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Our EPZs haven for local and foreign investments

Kamal Uddin Mazumder

Bangladesh has had notable advancements in the social, political, cultural, and economic spheres since gaining independence. To accelerate the country's rapid economic expansion, notably through industrialization, the government adopted an 'Open Door Policy' and took a variety of efforts to attract foreign investment. One such attempt was the BEPZA Act 1980, which finally led to ...

New dawn in Sino-Bangladesh ties

Kamal Uddin Mazumder

After a three-day bilateral visit, PM Sheikh Hasina returned to Dhaka from Beijing. During his stay in Beijing from July 8 to 10, the Prime Minister held a bilateral meeting with Chinese President Xi Jinping and completed various programs, including a delegation-level bilateral meeting with Chinese Prime Minister Li Qiang. These bilateral talks mainly featured ...

Hasina-Modi talks to focus on a broad range of issues

Kamal Uddin Mazumder

Prime Minister Sheikh Hasina is in New Delhi following an invitation of her Indian counterpart Narendra Modi. This will be her second visit to India in less than two weeks and the first incoming bilateral visit to India by any head of government after the Bharatiya Janata Party (BJP) formed its government for the third ...

Pressuring Bangladesh to accept more refugees will deepen Rohingya crisis

Kamal Uddin Mazumder

Bangladesh faces intensifying pressure to accept more Rohingyas after a renewed flare-up of violence in Rakhine between the Myanmar military and the Arakan Army (AA), a burden the government in Dhaka insists it cannot bear.An estimated 45 thousand Rohingyas have reportedly fled to an area on the Naf River near the border with Bangladesh, seeking ...

Bilateral ties with Qatar set to reach new heights

Kamal Uddin Mazumder

There has been a notable shift in the diplomatic landscape of the Middle East in recent years, with regional states increasingly engaging in dialogue and cooperation, expanding beyond the traditional energy sector to embrace investment, manufacturing, and high-tech industries. The economic impact of the COVID-19 pandemic and war-like situation has played a major role in ...

Currency swap to secure our foreign reserves

Kamal Uddin Mazumder

Amidst the challenges of rising import costs and dwindling foreign reserves, Bangladeshs recent move to adopt the Chinese currency for bilateral trade with China is a bold and strategic step. The inclusion of the Chinese Yuan in the Real-Time Gross Settlement (RTGS) system by Bangladesh Bank (BB) and the ongoing efforts to join Chinas Cross-Border ...

Will Bushnell’s self-immolation change Biden’s Gaza policy?

Kamal Uddin Mazumder

Amid relentless world-wide protests calling for an end to Israels aggression on Gaza, Aaron Bushnell, an active-duty member of the US Air Force, set himself on fire in front of the Israeli Embassy in Washington, D.C., declaring that he would "no longer be complicit in genocide." His remarks are noteworthy since he is a US ...

Rakhine conflict threatens our national security

Kamal Uddin Mazumder

The recent violent fighting in Myanmars Rakhine state has created panic among the Bangladeshi population living in the bordering areas. The intensity of the conflict between junta forces and the Arakan Army is increasing in Rakhine, with mortal shells falling inside Bangladeshi territory and causing civilian casualties. No doubt, this has created new concerns about ...

How Red Sea crisis hits global supply chain

Kamal Uddin Mazumder

Shipping is the lifeblood of the global economy. Some 11 billion tons of goods are transported by ship each year. Without shipping, intercontinental trade, the bulk transport of raw materials, and the import and export of affordable food and manufactured goods would simply not be possible. For an economic region such as the European Union, ...