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Saudi Arabian co likely to be appointed PCT operator

MUNIMA SULTANA | 2022-12-01 00:00:00

The government has started working with a Saudi Arabian company to examine whether it can be appointed to operate the newly built Patenga Container Terminal (PCT), officials said.They said a delegation of Red Sea Gateway Terminal (RSGT) arrived here this...

Qatar bans sea-food from BD

REZAUL KARIM | 2022-12-01 00:00:00

Qatar has imposed a temporary ban on import of sea-foods from Bangladesh, as health hazardous bacteria were found in some export consignments, sources said.The import ban included different sea-foods, like fish, shrimp, squid, mussels, oysters, etc, they added.The move came...

The road to study in Germany

Iftekharul Islam | 2022-12-01 00:00:00

Germany has been known for its technological advancement and stellar academic reputation for over a century. Every year, more than hundreds of thousands of students, mostly from technical backgrounds, choose this country as their academic destination. To make their student...

The animals we regularly demean

Syed Badrul Ahsan | 2022-12-01 00:00:00

Animals too have dignity.And yet there are the thousand and one ways in which we regularly humiliate the animals with whom we share this planet. Every reference to them, every categorization of them, is pejorative, to a point where in...

Agent banking: a new approach for financial deepening

Ahsan Mansur and Hasnat Alam | 2022-12-01 00:00:00

Bangladesh has done exceptionally well in reducing poverty in the last five decades. Since its independence, poverty has fallen from above 80 per cent to 24.3 per cent in 2016. Various poverty alleviation and production-oriented schemes, large inflows of workers'...

Does DSE prime index’s better performance reflect reality?

Mohammad Mufazzal | 2022-11-30 12:00:00

It was March 8 when the securities regulator felt compelled to impose 2 per cent lower circuit breaker to stop the benchmark index of the Dhaka bourse from plunging further. The previous two weeks had proved brutal, with the index...

Project suffers snag for no TA

MUNIMA SULTANA | 2022-11-30 00:00:00

The planned multimodal transport hub at Kamalapur rail station has suffered for more than a year for not getting a transaction adviser (TA) to study its viability.The Bangladesh Railway (BR) and the PPP Authority (PPPA) initiated to build the Kamalapur...

Govt set to finalise RMG Sustainability Council framework

REZAUL KARIM | 2022-11-30 00:00:00

The government is set to finalise a framework for RMG Sustainability Council (RSC) with an eye to monitoring the overall activities of the national tripartite initiative - representing each of the three constituents from industry, global fashion brands, and global...

Pan-Asian cuisines rising in popularity

Tasmim Sultana Nawmi | 2022-11-30 00:00:00

The desire for Pan-Asian food has been heavily influenced by rising disposable income and the rising popularity of travel to Asian nations. This expansion, driven by a youthful, upwardly mobile middle class presumably looking for fresh dining experiences, is the...

Competition landscape of the MFS Industry in Bangladesh

Rubaba Tahasin and Mohammad Enamul Hoque | 2022-11-30 00:00:00

With enhanced access to digital financial products and services, the Mobile Financial Services (MFS) industry in Bangladesh is expanding every year. In July 2022, there were over 181 million accounts held with 13 MFS providers in Bangladesh, a 16 per...

Ill-fated BSC ship still stuck in Ukraine waters

SYFUL ISLAM | 2022-11-29 00:00:00

The missile-hit vessel of Bangladesh Shipping Corporation (BSC) that remained stuck in the Ukrainian waters is yet to be brought back as the war situation did not improve and agents of the re-insurer could not reach there, officials here said.The...

Once a safe haven for Asian elephants, habitat for the species declining fast in Ctg, CHT

NAZIMUDDIN SHYAMOL | 2022-11-29 00:00:00

CHATTOGRAM, Nov 28: Once considered a safe abode for wild elephants, Bangladesh's hills and forest lands, which have shrunk considerably in the last few decades, is becoming unsafe for the animal habitation. As months and years go by, forest lands...

Right stocks chosen, today's bets will yield good returns in 2-3 yrs

Mohammad Mufazzal | 2022-11-29 00:00:00

Today's depressed stock market offers an opportunity to invest for good returns in two-three years' time if one can choose right stocks to bet their money on, said asset manager Reaz Islam. The stock market has been sluggish after a...

Mutual funds promise good returns on long-term investments

Mohammad Mufazzal | 2022-11-29 00:00:00

Investors can cut down risk and achieve good returns from long-term investments in mutual funds rather than crowd into weak stocks that rally for no good reasons. However, the stock market is dominated by individual and even institutional investors who...

The deadly network

Syed Fattahul Alim | 2022-11-29 00:00:00

With the rise in political and social unrest and wars, people are getting dislodged from their ancestral homes in greater numbers. People thus uprooted from their homes seek shelter in refugee camps, if there are any. Many others try to...

