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Economics

Intentional or not, a loan defaulter remains loan defaulter

Bank

Intentional or not, a loan defaulter remains loan defaulter

Banking plays an extremely crucial role in the economic development of any country. Particularly in Bangladesh, where the capital market is relatively weak, the significance of banking accounts for a substantial portion of the nation's economy. Entrepreneurs in Bangladesh often need to approach banks primarily to meet the financial requirements for establishing industries, factories, and business establishments.

Intentional or not, a loan defaulter remains loan defaulter

State and Politics

Those who play recklessly with life, bring them under purview of punishment
Those who play recklessly with life, bring them under purview of punishment

State and Politics

Those who play recklessly with life, bring them under purview of punishment

On February 29th, a tragic fire incident at a building (Green Cozy Cottage) on Bailey Road in the capital resulted in the loss of nearly fifty lives. This tragic incident of the fire has deeply saddened and affected every conscientious individual in the country. Such incidents of tragic fires are never acceptable in any way. Certainly, it is true that fire incidents, one of the most significant and widespread disasters, are not new in the bustling capital of Dhaka. Occasionally, we find ourselves as witnesses to such tragic accidents. When a fire or any similar accident occurs in a place, there is often a flurry of activities and discussions for a few days. Investigative committees are formed, and the matter is pressed. Perhaps another incident occurs, and the memory of the previous one fades from our minds.

Who set fire to Bailey Road?
Who set fire to Bailey Road?

Politics and Bureaucracy

Who set fire to Bailey Road?

Leap Year, which occurs every four years with February having 29 days, is marked by a deeply sorrowful, tragic, and painful incident. On this day, a terrifying fire engulfed a building on Bailey Road in the capital city, claiming the lives of nearly half a hundred people.

Aaron Bushnell's Suicide: A Call to Conscience and Collective Responsibility
Aaron Bushnell's Suicide: A Call to Conscience and Collective Responsibility

Diplomacy

Aaron Bushnell's Suicide: A Call to Conscience and Collective Responsibility

Aaron Bushnell, a member of the US Air Force, tragically ended his life by self-immolation in front of the Israeli embassy in Washington. His act was a stark protest against the unyielding support provided by the US to the ongoing violence inflicted by the Israeli military in Gaza. At just twenty-five years old, Bushnell's premature death serves as a poignant statement against this support. As flames engulfed his body, his cries rang out: 'Free Palestine, Free Palestine.' I watched the video of his suicide only once.

Lingering Effects Expected to Persist for Years
Lingering Effects Expected to Persist for Years

Diplomacy

Lingering Effects Expected to Persist for Years

February 24 marks the two-year anniversary of the Russia-Ukraine war, which commenced on February 24, 2022. Observers suggest that neither side has been able to secure a decisive victory thus far, and the prospect of either side emerging triumphant in the future appears bleak. It is possible that at some juncture, this conflict may cease, or both nations may opt for a ceasefire. The global community, espousing peace, eagerly awaits such a momentous occasion. However, regardless of when this war concludes, its repercussions are bound to endure for an extended period. Initially, Ukraine may have anticipated direct involvement from the United States and its NATO allies, which could have swiftly shifted the course of the conflict in Ukraine's favor.

Ukraine: Two years in the web of trust and mistrust amid war
Ukraine: Two years in the web of trust and mistrust amid war

Diplomacy

Ukraine: Two years in the web of trust and mistrust amid war

Two years ago, Russia began a full-scale invasion of neighboring Ukraine. This war is still ongoing. Russian President Vladimir Putin still believes he can win the Ukraine war. Western analysts have been discussing this in a new assessment of the conflict. In the two years of the Ukraine war, more than five million people have been displaced. Western analysts say that Putin's efforts to defeat Ukraine and expand dominance in Ukraine are still ongoing. Rather, compared to a year ago, Putin is now significantly more optimistic about this war victory. Behind Putin's optimism lies the failure of the United States' $60 billion military aid bill for Ukraine, limited success on the battlefield, and recent incursions into Ukraine's strategically important eastern city of Avdiivka. After taking control of Avdiivka, Putin directed his defense minister to launch further attacks.

Pakistan's election with predetermined results
Pakistan's election with predetermined results

Politics and Bureaucracy

Pakistan's election with predetermined results

Hafiz Naeem ur Rahman, a candidate of Pakistan's Jamaat-e-Islami party, has won a seat in the local legislature of Karachi city but has announced his resignation from the seat. According to his account, the candidate supported by Imran Khan's PTI received significantly more votes than him. He secured 26,000 votes, while his rival, an independent candidate supported by the PTI, Saif Bari, received 31,000 votes.

