The Daily Star

Your Right To Know
Thursday, August 28, 2014


News of: Friday, 19th of October, 2007

Front Page

EC pours cold water on Bhuiyan's plea

The Election Commission (EC) has decided to invite the new BNP secretary general to the ongoing talks on electoral reforms, rejecting Abdul Mannan Bhuiyan-led pro-reform group's claim that they represent the mainstream BNP.

Dhaka to ask Delhi to turn in criminals in hiding

Bangladesh will request India at the second annual meeting of the Saarc home ministers in New Delhi next week to hand over Bangladeshi criminals believed to be hiding in that country.

BNP, AL helped each other in corruption

Chief of Army Staff Gen Moeen U Ahmed yesterday said they have "unbelievable" proof that the two major political parties of the country, despite being archrivals politically, helped each other in resorting to corruption.

Sobbing Benazir returns to cheers

Former Pakistani prime minister Benazir Bhutto returned home yesterday after eight years in exile, defying al-Qaeda death threats to receive a jubilant welcome from hundreds of thousands of supporters.

Export dips 21pc in first month

Export earnings of the country set off with a bad start in the first month of the current fiscal year (FY 2007-08) as the earnings in July plunged by 21.08 percent.

ACC probes Nico link to Khaleda, Hasina

The Anti-corruption Commission (ACC) is probing into allegations against two former premiers -- Sheikh Hasina and Khaleda Zia -- for their alleged involvement in illegally awarding 'gas field development' and 'gas exploration' jobs to Nico.

Enacting law not enough to make EC free

Enacting law is not enough for the Election Commission secretariat's independence rather goodwill of political parties as well as political governments is a prerequisite, Chief Election Commissioner (CEC) ATM Shamsul Huda said yesterday, responding to politicians' critical observations.

Deliver just justice in free judiciary

Chief Justice M Ruhul Amin yesterday advised the judges of subordinate courts to deliver evenhanded justice to people as the judiciary becomes independent of the executive control from November 1.

10 consignments to EU rejected since Jan

The European Union (EU) has rejected 10 consignments of Bangladeshi food items since January this year as those contained various harmful chemicals.

Info on Harkatul link gathered

Top CID officials investigating the grisly grenade attack on an Awami League (AL) rally and AL chief Sheikh Hasina on August 21, 2004, are now confident that they will be finally able to charge the real culprits.

Oli finds no reason to get back to BNP

Liberal Democratic Party (LDP) President Col (retd) Oli Ahmed yesterday said there is no reason for him to return to BNP but a political party can make proposals to his party on any issue.

NBR gets new chief, 4 more secretaries transferred

In a major reshuffle in the administration, the government yesterday transferred five secretaries including National Board of Revenue (NBR) Chairman Badiur Rahman and Energy and Mineral Resources Division Secretary AMM Nasiruddin.

Govt not yet decided about consultants

The government is yet to take any decision on appointment of consultants with the status of ministers to speed up its activities, three advisers said yesterday.

President may visit US this month

President Iajuddin Ahmed is likely to fly to the United States on October 30, which will be the highest official tour of the US of a flurry of visits by government officials there in recent weeks.

Charges framed against Bangla Bhai's wife, 22 others

A Mymensingh court yesterday framed charges against 23 Jama'atul Mujahideen Bangladesh (JMB) activists including Fahima, wife of executed JMB kingpin Siddiqul Islam Bangla Bhai, in six cases filed in connection with militant activities, serial bomb blasts in Mymensingh on August 17, 2005, and making bombs and carrying explosives.

Ex-PMO official, Gatco accountant quizzed

The Anti-Corruption Commission (ACC) yesterday questioned ex-director of the Prime Minister's Office Talebur Rahman and a Gatco accountant in connection with the container-handling scam case against former prime minister Khaleda Zia, her younger son Arafat Rahman Koko and 11 others.

Ban on rickshaws on Mokhali-Moghbazar road

Dhaka Metropolitan Police (DMP) placed a trial-ban on the plying of rickshaws from Moghbazar intersection to Mohakhali intersection with effect from yesterday.

