Protests Erupt Over Rickshaw Ban in Dhaka
Protests Erupt Over Rickshaw Ban in Dhaka
A w a m i
Finds TIB about candidates
NILIMA JAHAN
The app’s main mission was Shifting focus from its earlier position to keep relatives
L e a g u e of 2nd phase UZ polls
The government’s “Joy” app, developed lawmaker
to provide immediate rescue of its lawmakers from the upazila election, the ruling A nwa r u l STAFF CORRESPONDENT
with a budget of Tk 45 lakh to tackle
violence against women and children services during various Awami League now seeks to minimise internal feuds Azim Anar of
emergencies, including centering on the polls and increase the voter turnout. Jhenaidah-4 More than 57 percent candidates running in the
during emergencies, received only six
physical and sexual violence, Party sources say their grassroots have been directed constituency second phase of the upazila polls are businesspeople,
rescue requests in five years and nine
sexual harassment, or child to avoid infighting and mudslinging during the polls has been “missing in India” according to the affidavits they submitted to the
months.
marriage. period. for three days. Election Commission.
Since its inception in July 2018, it
“We have instructed the grassroots to shun The three-time MP and Of all the candidates vying for the chairman posts,
got two rescue requests that year, three
infighting over the upazila polls. We decided not to president of Kaliganj upazila 70.51 percent said they were involved in business, while
in 2019, and none in 2020 and 2021. It
received one in 2022, and then again give party nomination and allow anyone to use the unit AL went to India on 68.73 percent of the vice chairman candidates listed
reported rape incidents, yet none were party symbol for a reason. Our aim is to make the business as their profession.
none in 2023 and so far in 2024. May 12 to receive medical
reported through the app. election participatory. We want a festive election held The numbers were presented by Transparency
However, emergency situations treatment, Mumtarin
The app’s main mission was to provide in a competitive mood. But we don’t want to see any International Bangladesh (TIB) yesterday at their office
involving violence against women and immediate rescue services during Ferdous Doreen, daughter
children have not only continued but conflict in the name of competition,” AL Organising of the 56 year old, told The in the capital’s Dhanmondi, following an analysis of
various emergencies, including physical Secretary Mirza Azam told The Daily Star. candidates’ affidavits.
have, in fact, risen alarmingly. and sexual violence, sexual harassment, Daily Star yesterday.
According to Ain O Salish Kendra, at He said they expect a higher turnout in the second “We last had contact The upazila polls are being held in phases. The first
or child marriage. phase of the polls, to be held in 158 upazilas tomorrow.
least 6,641 women were reportedly raped with my father three days phase was held on May 8, while the second is scheduled
However, it has been getting requests The party directive to the grassroots not to engage
and 321 murdered after rape from 2020 for many other purposes except its ago. We are very worried,” for tomorrow.
to January 2024. in infighting comes as incumbent ministers and she said. Around 70 percent of chairman candidates in the
primary one.
In 2020 alone, there were 1,627 SEE PAGE 2 COL 4 SEE PAGE 6 COL 1 SEE PAGE 2 COL 1 SEE PAGE 7 COL 5
NEWS
DHAKA MONDAY MAY 20, 2024
2
City
JAISHTHA 6, 1431 BS
Invest in UZ ELECTION
movement but
if they carry
doesn’t seem to provide official
residences for their opposition
completed.”
HISTORY OF 29 MINTO ROAD
without any security guards, while
renovation workers were on-site.
with dengue Dhaka North City Corporation
Mayor Atiqul Islam yesterday said
out arson leader, and the political system Minto Road is one of the safest The courtyard features green UNB, Dhaka the metro rail authorities should
does not formally designate such a areas in Dhaka. It is also known as grass and various trees -- including hand over the Farmgate Anwara
attack, we will position in the US. Thirty-four more people park to them as soon as possible.
“Mantripara” (ministers’ area). pine, radhachura, krishnachura,
take actions. But did you know Bangladesh According to the PWD, house mango, jackfruit, papaya, and were hospitalised with He said the park was handed
OBAIDUL QUADER stands out in this regard? number 29 was built on two and a banana. Around 30 people, who dengue in 24 hours till over to the metro authorities for
Awami League Have you heard of 29 Minto half acres of land during the British work in various government yesterday morning. constructing a yard. The work is over
general secretary Road, the official residence of period for the then government departments, live in a semi-pucca Of the new patients, eight but now it is being heard that a shopping
the leader of the opposition in officials to live. After independence, tin-shed house on the premises. were admitted to hospitals mall would be built there.
