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Shraban 22, 1420 Ramadan 27, 1434 Regd. No. DA 6238 Vol 1 No 137

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Powering up Bangladesh

International

Death toll from heavy rains reaches 53 in Pakistan

TUESDAY, AUGUST 6, 2013 | www.dhakatribune.com

Sport

14

‘Other’ Ronaldo dismisses Mourinho jibe ahead of friendly

16 pages with 8-page business tabloid, plus 16-page T-Mag tabloid | Price: Tk10

New bill to fight counterfeiters on the way

HC acts on Jamaat’s hartal, summons 2 leaders n Tribune Report The High Court yesterday issued a rule upon two senior leaders of Jamaat-e-Islami asking them why it should not be treated as contempt of court as they called a countrywide shutdown rejecting its verdict declaring the party’s registration illegal. Jamaat acting secretary general Rafiqul Islam Khan and Central Publicity Department chief Mohammad Ibrahim were asked to appear before the court on September 16 to explain their position against the verdict, in a party statement.

Possession of fake currency to lead to six months to life terms in prison n Kamran Reza Chowdhury The Bangladesh Bank is formulating a new law to fight rackets, which takes advantage of the people’s lack of knowledge about currencies, and push in counterfeit local and foreign currencies, especially ahead of major festivals when there are large cash flows. The draft calls for life imprisonment for possessing 10,000 pieces of counterfeit currencies and anyone caught with more than two fake notes would have to face at least six months in prison unless they can prove their innocence, officials involve in the formulation process told the Dhaka Tribune. Executive director of the central bank’s currency management wing, Dasgupta Asim Kumar, tried to allay fears that the proposed law might victimise innocent people. “Usually, innocent people do not have bulk volume of counterfeit notes in their possession. In principle, someone caught with one or two fake notes is an offender and such person can face punishment of six months in jail ac-

cording to the proposed law. The possessor must prove themselves innocent, or face the punishment.” Dasgupta, who is also the spokesperson on the issue, told the Dhaka Tribune that a technical committee of the central bank had been reviewing the proposed law. After finalisation, the proposal would go to the central committee for checking fake currencies of the Bangladesh Bank. The bill would then go to the finance ministry and the law ministry before being placed in the parliament. The draft also allows locally elected representatives such as union parishad chairmen and councillors to play the role of the arbitrator of such cases in the villages. “We have proposed such provision as the local representatives know the good and the bad people of their localities. So, the chance of an innocent person being victimised is very difficult,” he justified. Central bank and police sources say over 5,300 cases over counterfeit  PAGE 2 COLUMN 4

P2 SC REJECTS JAMAAT PLEA

Street vendors at the capital’s Gulistan area display an array of new notes ahead of Eid

BNP-Jamaat to take to the streets simultaneously, but not together n Mohammad Al-Masum Molla Main opposition BNP has planned not to extend direct support to its key ally Bangladesh Jamaat-e-Islami, but will wage movements simultaneously to put pressure on the government in realising the demand for a non-partisan

Share of GP profits missing: GB chief n Asif Showkat Kallol

GB Commission report inconclusive and unclear

The Grameen Bank chairman has claimed that some Tk100bn of the microcredit organisation’s profit from Grameenphone was missing. “The profit, which is supposed to come from the bank’s stake in Grameenphone, was supposed to go to the beneficiaries of Grameen Bank. But the fund cannot be traced,” Chairman Mozammel Haque told reporters after a meeting with Finance Minister AMA Muhith yesterday at the secretariat. The basis for the GB chairman’s claim that Grameen Bank is entitled to a share of Grameenphone profits is unclear, as Grameen Bank has no stake in Grameenphone. He also claimed that Grameenphone had paid the money to the bank but the amount had not been deposited in the bank. Haque pointed the finger at Muhammad Yunus, the founder of Grameen Bank. Finance Minister Muhith, however, said they could not claim this separate amount of profit money without calculation of the total profit which was supposed to go to Grameen Bank. The finance minister said more time will be needed for submission of the final report and that it was not possible to submit the report of the GB commission before Eid vacation. Haque claimed that after six years of operation, the bank’s share in Grameenphone should have increased from 35% to 51%. “But approximately Tk100bn profits of Grameenphone has not been deposited in the bank or

n Asif Showkat Kallol

 PAGE 2 COLUMN 3

The Grameen Bank Commission will submit its final report after Eid vacation without any clear recommendations about the 52 organisations bearing the name of Grameen. Chairman of the commission and former secretary Mamun-ur-Rashid told the Dhaka Tribune on Friday the commission did not have enough time to prepare a guideline as to how the 52 organisations would run because of a lack of documents. The organisations have been saying they are separate from the Grameen Bank and registered under the joint stock companies. The commission however, terms them as 52 associate bodies of the bank.

The commission’s interim report also created a stir with its investigation into Grameenphone’s licence The government formed the four-member commission last May to review the activities of Grameen Bank. The commission submitted an interim report in February that immediately sparked protests from the bank’s directors and staff. Later, the commission’s tenure was extended to July 20. The commission has already informed the finance division about these issues before submitting the final report, a source in finance ministry told the Dhaka Tribune on Saturday.

Mamun-ur-Rashid said the commission would recommend three options for the government to bring changes to the legal structure of Grameen Bank. “These include increasing the government share to 51% from the existing 25% and splitting the microcredit entity into 19 zones or modifying it to the model of erstwhile Shilpa Bank.” “The government might also amend the Grameen Bank Ordinance 1983 to run it like a private commercial bank,” he added. The commission’s interim report also created a stir with its investigation into Grameenphone’s licence. The first and largest private mobile operator in the country acquired its licence in 1996. The interim report, however, said the commission had found the licencing did not follow due process. The report recommended Grameenphone’s licence to be suspended immediately, or be allowed to operate under the condition that the biggest stakeholder Norwegian telecom giant Telenor will immediately relinquish 16% of Grameenphone’s shares to Grameen Bank. Mamun-ur-Rashid said the commission would not make any further recommendations about Grameenphone as the findings put forward in the interim report were sufficient. “I will submit the report to the finance minister after the two other members of the commission including Ajmalul Hossain QC who are now out of Dhaka, return,” he said. l

INSIDE News

4 The Primary and Mass Education Ministry decided to extend the duration of primary terminal examination amid concerns that the newly introduced question pattern is “too hard” for students to finish their exams in time. It is 30 minutes more than what they got in the previous years.

Nation

6 Intrusion of saline water has kept crop farming in the south-western region at stake, causing an ultimate reduction in the supply to the food bank here. Several thousand hectares of arable land have disappeared in five districts of the region

due to impact of saline water used in shrimp farming.

Metro

7 Leaders of different organisations working for the protection of the environment have accused Rajuk of damaging the environment in the name of implementing the Purbachal New City Project. Visiting the site, the environmentalists observed that the project has caused destruction of local ecology, arable lands, plants, etc.

Op-Ed

11 Less than 1% of the student population attend English medium (EM) schools,

SYED ZAKIR HOSSAIN

which, located mostly in the affluent neighbourhoods of Dhaka and Chittagong, promise quality foreign curricula to students and parents. Shafin Fattah writes on the gap between Bangla and English mediums need to be bridged.

Business

B1 Bangladesh’s tourism industry is set to suffer badly due to the looming political uncertainty after the Eid holidays, as tourists from home and abroad have started to cancel their bookings at hotels and resorts across the country. Tour operators and hoteliers are apprehending little to no return on their investments this season.

interim government to oversee the next general election. Party insiders said Jamaat acting ameer Mokbul Ahmed called up BNP acting secretary general Mirza Fakhrul Islam Alamgir on Friday, and requested him to issue a statement on the High Court order that cancelled the party’s

registration with the Election Commission on August 1. Following the request, the BNP made a strategic statement wherwe Fakhrul said: “The High Court has declared Bangladesh Jamaat-e-Islami’s registration with the Election  PAGE 2 COLUMN 4

The August 12-13 shutdown was announced on August 1 through a statement signed by the two leaders. The call came following the High Court’s verdict on Jamaat’s party registration the same day. A vacation bench comprising Justice M Enayetur Rahim and Justice ABM Altaf Hossain passed the order on their own motion after taking into cognisance some recent newspaper reports. The Jamaat statement alleged that the verdict went against the people’s basic rights. “We will continue our movement against this unconstitutional and undemocratic ruling,” it said. Rafiqul Islam rejected the verdict terming it “wrong.” He alleged that the verdict reflected the government’s political motives. l


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DHAKA TRIBUNE

News

Tuesday, August 6, 2013

JAMAAT’S REGISTRATION ILLEGAL

SC rejects Jamaat’s petition to stay HC verdict n Nazmus Sakib The Supreme Court yesterday rejected a plea by Bangladesh Jamaat-e-Islami seeking a stay order on the High Court verdict that declared the party’s registration with the Election Commission illegal. Chamber Judge of a vacation bench Justice AHM Shamsuddin Choudhury passed the order pointing out that staying the verdict would be a misconception of law. He came up with the order saying there was no need for staying the verdict as the party could file a regular appeal with the Appellate Division against the High Court verdict after getting its full text. On August 1, the High Court considering a writ petition filed in 2009 declared Jamaat’s registration as a party illegal and its charter contrary to the Constitution. Following the verdict, the High Court gave a certificate to Jamaat to file

an appeal as the case involves substantial question of law. Jamaat filed the stay petition with the chamber judge on the very day, requesting a stay on the verdict. But the chamber judge could not hear the matter that day as the fixed time ended. Meanwhile, Additional Attorney General MK Rahman, who represented the Election Commission, told reporters yesterday that Jamaat could not contest in the polls until the Appellate Division set aside the High Court’s judgement. To publish a gazette notification in this regard is a mere formality. After the chamber judge’s decision, Jamaat lawyer Tajul Islam told newsmen that the court’s hearing of the stay petition was not in line with the rule. Jamaat would appeal to a full bench of the Appellate Division after getting full text of the verdict, he said. However, MK Rahman argued: “To hear a stay petition is the responsibility of a court, even if the petitioner wants to move the matter later.” l

Workers repairing a foot over bridge using a bamboo ladder in the middle of the busy road at Bijoy Sarani. The photo was taken yesterday

EC yet to receive copy of HC verdict on Jamaat’s registration n Mohammad Zakaria Chief Election Commissioner (CEC) Kazi Rakibuddin Ahmad said the Election Commission (EC) has yet to receive the copy of the verdict regarding the cancellation of Bangladesh Jamaat-e-Islami’s registration with the Election Commission (EC). “I hope to receive the copy of the verdict soon. Only then can we decide whether the registration of Jamaat is legal or not, upon receiving the copy. We do not intend to make any comment before getting the order from the High Court,” he told reporters at the EC secretariat yesterday. On August 1, the High Court de-

clared the registration of Jamaat-e-Islami with the EC as a political party to be illegal. The CEC said the EC wants to hold the upcoming general parliamentary election with the participation of all registered political parties. He called for cooperation between all political parties for holding the election. Recently, Jatiya Party chairman HM Ershad made a remark that his party would not participate in the next general election under the present EC. In response to his remark, Kazi Rakibuddin said, “If needed, we would clarify our stance regarding our preparation and activities for holding the up-

coming election, upon discussion with everyone.” “We are putting much emphasis on training our officials to hold the upcoming general election in a free, fair and neutral manner,” he added. About holding the much-talkedabout split Dhaka City Corporation (DCC) polls, the CEC said the local government and rural development ministry were working on segregation of the two zones. However, they had no information regarding the progress of their work done so far. He said, after Eid the EC would hold meetings to decide about its upcoming activities regarding holding the DCC polls. l

