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Strengthening the fire service

Atiqul Kabir Tuhin | 2025-02-02 00:00:00

Bangladesh is susceptible to various natural and manmade disasters, including earthquakes, landslides, and fires. In the event of such emergencies, Fire Service and Civil Defense (FSCD) plays a critical role as the first responder, often being the first point of...

City's young people are giving rise to a culture of daily food fest

Nilratan Halder | 2025-02-01 12:00:00

Dhaka's street food has a long tradition. But it is Old Dhaka, particularly the area comprising Shankhari Baazar, Chawk Baazar, Patuatuly, Mitford etc., that has boasted an unrivalled status in catering for Dhakaites' gastronomic satisfaction. Other neighbourhoods in the city...

No new application for microcredit licence

ISMAIL HOSSAIN | 2025-02-01 00:00:00

The Microcredit Regulatory Authority (MRA) has decided to stop receiving fresh microcredit licence applications as the number of microfinance institutions (MFIs) has reached nearly 1,000. "MRA has decided not to take any new application," said Mohammad Yakub Hossain, executive director...

CAAB moves to scrap Tk 3.21b AL-era development projects

GULAM RABBANI | 2025-02-01 00:00:00

The Civil Aviation Authority of Bangladesh (CAAB) has taken an initiative to cancel at least 16 development projects involving around Tk 3.21 billion at several airports, including Hazrat Shahjalal International Airport (HSIA), despite completing all the tender processes and signing...

Tk 2.5b schemes drafted to support women victims

JAHIDUL ISLAM | 2025-02-01 00:00:00

The Department of Women Affairs has drafted Tk 2.5-billion schemes to identify, support and rehabilitate women and adolescents who were affected by the July uprising.The move has been taken to recognise their contributions and preserve historical records of the movement,...

Internal recast of scam-hit weak banks, NBFIs imperative

REZAUL KARIM | 2025-02-01 00:00:00

A package remedy is now offered for the rescue of scam-hit weak lenders through bail-ins like mergers and acquisitions or guaranteed securities issuance of bank companies to avert printing money needed to feed them. Officials say a top national intelligence...

SPM operation to face further delay

NAZIMUDDIN SHYAMOL | 2025-02-01 00:00:00

CHATTOGRAM, Jan 31: The operation of the Single Point Mooring (SPM) will face a delay until the end of this year due to the open tender method (OTM).Sources said the government would not give the contract to the Chinese company...

Local investors concerned about tax hike on paint industry

DOULOT AKTER MALA | 2025-02-01 00:00:00

Local investors in the country's paint industry are deeply perturbed at the recent tax hike, fearing significant disruptions to their business plans midway through the year. They have urged the government to reconsider the decision of the hike emphasising the...

The bitter taste of increased VAT on biscuits

Selim Mullah | 2025-02-01 00:00:00

The biscuit, a staple snack and vital source of nutrition for millions of Bangladeshis, is now at risk of becoming unaffordable for the very people who rely on it the most. The recent increase in Value Added Tax (VAT) on...

Country's RMG industry at a crossroads

Sarker Nazrul Islam | 2025-02-01 00:00:00

The prevailing volatile situation in the global arena of apparel business has left two options for Bangladesh: either it retains its position as an important apparel hub by boosting its production capacity up to the requirement of buyers or gives...

Persistent headwinds and concerns in external sector

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Muntaseer Kamal and Syed Yusuf Saadat | 2025-02-01 00:00:00

Amid the prevailing bleak macroeconomic scenario and the pressure on several fronts, the external sector performance during the first half of FY25 offers some much needed and welcome relief to the Bangladesh economy. The positive changes are underpinned by the...

Half-yearly imports go up by 2.65pc

SIDDIQUE ISLAM | 2025-01-31 00:00:00

Bangladesh's overall imports increased slightly in the first half (H1) of the current fiscal year ahead of the upcoming Ramadan, with officials saying the removal of letter of credit (LC) restrictions by the central bank has played a role in...

DU and seven colleges part ways: What next?

Nilratan Halder | 2025-01-31 00:00:00

The seven colleges earlier affiliated with the University of Dhaka rather thoughtlessly have got what they wanted---cancellation of affiliation. Dhaka University (DU) is unlikely to be unhappy with the parting of ways. In fact, it was made to swallow a...

Pioneer female classical singer Ava Alam

Helal Uddin Ahmed | 2025-01-31 00:00:00

"She cannot leave us. She will remain forever. She is immortal," Tariqul Alam uttered these words repeatedly when she expired. He believed that his wife - singer and classical musician Ava Alam - could never die. One of the greatest...

Navigating expectations in turbulent times

Fahmida Khatun, Mustafizur Rahman, Khondaker Golam Moazzem, Muntaseer Kamal and Syed Yusuf Saadat | 2025-01-31 00:00:00

The economy of Bangladesh has been facing considerable challenges over the last couple of years which have weakened the macroeconomic stability. Despite claims of economic growth by the fallen regime under the previous autocratic government, the economic situation continued to...

