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New order of economic, social and cultural liberty

Nilratan Halder | 2021-03-26 00:00:00

For a young nation, celebration of the golden jubilee of its independence with several feathers in its cap is a mighty statement. The Banglalees have proved their worth to be euphoric on this seminal occasion. Fifty years ago, the people...

BB again extends loan repayment relaxation

Siddique Islam | 2021-03-25 00:00:00

The central bank on Wednesday extended again the policy relaxation involving loan repayments to the country's scheduled banks by their borrowers.The borrowers would get three more months' time to repay their due loan instalments on the basis of banker-customer relationship...

Failing to avail advantages BSC still trails with tiny fleet

SYFUL ISLAM | 2021-03-25 00:00:00

Despite having the flag vessel protection law at hand, the Bangladesh Shipping Corporation (BSC) has signally failed to earn a huge sum by carrying importables.According to officials and stakeholders, poor planning, weak management and failure to procure required vessels have...

Remittance up to 6.0pc allowed sans approval

DOULOT AKTER MALA | 2021-03-25 00:00:00

The Bangladesh Investment Development Authority (BIDA) has allowed repatriation of outward remittance up to 6.0 per cent of the previous year's sales value, for companies in commercial operation, without its approval to facilitate foreign investors.With this relaxed measure, time for...

Remembering Bangabandhu: The larger-than-life leader

Nafis Almas Siam | 2021-03-25 00:00:00

Leader, legend, Bangabandhu--is any attribution really enough for him? Bangabandhu Sheikh Mujibur Rahman, the epitome of patriotism, the father of the nation, is a name inseparable from the name Bangladesh. The nation remembers him solemnly on his 101th birthday, just...

Caring for the farmers

Helal Uddin Ahmed | 2021-03-25 00:00:00

Agriculture is still one of the largest sectors in Bangladesh economy. Although the rural economy recorded considerable growth in recent years, the health and wellbeing of farmers engaged in agriculture do not get adequate attention or care. Rather, it has...

Intel agency warns against price hike in Ramadan

REZAUL KARIM | 2021-03-24 00:00:00

Issuing warning against the possible price hike of essential items during the upcoming holy month of Ramadan, a state intelligence agency made some recommendations including taking stern action against unscrupulous traders and hoarders.The special intelligence report suggested that the commerce...

Sino-US trade spat aids Japan firms in BD

MUNIMA SULTANA | 2021-03-24 00:00:00

The Japanese companies operating in Bangladesh have said the changes in the global trading environment, particularly due to the souring US-China trade relations, had a positive impact on their business. A survey conducted by the Japan External Trade Organisation (JETRO)...

Now type-B industries eligible for EDF loan

SIDDIQUE ISLAM | 2021-03-23 00:00:00

The central bank has relaxed its policy, allowing banks to provide foreign currency loan under its export development fund (EDF) scheme to joint venture readymade garment industries in export processing zones (EPZs)."It has been decided that EDF loan will be...

Realtors demand cancellation of height limit proposal

Ismail Hossain | 2021-03-23 00:00:00

The country's realtors have demanded cancellation of a proposal made for the height limit on new residential buildings in Dhaka city in the detailed area plan (DAP).They think such cap would hurt their business and make the capital city exclusive...

What happened in Noagaon?

Syed Fattahul Alim | 2021-03-23 00:00:00

The vandalism perpetrated by a mob against the residents of Noagon village in Shallaupazila in the country's northeastern district of Sunamganj on March 17 has drawn widespread attention and criticism from all sections of society. The spontaneous public protests and...

Fighting climate change -

Fighting climate change | 2021-03-22 12:00:00

Bangladesh is one of the countries in the world, which is directly affected by global warming and climate change. It is affecting ecosystem functioning, agriculture and food security, infrastructure, water resources and human health. The climate victims are paying extra...

Knowing reasons behind second wave of Covid-19

Neil Ray | 2021-03-22 00:00:00

A stark contrast between the maximum surge of coronavirus infection in the winter in Europe and America as against its drop during the colder months in Bangladesh should not escape notice. Now that the warmer weather is replacing winter, Bangladesh...

BSEC's high ambition amid odds

Shamsul Huq Zahid | 2021-03-22 00:00:00

The securities regulator has set an ambitious target. It wants to rope in at least half a dozen large local companies having an aggregate annual turnover worth $2.5 billion (more than Tk 212 billion) for listing on the bourses.Incumbent chairman...

What the Texas energy crisis means for Bangladesh's energy security

Sam Reynolds | 2021-03-22 00:00:00

The energy crisis in Texas has become world news. During extreme winter weather in February, surging electricity demand collided with falling generation, forcing the state's grid operator to implement rolling blackouts. At its peak, at least 4.5 million Texans were...

