FE Today Logo

Search results for: l


Scrambling to save the planet

Syed Badrul Ahsan | 2022-08-18 00:00:00

Human ingenuity has caused wonders throughout the long --- and lengthening --- course of civilization. An instance of it is the incredible journey of the James Webb Space Telescope into a discovery of the beginnings of time and space. And...

Consumption tax from large banks shows paltry growth

DOULOT AKTER MALA | 2022-08-17 00:00:00

Collection of consumption tax from 17 large commercial banks registered a paltry growth in the past fiscal year for no significant changes in taxation measures and their client base, officials say.In the FY2021-22, the aggregate value-added tax (VAT) collection remained...

India wants to start CEPA talks in Sept

SYFUL ISLAM | 2022-08-17 00:00:00

India wants to start negotiations with Bangladesh for signing a Comprehensive Economic Partnership Agreement (CEPA) soon, preferably next month, as a joint study on the proposed pact was accepted by both the sides, officials said.Indian Commerce Secretary B V R...

The ultimate 'Petuk Couple'

Nowshaba Achal | 2022-08-17 00:00:00

'Petuk Couple' is the first renowned couple food vlogging YouTube channel in Bangladesh. Rasif Shafique and Ridima Khan Ipsha created this channel back in 2018 out of their love for food. Food vlogging and couple vlogging are two different things....

City bus services in a mess

MUNIMA SULTANA | 2022-08-16 00:00:00

Transport workers have taken control over the city bus services, allegedly creating an unpleasant situation for all the stakeholders, including passengers and owners.They are allegedly charging fares on their whims, often violating the BRTA-fixed rates published on August 6 last...

VAT wing seeks big cos’ IDs, passwords

DOULOT AKTER MALA | 2022-08-16 00:00:00

The VAT authority has asked large companies to furnish the user identification numbers (ID) and passwords of their respective accounting software so that it can scrutinise the financial details to stop VAT evasion.The large taxpayers unit (LTU) under the value-added...

Japan for equality between local, foreign cos

REZAUL KARIM | 2022-08-16 00:00:00

Japan has raised voice over providing incentive packages only to domestic apparel manufacturers, as such facility has created discrimination between the local clothing units and the foreign-owned units operating in the export processing zones (EPZs).For ensuring equal treatment of both...

Unending misery of tea workers

Syed Fattahul Alim | 2022-08-16 00:00:00

Tea workers across the country have enforced an indefinite strike since Saturday demanding a raise in their daily wage to Tk.300. Notably, at present, tea garden authorities pay them a daily wage of Tk.120. Bangladesh Tea Workers' Union (BTWU) has...

American exceptionalism: for peace or conflict?

Hasnat Abdul Hye | 2022-08-16 00:00:00

Even when the war in Ukraine was raging in full fury, threatening to escalate dangerously, two delegations of American Senators visited Taiwan, an island country that China considers as its integral part. The timing of the visits was bizarre and...

Brig General Jamil: An epitome of duty & courage

Enayetullah Khan | 2022-08-15 12:00:00

The dawn was about to break on August 15, 1975 when Bangabandhu Sheikh Mujibur Rahman made one of his final phone calls to his military secretary, the then Colonel Jamil Uddin Ahmad. He had been attacked, Bangabandhu told Col Jamil,...

Brig General Jamil: An epitome of duty & courage -

Enayetullah Khan | 2022-08-15 00:00:00

The dawn was about to break on August 15, 1975 when Bangabandhu Sheikh Mujibur Rahman made one of his final phone calls to his military secretary, the then Colonel Jamil Uddin Ahmad. He had been attacked, Bangabandhu told Col Jamil,...

Bangabandhu's assassination . . . and then the long darkness -

Syed Badrul Ahsan | 2022-08-15 00:00:00

It was the end of a beautiful dream for all of us in this land. Decades after his sudden, violent passing, with the ravaging ramifications of the coronavirus pandemic yet raging all over the world, we do not hold ourselves...

Banks restricted to Tk 1.0 margin in dollar dealings

SIDDIQUE ISLAM | 2022-08-15 00:00:00

Bankers are asked to review the widening spread between sale and purchase rates of the US dollar and forbidden from crossing Tk 1.00 margin, in government bid to tame the wayward forex market. The central bank issued the instructions at...

Genie is out of the bottle

Neil Ray | 2022-08-15 00:00:00

It seems the genie has been let out of the bottle. In a country where the market is controlled by sellers, particularly by business syndicates, the handle has been presented to them to mindlessly go about the business of spurring...

BB mulling fresh rules to manage forex volatility

Siddique Islam | 2022-08-14 00:00:00

The central bank is trying to set fresh rules on managing the volatility in foreign-exchange (forex) market and curb the falling trend of forex reserves.As part of the latest move, the Bangladesh Bank (BB) is scheduled to hold a meeting...

