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Empowering women entrepreneurs through financial literacy

Melita Mehjabeen | 2022-07-15 12:00:00

In the last 20 years, Bangladesh has made remarkable progress in empowering women across the country. The country has set an exemplary record, ranking first in gender equality among the South Asian nations for the seventh year running, according to...

MRT-6 work progressing fast, yet facing challenges

Munima Sultana | 2022-07-15 00:00:00

The implementation work of the capital city's first metro rail is progressing fast with the target to open the mass transportation system from Uttara to Agargaon (11.73 kilometres) in December, 2022.It is, however, facing some challenges in completing the integrated...

BB set to enhance forex flow by $1.0b

SIDDIQUE ISLAM | 2022-07-15 00:00:00

The central bank is set to enhance the foreign-exchange flow by nearly $1.0 billion as part of regulatory measures to manage the ongoing volatility in the market, officials say.Around $365 million will be credited to banks' own accounts from exporters'...

IMF team to assess NBR's technical assistance needs

Doulot Akter Mala | 2022-07-15 00:00:00

A mission of the International Monetary Fund (IMF) is expected to meet the revenue authority on Monday next (July 18) to discuss pros and cons of the country's need for technical assistance on capacity development in tax- revenue mobilisation. The...

Patenga Container Terminal to start operation this year--

NAZIMUDDIN SHYAMOL | 2022-07-15 00:00:00

CHATTOGRAM, July 14: The Chittagong seaport this year will get a new container terminal named Patenga Container Terminal (PCT) as its construction work is going to be completed in the current month, officials said. After a five-month delay due to...

Reaping rich dividends from Padma bridge

Nilratan Halder | 2022-07-15 00:00:00

Two flagship bridges of riverine Bangladesh, the Padma Bridge and Bangabandhu Setu, have revolutionised the country's communication. Of the two, the latest to have been opened to traffic is the bridge on the mighty river Padma known for its treacherous...

LCs under watch for regulating imports

Siddique Islam | 2022-07-14 00:00:00

The central bank begins monitoring LCs daily to bar unnecessary imports in a major bid to ease pressure of import-payment obligations and thus buttress Bangladesh's falling reserves, officials say.Under the latest regulatory move-incidentally amid declining foreign-exchange reserves and depreciation of...

Politics in a multicultural Britain

Syed Badrul Ahsan | 2022-07-14 00:00:00

That as many as eleven politicians in Britain have now made it known that they wish to be prime minister in succession to Boris Johnson is plainly mind-boggling. This is something rather rare in British politics. And it shows the...

In love with rooftop gardens

Nilratan Halder | 2022-07-09 00:00:00

Rooftop garden has, of late, caught the fancy of some residents of Dhaka City. Not all apartment and building owners are, however, passionate about such gardening. Most people like flowers and their efforts are limited to growing at least a...

Investors fret as gloom grips stocks

BABUL BARMAN | 2022-07-09 00:00:00

The stock market passed a gloomy week to Thursday, the last week before Eid-ul-Azha, as investors stayed on the sidelines, worried about a potential economic slowdown.The week saw five trading days as usual with three sessions falling marginally while two...

Little room for playing it safe

Syed Fattahul Alim | 2022-07-09 00:00:00

Amid the rising costs of imported fossil fuels to generate power, loadshedding is now being thought of as an option to save the economy. But, if the country could well exploit the abundant tropical sunshine, it is naturally blessed with,...

Padma Bridge embodies economic aspirations

Farhadul Islam | 2022-07-09 00:00:00

In the fullness of time, Bangladesh witnesses a long-harboured dream of having a bridge to cross the mightiest river Padma come true, thereby opening up a gateway to unbounded economic opportunities. The iconic bridge, rated as the 122nd-largest in the...

Two summits: rhetorics and reality

Hasnat Abdul Hye | 2022-07-09 00:00:00

It is unprecedented to have two summits of the world's most industrialised countries' leaders back to back. But that is what happened in the last week of June when the G-7 summit in the Alpine resort town of Schloss Elmauin...

No lifting of ban until services improve, says minister

Ismail Hossain | 2022-07-08 00:00:00

Posts and Telecommuni-cations Minister Mostafa Jabbar has said the government would not lift the ban on new SIM sales until Grameenphone (GP) makes visible improvement in its servicesThe operator did not improve the quality of services despite repeated warnings, he...

India for four trial runs in Aug

SYFUL ISLAM | 2022-07-08 00:00:00

Aiming to start full-scale use of Bangladesh's Chittagong and Mongla seaports soon, India wants to conduct four trial runs of transhipment next month, officials say.Recently, the Indian High Commission in Dhaka wrote to the shipping ministry expressing willingness to complete...

