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Stocks to remain gloomy even after fall in T-bond rates

MOHAMMAD MUFAZZAL | 2024-10-17 00:00:00

The declining trend in the yields of Treasury bonds is unlikely to make a positive impact on the equity market as investors will be driven to safer schemes for better return.The interim government has started reducing the interest rates of...

Can costlier money combat inflation?

Atiqul Kabir Tuhin | 2024-10-17 00:00:00

The rise in interest rates on bank loans, driven by the government's efforts to control inflation, is proving to be a double-edged sword. While containing inflation is critical, the relentless increase in borrowing costs is severely hurting businesses and dampening...

The long loneliness of politicians' widows

Syed Badrul Ahsan | 2024-10-17 00:00:00

Ethel Skakel Kennedy lived a lonely life in the five decades-plus since the assassination of her husband, Senator Robert Francis Kennedy, in June 1968. When she passed on last week at the ripe old age of ninety-six, obituaries on her...

Production at CUFL resumes after eight months

NAZIMUDDIN SHYAMOL | 2024-10-16 00:00:00

CHATTOGRAM, Oct 15: Production at the state-owned Chattogram Urea Fertiliser Company Limited (CUFL) resumed on Monday, eight months after it was suspended for unavailability of gas supply as well as for renovation of the machinery.The factory resumed its production after...

Climate justice for a resilient food system

Md. Roushon Jamal | 2024-10-16 00:00:00

World Food Day 2024 echoes the call for a hunger-free world by 2030. With the theme 'Right to food for a better life and a better future', the global event will plan a resilient food system for a better future...

Regulator rejects issuers' proposals to protect retail investors

MOHAMMAD MUFAZZAL | 2024-10-16 00:00:00

The securities regulator has recently rejected a few proposals, including the issuance of placement shares to sponsor directors, considering the interest of general shareholders.At least three issuer companies proposed increasing their paid-up capital by floating new shares, but the Bangladesh...

Best homemade, easily cooked vegetarian foods

NOWSHABA ACHAL | 2024-10-16 00:00:00

Palak PaneerTo make an easy palak paneer, start by blanching 3 cups of fresh spinach in boiling water for 2-3 minutes and transfer it to cold water to retain its colour. Blend the spinach into a smooth puree. After that,...

Go-ahead given for RCEP dealmaking negotiations

REZAUL KARIM | 2024-10-15 00:00:00

A standing proposal gets the go-ahead from the interim government to begin formal negotiations towards signing on the Regional Comprehensive Economic Partnership (RCEP), an emerging economic bloc encompassing the Asia-Pacific region, sources said.Commerce ministry Monday received the approved summary note...

Is AI modern Frankenstein?

Syed Fattahul Alim | 2024-10-15 00:00:00

A cognitive psychologist and computer scientist, the British-Canadian, Geoffrey E. Hinton who along with the American, John J. Hopfield, was awarded the Nobel Prize in Physics by the Royal Swedish Academy of Sciences on October 8 is himself fearful of...

Reforming the police

Helal Uddin Ahmed | 2024-10-15 00:00:00

Organised policing in Bangladesh has a history of around 200 years starting from the British colonial era. The constitution of the country, laws, rules and regulations including the Police Regulations, the Police Act, and the Code of Criminal Procedure form...

US presidential election: stakes, intrigues, and projections

CAF Dowlah | 2024-10-15 00:00:00

In about three weeks, on November 5, 2024, Americans will head to the polls to elect the country’s 47th president. Every four years, regardless of circumstances—whether a president has been assassinated, incapacitated, or resigned—the United States (US) holds its presidential...

Revenue board proceeds to tax ex-minister's wealth

DOULOT AKTER MALA | 2024-10-14 00:00:00

Bangladesh's tax intelligence moved to dig out data on former land minister Saifuzzaman Chowdhury's wealth from the UK property-licensing authority to claim tax on it as the current hunt for siphoned-off assets gets going. Armed with provisions of the Income...

Imports stay subdued as biz pickup awaited

SIDDIQUE ISLAM | 2024-10-14 00:00:00

Overall imports stay subdued, with over 5.0-percent fall in the first quarter (Q1) of the current fiscal, under the hangover of recent austerity and businesses' 'wait-and-see posture' following political unrest.The deposed government had adopted a tightfisted stance on import amid...

High food prices heightening food insecurity

Syed Fattahul Alim | 2024-10-14 00:00:00

The International Rescue Committee (IRC), an organisation created in 1933 at the call of Albert Einstein, helps rebuild lives of people devastated by disasters and conflict. It claims that farmlands destroyed by droughts and floods attributable to global warming and...

Women's contribution counts up, gender parity not apace

Doulot Akter Mala | 2024-10-14 00:00:00

An incredible scale of patriotism demonstrated by Gen-Z females during the recent mass uprising in Bangladesh took many by surprise. Though both male and female students led from the front the protests amazingly, females' roles were what most people didn't...

