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Zatiq: Ambitious step towards a cashless society

Shadique Mahbub Islam | 2022-09-29 00:00:00

Zatiq, an innovative Bangladeshi startup which aims to further Digital Bangladesh's progress by building a truly cashless society, has been working on developing a card delivery service, Zatiq Pocket Pay. This allows customers to pay with their cards upon delivery....

Low-cost deposits a boost for Shahjalal Islami Bank

SIDDIQUE ISLAM | 2022-09-28 00:00:00

Low-cost deposits along with fee-based income have helped Shahjalal Islami Bank Limited (SJIBL) boost its financial health over the couple of years despite various domestic and global odds, the bank's top executive has said.After taking charge as managing director (MD)...

Dhaka seeks revised list of products

REZAUL KARIM | 2022-09-28 00:00:00

Dhaka has sought a revised list of goods on which Jakarta can offer tariff concession for Bangladeshi products before signing the proposed preferential trade agreement (PTA), officials said.To this end, commerce ministry sent a letter to the Indonesian authorities concerned...

Disinformation on social media portals

Syed Fattahul Alim | 2022-09-27 00:00:00

What did happen in Leicester in England between September 17 and 18 that led to arrests of dozens of violence-mongers who allegedly fanned hatred between the Hindu and Muslim communities living so far in peace there? Many point to the...

Keeping dollar at bay: problems and prospects

Hasnat Abdul Hye | 2022-09-27 00:00:00

Almighty dollar is getting stronger by the quarters, judged by the weakening of currencies of almost all countries that conduct trade using the greenback. The euro has dropped 0.4 per cent to United States (US) dollar 0.9932 and pound sterling...

Alarming rise in suicide rates among school goers

DOULOT AKTER MALA | 2022-09-26 00:00:00

Dr Sifat-e-Syed was surprised receiving large numbers of written questions from the eighth and ninth graders of the city's Holy Cross School. She did not expect such a large volume of queries on mental health issues from the children. As...

The threat coastal cities of Asia now face

Neil Ray | 2022-09-26 00:00:00

Sea-level rise has become a headache for most nations, particularly for those with long coastal belts. The rise lately has already been concerning because its rates have been higher than in the past 2,700 years. Even the prediction of 0.2m...

Sixth TICFA meet likely in early December

REZAUL KARIM | 2022-09-25 00:00:00

Bangladesh would request the USA to restore the Generalized System of Preferences (GSP) for widening the market access of its products to the single largest export destination, official sources said.They said the country would call for the trade facilities at...

Environmental compliance certification

ISMAIL HOSSAIN | 2022-09-25 00:00:00

Achievement of LEED Gold Certification by Bengal Plastic, a leading plastic products manufacturer of the country, would encourage other companies in the industry to develop compliant and green production chains, said a director of Bengal Group.He said the compliance is...

Diversifying Bangladesh's Islamic financial services

Asjadul Kibria | 2022-09-25 00:00:00

Islamic-financing industry is bouncing back strongly after a slump mainly due to the Covid-19 pandemic. It is projected to grow to nearly US$5 trillion by 2025 from over $3 trillion as of now. The buoyant projection was made at the...

Govt to give Tk 43.40b to BCIC as subsidy

REZAUL KARIM | 2022-09-24 00:00:00

The government is planning to provide Tk 43.40 billion fund to the BCIC as subsidy - to cut its existing trade gap in importing and selling fertilisers and make payment of LTR (loan against trust receipt), sources said.The Ministry of...

Tk 1.5 billion misspent on automating signaling system

MUNIMA SULTANA | 2022-09-24 00:00:00

Over Tk 1.5 billion has been splurged on projects in 20 years for installing automated traffic-control system in Dhaka, but to no avail as vehicle movement is still controlled by outmoded hand-signals in this megacity. Sources said not a single...

Returnees from reverse migration on repeat exodus

DOULOT AKTER MALA | 2022-09-24 00:00:00

Grueling inflation now forces a section of low-income people either to go back to villages or shift their family members as a coping strategy, in a repeat of the corona-driven reverse migration. Some analysts see signs of recession in the...

ERL unable to refine Russian crude

NAZIMUDDIN SHYAMOL | 2022-09-24 00:00:00

CHATTOGRAM, Sept 23: Possibility of refining imported Russian heavy crude at Eastern Refinery Limited (ERL) waned further as the country's lone refiner has said in a report that it does not have the capacity to refine the lower grade oil....

A final reckoning on trade subsidy outcome

SYFUL ISLAM | 2022-09-24 00:00:00

A final reckoning starts on the outcome of providing trade subsidy to different sectors and how further they need it to become self-reliant as spoon feeding has to stop after Bangladesh's LDC graduation. Finance officials have said in the current...

Stocks back in black after correction

BABUL BARMAN | 2022-09-24 00:00:00

Stocks bounced back in the outgoing week, returning to uptrend after a single-week correction, with investors mostly focused on selective large-cap issues.Of the five trading days this week, three sessions posted gains while two others suffered losses amid high volatility,...