Kumari Puja today

Hindu devotees will celebrate Kumari Puja amid religious fervour and festivity across the country today.

Editorial

Separation of judiciary from November 1

It will certainly be a historic moment for the nation when the process of judicial independence gets underway on November 1. The long-felt need for separation of the judiciary from the executive now looks about to be finally met. Indeed, we can reasonably say here that the fundamental and necessary changes being brought about in the way the judiciary will work from now on are an outcome of the long and sustained struggle put up by the nation over the years for the supremacy of law and fairness and efficiency of the justice system. Under the new arrangements, all control over the lower judiciary will pass into the hands of the Supreme Court. The system of executive magistracy that has so long operated in the lower courts will give way to one of judicial magistrates working under the direct supervision of the Supreme Court.

FAO award for a Bangladeshi

Abul Kalam Azad, a Bangladeshi agriculturist, wins the prestigious FAO award for excellence in horticulture. He is in the company of four other recipients of the award in pisciculture, agriculture marketing, home gardening and social forestry from Cambodia, Mongolia, Samoa and Thailand.

What's in a name?

You just can't make this stuff up. When I first read about it in Maureen Dowd's New York Times column earlier this week, I wasn't sure whether to take it seriously or not. Surely this was just hyperbole on Ms. Dowd's part or she must have gotten hold of the wrong end of the stick or somehow misunderstood. Right?

Force and form

LET me introduce the Shakers to you before I tell what I like about them. They are a Protestant religious denomination, which originated in Manchester, England, in the 18th century. But that isn't why I like them. I like them for their celebrated proverb, which goes like this: "Every force evolves a form."

Loyalty to leader versus country

MY friends often ask me if my column has created any impression among the top policy makers of the government, as if it is customary to receive feedback from them. How would I know if they even read my column? I always told them: "No -- not yet." But last week, I could say: "Yes -- I did."

Sports

Rain threatens NCL start

Non-stop rainfall throughout yesterday put a serious doubt on the scheduled start of the 9th National Cricket League across the country today.

SA ride on twin tons

AB de Villiers and Herschelle Gibbs smashed centuries to help South Africa beat Pakistan by 45 runs in the first day-night international at the Gaddafi Stadium here on Thursday.

Nazrul not ready

Nazrul Islam was not ready to consider playing Bangladesh's second leg match of the 2010 World Cup pre-qualifiers against Tajikistan despite persuasion by the team management.

Tennis meet from Oct 23

The Acme Baby Zinc Tennis competition, jointly organised by Bangladesh Table Tennis Federation and Jafar Imam Tennis Complex, will begin on in Rajshahi on October 23.

Kabaddi, Billiard for Asian indoors

Bangladesh will only take part in kabaddi and billiard in the second Asian Indoor Games being held in Macao from October 26.

Rejoinder

In your widely circulated newspaper published on October 10, 2007, regarding the collapse of the press box at the Bangabandhu National Stadium, you have noted Shaheedullah and Associates Ltd was contractor of the work. But this is not the fact.

BCCI alert for racism

The Board of Control for Cricket in India has said that it will take measures to prevent bad crowd behaviour during the Twenty20 international between India and Australia at the Brabourne Stadium on Saturday.

Gerrard hoping for a favour

Steven Gerrard left the scene of an ignominious night in English football, describing it as "unthinkable" that the national team were on the verge of failing to qualify for a major tournament for the first time since the World Cup in 1994.

Fans want Austria out

A group of Austrian football fans have started a petition urging the Austrian national team to pull out of the Euro-2008 soccer championships, being co-hosted by Austria and Switzerland, because of the team's dismal performance.

Kartik takes stage

Left-arm slow bowlers reaped rich harvest in the seven-match series between India and Australia, highlighted by Murali's Kartik's record-breaking performance in the final game here.

Alonso on way out

Mercedes has given the green light to McLaren to drop Spain's two-time Formula One world champion Fernando Alonso from the team for next season, a Spanish sporting daily said Thursday.