Shipbreaking threatens life, environment

NAZIMUDDIN SHYAMOL | 2024-10-13 00:00:00

CHATTOGRAM, Oct 12: Breaking of old scrap ships is posing a serious threat to lives of workers who are engaged in the risky job without any safety measures. Shipbreaking is also polluting the environment alarmingly in the coastal area under...

Delayed by a decade, project likely to face new challenge

Munima Sultana | 2024-10-13 00:00:00

Already delayed by a decade, the planned double-track railway project from Joydevpur to Ishwardi is likely to face a new implementation challenge as the current interim government is apparently unwilling to approve any high-cost project, insiders said.Bangladesh Railway, after several...

Bangladeshi youth advocates shine at 57th UN Human Rights Council Session

Abdullah-Aat-Tahmidus Siddiquee | 2024-10-13 00:00:00

WhetheR it is entrepreneurship, public service, social justice, or political reforms, the youth of Bangladesh have always come forward as advocates for sustainable and positive progress toward a brighter future. Their role as agents of change was also highlighted during...

Fishermen in deepening misery

Atiqul Kabir Tuhin | 2024-10-13 00:00:00

Fishermen of the country are a community time forgot. They are among the poorest of this poor country. They are also engaged in one of the most hazardous occupations. It is they who brace themselves for the deadliest storms and...

Upholding professionalism in media

Asjadul Kibria | 2024-10-13 00:00:00

After the fall of the Hasina-led autocratic regime in Bangladesh, a testament to the inspiring courage and unwavering determination of the students and youths, one of the critical areas that comes under focus is the current status of the press...

Unsafe shipping in Naf River threatens St Martin's tourism

GULAM RABBANI | 2024-10-12 00:00:00

Risky shipping in the Naf River due to the ongoing conflict at the Rakhine State of Myanmar close to Bangladesh border is posing a serious threat to the tourism sector of Saint Martin's Island.Uncertainty over sailing on the Teknaf-Saint Martin...

Bangabandhu tunnel a losing concern

NAZIMUDDIN SHYAMOL | 2024-10-12 00:00:00

CHATTOGRAM, Oct 11: Bangabandhu Sheikh Mujibur Rahman Tunnel which was built under the Karnaphuli river in the district has now become a white elephant due to a huge loss every day.Sources said the country's first-ever tunnel which was inaugurated last...

Interim govt moves to access RCEP

REZAUL KARIM | 2024-10-12 00:00:00

The interim government has strongly started processing to access the Regional Comprehensive Economic Partnership (RCEP), an emerging economic bloc encompassing the Asia-Pacific region that represents one third of global GDP.The immediate-past ousted government halted the move to join the world's...

Indian-funded Mongla port dev entails 84pc cost hike

SYFUL ISLAM | 2024-10-12 00:00:00

Shipping officials are in a quandary over the Delhi-funded Mongla port-upgrading project as the Indian consultant now seeks a steep 84-percent cost hike from the approved expense, sources said.They are in doubt whether the project will be financially viable after...

Task force needs priorities set for quick visible changes

MOHAMMAD MUFAZZAL | 2024-10-11 00:00:00

The task force recently formed by the securities regulator has been mandated to study the market and recommend necessary reforms, without a deadline.While the lack of deadline and the weight of the responsibility have raised skepticism about the ultimate outcome...

Empowering local government -

Atiqul Kabir Tuhin | 2024-10-10 12:00:00

It is a known fact that local government is a basic element of a democratic government. If it fails, the democratic system fails. This is because local governments are considered to be the arteries that play an essential role in...

BPC accelerates move to start SPM

NAZIMUDDIN SHYAMOL | 2024-10-10 00:00:00

CHATTOGRAM, Oct 09: After two fire incidents on oil tankers, the government has expedited the process of implementing a Single Point Mooring (SPM) with a Double Pipeline.Specifically, following the fires on the Banglar Jyoti and Banglar Sourav tankers that transported...

Pvt-sector credit flow slows

SIDDIQUE ISLAM | 2024-10-10 00:00:00

Private-sector credit flows ebbed down with economic activity hitting the rock bottom amid the August mass uprising that led to the fall of Sheikh Hasina regime, officials said.Under domino effect of the political unrest, the country's overall economic activities remained...

In the company of writer-politicians

Syed Badrul Ahsan | 2024-10-10 00:00:00

One wishes there were more politicians able and willing to write books. When political figures write tomes —- and many have done this commendable work in the past —- it is not only their intellectual abilities which manifest themselves but...

Export-remittance rise, import fall tip trade balance up

SIDDIQUE ISLAM AND JUBAIR HASAN | 2024-10-09 00:00:00

Bangladesh's current-account balance returned into green zone in August, after months of negativity, mainly as lower import expenses and higher inflow of remittances tipped the balance up, officials said.The country recorded a current-account surplus of US$111 million during the July-August...