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Collection unhindered despite Q1 slump

DOULOT AKTER MALA | 2024-11-19 00:00:00

Economic downturn has not impacted the direct tax collection from large taxpayers in the first quarter of the current fiscal year (FY), 2024-25, according to the tax officials concerned.The Large Taxpayers Unit (LTU), where all banks among other big payers,...

Falling global interest rates, market reforms drive up foreign investments

BABUL BARMAN | 2024-11-19 00:00:00

The equity market has been showing signs of a return of foreign investors since the August political changeover.Stocks known as lucrative to overseas investors saw their stakes increase by October, compared to the holdings four months back. According to market...

Must Buriganga die?

Syed Fattahul Alim | 2024-11-19 00:00:00

The days are not far off when people will talk about Buriganga river in the past tense. There is still a stretch of narrow water body called Buriganga which was 45 kilometres long when the Bangladesh Water Development Board (BWDB)...

Data manipulation by autocratic regime

Helal Uddin Ahmed | 2024-11-19 00:00:00

The committee formed by the interim government to prepare a white paper on Bangladesh economy has reportedly found evidences of fraudulent practices and widespread manipulation of official data by the ousted fascist regime. It only reinforces the long-held view of...

COP16 on biodiversity: an appraisal

Hasnat Abdul Hye | 2024-11-19 00:00:00

The acronym COP (Conference of Parties) has come to be associated with the annual summit on climate change with such automatic conditioned reflex that other conferences held under the same rubric are easily confused with the former or ignored altogether....

Pangaon terminal activities decreasing due to high freight rate

Nazimuddin Shyamol | 2024-11-18 00:00:00

CHATTOGRAM, Nov 17: Customs-related problems, high freight rates, and a number of accidents are seen as primary reasons for the significant reduction in activities at the Pangaon Inland Container Terminal (ICT) by the Buriganga River in Keraniganj. The Chittagong Port...

Discrimination at its worst

Neil Ray | 2024-11-18 00:00:00

Politics, finance, commerce, market volatility and various protesting workers' unions or professional bodies along with major accidents mostly hog news headlines because those issues concern the entire nation and even others well beyond the border. But the news carried on...

Bringing looted money back home

Syed Fattahul Alim | 2024-11-18 00:00:00

Within two months of assuming office, the interim government of Dr Muhammad Yunus on September 29 formed a 9-member task force headed by the Bangladesh Bank governor to bring back the money stolen and smuggled out of the country during...

Shadows over future of television on OTT platforms in Bangladesh

ISMAIL HOSSAIN | 2024-11-18 00:00:00

As we celebrate the World Television Day, on November 21, Bangladesh's television landscape, particularly on over-the-top (OTT) platforms, stands at a critical juncture. Once celebrated for democratizing television access, these platforms now navigate regulatory ambiguities and challenges of competitiveness that...

Return of the 'tariff man' and Bangladesh

Asjadul Kibria | 2024-11-17 12:00:00

Before he became the 45th President of the United States (US) in 2016, Donald Trump claimed himself as a 'tariff man' who maintained no ambiguity about imposing higher tariffs on imports, mainly from China. After winning the election, he assumed...

Future of jobs and what it means for Bangladesh

Iftekharul Islam | 2024-11-17 00:00:00

The economic growth of Bangladesh happened because of the contributions from the RMG (ready-made garment) sector and an ever-expanding middle class which presents both challenges and possibilities for creating jobs. Information technology, renewable energy, healthcare, and digital services are all...

Dhaka bourse plans overhaul of market monitoring

Mohammad Mufazzal | 2024-11-17 00:00:00

Prevention of stock price manipulation and security of investments are must to ensure investors' fearless participation in the equity market.Keeping that in mind, the new board of the Dhaka bourse has set out to contain unlawful activities that come in...

Why neglect the most vulnerable?

Atiqul Kabir Tuhin | 2024-11-17 00:00:00

In a time when the interim government is working with the objective of building a discrimination-free Bangladesh, it is deeply concerning that children with special needs and their caregivers are left in a state of uncertainty. According to recent reports,...

Sailors' carelessness, negligence blamed for Kutubdia ship fire

NAZIMUDDIN SHYAMOL | 2024-11-16 00:00:00

CHATTOGRAM, Nov 15: Mother vessel Captain Nikolas and lighterage vessel Sophia caught fire in Kutubdia in October due to the inefficiency, carelessness, and negligence of sailors and Bangladesh Shipping Corporation officials, the investigation report says. The investigation committee of the...

Procurement in disarray for lack of genuine suppliers

REZAUL KARIM | 2024-11-16 00:00:00

The government undergoes a critical phase in procuring key commodities to operate its subsidised sales drive for 10-million families as it cannot get genuine suppliers of such items as required.According to sources, the government cannot procure essentials from domestic and...