PM asks home ministry to probe threat on Joy n Mohosinul Karim Prime Minister Sheikh Hasina yesterday asked the home minister to investigate the threat made against her son Sajeeb Wazed Joy on Twitter and take necessary steps against the person who is responsible. A minister who attended the cabinet meeting told reporters that Home Minister MK Alamgir assured the prime minister saying steps had been taken to trace the person. Law enforc-

ing agencies were asked to bring him to book. On Sunday, Joy in his official fan page on Facebook posted that a human rights activist, William Gomes, wished that his mother would be killed as her father, Bangabandhu Sheikh Mujibur Rahman. Joy termed the person a “real terrorist.” Sheikh Mujib and most of his family members were assassinated on August 15, 1975. Hasina and her sister Sheikh Rehana escaped the massacre as they

Changing names a bad tradition: Ashraf n

Our Correspondent, Kishoreganj

Awami League General Secretary Syed Ashraful Islam yesterday criticised the trend of changing names of institutions or naming them after someone alive. He termed it absurd and a bad practice. “In the European countries, people consider naming institutions after the dead persons. On the other hand, in our country people rush to set up institutes and name those after themselves. It is an ill competition,” he said while inaugurating Shahid Syed Nazrul Islam auditorium of Kishoreganj Press Club.

The minister also said: “One government sets up institutions and name those while another government changes those after coming to power. It has become a competition. So we are giving names like Shah Amanat [Rah] and Hazrat Shahjalal [Rah] so that no one dares changing those.” He said the Chittagong airport was earlier named after MA Hannan. But the BNP government changed it to Shah Amanat (Rah) Airport. Later the Awami League government coming to power changed the name of Zia International Airport to Hazrat Shahjalal (Rah). l

EC to train officials after Eid n Mohammad Zakaria

The Election Commission has decided to launch a staff training project after Eid-ul-Fitr to make election officials “better-prepared” for holding the next parliamentary elections. About 717,493 officials across the country will be trained in a total of eight phases – which would cost the commission around Tk481m. In the first three phases, EC secretariat officials and divisional- and district-level officials would receive training. The EC approved the mega training project at a commission meeting yesterday with Chief Election Commissioner Kazi Rakibuddin Ahmed

in chair. Later the CEC told reporters: “We have planned to give standard training to our officials so they can apply electoral laws appropriately. These training sessions would be better than those of the previous times.” However, a senior EC official, wishing anonymity, said these trainings are often poorly-monitored and end up being tainted with corruption and misappropriation. This time, the commission took up the project with assistance from UNDP. It is planning to start the training with at least 70 days remaining before the announcement of the parliamentary poll schedule. l

were abroad. Joy said William Gomes claims to be a human rights activist and had been spreading false claims of human rights abuses by the current government. The tweet reads: “Ask your Mom to pack up. Its’ time to go. For now on she will cook for you everyday. Wish she will end up like your nanu.” On July 27, to mark the 42nd birthday of Joy, his mother herself cooked polao. Joy put a picture of her mother’s cooking on Facebook. l

Share of GP profits missing: GB chief  PAGE 1 COLUMN 1

Grameen Telecom in the last 11 years,” he added. In January, Haque made a similar claim. Following his remarks, Grameen Telecom in a statement pointed out that Grameen Bank had not received any dividend awarded to Grameen Telecom from Grameenphone as it was not entitled to it because there was no contractual or any other relationship between the company and the bank. Grameen Telecom Secretary Nazmul Islam in the statement termed the chairman’s remarks incorrect and misleading and strongly denied them. The Grameen Bank Commission, formed by the government to look into irregularities with the pioneering micro-lender, published an interim report in February, in which it said the original licence for Grameenphone, the country’s biggest mobile operator, was obtained illegally. The report called for Grameenphone’s licence to be immediately suspended, or for Telenor to relinquish 16% of Grameenphone to Grameen Bank. The finance minister later told the media that the 16% that was supposed to go to Grameen Bank from Grameenphone had not been transferred, but it would not be wise to suspend Grameenphone’s licence as it was an operational organisation. The basis for the finance minister’s claim that 16% of the company was supposed to be transferred to Grameen Bank is unclear. l

Khaleda returns home from S Arabia today n Tribune Desk BNP Chairperson Khaleda Zia returns home today wrapping up her 10-day visit to Saudi Arabia. She is expected to arrive at Hazrat Shahjalal International Airport around 5:40pm in a regular flight of Emirates Airlines, her Press Secretary Maruf Kamal Khan Sohel told UNB. Senior leaders will receive Khaleda at the airport. Khaleda went to Saudi Arabia on July 27 at the invitation of the Saudi government. On Sunday, she passed the holy night of Shab-e-Qadr at Masjid Al-Haram through special prayers. During her stay, she performed Umrah, offered ziarat at the holy Rowja Mubarak of Prophet Hazrat Muhammad (PBUH) and offered special prayers at Masjid Al-Haram. The former premier also exchanged greetings with Pakistan Prime Minister Nawaz Sharif who was also performing Umrah. l

SYED ZAKIR HOSSAIN

Government to fulfil all US conditions by December: GM Quader n Asif Showkat Kallol Commerce Minister GM Quader has said the government will fulfil all the conditions of the action plan laid out by the United States within December to regain GSP facilities. “We discussed the progress of the execution of the GSP action plan matrix with ministries, BGMEA and other stakeholders and distributed responsibilities,” Quader told reporters at the ministry yesterday at a review of the progress made in fulfilling the conditions of the US. He said future action plans were also determined in the meeting. Obama administration on June 27 suspended the trade privilege, Generalised System of Preference, citing poor labour rights and work environment in

Bangladesh. European Union declared an action plan on July 19 to improve labour rights of garment workers. The commerce minister said the government has formed a committee to formulate a labour law for Export Processing Zones, when asked about allowing labour unions in the zones. “We will take action against factory owners who will lay off workers,” he said. Responding to one of the major conditions in the US action plan, Bangladesh amended the labour law in parliament on July 15 to allow trade unions in factories. The labour and employment ministry is in the process of appointing building and fire safety inspectors to strengthen safety measures in factories. l

New bill to fight counterfeiters on the way  PAGE 1 COLUMN 2

currencies are pending trial at the courts. The alleged offenders were charged in line with the Bangladesh Penal Code and rarely face punishment, prompting the central bank to formulate a new law. Former BB governor Dr Mohamed Farashuddin welcomed enactment of a special law to tackle counterfeit currency trade. “Risks are there, but I think, an innocent person would not deal with 10,000 fake notes. Again, persons handling bulk volume have clear idea about genuine notes.” He also suggested avoiding use of cash for large transactions. “Cheques, bank transfer and many other tools are in place for such exchanges. However, more brainstorming is needed before passage of the law to ensure that no innocent people is victimised.” Abdur Rahman, a grocer in Nagaon sadar upzilla, has recently become a victim of fake currency racket. “A gentleman, clad in a suit and tie, gave me

a Tk1,000 note in exchange of three packets of cigarettes. The bank identified it as a fake note when I deposited the money.” The grocer also called for more initiatives from the government to teach people how to detect counterfeit currencies. Bangladesh route to push counterfeit foreign currency Bangladesh has been used as a route by a number of rackets to push fake rupees into neighbouring India and spread of counterfeit US dollars into the international market. Indian home secretary Shri Gopal K Pillai on December 29, 2009 expressed concern over the use of Bangladesh to push counterfeit currency through the India-Bangladesh border. His counterpart, Abdus Sobhan Sikder, assured that Bangladesh would take necessary measures to stop such rackets. The police in 2012 recovered over 20 million counterfeit Indian Rupees,

which came in three large consignments from Pakistan. Pakistan national Md Kasif, 24, a Dhaka-bound passenger from Karachi was found in possession of fake Rs8.6m. Another Pakistani national, Afzal Mahmud, 35, was carrying Rs6.1m and Md Hashim, 48, had Rs5.4m while travelling to Dhaka from Karachi. Additional deputy commissioner of police’s Detective Branch (DB), Moshiur Rahman, said, “Pakistani nationals guised as businessmen carry counterfeit rupees from Karachi and push it into India through local agents in the India-Bangladesh border.” He added that they have enhanced intelligence activities against such rackets and have busted 19 abandoned currency counterfeiting facilities in 2011 and 2012. “Some African nationals carry fake US dollars into Bangladesh showing forged identity cards of the UN and other international bodies,” the DB official said. l

BNP-Jamaat to take to the streets simultaneously  PAGE 1 COLUMN 5

Commission illegal. Jamaat has filed an appeal with the Supreme Court. As the issue is sub-judice, the BNP has no statement on the issue.” Jamaat has announced a non-stop countrywide shutdown for August 1213 protesting the High Court’s verdict. Upon repeated requests by Jamaat leaders, BNP leaders told them that they would keep in mind Jamaat’s registration cancellation and the war crimes trial while observing their programmes on the demand of election under a non-partisan interim government, said party insiders. The BNP leaders also requested the Jamaat leaders to observe their programmes independently. The BNP has also been silent about the recent verdicts by the International Crimes Tribunal, which convicted for-

mer Jamaat ameer Ghulam Azam and its Secretary General Ali Ahsan Mohammad Mujaheed. A senior BNP leader said the party would announce programmes keeping Jamaat in mind, and that the simultaneous movement would be fruitful for them. “Jamaat’s movement on the streets will intensify our ongoing movement and the government will be compelled to realise the demand of holding the next elections under a non-partisan interim government,” he told the Dhaka Tribune seeking anonymity. Ruhul Kabir Rizvi, joint secretary general of the party, said they had made their position clear on Jamaat issue and “only time will tell about the next step.” “The decision of supporting the hartal will be decided after the party

chairpersons’ return to Dhaka,” he told the Dhaka Tribune. Syed Abdullah Mohammad Taher, Jamaat’s central working committee member, said, “Earlier, BNP extended its support during hartals while on several occasions, they remained silent. We do not know whether they will support us this time or not.” Asked whether Jamaat sought any support from the BNP, Taher said, “We did not seek any help from BNP formally. Some leaders might have sought their support informally.” Regarding their next course of action, the Jamaat leader said: “We are in the BNP-led 18-party alliance. So we will observe programmes under the banner of the alliance on common and national issues. And, at the same time Jamaat as a political party will observe its own programmes.”


