Messages from the UN Summit
The United Nations hosted a momentous meeting Monday at its headquarters in New York titled UN Climate Action Summit 2019, with sixty government leaders participating. The UN Secretary General Antonio Guterres underlined the meeting's goal by stressing the word 'Action' with a call to start concrete work rather than making...
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Questioning the role of social auditing
Global social audit firms are under fire for protecting the interest of international brands at the expense of the safety of millions of factory workers across the world, particularly in the developing countries. The accusation is pointedly directed at audit firms engaged in dealing with labour-intensive readymade garment (RMG) factories....
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Dichotomy between consumer price and farmers' profitability
Urban consumers have become used to paying a much higher than farm-gate price for purchasing grains, vegetables, fruits, and spices but they have reacted sharply when onion has become dearer. Knowing that price of a crop may be low during its harvesting season, the country's farmers raised protest when rice...
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Asset management of banks
The country's banking sector has faced a series of crises that have left their marks on the entire banking system. The scams involving Hallmark, Crescent Group and AnonTex Group and the Bangladesh Bank cyber heist not only affected asset management but also put banks in a difficult situation. Non-performing loan...
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Education and research
Politicians have to pay some price for their mistakes or misdeeds, if any, but our public universities, run with taxpayers' money, are not yet brought under any effective accountability mechanism. We are appalled to read reports of corruption involving millions of Taka at these institutions. We see projects worth over...
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