MOHAMMAD MUFAZZAL | 2023-02-08 00:00:00
More than a year after the securities regulator's directive to small-cap companies to raise their market capital, only a handful of them acted on it and made any progress. The Bangladesh Securities and Exchange Commission (BSEC) asked 64 listed small-cap...
NAZIMUDDIN SHYAMOL | 2023-02-08 00:00:00
CHATTOGRAM, Feb 07: Prices of chickpeas keep on rising in the Chattogram wholesale market, increasing the prices of the widely consumed item in the retail market far ahead of Ramadan.The wholesalers at Khatunganj, Chaktai and Asadganj in the port city...
REZAUL KARIM | 2023-02-07 00:00:00
Bangladesh has slashed its wish-list for annual import of six consumer commodities from India in tune with domestic demand, official sources said. Delhi recently recommended that Bangladesh should rationalize its proposed yearly commodities quota.The revised proposal has cut by 44.4...
Mohammad Mufazzal | 2023-02-07 00:00:00
A recent scrutiny reveals that Universal Financial Solutions' (UFS) top executive siphoned off Tk 2.07 billion from scam-hit four unit funds, higher than the reported Tk 1.58 billion. Ahmed Zaker & Co. Chartered Accountants appointed as the auditor had certified...
NAZIMUDDIN SHYAMOL | 2023-02-07 00:00:00
CHATTOGRAM, Feb 06: The country saw a slight fall in tea production last year after a record output in 2021, although the production cost increased. The annual tea production stood at 90.38 million kg in 2022, down from around 90.656...
Syed Fattahul Alim | 2023-02-07 00:00:00
Day by day, higher education is becoming both expensive and a matter of luck for the students. Increasing number of students passing out from the higher secondary level educational institutions are finding it hard to get admission into public or...
SYFUL ISLAM | 2023-02-06 00:00:00
The Chittagong Port saw a drastic fall in handling import containers in January compared to the same month last year due to a significant import drop amid forex crunch.The country's prime seaport handled 87,984 TEUs (twenty-foot equivalent units) of containers...
REZAUL KARIM and YASIR WARDAD | 2023-02-06 00:00:00
Beef and broiler chickens witnessed notable hikes in prices in the last few days, augmenting further the sufferings of commoners.Beef prices hit Tk 720-750 a kg on Sunday, showing a Tk 30-50 hike in a week, according to market sources.Broiler...
BABUL BARMAN | 2023-02-06 00:00:00
Steel manufacturers could not reap any benefit when the prices of raw materials cooled off in the global market in recent months. They could not open letters of credit to buy less expensive materials due to the dollar crunch; banks...
Neil Ray | 2023-02-06 00:00:00
Market of essential commodities has started becoming jittery ahead of Ramadan, the month of siam or fasting. Rice price has apparently remained stable but at an artificially raised earlier level. Significantly, despite bumper Aman harvest, rice price did not decline...
Syed Fattahul Alim | 2023-02-06 00:00:00
There has been no let up on the unbridled rise in the prices of essential commodities since long. The reasons, as is generally understood, include higher duty imposed on imports and volatility in the foreign exchange market. Thus the result...
Nazimuddin Shyamol | 2023-02-05 00:00:00
CHATTOGRAM, Feb 04: The Chattogram Elevated Expresssay which is scheduled to be partially opened for traffic in March this year will usher in a new era of communication in the port city. Once its use starts, the infrastructure will add...
Asjadul Kibria | 2023-02-05 00:00:00
Little need is there to say or write about the necessity or importance of library. Almost every educated or literate person knows that library is a major source of knowledge, information, enlightenment and pleasure. It is a storehouse of books...
Pamelia Khaled | 2023-02-04 12:00:00
Language matters. Why does the mother language matter in learning? It offers imagination, ideas, and deep insight and assists a child in being creative. Gandhi believed that "a proper and all-round development of the mind...can take place only when it...
SYFUL ISLAM | 2023-02-04 00:00:00
Bangladesh will have to maintain net international reserves of at least US$24.46 billion in June this year in line with the International Monetary Fund (IMF)'s BPM6 definition.The IMF set this floor for the foreign-exchange reserves in Quantitative Performance Criteria (QPC)...