Bangladesh? the house was earmarked for the Mahbub Hasan, PWD executive in Dhaka, according to “But we want to keep it as a playground...,” he
Don’t worry if you didn’t know leader of the opposition. engineer, said due to the prolonged the Directorate General of said, speaking at a programme in Dhaka.
about it; you are not alone. The The house was last used by the absence of an opposition leader, Health Services (DGHS). Atiqul came up with the demand a day after
red-and-white building has faded then opposition leader Khaleda unauthorised individuals had Currently, 131 patients a group of protesters gave an ultimatum to the
from public memory, having not Zia in 1996. But she didn’t live taken up residence in the house, are receiving treatment metro authorities to return the park to the public
been inhabited by anyone for over there. She used the building as her but they have all been served at hospitals across the within the next 30 days.
two decades. political office until 2001. Since notices to vacate. country. The group comprising of rights activists,
But this is about to change. then, no other opposition leader “Hopefully, renovation works So far, 2,628 dengue environmentalists, and teachers have warned that
The house, once neglected and in has moved into the house. will be finished in the next two cases have been reported if the park is not handed back to the people within
disrepair, is coming back to life. After the 10th parliamentary months,” he said. since January 1, said DGHS. a month, they will launch a tougher movement.
2nd Edition
NEWS
DHAKA MONDAY MAY 20, 2024
4 JAISHTHA 6, 1431 BS
Al Musabbir
Library with 15,000 books Anwara Ahmed
passes away
X-ray machine
Sadi’s death FROM PAGE 5 Dr Muhammad Nasir
anniversary
STAR REPORT
on verge of collapse CITY DESK
A nwa ra
Ahmed,
Tangail and Sherpur come
to this clinic seeking free
treatment for chest-related
complications.
Uddin, a junior consultant
at the clinic, admitted that
the clinic urgently needs to
install the X-ray machine
The 13th death anniversary
of Al Musabbir Sadi, a
Renovation stalled due to lack of fund wife
Manzoor
of “I came here to avail of
the free treatment while
and arrange for other
diagnostic facilities.
renowned sports journalist S DILIP ROY, Lalmonirhat Ahmed, also for the ease of access, Dr Md Nazrul Islam, civil
and former general professor emeritus at but now I am being referred surgeon of Mymensingh,
secretary of Bangladesh A village with its own library, that Brac University, chair of to BRAC centre and other claimed that he wrote
Football Federation (BFF), too with a collection of around Bangladesh ECD Network hospitals for tests,” said to the higher authorities
will be observed today. 15,000 books, is a wonderful, yet (BEN), and adviser to Abul Hossain, 42, from concerned for a secured
Sadi, also a senior rare feat in our country’s context. CAMPE Council, passed Paranganj in Mymensingh room to install the machine
member of Bangladesh Tiparbazar in Lalmonirhat’s away on May 18. She was 86, Sadar upazila. after he joined there three
Sports Journalists Aditmari upazila is one such rare said a press release. Abdul Kashem, 58, years ago.
Association (BSJA), died of village. Local youths, led by Jamal She is survived by her another patient, echoed “The Health Engineering
cancer in 2011 at the age of Hossain, established Sarpukur husband, one son and the same. Department recently
44. He left behind his wife Youth Forum Library with three daughters, seven Advocate Nazrul informed us that they
and two children to mourn only 10 books in 2014. grandchildren and a host Islam Chunnu, convener would build the X-ray room
his death. Back then, of relatives and friends. of a citizens’ platform this year,” he also said.
Sadi, prominently Jamal was just a She was laid to rest in Jonouddogh Mymensingh, Prof Dr Mazharul
known as Pommel, worked schoolboy. He Banani Graveyard. said, “It is sheer negligence Islam, director (health) of
at The Daily Star from 2004 felt the need for Anwara was born in of the clinic authorities in Mymensingh division, said
to 2009 before joining the a library in the performing their assigned the prevailing problems
Kolkata on July 2, 1938
BFF as the first-ever paid village for helping teacher, said, “The library played duties towards the at the clinic should be
the library. and her family was from
general secretary in 2009. the youth excel in an important role in spreading the patients.” mitigated soon.
During his journalism Unfortunately, Satkania, Chattogram.
their studies. The the members of the light of education in the village
career, he wrote two books and its neighbouring ones over the
Daily Star published library’s committee
on legendary cricketers years. Its renovation is necessary.”
a report on it in 2017. are unable to bear the
Sachin Tendulkar and Shamsul Haque, 58, a farmer
Brian Lara. All relatives and The library was set cost of the renovation
up in a small, tin-shed work as all of them are still in the village, said many farmers,
well-wishers are requested
house on land owned by RDRS students. including himself, visit this library
to pray for the salvation of
Bangladesh, a non-government Visiting the library recently, this to read books on agriculture, and
the departed soul.
organisation. correspondent saw the corrugated they have been greatly benefitted
The founders, who are now iron roofing has become rusty with from it.
PRAYER studying in different colleges and
universities now, still continue to
holes, leaking rainwater inside the
library. The walls and bamboo poles
“The farmers would cooperate
in repairing the library house,” he
TIMING oversee the library’s affairs. supporting the hut have become added.
MAY 20 However, over the years, the fragile and may collapse any time. Jamal Hossain, founder
hut that houses the library has Niramoy Kumar Roy, a schoolboy president of the library, said, “The
Fazr Zohr Asr Maghrib Esha
become dilapidated and is now in studying in the library, and Sujan renovation work is being discussed.
