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The DU holds admission tests in five units: A unit only for the students of science discipline, B unit only for humanities students and C only for students of commerce disciplines. Students from every discipline can appear in admission tests for D (for some selected departments) and Cha (fine arts faculty) units. The 120-mark admission tests have 40% passing marks for the different units, while B, C and D units have minimum passing scores for different sections of the question, such as Bangla, English and general knowledge. The failure rate for the 2013-14 session shows that 95% candidates failed in Cha unit, 91% in C unit, 86% in B unit and around 91% in D unit. The number of failed students was comparatively
less in A unit, where the figure was 58%. Academics have said the failure of such a large number of students in the admission tests of the countrys top educational institution reflected the poor quality of education handed down to students in school and college levels. The universitys social science faculty Dean Professor Farid Uddin Ahmed told the Dhaka Tribune that the admission test was a process of filtering which allowed the university authority to get the best students. But it is alarming that students who achieve good grades, even the highest in SSC and HSC, fail to attain the passing mark in the admission test, said Farid, who is also a coordinator of the admission test held under the social science faculty. Statistics from the last three years DU admission tests show that majority of the students who had earlier obtained the highest score of GPA (grade point average) 5 in their SSC and HSC exams, failed in the admission tests. For the 2013-14 academic session, 67,058 students who achieved GPA 5 in both SSC and HSC exams sat for admission tests in DU, but 56.12% of them failed to attain the passing marks. For the 2012-13 academic session, the failure rate among GPA 5 achievers was 55%, while it was 53% for the 201112 academic session. The universitys Professor Emeritus Serajul Islam Choudhury said: The number of GPA 5 achievers in SSC and HSC levels is increasing dramatically every year. But the performance of these students proved that quality of education is not improving, rather the quantity of GPA 5 achievers is increasing only. Monju Ara Begum, principal of Viqarunnisa Noon School and College that has a longstanding reputation for good results in SSC and HSC exams, told the Dhaka Tribune that the quality was obviously not increasing with the quantity. It has become very easy to get a good GPA in SSC and HSC. Most of the students are doing very selective study in these levels. Without having clear and vast knowledge, when they are seating for a competitive exam like university admission test, they cannot pass, she added. l
Street lights are on in broad daylight at Dhaka University at a time when the country is struggling to meet the demand for electricity, thanks to the DCC
Winners Vote Runners up vote Cancelled votes Difference of votes 13,424 13,262 1,637 162 24,369 23,602 5,565 767 32,435 31,226 4,705 1,209 50,778 49,613 3,928 1,165 61,533 59,663 5,753 1,870 24,924 23,716 3,671 1,208 25,716 23,991 4,748 1,725 67,990 65,285 6,871 2,705 84,719 75,324 15,931 9,395 35,207 30,560 7,360 4,647 38,503 32,528 8,466 5,975
INSIDE
Business
B1 Bandwidth importers are selling internet service at less than half price, apparently offering challenges to the state-monopoly Bangladesh Submarine Cable Company Limited (BSCCL) that already lost 26% of its market share in only four months period.
News
5 Chandrima Udyan, also known as Zia Udyan, has become a den of antisocial and criminal activities keeping at bay the city dwellers from visiting one of the very few eyesoothing green spots in the capital.
Op-Ed
11 The minister of industries recently said that no state-owned mills or factories would be privatised by the present government. This is indeed disturbing and shocking news as far as governance is concerned.
Entertainment
12 Marking the Martyrs Day and the International Mother Language Day, Bangladesh Shilpakala Academy initiated a colourful cultural programme on February 21 at their open air premises.
SLH/DT INFOGRAPHIC
Total cancelled vote 461,383 Total 35 upazila with more than 5000 vote cancelled
Total vote cast in 97 upazilas 10,270,853 Total legal vote 9,895,320 Total cancelled vote 375,533
Election 2014
Election 2009
2
LGSP II FUND MISAPPROPRIATION
DHAKA TRIBUNE
News
As farmers hardly find any respite from their daily hard work the tolling masses of Daitala village at Sadar upazila of Jessore take out a unique cow-cart procession to rejoice over their harvesting yesterday BANGLAR CHOKH
Inadequate human sludge management 3 cut under train in capital n to undermine success: Experts
Tribune Report
n UNB
Experts at a dissemination workshop yesterday presumed that inadequate human sludge management system in Bangladesh would undermine the success of open defecation reduction, which was possible due to significant investment for improving sanitation during past two decades. They said maximum human sludge is being plunged into water without safe emptying, transportation, dumping, treatment and disposal mechanism in the country that might pose threat to national health security, said a press release. WaterAid Bangladesh, Practical Action Bangladesh and ITN BUET jointly organised the workshop and dialogue titled Faecal Sludge Management at the ITN BUET Seminar Room. Researchers, professionals, city corporation and WASA officials and activists took part at the dialogue on three action research projects the topic. Bangladesh had reduced the open
defecation significantly to 4.4 percent in 2010 from 43 percent in 2003 that is a remarkable achievement, notably much better than other South Asian countries. The research project was jointly conducted by WaterAid Bangladesh with Practical Action Bangladesh and Faridpur Municipality at Faridpur to
One of the Millennium Development Goals of Bangladesh was to provide sanitation for 100 percent population by 2015
find sludge management solutions for rural and small town areas of Bangladesh. Interestingly, the research findings show that Faecal Sludge Management is doable, effective and affordable for high to low-income people without
affecting the existing toilet technology. The experts opined that human waste materials can easily be co-composted to form a safe and stable soil conditioner for use in agriculture, which has also potentiality to generate revenue from sale of compost and provision of a sludge removal service. Dr Md Khairul Islam, Country Representative of WaterAid Bangladesh, said one of the Millennium Development Goals of Bangladesh was to provide sanitation for 100 percent population by 2015. Although significant improvement has been occurred, it will be a challenge for the government to keep the achievement in track without ensuring safe management of human sludge, he added. Islam expected the outcome of the research makes an innovative contribution to knowledge around sludge management and tackles the situation of urban or peri-urban areas with high development density and little physical space for technologies. l
A woman was ran over by two trains one after another in capitals Khilkhet yesterday. Quoting witnesses, Sub-Inspector of Kamalapur General Railway Police Nazrul Islam said the woman fell victim while crossing the railway tracks around 8am. She first lost one leg under a Sylhet bound train, Parabat Express, and remained trapped on the railway track for around 15 minutes when another train, Rajshahi-bound Dhumketu Express, ran over her killing her on the spot, he said. Although a number of people witnessed the accident none went forward to rescue her despite her screaming in pain, he added. Upon information, members from the GRP went to the spot and sent the body to the Dhaka Medical College Hospital morgue. The deceased was wearing a salwar-kameez and a burka, however, her identity could not be known immediately. Police assume that she might be around 40-year-old, said the SI. In another incident, a student of
University of South Asia, Aminul Islam, came under a train in Abdullahpur in the afternoon. Son of Abdul Kader Sheikh of Sirajganj, Aminul Islam was a resident of capitals Fayedabad in Dakkhinkhan and a fourthyear student of Computer Science. Nazrul Islam said 26-year-old Aminul fell under the wheels of a train around 1:30pm while crossing the railway at Kotbari in Abdullahpur. A businessman Md Moinuddin, 45, of Dhalpur was killed being hit by a CNG-run auto-rickshaw in capitals Jatrabari in the morning. Police and witnesses said a speeding auto-rickshaw hit the businessman from behind while he was crossing the road around 11am. Dayen Uddin, younger brother of Moinuddin said his elder brother was a window grills trader based in Dhalpur and was on his way for a personal work. Body of an unidentified youth was recovered from Kamlapur Railway Terminal. GRP said the youth fell under the wheels of an unknown train sometime during night and his body was recovered around 8am. l
According to former election commissioner M Sakhawat Hossain, if not cancelled, such a huge number of votes might have had an impact on the results. In the last elections, the number legal votes cast in these 97 upazilas was 98,95,320 while that of cancelled votes was 3,75,533. This year, the number of legal votes was 96,52,584, while that of annulled votes was 4,61,383 marking a rise of nearly 86,000. There is something definitely wrong. Our voters are neither that illiterate nor are all of them voting for the first time, Sakhawat said. Explaining why there were so many cancelled votes in the 2009 election, Sakhawat, who was then a commissioner, said the quality of the ink used was not very good; it took too much time to dry up. Analysing the results of the recently concluded upazila polls, the Dhaka Tribune has found that in at least 12 closely contested upazilas, the number of annulled votes was much higher than the difference in votes got by the winners and the runners up. In at least eight other seats, the number of cancelled votes was more or
less equal to the difference in votes got by the top two contenders. In 35 upazilas that went into polls last week, at least 5,000 votes were cancelled in each of them. In Golapganj upazila in Sylhet, the number of cancelled votes was 5,565 while the difference between the winner and the next one was just 767. In Khagrachhari sadar, the upazila that saw the hardest fight this year, the difference in vote was just 162 while the number cancelled votes was 1,637. Rokhsana Khondker, steering committee member of the Election Working Group, said: Definitely, the huge number of cancelled votes could have had an impact on the results, especially in those upazilas where the difference was less than the cancelled votes. A number of officials, who were directly involved in conducting the elections, told the Dhaka Tribune that there were many reasons why votes could get cancelled. Nasima Khanam, assistant returning officer of Palash upazila in Narsingdhi, said votes could get cancelled if the seal fell on multiple symbols. Voters carelessness also contribute such huge number of cancelled votes. Mohammad Rokab Ali Dewan, upazila election officer of Nachole in
Chapainawabganj, said: If those votes were not cancelled, the scenario could have been different. Then again, it does not mean that all the cancelled votes went to one particular candidate. Kamrul Hasan Bhuyan, presiding officer of the Kawra Government Primary School polling centre in Kendua of Netrakona, said 75 votes were cancelled in his centre. At my centre, voters got confused between the steamer and the aeroplane symbols because these two looked similar to many. Some of the votes were cancelled because the ballot papers were not properly folded and some got torn. Instances of the common problem of wrong or multiple stamping was also there, Kamrul said. According to Rokhsana Khondker, some of the first-time voters might not know how to vote. It might also be the case that some people went to cast fake votes and made mistakes in a hurry. Former election commissioner Sakhawat Hossain said there should be proper investigation into why such a huge number of votes got cancelled. There should be investigation into technical issues such as whether the voters were properly educated; the quality of the ink used in the stamp and the seal; spacing between symbols in ballot papers; and so on. l
president Abdul Halim Ukil and general secretary Moksedur Rahman Lebu. Two policemen also sustained injuries as they tried to bring the situation under control, reports our correspondent. At Sonagaji of Feni, Jubo Dal and Awami League men fought each other. Some 15 persons including passers-by sustained injuries in the incident at Sonagazi Bazar around 11am. In Chittagong, police in an overnight drive nabbed six activists of Jamaat-Shibir from Satkania upazila yesterday for their alleged involvement with subversive activities in the area at different times. Md Khaled Hossain, officer-in-charge (OC) of Satkania police station, said they detained the six from Sadaha union under the upazila as they were accused in several cases lodged with the police station for attacking law enforcers, arson, vandalism and conducting sabotage. At least 10 persons including five policemen were injured during vandalism of shops by the BNP men at Char Rouha Bazar under Satpua union of Sarishabari upazila of the district Friday evening. Locals said Altaf Hossain, a UP member and BNP activist, was locked in an altercation with former member
of the same union Maznu Miah, an Awami League activist, after he (Maznu) had protested the harassment of some AL activists by the BNP men after the ruling party-backed chairman candidate was defeated in the upazila election held on February 19. In Natore, Awami League men harassed Altab Alis daughter. Altab hails from village Matsayapara of Bildahar area of Singra upazila. His house was also vandalised. The 17-year-old girl claimed that their house was attacked as her father was a BNP activist while local AL men said they protested against anti-social activities run by the family. Meanwhile in Pabna two separate cases were filed against 34 BNP Jamaat men including the newly elected upazila chairman over Fridays violence in Atghoria upazila. Earlier at least 10 people were injured while five houses and two motorbikes vandalised in a post-poll clash between Awami League and BNP Jamaat in Jumaikhiri village of Atghoria upazila under the district. Md Rafikul Islam, resident of the village, filed a case accusing eight BNP Jamaat men for attacking his house and setting fire to it. Officer-in-Charge Md Monirul Islam of the Atghoria police station said the
PAGE 1 COLUMN 5
Hackers loot
accused were on the run. In Char Fassion upazila under Bhola district, local Jubo League and Chhatra League activists on Saturday night swooped on the electioneering by the BNP-backed candidate and his supporters. The attack left at least 20 persons including four newsmen injured. Officer-in-Charge Abul Bashar of Char Fasson police station confirmed the incident.
