MUNIMA SULTANA | 2022-08-02 00:00:00
The country is expected to enter a new era of road communication with the inauguration of two more bridges likely next month, which will establish a direct link with all rivers.The Roads and Highways Department (RHD) is planning to open...
ISMAIL HOSSAIN | 2022-08-02 00:00:00
Printed newspapers must bring innovation in their business model to increase their revenues, says a top advertising professional.The print media has now come down to the third position after television and digital media in terms of share in the advertising...
Doulot Akter Mala | 2022-08-02 00:00:00
Bangladesh has offered two packages of concessionary duty benefits for the D-8 and some OIC countries to facilitate trade with the blocs.After the South Asian Free Trade Area (SAFTA) packages, the country has offered such preferential duty-packages for the first...
Hasnat Abdul Hye | 2022-08-02 00:00:00
Bangladesh, like other developing countries keen to be on a higher growth path, has resorted to borrowing from foreign bi-lateral and multilateral institutions for hard currency and domestic sources for the taka component of foreign-financed projects since long. With the...
SIDDIQUE ISLAM | 2022-08-01 00:00:00
Bangladesh's imports plummet following regulatory measures to ease pressure of import-payment obligations and thus buttress country's falling foreign-exchange reserves, officials say.The opening of letters of credit (LC), generally known as import orders, dropped over 31 per cent to $5.47 billion...
MUNIMA SULTANA | 2022-08-01 00:00:00
The development work of a priority project, Daulatdia-Faridpur-Barishal highway, is yet to see any progress despite its feasibility study was completed 13 years ago.Sources said the Roads and Highways Department (RHD) will now conduct another feasibility study afresh on the...
Helal Uddin Ahmed | 2022-08-01 00:00:00
It has been four years since A.H.M. Moazzem Hossain - editor of The Financial Express and a pioneer of business journalism in Bangladesh - left this earthly abode. But even today, a wall of sadness engulfs me whenever I recall...
Neil Ray | 2022-08-01 00:00:00
Muggers are ubiquitously on the prowl in the capital city. Yet there are particular areas, roads or alleys where the muggers are hyperactive. Some of those are mugger-infested. Kawranbazar, reportedly, is one such hotspot. An incident of mugging and its...
Asjadul Kibria | 2022-07-31 12:00:00
A former Indian diplomat, who had also served in Bangladesh twice, suggests that India should try to make rupee, the Indian official currency, a legal tender in Bangladesh. "If Rupee is made a legal tender in Bangladesh, as it is...
REZAUL KARIM | 2022-07-31 00:00:00
Japan is expected to assist Bangladesh to prepare a roadmap with a view to facing challenges after its graduation from the Least Developed Countries (LDC) club in 2026. To this effect, a five-member delegation from the Ministry of Economy, Trade...
Doulot Akter Mala | 2022-07-31 00:00:00
Bangladesh has drafted a legal framework to make the way for getting access to credit from the BRICS-led New Development Bank (NDB).The Economic Relations Division (ERD) under the Ministry of Finance has prepared the draft on the "New Development Bank...
Khandakar Qudrat-I Elahi | 2022-07-30 00:00:00
Is the Russian invasion of Ukraine a crisis? The answer depends upon how we understand the situation. Here in Canada, I notice few reactions among political and civilian elites or the general public. People are worried about its supposed impact...
Nilratan Halder | 2022-07-30 00:00:00
Games and sports imitate life in more ways than none. There are struggles to rise to the pinnacle or pole position. Against the sweetest success, there are heart-breaking defeats too. Even the world's leading player has to leave the stage...
Syed Fattahul Alim | 2022-07-30 00:00:00
The government's effort to save electricity through rationing has come up against its plans to accelerate industrialisation and thereby lift the economy onto a higher growth path. And the power rationing is also negatively impacting agriculture, not to speak of...
Hasnat Abdul Hye | 2022-07-29 12:00:00
Global warming, through emission of GREEN House Gases (GHG), has steadily deteriorated over the past three decades since the first Earth Summit was held in Rio in 1992. Beginning from 1995 in Berlin, 26 summits of heads of state and...
