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Push for demolition of rail bldg

MUNIMA SULTANA | 2021-02-05 00:00:00

The demolition of iconic Kamalapur Rail Station building has been under discussion on request from the Japanese developer of a multi-modal transport hub on the site.Sources confirmed that the issue of demolishing is not for giving space to metro rail...

Govt chops target to borrow from banks

SIDDIQUE ISLAM | 2021-02-05 00:00:00

The government has slashed its bank borrowing target by more than 3.0 per cent to Tk 820 billion for the current fiscal year, compelled by lower implementation of the annual development programme (ADP).The original target was Tk 849.80 billion, officials...

Depositors at the receiving end

Shamsul Huq Zahid | 2021-02-05 00:00:00

Businesses had been alleging for long that the lending rates of banks in Bangladesh are too high. And it was adding to the cost of their doing business. They wanted the lending rate to come down to a single-digit. The...

Time for reversing fraudulent mentality

Nilratan Halder | 2021-02-05 00:00:00

For a 20-year-old making tens of millions of taka is quite difficult, if not impossible. Prodigies far younger of rare qualities in the Western world at times make news for such feats. But in question here is no such achievement...

Social repercussions of pandemics

Philip Barrett, Sophia Chen and Nan Li | 2021-02-05 00:00:00

In 1832, the great cholera pandemic hit Paris. In just a few months, the disease killed 20,000 of the city's 650,000 population. Most fatalities occurred in the heart of the city, where many poor workers lived in squalid conditions, drawn...

Social role of economists: A conversation over time

Hossain Zillur Rahman | 2021-02-05 00:00:00

23 years ago, in January 1998, five economists gathered for an urgent discussion on the social role of economists in Bangladesh. In 1998, Bangladesh was reeling from the devastating impact of unprecedented floods. The conversation brought to light the need...

BGMEA readying exit policy

DOULOT AKTER MALA | 2021-02-04 12:00:00

The apparel trade group has moved to develop insolvency or exit policy framework in order to salvage the industry battered by the pandemic.The objective of the framework is to detect early and resolve the financial distress in entities, including the...

BD-Japan joint platform meeting on February 24

Munima Sultana | 2021-02-04 00:00:00

The joint platform meeting of Bangladesh and Japan is scheduled to be held virtually on February 24, nearly after two years, according to sources.The meeting is expected to focus on possible Japanese investment of US$ 7.0 billion in infrastructure projects...

BSEC body to probe market operators' role

Mohammad Mufazzal | 2021-02-04 00:00:00

The securities regulator has formed a two-member committee on Wednesday to probe into the role of market operators behind the unusual price hike of shares of the newly-listed companies, observed in their initial trading sessions.The Bangladesh Securities and Exchange Commission...

NRBC to help create 0.1m new entrepreneurs

Siddique Islam | 2021-02-04 00:00:00

NRB Commercial Bank Limited has planned to help create 0.1 million new entrepreneurs with expediting credit flow particularly in northern Bangladesh by the end of 2021, the bank's top policy maker said.Under the plans, the fourth generation private commercial bank...

Baraka Patenga Power to invest more in electricity generation

Babul Barman From Patenga, CTG | 2021-02-04 00:00:00

The Baraka Patenga Power Limited (BPPL) will utilize part of its initial public offering (IPO) proceeds of Tk 1.44 billion (144.34 crore) to invest in two of its power generating subsidiaries on becoming one of the largest players in the...

Business books to read

Naziba Ali | 2021-02-04 00:00:00

What does it take to be number one? A recent survey by Fast Company suggests that the answer could be a well-lined bookshelf. In fact, the average number of books read by a CEO is 60 books per year, or...

Initiative to bring warmth to the needy

Iftida Islam Eme | 2021-02-04 00:00:00

Chittagong University Human Resource Club (CUHRC), an extra-curricular organisation affiliated with the human resource management department of CU, took a social welfare initiative on January 16 and continued till January 19 with the slogan, "Let the warmth of love spread...

National Library Day in Mujib Year

Md Nasiruddin Mitul | 2021-02-04 00:00:00

The nation will celebrate the National Library Day 2021 on Friday (February 5, 2021). The theme of the day is 'library in ever house is the pledge of the Mujib Year'. In collaboration with the Department of Public Libraries (DPL)...

Graft ranking goes down

Helal Uddin Ahmed | 2021-02-04 00:00:00

The latest ranking of Bangladesh in the global Corruption Perception Index (CPI) prepared by Berlin-based anti-corruption watchdog Transparency International (TI) has dropped during 2019-20. According to the latest CPI report, Bangladesh's global ranking has slid to 12th from bottom among...