Sales of slaughtering tools gain pace in city

TALHA BIN HABIB | 2022-07-08 00:00:00

The sales of animal slaughtering equipments and accessories have gained momentum across the capital ahead of the Eid-ul-Azha, to be celebrated on Sunday. Different types of slaughtering tools, like sharp knife, machete (chapati), kitchen knife (boti), log seat (khatia) and...

Why should teachers be at the receiving end?

Nilratan Halder | 2022-07-08 00:00:00

Socrates, the great philosopher-teacher of ancient Greece, was sentenced to death on charge of corrupting youths. This happened in 399 B.C.---only five years after the fall of Attica that began a brutal and humiliating decline of the Golden Age of...

Underappreciated role of nurses during pandemic

Hasnat M Alamgir | 2022-07-08 00:00:00

Nurses in Bangladesh play a vital role in delivering patient-care services and achieving desired patient-outcome measures in healthcare settings. Their roles, importance, and responsibility turned out to be particularly relevant during the current Covid-19 pandemic, where they were leading in...

Cattle trading kicks off in city markets

TALHA BIN HABIB | 2022-07-07 00:00:00

Cattle trading in the capital reported poorly on the first on Wednesday as traders sought high prices for sacrificial animals from prospective buyers.The FE visited makeshift markets at Kamalapur, Shajahanpur, Jatrabari and Shanirakhra areas and found traders taking care of...

Move on to revive DA-Ctg expressway

Munima Sultana | 2022-07-07 00:00:00

Government authorities move to revive a dormant project for developing over 200-km expressway in Bangladesh's prime Dhaka-Chattogram corridor, sources say, now that even the upgraded highway is getting clogged.Roads and Highways Department (RHD) suspended the Tk 933.5 billion Dhaka-Chattogram expressway...

Laundered money repatriation bait receiving response

Doulot Akter Mala | 2022-07-07 00:00:00

Government's revenue authority expects around Tk 20 billion in taxes by whitening undisclosed money as the budgetary bait of amnesty begins to arouse response, sources say.The first-of-its-kind scheme of whitening black money by paying 7.0- percent tax may lure back...

Parking policy shelved, Dhaka's transport disarray deepens

MUNIMA SULTANA | 2022-07-07 00:00:00

A parking policy prepared for Dhaka four years back seems shelved while transport disarray in the capital creates traffic impasse, say sources and blame vested interest for the drawback. They say Dhaka Transport Coordination Authority (DTCA) formulated the draft Parking...

The middle class . . . in perennial struggle

Syed Badrul Ahsan | 2022-07-07 00:00:00

There are all the worries we need to deal with, though we cannot say that we will tide over them anytime soon. For the middle class, and especially for those who have fixed jobs and so salaries that do not...

Free services, related cost hold back Sonali Bank

SYFUL ISLAM | 2022-07-06 00:00:00

Sonali Bank Ltd incurred a cumulative loss of Tk 182.53 billion in the last 13 years as the state-owned bank has to provide services free of charge or at low cost.In 2021, the bank's loss was Tk 26.70 billion, its...

First campus-based IT business incubator opens in Ctg today

NAZIMUDDIN SHYAMOL | 2022-07-06 00:00:00

CHATTOGRAM, July 05: The country's first-ever university campus-based IT business incubator will kick off its journey on Wednesday. Prime Minister Sheikh Hasina will virtually inaugurate the Chittagong University of Engineering and Technology (CUET)'s Sheikh Kamal IT Business Incubator in the...

Few observations on the new MPS

Md. Kamrul Bari | 2022-07-06 00:00:00

On the last of day of June, Bangladesh Bank (BB) has declared its annual monetary policy statement (MPS) for the fiscal year 2022-23 (FY23). The new monetary and credit plans are intended to pursue a cautious policy stance with a...

Ctg port gets more modern cranes

Nazimuddin Shyamol | 2022-07-05 00:00:00

CHATTOGRAM, July 05: The Chittagong port would soon install two more Quay Gantry Cranes (QGC) as these arrived here on Sunday to facilitate smooth operation of the country's main seaport.With these two, the port will have a total of 18...

Measure may pamper informal economy

DOULOT AKTER MALA | 2022-07-05 00:00:00

A flexible approach to enforcement of the provision for mandatory verification of tax-return slip is being adopted for now, officials say as apprehensions grow about money migration into informal economy.The customized software on third-party verification that is a proof of...

Digital banking is the ‘quintessence of Dhaka Bank’, says its chairman

Siddique Islam | 2022-07-05 00:00:00

Dhaka Bank Limited wants to attract new customers through providing world-class services using the latest technologies, the bank's top policy maker has said."We're committed to provide time-bound services to our valued customers," Abdul Hai Sarker, chairman of Dhaka Bank, told...

Victims of intolerance

Syed Fattahul Alim | 2022-07-05 00:00:00

Two recent incidents at the country's two educational institutions have jolted public conscience. In one case, a teacher at a school in Savar, not far from Dhaka, was killed by his student on the schoolyard. In another, a teacher was...