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Payra port signs deal with Belgian company on capital dredging today

Talha Bin Habib | 2019-01-14 00:00:00

A Belgian company will provide Tk 86.43 billion for capital dredging of the Payra Port's main channel to ensure smooth operational activities of the port, officials said.An agreement to this effect will be signed between the Payra Port Authority (PPA),...

National kite flying festival

Neil Ray | 2019-01-14 00:00:00

On Friday last Dhaka witnessed a special treat at Suhrawardy Udyan. A kite flying festival was held in the sparse open space of the historically important venue. Multicolour kites of various shapes and sizes with attractive names flew high in...

RMG wage deserves serious attention

Shamsul Huq Zahid | 2019-01-14 00:00:00

It is rather unfortunate that all the relevant parties are yet to find a decent mechanism to fix wages for workers employed in the apparel industry, the largest and the most important export earner for the country. Barring the readymade...

'There's a lot more climate finance available than people think'

Yazeed Kamaldien in Cape Town, South Africa | 2019-01-14 00:00:00

While growth in the green economy looks promising, government regulation and a business-as-usual approach are among the hurdles inhibiting cleaner energy production.Dr. Frank Rijsberman, director-general of the Global Green Growth Institute (GGGI), believes shifts are needed to realise more projects....

United Power Generation witnesses steady growth

Mohammad Mufazzal | 2019-01-13 00:00:00

United Power Generation & Distribution Company (UPGDC) posted a steady growth in dividend disbursement in last few years.During the period, the company's earnings per share (EPS) also rose moderately.The UPGDC, formerly known as Malancha Holdings began operation for ensuring uninterrupted,...

Move on to import raw sugar for first time

Rezaul Karim | 2019-01-13 00:00:00

The government has made a move to import raw sugar to boost its stock, for the first time, to address huge shortages of the sweetener, officials said.Abul Rafique, chief of personnel and secretary of Bangladesh Sugar and Food Industries Corporation,...

Dynamics of One Belt One Road

Muhammad Abdul Mazid | 2019-01-13 00:00:00

The Kunming Initiative, which is known as "BCIM (Bangladesh-China-India-Myanmar) Economic Connectivity Forum for Regional Cooperation" began its journey in August 1999 in Kunming, capital of China's southwestern province of Yunnan. After 14 years of intense dialogue, today BCIM Forum has...

The Rohingya - the forgotten genocide of our time

Leila Yasmine Khan in Amsterdam and Daud Khan in Rome | 2019-01-13 00:00:00

AMSTERDAM/ROME, Jan 9 2019 (IPS) - The Rohingya are a minority community living in Rakhine State in Myanmar. The Muslim Rohingya are considered intruders into Buddhist Myanmar – illegal immigrants from bordering Bangladesh. They have been always discriminated against, looked...

RHD, BBA show poor performance

Munima Sultana | 2019-01-12 00:00:00

Roads and Highways Department (RHD) and Bangladesh Bridge Authority (BBA) have showed poor performance among three agencies involved in developing bus-based mass transit corridor from Airport to Gazipur.Sources said Local Government Engineering Department (LGED) which is responsible for developing bus...

Visitors flock to DITF

Talha Bin Habib | 2019-01-12 00:00:00

Dhaka International Trade Fair (DITF) 2019 saw a large number of visitors on Friday even though many stallholders are yet to complete their decoration works. Visiting the fair venue, the FE correspondent found that different business organisations were still decorating...

Finance div turns down ACC proposal

Syful Islam | 2019-01-12 00:00:00

Finance division has turned down a proposal to include the staffers of private insurance companies as 'public servants', sources said.The Anti-Corruption Commission (ACC) earlier proposed to include them as public servants by amending the Insurance Act 2010 to bring them...

Stocks keep marching higher

Babul Barman | 2019-01-12 00:00:00

Stocks witnessed yet another bullish week that ended on Thursday, as enthusiastic investors continued to pour money into stocks amid improved market sentiment.On a week-on-week basis, DSEX, the prime index of the Dhaka Stock Exchange (DSE), jumped 206.83 points or...

Attar makers face manifold problems

Saif Uddin back from Moulvibazar | 2019-01-12 00:00:00

Higher gas tariff, suspension of new connections of gas and poor implementation of government policies are holding back the potentials of country's attar manufacturing sector, insiders have said.Besides, delay in obtaining certification from forest officials and discrepancies in export related...

Predicament of landslide electoral victory

Abdur Rahman Chowdhury in Falls Church, Virginia, USA | 2019-01-12 00:00:00

The ruling Awami League scored a landslide victory in the last election. It won 259 seats in the house of 300. Bangladesh Nationalist Party (BNP), the principal opposition party, won six seats. Jatiya Party (JP), a component of the ruling...

