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Contract farming reduces use of antibiotics

Sultan-ul Islam | 2024-05-23 00:00:00

Observation of farming practices at ground level has revealed that most broiler chicken farmers are using antibiotics unnecessarily. This increases production cost and puts the health of the public at risk. On the other hand, poultry companies are providing their...

Lessons that go against floor price rhetoric

BABUL BARMAN and FARHAN FARDAUS | 2024-05-23 00:00:00

The floor price was in place for about 18 months to protect "small investors" but persistent bleeding of the index since its removal in January raises questions as to what investors or market achieved from the regulatory intervention. The prime...

Second unit set to go into operation next month

NAZIMUDDIN SHYAMOL | 2024-05-23 00:00:00

CHATTOGRAM, May 22: The 600 MW second unit of the Matarbari Ultra Super Critical Coal-Fired Power Project is slated to commence commercial operations in June, as the unit is now undergoing a test run, which is expected to be complete...

Developing right kind of human capital

Atiqul Kabir Tuhin | 2024-05-23 00:00:00

Bangladesh stands out from many developing economies, thanks to its favourable demographic dividend. A large young population presents a unique opportunity for growth. Tapping into this bright potential, however, hinges on transforming the youth into a skilled and productive workforce...

The moral and legal crusade of Karim Khan

Syed Badrul Ahsan | 2024-05-23 00:00:00

Prosecutor Karim Khan's move at the International Criminal Court has ignited a firestorm of rage in the United States (US). He has sought warrants of arrest for some leading Hamas figures and --- this is important --- for Israeli prime...

Two-thirds still to pay Tk 4.0b in tax arrears

DOULOT AKTER MALA | 2024-05-22 00:00:00

Two-thirds of the private universities are yet to pay an estimated Tk 4.0 billion in tax arrears despite a freeze on their bank accounts for the past two months.The authorities concerned under Taxes Zone-11 froze bank accounts of 33 private...

No price 'adjustment' to dollar, specific taxing proposed

REZAUL KARIM | 2024-05-22 00:00:00

Commerce ministry seeks fixed-rated duties on edible oils and sugar to keep market supply sufficient and prices stable while the state minister in charge pledges no 'price adjustment' during Eid.Sources said the ministry recently made the proposals to the National...

Stocks losing foreign holdings as investors shun market

BABUL BARMAN | 2024-05-22 00:00:00

Foreign stakes in listed securities have continued to fall as overseas investors dumped their holdings, having lost faith in the market and become worried over the sharp devaluation of the local currency against the dollar. The market index hovered around...

Welcome to the abundance of 'ChipiChapa'

NOWSHABA ACHAL | 2024-05-22 00:00:00

ChipiChapa is a street food hub hidden in the lively area of Merul Badda, adjacent to the prestigious BRAC University new campus (a few steps away from the pocket gate). Numerous food carts offer an abundance of street food here....

Listing of state-run entities: Efforts renewed to make use of slim chance

MOHAMMAD MUFAZZAL | 2024-05-21 00:00:00

The Investment Corporation of Bangladesh and the Dhaka bourse have renewed efforts for the listing of state-run enterprises (SoEs), an issue that is dragged out of the forgotten stuff every now and then but to no avail. In the latest...

Danger of faster sea level rise

Syed Fattahul Alim | 2024-05-21 00:00:00

American south is witnessing an alarming rise in sea level affecting coastal communities across eight US states, says a Washington Post analysis reported last month (April 29). The tide gauges of the water level monitoring stations at more than eight...

Leading NBFIs benefit little from higher interest rates in fierce fight for deposits

BABUL BARMAN and FARHAN FARDAUS | 2024-05-20 00:00:00

Leading non-bank financial institutions' cost of funds rose amid monetary tightening, resulting in a lower profit in the first quarter through March this year, compared to the same quarter last year. Hence, the hikes in lending rates after the withdrawal...

Eggs stored in cold storages!

Neil Ray | 2024-05-20 00:00:00

For two consecutive days – Friday and Saturday, two contemporaries have carried reports on unearthing of clandestinely stored chicken eggs in cold storages in Madaripur and Cumilla. In Madaripur, the haul was to the tune of 0.60 million and in...

Keeping tabs on Myanmar events

Syed Fattahul Alim | 2024-05-20 00:00:00

Amid media reports that the ethnic Arakan Army (AA) has seized control of the Buthidaung Township of the Rakhine State near Bangladesh border with the Myanmar junta's army in full retreat, the Asian Parliamentarians for Human Rights (APHR) has called...

Bangladesh high schoolers emerge as top five

Khalid Saifullah Khan | 2024-05-19 00:00:00

"The journey was very good. It was a great experience for us. But we had faced so many difficulties, like financial problems, visa issues, etc. There was a time when we thought we might not be able to join the...