SIDDIQUE ISLAM | 2022-07-29 00:00:00
The exchange rate of cash dollar against taka on the open market, known as kerb market, remained mostly unchanged on Thursday as the regulatory drive on money changers continues.Market operators say cash dollar was traded ranging between Tk 108 and...
Nilratan Halder | 2022-07-29 00:00:00
It has been dubbed the country's first digital population census. Released on Wednesday last, the Population and Housing Census 2022 has come up with yet another 'first' in the country's demographic development. It is for the first time that females...
SIDDIQUE ISLAM | 2022-07-28 00:00:00
An eventual policing drive against suspected manipulators brought down the overheating cash-dollar price on the open market that hit Tk 112 Tuesday amid growing concerns about Bangladesh's foreign-exchange reserves.Market operators said the exchange rate of the US currency came down...
Tasmiah Tabassum Ali | 2022-07-28 00:00:00
For most people, the first impression of a bank job is having to sit behind a cash counter, dealing with long lines of customers day in, and day out. For others, a bank job means opening accounts and calling customers...
Syed Badrul Ahsan | 2022-07-28 00:00:00
The government has gone for certain measures to ensure austerity in the way we conduct life in these fraught times. Steps to conserve electricity through a programme of load-shedding are of course needed and ought to be welcomed by citizens...
SIDDIQUE ISLAM | 2022-07-27 00:00:00
Bangladesh has assured the International Monetary Fund (IMF) of complying with latest global standards of reporting foreign-exchange reserves, officials say, as an IMF mission mentioned 'miscalculation' of the amount.The assurance was made in a meeting with an IMF economic appraisal...
Siddique Islam | 2022-07-26 00:00:00
Banks have been asked to realise overdue export proceeds worth US$1.50 billion forthwith as the central bank tightens its stance to augment foreign-exchange flow into the market.The directive came at the bankers' meeting held Monday at the central bank headquarters...
Syed Fattahul Alim | 2022-07-26 00:00:00
The World Health Organization (WHO)'s Director General (DG), Dr Tedros Adhanon Ghebreyessus, has declared monkeypox outbreak a global health emergency. Such classification of the viral disease's outbreak by WHO also indicates that the global alert against the monkeypox outbreak is...
SIDDIQUE ISLAM | 2022-07-25 00:00:00
Loan disbursement under the economic-recovery stimulus packages, particularly for large industries and services sector, drops mainly as prospective clients look averse.With this second-phase disbursement sluggishness in the backdrop, the third phase of the financial package commences this week only after...
SYFUL ISLAM | 2022-07-25 00:00:00
The D-8 Chamber of Commerce and Industry (D-8 CCI) will propose alternative trade financing to address the pressure on the local currency and the foreign exchange (forex) reserve. The chamber will suggest three modes of alternative trade financing - block...
Neil Ray | 2022-07-25 00:00:00
The commissioning of the Padma Bridge has opened up unlimited possibilities in terms of communication, convenience, time saving and economy. Not only are people living on the western side of the river Padma expected to be its beneficiary but also...
Ngozi Okonjo-Iweala, Rebeca Grynspan and Pamela Coke-Hamilton | 2022-07-25 00:00:00
We are in the toughest period the world economy has faced since the creation of the multilateral system more than three-quarters of a century ago. A quadruple shock of COVID, climate change, conflict and cost-of-living has undone years of hard-fought...
MUNIMA SULTANA | 2022-07-24 00:00:00
The iconic Kamalapur Railway Station building will not be demolished but its view is likely to be blocked due to construction of infrastructures for setting up a multimodal transportation hub (MMTH) in the station area. Sources said the Bangladesh Railway...
Mohammad Mufazzal | 2022-07-24 00:00:00
The securities regulator will sit with various stakeholders to listen to their observations about the market and encourage them to play a proactive role in revamping it.As part of the move, the Bangladesh Securities and Exchange Commission (BSEC) will sit...
Asjadul Kibria | 2022-07-24 00:00:00
There has been a sharp rise in Bangladesh's external borrowings over the last couple of years. However, a lower ratio of external debt to Gross Domestic Product (GDP) leaves a comfort zone for the country's policymakers. Many experts and economists...
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