DP World’s Global Track Record Under Scrutiny

A sit-in protest was staged in front of the main gate of Chittagong Port yesterday, with demonstrators demanding the cancellation of a draft agreement to lease the Newmooring Container Terminal (NCT) and its overflow yard to Dubai-based foreign operator DP World. Organised by the Port Protection Committee, the peaceful programme drew thousands of workers, trade […]Continue Reading

Battery-Rickshaw Drivers Turned into ‘Political Fronts’

The temporary absence of battery-powered autorickshaws on Dhaka’s main thoroughfares briefly restored order to traffic flow and provided noticeable relief to pedestrians. However, the resulting shortage of rickshaws, combined with a deficit of public buses and soaring ride-sharing fares, forced many short-distance commuters to walk. While traffic congestion initially eased Continue Reading

Dhaka Faces Four Tough Conditions Set by the IMF

To get a new big loan from the International Monetary Fund (IMF), Bangladesh must pass four big tests this time. The IMF may want to see clear progress in four areas: raising revenue, reforming the banking sector, cutting and rationalising subsidies, and bringing back stability in the economy. The release of the sixth instalment of […]Continue Reading