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Wealth without workers, workers without wealth

TECHNOLOGICAL revolutions are best appreciated from a distance. The great inventions of the 19th century, from electric power to the internal-combustion engine, transformed the human condition. Yet for workers who lived through the upheaval, the experience of industrialisation was harsh: full of hard toil in crowded, disease-ridden cities. The modern digital revolution—with its hallmarks of computer power, connectivity and data ubiquity—has brought iPhones and the internet, not crowded tenements and cholera. But, as our special report explains, it is disrupting and dividing the world of work on a scale not seen for more than a century. Vast wealth is being created without many workers; and for all but an elite few, work no longer guarantees a rising income.

Zila Parishads run with administrators

The appointment of unelected administrators to Zila Parishads has put the accountability and good governance of the local government body at stake, observe experts. According to them, withholding the elections to the Zila Parishads after the appointment of administrators to the local government body 32 months ago also goes against the constitutional mandate of the government. Contacted, local government expert Prof Tofail Ahmed told UNB that it is illegal to keep unelected administrators in Zila Parishads. “Keeping administrators in Zila Parishads is an interim arrangement. It can’t continue for an indefinite period,” he said.

Bangladesh accused of muzzling dissent following polls

Having ridden out the uproar over her walkover re-election, Bangladesh’s Prime Minister Sheikh Hasina is now attempting to silence any further dissent with the crucial backing of the military, say observers. The United States was among a host of countries to demand new polls that “credibly express the will” of the people after Hasina’s ruling Awami League romped to victory in a January ballot boycotted by the opposition. [caption id="attachment_9668" align="alignleft" width="300"]BRITAIN-WOMEN-HEALTH-RIGHTS Prime Minister Sheikh Hasina's ruling Awami Lea...

Introducing VAT should be foremost priority for Bangladesh  

The International Monetary Fund has said that the introduction of an improved value-added tax (VAT) regime in Bangladesh is facing delays, which could hold up the scheduled implementation of new legislation from 2015. The Fund has said that the introduction of the new regime should be the country's key priority. top-vat-payersThe Fund reported: "With a calmer political environment, economic activity is gaining momentum, and real gross domestic product (GDP) growth is expected at about 6.25 percent in fiscal year 2015 (July 2014-Jun...

Govt revenue earnings from DSE up 23.84pc  

Government’s revenue earnings from the premier bourse increased by 23.84 per cent in September last against the earnings of previous month amid increased amount of share transactions in capital market, officials said. According to data found in Dhaka Stock Exchange (DSE), the government’s revenue stood at Tk 249.43 million in September whereas the amount was Tk 201.40 million in August this year, FE reports. dseAmong the revenue worth Tk 249.43 million realised in September, Tk 175.81 million came from transaction of shares at a rate of 0.05 per ce...

2015 Nobel Peace Laureates’ Summit to be held in Atlanta

The World Summit of Nobel Peace Laureates 2015 will be held in Atlanta, Georgia of the USA. Nobel Laureate Professor Muhammad Yunus attended the preparatory Gala for the World Summit at Atlanta on September 28, said a Yunus Centre press release on Thursday. World_Summit_of_Nobel_Peace_Laureates_542d6d3b4fdfdFormer US President Jimmy Carter and Professor Yunus are the co-hosts and CNN Founder Ted Turner is the Honorary Chair for the Atlanta Summit, it said. The ga...
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