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Hidden costs of behavioural nudges

2024-05-31 00:00:00

Behavioural nudges are subtle policy shifts designed to affect behaviour without restricting choices. They are often used to promote better, more financially sound, or environmentally friendly decisions. While the intentions behind nudges are typically positive, their effectiveness and ethical implications...

Cut the junk food in your child's diet

2024-05-31 00:00:00

Parental awareness about baby food is crucial. As children grow older, many parents lack knowledge about which foods are beneficial and which are harmful. Some may know but fail to prioritise this due to time constraints or not recognising its...

Raising labour productivity

2024-05-31 00:00:00

The International Labour Organisation (ILO) in a report published this week has indicated that Bangladesh must increase its annual labour productivity by 1.5 per cent to achieve high-income status by 2050. Currently, the country's productivity growth is 4.1 per cent...

Umrah Card in Bangladesh

Md. Touhidul Alam Khan | 2024-05-30 12:00:00

For the first time in the country, the National Bank Limited has introduced an Umrah card under the Mastercard branded multi-currency prepaid card. The inauguration of this card took place at a five-star hotel in the capital on March 11.Through...

TIB disappointed as EC fails to release expenditure reports

FE REPORT | 2024-05-30 12:00:00

The Transparency International Bangladesh (TIB) has voiced disappointment as the Election Commission (EC) has failed to release the expenditure reports within the designated timeframe.In a press statement issued on Wednesday, the TIB said the EC failed to fulfil its legal...

Humayun Rashid elected BPCCI president

2024-05-30 12:00:00

The Bangladesh Philippines Chamber of Commerce and Industry (BPCCI) has elected Humayun Rashid, Managing Director and CEO of Energypac Power Generation PLC, as its president for the term 2024-2026.He was elected during the organisation's Annual General Meeting (AGM) held at...

Can S.S. Steel justify its historically low dividends?

FARHAN FARDAUS | 2024-05-30 12:00:00

S.S. Steel has been paying insignificant amounts of dividends to its shareholders, compared to its listed peers in the industry, but earnings that it supposedly kept with itself have not been translated into business growth. In fact, the company's profit...

THE STEPS OF HAJJ AT A GLANCE

2024-05-30 00:00:00

Bangladeshi Hajj Pilgrims in 2024 at a glance

2024-05-30 00:00:00

From a Scottish mountain to Hajj

K M Nazrul Alam | 2024-05-30 00:00:00

I was visiting Scotland in June 2022. My tour became troublesome due to my chronic back pain. Sometimes I have to rest in bed and take painkillers to get some relief. Scotland is a country of mountains and cold. Though...

'We ensure smooth financial management for pilgrims'

FE REPORT | 2024-05-30 00:00:00

What type of products and financial services your bank (Social Islami Bank) offers to the clients to facilitate their Hajj pilgrimage? Social Islami Bank is a pioneer in providing support and services to the Hajj pilgrims. We have a number...

Hajj body pushes for lower airfares

SAJIBUR RAHMAN | 2024-05-30 00:00:00

Existing Hajj packages do not meet people's expectations, according to a top leader of the local private Hajj agencies association, as he said those rates are much higher than the affordability of many pilgrims. Stronger dollars and subsequent rise in...

Makkah Route Initiative makes Hajj trip smoother

FE Report | 2024-05-30 00:00:00

The Makkah Route Initiative, which is carrying out all travel procedures at the airports of the countries of departure, continues to simplify the Hajj journey for pilgrims. Currently, seven countries benefit from the initiative by the Saudi Ministry of Interior....

Govt takes measures to increase Hajj pilgrims amid lower turnout

TALHA BIN HABIB | 2024-05-30 00:00:00

The government has taken measures to fulfil Hajj quota targets next year, as the number of registered Hajj pilgrims this year is much lower than the quota allocation, according to a director at Dhaka's Ashkona Hajj camp."We have taken initiatives...

Hajj blends spirituality with economics

ASJADUL KIBRIA | 2024-05-30 00:00:00

Hajj is one of core obligatory religious duties for any Muslim who has physical, mental and financial abilities. And in that case, an eligible Muslim has to perform it at least once in his/her lifetime. Hajj begins on the 8th...

Toxic chemicals found in drinking water near RMG factories: Study

FE REPORT | 2024-05-30 00:00:00

A five-year study has found sky-high levels of toxic PFAS chemicals in surface and tap water samples collected near the centres of the textiles industry that produce clothing for global fashion brands.The worrying discovery has raised concern among experts as...

