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The world can ill afford mindless food waste

Nilratan Halder | 2024-04-05 00:00:00

As long queues behind TCB (Trading Corporation of Bangladesh) tracks get longer for procurement of subsidised essentials, the disclosure, as made by the United Nations Environment Programme's (UNEP's) "Food Waste Index Report 2024", that a Bangladesh national wastes annually more...

Now that April is here

Syed Badrul Ahsan | 2024-04-05 00:00:00

April is the cruellest month, as T S Eliot put it. And then there was Robert Browning who longed to be in England in April. William Shakespeare, in his jocular way, had this to place before his readers: 'Men are...

Contractionary budget in making amid financial constraints

SYFUL ISLAM | 2024-04-04 00:00:00

Finance officials are stitching up a contractionary budget for the next fiscal year, officials said, giving top priority to taming inflation and employment generation.As the government walks tightropes to make ends meet amid both internal and global economic adversities, the...

Orsaline taxed at 98pc in BD

DOULOT AKTER MALA | 2024-04-04 00:00:00

Oral saline is taxed at above 98 per cent in Bangladesh now due to the inclusion of its prime packaging material on a high import tariff list.Local manufacturers say that changes in HS code by the customs authority have led...

Sea Pearl Beach Resort risks being defaulter if regulator rejects ICB condition

MOHAMMAD MUFAZZAL | 2024-04-04 00:00:00

Sea Pearl Beach Resort & Spa is at the risk of being labelled as defaulter if it fails to covert bonds worth Tk 1.2 billion into shares meeting the conditions put forth by the bondholder, state-run Investment Corporation of Bangladesh...

Curious trading makes Yusuf Flour most pricey stock

BABUL BARMAN | 2024-04-04 00:00:00

Yusuf Flour Mills, a little known SME stock, exceeded Tk 5,000 on the Dhaka Stock Exchange's SME platform on Wednesday, becoming the most-expensive share in the stock market. The stock more than doubled to Tk 5,183.5 per share in the...

Education: a right or a luxury?

Atiqul Kabir Tuhin | 2024-04-04 00:00:00

Article 17 of the Bangladesh Constitution stipulates that the state shall establish a uniform, mass-oriented, and universal system of education, extending free and compulsory education to all children up to a stage as determined by law. The National Education Policy...

Justice S M Murshed: in remembrance

Syed Badrul Ahsan | 2024-04-03 12:00:00

I have often asked myself why Justice S M Murshed went into a state of silence in the 1970s. And I have not yet been able to respond to that query. But why do I raise the question in the...

REIT rules to be revised to facilitate development of satellite cities

MOHAMMAD MUFAZZAL | 2024-04-03 00:00:00

The securities regulator considers some amendments to the recently approved REIT rules to pave the way for investments on development projects in "satellite cities". The rules were formulated, keeping in mind that funds will go in rental projects but now...

Are you indulging in daily life virality?

MEHENAZ SULTANA TISHA | 2024-04-03 00:00:00

Every day, you wake up to look at your screen, and there is a new drama on Facebook. Some dramas even last for two or three days. Whether it is simply another memetic catchphrase resurfacing from an old TV show...

Taxmen freezing private varsities' bank accounts to realise arrears

DOULOT AKTER MALA | 2024-04-02 00:00:00

Taxmen are freezing tax-defaulter private universities' bank accounts in a clampdown to realise long-overdue taxes that came to Tk 8.31 billion, sources said. And the drastic move launched by the National Board of Revenue (NBR) began paying off for the...

Most tickets sold out amid high demand

GULAM RABBANI | 2024-04-02 00:00:00

At least 80 per cent of domestic flight tickets of Biman Bangladesh Airlines and most private airlines have been sold out much ahead of the Eid-ul-Fitr festival.Most of the tickets for domestic flights to Jashore, Syedpur and Rajshahi from April...

Fighting hunger when food isn't scarce

Syed Fattahul Alim | 2024-04-02 00:00:00

A UN report titled, 'Global Humanitarian Overview 2024,' says hunger is not inevitable, but it is almost always manmade. And the manmade reasons for hunger according that report include armed conflict, economic shocks, climate extremes, poverty and inequality. These are...

Railway ditches Akhaura-Sylhet upgrade after China cost talks fail

MUNIMA SULTANA | 2024-04-01 00:00:00

Bangladesh Railway (BR) has finally decided to shelve a flawed project to upgrade the country's important Akhaura-Sylhet line after nearly seven years of delays in negotiations over a costly Chinese proposal.At a recent meeting, the Ministry of Railways decided to...

FBCCI seeks tax cuts on food to tame inflation, aid exports

DOULOT AKTER MALA | 2024-04-01 00:00:00

Amid inflation hovering around a double-digit level for around a year, the Federation of Bangladesh Chambers of Commerce & Industry (FBCCI) has proposed exempting all agro-based essential commodities from source tax. The country's apex chamber called for the withdrawal of...

