MUNIMA SULTANA | 2024-01-04 00:00:00
A smokescreen cloaks company dilly-dallying as commuters wonder why Dhaka metro rail is not operated full time despite the opening of all its stations now. One obvious reason ostensibly is a state of confusion getting confounded among overlapping authorities over...
BABUL BARMAN | 2024-01-04 00:00:00
As opposed to the main market, the market capitalisation of DSE's SME platform jumped 55 per cent year-on-year to Tk 24.60 billion in the just-concluded calendar year, driven by an abnormal price surge of Himadri and inclusion of new companies.Besides,...
MUNIMA SULTANA | 2024-01-04 00:00:00
Bangladesh and Denmark are set to start negotiations soon to construct the Laldia Container Terminal at Chattogram port under a public-private partnership (PPP) model. This follows a successful first platform meeting between the two governments.Officials confirmed that the Chittagong Port...
Syed Badrul Ahsan | 2024-01-04 00:00:00
Our sense of nostalgia often makes us travel back to the past, to what was and what will not be again. As we step into the year 2024, those of us who were in school in 1964 and sixty years...
DOULOT AKTER MALA | 2024-01-03 00:00:00
Luxury-car imports tripled year on year in 2023 by official count, notwithstanding foreign-exchange crunch facing Bangladesh and resultant curbs imposed on import of non-essential items to navigate financial crisis.Country's gross forex reserves dipped to around US$ 27 billion as on...
BABUL BARMAN | 2024-01-03 00:00:00
The newly-listed securities saw a remarkable price surge in 2023, as opportunist investors chased after these stocks in anticipation of quick gains.In 2023, two firms and a mutual fund got listed in the main market of the Dhaka Stock Exchange...
MOHAMMAD MUFAZZAL | 2024-01-03 00:00:00
Many companies were already at an elevated level on the Dhaka Stock Exchange when the regulator imposed the price movement restriction on all stocks in July 2022, staving off any correction of those securities. For example, Monno Fabrics shot up...
IPSHITA MALIAT RAHMAN | 2024-01-03 00:00:00
Imagine waking up to the sharp wails of an unfamiliar rectangular box. For a moment, you remember falling into a peaceful slumber on a rainy afternoon in the early 2000's. You hurriedly wake up thinking you missed your favourite TV...
Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Towfiqul Islam Khan, Muntaseer Kamal, and Syed Yusuf Saadat | 2024-01-03 00:00:00
As a share of Gross Domestic Product (GDP), the country’s major public finance correlates were lower than the previous year. According to data from the Ministry of Finance (MoF), the revenue-GDP ratio of 8.2 per cent in FY2023 fell short...
Farzal Muyid | 2024-01-02 12:00:00
Dengue, a vector-borne disease that usually appears in wet monsoon, especially during the months from June to September has evidently changed its behaviour in Bangladesh. For it is still raging during the unlikely season of winter with reports of hospitalisation...
NAZIMUDDIN SHYAMOL | 2024-01-02 00:00:00
CHATTOGRAM, Jan 01: The Mohiuddin Chowdhury Elevated Expressway, the longest elevated expressway in the country, is set to be partially opened for traffic this month (January) after being officially inaugurated in November 2023 by Prime Minister Sheikh Hasina via video...
SYFUL ISLAM | 2024-01-02 00:00:00
Bangladesh will seek more flexible entry and exit points for its citizens across the border with India as the two neighbouring countries prepare to renew their bilateral Revised Travel Arrangement (RTA) this month. Under the current arrangement, established in 1972,...
BABUL BARMAN | 2024-01-02 00:00:00
A 3.87 percentage point rise in foreign investors' stake in Olympic Industries in 2023 fuels curiosity because the biscuit maker drew investment at a time when local currency devaluation and floor price halved overall turnover in foreign portfolios. The liquidity...
Syed Fattahul Alim | 2024-01-02 00:00:00
With fast-depleting reserves of non-renewable sources of energy, Bangladesh's power sector's dependence on imported fuel is increasing. Of late, imported coal and Liquefied Natural Gas (LNG) are becoming the driver of the country's power generation regime based on non-renewable fossil...