Challenges before finance minister

Abdul Bayes | 2019-01-12 00:00:00

A warm and hearty welcome to newly appointed Finance Minister (FM) AHM Mustafa Kamal. He takes over from Abul Mal Abdul Muhith who ably steered the economy for the past decade through thick and thin. Minister Mustafa Kamal seemingly has...

An anthropological study

Muhammad Rakibul Islam | 2019-01-12 00:00:00

When talking about discrimination, usually the topic that is widely discussed and studied is racism or the practice of discrimination of people based on race. In the Indian subcontinent what is more widely popularised as a major socio-cultural practice and...

Story of a maize man

Nilratan Halder | 2019-01-12 00:00:00

His presence is ubiquitous at street corners, on the pavement of shopping malls or any busy spots of the city. The afternoons and evenings are the most propitious time for him. His business roars with the sun setting in the...

RHD needs addl Tk 55b in RADP

Munima Sultana | 2019-01-11 00:00:00

The Roads and Highways Department (RHD) of the government is seeking an additional allocation of Tk 55 billion (5,500 crore) in the Revised Annual Development Programme (RADP).Sources said it was seeking 73 per cent of the additional fund for a...

59.59pc rise in fuel oil import takes expenses to $22b

Siddique Islam | 2019-01-11 00:00:00

Bangladesh's import expenses crossed US$22 billion in the first five months of the current fiscal year (FY), 2018-19, following a 59.59 per cent increase in fuel oil import, officials said.The actual import in terms of settlement of letters of credit...

17 companies end up in 'Z' category in two years

Mohammad Mufazzal | 2019-01-11 00:00:00

A total of 17 listed companies were downgraded to 'Z' category, meant for worst-performing enterprises, in the last two years. They were downgraded from the best- and medium-performing categories for not recommending dividends or not being in operation for more...

Launch of Bangabandhu-1 satellite: From Mujib to Sajeeb

Shafiul Alam | 2019-01-11 00:00:00

With its GDP growth rate at 7.86 per cent in the last 2017-18 fiscal year and per capita income hitting US$1,751, Bangladesh is now a befitting riposte, before the world, to the infamous criticism of its being 'a bottomless basket'....

Wasting public fund on sick SoEs

Shamsul Huq Zahid | 2019-01-11 00:00:00

It would be yet another example of wasting taxpayers' money on a sick state-owned enterprise (SoE). A move, according to a report published in the last Wednesday's issue of the Financial Express, is on to spend nearly Tk 9.0 billion...

Does economy refute theory of development paradox?

Nilratan Halder | 2019-01-11 00:00:00

Bangladesh has moved up 16 places on the World Economic League Table (WELT) over the past six years alone to be ranked the 43rd largest economy in the world. In South Asia it is second only to India. The Centre...

Updating profile to attract employers

Ibrahim Kamrul Shafin | 2019-01-10 12:00:00

With about 500 million users across the globe, LinkedIn provides networking opportunity for professionals to connect and evolve. In most cases, creating a profile and leaving it there is not enough to attract desired recruiters to offer a job. It...

BB report suggests better watch, risk management

Siddique Islam | 2019-01-10 00:00:00

The central bank has emphasised improving financial intermediation efficiency by reducing the amount of classified loans in the banking system through better supervision and risk management."….improving financial intermediation efficiency by reducing stressed asset in the banking system would require continued...

BD seeks to boost trade ties with Australia

Talha Bin Habib | 2019-01-10 00:00:00

Bangladesh will seek Australian cooperation in exploring natural gas, coal and other sectors during a trade conference in Sydney in April, officials said.The Bangladesh embassy in Canberra has informed commerce ministry of an 'Australia-Bangladesh Trade Conference 2019' from April 16...

Steps to kick-start your digital marketing career

Nabila Anzum | 2019-01-10 00:00:00

The concept of above the line (ATL) and below the line (BTL) marketing are well on its way to becoming archaic. The new battleground for the consumers' attention is the digital media. At first, it may seem easier. Indeed, digital...

Climate change: Complex challenges for agriculture

Peter Lüthi in Zurich, Switzerland | 2019-01-10 00:00:00

The unusually hot summer of 2018 showed that climate change affects a central part of our lives: agriculture. The severe drought in Liechtenstein led to large losses in the hay harvest.In countries of the Global South, the consequences of climate...

Where have all the safe havens gone?

Benjamin J. Cohen in California | 2019-01-10 00:00:00

With equities slumping, exchange-rate volatility increasing, and political risks intensifying, financial markets around the world have hit a rough patch. During times like these, international investors generally grow cautious and prioritise safety over returns, so money flees to "safe havens"...

Human resource development: Focus on the youth

Helal Uddin Ahmed | 2019-01-10 00:00:00

Belonging to the age-group of 15-30 years, the youths constitute around one-third of Bangladesh's total population. The youths are a strategic segment of the country's population and organised youths can bring about critical changes to society and economy. Historically, youths...