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An evidence-based approach to accelerate climate action

Atiqul Islam and Shruti Narayan | 2024-03-04 00:00:00

Bangladesh is the world's seventh most climate risk-affected country and pays an exorbitant cost of around $1 billion exacted annually by tropical cyclones and a high level of air pollution that cost 9 per cent of the country's GDP. As...

Why so many restaurants in a single building?

Neil Ray | 2024-03-04 00:00:00

The Bailey Road building that was devastated by a fire causing death to at least 46 people including all five members of a family and injuring others reportedly housed as many as eight dining facilities. Even though the origin of...

Other sides of the WTO MC13

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

What happened in Abu Dhabi, United Arab Emirates (UAE), during the last week of February is neither new nor surprising. There are several records in the past that the ministerial conference of the World Trade Organization (WTO) extended for a...

Tejgaon ramp set to open soon

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

Another ramp of the Dhaka Elevated Expressway (DEE) is ready to open any day with the expectation of an increase in traffic flow over the city's first high- speed road infrastructure from Airport to Tejgaon.The Tejgaon ramp of the country's...

Saudi co to start handling PCT of Ctg port in April

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

CHATTOGRAM, Mar 02: Patenga Container Terminal (PCT) of the Chittagong Port Authority (CPA) will start its operation under the management of a foreign operator in April this year.Red Sea Gateway Terminal (RSGT), a company of the Kingdom of Saudi Arabia...

Online portal fails to attract large individual taxpayers

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

The online tax return system could not attract the large individual taxpayers due to a lack of confidence in the portal having inadequate features.The full features that could have gained confidence of the high-income group of people in getting relief...

Little takeaways from tiresome WTO MC13

ASJADUL KIBRIA, FROM ABU DHABI | 2024-03-03 00:00:00

Graduating LDCs get little to laugh about, nor even guaranteed continuity of market-access privileges, as prolonged parleys at the WTO ministerial ended with late-night declaration encoding developed-developing divide over trade rules.Extended until midnight Friday, the 13th Ministerial Conference (MC13) of...

BO accounts rise in last 6 months for expected gains from post-polls market

MOHAMMAD MUFAZZAL | 2024-03-03 00:00:00

Investors opened a total of 46,788 new BO (beneficiary owner's) accounts in the six months through February, higher than in the previous six months, for various reasons, including optimism surrounding post-election stock market. In the previous six months to August...

Biman likely to handle ground service at HSIA

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

The ground-handling service of the third terminal of Hazrat Shahjalal International Airport is likely to be operated by Biman Bangladesh Airlines, two officials familiar with the development told the FE.According to a government plan, an international operator should be appointed...

Paving the way for future leaders

Miftahul Jannat Rifat | 2024-03-03 00:00:00

Supply Chain Alliance (SCA), a club at the Faculty of Business Studies, University of Dhaka, has recently wrapped up its flagship event 'Rookie's Inception 3.0'. Rookie's Inception is an initiative that recognises students' potential and strives to unleash their capabilities....

Crop insurance: it's long overdue

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

A recent news report highlighting the plight of Towhidul Islam, a marginal farmer in the Godagari municipal area of Rajshahi, serves as a stark reminder of the vulnerability of farmers in Bangladesh due to unpredictable weather patterns. Because of a...

Dhaka-New Delhi negotiation on CEPA to begin this year

REZAUL KARIM | 2024-03-02 00:00:00

Bangladesh and India are expected to start negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA) within this year, more likely by June next, officials have said.They said Dhaka is set to commence negotiations with its second-largest trade partner to...

WTO talks entering into sixth day!

ASJADUL KIBRIA, from Abu Dhabi | 2024-03-02 00:00:00

After extending the 13th Ministerial Conference (MC13) of the World Trade Organization (WTO) to Friday in Abu Dhabi, coupled with overnight works of the negotiators, there was an indication that it might be extended to Saturday if the negotiators couldn't...

Ctg trade fair attracts crowds as visitors seek early Eid deals

NAZIMUDDIN SHYAMOL | 2024-03-02 00:00:00

CHATTOGRAM, Mar 01: The month-long Chittagong International Trade Fair (CITF) has gained momentum in the port city after Shab-e-Barat in late February as many opt for Eid shopping in advance. Particularly on weekends, large crowds gather at the fair on...

Construction work on Bay Terminal from Oct as land dispute resolved

NAZIMUDDIN SHYAMOL | 2024-03-02 00:00:00

CHATTOGRAM, Mar 1: The commencement of work on the Bay Terminal at Chittagong Port is likely to start in October this year following the recent resolution of a dispute over transfer land.According to sources, the Chattogram district administration is allocating...

What makes celebrities is mysterious and yet so obvious

Nilratan Halder | 2024-03-02 00:00:00

Celebrities are those who can be celebrated for their popular but outstanding performances. Not all great achievers, even Nobel Prize winners are celebrities. But the Latin word celebritas which originates from celeber or celebr meaning frequented or honoured is more...