Bangladeshs banking sector is now standing on a strong base and it has witnessed a massive expansion what we need now is to ensure quality services for people, he added. Deposit collection was not the only duty of banks, Muhith said, adding that the prime responsibility of the banks was to use the idle money properly. In this regard, he suggested bankers use their own innovative business ideas. According to the Sonali Bank officials, the recovery of banks default loans significantly improved in 2013 as it realised default loans worth Tk5,176 crore. Sonali Bank has also declared 2014 as the year of business development and recovery of default loans. l
DHAKA TRIBUNE
News
3
Shun violence, PM suggests Khaleda n Emran Hossain Shaikh
Prime Minister Sheikh Hasina yesterday called on BNP leader Khaleda Zia to shun agitation as her party had joined the upazila poll under the government and got better result than the Awami League, claiming Khaledas movement as destructive activities. The first phase of upazila election has held free and fair and the BNP got more chairman posts than Awami League. We have proved that Awami League could hold free and fair polls. So, you [Khaleda] should no longer press for agitation, the premier said while addressing a party meeting on the occasion of International Mother Language Day. It does not matter who has won, the matter is that fair election was held. You [Khaleda] have said our government is illegal and you will not accept our government and will not join polls under the government but you have joined the upazila election, Hasina said. She also said once Khaleda termed upazila system illegal, but she accepted the system and joined the poll. Hasina also blamed Khaleda for besmirching the countrys image globally through writing fake article in international media. Sheikh Hasina also blamed former president Ziaur Rahman as the killer of Bangabandhu Sheikh Mujibur Rahman. Awami League leaders Tofail Ahmed, Matia Chowdhury, Yousuf Hossain Humayun and Dhaka University Vice-Chancellor AAMS Arefin Siddique were present at the meeting. l
Former chief justice ABM Khairul Haque speaks at a roundtable discussion on the threat of militancy in Bangladesh, at Radisson Hotel in the capital yesterday RAJIB DHAR faq Ilahi Choudhury, registrar of East West University. Mentioning the murder case of blogger Rajib, he said some derailed students of a private university who were involved in the murder did not even hold the guilt as they were so blinded by these militant groups. The USA had tried heart and soul to keep Jamaat-e-Islami in the 10th National Parliamentary Election held on January 5, which indicates the level of their patronisation towards Jamaat, said Shahriar Kabir . Sultana Kamal, chairperson of Transparency International Bangladesh, said the presence of militancy in this sub-continent was the result of international politics. However, in the case of Bangladesh, the patronisation and lenient attitude of the two major political parties had made it easier for militancy to grow in the country. Sarwar Ali, a trustee of the Bangladesh Liberation War museum, said: In the case of their [USA] own people they do not tolerate terrorism, whereas for other countries they patronise militants. Such a policy is highly self-contradictory and harmful for humanity. In 1999, Bangladesh experienced militancy for the first time, said Major General (Retd) Abdur Rashid. However, Jamaat showed its true colours as a militant outfit after the
Mixed opinions among AL Dhaka city leaders after decision to split city unit
n Emran Hossain Shaikh
A large number of leaders of the Dhaka city unit of the ruling Awami League have expressed discontent over the partys decision to split the city unit into two, although the mid-level leaders who are interested in securing key posts in the bifurcated units have argued for the setting up of fresh committees as soon as possible. Since the last council of the Awami Leagues city unit on December 27, 2012, no committee for city unit had been formed, while the partys central leadership remained undecided on whether to divide the city unit. However, the Awami League Central Working Committee meeting on February 12 approved the splitting of the city unit. The city unit leaders who are against the split said the division might cause the party to lose its control in the capital. Sources inside the city unit said around one-third of the committee members, as well as some leaders of the thana and ward units, were against the bifurcation. Mofazzal Hossain Chowdhury Maya, general secretary of the city unit, also wanted a united unit for Dhaka city, said a number of mid-level leader, seeking anonymity. A joint secretary of the city unit, who is also a contender for the new committee, told the Dhaka Tribune: Maya Bhai considers that he will be the president of Dhaka City Awami League whether it is divided or not, and he wants to be the president of the whole city. Meanwhile, refusing to comment on the issue, Maya, who is also the disaster management minister, said: Officially the decision has not come out, so now I am not interested in expressing my opinion. When the party will disclose it, I will comment about the issue. He said the council had given power of attorney to party President Sheikh Hasina to make any decision in favour of the city unit. On the other hand, several city unit leaders said they wanted the unit to be split for the strengthening of the committee and easing of its mobilisation, as it was tough to maintain the megacity with singular leadership. Many people would get the chance to criticise the government if they failed to divide the party unit like the bifurcation of the Dhaka City Corporation, they added. Blaming the city unit leaders who are against the split for delaying the formation of the new committee, the pro-split leaders said consent among some key leaders would have resulted in the formation of a fresh committee immediately after the last council in December 2012. Awalad Hossain, joint secretary of the city unit, said the leaders wanted a new committee as early as possible, irrespective of whether it was split or not, to tackle future movements by BNP Jamaat. We respect our [party] President Sheikh Hasinas decision. We will welcome any kind of decision by her, whether it is for one or four portions, said Awlad. Echoing Awalad, the city units Organizing Secretary Shahe Alam Murad also said the leaders would welcome any decision made by the party chief. Sources said many aspirants are trying to boost their chances of securing a place in the new citu committee by communicating with party central leaders including Amir Hossain Amu, Tofail Ahmed, Sheikh Fazlul Karim Selim, Syed Ashraful Islam and Obaidul Quader Sources also said the city units acting President MA Aziz and General Secretary Mofazzal Hossain Chowdhury Maya were hoping to become president of the new committee. Furthermore, according to the sources, incumbent vice-presidents Kamal Ahmed Majumdar and AKM Rahmat Ullah, joint secretaries Advocate Quamrul Islam and Awlad Hossain, Organising secretaries Shahe Alam Murad and Syed Khokon, and Executive Committee member Aslamul Haque Aslam were trying to obtain vital posts on the next committee. The new committee may be formed after the end of the ongoing council of ward, union and thana units of the city, the sources added. l
Our party has some internal problems, but we are still united. We are trying to reorganise the party
Do not break bonds with the party for simple reasons. Otherwise the Jatiya Party will move ahead without you. Asked about whether JaPa is divided into two factions, Ershad told the Dhaka Tribune the party had some internal problems, but it could not be said JaPa was split into two. The leader said only the 30 lawmakers did not constitute the Jatiya Party. It is a party of crores of people and I am all in all of JaPa. While the district unit leaders wanted that the 30 be expelled from the party, Ershad said he wanted to forgive them for now considering the importance of upazila election. Acknowledging the crisis in the party he said it was not a major crisis. The party would take to the street and seek votes in future, and thereby win, added the former president. Ruhul Amin Howlader said for the last three months, the central leaders were busy with the parliamentary poll-related issues. Since Rawshan is busy with parliamentary affairs, JaPa Chief HM Ershad and I will re-organise the party. l
Sweety Khatun, 17, shows her injury marks after being assaulted by local activists of Awami League for being a polling agent of a BNPbacked candidate, in Shingra of Natore yesterday. The attackers also tore down her house in the village DHAKA TRIBUNE
DHAKA TRIBUNE
News
US Ambassador to Bangladesh Dan W Mozena addresses a workshop of the US Society and Culture at the Senate building of Dhaka University yesterday
German Ambassador calls on politicians to curb climate change risks to reduce health costs
n
Tazlina Zamila Khan
Overall medical costs for the population of Bangladesh are likely to shoot upwards if climate change issues are not addressed immediately, said German Ambassador to Bangladesh Albrecht Conze. He made the remark at the launching ceremony of a book titled Climate Change and Bangladesh, launched at the Centre for Development Communication (CDC) at the capitals CIRDAP auditorium yesterday. People will be affected by different diseases that are born from environment pollution. The local politicians can play a key role in this regard. They can make a list of all the environmental diseases in order to find out the root causes and solve them, he said. For example, Diarrhoea is caused by consumption of unhygienic water. So, if local politicians take steps to ensure proper maintenance of the sewerage system, then the number of patients would also reduce, he said. The ambassador stressed the importance of ensuring proper health education to children and youth to reduce the risks posed by climate change. If your children are well aware of hygiene, waste disposal and behave responsibly from an early age, then the problem can be sorted, he said. Executive Director of the Institute for Environment and Development (IED) Noman Ahmed Khan said: The government should include the issues of climate change in the national curriculum to raise awareness among students. Speakers cited a statistic from the World Health Organisation that every year around 32,000 children and 14,000 women die because of the smoke generated from stoves in the kitchen. Bangladesh is at huge risk from climate change because of its huge population, its proximity to sea level and geographical location, speakers observed. Executive Director of the Centre for Development Communication Muhammad Jahangir edited the book. l
WEATHER
PRAYER TIMES
Fajar Sunrise Zohr Asr Magrib Esha 5:10am 6:25am 12:12am 4:21pm 5:58pm 7:14pm
Source: IslamicFinder.org
DHAKA TRIBUNE
News
Chandrima Udyan in the capital has given way to anti-social activities. The picture of the park shows shanties set up illegally as a shelter for various crimes
Fearing a possible disaster at the polls, the Yellow Panel leaders were trying to manipulate the polls
posts after the election, increasing examination allowances for teachers, and allocating houses as per the laws and regulations. The CUTA election is scheduled to be held today at the auditorium of the social science faculty from 9am to 1:30pm. Prof Golam Mohiuddin, convener of the White Panel, read out the written
speech while Prof Md Kamal Hossain presided over the press briefing. Citing the allegations, the convener said they had already submitted a written complaint to the Chief Election Commissioner seeking a ban on using cell phones in the polling booths. Fearing a possible disaster at the polls, the Yellow Panel leaders were trying to manipulate the polls through such kind of activities, he added. However, Prof Imran Hossen, convener of the Yellow Panel, brushed aside the allegations, saying that all these allegations were false, baseless, and fabricated. A total of 821 voters are expected to cast their votes, while some teachers had already exercised their voting power through advance voting held on February 18 and 20. Prof Mohiuddin is conducting the polls as the chief election commissioner. l
NEWS IN BRIEF
565 bottles of liquor seized in Sylhet
Members of Border Guard Bangladesh (BGB) in a drive seized 565 bottles of liquor from Majhertuk area of Companyganj upazila early Friday. BGB sources said being tipped off, a team of the border force conducted the drive in the area early in the morning and recovered 421 bottles of Indian liquor, 96 bottles of Tango brand liquor, 48 bottles of McDowell brand liquor and 59 bottles of Super String brand beer in an abandoned condition. The smugglers, however, managed to flee the scene sensing the presence of the BGB team. The market value of the seized goods was estimated Tk 8.62 lakh. The seized liquor and beer were handed over to the local Narcotics Control Department. UNB
Environmentalists from the Youth Coalition for Climate Justice form a human chain, demanding the introduction of a green tax to fight environmental pollution, in front of the National Press Club in the capital yesterday MAHMUD HOSSAIN OPU
Members of Border Guard Bangladesh (BGB) recovered two pistols, three magazines and 10 rounds of bullet from Kiranganj border in Shibganj upazila early Saturday. Major Sheikh Mizanur Rahman, deputy commander of BGB 9 battalion, said a gang of smugglers along with arms entered the countrys territory through Kiranganj border at about 2:30 am. Sensing the presence of the border guards, the smugglers managed to flee leaving behind the arms and ammunition. Later the BGB team recovered two pistols, three magazines and 10 rounds of bullet from the spot. UNB
DHAKA TRIBUNE
Feature
ies endowment fundraising drive. As a result of strong community support, Bangla language, along with content courses on the culture, history and the society of modern Bengal were being offered from 2005. But the programme struggled to stay afloat. Now with the new Chowdhury Center, the university is able to expand its scope of study. In addition to promoting and integrating interdisciplinary scholarship, the center will sponsor lectures and conferences, and provide three scholarships. Our mutual goal is to encourage study, research and programming around Bangladesh and bring the scholars working on Bangladesh under one umbrella, Ms Saxena said. Tonima Khan, a Bangladeshi-American alumnus of Berkeley who took almost all of the South Asian courses available when she was a student, said of the news: That is so exciting! We did not have anything focused specifically on Bangladesh when I was at Cal. Those courses focused predominantly on India and the subcontinent as a whole.
Students studying Bangla at Berkeley have varied backgrounds. There are heritage students from Bangladesh and West Bengal who probably heard Bangla being spoken at home grow-
New fellowships aim to ensure a next generation of scholars who will study and do research on Bangladesh
ing up, and who may or may not know how to speak or write it themselves. On the other end of the spectrum there are students who have no South Asian heritage and are being exposed to the Bangla language and culture for the first time. They have varying motivations, some want to conduct research, while others just want to be able to speak with their grandparents. l
Subir Chowdhury with Nicholas Dirks, chancellor of the University of California, Berkeley
CENTER FOR SOUTH ASIA STUDIES
To have an entire center dedicated just to the study of Bangladesh is incredible, because our language and
culture has so much depth and richness that a simple 1-2 lectures on Bangla lit doesnt do it justice.
ubir Chowdhury, the donor funding the Chowdhury Center for Bangladesh Studies, is a Chittagongian who ranks as one of the top management gurus in the world. Chairman and CEO of ASI Consulting Group, he is the author of 13 books including The Ice Cream Maker and The Power of LEO. Having a strong sense of philanthropy and patriotism, he has already established the Subir Chowdhury fellowship for quality and Economics at the London School of Economics where priority is given to Bangladeshi applicants. We caught up with Mr Chowdhury for a brief intervew.
erest, which is an amazing feat. She can be a fantastic leadership speaker in American universities. Very few Americans know that a Bangladeshi designed the Sears Tower, which became a structural engineering miracle.
Similarly, many people in Bangladesh dont know that an American researcher in UC Berkeley is making a contribution to eliminating the problem of arsenic pollution in Bangladesh. The purpose of this center is to feature
personalities and researchers from Bangladesh will be invited to come and talk.
You established three fellowships through your recent donation. What criteria would be used for selecting the recipients?
I made sure one graduate fellowship is provided for research on improving the quality of life in Bangladesh ... given on the basis of the merit of the proposal and how helpful the research would be for Bangladesh. I talked to scholars such as Amartya Sen who strongly supported my idea. The other fellowship will be given for work on womens issues because I feel that research and work on womens empowerment is essential to the development of Bangladesh. For the undergraduate scholarship, I made sure Berkeley committed to a dollar-to-dollar match.
struggling to raise money, and it immediately reminded me of my resolve. So I flew in right away and met with a lot of faculty members. I was completely blown away with their commitment.
What can be done to ensure stable sources of funding for more of such programs?
Governments can play a crucial role. The Indian government for instance established the Amartya Sen fellowship to honour the Nobel laureate, but in contrast, think what the government of Bangladesh did with Muhammad Yunus. In Bangladesh there are a lot of multi-millionaires and I hope they get interested to make donations and create fellowships under their names at different universities.