AZAN 4-05 12-45 5-00 6-40 8-00 Everyone in the village is ready to
urgent need of renovation. A new Mia, a college-goer, echoed the
JAMAAT 4-40 1-15 5-15 6-45 8-30 same. contribute to this end. Hopefully it
structure is also necessary to keep
SOURCE: ISLAMIC FOUNDATION the more than 15,000 books inside Shyamal Chandra Roy, a school will be repaired soon.”
CITY 5
DHAKA MONDAY MAY 20, 2024
JAISHTHA 6, 1431 BS
NEWS
AL working to contain feuds Govt mulling taxi service revival
FROM PAGE 1 vice-chairman (reserved) in as many Besides, relatives of a whip and an AL FROM PAGE 12 Ltd sought BRTA’s permission for a Division.
MPs, defeated MP candidates and the upazilas. central committee member are in the taxicabs have exceeded their fleet of 3,000 AC taxis in the capital, The division will hold a meeting
so-called AL independent lawmakers Besides, no election is needed in two race. economic life, they said. a BRTA official said. to “expand/assess” the taxi service
who won the January 7 national election upazilas -- Cumilla Adarsha Sadar and A total of 457 platoons of Border The economic life of the remaining As per its proposal, it will deploy in cities, according to the meeting
are all trying to tighten their grip on Chattogram’s Raozan -- as candidates Guard Bangladesh (BGB) have been 29 taxicabs will expire in December. 500 taxis for women, which would be notice. The meeting is expected
local politics by having their favoured in all three posts have won uncontested. deployed to maintain law and order Some taxicabs were turned into driven by women too, the official said, to be attended by the police
candidates win the upazila polls. In the 158 upazilas in the second ahead of the voting day, reports UNB. personal vehicles, they added.
The results of the infighting wishing not to be named. commissioners of all major cities and
phase, 605 candidates are running for “Taxicab service barely exists in the
involving the January 7 election were Meanwhile, Chattala Service representatives of transportation
also reflected in the first phase of the
chairman, 694 for vice-chairman and
529 for female vice-chairman posts. 4 Arsa men held country now,” BRTA Chairman Nur
Mohammad Mazumder said.
Private Ltd wants tp provide taxi associations.
upazila polls, held on May 8. The ruling party seems to have FROM PAGE 12
services in Chattogram city with 500 An official of the division said:
Fifty-five candidates supported 2 FIRMS SEEK PERMITS taxis, he said. “Taxi service is dormant now; the
softened its position on relatives after camps and are accused in the cases
by ministers and MPs won the local its instructions were ignored by the Of the two companies wishing Upon receiving their applications meeting will discuss how to revive
filed over those incidents, he said.
election race, while 38 lost. Seven grassroots. The party later narrowed to operate taxis in Dhaka and last year, BRTA forwarded those to it... If necessary, the guideline will be
At least four Rohingyas were killed
relatives of ministers and MPs were the definition of “relatives” down to just Chattogram, Carnival Automobiles the Road Transport and Highways amended too.”
in mid-May in the Ukhiya camps.
elected, while six lost. Three children of children and spouses. At the press briefing, Arefin Jewel,
MPs have also won the chairman post. In the second phase, 17 relatives of
Bangladeshis stay indoors
second-in-command of the battalion,
Attracting more voters is also on MPs, including two ministers and one said several teams of APBn conducted
AL’s mind as turnout in the first phase state minister, are running. raids after learning that some armed
was recorded at 36 percent, the lowest Nazrul Majid Mahmud, younger criminals gathered at a hill near FROM PAGE 12 foreign ministry statement. making deliveries.
since 2009. brother of Industries Minister Nurul
Party leaders expect a better turnout Rohingya Camp 20 (extension) of 13. A criminal case was initiated, It said through the embassy, Besides, locals were also helping
Majid Mahmud Humayun, is running
this time as they try to ensure equal Ukhiya upazila early in the morning. reported Kyrgyz media. the Bangladesh government is the international students, she said.
for chairman from Monohardi of
electioneering opportunities for all. Narsingdi. Eashanul Hakim, cousin When they reached the spot, the Around 3,000 police personnel coordinating with Kyrgyzstan “Some male students are going
AL sources say the turnout in the of Railways Minister Zillul Hakim, is criminals opened fire on the APBn have been deployed, they said. ministries of foreign affairs and out, and there was no problem since
first phase was low as candidates from running for chairman from Baliakandi members, triggering a gunfight. Later Meanwhile, Bangladesh expressed internal affairs to ensure the safety Saturday night,” she said.
the ruling party did not campaign hard of Rajbari. Jamil Hasan, elder brother of on, four of the criminals were arrested, concerns over the mob attacks on and security of the students. There are around 60,000
since BNP and other major political State Minister Rumana Ali, is running while others managed to flee, he said. South Asian students, said Foreign Jerit Islam, a representative of the foreign students, including 1,000
parties boycotted the polls. for chairman from Sreepur of Gazipur. Later, according to the information Minister Hasan Mahmud during a Bangladeshi students in Bishkek, Bangladeshis, studying in Kyrgyz
The ruling party’s desire to make the Brothers of two former ministers provided by the arrestees, four hand discussion organised by Overseas said the Bangladeshi students were medical universities, which have
election look participatory is also not Nuruzzaman Ahmed, MP from grenades, seven locally-made guns, Correspondents Association planning to return home after their easy admission procedures and
working in some cases. Lalmonirhat-2, and AHM Mustafa two walkie-talkies with chargers, nine Bangladesh (OCAB) at the Jatiya semester final exams by late June, but comparatively low cost.
