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Well-trained, they now bargain for a better deal

SAJIBUR RAHMAN, back from Sylhet | 2022-12-12 00:00:00

Hundreds of underprivileged youths, who mostly lost their jobs during the Covid-19 pandemic in Bangladesh's north-eastern Sylhet region, are now being employed in various sectors after they received much-required skills training.Nearly 88 per cent of the youths in the region...

Chinese co appointed O&M contractor for Karnaphuli Tunnel

MUNIMA SULTANA | 2022-12-12 00:00:00

The government has finally appointed a Chinese contractor for operation and maintenance (O&M) of the Karnaphuli Tunnel, revising a provision that 35 per cent of the five-year contract value of about Tk 9.84 billion will be paid in foreign currencies....

Japan agrees to carry out jt feasibility study on FTA

SYFUL ISLAM | 2022-12-12 00:00:00

Japan has finally agreed to start a joint feasibility study on the signing of a Free Trade Agreement (FTA) or Economic Partnership Agreement (EPA) with Bangladesh to bolster bilateral trade, officials say. To this end, Dhaka and Tokyo will make...

BSC no longer loss-making entity, says minister

NAZIMUDDIN SHYAMOL | 2022-12-12 00:00:00

CHATTOGRAM, Dec 11: Once a losing concern, the Bangladesh Shipping Corporation had earned much more than spent in the last three consecutive financial years while its net profits also significantly rose in the 36-month period. Due to its overall better...

Low rights offering: Result of prevention of abuse

BABUL BARMAN | 2022-12-12 00:00:00

The seven-year-low fund raised via rights shares this year has been blamed largely on the tightening of regulatory measures, but experts believe the decline happened to the advantage of investors with the fund abusers dissuaded. The authority has also been...

Manipulative price rise is what hurts most

Neil Ray | 2022-12-12 00:00:00

Even though it is still Agrahayan --- the last month of the season of Hemanta or late Fall or Autumn --- on the Bangla calendar, the air is ripe with wintry chill. The array of vegetables that bear the stamp...

Coup plot to topple German Republic

Syed Fattahul Alim | 2022-12-12 00:00:00

A fringe group that believes in conspiracy theory and want to take their country back to pre-World War II era, more specifically, to the time of Second Reich in 1871, did hatch a plot to overthrow the modern democratic German...

Ctg-Cox's Bazar-Gumdhum rail route to be operational in June next: Officials

Nazimuddin Shyamol | 2022-12-11 12:00:00

CHATTOGRAM, Dec 09: Extended by two years, the Chattogram-Dohazari-Cox's Bazar-Gumdhum (CDCG) rail route project is likely to be completed one ahead of the latest deadline fixed earlier this year, an official said.Originally scheduled to be completed in June this year...

Mkt diversification: A shield yet to be strong enough to protect investors

Mohammad Mufazzal | 2022-12-11 00:00:00

Thousands of investors burnt their fingers in the stock market debacles in 1996 and 2010, and many of them are yet to recover from the financial damages inflicted on them in the latest incident. They see the value of their...

Low carbon cities in Asia and the Pacific

Armida Salsiah Alisjahbana | 2022-12-11 00:00:00

Cities are key players in combating climate change and its effects. They are responsible for 70 per cent of global greenhouse gas emissions and consume 80 per cent of global energy. Thus, without significant changes in the way cities produce...

Bangladesh's growing global footprint in merchandise trade

Asjadul Kibria | 2022-12-11 00:00:00

The momentum of the world trade, which rebounded strongly in 2021, slowed down in the second half of the outgoing year and remained subdued in the third quarter. The last quarter is yet to end and it will take a...

Take funds to farmers' doors, cut costly NGO lending: Govt

SYFUL ISLAM | 2022-12-10 00:00:00

Food security takes top priority in Bangladesh, amid global alert to crisis-time famines, as the government asks banks to take funds to farmers' doors to reduce costly NGO lending. Officials say aiming to ensure easy access of farmers to bank...

India's transshipment facilities unlikely to benefit BD trade

REZAUL KARIM | 2022-12-10 00:00:00

Bangladesh will hardly derive any benefit from the transshipment facilities by exporting its products through Indian territories to third countries, according to an assessment by the National Board of Revenue (NBR).India has widened the facilities by including riverine routes with...

China offers $11b JV project

MUNIMA SULTANA | 2022-12-10 00:00:00

A Chinese company has offered to build tracks and operate high-speed train on Bangladesh's prime Dhaka-Chattogram corridor with an investment of over US$ 11 billion, officials say. The Chinese firm has proposed to form a joint-venture company with the governments...

Terrific traffic jam eats up time of Ctg commuters

NAZIMUDDIN SHYAMOL | 2022-12-10 00:00:00

CHATTOGRAM, Dec 09: Traffic congestion, which increased fast in the last several years in port city and its adjoining areas, has been disrupting normal life in the city severely, ordinary city-dwellers, traders and urban planners said. They said that traffic...

