Divisive politics, red-tape, rent-seeking key challenges: WB
The World Bank has identified confrontational politics and bureaucratic red-tape as key challenges for Bangladesh to speed up growth and promote itself as a middle-income country by the early next decade.
Sharing views with the newsmen at the WB office at Agargoan on Monday, WB country director Johannes Zutt said divisive and confrontational politics could bring uncertainty in policy decisions, reports the New Age.
Uncertainty affects the process of addressing critical problems, he added.
He said bureaucratic red-tape as well as widespread rent-seeking impedes economic growth and investment.
Two-year jail term for child marriage
The government on Monday approved a law setting a two-year jail term for anyone involved in marrying a girl aged under 18, in a bid to cut the country's notoriously high child marriage rate.
The new law comes days after new UN figures showed 
two-thirds of Bangladeshi girls marry before they reach adulthood. It targets the parents or guardians and the marriage registrar as well as the groom, reports AFP.
"Anyone found responsible for child marriage, including the groom, the marriage registrar or the guardians, would...
two-thirds of Bangladeshi girls marry before they reach adulthood. It targets the parents or guardians and the marriage registrar as well as the groom, reports AFP.
"Anyone found responsible for child marriage, including the groom, the marriage registrar or the guardians, would...
PM inaugurates BIMSTEC secretariat in Dhaka
Bangladesh Prime Minister Sheikh Hasina Saturday inaugurated the permanent secretariat of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in Dhaka.
The BIMSTEC, initiated to connect South Asian and Southeast Asian countries, comprises Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand, Xinhua reported.
During the 13th BIMSTEC ministerial meeting held in Nay Pyi Taw in Myanmar in 2011, it was unanimously decided that the secretariat would be set up in Bangla...
During the 13th BIMSTEC ministerial meeting held in Nay Pyi Taw in Myanmar in 2011, it was unanimously decided that the secretariat would be set up in Bangla...
200 RMG plants shut since Rana Plaza tragedy
More than 200 garment factories have shut down in Bangladesh since the country’s worst industrial disaster prompted a massive clean-up of the world’s second-largest textile sector, an industry group said Thursday.
The closures have cost tens of thousands of jobs and led to a fall in exports, raising worries about the $24.5 billion industry—the key economic mainstay for the impoverished nation of 155 million people, reports AFP.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA), which represents 4,500 factories and compiled the figures, said the industry was going through a painful transitio...
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA), which represents 4,500 factories and compiled the figures, said the industry was going through a painful transitio...
Dhaka lays out position ahead of talks with India
Despite the absence of movement from the Indian side on key bilateral issues, Bangladesh has said it is ‘patient, understands India’s constraints, and is hopeful of positive results’.
Dhaka has also signalled that it is at ease with the Narendra Modi government, while urging sections not to ‘whip up emotive frenzy’ over the immigration issue. The two countries have a Joint Consultative Commission meeting on September 20.
In an exclusive interview to HT, Bangladesh’s high commissioner to India, Tariq A Karim admitted that prior to the Indian el...
In an exclusive interview to HT, Bangladesh’s high commissioner to India, Tariq A Karim admitted that prior to the Indian el...
Teesta, boundary pact to figure in JCC on Sept 20
India and Bangladesh will hold a meeting of Joint Consultative Commission (JCC) here on September 20 during which a number of bilateral issues including the contentious Teesta water agreement and the Land Boundary pact are likely to figure.
ndia
Addressing a press conference, External Affairs Minister Sushma Swaraj today said political consultations are underway on Indo-Bangla Land Boundary Agreement while government was trying to build a consensus for the Teesta pact.
“The Land Boundary Agreement was already introduced in Rajya ...
ndia
Addressing a press conference, External Affairs Minister Sushma Swaraj today said political consultations are underway on Indo-Bangla Land Boundary Agreement while government was trying to build a consensus for the Teesta pact.
“The Land Boundary Agreement was already introduced in Rajya ...
