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Jahidul Islam

Dhaka, Bangladesh
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About Jahidul
Jahidul Islam is a journalist based in Dhaka, Bangladesh.
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Jul et Mad Paris New Collection

17 killed as trains collide in Bhairab

24 Oct 2023  |  www.thedailystar.net
A freight train collided with the Egarosindhur Godhuli passenger train near Bhairab Bazar Junction Railway Station, resulting in at least 17 deaths and numerous injuries. The freight train had ignored a signal light, causing the collision and derailment of three carriages. Witnesses and officials provided accounts of the chaos and rescue efforts. Bangladesh Railway suspended the freight train's crew and formed committees to investigate the incident. The crash disrupted rail links, which were later restored.

17 killed as trains collide in Bhairab

23 Oct 2023  |  The Daily Star
At least 17 people were killed when a freight train ignored a signal and collided with a passenger train near Bhairab Bazar Junction Railway Station. The impact caused three carriages to derail, with two overturning, leading to numerous casualties and injuries. Rescue operations involved locals, police, firefighters, and Rab personnel. The crash disrupted rail links between Dhaka and other regions, which were later restored. Bangladesh Railway suspended the freight train's driver, assistant, and guard, and initiated investigations with two committees to probe the incident.

Dengue outbreak still threatening

12 Oct 2023  |  The Business Standard
Bangladesh is experiencing a severe dengue outbreak, with over 25,000 reported cases and 96 deaths this year, making it the second highest in recent years. The actual number of infections is estimated to be much higher, potentially over 12 lakh. Despite efforts by Dhaka's city corporations, the outbreak remains uncontrolled. Experts criticize the effectiveness of these measures and highlight the discrepancy between reported and actual cases. Hospitals in Dhaka are overwhelmed, and the situation is exacerbated by heavy rains and inadequate mosquito control measures.

Health, nutrition prog seeks rise in cost, tenure despite poor progress

10 Oct 2023  |  The Business Standard
The fourth health nutrition and population sector programme in Bangladesh, involving over Tk115,486 crore, has seen higher operational expenses than development since its inception in 2017. The health ministry seeks a one-year extension and an additional Tk30,448 crore to complete the programme, which faced Covid-19 related obstacles. The Planning Commission has questioned the rationale for additional development expenses, noting significant progress in physical infrastructure but lagging in human resource and skills development. Foreign aid remains a small portion of the total expenditure, with ongoing discussions for additional funding from various countries and development lenders. Experts stress the need for accelerated projects in training and infrastructure development to improve healthcare services.

When garbage stands in way of Liberation War Museum

01 Oct 2023  |  The Business Standard
The Dhaka North City Corporation has been using an open street near the Liberation War Museum as a waste transfer station, violating the Solid Waste Management Rules. This has led to environmental damage, traffic congestion, and a negative impression on visitors. Local residents and visitors have expressed their concerns, urging the city corporation to address the issue promptly. The DNCC officials acknowledge the problem and plan to construct a new underground transfer station soon.

Nuisance parking, seized vehicles block most of Mohammadpur Ring Road

01 Oct 2023  |  The Business Standard
Illegal parking and the dumping of impounded vehicles by Adabor Police Station are causing significant traffic congestion on Mohammadpur Ring Road, despite recent improvements by the Dhaka North City Corporation (DNCC). Local residents and commuters are frustrated by the persistent gridlocks and obstacles on sidewalks. The DNCC conducts regular mobile court drives against illegal parking, but the problem remains unresolved. The police station, lacking a designated dumping ground, parks seized vehicles on the road, further exacerbating the issue. The presence of shopping centers and educational institutions without adequate parking facilities also contributes to the congestion.

Khamarbari-Mirpur Road, without lights, turns snatching hotspot

01 Oct 2023  |  The Business Standard
The Khamarbari-Mirpur Road in Dhaka has become a hotspot for snatching due to the absence of street lights, making it dangerous for commuters. Despite the Dhaka North City Corporation's project to install smart LED lights, the area remains dark, exacerbated by ongoing metrorail construction. Victims of snatching incidents express frustration over the lack of security, while local authorities acknowledge the issue but have yet to implement temporary solutions. The installation of street lights is expected to be completed by December.

Keeping Users Up-to-Date: A Guide to Mobile App Version Control

01 Oct 2023  |  DEV Community
In the dynamic realm of mobile apps, maintaining a consistent user experience is challenging due to app store review times causing version discrepancies among users. A version control system is employed to manage this, involving database version tracking, hardcoded app versions, and API calls from the splash screen to the backend. The backend response dictates whether a force or soft update prompt is shown to users, ensuring they are on the appropriate app version. Various user scenarios illustrate how the system customizes update prompts based on individual app versions.

Rising living costs barring people from theme parks

01 Oct 2023  |  The Business Standard
Rising living costs are significantly impacting the amusement park industry in Bangladesh, with many families unable to afford visits and additional rides. The economic strain, exacerbated by the Covid-19 pandemic and the Russia-Ukraine war, has led to a substantial decline in visitor numbers and revenue for parks like Nandan Park, Sea Pearl Water Park, and Fantasy Kingdom. Industry representatives express concerns over the sustainability of their businesses amidst soaring commodity prices and lack of government support. The Bangladesh Association of Amusement Parks and Attractions (BAAPA) highlights the sector's struggles and hopes for better business during upcoming holidays.

Limping along on limited facilities

01 Oct 2023  |  The Daily Star
Narsingdi Sadar Hospital faces severe shortages in staff, facilities, and hygiene, causing significant patient suffering. Patients endure long waits and inadequate care, while illegal brokers exploit the situation for profit. Despite repeated requests for more resources, the hospital remains under-resourced, exacerbating the healthcare crisis in the region.

Hemayetpur-Bhatara metro rail cost set to rise 11% before construction starts

01 Oct 2023  |  The Business Standard
Delays in detailed design, land acquisition, and contractor procurement have increased the cost of the Hemayetpur-Bhatara metro rail project by 11.19% before construction has even started. The Dhaka Mass Transit Company Limited (DMTCL) has pushed back deadlines for design completion, land acquisition, and contractor procurement, citing the Covid-19 pandemic as a major cause. The Japan International Cooperation Agency (Jica) has raised concerns about these delays and the overall security situation in Bangladesh, while committing significant financial support for the project. Experts attribute the delays to a lack of skilled manpower and dependence on consultants and contractors. The project aims to alleviate severe traffic congestion in Dhaka by 2028, benefiting over 14 lakh passengers daily.

