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Virus takes wind off development sail

Nazimuddin Shyamol | 2020-12-07 00:00:00

The major development projects of Chattogram were hampered by the coronavirus outbreak in the current year. During the government-enforced lockdown periods early this year due to the Covid-19 outbreak, the progress in work almost came to a halt. But, after...

Embryology and Quranic science

Engr. Mohammad Shahidul Alam | 2020-12-07 00:00:00

Today, one may be a highly educated citizen of a wealthy family living in modern society with the internet at one's fingertip. However, in order to begin to understand the extraordinary contents in the holy Quran, one go hundreds of...

Designing better economies for pandemics

Saif Mahmud and Tahmid Islam | 2020-12-07 00:00:00

The ongoing coronavirus pandemic has shown how brittle the world economy is. Millions of people have lost their livelihoods, homes, means to education, and luxuries amidst this pandemic.It is uncertain when the economies will bounce back to their pre-pandemic levels,...

Necessity of commodity exchanges in Bangladesh

Nazmul Khan | 2020-12-07 00:00:00

The desire to manage or eliminate risk is one of the most entrenched traits of humanity. This is underpinned by the necessity of security against the possibility of ruin that provides the impetus for our evolution as a species and...

Social protection in the time of Covid-19: Is Bangladesh doing enough?

Asad Islam and Hashibul Hassan | 2020-12-07 00:00:00

Most countries in the world have had to take different degrees of lockdown and social distancing measures to limit the spread of the coronavirus disease (COVID-19). Although critical in containing the Covid-19, these measures have also triggered an unprecedented economic...

Twilight years of a journalistic career

Nilratan Halder | 2020-12-07 00:00:00

Never did I have an inkling that I would ever work for a business newspaper much less spend a better part of my journalistic career which is now two years shy of four decades. At the time of my debut...

BRR: A matter of minutes that takes uncounted working days

Munima Sultana | 2020-12-07 00:00:00

That bus route rationalisation (BRR) is not possible in the Dhaka city is a common public perception, a perception which has come out of the experience people have gathered by witnessing the city's chaotic traffic, indiscipline and union-controlled transport sector.Both...

Covid-19 lockdowns: A test for mental well-being of older adults

Selim Jahangir, Syeda S. Mowri, Shanawez Hossain, Musleh Uddin Hasan and Ajay Bailey | 2020-12-07 00:00:00

The Covid-19 pandemic and imposition of lockdown have changed the modal choices and mobility pattern of the older adults in Bangladesh. The restricted mobility has also influenced the psychological well-being of the older adults amid the pandemic. A survey carried...

Sneak peek at game development in Bangladesh

Max Vergil | 2020-12-07 00:00:00

By now, most of us have likely heard that the game industry is a billion dollar industry, that it has overtaken all other media markets combined in sales, and that the future of entertainment are games. While all of these...

Rethinking money: Development of currency in ancient world

Readus Shaleheen Jawad | 2020-12-07 00:00:00

When human civilisation was in its infancy, people used to barter one thing for another. But because humans are rational creatures, they discovered that it would be more convenient and efficient for them to select an almost universal medium of...

Fintech 2.0: From transacting money to transforming lives

Monsurul Aziz | 2020-12-07 00:00:00

At the dawn of human civilization, finance was nothing more than a mere thought of value. That value, to be precise, was based on goods, and later on services. The Barter System, dated back to 6,000 BC, was indeed the...

Growth of digital payment in 'New Normal'

Amitabh Guha Roy and Hanan Fariyel Osman | 2020-12-07 00:00:00

Surviving eight months into this pandemic, where COVID-19 took about 6 thousand lives and infected more than 400 thousand people, we are getting accustomed to the 'New Normal'. As wearing masks, using sanitizers, and intense cleaning routine have become part...

Interest rate spread falls to 2.94pc in Oct

Siddique Islam | 2020-12-06 00:00:00

The interest rate spread dropped slightly in October last as the banks slashed the lending rates more than that of the deposit rates.The interest on the loans and advances decreased comparatively at higher rates than that of the deposits in...

Act out of love for country, people: PM

ISMAIL HOSSAIN from Chattogram | 2020-12-06 00:00:00

Prime Minister Sheikh Hasina on Saturday called upon the Border Guard Bangladesh (BGB) to act always while in service and out of love for the country and its people.She also urged all to stay alert during the second wave of...

90km N'ganj-Gazipur corridor on the cards

MUNIMA SULTANA | 2020-12-06 00:00:00

A feasibility study has proposed building a national highway in the city's eastern fringe area, keeping the scope for both bus and train-based mass transit services due to a faster growth in the number of inhabitants in new townships.The feasibility...

BO account opening to be digitised

Mohammad Mufazzal | 2020-12-06 00:00:00

Investors willing to invest in the capital market will be able to open BO (beneficiary owner's) accounts online in near future without going to the firms.As part of the regulatory move to digitise the country's capital market, the Central Depository...