Plan to pay off Beximco workers: Not as easy as govt says

MOHAMMAD MUFAZZAL | 2025-01-30 00:00:00

Shinepukur Ceramics fell 8.33 per cent on Wednesday on the Dhaka bourse in the aftereffect of the government's decision to pay salaries to the laid-off employees of Beximco Group by selling shares that had been mortgaged against loans. Shares of...

Should Bangladesh defer LDC graduation?

Atiqul Kabir Tuhin | 2025-01-30 00:00:00

As Bangladesh approaches its scheduled graduation from the United Nations' Least Developed Country (LDC) category in November 2026, concerns are mounting among industrialists and exporters about the potential impact on their businesses. With the impending loss of trade benefits typically...

Remember Auschwitz, and don't forget Gaza

Syed Badrul Ahsan | 2025-01-30 00:00:00

In this week of a remembrance of Auschwitz-Birkenau, of the liberation of Auschwitz eight decades ago, it becomes the moral responsibility of all nations to inform themselves that the tragedy the Nazis subjected Jews to in the course of the...

Aircraft shortages stifle Biman's revenue potential

GULAM RABBANI | 2025-01-29 00:00:00

Biman Bangladesh Airlines is unable to operate flights to potentially profitable international destinations due to aircraft shortages, its Managing Director and Chief Executive Officer (CEO) Dr Md Shafiqur Rahman has told The Financial Express. This is depriving the country's largest...

Country largely bypasses industrialisation

JAHIDUL ISLAM | 2025-01-29 00:00:00

Non-agricultural economic units like business establishments numbered 11.88 million in 2024 with a 51.91-percent growth in last 11 years from 7.82 million in 2013 as per official count, but economists see deviation from economic-expansion trajectory. They point out growth path...

US-based Cargill India seeks to set up bonded warehouses in BD

REZAUL KARIM | 2025-01-29 00:00:00

Cargill India, a US-based company, has sought permission to establish bonded warehouses in Bangladesh's customs zones to import cotton with duty-free facilities, sources say.It has also requested to allow the export of surplus cotton to other countries after meeting local...

Unique recipes made with winter vegetables

NOWSHABA ACHAL | 2025-01-29 00:00:00

Winter is the season for a variety of colorful vegetables. These fresh, refreshing, versatile, and flavourful vegetables add a new dimension to our menu. Warm, hearty dishes and winter vegetables like cauliflower, carrots, broccoli, and peas are what we crave...

Unlocking full potential of SMEs

Sarker Nazrul Islam | 2025-01-29 00:00:00

The country's cottage, micro, small and medium enterprises (CMSME) sector despite having immense growth potential receives only lukewarm response from the authorities concerned. The sector did not get necessary policy and financial support for its growth which is evident from...

Top ten tax-contributing items fail revenue targets

DOULOT AKTER MALA | 2025-01-28 00:00:00

Import-revenue collection from top ten tax-contributing items declined 10 per cent in the first half of the FY 2025 compared with that of the corresponding period of the previous fiscal, casting pressure on the public exchequer, officials said.From the ten...

Ctg customs launches online auction for 100 imported vehicles

NAZIMUDDIN SHYAMOL | 2025-01-28 00:00:00

CHATTOGRAM, Jan 27: The Chattogram Customs House (CCH) has launched an online auction to sell 100 high-value imported vehicles that have been held at the Chittagong Port's car shade for a long time. Interested individuals or organisations can submit bids...

Rethinking anti-polythene drive

Syed Fattahul Alim | 2025-01-28 00:00:00

A director of the Department of Environment (DoE) was reportedly seriously injured in an attack allegedly by the workers from an illegal polythene factory in the Chowkbazar area of Old Dhaka on Sunday (January 26). The said DoE official along...

The nexus of unplanned urbanization and pollution

Md. Abdul Latif & Sabila Binta Saif Sondhi | 2025-01-28 00:00:00

Dhaka, the bustling center of Bangladesh, faces severe challenges due to rapid growth. The morning sun struggles to pierce through thick smog, as unregulated development pollutes the air. The Air Quality Index (AQI) often ranks among the worst worldwide, with...

2,330 Dhaka jewellers evading taxes: BAJUS

DOULOT AKTER MALA | 2025-01-27 00:00:00

Some 2,330 jewellers are operating in Dhaka city without paying taxes, while a number of businesses selling essential commodities, including medicine, are subject to taxes.The Bangladesh Jewellers Association (BAJUS) recently sent the list of these jewellers to National Board of...

Foreign fund receipts in H1 down to $3.53b

JAHIDUL ISLAM | 2025-01-27 00:00:00

Foreign-aid disbursement to Bangladesh dropped US$3.53 billion in the first half of the current fiscal year as all its development partners ramped down bankrolling its uplift recipe, official statistics show. Of the amount received in the July-December period, $3.26 billion...

School children bearing the brunt of climate-induced calamities

Neil Ray | 2025-01-27 00:00:00

Of the 247 million schoolchildren whose education was disrupted worldwide by climate change last year, 33 million were in Bangladesh, estimates the United Nations International Children's Fund (UNICEF). Among the 77 countries where the learning kids had this misfortune, Bangladesh's...