REZAUL KARIM | 2024-01-01 00:00:00
Bangladesh Petroleum Corporation (BPC) would soon get released a loan of US$ 125 million from the International Islamic Trade Finance Corporation (ITFC) under an annual lending programme to facilitate importing petroleum products.The state-run entity has recently requested the Energy and...
Ismail Hossain | 2024-01-01 00:00:00
Mobile telecom network expanded significantly in the outgoing year 2023 as well as leapfrogged to transforming from mere mobile network operators (MNOs) to telco-tech or digital service provider in comparison to the previous year.Despite the challenging macro-economic situation, currency devaluation,...
Mohammad Mufazzal | 2024-01-01 00:00:00
The block board contributed more than 10 per cent to the annual market turnover featured by the Dhaka bourse in 2023, as it offered the scope of offloading shares at lower than floor prices.The Dhaka Stock Exchange (DSE) posted a...
Neil Ray | 2024-01-01 00:00:00
The New Year on the Gregorian calendar is welcomed with the clock striking midnight sharp. It is because, unlike the counting of a day at dawn when the sun rises in this part of the world, the West considers the...
Babul Barman, Mohammad Mufazzal and Farhan Fardaus | 2023-12-31 00:00:00
Equity-based securities worth 60 per cent of the total stock market value have remained trapped on the floor this year. The lowest stock prices set in July last year to avert free fall of the index made the market suffer...
Asjadul Kibria | 2023-12-31 00:00:00
There is a misperception that any price increase is inflation, so there is a tendency to compare the inflation rate with the increased prices of various commodities. The rise in the prices of several commodities is not inflation, although the...
Ismail Hossain | 2023-12-30 00:00:00
The telecom regulator BTRC has made a move to bring discipline in the management of Social Obligation Fund (SOF). To this effect, several steps have been taken including closing multiple accounts at multiple banks in this fund and opening a...
REZAUL KARIM | 2023-12-30 00:00:00
To run subsidised commodity drives smoothly, Bangladesh is set to import key food items from sanction-hit Russia under a government-to-government (G2G) arrangement, according to official sources. To establish a framework for this trade, both countries are expected to finalise a...
Nilratan Halder | 2023-12-30 00:00:00
Perception of things varies depending on one's position and place. The most striking appearance that is so deceptive on a regular basis is how we see the Sun. What we call sunrise and sunset gives the impression that the glowing...
DOULOT AKTER MALA | 2023-12-29 00:00:00
Permanent access to Bangladesh's major seaports granted for India for transit trade lies as a lame duck as traders of the neighbouring country opted for cheaper way to reach their landlocked northeastern states, sources say.Although they have completed four trial...
BABUL BARMAN | 2023-12-29 00:00:00
The stock market passed yet another gloomy year as the prevailing 'floor price' restrictions rendered the entire market illiquid and shattered investor confidence amid ongoing economic challenges.The bleak market conditions were exacerbated by the deterioration of macroeconomic indicators, driven by...
Asjadul Kibria | 2023-12-29 00:00:00
There aren’t two words about the fact that Mirza Ghalib is the most famous and popular Urdu poet of all time in the world, and it is widely believed that he took Urdu to the zenith of glory. Being a...
Nilratan Halder | 2023-12-29 00:00:00
The majority of peoples the world over are growing euphoric, as they do with the drawing of a year to a close, to welcome the New Year 2024 expecting good tidings from it leaving behind backlogs and building up on...
Ismail Hossain | 2023-12-28 12:00:00
The Insurance Development and Regulatory Authority (IDRA) has formulated draft guidelines to protect policyholder interests, mandating the resolution of grievances and complaints within a maximum of 90 days.The guidelines say that upon receiving complaints through IDRA's Integrated Grievance Management System,...
Doulot Akter Mala | 2023-12-28 00:00:00
The customs authorities have tightened its grip on capital machinery import tagging a new condition of financial record keeping by the manufacturers following abuse of the concessionary duty facility.From now on, manufacturers will have to maintain books of accounts to...
Nazimuddin Shyamol | 2023-12-28 00:00:00
CHATTOGRAM, Dec 27: Chittagong Port maintained its membership in the prestigious 'Three Million Club' for 2023, with officials reporting container throughput reaching 3.1 million twenty-foot equivalent units (TEUs). This marks a quite consistent track record for the port, which handled...
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