Even before the voting day in the Kamal, MP from Cumilla-10, are running rounds of bullets, and sharp weapons Press Club yesterday. the exams are yet to be completed. There are also migrant workers
second phase, seven candidates each for chairman. Nuruzzaman’s younger were recovered, he added. He said Bangladesh ambassador They will sit for the exams online after from the South Asian countries,
have been elected unopposed as brother and son are vying for chairman Legal procedures over this incident in Uzbekistan will go to Kyrgyzstan returning home on charter flights. including Bangladesh, India, and
chairman, vice-chairman, and female from Kaliganj upazila of Lalmonirhat. are underway, he added. to address the challenges the “We have also talked to our Pakistan.
Bangladeshi students are facing. embassy in Uzbekistan. They said they
He said Bangladeshi students came would support us by communicating 49 constituencies
Another Bangladeshi on Mt Everest
under attack, but none faced major with the civil aviation authorities FROM PAGE 12
injuries. of Kyrgyzstan,” he told this Besides Rahul Gandhi, Rajnath Singh and
“We are closely monitoring the correspondent. Omar, Commerce and Industry Minister
FROM PAGE 12 Himalayas in Nepal and India since 2014. latest Bangladeshi to summit the Everest. situation through our embassy in “It won’t be safe if we plan to fly Piyush Goyal is among the 695 candidates
come back to the table,” said the In 2022, he climbed Ama Dablam, a His father mirrored the reaction of Uzbekistan, concurrently accredited home individually,” Jerit added. who will be in fray in the fifth phase.
beaming father, recalling his son’s mountain that is considered especially the rest of the country to this news. to the Kyrgyz Republic. The embassy is Asked how the students were The voter turnout in the fifth
early days. difficult as it involves technical challenges “Our happiness knows no bounds. in constant communication with our getting food and other supplies phase will once again be in focus after
“He was a brilliant student but had like ice climbing, rock climbing, and We are worried as well, but the students, as well as with the Kyrgyz as they are staying indoors, Samia the turnout in the same seats in the
no aim in his early academic life. So, high-altitude mountaineering. happiness far outweighs that. What government officials,” according to a said the university authorities were first three phases has been less than
he became a doctor as per our wishes,” He started his Mount Everest Babar has done is a matter of great compared to 2019.
said Lutfun Nahar. adventure on April 1, and reached the pride for the nation.” However, that trend was broken in the
Babar completed his MBBS degree
from Chattogram Medical College,
base camp on April 10, according to a
press release issued by his organisation,
Turning his focus, Babar Ali now
looks to create history, setting his
Invest in country’s economic zones fourth phase on May 13 when the overall
voter turnout in 96 constituencies was
going on to achieve an MPh degree Vertical Dreamers. course towards Mount Lhotse, the 69.16 percent, slightly higher than the
from Chittagong Medical University,
FROM PAGE 2 Alam, and Chairperson of the SME
To acclimatise to the extreme fourth-highest peak in the world. He She said that if proper training is turnout in the same seats in 2019, as
followed by Postgraduate Training Foundation Professor Md Masudur
conditions, Babar went up to Everest will begin his summit attempt once he provided, it will be possible to produce per the EC data.
from Dhaka’s Bangabandhu Sheikh Camp II on April 26 and then returned has made his way back to Camp IV. If Rahman also spoke.
those mechanical parts, which can A documentary on the Ministry of Until now, the Lok Sabha elections
Mujib Medical University. to the base, and sat tight for the right successful, he would become the first also be exported to many countries. in 2024 has seen the voter turnout
Throughout his time as a student, he weather to begin the real journey. Bangladeshi to summit this peak. Industries and SME Foundation was
“It will create a market in our own screened at the programme. of about 66.95 percent. Around 451
never missed an opportunity to explore The time finally came on May 14 and As of 7:30pm yesterday, he had country with the increase in our million people have already voted in the
the country. he began his journey, reaching Camp II reached Camp IV. On this occasion, the prime minister
purchasing capacity,” she said. first four phases of polling, according to
“He was especially fond of visiting later the same day, Camp III on May 17, Before him, Musa Ibrahim (2010), handed over the crests and certificates
Industries Minister Nurul Majid the EC.
