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EFDs in shops still remain distant goal

Doulot Akter Mala | 2021-02-15 00:00:00

The majority of small and medium scale shopping outlets are yet to install the automated sales transaction system despite repeated reminders coming from the National Board of Revenue (NBR) since 2009.A good number of these shops operating without electronic fiscal...

Investors eye shares of hotels, cruise lines as U.S. vaccinations pick up

By David Randall | 2021-02-15 00:00:00

NEW YORK (Reuters) - Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce back when the pandemic...

Pandemic related economic challenges in Bangladesh

Salwa Islam Audrika | 2021-02-15 00:00:00

For the past decade, the silver lining for Bangladesh has been its Gross Domestic Product (GDP) growth. While Bangladesh boasts development in infrastructure, exports and GDP per capita, the country still needs to address the lack of job opportunities for...

Hostage-takers' role reversed!

Neil Ray | 2021-02-15 00:00:00

Beware of brides to be! Yes, this is a warning for bachelors looking for their partners. There is no reason to think girls of marriageable ages are weak and vulnerable. At least a betrothed girl Rabeya Sultana Ritu from Jashore...

Making ground ready for M&A

Shamsul Huq Zahid | 2021-02-15 00:00:00

Mr. AMA Muhith, former finance minister had made contrasting statements on the merger and acquisition (M&A) of banks in Bangladesh on two successive dates in the month of December 2016. He seemed very unhappy about the existence of too many...

Vaccination, education and government connecting with people

Syed Badrul Ahsan | 2021-02-15 00:00:00

A crisis often brings out the best in people. We have experienced it politically in this land, having been witness to history many times over. We have observed this reality in the past many years, with our Gross Domestic Product...

Move to tighten grip on salt import

DOULOT AKTER MALA | 2021-02-14 12:00:00

Industries ministry has suggested that the National Board of Revenue (NBR) take its recommendations before allowing the import of any type of salt.It sought detailed information regarding salt import, including importers' names and the volume of import, before giving permission...

Mitsubishi keen on third terminal operation

MUNIMA SULTANA | 2021-02-14 00:00:00

A Japanese company is interested in developing a multimodal transport hub at airport rail station on condition that it operates the third terminal of Hazrat Shahjalal International Airport.Officials said Mitsubishi Corporation has proposed the Public-Private Partnership Authority to invest in...

BSEC actions against wrongdoers on rise

Mohammad Mufazzal | 2021-02-14 00:00:00

The regulatory measures against the issuers and market operators continued to rise to ensure the compliance in market operations.The data regarding the securities regulator's enforcement actions reveal that the number of the regulatory measures gradually rose during January to December,...

Winter chill is back but not without a difference

Nilratan Halder | 2021-02-13 12:00:00

This winter is definitely a reminiscence of those bone-chilling ones down the memory lane. Yet it must be admitted that it is not like any of the ones experienced 50-60 years ago. Even if it were colder, in the jungles...

Govt plans to build buffer stock of essential goods

REZAUL KARIM | 2021-02-13 00:00:00

The government plans to import or buy locally around 0.143 million tonnes of key essential items to face any crisis or price spiral in future especially during the holy month of Ramadan, officials said. A buffer stock of such products...

BSCIC plans spl bank for CMSMEs

ISMAIL HOSSAIN | 2021-02-13 00:00:00

The Bangladesh Small and Cottage Industries Corporation (BSCIC) mulls establishing a separate specialised bank to help grow the country's cottage, micro, small and medium enterprises (CMSMEs) sector.The BSCIC has already sought the Ministry of Industries' (MoI) consent and necessary support...

No cut in domestic ADP funding

SYFUL ISLAM | 2021-02-13 00:00:00

The government has decided to keep the domestic resource allocation in the annual development programme (ADP) for the current financial year unchanged.The budget for the FY2021 is now undergoing a revision, officials said.The external assistance component of the ADP has...

Weighing scale spells trouble for Ctg businesses

NAZIMUDDIN SHYAMOL | 2021-02-13 00:00:00

CHATTOGRAM, Feb 12: The trade and business of commercial hub Chattogram is suffering a lot, as the local businesses cannot supply the imported goods to other parts of the country smoothly due to the restriction at the weighing scale at...

DSEX sheds 423 points in four straight weeks

BABUL BARMAN | 2021-02-13 00:00:00

Stocks extended the losing streak for the fourth straight week as risk-averse investors kept their sell-offs to avoid further losses amid persistently lackluster trading.The government rolled out the nationwide mass coronavirous vaccination drive on first day of the week but...

