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Square Pharma, Renata top net profit chart

Mohammad Mufazzal | 2019-12-15 12:00:00

The listed top pharmaceutical companies have continued their upward trend in generating profits amid increased demand of drugs due to growing illnesses among teeming millions caused by various diseases, experts said. They said the sector saw 10-11 per cent growth...

No headway in Ashulia expressway in two yrs

MUNIMA SULTANA | 2019-12-15 00:00:00

The long-awaited Dhaka-Ashulia elevated expressway is yet to make any headway more than two years after the project was approved and a contract signed for unavailability of a Chinese loan.The Bangladesh Bridge Authority (BBA), the implementer of the Tk 169-billion...

Online VAT project fated to miss its Dec ’20 deadline

DOULOT AKTER MALA | 2019-12-15 00:00:00

A Vietnamese firm that has been assigned to automate the VAT administration is set to miss the deadline because of its incapacity and the required back-up administrative reform.About Tk 2.76 billion or 40 per cent of the fund of the...

One Belt One Road: Integrating economies on a broad range

Muhammad Abdul Mazid | 2019-12-15 00:00:00

An effective method to enhance regional cooperation in the region could be the creation of regional fund or regional bank to finance aid projects, crisis prevention and also to provide finance to the private sector. South Asia could take lessons...

Security dimension of climate threat to Bangladesh

Abdullah Ar Rafee and Ahmed Mostafa | 2019-12-15 00:00:00

"Climate Change is humanity's greatest threat in thousands of years….which could lead to the collapse of our civilisations and the extinction of much of the natural world," said famous naturalist Sir David Attenborough one year ago. Global temperatures have risen...

Weekly stock market review

Babul Barman | 2019-12-14 12:00:00

Stocks witnessed a big jolt in the outgoing week due to dearth of quality stocks and liquidity crunch.All indices plunged more than 3.0 per cent in the week, as worried investors dumped their holdings amid growing panic.Week-on-week, DSEX, the prime...

Govt body to oversee relocation of riverside religious structures

TALHA BIN HABIB | 2019-12-14 00:00:00

The government has decided to form a committee to oversee the relocation process of the riverside religious structures to speed up the ongoing beautification work on the banks of the rivers surrounding the capital, an official said.The decision was taken...

Jhut export on the rise, recycled yarn producers feel the pinch

ISMAIL HOSSAIN | 2019-12-14 00:00:00

Increasing export of jhut or leftover scraps of fabric, a by-product of ready-made garment (RMG) sector has hit the local recycled yarn producers. Earlier, there was a big local market for recycled yarns as factories producing gamcha (towel), lungi, quilt...

Sultana’s Dream

Hussain Ahmed Liton | 2019-12-14 00:00:00

Before the emergence of the feminist movement in the then British colonial Indian socio-cultural ambience, a woman appeared with a lamp for women’s emancipation who is nobody but Begum Rokeya Sakhawat Hossain (1880-1932) who hailed from an aristocratic Muslim family...

A CLOSE LOOK

Nilratan Halder | 2019-12-14 00:00:00

An artwork is so because the sense of aesthetics that goes into its making transcends beyond the creation to take its viewers into its sway. Well, the spell may not work on the uninitiated but art connoisseurs find the message,...

The role and functions of a central bank: A quick peek into history

Mirza Azizul Islam | 2019-12-14 00:00:00

A Central Bank is the term often used to describe the authority responsible for policies that affect a country's supply of money and credit. It has become a symbol of a country's sovereignty in the arena of money and finance....

OPINION

Asjadul Kibria | 2019-12-14 00:00:00

Maintenance of manners has been declining, if not vanishing. It is not an overstatement. A close look into society and people will help verify the statement. Unfortunately, there is a growing trend of contradicting any proposition or statement without taking...

Whither syndicate in rice market

Abdul Bayes | 2019-12-14 00:00:00

"One should hardly have to tell academicians that information is a valuable resource: knowledge is power. And yet it occupies a slum dwelling in the town of economics. Mostly it is ignored…" (J. Stigler 1961 )In the Research Almanac 2019...

Courier cos seek permission to transfer cash

REZAUL KARIM | 2019-12-13 00:00:00

Like the digital money transaction platforms, the courier service providers have sought the permission from the government to transfer cash money from one place to another within the country, sources said.They made the request at a time when the government...

Single-digit loan interest rate

Siddique Islam | 2019-12-13 00:00:00

The Bangladesh Bank (BB)-formed committee submitted its report to the governor on Thursday, and recommended that only industrial manufacturing sectors will be eligible for availing single-digit lending rate.The seven-member committee, headed by the BB Deputy Governor S M Moniruzzaman, was...