Industry

Exploring Alternative Fuels: A Path to Economic Stability Without Price Hikes
Exploring Alternative Fuels: A Path to Economic Stability Without Price Hikes

Power and Energy

by Anu Muhammad

Sun, 3 Mar 24

Exploring Alternative Fuels: A Path to Economic Stability Without Price Hikes

The current economic crisis and mounting stress in Bangladesh are deeply concerning. A significant portion of the population, particularly the lower middle class and impoverished communities, are experiencing stagnant income levels while facing a surge in expenditures. Balancing income with expenses has become increasingly challenging. Since the onset of the pandemic, there has been a noticeable escalation in the prices of essential goods. This trend has been exacerbated by fluctuations in international fuel prices. While global fuel prices have experienced a decrease, this reduction has not been reflected in the local market, leading to a disproportionate burden on consumers across various sectors.

Why the price of fuel and electricity increased ahead of Ramadan!
Why the price of fuel and electricity increased ahead of Ramadan!

Power and Energy

Why the price of fuel and electricity increased ahead of Ramadan!

In various countries around the world, discounts are often offered on goods before Ramadan. However, the opposite scenario is observed in our country. Such incidents have deeply concerned us. It is assumed that this time around, we will witness a normal scenario where prices of goods will follow the usual trend. Furthermore, the increase in electricity and fuel prices will exacerbate inflationary pressures. The electricity and fuel sector authorities have announced that starting from March, there will be an increase in the prices of electricity and fuel. Now the question arises, why did such measures need to be taken just before Ramadan?

BTRC chairman attends Mobile World Congress
BTRC chairman attends Mobile World Congress

Telecom

by VB Desk

Wed, 28 Feb 24

BTRC chairman attends Mobile World Congress

Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman engineer Md Mohiuddin Ahmed is attending the Mobile World Congress-2024 (MWC), the largest international exhibition of the telecommunication sector, being held in the Spanish city of Barcelona.

International

Hamas says truce agreement with Israel possible within 24-48 hours

Hamas says truce agreement with Israel possible within 24-48 hours

Thousands of Israeli tanks amassed at Gaza border

A truce agreement in the Israeli-Palestinian conflict may be reached within a 24-48 hours period if Israel accepts the demands of the radical Palestinian movement Hamas, a spokesman for the movement told the AFP news agency on Sunday.

Special Content

Conspirators must be held accountable for their actions
Conspirators must be held accountable for their actions

Conspirators must be held accountable for their actions

One of the major obstacles on the path to realizing the true essence of "Sonar Bangla" (Golden Bengal) is posed by conspirators, corrupt elements, smugglers, plunderers, and miscreants. This class of individuals has consistently woven a web of deceit around the country, misleading its people and attempting to establish falsehoods in the face of truth. Through their schemes, they aim to portray Bangladesh as an ineffective and unstable state, striving to legitimize falsehoods amidst reality. These conspirators, whenever they find an opportunity, exploit it for their gain, either financially enriching themselves or maneuvering their way into positions of power. It must also be acknowledged that there are some individuals in Bangladesh who directly or indirectly support them.

National

Economics

Intentional or not, a loan defaulter remains loan defaulter
Intentional or not, a loan defaulter remains loan defaulter

Intentional or not, a loan defaulter remains loan defaulter

Banking plays an extremely crucial role in the economic development of any country. Particularly in Bangladesh, where the capital market is relatively weak, the significance of banking accounts for a substantial portion of the nation's economy. Entrepreneurs in Bangladesh often need to approach banks primarily to meet the financial requirements for establishing industries, factories, and business establishments.

Promotion

UCB offers Early Enrollment Grant at London School of Economics’ degree in Dhaka

UCB offers Early Enrollment Grant at London School of Economics’ degree in Dhaka

UCB offers Early Enrollment Grant at London School of Economics’ degree in Dhaka

The country’s pioneering international education provider Universal College Bangladesh (UCB) has announced an “Early Enrollment Grant” for Bangladeshi students willing to pursue Bachelor’s degree under the London School of Economics (LSE), staying in Dhaka! If awarded the grant, the students will save Approx. Taka 475,000 equivalent to GBP 3,395 in three years of the programme.

PepsiCo launches new soft drink ‘Sting’

PepsiCo launches new soft drink ‘Sting’

PepsiCo launches new soft drink ‘Sting’

PepsiCo, a multinational food, snack, and beverage company, is going to expand its beverage offerings in Bangladesh with the introduction of Sting, a new carbonated soft drink brand.

Diplomacy

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