Why did you decide to establish the Center for Bangladesh Studies?
A lot of countries have their own centers here in the US, such as the Indian Center, but none exists for Bangladesh. The sad reality is Bangladesh is almost always portrayed in a negative light by the media. However, a lot of Bangladeshis are making many positive contributions in America, and in the same way Americans are doing a lot to help Bangladesh. So the question is: How can we reduce the gap between them, and I established this center with the hope of doing that.
The purpose of this center is to feature stories like these, and to promote crosscultural positivity
A lot of people here dont know that February 21 is International Mother Language Day because people in Bangladesh sacrificed their lives for the Bangla language.
stories like these, and to promote cross-cultural positivity. The center also plans to feature talks on the political situation in Bangladesh in a non-partisan manner. There will be annual conferences where eminent
What lessons are there in that story, not just for Bangladesh but for the world?
More than just a language. Bangla emerged as the very symbol behind the unification of a people and nation. While the state of Bangladesh is new and emergent on the political stage, Bengal as a nation can trace its cultural roots back thousands of years. The Bangla language is a living, breathing genetic code a dynamic representation of its rich history, shaped by its colourful Hindu, Buddhist, Persian, Islamic, and European influences of near and ancient past.
It is remarkable, even unprecedented that a national movement would rally around the banner of language. In the case of Bangladesh, this was not wholly surprising. The very nature of Bengals long history has been one of cultural openness and acceptance of religious and ethnic plurality. When the Pakistan government challenged this script by imposing one language Urdu, and one script Arabic in the name of national unity and religion, it was strongly rejected by
Today, Bangla is the seventh most spoken language in the world. It connects more than 190 million people, and can serve as a bridge to link Bangladesh with the broader region. With influences from its Hindu, Buddhist, Islamic, and European past, the Bangla language and culture is one that is truly global and international in scope. This holds tremendously positive implications for Bangladesh if it can harness its cultural goodwill and coordinate a geopolitical strategy to forge deeper and more meaningful economic relations with the broader region. Presently, the waters from the Indian Ocean to the Pacific serve as the worlds busiest hub of international trade.With all the benefits of language, religious and ethnic plurality, geography, and access to natural resources at its disposal, is there any excuse for Bangladesh not to thrive as a contributing member of the 21st century world community? A thousand years ago Bengal was the cultural and economic heart of South and Southeast Asia. Its time Bangladesh puts itself on track to enjoy the same levels of prosperity, prestige, and global inclusion it once enjoyed. l
Some children play with toys, some children make them. These child labourers make balloons (top, bottom right) and miniature aluminum pots and pans (bottom left) at Dhaka factories MAHMUD HOSSAIN OPU
DHAKA TRIBUNE
Career
Lawyers have to be extremely proactive and energetic. They have to sit with tonnes of research work to study and pour through past cases and laws
The bar exam has to be passed from abroad at present because it is not offered in Bangladesh. Since Bangladesh follows the British system most of the corporate lawyers and barristers appear for the bar exams in the UK. Sameera for instance passed her bar exam from Northumbria School of Law in Newcastle, UK. Another option is to become an advocate, which is more straightforward. You have to pass exams administered by the high courts in the country. Once completed, you will need to undertake an apprenticeship to become a successful advocate. As with most industries, it is a long way to the top and some serious hard work is required. Initially you have to practise as an associate at one of the private firms. From there you can rise up steadily with your effort and acumen. There is potential for growth and a lawyer can become the senior partner of that particular law firm or even move on to form one of his own. Either way, this will only be the beginning of a career of enormous fulfilment and satisfaction. There are certain skills that are a part of a lawyers armoury. A law student has to work a lot on self-development and be able to manipulate by talking. As Harvey Specter and Alan Shore from the TV shows Suits and Boston Legal respectively have emphasised, it is all about having a great chat a euphemism for the lawyers ability to talk. Not just talk, but talk fast and think seamlessly to make people say what you want to hear. All lawyers are debaters, and you must be able to convince your audience with in-depth analysis and articulated thoughts. Aside from interpersonal and communication skills, attention to detail is critical. They have to go through notes, documents and depositions tirelessly in order to find out incongruities and sore spots quickly and efficiently. The minutest detail may be of the utmost importance. Being able to see through words and meanings and written documents will be the foundation on which a lawyers career is built. In todays world, a high amount of importance is placed on a persons ethics and moral principles. While there is a joke that lawyers have none of the aforementioned principles, in actuality that is far from the truth. For example, attorney-client confidentiality is one of the most cited; no matter who your client is or whatever he or she has done, as the individuals or the companys lawyer, your job is to act in the best interest of your client. Your absolute loyalty to the party you represent until the court hearing is unquestionable, so you must have a trustworthy, faithful personality. Working in the private sector re-
payment to an employee as an incentive or reward Curriculum vitae - Summary of ones education and experience to date; resume Dismiss - Discharge from employment (to fire, to sack, to let go) Fringe benefits - Advantages offered in addition to salary (life insurance, retirement scheme, company car, etc.); also called perks, abbreviation for perquisites Make redundant - Dismiss for economic reasons Maternity leave - Period of absence for a female employee when having a baby Notice - Advanced warning of intention to leave ones job, to give or hand in ones resignation Personnel - People who work for a firm or company (employees) Personnel officer - Manager responsible for recruitment, training and welfare of personnel (employees) Prospects - Opportunities for success or promotion in a career Recruit - Look for and hire personnel Resign - Leave a job voluntarily Retire - Leave employment because of age Sick leave - Absence because of illness to be on sick leave Staff - People who work for a firm or department; employees Strength - Strong characteristic or particular ability Strike - To go on strike: to stop working in protest against something Take on - Employ or hire Trainee - Person being trained for a job Training course - A course of study to prepare for a job Unemployment benefits - Payments made by the state to an unemployed person Vacancy - A position to be filled Weakness - A lack of ability or a shortcoming in character
Avoid distractions
Communicate congenially
Once your research is up to par, communication is key. This does not only mean speaking well, but also speaking efficiently. In a crowd, you definitely have some allies and some adversaries. Figure out who is who, and speak in a way that you speak for all your allies too, to grab the most attention. The only way to getting as many people as possible to be on your side is to make them feel that your words are in fact their words, and that you stand in the same position facing the same difficulties. Communication is important not just during the discussion at hand but outside of it as well. Good communication expands your network and gets more supporters on your side for the next time you speak up. When speaking among a crowd it is important to tailor your speech in a way to make your words agreeable, and to wean out negativity altogether.
Try to add to the conversation instead of simply adding to the noise. Rather than regurgitating what has already been said, add something new and the crowd will listen. If the crowd realises that you are not adding anything of value, they will know not to pay attention the next time you have something to say. Think outside the box and choose your words carefully, make them valuable, courteous and important. Be precise and efficient and do not waste everybodys time.
We lose a few hours daily to distractions such as emails, Facebook, instant messaging, phone calls, helping out colleagues etc. This clearly prevents us from achieving the ideal workflow the work we do when we are 100% engaged in a task. So much as having a chat window open on another tab can distract our mind. To gain control of the day and do our best work, we need to minimise distractions and manage interruptions.
We have all experienced the sense of foreboding that we feel when the idea that we have forgotten something important keeps nagging us at the back of our heads; it is frustrating and gets in the way of critical thinking. It is surprising that more often than not, this feeling arises from not maintaining a to-do list and just storing all our plans in our head. Significant amounts of time may be saved with a simple to-do list, listed according to priority.
Be clear
Most importantly, make what you say clear and transparent. If people have to struggle to understand what your point is, you will soon lose their attention. Do not try to play it safe and create a grey area where you do not take a clear stand or make a definite argument. Being vague derails the entire discussion and makes succeeding discussions difficult.
Some of us often enthusiastically take on too much on our plate; this happens more often right after joining a new job. This may come from a desire to impress or an inability to say no to people. Either way, taking on too much can lead to poor performance, stress, and low morale. Another reason you might have this problem is if you are a micromanager and you insist on controlling every aspect of a project. Taking on too much work more often than not results in rushed, shoddy work. l
Research
Do not be obnoxious
Never underestimate the importance of conducting a very thorough research. When speaking in a crowd of equally talented and equally educated people, there is no way to survive against a fellow who has nailed his research work better than you have.
Do not go out of your way and try to do something outrageous to get attention. This may include butting in while someone else is talking, making outlandish claims against your policy simply to steal focus, heckling, or physically or verbally seeming ill-mannered and of a poor personality.
This is an extension of the previous point do not make the mistake of trying to take everyones side and agreeing with everyone. It is of utmost importance to be friendly and congenial, but if you agree with everyone all that does is create confusion. Take a clear stand so people know what you are talking about and do not be afraid to disagree with others. When speaking in a crowd, your words are your most powerful ally, and the most important tool to making you indispensable to the discussion at hand. Be yourself, be bold and be specific. l The writer is Bangladeshs first professional MUN trainer at Lighthouse Imperium
DHAKA TRIBUNE
International
Yanukovich abandons Kiev compound, Obama, Putin speak after Ukraine deal opposition demands vote by May
n Reuters, Kiev n AFP, Washington
Protesters seized the Kiev office of President Viktor Yanukovich on Saturday and the opposition demanded a new election be held by May, as the pro-Russian leaders grip on power rapidly eroded following bloodshed in the capital. Anti-government demonstrators entered Yanukovichs compound in the capital and were controlling the entrance, a Reuters reporter said at the scene. Security guards were present inside the building but were not trying to expel the protesters. The presidents residence outside the capital appeared to have been abandoned. Local media said protesters entered the sprawling grounds but it was unclear whether they were inside the building. Interfax said some security guards were present. A security source said the president was still in Ukraine but was unable to confirm whether he was in Kiev. Yanukovich, who enraged much of the population by turning away from the European Union to build closer ties with Russia three months ago, made sweeping concessions in a deal brokered by European diplomats on Friday after days of violence that killed 77 people, with central Kiev resembling a war zone. But the deal, which called for early President Barack Obama held constructive talks Friday with Russian President Vladimir Putin as he pressed for swift implementation of a deal to end Ukraines deadly crackdown on protesters. The phone call came at a prickly time in US Russia relations with both sides at odds over Ukraine, Syria and other issues, but also after Obama took pains to reject the idea that a new Cold War-style confrontation was brewing. A senior US official described the call as constructive, but also warned that the agreement reached in Kiev between the government and top opposition leaders was very, very fragile. Putin and Obama agreed that the Ukraine agreement needed to be swiftly implemented and that all sides needed to refrain from violence, as they also pressed for the need to stabilize the economy. The call touched on other issues as well, including Syria, where Russia backs President Bashar al-Assad, and the Sochi Winter Olympics. Washington had offered staunch support for protesters in Kiev, demanding political concessions from the Moscow-backed government of President Viktor Yanukovych and had warned of consequences if violence, which has killed 100 people, did not stop. The White House gave an initial welcome to the deal and praised European Union diplomats who helped to broker it. White House spokesman Jay Carney said the deal was consistent with what we have advocated in calling for a de-escalation of the violence, constitutional change, a coalition government and early elections. We call for immediate implementation of the initial steps an end to the violence, amnesty and security normalization, and passage of the constitutional package in (parliament) to provide space for the negotiations to begin on formation of a technocratic coalition government, Carney said. Vice President Joe Biden had called Yanukovych on Thursday, warning that the United States was ready to impose sanctions if he did not halt attacks by his security forces on demonstrators which have killed nearly 100 people. Yanukovychs dramatic decision to hold early elections and form a new unity government was met with caution by tens of thousands gathered on central Kievs main square. The deal was signed in the presence of EU envoys, Yanukovych and three top opposition leaders who included boxer turned lawmaker Vitali Klitschko. l
Protesters stand beneath a giant poster of jailed former Ukrainian Prime minister Yulia Tymoshenko as they attend a rally on Independence square in Kiev on February 21 AFP elections by the end of the year, was not enough to satisfy demonstrators, who want him out immediately after bloodshed that saw his police snipers shooting from rooftops. Parliament has quickly acted to implement the deal, voting to restore a constitution that curbs the presidents powers and to change the legal code possibly allowing his arch-adversary, jailed opposition leader Yulia Tymoshenko, to go free. l
Egypt court acquits police as Morsi goes back on trial n AFP, Cairo
An Egyptian court acquitted six police on Saturday of killing protesters during the 2011 uprising against Hosni Mubarak, as his now deposed Islamist successor Mohamed Morsi went back on trial. The acquittal of the six officers on charges of killing 83 protesters outside police stations in the Mediterranean city of Alexandria, came as a Cairo court resumed the trial of Morsi on charges of plotting violence during the revolt. Morsi was toppled by the military in July last year following mass protests demanding his resignation. Since then he and his Muslim Brotherhood have been retroactively accused of committing much of the violence during the anti-Mubarak uprising. Morsi, and 130 other defendants including Palestinian and Lebanese militants, are now being tried for organising jailbreaks and attacking police stations during the revolt. Saturdays hearing was the second of the trial, after an opening hearing in January. It is one of three faced by Morsi. Nearly 850 people died during the 18-day uprising that toppled Mubarak, most of them on January 28, 2011, when protesters battled the then-despised police. l
n Agencies
Chinas foreign ministry has summoned a senior US embassy official in China after US President Barack Obama held low-key talks with the Dalai Lama at the White House despite warnings from Beijing the meeting would damage ties. Chinese Vice Foreign Minister Zhang Yesui summoned Daniel Kritenbrink, charge daffaires of the US embassy, on Friday night. China expressed strong indignation and firm opposition to the erroneous acts of the US in interfering in Chinas internal issues, Zhang
said in the statement, the Reuters news agency reported. The talks between the Dalai Lama and Obama went ahead on Friday, despite China warning against the visit and urging the US to cancel it. Beijing considers Tibet an integral part of its territory and regards the Dalai Lama as a separatist. The Tibetan spiritual leader has lived in exile in India since 1959 after a failed uprising against Chinese rule. Tibetan issues fall purely into the domestic affairs of China, Zhang said in the statement. The US has no right to interfere.
