Bangladesh
Bangladesh
Chinese dev financing increases in Bangladesh
Chinese funding gradually increasing in Bangladesh Mahfuz Emran: In the past decade, China’s debt flow has been gradually increasing in the country’s development projects. Important public projects like Padma Bridge Rail Link, Karnaphuli Tunnel, Dasherkandi Sewage Treatment Plant have been implemented with Chinese funding. Several other major projects are underway.According…
Read More »Not people-friendly nor business-friendly
Budget 2024-25 Salehuddin Ahmed: A budget is not merely an account of income and expenditure of the government. The quality of life of the country and the people is also determined through the budget. Budget plays an important role in the development of the overall economic, social and political situation…
Read More »GEF hands over UN Accreditation Card to Dr Mahfuzur Rahman
Staff Correspondent: The Global Economist Forum (GEF) yesterday handed over UN Accreditation Card to its newly elected Senior Adviser eminent industrialist and media personality valiant freedom fighter Dr. Mahfuzur Rahman.Dr. Enayet Karim, the central president of GEF, a consultant member organisaiton of the United Nations under ECOSOC, handed over the…
Read More »Economy faces 4-tire challenges
Controlling rise of inflation Stabilizing value of money Stimulating economic activity Increasing revenue income Mahfuz Emran: In the new financial year, the overall economy of the country has to face four main challenges and move forward. These are – to rein in hyperinflation, to counter the dollar crisis and to…
Read More »Industrial production bent due to lack of gas
Staff Correspondent: The ongoing gas crisis has become acute and theindustrial production has fallen by half. The factory owners have written letters to several government departments, but there is no solution. The crisis has worsened in the past few weeks with the damage to an LNG terminal at Remal.Petrobangla says…
Read More »New financial sector reform policy soon
Mahfuja Mukul: Ninth Five Year Plan will be the first pillar of building digital to smart Bangladesh. More than a dozen initiatives are being undertaken to address the challenges of transition from least developed countries. Among these are macroeconomic stabilization, human resource development, poverty reduction, higher investment targets, accelerating blue…
Read More »Onion prices soar above Tk 100 amid supply shortage
Staff Correspondent: Onion prices have surged past Tk 100 per kilogram (kg) due to a supply shortage of local varieties and a decrease in imports from neighboring India, traders reported.On Wednesday, onions were selling for Tk 100 to 110 per kg at various kitchen markets in the capital city, with…
Read More »Export earnings $47 b: EPB NBR says its $36 billions
July-April of FY 2023-24 Zarif Mahmud: For the last few years, questions are being raised about the actual export of the country. Export Promotion Bureau (EPB) figures of exports are much lower than the remittances coming back to the country. The difference between the two organisations have been increasing in…
Read More »34 Bangladeshi-origin candidates contest seats in UK general election
Staff Correspondent: In the July 4 general election, 34 candidates of Bangladeshi descent are competing across various parties and as independents. Notably, six female candidates nominated by the Labour Party are seen as having strong prospects for victory.The main opposition Labour Party has nominated eight candidates of Bangladeshi origin, including…
Read More »No headway in 3704 pending human trafficking cases
No capital punishment in 5-yr Staff Correspondent: Settlement and conviction rates in human trafficking cases are very low. Only 524 cases related to this have been settled in the courts of the country from 2019 to 2023. The accused have been sentenced in 31 of them. The conviction rate is…
Read More »