Men repair their damaged shop after cyclone Remal's landfall in Patuakhali

2024-05-30 00:00:00

Men repair their damaged shop after cyclone Remal's landfall in Patuakhali on May 29, 2024. Cyclone Remal, which made landfall in low-lying Bangladesh and neighbouring India on May 26 evening with fierce gales and crashing waves, left at least 38...

New RAB chief Harun

2024-05-30 00:00:00

The government has appointed Additional Inspector-General of Police Md Harun-Ar-Rashid as the Director- General of the Rapid Action Battalion or RAB, reports bdnews24.com.The home ministry's Public Security Division published a circular on his appointment on Wednesday.He will replace M Khurshid...

Earthquake jolts Dhaka, other parts of country

2024-05-30 00:00:00

A 5.5-magnitude earthquake jolted different parts of the country, including the capital, at 7.13pm Wednesday evening."The quake was felt in Dhaka, Sylhet, Chattogram and other parts of the country," Golam Mostofa, an official of the Bangladesh Meteorological Department told BSS.The...

Two PMO officials terminated

2024-05-30 00:00:00

Prime Minister Sheikh Hasina's office has terminated the contracts of Deputy Press Secretary Hasan Zahid Tushar and Assistant Private Secretary-2 Gazi Hafizur Rahman, reports bdnews24.com.The decisions were announced in separate notifications issued by the Ministry of Public Administration cancelling their...

Airbus's offer for passenger planes under consideration

2024-05-30 00:00:00

Biman Bangladesh Airlines could be expanding its fleet with new aircraft from Airbus. Outgoing Managing Director and CEO of the national flag carrier, Shafiul Azim, made the indication during a views exchange meeting with the Aviation and Tourism Journalists' Forum...

Nearly 35pc vote cast in 3rd phase upazila polls: CEC

2024-05-30 00:00:00

Chief Election Commissioner Kazi Habibul Awal on Wednesday said approximately 35-percent votes were cast in the third phase of Upazila Parishad polls, reports UNB.It would take a few hours to know the exact voter turnout, the CEC said at a...

Adani Group discusses further power sales to Bangladesh

FE REPORT | 2024-05-30 00:00:00

Indian conglomerate Adani Group has offered more electricity supply by expanding its existing coal power plant in Godda district of the Indian state of Jharkhand.A five-member delegation of Adani Group, led by Pranav Adani, Director of Adani Enterprises, met Finance...

MoL rejects proposal to impose 25pc duty

DOULOT AKTER MALA | 2024-05-30 00:00:00

The law ministry has rejected a customs-authority proposal to impose 25-percent duty on cars imported by the members of parliament (MPs), who are now privileged to import it duty free, officials in the revenue administration said.The National Board of Revenue...

Plea seeks probe into corruption allegations against Gen Aziz

FE REPORT | 2024-05-30 00:00:00

A petition has been filed with the Anti-Corruption Commission (ACC), for an investigation into the alleged corruption revealed in the US sanctions against former Army Chief General Aziz Ahmed.Supreme Court lawyer Md Salah Uddin Reagan filed the complaint on Wednesday.Addressing...

Stop arms race, divert funds for poverty alleviation: PM

2024-05-30 00:00:00

Prime Minister Sheikh Hasina on Wednesday urged the international community to end the arms race and instead spend the money for eradication of poverty and easing the adverse impacts of climate change, reports UNB."The money for arms development and competition...

R&D expenditure frustrating

FE REPORT | 2024-05-30 00:00:00

The annual gross expenditure on research and development (R&D) as a percentage of the country's gross domestic product (GDP) has been falling since fiscal year 2018-19. From 0.35 per cent in FY 2018-19, it fell to 0.31 per cent in...

Prayer Timings (2024-05-30)

2024-05-30 00:00:00

Syndicates mar Malaysia manpower mkt

FE REPORT | 2024-05-30 00:00:00

Manpower export to Malaysia will halt after May-31 deadline under an embargo the ASEAN nation declares for a clear-out of "illegal" migrants, including Bangladeshis. The Bangladeshi workers who have already been recruited need to reach Malaysia by this cutoff time,...

Excise duty on deposits to rise

DOULOT AKTER MALA | 2024-05-30 00:00:00

Excise duty on high-figured bank deposits may rise in the upcoming fiscal year under a government move to tax higher the well-off to narrow gaping income inequality, officials said.The VAT (value-added tax) wing of the revenue board would restructure the...