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Govt set to go for 60/70 grade bitumen in road construction

Syful Islam | 2018-07-18 00:00:00

As part of sustainable road construction, the government has decided to use only 60/70 grade bitumen while ensuring its longevity, officials said.The 60/70 grade bitumen is being regarded as appropriate penetration grade taking into consideration the weather pattern and traffic...

New irrigation technology can save costs

Sarwar Md. Saifullah Khaled | 2018-07-18 00:00:00

Irrigation is difficult in Bangladesh due to scarcity of necessary and sufficient surface water required for the purpose. As a result, farmers across the country have to depend increasingly on underground water irrigation method. But excessive use of underground water...

The significance of Mandela Day

Kamal Uddin Ahmed | 2018-07-18 00:00:00

Nelson Mandela International Day (or "Mandela Day") is celebrated on July 18 every year. On this day Mandela was born in South Africa in 1918. He would have turned exactly 100 years this year.The United Nations declared "Mandela Day" on...

China sees stable employment growth

Li Xinping from People's Daily | 2018-07-18 00:00:00

Some 6.13 million urban jobs were added in China between January and May this year, a good momentum driven by the country's growing economic aggregate and optimized economic structure, said a spokesperson with the Ministry of Human Resources and Social...

Reviving Dhaka through eastward expansion

Helal Uddin Ahmed | 2018-07-18 00:00:00

As one of the foremost urbanisation experts Jane Jacobs (1992) pointed out, creative and workable cities have been at the core of flourishing and prosperous societies. Households and firms become more productive when they concentrate in cities, and this in...

BFSA to launch awareness campaign

Talha Bin Habib | 2018-07-17 00:00:00

The Bangladesh Food Safety Authority (BFSA) will launch an awareness campaign among the consumers on buying disease-free cattle on the occasion of upcoming Eid-ul- Adha, officials said. Under the move, the food safety authority will set up stalls with the...

Muhith seeks info on state of banks

Rezaul Karim | 2018-07-17 00:00:00

Finance Minister AMA Muhith has sought detailed and updated information about the country's scheduled banks. Mr Muhith asked the senior secretary of the Financial Institutions Division (FID) to take necessary action to ensure availability of the information he has sought.The...

Bidding for Laldia terminal by July

Syful Islam | 2018-07-17 00:00:00

The bidding for the construction of Laldia multi-purpose terminal in Chattogram will take place by this month, officials said.To this end, the Public-Private Partnership Authority (PPPA) has recently prepared the request for proposal (RFP).Once the bidding is completed, the design...

NBR certificate must to get DTAA benefit

Doulot Akter Mala | 2018-07-17 00:00:00

Taxpayers will require obtaining clearance certificate from the National Board of Revenue (NBR) for getting any tax benefit under the Double Taxation Avoidance Agreement (DTAA).Different companies, organisations, individuals or foreign investors will have to obtain the certificate from the NBR's...

Govt's revenue from capital market falls 7.61pc in FY'18

Mohammad Mufazzal | 2018-07-17 00:00:00

The government's revenue earnings from the capital market declined 7.61 per cent or Tk 312.70 million in the just concluded fiscal year (FY 2017-18) compared to the previous FY.The earnings declined mainly due to reduced turnover value registered by both...

France win the final, Croatia win the hearts

Maswood Alam Khan | 2018-07-17 00:00:00

Congratulations to France for winning the trophy, 20 years after their first world title, with great players and bright future! They've impressed throughout the tournament. Their defenders, midfielders and forwards have all risen to the occasion. Their 'Dear' Didier Claude...

Skills mismatch in new industrial frontier

Mohammad Nazmul Avi Hossain | 2018-07-17 00:00:00

Globally, there is an ongoing discussion that skills and education do not reflect the demand of the job sector in the economies of developing countries. In an era of technological revolution, the nature of jobs is oriented towards an increasingly...

More emphasis on nutrition

Abdul Bayes | 2018-07-17 00:00:00

Statistics show Bangladesh has of late made remarkable improvement in the field of nutrition but child malnutrition still poses a serious problem. The proportion of stunted children was 60 per cent in 1996-97 which declined to 41 per cent in...

Jawad wins gold at IMO

Neil Ray | 2018-07-16 00:00:00

Like any other examinee of the higher secondary examination this year, Ahmed Jawad Chowdhury of Chattogram English School and College is looking forward to the results to be published after a couple of days. But unlike others of his batch,...

About data on outflow of workers

Shamsul Huq Zahid | 2018-07-16 00:00:00

The Kingdom of Saudi Arabia (KSA), since the beginning of 2017, saw the biggest ever outflow of expatriate workers. More than 667,000 workers have left the country so far, the Financial Times (FT) said last week, quoting the government data....

