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Money power behind unifying spirit of football!

Nilratan Halder | 2022-11-25 00:00:00

A sumptuous feast of entertainment, thrill, suspense, excitement, upsets, burst of joy or a frustrating breakdown is what this World Cup Football 22 is proving to be. But can it be a panacea for the woes and sufferings of the...

BD least prepared to benefit from tech transfer

DOULOT AKTER MALA | 2022-11-24 00:00:00

Technology transfer from the developed world in most cases turns unsuccessful in Bangladesh as it is found least prepared yet with sufficient homework on specific needs assessment. Relevant factors have to be considered in identifying areas where the country required...

Science studies are today's imperative

Syed Badrul Ahsan | 2022-11-24 00:00:00

Science matters. With COP-27 drawing to a close in Sharm el-Sheikh, the need to have the planet pulled back from the brink assumes greater importance than ever before. If on the one hand science, in the form of unbridled industrialization...

Unexpected gain at unexpected time: Square Pharma stays ahead of peers

Mohammad Mufazzal | 2022-11-23 00:00:00

Square Pharmaceuticals has yet again proved its dominance in the industry and business acumen. Just like many other pharma and non-pharma companies, it has experienced a significant rise in administrative and operating expenses because of the today's macroeconomic realities -...

Brick field workers -- an abandoned, disposable group!

Hasnat M Alamgir | 2022-11-23 00:00:00

The Bangladesh High Court directive on the government to ban the operation of all illegal brick kilns and the use of fuel woods is a welcome move. The petitioner's lawyer argued that no brick kiln should be operated without obtaining...

From Covid to a looming recession: lessons from vulnerabilities of RMG workers

Lubaba Mahjabin Prima and Omar Raad Chowdhury | 2022-11-23 00:00:00

It is now more or less evident that the world economy is heading for a recession. The promise of the post-COVID economic recovery that marked the beginning of 2022 now lies shattered, thanks to the European military crisis and the...

Towards export-led growth

Md Arifur Rahman, FHM Humayan Kabir, Md Rafiqul Islam and SM Salahuddin | 2022-11-23 00:00:00

Bangladesh is a development surprise to many global economic researchers and policy makers. In the last 50 years after the independence from Pakistan in 1971, Bangladesh has steadily accelerated its economic growth which helps achieve its human development and reduce...

The triangular epitome of employment challenges in Bangladesh's labour market

Mohammad Nazmul Avi Hossain | 2022-11-23 00:00:00

Bangladesh progressed impressively during its 50 years' journey after independence in terms of social and economic development. Bangladesh's average per capita GDP growth rate has been over 5 per cent for the last four decades, which is impressive compared to...

Bangladesh's current economic crisis and tax policy

Shafiun N Shimul | 2022-11-23 00:00:00

Recently, the possibility of a financial crisis in Bangladesh has been looming. Even though Bangladesh has achieved sustained growth in recent years, this pace of consistent growth appears to come to be coming to a standstill. The Covid-19-induced economic downturn;...

Where is Bangladesh in Gender lens?

Doulot Akter Mala | 2022-11-23 00:00:00

Global Gender Gap report of the World Economic Forum (WEF) said talent of women in finance is one of the most untapped business resources.Bangladesh has made considerable development to ensuring participation of women in the key positions in finance. It...

Newspapers are manuscripts of history

Syed Badrul Ahsan | 2022-11-23 00:00:00

As has been said so often, journalism is the first draft of history. That being so, newspapers are the manuscripts that go into print, to re-emerge as full-fledged accounts of history.It is a truth I have increasingly encountered, and embraced,...

Tailbacks on entry points of bridges on rise

MUNIMA SULTANA | 2022-11-22 00:00:00

Tailbacks of vehicles on the toll bridges at the city's entry points continue to increase in absence of efforts to introduce an electronic system for speeding up the process of automatic toll collection.The Road Transport and Highways Division (RTHD) introduced...

Downsize corporate taxpayers' return document load

DOULOT AKTER MALA | 2022-11-22 00:00:00

Compliance requirements in submission of documents by corporate taxpayers should be reduced in the new income-tax law to make it business-friendly, says a report on overhaul of Bangladesh's 'outmoded' taxation system.Currently, corporates have to submit 29 returns for 'at-source tax'...

The exploitative marketing regime

Syed Fattahul Alim | 2022-11-22 00:00:00

Rice being the staple food in Bangladesh, its price matters. And when the price is forever going up and never down, rain or shine, it is intriguing. In fact, there is no justifiable reason why rice price should go up...

A deal is reached at COP27 but with what prospect?

Hasnat Abdul Hye | 2022-11-22 00:00:00

As is customary, almost de rigueur, the conference of parties (COP) on climate change held in Sherm el Sheik, Egypt, went into overtime and reached a deal late into the Sunday (November 20) night. Another milestone was passed under the...

