FE Today Logo

Search results for: l


BB asks SoCBs to involve pvt lenders

SIDDIQUE ISLAM | 2022-02-11 00:00:00

The central bank advises five state-owned commercial banks (SoCBs) to involve private banks in funding a maiden gold refinery in Bangladesh in a bid to diversify any risk of investment.The suggestion was made at a meeting held at the Bangladesh...

The ill-timed DWASA proposal

Shamsul Huq Zahid | 2022-02-11 00:00:00

The Dhaka Water Supply and Sewerage Authority (DWASA) has chosen one of the worst times to propose a hike in water tariff by 20 per cent or more. Residents barring the affluent ones living in Dhaka city, as elsewhere in...

How the country's senior citizens are

Nilratan Halder | 2022-02-11 00:00:00

The news was that on February 2, film actor Riaz's father-in-law committed suicide by shooting in the head with his licensed pistol. This is how Abu Mohsin Khan, 58 years old, just two years shy of becoming a senior citizen,...

Megaprojects relieved of hard rules for resend

DOULOT AKTER MALA | 2022-02-10 00:00:00

The customs issues a fresh set of rules for a resend of machinery on temporary importation, after 38 years, to facilitate carefree implementation of megaprojects.Implementing authorities of different projects would be able to use duty-free machinery, equipment and spare parts...

Developing health outcome measures

Hasnat M Alamgir | 2022-02-10 00:00:00

It has been a challenge to ensure service quality provided by the hospitals-- both public and private in Bangladesh. One primary reason for this is the absence of an agreed and standardised set of health outcome measures that must be...

Illicit tobacco & industry interference in Bangladesh

Rumana Huque, S M Abdullah, Nahian Azad Shashi and Tahmid Hasan | 2022-02-10 00:00:00

On January 2016, Prime Minister Sheikh Hasina expressed the noble vision that Bangladesh will be a tobacco-free country by 2040. The commitment raised our hopes about interference-free policy making opportunities in the arena of tobacco control. The political commitment has...

BD for no further anti-dumping duty

REZAUL KARIM | 2022-02-09 00:00:00

Dhaka will request New Delhi not to further continue anti-dumping duty on hydrogen peroxide as it was not being exported to the Indian market at dumped prices.Hydrogen peroxide is a textile chemical produced here.Officials said Bangladesh has already pleaded with...

Yields on govt securities continue to fall

Siddique Islam | 2022-02-09 00:00:00

The yields on government securities (G-Sec) continued to fall in the recent days as the banks were showing increased interest to invest their excess funds in the risk-free instruments.Lower government borrowing from the banking system has also contributed to pushing...

Stable coins, a bigger threat to banking

Syed Abul Basher | 2022-02-09 00:00:00

While doing academic research on Bitcoin, I was struck by the "Global crypto adoption index," which measures the adoption of crypto currencies across 154 countries. What amazed me was the geographic locations of the top three countries (Vietnam at number...

DFQF to be top agenda

SYFUL ISLAM | 2022-02-08 00:00:00

Bangladesh will keep continuation of the Duty Free and Quota Free (DFQF) market-access facility even after graduation from poor countries' club on top of the agenda in the first meeting of the Joint Working Group (JWG) on Trade and Investment...

DSE frames guidelines for brokers' back office service vendors

MOHAMMAD MUFAZZAL | 2022-02-08 00:00:00

Software vendors will have to ensure uniform back-office services for stockbrokers as the Dhaka Stock Exchange (DSE) formulated guidelines for the back offices maintained by the brokers.They will also have to get enlisted with the premiere bourse to ensure security...

Will Putin choose war over Ukraine?

Syed Fattahul Alim | 2022-02-08 00:00:00

The recent build-up of Russian troops on Ukraine's border has left the Western bloc speculating what Kremlin is up to. Is it purely muscle-flexing or a rehearsal for something bigger-a full-scale invasion of Ukraine? Meanwhile, Russian activities on the Ukrainian...

NBR’s no to pharma cos’ plea for VAT rebate

Doulot Akter Mala | 2022-02-07 00:00:00

Promotional gifts of the pharmaceutical companies to doctors, chemists, druggists and others along the trade line will no more be entitled to tax benefit, worth billions.The VAT authority under the National Board of Revenue (NBR) rejected a plea of the...

Govt eyes net zero Feb bank borrowing

SIDDIQUE ISLAM | 2022-02-07 00:00:00

The government has no plan to borrow from the banking system in February mainly as there's enough in its account these days, officials say.The Ministry of Finance (MoF) has set zero net bank-borrowing target for the month, according to the...

RHD’s fresh initiative to upgrade Dhk-Ctg Highway

Munima Sultana | 2022-02-07 00:00:00

Within six years of completion of the Dhaka-Chattogram Highway, a fresh move has been taken to upgrade the country's main economic corridor to a standard regional highway for accommodating its increasing traffic.Sources said the Roads and Highways Department (RHD) has...

