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God's grandeur . . . and the promise of science

Syed Badrul Ahsan | 2021-02-23 00:00:00

The wonders of science do not cease. Nasa has just had its Perseverance rover land on Mars. When you sit back and reflect on it, you cannot but think back on all the positive changes that have been made possible...

Spirit of Language Movement on the wane

Asjadul Kibria | 2021-02-21 12:00:00

Financial Express: What are the long-term impacts of the language movement?Ahmad Rafique: There were two phases of the language movement. The first phase was in 1948, and the second and final phase was in 1952. There was only one demand...

The need for a language policy

Helal Uddin Ahmed | 2021-02-21 12:00:00

Language plays a crucial role in society, as it is not only a mode of communication but also a way of life. It also bears historical, cultural, religious as well as ethnic marks. For this reason, the UNESCO has declared...

IOCs, local gas cos in trouble

DOULOT AKTER MALA | 2021-02-21 00:00:00

The International Oil Companies (IOCs) as well as local ones are facing complexities in releasing imported supplies and equipment for gas plants from the ports due to imposition of taxes.The IOCs has been enjoying a VAT rebate on some items...

No need of new provision in Companies Act: BSEC

Mohammad Mufazzal | 2021-02-21 00:00:00

The securities regulator sees no bar in implementing its directive recently issued to settle investors' claims for unclaimed or unpaid or unsettled dividends.It also finds no need of introducing any new provision in Companies Act to pull the accumulated dividends,...

Why climate change vulnerability is bad for sovereign credit ratings?

Serhan Cevik and João Tovar Jalles | 2021-02-20 12:00:00

Climate change has made the world a riskier place. The destruction wrought by heatwaves, droughts, hurricanes, and coastal flooding doesn't stop with the toll on human lives and livelihoods-it can also have deep consequences for a country's finances.Recent International Monetary...

BTRC to hold spectrum auction on March 8

ISMAIL HOSSAIN | 2021-02-20 00:00:00

Bangladesh Telecommu-nication Regulatory Com-mission (BTRC) is set to award spectrum or radio frequency between 1800 MHz and 2100 MHz bands to mobile phone operators through auction.The auction will be held on March 08 but operators shall make queries within February...

Dhaka objects to fresh Delhi NTBs

SYFUL ISLAM | 2021-02-20 00:00:00

Bangladesh has raised an objection to India's request for increased verification of country-of-origin (CoO) certificates and attachment of a questionnaire to those since those will be in violation of the SAFTA rules.Dhaka termed the Delhi's measures a new type of...

Lackluster trade hits stocks

BABUL BARMAN | 2021-02-20 00:00:00

Stocks posted a marginal fall in the outgoing week, extending the losing streak for the fifth straight week, amid persistently lackluster trade.Week-on-week, the DSEX, the core index of the Dhaka Stock Exchange (DSE), went down slightly by 9.03 points or...

Padma Bridge: Its huge impact on economy

Abul Quasem Haider | 2021-02-20 00:00:00

Towards the end of 2020, the full length of Padma Bridge of our dream became visible. After installation of the 41st span of the Padma Bridge on December 10, the real specimen of the bridge now can be seen in...

Pitch made especially to suit hosts may backfire

Nilratan Halder | 2021-02-20 00:00:00

Cricket is no longer what it was before the introduction of the shorter versions. Many believe Test cricket played over five days has no future at a time when mad rush governs people's life. They ought to have watched the...

Linking sovereign debt with national sustainability commitments

Anderson Caputo Silva and Fiona Stewart | 2021-02-20 00:00:00

The global Covid-19 pandemic has caused millions of deaths and the greatest global economic downturn in nearly a century. Public debt increased by $8.5 trillion in 2020, up to September, including by $1.4 trillion in emerging markets. At the same...

Safe investment in time of Covid and GFC

Harald Kinateder and Tonmoy Choudhury | 2021-02-20 00:00:00

Financial markets all over the world have taken a tremendous hit from Covid. At the beginning of this current crisis, the extreme market scenarios imagined by the global regulators all over the world have been thrown to the sidelines most...

How agro-based industries fare against the pre-pandemic level

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-02-20 00:00:00

Despite its healthy state in the early phase of the Covid-pandemic, the agriculture sector of Bangladesh was confronted with multiple challenges as the pandemic started to tighten its grip on the economy over the subsequent period. This had adverse implications...

Gazipur, N'ganj transport plans on the anvil

MUNIMA SULTANA | 2021-02-19 00:00:00

A move has been made to frame transport plans for Narayanganj and Gazipur cities too to cope with traffic growth, coupled with increased economic activity.Earlier, similar strategies were taken in a 20-year transport plan for Dhaka metropolitan city.Sources said the...

