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Editorial

Editorial

The Danish ambassador in an exclusive interview with a news agency observed that shipbuilding can turn out to be the second most important export-oriented sector after readymade garments (RMG) in Bangladesh. The observations of the Danish envoy, whose country purchased the first ever ocean-going ship from Bangladesh in 2008, are likely to be shared by others both within and outside the country. Since the country’s export activities have become concentrated mainly in the RMG sector, the need for export diversification is imperative both to increase export earnings in support of the country’s macro economy as well as reduce vulnerability of the export sector as a whole while depending solely on one export item.

Editorial

Killing wild animals and then taking out certain body parts from them for profit have put major forest reserves in the world in danger. Yet despite this knowledge the unlawful poaching of animals is hard to stop as in many cases forest officials were found to be working in collusion with the poachers.  The ultimate result of this has been devastating, naturally. A recent report informs that Coast Guards arrested 52 people with body parts of deer, tiger and crocodile.

Post Editorial

On [Jan 28] morning, British police arrested four journalists who have worked for Rupert Murdoch. For a while, it looked as though these were yet more arrests of people related to the News of the World (NoW) but then it became clear that this was something much more significant.

Post Editorial

The Indian Government is in the process of appointing the next High Commissioner to Bangladesh to succeed Rajeet Mitter. The name that has come in the media is that of Pankaj Saran who was posted to Dhaka early in his career in the late 1980s.

Letter

Need for effective handling of economy
Sir,
After Bangladesh achieved its independence in 1971, the country’s economy has come a long way, but the country is still considered a poor country. Nevertheless, Bangladesh has a huge potential to tap. In fact, the country is in transition from an agro-based one to a manifesting one.
Bangladesh can attract investment from foreign countries in volume, if problems and difficulties, especially that persist in power, infrastructure and governance related areas, are overcome for great economic development.
This is not easy. Our existing political culture of hostility and vengeance, one can agree without any hesitation, has hampered development to a great extent. Bangladesh judiciary is in tatters. The Transparency International Bangladesh’s (TIB) reports have revealed this time to time. Our bureaucracy gives a strong impression that it is inefficient, sluggish and
corrupt.
This failure in politics, judiciary and bureaucracy creates an image problem of Bangladesh as an investment destination abroad.
Even so, the country can expect to fulfill the resource gap that exists in achieving the desired growth, if efficient and sincere leadership takes up this challenge addressing the problems and difficulties. But current political crisis in the country frustrate all our hopes.

Ibn Manzoor
Dhaka

Untitled Document
Editor : Mahbubul Alam
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