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Latest Topics on Economics
Utilising academic research for growth in the real economy
By Shaheed Khan
- Last updated on : 12/11/2014

By  SYED MEHDI MOMIN Monday, 03 November 2014 Generally accepted that there is a serious dearth of research in both the public and private universities in Bangladesh. Just to give the readers one example the Institute of Education and Research (IER) of Dhaka University has failed to conduct any major research in the education sector in the last six years. The last major research work was conducted in 2006-07. In most discussions on the issue lack of adequate funding and proper facilities

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Captial account liberation in Bangladsh
By Shaheed Khan
- Last updated on : 06/05/2014

In theory, capital account liberalisation should allow more efficient global allocation of capital, from capital-rich industrial countries to capital-poor developing economies. This should yield widespread benefits. It will provide a higher rate of return on people savings in industrialised countries and increasing growth, employment opportunities and living standards in developing countries. Capital account liberalisation promotes a more efficient allocation of capital, which enhances growth.

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OUR MAN-POWER EXPORT: REMITTANCE ABOUT $14 BILLION
By Shaheed Khan
- Last updated on : 23/03/2014

OUR MAN-POWER EXPORT: REMITTANCE ABOUT $14 BILLION By F R Chowdhury In the early days of independence our import used to be three to four times higher than our exports. This was an alarming situation. It could not go on like that. We knew Bangladesh had the potentials and that it would find new avenues to eventually balance the situation. Since then Bangladesh made remarkable progress in quite a number of areas. Bangladesh now occupies the number two position globally in export of ready-

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Grameen Bank: A national asset to care about
By Shaheed Khan
- Last updated on : 23/03/2014

  Grameen Bank: A national asset to care about By  Dr. Mohammed Farashuddin Nobel Prize winners Grameen Bank and Professor Dr. Muhammad Yunus are on the focus again. At times there are unfortunate tendency to mix up the person Dr. Yunus with the great institution Grameen Bank he founded. It is also regrettable that discussions about Dr. Yunus are emotion soaked, one sided and generating more heat than light. Media trial is usually one sided. When the exciting and potentially rich

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How Britain's curry-house kings are going back to poverty-stricken Bangladesh - to build pilau palaces
By Shaheed Khan
- Last updated on : 28/02/2014

 ï»¿How Britain's curry-house kings are going back to poverty-stricken Bangladesh - to build pilau palaces By Paul Harris UPDATED: 21:33, 14 April 2008 All along the dusty streets, children play naked in the baking sun and beg for coins from passers-by. Stray dogs fight over scraps while cows wander among the impoverished shacks. But a short walk away, luxury vehicles gleam in the driveways of magnificent mansions. The buildings rise elegantly above the palm trees, their marble s

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Bangladesh factory owners to face homicide charges
By Shaheed Khan
- Last updated on : 22/01/2014

Bangladesh factory owners to face homicide charges Originally published December 31, 2013 at 6:38 AM | Page modified December 31, 2013 at 9:09 AM A Bangladesh court on Tuesday issued arrest warrants for two garment factory owners and four of their employees on homicide charges for the deaths of 112 workers in a fire that engulfed the factory in 2012.   By JULHAS ALAM Associated Press   DHAKA, Bangladesh — A Bangladesh court on Tuesday issued arrest warrants for two garm

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Bangladeshi economy: Inclusive finance key to real growth
By Shaheed Khan
- Last updated on : 22/01/2014

BAngladeshi economy: Inclusive finance key ot real growth The Bangladesh economy is on course for sustainable growth, spurred by socially inclusive financing practices   The Bangladeshi economy has been undergoing real GDP growth of more than six percent on average for more than 12 years now (see Fig. 1), despite ups-and-downs in the global economy: notably, the global financial crisis and the subsequent growth slowdown, and inflation being contained within single digit levels (see Fig

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Coca-Cola reaffirms $50m pledge for Bangladesh
By Shaheed Khan
- Last updated on : 22/01/2014

Coca-Cola reaffirms $50m pledge for Bangladesh Md Fazlur Rahman Beverage giant Coca-Cola reiterated its plan to invest $50 million in Bangladesh to leverage the huge growth potential.
"The investment is part of Coca-Cola's plan to double the servings and revenues of the company by 2020," said Venkatesh Kini, deputy president of Coca-Cola for India and South West Asia.
The Atlanta-based firm plans to build manufacturing capability, install cooling equipment and expand rural reach, togethe

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Did the Bangladesh factory disaster change the way we shop?
By Shaheed Khan
- Last updated on : 22/01/2014

 Did the Bangladesh factory disaster change the way we shop? Lauren La Rose, Canadian Press | December 27, 2013 5:53 PM ET   More than 1,100 people died in the April 24 tragedy at the illegally constructed Rana Plaza. Items created for Canadian label Joe Fresh were among those manufactured on-site, but a number of other clothing makers were also housed in the complex. (UZ ZAMAN/AFP/Getty Images) TORONTO — The world’s worst garment industry accident had ripple effects beyond Bangladesh in 2013, as the fatal building collapse turned a lens on poor conditions endured by workers and brought fresh focus to production practices used to create affordable goods. More than 1,100 people died in the April 24 tragedy at the illegally constructed Rana Plaza. Items

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News
Shahena died after 'punishment' by members of her family
News by Shaheed Khan
- Last updated on : 23/03/2016