ANC seeds named

Hosts Ghana and title holders Egypt are among the top seeds for the 2008 African Nations Cup draw here Friday.

Mourinho to replace McClaren?

Jose Mourinho has been made the favourite by English bookmakers to replace Steve McClaren as England coach.

Press hails Czechs

Czech newspapers on Thursday basked in the national football team's emphatic qualification for the Euro 2008 finals following the 3-0 away pounding of Germany.

'I want to quit Chelsea'

Didier Drogba has admitted he is determined to quit Chelsea because Jose Mourinho's departure has shattered morale at Stamford Bridge.

Business

Floods to cause higher budget deficit, fears BB

The central bank fears a higher budget deficit this time due to recent floods that induced net additional expenditure.

Euro breaks above $1.43 for first time

The European single currency surged past 1.43 dollars for the first time in its short history on Thursday, lifted by the prospect of lower interest rates in the United States.

Manpower export hits all time high

Manpower export hit an all time high this year with 425,000 workers so far departing the country for abroad.

Stocks recover losses

Price indices on the Dhaka Stock Exchange (DSE) yesterday recovered from Wednesday's losses led by shares in banking and power sectors.

India, S Africa, Brazil vow to fight poverty

The leaders of emerging powerhouses India, South Africa and Brazil pledged to work together Wednesday to ensure a better deal for developing nations as they seek a common voice on the world stage.

Spending on computer tech in 2007 to top a trillion dollars

Spending on computer technology will top a trillion dollars this year as the industry grows increasingly vital to national economies worldwide, according to a study by the technology market intelligence firm IDC released Thursday.

IMF lowers global growth forecast

The International Monetary Fund on Wednesday slashed its 2008 global economic forecast, warning that turbulence stemming from a crisis in the US housing sector could crimp growth worldwide.

Oil prices slip after striking record $89

World oil prices slid Thursday, one day after hitting a record high 89 dollars per barrel, as traders absorbed rising US energy reserves and geopolitical tensions in the crude-rich Middle East.

Nokia posts 85pc rise in Q3 earnings

Nokia announced Thursday an 85 percent rise in third quarter net profit to 1.56 billion euros (2.22 billion dollars) as it solidified its position as the leading mobile phone maker with 39 percent of the market.

Nestle growth affected by rising raw material costs

The Swiss food group Nestle said Thursday that growing raw material costs were having an impact on its growth, as it posted a nine percent increase in sales over the first nine months of the year.

Singapore Airlines raises fuel surcharge

Singapore Airlines (SIA) said Thursday it will raise fuel surcharges from next week to partially offset an increase in jet fuel prices.

ICE Tech to automate Bombay Sweets

ICE Technologies & Services Ltd will help automate the entire value chain of Bombay Sweets & Company Ltd by implementing applications of IFS, a global enterprise applications company.

Sony to sell chip operations to Toshiba

Sony is selling its advanced computer chip operations to Toshiba, both companies said Thursday, in the latest sign Sony is raising cash and shedding operations to focus on its core electronics sector.

New CEO of Apollo Hospitals Dhaka

Dr Edwin Lee Hansen with his 33 years of management experience has joined Apollo Hospitals Dhaka as chief executive officer, says a press release.

France to ask G7 for action on disorderly forex movements

France will seek ways of reducing "disorderly foreign exchange movements which affect economic growth" at the upcoming G7 meeting of finance ministers, French finance minister Christine Lagarde said on Tuesday.

IMF concerned by impact of biofuels on food prices

The IMF warned Wednesday that an increasing global reliance on grain as a source of fuel could drive up food prices in poor countries.

Bata launches European brand shoes

Bata Shoe Company (Bangladesh) Ltd has recently launched a range of executive fashion shoes for men of European fashion brand 'ReDiamond', says a press release.

