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Determining the price of a new product?

Md. Tajul Islam | 2023-09-19 00:00:00

Pricing is a fundamental element of any business strategy, playing a pivotal role in determining a company's success or failure. It's not merely about assigning a number to a product or service; pricing is a complex and strategic decision that...

Benefits of sending LCL import cargos outside port area

Mohammed Abdullah Jahir | 2023-09-19 00:00:00

A modern port is one which handles only containers not the bulk cargoes. This means that the port only discharges, loads, receives, and dispatches containers but not the bulk goods. A port always needs to try to improve the container...

S'pore wants to build Ctg Bay Terminal

NAZIMUDDIN SHYAMOL | 2023-09-18 00:00:00

CHATTOGRAM, Sept 17: Singapore has shown interest to build the Chittagong Port Bay Terminal. The country wants to operate the terminal for next 30 years after building it. Chittagong Port Authority (CPA) Chairman Rear Admiral Mohammad Sohail said, "Many countries...

BRT coridor opening unlikely before polls

MUNIMA SULTANA | 2023-09-18 00:00:00

Opening of the country's first dedicated bus corridor from Gazipur to Airport is unlikely to be possible before the upcoming general election, as expected by the government, due to complexities in selecting a company to procure buses for its operation.Moreover,...

No law to compensate investors defrauded by stock brokers

BABUL BARMAN & FARHAN FARDAUS | 2023-09-18 00:00:00

No regulatory authority in Bangladesh is obliged by law to provide any remedy if a brokerage firm siphons off clients' money or assets. That is the reason why investors have not yet been paid back even three to four years...

A boy's unsuccessful attempt to fly

Neil Ray | 2023-09-18 00:00:00

Any inquisitive child is likely to wonder how a bird floats on the air with its fragile feathery wings while s/he cannot despite his/her stronger arms. This inquisition has seen its fulfilment and disappointment in the mythical story of Icarus...

Microplastics a potential public health issue

Syed Fattahul Alim | 2023-09-18 00:00:00

A study on the presence of microplastics in salt from 12 salt-producing sites in the Cox's Bazar and Chattogram districts came up with results that are concerning. Plastics are manmade polymeric materials of organic origin with the property that it...

Padma Bridge eats up major earnings from ferry services

SYFUL ISLAM | 2023-09-17 00:00:00

State-run Bangladesh Inland Water Transport Corporation (BIWTC) has sought an increased subsidy of Tk 4.9 billion to meet expenditure as its earnings fell substantially following inauguration of the Padma Bridge.The ferry services of Mawa-Banglabazar route have been suspended after the...

Square Pharma eyes business boom, concentrating on local market

Mohammad Mufazzal | 2023-09-17 00:00:00

Square Pharmaceuticals will be concentrating its strength on catering to the local demand for drugs, keeping in mind two main factors -- quality and availability, said the company's Managing Director Tapan Chowdhury.The drug manufacturer, which expanded its market share to...

Institutions and ICT: people’s perception

Abdul Bayes | 2023-09-17 00:00:00

There is an avalanche of literature arguing that "cross-country empirical analyses, in combination with micro-level studies, provide strong support for the overwhelming importance of institutions in predicting the level of development in countries around the world. Protection of property rights,...

Addressing the barriers to FTA

Asjadul Kibria | 2023-09-17 00:00:00

Bangladesh's eagerness to sign free trade agreements (FTA) with various trade partners is known. To recover the erosion of preferences like duty-free quota-free market access in the post-LDC era, signing bilateral and regional FTAs is now critical. The policymakers also...

Enhanced role of trade in climate action underlined

ASJADUL KIBRIA, FROM GENEVA | 2023-09-16 00:00:00

Despite some limitations, trade can play a pivotal role in helping countries address the challenges of climate change and promote a sustainable future.The most critical thing is to devise strategies and ways to "make trade an enabler of a better...

5G ambitions falter as local smartphone production falls

ISMAIL HOSSAIN | 2023-09-16 00:00:00

Although mobile phone manufacturing in the country tripled in July this year compared to May, local phone makers saw smartphone productions plummet - putting Bangladesh's much-celebrated entry into the fifth-generation (5G) era in question.The share of smartphone production dropped a...

Yet another fire: This time Krishi Market suffers the worst

Nilratan Halder | 2023-09-16 00:00:00

A devastating fire at Krishi Market, Mohammadpur has reduced 217 out of 317 shops to ashes. This is, however, official estimate of the registered shops. The unofficial count puts the total number of shops to more than 500 and of...

Comprehensive policy on EVs in the making

MUNIMA SULTANA | 2023-09-15 00:00:00

After publishing the electric motor vehicle registration and operation policy early this year, the government now moves to formulate a comprehensive policy for setting the ground for EVs - aiming at those to replace the country's 30 per cent of...