DHAKA TRIBUNE

12 new labour wings set to open

News

3

Tuesday, August 6, 2013

Cabinet says no to extra Eid holiday

UNENDING WORK

n Mohosinul Karim

The cabinet yesterday once again refused a proposal to begin the Eid holiday for public officials from tomorrow. A minister who attended the meeting told the Dhaka Tribune that cabinet opposed the proposal of the public administration ministry as tomorrow is the only working day before Eid. The decision frustrated many public servants, who were preparing to go on leave after attending office yesterday, as today is the public holiday of Lailatul Qadr. The meeting expressed its view that public offices should remain open tomorrow as it is the only day for banking and giving emergency services to the public. Most of the ministers, state ministers and advisors to the prime minister agreed with the view and rejected the proposal unanimously. However, sources in the public administration ministry said a large number of public servants had already been granted leave for tomorrow and had left for their homes. According to ministry officials, the common practice for the 28th of Ramadan, which is tomorrow, is that most officers and staff come into the office for a little while and leave immediately. It is unlikely to be any different this year, the officials said. l

The move is intended to help expatriates and explore new labour markets

n Rabiul Islam Twelve new labour wings are set to open soon in twelve countries with the aim of exploring new labour markets and assisting expatriate workers in resolving their problems. The new wings will join the other sixteen that are already operating in sixteen countries under the jurisdiction of the Ministry of Expatriates’ Welfare and Overseas Employment (MEWOE). Officials said the move is in its final phase of preparation now with the finance ministry having already cleared the way for commencement of the wings. According to sources, the move was necessitated by the fact that expat workers – who remitted $14.17bn (Tk1.10tn) in 2012 alone – were to face problems in the absence of separate wings for labour issues. There is no accurate data on the number of people residing in foreign countries for professional reasons, but the Bureau of Manpower, Employment and Training (BMET) estimates that over 8.3m have gone abroad for jobs since 1976. “We are opening the labour wings to assist workers living abroad and explore new labour markets,” said Zafar Ahmed Khan, the MEWOE secretary. The labour wings will be directly regulated by the expatriates’ welfare ministry, he said, and one of their key tasks would be to help expatriates send money back home. Countries where the new wings will be set up are: Brunei, Egypt, Maldives, South Africa, Australia, Geneva, Spain, Russia, Greece, Milan, Thailand and Hong Kong. Officials said the matter of the openings now rests with the committee of

Billboards won’t fool people: BNP n Mohammad Al-Masum Molla BNP leaders yesterday said it would impossible to change people’s mind-sets by hanging billboards of the government’s development activities across the city. “People of the country witnessed the government’s misrule and corruption over the last four-and-half years. They did not see any development. Now the government is projecting development activities through billboards,” MK Anwar, a standing committee member of the party, said. Addressing a discussion organised by the Doctors Association of Bangladesh at National Press Club, Anwar alleged that the government was misleading the people with these billboards. “Awami League has taken a new strategy after being defeated in five city corporation polls by playing the development music. We want to say these billboards will not bring any positive results,” he said. Anwar, also a former bureaucrat, reiterated the demand of election under non-partisan interim government saying the government’s dream to stay in power until 2021 will not come true. “Please sit for a dialogue to find out a reasonable path of compromise. If you do not, you will lose in politics,” he said. Criticising prime minister’s son Sajeeb Wazed Joy, Anwar said, “He is a US passport holder. His wife is a foreigner. Her (Hasina’s) daughter also lives abroad. None of the close relatives of prime minister lives in Bangladesh. How will they contribute to the betterment of the country?” At another programme at the Press Club, BNP standing committee member Rafiqul Islam Miah alleged that the government could not claim any development activities in the last four-andhalf years. “But now they claim that the country is floating in their development,” he said. Rafiqul also said Ayub Khan, a former Pakistani military dictator, tried using the same strategy during the Pakistan period but failed. “False propaganda could not save Ayub Khan then, and now this propaganda will not save Sheikh Hasina,” he said. He asked the party leaders and activists to unite and wage a tough movement after Eid to compel the government to realise the demand of holding the next elections under a non-partisan interim government. l

secretaries related to administrative development, and, upon its approval, it would have to await the prime minister’s nod. The wings are likely to be launched by the end of this year. In Hong Kong – where there are huge demands for housemaids – two of the wing’s regular tasks would be to help the live-in maids coming from Bangladesh and explore new labour opportunities. “We have about 20,000 undocumented Bangladeshi migrants in Greece. It’s sad that we cannot take care of them,” a senior official at the ministry, seeking anonymity, told this correspondent. He also said one important task of the Geneva wing would be to maintain liaisons with the International Labour Organisation (ILO). The Thailand wing, on the other hand, would facilitate exploring new avenues, with the government likely to sign a bilateral agreement with the country to that effect soon. The wings in Russia, Australia, Milan and the Maldives would assist migrants already working there and help create new labour opportunities for Bangladesh. Meanwhile, the ministry has run advertisements to recruit 4 ministers (with status similar to a joint secretary), 6 labour counsellors and 13 first secretaries for the new labour wings. However, the recruitment process has already been marred by allegations of lobbying and bribery, although Zafar Ahmed Khan ensured “total transparency” in the process. Earlier, labour wings were opened in Riyadh, Jeddah, Abu Dhabi, Dubai, Malaysia, Singapore, Kuwait, Qatar, Oman, Bahrain, Iraq, Libya, Jordan, Italy, Japan and South Korea. l

Ghulam Azam appeals against tribunal verdict n Nazmus Sakib

A road at Asad gate in the capital has been left dug by WASA with no sign to tell when the work will end

NASHIRUL ISLAM

WAR CRIMES CHARGES AGAINST SQ CHOWDHURY

Defence argues on statements, evidence n Udisa Islam The defence in the case against war crimes suspect Salauddin Quader Chowdhury yesterday the prosecution misused Section 19(2) of International Crimes (Tribunals) Act 1973 in submitting recorded statements and evidence to the tribunal. After the end of defence’s placing closing arguments for the third day, the tribunal 1 adjourned the session till tomorrow. At the beginning of the day’s session, the tribunal asked defence lawyer Ahsanul Haque to finish the argument by tomorrow as per the previous order. Then the counsel said since the prosecution argued in eight sessions, the defence must be given the same right. He said they conducted argument in two sessions only. Tribunal Chairman Justice ATM Fazle Kabir then said the defence was given four sessions in the first two days but they conducted arguments in two sessions only since the lawyer had to conduct another case at the other tribunal. “So you have to finish the argument session on August 7,” he added.

Salahuddin Quader, a six-time Chittagong MP, is facing 23 charges of crimes against humanity. Denying all the charges, the accused earlier claimed that he had been in Pakistan from March 29, 1971 to April 20, 1974. The defence counsel yesterday said they were not happy with the prosecution’s submission of statements under Section 19 (2) of the ICT Act 1973 since it was an ambiguous one. “It seems that this can be used in our own way. The section says tribunal ‘may’ accept any statements ‘recorded by a magistrate.’ But the word ‘may’ does not mean mandatory; it has a deferent meaning compared to ‘shall.’” He said the prosecution should have known about the section. They thought it was “shall” not “may” in the section. They misused it. It seemed like they were making joke with the case, Ahsanul claimed. He said the section mentions “statement of a person,” but it does not specify who would be that person, whether from prosecution or the defence. He claimed that the investigation officer used this section like the Code of Criminal Proce-

dure (CrPC) and he recorded the statements under Section 161 of the CrPC. Ahsanul also argued on the recorded statements placed under Section 19 (2) saying the IO took statement of witness Jotsna Bala Chowdhury for charge 4. She died on February 10 this year. But the prosecution placed two other witnesses to testify on the charge. The lawyer claimed that on April 16 last year, Jotsna Bala went to the Chief Judicial Magistrate’s Court of Chittagong and told the judge under Section 44 of the CrPC that somebody went to her house and threatened her to give statement against Salauddin Quader. Otherwise, her child would be harmed. Regarding the recorded statement of Badal Bishwas, taken under Section 19(2), the defence found the prosecution false as the latter claimed that the witness went to India for treatment but did not come back. So the tribunal should accept their recorded statement. But the police report said they had found Badal Bishwas and his family at their residence. Referring to the case of Marinda vs Exhona, the defence said the court

could accept statement of a witness when his or her attorneys, three other police officers are present at the time of recording the statement. “Everybody knows that police can cook anything in our country at any given time. So the statements are not acceptable here.” He claimed that in this case, the prosecution misused Section 19 (2). At the end of argument session, the defence lawyer criticised prosecutor Tureen Afroz for “giving irrelevant documents.” Ahsanul said she gave a document titled “liabilities and sentencing,” whereas the prosecution could only speak on the liabilities, not sentencing. He also questioned the credibility of the document since it was not a published book, “but was downloaded from the internet.” He also termed the fortnightly reports of 1971 prepared by the erstwhile West Pakistan home ministry “fake.” Earlier on Sunday, the defence counsel told the tribunal that the IO did not investigate the case properly and placed a drama. Ahsanul also claimed that the local people had never seen Salahuddin Quader during or before the Liberation War. l

DR RABBEE’S DAUGHTER TESTIFIES

Mueen, Ashraf came to our home in December ‘71 n Muktasree Chakma Sathi Nusrat Rabbee, the daughter of martyred physician Dr Fazle Rabbee, yesterday told the war crimes tribunal that her father was abducted by war crimes suspects Chowdhury Mueen Uddin and Ashrafuzzaman Khan on December 15, 1971. Testifying against the duo as the 10th prosecution witness, Nusrat also submitted at the International Crimes Tribunal 2 that she was eight years old

when the abduction of Dr Rabbee (occasionally spelled Rabbi) took place in front of her. Her mother also witnesses the incident. The witness said around 3pm on December 15, 1971, some al-Badr members came to their Shiddheshwari residence on a mud-stained microbus and cordoned the house. “Earlier, on December 13, 1971, we [Nusrat and her mother] saw some strangers having beard around the

house. At that time, we could not identify them. Later when we saw news on Mueen and Ashrafuzzaman on different newspapers, we became sure that these two men had come to our residence on December 13 and 15. They were among the persons who abducted my father,” she said. Now 50-year-old, Nusrat said some journalists on December 18 informed them that her father had been killed at the Rayerbazar mass killing ground.

