Search Results for: Bangladesh
10 results out of 631 results found for 'Bangladesh'.
The parsimony of rich governments starves the world’s poor
By Alan Osborn, International News Services
Nature has dealt a string of savage blows to the world’s hungry and poor over the past year or so but just when we might have hoped for rich countries and individuals to help out by digging a bit deeper into their pockets, along comes the economic recession. The crunch may or may not have imposed genuine limits on the cash available to alleviate drought and famine but it has certainly given cautious people a wonderful excuse for doing less, especially after the record food aid donations of 2008.
In fact there’s been a succession of crop-destroying droughts, typhoons, floods and earthquakes in Africa and south-east Asia this year at the very time that needs are greater because of the rise in unemployment and the fall in remittances to home countries from nationals working abroad.…
BANGLADESH KNITWEAR COMPANIES TO RECEIVE ADDITIONAL GOVERNMENT HELP
BY RAGHAVENDRA VERMA
BANGLADESH knitwear companies such as Ambia Fashion Wear and Knitex International are looking forward to further relief following their government’s announcement last week of a second economic stimulus package within one year. It will funnel US$150 million to Bangladeshi export industries – mainly in the knitwear, garments and textiles sector – through direct export subsidies, fiscal policy support and assistance to lower input costs.…
India will be test-bed for emerging market countries fighting Maoist insurgencies
By Raghavendra Verma, in New Delhi
India is the latest example of a country struggling against a Maoist insurgency fuelled by rural inequality, showing how emerging market governments worldwide risk harbouring violent rebel groups while promoting economic development.
In Peru, the notorious Maoist guerrilla group ‘The Shining Path’ continue operations, funded by the illicit drug trade, after a major insurgency in the 1980s and 1990s failed to achieve its political ends. In Nepal, an armed insurgency was successful, ending with a peace accord in 2006, its Communist Party of Nepal (Unified-Maoist) (CPN-UM) joining the country’s parliament and briefly leading its government.…
India will be test-bed for emerging market countries fighting Maoist insurgencies
By Raghavendra Verma, in New Delhi
India is the latest example of a country struggling against a Maoist insurgency fuelled by rural inequality, showing how emerging market governments worldwide risk harbouring violent rebel groups while promoting economic development.
In Peru, the notorious Maoist guerrilla group ‘The Shining Path’ continue operations, funded by the illicit drug trade, after a major insurgency in the 1980s and 1990s failed to achieve its political ends. In Nepal, an armed insurgency was successful, ending with a peace accord in 2006, its Communist Party of Nepal (Unified-Maoist) (CPN-UM) joining the country’s parliament and briefly leading its government.
Other Maoist groups continue to operate in pockets worldwide, for instance in The Philippines, Bangladesh, Bhutan and Sri Lanka. But it is maybe in India where the phenomena has most prominence today. The Indian government, for its part, has identified the Maoist insurgency as a leading domestic security concern and it is unclear how this insurgency will end.…
BANGLADESHI KNITWEAR WORKERS DEMAND HIGHER WAGES
BY RAGHAVENDRA VERMA
STREET protests are wracking Bangladesh’s urban centres as its 2.5 million knitwear and garment workers protest against closure of factories and demand a raise in their minimum hourly wages from US$0.11 to US$0.35. Last week, (October 31) four people including a policewoman were killed and over 100 injured in clashes with police at Tongi, 20 km north of capital Dhaka.…
DEMAND FOR BAN ON SOUTH ASIAN COTTON EXPORTS
BY RAGHAVENDRA VERMA
AN INDIAN textile mills federation is demanding an immediate ban on cotton exports as weak production in the country is leading to a "grave situation" for industry supplies. The Southern India Mill Association says a delayed monsoon and heavy floods in many cotton growing areas may lead to a 10% lower output in the world’s second largest producer of cotton.…
LATEST STATE OF PLAY IN BANGLADESH'S LONG STALLED INSTALLATION OF NUCLEAR POWER
BY MARK GODFREY
THE NUCLEAR power authorities of Bangladesh deny they have reached terms with Russia’s Rosatom atomic energy corporation, despite Russian claims that it had secured the deal to build Bangladesh’s long-planned nuclear plant. Mohammed Muzammel Haque, chief engineer at the Bangladesh Atomic Energy Commission (BAEC), claims Bangladesh has opted to build a 1,100 MW plant.…
HUGUETTE LABELLE SAYS FIGHTING CORRUPTION TAKES TENACITY AND CLARITY OF PURPOSE
BY KEITH NUTHALL
CORRUPTION begets fraud and fraud begets corruption, and there are few harder crimes to tackle than complex frauds rooted in institutionalised and culturally tolerated corruption. As a result, the work of international organisation Transparency International has been key in fighting fraud worldwide, especially that linked to corruption.…
BANGLADESH AUTO SALES LEVEL OFF BUT EXPECTED TO REBOUND
BY MARK GODFREY
AUTOMOBILE sales are down slightly this year in Bangladesh, after a decade of dramatic growth in vehicle ownership. Fluctuating orders for the country’s export-dependent garments industry is depressing sales of vehicles, commented Shah Khaled Pavel, assistant manager for sales at Navana Ltd, Bangladesh’s largest dealership for new Toyota cars.…
INDIA'S PERSONAL CARE SECTOR THRIVES DESPITE THE RECESSION
BY RAGHAVENDRA VERMA
INDIA’S cosmetics industry appears to have taken the international economic downturn in its stride as the US$950 million market grew by more than 15% in 2008-09, according to the Confederation of Indian Industries (CII).
All the major brands speaking to Soap Perfumery & Cosmetics are registering a positive growth and companies remain confident about the future prospects.…