BD to seek quick fix during Modi's visit

SYFUL ISLAM | 2021-02-03 00:00:00

Bangladesh has moved to raise the complications over the new Indian Customs Rules at highest level, preferably during Narendra Modi's Dhaka visit next month, sources said.Before that, the issue will be discussed at the meetings of the joint working group...

BRTA proposes fare of Tk 2.20 per km

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

The BRTA fare committee has proposed a fare of Tk 2.20 per kilometre for the company- based bus service that is expected to run on a pilot route soon, sources said.The fare is Tk 0.50 higher than that of the...

Govt to request five big importers to stabilise edible oil market

REZAUL KARIM | 2021-02-02 00:00:00

The government has decided to request five big importers to keep the supply and price of edible oil stable especially during the upcoming Ramadan, officials said.It also decided to take necessary steps to stabilize the prices of onion, garlic, sugar,...

Adolescent voice and agency strengthened through access to ICT and mobile phones

Lopita Huq, Maheen Sultan, and Zarine Anan Khondoker | 2021-02-02 00:00:00

Technology is uniquely shaping the life experiences and opinions of the adolescents growing up in this rapidly digitising world. Although the number of internet users in Bangladesh grew rapidly in the last few years, an inequality exists within socioeconomic groups...

Copying to plagiarism to piracy

Syed Fattahul Alim | 2021-02-02 00:00:00

The ability to copy is a basic attribute of life. As actions, copying and repeating are similar in nature. Copying is to reproduce a thing in space and as such the action is spatial. Repeating, on the other hand, is...

The perils of plagiarism

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

Plagiarism can lead to devastating consequences. This truth has been manifested anew through the decision of the Dhaka University Syndicate to penalise three teachers of the university on the grave charge of their having lifted material from other people's writings...

Can Bangladesh get prepared for EU's GSP-plus?

Khondaker Golam Moazzem and Abeer Khandker | 2021-02-02 00:00:00

Over the past few years, Bangladesh has progressed a lot in terms of economic and social development. However, graduation from the LDC group will be the most important milestone that Bangladesh could achieve in the coming years. But the question...

Guidelines drafted for wind power projects

SYFUL ISLAM | 2021-02-01 00:00:00

The government has unveiled draft guidelines for installation of onshore wind power plants as part of its efforts to enhance clean energy generation in the country, officials said.According to the guidelines, the project developers will first have to ensure the...

Expansionary course to continue in H2

Siddique Islam | 2021-02-01 00:00:00

The central bank has decided to stick to the expansionary monetary policy during the second half (H2) of this fiscal year (FY) with some adjustments, taking into account the money market and the overall macroeconomic situation.The decisions were taken at...

Co reg in 24 hrs as service goes online today

ISMAIL HOSSAIN | 2021-02-01 00:00:00

The new companies would now be able to register their entities with the Office of the Registrar of Joint Stock Companies and Firms (RJSC) within 24 hours as the process with key services goes online today (Monday). The new service...

Government support is vital as countries race to vaccinate

Vitor Gaspar, W Raphael Lam, Paolo Mauro and Mehdi Raissi | 2021-02-01 00:00:00

The Covid-19 pandemic is accelerating in many countries and uncertainty is unusually high. Decisive government actions are necessary to ensure swift and extensive vaccine rollouts, protect the most vulnerable households and otherwise viable firms, and foster a durable and inclusive...

Behind varsity's thesis paper plagiarism

Neil Ray | 2021-02-01 00:00:00

Not just one, but three teachers of the University of Dhaka have been found guilty of plagiarism in their thesis papers and the university syndicate has penalised them with demotion. Quite an achievement indeed for the trio on the centenary...

Financing an arduous journey

Shamsul Huq Zahid | 2021-02-01 00:00:00

Bangladesh nationals employed abroad sent home a record amount -- US$22 million -- in the year 2020. The reason behind their remitting such a large amount during a year that saw a pandemic playing havoc with life and living across...

Banks crank up farm credit

SIDDIQUE ISLAM | 2021-01-31 00:00:00

Farm credit disbursement grew by nearly 12 per cent in the first-half of the current fiscal year, driven by seasonal demand for such loans, officials say.Banks released agricultural credit worth Tk 120.78 billion in the July-December of FY '21, up...

India now seeks physical presence

SYFUL ISLAM | 2021-01-30 00:00:00

The Indian officials are now seeking permission for physical presence in Bangladesh for investigating any customs-related offences, officials say.They are also seeking information about the assessment of valuation, origin and tariff classification of goods, and for the determination of authenticity...