Covid-19 hits the poor harder, but scaled-up testing can help

Allan Dizioli, Michal Andrle, and John Bluedorn | 2020-12-06 00:00:00

Across the world, poor neighbourhoods have experienced more Covid-19 infections and deaths than wealthier ones. The pandemic and the efforts to control it have disproportionately hurt the poor, both within and across countries. Gaining a better understanding of what accounts...

Taking national investment seriously

Diane Coyle | 2020-12-06 00:00:00

This has been a brutal year, with the Covid-19 pandemic forcing governments around the world to close down many aspects of normal everyday life while supporting workers and businesses with extraordinary emergency measures. And the crisis certainly is not over...

Offsetting seven per cent rise in trade cost requires political will

Yann Duval | 2020-12-06 00:00:00

The policy responses to the Covid-19 pandemic are having a significant impact on the cost of trading goods across borders. Despite measures taken by many countries to keep goods moving across borders, research at United Nations Economic and Social Commission...

Owners in trouble getting licence for dual policy

DOULOT AKTER MALA | 2020-12-05 00:00:00

Owners of drug rehabilitation centres are having difficulty in obtaining trade licence due to the government's dual policy.All the rehab centres under city corporation areas are currently running operations without valid trade licence, sources said.According to a gazette notification of...

Tax receipts from DSE slump 15pc in November

Babul Barman | 2020-12-05 00:00:00

The government's revenue earnings from the Dhaka Stock Exchange (DSE) dropped 15 per cent month-on-month in November as share sales by sponsor-directors and placement holders fell drastically.Market analysts said low share sales by sponsor-directors coupled with sluggish trading activities affected...

Could sniffer dogs help BD combat illegal wildlife trade?

Nafisa Islam and Shahriar Caesar Rahman | 2020-12-05 00:00:00

Illegal wildlife trafficking ranks among the most lucrative global crimes. Many desire wild animals and their parts or products for food, pets, medicine, or decorative items.According to a recent UN report, around a million animal and plant species are threatened...

How artificial intelligence could widen the gap between rich and poor nations

Cristian Alonso, Siddharth Kothari, and Sidra Rehman | 2020-12-05 00:00:00

New technologies like artificial intelligence (AI), machine learning, robotics, big data, and networks are expected to revolutionise production processes, but they could also have a major impact on developing economies. The opportunities and potential sources of growth that, for example,...

Challenges before corona vaccine

Syed Fattahul Alim | 2020-12-05 00:00:00

The world is waiting with great expectations for the three anti-Covid-19 vaccine candidates produced by the US-origin Pfizer-BioNTech and Moderna and the UK-based Oxford/AstraZeneca. They would be ready for mass vaccination of the peoples once they get the clearances from...

Punitive measures for unlicensed courier services in the offing

Ismail Hossain | 2020-12-04 00:00:00

The Courier Service Licencing Authority (CSLA) is going to introduce punitive measures, including imprisonment and fines, for the unlicenced courier service companies, according to officials at the regulator. They said that hundreds of courier services are operating in the country...

Investment ceilings cut 'It could be done gradually'

DOULOT AKTER MALA | 2020-12-04 00:00:00

The government lowered the maximum investment ceilings of purchasing three types of savings certificates on Thursday.The certificates are - Five-Year Bangladesh Sanchaypatra, Three-Month Profit-Based Sanchaypatra, and Paribar Sanchaypatra (family savings certificate).Small investors can now purchase these savings certificates up to...

Construction set for Jan start

MUNIMA SULTANA | 2020-12-04 00:00:00

The Dhaka metro rail company has planned to start construction of the MRT-6 extension from Motijheel to Kamalapur Railway Station by next month although the complexities over the project are yet to be resolved.Officials said the Dhaka Mass Transit Company...

Six state-run sugar mills to undergo overhaul

MOHAMMAD MUFAZZAL | 2020-12-04 00:00:00

Production in six state-run sugar mills has been suspended for the 2020-21 crushing season for their modernisation.Earlier, the government with financial support from Japan Exim Bank under took a project to modernise the six mills under the Bangladesh Sugar and...

Covid vaccines: Are we ready?

Shamsul Huq Zahid | 2020-12-04 00:00:00

A few global biotech research institutes and leading drug-makers have proved soothsayers wrong and come up with effective Covid-19 vaccines much ahead of projections. People's attention is now more focussed on effectiveness and availability of vaccines than on raging second...

Protecting the vulnerable

Nilratan Halder | 2020-12-04 00:00:00

United Nations Emergency Relief Coordinator, Mark Lowcock has painted a bleak picture of the humanitarian overview of the planet. So bleak the year ahead looks that, he admits, 'if we get through 2021 without major famines that will be a...