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Is it just about the money?

Tasmiah Tabassum Ali | 2022-04-21 00:00:00

Gone are the days when working in finance meant sitting in front of a computer from 9 am to 5 pm and inputting values into an Excel sheet, not seeing any real impact of your work. Finance jobs today require...

Five decades of BD-Canada relations

Humayun A Kamal | 2022-04-21 00:00:00

The Canadian government, people, and media expressed whole - hearted support and sympathy for the people of Bangladesh and their liberation struggle in 1971. Canada also provided much -needed humanitarian assistance, life-saving medicine, as well as financial donations to the...

BSEC seeks explanation from 15 brokers

MOHAMMAD MUFAZZAL | 2022-04-20 00:00:00

The securities regulator has sought explanation from 15 brokerage firms, including some leading ones, for placing sale orders at the lowest level of circuit breaker before starting the day's trading session.The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday sent...

Bangladesh agog to sign FTA with ASEAN

SYFUL ISLAM | 2022-04-20 00:00:00

Bangladesh now works vigorously to sign free-trade agreement (FTA) with ASEAN before LDC graduation to make up for loss of preferential trading facility following exit from the poor-country club.Dhaka's attention is drawn to the Southeast Asian bloc of newly industrialised...

Climate science: what everyone should know

Hasnat Abdul Hye | 2022-04-20 00:00:00

C.P Snow, the renowned British writer and physicist, lamented in his bestselling book 'The Two Cultures,'(1956) about the communication gap between the scientific community and those educated in liberal arts and felt that the gap between the two should be...

Regulator orders suspending 15 operators amid market volatility

Mohammad Mufazzal | 2022-04-19 00:00:00

The securities regulator Monday asked nine brokerages to suspend their 15 trading operators for executing their clients' sale orders sans mentioning any market price of the securities--at a time when bourses suffer volatility.In an order, officials said, the Bangladesh Securities...

Revert to Advance Trade VAT

DOULOT AKTER MALA | 2022-04-19 00:00:00

A reform panel recommends reinstating the once-discarded Advance Trade VAT (ATV) that taxes products at both ends -- production and import -- and refuses refund. Sources say if this system is re-imposed through the upcoming budget, in an avowed bid...

Covid hits Delhi Capitals

Covid hits Delhi Capitals | 2022-04-19 00:00:00

MUMBAI, Apr 18 (IANS): The 2020 Indian Premier League runners-up Delhi Capitals had to cancel their scheduled travel to Pune ahead of their match against Punjab Kings on Wednesday due to a Covid-19 scare in their camp, says a Cricbuzz...

High time to discard 'Chinese debt trap' hypocrisy

Li Jiming | 2022-04-19 00:00:00

News about economic and political unrest in Sri Lanka, Pakistan and Nepal have been burning local media for weeks. Many worry if Bangladesh will follow suit. As a matter of experience, conspiracy theory usually comes along with public panic. Unsurprisingly,...

Protecting the poor from food inflation

M Shahidul Islam and Hossain Mohammed Omar Khayum | 2022-04-18 12:00:00

After decades of relatively low inflation, food and non-food commodity prices are rising all across the world. Massive fiscal stimulus packages in advanced and developing countries, supply-chain disruptions, accumulated savings, and relatively eased monetary policies amidst the pandemic and, lately,...

Govt looks to $58b export next fiscal

REZAUL KARIM | 2022-04-18 00:00:00

The government looks up to a nearly 15-percent higher export at US$ 58 billion in the next fiscal year (FY), officials say, as exporters appear optimistic about a robust post-pandemic trade rebound.It has projected merchandise export at U$ 50.0 billion...

A man with a dream and dynamism

Abdul Bayes | 2022-04-18 00:00:00

Today is the 80th birthday of a great soul of this soil. He is none else than Mohammed Farashuddin, a former Governor of Bangladesh Bank, a famous economist and the founder-Vice-chancellor of East West University. He was born on 18...

Dealing with currency counterfeiters

Neil Ray | 2022-04-18 00:00:00

Different law-enforcement agencies have launched a drive against manufacturers of counterfeit currency notes on secret information that more than 50 of the gangs are active in circulating their illegal money. Already a few of the linchpins have been arrested during...

Highway capacity far short of enhanced port facility

DOULOT AKTER MALA | 2022-04-17 12:00:00

The capacity of connecting highways fall far short in matching with the enhanced import-export handling capacity of Bangladesh's largest seaport, exporters allege, as they routinely fail shipment schedules.Cargo-handling and-releasing capacity of the Chittagong Seaport has been increased with different initiatives...