Women's football team's triumph

Nilratan Halder | 2022-09-24 00:00:00

The jubilation over the Bangladesh women's football team's triumph in the South Asian Football Federation (SAFF) Women's Championship 2022 is quite natural. When the men's football team is all frustration even in this regional tournament, the girls against all odds...

What is in Putin's mind?

Syed Fattahul Alim | 2022-09-24 00:00:00

The war in Ukraine has to all appearances taken a dangerous turn. And that is not because Russia has made substantial gains in its war with Ukraine. Quite contrary to this, its losses have been huge on the battle fronts...

Nurses in Bangladesh healthcare system: the unsung heroes

Hasnat M Alamgir | 2022-09-24 00:00:00

The nursing workforce is expanding in size in Bangladesh and nurses are undertaking diverse tasks within and beyond the healthcare delivery system. However, the responsibilities the nurses carry, the critical patient care services they provide, educational attainment, professional knowledge, experience,...

A double regression on poverty, child labour feared

DOULOT AKTER MALA | 2022-09-23 00:00:00

Halima has sent her son to a motor workshop in Dhaka's Banglamotor area, at age as early as 11 years. It, evidently, represents a double regression, from progression in poverty alleviation and child-labour elimination. She syas she has been compelled...

Korean consultants submit Bay terminal’s master plan

NAZIMUDDIN SYAMOL | 2022-09-23 00:00:00

CHATTOGRAM, Sept 22: Korean consulting firms Kunhwa Engineering & Consulting Company Limited and Deyen Yang (DY) Engineering Company Limited on Wednesday submitted the master plan of Bay Terminal to the Chittagong Port Authority (CPA), source said. The Republic of Korea...

No way to turn a blind eye to hunger when it claims lives

Nilratan Halder | 2022-09-23 00:00:00

It is mind-boggling to think that one person is dying of hunger every four seconds in this world of advanced science and technology. In terms of number, on an average 19,700 human beings succumb to starvation every day. Belying the...

Gaping inequality for wealth over-concentration raises alarm

Doulot Akter Mala | 2022-09-22 12:00:00

Gales of economic blows are exposing aggravation of income inequality in Bangladesh as unbridled inflation is eroding commoners' ever-shriveling incomes while pampering the super-rich, surveys show.Job loss during the pandemic, large informal sector, wealth- distribution gap, faulty direct taxation, market...

Uber BD in place of Rasier

ISMAIL HOSSAIN | 2022-09-22 00:00:00

Uber Bangladesh Ltd (UBL) has been appointed as the lead generation service for its ride-sharing operations in the country as Dutch firm Rasier Operations BV left the charge in August.The transfer of the charge to the app-based ride-hailing giant's operations...

Team Bangladesh shines

SHADIQUE MAHBUB ISLAM | 2022-09-22 00:00:00

The International Earth Science Olympiad (IESO), founded by International Geoscience Education Organization (IGEO), aims to promote geoscience education at all international levels to encourage and develop public awareness of geoscience to work on the improvement of the quality of geoscience...

Of funerals . . . of glory and the grave

Syed Badrul Ahsan | 2022-09-22 00:00:00

Every funeral is a breaking of the heart. Every burial speaks of the sadness at the core of life. When it comes to state funerals, it gets to be something more. A large measure of emptiness sweeps across a country,...

Nagar Paribahan still struggling to thrive

MUNIMA SULTANA | 2022-09-21 00:00:00

Nagar Paribahan or 'Mayor Paribahan', whatever byname the new city bus service takes, is still struggling to prove itself an improved service for non-cooperation from stakeholders concerned.Sources said a special committee, earlier formed under the leadership of two mayors, also...

Many cannot afford medicare amid rising cost of living

Doulot Akter Mala | 2022-09-21 00:00:00

Multitudes of people now overlook medical treatments, unless in utmost emergency, as higher cost of living fired up by inflation is squeezing overall consumer spending, including healthcare bills.It evidently cuts both ways, like a double-edged sword: economic growth is curtailed...

Ctg port earns record Tk 35.85b in FY 22

Nazimuddin Shyamol | 2022-09-21 00:00:00

CHATTOGRAM, Sept 20: Chittagong port, the prime seaport of the country, earned a record Tk 35.85 billion in the last fiscal year of 2021-2022 (FY 22). After paying all the expenditure including charges, taxes and salaries of staff, the net...

Raihan Rafi's 'Nishwas' is compelling, bold and unique

SHADIQUE MAHBUB ISLAM | 2022-09-21 00:00:00

In a dark hospital corridor, a woman is looking for something, brandishing her rifle and shooting indiscriminately, while a fiery poem is heard with sharp, rocking background music. Such was the trailer of 'Nishwas,' the Raihan Rafi-directed film released on...