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Assessing happiness globally

Helal Uddin Ahmed | 2024-03-30 00:00:00

"It is neither wealth nor splendour, but tranquillity and occupation, which give happiness" —Thomas Jefferson, 1788. There may be differences of opinion regarding the definition or concept of happiness, but it has gradually found recognition globally as an indicator of...

Move to make Rapid Pass 'One Card for All Transport'

MUNIMA SULTANA | 2024-03-29 00:00:00

Dhaka commuters could soon be using a single card to pay fares across all public transport services, as the Dhaka Transport Coordination Authority (DTCA) is working on adding all payment features to the Rapid Pass -- aligning with the government's...

Harsher penalties lurking for export-import malpractices

DOULOT AKTER MALA | 2024-03-29 00:00:00

Wrongdoings centering export and import await harsher penalties under the new customs act that provides for a slew of stern punitive actions against trade-based offences.The law, passed in parliament on October 25, 2023, might be enforced through issuing a gazette...

The saga of discrimination against domestic helps

Nilratan Halder | 2024-03-29 00:00:00

One of the most crucial yet neglected services in urban conundrum is that of helping hands in households. According to a report, the total number of such workers in the world is 70.60 million. In Bangladesh, the figure of such...

Covid-19 pandemic and poverty dynamics in Bangladesh

David Fielding, Selim Raihan, Katushi Imai, Upasak Das, and Mahtab Uddin | 2024-03-29 00:00:00

Bangladesh has witnessed remarkable economic growth and development in the last three decades. However, the Covid-19 pandemic, followed by the Russia-Ukraine war and the global energy crisis, has put Bangladesh to the test on several frontiers. There is a growing...

No physical progress for lack of financing

MUNIMA SULTANA | 2024-03-28 00:00:00

The subway network planned to be developed in the city has so far made no physical progress as the authorities could not arrange funds in almost two years since the completion of its feasibility study that showed the project economically...

Bangladesh at 54: Lofty goals, harsh reality

Atiqul Kabir Tuhin | 2024-03-28 00:00:00

Bangladesh commemorated its 53rd anniversary of independence on Tuesday with much fervor and zeal. The celebration included paying tribute to the freedom fighters with due solemnity, and reiteration of its socio-economic progress and commitment to transform the country into a...

America's patiently waiting Vice Presidents

Syed Badrul Ahsan | 2024-03-28 00:00:00

So there will be a rematch of Joe Biden and Donald Trump at the American presidential election come November. It will not be a pretty sight, or an inspiring one. And, yes, there is Robert F. Kennedy Jr with his...

Elenga-Rangpur road expansion likely for two-year extension

MUNIMA SULTANA | 2024-03-27 00:00:00

The tenure of Elenga-Hatikumrul-Rangpur highway four-lane project is set for extension for two more years for failing to ready the entire regional corridor by December 2024.Although the four-lane widening work, and two-lane service road will be completed by December, officials...

A quest for a possible option for the subsidy phaseout

Khondaker Golam Moazzem, Helen Mashiyat Preoty, Mashfiq Ahasan Hridoy, and Faisal Quaiyyum | 2024-03-27 00:00:00

The Ministry of Power Energy and Mineral Resources (MoPEMR) has increased electricity prices starting from February 2024, with adjustments planned to continue over the next three years to end the subsidy burden. The decision aligns with the IMF's conditions linked...

Making medicines affordable -

Syed Fattahul Alim | 2024-03-26 12:00:00

Like any other developing country, out-of-pocket expenditures for healthcare eat up a significant portion of family income in Bangladesh. A study done by the Health Economics Unit (HEU) under the Health Service Division of the Ministry of Health and Family...

Revisiting the Liberation War

Helal Uddin Ahmed | 2024-03-26 00:00:00

As the non-cooperation movement against the Pakistani military regime gained momentum in March 1971, many in the eastern wing of the then Pakistan felt the impending need for an armed struggle. This was reflected in the historic March 7 speech...

The ethos of Independence Day

Syed Badrul Ahsan | 2024-03-26 00:00:00

A celebration of Independence Day is a going back to the ethos of the struggle for a free Bangladesh. It is not about a mouthful of slogans and clichés about patriotism, for patriotism is a higher calling. Those who died...

Congestion forms for occupation of footpaths by hawkers

NAZIMUDDIN SHYAMOL | 2024-03-26 00:00:00

CHATTOGRAM, Mar 25: Footpaths and parts of roads, particularly main roads in the port city of Chattogram, are being occupied again by hawkers after their eviction, causing intractable congestion.The Chattogram City Corporation (CCC) evicted hawkers at New Market and Station...

Taming inflation, ensuring good crop prices pose dilemma

SYFUL ISLAM | 2024-03-26 00:00:00

Mitigating pains of inflation and ensuring good prices for farmers by the same stroke pose a dilemma for finance officials in preparing national budget, leading them to walk a tightrope. This moot question dominates during consultations of the finance minister...

