FE Today Logo

Search results for: l


IPO funds at decade-high on recovery

Mohammad Mufazzal and Babul Barman | 2021-12-14 00:00:00

Spurred by economic-recovery hopes, initial public offerings in the outgoing calendar year will climb to a decade-high amount of Tk 12.33 billion, including premium, as moves are on to woo blue chips into bourses.Sources say last three IPOs of 2021...

Commercial agriculture with high-value export crops vital

REZAUL KARIM | 2021-12-14 00:00:00

Boosting agricultural production and productivity and farming high-value crops of export quality are seen urgent to cushion possible external shocks to Bangladesh's export trade in post-LDC-graduation era.To this end, researchers recommend for the government to take steps to make diversified...

Creatures of the void

Syed Fattahul Alim | 2021-12-14 00:00:00

'To watch over mouth and tongue is to keep out of trouble', so goes the proverb. Humans' use of the tongue increased in direct proportion to their getting civilised. The more they talked, the more they communicated with one another,...

Imports further rise on economic pickup

SIDDIQUE ISLAM | 2021-12-13 00:00:00

Bangladesh's imports increased further by volume and value both amid gradual economic pickup as well as higher import-payment obligation due to international inflation. Official count on November imports shows the rise is particularly caused by higher purchase of fuel oils...

Loopholes stand in way of pvt service providers

DOULOT AKTER MALA | 2021-12-13 00:00:00

The government has brought the privately-owned drug addiction rehabilitation centres under a policy, which is allegedly hindering the set up and operation of the centres in a few cases.Appreciating the recently-introduced policy, the owners said they were facing difficulties in...

Aspiya must not be discriminated against

Neil Ray | 2021-12-13 00:00:00

Aspiya Islam Kajol crossed all the seven stages of the recruitment process to finally emerge fifth and qualify for recruitment as a trainee constable in the police department. But still the poor and fatherless girl may not get the job...

64 cos get Dec 31, ‘22 deadline

MOHAMMAD MUFAZZAL | 2021-12-12 00:00:00

The securities regulator has asked 64 listed companies, including multinational ones, to raise their paid-up capital to Tk 300 million by December 31, 2022.The Bangladesh Securities and Exchange Commission (BSEC) sent letters to the companies having paid-up capital shortfall on...

Members show restraint over restrictions: WTO

DOULOT AKTER MALA | 2021-12-12 00:00:00

The WTO member countries have shown restraint in imposing new trade-restrictive measures related to Covid-19 and continued to rollback the restrictions adopted earlier in the pandemic.In a latest monitoring report, the World Trade Organisation (WTO) said the trade is set...

BTC tips on dealmaking for post-LDC trade

SYFUL ISLAM | 2021-12-12 00:00:00

Bangladesh ought to conduct comprehensive policy reforms for striking effective trade deals on preferential market access in the post-LDC era, a government body suggests as the country is poised for status change.The suggestion comes as Bangladesh has opted to ink...

DSE sits with 80 business groups on December 21

Mohammad Mufazzal | 2021-12-12 00:00:00

The securities regulator and Dhaka Stock Exchange (DSE) have accelerated separate moves to enhance the depth of the country's stock markets ensuring the listing of good companies including state-owned enterprises (SoEs).As part of the move, the premier bourse DSE has...

Five decades' uphill climb to growth

Asjadul Kibria | 2021-12-12 00:00:00

Bangladesh is celebrating its 50 years of independence and many events have been taking place in the month of victory, December to be precise, to mark the celebration. An important aspect of the celebration is revisiting and reviewing the economic...

MFIs striving to get back on feet

Md. Ziauddin Iqbal | 2021-12-11 12:00:00

Bangladesh's Microfinance Institutions (MFIs) demonstrated proven and outstanding capabilities in the past in dealing with natural disasters and other emergencies at the local and national levels. The global outbreak of Covid-19 and its long lasting severity in last one year...

US-funded project in action to detect bottlenecks

DOULOT AKTER MALA | 2021-12-11 00:00:00

A US-funded project undertaken to quicken Bangladesh's agro-product export and import is trying to detect bottlenecks that have been slowing trade clearance from five government agencies.Officials say exact reasons for delay in releasing agro-products from country's customs ports will be...

Stocks rally as investors shrug off worries

BABUL BARMAN | 2021-12-11 00:00:00

Stocks extended a latest rally for the second consecutive week with investors putting fresh bets on selective issues even as Tuesday's meeting between regulators on the issue of banks' investment in stocks ended inconclusively. Week on week, DSEX, the prime...

Tourist zone to change face of Patenga beach

NAZIMUDDIN SHYAMOL | 2021-12-11 00:00:00

CHATTOGRAM, Dec 10: The Patenga beach area has been declared a tourism zone. The government made an announcement in this regard last month.Following the announcement, a huge development project has been taken up to turn 7 miles (around 12 kilometres)...