A poster of Venezuelan late President Hugo Chavez remains near a burning barricade during an anti-government demo, in Caracas AFP
n AFP, Washington
US Secretary of State John Kerry on Friday condemned Venezuelas unacceptable use of force against anti-government protesters, and declined to respond to a call from Caracas for bilateral talks. The governments use of force and judicial intimidation against citizens and political figures, who are exercising a legitimate right to protest, is unacceptable and will only increase the likelihood of violence, Kerry said in a statement. Despite calls from Venezuelas democratic opposition and the international community, the government of Nico-
las Maduro has confronted peaceful protesters with force and in some cases with armed vigilantes claiming to support the government, the top US diplomat added. It has imprisoned students and a key opposition figure. It has limited the freedoms of expression and assembly necessary for legitimate political debate. He pointed to Maduros moves to tighten media restrictions, after CNN said several of its journalists working in Venezuela, on both Spanish-language and English-language programs, had seen their press credentials revoked or refused. In a move filled with anti-US senti-
DHAKA TRIBUNE
International
n Tribune Desk
Attacking Rahul Gandhi for his push to anti-corruption bills recently, Bharatiya Janata Party (BJP) yesterday said he was a late entrant in the anti-graft bandwagon and his effort was not genuine as he never spoke earlier on the issue even when several scams took place during the UPA rule. A day after the extended winter session of Parliament ended, BJP leaders Sushma Swaraj and Arun Jaitley told a joint press conference that the pendency of some anti-corruption bills was due to Congresss failure and not because of the the 0pposition. Swaraj, leader of opposition in the Lok Sabha, said normal functioning of Parliament was scuttled by Congress members but the ruling party had no control on them. On Rahul Gandhis push to the anti-corruption bills recently and his attack on the opposition, Jaitley, leader of opposition in the Rajya Sabha, said, He is a late entrant in the anti-corruption bandwagon. He never spoke on corruption in the last 10 years. But now he says corruption is our (Congresss) issue. Swaraj added that Rahul was not even genuine in his efforts. She said there were several scams during the UPA government but the Congress vice-president never spoke
9
Pakistan: Bomb kills three, airstrikes kill 9 n AFP, Peshawar
A roadside bomb targeting a local leader of a nationalist party in northwest Pakistan killed three people and wounded two others Saturday, police said. The incident took place in Buner district in the troubled northwestern province of Khyber Pakhtunkhwa, close to Swat Valley where Taliban insurgents shot schoolgirl Malala Yousafzai in the head. Police said the remote-controlled bomb hit the vehicle of Adalat Khan, a local leader of nationalist Qaumi Watan Party, killing him along with two associates. Adalat Khan and his two associates have been killed. Two others in the car were critically injured, Asif Iqbal, a senior police official told AFP. No militant group has yet claimed responsibility for the attack, but a local intelligence official told AFP that Khan had supported an Anti-Taliban village militia in 2009. The head of that militia was later killed in a suicide attack in November 2012. Separately, at least nine militants were killed on Saturday when Pakistani gunship helicopters pounded Taliban hideouts in Thall village in Hangu district, near the tribal areas where militants linked to the Taliban and Al-Qaeda have strongholds, a security official told AFP. Gunship helicopters engaged the hideouts after confirmed reports of the terrorists presence, the security official said. These were the second air attacks against Taliban militants this month in retaliation at strikes by insurgents, which have derailed peace talks. At least 30 militants were killed on Thursday after Pakistan jets carried out airstrikes on Taliban hideouts in the northwest. l
There were several scams during the UPA government but the Congress vice-president never spoke on it
Swaraj and Jaitley termed as hypothetical a question whether the party will extend support if the government chooses the ordinance route on enacting the anti-corruption laws. There is no question of supporting or opposing the ordinances ... now there will be no session (of Parliament). If we come to power (at the Centre), we will make changes in the measures, Swaraj said. Jaitley said the just-concluded winter session of Parliament needs to be prorogued before ordinance can be promulgated. l
Narendra Modi The unresolved border dispute has soured bilateral relations which are often prickly and marked by mutual distrust the legacy of a brief, bloody border war in 1962 over Arunachal Pradesh. The border dispute flared again last April, with India accusing Chinese troops of intruding deep into Indian-held territory, sparking a threeweek stand-off that was only resolved
WIIKI
when troops from both sides pulled back. The countries have since signed accords and held meetings to maintain peace on the border. Modis latest attack on China is likely to ruffle feathers in the neighbouring country, which has also been criticised for its aggressive claim to almost all of the South China Sea. l
Park Yang-Kon (R) of the South bids farewell to his brother Park Yang-Soo (L) of N Korea as he prepares to depart Mount Kumgang on the third and final day of the first group of family reunions between the two Koreas yesterday AFP
Thai protesters turn in US general: China and Japan need SIM cards seen linked to dialogue to avoid miscalculations n Yinglucks family
AFP, Beijing
n Reuters, Bangkok
Some Thai anti-government protesters followed the advice of their leader on Saturday, shunning products of firms linked to the family of Prime Minister Yingluck Shinawatra and handing back cell phone SIM cards. The protesters have blocked main Bangkok intersections with tents, tires and sandbags, seeking to unseat Yingluck and halt the influence of her billionaire brother, Thaksin Shinawatra, an ousted former premier regarded by many as the real power behind the government. This week, they targeted businesses linked, or once linked, to the Shinawatra family, sending stock prices tumbling and on Saturday some answered protest leader Suthep Thaugsubans call to return their SIM cards belonging to mobile phone company Advanced Info Service Pcl (AIS). The company promptly sent a text message to clients saying it no longer had any connection with the Shinawatra family. AIS is not involved in politics and is not a pipeline for any side, it said. Dr Thaksin and family have already sold all shares in the company since 23
January, 2006, and from then are no longer connected with the company. Aunjit Wongsampan, 65, lined up in central Bangkok to hand in her SIM card. I think the signal is poor and I am changing it because the company is too wealthy, she told Reuters. When shown the companys text message, she said: I dont believe them any more. I have made my choice. Yinglucks supporters denounced the targeting of business when the protests have already taken a toll on the economy, on tourism in particular, with arrivals in Bangkok sharply down. What we dont like right now is their involvement in threatening companies on the stock exchange that is not involved with government, Tida Tawornseth, chairwoman of the United Front for Democracy against Dictatorship (UDD), told Reuters. Its a move away from government into business. The UDD, a protest movement largely made up of red shirt Thaksin supporters based in the populous north and northeast, is holding a meeting of its leaders from across the country on Sunday in Nakhon Ratchasima, northeast of the capital. l
US Army Chief of Staff Ray Odierno on Saturday said Beijing and Tokyo must enhance communication to avoid miscalculations amid a simmering territorial dispute over islands in the East China Sea. Odierno, a four star general, spoke during a visit to China where he has held talks with military officials aimed at establishing a formal high-level dialogue between the US and Chinese armies in the coming months. We reinforced the importance of dialogue and discussion between the Japanese and the Chinese regarding this issue, Odierno told reporters. We have to be careful and ensure that there are no miscalculations along the way. Tokyo and Beijing are locked in a bitter territorial row over Japan-controlled Senkaku Islands in the East China Sea which China also claims and calls the Diaoyu. Tensions between the two nations dramatically intensified after Japan nationalised some of the islands in September 2012, with ships and aircraft from both countries regularly patrolling waters around the contested territory. The dispute has also on occasion come perilously close to boiling over into armed clashes.
Last February, Japan accused a Chinese frigate of directing a weapon-targeting radar at a Japanese warship in the East China Sea. We do have a treaty with Japan, a defence treaty, but the most important piece is that we in fact emphasise the importance of this continued dialogue to solve this problem, Odierno said.
Last February, Japan accused a Chinese frigate of directing a weapon-targeting radar at a Japanese warship
Dialogue between China and Japan, however, has come to a virtual standstill as the island dispute has intensified. Chinas President Xi Jinping and Japanese Prime Minister Shinzo Abe have never held a formal bilateral summit, only short encounters at global and regional meetings. The prospects for dialogue dimmed further in December when Abe visited Tokyos Yasukuni Shrine which honours Japans war dead including convicted war criminals who were executed at the end of World War II. Beijing views the shrine as a symbol of Japanese war-time militarism and
Tokyos lack of repentance for atrocities committed in the last century. On Wednesday, Japans Jiji Press quoted Captain James Fanell, intelligence chief for the US Pacific Fleet, as telling a forum that China has tasked its military to become capable of conducting a short sharp war to destroy Japanese forces in the East China Sea. Odierno, however, dismissed such reports when asked to comment. Ive seen no indications of that at all, he said. Odierno was scheduled for more talks on Saturday, travelling to Chinas Shenyang Military Region, which borders North Korea. For me, we had frank, honest, important discussions about security, stability in the Asia-Pacific region as well as beyond, he said of discussions in Beijing. But Odierno emphasised that the talks centred on establishing army-to-army dialogue and were spurred by meetings held between Xi and President Barack Obama last year. The United States and China agreed to set up a direct telephone link between the two countries defence ministries in 2008 but it has yet to be tested in an emergency. In December, a US-guided missile warship, the Cowpens, had to make a sharp turn to avoid colliding with a Chinese naval ship that cut in front of it, according to the Pentagon. l
Taiwan ex-officers jailed for recruiting spies for China n AFP, Taipei
A Taiwanese court on Friday sentenced two former officers to ten months in prison for helping to recruit spies for China. Ex-navy lieutenant Chien ChingKuo was convicted of violating the national security law along with Lu Chun-chun. Lu recruited Chien to join the Chinese Communist Party with a paid overseas trip and cash gifts in 2009, said the Kaohsiung district court in southern Taiwan. According to the court, the pair had arranged for several officers to go on overseas tours paid by Chinese officials in a bid to recruit them to spy for Beijing. This included a former commander in charge of political warfare at the navys meteorology and oceanography office, who agreed to collaborate. Chien was discharged by the navy in 2009, while Lu retired from the militarys missile command centre in 2005. Lus sentence was suspended for three years on the ground that he has no prior criminal record, the court said. In a separate trial, Chien was sentenced to three years in prison last year for leaking confidential military information to China, including some of Taiwans warship deployments and missions. l
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DHAKA TRIBUNE
Editorial
LETTER OF THE DAY
Letters to
the Editor
Death of democracy
February 15 I believe I speak for many others when I say that we believe from now on, January 5 can be observed as D Day (death of democracy), because on that day, the people of Bangladesh lost their basic rights. They became just like floating debris, and do not count anymore. Everything is controlled by the people who have power, who, if they wish, can turn nights into days, and vice versa. They have formed the new government in a most unusual and objectionable way. We feel suffocated, as if the whole nation has become a prison. The sons of this soil made supreme sacrifices to give us a free land, yet we are shackled in fear and dismay, not knowing what the future holds for us. The January 5 election is not acceptable in any sense, so an inclusive election under a CTG must be arranged immediately. The people of Bangladesh deserve no less. Nur Jahan
Positive turn in attitude towards mutual engagement will help both countries
Jihadology hosted in US
February 16 If this is an As Sahab media production, then how come there is no TV station name mentioned under its logo? Elizabeth D Costa
Be Heard
Write to us at: Dhaka Tribune FR Tower, 8/C Panthapath Sukrabad, Dhaka-1207 Email us at: letters@dhakatribune.com Send us your Op-Ed articles: opinion@dhakatribune.com Visit our website: www.dhakatribune.com Come join our Facebook community: https://www.facebook.com/DhakaTribune
he music industry in Bangladesh is saturated by pirated CDs and downloads. Although people enthusiastically celebrate the national language and culture every Amar Ekushey, less attention is paid to improving the economic prospects for artists and authors. Law enforcing agencies have to become more active in protecting copyright. Even though there are some legal websites for download which share proceeds with musical artists, these are overwhelmed by readily available illegal products. Musicians are hence left with essentially only being able to earn a living from live performances, however popular their records. Rampant copyright infringement is cheating creators of their right to profit from their work. The existing Copyright Act must be effectively implemented. More active participation by law enforcement is crucial for reducing piracy, as is the need to raise awareness among the public. The government must do more to guarantee that creative minds can receive their dues. Action should be taken against major sites that encourage illegal downloads. We understand that enforcing such laws is made more difficult by technology and content theft will always exists to some degree, but throwing up our hands is not the answer. The law must give artists more ability to protect their content. Otherwise, we risk heading towards a situation where the music industry may die out since there is no way for artists to make a living. We have plenty of talented artists in Bangladesh and they deserve more protection of their creativity.
PEANUTS
CROSSWORD
ACROSS 1 Roman garment (4) 4 Frolics actively (5) 9 Female sheep (3) 11 Disorderly flight (4) 12 Frozen shower (5) 13 Not any (4) 14 Poker stake (4) 15 Build (5) 19 Foreign (5) 21 Saucy (4) 25 Leave out (4) 26 Banishment (5) 28 Money drawer (4) 29 Weep convulsively (3) 30 Bullock (5) 31 Seeks charity (4) DOWN 1 Examine (4) 2 Night bird (3) 3 Farm birds (5) 5 Much ornamented (6) 6 Satellite (4) 7 Gamble (4) 8 Precipitous (5) 10 Metal (5) 16 Disconcert (6) 17 Quotes (5) 18 Blemishes (5) 20 Clamour (5) 22 Send out (4) 23 Annoy (4) 24 Fly traps (4) 27 Ships record (3)
SUDOKU
YESTERDAYS SOLUTIONS
Crossword
How to solve Sudoku: Fill in the blank spaces with the numbers 1 9. Every row, column and 3 x 3 box must contain all nine digits with no numberrepeating.
