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Bangladesh defies odds stacked against it

Khawaza Main Uddin | 2022-04-20 00:00:00

The world broadly misses a simple truth --- Bangladesh has 170 million population, the 8th largest one, to take care of! Its people proved their resilience and it's a nation of youth bulge. What was once described as a burden...

Aid-for-Trade needs a fresh look

Wasi Ahmed | 2022-04-20 00:00:00

Since the launching of Aid for Trade programme way back in 2005 by the World Trade Organisation (WTO) at the Hong Kong Ministerial meeting, there has been an expectation that the targeted move to improve trade capacity building of developing...

Focus on an inclusive, pro-poor budget

2022-04-20 00:00:00

Admittedly, of the many devastating fallouts from the pandemic, the loss of job and job opportunity has left its lasting impact on those who have experienced it. But even though the pandemic, to all appearances, is over, those people are...

Climate science: what everyone should know

Hasnat Abdul Hye | 2022-04-20 00:00:00

C.P Snow, the renowned British writer and physicist, lamented in his bestselling book 'The Two Cultures,'(1956) about the communication gap between the scientific community and those educated in liberal arts and felt that the gap between the two should be...

BELA legal notice seeks action-plan

FE REPORT | 2022-04-19 00:00:00

A legal notice was sent to the government bodies concerned on Monday, demanding formulation of a time-bound action-plan for ensuring pollution-free status of 54 rivers across the country. Lawyer S Hasanul Banna sent the notice on behalf of the Bangladesh...

THE JOY OF EID

2022-04-19 00:00:00

Members of this small family are all smiles as one of them is trying out a new dress at a shop at the Twin Tower Concord Shopping Complex in Dhaka's Shantinagar on Monday. With one of the biggest religious festivals...

Air strikes hit western Ukraine as Russian forces mass in the east

2022-04-19 00:00:00

LVIV, April 18 (AFP) : Air strikes killed at least seven people in Ukraine's western city of Lviv on Monday, as Russia pounded targets across the country and massed forces for an expected all-out assault in the east. The air...

Lankan president expands cabinet

2022-04-19 00:00:00

COLOMBO, April 18 (Reuters): Sri Lanka's President Gotabaya Rajapaksa announced 17 new ministerial appointments on Monday - but notably left out some members of his own family in the wake of protests over the government's handling of a devastating economic...

High debt could slow countries' recoveries: IMF

2022-04-19 00:00:00

NEW YORK, April 18 (AFP): Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned Monday.Governments took exceptional measures to support their economies as Covid-19 spread two years ago, including rolling out...

36 new Covid-19 cases, 2 deaths in BD

2022-04-19 00:00:00

Bangladesh has registered 36 new cases of COVID-19 in a day, taking the overall tally of infections to 1,952,362, report agencies.The government recorded two deaths in the 24-hour count, raising the total toll from the disease to 29,126, according to...

No new roads, only elevated way in Haor region

2022-04-19 00:00:00

With flash floods devastating croplands in the northeast, the government has abandoned plans to build more roads in the Haor wetlands to ensure that water can flow uninterrupted through the region, report agencies.The decision was made at a Cabinet meeting...

Banks to remain open on April 29, 30 in industrial areas

2022-04-19 00:00:00

Banks have been asked to continue operation on April 29 and 30 to facilitate payment of garment workers' salary, Eid bonus, allowances and export-import activities, reports UNB.Bangladesh Bank (BB) gave the directive to the scheduled banks through a circular on...

833 factories yet to pay March wages until April 18

FE REPORT | 2022-04-19 00:00:00

Some 833 factories, including textile and readymade garment (RMG) units, across the country are under close monitoring by a law-enforcing agency and trade bodies, as they were yet to pay their workers' wages for March until Monday (April 18).Labour unrest...

Workers toiled 11 hrs daily in Jan: Study

FE REPORT | 2022-04-19 00:00:00

Ready-made garment (RMG) workers spent an estimated 11 hours a day in the workplace this January which, according to a latest survey, is higher than usual.Since the beginning of Covid-19, January 2022 was the busiest month for workers in Bangladesh...

WB okays $250m budget aid

FE REPORT | 2022-04-19 00:00:00

The World Bank (WB) on Monday confirmed US$250 million, the first tranche of its assured budget support worth $500 million for Bangladesh, to be spent for Covid recovery programmes.Economic Relations Division (ERD) Secretary Fatima Yasmin and Acting Country Director of...

Briefing 19-04-2022

2022-04-19 00:00:00

DSEX sinks below 6500 mark on panic salesThe prime index of Dhaka Stock Exchange (DSEX) slumped below 6,500 mark on Monday after six weeks amid persistent liquidity shortage and confidence crisis among investors. Market insiders said the jittery investors went...