Grameenphone seeks govt policy helping its transition to green energy

ISMAIL HOSSAIN | 2024-04-01 00:00:00

Grameenphone seeks policy support from the government so that it can sign Corporate Power Purchase Agreement (CPPA) in fulfilling its commitment to cut carbon emission by 50 per cent by 2030. The country's largest telecom operator has been taking preparation...

Reverse migration exposes economy's anaemia

Neil Ray | 2024-04-01 00:00:00

Reverse migration could be a most welcome demographic trend but unfortunately this homecoming from urban settlements is not out of choice but forced. The situation is so dire that more people are now leaving the major cities for their ancestral...

Are we prepared for looming catastrophe?

Syed Fattahul Alim | 2024-04-01 00:00:00

A report prepared by the International Centre for Climate Change and Development (ICCAD) in collaboration with the Bangladesh University of Engineering and Technology (BUET) and published this year (2024) says that Bangladesh's geography and low-lying delta topography make it particularly...

Three priorities for a smart RMG industry

Mohiuddin Rubel | 2024-04-01 00:00:00

Bangladesh's Ready-Made Garment (RMG) industry stands as a cornerstone of the nation's economy, driving growth and employment while commanding a significant presence in the global fashion market. However, the industry faces pressing challenges in an era of rapid technological advancement...

Scope for youth employment in BD

Tasnimul Islam | 2024-03-31 12:00:00

Green entrepreneurship, which focuses on sustainable and environment- friendly business practices, has the potential to create numerous job opportunities in Bangladesh. This is particularly relevant for the youth who are the future of the nation. This article will focus a...

The trend and negative effects of backbiting among youths

Asma-ul-husna | 2024-03-31 00:00:00

Nothing destroys relationships among a group of people like backbiting. It affects friendships, creates misunderstandings, and destroys the foundation of respect for one another. Understandably, it has a significant impact in a sensitive environment such as academia or work-place. Starting...

Margin loans: The tale that has not been told

Mohammad Mufazzal | 2024-03-31 00:00:00

General investors and the country's capital market repeatedly become victims of accumulated burden of margin loans disbursed to big investors. The recent rapid market erosion is the latest such event that befell them.The regulatory bodies have always claimed that they...

It is time to exercise consumer power

Hasnat Abdul Hye | 2024-03-31 00:00:00

In market economy consumer is sovereign, according to text book of Economics 101. Consumers convey their needs through their purchasing power transforming them in to ‘effective demand’. Market is to respond and comply with this particular demand. The fact that...

Plight of the urban poor

Atiqul Kabir Tuhin | 2024-03-31 00:00:00

Certain statistics are disconcerting, especially those that portray a grim picture of the country's socio-economic reality. Urban poverty in Bangladesh has increased significantly over the last five years due to the rising cost of basic needs. A study jointly conducted...

Optimising Zakat mobilisation

Asjadul Kibria | 2024-03-31 00:00:00

Being one of the five pillars of Islam, it is critical to mobilise Zakat properly so that the ultimate objective of obligatory charity can be achieved. And the objective is to reduce poverty in society by a balanced distribution of...

Rush for green power plants amid fuel crisis

SYFUL ISLAM | 2024-03-30 00:00:00

A rush for approving renewable energy-based power plants is evident as 350-megawatt projects have already been given the go-ahead in last three months, auguring well for green transition.Moreover, some 506MW green power projects have been in the queue for tariff...

State miner pushes local granite use as record output swells stockpiles

GULAM RABBANI | 2024-03-30 00:00:00

Almost half of the quarries of Maddhapara Granite Mining Company Limited, the country's lone granite stone producer, remained unsold in the last fiscal year, despite achieving its highest production in five years. This has resulted in a large stockpile of...

A tapestry of life as was in late 20th century

Shahidul Islam | 2024-03-30 00:00:00

This is a memoir of the author's life covering the later part of twentieth century as he grew up, from being a student to engagement in business in various roles from executive to consultant to retirement as Professor at the...

Eid shopping in the perspective of economic recession

Nilratan Halder | 2024-03-30 00:00:00

If Ramadan is a time for self-abnegation or asceticism, it is also an occasion for sharing and caring. Unfortunately, self-control and self-denial are not matched by the reaching out to others in need. Yet, the fact remains that this period...

Mind the gap: financing fashion industry's transition

Matin Saad Abdullah | 2024-03-30 00:00:00

Last year's COP marked a significant milestone for the global community. For the first time, all countries acknowledged the need to move away from fossil fuels to meet the goals laid out in the Paris Agreement. Considering the politics surrounding...