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Consolidation of cultural mooring is sorely missed

Nilratan Halder | 2024-08-10 00:00:00

All great revolutions in human history have sought to redefine the nature of political power and transform society in favour of the governed, so has this latest student movement in Bangladesh. The uniqueness of this movement is that the original...

Let people's power sustain and triumph

Nilratan Halder | 2024-08-09 00:00:00

A paradigm shift in the non-political student movement for reform to quota system in government service in favour of an anti-discrimination revolution has made history. Few people believed that an innocent quota reform movement could transcend the boundary to gain...

Re-building the state of Bangladesh

Hasnat Abdul Hye | 2024-08-09 00:00:00

‘Rebuilding’ may be the wrong word when it comes to the state of Bangladesh because it never got off beyond the drawing board after independence was won. The state, complete with organs and institutions, was delineated in the constitution meticulously,...

Higher water level at Kaptai lake boosts power generation

NAZIMUDDIN SHYAMOL | 2024-08-08 00:00:00

The elevated water levels in Kaptai Lake this monsoon season have boosted power generation at the Kaptai Hydroelectric Power Station.The plant is currently generating between 200 and 205 megawatts (MW) of electricity a day, the highest power output recorded at...

Fidel Castro: the life of a revolutionary statesman

Syed Badrul Ahsan | 2024-08-08 00:00:00

This is the story of a statesman in whom revolutionary fervour was all. In him was a fire which lit up the world, gave it hope.Fidel Castro never had any doubts about communism being a force for good in the...

Build a police force guided by professionalism

Atiul Kabir Tuhin | 2024-08-08 00:00:00

One of the most vital ingredients and integral parts of democracy is a police force that abides by the law itself and is above reproach. In the aftermath of the student-mass upsurge that toppled the Sheikh Hasina government on August...

A day after a bad night's sleep

FE LIFESTYLE | 2024-08-07 00:00:00

While the country's situation is tumultuous, the people of Bangladesh have forgotten to sleep at night, scrolling social media to know what is happening around them. While almost all of us are suffering from sleep deprivation, it'll take some time...

A safety net for RMG workers in BD

Hasnat M Alamgir | 2024-08-07 00:00:00

Bangladesh has implemented the Employment Injury Scheme Pilot (EIS-PILOT) to help compensate workers in the readymade garment (RMG) industry who sustain workplace injuries or lose their lives. This programme aims to give RMG employees and their families some measure of...

People resorting to panic buying

Syed Fattahul Alim | 2024-08-06 00:00:00

Far from easing off, the events surrounding the students' quota protests which have taken the new name with broader connotation, 'anti-discrimination students' movement, have been getting more violent. The encounters of the demonstrating students with the law-enforcers and the pro-government...

The economy needs lots of rebuilding

Shamsul Huq Zahid | 2024-08-06 00:00:00

The protests centring the anti-quota movement of the students have so far left more than 300 people dead and thousands injured in just 20 days across the country. The massiveness of the students' protests and the response to them by...

Foreign fund outflow is feared to accelerate from market

BABUL BARMAN | 2024-08-05 00:00:00

The deepening political crisis and fierce clashes centering the students' non-cooperation movement severely affected the foreign investors' sentiment, which market experts fear will intensify their sell-offs.Tension heightened among overseas investors, as much as local investors, amid a new wave of...

Education facing further setback

Neil Ray | 2024-08-05 00:00:00

The country's quality of education has always left much to be desired but some initiatives made lately certainly showed the promise of bringing about positive changes--- even if those were small ones. That the University of Dhaka (DU) ranked 554th...

Challenging times for economy

Syed Fattahul Alim | 2024-08-05 00:00:00

The European Union (EU)'s postponement of its first round of talks with Bangladesh on a fresh agreement towards enhancing trade, economic and developmental relations scheduled for September has occurred at a time when the country's economy is facing multiple challenges,...

Show-cause notice to 50 MFIs for failure to submit annual reports

Ismail Hossain | 2024-08-04 00:00:00

The Microcredit Regulatory Authority (MRA) has issued show-cause notices to 50 microfinance institutions (MFIs) to explain why they failed to submit their annual financial reports for 2022-23.MFIs were supposed to submit financial reports for 2022-23 by September 2023 -- three...

Supply chained up, demand punctured

Doulot Akter Mala | 2024-08-04 00:00:00

A heated climate is bad for business. It disrupts supply chains and dampens consumer spending.That is exactly the pinch businesses face after at least five days of internet blackout, several days of continuous curfew, and a complete shutdown of offices.Traders...