the Chattogram Hill Tracts, or places and Camp IV the day after. MA Muhit (2011), Nishat Majumder Mahmud Humayun presided over the to seven micro, small, medium, and Rahul Gandhi is trying his luck in
with a waterbody that he could visit on Babar started the final stretch of his (2012), and Wasfia Nazreen (2012) programme where Senior Secretary start-up entrepreneurs who have won Rae Bareli in Uttar Pradesh, the Nehru-
a boat,” said Liakat Ali. “This is how his journey in the early hours of May 19. He successfully summited Mount Everest. of Industries Ministry Zakia Sultana, the National SME Entrepreneurship Gandhi family stronghold vacated by his
passion for climbing grew.” climbed the rest of the way to the peak, Mohammed Khaled Hossain had also President of the Federation of Award 2023. mother Sonia Gandhi. BJP has fielded
In fact, Babar is a prolific climber, known as the Death Zone, between summited Mount Everest in 2013 but Bangladesh Chambers of Commerce The prime minister also visited Uttar Pradesh minister Dinesh Pratap
having summited 11 peaks in the midnight and dawn, and thus became the passed away during his descent. and Industry (FBCCI) Mahbubul different stalls at the exhibition. Singh as its candidate from Raebareli.
INTERNATIONAL 7
DHAKA MONDAY MAY 20, 2024
City JAISHTHA 6, 1431 BS
The Daily Star EDITOR & PUBLISHER: Mahfuz Anam Registered & Head Offices: The Daily Star Centre Newsroom: Fax- 58156306 Advertisement: 01711623910 Subscription: [Link]
Reg. No. DA 781 Printed by him on behalf of Mediaworld Ltd at Transcraft Ltd, 229, 64-65 Kazi Nazrul Islam Avenue, Dhaka-1215 reporting@[Link] advertisement@[Link] 01711623906 [Link]/
Tejgaon Industrial Area, editor@[Link] Phone: 09610222222 GPO Box: 3257
OPINION 9
DHAKA MONDAY MAY 20, 2024
JAISHTHA 6, 1431 BS
Scan the QR
Code to watch
the latest
episode of The
Daily Star’s
podcast
CYCLE OF REGRET?
ABDULLAH AL MEHDI
‘Leverkusen engraved in
BUNDESLIGA HISTORY’
AGENCIES “We will remember this day. It is a
special day to have the league trophy
Bayer Leverkusen’s undefeated run to here and having done it undefeated.
their maiden Bundesliga title will need This team has now been engraved in
time to sink in as coach Xabi Alonso Bundesliga history.”
said that the club now have made Alonso’s team also stretched their
themselves an irreplaceable part of European record unbeaten run
the German top-flight football‘s across all competitions this season
history. to 51 matches as they look to add
Long derided as ‘Neverkusen’ for two more titles next week.
their failure to win a major title for While Xabi realises how big
decades, Leverkusen became the an achievement is to go an entire
first-ever team in the Bundesliga to season unbeaten is for his team, he
complete a full season without a loss also mentioned that they barely have
following a 2-1 victory over Augsburg a moment to enjoy their exceptional
in the season finale on Saturday. season as they are chasing more
The club hailed the achievement by trophies in an attempt to complete the
giving themselves a new nickname on treble.
their social media channel - ‘Bayer 04 Leverkusen face Atalanta on
Neverlusen’. Wednesday in the Europa League final
“It is an exceptional season, not only before taking on Kaiserslautern in the
We have to be
in Germany but in Europe,” Alonso said German Cup final on May 25.
in a press conference. “We deserve now proud of the way we played. “I believe it (the unbeaten title win), but Ukraine’s Oleksandr Usyk lands a punch on Britain’s Tyson Fury during a heavyweight boxing world
to be part of that history of European 90 points and undefeated,” he said. I need more time. But we have no time championship fight at Kingdom Arena in Riyadh, Saudi Arabia on Saturday. Usyk beat Fury by split
football. In 20 years we will look back “We need a bit more time to value this because we have the next big goal (on decision to win the world’s first undisputed heavyweight championship in 25 years. Usyk, who remains
and we will say ‘we did that’. title. The first Bundesliga title but a big Wednesday). It is a unique opportunity,” undefeated, joins the likes of Muhammad Ali, Joe Louis and Mike Tyson as undisputed heavyweight
“It is an important day for the club. Bundesliga title victory. Alonso said. champion, the first since boxing recognised four major belts in the 2000s. PHOTO: REUTERS
City
Bangladeshi Bangladeshis
on Mt Everest stay indoors
AZMIN AZRAN and SIFAYET ULLAH for fear of
On Sunday morning, Liakat Ali and
Lutfun Nahar’s home in Burischar of
mob attacks
Chattogram’s Hathazari upazila was filled DIPLOMATIC CORRESPONDENT
with utter elation as their son Babar Ali, a
doctor and already a source of immense Out of fear, foreign students, including
pride for the family, became the newest Bangladeshis, are mostly staying indoors
Bangladeshi to in Bishkek of Kyrgyzstan even though the
summit the Mount situation, following attacks on foreigners,
Everest. has largely been stable since Saturday
Yesterday, at night.
