DSE turnover dips below Tk 3b-mark

Stocks extended losing streak for the second running sessions on Tuesday with turnover dipping below Tk 3.0 billion-mark after seven months as investors were reluctant to make fresh investments. The market opened with a downbeat note which sustained till closure...

DSE, CSE down at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed downward trend in early hour of trading on Tuesday with volatility. DSEX, the prime index of the DSE, lost 11.54 points or 0.24 per cent to 4,619.03, when...

India seeks transit facility to carry bulk LPG to Tripura

IndianOil, the national oil company of India, has sought transit facility to carry liquefied petroleum gas (LPG) to its bottling plants in Tripura and Mizoram through Chittagong, officials said. The request was made as the company was encountering shortfall and...

NBR revenue in Q1 disappointing

Government's aggregate tax-revenue collection fell short of the target by nearly Tk 57.99 billion in the first quarter of the current fiscal year (FY). A slowdown in business and investment activity is cited as the main reason. All of the...

City traders start selling warm clothes, blankets

Traders in the capital have started stockpiling as well as selling warm clothes and blankets, as the winter is now knocking at the door. Different makeshift shops in Gulistan, Baitul Mukarram, Ramna Bhaban, Purana Paltan, GPO and Sadarghat areas have...

BB boss pledges support for smaller industries

JOYPURHAT, October 26: The central bank will extend its support to establish industries, including micro, small and medium enterprises, part of its effort to ensure sustainable development, Bangladesh Bank (BB) Governor Dr Atiur Rahman said. "We'll facilitate the interested entrepreneurs...

Slumping profit gnaws away at GP\\\'s share prices

Share prices of the country's sole listed telecom company Grameenphone has fallen for the last three months, worsened by its falling profits and users' revenue along with tax burden. Experts and market-insiders have also attributed the drop-off to the decline...

Deaton on poverty and foreign aid - an appraisal

This year's Nobel Laureate in Economics Angus Deaton has worked on human consumption and well-being that led him to view development as a complex process not amenable to improvements through top-down or technical interventions. He considers knowledge as a key...

Urban October 2015

In 2014, Urban October was launched by UN-Habitat to emphasise the world's urban challenges and engage the international community towards the New Urban Agenda. This has created scopes for raising awareness and interest on different urban challenges, opportunities to the...

Promoting renewable energy

Renewable energy has been seen as the alternative to finite energy sources and also as a solution to greenhouse gas problem including carbon emission. Hydel, solar and wind power have figured in this discussion and strategy for quite sometime. Harnessing...

Between the rock of northern multilateralism and the hard place of the southern challenge

When Bangladesh enthusiastically ratified China's equally assertive Asian Infrastructural and Investment Bank (AIIB) initiative, this year, it was no doubt ventilating some of the frustration spawned by the World Bank backtracking from the 2013 Padma Bridge commitment. As China stepped...

A bad bet on synthetic biology

Las Vegas seems to be an apt place to launch a risky corporate gamble that could destroy the livelihoods of millions of small-scale farmers. Earlier this month, the international food conglomerate Cargill chose the city's famous Strip to introduce what...

Stocks end lower with increased turnover

Stocks closed lower on Monday after remaining flat in the previous session as remained followed cautious stance. The market opened with a downbeat note and tried to recover in the middle of the session, but failed amid sale pressure in...

Stocks see upward trend at opening

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hour of trading on Monday marginal volatility, the second trading session of the week. DSEX, the prime index of the DSE, went up by 8.42...

Govt to assess impact of cash incentives on export items

The government has decided to assess the outcome and impact of cash incentives or subsidies which are being provided to some exportable items, officials said. Under the move, the Ministry of Commerce (MoC) has already formed an 11-member committee, headed...

Ex-enclave people get Tk 25m from banks

RANGPUR, Oct 25: The people of former enclaves in Panchagarh district came under financial supports as they received Tk 25 million on Sunday from different commercial banks. The banks committed to extend the financial supports under their corporate social responsibility...

Curiosity, science and the Red Planet

Curiosity is an innate and deeper drive as it forms the very basis of awareness or sense in any life form. Evolution has evolved for centuries; as a result, we humans have the advantage over other living species. Therefore, with...

Traders are unfair to consumers

This time none other than the top global lender, the World Bank (WB), has made an allegation identical to one that is very often levelled against traders by the Bangladesh consumers. The allegation is simple: Bangladeshi traders, who are slow...

Stocks end flat with choppy trading

Stocks closed almost flat on Sunday with choppy trading as late hours buying spree offset early losses. The market opened with a downbeat note and lost around 24 points within first hour of trading, but late hours buying spree on...

Twin-bourse tumbles

The country's twin-bourse Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), opened with losses in early hour of trading on Sunday with marginal volatility, the first trading session of the week. DSEX – the prime index of the DSE...

Dhaka, Amsterdam to discuss Dutch funding for Paira port

Funding for building of the Paira deep-sea port in Patuakhali district will come up for discussion during Prime Minister Sheikh Hasina's visit to Amsterdam on November 3-6, officials said. Three Dutch companies have expressed their interest to be involved in...

Draft tariff reform policy for railway finalised

The Ministry of Railway has finalised the draft 'tariff reform policy' to revise train fares annually. The policy, when and if approved, will meet one of the major conditions set by the Asian Development Bank (ADB) for releasing the last...

Dignity in mental health

Every year World Mental Health Day is observed on October 10. The theme for this year's day was "Dignity in mental health". This year, WHO (World Health Organisation) rose awareness of what can be done to ensure that people with...

Globalisation in the info-tech era

Mostly through Information and Communication Technologies, ICTs, globalisation has integrated into the world trade as an inevitable part. In the past some historical components were determining the destiny of mankind. Since we are entrapped in the cyberspace, internet-fuelled globalisation is...

Health-prevention is what counts in Canada

I have been living in Canada for the last two years. By this time, I have spent two summers and two falls. I came across the beautiful scene while travelling during fall season. The simplicity of a colourful maple leaf...

Reflections on credit for the poor

It is true that rural credit market has undergone a remarkable change but the market is not as inclusive as is claimed by the concerned quarters, reveals a recent household level survey. Over time improvement can be gleaned from the...

An economist with a human face wins the Nobel

This year's winner of Nobel Prize in Economic Sciences Angus Deaton has been awarded the honour for his analysis and pioneering work on the determinants of poverty, consumption and welfare. He has enhanced our understanding of individual consumption choices that...

Banks to boost CSR steps for people of ex-enclaves

The country's commercial banks are going to enhance their corporate social responsibility (CSR) activities for improving lifestyle of the residents of 111 former enclaves, officials said. The banks are also set to extend agriculture loan disbursement facility along with other...

A preliminary guide to research

Research comprises "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of humans, culture and society, and the use of this stock of knowledge to devise new applications" (Organization for Economic Co-operation...

Schools and lessons on socialising

Academic certificates do not give us the skills to meet certain situations we face in our everyday life. Some of these skills may be termed social skills as we need them in our day-to-day activities. So, educational institutions need to...