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AM Jahid

ADB attaches 20 conditions to another $600m budget support

The Asian Development Bank (ADB) has outlined 20 conditions for Bangladesh to access $600 million in the second tranche of a loan for the implementation of its “Strengthening Economic Management and Governance Program”.
2 January 2025, 18:00 PM

Is cooling red-hot inflation to 7% by June possible?

The central bank governor projects cooling the red-hot inflation, which has hovered above 9 percent since March last year, to 7 percent by June next year.
14 December 2024, 18:00 PM

ADB approves $600m to accelerate economic recovery

The Asian Development Bank (ADB) has become the first among multilateral and bilateral lenders to respond to the interim government's call for budgetary support, approving $600 million aimed at easing pressure on foreign exchange reserves and accelerating economic recovery.
11 December 2024, 19:59 PM

Revised budget may be Tk 50,000cr smaller

Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).
7 December 2024, 18:00 PM

Bangladesh ‘sleepwalked’ into middle-income trap

Bangladesh, mired in data fog, has “sleepwalked” into the middle-income trap according to the white paper on the state of the country’s economy.
3 December 2024, 18:00 PM

Distressed loans equal to cost of 22.5 Padma bridges

Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka, according to a White Paper released yesterday.
1 December 2024, 18:34 PM

Banks reel from liquidity crisis despite rising deposit rates

Despite rising interest rates on deposits and various efforts by the central bank, Bangladesh’s banking sector continues to face a liquidity crisis that has hamstrung some lenders.
25 November 2024, 18:00 PM

Moody’s downgrades Bangladesh banking rating to ‘very weak’

Moody’s has downgraded Bangladesh’s banking sector to “very weak” from “weak”, citing worsening client confidence, limited transparency and inadequate financial safeguards over the past year.
20 November 2024, 18:00 PM

Onion price: No quick fix to bring normalcy; need long-term plan

Onion prices go beyond the capacity of general people as the prices of the essential cooking ingredient have already broken the previous records.
1 November 2019, 08:16 AM

Onion price shoots up by around 71% in a day

Onion price at the retail markets in Bangladesh goes up to around 71 per cent per kg within a day, the highest level in last several years, as the wholesalers reportedly jacked up the price following India’s ban on the ingredient export.
30 September 2019, 12:58 PM

How to vote in an EVM

For the first time, Bangladesh’s parliamentary elections will be using Electronic voting machines (EVMs) and voters of Dhaka-6 and-13, Chattogram-9, Rangpur-3, Khulna-2 and Satkhira-2 will have the privilege of trying it out.
24 December 2018, 07:17 AM

Top 10 science breakthroughs in 2017

Here are the top ten scientific discoveries of 2017 which hold the potential to enhance the advancement of human civilisation and change our very understanding of the universe as a whole.
2 January 2018, 04:31 AM

Top five innovations by Bangladeshis in 2016

Bangladesh has had remarkable achievements in innovations at different sectors in 2016. Several Bangladeshi scientists have brought international laurels and have attributed their discoveries to the country.
27 December 2016, 15:44 PM

Tortured BB official Rabby rejects report, dubs it false

Bangladesh Bank official Golam Rabby, who was subjected to police torture for bribe, has rejected the report submitted to the Supreme Court over the incident. “I did not do anything, they grabbed me by my collar from the behind,” he tells The Daily Star hours after the report is filed to the apex court.
28 January 2016, 10:06 AM

Where are the 1971 mass graves, killing fields in Dhaka?

Mass graves and killing fields of Liberation War in Dhaka are hard to find now as they are almost lost owing to lack of efforts to preserve these sites where many martyrs were buried or thrown in the marshes, canals and rivers after being killed, or were burnt alive.
18 December 2015, 10:45 AM

Bikers rule footpaths, pedestrians roads (video)

If you are told: Name a city where you can drive or walk as you like, the first answer would be Dhaka! Because people find their own ways to go around the city. Traffic signals change colors—from green to red to green again--but the drivers need not pay any attention to them. But even worst menaces are motorcycles zooming by on the footpaths or people darting through the speeding cars to cross the roads among the already chaotic traffic.
1 October 2015, 05:48 AM

Highway to home: A tale of horror (video)

Eid-ul-Azha is on us and people are leaving Dhaka to spend the holiday with friends and families.The journey home is a joyous occasion where everyone hopes to reach their destination without any glitches, however owing to the road condition a journey becomes a roller coaster ride-not of the pleasant kind but the one that churns your insides and makes you sick.
24 September 2015, 07:27 AM

Super cheap Nike? Get them from secondhand markets! (video)

Second hand shoe markets in Dhaka can provide customers with limited budget an opportunity to buy anything from the foreign Nike to local Apex brands between Tk 500 and Tk 3000—provided they don’t mind wearing second hand stuff.
17 September 2015, 09:03 AM

Life in DND dam: Marooned for 2 months (video)

For two months of rainy season every year, life comes to a standstill for thousands of people living in the Dhaka-Narayanganj-Demra dam area due to waterlogging. People here either remain confined to their homes –or are forced to leave their homes temporarily to stay at their relatives’ homes far away where life is normal.
3 August 2015, 07:32 AM

Dhaka slum fire: Rain came too late

It has been raining in Dhaka since Saturday. Sometimes rains came down heavier after slight relapses. But had it come a little earlier today, many of a Merul Badda slum might not lost their belongings in a devastating fire.
20 July 2015, 13:49 PM

Top 5 Eid holiday spots!

It is high time to go beyond the textbooks and throw off the bowlines to make the Eid holidays more exciting and memorable. So step out in the open, follow the sun to the greens and silver sand beaches, and catch the winds in the sails to explore, dream and discover. Bangladesh is blessed with many wonderful places attracting people to see its beauty. Here are the five most magnificent natural and archaeological beauties to visit:
17 July 2015, 11:36 AM

Jaywalking saves time, but costs life (video)

Why do pedestrians jaywalk across the road when there is a foot-over bridge nearby? The Daily Star has caught random jaywalkers and got surprising answers. Many of them think that it actually saves time!
29 June 2015, 07:57 AM

Living in slum: Where money can’t get you enough drinking water

Bhashantek slum residents are being deprived of the facilities as well as their fundamental rights, despite paying five times higher than the other Dhaka city dwellers pay for getting minimum facilities of sanitation and waste management.
25 May 2015, 09:43 AM
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