Metropolitan

Road accidents kill 12, injure 82

At least 12 people were killed and 82 others injured in separate road accidents in Dhaka, Faridpur, Comilla, Tangail, Sirajganj, Netrakona, Jhenidah, Rajshahi and Naogaon yesterday and on Wednesday.

Dream for a bright smile comes true

The school friends of nine-year-old Rajib laugh at him and some of them even do not want to play with the little boy as he is born with cleft lip and looks a little bit atypical.

Enhance trade, commerce for mutual benefit

President Iajuddin Ahmed yesterday called upon the French investors to invest in Bangladesh.

Uncertainty still looms over hassle-free hajj by non-ballottee pilgrims

As was the case for last year, uncertainty still looms over hassle-free performance of hajj by non-ballottee pilgrims as private hajj agencies could not yet rent dormitories for them in Mecca and Madina.

Banani graveyard to be expanded

Banani graveyard will be expanded with 6.78 bighas of land in the city.

Architect stabbed to death in Chittagong

A young architect was stabbed to death by muggers in the port city yesterday.

100 fishermen still missing in Bay

Moderate to heavy rains are likely to continue until tomorrow due to easterly wind that followed the recent well-marked low in the Bay of Bengal.

CBA leaders’ appeal to CA

CBA leaders of Platinum Jubilee Jute Mills (PJJM) have appealed to the chief adviser to arrange payment of all dues of the workers by Sunday next.

Muggers stab man to death

A group of alleged muggers stabbed a man to death early yesterday at Lalbagh in the city.

UK announces simpler visa forms, online application

In a move to make applying for a visa to the UK more straightforward and convenient, the British High Commission in Dhaka has announced introduction of a new, simpler visa application forms and unveiled online applications facility.

Laos Deputy FM arrives tomorrow

The Deputy Foreign Minister of Laos, Phongsavath Boupha, will arrive in Dhaka tomorrow to hold bilateral talks focusing on Bangladesh's potential in tapping Laos's growing pharmaceutical, ready-made garment and timber markets.

Labourer killed in rooftop fall

A labourer was killed when he fell off the rooftop of a five-storied building at Madarbari in the port city yesterday morning.

Land registration fees to be realised thru' pay orders

The government yesterday decided to realise land registration fees through pay orders, a law ministry press release said yesterday.

Neaz Ahmed appointed honorary consul for NZ

Neaz Ahmed has been appointed as honorary consul for New Zealand, says a press release.

Hearing on charge framing against ex-Jamaat MP Shahjahan Oct 29

A Chittagong court yesterday deferred the hearing on framing of charges against Shahjahan Chowdhury, a former Jamaat-e-Islami lawmaker, and Faisal Morshed Khan, son of former foreign minister M Morshed Khan.

Hotelier murdered in Tangail

A residential hotel owner was stabbed to death by a drug addict in Tangail town on Wednesday night.

2 die while cleaning septic tank

Two workers of a dyeing factory on Post Office Road at Fatullah died of suffocation on Wednesday night while cleaning the septic tank of the factory.

Indo-Pak peace talks resume

India and Pakistan resumed talks in New Delhi yesterday as part of their slow-moving peace process, officials said.

Proceedings against Mosharraf, Aman, Salahuddin stayed

The vacation bench of the High Court yesterday stayed until October 28 the proceedings of the corruption cases against detained former minister Dr Khandaker Mosharraf Hossain, former state minister Amanullah Aman and former BNP lawmaker Salahuddin Ahmed.

Two judges appointed to Khagrachhari Judge Court

The government has appointed two judges to Khagrachhari District Judge Court for the first time.

Letters

Buy Bangladeshi products

I am appealing to all from thousands of miles away to buy Bangladeshi products when you go shopping. This will save our hard earned foreign currency and create jobs in local industries. You may not see the benefits right away but it has long term implications which a country like India is enjoying now--within a short time we may see them in the position of a superpower but this fortune has not come to them very easily - only with their determination and belief in themselves.

Gordon Brown's 100 days

As Hollywood or Bollywood people do, if one evaluates the 100 days of British Premier Gordon Brown, the scenario is not quite impressive for him, though his Labour Party seems to be better placed than the Conservatives compared to the final days of Tony Blair.

