...Water, energy crisis in Bangladesh How water and electricity scarcity impacts on life and politics. Plus a brief look at the ongoing governmental crisis. Administration of most essential public utilities specially water and electricity is in serious jeopardy in the country, causing untold suffering to the country dwellers. The erratic power supply leads to disruption to smooth water supply to the country dwellers who are reeling from power and water crisis during the ongoing dry season. In the country, people are suffering serious waters crisis due to frequent load shedding, drastic fall in ground water level, insufficient water treatment plants and deep tube wells and the situation is unlikely to improve in coming days unless the government comes up with quick solution. "The situation has started aggravating. If more water treatment plants are not installed, the country people will face severe water shortage," an official of Dhaka WASA said. The official said during the five-year rule of immediate past BNP-Jamaat government, no effort was made to improve this sector The WASA supplies about 160 crore litres of water every day against the demand for over 220 crore litres in the capital and Narayanganj town. As 88 per cent of water is pumped out through 444 deep tube wells from the underground, the water level is falling drastically. Besides, the deep tube wells remain out of order and the condition of water treatment plant at Pagla is not satisfactory. Moreover, severe...
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...The US Financial Crisis and Bangladesh The devastation left by the recent financial crisis can easily be compared with the natural disasters that visit Bangladesh so often. Lehman Brothers is no more; Merrill Lynch and Bear Stearns suffered a huge loss and forced to sell themselves; AIG, Frannie Mae, and Freddie Mac sought refuge in nationalization. USA’s last two investment banks Goldman Sachs and Morgan Stanley threw their towel and converted themselves to holding companies. The investment banking arena will never look the same again. Unfortunately the woe does not end here. American money-market fund the safest of safe investments has reported a loss (first time since 1994). If investors flee the money markets for treasuries, banks will lose funding and the contagion will suck in hedge funds and corporations. The recent turmoil has been blamed on the sub-prime mess. These relatively unregulated financial institutions’ greed has led to their downfall. What these “hedge-fund operators, leveraged buy-out boys and whiz-kid quants” have created is a financial Frankenstein. They have created loans for borrowers, who in real life do not qualify for them because of their poor credit ratings and low incomes. The risk of these loans have been passed on to investors around the world who are eager to buy securities carrying higher yields rather than those offered by safer investments such as US treasury bonds. According to an article by Knowledge @ Wharton “Mortgage-backed securities...
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...Energy Crisis in Bangladesh Short and Long Term Solutions April 30, 2009 Compiled by Shawkat Haider Electricity Generation Worldwide Current production costs : 1.76 cents per kWh for nuclear, 2.47 cents for coal, 6.78 cents for natural gas and 10.26 cents for petroleum. Coal accounts for 39% of global energy World Nuclear Association IAEA. Electricity Generation in Bangladesh Peak demand is catered by: Natural gas Liquid fuel Coal Hydropower 85% 6.76% 5.41% 2.45% Demand from: DESA, DESCO 1800MW REB 2200MW PDB itself 1500MW 1 TCF Coal (37MT) can produce 14000-94000 MW 1 TCF Gas can produce 22000 MW 3.5 barrels of oil = 17000 cubic feet gas = 1780 pound coal (in terms of energy production) Coal Mining Challenges in Bangladesh Khondkar Abdus Saleque, energybangla, April 2009 Solution lies in gas supply, Sharier Khan, The Daily Star Dr. Khalequzzaman, The Daily Star World Nuclear Association Energy Sector Snapshots TOTAL INSTALLED CAPACITY BPDB IPP SIPP & Rental Present generation capacity Current demand Average generation Maximum generation in history Load shedding Access to electricity Per capita generation Distribution lines (33 KV & below) 5453 MW (105 Unit) 3812 MW (59 Unit) 1330 MW (39 Unit) 311 MW (7 Unit) 4931 MW 5500 MW 3700-3800 MW 4146.9 MW 1000-1500 MW 45% 149 kWh 47,479 Route KM December - 2008 December - 2008 December - 2008 December - 2008 December - 2008 April- 2009 April- 2009 April-2009 April-2009 FY- 2008 FY- 2008 FY-2007 ...
