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Bangabandhu the statesman

Syed Badrul Ahsan | 2020-03-17 00:00:00

There was a remarkable statesman in Bangabandhu Sheikh Mujibur Rahman. An early instance of it came in January 1972 as he addressed the world's media in London only hours after his arrival from incarceration in Pakistan. He bore no ill...

Bangabandhu's dream of Sonar Bangla anchored in 1972-1975

Syed Manzoorul Islam | 2020-03-17 00:00:00

Bangabandhu Sheikh Mujibur Rahman returned home from Pakistani captivity on 10 January 1972. He was received at Dhaka airport by a huge crowd which included a large number of his political co-travellers and colleagues. From the airport he was driven...

Traffic gridlock a bane for commuters

Sarwar Md. Saifullah Khaled | 2020-03-17 00:00:00

In Dhaka city nowadays, traffic congestion has become a common phenomenon. Everyday traffic snarls are spoiling 5.0 million working hours, reveals a report run by a national daily. And that causes an estimated annual loss of Tk 370.0 billion.The problem...

World leaders must act quickly and resolutely

Haider A. Khan in Denver, Colorado, USA | 2020-03-17 00:00:00

The panic resulting from the events starting with the deaths in Wuhan keeps spreading globally faster than the spreading of the virus itself. Quite apart from the immediate health dangers, now a new economic danger looms large globally. We are...

ERD seeks project proposals to get fund from WB

SYFUL ISLAM | 2020-03-16 12:00:00

The Economic Relations Division (ERD) has requested the health ministry to immediately send project proposals to get fund launched by the World Bank to prevent coronavirus (COVID-19).On March 03, the World Bank announced an immediate support of up to US$12...

Merchant bankers for fast creation of special funds

SIDDIQUE ISLAM | 2020-03-16 00:00:00

Top merchant bankers have urged the central bank to take effective measures to implement its policy regarding the creation of special funds for revival of the ailing capital market. At a meeting with the Bangladesh Bank (BB) on Sunday, they...

Masquerading against coronavirus

Neil Ray | 2020-03-16 00:00:00

As the controversy over effectiveness of mask in protecting a wearer from coronavirus contamination is yet to be over, the handy face protector has turned out to be most sought-after of late. The more conscious segment of society started wearing...

COVID-19: Is DGHS prepared adequately?

Shamsul Huq Zahid | 2020-03-16 00:00:00

The havoc that the coronavirus has been wreaking worldwide for the last two to three months needs no elaboration. Even the mightiest nation, both financially and militarily, appears to be deeply frightened. Its president who other day dismissed the Covid-19,...

Coronavirus: Fear contagion, legislative responses

Abdullah A Dewan from Michigan, USA | 2020-03-16 00:00:00

Many countries, including Bangladesh that are yet to combat a large-scale invasion of the invisible army of deadly virus may learn a few things from South Korea, Italy, and lagging US responses. Both South Korea and Italy have a similar...

BTRC's no as row over VAT collection festers

DOULOT AKTER MALA | 2020-03-15 00:00:00

Bangladesh Telecommunication Regulatory Commission, or BTRC, has decided not to collect VAT from the network operators, exposing the row with the tax authority.According to the decision taken by the Posts and Telecommunication Division, the commission would collect only its own...

Land ministry to provide digital services at doorstep

TALHA BIN HABIB | 2020-03-15 00:00:00

The Ministry of Land (MoL) has taken a set of measures to increase revenue and provide digital services at the doorstep of the people, an official said. The ministry at a meeting in last month decided to provide a transparent...

Steady earnings growth of DBH

Babul Barman | 2020-03-15 00:00:00

Delta Brac Housing Finance Corporation (DBH) has reported profit after tax of Tk 1,077 million in 2019, rising 2.78 per cent over the previous year. With Tk 44.30 billion housing loan portfolio, DBH is the largest and specialist housing finance...

Donald Trump's global recession

Anders Åslund in Washington, DC | 2020-03-15 00:00:00

On Monday, February 24, with stock markets close to all-time highs, the world was suddenly thrown into a financial crisis as a result of the COVID-19 pandemic. And ever since, international leaders have been making the worst of a bad...

Home rings alarm bell over possible trouble in RMG

REZAUL KARIM | 2020-03-14 00:00:00

The Ministry of Home Affairs has sounded the alarm over instability that might be triggered in the country's highest foreign exchange-earning apparel sector due to coronavirus pandemic, officials said.The sector might also face a disastrous situation very soon if the...

BD plans to close PTAs with three Asian nations by June

SYFUL ISLAM | 2020-03-14 00:00:00

Bangladesh plans to conclude three preferential trade agreements, or PTAs, by this June unless the coronavirus-related issue causes any delay, officials say.The talks with Nepal, Bhutan, and Indonesia on the deals are almost at the final stage, they said.Bangladesh opted...