Caution needed before undertaking mega projects

Syed Fattahul Alim | 2024-03-02 00:00:00

Any new government, especially a post-poll one starting a fresh term, prepares national budget for the upcoming fiscal year in a way that reflects the election pledges of the party assuming office. The incumbent Awami League government is also learnt...

The portfolio mix approach

S M Ziaul Hoque | 2024-03-01 00:00:00

A Bangladeshi graduate entering the job market or becoming an entrepreneur to run a business after completion of education never learnt anywhere about the investment mixing for savings. Historically following the precedence approach well known as hereditary, the person goes...

After Bancassurance, now comes Integrated Insurance

Sheikh Rakibul Karim, FCA | 2024-03-01 00:00:00

Guardian Life Insurance Limited (GLIL) has emerged as a beacon of innovation and stewardship in the insurance landscape. With a firm commitment to its "Insurance for All" mission, Guardian Life has transformed the lives of half the total insured population...

Container terminals of Ctg port set to be at foreign hands

NAZIMUDDIN SHYAMOL | 2024-03-01 00:00:00

CHATTOGRAM, Feb 29: The Chittagong Port Authority (CPA) is set to lease container terminals to foreign operators with intent to forge competition among operators and make global-standard services available for port-users.Following a government decision to bring in competition among terminal...

Annual container handling capacity to rise by 30,000 TEUs next year

DOULOT AKTER MALA | 2024-03-01 00:00:00

Four new private off-docks are set to enhance the container-handling capacity of the country's largest seaport and contribute to fast delivery of export-import goods and ease port congestion.Investors in the Inland Container Depots (ICDs) said the annual handling capacity of...

Deadlock over contentious issues prolongs WTO talks

ASJADUL KIBRIA, FROM ABU DHABI | 2024-03-01 00:00:00

A decade ago, the ministerial conference of the World Trade Organization (WTO) rolled over to whole night on the last day with India virtually stalling negotiations over 'peace clause' in deal for food security, and it repeats.As such back then,...

US airman's self-immolation exposes raw sore in US policy

Nilratan Halder | 2024-03-01 00:00:00

A serviceman of the US Air Force named Aaron Bushnell epitomises the ultimate protest against the Biden administration's role in the Israeli war in the Palestinian enclave Gaza. The 25-year airman did not endorse the US support for the genocide...

Agricultural microinsurance: Need of the time

Kazi Md. Mortuza Ali | 2024-03-01 00:00:00

On March 1, 1960, Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, joined Alpha Insurance Co. Ltd. as the head of its then East Pakistan Operation. As such, the government has declared March 1 as National Insurance Day to commemorate...

State of politiconomy of Bangladesh

Abdullah A Dewan | 2024-03-01 00:00:00

The term politiconomy is coined by taking the first six letters “Politi” of the word political and stitching them to the last six letters “conomy” of the word economy, and hence the term politiconomy. It is a hybrid or fusion...

Graduating LDCs having minimal extension of trade benefits

ASJADUL KIBRIA, FROM ABU DHABI | 2024-02-29 00:00:00

Little comes out of hard bargains so far about deals on major areas like agriculture, fisheries subsidies, e-commerce moratorium and reform in dispute-settlement mechanism as the WTO ministerial nears its close.The ongoing ministerial conference of the World Trade Organization (WTO)...

Seeks WTO work programme to cut remittance cost

Asjadul Kibira, from Abu Dhabi | 2024-02-29 00:00:00

A joint communication of four South Asian nations, including Bangladesh, has been moved at the World Trade Organization (WTO) ministerial meet on demand for a work programme facilitating low-cost cross-border remittance. Bangladesh, India, Nepal and Sri Lanka submitted the demand...

Sea Pearl's bond conversion into equity hinges on ICB's stance on its conditions

MOHAMMAD MUFAZZAL | 2024-02-29 00:00:00

Sea Pearl Beach Resort & Spa has received regulatory approval of its plan to convert bonds into shares but execution will depend on if the bondholder agrees to make some concessions on conditions it placed.The company of the travel and...

Rise of unplanned urbanisation

Md Khairul Islam, Shanawez Hossain, Abdallah Naeefy, Fahim Uddin Shuvo, Ishrat Islam, Khondker Neaz Rahman, Md Akter Mahmud, Mohammad Mainul Islam, Mohammad Yunus, and Mohammed Nabinur Rahman | 2024-02-29 00:00:00

Over the recent past years, the pace of urbanisation in Bangladesh has been growing at a very fast pace. This is manifested in the increasing number of urban settlements, both large and small, and the growing number of people residing...

Consumers' rights a far cry

Atiqul Kabir Tuhin | 2024-02-29 00:00:00

In a time when the lives of ordinary people are being battered mercilessly by the skyrocketing prices of essentials as the food inflation rate has been increasing non-stop for the last 18 months, major political parties, unfortunately, are trading blame...