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Global warming & climate change - a fire alarm

Akber (AL) Hakim | 2022-12-07 00:00:00

Just a few decades back hardly anyone talked about global warming and much less about climate change, even though the effects of fossil fuel burning and the impending warming of the earth had been talked about for over a century,...

A tourist zone in the making

A SPECIAL REPORT | 2022-12-07 00:00:00

Bangladesh is blessed with many beaches including the longest in the world. The sandy beach in Cox's Bazar stretching up to Teknaf is around 125 kilometres long. This rare unbroken beach is rich in natural beauty and amazing views. Besides...

CPA opening new routes from Ctg Port

A SPECIAL CORRESPONDENT | 2022-12-07 00:00:00

The Chittagong Port Authority (CPA) has opened some new routes from the seaport on a priority basis now. After reopening of the Chittagong-Europe sea route formally on February 7 last after long 45 years since 1977 it has created possibilities...

High exchange rate remains the crux of problem

Nurul Qayyum Khan | 2022-12-07 00:00:00

Private container depot owners' leader Nurul Qayyum Khan has said the volatile exchange rate is affecting exports of the country.Due to the low foreign exchange reserve and volatile exchange rate, the imports of the country are becoming costlier which is...

Matarbari hosts prime business hub of the region

NAZIMUDDIN SHYAMOL | 2022-12-07 00:00:00

The Matarbari area in Cox's Bazar is wearing a new look as the mega projects like Deep-Sea Port are being implemented there. The other projects include Coal-based Power Station, LNG Terminal and development of highways.Work on the dream deep-sea port...

Gas, power, dollar giving industries trying time

Alihussain Akberali | 2022-12-07 00:00:00

The chief of local steel products manufacturer BSRM Group viewed the shortage of gas, power and the US dollar as major hurdles to industrial development in the country.BSRM Group Chairman Alihussain Akberali said the high flying inflation rate remained one...

Chittagong seaport: heartland of Bangladesh's economy

Nazimuddin Shyamol | 2022-12-07 00:00:00

Since as far back as 1888, the port of Chittagong, the prime seaport of Bangladesh with shore-based facilities, has been playing a pivotal part in the economic development of the country. It is considered heart of the economy, principally for...

Hurdles that hurt trade and business in Ctg business hubs

Nazimuddin Shyamol | 2022-12-07 00:00:00

Businesspeople in Bangladesh's business heartlands at Chaktai, Khatonganj and Asadganj are suffering from three major crises which are hampering their trade and business as well as disrupting the countrywide supply chain of essentials. Weighing scale on the Dhaka- Chattogram highway,...

Bangladesh's economic development & the Bay of Bengal

Imtiaz A. Hussain, Obydullah Marjuk and Asheer Shah | 2022-12-07 00:00:00

Two colliding forces haunt Bangladesh in the early 21st Century. They explain the three colours in the title. Whereas ‘gray’ represents industry and ‘green’ environmental sustainability, the ‘blue’ is the ocean, in Bangladesh’s case its nearest access to the ocean:...

Closing gender gap: an essential tool to combat climate change

Babui Salsabil | 2022-12-07 00:00:00

The COP27 Climate Conference saw world leaders and activists come together at Sharm el-Sheikh, Egypt, in November 2022 to catalyse global efforts to challenge the climate crisis. Among many unsettling issues that came to the forefront, one was that the...

Behavioural finance at the personal level

Md. Risalat Huda | 2022-12-07 00:00:00

Humans are not always rational, and the decisions they make are often imperfect. When it comes to personal finance, people have self-control limitations and are easily influenced by assumptions, emotions, and perceptions. These biased and irrational behaviours seldom go without...

Bangladesh The milieu of social justice & economic emancipation

Muhammad Abdul Mazid | 2022-12-07 00:00:00

Macroeconomic and social indicators show that Bangladesh has been better off as an independent nation though it is far behind in achieving its primary goal of alleviating economic and political inequality. Macroeconomic growth contributed to higher national income, but growing...

Road tragedy on DU campus that could be avoided

Syed Fattahul Alim | 2022-12-06 00:00:00

Road accidents have become so common and almost routine-like that newspaper readers or viewers of electronic media won't care to give a second look at any report on accidents involving deaths and injuries unless it contains bad news about their...

Time to make rooftop solar shine

Shafiqul Alam | 2022-12-06 00:00:00

Bangladesh has set a target of unconditionally reducing 26.31 million tonnes of CO2 equivalent from the energy sector alone by 2030 in its Nationally Determined Contributions (NDCs). To achieve its goal, Bangladesh must recognise the vital role rooftop solar can...

Covid pandemic: a case of failure of governance

Hasnat Abdul Hye | 2022-12-06 00:00:00

Unarguably, the Covid-19 pandemic that ran amok for two years in untrammelled fury was a Black Swan, an unprecedented rare event with disastrous consequences for human lives and their livelihood across the world. It took a death toll of 6.6...