Sehri, Iftar & Prayer Timings (2022-04-19)

2022-04-19 00:00:00

BB fixes interest rates for NBFIs

2022-04-19 00:00:00

Bangladesh Bank has fixed the interest rate at minimum 7.0 per cent on deposits and maximum 11.0 per cent in lending for non-bank financial institutions (NBFIs), like banks, reports UNB. The central bank issued a notification on Monday in this...

This brokerage house

2022-04-19 00:00:00

This brokerage house in the Motijheel area of Dhaka sees very poor participation of investors who usually crowd the place monitoring share-price movements. The investors lost their confidence in the market as Dhaka stocks slumped for a second consecutive day...

Global suppliers scramble for deals with Bangladesh

M AZIZUR RAHMAN | 2022-04-19 00:00:00

Global suppliers are eyeing a burgeoning Bangladesh fuel market and scrambling for long-term supply deals, either by lobbying government high-ups or through competitive biddings, market-insiders say.But energy experts and stakeholders opine that the government should float international tender inviting the...

Regulator orders suspending 15 operators amid market volatility

Mohammad Mufazzal | 2022-04-19 00:00:00

The securities regulator Monday asked nine brokerages to suspend their 15 trading operators for executing their clients' sale orders sans mentioning any market price of the securities--at a time when bourses suffer volatility.In an order, officials said, the Bangladesh Securities...

Revert to Advance Trade VAT

DOULOT AKTER MALA | 2022-04-19 00:00:00

A reform panel recommends reinstating the once-discarded Advance Trade VAT (ATV) that taxes products at both ends -- production and import -- and refuses refund. Sources say if this system is re-imposed through the upcoming budget, in an avowed bid...

Weather (2022-04-19)

2022-04-19 00:00:00

Rain/thunder shower with intense lightning flashes accompanied by temporary gusty/squally wind is likely to occur at a few places over Mymensingh and Sylhet divisions, at one or two places over Rangpur and Rajshahi divisions until 6:00pm today (Tuesday), according to...

BSMMU VC warns against excessive use of antibiotics

2022-04-19 00:00:00

Bangladesh will face greater health crisis than that of Covid-19 due to antibiotics resistance by 2050, warned Prof Dr Md Sharfuddin Ahmed, vice chancellor of Bangabandhu Sheikh Mujib Medical University (BSMMU) on Monday, reports UNB.The number of deaths caused by...

UGC asks Britannia univ to stop new admissions over anomalies

2022-04-19 00:00:00

The University Grants Commission (UGC) directed on Monday Britannia University, Cumilla to stop admitting any new students under any of the varsity's dubious academic programmes, reports UNB.A notice, signed by Md Omar Faruque, Director of the Private University Division of...

'Principles of Marketing-Practices and Applications in Bangladesh'

2022-04-19 00:00:00

Vice Chancellor of North South University Prof Atiqul Islam, among others, holding the copies of two books titled 'Principles of Marketing-Practices and Applications in Bangladesh' by Dr Tamgid Ahmed Chowdhury and 'Cases on Marketing-Perspectives from Bangladesh', a collaborative publication by...

Air Chief Marshal Shaikh Abdul Hannan exchanging pleasantry with Kilo Flight members

2022-04-19 00:00:00

Chief of Air Staff Air Chief Marshal Shaikh Abdul Hannan exchanging pleasantry with Kilo Flight members and valiant freedom fighters of Bangladesh Air Force at an Iftar party hosted in their hounour at BAF Base Bashar in the city on...

Drive warning bus operators through loudspeaker

2022-04-19 00:00:00

An official from Directorate of National Consumer Rights Protection in a drive warning bus operators through a loudspeaker not to charge passengers extra fares during Eid journeys. The picture was taken from the city's Gabtoli bus terminal on Monday —...

DNCRP fines firms Tk 0.85 million

FE REPORT | 2022-04-19 00:00:00

The Directorate of National Consumer Rights Protection (DNCRP) on Monday cracked down on 163 business entities in Dhaka and elsewhere in the country and realised fines worth Tk 0.85 million.Several entities in the capital's Shyamoli, Kaptanbazar, Kalmilatabazar and Kalyanpurbazar, and...

89pc Cabinet decisions implemented until Mar

2022-04-19 00:00:00

Some 89 per cent decisions taken by the Cabinet from January 2019 to March 2022, have been implemented, while the implementation of remaining 11 per cent is underway, reports UNB. The Cabinet took a total of 748 decisions during the...