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...THE GLOBAL FINANCIAL CRISIS: IMPACT ON BANGLADESH K.A.S. Murshid BROTEE July 19, 2009 The author would like to gratefully acknowledge the contribution of Dr. Anwara Begum, Research Fellow, BIDS and Mr. Zabid Iqbal, Research Associate, BIDS. The author is a Research Director, BIDS. EXECUTIVE SUMMARY (TBC) I Introduction The world economy is currently experiencing the worst global financial crisis since the Great Depression. While major world economies have taken a massive hit resulting in negative growth rates in key countries or regions, including the US, EU and Japan, the contagion also spread to emerging developing countries like China, Brazil, India and South Africa, as well as to the countries of South East Asia and Latin America. The magnitude of impact seems to depend on the extent of integration with the rest of the world (or to use World Bank jargon, the extent of liberalization that has taken place). The impact on LDCs like Bangladesh has been muted in the first, and even the second round. However, there is growing evidence that third round impacts are making themselves felt, manifested in declining exports, declining migration of labour, growing number of sick industries, industrial unrest, and reduced growth. There are also fears that poverty and unemployment may be exacerbated and MDG targets could become jeopardized. Countries like Bangladesh are interested in understanding...
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...degree and Dr.M.Khairul Hossain, Professor of Finance Department at Faculty of Business Studies, University of Dhaka, who is also the Honorable course teacher of this course. He has asked us to make a term paper regarding to our course. Our topic is to prepare a report on “Trend of export of commodities from Bangladesh: An Analysis of sector wise contribution to GDP.” provided by the honorable course teacher. This is a group task. Objectives The objectives of this report are: * To fulfill the partial requirement of MBA degree. * To be able to use theoretical knowledge into practice to know the practical aspect in Bangladesh. * To develop our skill in using analytical tools and techniques. * To develop our interpersonal views and concept through sharing among every member of the group that is reflected in this report. The main objective of the study is to pinpoint the major aspects of export of Bangladesh and also examining the ways and means to overcome problems, thereby highlighting the prospects of on this issue. To achieve the main objective, the study highlights the following specific objectives. 1. To examine the trend of export of Bangladesh over years. 2. To examine the sector wise export’s trend. 3. To find out the major problems hindering in exports. 4. To highlight the prospects of removing the problems involved therein. Methodology Research type: This is basically an explanatory/descriptive research because it will try going insight...
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...(Pol 101) Semester: Fall 2014 Section: 6 Submission Date: 30/09/2014 Assignment no.: 1 Bangladesh as a Mono-National Identity In my opinion Bangladesh is a mono-national country. A multi-national country has a big amount of people from different country, culture, language etc. But in Bangladesh there is the majority portion of peoples are Bengali. Their mother language is Bengali, they have the same culture. There are some tribal nations (Khasheas, Marmas, Chakmas, Santals etc.) over 1 million but that’s very little amount where the total Bangladesh population is over 160 million. These minority groups aren’t dominating at all compare to the total population of Bangladesh. “Bangladesh's tribal population consists of about 1 million people, just under 1 percent of the total population. They live primarily in the Chittagong Hills and in the regions of Mymensingh, Sylhet, and Rajshahi.” Another important thing is Religion. There is mainly 4 religions people in Bangladesh. They are Muslims (90.4%), Hindus (8.2%), Buddhist (Below 1%) and Christian (Below 1%). So the majority people follows Islam. For that reason we can also say it’s a mono-national state. Many times the Bengali identity used both negatively and positively in politics. In 1947 Indian Subcontinent divided into two country INDIA and PAKISTAN. They divided two country by majority of religion. East Pakistan (Present Bangladesh) language was Bengali, West Pakistan language was Urdu. The political people of East Pakistan...
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...PRESENT SCENARIO OF CERAMIC INDUSTRY The global ceramic industry is worth of US$20 billion. Bangladesh is perfectly positioned to expand rapidly in this sector with its high quality, cost ratio and creative human resource base. Traditionally, ceramic industry is a labor-intensive sector and companies in developed countries experience difficulties in remaining competitive due to rising labor cost and recent global financial crisis. Bangladesh, being a gas rich, low-labor cost economy and having advanced ‘bone china’ technology, is perfectly positioned to be a strategic partner in production and supply of ceramic goods (Board of Investment, Bangladesh). The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. A medium scale ceramic plant needs around Taka 10 crore (Taka 100 million) in initial investment and the BCWMA sources say the present investment in the country’s ceramic industry is roughly about Taka 2,000 crore (Taka 20 billion) and this sector employs one lakh (0.1 million) workers. Shinepukur, Monno, Bengal Fine, Standard, Peoples and National Ceramic are considered as major players in ceramic tableware market. RAK...