7th Nature and Earth Summit held

Sheikh Hasin Abrar Alvi | 2024-05-19 00:00:00

Notre Dame Eco and Space Club hosted the 7th National Earth and Space Summit (NESS) on the premises of Notre Dame College from May 16 to May 18, 2024. This festival aimed to ignite young minds in astronomy and ecology...

Kalurghat Bridge still remains in doldrums

Nazimuddin Shyamol | 2024-05-19 00:00:00

CHATTOGRAM, May 18: The newly construction of the dilapidated Kalurghat Bridge in the port city is still a far cry as the development project proposal (DPP) is facing a long delay in getting the final approval from the government authorities...

Glaring indifference to railway safety

Atiqul Kabir Tuhin | 2024-05-19 00:00:00

At a time when the deteriorating conditions of rail tracks have already made rail routes accident-prone causing recurring human tragedy, it is alarming to learn that wooden planks and bamboo sticks are being used in repairing and maintaining the dilapidated...

Can Chinese credit in yuan meet country's present need?

Asjadul Kibria | 2024-05-19 00:00:00

Advanced developing countries like China and India have been trying to push their currencies in the bilateral trade settlement with their different trading partners like Bangladesh for a long time. The core logic is that it will help reduce the...

Duty dodging thru false declaration of imports surges

GULAM RABBANI | 2024-05-18 00:00:00

Dodging duties through false declaration on imports has increased alarmingly in last few years, a watchdog noses out, while public purse feels financial strains. In the financial year 2022-2023, the Customs Intelligence and Investigation Directorate (CIID) realised Tk 2.01 billion...

Chinese consortium seeks digital banking licence in BD

REZAUL KARIM | 2024-05-18 00:00:00

A group of Chinese nationals, in collaboration with Bangladeshi partners, has applied for a digital bank licence in Bangladesh, according to documents of the Chinese Embassy in Dhaka. The consortium submitted the application to the Bangladesh Bank under the name...

CPA to get land to build Bay Terminal next week

NAZIMUDDIN SHYAMOL | 2024-05-18 00:00:00

CHATTOGRAM, May 17: The Chattogram district administration will hand over 500.9863 acres of khas land to the Chittagong Port Authority (CPA) to build the Bay Terminal at a token price within the next week. The CPA has already deposited three...

Healing broken human relations

Nilratan Halder | 2024-05-18 00:00:00

Like the 'Unreal City' in TS Elitot's The Wasteland, Dhaka soaks the searing heat of a fiercely burning sun and stands abstract and impervious as if it is a piece cut out of the netherworld. In Eliot's masterpiece, London was...

Operators worried as govt weighs higher tax on mobile services

ISMAIL HOSSAIN | 2024-05-17 00:00:00

The country's mobile-network operators have voiced their disapproval of a potential 5-percent increase in supplementary duty (SD) on basic mobile-phone services like talk time and internet data usage. This comes after news reports suggested the National Board of Revenue (NBR)...

Local manufactures also getting costlier with VAT hike

DOULOT AKTER MALA | 2024-05-17 00:00:00

Local manufactures like refrigerator, AC, mobile set and LPG cylinder also may get costlier for tax hike as financial reform necessitates lowering tariff protections to domestic industries. Sources say the local manufacturers of electrical and electronic products may see a...

Unilever Consumer Care sees highest trade volume in 14 months

MOHAMMAD MUFAZZAL | 2024-05-17 00:00:00

Unilever Consumer Care on Thursday witnessed transactions of the highest volume of shares in a day in 14 months on the Dhaka Stock Exchange (DSE). On the day, the second highest valued stock's turnover was Tk 90.40 million following trades...

Planning pragmatic teaching for young learners

Nilratan Halder | 2024-05-17 00:00:00

Against the background of examinations in truncated syllabi and subjects ---and that also carrying in most cases half the marks instead of full marks--- this year's Secondary School Certificate (SSC) examination reverted to its full form on all those counts....

Minimising food loss & waste for a sustainable planet

Helal Uddin Ahmed | 2024-05-17 00:00:00

According to a recent report of the United Nations titled 'Food Waste Index Report 2024', a billion meals are wasted worldwide every day, and 1.05 billion tons or over a trillion dollars' worth of food are thrown out every year...

TCB seeks Tk 100b funds from government

REZAUL KARIM | 2024-05-16 00:00:00

The Trading Corporation of Bangladesh (TCB) has sought around Tk 100 billion of funds directly from the government to help the state-run agency lessen its dependence on costly bank loans, a source has said.To this practice, the entity has recently...

Rules for margin loans: Regulator, lenders consider reforms

MOHAMMAD MUFAZZAL | 2024-05-16 00:00:00

The securities regulator and market operators have put their heads together to change rules for margin loans to stem a further rise of negative equity as they consider it crucial for market stability. A committee comprising representatives from the Bangladesh...