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Asia-Pacific backs multilateral trade system

Yann Duval, Witada Anukoonwattaka, and Mia Mikic | 2021-10-07 00:00:00

The world's topmost decision-making body on trade will meet in Geneva on 30 November, having only four days at the World Trade Organization (WTO) 12th Ministerial Conference (MC12) to deliver a package of declarations and decisions to convince the world...

Onion gets pricier in port city

NAZIMUDDIN SHYAMOL | 2021-10-06 12:00:00

CHATTOGRAM, Oct 05: Onion prices continue to be on the uptrend in the port city even as the local market saw an apparent a stable supply in the last one week.At the retail level, onion was selling at Tk 60-62...

Improving teaching of legal practice skills

Mohammad Towhidul Islam | 2021-10-06 00:00:00

Law is one of the most sought-after subjects in universities. By studying law, one can become a lawyer, law-trained and above all a good citizen rich in legal knowledge. In addition to many other things that can be done by...

Momentum & base effect of CPI inflation in Bangladesh

Nasrin Akther Lubna, Md. Salim Al Mamun, Md Yousuf and Md Ezazul Islam | 2021-10-06 00:00:00

Inflation measurement has two key dimensions which include economic and statistical factors. Economic factors arising from price movement of different commodities of CPI basket can be ascribed as momentum. On the other hand, the statistical factors are stemmed from the...

Tax revenue up as economy rebounds

DOULOT AKTER MALA | 2021-10-05 12:00:00

Tax-revenue collection in Bangladesh marks an upturn amid economic rebound, both globally and locally, following reopening from corona lockdowns.Transitional period in economy after the anti-Covid lockdowns has helped the tax authority hammer in a 14.55-per cent growth in the first...

Truck service saves BRTC millions

MUNIMA SULTANA | 2021-10-05 00:00:00

The loss-incurring Bangladesh Road Transport Corporation (BRTC) is turning profit-making with its new truck service, saving nearly Tk 157-million in surplus earnings in the first eight months of this year.The BRTC imported 500 trucks from India for cross-country goods transportation...

Can the new law curb bad loans?

M M Khalekuzzaman | 2021-10-05 00:00:00

All the hard earned progress is now at risk due to loan management failure. Improper lending, dismal foreclosure law to recover the bad loans can increase nonperforming loans. Coherent strategies backed by legal instruments offer a way forward for economic...

Silencing Rohingya voice?

Syed Fattahul Alim | 2021-10-05 00:00:00

Rohingya leader Mohib Ullah's killing in the evening of September 29 by unidentified assailants has drawn international condemnations. In fact, except the Rohingyas living in different camps in Ukhia and Teknaf in Cox's Bazar, few in Bangladesh was aware of...

Low investment, skill gap cost BD’s entry in big way

SYFUL ISLAM | 2021-10-04 00:00:00

Bangladesh's apparel industry could not grab its share up to the potential in a multibillion-dollar global technical textiles trade for a lack of awareness of market requirements and adequate technical expertise.A German agency in a study revealed such missed opportunity...

Weather (04-10-2021)

Rain likely today | 2021-10-04 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind are likely to occur at many places over Rangpur, Rajshahi, Mymensingh and Sylhet divisions until 6:00 pm today (Monday), according to Met office.Day and night temperature may fall slightly over...

What makes Iran's bomb any worse than Israel's?

Yossi Klein | 2021-10-04 00:00:00

About two weeks ago, Haaretz reported that the Iranian nuclear bomb is almost here; the missiles are already in the air. But nothing happened. The supermarket didn't run out of toilet paper or long-life milk supplies. That's surprising. What happened...

Encouraging developments in livestock

Neil Ray | 2021-10-04 00:00:00

Research and innovation have been very limited in most areas of life in this country. But agriculture, particularly in rice research and development of varieties along with fruit tree improvement by the Germplasm Centre of the Bangladesh Agricultural University (BAU),...

The long wait for the vaccine

Shamsul Huq Zahid | 2021-10-04 00:00:00

Both Covid-19 infections and fatalities are now at their lows. The rate of infection after reaching the record high has now come down to below 4.0 per cent. Life has become almost normal after months. Educational institutions are coming to...

October . . . history through its falling leaves

Syed Badrul Ahsan | 2021-10-04 00:00:00

History is a chronicle of human affairs as conducted through the seasons. It is a tale of human experience, with all its attendant successes and failures, in the twelve months of the year. There are the times we celebrate in...

Feasibility study to be mandatory

FHM HUMAYAN KABIR AND REZAUL KARIM | 2021-10-03 00:00:00

The government is set to make some changes to project formulation-and approval process that will involve the disbanding of two committees associated with the execution of projects, officials said Saturday.A changed provision will make feasibility study mandatory for all projects...