ACC arrests IDRA official for bribery n Tribune Report A team from the Anti-Corruption Commission (ACC) yesterday apprehended an Insurance Development and Regulatory Authority Bangladesh (IDRA) official from the capital whilst he was allegedly taking a bribe from an insurance company official. ACC sources said Md Abdul Motaleb, a junior officer at the IDRA, was arrested at the city’s Purbani Hotel in

Motijheel whilst he was apparently collecting a Tk150,000 bribe from Taib Mohsin, a manager at the Reliance Insurance Company. “The accused on Saturday visited the Reliance Insurance Company’s Bijoynagar branch and demanded a Tk250,000 bribe from the company to cover up irregularities and corruption going on inside the company. After bargaining, the amount was set at Tk150,000”, ACC public relations officer Pranab Kumer Bhattacharya told

reporters. He said: “Following a tipoff, the ACC team went to the Purbani Hotel and caught the IDRA official red-handed while taking a bribe from the manager of Reliance Insurance Company.” A five member ACC team, led by ACC deputy director Moniruzzaman, caught the official. When this report was filed, preparations were underway for the filing of a case with Motijheel police station. l

Dr Rabbee together with another martyred doctor, Alim Chowdhury, used to run a “secret hospital” for the wounded freedom fighters during the Liberation War. They also used to help the freedom fighters with medicine and money. Deposition of the witness, also a professor at University of California, remained incomplete as the tribunal adjourned the procedure around noon. The tribunal set tomorrow for further procedure in the case. l

Jamaat-e-Islami’s former chief Ghulam Azam, who was sentenced to 90 years in prison for masterminding the crimes against humanity during the Liberation War, yesterday lodged an appeal with the Appellate Division challenging the verdict. Lawyer Jainul Abedin filed the appeal on behalf of Ghulam Azam around 1pm seeking acquittal of the accused. “The government will also appeal against the tribunal’s verdict seeking death penalty for the Jamaat kingpin as the jail sentence seems inadequate,” Additional Attorney General MK Rahman told the Dhaka Tribune yesterday. According to the International Crimes (Tribunals) Act 1973, the government, informant or complainant have the right to appeal within 30 days from the pronouncement of judgement. The tribunal ordered Ghulam Azam jail on July 15 for committing war crimes. It found Ghulam Azam guilty beyond reasonable doubt in all the five charges of conspiracy, incitement, planning, abetment and failure to prevent murders. According to the verdict, Ghulam Azam has to serve the sentence “consecutively or till his death.” l

SC stays bail of Towki murder accused Liton n Nazmus Sakib The Supreme Court yesterday stayed the bail of Yusuf Hossain Liton who confessed to his involvement in the much-talked-about killing of Tanvir Mohammad Twaki in Narayanganj. The chamber judge of Appellate Division, AHM Shamsuddin Chowdhury, passed an eight-week stay order. Liton was granted bail for six months by the High Court on June 24. Deputy Attorney General Ekramul Hoque told the Dhaka Tribune that on July 29, Liton confessed that he was involved in the murder of Twaki. “So, we decided to seek cancellation of his bail,” he said. Liton, 32, son of one Salauddin of Amlapara area, was arrested at AC Dhar Road in the town on April 16. On the very next day, a trial court put him in remand for five days. An A Level student of ABC International School in Narayanganj town, Twaki, 17, went missing on March 6. Police recovered his body two days later from a local canal. l


4

DHAKA TRIBUNE

Primary terminal exam duration extended

News

Tuesday, August 6, 2013

D E S P A R AT E T O G O H O M E

Examinees will get 30 minutes more

n Tribune Report The Primary and Mass Education Ministry decided to extend the duration of primary terminal examination amid concerns that the newly introduced question pattern is “too hard” for students to finish their exams in time. This year, primary terminal examinees will get 30 minutes more than what they got in the previous years, officials at the ministry said. Whereas they would get two hours to complete their examination before, they would now have two and a half hours this year. Santosh Kumar Adhikari, joint secretary of the ministry, told reporters that an order was issued to that effect on Monday and all field-level education officers were informed of the development. As per the changed timetable, all examinations would now start at 11am and continue until 1:30pm. Explaining the decision, Santosh said 25% of the questions would be “based on competency” starting from this year, requiring examinees to have additional

time to answer all the questions. Last year, only 10% of the questions were competency-based. Following the change in question pattern, the ministry had to face criticism from the students, their guardians and teachers that the newly introduced system is “too hard” and that students wouldn’t get enough time to finish their examinations. Guardians and teachers also complained that students “cut sorry figures” in the last two terminal examinations because of time constraints. According to sources, the ministry is moving forward with a plan to introduce 50% competency-based questions from 2014. This year, the primary terminal examinations will begin from November 20 with an approximate 2.6 million examinees. The examinations will end on November 28. The examination on Mathematics will be held on November 20, Bangla on November 21, English on November 24, Bangladesh and Global Studies on November 25, Science on November 27 and Religion on November 28. l

People residing in the capital leaving for their village homes to observe Eid-ul-Fitr with close ones. The photo was taken yesterday at Kamalapur Railway Station

33 injured in Gazipur ‘Accused helped Maj Zayedi escape’ garment workers unrest n BDR CARNAGE CASE

Ashif Islam Shaon

A defence counsel yesterday told a sessions judge’s court trying the BDR carnage case that an accused in the case assisted Maj Zayedi Ahsan Habib in escaping from Pilkhana headquarters after the mutiny broke out on February 25, 2009. The defence counsel, Aminul Islam, said the then subedar major, Gufran Mallik, accused in the case, and his family gave a shirt, trousers and shoe to Zayedi to change his uniform and leave Pilkhana. Gufran’s family members also assisted Major Zayedi Ahsan Habib who is a witness to the case to contact with his tense family members through cellphone. Zayedi talked to his family over Gufran’s mobile to let them know of his whereabouts.

WEATHER

Change in temperature unlikely

n UNB Light to moderate rain or thundershowers accompanied by temporary gusty wind is likely to occur at many places over Barisal, Khulna, Rangpur, Chittagong and Sylhet divisions and at a few places over Dhaka and Rajshahi divisions until 6pm today. Moderately heavy falls are also likely at places, Met Office said. Day and night temperature may remain nearly unchanged over the country. The sun sets in the capital at 6:38pm today and rises at 5:31am tomorrow. Country’s highest temperature 35.0 degree Celsius was recorded yesterday at Rajshahi and lowest 25.3 degrees at Srimangal. Highest and lowest temperature recorded in some major cities yesterday were: City

High

Low

Dhaka Chittagong Rajshahi Rangpur Khulna Barisal Sylhet Cox’s Bazar

32.5 31.2 35.0 31.2 33.0 30.4 29.0 32.5

27.5 26.1 27.4 26.6 27.0 26.5 26.2 25.5

Shehri and Iftar time Day

Shehri

Iftar

Ramadan 27/Aug 6 Ramadan 28/Aug 7 Ramadan 29/Aug 8

4:04am 4:04am 4:05am

6:42pm 6:41pm 6:41pm

PRAYER TIMES Fajar Sunrise Zohr Asr Magrib Esha

4:08am 5:28am 12:05pm 4:42pm 6:45pm 8:01pm

Source: IslamicFinder.org

In reply to a query, Chief Investigator of the case, Abdul Kahar Akhand, who had been cross-examined by defence counsels, said: “Yes. Maj Zayedi took shelter in Gufran’s quarters, but he was kept confined.” During the trial, Gufran told the same court that “Major Zayedi was given shelter in my bedroom.” Dhaka Metropolitan Additional Sessions Judge Akhtaruzzaman at the temporary court set up at Bakshi Bazar in the capital recorded the cross-examination. Abdul Kahar, special police superintendent at the Criminal Investigation Department, had been cross-examined for 41 days. During cross-examination defence counsel Aminul asked Kahar whether he was aware that the major – after coming out of Pilkhana – told the media that Gufran and his family helped

him escape. Kahar said: “No, in reply.” Aminul asked Kahar if the witness was aware about another BDR soldier Barun and a girl in the quarters. Kahar replied that he found Barun, but the whereabouts of girl could not be confirmed later. If Barun was made prosecution witness, questioned Aminul. Kahar said Barun was arrested, but charges were not pressed against him. As of the day, the defence counsels of 808 accused cross-examined the investigation officer. Seventy-four people, including 57 army officers, were killed during the BDR mutiny at Pilkhana on February 25-26, 2009. After the mutiny, the name of Bangladesh Rifles was changed to Border Guard Bangladesh. l

n Our Correspondent, Gazipur

At least 33 people, including three members of the police, were injured in a clash between police and garment workers in the Masterbari area of sadar upazila in Gazipur yesterday. The clash erupted when police attempted to disperse the demonstration of Stylo Fashion Garments workers on the Dhaka-Mymensingh highway around 10am. The workers demonstrated to press home their demand for payment of wages and Eid bonuses. The blockade lasting for half-anhour long caused a huge traffic tailback. Police lobbed several rounds of tear-shells and also charged batons to disperse the workers. The workers, in reply, threw bricks, leaving three policemen injured. Locals also alleged that the police at-

tacked the houses of the local people. The agitated workers claimed that they still had not been paid for the month of July, though they were assured of payment before Eid vacation starts. The factory’s Eid vacation was scheduled to begin on Tuesday [today]. Prior to laying siege to the street, the workers smashed windows of the factory by throwing bricks. On information, police went to the spot and tried to bring the situation under control. Helaluzzaman, inspector of Gazipur industrial police, said although the demands of workers’ were rational, they had no right to cause suffering to the home-bound people by setting up blockades on the street. He said a discussion was being held between factory officials and representatives of the workers to settle the issue. l

Victims’demonstrate for dues, compensation RANA PLAZA DISASTER

n Adil Sakhawat A group of survivors of the Rana Plaza tragedy and family members of the deceased and missing workers demonstrated in Savar yesterday, demanding payment of their dues, Eid bonuses, and compensation. Around 300 workers took position on the Dhaka- Aricha Highway for two hours from 8am. Police tried to disperse the crowd with batons but the protestors broke through the barricade. They brought out a rally from the Rana Plaza premises under the banner of ‘Revolutionary Workers Committee’ blocking the Dhaka – Aricha highway for 30 minutes, leading to severe traffic congestion and causing inconvenience road-users.

One survivor, Monir, who used work on the fourth floor of the Rana plaza, told Dhaka Tribune: “Police confined us for 20 minutes in an alley beside the collapsed Rana Plaza premises.” Another survivor named Saidul, who used to work on the sixth floor,

said: “We are demonstrating for valid reasons. Although the government and Bangladesh Garments Manufacturers and Exporters Association (BGMEA) assured us they would compensate us and pay our due salaries, the police charged us with batons and kept ob-

structing us repeatedly.” Many of the injured survivors said they were feeling helpless as BGMEA took away their identity cards without paying the dues. Talking to the Dhaka Tribune, survivors Yeasmin, Nurbanu, Lovely, Zarina, Arzina, and Mukta, said they decided to go to the demonstration because the job at Rana Plaza was their sole source of income for living and running their families. Earlier, on Sunday, they demonstrated for the same cause and police also charged them with batons, leaving 20 injured. Police said they charged batons to clear the highway for the people who were on their way home for Eid. At least 1,132 people, mostly garment workers, died and 2,438 were rescued from the debris of the nine-storey Rana Plaza which collapsed on April 24. The tragedy is considered to be the deadliest garment-factory accident in modern human history. l

Body formed to recommend on 8th wage board n Mohosinul Karim

The government yesterday constituted a cabinet committee headed by the Cultural Affairs Minister Abul Kalam Azad for seeking recommendation for the execution of the proposed eighth wage board for journalists and employees at newspapers and news agencies. The six-member committee has been asked to prepare and submit its suggestions to the cabinet division within a month, according to which the new wage structure will be fixed. The other members of the committee are – Information Minister Hasanul Haque Inu, Communications Minister Obaidul Quader, Home Minister Mohiuddin Khan Alamgir, Environment and Forest Minister Hassan Mahmud and State Minister for Housing and Public Works Abdul Mannan Khan.