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...An Assignment On Climate Refugees: A Study on Bangladesh Course: Refugee and Conflict Course no: 217 Prepared for: Maria Hussain Lecturer Department of Peace and Conflict Studies University of Dhaka Prepared by: Md. Abu Yousuf Class Roll :35, 7th Batch,5th Semester Department of Peace and Conflict Studies University of Dhaka. Date of submission: 25 February, 2015 Introduction: Climate change is one of the greatest challenges of the world had ever before. Environment induced disaster is increasing day by day and has the causes of most vulnerabilities and Climate Refugees. Environmental Refugees refers “the persons who no longer gain a secure livelihood in the traditional homelands because of environmental factors of unusual scope, notably drought, desertification, deforestation, soil erosion, water shortages and climate change, also natural disasters as cyclones, storm surges and floods.” The most environmental refugee prone areas are Asia and Africa. The number of environmental refugee in Asia is more than 50 million which was about 42 million in 2010. The over populated areas of the world such as South Asia, Horns of Africa are under danger because of the scarcity of natural resources. Although the “environmental refugees” is more important problem and challenge for the international community to protect the stability of the world system but they are silent. So for the ignorance of international law people tolerate unbearable vulnerabilities for this devastating...
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...History of Bangladeshi Entrepreneurs and Entrepreneurship Several studies on topics like entrepreneurship and entrepreneurs were done by several academicians all over the world in different countries. The issue got immense importance in the eyes of the researchers. The case of Bangladesh is also similar. After the period of British ruling when two new states India and Pakistan came, the economy of this subcontinent was backward, highly agricultural and characterized by massive poverty (Ray, 1992). During the ruling of Pakistanis, though the other side of Pakistan (West Pakistan) saw some economic developments, the portion which is now called Bangladesh (the then East Pakistan) could not see that light. Bangladesh got rid of Pakistani ruling in December 1971.But because of one-eyed behavior of the then Pakistani rulers huge economic problems were already prevailing in East Pakistan even at the pre-independence period. After independence, as a result of the post-war crisis, massive political unrested. The overall economy became more backward and stagnant. From then, even today Bangladesh is known all over the world for its mass-poverty and poor economic growth (Kamal, 1985). Even now-a-day, the dominant sector of economy is the agricultural sector. But investment in agriculture from commercial point of view has not been made much due to ownership problems, existing inheritance laws, uneconomic size of farm, socio-cultural traditions of the people and absence of governmental commitment...
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...Bangladeshi local NGOs and their documents in related sea level rise. Sea level rise: Impacts on Bangladesh and the role of NGOs Introduction: climate change is one of the most raising issues in contemporary world. Global warming is an important cause if climate change. The temperature of the world is increasing day by day. As a result the ice of arctic areas is melting. And this is raising the sea level. Though the temperature is increasing equally all over the world but all the countries of the world are not equally affected by this global warming. Usually costal areas, islands, and lower lands are mostly affected by this sea level rise. They are flooded badly each year because of this sea level rise. Global warming not only affects the environmental life but also they affect the political economic and infrastructural basis. Bangladesh is one of the most vulnerable countries of sea level rise. As it is a costal and lower land, so here lives and properties are at a severe risk. One of the island of Bangladesh, named South Talpatti Island has already sank because of sea level rise. NGOs role is very important for Bangladesh. NGOs can play vital role in many ways. NGOs can supply knowledge and information through research which is essential for making strategy and action plan for Bangladesh Government....
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...A long term value opportunity BAT Bangladesh overview (Ticker: BATBC BD BDT) BAT Bangladesh (“BATBC”), which is a 65.9% owned subsidiary of British American Tobacco and has a market cap of $431m, is the leading tobacco company in Bangladesh, with 50% market share, dominating the premium and medium price segments of the tobacco market (where it holds 75% market share). The brand portfolio of BAT Bangladesh includes Benson & Hedges, John Player Gold Leaf, Pall Mall, Capstan, Star, Scissors, Bristol, Pilot and Hollywood. BATBC engages in the production and distribution of cigarettes (89% of sales) and in tobacco leaf export (11% of sales). Interestingly Bangladesh is among the 20 largest global producers of tobacco with c. $1.8bn of production in 2011. BATBC plays a key role in the economy since it is the largest private sector tax payer of the country, collecting ~$650m for the government in 2011 (including supplementary duty, value added tax and other taxes). This represents 2/3 of total tax collections from cigarettes industry in Bangladesh). In 2011 BATBC achieved $329m of net sales and $36m of net income. The company has no debt and holds $10m of cash. BATBC employs ~1,200 people directly and about 50,000 people indirectly as farmers, distributors and local suppliers. BATBC production capacity has recently been increased to 30bn sticks. Tobacco Market in Bangladesh According to the Global Adult Tobacco Survey: Bangladesh 2009, 23.0% of adult aged 15 years or above...
