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Localised agro-based SMEs: Challenges and way forward

Mahbubul Mokaddem Akash | 2021-12-08 00:00:00

As the Covid-19 pandemic persists, all sectors of the economy are facing massive pitfalls, which include the nascent agro-based SMEs of Bangladesh. Operating in 400 or more clusters, the agro-based small and medium enterprises have been primarily suffering from a...

Income distribution and welfare: The elephant in the room

M A Taslim | 2021-12-08 00:00:00

Some of the findings of the 'Preliminary Report on Household Income and Expenditure Survey 2016' released by Bangladesh Bureau of Statistics toward the end of 2017 raised many eyebrows for good reasons. The earlier survey was conducted in 2010, i.e....

Deep-sea port to improve maritime connectivity, trade capacity in BD

Our Special Correspondent | 2021-12-08 00:00:00

Work on the dream-project Deep-sea Port in the Bay of Bengal at Matarbari in Cox's Bazar is going on in full swing now. After the pandemic of corona, the construction work is continuing without break now. As a result, the...

Bangladesh's prime port and its significance

Our Special Correspondent | 2021-12-08 00:00:00

The Chittagong Port Authority (CPA) marks 134 years of founding of the port-management body in the current year, on a chequered canvas of the port's emergence and attaining prominence in global ratings. Chittagong Sea port, one of the oldest natural...

Grievances of businesses need to be heard

Alihussain Akberali | 2021-12-08 00:00:00

Financial Express (FE): What is the present state of the steel sector in Bangladesh?Alihussain Akberali (AA): Bangladesh's steel sector is booming with a lot of development work taking place in the country. Large projects have been undertaken by the government...

Chattogram: History and progress into a hub

Nazimuddin Shyamol | 2021-12-08 00:00:00

Between the deep sea and ranges of hills stands Chattogram, with a chequered history. The history of Chattogram dates back to ancient times of prehistoric era. Although its political status in prehistoric times is rather sketchy, the 'Periplus of the...

Quests for a new economic model

Felix Martin | 2021-12-08 00:00:00

The question of whether economics needs reform never seems to go away. The reason is simple. It is that the ultimate subject matter of economics is of intense, universal interest: nothing more nor less than how human society really works...

Woman entrepreneurship in rural Bangladesh: A long road ahead

Babui Salsabil | 2021-12-08 00:00:00

Across the globe, there are an estimated 252 million women entrepreneurs, while another 153 million run well-established firms. Over the last 20 years, the number of female entrepreneurs has climbed by 114 per cent. And yet, despite their growing number...

Govt’s bank borrowing surges

Siddique Islam | 2021-12-07 12:00:00

Government bank borrowing sees a sudden surge amid bid for turning its accounts position positive from the negative as fund deficit doubled in a day, officials said.Deficit amount in the government accounts stood at around Tk 45 billion as on...

Tax receipts from DSE fall further in November

BABUL BARMAN | 2021-12-07 00:00:00

The government's revenue collection from Dhaka Stock Exchange (DSE) fell further by 16 per cent in November compared to a month earlier as trading volume on the decline.The government bagged revenue worth Tk 342 million in November as against Tk...

Where's Omicron from?

Syed Fattahul Alim | 2021-12-07 00:00:00

The World Health Organisation (WHO) on November 26 designated the new variant of the SARS-CoV-2, B.1.1.529 as Omicron. Emergence of this yet another Variant of Concern (VOC) was reported from South Africa. The global attention is now focused on Omicron,...

Little effect as Jakarta slaps duty on apparel imports

SYFUL ISLAM | 2021-12-06 00:00:00

Indonesia has slapped safeguard duty, ranging between US$1.33 and $4.34 per piece, on its import of almost all apparel items from Bangladesh and other countries to protect the interests of its local industry, officials said.The apparel products put under the...

Tk 100b govt Sukuk bonds forthcoming

SIDDIQUE ISLAM | 2021-12-06 00:00:00

The government is going to issue shortly a couple of Shariah-compliant bonds, generally known as Sukuk, worth some Tk 50 billion each to finance public-sector development projects.Officials say these bonds are designed primarily as part of its effort to implement...

Dhaka Elevated Expressway construction eludes timeline

MUNIMA SULTANA | 2021-12-06 00:00:00

Dhaka Elevated Expressway (DEE) construction still eludes desired pace to keep the three-and-a-half-year timeline as per the project's public-private partnership (PPP) modality, sources said. For the delay, they added, the tenure of the deal on toll collection under the project...

InterContinental Dhaka incurs losses for three years

Mohammad Mufazzal | 2021-12-06 00:00:00

The net loss of Bangladesh Services is ballooning.The company which provides hospitality services and pioneered the establishment of country's first luxury hotel InterContinental Dhaka incurred losses in last three years.Besides, the company's liabilities also crossed current assets during the years.Bangladesh...