Launching of BRF unlikely on Apr 1

MUNIMA SULTANA | 2021-03-21 00:00:00

The single company-system bus service on the pilot Ghatarchar-Kanchpur route in the city is unlikely to be launched on April 1 as the stakeholders concerned could not yet complete necessary preparation.Officials said the existing operators of the route have now...

BB avoids gold despite value addition

SIDDIQUE ISLAM | 2021-03-21 00:00:00

Bangladesh's investment in the form of gold has gained value by over 37 per cent to reach around US$554 million over the last 10 years.The country's central bank, for the first time on September 07, 2010, had purchased 10 tonnes...

How RTAs can improve access to medical products during crises

Chi Le Ngo, Divya Prabhakar, Mingcong Li, Seul Lee and Taisuke Ito | 2021-03-21 00:00:00

Imported goods undergo multiple inspections for verification of conformity with the destination country's standards and regulatory requirements.When standards and regulations in the destination country differ from those in the home country, a situation commonly referred to as "regulatory divergence," there...

Foreign reserve for development work

Syed Fattahul Alim | 2021-03-20 12:00:00

The main use of a country's foreign reserve is to maintain liquidity to prevent inflation and meet any emergency as well as external obligations including clearing sovereign and commercial debts such as import bills. A sound foreign reserve position also...

Western Marine Shipyard seeks working capital to survive

Syful Islam | 2021-03-20 00:00:00

Once famed by introducing Bangladesh as a shipbuilding country, the Western Marine Shipyard is now languishing from capital crunch and is looking for fund to survive, officials said.The company last week appealed to the government to provide it with working...

UK urges Bangladesh to address trade barriers

REZAUL KARIM | 2021-03-20 00:00:00

The United Kingdom has urged Bangladesh to address the existing trade barriers and other structural problems to help attract more foreign direct investments including those from British companies."Foreign direct investment brings many benefits. And for Bangladesh, it will help achieve...

Essentials get dearer ahead of Shab-e-Barat, Ramadan in Ctg

Nazimuddin Shyamol | 2021-03-20 00:00:00

CHATTOGRAM, Mar 19: Key essential items, including edible oil, sugar, redmeat, chilly and rice became costlier at both retail and wholesale levels in the port city ahead of Holy Shab-e-Barat and Ramadan.Visiting different city markets on Friday, this correspondent found...

Stocks tumble amid panic-driven sell-offs

BABUL BARMAN | 2021-03-20 00:00:00

Stocks dipped in the outgoing week as panic-driven investors dumped their holdings amid fears of fresh wave of virus due to rising trend of Covid-19 infected patients in recent days.Week-on-week, the DSEX, the benchmark index of the Dhaka Stock Exchange...

Blue economy: The Bay fishermen's story

Md Nazmus Sadekin and Md Mazadul Hoque | 2021-03-20 00:00:00

Faruk, a fisherman from Japoria village of Hatia Island under Noakhali district, travels about 300 kilometres to catch fish in the Bay of Bengal. He enjoys the call of the blue water. He forgets about all the adversities of the...

Life of vendors in time of the pandemic

Nilratan Halder | 2021-03-20 00:00:00

It was a knee-jerk reaction initially when general holiday---a misnomer of lockdown ---was announced for restriction of people's movement. The hard-pressed segments of people were at the greatest disadvantage. Some well-off people also had to seek help from law enforcement...

SDGs can guide Asia-Pacific to build back better

Armida Salsiah Alisjahbana | 2021-03-20 00:00:00

The Covid-19 crisis poses an unprecedented threat to development in the Asia-Pacific region that could reverse much of the hard-earned progress made in recent years. The good news is we know how to tackle this challenge. Recovery from the pandemic...

BIDF: Words of caution deserve attention

Shamsul Huq Zahid | 2021-03-19 00:00:00

Prime Minister Sheikh Hasina early this week inaugurated the 'Bangladesh Infrastructure Development Fund (BIDF)' that enables the government to use a part of the country's foreign exchange reserve for bankrolling development projects. The Bangladesh Bank will put in an initial...

At the confluence of a centenary and a golden jubilee

Nilratan Halder | 2021-03-19 00:00:00

A centenary and a golden jubilee -- two different occasions but how intrinsically inseparable from each other! The two meet at the confluence of history. Hardly a nation is privileged to celebrate such an extraordinary meeting point of two events...

Syrian crisis slides to back burner but sufferings persist

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-03-19 00:00:00

In March 2011 when Syria mired into civil war, Joe Biden, the then Vice President of the United States declared that "when a state engages into atrocity, it forfeits its sovereignty" and pledged unconditional support to the people targeted by...

Challenging trade partners' remedial actions

Asjadul Kibria | 2021-03-19 00:00:00

After trying for four years, Bangladesh has failed to make any progress on removal of Indian anti-dumping duties on Bangladeshi jute goods. The latest attempt also turned fruitless during the second week of this month when a commerce secretary level...