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Move to speed up process to list small-cap cos

MOHAMMAD MUFAZZAL | 2021-02-28 00:00:00

The securities regulator will sit with some small-cap companies this week to discuss their listing with the bourses under the SME board introduced earlier to facilitate the raising of capital by such companies.The Bangladesh Securities and Exchange Commission (BSEC) has...

The poorest countries and debt vulnerabilities

Punam Chuhan-Pole | 2021-02-28 00:00:00

Countries eligible to borrow from the International Development Association (IDA)-the World Bank's fund for the poorest countries-entered the Covid-19 crisis already facing elevated debt levels and weak fiscal positions. The pandemic is now placing enormous pressure on these countries to...

MRA forms body to cut microloan interest rates

ISMAIL HOSSAIN | 2021-02-27 00:00:00

A move is underway to slash the existing 24 per cent interest rate or service charge, as imposed by the micro-finance institutions (MFIs), to give poor borrowers some relief.The Microcredit Regulatory Authority (MRA) formed a 10-member committee to revise the...

Frame tariff policy to meet challenges, says IFC

REZAUL KARIM | 2021-02-27 00:00:00

The International Finance Corporation (IFC) has prescribed for formulation of a national tariff policy (NTP) to help Bangladesh overcome its upcoming challenges both in the internal and external fronts.The aim of the proposed policy is to make Bangladesh's tariff regime...

Fresh push to allay FTA fear

SYFUL ISLAM | 2021-02-27 00:00:00

The Ministry of Commerce (MoC) has decided to make a fresh move to convince the relevant government agencies, businesses and experts about the benefits of signing free trade area (FTA) deals. The MoC has decided to hold further consultations to...

Stocks keep losing amid sluggish turnover

BABUL BARMAN | 2021-02-27 00:00:00

Stocks extended the losing streak for the sixth straight week as the ongoing bearish trend made investors worry amid lack of positive triggers.The week featured four trading days as the market remained closed Sunday due to International Mother Language Day....

Aiding economy with digital health services

Shafaat Ali Choyon | 2021-02-27 00:00:00

The emergence of digital health services can significantly impact the country's growing economy with the adoption of proper planning and strategy.Our economy is affected due to the pandemic, but the pandemic has opened a new avenue by creating a state-of-the-art...

A 999 call and payment of hospital bill

Nilratan Halder | 2021-02-27 00:00:00

The law enforcement agencies in the country may not have a clean image yet but the 999 emergency call has been going from strength to strength so far as its acceptability among the people is concerned. Prompt responses to such...

Rohingya: The Sufis of Arakan

John Clamp | 2021-02-27 00:00:00

'It was absolutely shocking, how children aged five or six were hunted down and had their throats slit. I was thinking 'this is ISIS-type stuff'. I told Aung San Suu Kyi 'you have moral standing in this country. You have...

The great divergence: A fork in the road for the global economy

Kristalina Georgieva | 2021-02-27 00:00:00

As G20 finance ministers and central bank governors meet virtually this week, the world continues to climb back from the worst recession in peacetime since the Great Depression.The International Monetary Fund (IMF) recently projected global Gross Domestic Product (GDP) growth...

July-Jan revenue misses target by Tk 368b

DOULOT AKTER MALA | 2021-02-26 00:00:00

The revenue collection fell by Tk 368.41 billion short of the target in the first seven months of the current fiscal year (FY) as businesses are yet to overcome the Covid-19 fallout. However, the National Board of revenue (NBR) achieved...

Jakarta slaps duty on BD RMG

SYFUL ISLAM | 2021-02-26 00:00:00

Indonesia has slapped a safeguard duty, ranging between US$0.44 and $11.29 per piece, on export of a number of apparel items to the country from Bangladesh, officials said.The products include top garments (casual), top garments (formal), bottom garments, suits, ensembles...

The return of old weakness

Shamsul Huq Zahid | 2021-02-26 00:00:00

In the face of agitation by students for the last few days, the government has decided in favour of opening universities on May 24 next. The students' dormitories would be opened on May 17. The closure of educational institutions for...

Commission for agricultural produces

Nilratan Halder | 2021-02-26 00:00:00

Market volatility remains endemically an irritant and at times causes economic haemorrhage not only to consumers and producers but also to this country. Some like to call it a sellers' market. If this is true and tolerable to an extent,...

President Biden's thirty days in office

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-02-26 00:00:00

February 20, marks the first thirty days of the Biden Administration. It has inherited a caustic situation orchestrated by the previous administration which not only refused to accept the electoral outcome but resorted to violence to stall the peaceful transfer...

