country's forex market, with Tk 108 cap per dollar for remittance netting.Under the decisions reached with the regulator, all the authorized dealer (AD)...

Padma Bridge's faults being traced, fixed

MUNIMA SULTANA | 2022-09-12 00:00:00

The 6.15-km-long Padma Bridge, opened two and a half months back, still has over 500 major and minor faults, which have to be addressed and repaired to make it an international-standard one in 'true sense'.Sources close to the construction supervision...

Addressing mental crisis

Nilratan Halder | 2022-09-12 00:00:00

When 364 students commit suicide in just eight months, it unfolds a nightmarish spectre before the country ---one that is on way to graduating for a developing nation. Is not it a mind-boggling reality that apart from 45 students committing...

Summit Communications plans to invest in network expansion

ISMAIL HOSSAIN | 2022-09-11 00:00:00

Summit Communications Ltd. is set to mobilise a loan of Tk 7.0 billion to implement its investment plan on expanding network capacities, improving existing facilities, and building submarine cable networks. The country's leading telecommunication infrastructure company will arrange the loan...

Padma Bridge O&M company in the offing

MUNIMA SULTANA | 2022-09-11 00:00:00

The government is forming a separate company to be dedicated exclusively for looking after the operation and maintenance (O&M) work of the Padma Bridge.The Bangladesh Bridge Authority (BBA) has already registered the name, Padma Bridge Operation and Maintenance Company, with...

Benefits of joining global IP network

Asjadul Kibria | 2022-09-11 00:00:00

More than three years have elapsed since Bangladesh's trade policy came under a global scrutiny under the umbrella of the World Trade Organisation (WTO). It was the fifth trade- policy review of the country where various issues relating to trade...

Dhaka cautiously weighs export, revenue losses

REZAUL KARIM | 2022-09-10 00:00:00

Experts have cautioned that Bangladesh's exports might shrink and industries suffer setbacks if the country joins a new free-trading bloc called RCEP, unless its privileged market access is secured.A recent high-profile meeting was told that the exports to many of...