Coronavirus scare wreaks havoc on stocks

Babul Barman | 2020-03-14 00:00:00

Stocks kept tumbling for three straight weeks amid growing tension over the impacts of coronavirus outbreak across the world.Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), plummeted 254 points or 5.81 per cent to settle the week...

Development Framework: Three tales of a city

Mohammad Rafiqul Islam Taukdar | 2020-03-14 00:00:00

Development framework as well as the approach that gets set by considering the essence and circumstances of hi-tech, highway and the rich people only, seems to be meaningless. It is very important that the common people have a stake in...

Bangabandhu: A political entrepreneur

Muhammad Mahboob Ali | 2020-03-14 00:00:00

Bangabandhu Sheikh Mujibur Rahman is the Father of the Nation of Bangladesh, a successful political entrepreneur. Mujib was considered as a political entrepreneur as he developed new thoughts, methods, creativities, gestures, yields and services to improve the lifestyle of the...

The DFS ecosystem in Bangladesh

Akhand Tiwari and Jakirul Islam | 2020-03-14 00:00:00

The digital financial services (DFS) landscape of Bangladesh evolved multifold in 2019. This can be traced to the efforts of the government, the banking regulator, and policymakers in Bangladesh. As of December, 2019, the country had 971,000 MFS agents who,...

Bangladesh blessed with Nature's favour

Nilratan Halder | 2020-03-14 00:00:00

At a time when many parts of this planet have been smarting under extreme or unusual weather patterns or disastrous phenomena, Bangladesh has been blessed so far with a favourable weather. Apart from a cyclone named Bulbul that ravaged some...

Combating trade-based money laundering

Mazharul Islam | 2020-03-14 00:00:00

With the development of technology and diverse trading practices, criminals these days are in a position to change their strategy off and on to divert attention of law enforcement agencies to launder money abroad. Tapid expansion of global trade has...

ECB has to show virus-fighting mettle

Tom Barfield | 2020-03-14 00:00:00

The European Central Bank is under pressure Thursday to show it too has the firepower to respond to the coronavirus crisis and shore up the eurozone economy after other major central banks have already leapt into the breach.With markets plunging,...

Reducing income inequality

Abdul Bayes | 2020-03-14 00:00:00

Apparently, Bangladesh is going to grapple with rising gini ratio of income inequality. Reportedly the ratio rose from 0.35 in the 1970s to 0.45 in recent periods. All our celebrations of success conceal the hard reality that poverty-stricken Kuril slum...

US and France significantly increase arms exports

Ida Karlsson in Stockholm, Sweden | 2020-03-14 00:00:00

There has been a significant increase in arms exports from the United States and France, according to a new report. The flow of arms to the Middle East has increased, with Saudi Arabia being the world's largest importer.More than a...

COVID-19 by the numbers

Anatole Kaletsky in London | 2020-03-14 00:00:00

One death is a tragedy; a million deaths is a statistic. Whether or not Stalin actually said this, it is a cruelly accurate description of economic reality. The global panic about the new coronavirus, COVID-19, is understandable, because every premature...

Now BR to build Dhirasram ICD with govt funds

MUNIMA SULTANA | 2020-03-13 00:00:00

Bangladesh Railway (BR) has decided to construct Dhirasram Inland Container Depot (ICD) with government funds, dropping the idea to build it under public-private partnership (PPP) arrangements.BR took the decision as it did not find any suitable private investor, sources said.The...

Yet one more player in non-bank FI sector

Siddique Islam | 2020-03-13 00:00:00

Bangladesh Bank gave its final approval to one more non-banking financial institution on Thursday in a decision that raised eyebrows among analysts. The central bank asked Strategic Finance and Investments Limited to bring in major portion of its equity and...

Making marketing interesting

Asjadul Kibria | 2020-03-13 00:00:00

Marketing is a tricky as well as puzzling subject to study. It refers to all activities a firm or company does to promote and sell products or services to consumers. Four Ps (product, price, place, and promotion), also known as...

Paddy procurement: Intention and outcome

Shamsul Huq Zahid | 2020-03-13 00:00:00

The Ministry of Food has achieved something remarkable---it has procured 0.627 million tonnes of Aman paddy this year. The quantity is the highest in nearly two and a half decades. The ministry has also surpassed the target of procuring 0.6...

SMEs can address many of the economic ills

Nilratan Halder | 2020-03-13 00:00:00

With the conclusion of the nine-day 8th National SME Product Fair yesterday at the Bangabandhu Conference Centre, the sector has made a bold statement of the role it plays in the socio-economic development of the country. Of the total 296...