Sudoku
DHAKA TRIBUNE
Op-Ed
11
FR Khan, my engineer
W
n Yasmin Sabina Khan
hen I was a young girl, around eight or nine, my father made up a math game for us to play in the car. He would think of a number (say, 6) and I would figure out how he had reached that number using a certain number of 4s, for example. That is, how to get to 6, using four 4s. (The answer is [4+4]/4 + 4 = 6.) These puzzles, as I remember them, were difficult enough to be challenging but suited to my abilities so that they could be solved fairly quickly. Most important, this car game was fun. My father had a talent for making learning fun, and he seems to have been able to infuse work at SOM with interest and enjoyment in a similar fashion. When I was writing my book about him, Engineering Architecture: The Vision of Fazlur R Khan, the stories I heard from his former colleagues consistently recalled this aspect of working with my father. When he explained the tubular system in the early 1960s, an architect involved in the design of ChestnutDeWitt Apartments in Chicago, the concrete building that initiated the framed tube, told me: It seemed really exciting ... he was full of creative ideas. Engineers felt the same way. My fathers enthusiasm for each new system, they recalled, was irresistible. Near the end of his life he had a chance to look back on his life and career for an oral history project. A recording was made over two days as he talked about his childhood, his university experience, and his years at SOM. He credited my grandfather, in particular, with encouraging him as a boy. He must have recognized that my father, though not an eager student as a young child, was quite bright; in any case, he assumed responsibility for guiding his education. My father fondly remembered the time they spent together over the years. It seems that the schoolwork they spent the most time with was math; my grandfather would make up additional problems for my father to solve, or suggest nuances to a particular problem. Approaching homework exercises in this way, rather than just solving given problems, imbued them with greater interest. I always had a feeling, my father recalled, that I was somehow enjoying it beyond the curriculum requirement. Learning was a pleasurable experience; it also prepared him for critical thinking later on. One of the personal strengths that influenced his career, I believe, was the confidence and self-assurance he acquired during the first 30 years of his life. By this I have in mind both his personal grounding and his educational training. As a youth he developed a perspective on life that would serve him well, and in his 20s he strengthened this personal footing by traveling and meeting people of different cultures and different backgrounds, listening to music, reading widely, from existentialism to writings about beauty, and learning about art (during a visit together to New York one summer, I was amazed by his familiarity with the paintings we saw at the Guggenheim). He built on his academic training in a similar manner. After earning his bachelors degree, he returned to the Engineering College in Dhaka to teach structures and applied mechanics. He found that he could communicate with the students in a way that sparked their interest he, in turn, was rewarded by the bright sparks in students eyes when they grasped a new concept. Clearly he understood his subject, and yet he decided to pursue graduate studies. Two scholarships brought him to the United States for three years study at the University of Illinois at UrbanaChampaign. Making the most of his time there, he took enough classes to earn two masters degrees, along with a PhD. Then, when he joined SOM in Chicago, he dedicated himself to an intensive scrutiny, in the words of another engineer, into structural behavior.
Business is being held back by red tape and many other hindrances
BIGSTOCK
ernment websites say the role of the government is the role of a facilitator and not the controller. The withdrawal of the role of the government from the ownership, management, and control of commercial and industrial enterprises will leave more space for the government to focus on other important areas, such as the general management of the economy, the social and public sectors, basic health and education, law and order, defence, environment, and other areas of public non-entrepreneurial activities. If the government really means it, can the industries minister say this? Or is there a policy shift? Do we need the Privatisation Commission if that is the policy of the government?
quite clear that the national socio-economic objectives sought to be achieved by nationalisation miserably failed. Rather, the dominance of the public sector in banking and non-bank financial institutions resulted in large-scale corruption and a culture of inefficiency everywhere. Since early 80s, investment in Bangladesh has emphasised the need to move away from regulation, nationalisation, and control. The government has also recognised the importance of private sector-led growth in our economy. The privatisation process of state-owned enterprises started with their transfer to their former Bangladeshi owners, and the sale of shares to investors and buyers.
Persistent losses of SoEs clearly suggest that they have severe management problems. This affects the overall national efficiency
The economic reform agenda of successive governments since the early 90s include ensuring a congenial atmosphere for private investment and sustainable development, persuading new investments, both local and foreign direct investments, improving competitiveness and enhancing productivity through macroeconomic management and governance, encouraging the diversification of economic activities, and eradicating administrative bottlenecks and red tape. The economic landscape of Bangladesh was significantly altered immediately after liberation with the nationalisation of domestic banks, insurance, service sector enterprises, and industries. By the end of 1980s, it became
The economic reform program was initiated by Saifur Rahman in the early 90s, who was the finance minister at that time. It gave the economy a real boost. When the Awami Leage came to power in 1996, it was further accelerated. Finance Minister Shah AMS Kibria also opted for the same policy and allowed more banks and non-bank financial institutions in the private sector. The establishment of the Privatisation Commission matched that direction. But the privatisation of loss-making state-owned enterprises over nearly the past 12 years is advancing at a snails pace due to non-cooperation by the ministries and divisions concerned. The immediate past industries minister was religiously against privatisa-
tion. The commission (before January 5 elections) headed by Mirza Abdul Jalil failed to privatise a single unit in the five years. The commission had a list of 21 ailing SoEs to be privatised. But complexities arose due to the lukewarm attitude of the ministry concerned in handing over the SOEs to the private sector. The complexities also frustrated the buyers of these units. Public enterprises have proved to be unsuccessful firms, as their financial performances demonstrate. They incur chronic losses and continue to rely on state-funded equity injections and credit from the state-owned banking system. Persistent losses of SoEs clearly suggest that they have severe management problems. This is a symptom of a malaise that affects the overall national efficiency. Good governance is simply impossible with huge loss-making public enterprises, as these are not only incurring losses, but also obstructing growth in other areas. There are many reasons behind the failure of privatisation in Bangladesh. But that does not mean that the country can afford to stall the process. The privatisation of SoEs must be expedited to end the fiscal burden of subsidies. To be more careful, the government can further define the goal of privatisation. The process must be transparent, as there are allegations of dubious deals in the previous cases. One of the major concerns is worker retrenchment, and the government must address the issue by providing reasonable termination payments. Investments in labour retraining and redeployment schemes are highly important. There may be other options to expedite and make the privatisation process more acceptable. But the government can in no way take a decision to halt the process. l Syed Ishtiaque Reza is Director of News, Ekattor Television.
One of the personal strengths that influenced his career was the confidence he acquired
My father felt strongly about people working together as a team, toward a common goal. This attitude, it seems to me, partly explains his comfortable way of working with others. Design is a process fostered by natural communication, he said. If you start controlling design by hierarchy, it will never be done right; never natural. I heard from his associates that he applied this approach to design meetings, preferring collegial dialogue to hierarchically structured exchange. The year after my father died, the American Institute of Architects selected him for a 1983 Institute Honor. Rarely has any engineer played as key a role in the shaping of architects ideas and the shaping of buildings themselves, the nomination stated. Fazlur Khans work and research had made him one of the most influential structural engineers of the century, the AIA Jury on Institute Honors wrote. Besides his innovations . . . he demonstrated a human awareness and commitment to structural and architectural design collaboration that has particular importance for architects today. My father was, undoubtedly, exceptionally gifted as an engineer and dedicated to the advancement of his field. But by complementing his technical insight with human awareness and collaboration, he not only made his work more enjoyable for himself and more meaningful for his profession, but also transformed the nature of his accomplishments. l Yasmin Sabina Khan, the daughter of FR Khan, is the author of Engineering Architecture: The Vision of Fazlur R Khan. This article was previously published on http://khan.princeton.edu/khan.html.
Jamaats fate is now largely dependent upon the jostling and maneuvering of the two contenders for power, AL and BNP
Throughout the Muslim world, wherever democratic politics are taking hold, Islamic parties that adopted practices of participatory democracy are gaining influence. In Bangladesh too, there is a huge space for religious politics. If the two main parties in
that subaltern politics in Bangladesh remains hopelessly inadequate to mount a serious challenge to affect leadership of a country that has 150 million people and an interconnected economy of $150bn. Only a religious party that has a
12
DHAKA TRIBUNE
Entertainment
QUAMRUL ABEDIN
ON TV
MOVIE
7:00pmHBO
Shooter
COMEDY
12:30pm Star World
Two Broke Girls
MISC
10:00am TLC 9:30pm FTV
Models Nigella Feasts
A government approved film, Akash Koto Dure, cost around Tk1.60 crore. After the release, theatre halls were full for days on end. On a separate note, Impress Telefilm does not produce movies on a commercial basis. It makes movies for movie lovers and the audience is purchasing tickets for the film. We are receiving good responses from the box office.
Kazi Shahriar Parvez Rajon have planned to broadcast the film at the Purobi Cinema Hall in Mymensingh and Mayuri Cinema in Khulna. We are increasing the number of prints and we will expand our distribution nationwide as soon as possible.
We will take it one step at a time, since there are a limited number of prints of the film. This is also the reason behind releasing it in the capital initially. However, we
The film has been selected for screening at the Festival International du Film Oriental de Geneve (FIFOG) at Les Cinemas du Grtli in Switzerland at 4:30pm on April 6. The cast and crew of the film will be present at the festival. We are hoping to participate in many others festivals in near future. l
Jamie Bell
Kate Mara
Michael B Jordan
Miles Teller
Sport
DHAKA TRIBUNE
13
0 2 1
DAYS TO GO
14 Cornet shocks
15 Sheikh Jamal
SQUAD
Mushfiqur Rahim (Captain), Anamul Hoque Bijoy, Imrul Kayes, Shamsur Rahman, Naeem Islam, Muminul Hoque, Nasir Hossain, Arafat Sunny, Ziaur Rahman, Abdur Razzak, Shohag Gazi, Masrafe Bin Mortaza, Rubel Hossain, Al Amin Hossain, Shakib Al Hasan team management and the national selection panel. To avoid the risk of Tamim facing further damage to the injury and putting his appearance in the ICC World Twenty20 2014 in doubt, the concerned decided to rest him for the Asia Cup. We will not be getting Tamim in the Asia Cup. He has not recovered from an injury and it may take another week or so for him to return. Under the circumstances our priority is to have him fully fit for the ICC World Twenty20 and he will continue his rehab, said Faruk. l
SCORECARD
Bangladesh Anamul c Chandimal b Prasad 2 Shamsur c A. Perera b Prasad 25 Mominul Haque run out 60 Mushfiqur c Senanayake b Prasad 30 Naeem Islam c Prasad b Senanayake 32 Nasir Hossain c Priyanjan b Lakmal 38 Mahmudullah c Thirimanne b Lakmal 5 Sohag Gazi b T. Perera 23 Shafiul Islam not out 15 Arafat Sunny not out 1 Extras: (lb2, w7) 9 Total (for 8 wickets, 50 overs) 240 Fall of wickets 1 17, 2 62, 3 108, 4 130, 5 184, 6 200, 7 201, 8 232 Bowling Lakmal 10 3 24 2, T. Perera 9 0 39 1, Prasad 10 0 49 3, Senanayake 9 046 1, Priyanjan 6 0 42 0, A. Perera 3 0 17 0, Mathews 3 0 21 0 Sri Lanka Perera b Rubel 106 Thirimanne c Shamsur b Mahmudullah 18 K Vithanage b Mahmudullah 9 D Chandimal c Anamul b Rubel 64 A Mathews not out 20 A Priyanjan not out 22 Extras: (lb4, w3) 7 Total (for 4 wickets, 47.3 overs) Fall of wickets 1 44, 2 60, 3 198, 4 205 Bowling Shafiul 4 0 27 0, Gazi 9 1 47 0, Rubel 10 0 69 2, Mahmudullah 10 0 382, Nasir 4 1 12 0, Sunny 10 0 42 0, Naeem 0.3 0 7 0 Sri Lanka won by six wickets; sweep series 3 0 246
Sri Lanka batsman Kusal Perera celebrates after scoring his maiden international century during their 3rd ODI against Bangladesh at the Sher-e-Bangla National stadium yesterday MUMIT M
Sri Lanka opener Kusal Pareras wellpaced maiden ODI century guided the visitors to a six wicket victory against Bangladesh yesterday, thus also confirming a 3-0 sweep for the Lions. The islanders who had earlier confirmed the series victory by winning the first two games, pushed for a clean sweep and eventually overcame a below par of 240 by Bangladesh at Sher-e-Bangla National Stadium. While the Lankans cherished their third series win of the tour, following wins in the Test and Twenty20 series, Bangladesh was left to swallow its first ODI series whitewash since 2011. Today was the first time Sri Lanka was without Kumar Sangakkara, Mahela Jayawardene and Tillakaratne Dilshan since the 1999 World Cup. But their absence was hardly felt as the side went on to chase 241 easily after they sent Bangladesh in to bat first. They had seamer Dhammika Prasad return to the ODI side after around one year and to surprise all he led a Lasith Malinga less attack picking up three wickets that aided them to restrict Bangladesh to 240.
all the slogging yielded only 23 runs. Naeem scored 32 off 55 which included which included a solitary boundary. Suranga Lakmal picked up a couple of wickets in the 45th over of Mahmudullah who was caught at long-on and Nasir Hossain whose innings ended on 32 after he was caught in mid-wicket after lobbing a low full-toss. Near the end, Sohag Gazi hammered three sixes during his 13-ball 23 in order to give his side some thrust and was eventually caught at long-on by Thisara Perera. Later Sri Lanka riding on Pareras maiden ton cruised to the target in 47 overs. Parera moved slowly to his fifty off 80 balls. But soon he picked up the pace as he found Gazi and seamer Shafiul Islam, to attack whenever the required run-rate needed a lift and raced to his maiden century. He reached his hundred off 118 deliveries and then added another six runs to the tally before the wickets behind him were dismantled by Rubel Hossain. Parera partnered Dinesh Chandimal for the fourth wicket to post 138 runs which had decided the fate of the game for the Lankans. Chandimal scored 64 off 70 before he was caught behind to become the second wicket for Rubel in the game. l
We wanted to settle the salary issue. There were political problems and the last date of solving the problem was February 1 and now there is another extension
BFF vice-president Tabith Awal was also present at the meeting and he said, We have talked about the due salaries and we hope that it would be cleared by next month as we are trying for new sponsors and some of the responses are positive. l
Bangladesh batsmen Naeem Islam and Nasir Hossain run between the wicket during their 3rd ODI against Sri Lanka at the SBNS yesterday MUMIT M
14
Uefa charges Pellegrini
Uefa has charged Manchester City manager Manuel Pellegrini following his criticism of Swedish referee Jonas Eriksson after Tuesdays 2 0 last-16 first leg defeat by Barcelona in the Champions League. The Chilean has been charged with violating the general principles of conduct, European soccers ruling body said in a statement on Friday. The case will be handled next Friday. Pellegrini, who apologised for his remarks earlier on Friday, accused Eriksson of a lack of impartiality and said UEFA should not have chosen a Swedish referee for a game of such importance. Reuters
DHAKA TRIBUNE
Sport
A picture shows a statue of former Arsenal and Netherlands footballer Dennis Bergkamp after it was unveiled outside The Emirates Stadium in north London yesterday.