When passengers have to push an aircraft off the runway

Nilratan Halder | 2021-12-11 00:00:00

For auto-rickshaws, cars, buses and trucks, it is not quite unusual to suddenly stop moving right on the middle of the road. Much as the driver may try to reignite the engine, it refuses to take command. At times it...

Rising trend of global inequity

Syed Fattahul Alim | 2021-12-11 00:00:00

The Paris-based World Inequality Lab has published the world inequality report 2022. It shows that the wealth of the world's billionaires has risen by US$4 trillion, while 100 million more people joined the ranks of the extreme poor. And the...

BB feeds $2.0b to ease forex-market crunch

SIDDIQUE ISLAM | 2021-12-10 00:00:00

The central bank continues to pump the US dollar into Bangladesh's overheating foreign-exchange market, releasing over $2.0 billion in nearly four months now, as the greenback enjoys great demand amid economic rebound. As part of the money-market-managing move, the Bangladesh...

Recasting tax exemption chart

Shamsul Huq Zahid | 2021-12-10 00:00:00

Businesses want the government to do many things aimed at helping cut the cost of their operations. Fiscal incentives, including tax exemptions, remain at the top of their wish list. Tax exemptions offered to various sectors of the economy, according...

Does Omicron threat subside to mankind's relief?

Nilratan Halder | 2021-12-10 00:00:00

Top US virology scientist Anthony Fauci's observation he made on Tuesday last that Omicron "almost certainly is not more severe than Delta" is likely to alley fear to a large extent. However, his is a cautious optimism that does not...

Trade deficit widens threefold as import far outstrips export

Siddique Islam | 2021-12-09 00:00:00

Country’s trade deficit widened nearly three times in the first four months of the current fiscal year (FY), prompting some economists to prescribe thrift on luxury buys. Officials attribute the yawning trade gap mainly to higher import-payment pressure on the...

Tax exemptions cost 2.28pc of GDP: NBR

DOULOT AKTER MALA | 2021-12-09 00:00:00

Bangladesh counts 2.28 per cent or Tk 578.78 billion in lost Gross Domestic Product (GDP) on offering tax exemptions to various sectors, an analysis finds and suggests periodical updating of the fiscal measure.It also says some 36 per cent of...

University or major: Never-ending conundrum

Anadil Maisha | 2021-12-09 00:00:00

University admission tests have always been a daunting experience for the most part. Many people spend months preparing themselves to get into their desired universities and major in a subject of their choice. However, the harsh reality is that not...

Why financing SDG 8 is crucial for development

Mohammad Nazmul Avi Hossain | 2021-12-08 12:00:00

Mobilising resources, both domestic and global, to support SDGs has been a key challenge for many developing countries since 2015. There has been a need for financing for development, as funding alone cannot suffice as the major resource to achieve...

Alesha Mart seeks Tk 3.0b bailout to resume operation

REZAUL KARIM | 2021-12-08 00:00:00

Alesha Mart, a crisis-ridden e-commerce platform, has sought a government bailout package to resume its operation and pay back the customers' money.It requested the government on Sunday last to arrange for them a loan of Tk 3.0 billion as working...

Paint industry through thick and thin

Rupali Chowdhury | 2021-12-08 00:00:00

The pandemic has impacted everyone's lives. From the individual level to the business perspective, it has taken away something from everyone in some way or other. Especially for the businesses around the world, the pandemic has thrust upon an unprecedented...

The world needs more Angela Merkels

Maswood Alam Khan | 2021-12-08 00:00:00

Angela Merkel, Germ-any's first woman chancellor is bidding adieu after serving the country for 16 years. No other democratic leader in Europe has lasted longer. And Ms. Merkel is walking out of office as the most popular politician in Germany....

Electric vehicle revolution and its future

Mohammed Salman Rahman | 2021-12-08 00:00:00

Just a few days back, Elon Musk, the co-founder of Tesla Motors, became richest man in recorded history with over USD292 billion as his net worth. The company which brought him the fabulous fortunes, Tesla, now has a market cap...

Vaccination acceleration imperative for immunising against Covid

Rabiul Islam Rabi | 2021-12-08 00:00:00

Accelerating the vaccination rollout is imperative to attain herd immunity against the Covid-19 infections and protect Bangladesh from onslaught of variegated variants of the pandemic virus. But, besides the unavailability of jabs, tackling vaccine hesitancy or people's unwillingness to take...

Financial solutions in Bangladesh: Are we future-proof?

Monsurul Aziz | 2021-12-08 00:00:00

Let's imagine two scenarios. In one of the scenarios we can imagine of a group of young people of any town of Bangladesh who are enjoying a lively chit chat in a tea-stall while in another case, we can think...