The curtain on Russia World Cup 2018 falls

Maswood Alam Khan | 2018-07-16 00:00:00

Chances were created by England, but Belgium put the kibosh on those chances. Opportunities were made for more goals, but goalkeepers of both sides stood in the way. It was impressive to see how both countries strained weary legs and...

NHFIL registers steady growth in last five years

Mohammad Mufazzal | 2018-07-15 00:00:00

National Housing Finance and Investments Limited (NHFIL) registered a steady growth in net profit during last five years, facilitating it to pay dividend at an incremental rate over the period. The operational income rose gradually during the years from 2013...

World Cup passion: When football is in DNA

Maswood Alam Khan | 2018-07-15 00:00:00

A great many rumours are in circulation that a reputed event management company is trying to arrange an international football tournament in Bangladesh where Brazil and Argentina may be invited to participate in. Bangladesh football has no mentionable place in...

BR fails to find consultant to amend its 128-yr law

Munima Sultana | 2018-07-14 00:00:00

Bangladesh Railway (BR) is yet to upgrade its century-old law that would help ensure orderly operation of trains for 'not getting competent consultants'.Sources said the BR has invited expression of interest (EoI) thrice, but it is yet to get any...

New exportables up for cash incentives

Rezaul Karim | 2018-07-14 00:00:00

New eligible traditional and non-traditional export items are going to get cash incentive/subsidy this fiscal year (FY), 2018-19, sources said.The government has made the initiative to bring new potential and diversified items under the facility with an intent to boost...

Move to ban import of recycled lube oil

Syful Islam | 2018-07-14 00:00:00

The government has moved to ban the import of recycled lube oil and lube base oil, given their damaging effects on the vehicular engines and the environment.In a letter on Sunday, the energy division requested the ministry of commerce (MoC)...

BD eyes global halal meat market

Talha Bin Habib | 2018-07-14 00:00:00

With the global halal economy booming, public and private-sector stakeholders have made a move to increase halal meat exports abroad, according to sector insiders.The fisheries and livestock ministry has already urged Brazil to invest in halal meat products in Bangladesh...

Changing the financial year

Shafiq Alam | 2018-07-14 00:00:00

Moving the financial year from existing July-June to a more suitable 12-month timeline has gradually been gaining support. The development momentum of the country combined with rapid growth in allocations of the government's annual development programme (ADP) is placing more...

Making the most of 'blue economy'

Helal Uddin Ahmed | 2018-07-14 00:00:00

Following the resolution of maritime boundary disputes with neighbours Myanmar and India, the Government of Bangladesh expressed its intention in 2014 to use the sea resources as a key ingredient of future economic growth. However, a comprehensive plan is yet...

The travails of Bangladeshi air travellers

M Serajul Islam | 2018-07-14 00:00:00

A great many of us Bangladeshis travel to the United States quite frequently. Many of us have daughters or sons or both and their families there. Thus notwithstanding the fact that the body says no to such long travel, the...

Family planning: Challenges loom large on the horizon

Abdul Bayes | 2018-07-14 00:00:00

Nobel Laureate economist Amartya Sen in one of his writings said, "It took the world population millions of years to reach the first billion, then 123 years to get to the second, followed by 33 years to the third, 14...

Room for diversifying banking products

Md. Mazadul Hoque | 2018-07-14 00:00:00

Nearly a dozen lenders are operating in the country based on the Shariah principle alongside conventional banking. They are thus making their additional contribution to the growth of the country's Gross Domestic Product (GDP). This is resulting in employment generation...

Where footballing spirit and life's endeavour find a meeting point

Nilratan Halder | 2018-07-14 00:00:00

When Mario Fernandes's equaliser only four minutes before extra time kept alive host Russia's chance of an unexpected semi-final berth in the World Cup, the goal scorer became an instant hero and celebrity. It sent the Russian fans into wild...

June net amount balloons as ADP execution revs up

Siddique Islam | 2018-07-13 00:00:00

The government's net borrowing from the banking system marked an abrupt jump in the last week of June, driven by demand from development projects.Such borrowing was at a negative level, amounting to Tk 66.63 billion as on June 21 but...

Monno Ceramic to double production capacity

Babul Barman | 2018-07-13 00:00:00

Monno Ceramic Industries, a flagship company of Monno Group, is set to modernise its factory for doubling the production capacity, officials said.As part of the modernisation, the company is importing 100 per cent brand new Biscuit Firing Roller Kiln from...