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Jakarta slaps duty on BD RMG

SYFUL ISLAM | 2021-02-26 00:00:00

Indonesia has slapped a safeguard duty, ranging between US$0.44 and $11.29 per piece, on export of a number of apparel items to the country from Bangladesh, officials said.The products include top garments (casual), top garments (formal), bottom garments, suits, ensembles...

The return of old weakness

Shamsul Huq Zahid | 2021-02-26 00:00:00

In the face of agitation by students for the last few days, the government has decided in favour of opening universities on May 24 next. The students' dormitories would be opened on May 17. The closure of educational institutions for...

Commission for agricultural produces

Nilratan Halder | 2021-02-26 00:00:00

Market volatility remains endemically an irritant and at times causes economic haemorrhage not only to consumers and producers but also to this country. Some like to call it a sellers' market. If this is true and tolerable to an extent,...

President Biden's thirty days in office

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-02-26 00:00:00

February 20, marks the first thirty days of the Biden Administration. It has inherited a caustic situation orchestrated by the previous administration which not only refused to accept the electoral outcome but resorted to violence to stall the peaceful transfer...

BD, Japan agree to set new schedules

MUNIMA SULTANA | 2021-02-25 00:00:00

Bangladesh and Japan have agreed to set new schedules for implementation of five big infrastructure projects here as the authorities concerned failed to meet the previous deadlines amid Covid-19 pandemic.The two countries reached the consensus at a virtual meeting on...

Vitol Asia the indispensable!

M AZIZUR RAHMAN and SYFUL ISLAM | 2021-02-25 00:00:00

The globally 'controversial' Vitol Asia Pte Ltd is all set to expand its energy business in Bangladesh by bagging yet another lucrative deal. It is now in the process of securing an LPG terminal-building job under an unsolicited deal, market...

Memoirs of higher study in Soviet Russia

Syed Anwarul Haque | 2021-02-25 00:00:00

My first visit outside Bangladesh was Moscow, the capital of the then USSR in the late 1960s. I enrolled at the Moscow State University-- considered the best university in Russia and one of the top ones in the world-- for...

Photography to reveal inner creativity

Manjurul Hassan Bandhan | 2021-02-25 00:00:00

Break The Circle is the annual flagship international photography exhibition being hosted by the Islamic University of Technology Photography Society (IUTPS) every year. This signature event promotes photography as a unique platform to express the inner creativity of the youth...

Accelerating trade digitalisation in the time of pandemic

Armida Salsiah Alisjahbana | 2021-02-25 00:00:00

February 20 marks the entry into force of a new international agreement promoting paperless trade, a timely reminder of how the Covid-19 pandemic has brought digital solutions to regional development challenges into the limelight.Paperless trade across borders has proven an...

In harmony with nature -

Helal Uddin Ahmed | 2021-02-25 00:00:00

People's health and wellbeing are critically and intricately dependent on the earth's natural systems. But advances in recent decades in the areas of socio-economic growth and technological transformation have materialised at the cost of the earth's capacity to sustain current...

Covid-19 stimulus packages and performance of the country's banking sector

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, and Towfiqul Islam Khan | 2021-02-25 00:00:00

Banks have a crucial role to play in implementing Covid-19 related stimulus packages announced by the government since the major portion of these packages is in the form of liquidity support through the commercial banks. This is indeed a huge...

Glitch causing investors' woes

Doulot Akter Mala | 2021-02-24 00:00:00

Aspirant investors are facing difficulties to buy the government's savings tools due to technical glitch in the system concerned.A number of investors have complained that they could not buy the tools despite several attempts in different scheduled banks.Officials of different...

BB relaxes credit rating rules amid pandemic

Siddique Islam | 2021-02-24 00:00:00

The central bank has relaxed the requirements of Internal Credit Risk Rating System (ICRRS) to help businesses avail credit facilities from the banks amid the Covid-19 pandemic, officials said.The ceiling of marginal internal credit risk rating score has been brought...

India won’t discuss AD issue

SYFUL ISLAM | 2021-02-24 00:00:00

India has again opposed inclusion of the issue of anti-dumping (AD) in a bilateral trade agreement that it has proposed to strike with Bangladesh, officials have said.The neighbouring country, they added, did not also agree to an alternative proposal by...

CPA makes decisions on construction issues

NAZIMUDDIN SHYAMOL | 2021-02-24 00:00:00

CHATTOGRAM, Feb 23: The Chittagong Port Authority (CPA) held an urgent meeting at its hall room on Monday afternoon to discuss the issues of the elevated expressway being constructed from Lalkhan Bazar to Shah Amanat International Airport in the port...