Dinner in the sky of Cox's Bazar

Neil Ray | 2021-12-06 00:00:00

The country gets its first sky dining restaurant called Fly Dining appropriately at its most sought-after beach resort Cox's Bazar boasting the world's longest ever sea beach. At 160-feet high, the dining facility arranged on a platform hung from crane...

Regulatory row over banks' exposure

Shamsul Huq Zahid | 2021-12-06 00:00:00

It is quite difficult to ignore some interesting developments on the capital market front. Instead of depending on the inherent strength of the listed stocks, the market, it seems, relies more on the relations between two key regulatory bodies---the Bangladesh...

BD to introduce tool to assess risks beforehand

DOULOT AKTER MALA | 2021-12-05 00:00:00

Being one of the most climate-vulnerable countries in the world, Bangladesh is going to make compliance with a disaster verification tool mandatory for assessing risks of the development projects across the country, officials said.It is expected to help check wastage...

In remembrance of Huseyn Shaheed Suhrawardy

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-12-05 00:00:00

December 5 marks the death anniversary of Huseyn Shaheed Suhrawardy. He is not well known to the present generation. Suhrawardy was a great leader, a rare statesman of his generation in the region who enjoyed profound popularity. He was the...

Sticking to the tax day

Asjadul Kibria | 2021-12-05 00:00:00

The extension of the deadline for submitting income tax returns by one month is not surprising. Following the previous trend, the National Board of Revenue (NBR) made the official announcement of the one-month extension of the deadline in the evening...

BD looks to skirt labour issues

SYFUL ISLAM | 2021-12-04 00:00:00

Bangladesh does not want inclusion of labour issues in any trade deal, contrary to the richer nations' view on the same, officials said.In a recent preparatory meeting on the just-postponed ministerial conference of the World Trade Organisation (WTO), officials of...

Asian elephants face extinction in BD

Nazimuddin Shyamol | 2021-12-04 00:00:00

CHATTOGRAM, Dec 03: Asian elephants are facing the risk of extinction as vast areas of forest are being cleared day by day in Bangladesh. A total of 22 elephants were killed in Greater Chattogram in 2020 while 11 in 2019....

Stocks rebound as market sentiment improves

BABUL BARMAN | 2021-12-04 00:00:00

Stocks bounced back in the outgoing week, snapping the previous week's big fall, as buoyant investors renewed their appetite for lucrative shares amid positive expectations as the finance ministry has stepped in to resolve a row between the central bank...

Supporting mkts for poor's nutrient-dense foods

Bhavani Shankar and Mohammad Jahangir Alam | 2021-12-04 00:00:00

A diverse diet is the key to good nutrition. In South Asia, however, diets have been traditionally cereal-heavy - in Bangladesh, about 70 per cent of daily energy intake per person comes from cereals. Our diets need to be diversified...

Transformation of winter with climate change

Nilratan Halder | 2021-12-04 00:00:00

The mercury has dipped but not by much. This is the beginning of December and the third week of Agrahayan on the Bangla calendar. Gone are the days when farmers carried huge bundles of freshly harvested Aman paddy on their...

New frontier of technology

Syed Fattahul Alim | 2021-12-04 00:00:00

Scientists at long last have been able to develop a biological machine that can not only self-replicate, but also 'give birth to' babies! The feat has been achieved by scientists at the University of Vermont, Tufts University and the Harvard...

Female education in improving healthcare indicators of Bangladesh: an econometric evidence

Tahmina Sultana and Faroque Ahmed | 2021-12-04 00:00:00

Bangladesh has made significant improvements in the health of women and children and has achieved its Millennium Development Goal (MDG) 4 (to reduce child mortality) and is on track to MDG 5a (to reduce maternal mortality). In 2010, the United...

Dhaka-centric dev, population overload cause 6.0pc GDP loss

MUNIMA SULTANA | 2021-12-03 00:00:00

Highly Dhaka city-concentrated development and population share cast adverse impact on Bangladesh's gross domestic product (GDP), reducing its growth by 6.0 per cent or more, according to findings revealed Thursday at a BIDS conference. Such Dhaka-centric growth also lowers growth...

Rethinking economics

Abdul Bayes | 2021-12-03 00:00:00

At universities, more in colleges, economics students stare out at their teachers with wonder; outside the class they find little relevance of their theoretical learning with the ground reality. This kind of allegation loomed large on the horizon of economics...

Booster doses for elderly people

Shamsul Huq Zahid | 2021-12-03 00:00:00

It is heartening to note that the government is actively considering inoculating the elderly people with booster Covid-19 vaccine doses. Health Minister Mr Zahid Maleque on Tuesday last disclosed this to the newsmen when a large segment of the country's...