8:30am local “The situation is now stable. A good
time (8:45am number of police personnel have been
Bangladesh time), deployed. We have been, however,
Babar summited instructed to stay indoors,” Samia Kabir,
the 8,849 metre a Bangladeshi medical student in Bishkek,
peak, the highest told The Daily Star yesterday.
in the world. The Bangladeshi students are trying
He is the first Babar Ali to come home on charter flights amid
Bangladeshi to do a tense situation after mob attacks on
so in the last 11 years. international students since the evening of
Sitting in the middle of a living room May 17, said a representative of Bangladeshi
with showcases stacked top to bottom students there.
with crests and trophies as proof of their The tension boiled over after videos
son’s many achievements in life, Liakat Ali of a fight between Kyrgyz students and
and Lutfun Nahar were the perfect image medical students from Egypt on May 13
of two proud parents. were shared online.
“Babar was a bit restless and adventurous According to the Kyrgyz health ministry,
PHOTO: ANISUR RAHMAN
as a child, but he was always very talented. 29 people were injured. According to
He couldn’t sit down and study for long, Locals of Trimohoni Khilgaon’s Notun Nasirabad area in DSCC’s ward-75 had to build this makeshift bamboo bridge over a canal by the police, four citizens of Egypt were
he’d get up and walk around a bit and then themselves, as their repeated requests for a concrete bridge remain unheeded. The authorities concerned seem oblivious to the fact that detained over a brawl in a hostel on May
SEE PAGE 6 COL 1 many people, including children, may be at risk, as hundreds cross this rickety structure every day. The photo was taken yesterday. SEE PAGE 6 COL 4
BUSINESS
Although there are
around 40 steelmakers in
Bangladesh, just four based
in Chattogram are currently
catering to 53 percent of
the total demand
Story on B4
652.2
This is around 5 percent of the nation’s
603.9
gross domestic product (GDP), said the be difficult to attain because of the persisting
538.5
independent think-tank at a dialogue on challenges in the global and local economies,
481.4
the digitalisation of the taxation system. economists and businesspeople said.
The CPD organised the event in Over the last two decades, Bangladesh’s
partnership with the European Union shipment has grown by 10.25 percent annually on
(EU) at the Lakeshore Hotel in Dhaka. Bangladesh’s Development Revenue-to- average. This means if the country wants to pull
“Through the digitalisation of the revenue-to- spending GDP ratio can off the goal by FY27, the export growth has to be
whole taxation system, Bangladesh can accelerated.
GDP ratio becoming rise to 16% The government has fixed the new target in its
30.2
32.6
24.1
26.9
gradually enhance the tax revenue to GDP
low despite debt- by FY30 Export Policy for 2024-27.
7.8
7.2
5.8
6.5
ratio to 16 percent by fiscal year 2029-30,”
said Mustafizur Rahman, a distinguished high dependent Exporters and economists, however, expressed
fellow of the CPD. economic doubts about whether the goal can be hit since
In other words, $167 billion can be growth FY24 FY25 FY26 FY27 consumers globally have long been feeling the
generated in the form of tax revenue by pinch of an elevated level of inflation caused by
FY2030 through digitalisation, he said Nominal GDP the global supply chain disruptions amid the
while presenting a paper. Increase in revenue for mandatory e-filing SOURCE: CPD dragging fallout of the Covid-19 and the Russia-
Tax revenue generation in Bangladesh plan, which ended in 2020. Ukraine war. READ MORE ON B3
remains low in context to its neighbours,
Growth in revenue for e-filing one-fourth of taxes
“Had the target been achieved, the
which has led policymakers, economists entire revenue budget and annual
and stakeholders to draw attention to development programme (ADP) for external STOCKS
the country’s increasing dependence on FY2024 could have been financed with borrowing. the mobilisation of resources through
DSEX CASPI
loans to finance public expenditure. domestic resources,” said Rahman, “It is also necessary to reduce debt taxation, including direct taxation.