25 banks invest Tk 10.33b

MOHAMMAD MUFAZZAL | 2021-02-19 00:00:00

As many as 25 banks have so far invested Tk 10.33 billion in the capital market in a bid to prop it up in response to the Bangladesh Bank's circular issued last year when the market remained volatile.The BB issued...

Three persons, one institution to receive IMLI accolades

TALHA BIN HABIB | 2021-02-19 00:00:00

International Mother Language Institute (IMLI) authorities will give awards to three persons (two local and one foreign) and one overseas institution for their outstanding role in protection, promotion and revitalisation of mother languages throughout the world.Those who have been nominated...

When actions fail to support intent

Shamsul Huq Zahid | 2021-02-19 00:00:00

Policymakers as well as experts hardly miss any opportunity to point out the country's lack of ability to generate enough resources domestically to finance its budget. They do also often mention the fact that the tax-GDP ratio is one of...

NBR, DSML at odds over payment of import taxes

DOULOT AKTER MALA | 2021-02-18 00:00:00

The customs authority and Deshbandhu Sugar Mills Limited (DSML) are at loggerheads over payment of import taxes on the essential commodity.DSML has alleged that the fiscal measure on import of raw sugar is discriminatory and sought a tax refund of...

BB asks NBFIs' top brasses to go tough on irregularities

Siddique Islam | 2021-02-18 00:00:00

The central bank has asked the top executives of the non-bank financial institutions (NBFIs) to play a strong role for averting irregularities in the sector, officials said on Wednesday.The instruction was given at a quarterly review meeting with the managing...

Managing the macroeconomic challenges in Covid-induced situation

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-02-18 00:00:00

Economic performance of Bangladesh in FY20 ought to be assessed from the vantage point of an extraordinary year when an once in a lifetime global crisis of our time had unfolded in the form of the Covid-19 pandemic. To note,...

Streamlining social security

Helal Uddin Ahmed | 2021-02-18 00:00:00

The social security schemes introduced by Bangladesh government at different times for aiding the marginalised segments of the population including the aged, the destitute and the disabled have earned the praise of many quarters. But as in other programmes of...

Nat'l body on essentials holds maiden meet today

SYFUL ISLAM and REZAUL KARIM | 2021-02-17 00:00:00

It takes 10 years for the National Committee on Essential Commodities to sit for its first meeting, although skyrocketing prices of various kitchen items have long been deepening common consumers' misery.The committee, headed by the Ministry of Commerce (MoC) secretary,...

Finger pointed at Ctg factory for polluting environment

NAZIMUDDIN SHYAMOL | 2021-02-17 00:00:00

CHATTOGRAM, Feb 15: There are widespread allegations that a factory in the Sitakunda industrial area of Chattogram is emitting black smoke, thus polluting the environment in the area severely. The emitted black smoke, which contains carbon, is hampering the production...

How e-government services can pay dividends

Ali Al-Sadiq | 2021-02-17 00:00:00

The ability to renew your passport or driver's license, pay a tax bill, or access government data with the click of a button or swipe of a screen, anytime and anywhere, has grown more important during the Covid-19 pandemic to...

How to chart out Bangladesh's economic recovery path?

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-02-17 00:00:00

Halfway through the fiscal year 2020-21 (FY21), the Bangladesh economy is still reeling from the adverse consequences of the ongoing Covid-19 pandemic as manifested by key macroeconomic and sectoral performance indicators. Although, in terms of Gross Domestic Product (GDP), Bangladesh...

BB to launch platform by third week of March

SIDDIQUE ISLAM | 2021-02-16 00:00:00

The central bank is going to introduce an automated trading platform - Electronic Dealing System for lnterbank Money Market (EDSMoney) - within the third week of March to facilitate liquidity movement in the banking sector.The decision was taken in a...

Govt to review labour law to address issues

SYFUL ISLAM AND REZAUL KARIM | 2021-02-16 00:00:00

The country's labour law is set to come under a fresh review for addressing the concerns of different global groups about workers' rights situation here, officials said. The government is expecting to submit a roadmap in this regard before a...

Will the fringe people have a chance?

Syed Fattahul Alim | 2021-02-16 00:00:00

The world's current preoccupation with the pandemic has pushed the other still greater threat not just to human life, but to life in its entirety on the planet Earth into the background. Climate change is the issue in question. Even...

Bangladesh's pharmaceutical export: Time to re-strategise

Hasnat M. Alamgir | 2021-02-16 00:00:00

To develop more effective export strategies that yield better and sustainable results, the Bangladesh pharmaceutical manufacturers need to continually monitor and assess their performance in terms of sales volume, changes in product demand and sales trends for each major destination...