Alokbali’s water hyacinth woes

01 Oct 2023  |  The Daily Star
Mahmuda Begum's tragic death highlights the severe impact of water hyacinth on the residents of Alokbali union, Narsingdi. The invasive plant, exacerbated by illegal fish farms, obstructs waterways, delaying critical medical care. Local authorities, including the Narsingdi Deputy Commissioner and MP Nazrul Islam Hiro, acknowledge the issue but have yet to implement effective solutions. The community's plight eases during the rainy season, but the dry season remains perilous.

ICT Division moves for 14 more IT training centres

01 Oct 2023  |  The Business Standard
The ICT Division of Bangladesh plans to establish 14 additional IT training and incubation centers to support rural youth entrepreneurship and job market readiness for the fourth industrial revolution. The project, costing Tk1,118 crore, aims to decentralize training facilities across 33 districts, reducing pressure on Dhaka. Each center will train 500 students annually. The Planning Commission has raised questions about the project's costs and recommended collaboration with local government departments. The initiative aligns with Bangladesh's goal of becoming a middle-income country through knowledge-based human resources.

Heavy vehicle drivers’ training stuck in massive project cost

01 Oct 2023  |  The Business Standard
A 2019 project to train heavy vehicle drivers in Bangladesh remains unapproved due to high projected costs by the Bangladesh Road Transport Corporation (BRTC). The Planning Commission has raised concerns over the project's estimated cost of Tk768.66 crore, seeking justification for additional expenses, including construction and consultancy fees. The project aims to address the shortage of heavy vehicle drivers and improve road safety, with potential benefits including reduced road accidents and increased foreign remittances from skilled drivers. The Project Evaluation Committee will review the cost justifications in an upcoming meeting.

Banker shines in cattle farming

Banker shines in cattle farming

01 Jul 2023  |  The Daily Star
Ahsan Sikder, a private bank manager in Narsingdi, has successfully expanded his cattle farming business from a small investment to a significant enterprise over ten years. Despite rising production costs, his Green Agro dairy farm continues to meet local demand for milk and sacrificial animals. The article highlights the economic challenges faced by cattle farmers in the region, including increased fodder costs and lower profit margins. The Narsingdi District Livestock Office is monitoring farms to prevent the use of harmful chemicals, ensuring the quality of sacrificial animals for Eid-ul-Azha.

Narsingdi’s clout as industrial hub grows

25 Apr 2023  |  The Daily Star
Narsingdi is emerging as a significant industrial hub due to improved road connectivity with Dhaka, leading to reduced travel times and increased industrialization. Lower land and labor costs, along with enhanced infrastructure, are attracting businesses to the district. The Narsingdi Chamber of Commerce & Industry has seen a rise in registrations, and the Department of Environment has approved more factories. Key industrial areas like Madhabdi and Narsingdi Sadar are benefiting from proximity to Narayanganj. The Bangladesh Small and Cottage Industries Corporation (BSCIC) has expanded its facilities to accommodate growing demand, further boosting the region's industrial capacity.

Lotkon farmers enjoying fair yields, prices

07 Apr 2023  |  The Daily Star
Lotkon farmers in Narsingdi, Bangladesh, are experiencing good yields and favorable market prices for their fruit, known as Burmese grape. Cultivation has increased to 1,890 hectares, with an expected production of 32,000 tonnes valued at Tk 350 crore. Farmers like Alamgir Hossain and Mobarok Hossain have found financial success in lotkon farming, with the latter turning barren land into a profitable orchard during the Covid-19 pandemic. The Department of Agricultural Extension notes higher prices and production compared to previous years, and exports to the Middle East and Europe are expected to bring in an additional Tk 200 crore. Health benefits of lotkon, such as its content of calcium, vitamin C, antioxidants, and iron, are recognized by medical professionals like Dr. ANM Mizanur Rahman. The region is becoming an economic green zone due to the eco-industrial business of lotkon production.

Dhaka's Children Lose Out on Playgrounds and Open Spaces

04 Apr 2023  |  The Business Standard
The article discusses the challenges faced by children in Dhaka, Bangladesh, due to the lack of open spaces and playgrounds, which forces them to spend more time indoors using digital devices. The city's growing pollution and unsafe roads further discourage outdoor activities. Health experts have observed an increase in mental disorders among children, exacerbated by the pandemic. Urban planners and psychologists criticize the city's infrastructure for not being child-friendly, with many playgrounds either illegally occupied or inaccessible. The article highlights the need for more parks and playgrounds, as well as child-friendly urban planning, to ensure the proper development of children in Dhaka.

Govt’s bank loans to grow 33% in FY23 as subsidy bills rise

03 Apr 2023  |  tbsnews.net
The Bangladeshi government is projected to borrow 33% more from banks in fiscal year 2023, exceeding Tk1 lakh crore, to cover increased subsidy bills and debt servicing. This borrowing, driven by global commodity price hikes, raises concerns about inflation and reduced credit availability for the private sector. The Finance Ministry's borrowing estimate is 18.60% higher than the revised target for the current year. Bangladesh Bank Governor Dr. Fazle Kabir criticized the revised borrowing target as 'very abnormal,' while Finance Secretary Abdur Rouf Talukder justified it as necessary for government bill payments. Economists and business leaders warn that excessive government borrowing could crowd out private sector investment, hinder business recovery, and increase reliance on high-interest domestic loans over low-cost foreign loans.

4 Awami League members from Narsingdi: 'Picked up' 6 years ago, no trace yet

04 Mar 2023  |  www.thedailystar.net
Four Awami League members from Raipura, Narsingdi, Bangladesh, have been missing for nearly six years after allegedly being picked up by police. Despite family members' appeals to authorities, including the prime minister, there has been no information on their whereabouts. Witnesses claim the men were last seen being taken to Syedabad Ferry Ghat by police. The incident led to a violent clash between locals and police, resulting in at least one death. Family members of the missing have faced further distress, with allegations of police shooting two relatives in the leg, leading to amputations. The former and current police officials involved have denied the allegations or declined to comment.

Under-construction roads in Savar add to commuters' woes

10 Feb 2023  |  The Business Standard
The ongoing road development project in Savar, part of the Dhaka-Aricha highway upgrade, has caused significant inconvenience to commuters and local businesses. The construction, which includes upgrading the road from four to eight lanes and building footbridges, has led to frequent accidents, traffic jams, and dust pollution. Local residents and business owners express frustration over the prolonged construction and its impact on daily life. The Roads and Highways Department acknowledges the issues but cites the complexity of the project as a reason for the delays. The Savar Municipality has limited power to enforce changes, despite raising concerns about public suffering.