Standards harmonisation imperative for greener garment industry

ASJADUL KIBRIA, FROM GENEVA | 2023-09-15 00:00:00

As fashion giants are imposing varied standards and requirements for clothing manufacturers and exporters in the developing countries, including Bangladesh, it impedes making factories environment-friendly and sustainable in transition process.In this connection, trade experts argue that there should be some...

Revenue authority frequently mends legal loopholes

DOULOT AKTER MALA | 2023-09-15 00:00:00

Concerns from both ends over implementation of a new income-tax law prompt government's revenue authority to make frequent changes to its incongruous provisions, like taxing private provident fund at corporate-tax rate.In another instance of what is now deemed as a...

Signs of refund appear as DSE looks to finalise ownership transfer deal

BABUL BARMAN and FARHAN FARDAUS | 2023-09-15 00:00:00

Four years after investors lost assets to fund embezzlement by Shah Mohammad Sagir & Company, the Dhaka bourse took a move to settle claims. Now, the clients of the brokerage firm, who fell victim to its fraudulent activities, may hope...

The cost of pollution Bangladesh cannot afford

Nilratan Halder | 2023-09-15 00:00:00

Each successive study on the state of pollution in Bangladesh is exposing a new and graver dimension of pollution in this densely populated country. The veracity of these authoritative studies is unquestionable. Lately, the first to come is the disconcerting...

AI to 'determine course of global trade, jobs' in near future

ASJADUL KIBRIA, from GENEVA | 2023-09-14 00:00:00

Generative Artificial Intelligence (AI) and ChatGPT will be a big issue in near future to determine the course of trade and jobs. So it is critical for the countries, especially the developing nations, to understand the fast changing issue. An...

Bangladesh's digital services export outpacing merchandise trade growth

ASJADUL KIBRIA, FROM GENEVA | 2023-09-14 00:00:00

Bangladesh's digital services export is outpacing traditional goods shipment although the country's overall digitally generated services sector still stays nascent and needs policy push to unlock potential.The World Trade Report 2023, themed 'Reglobalisation for a Secure, Inclusive and Sustainable Future',...

CPA cancels tender amid favouritism allegations, invites fresh offers

SYFUL ISLAM | 2023-09-14 00:00:00

The Chittagong Port Authority (CPA) has invited fresh offers from interested parties to operate the Inland Container Depot (ICD) at Kamalapur in the capital as it cancelled the previous tender amid allegations of favouring a vested interest group, officials have...

Prioritising green technology on the global stage

SK AMLAN AHMED PRACHURJJO | 2023-09-14 00:00:00

Jahangirnagar University Model United Nations Association (JUMUNA) is organising the 7th Jahangirnagar Model United Nations 2023 (JMUN'23) Conference, scheduled for September 28, 2023, at Jahangirnagar University in Savar, Dhaka. This event is designed to facilitate discussions on critical global issues...

Nurturing knowledge on a cultural odyssey

IFTEKHARUL ISLAM | 2023-09-14 00:00:00

Japan has a distinct blend of tradition and innovation that has captured the world's attention. Aside from its tranquil landscapes and cutting-edge technology, Japan's allure comes from the opportunity to immerse themselves in a society steeped in history and tradition.As...

President Macron and the natural in politicians

Syed Badrul Ahsan | 2023-09-14 00:00:00

In the course of the recent G-20 summit in Delhi, British Prime Minister Rishi Sunak and his wife, both with roots in India, wished to make a trip to Haldirams, the reputed food outlet, in the Indian capital. They could...

9pc of GDP, 140k deaths annually

FE ONLINE REPORT | 2023-09-13 00:00:00

The combined cost of the health effects due to lead pollution in Bangladesh is a loss of up to 9.0 per cent of the country's GDP, revealed a new global study on Tuesday.The study, published in the Lancet scientific journal,...

There is a pressing need for re-globalisation

ASJADUL KIBRIA, from Geneva | 2023-09-13 00:00:00

A series of shocks over the last decade and a half -- the 2008-09 global financial crisis, the Covid-19 pandemic, and now the war in Ukraine -- has raised concern about the future of globalisation, says a World Trade Report.The...

Retail investors to get burnt by overvalued Legacy Footwear after rollout of new shares

MOHAMMAD MUFAZZAL | 2023-09-13 00:00:00

Retail investors, who jumped on Legacy Footwear after the April announcement that new shares would be issued, got it all wrong. Though the disclosure said shares would be distributed among "existing shareholders", it was clear by the time that general...

Life and living: assessing people's perceptions

Hasnat Abdul Hye | 2023-09-13 00:00:00

Opinion polls and market surveys are quite dated tools that are still in use for assessment of real life situations of the present and the near future. Their reliability varies on the issues or subjects for which opinions are garnered...

WTO public forum starts today

ASJADUL KIBRIA, FROM GENEVA | 2023-09-12 00:00:00

The largest outreach event of the World Trade Organization (WTO) starts today (September 12, 2023) at the multilateral trade organisation's secretariat in the Swiss city of Geneva.Officially termed WTO Public Forum 2023, the four-day event will examine how trade can...