No cash bait for hair exporters

REZAUL KARIM | 2021-10-03 00:00:00

A state agency is not in favour of giving cash incentive to the exporters of natural human hair as export growth of this non-traditional item is in a positive trend.The Bangladesh Trade and Tariff Commission (BTTC) has made this recommendation...

Crypto boom poses new challenges to financial stability

Dimitris Drakopoulos, Fabio Natalucci, and Evan Papageorgiou | 2021-10-03 00:00:00

Crypto assets offer a new world of opportunities: Quick and easy payments. Innovative financial services. Inclusive access to previously "unbanked" parts of the world. All are made possible by the crypto ecosystem.But along with the opportunities come challenges and risks....

'Doing business index' reporting questioned

Asjadul Kibria | 2021-10-03 00:00:00

The head of the International Monetary Fund (IMF) is now under fire for her alleged role in manipulating some data during her tenure in the World Bank as chief executive officer. She has been criticised for putting pressure on the...

Stocks stay afloat to scale new peaks

BABUL BARMAN | 2021-10-02 00:00:00

Stocks extended a winning streak in the outgoing week to scale fresh peaks, with investors renewing their appetite for shares in the cement, power and financial-institution sectors.Week on week, the key DSEX index of the Dhaka Stock Exchange (DSE) climbed...

Is int'l community lacking wisdom?

M. Salimullah | 2021-10-02 00:00:00

Universal citizens and readers, especially those interested in current global affairs, often come across the words like UN, especially Security Council, OIC, EU, NATO, NGOs alongside other national, regional and global agencies working on development and peace. Since values, wisdom...

5G is arriving, and not a moment too soon for enterprises

Garrett Ilg | 2021-10-02 00:00:00

Much has been made about the potential of 5G wireless networking to dazzle consumers with virtual-reality gaming, diorama sports streaming, hologram calling, and a host of other slick services that require 5G's ultra-high capacity and minimal latency. Such consumer services...

Mindless stone-throwing at moving trains: But why?

Nilratan Halder | 2021-10-02 00:00:00

In the year 2013, a newlywed couple was travelling from Chattogram on a train to Dhaka. On the way at Bhatiari under Sitakund upazila a stone thrown at the moving train hit the woman, an engineer, on her head, to...

Shawkats continue to suffer

Syed Fattahul Alim | 2021-10-02 00:00:00

Shawkat Ali set his motorbike on fire. It burned under his watchful eyes and he did not allow any of the onlookers to douse the fire. Thus, the source of his earning was gone. Obviously, Shawkat, the driver of a...

Rationalise import tariff to WTO-set rates

SYFUL ISLAM | 2021-10-01 00:00:00

Trimming Bangladesh's tariff rates to suit the WTO-set levels is suggested by an official panel before the country's graduation to a developing nation that will subject it to competitive trading regime.Officials said the suggestion came from a study group which...

Draft of national plan of action in its final stage

MUNIMA SULTANA | 2021-10-01 00:00:00

The draft of national plan of action (NPA) to eliminate all forms of child labour within next five years is in its final stage.However, the country is set to miss its target to eliminate worst forms of child labour within...

Covid antibody test: Why is the delay?

Shamsul Huq Zahid | 2021-10-01 00:00:00

Medical researchers are certain that antibodies triggered in humans by the deadly SARS-CoV-2 virus infection or vaccines start waning after a few months. But they, until now, do not have a clear idea about the whole waning process. The waning...

Lip services to rivers despite their recognition as living entities

Nilratan Halder | 2021-10-01 00:00:00

The World Rivers Day, observed annually on the fourth Sunday of September, in fact puts emphasis on maintaining healthy thriving waterways. This year the day was on 26th September. The day should not be confused with another day earmarked for...

Another tax waiver for sukuk

DOULOT AKTER MALA | 2021-09-30 00:00:00

Another fiscal incentive on sukuk is ready to make its transaction cheaper and popular on the alternative bond market that plays by Islamic law book on financial matters.Officials say the latest tax waiver is packaged with the aim of making...

Aug imports surge as economy rebounds

SIDDIQUE ISLAM | 2021-09-30 00:00:00

Bangladesh sees an import surge as apparel exporters made big purchases of textile products as capital goods from the international market to meet buyers' enhanced requirements after the reopening of economies in the western world.A rising trend in fuel-oil prices...

Footprint of Japanese cos in BD steady

MUNIMA SULTANA | 2021-09-30 00:00:00

The interest of Japanese companies and joint ventures in Bangladesh has grown steadily in the past one decade with their increased footprint.The Japan Bangladesh Chamber of Commerce and Industry (JBCCI) and the Japanese Commerce and Industry Association in Dhaka (JCIAD)...