Stocks back in the red amid multiple headwinds

BABUL BARMAN | 2022-12-10 00:00:00

Stocks retreated into the red in the outgoing week to Thursday, after a single-week break, as political tensions added to a prolonged bearish sentiment, prompting investors to stay away from the market.Moreover, 82 per cent of shares remain trapped in...

The discourse over democracy

Washim Palash | 2022-12-10 00:00:00

Since the dawn of civilisation, the most cherished values of the humans' progressive journey are democracy and people's well-being. More precisely, democracy is 'power of the people' or 'rule by the people' whereas well-being defines 'the state of being comfortable,...

Scientific breakthroughs holding limitless prospect

Nilratan Halder | 2022-12-10 00:00:00

Science has always been in search of breaking new grounds. Recently two such ground-breaking achievements have been reported ---one from the United States of America and the other from the Netherlands. The US Food and Drug Administration has approved artificially...

A career in product management: what, why and how

Zahidul Chowdhury Rahee | 2022-12-10 00:00:00

Product management, not to be confused with project management, is an exciting and lucrative career path in today's world. The role does come with generous salaries, rewarding work, good perks, and is highly demanding. It requires a unique combination of...

Low turnover eats away 27pc tax collection from DSE in Jul-Nov

BABUL BARMAN | 2022-12-09 00:00:00

In a chain reaction, tax collection from the Dhaka Stock Exchange dropped over the last five months, compared to the corresponding period last year. At first, sluggish economy drag the market down. The price movement restriction was then imposed to...

Challenges before introduction of new education curricula

Nilratan Halder | 2022-12-09 00:00:00

If people are confused about the introduction of the new national education curriculum, they cannot be blamed. Under a pilot project it was supposed to be introduced for class I and class VI in 100 primary and secondary schools each...

Now NBR to check whether trade body members pay tax

DOULOT AKTER MALA | 2022-12-08 00:00:00

Tax profiles of members of Bangladesh's trade bodies, commercial organizations and associations are now under scanner as the revenue authority is checking if they submit tax-payment returns, officials say.The National Board of Revenue (NBR) has asked field-level tax offices to...

Launch of REIT: Fraudulent asset valuation makes regulator jittery

Mohammad Mufazzal | 2022-12-08 00:00:00

Asset valuation has become an issue of anxiety for the securities regulator in the run up to the launching of the Real Estate Investment Trust (REIT). Ensuring that investors get good returns or dividends from the funds injected in REIT...

Finishing education, desperately seeking employment

Syed Badrul Ahsan | 2022-12-08 00:00:00

There is much that we need to reflect on where the future of the young is the issue in Bangladesh. The facts are before us. Begin with population, which is a whopping --- and disturbing --- 160 million-plus. The idealists...

Bangladesh needs to focus on social determinants of population health

Hasnat M Alamgir | 2022-12-08 00:00:00

The US Agency for Healthcare Research and Quality defines the emergency department (ED) as the hospital department responsible for the provision of medical care to patients arriving there at any time in need of immediate care. ED of a hospital...

Incentives for rice import may prolong

DOULOT AKTER MALA | 2022-12-07 00:00:00

Bangladesh may extend the tax benefit for import of rice by three months until March to contain price rises of the staple, particularly in the lean period before next harvest.Officials say the contingency plan is under consideration as global prices...

Genex Infosys to triple its revenue in 5 yrs, bolstered by recent deals

BABUL BARMAN | 2022-12-07 00:00:00

Genex Infosys forecasts its IT business to triple in the next five years on the back of three deals signed in recent times.The 10-year deal to help the National Board of Revenue boost its VAT collection countrywide is likely the...

Cleaning your home to prevent Dengue

Mehnaz Lameesha | 2022-12-07 00:00:00

Hospitals in the country usually see patients admitted with dengue symptoms between April and September. This mosquito-borne viral disease is characterised mainly by high fever, severe headache, pain behind the eyes, nausea, muscle and joint pain, and blood clots throughout...

Story of an unmatched growth

Zarif Munir, Saibal Chakraborty, and Tausif Ishtiaque | 2022-12-07 00:00:00

Business in Bangladesh is robust with an energy and optimism that puts this nation at the forefront of global growth. The country could have easily been overshadowed by its neighbour to the northeast-China or its continental cousin to the west-India...

Sourcing funds for climate action

Haseeb Md. Irfanullah | 2022-12-07 00:00:00

For developing nations, the COP27 climate conference held in this November at Sharm El-Sheikh, Egypt has become a landmark event. The 'Sharm El-Sheikh Implementation Plan' agreed by the nations captures the steps towards establishing a new funding mechanism which will,...