AFP
FIXTURES
Bologna Livorno Chievo Verona Inter Sampdoria Udinese Juventus v v v v v v v Roma Hellas Verona Catania Cagliari AC Milan Atalanta Torino
poli and Fiorentina, are in contention for Europa League glory. But Juves next test on the domestic front comes against a Torino side
that has lost only twice in their last 12 games, their last win a surprise 3-1 rout of Verona on Monday. Along with Verona, Torino have been one of the surprise packages this season and club sporting director Gianluca Petrachi pointed to forward Ciro Immobile as one of the driving forces behind the clubs bid for a place in Europe. While Roma will be expected to help Garcia prolong the 50th birthday he celebrated on Friday by winning away to Bologna on Saturday, anything less than a win for Juve be a huge boost to the Giallorossi. City rivals AC Milan, meanwhile, have a tricky away encounter at Sampdoria. l
FIXTURES
Liverpool v Swansea City Newcastle v Aston Villa Norwich City v Tottenham
League games and scoring 38 goals in the process. Supporters at Anfield have been treated to thumping 5-1 and 4-0 victories over Arsenal and Everton in their last two home games, and Rodgers does not want there to be any let up as they try to keep pace with leaders Chelsea. Liverpool are expected to recall midfielder Jordan Henderson to their starting line-up after he was rested in the FA Cup fifth round defeat at Arsenal. Right-back Glen Johnson (knee) is back in the squad, but midfielder Lucas, left-back Jose Enrique (both knee) and centre-back Mamadou Sakho (hamstring) are all still injured. Rodgers also admitted his players are constantly striving for improvement - both individually and collectively - which has been borne out in results and performances this season. Swanseas former Liverpool midfielder Jonjo Shelvey should feature after returning from a hamstring injury as a substitute against Napoli. However, Spanish striker Michu is still nursing a long-standing ankle injury. l
France's Alize Cornet reacts after defeating Serena Williams during their semi final game in the Dubai Duty Free Tennis Championships in Dubai on Friday AFP
DHAKA TRIBUNE
Sport
15
QUICK BYTES
Sheikh Jamals Haitian forward Wedson Anselme (L) controls the ball while Emeka Darlington (R) looks on during their Bangladesh Premier League match against Team BJMC at the BNS yesterday DHAKA TRIBUNE
RESULTS
Arsenal
4 1
Giaccherini 81
Sunderland
Cardiff
0 4
Hull
DAYS WATCH
Sony Six NBA 2013 14 6:30AM Detroit v Dallas 12:00AM Oklahoma City v LA Clippers 9:00AM UFC 170 Rousey v Mcmann 5:00PM Euro 2016 Qualifying Draw Ten Cricket 02:30PM South Africa v Australia 2nd Test, Day 4 Ten Sports 7:00PM French Ligue 1 2013/14 Toulouse FC v Paris Saint Germain 01:30AM Rio Open, Finals Ten Action 10:00PM French Ligue 1 2013/14 Nantes v Stade Rennais Star Sports HD2 11:15AM ICC Under 19 World Cup QF: Australia v West Indies 12:00AM NASCAR Sprint Cup Series Daytona 500 Star Sports 4 1:00PM Sochi Winter Olympic Games Day 16 English Premier League 7:20PM Liverpool v Swensea City 10:00PM Norwich City v Tottenham La Liga 12:00AM Valencia v Granada 2:00AM Osasuna v Atletico Madrid Star Sports HD1 6:00PM Hockey India League 11:30PM Italian Serie A Juventus v Torino Star Sports 2 1:45AM Italian Serie A Lazio v Sassuolo
Chelsea
Terry 90+3
1 0 1 0 1 1 3 1
Man City
Toure 70
West Brom
Vydra 86
Dejagah 28
West Ham
Southampton
Yoshida 8
Chelsea's John Terry (R) reacts after scoring a goal during their English Premier League match against Everton at Stamford Bridge in London yesterday REUTERS
The decisions that matter Amla strokes South Africa into strong position
The Bangladesh cricket team ended a terrible ODI series yesterday having lost all three matches against Sri Lanka. Prior to the ODI series, Bangladesh had fought well but they were unlucky to lose both T20s in the last ball. However, when a team goes through a bad patch they wish for some luck, but it seemed even luck turned its back on them. The umpiring decisions in a couple of situation during the first T20 and the first ODI raised many fingers on them, especially because the umpires belonged to Bangladesh and their standard of officiating in an international match was questioned. Bangladesh needed three off the last ball in the first T20 and Anamul Haque, who had already taken 14 in the first five balls of the over, received a high full-toss from Thisara Perera. Unable to connect it properly the ball was skied back and comfortably caught by the bowler himself. The decision was taken upstairs for a review but third umpire Gazi Sohel made a hash out of it to declare it as a legitimate ball. In the first ODI, Bangladesh was cruising to their target of 181, but once again a poor decision from the third umpire, Anisur Rahman, triggered a collapse that resulted in another close defeat. Shamsur Rahman was on song, connecting the ball as he romped to his fifty. However, Shamsur while grounding the bat for a double run, it got stuck before the crease and even though it was not clear whether his foot was in air when Sangakkara dislodged the bells, Anisur Rahman gave the decision in favour of the visitors. Perhaps Anisur was unaware of the term benefit of doubt and that it always goes to the batsman. Meanwhile the chairman of the BCB umpires committee Nazmul Karim Tinku admitted the sloppy umpiring performance and said, Yes there was some decision especially the decision of Gazi Sohel in the first T20 match where he could have taken some more time and can use some more angles before giving the decision. We have discussed about it later and informed him what he should have done on that situation. We have an umpire exchange programme where we exchange umpires with West Indies and recently we are going to exchange with Zimbabwe and I am hopeful we will produce some more umpires who will be included into the ICCs elite panel of umpires, he said. l South Africa moved into a strong position on the third day of the second Test against Australia at St Georges Park on Saturday but lost one of their four specialist bowlers. Australia were bowled out for 246 in their first innings, giving South Africa a lead of 177, which they stretched to 369 by the close of play, reaching 192 for four. Hashim Amla returned to form with a sparkling innings of 93 not out. But South Africa will be without left-arm fast-medium bowler Wayne Parnell when they attempt to bowl out Australia a second time. Parnell, who on Friday took two wickets with his first three deliveries of the match, pulled up with a groin injury after bowling three balls in his ninth over. Team manager Mohammed Moosajee said Parnell had a strain, not a tear, but would nevertheless be unable to bowl in the second innings. It left South Africa with three specialist bowlers after bringing in a batsman for an all-rounder after losing the first Test in Centurion by 281 runs. Australia found themselves in unfamiliar territory in a dominant southern hemisphere summer, during which they have won six successive Tests, all by wide margins. South Africa, though, looked more like the team that has surged to the top of the international Test rankings as they followed up a solid first innings with aggressive bowling to put Australia under pressure. The tall Morne Morkel was particularly hostile, peppering the batsmen with numerous short deliveries as he took three wickets for 63 runs. Vernon Philander claimed three for 68. South Africa were on top from the fifth over of the day when Philander had top-scorer David Warner caught at slip for 70. Nightwatchman Nathan Lyon, after standing up to a bumper barrage from Morkel, chopped a ball from the tall fast bowler into his stumps in the next over. Steve Smith and Brad Haddin both survived chances as they added 40 for the seventh wicket before Haddin was bowled by Dale Steyn. l
SCORECARD, DAY 3
South Africa, first innings, 423 Australia, first innings (overnight 112 4) D Warner c Smith b Philander N Lyon b Morkel S Smith c De Villiers b Morkel B Haddin b Steyn M Johnson b Duminy R Harris c Du Plessis b Morkel P Siddle not out Extras (lb4, nb1, w2) Total (57 overs)
70 15 49 9 27 26 11 7 246
Bowling Steyn 13 3 55 1, Philander 13 0 68 3, Morkel 17 0 63 3, Parnell 8.3 2 31 2, Elgar 0.3 0 1 0, Duminy 5 0 24 1 South Africa, second innings G Smith b Johnson 14 D Elgar c Haddin b Siddle 16 H Amla not out 93 F du Plessis c Haddin b Siddle 24 A de Villiers c Haddin b Johnson 29 Q de Kock not out 9 Extras (b2, lb5) 7 Total (4 wkts, 47 overs) 192 Bowling Johnson 12 0 48 2, Harris 10 1 53 0, Lyon 12 2 31 0, Siddle 13 2 53 2 South Africa lead by 369 runs with 6 wickets remaining in the second innings
16
WAR CRIMES TRIAL
DHAKA TRIBUNE
Back Page
The visually-impaired schoolgirls sing at the launching ceremony of their audio album yesterday
The idea of national committee was to ensure comprehensive protection for the witnesses which would continue even after the verdicts were delivered
journalists, law professionals and activists. This committee would form sub-committees at all the districts in the country to ensure protection for the witnesses of the war crimes cases. The proposal also included an arrangement for a hotline, which the witnesses could access anytime for seeking and giving advices and information. The issue of witness protection came to the forefront after a prosecution witness and a relative of another witness in war crimes cases were killed recently. Reportedly, a number of other witness-
160
n Ahmed Zayeef
It was a day of joy for visually impaired children as four new books in Braille were launched at the Amar Ekushey Book Fair yesterday. Sporsho Braille Prokashona, a publication for visually impaired, unveiled the books at the Nazrul Mancha in presence of 14 visually impaired students of Baptist Mission Integrated School and Jan-e-Alam Government High School. A cultural programme was held that commenced with a chorus. Visually impaired students from Dhaka University and Eden College also joined the programme to inspire the juniors. Starting journey in 2011, Sporsho Braille Prokashona has so far published 24 books in Braille. The four books published
Police recover 5 bombs from inside Jessore jail n Our Correspondent, Jessore n UNB
Jessore Kotwali police yesterday recovered five live bombs from the jail security guard barracks inside Jessore Central Jail. Rabiul Islam, Assistant Sub-Inspector at Jessore Kotwali police station, told journalists he recovered the bombs from near a toilet in the Shugandha security guard barracks at around 11am yesterday. Fazlul Haque, deputy inspector general of prisons for Khulna and Barisal divisions, said security was beefed up after the recovery of the bombs. l
yesterday are Hanif Sankets Binito Nibedon, Najia Jabeens Ek Shagor Rokter Binimoye, Lutfor Rahman Ritons Akashe Onek Chhora and Foridur Reza Sagors Cox Bazarer Kakatua. Monsur Ahmed Choudhuri, chairman of National Forum of the Disabled and representative at the United Nations, who is a visually impaired person himself, attended the programme alongside Shahidul Alam Sachchu, Mofidul Hoque and actor Afzal Hossain. Amrin Nahar Rini, a class 10 student of Baptist Mission Integrated School told the Dhaka Tribune: There are a very few number of braille books for us out there. Apart from our text books, we do not get to read stories, novels, and poems as much as we want. These books would be very helpful for us. I am very happy today. I hope more books in Braille will be brought in the fair in future to help the visually impaired people get a taste of Bangla literature, she added. Nazia Jabeen, publisher of Sporsho Braille Prokashona, said: We are getting remarkable response for our effort, but we could not bring a large number of braille
books as we are a small organisation. However, our target is to raise awareness among other publishers so that they bring in more braille books, she said. Bangla Academy authority celebrated its last Shishu Prohor yesterday from 11am to 3pm, five hours exclusively dedicated for children. Hundreds of children along with their parents thronged the fair. Though it was a public holiday a good number of visitors also came to the fair. A total of 160 new books were published yesterday on the 22nd day of the fair including Syed Abul Maksuds Maulana Abdul Hamid Khan Bhashani from Agami Prokashoni, Syed Shamsul Haques Kolomer Shonge Shongshar from Ananya Prokash, Reja Ghotoks Ponchobhuteshu from Chayabithi, and Selina Hossains Judhdho from Salma Book Depo. A total of 20 new books were unveiled at the Nazrul Mancha including Additional Secretary of Information Ministry, Harun-orRashids Putuler Ghor from Shuchipotro Prokashoni in presence of theatre activist Mamunur Rashid. A discussion on Krishno Mohon Bondopadhdhay was held at the central stage. l
Workers restore the Sonargaon Folk Arts and Crafts Museum building in the suburbs of the capital yesterday. South Korean company Youngone Corporation has taken the initiative to conserve the age-old heritage of the country SYED ZAKIR HOSSAIN
Power Cell recommends collecting solar panel installation costs from consumers
n Aminur Rahman Rasel
