Shah Abdul Hannan The two greatest problems of the present world are the spread of immorality and poverty of a great number of people. The reason of immorality is lack of faith in the Creator or its absence in practice.…
Category: Economy
Income inequality and trust in national governments
Trust in national governments has reached worryingly low levels in Central, Eastern and Southeastern Europe (CESEE), at least compared to the EU-15 average. In addition, trust in the EU is generally higher than trust in national governments, underlining the importance…
Lessons for the ‘Rest’ from ersatz miracles
Of the ten fastest growing economies since 1960, eight are in East Asia. Two main competing explanations claimed to explain this regional concentration of catch up growth since the late 20th century, often referred to as the East Asian miracle.
5pc increment for non-govt edu teachers, staff announced
Dhaka, Nov 8 – Prime Minister Sheikh Hasina on Thursday announced ‘Boishakhi Festival’ allowance and 5 percent increment for teachers and employees of non-government educational institutions, who are now under monthly pay order (MPO).
Is excessive sovereign debt a threat to peace?
Some 30 years ago, the international banks were afloat with petrodollars, deposited by the oil exporting countries. The banks in turn stepped up lending to Latin America, in a big way. The new branch of Société Générale in New York…
How much the election going to cost the nation?
The Election Commission (EC), now awfully busy to hold the 11th national election, says it will require an amount of Tk 700 crore to arrange polls, which is more than double than that of the 10th general election.
SC stays decision for return of Taka 6.1 billion of 16 cos
Dhaka, Nov 6 – The Appellate Division of the Supreme Court on Tuesday stayed its own order that upheld the High Court verdict asking the government to return Tk 615 crore collected from 16 companies and individuals during the army-led…
Bangladesh launches social security strategy action plan
Dhaka: 05 Nov – The Cabinet Division of the government with support from the United Nations Development Programme (UNDP) and Australian Aid, launched the National Social Security Strategy (NSSS) Action Plan on 04 November 2018, at Bangabandhu International Conference Centre…
Social Europe is a myth
The progressive discourse on Europe is full of taboos and myths. Entering these debates requires caution. It’s a challenge to clearly articulate the social consequences of European integration and, in so doing, come into conflict with the myth of ‘Social…
Rice price showing downward trend in Rangpur division
Market price of rice marked a fall by Taka five to eight per kg following positive impacts of the government’s food-friendly programme and early harvest of Transplanted Aman (T-Aman) rice in Rangpur division.
Quota Reform movement case report date deferred
Dhaka, Nov 4 – A Dhaka court on Sunday deferred the date to December 6 for submission of the investigation report in the four cases filed in connection with an attack on the residence of the Vice Chancellor of Dhaka…
Rally to raise age limit in govt jobs foiled in Dhaka
Police held 10 protesters from Shahbagh area on Saturday when they tried to form a rally demanding extension of age limit to 35 from 30 for entering the civil service.
Seychelles issues world’s first blue bond to fund fisheries
The Republic of Seychelles announced on Monday that it has issued a 10-year blue bond to finance fisheries projects, making it the world’s first country to utilise capital markets for funding the sustainable use of marine resources.
‘Bangladesh shouldn’t rely too much on overseas borrowing’
Bangladesh needs to mobilise domestic investment alongside increasing it in infrastructure with ‘spillover tax revenues’ not relying too much on overseas money as infrastructural needs in Bangladesh remain enormous, says a global development expert.
Workshop on Entrepreneurship in city Nov 24, Seeks Application
Ra’dia Inc. in association with Bizz Solutions Ltd. (BSL) is set to organise a workshop titled ‘Funding Mechanism for Entrepreneurs’. The workshop will be held at the Seminar Room of BSL at City Centre in Motijheel between 2:30 pm and…
Cabinet okays draft law to promote hollow bricks, blocks
The Cabinet on Monday approved the draft of the Brick Manufacturing and Brick Kilns Establishment (Control) Act, 2018 for giving impetus to the manufacturing of environment-friendly hollow-bricks and blocks. The approval was given at the weekly Cabinet meeting held at…
Fishermen ready for Hilsa catch as ban ends Monday
Fishermen in coastal districts are taking preparation to go to the Bay of Bengal to catch hilsa as the 22-day government ban on fishing the delicious fish comes to an end on Monday.
Job seekers block Shahbagh for 35 years govt job age limit
A group of students and job seekers under the banner of “Bangladesh Sadharan Chhatra Parishad” on Saturday blocked Shahbagh intersection demanding extension of age limit for entry into government jobs to 35 from 30.
An ounce of democracy
As the old adage goes: “An ounce of prevention is worth a pound of cure”. Nowhere is this more appropriate than when it comes to conflict. Violent conflict causes not only human suffering and destruction but robs entire societies of…
Why should countries invest in food safety?
Unsafe food costs low- and middle-income economies US$ 110 billion in lost productivity and medical expenses each year. Preventative measures—including greater investment, better regulatory frameworks and measures that promote behaviour change—can help countries avoid food safety problems.
Is there a remittance trap?
Workers’ remittances—the money migrants send home to their families—command the attention of economists and policymakers because of their potential to improve the lives of millions of people.
The invisible, hungry hand
The very people who help put food on our tables often face numerous human rights violations, forcing them go to bed hungry.
RMG workers go on rampage in Narayanganj
Narayanganj, Oct 24 – Workers of a ferment factory went on a rampage following the death of a fellow worker in the factory in Bangladesh Small and Cottage Industries Corporation( BSCIC) industrial area of Fatullah.
Banks and FIs more than needed in number: Muhith
Dhaka, Oct 24 – Finance Minister AMA Muhith on Wednesday admitted that the number of banks and financial institutions has been much higher than the need.
Over 200mn women still waiting for modern contraception
By Thalif Deen Ottawa, Canada, Oct 23 (IPS) – The international community will be commemorating two milestones in the history of population and development next year: the 50th anniversary of the UN Population Fund (UNFPA) and the 25th anniversary of…
Bangladesh ranked Lonely Planet’s 7th best value destination
Dhaka, Oct 24 – In a recent report showcasing the best-in-value travel destinations for 2019, Lonelyplanet.com has ranked Bangladesh 7th in their meticulously-crafted list of the top ten places for affordable adventures.
35 dredgers worth Tk 4.5bn for better river navigability
Dhaka – The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved a total of 21 projects, including one to procure 35 dredgers at a cost of Tk 4,489.03 crore for enhancing the dredging capacity of Bangladesh Inland…
Reversing the globalisation backlash
Reversing the backlash against globalization requires active politics in two opposite directions: the strengthening of democracy beyond the level of the nation state; and strenuous efforts at local economic development.
Mitigating India’s climate-change misery
Gulrez Shah Azhar Santa Monica – The record-setting heat that blanketed the planet this summer was a sticky reminder that as global temperatures increase, people on the margins of society – the sick, the elderly, and the poor – will…
The latest climate science must mobilize us, not paralyze us
Monica Araya and Carlos Manuel Rodriguez San Jose – The Intergovernmental Panel on Climate Change (IPCC), the United Nations body tasked with providing scientific evidence and consensus on climate change and its implications for decision-makers and the public, has just…