REZAUL KARIM | 2023-02-04 00:00:00
An Indian multi-state cooperative federation seeks the prime minister's intervention to supply different commodities to Bangladesh from the neighbouring nation.The National Federation of Farmers' Procurement Processing and Retailing Cooperatives of India Ltd (NACOF) has recently sought faster steps to this...
Doulot Akter Mala | 2023-02-04 00:00:00
Now the revenue board is bent on collecting value-added tax from three funds developed with VAT proceeds from subscriber bills for use in the country's energy security.VAT at a rate of 15 per cent would be applicable to Gas Development...
Rubayat Saleheen | 2023-02-04 00:00:00
Cancer, a disease that has been affecting people for centuries, has reached epidemic proportions in recent times. The cost of cancer treatment in Bangladesh is substantial, with an average cancer patient incurring expenses of BDT 639,000 per annum. This number...
Dream or Reality? | 2023-02-04 00:00:00
A society where women will shine is a dream of women all over the world. Former Japanese Prime Minister Shinzo Abe dreamt of this concept, considering the need for realization of a society where both women and men can "shine...
DOULOT AKTER MALA | 2023-02-03 00:00:00
Prohibitive duty is coming on nearly 50 more products as the government opts for high taxing to discourage their import to save forex in crisis time, sources say. However, duty-taxes on import of sugar and limestone are going to be...
Nilratan Halder | 2023-02-03 00:00:00
That Bangladesh has slipped one notch below the position, 146th that is it held in 2021 in the Corruption Perception Index (CPI) of the Berlin-based Transparency International (TIB), as such is not highly concerning. What is viscerally concerning is its...
BABUL BARMAN | 2023-02-02 00:00:00
Renata Limited's profit dropped below Tk 1 billion in October-December 2022 for the first time in 10 quarters due to a spike in the prices of raw materials driven by the dollar crisis.One of the leading drug makers in Bangladesh,...
REZAUL KARIM | 2023-02-02 00:00:00
State-owned Palli Sanchay Bank (PSB), a low-cost lender for micro and small farms, has sought a special government allocation of Tk 100 billion to meet its liquidity shortfall, ensure smooth operations and mitigate poverty.The bank's chairman recently requested the Financial...
Shah Kamal Sohail | 2023-02-02 00:00:00
Bangladesh's economy has faced a number of challenges in recent years, and as we enter 2023, these challenges continue to persist. Despite some progress, the country still has a significant portion of the population living in poverty and suffering from...
Syed Badrul Ahsan | 2023-02-02 00:00:00
Obituaries are in essence a most illuminating form of literature. In a larger sense, they are chapters enriching the historical narrative. They are more than a simple recapitulation of the career of a deceased individual. A pretty disquieting fact about...
MOHAMMAD MUFAZZAL | 2023-02-01 00:00:00
Square Pharmaceuticals continued a growth in profit for the second quarter of the FY23 despite an increase in the prices of raw materials and other expenses. A 14.09 per cent year-on-year revenue growth and non-operating income helped the company maintain...
BABUL BARMAN | 2023-02-01 00:00:00
Grameenphone reported a profit of Tk 30.10 billion for the year 2022, the lowest in five years, as it was hit hard by foreign exchange loss and regulatory ban on the sale of SIM cards. The annual profit was also...
Mehnaz Lameesha | 2023-02-01 00:00:00
Imagine having a steamed dish with fewer spices as a fun meal. Not a very pleasant scenario for many, right? Yet today, we want to introduce you to this particular dish, which is usually not fried but tastes far better...
REZAUL KARIM | 2023-02-01 00:00:00
Russia wants to sell its different food products to Bangladesh in order to diversify its export market amid sanctions on the former by the western world over invasion of Ukraine.Under the proposal, Russia has offered to supply its food products,...
Mohammad Sultan | 2023-02-01 00:00:00
Panhandling in streets is nothing new, and not a case exclusive to towns here. However, in the context of pandemic- and war-induced pauperization, begging has appears as a challenge to poverty-alleviation drives in less-fortunate countries. If Dhaka is taken for...
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