BSCIC estate in Narsingdi: Businesses displeased with inadequate facilities

01 Nov 2022  |  The Daily Star
Businesses at the BSCIC industrial estate in Narsingdi are dissatisfied with inadequate facilities, including poor drainage, waste management, and lack of security and gas connections. Despite ongoing development projects, many entrepreneurs have relocated due to persistent issues. The estate, established in 1986, faces challenges such as power outages, insufficient firefighting measures, and environmental pollution. Authorities acknowledge the problems and are working on solutions, but the slow progress has led to operational difficulties for the remaining businesses.

Census information collection to continue until 28 June

21 Jun 2022  |  The Business Standard
The census information collection deadline in Bangladesh has been extended to 28 June due to difficulties in surveying flood-affected areas in Sylhet, Sunamganj, Moulvibazar, and Netrokona. Md Dilder Hossain, director of the Population and Housing Census 2021 project, cited disruptions from floods as the reason for the extension. Despite initial progress, the rise in floodwaters has hindered data collection, and there are concerns about the accuracy of information due to the disaster and lack of coordination. The decision to extend was made by officials from the Statistics and Informatics Division, the Bangladesh Bureau of Statistics, and the project.

Strong GDP growth, higher toll means Padma Bridge will pay for itself

21 Jun 2022  |  tbsnews.net
The Padma Bridge in Bangladesh, initially projected to not fully recover its construction costs through toll payments, is now expected to pay for itself within 35 years due to the country's significant GDP growth. The construction cost increased to Tk30,193 crore, but with the rise in GDP and increased toll rates, financial feasibility has improved. The government provided a grant and a low-interest loan for the project, and the Bridges Division will repay the debt by 2057. The toll revenue from the Bangabandhu Bridge and Muktarpur Bridge will initially cover any deficits, with surpluses anticipated after 20 years.

Just days away for Padma Bridge to end commuters’ long wait

20 Jun 2022  |  The Business Standard
The much-anticipated Padma Bridge, set to be inaugurated by Prime Minister Sheikh Hasina on June 25, promises to significantly reduce travel time and costs for commuters traveling between Dhaka and the southwestern districts of Bangladesh. The bridge is expected to save 187,727 hours of waiting time per day for 2,620 vehicles, translating to an annual saving of Tk680 crore. The bridge is also anticipated to boost industrialization, housing, trade, and tourism in the southwestern region, with surveys indicating widespread optimism about improved travel, business opportunities, and reduced river erosion. The construction of the bridge is seen as a major step towards economic development in the region.

Number of persons with disabilities twice than previously assessed

15 Jun 2022  |  tbsnews.net
A recent survey by the Bangladesh Bureau of Statistics reveals that 2.4% of Bangladesh's population, or about 47.42 lakh people, are physically or mentally challenged, which is nearly double the number found in a previous survey by the Department of Social Services. The survey indicates significant disparities in access to healthcare, education, and employment for persons with disabilities, with only 40.55% of children with disabilities attending school and 27.21% of disabled individuals participating in economic activities. Experts recommend increasing education access and economic inclusion for the disabled, enhancing social security coverage, and creating social awareness. The government has increased the disability allowance and plans to bring all disabled individuals under social security. The survey also highlights the higher incidence of disabilities in rural areas, the need for assistive devices and special sanitation facilities, and the impact of road accidents on disability rates.

What is for the poor in government staff salary and project costs?

12 Jun 2022  |  The Business Standard
The Statistics and Informatics Division in Bangladesh, despite claiming 94% of its budget plays a role in poverty alleviation, has been criticized for not performing its duty of collecting and analyzing quality data essential for policy-making. The Finance Division's proposed budget allocates 57% to poverty alleviation, with the Bridges Division spending the highest percentage on such initiatives. However, experts like economist Ahsan H Mansur question the direct impact of infrastructure projects on poverty. The Ministry of Railways also claims a significant portion of its budget contributes to poverty alleviation, but with no separate quota for the poor in trains, the effectiveness is doubtful. Other ministries, including Industries, Commerce, and Foreign Affairs, claim to spend on poverty alleviation, but the Economic Relations Division shows minimal impact. Experts like Zahid Hussain and Mustafizur Rahman criticize the government's allocations for lacking assessment and verification, calling for a precise evaluation of the budget's contribution to poverty alleviation.

Now Tech Education Division seeks foreign trips for 1710

12 Jun 2022  |  The Business Standard
1,710 individuals, including teachers and government officials, are proposed to go on foreign trips for technical education training, costing around Tk94 crore. Despite a directive to cut down on such expenses due to forex reserve pressures, the Technical and Madrasah Education Division seeks to increase the number of participants and costs. Critics argue that sending a large number of people abroad is economically and logically unsound, suggesting local training by foreign experts as a cost-effective alternative. The final decision rests with the Planning Commission.

Safety net rises. Really?

09 Jun 2022  |  The Business Standard
Finance Minister Mustafa Kamal's 2022-23 budget presentation emphasized controlling inflation but faced immediate criticism for increasing the price of essential goods like soybean oil. Despite expectations, import duties and VAT reductions were minimal, and the budget appeared to favor businesses over common people. Social security allocations increased on paper but effectively decreased due to higher pension allocations, leaving less for other social safety nets. Experts from the Center for Policy Dialogue and Bangladesh Institute of Development Studies highlighted the budget's shortcomings in addressing inflation and supporting the poor, with significant cuts in allocations for essential programs and services.

Newly opened Banani parks mostly off-limits to children

07 Jun 2022  |  The Business Standard
The newly renovated parks in Banani, Dhaka, remain largely inaccessible to children despite their recent inauguration. The parks, open for limited hours, have locked playgrounds and non-operational facilities, causing frustration among local students and residents. The Dhaka North City Corporation has yet to appoint a maintenance company, delaying the full opening of the parks. Local officials and residents express dissatisfaction with the current state of the parks, highlighting the need for accessible recreational spaces for children.

Ctg depot fire victims groan in Burn Institute

06 Jun 2022  |  The Business Standard
A massive fire at BM Container Depot in Chattogram's Sitakunda upazila resulted in at least 41 deaths and over 200 injuries, with the death toll expected to rise. Victims, including Faruk, Farmanul Islam, Nazrul Mandal, Sheikh Moinul Haque, and Md Faruk, are receiving treatment at Sheikh Hasina National Institute of Burn and Plastic Surgery. Many of the injured are in critical condition, and the fire has severely impacted the lives of the victims and their families, who are struggling with the aftermath.