Electronic-waste is a growing public health threat for BD

Hasnat M Alamgir | 2022-11-29 00:00:00

There has been astonishing growth in the use of electronic products (e-products) in Bangladesh over the last two decades. These products include television, cell phones, laptops and desktop computers, automated machinery, medical devices, household and industrial appliances, office equipment (fax...

Online system risks VAT receipt fiasco

DOULOT AKTER MALA | 2022-11-28 12:00:00

The digitised system of value-added tax (VAT) now operates in a state vulnerable towards collection fiasco for a lack of proper maintenance for unavailability of funds, sources say.Many of its backup systems already went out of order while other services...

Dhaka to request Washington to restore GSP

REZAUL KARIM | 2022-11-28 00:00:00

Dhaka would request Washington to restore the Generalized System of Preferences (GSP) for widening the market access of its products to the US - the single-largest export destination for Bangladesh.The 6th meeting of the Trade and Investment Cooperation Forum Agreement...

Too many issue managers chase too few IPOs

Mohammad Mufazzal | 2022-11-28 00:00:00

It was 2016 when Swadesh Investment Management last performed as an issue manager while bringing out the initial public offering of Dragon Sweater and Spinning Limited. A fine of Tk 5 million has recently been slammed on the merchant bank...

A potential threat from Sars-Cov-2-like virus

Neil Ray | 2022-11-28 00:00:00

The latest finding of five viruses pathogenic to humans and livestock in southern China is indeed a cause for serious concern. This is only more so because one of the pathogens has close resemblance with Sars-Cov-2 and Sars. Samples taken...

Growth that benefits the rich

Syed Fattahul Alim | 2022-11-28 00:00:00

The top one per cent of the country's rich has not experienced much change in their earnings or amounts of wealth recently when compared to their status a year before, so says a recent study. In 2020, the country's richest...

Hopes high about dev as Karnaphuli tunnel’s south tube work ends

Munima Sultana from Karnaphuli Tunnel in Patenga, Chattogram | 2022-11-27 00:00:00

The Karnaphuli tunnel in Chattogram will help drive the local economy through facilitating industrial development and regional connectivity. The tunnel, which is a result of an unconventional diplomacy with China, will be a new addition to the two existing infrastructure...

MNOs get until Jan 15 for filing network tower plans

ISMAIL HOSSAIN | 2022-11-27 00:00:00

The country's mobile network operators (MNOs) have to submit plans for building, leasing and selling of network towers (base transceiver station or BTS) to the regulator by January 15 for period until June 30, 2023. Bangladesh Telecommunication Regulatory Commission (BTRC)...

Foreign funds leave depressed stocks for gains elsewhere

Mohammad Mufazzal | 2022-11-27 00:00:00

Foreign investors' sales volumes have been much higher than buy volumes in the stock market in the six months through September, indicating their intention to pull out of the market. The depreciation of the taka against the dollar portrayed a...

Where is Bangladesh in IP world?

Asjadul Kibria | 2022-11-27 00:00:00

Asia has emerged as the leading region to protect intellectual property (IP) rights in the world, which indicates that Asian countries are advancing fast to develop a knowledge-based and invention-oriented society. Though not all the countries are moving in the...

BBA to celebrate 1st tube civil work completion today

Munima Sultana From Karnaphuli Tunnel site in Patenga, Chattogram | 2022-11-26 00:00:00

The country's first river tunnel under the Karnaphuli is likely to be opened for traffic in a few months, as civil work on the first tube of the 3.2-kilometre-long Bangabandhu Sheikh Mujib Tunnel is completed.The Bangladesh Bridges Authority (BBA) is...

A contraption called school van

Nilratan Halder | 2022-11-26 00:00:00

Of the many indigenously developed contraptions, a school van is only a type. The rickshaw vans have no roof and enclosure but the school vans have both with bench-like seating arrangement on three sides within. While flat-bed tricycles like 'nasimon',...

3rd Ceramic Expo begins in capital

FE ONLINE REPORT | 2022-11-25 00:00:00

Commerce Minister Tipu Munshi on Thursday assured the ceramic industry leaders that the ongoing gas-supply crisis, which affected production in factories, would be solved by January.The minister gave the assurance at the inauguration ceremony of the Third Ceramic Expo Bangladesh...

SME board's investment rules: a conundrum

BABUL BARMAN | 2022-11-25 00:00:00

The Small Capital Platform Index -- DSMEX -- plummeted 40 per cent or 898 points to 1,346 over the three months to November 23 after the securities regulator had revised the minimum investment to Tk 3 million from Tk 2...

Ctg Ring Road opens to traffic fully next month

NAZIMUDDIN SHYAMOL | 2022-11-25 00:00:00

CHATTOGRAM, Nov 24: Construction of the Coastal Road, popularly known as Ring Road, with an updated design is almost complete now. It will fully open to traffic after inauguration of the 'Bangabandhu Sheikh Mujibur Rahman Tunnel' next month. The authority...