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...Lecturer Department Of Finance University Of Dhaka. Subject: How Bangladesh Promote Shrimp globally. Dear Madam, We are very happy that we have been able to submit the report you have assigned to us. The assignment was to prepare a term report on the course named “International Trade and Finance, course#F-208”, as part of our academic activities. Here is the report on “How Bangladesh Promote Its Shrimp globally.” For the purpose of preparing the report we had to have an in-depth knowledge on how to promote a product globally. This was the first ever opportunity for us to gain proper understanding about the promotion of a product world wide. Thank you for giving us the opportunity to learn the real life practice and what strategies Bangladesh adopts to promote its Shrimp globally. Sincerely, Group 11 12th Batch Department of Finance Executive Summary Introduction Body of the report Background Mission Current market Diagram Why new product are launched Types of new product Recently launched product Re-launched product Concluding summary Bibliography Executive Summary Beginning in the 1980s, shrimp grew as a major non-traditional export item, and today, shrimp is the second largest export from Bangladesh. Commercial culture of shrimp increased rapidly in the coastal belts of Bangladesh and has gone through several stages of transformation. Currently...
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...Early life and education Early years [pic] [pic] Muhammad Yunus at Chittagong Collegiate School, while visiting the school in 2003. The third of nine children,[10] Yunus was born on 28 June 1940 to a Muslim family in the village of Bathua, by the Boxirhat Road in Hathazari, Chittagong, in the British Raj (modern Bangladesh).[11][12] His father was Hazi Dula Mia Shoudagar, a jeweler, and his mother was Sufia Khatun. His early childhood years were spent in the village. In 1944, his family moved to the city of Chittagong, and he was shifted to Lamabazar Primary School from his village school.[11][13] By 1949, his mother was afflicted with psychological illness.[12] Later, he passed the matriculation examination from Chittagong Collegiate School securing the 16th position among 39,000 students in East Pakistan.[13] During his school years, he was an active Boy Scout, and traveled to West Pakistan and India in 1952, and to Canada in 1955 to attend Jamborees.[13] Later when Yunus was studying at Chittagong College, he became active in cultural activities and won awards for drama acting.[13] In 1957, he enrolled in the department of economics at Dhaka University and completed his BA in 1960 and MA in 1961. After graduation Following his graduation, Yunus joined the Bureau of Economics as a research assistant to the economical researches of Professor Nurul Islam and Rehman Sobhan.[13] Later he was appointed as a lecturer in economics in Chittagong College in 1961.[13] During...
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...------------------------------------------------- Grameen Intel: The Experience of the World’s First IT Social Business ------------------------------------------------- Fahim Kader (132-0947-660) January 7, 2014 Abstract “Of all the countries around the world where we can invest, why should we keeping funds running to Bangladesh?” narrates Kazi I. Huque, CEO of Grameen Intel Social Business Ltd.). He talks about how he has had to convince people over at Intel Corporation, over the years, how despite all the well publicized negativities surrounding the political and (subsequently) business situations in Bangladesh, it would be great investment for Intel to finance the operations of Grameen Intel in Dhaka. Huque, a long term employee of Intel, recalls how during the incorporation of Grameen Intel, he was caught in the middle of contrasting demands and ideas from the rest of the board members that included his own bosses. When he took on the responsibility of spearheading the venture, he knew it would be challenging. The canvas was empty and required lots of thorough planning and strategizing to be crafted into a successful project. “I met with Craig Barrett (former Chairman of Intel Corporation) in his office, and I started complaining.” says Huque. “I said, ‘You’re all making different demands… you need to be on the same page.” Barrett simply replied, “Kazi, we got you onboard to deal with this. It is your job to sort it all out, so don’t ask me for solutions...
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...Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Introduction: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is the apex trade body that represents the export oriented woven, knit and sweater garment manufacturers and exporters of the country. Readymade Garment (RMG) is the leading sector of Bangladesh in terms of employment, production and foreign exchange earning. Readymade garment (RMG) alone earned about 78% of the yearly foreign exchange earning of the country. About 3.6 million people are employed in the garment sector. The growth rate of RMG export was over 20% per over the last two decades. A Success Story of RMG Sector: The importance of RMG sector can hardly be over emphasized. There has been a steady growth in the field of RMG during last two decades. The RMG industry enjoyed a meteoric rise from 30 enterprises in 1980 increased to about 5150 in 2010-11 fiscal year. The growth of the industry in terms of number of units and employment generation is shown in table - 1 below: Table 1: Growth of the industry and Employment |Year |Number of Garment Factories |Employment in Million Workers | |1983-84 |134 |0.040 | |1984-85 |384 |0.115 ...
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