Dengue infections surge even before peak season

31 May 2022  |  The Business Standard
Dengue infections in Bangladesh have surged sharply in May, even before the typical peak season of June-September. The Directorate General of Health Services (DGHS) has warned of increased dengue prevalence, which has been exacerbated by insufficient mosquito control measures by Dhaka's city corporations. Entomologists report a significant rise in Aedes mosquito density, with surveys indicating higher larvae presence compared to previous years. Experts emphasize the need for increased community engagement and year-round mosquito control efforts. Despite city corporations' ongoing initiatives, experts fear the situation could worsen, although officials remain hopeful about controlling the outbreak.

DSCC leases Gulistan park restricting public access

22 May 2022  |  tbsnews.net
Public access to Shaheed Matiur Park in Gulistan, Dhaka, has been restricted after Dhaka South City Corporation leased it to private sector individuals, Md Oli Ullah and Rony Sikder, who erected a wall and introduced a ticket system. The park, renovated in 2020 as an open space, now contains rides and food stalls, and a wholesale fruit market operates nearby. Architect Rafiq Azam, whose firm Satatya designed the park, criticized the commercial management, and urban planner Adil Muhammad Khan argued against the restriction of public access. DSCC officials claim the lease is for maintenance purposes, but the move has faced public backlash and concerns over the loss of green space.

Social safety budget to stay same despite inflation rise

22 May 2022  |  The Business Standard
The upcoming budget offers no relief for the ultra-poor as social safety allowances remain unchanged for the seventh consecutive year despite rising inflation. The allocation for social safety nets will increase slightly but will primarily cover pensions and salaries, not direct aid to beneficiaries. Experts criticize the government for not adjusting allowances in line with inflation, highlighting the growing disparity between the cost of living and the stagnant support for vulnerable populations. The article underscores the need for automatic inflation adjustments to social safety allowances to better support the marginalized communities.

Census in monsoon: Tk12.85cr to be spent on umbrellas, waterproof bags

15 May 2022  |  The Business Standard
The 6th population and housing census in Bangladesh, delayed by over a year due to complexities in purchasing tablet computers, is set to begin on 15 June. Conducting the census during the monsoon season has raised concerns about the accuracy of data collection, especially in hard-to-reach areas. To address these challenges, the Bureau of Statistics will spend Tk12.85 crore on umbrellas and waterproof bags for enumerators. Despite criticism from experts like Zahid Hussain, the government has approved the revised project without changing the total cost. The census aims to aid in decision-making and development planning at various levels.

Two years of Dhaka mayors: Paper promises, little results

13 May 2022  |  The Business Standard
Two years into their terms, Dhaka mayors Atiqul Islam and Sheikh Fazle Noor Taposh have largely failed to deliver on their promises to improve traffic, eliminate waterlogging, and control mosquito infestations. Despite pledges to modernize the city, both mayors have seen little progress, with traffic congestion worsening and waterlogging issues persisting. Efforts to manage waste, reduce pollution, and control mosquito populations have also fallen short. Experts criticize the mayors' approaches as flawed and ineffective, calling for more coordinated and long-term planning to address the city's challenges.

Posters, banners, graffiti rob Dhaka of its charms

10 May 2022  |  The Business Standard
Dhaka is experiencing visual pollution due to the rampant use of posters, banners, and graffiti, which causes mental disturbances and property damage. Despite the Graffiti Writing and Poster Sticking Control Act of 2012, enforcement is lax. City planner Adil Muhammad Khan calls for a social movement against this trend. Dhaka South and North City Corporations struggle to enforce the law, with plans to set up digital billboards for legal advertising. Residents express frustration over the defacement of property and call for stricter action against violators.

Inflation: Is BB doing enough?

10 May 2022  |  The Business Standard
Central banks in major economies like the USA, UK, and India have taken drastic steps to control inflation, including raising key policy rates. In contrast, Bangladesh Bank has not yet implemented harsh monetary measures despite inflation exceeding targets. Independent economists argue that the official inflation figures in Bangladesh do not reflect real market prices and that the central bank's actions are insufficient. The article highlights the rising prices of essential commodities and the impact of global economic conditions, including the Russia-Ukraine war, on inflation. Experts suggest that more stringent measures are needed to control inflation and discourage non-essential imports.

What needs to be done now?

08 May 2022  |  The Business Standard
Bangladesh's economy is grappling with soaring commodity prices driven by volatile global markets and a rising US dollar. Experts suggest that while the country cannot control global market conditions, it can implement monetary and fiscal policies to manage domestic demand. Recommendations include adjusting policy rates, making lending rate caps flexible, and avoiding expansionary monetary policies until inflation subsides. Fiscal measures should focus on reducing the budget deficit and expanding the tax net without harassing taxpayers. The government is urged to mobilize resources for subsidies, expand the TCB sales network, and address discrepancies in foreign exchange rates. Additionally, experts emphasize the need for pragmatic exchange rate policies and careful management of imports to protect forex reserves. Social safety nets should be strengthened to support the poor, with a preference for cash aid over goods to reduce corruption and inefficiencies.

Soybean oil still out of market even after price hike

06 May 2022  |  The Business Standard
Soybean oil remains scarce in Dhaka markets despite a government-mandated price increase. Consumers and businesses are struggling to find the essential cooking ingredient, with many stores out of stock and others charging inflated prices. The shortage, which began before Eid, has worsened post-holiday. The government set new prices for soybean oil, with a litre now costing Tk198, up 23.75% from Tk160. Restaurants and eateries are facing operational challenges due to the shortage and are contemplating raising food prices or reducing portions.

Horror of Tejgaon traffic tangle

28 Apr 2022  |  The Business Standard
Tejgaon, an industrial area in Dhaka, faces severe traffic congestion due to ongoing road construction, lack of dedicated parking spaces, and poor coordination among government agencies. Local residents and officials highlight the challenges, including scattered construction materials and illegal parking. The Dhaka North City Corporation plans to introduce a smart parking system and improve coordination to alleviate the situation. Experts suggest forming local committees to monitor development works and hold developers accountable.

Attestation: When an ancient, unnecessary system leads people to fake it

19 Apr 2022  |  The Business Standard
The article discusses the outdated and unnecessary system of document attestation in Bangladesh, which leads many job seekers and individuals to resort to forging seals and signatures or using brokers. The system, deemed archaic by many, causes significant hassle and harassment. Public administration experts and former officials argue for the abolition of the attestation requirement, citing its redundancy in the modern age. The article highlights the widespread practice of faking attestations and the existence of a thriving market for fake seals in Dhaka's Nilkhet area.

