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IMF alerts on Dhaka’s slow economic growth, approves USD136.6m disbursement

The Executive Board of the International Monetary Fund (IMF) has completed the second review of Bangladesh’s economic programme under a three-year arrangement supported by the Extended Credit Facility (ECF). The completion of the review enables an immediate disbursement of the third installment under the ECF arrangement for an amount equivalent to SDR 91.423 million (about […]

When two Swedish economists set out to examine whether economic freedom made people any more or less racist, they knew how they would gauge economic freedom, but they needed to find a way to measure a country’s level of racial tolerance. So they turned to something called the World Values Survey, which has been measuring global […]

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The Indian move to set up an inland container port at Narayanganj bypassing Bangladesh government approval, and keeping it uninformed, has stirred sharp reaction to political observers watching the development. Critics said even the Indian central government requires permission to set up any project in the federated states but Delhi has totally avoided to inform […]

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The defaulted loan in the industrial sector skyrocketed by 95.96 per cent in the first nine months of the current fiscal year compared with that in the same period of the FY 2011-12 when it decreased by 7.52 per cent, according to the latest Bangladesh Bank data. BB officials told New Age on Thursday that […]

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The flash flood triggered by last three day’s heavy rainfall inundated low-lying areas of the district, damaging dwelling places and standing crops. The sun has not been sighted here since Tuesday, said local people. The incessant rainfall, caused due to depression over the Bay, along with gusty wind caused sufferings to residents in the district […]

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জাতীয় পার্টির চেয়ারম্যান এইচ এম এরশাদ আজ বৃহস্পতিবার মেজর জেনারেল মঞ্জুর হত্যা মামলায় আদালতে হাজিরা দিয়েছেন। ঢাকা কেন্দ্রীয় কারাগার-সংলগ্ন প্রথম অতিরিক্ত জেলা ও দায়রা জজ আদালতে এই মামলার যুক্তিতর্ক উপস্থাপন চলছে। এরশাদ মেজর জেনারেল মঞ্জুর হত্যা মামলার এক নম্বর আসামি। সাবেক স্বৈরশাসক এইচ এম এরশাদের আইনজীবী শেখ সিরাজুল ইসলাম প্রথম আলো ডটকমকে বলেন, ১৮ বছর […]

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Suvendrini Kakuchi and Katelyn Fossett   Last month, 18-year-old Shapla was just another one of thousands of garment workers employed in a factory in Savar, a suburb of Bangladesh’s capital Dhaka. Today she is a handicapped survivor of one of the worst industrial accidents in history: the collapse on Apr. 24 of the massive Rana […]

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Since 1995 Asia has been on the move. The four Asian Tigers were taking off, China was opening up, and India was looking East. However, soon after that the Asian Financial Crisis happened. Many countries ran into serious problems and some observers doubted that Asia would recover. But Asia did recover, faster than expected. Since […]

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M. Shahidul Islam Unlike war, politics must not be a perpetual battle to annihilate the opposition. Politics must offer wiggle room and the necessary space for compromise; and, the opposition must be a part of the equation to any given problem. The protracted political crisis battering the country stems from the government’s hurried amendment of […]

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Fatemeh Aman in Washington   Following on Nawaz Sharif’s victory in the May 11 national elections in Pakistan, many analysts are indicating cautious optimism on the prospect that the new prime minister can strengthen bilateral relations with the country’s neighbours, particularly India. While entrenched interests among Pakistan’s powerful security establishment constitute one prominent obstacle to any […]

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After several deadly factory disasters in Bangladesh — including the collapse of an eight-story garment factory last month that left at least 1,127 people dead, labor advocates are stepping up pressure on the Obama administration, calling for it to convey its disapproval of working conditions in the country by revoking its special trade status. But […]

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 Accusing the opposition of leader of instigating arson attacks on trains in recent months, Prime Minister Sheikh Hasina on Thursday wondered whether Khaleda Zia has any transport business. “I don’t know, whether she (Khaleda) has any bus business… I can’t tell you that,” she said in her opening remarks at a views-exchange meeting with the […]

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