Bangladesh’s revenue-to-GDP ratio who co-authored the paper with CPD servicing obligations on account of In Bangladesh, both tax elasticity -- the 1.56% 1.68%
declined from 10.99 percent in FY2010 Programme Associate Isabela Rozario interest and principal payments which change in revenue to change in income 5,431.28 15,737.26
to 8.26 percent in FY2023. The target for Mumu. is eating away an increasing share of -- and tax buoyancy -- which reflects
FY2024, set at 9.9 percent, is also unlikely The tax to GDP ratio is one of the lowest revenue earnings,” said Prof Rahman. efficiency and responsiveness of revenue
to be achieved, said the CPD. in Bangladesh. Among South Asian “The low revenue income has given mobilisation to growth in GDP -- have AS OF
The ratio has also fallen short of the 16 countries, it lags behind all its neighbours rise to a situation where the entire been low, said Rahman. COMMODITIES FRIDAY
percent targeted in the seventh five-year in terms of public expenditure to GDP development budget is having to be Digitalisation can help bridge the gap, Gold Oil
ratio. financed by borrowed money, either detect tax avoidance, remove loopholes,
The CPD said domestic or external.” end exemptions, and reduce tax evasion, $2,413.93 $79.99
greater domestic Low domestic resource mobilisation he said. (per ounce) (per barrel)
resource mobilisation means that there is hardly any surplus in The CPD said the National Board
was important for the revenue budget, he added. of Revenue (NBR) has been able to
Bangladesh to meet “Consequently, this entire ADP has to put in place some basic IT and digital FRIDAY
for public sector external loans.” “However, the experience is that if MUMBAI TOKYO SINGAPORE SHANGHAI
expenditure, ensure a The CPD said Bangladesh has witnessed the entire spectrum of digital-human-
more equitable income rapid GDP growth and a rise in per capita institutional architecture does not work 0.46% 0.34% 0.26% 1.01%
distribution, and cut income over the past couple of decades. in tandem, these will not deliver the 74,005.94 38,787.38 3,313.48 3,154.03
reliance on domestic and However, this has not been reflected in READ MORE ON B3
Mohammad Rayhan, managing director of Walton Plaza, presses a button to inaugurate a number of new models
of products ahead of Eid-ul-Azha at the company’s corporate office in Dhaka recently. PHOTO: WALTON
sharing network control 53% of The word brand means a product, service or
concept that is evidently distinguished from other
products, services or concepts so that it can be
simply communicated and frequently marketed.
resources Brand is the emotional and psychological
At present, the 40
steel consumption in Bangladesh
will rise by 25 percent to around
1.06 crore tonnes in 2027 from
out is eventually essential. What are their needs,
preferences, and pain points? We should tailor the
products and the communication of our brand
up 78% in FY23 percent, GPH 8 percent and KSRM
6 percent.
At present, the 40 steelworks
steelworks active in
Bangladesh have a
85 lakh tonnes at present due
to growing infrastructure
must echo with them effectively.
Consistency is key to building a strong brand.
We must ensure the brand elements i.e. logo,
combined capacity development projects and
STAR BUSINESS REPORT active in Bangladesh have a individual consumption. colours, tone of voice, etc. are consistent across
combined capacity to produce to produce 90 lakh As such, Bangladesh’s steel all touchpoints, from our physical store to website
Bangladesh Krishi Bank (BKB), a state-owned lender, 90 lakh tonnes of steel each year tonnes of steel each and social media.
production capacity is expected Every brand has a story. Share that with an
reported a 78 percent year-on-year increase in losses for against an annual requirement of year against an annual
the fiscal year that ended on June 30, 2023. to rise to 1.30 crore tonnes by art of effective communication. Whether it’s
The bank’s net loss was Tk 2,384 crore, up from the
around 85 lakh tonnes. requirement of around 2027. our journey, mission, or commitment to quality,
previous financial year’s loss of Tk 1,336 crore. Individually, the BSRM has an 85 lakh tonnes BigMint also said Chattogram storytelling cultivates the brand and creates a
Rising interest payments on deposits and loans annual production capacity of accounts for 62 percent of the spiritual connection with customers.
contributed to the loss, according to the financial about 24 lakh tonnes while AKS Having entered the domestic country’s overall steel-melting We should leverage digital platforms to
statements of the bank. 15 lakh tonnes. Meanwhile, the steel industry in 1952, the BSRM capacity while Dhaka can only amplify brand’s reach. Establish a strong online
The classified loans, which are at risk of defaulting, GPH and KSRM can each produce has vast experience in the sector meet 32 percent. presence through social media, website, and email
kept rising. The government-owned lender’s classified around 8 lakh tonnes of steel and a renowned brand image, for Shahriar Jahan Rahat, marketing. Engage with the audience regularly
loan was Tk 6,500 crore, which was 21.51 percent of its annually. and authentically. We must stay relevant to
which the company controls a big deputy managing director of the
total debts. “We expanded our production evolving customer needs.
market share, he said. KSRM, said the steel industry Branding isn’t a luxury reserved for big
While the bank’s profitability and classified loan capacity while maintaining quality, Sumon Chowdhury, secretary in Chattogram was established
situation remain worrying, it did experience growth in corporations, rather it is a strategic imperative
which was helpful in increasing general of Bangladesh Steel around six decades ago and has for enterprises looking for sustainable growth.
deposits. Deposits surged to Tk 40,570 crore in FY23 our market share,” said Tapan Manufacturers Association, echoed greatly developed since then as By embracing branding literacy and crafting a
from Tk 38,086 crore in the preceding year. Sengupta, deputy managing him. access to the Chattogram port robust brand strategy, Bangladeshi entrepreneurs
BKB has been incurring losses for at least 30 years, as director of the BSRM. can elevate their enterprises from obscurity to
it has to lend at lower interest rates while paying more He said there is no scope for major is convenient for importing raw
He said steelmaking is a basic manufacturers to monopolise materials. distinction.