FY23 ADP outlay to be 5.58% of GDP – lowest in 8 years

18 Apr 2022  |  The Business Standard
The annual development programme (ADP) outlay for FY2022-23 is set at Tk2.46 lakh crore, representing 5.58% of GDP, the lowest in eight years. Despite increased demands from various ministries, the Finance Division has emphasized prioritizing projects that boost income and employment. The draft budget is 12.29% higher than the current one, with a 9.26% increase in ADP. Economists warn that insufficient allocations could delay project completions and increase costs. The government is also facing challenges in utilizing foreign aid effectively, with a significant portion of funds remaining unused. Ministries have been advised to avoid new projects and focus on completing existing ones, although some have requested additional allocations. Successful implementation of ADP projects is crucial, with an emphasis on efficiency and reducing corruption.

A city where children can’t play

17 Apr 2022  |  The Business Standard
Dhaka, the capital of Bangladesh, faces a severe shortage of open spaces and playgrounds, falling drastically short of the World Health Organisation's recommendations. The city's rapid expansion and development have led to the disappearance of many green spaces, leaving residents, especially children, with limited areas for physical activity. Despite efforts by the Dhaka North and South City Corporations to renovate and create new parks, the number of accessible playgrounds remains insufficient. Experts emphasize the urgent need for more open spaces to improve public health and quality of life in the densely populated city.

More subsidies coming to tame inflation

10 Apr 2022  |  The Business Standard
The government of Bangladesh is planning to increase subsidy allocations in the upcoming fiscal year 2022-23 to control inflation without raising prices of essential utilities. The budget will also focus on poverty alleviation, boosting domestic investment, and job creation. Significant increases in subsidies for LNG, electricity, and agriculture are planned, alongside measures to devalue the taka to support exporters. The finance ministry aims to maintain a satisfactory foreign exchange reserve and control inflation, which is currently at 6.17%. The budget will also enhance social safety nets and food aid programs. The government is preparing for potential economic challenges due to the ongoing Russia-Ukraine war and rising international prices. The finance ministry expects private sector investment to grow as the economy recovers from the COVID-19 pandemic.

South Asia’s largest STP in Dasherkandi to operate from June

03 Apr 2022  |  The Business Standard
The Dasherkandi Sewage Treatment Plant, South Asia's largest, is set to begin operations in June in Dhaka, Bangladesh. Funded by China, the plant will process sewage for nearly 5 million people daily and create about 1000 jobs. It is part of the Bangladesh-China-India-Myanmar Economic Corridor and the Belt and Road Initiative. The project, built on 24 hectares of land, includes a sludge drying-burning system with a capacity of 560 tons per day. The Export-Import Bank of China is financing the project, and Hydro China Corporation is implementing the work. Dhaka WASA plans to build four more sewage treatment plants to prevent river pollution and aims to bring the city into a 100% sewerage network.

Tourism Fair 22: Most visitors interested in domestic destinations

01 Apr 2022  |  The Business Standard
The 10th MasterCard Bangladesh Travel and Tourism Fair-2022, held after a two-year hiatus due to the Covid-19 pandemic, attracted numerous visitors, with a significant interest in domestic travel destinations. Organized by the Tour Operators Association of Bangladesh, the event featured local and international tour operators, airlines, hotels, and other tourism-related businesses offering various travel packages and discounts. The fair, inaugurated by Md Mokammel Hossain, aimed to revive the tourism industry and included B2B sessions, seminars, and cultural events. Key participants included Avijatrik, TripLover, and Saimon Group, with MasterCard as the title sponsor.

Rickshaw licensing: Legalising traffic chaos for cash?

28 Mar 2022  |  The Business Standard
The Dhaka city corporations have resumed issuing licenses for non-motorized rickshaws, a move criticized by urban experts as legalizing traffic chaos for revenue. Experts advocate for modernizing public transportation and limiting non-motorized vehicles to alleviate congestion. The licensing process, slow due to the pandemic, aims to regulate rickshaws but faces criticism for potentially worsening traffic. Guidelines have been set for rickshaw pullers, including age limits and fare charts. The decision has sparked debate on balancing traffic management with the livelihoods of rickshaw pullers, many of whom are climate refugees or seasonally unemployed.

E-learning platform in the fashion of Udemy, Coursera in the offing

23 Mar 2022  |  tbsnews.net
The ICT Division of Bangladesh is developing an e-learning platform similar to Udemy and Coursera to provide skills for Industry 4.0 to youths aged 18-35. The 'Digital interactive knack for knowledgeable human assets (Dikkha)' project, with a budget of Tk27.5 crore, aims to offer 50 ICT courses and reach at least 25 lakh youths by 2023. The platform will use AI, VR, and AR technologies and include content for differently-abled youths. The project is expected to be completed by 2024, and a campaign will promote the courses through various media.

Japan-aided mega projects to get costlier

13 Mar 2022  |  The Business Standard
The Japan International Cooperation Agency (Jica) has requested Bangladesh to increase contract prices and extend deadlines for three infrastructure projects in Dhaka, citing pandemic-related slowdowns and increased costs. The Embassy of Japan in Dhaka communicated this to the Economic Relations Division (ERD), which has consulted with various ministries and project directors to assess potential cost and time escalations. Economists and experts recommend a case-by-case assessment rather than blanket approval of these demands. The projects, including metro rails and road constructions, are part of a larger set of 33 development projects funded by Jica in Bangladesh. The progress of these projects has been slow, with some like the Chattogram City Outer Ring Road and Karnaphuli Water Supply Project (Phase 2) nearing completion, while others like the metro rails are still in early stages.

War casts shadow on mega-projects also

13 Mar 2022  |  tbsnews.net
Mega-projects in Bangladesh, including the Padma Bridge and various railway constructions, are experiencing setbacks due to increased costs and supply shortages of construction materials, a consequence of the Russian invasion of Ukraine. Contractors are slowing work or seeking higher rates, while some local suppliers are accused of overcharging. The Rooppur Nuclear Power Plant, with Russian and Ukrainian engineers, continues despite the conflict, but there are concerns about future funding. The BSRM steel company denies supply manipulation, attributing potential price increases to international market trends. Projects like the Gazipur-Dhaka airport Bus Rapid Transit and the Bangabandhu Sheikh Mujib Railway Bridge are also affected, with project directors considering contract price adjustments.

People squeezed by soaring commodity prices

12 Mar 2022  |  The Business Standard
Nurse Johora Begum and other low-income individuals in Bangladesh are struggling to manage their expenses due to soaring commodity prices, exacerbated by the pandemic. Essential items like rice, lentils, and cooking oil have seen price hikes between 30% and 80%, forcing many to rely on subsidized goods from the Trading Corporation of Bangladesh (TCB). Despite the government's efforts, the supply from TCB is insufficient to meet the rising demand. Surveys by Brac and the Bangladesh Bureau of Statistics highlight the increased poverty and decreased income among low-income groups. Experts suggest strengthening TCB and increasing its distribution capacity to alleviate the situation.