The Power Cell has recommended the ministry to collect the money that the consumers were supposed to spend on installing solar panels as a pre-condition of getting new electricity connection. According to the recommendation, the money has to be deposited to the Sustainable and Renewable Energy Development Authority (Sreda), which would later use the funds to carry out renewable energy-based projects for the deprived people at off-grid areas. On January 21, the Real Estate and Housing Association of Bangladesh (REHAB) urged the State Minister for Power, Energy and Mineral Resources Nasrul Hamid to scrap the solar panel installing requirement for new connections to households. Later, the ministry asked the Power Cell, which was formed under the power ministry to implement power sector reforms, for its recommendations over the proposal. The power ministry should hold meeting with its stakeholders including the REHAB to make the final decision over the issue. Power Cell Director General Mohammad Hossain told the Dhaka tribune. Commenting on the new recommendation by the Power Cell, REHAB General Secretary M Wahiduzzaman said: This is not reasonable. The solar system has to be fully withdrawn. This recommendation does not reduce expenses. In its recommendation, the power cell said the requirement to install solar panels did not work out and had created chances of corruption. The recommendation however added that to minimise dependency on fossil fuel for power generation and to increase use of renewable energy, the ministry should not fully scrap the previous decision made on November 7, 2010; instead they should collect money from the consumers that was supposed to be spent on installing solar panels as a pre-condition of getting new connection. According to the Power Division, installation of solar panels is not required for new domestic connections consuming up to 2kW of electricity, but connections exceeding that range requires installing solar panels producing 3% electricity of the demand. According to present market price, the solar panel cost would be fixed at Tk150 per watt and that money would be deposited to the Sreda fund, which would be managed by a technical committee. Earlier, State Minister Nasrul Hamid had said solar panels would not be encouraged in urban areas anymore; rather, its use would be encouraged in rural areas. Since its formation in December 2012, Sreda has reportedly made little progress, despite its ambitious plans of producing 800MW of electricity sustainably by 2015. Bangladesh currently produces about 100MW from renewable sources. Earlier in May 2011, the government resumed giving new connections to households after a halt of several months. l
Editor: Zafar Sobhan, Published and Printed by Kazi Anis Ahmed on behalf of 2A Media Limited at Dainik Shakaler Khabar Publications Limited, 153/7, Tejgaon Industrial Area, Dhaka-1208. Editorial, News & Commercial Office: FR Tower, 8/C Panthapath, Shukrabad, Dhaka 1207. Phone: 9132093 94, Advertising: 9132155, Circulation: 9132282, Fax: News-9132192, e-mail: news@dhakatribune.com, info@dhakatribune.com, Website: www.dhakatribune.com
Business
are importing bandwidth, but we also made the country always connected with the globe. The BSCCL Managing Director and Chief Executive Officer Md Monwar Hossain, however, criticised the quality of imported bandwidth and the business houses, which he blamed were destabilising the market in the name of competition. Some are destroying the bandwidth business in the name of competition. They are not importing quality bandwidth from the neighboring country. As they sell it at reduced price fixed by the government, customers are going to them, he said. He, however, recognised the operators made alternative connections
with India and added some value in the countrys software and outsourcing business. But when we will connect with our second submarine connection, these ITCs will have no functions, said the BSCCL MD. The second submarine connected is expected to go live in 2016. In 2012, Bangladesh Telecommunication Regulatory Commission (BTRC) awarded six ITC licences to Novocom Limited, Firber@Home Limited, 1Asia Alliance Communications Limited, Mango Teleservices Limited, BD link Communications Limited and Summit Communications Limited. They are connected with Indian submarine cable through fiber optic cable. l
The fair will display products that would help take remedial measures for the factories on fire and electrical safety
Tea prices, sales dip on GENDER BUDGETING supply glut, poor grade Economists for mindset
n Reuters
Tea prices in Bangladesh fell nearly 11% at an auction on Tuesday as the volumes offered were the highest for the season so far and included a higher percentage of low-grade leaf, brokers said. At the latest auction, Bangladeshi tea fetched an average of 160.26 taka ($2.06) per kg against 180.03 taka in the previous weeks auction, when prices fell 2%, an official from National Brokers Limited said. More than 3.33 million kg of tea was offered at the auction centre in Chittagong, with almost 63% remaining unsold. At the previous auction, nearly 2.92 million kg of tea had been offered, of which 51.80% went unsold. The latest offering was the largest of the season so far, while supplies of end-of-season poor-grade tea also were on the rise, the official said. Poor quality season-end supplies pulled down both prices and sales volume sharply.
change of society
n Tribune Report
The existing mindset needs to be changed for effective implementation of gender budgeting and ensuring gender equality in the country, economists said in Dhaka yesterday. They said the national budget does not contain sufficient statistics about the expenditure on women, resulting in failure of desired results. The economists were speaking at a book publication ceremony in Dhaka. Center for Policy Dialogue (CPD) Research Director Fahmida Khatun authored the book in Bangla titled Bangladesher Orthoniti: Vitor ebong Bahir (Bangladesh Economy: Ins and Outs) that consists of published articles on different dailies. Former adviser to a caretaker government Dr Akbar Ali Khan, CPD Chairman Prof Rehman Sobhan, Prime
The auction next Tuesday will offer even larger supplies than this week as unsold quantities will be added to fresh supplies, he added. Bangladeshi buyers also have imported bulk quantity of tea from neighbouring India, which contributed to a glut in the domestic market and reduced demand for tea at the auction, industry sources said. Bangladeshs tea production in 2013 rose 1.6% from a year earlier to a record 63.5 million kg, due to favourable weather. That was still less than the domestic consumption of about 65 million kg. Bangladesh has moved from becoming a net exporter to a net importer of tea as consumption has risen. l
Ministers International Affairs Adviser Gowher Rizvi, former finance adviser to a caretaker government Mirza Azizul Islam and eminent rights activist Khushi Kabir, among others, spoke at the function. Akbar Ali Khan said the book rightly points out about the gender budgeting, which requires much attention for securing gender equality in public resource allocations. The mindset of the society needs to change for better management of gender budgeting, he said, adding that, in many projects, equal expenditure of allocation for male and female is written but no specific policy has been taken for implementing them. If we look at the national income account, contribution of female is not recognised at all as most women are engaged with the non-market activities that are not included in the nation-
al output, he said. He said, in Bangladesh, woman is in top position at the administration but womens presence in every layer of the society is important to ensure equality. However, it has started from grass root level as seen in microcredit sector, where most borrower are women, he said. To get the desired result of gender budgeting, problems should be identified. The government had initiated gender budgeting in the fiscal 2005-06 for four ministries. As part of the process, the government added 15 more ministries in the current budget, raising the total number of ministries executing gender-related projects to 40. In the budget for FY2013-14, budgetary allocation in various projects for women has increased to 27.68% from 26.26% a year earlier.l
A total of 52 stalls will display products at the first such show in the country, aimed at making RMG factory owners knowledgeable and aware about latest fire, building and electrical safety equipment, BGMEA President Atiqul Islam told a press conference yesterday. A group of industry people has been introduced with the fire and building safety issues, but it did not reach up to the mark and that is why the expo is organised to help the sector, he added. Its time to assure right kinds of products, which would help the factories, said M Rabin, executive director of Alliance for Fire and Building Safety in Bangladesh. The fair will display products that would help take remedial measures for the factories on fire and electrical safety, said M Rabin. Through the fair, the factory owners would be able to learn about factory safety equipment and their standard. After the tragic incident of Tazreen Fashion Fire and Rana Plaza building collapse, the issues of fire, building and electrical safety came under spot light. Following the incidents, the European Union and American buyers forced the RMG industry to take efforts to protect employees and improve fire, building and electrical safety standards. l
'Instead of identifying the basic problems and solving those, inclusion of new clauses such as the valuation ones will hamper the spirit of the book building method'
to take off, but recently some companies were preparing to go public using the method, sources said. Bangladesh Securities and Exchange Commission (BSEC) has allowed United Power Generation and Distribution this month to commence bidding by the eligible institutional investors for price discovery of issuance. Some issue management companies are working to file IPO using the method to the regulator, sources in the issue management said. Some other has taken wait and see policy in the wake of market volatility, they said. As the method earned some bad name have to participate. From each category, at least three institutions will have to take part in the bidding. Directors and sponsors of an issuer company would not be an issue manager for their own company under the system. An issuer company will have to run advertisements in five national dailies with a 10-day notice about holding a road-show, and within next three workdays of the road-show, the issuer company must set the indicative price of its shares and submit it to the SEC. The asset management companies
RAJIB DHAR
B2
DHAKA TRIBUNE
Stock
DSE GAINERS Company AFC AgroBiotech-N Savar Refractories-Z CVO PetroChem RL Z BSC A GeminiSeaFood-Z Argon Denims Limited-A Desh Garments -B Al-Haj Textile -A Fine Foods A Hakkani P& Paper -B CSE GAINERS
Closing (% change) 18.88 17.44 15.59 11.89 11.55 10.26 9.61 9.55 8.29 8.14
Average (% change) 15.58 18.63 16.62 11.10 11.98 8.59 7.90 8.83 9.77 6.66 Average (% change) 16.88 16.86 11.14 10.18 9.97 8.14 10.97 6.55 8.21 6.69
Closing average 71.22 66.67 901.11 543.49 178.38 70.56 80.34 91.62 21.13 31.54
Weekly closing 72.40 66.00 903.00 543.50 177.70 70.90 81.00 91.80 20.90 31.90
Weekly high 73.30 66.10 907.00 543.50 208.90 71.70 81.10 94.70 22.20 32.40
Weekly low 58.50 60.90 781.00 466.00 175.20 57.00 70.90 80.00 18.00 29.10
Turnover in million 480.726 0.145 121.464 234.428 3.290 139.109 16.050 33.011 11.349 2.407
Latest EPS 1.53 0.60 -4.06 24.00 6.44 3.33 1.18 2.06 -0.98 0.28
Latest PE 46.5 111.1 -ve 22.6 27.7 21.2 68.1 44.5 -ve 112.6
Company AFC AgroBiotech-N CVO PetroChem RL Z BSC A Hakkani P& Paper -B Fine Foods A Argon Denims Limited-A AMCL 2nd MF A Beach Hatchery -A AIBL 1st Is. M. F.-A Bengal Windsor-A
Closing (% change) 20.56 16.77 12.00 10.53 9.33 9.24 8.70 8.37 7.79 7.67
Closing average 71.40 911.47 544.25 31.49 21.29 70.53 7.69 27.96 8.30 60.64
Weekly closing 72.70 910.80 544.30 31.50 21.10 70.90 7.50 28.50 8.30 61.80
Weekly high 73.00 915.00 544.30 31.50 21.70 71.50 7.90 28.60 8.50 62.50
Weekly low 59.50 800.00 466.00 28.70 19.00 61.00 6.80 25.80 7.80 53.00
Turnover in million 101.566 2.201 63.288 0.527 3.895 6.458 1.201 22.053 0.548 25.945
Latest EPS 1.53 -4.06 24.00 0.28 -0.98 3.33 0.88 0.79 1.24 2.50
Latest PE 46.7 -ve 22.7 112.5 -ve 21.2 8.7 35.4 6.7 24.3
(+) 0.04% (-) 0.51% (+) 0.02% (-) 0.63% (-) 0.22%
Weekly high 98.40 58.00 8.50 17.60 45.00 146.90 370.00 31.00 32.00 123.00
Unchanged Issue (Avg. Price Basis) Market Capital Equity (Billion. Tk.) Market Capital Equity (Billion US$)
Weekly low 73.00 46.00 7.60 14.80 37.00 128.00 308.00 27.00 28.00 106.10 Turnover in million 16.988 225.264 0.055 57.621 5.329 67.488 1.556 0.623 67.005 7.179 Latest EPS 3.21 2.03 -50.84 0.64 2.60 6.45 7.88 -5.96 6.11 4.95
Average (% change) -18.41 -14.96 -9.52 -7.58 -6.65 -5.36 -5.40 -5.46 -4.10 -3.13 Average (% change) -18.87 -14.69 -9.26 -7.10 -6.96 -5.55 -5.03 -6.45 -4.63 -4.65
Closing average 79.83 52.42 7.60 16.59 41.67 136.61 333.00 29.45 30.44 116.86
Weekly closing 79.90 52.00 7.60 16.60 41.70 136.00 333.70 29.60 30.20 115.80
Latest PE 24.9 25.8 -ve 25.9 16.0 21.2 42.3 -ve 5.0 23.6
Electro Dynamics Limited (BEDL) named Baraka Patenga Power Limited has started its test run on February 11, 2014 at 5:57 P.M. Four engines out of total eight engines have fired so far and supplying electricity to the national grid on a test basis. The process of test run will be performed rotationally for all 08 engines until commencement of commercial operation. BDCOM: The Company has informed that "BDCOM Online Limited has decided to investigate with mutual interest the possibilities and conditions to establish a joint venture entity to create and operate a mobile financial services hub in Bangladesh with eServGlobal SAS, a Company duly organized and existing under the laws of France, having its registered office at 244, avenue Pierre Brossolette, 92245 Malakaoff Cedex, France in accordance with the approval of the Board of Directors of the Company. In this regard a Memorandum of Understanding (MOU) signed today (19th Feb 2014) between BDCOM online Limited and eServGlobal SAS."
