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Articles in the Featured Category

Bangladesh, Featured »

[4 Aug 2017 | No Comment | ]

by Sujoy Mohajan in Prothom Alo, Aug 3, 2017 at 14:00 pm
IBBLAfter major shakeup in ownership and management early this year, Islami Bank Bangladesh Limited (IBBL) has shown in recent times signs of decline.
Both its deposits and income have fallen, but loan disbursement has increased — a situation that has created cash crunch for the country’s largest private commercial bank.
This financial status has been reflected in the statement of the IBBL, which is listed with the stock market.
The bank’s aggregate deposit from customers in the first half of this year …

China, Featured »

[2 Aug 2017 | No Comment | ]

By Minnie Chan in South China Morning Post, ug 1, 2017 at 11.54pm
From a rebel force 90 years ago to today’s multipronged military machine, China’s army – the world’s biggest – is marching rapidly into a new era to the drumbeat of President Xi Jinping.
The People’s Liberation Army (PLA) showed off the hardware achievements of its military modernisation at an anniversary parade in Inner Mongolia on Sunday, with analysts saying the show of force reflected Xi’s ambition to emulate the power of predecessors Mao Zedong and Deng Xiaoping.
Xi, the Communist …

Business, China, Featured »

[2 Aug 2017 | No Comment | ]

by Sidney Leng in SOUTH CHINA MORNING POST, Aug 2, 2017
The Chinese government likely will drop its annual gross domestic product target after the Communist Party of China’s 19th Party Congress this autumn, a research agency’s chief executive said on Tuesday.
Louis-Vincent Gave, co-founder of Gavekal Research, told a Hong Kong briefing that Beijing is likely to abandon an annual economic growth target because it is increasingly costly for China to run after a headline growth rate at the cost of delaying much-needed structural reforms. Although the move could slow down …

Bangladesh, Featured »

[1 Aug 2017 | No Comment | ]

by Moinul Hoque Chowdhury in bdnews24.com, July 29, 2017 at 10:46 BdST
Several Islamist parties that defected from the BNP-led alliance after the 10th parliamentary election are forming a new coalition with the Awami League, a move considered to add a new dimension to the count of votes in the next polls.
The initiators of the new alliance wish to take part in the next election, scheduled to be held in one and a half years, aligned with the ruling party’s boat symbol through negotiation.
Lawyer Nurul Islam Khan, the chief of the …

Bangladesh, Featured »

[1 Aug 2017 | No Comment | ]

Report in The daily star, Aug 1, 2017
Most civil society members during talks with the Election Commission yesterday spoke for restoring “no vote” system and ensuring a level-playing field for all political parties to hold the next election in a free, fair and participatory manner.
They also suggested army be deployed alongside regular law enforcers during the polls, due in January 2019, to remove fear among voters, candidates and election officials.
Most of the participants disagreed with the chief election commissioner’s recent remarks that the EC had nothing to do if activities …

Featured, Pakistan, Trade »

[31 Jul 2017 | No Comment | ]

by Khaleeq Kiani in Dawn, July 31st, 2017
Amid political turmoil the country’s internal and external accounts appear to be entering uncertain territory.
The fiscal account, after showing marked stabilisation over the past four years, has started a downhill journey as evident from the 2016-17 budget deficit that was higher than a year before as tax machinery was Rs250 billion behind target.
The external account is on an even more precarious path as all of its three key sources are going down, stagnating or not picking up.
Exports have been falling for a few …

Business, China, Featured »

[31 Jul 2017 | No Comment | ]

By Wang Jiamei in Global Times, July 30, 2017 at 18:23 hrs
The author is a reporter with the Global Times.
An investigation has found that Shenzhen, South China’s Guangdong Province, isn’t just losing low-end factories, it’s also losing advanced manufacturers, a warning of a hollowing out of the local industrial base. Higher costs for rent, labor and raw materials certainly explain some of the situation for advanced manufacturers, but another major factor is the excessive pursuit of tertiary industry, a misguided development strategy that deserves serious attention.
While it is worth praising …

China, Featured »

[31 Jul 2017 | No Comment | ]

(Report in Global Times, July 30, 2017 at 17:33:39
The article was compiled based on a report by Beijing-based private strategic think tank Anbound)
Chinese privately owned Landbridge Group has been in the headlines in Australia recently. In 2015, the Chinese company paid A$504 million ($402.52 million) for a large number of terminals, land and facilities at the Port of Darwin, including a 99-year lease on the port. According to media reports, Landbridge pledged to spend more than A$1 billion expanding the Darwin port and reclaiming land so as to establish a …

Bangladesh, Featured »

[31 Jul 2017 | No Comment | ]

More than 320 people have been unlawfully detained or have disappeared in Bangladesh since Prime Minister Sheikh Hasina’s Awami League party took office eight years ago, according to Odhikar, a Dhaka-based human rights group. Plucked from their homes or off the streets by plainclothes members of Bangladesh’s rapid action battalion or the detective bureau of the Dhaka police, the victims increasingly include members of the political opposition, as well as suspected criminals and Islamist militants. Among the 90 people who disappeared last year, according to Odhikar, of which 21 were …

China, Featured, India »

[31 Jul 2017 | No Comment | ]

by Minnie Chan in South China Morning Post, July 31, 2017
Raised border tensions between the two Asian giants could also threaten Beijing’s ambitious trade and infrastructure outreach plan, the “Belt and Road Initiative”, experts have warned.
Chinese and Indian troops have been locked in an eyeball-to-eyeball stand-off for over 40 days in a desolate region of the Himalayas that is also claimed by India’s ally Bhutan. Both sides blame each other for escalating the dispute by deploying troops in the area.
Macau-based military expert Antony Wong Dong warned that Beijing’s hardball politics …