New variety lights path of onion-sufficiency

28 Feb 2022  |  tbsnews.net
Bangladesh's development of the BARI-5 onion variety represents a significant step towards self-sufficiency in onion production. Despite being developed in 2008, it only gained popularity after a severe shortage. With a productivity of 30 tonnes per hectare, it far exceeds local varieties and has been adopted by over 1,000 farmers. The government's focus has traditionally been on rice, but with BARI-5 and other research, there is hope for meeting local onion demand. Bangladesh still imports 30% of its onions but aims to reduce this through increased BARI-5 cultivation. The World Bank and ADB Institute reports highlight Bangladesh's agricultural productivity and efficiency, with the country leading in Asia according to the ADB Institute.

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Bangla in ICT project moving at snail’s pace

21 Feb 2022  |  The Business Standard
The Bangladesh Computer Council's project to integrate Bangla into computing and IT, valued at Tk159 crore, has made minimal progress in seven years, with only one of the planned 16 software developed. The project, aimed at establishing digital Bangladesh and making computer management easier for the less educated and disabled, has been extended twice, with the deadline now set for June 2024. Financial progress is at 10.65%, with overall progress at 40%. The project has faced budget cuts and increased expenses, leading to a reduction in software development allocation. Acting project director Mohammad Mahbub Karim cites the intensive research nature of the project and the complexity of developing software comparable to that of tech giants as reasons for the delays.

Malibagh waste transfer station turns into pedestrians’ woes

20 Feb 2022  |  The Business Standard
A damaged waste transfer station near Malibagh intersection in Dhaka has become a significant problem for local residents and pedestrians due to mismanagement and the stench from garbage dumped on the road. Despite repeated complaints, the authorities have not addressed the issue effectively. The station receives about 40 van loads of garbage daily, which often spills onto the street, causing traffic jams and unpleasant odors. Local food stalls, bus service counters, and a nearby school are severely affected. The ward councillor acknowledges the problem and mentions plans to close the station and improve waste management practices.

Traffic congestion, excessive dust near Gabtoli take a toll on passengers

20 Feb 2022  |  The Business Standard
Traffic congestion and excessive dust on the Dhaka-Aricha highway near Gabtoli severely impact commuters, causing significant delays and health concerns. Ongoing road repairs, limited bridge movement, and vehicular indiscipline exacerbate the situation. Local authorities struggle to manage the congestion and dust, with police and the Roads and Highway Department working on solutions. The situation particularly affects children and the elderly, with frequent accidents and increased travel times. A new bridge under construction is expected to alleviate some of the congestion.

Valentine’s Day sales frustrate businesses

15 Feb 2022  |  The Business Standard
Valentine's Day and the first day of Phalgun saw lower-than-expected sales across various businesses in Dhaka, including fashion outlets, hotels, restaurants, and flower shops. Despite an increase in flower prices, customer turnout remained low due to the ongoing pandemic and the absence of traditional festivals. Fashion stores and restaurants experienced mixed results, with some reporting higher sales compared to last year but still below pre-pandemic levels. High-end fashion stores and fast-food restaurants saw better performance, while overall customer activity in hotels and restaurants increased by about 50% compared to the previous year.

BBS claims sharp V-shaped recovery, economists differ

01 Feb 2022  |  The Business Standard
The Bangladesh Bureau of Statistics (BBS) reported a sharp V-shaped recovery in Bangladesh's GDP for the fiscal year 2020-21, with a growth rate of 6.94%, surpassing previous projections. This figure contrasts with the lower growth rates anticipated by international organizations like the IMF, World Bank, and ADB. Planning Minister MA Mannan and State Minister for Planning Shamsul Alam praised the growth, attributing it to progress in exports and remittances. However, economists like Ahsan H Mansur and Zahid Hossain questioned the accuracy of the BBS figures, citing inconsistencies with economic realities such as investment rates and the impact of the Delta variant of COVID-19.

Milk Vita eyes a bigger share in ice-cream market

30 Jan 2022  |  The Business Standard
Milk Vita, owned by the Bangladesh Milk Producers Cooperative Union Limited, plans to expand its ice-cream business by setting up a new factory in Madaripur, seeking Tk52.5 crore for the project. The Planning Commission has approved the proposal but requested a detailed financial analysis and reconsideration of the factory's location. The ice-cream market in Bangladesh is growing, with Milk Vita's ice-cream sales reaching Tk20 lakh in 2021. The company also aims to set up a high-capacity dairy factory and increase milk production in the project area.

Commuters suffer as repaired Gulshan street dug up again

29 Jan 2022  |  tbsnews.net
Commuters in Gulshan, Dhaka, are facing renewed difficulties as Road-35, which had been closed for development work and was recently reopened, is being dug up again due to utility duct damage. Abdul Hai, owner of Asif Infrastructure Limited, acknowledged the extended disruption and aims to complete repairs within a week. Workers criticized the use of low-quality materials, and DNCC's executive engineer mentioned a budget of Tk4.81 crore for the project with a deadline of 31 March. DNCC Mayor Md Atiqul Islam has prohibited further road excavation in the area.

IMED sends distress calls as its advice remains ignored

29 Jan 2022  |  tbsnews.net
The Implementation Monitoring and Evaluation Division (IMED) of Bangladesh has repeatedly sent recommendations to ministries and divisions regarding development project planning and implementation, which have been largely ignored for over three decades. Despite identifying issues such as lack of feasibility studies, land acquisition problems, and the need for skilled project directors, the IMED's advice has gone unheeded, leading to increased costs and delays. Development experts have called for increased IMED authority, including the ability to halt funding for non-compliance. Efforts to strengthen the IMED have been discussed, but tangible progress remains elusive.

Metro network to expand around Dhaka

25 Jan 2022  |  The Business Standard
The metro rail network in Dhaka is set to expand to adjacent districts like Narayanganj and Gazipur to alleviate traffic congestion and reduce population pressure on the capital. The first phase will prioritize these districts, with future expansions planned for Narsingdi, Munshiganj, and Manikganj. The project aims to complete a 129.90-kilometre route by 2030, with the total metro line length reaching 250 kilometres, capable of carrying 75 lakh passengers daily. The Dhaka Transport Coordination Authority and Dhaka Mass Transit Company Limited are collaborating on the project, supported by the Asian Development Bank and Japan Fund for Poverty Reduction. Experts, however, question the heavy investment in metro rail as a solution to traffic congestion, suggesting smaller investments and better management could be more effective.