BTRC to run audits on GP, Robi, Banglalink

ISMAIL HOSSAIN | 2022-11-21 00:00:00

The country's telecom regulator has decided to conduct financial audits on three leading mobile network operators (MNOs) - Grameenphone (GP), Robi Axiata and Banglalink - although settlement of the previous audits on GP and Robi is yet to reach an...

Energy sector faces bleak prospect of escaping spell of declines

BABUL BARMAN | 2022-11-21 00:00:00

The operations of fuel and power companies depend entirely on imports, and so when taka loses its value against dollar, pricier fuel in the global market gets even pricier, pushing several listed companies into the red. A majority of those...

Is it football euphoria or craze?

Neil Ray | 2022-11-21 00:00:00

The World Cup Football in Qatar, first in a Gulf country of the Middle East kicked off yesterday with the host country taking on Ecuador. But only a small fraction of football fans the world over will be lucky enough...

Focus on reducing use of fossil fuel

Syed Fattahul Alim | 2022-11-21 00:00:00

When the world should have been more united to fight climate change, delegates of 200 countries participating in the climate talk at the UN's 27th climate summit (COP27) at the Red Sea port of Sharm el-Sheikh in Egypt have worked...

Gloomy business climate discourages companies to go public

Mohammad Mufazzal | 2022-11-20 12:00:00

Initial public offering is a means to raise capital from public investors for the expansion of a business. But when companies are making less money, battered by inflation and other global worries, any plan for further growth is put on...

NBR fears revenue shortfall on austerity measures

DOULOT AKTER MALA | 2022-11-20 00:00:00

The revenue board has identified four policy measures that could prove barriers to achieving revenue collection targets unless effective actions are taken to offset the fallout, according to a policy paper prepared recently.The measures are: higher import margins due to...

Growing economic relations with China, India

Asjadul Kibria | 2022-11-20 00:00:00

Bangladesh is now significantly linked with the global economy mainly through trade, remittance and investment. The country's trade value in goods reached US$141.24 billion in the last fiscal year (FY22), and the Gross Domestic Product (GDP) is estimated at $464.98...

Climate change -- a new type of credit risk for banks and NBFIs

Karimul Tuhin | 2022-11-20 00:00:00

Financial actors are realising that the impacts of climate change they predicted as a matter of distant future are, in reality, much closer. Since the Paris Agreement's signing in 2015, climate change has gained massive attention from the financial system....

Stocks lose more ground amid sour sentiment

BABUL BARMAN | 2022-11-19 12:00:00

Stocks witnessed yet another downbeat week, with the benchmark index plunging deeper into the red as investors, reeling from market turbulence, raced to sell off their holdings to avoid further erosion of their portfolios. The growing economic worries, dismal earnings...

150 NGOs get licence for microcredit operations

ISMAIL HOSSAIN | 2022-11-19 00:00:00

The government has awarded conditional licence to some 150 non-governmental organisations (NGOs) to run microcredit operations across the country.The licence of the new microfinance institutions (MFIs) is conditional for three years to prove their capabilities, according to the Microcredit Regulatory...

India urges full-scale use of Chattogram, Mongla ports

REZAUL KARIM | 2022-11-19 00:00:00

India has requested Bangladesh to take steps for starting full-scale use of Bangladesh's Chattogram and Mongla seaports as early as possible for regular transhipment operation as the neighbouring country has already completed necessary trial runs.Recently, Indian High Commission, Dhaka sent...

A project set to be declared 'completed' with no work done

SYFUL ISLAM | 2022-11-19 00:00:00

The railway is going to declare a misspent project 'completed' without any work as it failed to get any bidder from three rounds of tender in several years, officials said.A recent meeting of the project steering committee of Bangladesh Railway,...

Return of Hemanta with all its attributes

Nilratan Halder | 2022-11-19 00:00:00

Hemanta has at last returned at its mystical ---and perhaps magical --- best. Yes, for many years, maybe decades, the six seasons in this part of the world have gone berserk either losing their distinctive sights, sounds and colours or...

Fresh move to audit Airtel info systems

ISMAIL HOSSAIN | 2022-11-18 00:00:00

The telecom regulator has decided to make a fresh attempt to appoint auditors to inspect information systems of Airtel Bangladesh Ltd, which has merged with Robi Axiata. The Bangladesh Telecommunication Regulatory Commission (BTRC) at its recent meeting took the decision...

Here is how and why investors are crowding into open-end MFs

Mohammad Mufazzal | 2022-11-18 00:00:00

The 2010 capital market crash dragged the mutual fund sector into a dark abyss, but it started coming into light with the help of open-end MFs four years ago attracting new investments. Fund managers during the time emphasized more on...