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When trade becomes trap

IN THE grand narrative of Bangladesh’s rise from a war-torn country to a development model for the global south, trade has always played a pivotal role. With exports crossing the $60 billion mark in the 2023 financial year, up from just $6.5 billion two decades ago, Bangladesh has showed how the strategic use of comparative advantage and an export-oriented...

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Breaking hilsa price trap

HILSA has for long been a cultural and culinary staple. Yet, despite a notable increase in production, its price remains beyond the reach of many consumers. A recent study led by professor Md Mostafa Shamsuzzaman and his research team in the Sylhet Agricultural University sheds light on the underlying factors behind this persistent price increase. Their findings...

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10,000 textbooks seized, two detained

The Dhaka Metropolitan Police detective branch in an operation on Wednesday seized two trucks carrying about 10,000 government textbooks intended to be distributed to primary and secondary school students.

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Debt trap fear mounts over megaprojects

The megaprojects implemented mostly with foreign loans by the now ousted Awami League regime have left the nation with concerns over the debt trap amid the questionable expected returns...

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India opens integrated check post, terminal at Petrapole

India on Sunday opened an integrated check post, passenger terminal building and a joint cargo gate named Maitri Dwar at the Petrapole in West Bengal to improve cross-border trade and immigration infrastructure...

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Cash-strapped Maldives mulls pay cut amid debt crisis

The president of cash-strapped Maldives will take a 50-percent pay cut as part of an austerity drive that will see public sector salaries reduced to prevent a debt crisis in the tourist hotspot, his office said Thursday.

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Tackling syndicate control and inflation

BANGLADESH’S food price inflation has become a crippling burden on millions of low-income households. Food inflation is largely driven by unchecked syndicates that exploit supply chains. The prices of staples such as rice, eggs, and chicken have surged dramatically, with rice increasing by Tk 6–8 per kilogram in the last two months and broiler chicken...

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Adaptation finance is key to climate justice

ADAPTATION finance stands at the heart of one of the gravest challenges confronting the global community — how to shield vulnerable nations from the worsening impacts of climate change. Yet, the current global financial framework remains inadequate, perpetuating a cycle of debt and dependence for countries already grappling with severe...

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Social media trap

SCROLLING through platforms like TikTok or Facebook might seem like a casual pastime, but beneath the surface, these activities are reshaping our cognitive processes and emotional well-being in significant ways. Let’s explore how this digital engagement is subtly influencing our brains and mental health...