Outdated footbridges are of little use in crossing streets

22 Jan 2022  |  The Business Standard
Footbridges in Dhaka are largely ineffective for pedestrians, particularly the elderly, pregnant women, and those with disabilities. Experts suggest that zebra crossings and effective traffic signal systems would better facilitate pedestrian movement. The current footbridges, many of which are occupied by hawkers and beggars, are based on outdated designs from the 1960s and 1970s. Dhaka North and South City Corporations are planning to build new footbridges with escalators and are working with the Dhaka Metropolitan Police to implement better traffic management systems. Statistics from Bangladesh Jatri Kalyan Samity highlight the dangers pedestrians face, with a significant number of road accident fatalities involving pedestrians.

Tejgaon intersection: Unceasing woes for commuters

20 Jan 2022  |  The Business Standard
Ongoing construction at the Tejgaon intersection in Dhaka has caused significant disruptions for commuters, with the project lagging behind schedule due to the pandemic and planning issues. The road, filled with potholes and construction debris, has led to severe traffic jams and dust pollution. Despite efforts to mitigate the dust by watering the road, the situation remains dire. Local residents and commuters express frustration over the prolonged construction and its impact on daily life. The Dhaka North City Corporation and Maisha Construction Limited are working towards completing the project by April.

N’ganj elections: Ivy eyes victory, Taimur calls for PM’s intervention

13 Jan 2022  |  The Business Standard
Three days before the Narayanganj City Corporation election, mayoral candidates Selina Hayat Ivy and Taimur Alam Khandaker made their final appeals. Ivy emphasized her independence from the administration and her commitment to a peaceful election, while Taimur called for the prime minister's intervention to stop alleged harassment of his supporters. SHUJAN highlighted concerns about the candidates' backgrounds, revealing that a significant number are businessmen with pending legal cases and incomplete affidavits. The Election Commission faced criticism for not providing complete candidate information, raising concerns about the election's integrity.

Nagar Paribahan service fair, but not yet known to many

03 Jan 2022  |  The Business Standard
The Nagar Paribahan bus service in Dhaka has received positive feedback from passengers for its affordability and quality, yet struggles with low awareness and operational challenges. Passengers appreciate the service's comfort and lack of overcrowding, while drivers benefit from reduced competition. However, issues such as insufficient publicity, lack of helpers, and inadequate ticketing infrastructure hinder its growth. The Dhaka Transport Coordinating Authority is addressing these problems, aiming to improve management and employee conditions. The service, part of a broader effort to rationalize bus routes, currently operates on a 27.5-km route from Ghatarchar to Kanchpur.

Nagar Paribahan service fair, but not yet known to many

03 Jan 2022  |  The Business Standard
Passengers of Dhaka Nagar Paribahan buses are satisfied with the service, but the number of passengers is lower than expected due to lack of publicity and competition from other bus services. Passengers appreciate the lower fares and better service quality, while drivers and counter staff highlight issues such as lack of helpers, mismanagement, and insufficient wages. The Dhaka Transport Coordinating Authority is monitoring the situation and plans to address these problems. The service was launched as part of a bus route rationalization initiative to improve public transport in Dhaka.

Garbage outside dumping stations exposes Dhaka people to stinking nightmare

26 Dec 2021  |  tbsnews.net
Residents of Dhaka are experiencing severe odour pollution due to mismanaged garbage transfer stations. Over 100 trash-laden vans are parked in front of these stations, causing a stench that affects locals. The city generates 5,700 tonnes of trash a day, and the waste management process is hindered by a shortage of dustcart drivers, leading to garbage overflow. Recent accidents involving dustcarts have led to stricter regulations on driver licensing, exacerbating the issue. Dhaka South City Corporation and Dhaka North City Corporation are taking initiatives to improve the situation, including adding modern features to stations and standardizing waste management.

Dhaka Nagar Paribahan starts pilot run

26 Dec 2021  |  The Business Standard
Dhaka Nagar Paribahan launched its pilot operation with 50 buses under the bus route rationalization (BRR) initiative to streamline the city's transport sector. The initiative was inaugurated by Roads, Transport and Bridges Minister Obaidul Quader, with the mayors of Dhaka North and South City Corporations in attendance. Despite the launch, transport experts expressed concerns about the initiative's success due to unresolved issues in the city's transport routes. The plan includes expanding to 42 routes and implementing an e-ticketing system. Experts suggest a comprehensive plan and compensation for affected parties to ensure sustainability.

Medium-size flats in high demand at REHAB Fair

24 Dec 2021  |  The Business Standard
Medium-size flats ranging from 1,200 to 1,600 sq ft are in high demand at the ongoing REHAB Fair at the Bangabandhu International Conference Center in Dhaka. Flats in Mohammadpur, Mirpur, Dhanmondi, and Uttara are particularly popular among visitors. Real estate companies are offering various incentives, including cash discounts and instant rewards, to attract buyers. The fair has seen a satisfactory number of visitors, although not as many as in previous years. Banks and financial institutions are providing low-interest loans and discounts on loan processing costs. The fair also features stalls from construction material companies offering discounts on their products. Commerce Minister Tipu Munshi inaugurated the event, which runs until 26 December.

Lower budget deficit mirrors slower public spending

20 Dec 2021  |  The Business Standard
Economists had urged the government to increase public spending to mitigate the economic impact of Covid-19, but the budget deficit for July-November narrowed by 28% due to insufficient health spending and other critical allocations. The Finance Division reported a slight increase in expenditure and revenue collection, but experts warn that without significant government investment in infrastructure, economic recovery will be hindered. The finance ministry's budget revisions do not include plans to boost spending, and austerity measures remain in place. Experts emphasize the need for increased public sector investment to recover from the pandemic's economic effects.

Young farmers take interest in high-yield crops

15 Dec 2021  |  The Business Standard
Young farmers in Bangladesh, like Tasarul Islam and Bipul Mandal, have significantly increased their income by shifting from traditional crops to high-yield and high-value crops, thanks to training and support from the Second Crop Diversification Project implemented by the Department of Agricultural Extension and funded by the Asian Development Bank. The project, which ran from 2010 to 2017, trained 3.25 lakh farmers and led to a substantial increase in cultivated land and farmer income. Despite challenges such as high loan interest rates and marketing inefficiencies, the project has been successful in reducing post-harvest losses and promoting year-round high-value crop production.