Industrial Policy 2019 will focus on 4IR, Blue Economy

TALHA BIN HABIB | 2019-12-13 00:00:00

The government is preparing the Industrial Policy 2019, emphasising the Fourth Industrial Revolution (4IR) and potentials of the Blue Economy.The new industrial policy will replace the National Industrial Policy 2016.The Ministry of Industries (MoI) recently organised a meeting with the...

Onion shortage and market failure

Abdullah A. Dewan | 2019-12-13 00:00:00

Onion price spirals have been a cri de coeur for quite some time from all quarters. The persistence of price spirals and unabated price hike of onions has increasingly becoming an obvious fallout of what we in economics call a...

OPINION

Shamsul Huq Zahid | 2019-12-13 00:00:00

The annual turnover of the country's pharmaceutical industry is now over Tk 200 billion. It may not take a long time for the industry to double its turnover the way the prices of drugs and medicines have been rising unabatedly....

HDI gain does not fully reflect quality of life

Nilratan Halder | 2019-12-13 00:00:00

On Wednesday, newspapers carried two pieces of good news for the country. The news concerns record gross domestic product (GDP) growth at 8.15 per cent and the country's one slot upward move in the Human Development Index-2019. So far as...

Bringing debaters at a platform from all around the globe

Sonaly Siddique | 2019-12-12 00:00:00

IUB Ascension 2019, one of the biggest debating tournament in Asia, began on December 11 and will continue till December 14, 2019. It is hosting more than 120 teams including more than 21 international teams. The event is hosting a...

HR contest in academia

Nusrat Naila Nokshi | 2019-12-12 00:00:00

North South University Human Resources Club (NSU HR) club has organised and launched their signature event, 'HR Calibration 3.0', for the third time on November 24, 2019. This competition is one of the biggest strategic HR model building competitions in...

A survey of informal economy is overdue

Asjadul Kibria | 2019-12-12 00:00:00

Informal part of an economy is a reality, but difficult to measure. There are also some overlaps between the formal and informal parts that render the task of devising a well-accepted tool for measuring informal economy difficult. The Seventh Annual...

Measuring growth democratically

Kemal Dervis | 2019-12-12 00:00:00

Abhijit Banerjee and Esther Duflo, two of this year's recipients of the Nobel Memorial Prize in Economic Sciences, are the latest among leading economists to remind us that gross domestic product is an imperfect measure of human welfare. The Human...

DMTCL set to start work on another metro rail corridor

Munima Sultana | 2019-12-11 00:00:00

Dhaka Mass Transit Company Limited (DMTCL) is set to start preparatory work on the development of another metro rail corridor in the city with getting a concessional loan of US$ 33.26 million from Asian Development Bank (ADB).To this end, DMTCL...

Loan documentation: Security the prime concern

Mohd. Jamil Hossain | 2019-12-11 00:00:00

A loan in default presents the ultimate test of the quality of a lender's documentation practices. Loan documents are all that stand between charging off a loan or recovering against collateral and/or guarantors. The environment of a loan in default...

Restoring central banks' credibility

Larry Hatheway in Zurich | 2019-12-11 00:00:00

Recent jumps in equity prices and bond yields suggest that recession fears are receding. But the global economic expansion cannot last forever, and when the next recession comes, central banks may not be adequately prepared to respond. Enhancing central-bank credibility...

Rooftop solar power: The go-to option for industrial consumers

Mohammad Alauddin | 2019-12-10 12:00:00

Bangladesh is endowed with reasonably good solar energy potential, thanks to its geographical location. Of all renewable energy sources, solar is the most dispersed form of energy offering a wide range of applications using commercially available technologies. Important applications of...

Move underway to relocate riverside religious structures

TALHA BIN HABIB | 2019-12-10 00:00:00

The government has taken a move to relocate religious structures and educational institutions to new areas from the banks of the rivers around the capital city under its ongoing beautification project, an official said. The structures including mosques, graveyards, crematories...

Cost of living going beyond reach

Sarwar Md. Saifullah Khaled | 2019-12-10 00:00:00

Prices of essentials across the country are soaring day by day without any respite for consumers. The abnormal price hike of daily necessaries hits worst the people from the lower rung of the social ladder. The brunt of spiralling prices...

Port city: Problems and prospects

Nazimuddin Shyamol | 2019-12-09 12:00:00

Chattogram is the country's second-largest city and it hosts the prime seaport. Popularly known as commercial capital, it is situated in the southeastern part of the country, on the banks of the River Karnaphuli. Much of the city is surrounded...