Sukuk auction on Apr 19 to raise Tk 50b

SIDDIQUE ISLAM | 2022-04-17 00:00:00

The government is set to raise Tk 50 billion more by issuing Islamic bonds on April 19 to bankroll a rural infrastructure development project, officials say.The central bank will hold an auction to issue Istisna Sukuk bonds to eligible banks,...

Licences of five merchant banks to be cancelled soon: BSEC

Mohammad Mufazzal | 2022-04-17 00:00:00

Majority number of merchant banks failed to bring IPOs (initial public offering) in last one decade.During the period, a total of 115 companies went public raising capital through IPOs and 32 IPOs of those were solely managed by only three...

Real purpose of Zakat

Asjadul Kibria | 2022-04-17 00:00:00

The importance of Zakat in Islam is well known to all. This is the mandatory charity for solvent Muslims who have minimum amount of wealth after his or her own consumption. The core idea behind the Zakat is to share...

Neighbouring nations, blocs with trade potential get priority

SYFUL ISLAM and REZAUL KARIM | 2022-04-16 00:00:00

Next-door neighbours and blocs having trade potential, good connectivity, bilateral cooperation and strategic partnership will get priority in Bangladesh's journey towards free-trade agreements (FTAs), the government decides.A draft of the Regional Trade Agreement (RTA) policy also puts on priority list...

GP sets sights high on helping BD progress

Ismail Hossain | 2022-04-16 00:00:00

The country's largest mobile network operator, Grameenphone, has faith in Bangladesh's potential and looks forward to contributing to its long-term development, says the company's top executive. He notes that the mobile-phone firm has been a partner to Bangladesh's growth for...

Stocks extend losses as selloff continues

BABUL BARMAN | 2022-04-16 00:00:00

Stocks extended the losing streak in the outgoing week, as nervous investors continued selloffs in major sector issues amid persistent market volatility.The week featured four trading days as trading remained suspended on Thursday on the occasion of Bangla New Year....

Nostalgia for childhood simple delights Pahela Baishakh offered

Nilratan Halder | 2022-04-16 00:00:00

With each Pahela Baishakh knocking at the door, it becomes irresistible to undertake a journey down the memory lane. For one who was born in a village and had spent the early years there, the sights and sounds, the simple...

Is financial literacy needed in sustainable entrepreneurship?

Nafisa Ali | 2022-04-16 00:00:00

'Entrepreneurship' and 'Financial Literacy' are interconnected, but is financial literacy required for an entrepreneur? Is it possible to manage a business effectively and efficiently without having a basic knowledge of finance? The logical response would be that one may manage...

Exporting qualified manpower

Syed Fattahul Alim | 2022-04-16 00:00:00

A UNB report released on Tuesday, April 12 last says that homeward remittance flow from the US and other Western destinations has, of late, been showing a robust trend. This is reassuring seeing that the remittance from the traditional Middle...

Subsidy issues and the budget for FY23

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-04-16 00:00:00

The subsidy management has emerged as a challenging area from the perspective of the broader fiscal management as Bangladesh embarks on the post-Covid 19 recovery phase. Subsidy, as is known, is provided in many forms: cash loan support and fiscal...

BD to move against US court verdicts

Siddique Islam | 2022-04-14 00:00:00

Bangladesh decides to appeal against a top US court verdicts on two Philippine business entities accused of the cyber-heist of its reserves from the Fed six years ago."We've decided to go for appeal against the New York court verdict on...

Skills freshers need in their first jobs

SAMUEL MURSALIN | 2022-04-14 00:00:00

Anyone related to the job market of Bangladesh, be it job-seekers, employers, or merely followers, would notice a massive disparity in what the companies are looking for and what the candidate pool offers. That is why job-seekers complain that there...

Rehman Sobhan's 'Dawn to Darkness'

Abdul Bayes | 2022-04-14 00:00:00

Rehman Sobhan's memoir centring on the short-lived second phase of his life is now in the market (UPL, March 2022). It is the second volume in the Untranquil Recollections series. The very title speaks of some events signalling the dawn...

Making City Corporation effective

Dr Mohammad Tarikul Islam | 2022-04-14 00:00:00

Generally, urban governance involves various actors and organistions. The relationship between them determines what happens in the city. In managing urban transformation, the government (at all levels) has to play a strategic role in building partnerships with and among key...

Addressing the rises in the prices of essentials

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2022-04-14 00:00:00

As the low-income and vulnerable population groups in Bangladesh were struggling to recover from the adverse impacts of the Covid-19 pandemic, the unabated rise in the prices of essentials has put them into further misery. Over the last two years,...

It is 'now or never' for capping global warming

Hasnat Abdul Hye | 2022-04-14 00:00:00

International Panel on Climate change (IPCC), a body of climate scientists appointed by the UN to provide scientific facts and figures on climate change to government policymakers for taking necessary actions, has been producing six yearly assessment reports (AR) since...