NBR needs Tk 458.53b monthly haul to meet FY24 target

DOULOT AKTER MALA | 2024-03-25 00:00:00

After a Tk 182.21 billion shortfall in domestic revenue mobilisation by February this year, the revenue authority now needs to collect Tk 458.53 billion in each of the remaining four months of the current fiscal year to achieve its target....

The end game in Gaza

Hasnat Abdul Hye | 2024-03-25 00:00:00

The most brutal and savage war in recorded history was unleashed by Israel in October last in a rising crescendo of carnage and atrocity, choreographed in cold blood. Since then the besieged land of Gaza under Israeli occupation has witnessed...

Will black marketing of railway tickets come to an end?

Neil Ray | 2024-03-25 00:00:00

There was a time when black marketing of train and bus tickets was a rampant routine practice, particularly before the two Muslim religious festivals, Eid-ul-Fitr and Eid-ul-Azha and Bangalee Hindus' Durga Puja. With technological advancement and introduction of online ticketing...

Dealing with huge external debt

Syed Fattahul Alim | 2024-03-25 00:00:00

Some studies done in the past showed that in the case of low-income countries, total external debt was found to have left a negative impact on GDP growth. But in the case of middl-income ones, external debt was positively associated...

Setting the right nisab of Zakat

Asjadul Kibria | 2024-03-24 12:00:00

During the month of Ramadan, there is always an enthusiastic effort among many Muslims to do some charities for the less privileged section of society. The charity follows a divine decree and is performed in the holy month. Muslims strongly...

Bhutan calls BD for duty benefit under PTA

DOULOT AKTER MALA | 2024-03-24 00:00:00

Bhutan has urged Bangladesh to allow its businesses enjoy duty benefit under the Preferential Trade Agreement (PTA) signed in December 2020.Bhutan, the only country having a bilateral trade deal with Bangladesh, has requested the Bangladesh Embassy in Thimphu through a...

Govt-fixed prices of essential items go unheeded

NAZIMUDDIN SHYAMOL | 2024-03-24 00:00:00

CHATTOGRAM, Mar 23: The prices of some key essential commodities have increased since the first week of Ramadan in the port city and elsewhere in the country despite the government's measures to rein in price hikes.Although the government has taken...

Commodity exchange to be an extension of CSE, not separate entity

Mohammad Mufazzal | 2024-03-24 00:00:00

The country's maiden commodity exchange (CX) will function as a new segment of the port city bourse, not a subsidiary as was initially planned, since the new arrangement will help quicken the introduction of the market. It will be just...

Chaos as footpaths plundered for profit

Atiqul Kabir Tuhin | 2024-03-24 00:00:00

Dhaka is currently witnessing a massive surge in frenzied public movement. Roads and side streets are teeming with noisy honking traffic, with a tsunami of commuters rushing in every direction causing chaos and commotion everywhere. Travelling by any mode of...

CAAB yet to reclaim land from Biman

GULAM RABBANI | 2024-03-23 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) is still to recover 0.88-acre land from the Biman Bangladesh Airlines even after a lapse of eight years into the expiry of its lease.The CAAB has already issued five letters for the land,...

BD, South Korea move towards FTA with MoU

SYFUL ISLAM | 2024-03-23 00:00:00

Eying a free-trade agreement (FTA) in the future, Bangladesh and South Korea are now advancing to a memorandum of understanding (MoU) that focuses on boosting bilateral trade and investment, according to officials.Currently, Bangladeshi products enjoy duty-free and quota-free access to...

Govt decides to raise Rupali Bank’s capital base

REZAUL KARIM | 2024-03-23 00:00:00

Capital-deficient state-owned Rupali Bank's authorised capital is being bumped up from Tk 7.0 billion to Tk 25 billion to bolster its financial base and enhance clientele confidence, sources said.The commercial bank, Rupali Bank PLC, had a capital shortfall of Tk...

Work on Chattogram-Cox's Bazar expressway likely to start soon

NAZIMUDDIN SHYAMOL | 2024-03-23 00:00:00

CHATTOGRAM, Mar 22: Work on the construction of a 136-kilometre six-lane Chattogram-Cox's Bazar Expressway under the public-private partnership (PPP) modality is likely to start soon.Sources said the work was yet to begin for a delay in a holding meeting of...

Money to be spent on iftar party can serve a humanitarian cause

Nilratan Halder | 2024-03-23 00:00:00

Over the years iftar parties became an integral part of Ramadan. Political parties, business organisations, corporate offices, clubs and the who's who used to arrange such parties throughout the month. There were high-profile, low-profile and mid-profile iftar parties. Of course,...

Fiscal policy, corruption, and institutional quality

Abdullah A Dewan | 2024-03-23 00:00:00

Why are many countries stuck in a vicious circle of widespread corruption even if the governments change through elections or violent public upheavals? A possible explanation is that when corruption is widespread, people become used to it and feel helpless,...