Working together essential for a better 5G ecosystem

The whole world is waiting to embrace the Fourth Industrial Revolution. Countries and industries that are already on the track of huge digital transformation will be able to cash in on the potentialities of the 4IR.
24 February 2022

GDP can’t be only indicator of development

Not only the GDP growth rate, but also peoples’ wellbeing and the existing environmental situation should be considered as the indicators of development, said Wahiduddin Mahmud, a noted economist, yesterday.
24 February 2022

Oil’s journey from worthless in the pandemic to $100 a barrel

In July 2020, just a few months after the Covid-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its peak - all but condemning his company’s core business to eventual obscurity.
24 February 2022

Small income, big contribution

Getting up from bed early in the morning, Sabitri Halder goes to her backyard and takes a seat on the floor to weave floor mats from hogla leaves, a species of aquatic grass.
24 February 2022

Banks asked to make shock recovery plan

Bangladesh Bank yesterday asked banks to draw up a recovery plan so that they can take time-befitting moves to resolve any downside risk emanating from default loans, liquidity crisis and some other factors.
24 February 2022

Timely, accurate fiscal data crucial for policymaking

The delayed release and inaccuracy of fiscal data in Bangladesh ultimately hurts the public as it prevents the government from providing adequate support, according to the Centre for Policy Dialogue (CPD).
24 February 2022

Stocks suffer worst decline in 4 months

Stocks in Bangladesh slumped to a more than four-month low yesterday as investors went for massive selloffs after the Russian invasion of Ukraine sent global oil prices higher and rattled global markets.
24 February 2022

Fast-track projects lag in making info public

Only three out of eight fast-track projects in Bangladesh have dedicated websites for public information and those too contain no updated information on their progress.
24 February 2022

Businesses fear ripple effect of Russian invasion of Ukraine

With oil prices hitting above $100 in the wake of Russia’s invasion of Ukraine, local businesses yesterday feared that the war would have a ripple effect on their domestic and international operations as both countries are major suppliers of agricultural commodities.
24 February 2022

GDP can't be the only indicator of development: Wahiduddin Mahmud

Not only the GDP growth rate, but also peoples’ wellbeing and the existing environmental situation should be considered as the indicators of development, Professor Wahiduddin Mahmud said today.
24 February 2022

Stocks see massive fall amid Russian attack on Ukraine

Bangladesh's stock market bled and the benchmark index saw a massive fall today after Russia attacked Ukraine sending oil prices higher in the world market.
24 February 2022

Dettol, Harpic enabling hygiene at book fair

Visitors’ hands are being sanitised at entrances while toilets kept clean at Amar Ekushey Book Fair-2022 by its official hygiene partners Dettol and Harpic, brands of Reckitt Benckiser Bangladesh.
23 February 2022

Brac Bank to train CMSME entrepreneurs

Brac Bank will host a special training programme for the new and upcoming entrepreneurs in cottage, micro, small and medium enterprises (CMSMEs) to help them hone business knowledge and managerial skills so that they can run businesses properly.
23 February 2022

Praava Health running EPI vaccination

Praava Health is running the government’s expanded programme on immunisation (EPI) at its family healthcare centre in the capital’s Banani every Saturday from 9:00am to 3:00pm.
23 February 2022

Steel makers seek 5 more years to repay loans

Steel makers in Bangladesh have urged the government to provide them an additional five years to help them repay their existing long-term loans through equated monthly installments.
23 February 2022

Turnover plunges to lowest this year

Turnover at the Dhaka Stock Exchange (DSE) plunged to its lowest level this year as investors remain cautious over the central bank’s directive on the exposure limit of non-bank financial institutions (NBFIs).
23 February 2022

RJSC allowed access to DVS

The  Registrar of Joint Stock Companies and Firms (RJSC) can now use the  Document Verification System (DVS) to confirm the authenticity of  audited financial statements of registered businesses.
23 February 2022

Textile millers demand duty, VAT cut for man-made fibre

Textile millers yesterday demanded the withdrawal of tax on the import of man-made fibre and reduction of VAT on the sales of the item in the local markets as the consumption of the artificial raw material is rising globally.
23 February 2022

Diesel costlier for char farmers in Chilmari

Farmers in char areas of Brahmaputra river in Chilmari upazila are spending Tk 83 for a litre diesel to irrigate their boro land instead of the government-fixed rate of Tk 80 enjoyed by mainland farmers.
23 February 2022

Cut taxes on essentials to give respite to people

Amid higher inflation, the Centre for Policy Dialogue (CPD) yesterday called for cutting duties and taxes, both at import and domestic levels, for key essential commodities to provide respite to low and limited income families.
23 February 2022