Trans-Himalayan Economic Forum

Dilip Barua | 2021-02-13 00:00:00

The Trans-Himalayan economic forum is mainly a forum that plays a catalytic role in bridging the gap between China and South Asia, encompassing part of China's Belt and Road Initiative - a global development initiative that develops connectivity, especially across...

American democracy under the scanner

Syed Fattahul Alim | 2021-02-13 00:00:00

In their second attempt to impeach former US president Donald Trump, the Democrats have presented before the Senate more vivid pictures with graphic details of the insurrectionist attack of January 6 on the Capitol building in Washington, D.C. And the...

Upcoming Industrial Policy: Some suggestions

Md Joynal Abdin | 2021-02-13 00:00:00

National Industrial Policy 2016 is going to be replaced by its upcoming version National Industrial Policy 2021. Before that, we had National Industrial Policy 2010, 2005 etc. A policy comes into effect every five years. But how much of the...

Managing coastal out-migration in BD

Susmita Dasgupta, David Wheeler, Mainul Huq and Utpal Roy | 2021-02-13 00:00:00

Worldwide sea levels will continue rising beyond 2100, even if greenhouse gas emissions are halted today. The current scientific consensus projects at least a one-meter-rise this century. New evidence on ice-cliff instability in the Antarctic suggests that a three-meter increase...

20-yr plan review after lapse of five years

MUNIMA SULTANA | 2021-02-12 00:00:00

The 20-year transport plan for the mega city will be revised in a gap of five years to identify lapses and deviations in executing the proposed options.With this, the strategic transport plan (STP) will be revised twice since the first...

It's just start of the battle

Shamsul Huq Zahid | 2021-02-12 00:00:00

The countrywide Covid-19 vaccination programme on the first day of its launch received a somewhat lukewarm response. But from the third day, the people in greater numbers started taking the jab at designated vaccination centres. On the fourth day, over...

Saving rivers proves critical

Nilratan Halder | 2021-02-12 00:00:00

Apparently there is hardly any connection or similarity between the glacial burst that triggered a disastrous flash flood in Uttarkhand, India and the tar-like colour of water flowing down the Buriganga River. But a probing eye may discover some common...

ACC asks NBR to probe legalising black money

DOULOT AKTER MALA | 2021-02-11 00:00:00

The Anti-Corruption Commission (ACC) has warned the taxmen against black money accumulation by some people, showing income from fake fish, poultry and dairy farms or other businesses relating to stock of goods.On several occasions, the watchdog found that a number...

Banks in artificial comfort zone

SIDDIQUE ISLAM | 2021-02-11 00:00:00

The provisioning shortfall against loans in the country's banking system fell by over 98 per cent in the last quarter of the year 2020 as the non-performing loans (NPLs) declined to some extent, officials said.It came down to only Tk...

Mental health services for women

Kamrun Koly and Mir Nabila Ashraf | 2021-02-11 00:00:00

Globally five out of 100 people suffer from depression, says a report by the World Health Organization (WHO). Depression was predicted to be the second leading cause of global disability burden by the end of 2020. The report also states...

Road to post-vaccination normality

Helal Uddin Ahmed | 2021-02-11 00:00:00

Many people have started dreaming about a return to normalcy and normal life following the application of Covid-19 vaccines at numerous places of the globe. But while some are viewing the vaccination drive through a dichotomous prism - life before...

Estimating unpaid labour integral to achieving SDG 5

Fahmida Khatun, Towfiqul Islam Khan and Kazi Golam Tashfique | 2021-02-11 00:00:00

In recent decades, Bangladesh has made substantial progress in narrowing down gender inequality. This paves the way towards achieving Sustainable Development Goals, particularly SDG5: Achieve gender equality and empower all women and girls. Ranking 50th among 153 countries in the...

Moratorium helps banks’ NPL shrink further

SIDDIQUE ISLAM | 2021-02-10 00:00:00

The size of the banks' non-performing loans (NPLs) shrank further at the end of the fourth quarter of 2020.The suspension of the usual practice of classifying loans that had been put into effect by the central bank in March last...

Construction of new Chattogram Nagar Bhaban yet to be completed

NAZIMUDDIN SHYAMOL | 2021-02-10 00:00:00

CHATTOGRAM, Feb 09: Though one decade has already elapsed by this time seeing Chattogram City Corporation (CCC) polls being held three times, including the last one on January 27, construction work of the new Nagar Bhaban (City Building) could not...

Tax receipts from DSE up 13pc month-on-month in January

Babul Barman | 2021-02-10 00:00:00

The government revenue earnings from the Dhaka bourse rose 13 per cent month-on-month in January of the previous fiscal year as trading volume was on the rise riding on regulatory measures.Market operators said buoyant investors have given boost to the...