Tax receipts from DSE jump 51 per cent in seven months

BABUL BARMAN | 2022-02-07 00:00:00

The government revenue earnings from Dhaka Stock Exchange (DSE) jumped 51 per cent in seven months for July-January period of the current fiscal year compared to the same period last fiscal, powered by rising trading volume.The government bagged revenue worth...

Lata Mangeshkar buried in our chest

Maswood Alam Khan | 2022-02-07 00:00:00

A treasure is lost from our earthly world with Lata leaving us forever. She has left for her eternal rest in peace. Our mourning for this loss will never end; it will erupt whenever one would listen to her voice,...

Rohingya refugees abusing host's generosity

Nilratan Halder | 2022-02-07 00:00:00

Bangladesh has sheltered the Rohingya people out of humanitarian consideration but many of them are abusing the generosity extended to them. Producing false documents, they have already received birth registration, national identity cards (NID) and even passports. Had such manipulative...

Gobbling up incentives for exports

Shamsul Huq Zahid | 2022-02-07 00:00:00

Some people are always out to use their ingenuity to design schemes for embezzling taxpayers' money through fraudulent means. The cash incentive introduced to attract more remittances through the formal channels and boost export earnings is a case in point....

BD to revise double taxation treaties

DOULOT AKTER MALA | 2022-02-06 00:00:00

The tax authority of Bangladesh has taken a move to revise a number of age-old double taxation avoidance treaties with major trading partners and incorporate new protocols commensurate with the digital economy.The revised protocols of DTA agreements (DTAAs) with 13...

Second cargo ship arrives

NAZIMUDDIN SHYAMOL | 2022-02-06 00:00:00

CHATTOGRAM, Feb 05: A ship carrying huge containers arrived at Chittagong Port Saturday afternoon, around one and a half months after the last merchandise vessel from Europe took berth at the country's prime sea port.Sources at Chittagong Port Authority (CPA)...

Wage crisis hurting workers

Asjadul Kibria | 2022-02-06 00:00:00

Despite all odds, average wage has increased modestlylast year. It is reflected in the national wage rate index (WRI), the only official statistics of the country's wage situation. The index measures the movement of wages of low paid skilled and...

Dhaka air-cargo hustle eases

SYFUL ISLAM | 2022-02-05 00:00:00

The hustle and bustle of Dhaka air-cargo shipment now eases with demand for faster transport tumbling over 50 per cent as winter peak is now well over.As such, airfreight rates from Bangladesh to various destinations also fall significantly in the...

SPM may be operational at Maheshkhali this year: PD

NAZIMUDDIN SHYAMOL | 2022-02-05 00:00:00

CHATTOGRAM, Feb 02: The Single Point Mooring (SPM) which is being built at Maheshkhali upazila of Cox's Bazar district, is likely to be operational in August this year, an official said.Most of the work of the China supported $550.40 million...

When do parents give up babies in exchange for money?

Nilratan Halder | 2022-02-05 00:00:00

Can a baby be sold or bought? The simple and straight answer is 'no'. But financial and circumstantial compulsion at times proves overpowering for parent/s to part with newborns no matter if this is illegal. There are childless parents willing...

Stocks flat as investors remain hesitant

BABUL BARMAN | 2022-02-05 00:00:00

Stocks ended almost flat in the outgoing week, as cautious investors opted to book profit after some companies reported lower-than-expected quarterly earnings.The week featured five trading days as usual -- the first two days saw massive drop while the market...

Hitching your wagon to a star

Syed Fattahul Alim | 2022-02-05 00:00:00

According to the UN, the world population will increase from the present 7.5 billion to 9.7 billion by 2050. To feed this additional two billion people, the world will be required to increase food production by 60 per cent. But...

4IR and the role of library professionals

Md. Nasiruddin Mitul | 2022-02-05 00:00:00

Bangladesh is celebrating 'National Library Day' on Saturday ( February 5, 2022). This year the theme for National Library Day is 'Commitment of Golden Jubilee-- Establish Digital Library' in collaboration with the Department of Public Libraries (DPL) and Ministry of...

Policy pause on freewheeling three-wheelers

MUNIMA SULTANA | 2022-02-04 00:00:00

A government move on finalising a policy drafted to regulate freewheeling three-wheelers halted in a prolonged pause as various stakeholders gave the cold shoulder to request for their opinions.The Ministry of Road Transport and Bridges (MoRTB) drafted the policy to...

Uniform salary structure for private banks

Shamsul Huq Zahid | 2022-02-04 00:00:00

The Bangladesh Bank (BB) circular on salaries of private sector bank officials at the entry-level, issued a couple of weeks back, came all of a sudden. Both bank owners and bankers became surprised, although a salary structure for the officials...