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July 3, 2023

Tea prices snap 9-weeks losing streak

Bangladeshi tea fetched an average of 118.81 taka ($1.50) per kg at the auction, up from 109.66 taka at the previous week’s sale, when prices fell around 20 percent, an official from National Brokers Limited said. More than 2 million kg was offered at the auction centre in Chittagong, and almost 60 percent remained unsold. At the previous auction, 2.4 million kg was offered, of which nearly 62 percent went unsold. “There was good demand for quality tea, which is in short supply,” the official said. tea Buyers were reluctant to buy end-of-season tea that tends to be of poor quality, he added. The auction season, typic...

India lagged behind Bangladesh, says Jean Dreze

Development economist Jean Dreze Tuesday expressed concern over India’s tardy economic growth, which lagged behind neighbours like Nepal and Bangladesh in vital sectors. Dreze was delivering the ninth I.G. Khan Memorial Lecture on “Hunger and the Indian Enigma” at the Kennedy Auditorium of Aligarh Muslim University. bd-indiaReferring to the economic growth in south Asia, he said India lagged behind its neighbours “in education, health and food and availability of medicine to the people despite the country’s economic viability in terms of GDP growth”. ...

HRW asks to find killers of labor activist

The Bangladeshi government should publicly explain what efforts have been made to investigate the abduction, torture, and killing of the labor rights activist Aminul Islam two years ago, including alleged links to state officials, Human Rights Watch (HRW) said today. While police have filed charges against a missing suspect, there have been no apparent efforts to investigate allegations that members of Bangladeshi security forces were part of the conspiracy to kill the labor activist. HRW Islam, 39, was a trade union organ...

BRAC USA initiates Bangladesh humanitarian fund

The North American branch of Bangladesh-based nongovernmental antipoverty organization BRAC, formerly the Bangladesh Rural Advancement Committee — has launched a multi-year fundraising initiative to ensure continued progress on humanitarian aid and support for workers in Bangladesh’s ready-made garment industry. The initiative comes nearly one year after the RanaPlaza building collapse on April 24, 2013, which claimed the lives of more than 1,100 Bangladeshi garment workers. brac The Bangladesh Humanitarian Fun...

Climate change responses to shape Asia’s future

Challenges such as extreme weather, rising seas and worsening scarcity of drinking water are forcing many Asian governments to confront the changes being wrought by a warming planet even as some point to rich Western nations as major culprits. Millions of people in the region have already been displaced by floods and droughts thought related to global warming, a United Nations scientific panel said in a report meant to guide policymakers and form the foundation for a new climate treaty due next year. climateExperts say Asia and the South Pa...

UCB donates to Proyash school

United Commercial Bank Limited (UCB) handed over a donation cheque for Taka 25,00,000/- (Taka Twenty Five Lac only) to ‘Proyash’, a school for especially abled Children operated by 9th Infantry Division, Savar Cantonment on Wednesday. IMG_4719Mr. Md. Jahangir Alam Khan, honourable director of UCB handed over the check to Begum Farzana Nigar, patron of Proyash Savar Area. Among others, honourable Director of UCB Mr. Md. Tanvir Khan, honourable Additional Managing Director of UCB Mr. Mirza Mahmud Rafiq...
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