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GDP to slow down to 5.8pc: CPD

The country’s economic growth in the current fiscal may slow down to 5.8 or even to 5.6 percent from above 6 percent for the last four fiscals, predicted Centre for Policy Dialogue (CPD) on Saturday. The Gross Domestic Product (GDP) growth is likely to remain between 5.6 percent and 5.8 percent provided that the second half of the current fiscal does not go through any major political uncertainty, noted CPD executive director Mustafizur Rahman at a programme at its office. BD GDPSpeaking at the launching ...

Democracy in Bangladesh, a prisoner of history

It wouldn’t be wrong to say that modern democracy in Bangladesh is a prisoner of this history.
It was an election of the ruling party, by the ruling party and for the ruling party. That is how one can describe the recent general elections in Bangladesh. It was an election of the ruling party, by the ruling party and for the ruling party. That is how one can describe the recent general elections in Bangladesh. More than half of the candidates won the elections without even contesting and the remaining half, in a parliament of 300, romped home with a token fight between friendly parties. <...

Dhaka, Delhi plan joint fight against fake currency notes

A joint taskforce of Bangladesh and India will tackle the smuggling of counterfeit currency in the two countries. The decision was taken at a three-day bilateral meeting that ended in New Delhi on Friday. The DIG (Crime) of the Bangladesh Police led the Bangladeshi delegation. bd-indiaAdditional secretary (Political) of home ministry Dr Kamal Uddin Ahmed told media that the taskforce will discuss strategies to stop smuggling and circulation of fake notes. “Both t...

Backward slide on human rights in Bangladesh: HRW report

Bangladesh tumbled backward on human rights in 2013 as the government engaged in a harsh crackdown on members of civil society, the media and political opposition, Human Rights Watch said in its World Report 2014 released Tuesday. The authorities often employed violent and illegal measures against protesters, and failed to initiate any investigations into credible allegations of unlawful deaths at the hands of its security forces, it said. Measures to protect labour rights after a series of factory deaths fell far short of international standards. human rights Bangladesh

Action plan for realising potential of Bali outcome

The ninth ministerial conference (MC9) of the World Trade Organization (WTO) which was held in Bali on 3-6 December has created a new benchmark for the faltering Doha Development Round (DDR). Since the launch of the DDR in 2001, the international economy has undergone significant changes. This has happened due to volatile food and commodity prices, shocks emanating from global financial and economic crisis, proliferation of regional and bilateral free trade arrangements and weak commitment to the Aid for Trade programme, according to the editorial of the current ICCB News Bulletin (October-December 2013 issue) of International Chamber of Commerce-Bangladesh released here on Tuesday.

Despite setbacks, Bangladesh beats India in garment exports

Bangladesh has overtaken India in readymade garment exports despite the recent setbacks it received like instances of building collapses and fire at manufacturing units, says a study by Exim Bank. Between January and October 2013, readymade shipments by Indian exporters to the US grew 6.3% to $3.2 billion, while the same by Bangladesh jumped 11.4% at $4.9 billion, the premier export finance agency said. "In the absence of latest data, imports by the US are a very good benchmark of understanding the latest trends. Bangladesh has been aggressively pushing the garment exports and has made a slew of policy changes to facilitate those," Exim Bank chief general manager Pra...
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