Use of toxic chemicals

It has been reported in the daily newspapers that a large number of “Fruit Traders” near Dhaka City and some other places are using dangerous toxic chemicals regularly to ripen local “fruits” quickly. This is very injurious to the health of the people.

Taxi, scooter drivers

Taxi cab/CNG scooter drivers continue to undermine and defy government orders and instructions.

NGOs and corruption

We have recently been regaled with the spectacle of one NGO calling the rest 'corrupt' and exempting itself from the accusation!

Power ministry's power

Sharier Khan's report (Oct:3) gives the pen picture of how the bureaucrats milk the various power companies. May be that is the main reason for their interest in having different companies as a smoke screen; basically for satisfying their greed for more management clout and a wide range of perquisites. They simply love their multiple roles.

Truth commission

No doubt truth is stranger than fiction. We are a nation where most of our people who can influence others are corrupt. Common people are the ultimate victims. We can find corrupt people in every sphere of our populace. But can a truth commission cure this infectious disease? Perhaps not, unless we install a functional system in the society to combat corruption relentlessly. Does it mean that we don't need such a commission? Definitely we need a truth commission for our politicians, where they will make confession and rectify themselves. They will have to make commitments like:

Mobile users

At present mobile is an important device (except some bad aspects) to communicate with each other. It has made our life easy. For this reason, the number of users is increasing rapidly. So any deal between mobile operators and users is to be fair and square. But in some cases users have to pay more than what is due. For example, we have to pay at least one extra taka in case of recharging. It is also applicable for purchasing card of that amount. My question is why shall we spend our hard earned money without getting due value?

The blame game

Mr. Badrul Ahsan, the eminent columnist and one of the finest political analysts, in his column on August 21 referred to Law Advisor Mr. Mainul Hossain's reported complaint that the economists of the country did not give them appropriate and necessary suggestions for economic management. Why the Law Adviser makes such complaints since the Chief Adviser himself as well as the Finance Adviser are all economists.

Setting the record right

I saw a news item in your daily paper of Aug 16 entitled “Remembering Palmer” on the sports page. Mr. Hubert Arun Rozario in this article gave the news of Mr. Francis Donald Palmer passing away on Aug 8, 2007 in California. Mr. Rozario then went on to reminisce about him and ascribed some of his sporting achievements which in some ways were very incorrect. Mr. Rozario, of course out of his friend or colleague's admiration and his good will wrote, “Francis Palmer captained the first East Pakistan Provincial basketball team” He also wrote, “In 1960, Brother Thomas popularised basketball in East Pakistan.”

Simplify banking procedures

Recently, I went to a local NCB for a pay order. While I was waiting, a women came to the same officer to open a new account with duly completed application form (filled by someone else, signed by her) with introduction from another account holder. After checking the application form thoroughly the officer gave her 2 more forms (1) transaction profile (2) know your customer {KYC}-for filling. The woman, not educated enough, was baffled and requested the officer for help who bluntly refused. The woman then protested saying he could give these forms with the application form so that she could arrange to fill them up by her relative. Then, I offered to help her and while filling these forms, I understood that her brother had recently gone to Dubai and would send Tk 25000-30000 pm for family expense. I wonder, why could not this system be simplified for a small account opener by single statement that “transaction will not exceed (say) Tk. 7 lakh pm.” in the application form instead of filling 2 additional forms.

Crimes

There has definitely been an improvement in the crime situation. But still the law enforcers have to go a long way to ensure the safety of citizens.

Motorbikes on footpath

Everywhere a footpath is only meant for the use and convenience of pedestrians, and not for any type of wheeled transport. However, sadly it is observed that motorbike riders come to the front of cars and buses waiting for traffic light at busy intersections, drive onto the footpaths to take an illegal shortcut and come in front of the traffic lights. Sometimes a few cyclists also do it, but rarely. Mostly they push the cycles while walking alongside, which is not so objectionable. But the motorbike riders do it in a reckless and frightening manner.