BD, Japan agree to set new schedules

MUNIMA SULTANA | 2021-02-25 00:00:00

Bangladesh and Japan have agreed to set new schedules for implementation of five big infrastructure projects here as the authorities concerned failed to meet the previous deadlines amid Covid-19 pandemic.The two countries reached the consensus at a virtual meeting on...

Vitol Asia the indispensable!

M AZIZUR RAHMAN and SYFUL ISLAM | 2021-02-25 00:00:00

The globally 'controversial' Vitol Asia Pte Ltd is all set to expand its energy business in Bangladesh by bagging yet another lucrative deal. It is now in the process of securing an LPG terminal-building job under an unsolicited deal, market...

Memoirs of higher study in Soviet Russia

Syed Anwarul Haque | 2021-02-25 00:00:00

My first visit outside Bangladesh was Moscow, the capital of the then USSR in the late 1960s. I enrolled at the Moscow State University-- considered the best university in Russia and one of the top ones in the world-- for...

Photography to reveal inner creativity

Manjurul Hassan Bandhan | 2021-02-25 00:00:00

Break The Circle is the annual flagship international photography exhibition being hosted by the Islamic University of Technology Photography Society (IUTPS) every year. This signature event promotes photography as a unique platform to express the inner creativity of the youth...

Accelerating trade digitalisation in the time of pandemic

Armida Salsiah Alisjahbana | 2021-02-25 00:00:00

February 20 marks the entry into force of a new international agreement promoting paperless trade, a timely reminder of how the Covid-19 pandemic has brought digital solutions to regional development challenges into the limelight.Paperless trade across borders has proven an...

In harmony with nature -

Helal Uddin Ahmed | 2021-02-25 00:00:00

People's health and wellbeing are critically and intricately dependent on the earth's natural systems. But advances in recent decades in the areas of socio-economic growth and technological transformation have materialised at the cost of the earth's capacity to sustain current...

Covid-19 stimulus packages and performance of the country's banking sector

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-02-25 00:00:00

Banks have a crucial role to play in implementing Covid-19 related stimulus packages announced by the government since the major portion of these packages is in the form of liquidity support through the commercial banks. This is indeed a huge...

Glitch causing investors' woes

Doulot Akter Mala | 2021-02-24 00:00:00

Aspirant investors are facing difficulties to buy the government's savings tools due to technical glitch in the system concerned.A number of investors have complained that they could not buy the tools despite several attempts in different scheduled banks.Officials of different...

BB relaxes credit rating rules amid pandemic

Siddique Islam | 2021-02-24 00:00:00

The central bank has relaxed the requirements of Internal Credit Risk Rating System (ICRRS) to help businesses avail credit facilities from the banks amid the Covid-19 pandemic, officials said.The ceiling of marginal internal credit risk rating score has been brought...

India won’t discuss AD issue

SYFUL ISLAM | 2021-02-24 00:00:00

India has again opposed inclusion of the issue of anti-dumping (AD) in a bilateral trade agreement that it has proposed to strike with Bangladesh, officials have said.The neighbouring country, they added, did not also agree to an alternative proposal by...

CPA makes decisions on construction issues

NAZIMUDDIN SHYAMOL | 2021-02-24 00:00:00

CHATTOGRAM, Feb 23: The Chittagong Port Authority (CPA) held an urgent meeting at its hall room on Monday afternoon to discuss the issues of the elevated expressway being constructed from Lalkhan Bazar to Shah Amanat International Airport in the port...

Valerie Taylor and her CRP

Hasnat M Alamgir | 2021-02-24 00:00:00

Valerie Taylor's 77th birthday was on February 08. She was born in 1944 in a far away land, but she has lived in Bangladesh for half a century with a mission- a mission that has touched the lives of millions...

World Trade Organisation at a cross-roads

Hasnat Abdul Hye | 2021-02-24 00:00:00

International trade among nations, based on comparative advantage, has been as old as civilisation. And yet, it has not been free and fair in terms of the conditions to be made for access to each others markets. The desire to...

ED, ex-DG of BB come under NBR scrutiny

DOULOT AKTER MALA | 2021-02-23 00:00:00

The Central Intelligence Cell (CIC) has asked all banks and financial institutions to furnish information about the accounts of former Bangladesh Bank (BB) deputy governor SK Sur Chowdhury, incumbent executive director Shah Alam and their spouses.The CIC under the National...

Recovery of manufacturing and services industries during pandemic period

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2021-02-23 00:00:00

The state of recovery of the manufacturing and services sectors in view of the Covid-19 pandemic may be judged by assessing the nature of changes in business activities against pre-pandemic level. During recovery from a recession, manufacturing and service sectors...