Project afoot to advance tech, vocational training

JAHIDUL ISLAM | 2024-11-16 00:00:00

The Technical and Madrasah Education Division (TMED) of the Ministry of Education has initiated a project to advance technical education and vocational training (TEVT) at an estimated cost of Tk 24.58 billion.The project will ensure training for 34,310 technical and...

4B Movement takes America by storm, can it sustain?

Nilratan Halder | 2024-11-16 00:00:00

Few people were aware of 4B Movement before it got going following Donald Trump's election as the 47th US President. Neither is it American homegrown. It has its origin in South Korea way back in the mid-2010s before the #Me...

Ctg-Dhaka oil transportation thru' pipeline likely from Jan

NAZIMUDDIN SHYAMOL | 2024-11-15 00:00:00

CHATTOGRAM, Nov 14: The commissioning of the Chattogram-Dhaka oil pipeline is likely to take place in December and may be handed over to the Bangladesh Petroleum Corporation (BPC) in January of next year. The project's works have almost been completed...

Project in limbo as bid offers get no response

MUNIMA SULTANA | 2024-11-15 00:00:00

The Container Company of Bangladesh Ltd (CCBL) received no response to a bid invitation for investment and development of an inland container depot (ICD) at Ghorashal in Narsingdi, making the fate of the project uncertain.According to official sources, 12 private...

How food hygiene and food safety are compromised

Nilratan Halder | 2024-11-15 00:00:00

Nowhere is perhaps food hygiene abused more than in this part of the world. Maintenance of this particular hygiene is a prerequisite for food safety, public health and a nation's overall health status. The market of a country known mostly...

AI beyond engineering

Serajul I Bhuiyan | 2024-11-15 00:00:00

In Bangladesh and much of South Asia, artificial intelligence (AI) is still commonly perceived as the domain of technical fields like computer science and engineering. However, this view limits the true potential of AI, which has become a transformative force...

Home ministry senses volatility in edible oil prices in Ramadan

REZAUL KARIM | 2024-11-14 00:00:00

The home ministry has sounded an alarm about a possible crisis of edible oils during the holy month of Ramadan in March next, and suggested ensuring adequate stock of the key essential.It also recommended the Ministry of Commerce (MoC) and...

Budget deficit financing bloats govt bank borrowing to Tk 595b

SIDDIQUE ISLAM | 2024-11-14 00:00:00

Hefty budget-deficit financing bloats government borrowing to Tk595.16 billion in the first four months of the current fiscal year and much of the money goes for repaying debts to the central bank. Officials said Wednesday the ministry of finance borrowed...

Trump and modern-day political comebacks

Syed Badrul Ahsan | 2024-11-14 00:00:00

For students and researchers of history, political comebacks in our times make for interesting, even thoughtful reading. The return of Donald Trump to the White House, despite all the legal entanglements he has been caught in since he left the...

Removing hurdles to investment in SEZs

Atiqul Kabir Tuhin | 2024-11-14 00:00:00

An economic zone, by definition, is a special designated area within a country's national borders. It is created with its own set of applicable laws to encourage and enhance business and trade investment, and job creation. The primary reason behind...

ILO urges govt to end GPEU case sans delay

GULAM RABBANI | 2024-11-13 00:00:00

The Committee on Freedom of Association (CFA) of the International Labour Organization (ILO) has urged the government of Bangladesh to ensure that the case of Grameenphone Employees Union (GPEU) pending before a labour court in Dhaka is concluded without further...

Consultant to be appointed in Feb

NAZIMUDDIN SHYAMOL | 2024-11-13 00:00:00

CHATTOGRAM, Nov 11: Bangladesh Railway (BR) is set to appoint a consultant for the construction of a new rail-cum-road bridge project over the River Karnaphuli at Kalurghat by February of next year. The tender for this project will be released...

Hand-to-mouth labourers' wages to get VAT waiver

DOULOT AKTER MALA | 2024-11-13 00:00:00

Some relief from the catch-all tax dragnet may be forthcoming for people on the lowest rung of society as the interim government contemplates waiving VAT on day-labourers' wages. Officials say the measure is being mulled over to address longstanding inconsistencies...

Budget loans to give breathing space to economy: IMF

SYFUL ISLAM | 2024-11-13 00:00:00

An exigent switch from project aid to budget-support loans from bilateral and multilateral development financiers in the interim period will yield some breathing space for Bangladesh's economy, the IMF observes. The International Monetary Fund (IMF) has noted that apart from...

Utilise your winter in a productive way

NOWSHABA ACHAL | 2024-11-13 00:00:00

Being unemployed might be one of the most challenging situations in life. It may be highly stressful to deal with unstable finances, a lack of routine, and the mental strain that job-seeking takes. Especially in this season, when a person...