Easing problems facing shrimp and fish export
Bangladesh's once-thriving shrimp- and frozen fish-export sector is now gasping for survival. Already reeling from an unfavourable international market, the industry has been pushed deeper into crisis by the government's prolonged inaction. Exporters are caught in a severe liquidity trap, unable to sustain overseas trade because of the government's failure...
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How short-sightedness bedevils industrial development
Accusing fingers were raised from some quarters at the three devastating fire incidents at Shialbari, Mirpur, Chittagong Export Process Zone (CEPZ) and the cargo village of Hazrat Shahjalal International Airport (HSIA) within a span of just five days. They found the bogey of sabotage. Such premature conclusion without ever going...
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The danger of antibiotic resistance
The invention of antibiotics was a milestone in the history of modern medicine and those were hailed as miracle drugs for their ability to prevent infections. These lifesaving drugs are now losing their effectiveness globally, much to the concern of health experts. The situation is particularly alarming in Bangladesh. A...
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Gold price and global economic uncertainty
Over the past two months, the price of gold has been surging continuously, reaching unprecedented levels. The rise has been so sharp that middle-income consumers around the world are hesitant to purchase gold under the current circumstances. This sudden surge in the gold price has prompted economists to delve deeper...
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China's move to control rare earth trade
China's recent decision to tighten control of rare earth metals marks a significant turning point in global technology and trade. The Ministry of Commerce has introduced new export control measures that restrict the export and transfer of technologies related to rare earth extraction, refining and magnetic material production without prior...
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