Valerie Taylor and her CRP

Hasnat M Alamgir | 2021-02-24 00:00:00

Valerie Taylor's 77th birthday was on February 08. She was born in 1944 in a far away land, but she has lived in Bangladesh for half a century with a mission- a mission that has touched the lives of millions...

World Trade Organisation at a cross-roads

Hasnat Abdul Hye | 2021-02-24 00:00:00

International trade among nations, based on comparative advantage, has been as old as civilisation. And yet, it has not been free and fair in terms of the conditions to be made for access to each others markets. The desire to...

ED, ex-DG of BB come under NBR scrutiny

DOULOT AKTER MALA | 2021-02-23 00:00:00

The Central Intelligence Cell (CIC) has asked all banks and financial institutions to furnish information about the accounts of former Bangladesh Bank (BB) deputy governor SK Sur Chowdhury, incumbent executive director Shah Alam and their spouses.The CIC under the National...

Recovery of manufacturing and services industries during pandemic period

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem and Towfiqul Islam Khan | 2021-02-23 00:00:00

The state of recovery of the manufacturing and services sectors in view of the Covid-19 pandemic may be judged by assessing the nature of changes in business activities against pre-pandemic level. During recovery from a recession, manufacturing and service sectors...

God's grandeur . . . and the promise of science

Syed Badrul Ahsan | 2021-02-23 00:00:00

The wonders of science do not cease. Nasa has just had its Perseverance rover land on Mars. When you sit back and reflect on it, you cannot but think back on all the positive changes that have been made possible...

Spirit of Language Movement on the wane

Asjadul Kibria | 2021-02-21 12:00:00

Financial Express: What are the long-term impacts of the language movement?Ahmad Rafique: There were two phases of the language movement. The first phase was in 1948, and the second and final phase was in 1952. There was only one demand...

The need for a language policy

Helal Uddin Ahmed | 2021-02-21 12:00:00

Language plays a crucial role in society, as it is not only a mode of communication but also a way of life. It also bears historical, cultural, religious as well as ethnic marks. For this reason, the UNESCO has declared...

IOCs, local gas cos in trouble

DOULOT AKTER MALA | 2021-02-21 00:00:00

The International Oil Companies (IOCs) as well as local ones are facing complexities in releasing imported supplies and equipment for gas plants from the ports due to imposition of taxes.The IOCs has been enjoying a VAT rebate on some items...

No need of new provision in Companies Act: BSEC

Mohammad Mufazzal | 2021-02-21 00:00:00

The securities regulator sees no bar in implementing its directive recently issued to settle investors' claims for unclaimed or unpaid or unsettled dividends.It also finds no need of introducing any new provision in Companies Act to pull the accumulated dividends,...

Why climate change vulnerability is bad for sovereign credit ratings?

Serhan Cevik and João Tovar Jalles | 2021-02-20 12:00:00

Climate change has made the world a riskier place. The destruction wrought by heatwaves, droughts, hurricanes, and coastal flooding doesn't stop with the toll on human lives and livelihoods-it can also have deep consequences for a country's finances.Recent International Monetary...

BTRC to hold spectrum auction on March 8

ISMAIL HOSSAIN | 2021-02-20 00:00:00

Bangladesh Telecommu-nication Regulatory Com-mission (BTRC) is set to award spectrum or radio frequency between 1800 MHz and 2100 MHz bands to mobile phone operators through auction.The auction will be held on March 08 but operators shall make queries within February...

Dhaka objects to fresh Delhi NTBs

SYFUL ISLAM | 2021-02-20 00:00:00

Bangladesh has raised an objection to India's request for increased verification of country-of-origin (CoO) certificates and attachment of a questionnaire to those since those will be in violation of the SAFTA rules.Dhaka termed the Delhi's measures a new type of...

Lackluster trade hits stocks

BABUL BARMAN | 2021-02-20 00:00:00

Stocks posted a marginal fall in the outgoing week, extending the losing streak for the fifth straight week, amid persistently lackluster trade.Week-on-week, the DSEX, the core index of the Dhaka Stock Exchange (DSE), went down slightly by 9.03 points or...

Padma Bridge: Its huge impact on economy

Abul Quasem Haider | 2021-02-20 00:00:00

Towards the end of 2020, the full length of Padma Bridge of our dream became visible. After installation of the 41st span of the Padma Bridge on December 10, the real specimen of the bridge now can be seen in...

Pitch made especially to suit hosts may backfire

Nilratan Halder | 2021-02-20 00:00:00

Cricket is no longer what it was before the introduction of the shorter versions. Many believe Test cricket played over five days has no future at a time when mad rush governs people's life. They ought to have watched the...