Shahena Uddin, found dead at her home last year had “suffered a regime of brutality and extreme punishment” at the hands of her family for years, a court heard today. The body of Shahena Uddin was found in the bathroom of her house in Leavesden Road, Watford, by paramedics shortly before 9.30am on Saturday, October 11, 2014, after a brother called 999. The 19-year-old student’s legal guardians, her oldest brother Suhail Uddin and his wife Salma Begum, appeared at St Alba

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Shelim Hussain MBE Wins London & South Entrepreneur of the Year Award
News by Shaheed Khan
- Last updated on : 23/03/2016

Shelim Hussain MBE, owner of the Euro Foods Group and Founder of Kukd.com won the EY London & South Entrepreneur of the Year Award 2015 last night at a ceremony at the Tate Modern.  Shelim Hussain MBE is a Bangladeshi-born British entrepreneur. He has worked in restaurants since the age of 11 and started the Euro Foods Group at the age of 17 with a £20 investment. Euro Foods Group is now a leading international manufacturer and distributor of frozen and fresh foods, with a UK tur

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Seamark’s Iqbal Ahmed wins Business Person of the Year in 2015
News by Shaheed Khan
- Last updated on : 23/03/2016

The global success of the Seamark organisation was recognised once again when its CEO and Chairman Iqbal Ahmed OBE won Business Person of the Year in the prestigious Asian Achievers Awards on Friday, 18th September, at the London’s Grosvenor House Hotel, Park Lane Mayfair. Before a star-studded audience, Iqbal Ahmed was presented with his coveted award by the chairman of the judging panel, Sir Vince Cable, former Secretary of State for Business, Innovation and Skills. Other  jud

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Bangladeshi Faith Healer murdered in Whitechapel
News by Shaheed Khan
- Last updated on : 23/03/2016

A faith healer was stabbed to death at a business centre in East London. Father-of-three Zakariya Islam was killed at the Ruqya Therapy Centre’s based in Whitechapel. Police and paramedics rushed to the scene and found the married 46-year-old Islamic healer suffering critical injuries. Despite desperate attempts he could not be saved and was pronounced dead a short time later. A 43-year-old man was arrested at the scene on suspicion of murder. He was treated in hospital for hand i

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Greater Lamakazi Welfare Association celebrates its 10 year anniversary
News by Shaheed Khan
- Last updated on : 23/03/2016

Greater Lamakazi Welfare Association celebrated its 10 year anniversary and fund raising dinner party at White House venue in East London on 29th October vibrantly in the presence of huge number of non-residence-bangladeshis. Community leaders and members enjoyed the whole event throughout which was present by a group of new generation young people. Najia Yasmin Miah and Jeba Mohammod jointly presented the event and organisation’s General Secretary Abdus Salam took care of everything.&nb

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Biman signs agreement with London Bangla Press Club
News by Shaheed Khan
- Last updated on : 23/03/2016

Biman Bangladesh Airlines and London Bangla Press Club have completed the signing of corporate agreement between them.  General Manager of Biman Bangladesh Airlines Mohammod Shafiqul Islam signed on behalf of his organisation while the President of LBPC Nabab Uddin represented London Bangla Press Club.  The co-signatories of this agreement were Reservation and Ticketing officer of Biman Mansur Ali Tuhin and Genreal Secretary of London Bangla Press Club Emdadul Haque Chowdhury. As a re

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BCA Essex Region decides to sigh agreement with Learn Direct
News by Shaheed Khan
- Last updated on : 23/03/2016

BCA leader called upon all caterers to maintain the highest quality, presentation and realistic pricing of their products.  The leaders requested this to all curry industry owners in a executive committee meeting held in Colchester on Thursday 8th October which was organised by Bangladesh Caterers Association Essex branch. President of Essex BCA and UK BCCI London President Jamal Uddin Moqoddus presided over the meeting and General Secretary Forhad Hossain Tipu.  Membership Secretary

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Celebrating the best of the British Bangladeshi community
News by Shaheed Khan
- Last updated on : 23/03/2016

The Bangla Mirror Group, publishers of the British Bangladeshi Who’s Who publication, held a press conference on Thursday 22nd October 2015 at the London Muslim Centre, to announce the launch of the much anticipated 2015 publication. The official launch of the British Bangladeshi Who’s Who 2015 publication and award is being held in the prestigiousMeridian Grand venue on Thursday 5th November 2015.Many high profile dignitaries, celebrities and guests are expected to attend. The fir

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Barrister Nadia Choudhury accuses BNP and Jamat for the attack on Shamsuddin Manik
News by Shaheed Khan
- Last updated on : 23/03/2016

A press conference was held in protest of the attack on former Supreme Court Judge A H M Shamsuddin Chowdhury Manik, which took place on 21st October in a Puja Celebration in Bethnal Green.  Some unidentified men assaulted the ex-judge when he and his daughter were leaving the York Hall in Bethnal Green after visiting a Durga Puja Mandap there. In a press conference held on 26th October at Monte fiore Center, Barrister Nadia Chowdhury read out a written statement to the journalists and co

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Bangladeshi migrants get less for lack of language skill
News by Shaheed Khan
- Last updated on : 23/03/2016

Bangladesh’s migrant workers toil in foreign lands for longer hours compared to peers from other countries, but they earn much less as they lack skills and face a language barrier, depriving themselves of a better future and the country of remittance. Experts on Wednesday called on the government to equip aspirant migrant workers with the right set of skills and languages before they depart for jobs, so they can earn more and protect themselves from exploitation. Syed Manzur Elahi, a for

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