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Addl security for power plants sought as violence mounting

The ministry of power, energy and mineral resources has requested the home ministry for additional security around the power plants across the country, in view of the worsening political situation. “We have asked for additional security around the power plants which are not under Key Point Installation (KPI),” said Tapos Kumar Roy, Additional Secretary of the ministry. “At the same time, the ministry has also asked the power supply entities to build up own security measures from their own resources without fully depending on the government,” Tapos said. Fresh-Violence-Erupt

Bangladesh included in world’s top political risk hotspots

There is a higher chance for social unrest to exacerbate political instability in Bangladesh, according to research by UK risk analysis firm, Maplecroft released on Thursday. “This is due to the erosion of democratic freedoms, increasing crackdowns on political position and the brutality by security forces towards protesters, compounded by rising food prices and worsening working conditions,” Maplecroft said in a statement. Growing levels of conflict, terrorism, and the toppling of regimes in the Middle East and North Africa, as well as political violence in East Africa, are driving a rise in political instability worldwide, said Maplecroft release.

FBCCI reiterates peaceful solution to political impasse

President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Kazi Akram Uddin Ahmed said, the political parties should come forward immediately to solve the ongoing political turmoil that is hampering the normalcy in the country,” He reiterated the appeal to the political parties to come to a settlement as the country’s trade, commerce and the lives of the common people were being held hostage to the prolonged crisis over election administration. “The politicians of both the major parties sat together after the initiatives taken by the United Nations (UN). Two months ago, we, the business community, had called upon them for sitting together to solve the ongoing crisis.” he said at a press briefing held at the FBCCI office in the capital on Wednesday.

UN emissary urges both parties to continue dialogue

UN Assistant Secretary General Oscar Fernández Taranco urged both the ruling and opposition camps in Bangladesh to continue the dialogue in the spirit of goodwill and compromise. “Bangladesh leaders must continue to come together. I encourage both sides to continue the dialogue in the spirit of goodwill and compromise,” he said. tarancoThe UN envoy for Political Affairs made the call while addressing a crowded press conference before wrapping up his six-day hectic tour of Bangladesh on Wednesday to help its bickering political parties reach a...

Long-term unemployment: New challenge for many countries

Unemployment spells for workers are becoming longer in some countries compared to the pre-crisis situation in 2008, according to the new edition of the ILO Key Indicators of the Labour Market (KILM). “Headlines on a recent decline in unemployment rates hide the bitter reality that many jobless workers are finding it increasingly difficult to get into a new job within a reasonable period of time of 6 months or less,” says Ekkehard Ernst, chief of the ILO Employment Trends Unit. Chances of a job seeker finding a job within a year For example, in Spain, the United Kingdom, the United States, Serbia and Bulgaria, long-term unemployment has increased by 40 per cent or more in comparison to 2008.

Bangladesh key economic indicators – Dec 10

DAILY INDICATORS

Monday Previous Taka/US $ (inter-bank) 77.75-77.76 77.75-77.75 Call money rate (inter-bank) 06.25-08.00 05.50-08.00 Dhaka Stock Exchange index 4,289.82 4,302.56 ------------------------------------------------------------ indicator MONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Nov. 7.15 7.03 M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35 Exports(FOB) ($mln)(BB) Sept. 2,590.24 2,031.44 Imports(FOB) ($mln)(BB) August 2,658.00 3,125.00 --------------------------------------...
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