• Tuesday, January 27, 2015

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Bangladesh

War for democracy: For the people or on the people?

War for democracy: For the people or on the people?

In Bangladesh, a successful movement for restoration of democracy took place in December 1990 when the dictatorial regime of H.M. Ershad was forced to quit. Another movement took place in April 1996 when the government instituted under the leadership of Khaleda Zia after the farcical election of February 15, 1996 had to resign....

Whither a 'strong Bangladesh' and the missing middle-class?

In his State of the Union Address 2015, President Barack Obama urged building of a 'Strong America.' He affirmed: “This country does the best when everyone gets their fair share, everyone plays by the same set of rules. Everyone needs to contribute to the country's success.” His 'mantra' of middle class economics seemed to be working as per the statistics presented in the address. It is indeed a contradiction of Kuznets' hypothesis that the income inequality tends to decrease...

Garment exports to US on the decline

Garment exports to US on the decline

Garment exports to the US, Bangladesh's single largest export destination, declined 3.17 percent year-on-year to $4.64 billion during January-November last year, due to a slowdown in work orders after the Rana Plaza building collapse. Bangladesh was the sixth largest sourcing country for the US during the period though Bangladesh's position was third even a...

Bangladesh has one of worst lapse rates in insurance: regulator

Private insurers in Bangladesh have one of the worst lapse rates globally, due to policyholders' ignorance and companies' wrong strategies, according to the Insurance Development and Regulatory Authority or IDRA. The lapse is the rate at which policyholders fail to pay their premiums in time, leading to cancellations of insurance coverage. In Bangladesh, the first year lapse rate for private insurers is in the range of 60-70 percent, much higher than in other countries, the IDRA said citing data from the...

Zero-sum politics: Mutually agreed rules of the game

The political space of Bangladesh is bedeviled by extreme forms of disagreements, confrontation and hostilities between the two largest political parties. There are exceptions and variations in degree but, starting from the top to the rank and file, because of endemic mutual mistrust and hatred the dominant sections on both sides are perennially at loggerheads to delegitimise and apparently eliminate each other, if possible. Ironically enough, they also agree a lot with each other, and indeed seem to have a...

Is this Bangladesh?

My four-year old granddaughter, Zariya, keeps asking questions all the time. She was born in the States and lives there. Last year, she came to Dhaka for the first time. Before coming here, she could not figure out what Bangladesh looked like. Naturally, she was very curious and excited. At the JFK airport in New York, she asked her mother: “Is this Bangladesh?” My daughter replied: “No, we are not in Bangladesh yet.” Zariya repeated this question wherever they...

22 BNP, Jamaat, Tahrir men held in Dhaka

At least 22 activists of the BNP, Jamaat-e-Islami and the Hizb ut-Tahrir were detained from Dhaka today during the second day of countrywide hartal of the 20-party alliance amidst blockade. They were all arrested from inside the city over charges of subversive activities, a text message from the Dhaka Metropolitan Police said this morning. Further details are awaited. Otherwise, no major incidents were reported from Dhaka all morning. Traffic inside Dhaka metropolitan was buzzing since morning. Intercity buses of Mirpur, Farmgate, Gulistan,...

BNP mourns Koko’s death

BNP mourns Koko’s death

BNP started a three-day mourning programme over the death of Arafat Rahman Koko, the younger son of party chairperson Khaleda Zia. As part of the programme, the party flag has been kept half-mast at its central office at Nayapaltan in Dhaka, said a staff of the party’s press wing. The party leaders and activists will...

Gazipur cotton mill fire doused

Gazipur cotton mill fire doused

A fire that broke out at a cotton mill in Gazipur Sadar upazila was doused this afternoon. Five firefighting units brought the fire under control two and a half hours after its beginning, reports our Gazipur correspondent. The fire originated at the warehouse of Formosa Polio Cotton Mills in Bagher Bazar area around 1:30pm. None was...

Mymensingh to become division

Mymensingh to become division

Prime Minister Sheikh Hasina today instructed to introduce Mymensingh as a new division splitting Dhaka division in two. The plan to introduce the eighth administrative division was rolled out at today’s cabinet meeting held at the Secretariat under her leadership. As per premier’s instruction at the cabinet meeting, National Implementation Committee for Administrative Reorganisation (Nicar)...

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