Hikes in fuel, fertiliser prices double whammy for economy

Asjadul Kibria | 2022-08-14 00:00:00

A sharp rise in fuel-oil prices, unveiled in a nighttime decree last week, leaves almost all in the countrydumbfounded, excepting a few who did not find anything wrong in such a coercive step. The government increased the prices of all...

India may lift anti-dumping duty on Bangladeshi jute exports

SYFUL ISLAM | 2022-08-13 00:00:00

India is likely to remove anti-dumping duty on Bangladeshi jute-goods export next month over five years after the bigger trade partner had slapped the levy to plug the fibre shipments. The announcement may come during the New Delhi visit of...

Post-pandemic transformation of human psyche

Nilratan Halder | 2022-08-13 00:00:00

Even though the epidemic is yet to be over with its residual mild and isolated visitations still giving people harrowing time here and there, a phenomenal post-pandemic transformation has already taken place. The transformation, unfortunately is not for the better...

Who's behind flight of dollars?

Syed Fattahul Alim | 2022-08-13 00:00:00

The economy is clearly under serious pressure as the local currency, Taka, is losing its value at a faster rate against US dollar than before. On Wednesday (Aug 11), for example, the US dollar was sold at a maximum of...

Skill training or remodelling curricula!

Nilratan Halder | 2022-08-12 12:00:00

The system of education in this part of the world hardly renders young aspiring young learners materialise their dreams. Only a select few can make it to the choicest corridor of disciplines in their higher studies. For the rest, notwithstanding...

NPLs at all-time high of Tk 1.25t

SIDDIQUE ISLAM | 2022-08-12 00:00:00

Classified or non-performing loans in Bangladesh's banking sector hit an all-time high at Tk 1.25 trillion in the first half of the current calendar year despite policy perks provided to stem the tide.The H1 volume of non-performing loans (NPLs) jumped...

All should work jointly to make inter-bank forex market operative

SIDDIQUE ISLAM | 2022-08-11 00:00:00

The Association of Bankers, Bangladesh (ABB) has urged all the stakeholders concerned to create an enabling environment that will allow the inter-bank foreign-exchange (forex) market to operate effectively."Generally speaking, interventions and restrictions in any market distort transparency and impede the...

Bring forex sans permission

SIDDIQUE ISLAM | 2022-08-11 00:00:00

Banks now get a free hand to deal with overseas exchange houses to bring foreign exchange as the government strives to recharge reserves amid dollar crisis at home as also abroad. Price of cash dollar bucked up to Tk 119...

A bowl of rice, a dash of salt and some green chilli

Syed Badrul Ahsan | 2022-08-11 00:00:00

As an incorrigible Bengali, one who enjoys traditional Bengali meals any hour of the day, I am worried about the scarcity of green chilli that goes with my food, indeed with the food of all my fellow citizens in Bangladesh....

Port city traders bear brunt of narrow passage

NAZIMUDDIN SHYAMOL | 2022-08-09 00:00:00

CHATTOGRAM, Aug 08: The under-construction sluice gate on Chaktai Canal has turned out to be bane, not boon for the port city traders. Importers, exporters and wholesalers of essentials in Chaktai, Khatunganj and Assadganj areas have been suffering financially since...

BD's duty-free facility for Bhutan comes into effect

DOULOT AKTER MALA | 2022-08-09 00:00:00

Bangladesh has finally made the duty-free market-access facility under preferential trade agreement (PTA) effective for Bhutan through a much-awaited official gazette. The customs authority has offered tax waiver on import of 16 Bhutanese products by issuing a statutory regulatory order...

Treasury heads of six banks face BB action

SIDDIQUE ISLAM | 2022-08-09 00:00:00

Taka depreciated deeply against the dollar on both interbank and kerb markets on Monday in defiance of preventive drives, prompting the regulator to caution six banks against distorting the market. The price of cash dollar hit an all-time high at...

Poor consumers the forgotten lot

Syed Fattahul Alim | 2022-08-09 00:00:00

Fuel is such an essential item in the public's everyday life that any change in its price starts a chain reaction in the market. As a consequence, the cost of living goes up. And when there is already an inflationary...

Global economy at a crossroads

Hasnat Abdul Hye | 2022-08-09 00:00:00

That the global economy is in turmoil is no news now. What everyone is waiting to hear is: can it become better before getting worse? As of now no one, from number crunchers in banks and research bodies to policy...

Additional Tk 15b govt revenue being reckoned

DOULOT AKTER MALA | 2022-08-08 00:00:00

Fuel-price hike would earn government an additional Tk 15 billion in revenue in the current fiscal year as one of the spinoffs, according to an official reckoning. The revenue is estimated to be generated from value-added tax (VAT) at sale...