Low income, low expenditure budget again

15 Dec 2021  |  The Business Standard
The finance ministry of Bangladesh is targeting a 12% growth in revenue generation for the National Board of Revenue (NBR) in the next fiscal year's budget, aiming to collect Tk3,70,000 crore, which is 8.5% of GDP. The budget size for FY23 is estimated at Tk675,139 crore, 15.5% of GDP, and nearly 12% higher than the current fiscal year. Economists express concerns over the feasibility of achieving the revenue targets and emphasize the need for tax system reforms. The budget aims to balance revenue collection with increased expenditure on education, health, and social safety. The finance ministry also projects a 7.5% GDP growth for the next year, contingent on the stability of the Covid-19 situation. The article discusses the challenges of maintaining the budget deficit, the need for investment, and the importance of proper allocation and implementation of funds in priority sectors.

Flags, paintings on cheeks: A way to awaken patriotism in people

14 Dec 2021  |  The Business Standard
In December, the month of Bangladesh's victory, individuals like Ali Azgor and Rafiqul Islam sell national flags and bands to awaken patriotism among people. Despite the pandemic, they continue this tradition out of a sense of national pride. Md Jitu Ahmed paints flags and slogans on people's cheeks, also driven by patriotism. These activities aim to remind people of the country's liberation from Pakistani occupation and instill a sense of national responsibility in the younger generation.

City corps struggle with waste management for driver shortage

08 Dec 2021  |  The Business Standard
Dhaka's waste management system is in disarray due to a shortage of licensed drivers and a ban on daytime garbage truck operations following fatal accidents. Dhaka South and North City Corporations are struggling to manage waste collection, with many vehicles lacking fitness certificates and a significant number of drivers operating without licenses. Efforts are underway to recruit new drivers and improve the situation, but the current crisis has led to garbage piling up in various parts of the city, causing inconvenience and health hazards for residents.

Nokia launches ‘Made in Bangladesh’ smartphones

25 Nov 2021  |  The Business Standard
Nokia has launched two smartphone models, G10 and G20, assembled in its new factory in Kaliakair, Gazipur, Bangladesh. The launch marks a significant milestone for HMD Global Bangladesh and its partner Union Group. The locally produced smartphones will be 30% cheaper than imported ones, and the factory will initially produce 300 units per day. The G10 and G20 models feature a three-day battery life and run on Android 11. The move adds Nokia to the list of 13 mobile brands manufacturing in Bangladesh, which caters to 85% of local smartphone production and 55% of demand.

Govt contractors seek price revision as construction costs hit ceiling

23 Nov 2021  |  The Business Standard
In Bangladesh, soaring prices of construction materials have led to increased costs for ongoing development projects, potentially affecting their completion. Contractors are demanding a revision of the government rate schedule to align with current market prices. The LGED Contractors Association in Chattogram has threatened to halt projects if adjustments are not made. The government is considering a unified rate schedule to address the issue. Key projects like the Padma Bridge Rail Link and Elenga-Hatikamrul-Rangpur Road may be impacted. Contractors warn that without rate adjustments, work may stop, affecting thousands of crores worth of projects.

Production was already costly, fuel price hike a fresh blow

20 Nov 2021  |  tbsnews.net
Local production costs in Bangladesh's apparel industry sub-sectors rose by 1%-58% in fiscal 2020-21, with the recent fuel price hike expected to exacerbate the situation. The Bangladesh Bureau of Statistics reports increased costs across various manufacturing sectors, with the tannery and finished leather production seeing the highest increase. Industry leaders attribute the rise to global raw material price surges, shipping costs, and pandemic-related operational challenges. Market prices of products, including construction materials, edible oil, and daily necessities, have sharply increased, outpacing production cost rises. The fuel price hike is anticipated to further inflate production and marketing costs, leading to higher consumer prices.

Excessive fares throws public transportation into chaos

10 Nov 2021  |  The Business Standard
Bus operators in Dhaka, including CNG-run buses, are charging exorbitant fares despite a recent 27% fare hike, with some routes seeing fares doubled. The Bangladesh Road Transport Authority (BRTA) is conducting mobile courts to enforce fixed fares, but with limited success. The Bangladesh Road Transport Owners Association (BRTOA) and the Bangladesh Road Transport Workers Federation held a press briefing warning against overcharging. Eleven vigilance teams will monitor fares in Dhaka, and seating service and gate-lock service will be abolished. Commuters are facing overcharges and mistreatment, with the government-run Bangladesh Road Transport Corporation (BRTC) also implicated. BRTA is taking action with joint drives to stop overcharging.

A lofty river plan to make Dhaka livable again

08 Nov 2021  |  tbsnews.net
The Bangladeshi government is developing an integrated master plan to revitalize Dhaka by connecting five rivers to the Jamuna River, relocating polluting industries, constructing circular road and rail routes, and establishing a green belt. The plan aims to improve traffic management and environmental protection. All government agencies, including Dhaka WASA and BIWTA, will collaborate under a unified approach with World Bank support and public-private investment. The plan includes shifting industries to special economic zones, building effluent treatment plants, and restoring groundwater resources. However, concerns about project duplication, mismanagement, and financial waste have been raised by high-level officials. A detailed survey will be conducted to assess the viability of a sustainable transport system centered on the rivers, and ongoing projects may be halted until the master plan is finalized.

Oil price hike also to fund BPC’s flats, office block

08 Nov 2021  |  The Business Standard
The Bangladesh Petroleum Corporation (BPC) is funding several residential and office building projects in Dhaka and Chattogram, costing a total of Tk317 crore, through a recent 23% hike in diesel and kerosene prices. The Energy and Mineral Resources Division justifies the price hike as necessary for ensuring energy security, but experts and the Planning Commission disagree, labeling the projects as luxurious and unrelated to energy security. The BPC's chairman, ABM Azad, defends the projects, stating they are essential for smooth operations and revenue generation. Critics, including the Consumer Association of Bangladesh, argue that raising fuel prices for such projects is unjustified and have called for a financial statement from the BPC.

Roadmap to $5 billion IT exports by 2025

20 Oct 2021  |  The Business Standard
The government of Bangladesh is developing a roadmap to increase IT export earnings from $1 billion to $5 billion by 2025, while also aiming to boost the domestic ICT market to $5 billion. The plan focuses on enhancing local digital device manufacturing, promoting 'Made in Bangladesh' products internationally, and creating significant employment opportunities. The roadmap involves multiple government ministries and private institutions, emphasizing capacity building, quality improvement, and international market penetration. Experts support the initiative but stress the need for value addition and better coordination among stakeholders.
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