BSEC moves to introduce \\\'financial literacy\\\' service

The securities regulator has taken steps to introduce nationwide 'financial literacy' service in an effort to ensure investors' protection by reducing speculation. As part of its move Bangladesh Securities and Exchange Commission (BSEC) has formed a four-member committee to formulate...

Thermal treatment of plastic wastes for sustainable environment

Already, the rapid growth in population and economic activities have caused depletion in natural resources. In order to meet the enormous demand for cheap products, plastic has become an alternative source. Since the beginning of the 20th century, plastic has...

Admission tests for higher study

Dates for admission test at most of the public universities have been announced. This year, the number of grade point average (GPA)-5 holders has drastically fallen along with the lower percentage of pass in the higher secondary examination results. Does...

Power tariff and regulatory insensitivity

The latest hike in gas and power tariff has again put to question the role of different regulatory bodies that are supposed to ensure transparency and accountability in the areas under their respective jurisdiction and protect the interests of the...

Regional connectivity and Bangladesh

South Asia, described as one of the least economically integrated regions of the world, is also one of the most disconnected regions where political boundaries essentially serve as physical barriers to trade, and movement of vehicles and people. Despite having...

DSE turnover hits fresh 2-month low

Stocks edged lower on Sunday with turnover hitting fresh two months low, after marginal gains in the previous session, as investors remained cautious. The market witnessed mixed trend in the morning and gradually fell into the red as the session...

Stocks open mixed amid volatility

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed mixed trend in early hour of trading on Sunday amid volatility, the first session of the week. DSEX, the prime index of the DSE, went down by 2.23...

Fitch further forecasts stable BD economy

Global credit-rating agency Fitch has projected Bangladesh's economic outlook as stable for the current year also, but with a footnote that political and banking-sector risks remained on the flip side. Bangladesh is rated 'BB-' that stands for a stable outlook,...

Utilising the potential of household plantation

The importance of plants in our life can hardly be overemphasized. People depend on plants to meet their basic needs like food, clothing, shelter, and health care. These needs are multiplying because of a growing population, increasing incomes, and urbanization....

In quest of a standard and meaningful FRC

The proposed Financial Reporting Act (FRA)-2015 has already created controversy over some key issues following recommendation of the parliamentary standing committee and is yet to see any light of hope. Media reports have said that the report by the committee...

MoS finds NBR-proposed transit fee \\\'high\\\'

A government committee has requested the National Board of Revenue (NBR) to submit a revised proposal regarding transit fee which it found 'high' by considering all aspects of the trans-border trade routing, officials said. In another move to water down...

BPDB seeks conversion of its large debt into equity

A proposal to convert a large sum of Tk 254 billion that the Bangladesh Power Development Board (BPDB) owes to the government is under consideration, sources said. The proposal is seen as a move to rescue the state-owned entity from...

Restrictions on formal migration triggers trafficking, workshop told

Experts and rights activists have called for greater regional cooperation to help protect migrants' interests and prevent illegal migration from the Asian countries. According to them, human trafficking and irregular migration are taking place in Asian region mainly because of...

Most light engineering entities do business with own fund

A study on financing light engineering entities shows that most of light engineering small enterprises (LESEs) in the country do business with their own fund or non-formal credit rather than going to financial institutions. According to the study, the financial...

How life and livelihoods changed

If people in low-lying flat plains of Bangladesh heeded to weather forecasts this year, they surely were in for trouble. The forecast was specific that that the south-western winds from the Bay of Bengal and the Arabian Sea, which are...

Tapping potential of light engineering clusters

Light engineering is known as the mother of heavy industries. There is no universal definition of light engineering industry. It usually refers to the small and medium enterprise (SMEs) with comparatively lower capital investment and operating with manual to semi-automated...

Ensuring transparency in public auditing

The importance of the Office of the Comptroller and Auditor General (OCAG) of Bangladesh is yet to be properly acknowledged, especially by the policy makers. Despite recognised by the Constitution and known as the Supreme Audit Institution of the country,...

Cap on lending rate on onion import financing

The central bank has imposed cap on lending rate for onion import financing until December 30 to ensure smooth supply of the essential item to the local market, officials said. Under the restriction, the banks are allowed to charge maximum...

Desperate bid to make Pangaon operational

The government has decided to cut user fees by 70 per cent to attract traders to the Pangaon Inland Container Terminal (ICT) in handling their export-import goods, officials said. The decision was taken after the ICT, set up in Keraniganj...

Investing in youth\\\'s skill development

"We are witnessing a young generation frustrated by the chronic mismatch between skills and work. The best answer to the economic downturn and youth unemployment is to ensure that young people acquire the basic skills and relevant training they need...

Downside of power and privilege

"Sudden Terror" is a breathtakingly emotional film on the hijacking of a school bus full of 'special' children. Imagine yourself as a hostage held in a bus on the busy road between Shahbagh and Katabon. The real-life stage enactment of...

Power sector: Big challenges for developing economies

Extraction, generation and distribution of electricity are fundamental aspects of an industrial sector having strategic implications for the performance of any economy - large, medium or small. Besides, a massive employment is vital to a country's power sector. According to...

Neo-nomads on the wander across continents

It was but only the tip of the iceberg when boatloads of people were sighted adrift in the Bay of Bengal. Now the entire body of the mammoth mass of ice has surfaced to pose a cosmic crisis-migration crisis, to...

Stocks end marginally higher

Stocks edged slightly higher for the second session Thursday as investors remained cautious following a global stocks turmoil. The market opened with a positive note which sustained till closed the session. DSEX, the prime index of the Dhaka Stock Exchange...

DSE, CSE up at opening

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw upward trend in early hour of trading on Thursday amid modest volatility, the last session of the week. DSEX, the prime index of the DSE, went up by...

Sugar set to be pricier

Sugar is going to be pricier as the government Wednesday fixed the tariff value of both crude and refined sugar and hiked the regulatory duty on both the items substantially.   Customs wing of the National Board of Revenue (NBR) issued...

BB to decide on large loan restructurings by mid-Sept

The central bank is set to give its decision on the large loan restructuring proposals by the middle of next month, officials said on Tuesday. "We expect to complete our formalities regarding the loan restructuring proposals shortly. The decision to...

Choosing a career: Role of parents

“It is time for you to choose a career.” This is probably one of the most common statements every college or university graduate hears from parents or guardians. Then begins the confusion which path to choose. The super confused young...

Bangladesh Bank plays a leading role in green banking

The concept of 'Green Banking' originates in modern banking approaches. The concept has actually been derived from ethical banking which seeks to mitigate the hazards of climate change due to global warming. Climate change has  direct  impact  on biodiversity, agriculture,...

Specialised bank for RMG need of the hour

Bangladesh, according to the World Bank, has graduated from LDC status (Least Developed Country) to a lower middle-income country making notable progress in prime development indices. Ready-made garment (RMG) sector is one of the leading performers that have contributed heavily...