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Big Pharma should not control Covid-19 vaccines

Sonali Kolhatkar | 2021-03-11 00:00:00

At a recent virtual gathering of parents and faculty at my children's school, one parent who is a teacher and therefore eligible to receive a Covid-19 vaccine mentioned that she got her first Pfizer shot at a local pharmacy, and...

Mending the Digital Security Act

Helal Uddin Ahmed | 2021-03-11 00:00:00

The recent custodial death of the writer Mushtaq Ahmed after being arrested under the Digital Security Act (DSA) and then held in jail for 10 months has generated indignations, uproars and protests both inside and outside Bangladesh. Many people blame...

Decoupling in the digital era

Daniel Garcia-Macia and Rishi Goyal | 2021-03-11 00:00:00

Technology wars are becoming the new trade wars. In the race to dominate the technologies of the future, the competition between the United States (US) and China has led to import and export bans of 5G network technologies, semiconductors, social...

Impact of subsidies and informal insurance on migration

Costas Meghir, Ahmed Mushfiq Mobarak, Corina Mommaerts, Melanie Morten | 2021-03-11 00:00:00

In Asia, poverty is highly concentrated in rural areas. Four out of every five poor households are rural, and many of these households rely on risky, weather-dependent agricultural activities. To address the uncertainty of agriculture, agrarian households manage risk using...

28 teams formed to monitor prices

REZAUL KARIM | 2021-03-10 00:00:00

The government has assigned 28 teams to monitor and oversee the price trends of key essential items in the city markets, officials said.However, experts have expressed doubts about the desired outcome of such a move as the formation of previous...

Bengal Commercial Bank begins journey today

Siddique Islam | 2021-03-10 00:00:00

Bengal Commercial Bank (BGCB) Limited is set to start its journey today (Wednesday) with a vision 'Inspiring Growth' to help fulfill the economic needs of the nation, the bank's top executive has said. "Our mission is to build a digital...

Exploring the scope of SME bond

Asjadul Kibria | 2021-03-10 00:00:00

The country's Small and Medium Enterprise (SME) sector is frequently termed as one of the backbones of the economy. The underlying importance of the sector is also reflected in the development policy, although not very explicitly. For instance, the Eight...

BD-India trade talks turn barren

SYFUL ISLAM | 2021-03-09 12:00:00

Bangladesh's proposals have received a lukewarm response from the Indian side at the bilateral meeting on trade issues held in Dhaka on Monday.Dhaka could not derive any concrete result from the meeting on its two main concerns--- anti-dumping duty and...

NBR cautions field-level VAT officials

DOULOT AKTER MALA | 2021-03-09 00:00:00

The National Board of Revenue (NBR) has now decided to initiate legal proceedings against field-level VAT officials if they are found involved in tampering with the data of Electronic Fiscal Device (EFD) or Sales Data Controller (SDC).The action will be...

Construction industry needs increased participation of women workforce

Rupali Chowdhury | 2021-03-09 00:00:00

Currently, there is a workforce of over 3.5 million people in the construction industry consisting of cement, steel, paint, ceramic, and wooden materials. Women are less involved in such industries. There is a dearth of women entrepreneurs working in this...

Let's build a better data economy

Yan Carrière-Swallow and Vikram Haksar | 2021-03-09 00:00:00

Humanity has never been so comprehensively recorded. Smartwatches capture our pulse in real time for a distant artificial intelligence (AI) to ponder the risks of heart disease. Bluetooth and Global Positioning System (GPS) keep track of whether some of us...

Ushering in a new era for jute

Syed Fattahul Alim | 2021-03-09 00:00:00

March 6 marks the National Jute Day. But does this day have any real significance now? All the 25 loss-making state-run jute mills under the Bangladesh Jute Mills Corporation (BJ MC) have been shut down and their workers retrenched under...

Rethinking economics during the pandemic

Samuel Bowles and Wendy Carlin | 2021-03-09 00:00:00

Many workers deemed essential during the pandemic-such as those in eldercare, supermarkets, and distribution warehouses-are unable to make ends meet even in good times. And during the Covid-19 crisis the threat of serious illness has been added to low pay....

Defining the term 'wilful', legally

Shamsul Huq Zahid | 2021-03-08 12:00:00

The government, reportedly, has prepared the draft of yet another bill to amend the Bank Company Act. This, if adopted by Parliament, will be the eighth amendment to the law that was enacted in 1991. Some new provisions will be...

In search of a 50:50 world

Maria Howlader FCA | 2021-03-08 00:00:00

Maria Howlader FCA, is the chairperson of Women Leadership Committee of South Asian Federation of Accountants (SAFA) - a forum of accounting professionals in the South Asia region. She is the first Bangladeshi to be nominated to the position, appeared...