Pacu and Piranha

These days a debate is taking place in the electronic media and print media regarding Pacu fish or Thai Rupchanda, which has wrongly been identified as Piranha.

Job opportunity in Canada

Canada is the largest country in the world. It is one of the prime western nations for immigrants. The Canadian province of Alberta is currently looking for skilled and unskilled workers to meet the labour shortage largely driven by the oil and gas reserves. Every year over 90,000 foreign workers enter Canada working temporarily to help Canadian employers. Alberta is on the top of the list of locations with economic boom. For additional information visit: http://www.alberta-canada.com/immigration/albertaImmigrationPromotion/files/pdf/hiring_fw_alberta.pdf.

Bangladesh cricket team

We have been playing cricket for the last forty years or so, Test cricket for around ten years. It is quite natural that once in a while we would win a match. Whenever we win a match, the media blows it out of proportion and start using words like Greatest Hero, Mahanayak etc. I think this kind of euphoria spoils the boys. And again when we lose (which is the normal regular thing we do), we say we are learning, I think we should put a stop to this kind of exuberance and excuses. Encourage the boys, but don't spoil them. They lose their head and think themselves as 'Ami ki Honourey'.

International

Thousands throng Karachi streets to greet Benazir

More than 100,000 Benazir Bhutto supporters massed in Karachi yesterday as security forces turned Pakistan's biggest city into a fortress ahead of the former premier's return from exile.

Musharraf-Benazir anti-terror pact shaky: analysts

President Pervez Musharraf and Benazir Bhutto plan to forge an alliance to fight extremism following the return of the former premier to Pakistan, but analysts warn the deal already looks shaky.

Nuke deal still on, says India’s ruling party

India's ruling Congress party said on Wednesday that a controversial nuclear deal with the United States was still on, despite stiff opposition within the coalition government.

Chronology of Benazir's political life

Former prime minister Benazir Bhutto stepped onto Pakistani soil yesterday after eight years in self-imposed exile.

Russia has strength to defend itself: Putin

President Vladimir Putin vowed yesterday that Russia would defend its vast natural resources in Siberia, saying Russia was "not Iraq" and would not allow outsiders to gain control of its resources.

India, Pakistan resume peace talks

India and Pakistan resumed talks in New Delhi yesterday as part of their slow-moving peace process, officials said.

Sarkozys separate

French President Nicolas Sarkozy and his wife Cecilia have separated "by mutual consent", according to a statement from the Elysee Palace yesterday.

27 Tamil Tigers killed in clashes

Sri Lanka's military said yesterday that its troops killed 27 suspected Tamil Tigers in renewed clashes in the island's north, although the rebels dismissed some incidents as attacks on civilians.

Bombs kill 6 of Afghan security forces

Bomb blasts killed six members of Afghan security forces yesterday while the US-led coalition said nine of its soldiers were wounded in an ambush in new attacks linked to a Taliban-led insurgency.

Iraqi Kurds protest Turkish threat

Several thousand Iraqi Kurds took to the streets of Arbil yesterday to protest the threat of a Turkish incursion.

Arts & Entertainment

Voicing opinions on poverty and inequality

ON the occasion of the International Day for the Eradication of Poverty, a grand musical concert was held at the Rabindra Sarobar open stage, Dhanmondi Lake on October 17. Titled “Stand up, speak out against poverty and inequality”, the concert featured popular bands and musicians -- Ornob, Fakir Alamgir, Sumon and his band Aurthohin, Bappa Majumder with Dolchhut, Artcell, Black, Bangla, Bogey & the Ektaar all stars, Nemesis, and Renaissance. Upcoming band NASH-T also performed at the concert.

A pioneering Bengali Muslim filmmaker

Veteran journalist Obaidul Haque was one of the pioneers among Bengali Muslims. He was the first Bengali Muslim to direct and produce a feature film prior to the Partition. He had been involved with the film industry as a director, producer, lyricist, playwright, film critic and film society activist.