Khondakar Iftekhar Haidar, additional secretary of the cabinet division informed the media of the development at a briefing on a regular cabinet meeting at the secretariat.

Highest basic wage for journalists will be raised to Tk55,850 from the current Tk34,850 while minimum wages will be increased to Tk5,615 from Tk3,700 The meeting, held at the prime minister’s office on Monday was chaired by Prime Minister Sheikh Hasina. The additional secretary said: “The cabinet has agreed the eighth wage board’s recommendation of increasing the minimum wages for journalists by 70% of the basic wages under the current seventh wage board.”

“But, considering the disputes among journalist leaders, the government has decided to constitute the committee to review the recommendations,” he said. Iftekhar said, according the eighth wage board’s recommendation, the minimum wages structure will be divided into 15 categories compared to the existing nine categories in the seventh wage board. As per the recommendation of the eighth wage board, the newspapers of the country will be classified into five categories according to their circulations. Meanwhile, the highest basic wage for journalists will be raised to Tk55,850 from the current Tk34,850 while minimum wages will be increased to Tk5,615 from Tk3,700. Journalists living in Dhaka and Chittagong cities will get 70% of their basics

as house rent while rest of the journalists will get 60%. However, low paid employees of the newspapers will get 75% of their basic as house rent. Medical allowances of all newspaper journalists and employees will be increased to taka 1,500 from taka 1,000. The additional secretary said, most importantly, under the proposed wage board, the rural and root-level journalists will get taka 3,500 as monthly retainer allowances, taka 1,500 on conveyances, two annual festival allowances and taka 1,000 as monthly medical allowance. A tripartite committee including the representatives of the government, journalist and owners of the newspapers will monitor the implementation of the eighth wages board’s recommendations. The committee will be effective for a two-year period, which can be extended by the government. l

NASHIRUL ISLAM

Providing licenses to new fishing trawlers irks fish workers’ alliance n Tribune Desk Leaders of Bangladesh Fish Workers’ Alliance (BFWA) have expressed their concern as the government has recently given licenses to 25 new fishing trawlers for fishing in deep sea. The resentment was expressed at a press conference organised yesterday by five coastal-based NGOs -- COAST, CODEC, PASS, SAD-BD and Udayan -- at the Jatiya Press Club. The BFWA leaders said giving new trawler licenses without any survey on the fish resources in the Bay of Bengal is inappropriate, and urged the government to take into account the interest of marginal fishermen while providing new licenses. Sheikh Asad of Udayan from Bagerhat read out a position paper while Sanat Kumar Bhowmik of BFWA, Shawkat Ali Tutul and Mustafa Kamal Akanda of COAST Trust, among others, spoke at the press conference. Sheikh Asad said: “The new fishing trawler licenses will make the situation more complicated as those will fish within 40 meters of deep areas of the Bay.” In the position paper, Asad said the ruling party Awami League in their previous tenure had declared that they would not give any license to the fishing trawlers without any survey on the fish resources of the Bay. He further said: “The licenses are being issued with the party interest and not based on any scientific analysis. At present, there are 299 trawlers exploiting fish resources in the Bay of Bengal.” Sanat Kumar Bhowmik of BFWA said there are more than 43,000 mechanised boats now fish within 40 meters of the sea. But, often these fishing areas are trespassed by those trawlers grabbing the earnings of the marginal fishermen. l

Sobera’s body due tomorrow n Tribune Report Sobera Ahmed Rizvi (Rita), a philanthropist and social activist, died on Saturday in New York, USA. Rita succumbed to cancer after fighting the disease for over three years, according to a press release. She left behind a doting family – her husband Shahinshah Rizvi, a former banker and now an entrepreneur, two sons, a daughter, daughters-in-law and a granddaughter. She is the daughter of Begum Rabeya and the late Ejabuddin Ahmed of Thakurgaon. Her body will arrive in Dhaka tomorrow. Her namaz-e-janaza will take place at the Gulshan Azad Mosque after tomorrow’s Esha prayers. She will be laid to rest at a private graveyard in Tejgaon. l


DHAKA TRIBUNE

Long Form

Tuesday, August 6, 2013

5

Powering up Bangladesh The history, prospects, and concerns of Rooppur nuclear plant

T

n Abdul Matin he history of nuclear power in Bangladesh dates back to early 1960s even though no nuclear power reactor has been built as yet. A site was selected at Rooppur in Pabna and necessary land for the construction of the plant was acquired in 1962. All the gas fields of Bangladesh being situated in the eastern zone, the western zone of Bangladesh where Rooppur is situated had no indigenous energy resources. There was no interconnector between the electrical grids of the eastern and the western zones before independence. That was the reason for selecting the site for the first nuclear plant in the western zone of Bangladesh. There were three serious offers to build the Rooppur nuclear plant prior to our independence. One was from Westinghouse of USA for a 60MWe (megawatt electric) pressurised water reactor (PWR), one from V/O Technopromexport of the former USSR for a 400MWe PWR (VVER) and another for a 200 MWe PWR from WENESE, a licencee of Westinghouse stationed in Belgium. The Westinghouse offer was rejected by the then Pakistan government on the ground of high interest rate of financing even though it was one of the best offers we had at that time. The USSR offer was not considered because the size of the reactor was too large considering the small size of the isolated western grid. There were also some concerns about the safety of the proposed VVER reactor without any containment building, an essential safety feature of a nuclear power reactor. We made considerable progress in our negotiations with the Belgians to the extent that the contract for the construction of plant was due to be signed after the general election of 1970. The Belgians backed out from the deal after war had broken out in Bangladesh following the general election.

The demand and supply situation of the power system changed significantly in Bangladesh soon after independence as many industries became inoperative, partly due to the damages caused by the war of independence and partly due to the departure of the Pakistani industrialists. Consequently, the demand for power dropped considerably. It was, therefore, difficult to justify the introduction of nuclear power in 1970s as we had more generating capacity than required. A few attempts were made later by the Bangladesh Atomic Energy Commission (BAEC) for building the Rooppur nuclear power plant but none was successful. In the meantime, several feasibility studies had been made which again justified the construction of the nuclear power plant at Rooppur due to the paucity of energy resources. Natural gas, which once generated more than 80% of our electricity, is depleting rapidly. No new gas field with any significant deposits was discovered in recent years. The present gas reserve is estimated to be 6.9Tcf (trillion cubic feet) which can hardly sustain generation of more than 3,000MW of electricity. These gas reserves are likely to be exhausted in 10 to 15 years unless new gas fields are found. We have several coal deposits with a total reserve of 3.3Gt (billion metric tonnes). They are situated deep underground, making mining difficult, expensive and risky. There are also some environmental issues associated with the extraction and burning of coal for power generation. At present, coal is mined only from one coalfield in Barapukuria. A 250MWe coal-fired power plant has been in operation there since 2006. Both the power plant and the mining of coal encountered numerous problems since their inceptions. The exploration of coal from other coalfields is being hampered without a national coal policy. Speaking hypothetically, even if all the coalfields are explored, they can hardly generate 15,000MWe when in full production. We should remember that it would take 1012 years to start commercial extraction once we decide to mine a coalfield. Full production of coal may, therefore, take decades. The government has, however, decided to build two large power plants close to the coastal belt using imported coal. Concerns have been expressed by experts about the environmental impact of the coal-fired plants on the surrounding areas, particularly the mangroves of the Sundarbans. While our natural gas is being depleted and the extraction of coal remains uncertain, the demand for electrical

Alternative energy sources like imported liquid fuel, imported coal and renewable energy being too expensive, nuclear power has good prospects in Bangladesh provided we prepare ourselves to build and operate the nuclear plants safely

power has been rising steadily. According to the Master Plan of the Bangladesh Power Development Board (BPDB), the power demand will exceed 10,000 MW by 2015, 17,000 MW by 2020 and 25,000 MW by 2025. Under such circumstances how can we meet the power demand beyond 2020? Is nuclear power an option? Even after the Chernobyl and Fukushima nuclear accidents, nuclear power remains a viable alternative to conventional power. It may be mentioned here that the causes of the two major nuclear accidents are now well understood and nuclear reactor design has undergone numerous modifications to make them safer. Modern generation-3 nuclear reactors are much safer than generation-2 reac-

tors. Nuclear power is also economically competitive compared with conventional power based on imported fuel. Environmentally, nuclear power is the cleanest form of energy, as it does not generate greenhouse gases. Today 437 nuclear power reactors with a combined generating capacity of over 372,000MWe are operating in 31 countries, producing 13.5% of the world’s electricity. It is true that Japan and some countries in Europe decided to phase out nuclear power. Their decisions are mostly based on political considerations. Many countries in Asia, the Middle East and East Europe are building new nuclear power plants. Alternative energy sources like imported liquid fuel, imported coal and renewable energy being too expensive, nuclear power has good prospects in Bangladesh provided we prepare ourselves to build and operate the nuclear plants safely. As a matter of fact, nuclear

and the expenditure of a huge sum of money for the project before any feasibility study and environmental impact assessment. Soon after independence, Bangladesh inherited a corps of very highly qualified nuclear scientists and engineers. Among them, there were about 40 nuclear engineers, many of whom worked in very senior positions in the Karachi Nuclear Power Plant and the Nuclear Power Division of the Pakistan Atomic Energy Commission in Karachi. Some of the BAEC engineers later went abroad to build nuclear reactors, to teach nuclear engineering courses at universities or work in the nuclear industry or the International Atomic Energy Agency in Vienna. Following the retirement of remaining nuclear engineers, there was hardly any recruitment and training of engineers by BAEC for implementation of a nuclear power programme. The BAEC

