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Police stand guard at the Dhaka Export Processing Zone as workers turn violent again on Saturday to press home their demands including pay hike.
— New Age photo
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Garment units at DEPZ shut as violence
escalates
100 injured in clashes, ministers booed
Owners of garment factories located at the Dhaka Export Processing Zone declared suspension of work at the apparel manufacturing units in and around the zone amid escalating labour unrest which left at least 100 people injured on Saturday...[ + ]
Tax on SIM likely
to go up, zero tariff
for mobile sets
The upcoming budget is likely to increase the tax on mobile subscriber identification module (SIM) from the present Tk 900 to Tk 1,200, sources in the finance ministry have told New Age...[ + ]
Experts call for more allocation for agriculture
Budgetary allocation for agriculture should be raised up to the level of its contribution to the gross domestic product; otherwise, agricultural output would face a setback in near future, agriculturists and economists warn...[ + ]
Manpower crisis severely affecting prison admin
840 important posts vacant for years
in over-crowded jails
Though shortage of manpower at different tiers of the Prison Directorate is severely affecting the administration of the country’s prisons, the government is yet to take any effective steps to minimise the crisis...[ + ]
Other Headlines
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PM orders steps to resolve RMG deadlock
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Situation at DEPZ out of control, investors say
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Owners urged to accept workers’ demands
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597 foreigners in Ctg jails cost govt Tk 75 lakh a year
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Demos in favour of Saifur paralyse Moulvibazar
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Service rules on judiciary separation in a day or two
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35 rebels killed in fresh Afghan unrest
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Economy shows signs of slowdown: CPD
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AL out to split 4-party alliance: Nizami
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2 arrested in UK are Bangladeshis
Growth estimation under question
A local think-tank has questioned the official estimation of the country’s growth in gross domestic product and other economic indicators, pointing out certain weaknesses in the national income accounting process. In an analysis on the state of Bangladesh economy in 2005-06 and outlook for 2006-07 fiscal, the Centre for Policy Dialogue nullified the GDP calculation methodology and referred to discrepancies between revised and preliminary estimates as well as non-availability of figures on employment, investment and industrial production...[ + ]
CAB demands consumer-friendly budget
Consumer rights activists on Saturday demanded a consumer-friendly budget instead of a politically influenced one for the fiscal 2006-07 focusing on citizens’ real interests...[ + ]
Other Headlines
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Canadian envoy wants Dhaka to make best use of duty-free market access
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FTA with Bangladesh carries certain fears: KCCI chief
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Yahoo drops CEO salary to $1
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Malaysians eager to invest in Bangladesh
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Akij Bidi factory closed
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Afghan budget passed
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African economic forum spins optimistic outlook
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NYSE offers $10b for Euronext
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Mittal bid for Arcelor conditionally okayed
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Japan, Vietnam to launch free trade talks
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Emaar acquires US property developer John Laing
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French deficit set to breach limit
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Two Koreas to talk economy
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Metals lose shine, oil steadies
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Dollar stunned by weak US jobs report
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Wall Street mixed after weak jobs report
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