Prava: A shooting meteor on the horizon

Her name is Sadia Jahan Prava. 'Prava', in Bangla, means radiance and her name seems to do justice to her appearance. Prava's enthusiastic expressions and infectious smile made the TV commercial (TVC) of Meril beauty soap one of last year's most popular ads. Overnight Prava became a familiar face to millions. Her appearance in the subsequent TVC of Meril Powder (2007) also proved to be a success.

Bollywood stars team up against human trafficking

While more and more Bollywood stars are coming forward to espouse social causes like the anti-tobacco and anti female feticide or dowry campaigns, a number of them came together for the first time here recently to highlight a problem that afflicts India, Bangladesh and Nepal in equal measure -- human trafficking.

Tele-film “Megher Desher Jonaki” on Channel-i today

Eid special tele-film Megher Desher Jonaki will be aired today at 10:30 am on Channel-i. Actor Shahriar Nazim Joy has written the story and Dewan Habibur Rahman has directed the tele-film.

Sir Anthony Hopkins sues Merchant Ivory

Whether or not it's accompanied by fava beans and a nice Chianti, Anthony Hopkins wants his money. Samson, Inc., a company co-owned by Hopkins, is suing Merchant Ivory Productions for allegedly failing to pay the actor for his services.

OP-ED

Three under-rated factors in decision making

CONVENTIONAL wisdom has it that decision making is a function of policy based acts, rules, regulations, instructions and guidelines applied in a scientific manner. We are conditioned to visualising an ideal environmental framework for decision making. The decision makers are supposed to be rational agents free from human inadequacies and fallibility.

Maintaining the momentum on Burma

THE world has reacted with horror to the Burmese regime's brutal crackdown against its own people. Monks, nuns and ordinary citizens took to the streets peacefully in protest at the deterioration of the economic situation in the country. They were met with guns and batons.

Does aid reduce poverty?

HOLLIS Chenery and Alan Strout are proponents of the "two-gap" model of development. Which is: savings determine investments -- and per capita income determines savings. Since poor countries have low incomes, and, accordingly, low savings, they are caught in a "vicious circle of poverty." Thus, it is argued, investment financed by foreign aid will break this vicious circle and connect LDCs to the virtuous circle of productivity and growth.

Online shopping

ONLINE shopping is growing rapidly in most developing and developed countries for obvious reasons. Better price, open 24 hours, no dress code, no transportation cost, or time wasted going to and from market, many sellers and choices, tools available for comparison, are just a few of the benefits to a consumer.

Environment

Marine fisheries management: Possible options

With the river estuaries Bangladesh has a coastline of 714 Km and an Exclusive Economic Zone (EEZ) of 1, 64,000 Km2 of which 44 per cent is continental shelf. Bangladesh's coastal waters are rich in the diversity of fishery resources with 475 species of fin-fish including sharks, and rays, a number of shell-fishes including 36 species of shrimp and a number of non-traditional items such as cuttle-fish, octopus, oysters and mussels. More than 90 species are commercially important of which Hilsa (Tenualosa ilisha, Fig.1) is the most important contributing over 40 per cent of the total coastal landing. Other important species are Churi (Trichiurus lepturus, Fig. 2), Loittya (Harpadon nehereus, Fig. 3), Koral (Lates calcrifer, Fig.4), Bom-Maittya (Euthynnus affinis, Fig. 5), Rup Chanda (Pampus chinensis, Fig. 6), Kata (Arius thalasinus, Fig. 7), Karati (Chirocentrus dorab, Fig. 8) etc.

Gulshan Lake: An ecologically critical area

Exchange of energy between the aquatic environment and its adjacent terrestrial ecosystem is a continuous process and thus, they are influenced much by each other. Land-based activities around the aquatic ecosystem have a crucial effect on energy inputs to it. For proper functioning of an ecosystem, there must be a balance between inputs and use of energy. Exceptions to this would be damaging for both the ecosystems.


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