According to the Master Plan of the Bangladesh Power Development Board (BPDB), the power demand will exceed 10,000 MW by 2015, 17,000 MW by 2020 and 25,000 MW by 2025

power can supply up to 25% of the peak demand i.e. half of the base load in Bangladesh. Bangladesh should, however, plan for a series of nuclear power plants, not just for one or two plants. Under such circumstances, Bangladesh and Russia signed a memorandum of understanding (MoU) in May 2009 for exchanging nuclear technology and construction of nuclear power plants in Bangladesh. One year later, the two countries signed an agreement of cooperation for design, construction and operation of nuclear reactors. The agreement also covers nuclear fuel supply, return of the spent nuclear fuel, nuclear waste management and personnel training. In November 2011, the government of Bangladesh inked an agreement with Russia to set up a two-unit nuclear power plant at Rooppur with a capacity of 1,000MW each. The deal does not include any time schedule or the cost of the project. In February 2012, the Ministry of Science and Technology signed an agreement with Russia for advisory support on nuclear regulation, licensing and supervision. Bangladesh Atomic Energy Regulatory Bill was passed in 2012 and the regulatory authority (BAERA) was formed recently. In January 2013, Bangladesh and Russia signed a $500m loan agreement to cover the costs of a feasibility study, plant design, infrastructure development and training of the plant’s personnel. On April 2, the Executive Committee of the National Economic Council (ECNEC) approved the first phase of a 2,000MW nuclear power project in Rooppur at a cost of Tk5,242crore without specifying the total cost of the project. BAEC recently signed an agreement with NIAEP-ASE, the Russian statecontrolled nuclear power plant design and construction company, to conduct a technical and economic feasibility study, an environment impact assessment study, site engineering survey plus several other studies for the Rooppur nuclear power project (RNPP). Even though the government intends to go ahead with the nuclear project on a fast track, serious doubts have been expressed by experts about the lack of properly trained manpower, cost of the project, suitability of the Rooppur site, availability of cooling water for the plant, safety of the VVER-1000 nuclear reactors, nuclear disaster management

recruited engineers mostly for operation of the research reactor at the Atomic Energy Research Establishment (AERE) at Savar and for maintenance of the BAEC establishments. Without any nuclear power programme, BAEC grew up basically as a research organisation. It has a large number of research scientists but not properly trained engineers to build, regulate and operate nuclear power plants. Even the director-general of the International Atomic Energy Agency (IAEA), Yukiya Amano, recently commented that “Bangladesh lacks in manpower.” Although negotiations with the Russians started four years ago, serious lapses were noticed in the management of the Rooppur nuclear power project. There were no attempts to recruit and train engineers for the management of the project and for nuclear regulation. The project management team is the key organisation that supervises all the project activities starting from planning up to handing over the completed plant to the operation team. The function of a nuclear regulatory body is to protect public health and the environment from uses of nuclear facilities and materials. A competent management team with engineers having experience of construction/operation of nuclear/ conventional power plants and a proper nuclear regulatory body are essential prerequisites for initiation of a nuclear power programme. It takes 3-5 years to train engineers for the project management team and also for the regulatory body. Recruitment and training of engineers for the operation and maintenance (O&M) teams may start 2-3 years prior to the signing of the contract for the construction of the plant. It took four years to sign the agreement for the preparation of the feasibility study of the project where as it should have been completed two years ago. The feasibility report is now under preparation by a subsidiary company of the likely supplier of the nuclear power plant. Needless to say the study will lose much of its credibility, as its findings, particularly on the cost of the project and safety of the nuclear plant, are likely to be biased in favour of its parent company. For an impartial appraisal of the feasibility of the project, it was necessary to employ an independent and reputed consultant, preferably from

a western country. Contrary to normal procedures, the Russians granted a loan of $500m (Tk4,000 crores) to Bangladesh and the ECNEC approved the first phase of a 2,000MWe nuclear power project at a cost of Tk5,242crores before the feasibility study and without knowing the total cost of the project. Such anomalies are likely to occur in the future also unless the management of the project is handed over to a more competent body like a separate nuclear power corporation which will own, plan, build and operate all nuclear power plants in Bangladesh, like in India and many other countries. It may be mentioned here that nuclear power plants around the world are owned and operated by either electric utilities or corporations, not by Atomic Energy Commission except in Pakistan. However, unlike Bangladesh, Pakistan has a strong group of trained nuclear engineers. The cost of a 1,000MWe nuclear power reactor is estimated by the government at $1.5-2bn (Tk12,000-16,000 cores) even though the current market price of similar Russian reactors is $4bn (Tk32,000 crores). Two 1,000MWe reactors at Rooppur are, therefore, likely to cost about $8bn (Tk64,000 crores). Will it be wise to spend Tk5,242crores, approved by ECNEC, for such a large project before the establishment of its feasibility? The site at Rooppur was selected for a 50-60MWe nuclear plant 50 years ago. The proposed size of the plant has increased to 2,000MWe while the flow of water in the Ganges decreased significantly due to the construction of the Farakka Barrage upstream in India. The population around the site has also more than doubled during this period. A re-evaluation of the Rooppur site is, therefore, essential to ensure the availability of cooling water for the reactors, transportation of heavy equipment to the site through the Ganges, safety of the plant against any seismic activity or liquefaction of the soil during the monsoon periods and evacuation of an estimated three million people to a safe zone in case of a nuclear accident. Concerns have also been expressed about the safety of the VVER-1000 reactors that have been proposed for Rooppur. Contracts for a total of 11 VVER-1000 reactors (2 in Hungary, 3 in Ukraine, 4 in Germany and 2 in the Czech Republic) were cancelled for failure to meet the European safety standards. Construction of two similar reactors in Balakovo in Russia and one in Iran was also suspended. The Atomic Energy Regulatory Board (AERB) of India recommended 17 safetyrelated modifications for the VVER-1000 reactors now under construction in Kudankulam in Tamil Nadu. The Tianwan nuclear power plant in China incorporates Russian VVER-1000 reactors with a digital instrumentation & control (I&C) system supplied by a western consortium to improve safety and reliability. It may be mentioned that customised designs usually escalate cost and cause delays in construction schedules. It is claimed that VVER-1200 reactors, producing 1200MWe power, have higher efficiency (36.56%), longer core life (5060), lower per unit capital costs, shorter period of construction (54 months) and enhanced safety features with a core damage frequency (CDF) of 1×10-7. VVER-1200 reactors are designed to meet the safety standards of both USNRC and European Utilities’ Requirements (EUR) and are under construction in Leningrad II and Novovoronezh II power plants in Russia. With the projected peak power demand of over 20,000 MW, it may be possible to integrate 1200MWe reactors into the grid by 2022 without any additional risks of system instability. It is, therefore, strongly recommended that we consider VVER-1200 reactors, instead of

We waited for 50 years for nuclear power. What is wrong in waiting for a couple years more and build the manpower first?

VVER-1000 reactors, for Rooppur and other sites in Bangladesh. The essential steps before we proceed for a nuclear power programme are: (i) formation of a separate nuclear power authority, (ii) formation of a competent project management team (iii) re-constitution of a strong and independent nuclear regulatory body, and (iv) building a competent O&M team. To build necessary manpower, we can take the following steps: (i) recruit experienced nuclear engineers of Bangladeshi origin from abroad, if available, (ii) recruit local engineers who are experienced in construction and/or operation of conventional power plants and train them in nuclear engineering, (iii) train the present BAEC engineers in construction and operation of nuclear or conventional power plants, and (iv) recruit top-grade fresh graduate engineers and train them in nuclear engineering. I must stress here that there is absolutely no reason to rush to build a nuclear power plant until we are fully prepared with the required and trained manpower. If we do, we shall continue to make mistakes like we have been making. Any experimentation in the construction of nuclear power reactors will be too risky and too expensive. We waited for 50 years for nuclear power. What is wrong in waiting for a couple years more and build the manpower first? Many professionals have been suggesting the abandonment of the Rooppur nuclear power project in view of the shortage of manpower and concerns about safety. If our engineers could build and operate nuclear power plants abroad, there is no reason why they cannot do it in Bangladesh. I believe we can build and operate nuclear power plants safely provided we first build the required manpower, buy the nuclear reactors with state-ofart safety features and religiously apply the nuclear safety regulations. l Abdul Matin is a former chief engineer of Bangladesh Atomic Energy Commission and the author of “Rooppur and the Power Crisis.”


6 Janajuddha activist shot dead in Jhenaidah n Our Correspondent, Jhenaidah An activist of the Biplabi Communist Party (ML Janajuddha) was shot dead by unknown assailants in a village in Jhenaidah sadar upazila on Sunday night. Police recovered the body yesterday morning. The deceased was identified as Liton Hossain, 32, of Kashimnagar village in the upazila. There were a number of cases, including murders, against the victim. The office in charge of Bazer Goplapur police outpost, Sub-Inspector Shibu Prasad, said unknown killers had shot Liton to death in a Mehegoni garden in Sutidurgapur village during the night. The police, on information, recovered the body at 9am yesterday and sent it to Jhenaidah Sadar Hospital morgue for autopsy. The police said Liton was accused in the killings of two other outlawed activists, Uzzal and Asadul, of Sankarpur village in Jhenaidah sadar upazila. l

DHAKA TRIBUNE

Nation

Tuesday, August 6, 2013

Salinity wreaking havoc on agriculture in south-west Huge cropland lost; ecology imperiled n Tribune Desk Intrusion of saline water has kept crop farming in the south-western region at stake, causing an ultimate reduction in the supply to the food bank here. Several thousand hectares of arable land have disappeared in five districts of the region due to impact of saline water used in shrimp farming. Farmers use saline water lifted from the rivers in their shrimp enclosures from where the water enters the crop fields damaging planted aman, aus and boro paddy. The saline water also causes a huge damage to the environment here. Shrimp Farmers Association sources said shrimp cultivation in the southwestern region started commercially in 1973-74. The period form 1980 to 1995 was the golden era for shrimp cultivation. During this time, many of the farm-

ers gave up paddy and jute cultivation and started farming of ‘white gold shrimp’ expecting to make a mega buck overnight. People from different professions also joined the trade. They gradually started cultivating shrimp making enclosures in the crop lands. Abdul Wahab of old town of Satkhira said he started shrimp cultivation by setting up enclosures in 1987. He added he built an enclosure on about 600 bighas of land for shrimp cultivation expecting huge profit. For five consecutive years, he cultivated shrimp but at one stage virus attacked his shrimp enclosure and he has become pauper. Now he cannot cultivate other crops on the land due to the use of saline water. Later, he started business of iron rod and cement at Golshamari in

Khulna with a heavy debt on his shoulder. Shrimp farmer Mohiuddin Ahmed of Beledanga village of Kaliganj upazila of Satkhira made an enclosure on about 60 bighas of land to cultivate lobster. He spent about Tk15 lakh building cross dam, lifting water and releasing fry. After doing business for two-three years, virus attacked his farm killing all lobsters. In 2000, he joined a different profession losing all his capital. Deputy director Solaiman Ali of the Department of Agriculture Extension, Satkhira, said several thousand hectares of land in the district are losing fertility due to shrimp cultivation by using saline water. He added about 50,000 to 60,000 hectares of crop land have disappeared due to impacts of saline water shrimp cultivation in the last seven years. According to him, there were 2,

29,607 hectares of cultivable land in Satkhira in 2006-07. Due to shrimp farming in the last seven years, the total area of land now stands at 188,626 hectares. Of the total, land affected with saline water is 57 percent. Like Satkhira, crop lands in Khulna, Bagerhat, Jessore and Narail are also gradually being damaged due to shrimp cultivation. Bangladesh Shrimp Farmers Association president Dr Aftabuzzaman said if shrimp is cultivated in a planned way, it will not damage environment or crop lands. He added the government earns foreign exchange of several thousand crores of money by exporting two types of shrimp. On the other hand, employment was created for lakhs of people in the southern region due to shrimp cultivation. l

Hira call for increasing fish resources n BSS, Jamalpur Land Minister Alhaj Rezaul Karim Hira said fish production in the country had increased due to implementing various development projects by the present government. The minister said this while inaugurating the fish fry releasing programme in open water bodies yesterday at the Jamalpur Sadar Upazila Parishad compound as the chief guest. He also said, “If we continue with the projects, including setting up a fish sanctuary, Beel nursery, and releasing fish fry in open water bodies, we can increase our fish resources. He urged the fish cultivators to cultivate fish by using modern technology. Upazila Parishad Chairman Bizan Kumar Chanda, Upazila Nirbahi Officer Lutfun Nahar and District Fisheries Officer Ronjit Kumar Paul addressed the function, among others. Later, the minister released some fish fry in the pond of Upazila Parishad. l