Gender diversity in workplace for equality and prosperity

Luthmela | 2021-03-08 00:00:00

A broader spectrum of research available investigating the co-relations between gender diversity in an organisation and it's impact on the long-term growth or performance of the organisation is available. Against the backdrop of those research findings, it has been repeatedly...

'Women in greater number now in challenging jobs'

Doulot Akter Mala | 2021-03-08 00:00:00

The women are doing better as leaders in many challenging professions these days because of the change of attitude in bureaucracy and society as well, said Shaheen Akhter, income tax member of the National Board of Revenue (NBR).As professional world...

MRA invites bids to give licence to MFIs

ISMAIL HOSSAIN | 2021-03-08 00:00:00

The government has decided to provide licence to new Micro Finance Institutions (MFIs) after eight years to expand small loan operation in new areas across the country.The Microcredit Regulatory Authority (MRA) recently invited applications following rising interest among new NGOs,...

Women entrepreneurs get more than target

Munima Sultana | 2021-03-08 00:00:00

The women entrepreneurs received 5.7 per cent of the Tk 200 billion stimulus package for CSMEs until February 25 last, according to Bangladesh Bank (BB) data.The banks and financial institutions disbursed higher than the target set for the women entrepreneurs,...

Dhaka to take tough stance on trade issues with Delhi

SYFUL ISLAM and REZAUL KARIM | 2021-03-08 00:00:00

Bangladesh is set to take an aggressive stance while discussing two major trade-related pending issues at the commerce secretary-level meeting with India, scheduled for today (Monday) in Dhaka, officials said.The issues are India's newly introduced customs rules and anti-dumping duty...

America fails to deal with 'Trump factor'

Neil Ray | 2021-03-08 00:00:00

To think that the world has seen an end to the Trump legacy of democratic aberration with his departure from the White House would have been very comforting but for the cancellation of the March 4 session of the Congress...

Engendering the Recovery: Budgeting with women in mind

Antoinette Sayeh, Jiro Honda, Carolina Renteria, and Vincent Tang | 2021-03-08 00:00:00

International Women's Day, March 8, marks a year from the start of widespread lockdowns in response to Covid-19. As a blog of the International Monetary Fund (IMF) warned back in July, women have borne the economic and social brunt of...

BSEC unlikely to stop issuing IPOs despite sluggish market

MOHAMMAD MUFAZZAL | 2021-03-07 12:00:00

The securities regulator is unlikely to put off the process of bringing new IPOs (initial public offerings) in the capital market amid the recent trend of poor transactions. One of the commissioners at the Bangladesh Securities and Exchange Commission (BSEC)...

One-person co reg from mid-Mar

ISMAIL HOSSAIN | 2021-03-07 00:00:00

The process of registering one-person company (OPC) is finally starting this month amid disappointment over a minimum paid-up capital requirement of Tk 2.5 million.The Registrar of Joint Stock Companies and Firms (RJSC) has developed software for its website to begin...

NBR to cross-check tax, VAT info

DOULOT AKTER MALA | 2021-03-07 00:00:00

Wealth statements, furnished by taxpayers in their income tax and VAT returns, will be cross-checked from now on to detect possible tax evasion, according to a recent decision of the National Board of Revenue (NBR). The NBR's Income Tax and...

Action plan underway to boost exports of farm produce

REZAUL KARIM | 2021-03-07 00:00:00

The government has decided to prepare an action plan with a view to boosting outbound shipments of the country's agricultural products, officials said.It had already initiated a move to form national committee, steering committee and subcommittee to make ready the...

Ctg WASA per day water supply to reach 500m ltrs

Nazimuddin Shyamol | 2021-03-06 00:00:00

CHATTOGRAM, March 05: Chattogram WASA is going to supply a total of 500 million liters of water per day from the current month as the second project of Sheikh Hasina Water Treatment Plant is likely to be inaugurated by the...

Push for making first-party insurance mandatory

ISMAIL HOSSAIN | 2021-03-06 00:00:00

The country's insurers requested a move from the regulator to make the first-party motor vehicle comprehensive insurance mandatory.They sought efforts by insurance regulator, insurers' association, road transport agency and the police to fix complexities that arose from the recent abolishment...

Stocks snap six-week losing streak

BABUL BARMAN | 2021-03-06 00:00:00

Stocks rebounded strongly in the outgoing week, snapping a six-week losing streak, as optimistic investors showed their buying interest on lucrative issues.Week-on-week, the DSEX, the core index of the Dhaka Stock Exchange (DSE), went up by 99.39 points or 1.84...

The plight of ragpickers and social indifference

Nilratan Halder | 2021-03-06 00:00:00

The city's ragpickers are both a miserable and queer lot. Miserable, because the trash they collect are not only worthless in terms of economic value but also carry in most cases the risk of infecting them with diseases. The least...