for deposits, highlighting the structural weakness of the We should remember, building a brand isn’t
lender. The bank suffered a loss of Tk 165 crore in 1994-95. industry that provides essential the market as small units remain According to him, major steel
products for infrastructure competitive by offering quality manufacturing plants set up in a one-time effort; it’s an ongoing commitment
It has been in the red since then except for 2000-01 when to authenticity, consistency, and customer-
it logged a profit of Tk 2.91 crore. development. products at lower prices. Chattogram have been contributing centricity. So, embark on branding journey today
The specialised bank was established under a “So, the demand for steel will However, he said market demand to the country’s infrastructure and unleash the full potential of our enterprises.
presidential order in 1973 to support the agriculture keep growing for the next 30 years has slightly reduced due to ongoing development by providing the
sector of the war-torn country. as Bangladesh is moving toward economic pressure. necessary steel products. The author is a banker.
Russia seizes
Deutsche Bank,
China unveils ‘historic’ steps to stabilise
UniCredit assets crisis-hit property sector
REUTERS, Beijing/Hong Kong population. China’s CSI 300 Real Estate whether the government purchase yuan worth of bank financing. It
AFP, Moscow
China Real Estate Newspaper, index of shares jumped 9.1 percent programme will induce private would also further lower mortgage
China announced “historic” steps a publication managed by the on the announcements. sector demand. Clearing inventory interest rates and down payment
A Russian court has ruled that Deutsche Bank
and UniCredit’s assets in the country are to be on Friday to stabilise its crisis-hit housing ministry, said the “It’s a bold step,” said Raymond will increase cashflow to developers requirements.
seized, documents showed. property sector, with the central “heavyweight policies” marked “a Yeung, chief Greater China and help their financial stability, Additionally, it would make
European banks have largely exited Russia bank facilitating 1 trillion yuan significant historic moment” for economist at ANZ of the measures. but it does not address private another 500 billion yuan available in
after Moscow launched its offensive on ($138 billion) in extra funding and the sector. “The biggest problem is sector confidence.” its pledged supplementary lending
Ukraine in 2022. easing mortgage rules, and local After waves of support measures facility to support policies including
A court in Saint Petersburg ruled in favour governments set to buy “some” over the past two years failed to put the redevelopment of some urban
of seizing 239 million euros ($260 million) apartments. a floor under the property sector, areas with older dwellings.
from Deutsche Bank, documents dated May Investors hoped the measures China’s housing ministry said local Officials did not provide an
16 showed. marked the beginning of more governments can instruct state- estimate of the total cost of state-
The same day, it ordered the seizure of decisive government intervention owned firms to buy “some” homes directed housing purchases.
around 463 million euros of assets belonging to compensate for waning demand at “reasonable” prices. Goldman Sachs estimates
to Italy’s UniCredit. for new and old apartments, to slow Municipal financing vehicles, saleable housing inventory at 13.5
Both decisions were issued in answer to down falling prices and to reduce a blamed for what Beijing calls trillion yuan at the end of 2023.
a request from RusKhimAlians, which was growing stock of unsold homes. “hidden debt,” won’t be allowed to There were 391 million square
planning to build a major gas processing Analysts have long called for buy. The homes would be used to metres (4.2 billion square feet) of
and liquefaction plant in cooperation with the government to step in with its provide affordable housing, Vice new housing for sale in January-
German company Linde, which pulled out of own purchases to prop up a sector Premier He Lifeng said, without April, up 24 percent year-on-year,
the project due to Russia’s military campaign. which at its peak accounted for a giving a timeline or a target for the the latest official data show.
RusKhimAlians sued UniCredit and Deutsche
fifth of GDP and remains a major purchases. Analysts at Tianfeng Securities
Bank -- both guarantors of the project.
Deutsche Bank said it would “need to see drag on the world’s second-biggest He also said local governments, estimate it will cost around $1
how this claim is implemented by the Russian economy. already some $9 trillion in debt, can trillion to buy the entire stock.
courts and assess the immediate operational Since the property market repurchase land sold to developers, “The policies on clearing
impact in Russia”. UniCredit said it “has began its steep downturn in and promised that authorities will inventory are considered quite
been made aware” of the decision and was 2021, a string of developers have “fight hard” to complete stalled powerful compared to all previous
defaulted, leaving scores of idle This aerial view shows a housing complex by Chinese property developer projects. ones,” said a senior executive
“reviewing” the situation in detail.
UniCredit was one of the European banks construction sites behind, and Evergrande in Nanjing, in China’s eastern Jiangsu province. With an China’s central bank said it at a defaulted Shanghai-based
most exposed to Russia when Moscow started sapping confidence in what had anticipated strong post-pandemic recovery failing to materialise, would set up a relending facility developer, speaking on condition
its campaign in Ukraine, with a large local for decades been the preferred continuing woes in the property market are raising concerns about for affordable housing that it of anonymity due to the sensitive
subsidiary operating in the country. savings instrument for the Chinese potential spillover effects. PHOTO: AFP/FILE says would result in 500 billion nature of the topic.