Why it's as real as Bigfoot and Unicorns

Galib Nakib Rahman | 2024-08-04 00:00:00

Remember the scene -- Season 4, Episode 12, FRIENDS? Monica: He's got something to do with transpondingRachel: He's a tra..transponster!!!Monica: THAT'S NOT EVEN A WORD!!!!!Or the scene where Chandler Bing struggles to explain his job? "I'm an IT procurement manager...

Ctg apparel-makers face millions in export fraud losses

Nazimuddin Shyamol | 2024-08-04 00:00:00

CHATTOGRAM, Aug 03: Small garment factories in the port city of Chattogram are crying foul over a surge in export fraud that is costing them millions of dollars, as the exporters' association says they are "very concerned" over the issue....

Don't push economy off the cliff

Atiqul Kabir Tuhin | 2024-08-04 00:00:00

From an economic perspective, the month of July 2024 will be remembered as a particularly challenging one. Not since 1971 has unrest over a non-political issue so badly affected the economy. There are various estimates of how the two weeks...

On tariff cuts: from GATT to WTO

Asjadul Kibria | 2024-08-04 00:00:00

When the Marrakesh Agreement Establishing the World Trade Organization (WTO) was signed 30 years ago, it was expected that the world would witness a gradual decline in tariffs obstructing free trade in goods among the nations. The contracting parties of...

Wealthy few shoulder most of the tax load

DOULOT AKTER MALA | 2024-08-03 00:00:00

A small number of wealthy individuals are shouldering the bulk of the income tax burden, while millions of others pay minimal amounts, according to tax administration annual data.Only 2.8 per cent of individual taxpayers contribute 30.6 per cent of the...

Cargo boxes gathering dust in Ctg port, Dhaka ICD

SYFUL ISLAM | 2024-08-03 00:00:00

Prolonged rail-traffic suspension amid countrywide unrest results in huge export and import containers gathering dust in Bangladesh's prime port and Dhaka depots, sources say and fear its fallout on production, trade and market. Officials say over 1,800 TEUs (twenty-foot equivalent...

How a traumatised Bangladesh can hope for a recovery

Nilratan Halder | 2024-08-03 00:00:00

It is a traumatised Bangladesh where life has become insufferable. Notwithstanding the daily doses of trials and travails they were subjected to following the Covid-19 epidemic and Ukraine war, even the underprivileged and the marginal people hoped for better days...

Leading NBFIs return to growth in Q2, with restrictions on rate removed

BABUL BARMAN | 2024-08-02 00:00:00

Despite economic challenges amid high inflation, the leading non-bank financial institutions (NBFIs) posted higher profits in the second quarter (Q2) through June this year, driven by a higher interest spread.The gap between interest rates against loans & advances and interest...

Soaring spirit of the Olympics

Nilratan Halder | 2024-08-02 00:00:00

Called the greatest show on earth, the Olympics showcases the soaring human spirit at its summit in multidisciplinary games and sports. The beauty of the competition unfolds in myriad forms of physical ability, skills, tactics, resourcefulness of mind, endurance or...

Immigrants are new, migration is not

Hasnat Abdul Hye | 2024-08-02 00:00:00

For quite some time, meaning years in contemporary history, there has been a tidal wave of resentment against immigration in countries on both sides of north Atlantic. Popular anti-immigration sentiments building up over the years have been co-opted by politicians...

Education on hold: Students face an uncertain future

Atiqul Kabir Tuhin | 2024-08-01 12:00:00

The recent unrest sparked by the students' Quota Reform Movement and subsequent curfew and Internet shutdown, have cast a long shadow of grief and uncertainty over Bangladesh severely damaging the economy and disrupting daily life. Although the government has taken...

Here is time Marico is set to distribute income to foreign owners

BABUL BARMAN | 2024-08-01 00:00:00

Marico Bangladesh has declared a record 1,000 per cent interim cash dividend for the three months to June this year. This dividend payout will be the highest even when compared to yearly dividends paid by the multinational company since its...

An icon of nation’s financial journalism

Siddique Islam | 2024-08-01 00:00:00

A.H.M. Moazzem Hossain, who passed away on August 1, 2018, was a towering figure in the realm of economic journalism in Bangladesh. As we commemorate the sixth anniversary of his passing, it is befitting to remember and celebrate his indelible...

When the young die . . .

Syed Badrul Ahsan | 2024-08-01 00:00:00

When the young die, something goes out of the souls of the ageing. When the young die or are done to death by nature, by the elements of the dark, it is the future which becomes the casualty. The future...

Govt sits tomorrow to devise strategies

REZAUL KARIM | 2024-07-31 00:00:00

The government will sit to devise strategies for issuance of sovereign guarantee against Tk 50 billion to be provided to the state-run ICB aiming to inject into the ailing capital market, sources said.The loan will be taken from the Bangladesh...