Pseudo 'foreign' cos cashing in on EPZ privileges

DOULOT AKTER MALA | 2022-12-05 12:00:00

Customs sleuths have dug out abuse of fiscal bounties in Bangladesh's Export Processing Zones (EPZs) by pseudo firms using 'foreign company' tag and also money laundering, officials say.Pecuniary offences like import of restricted or banned products, money laundering, smuggling, duty...

Investors stay away from stocks, dismayed by low profit from higher investment

BABUL BARMAN | 2022-12-05 00:00:00

An exodus of investors from the capital market reduced the number of beneficiary owner's (BO) accounts by 11.06 per cent, or 0.23 million, to 1.85 million in the six months through November 30. They felt discouraged from sticking around as...

Inhuman and tragic

Nilratan Halder | 2022-12-05 00:00:00

The incident of crushing, dragging and both together of victims fallen off a small and slow moving vehicle when hit from behind by a bigger one happened before. In all such cases of rear-end collision, the drivers were, as usual,...

Is AI a blessing or a danger to humanity?

Syed Fattahul Alim | 2022-12-05 00:00:00

Nowadays the use of Artificial Intelligence (AI) has been increasing by leaps and bounds. This is happening in most cases even without our knowledge. The smartphone the common people are used to in their everyday communication has many of its...

Over Tk 193.6m orders received in SME fair

DOULOT AKTER MALA | 2022-12-04 00:00:00

Light engineering sector has received encouraging responses from the businesses in the SME fair raising hope to develop an import substitute industry. The 10th Small and Medium Enterprise Fair or SME Fair-2022 concluded on Saturday in the city amid huge...

Alternative Trading Board to begin trades of non-listed stocks in Jan

Mohammad Mufazzel | 2022-12-04 00:00:00

Over-the-counter trading of non-listed securities will come to an end with the Dhaka Stock Exchange's Alternative Trading Board (ATB) set in motion on January 1 next year. The platform will allow investors -- both institutional and individual -- to transact...

Rising risks in Bangladesh's banking sector

Asjadul Kibria | 2022-12-04 00:00:00

Bangladesh's banking sector is always in public discussion and debate mainly centre around corruption and irregularities. This rot from within has turned most state-owned banks loss-incurring and also weakened a few private commercial banks. Barring the Oriental Bank in 2006,...

Govt updating info deal to recover laundered money

SYFUL ISLAM | 2022-12-03 12:00:00

Redrafting deal documents is underway as the government is set to sign sure-fire Mutual Legal Assistance (MLA) treaties with countries to obtain information and retrieve laundered money, officials say.The step is taken amid swinging criticisms from various quarters in society,...

Brick production hit, price rise feared as coal scarce

REZAUL KARIM | 2022-12-03 00:00:00

Coal-supply shortage is affecting production of local brickfields, raising fear of further price surge of the key construction material, sector insiders said.According to them, the country's brickfields are facing a shortage of coal, used as the primary fuel in brick...

DSEX snap three-week losses, driven by pharma stocks

BABUL BARMAN | 2022-12-03 00:00:00

Stocks bounced back in the outgoing week to Thursday, snapping a three-week losing streak, as bargain hunters put fresh bets on some selective stocks, although investors' participation continued to decline amid persisting economic headwinds.Surge in prices of pharma stocks such...

Delving deep into rich-poor divide

Doulot Akter Mala | 2022-12-03 00:00:00

A recent flagship report of the United Nations Research Institute for Social Development (UNRISD) said the global health crisis doubled the wealth of the 10 richest men in the world while sending nearly 120 million people into extreme poverty.The report...

Upsets galore but WC Football makes a statement for Asia and Africa

Nilratan Halder | 2022-12-03 00:00:00

The FIFA World Cup Football has never seen upsets of this order before as the 22 edition now being held in Qatar is witnessing. Only three teams ---England, Portugal and Brazil --- still remain unbeaten in the group stage. But...

Focus on internal climate refugees

Nilratan Halder | 2022-12-02 00:00:00

The third edition of the annual Global School on Refugee and Migrant Health organised by the World Health Organisation (WHO) in Dhaka concludes today. This five-day open e-learning hybrid event hosted by the health ministry brought together policymakers, UN partner...

'There is a silver lining for Bangladesh to this gloom & doom'

Asjadul Kibria | 2022-12-02 00:00:00

Notwithstanding sound macroeconomic management for the past three decades, the external shocks originated from the Russia-Ukraine war have threatened the stability of the Bangladesh economy like that of many other developing nations. The country's economy, however, is still strong enough...

Relaxed block trades yet to pull big investors

Mohammad Mufazzal | 2022-12-01 12:00:00

The block board of the Dhaka bourse has not seen any boost to its daily turnover volume due to low investor participation even after the November 15 relaxation of the floor price restriction.The new policy allows stocks to be traded...