No Eid for char people in Lalmonirhat n Our Correspondent, Lalmonirhat Eid-ul-Fitr means hardly anything to about 200,000 people from 85 char villages of five upazilas affected by floods and river erosion by the Teesta and Dharla Rivers in Lalmonirhat. Buying even vermicelli and sugar is out of the question, let alone new dresses. The people said beyond their bare needs they cannot afford to buy extra goods under the present circumstance as they have lost their shelters, croplands and domestic animals in recent floods and erosions. They said a good number of them have been waiting for government and non-government aid, so that they can buy food and other things to celebrate Eid with their families. Flood victim Azgor Mia, 48, at Kalmati village in Lalmonirhat sadar upazila said, “We have two sons and two daughters, and I am unable to purchase new clothes for them till now. I could not even purchase food and other goods for Eid, as I have absolutely nothing.” Soleman Ali, 32, an erosion victim of Kurul village in the same upazila said he along with five family mem-

bers had taken shelter on the road. There remains nothing called Eid for his family this year, he said. “We now fight daily for food and are not in a condition to spend extra money for celebrating Eid,” said Atiar Rahman, 58, a farmer of flood hit village Kutirpar under Aditmari upazila. Rajpur Union Parishad Chairman Mofazzal Hossain Mofa said people of his union were going to celebrate a different Eid this year because of not being able to recover from their disastrous losses. The District Relief and Rehabilitation Office sources said the government has distributed 105,000 Vulnerable Group Feeding (VGF) cards amongst families at 45 unions and two municipalities at five upazilas in the district for celebrating Eid-ulFitr. Each of VGF card holder will get 10kgs of rice. The District Relief and Rehabilitation Officer (DRRO) Anowarul Islam said the VGF cards were distributed equally in char and mainland areas. His office did not get any order for special allocation of flood for the erosion hit people of char villages to celebrate Eid-ul-Fitr this year, he added. l

Women having glimpses at saris at a market in Gaibandha

Six killed in road accidents in 4 dists n Tribune Desk

Six people were killed and eight others injured in separate road accidents in Comilla, Satkhira, Narayanganj and Moulvibazar yesterday. In Comilla, two people were killed and five others injured in a head-on collision between a bus and a pickup at Kalakachua in Burichang upazila in the afternoon. The deceased were identified as Khalilur Rahman, 20, the pickup helper and son of Habibur Rahman of Katabil area in Sadar upazila, and its passenger Monir Hossain, 28. Police said the Dhaka-bound bus of ‘S Alam Paribahan’ collided head-on with the pickup on Dhaka-Chittagong highway around 4, leaving the duo dead on the spot and injuring five people. The bus plunged into a roadside ditch while the pickup got twisted after the accident. In Satkhira, a teenage boy was killed and another injured when a truck hit a bicycle on Satkhira-Kaliganj road at

Bakol Bridge in Sadar upazila in the afternoon. The deceased is Mamun, 15, son of Didar Gazi of Laxmidari village in the upazila.

Police said the Dhaka-bound bus of ‘S Alam Paribahan’ collided head-on with the pickup on Dhaka-Chittagong highway around 4, leaving the duo dead on the spot and injuring five people Police said the Munshiganj-bound riceladen truck from Kushtia hit the bicycle carrying Mamun and Ruhul Amin while they were going to Baro Bazar in the town for selling polythene, leaving Mamun killed on the spot and injured Ruhul. Police arrested truck driver Shahidul Islam alias Mahsin, 35. In Moulvibazar, a motorcyclist was killed as a bus crashed into his bike at Shahbandar in Sadar upazila at noon. The deceased is Abdur Rakib, 54,

son of late Arju Mia of Durlabpur village in the upazila. Police said a Sylhet-bound bus drove into the bike of Rakib while he was going to the district town, leaving him injured. He was rushed to Sadar Hospital where doctors declared him dead. In another incident in Kulaura upazila, Ripon Kumar Paul, 26, son of Balai Palu of Mahishjuri village, was killed when he fell off the roof of a bus at Brahmanbazar at noon. In Narayanganj, a woman was killed and two people were injured when a truck hit a rickshaw at Nandalalpur in Fatulla in the morning. The deceased is Rahatun Khatun, 52, wife of late Akter Uddin of Lamapara in Fatullah. Quoting witnesses, police said Rahatun Khatun died on the spot when a truck hit a rickshaw while she was returning home after collecting VGF rice. Her relative Sakhina Begum and the unidentified rickshaw-puller were injured in the incident. l

FOCUS BANGLA

Man sets wife on fire for dowry money

Three Jamaat activists held in Jhenaidah in police killing case n Tribune Report n Our Correspondent, Jhenaidah Jhenaidah police yesterday arrested three Jamaat-e-Islami activists who were absconding after being charged with the murder of police Constable Omar Faroque. Police said the arrestees- Yusuf Ali, Tipu Sultan and Basir- had been on the run since the murder case was filed. Mahibul Islam, officer-in-charge of Harinakundu police station, said, acting on a tip off, a team of police raided two villages, Gobindaput and Bherakhali, in the Harinakundu upazila of the district in the morning, arresting the trio. The constable of Harinakundu police station was slashed and beaten to death by the Jamaat and Shibir men on March 3 of this year. l

A recently married wife is fighting for her life in Sylhet Osmani Medical College Hospital after being set on fire by her dowry-loving husband. The husband set fire to his wife after pouring kerosene on her body on Friday afternoon. Local sources said Eli Begum, 20, daughter of Abdul Haque of Ali Nagar village, Biyanibazar upazila, Sylhet, got married to Nasir Uddin of Raykhail Mazhpara village, South Shurma upazila, Sylhet, in February. Soon after the marriage, the unemployed husband began putting pressure on his wife for dowry. In response to the situation, Eli’s father tried his best to support his sonin-law. However, the husband continued asking for more money.

Eli’s family used to send Iftar items to pacify Nasir but nothing could deter him from demanding dowry. Unsatisfied and angry, Nasir used to fly into a rage and began to torture Eli. At 3pm on Friday, the ruthless husband threw kerosene on Eli and set fire to her, leaving her with severe burns. The husband also threw away a jug full of water so that no-one could douse the flames. Neighbours came to Eli’s rescue after hearing her screams, but not before her entire body was burned. The victim was taken to Sylhet Osmani Medical College Hospital with serious burn injuries. She is now fighting for life in ward 6 of the hospital. She may succumb to her injuries at anytime. Eli’s mother Roshna Begum filed a case against Nasir Uddin with Mogohlbazar Thana. l

NEWS IN BRIEF 5 held for fishing with insecticides

A forest department drive caught five fishermen red handed in Bagerhat’s Chadpai and Charputia areas under Mongla Upazila on Saturday night for using insecticides to catch fish. The five – Zahidul, Hawlader, Zillur, Firoz and Zakir – hail from different parts of Rampal upazila. Seven bottles of insecticides, two boats and several fishing nets were sieged. The arrestees were sent to a court in Bagerhat day before yesterday - UNB

Fish killed for previous enmity

Criminals yesterday poured poison into a fishery in Sylhet’s Sheikhghat area for, what Local people form a human chain in Barisal town yesterday, demanding measures to stop use of chemical in food items

FOCUS BANGLA

the owner, Pijush Kanti Dey, claims; was previous enmity. He alleged that Sudipta Dey Mintu, Joydip Dey Liptu, Raj Dey Siptu, Shailendra Kumar Dey and Pritam Dey of Bhangatikar poisoned the fishes in the night causing him to lose over Tk800,000. A case was filed against the five with Kotwali police.

Trader hacked to death

A rice trader was hacked to death on Sunday night at Moina village of Sylhet’s Kanaighat upazila. Abul Kalam Minar, 40, was attacked while on his way home from Tarabi prayers around 10:30pm. He died while being taken to the hospital. Police sent his body to Osmani Medical College Hospital morgue for autopsy. The reason

behind the killing could not be known immediately.

One dead, two hurt in road accident

One person was killed and two others injured in a road accident on the DhakaChittagong Highway in the Barabkunda area of Sitakunda upazila in Chittagong yesterday. Police said Nuruddin, 45, died on the spot when a head-on collision took place between an auto-rickshaw and a sports utility vehicle (SUV) in the Jor Bottol area around 11:30am. Sergeant Md Shahin of Kumira highway police camp said the deceased was a passenger of the auto-rickshaw. – Our Correspondent


DHAKA TRIBUNE

Metro

7

Tuesday, August 6, 2013

Dhanmondi Lake development work to be completed soon n Abu Hayat Mahmud

Environmentalist visited Purbanchal New City project site yesterday

‘Purbachal town project destroying environment’

MAHMUD HOSSAIN OPU

The High Court directed Rajuk to stop land developments or monetary work for the housing project until it obtains environmental clearance The court passed the order after “We urge Rajuk to cancel the second Andolon (Bapa), Syed Mahbubul Alam, n Abu Hayat Mahmud former director of Work for Better Ban- phase of the Purbachal Project for the hearing a petition which claimed that Leaders of different organisations working for the protection of the environment have accused Rajuk of damaging the environment in the name of implementing the Purbachal New City Project. Visiting the site, Purbachal Phase-2, yesterday, the environmentalists observed that the implementation of the project has caused destruction of local ecology, arable lands, plants etc., particularly in the Borokau and Parabartha areas of Kaliganj, Gazipur, The environmentalists, including Abu Naser Khan, chairman of Paribesh Bachao Andolon (Poba), Abu Sayeed Ahmed, president of Bangladesh Architecture Institution (BAI), JK Baral, general secretary of Bangladesh Poribesh

gladesh (WBB), visited the project location in the afternoon. Abu Naser Khan said: “Rajdhani Unnayan Kartipaksha made the whole area (Borokau and Parabartha) barren land by cutting different types of fruit-bearing trees and also filling in grain-growing land and wetlands.” Naser alleged that the government-run Rajuk was also continuously carrying out their anti-environmental activities, violating environment and water laws and dishonouring the High Court’s order. While talking to the visiting team, Md Kamal Uddin, Chairman of the Uttar Khan union parishad, said the project has had an adverse impact on the environment.

welfare of the environment and local poor community,” he said. Moreover, the local people also urged the government to stop the project immediately. Raij Uddin, 80, said: “I have lost all of my assets, which is almost 10 bighas of land, due to the land being acquired by Rajuk for the Purbachal New City.” “There were various fruit trees and dense vegetation in the area and a huge number of monkeys in the deep forest. But now all of this biodiversity has been destroyed by Rajuk’s Purbachal City,” he said. Earlier, in April of this year, the High Court ordered Rajuk not to cut down any trees in the Purbachal housing project area until further notice.