Fixed Assets/Right/Investment:
Miscellaneous
Closing average 79.35 52.40 23.70 16.61 61.00 102.97 110.64 115.60 30.50 168.67
Weekly closing 79.40 51.90 23.70 16.60 61.00 102.70 110.20 115.60 30.50 167.30
Weekly high 98.80 58.00 23.70 17.20 65.00 110.00 126.00 120.00 30.50 180.00
Weekly low 79.00 49.30 23.70 14.90 61.00 93.00 110.00 113.50 30.40 163.00
Turnover in million 0.652 16.327 0.024 10.065 0.247 0.350 0.551 0.469 0.172 12.305
Latest EPS 3.21 2.03 -0.04 0.64 6.54 3.56 4.95 9.21 2.35 4.86
Latest PE 24.7 25.8 -ve 26.0 9.3 28.9 22.4 12.6 13.0 34.7
DACCADYE: (H/Y): As per un-audited half yearly accounts as on 31.12.2013 (July'13 to Dec'13), the Company has reported net profit after tax of Tk. 65.49 million with EPS of Tk. 0.91 as against Tk. 104.42 million and Tk. 1.45 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 45.27 million with EPS of Tk. 0.63 for the period of 3 months (Oct'13 to
LANKABAFIN: The Company has informed that the Board of Directors of the Company has decided to issue Non-Convertible Zero Coupon Bond of Tk. 3,000.00 million to meet its ongoing financing requirements subject to the approval of Bangladesh Securities & Exchange Commission (BSEC) and other Regulatory Authorities BEDL: The Company has informed that the 50 MW HFO fired power plant owned by 51% subsidiary Company of Barakatullah
BRACBANK: The Company has further informed that the Bank was supposed to conduct a discussion session with Bangladesh Bank Inspection team prior to the finalization of the Audited Financial Accounts, which has been postponed due to unavoidable circumstance. The consideration of the accounts at the Board meeting is being deferred until such time that the Company receives confirmation from Bangladesh Bank. The Company has further informed that intimation on the scheduled date will be given in due course.
ANALYST
DSE Million Taka 2391.81 1101.42 609.63 1465.74 1282.82 2662.49 4.65 1538.15 2642.23 2.41 68.53 241.88 270.53 787.25 255.75 305.31 1116.97 1273.43 215.02 419.24 1.40
% change 12.82 5.90 3.27 7.86 6.88 14.27 0.02 8.24 14.16 0.01 0.37 1.30 1.45 4.22 1.37 1.64 5.99 6.83 1.15 2.25 0.01
Million Taka 241.41 120.10 25.57 206.17 90.14 145.06 0.00 162.38 254.44 1.01 9.18 20.22 21.78 62.96 37.63 12.64 63.56 210.62 41.80 96.12 0.12
CSE
% change 13.24 6.59 1.40 11.31 4.95 7.96 0.00 8.91 13.96 0.06 0.50 1.11 1.19 3.45 2.06 0.69 3.49 11.55 2.29 5.27 0.01
Million Taka 2633.22 1221.52 635.20 1671.92 1372.96 2807.55 4.65 1700.52 2896.67 3.42 77.72 262.10 292.31 850.20 293.37 317.94 1180.53 1484.05 256.83 515.36 1.51
Total
% change 12.86 5.96 3.10 8.16 6.70 13.71 0.02 8.30 14.14 0.02 0.38 1.28 1.43 4.15 1.43 1.55 5.76 7.25 1.25 2.52 0.01
DSE TURNOVER LEADERS Company Square Pharma -A BD Submarine Cable-A Olympic Ind. -A Meghna Petroleum -A Delta Life Insu. -A Jamuna Oil -A Southeast Bank-A LankaBangla Fin. -A AFC AgroBiotech-N Grameenphone-A CSE TURNOVER LEADERS Company BD Submarine Cable-A AFC AgroBiotech-N Square Pharma -A LankaBangla Fin. -A BSC A Appollo Ispat CL -N Grameenphone-A UCBL - A Southeast Bank-A Delta Life Insu. -A
Volume shares 3,796,338 4,007,754 3,796,755 2,534,431 2,326,865 2,372,588 22,178,648 7,023,649 7,074,500 1,991,617
Value in million 979.52 862.91 758.27 722.71 631.23 553.18 521.18 496.44 480.73 410.52
% of total turnover 5.25 4.63 4.06 3.87 3.38 2.97 2.79 2.66 2.58 2.20
Weekly closing 258.90 217.70 207.40 282.70 270.40 231.90 23.60 72.20 72.40 208.30
Price change -2.74 0.51 1.72 -3.22 -2.98 -2.19 2.16 3.00 18.88 0.53
Weekly opening 266.20 216.60 203.90 292.10 278.70 237.10 23.10 70.10 60.90 207.20
Weekly high 268.00 230.00 210.00 305.00 285.00 245.00 25.00 75.00 73.30 209.00
Weekly low 234.00 191.80 179.00 256.00 262.30 209.50 20.70 62.00 58.50 195.00
Weekly average 261.44 220.18 206.73 286.46 271.34 233.28 23.66 70.98 71.22 207.75
Prepared exclusively for Dhaka Tribune by Business Information Automation Service Line (BIASL), on the basis of information collected from daily stock quotations and audited reports of the listed companies. High level of caution has been taken to collect and present the above information and data. The publisher will not take any responsibility if any body uses this information and data for his/her investment decision. For any query please email to biasl@bol-online.com or call 01552153562 or go to www.biasl.net
Volume shares 736,827 1,496,000 277,796 906,400 126,200 1,641,400 250,200 1,799,373 1,963,641 155,300
Value in million 159.00 101.57 71.63 64.34 63.29 52.02 51.62 51.31 46.11 42.01
% of total turnover 8.73 5.58 3.93 3.53 3.48 2.86 2.83 2.82 2.53 2.31
Weekly closing 217.60 72.70 259.00 72.80 544.30 31.90 207.60 28.60 23.40 270.30
Price change -0.09 20.56 -2.81 3.26 12.00 0.31 0.34 3.25 0.86 -3.43
Weekly opening 217.80 60.30 266.50 70.50 486.00 31.80 206.90 27.70 23.20 279.90
Weekly high 225.50 73.00 266.30 74.00 544.30 32.80 208.00 29.50 24.00 284.00
Weekly low 200.00 59.50 237.60 68.50 466.00 30.80 203.40 26.00 20.90 262.50
Weekly average 220.47 71.40 261.09 71.16 544.25 31.94 207.35 28.74 23.52 271.07
DHAKA TRIBUNE
Business
n Reuters
Wal-Mart Stores Inc, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China. There, consumers say they want food that is safe and authentic, and, after 17 years, Wal-Mart is changing its approach, closing some big-box stores that never quite caught on with locals. Instead, its focusing on privatelabel products and imports, putting its stamp on quality and safety. Were closing some stores because we got enamored with growth, said Raymond Bracy, head of corporate affairs at Walmart China. Were not going to do that again. Were focusing on quality first. Getting China right is crucial for WalMarts international ambitions. The worlds largest retailer ranks third in China behind Sun Art Retail Group Ltd and state-backed China Resources Enterprise Ltd, according to Euromonitor. Brazil and India are proving challenging, too. If you went out and asked members or customers, Whats your single biggest worry? theyll tell you trust and authenticity, said Greg Foran, who took over as Walmart China CEO in 2012. Once youve got their trust, the next question they ask themselves is, How much is it? Walmart International, which contributes less than a third of net sales, has suffered from aggressive expansion and is a big concern for new CEO Doug McMillon, who previously led the international unit. The retailer on Thursday forecast lower full-year profit than analysts had expected for fiscal 2015. Walmart International net sales in the fourth quarter dipped 0.4% to $37.67bn, and November-January operating income fell 45.8%, hit by store closures in Brazil and China and a charge related to terminated agreements in India. We have initiated actions in Mexico, Brazil and China to improve our operating performance and this is a priority for fiscal 2015, David Cheesewright, president and CEO of Walmart Interna-
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Employees stand in front of the gate to a Wal-Mart Supercenter in Chongqing municipality REUTERS tional, said in a statement. Foran told reporters during a December tour of Sams Club stores where members bulk buy - that WalMart aims to have private labels make up a fifth of its China sales within the next decade, up from less than 1% now. Private labels typically price at 10-40% below local brands, but profit margins are higher for the retailer. They make up close to half of sales in Britain. Bracy said the retailer is rationalizing its supply chain in China and building its own distribution centers to manage quality, while also lowering costs. Our costs have come down so much on pork that people ask us, Gee, is it too low? They wonder, Is it legitimate? Can we trust it? he said. On an annual basis, Walmart Internationals revenue growth last fiscal year was the slowest in four years. being cheap and not very safe. Wal-Mart has previously exited markets such as Germany and South Korea where its cheap prices and large stores model failed to work, but it has stuck it out in China, the worlds second-largest economy, for nearly two decades, struggling with its brand positioning. Its international business has been under the spotlight after it was accused in 2012 of bribery in Mexico, its biggest business outside the United States. It later launched graft probes in China and Brazil and in India, where the investigation hit its first-mover advantage in a $500bn market. The graft has less of an effect on the business in China, but food safety scandals - from fatal tainted milk to recycled gutter oil used for cooking - have hurt it. In January, Wal-Mart recalled its popular Five Spice donkey meat after tests showed traces of fox meat. Food, especially fresh produce and meat, is an acknowledged traffic driver for Chinese hypermarkets, making it a bigger part of the retail equation than elsewhere. Thats the most fundamental thing about getting food right, said Bracy. If you ... say, Im not satisfied with the quality, then you may go to another store. So we lose not just the food purchase, but also the jean purchase.
'The widespread deceleration in productivity since the crisis could presage the beginning of a new lowgrowth era'
The report echoed Australias attempt to push an agenda for growth as it hosts finance ministers and central bank chiefs from the Group of 20 major economies in Sydney this weekend. Australian Treasurer Joe Hockey has been pressing for the adoption of a formal global growth target which would be more ambitious than the International Monetary Funds current forecast for 2014 of 3.7%. The widespread deceleration in productivity since the crisis could presage the beginning of a new low-growth era, warned Pier Carlo Padoan, deputy secretary-general and chief economist at the Paris-based OECD. These concerns, already prevalent among advanced OECD countries for some time, now encompass emergingmarket economies and are fuelled also by
Mixed messages
Chinese consumers seek out large foreign brands for reliability and quality, said James Roy, an associate principal at Shanghai-based China Market Research. Yet theyre seeing mixed messages from Wal-Mart because they have tried to sell the every day low prices concept and Chinese consumers equate every day low prices with
Chinese customers prefer small neighborhood stores, where they dont have to travel far and can buy just a few items per visit. Its a similar picture in Brazil, where market leader Grupo Po de Acar (GPA) better serves local customers preference for smaller convenience stores. GPA also appealed to Brazilians desire for special deals with limited duration, heavily advertised promotions. The big box store model has been a costly mistake in terms of real estate losses for Wal-Mart, said Stephen Springham, senior retail analyst at Planet Retail in London. As more Chinese opt to shop online, the US firm acquired web retailer Yihaodian in 2012, which claimed 24 million online users last October. China, though, will be a slow turnaround for Wal-Mart, said Himanshu Pal, director of retail insights at London-based Kantar Retail. They are not able to invest as much as they should because shareholders are not as patient as they used to be, especially with US and European markets not doing very well. l
Oil markets cap solid week with retreat n AFP, New York
Oil prices fell on Friday amid as investors booked profits from the weeks solid gains that put prices at their highest point since the start of 2014. New Yorks main contract, West Texas Intermediate (WTI) for April delivery, lost 55 cents in its first day of trade, closing at $102.20 a barrel. In London trade, Brent North Sea crude for delivery in April slid 45 cents to settle at $109.85 a barrel. The petroleum markets are seeing some moderate profit-taking to finish the week, said Tim Evans of Citi Futures. l
IDLC Finance Limited on Wednesday held a seminar titled Loan Syndication - Past, Present and Beyond. The seminar was aimed at promoting better management of various loan syndication deals in the country
BRAC Bank has opened a new service outlet on Wednesday in Uttara to provide most modern banking services to growing customers in the township. Tamara Hasan Abed, senior director, Enterprises, BRAC formally inaugurated the outlet at Jashim Uddin Avenue
Mutual Trust Bank Limited has recently opened its eighth Smart Banking Kiosk at WW Tower, Motijheel C/A in Dhaka. Syed M Altaf Hussain, CEO of WW Grains Corporation inaugurated the Smart Banking Kiosk having three modern automated teller machines (ATMs) and cash deposit machine at a ceremony held at WW Tower
BD Finance Capital Holdings Limited, a full-fledged merchant bank signed a brokerage service agreement with PFI Securities Ltd on Wednesday. Mohd Ahsan Ullah, managing director and CEO of BD Capital and Kazi Fariduddin Ahmed, CEO and managing director of PFI Securities Ltd signed the agreement on behalf of their companies
Shamim Ahmed Chaudhury has been appointed as the president and managing director of AB Bank Limited. Prior to his present position Chaudhury was working as the president and managing director (Acting) at the bank. Shamim Ahmed Chaudhury, Masters of Business Administration with major in Finance started his banking career as a management trainee with American Express Bank Limited in 1980
Arafah Islami Bank Training and Research Academy held a day-long workshop on AML & CFT issues for BAMLCOs on Feb 18. The banks managing director Md Habibur Rahman inaugurated the course as chief guest
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could be monitored by the IMF and the Organization for Economic Cooperation and Development and that EUs policy coordination and surveillance could serve as a model. The onus would be on the rich nations to pick up the baton on growth from the developing countries, who had carried the world economy in the wake of the global financial crisis. The emerging members have also been pressing for the US Federal Reserve to try to avoid sparking market volatility through better messaging as its throttles back on asset buying. There was never much expectation the Fed would consider actually slowing the pace of tapering, but its emerging peers were hoping for more cooperation on policy. I think if there was a no surprises policy in relation to monetary policy, and that central banks around the world have reasonable warnings of what may be events that do create market volatility, then I think that is not unreasonable, said Australias Hockey. l
Delegates of the G20 Finance Ministers and Central Bank Governors pose for the group photo in front of Sydney's iconic landmarks, the Opera House (right) and Harbour Bridge AFP
G20 Finance Ministers and Central Bank Governors begin their annual meeting in Sydney. G20 host Australia urged better advance notice of policy changes by central banks to avoid shockwaves for emerging economies at a meeting of finance ministers where rifts over US monetary policy loomed large AFP