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Based on the recent report of a newspaper on the creation of an artificial lake to cultivate fish by submerging 2,500 acres of the Borohatia forest in Lohagara of Chattogram, the forest authorities became active and removed the dam built illegally in the reserved forest. For this, we express our thanks to the authorities since there are a very few examples of action immediately following any media report. We demand legal actions against the forest grabbers. A former lawmaker of...
Prof. Dr. Ahmad Kamruzzaman Majumder : Dhaka is infamous for its severe traffic congestion and alarming levels of air pollution. As the city grapples with the adverse effects of rapid...
The recent executive order by the government to hike gas prices for power production and captive power by 75 paisa, along with the announcement of another increase in power prices next month, has once again dealt a heavy blow to consumers already grappling with economic strains. This move, while ostensibly aimed at reducing subsidies in the power sector, risks exacerbating the burden on ordinary citizens, particularly amidst fears of prolonged summer power outages. With the price of gas seeing its...
Inconsistent policies and regulations have been a persistent thorn in the side of Bangladesh’s export sector, hampering its potential for growth and diversification. This issue again came to the forefront at the recent Sanem Annual Economists’ Conference, where experts emphasized the critical need for sweeping policy reforms to unleash Bangladesh’s full export potential. With an import tariff line standing at a staggering 40 percent, Bangladesh finds itself at a significant disadvantage compared to its regional counterparts like India, Malaysia, and...
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A staggering 95 percent of workers of Bangladesh are employed in the informal sector. These workers, often deprived of basic rights and protections, constitute the backbone of Bangladesh’s economy. Yet, they receive meager wages and lack coverage under collective bargaining agreements. This inequality is further exacerbated by the country’s minimum wage, which trails behind that of its South Asian counterparts. Moreover, the declining real wages despite productivity growth paint a bleak picture of economic disparity. Workers are being left behind,...
Mushroom-growing Illegal healthcare facilities, such as clinics, hospitals, and diagnostic centres, have emerged as a major threat to public health with their poor quality of services. Amid a lack of monitoring and accountability, they often endanger people’s lives, inflate medical expenses, and erode public trust in the health sector, health rights activists and medical practitioners. The illegal business continued just to make a profit from the lifesaving healthcare sector beyond the ethics of medical practice, taking advantage of lax monitoring....
The harrowing journey of Bangladeshi migrants seeking better prospects abroad has once again brought to light the stark reality of human trafficking and the perils faced by those in search of a brighter future. The recent findings from BRAC’s Migration Programme underscore a disturbing trend: the widespread exploitation and abuse suffered by undocumented migrant workers in Libya. According to the study, a staggering 63.2 percent of undocumented Bangladeshi migrants in Libya fell prey to traffickers, enduring captivity in torture camps...
Md. Mustafizur Rahman : Concern! We should raise our voices against Climate change. This issue has climbed to the top of the political agenda in the last couple of years around the world. It is the focus of UN meetings, gatherings of major economic formations like the G8, G20, and WTO, as well as international financial institutions (IFIs). As an active member of UNFCCC bodies, the Bangladesh government has developed a comprehensive guideline and implementing strategy against climate change and...
This is an unacceptable and worrying incident that police have arrested a graphic designer and young poet Shamim Ashraf under section 54 of the Code of Criminal Procedure for his posters about the activities of Mymensingh City Corporation and sued him later under Cyber Security Act. According to a newspaper report, police detained him from his house in the Atharobari Building area in the city on Sunday night. Writers and poets of Mymensingh protested his arrest. It also went on...
The recent surge in Bangladesh’s foreign loan repayment, crossing the $4 billion mark for the first time, raises significant concerns about the country’s financial stability. Fiscal year 2022-23 saw a notable increase of 32.8 percent in loan repayment, driven primarily by high interest payments and short-term loans in the power and energy sector. This escalation in repayment, totaling $4.78 billion, marks a departure from previous years’ trends, where increases typically ranged from $100 million to $400 million annually. The magnitude...
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Our deep respect to the martyrs of language movement “Amar bhaer rokte rangano ekushe February, ami ki bhulite pari?” We remember the martyrs with deep reverence and gratitude, for their supreme sacrifice on 21st February has been recognised as International Mother Language Day. But it is a matter of great regret that the young generation does not know anything about this, it is a shame and unacceptable. Students should have learned about it at schools and parents also should have...
In the realm of economic policy, uncertainty hampers progress. The recent unexpected decision by the government to reduce export subsidies has once again highlighted the critical need for a transparent and predictable roadmap for economic policy changes. Economists and entrepreneurs alike have emphasized that such clarity is not a luxury but a necessity for the private sector to flourish. Mashiur Rahman, the economic affairs adviser to the prime minister, rightly stressed the importance of long-term planning for investors. Businesses operate...
The recent revelation of Bangladesh’s GDP growth figures for the last financial year paints a worrying picture of economic stagnation, with the nation experiencing one of its slowest paces of expansion in over a decade. According to the Bangladesh Bureau of Statistics (BBS), the economy grew by 5.78 per cent, a significant drop from the previous year’s already diminished 6.03 per cent. This sluggish growth trajectory is concerning on multiple fronts, reflecting a combination of factors including dwindling consumption, exacerbated...
In light of the distressing plight faced by thousands of Bangladeshi migrants returning home empty-handed, urgent action must be taken to address this crisis. These individuals, who ventured abroad hoping to secure a better future for themselves and their families, now find themselves plunged into despair and financial ruin, with their dreams shattered and their families devastated. The migrant returnees serve as stark reminders of the harsh realities faced by migrants, from risking their lives on perilous journeys across the...