Rajuk had been chopping down trees in some areas of Kaliganj for the housing project despite not having clearance from the Department of Environment. The Rajuk authorities have been continuously filing in wetlands and cutting vegetation, violating the HC order. Moreover, on August 1, the High Court directed Rajuk to stop land developments or monetary work for the Purbachal housing project in Gazipur until it obtains environmental clearance. The court passed the order after responding to a writ petition jointly filed by the Bangladesh Environmental Lawyers’ Association, and six other rights groups. l

The development work at Dhanmondi Lake and adjacent areas in the capital is now in its final stages and is expected to be finished by the end of August. Earlier, the development completion deadline was extended by six months from December 2012 to June 2013. But, after failing to meet the two deadlines, the concerned authorities expressed hopes that it would be finished by August. The authorities also said the additional time was needed to empty some plots of land in adjoining areas of the lake which had been illegally occupied. Project Officer Captain Md Anisur Rahman told the Dhaka Tribune: “We have reached the finishing stages of the development project and hopefully the rest of the work will be completed by this August.” “Only a few parts of the children’s park and an over-bridge remain to be constructed,” he added. Anisur Rahman also said: “We sent a letter to the LGRD authority to extend the finishing date of the project, and the LGRD authority extended it in December. However, we will able to finish it by this August.” In 2011, the government took on the development project which covers approximately 98 acres of the Dhanmondi Lake area, from road 32 to road 6, in order to give a facelift to the greenery and make the area more attractive to a wider range of city dwellers. The initiative was undertaken by the Ministry of LGRD and Cooperatives,

as well as the Dhaka City Corporation (now Dhaka South City Corporation). Later, the LGRD and Cooperatives Ministry handed the initiative over to the 16-Engineering Construction Battalion (ECB) under the Special Works Organisation (SWO) of the Bangladesh Army for implementation, with Vitti Sthapati Brindo working as consultants. The Project Officer, Captain Anisur Rahman, informed Dhaka Tribune that the army have planted almost 50 thousand trees in adjoining areas of the lake and also set up an orchid garden and a children’s park beside the Kalabagan playground. Other developments made under the project include the construction of 2km of walkway and 1.5km of drainage, foot over-bridges at Kalabagan and Dhanomndi Road 8, installation of 10 pure drinking water points and the construction of 4 public toilets. The project also repaired 4 existing bridges and 2km of walkway and installed a modern lighting system. Officials said maintenance and security of the lake would be ensured properly after completion of the project. A visit to the project site revealed that most of the work has been completed, with only the over bridge and the children’s park, named Russel Sishutosh Angan, still under construction. 90 percent of the funding for the Tk245.3m project came from the LGRD and Cooperatives Ministry, with the rest coming from the city corporation. l

Khulna city ready for Eid-ul-Fitr celebration n Tribune Desk The district administration at a meeting yesterday chalked out an elaborate programme to celebrate the Eid-ul-Fitr, the greatest of Muslim religious festivals, likely to be held on August 9. As a part of the programme, in the morning the national flag will be hoisted above all government, semi-government, non- government and autonomous establishments, while the Eid-Mubarak flag will be hoisted at the circuit house and on road dividers in the streets of the city. The decision was divulged during a preparatory meeting held at the confer-

ence room of the deputy commissioner, with Khulna Deputy Commissioner Mesbahuddin in the chair. The main Eid jamaat will be held at 8.30am in the Khulna circuit house grounds while the second Eid-ul-Fitr congregation will be held at the city’s jam-e-mosque at 9.30am. The Eid congregation will be held at 8:am, 9:am and 10:am respectively at the Town jam-e-mosque. Meanwhile, all the mosques under KCC have arranged Eid congregations. On the day, the administration of Khulna jail, government hospitals and government orphanages will serve special foods. l

DU signs MoU for disaster Poor medical, bank services during eid in Barisal management research n Anisur Rahman Swapan, Barisal

n DU Correspondent A memorandum of understanding was signed yesterday between Dhaka University’s Institute of Disaster Management and Vulnerability Studies (IDMVS), Bangladesh Red Crescent Society (BDRCS) and the International Federation of Red Cross and Red Crescent Societies (IFRC) in order to promote research, knowledge management and humanitarian diplomacy in disaster management. The university’s treasurer Dr Md Kamal Uddin, IFRC delegation chief Tsehalyou Seyoum, and BDRCS secretary general BMM Mozharul Huq signed the agreement.

DU vice chancellor Dr AAMS Arefin Siddique thanked the BDRCS and IFRC for signing the MoU with IDMVS pointing out that Bangladesh is the most vulnerable country for both natural and man-made disasters. He hoped the MOU would be helpful to strengthen disaster management activities in DU as well as in the rest of Bangladesh and create an effective and skilled workforce in the field. Bangladesh Open University pro-VC Dr. Khondokar Mukaddem Hossain, IDMVS director Dr Mahbuba Nasreen, and DU’s acting registrar Syed Rezaur, also attended the simple ceremony at the VC’s office. l

Hospitals, clinics and diagnostic centers in Barisal have already started going into vacation mood, with doctors and staff leaving for Eid vacations. At Barisal Sher-e-Bangla Medical College Hospital, 591 out of 730 doctors and nurses will be on weeklong Eid vacations. In addition, 187 out of 205 interns, 265 out of 350 staff nurses, 139 out of 175 staff including registrars, assistant registrars, emergency, indoor and outdoor medical officers will be on leave. The state-owned hospital is the only specialised health service provider in the region. Only a handful of physicians and staff are assigned for

during Eid week at the hospital. Anowar Zahid, a health rights activist, told our correspondent that the hospital had started to release several patients before Eid, many not fully recovered, so that it would have to handle fewer patients during the vacation. “We cannot deny anyone the right to leave on Eid vacation. Besides, doctors and nurses of other religions and city residents will be available for service,” said SBMCH Director Dr Ferdous Alam. “The private clinics and hospitals have made special but very limited arrangements compared to public hospitals,” he said. “Most of the times they just refer the patients to us,” the director added.

An average of 1,200 patients come for indoor treatments to this 500 bed hospital every day. However, the number of patients during Eid holidays is expected to be around 500 to 600. On Sunday 667 patients were admitted to SBMCH. So the shortage of manpower will not have much effect, Deputy Director Dr. Qamrul Islam Selim explained. On other hand, general people and businessmen may also suffer due to closed banks and disruption of ATM services during the holidays. After visiting different ATM booths of both public and private banks it was found that most ATM booths often ran of cash or were out of network and remained closed as concerned

bank officials were not available. Almost all businessmen in the city will face problems with the large amount of cash collected from last moment Eid sales, said Abdur Rahim, owner of Maiyuri Departmental Store. Saidur Rahman Rintu, president of Barisal Chamber of Commerce and Industries, said the closing of banks has caused customer and businessmen to suffer. The central bank’s Barisal office said all public and private banks in the district have been asked to take necessary steps for depositing and withdrawing cash and to ensure undisrupted ATM and mobile banking services during the Eid rush. l

Special service on Dhaka-Barisal route with faulty vessels n Anisur Rahman Swapan, Barisal The state-run Bangladesh Inland Water Transport Corporation (BIWTC) will start a special service on the Dhaka-Barisal route from today with four faulty vessels. The BIWTC is launching the special service with four 50 to 60 year-old vessels, having records of often disrupting journeys midway due to technical glitches. BIWTC peddle-wheel steamers PS Lepcha, PS Mahsud, PS Turn, and screw-wheel motor vessel MV Sela will carry passengers to their respective destinations via the districts of Chandpur, Jhalakathi, Pirojpur and Bagerhat. Barisal and Narayanganj BIWTC stations have been asked  to provide special tug boats, piloting services and be prepared to face any emergency calls, said Gopal Chandra Majumdar, assis-

tant general manager of BIWTC Barisal station, when asked about how they plan to keep the trips smooth with unfit vessels. He added that they did not have any alternatives nut to start the service with the faulty vessels. The special service will be operated from August 6 to 10 before Eid and from August 13 to 20 after Eid. Every day at least one regular and one special vessel will be launched for home-bound passengers before Eid, said Nurul Alam Akon, deputy general manager (commercial, passenger and ferry services) of BIWTC. Under this schedule PS Mahsud will leave Barisal for Dhaka at 5pm today (Tuesday), said Gopal Chandra Majumdar, assistant general manager of BIWTC Barisal station. According to the schedule, PS Mahsud will sail the route on August 6, 7, 8,

10 and 13 from Barisal and on 5, 6, 7, 8 and 11 from Dhaka. PS Turn on August 8, 11 and 14, from Barisal and on 6, 9 and 12 from Dhaka. PS Lepcha on August 9 and 12 from Barisal and 7 & 10 from Dhaka. MV Sela on August 7, 10, 11, 12, 13 and 14 from Barisal and 5 & 8 from Dhaka. Eight sea trucks of BIWTC will connect 11 stations of coastal routes under Barisal, Bhola, Laxmipur, Noakhali districts. Three coastal ships MV Abdul Matin, MV Monirul Huq, MV Baro Awlia will have regular and Eid special services to connect different destinations like Hatiya, Sandwip, and Chittagong. Additional ferry trips will also be activated on Paturia-Daulatdia, Mawa-Charjanajat, Chandpur-Shariatpur, Bhola-Lakshmipur and Laharhat-Veduria river routes on the occasion of  Eid-ul-Fitr, BIWTC sources added. l

A bagales festival was held at Agrani School and College playground at Azimpur in the capital yesterday

NASHIRUL ISLAM


8

DHAKA TRIBUNE

International

Envoys in Egypt visit jailed Muslim Brotherhood leader Khairat El-Shater visited by a delegation including US Deputy Secretary of State William Burns and European Union envoy Bernadino Leon Shater told the envoys he would mula for him to step down that guaran- group must first renounce and halt vin Reuters, Cairo olence. only hold talks with them in the pres- tees it a stake in the political future. International envoys visited a high-ranking member of Egypt’s Muslim Brotherhood in jail on Monday, the state news agency reported, to press a bid to defuse the crisis ignited by President Mohamed Morsi’s downfall. The envoys met deputy Brotherhood leader Khairat El-Shater just after midnight, having received permission from the prosecutor general to visit him at Tora prison, south of Cairo, the state news agency MENA reported. The report citing “an informed source” contradicted an earlier government denial of a visit by officials from the United States, European Union, United Arab Emirates and Qatar. MENA gave no further details. Earlier, the Doha-based Al Jazeera news channel reported the meeting had taken place. The reports could not be independently confirmed. Shater is deputy leader of the group that propelled Morsi to office last year in Egypt’s first democratic presidential election. Seen as the Brotherhood’s political strategist, he was arrested after Morsi’s downfall on charges of inciting violence. The international mediation effort is helping to contain the bloody conflict between Morsi’s Islamist backers and the interim government installed by the military that overthrew him on July 3, following mass protests against his rule. The army-backed government said on Sunday it would give mediation a chance but warned that time was limited. Thousands of Morsi supporters remain camped out in two Cairo sit-ins, which the government has declared a threat to national security and pledged to disperse. Al Masry Al Youm, a privately owned newspaper, said Shater was visited by a delegation including US Deputy Secretary of State William Burns and European Union envoy Bernadino Leon.

WORLD WATCH China bans New Zealand milk powder imports

China has halted imports of all milk powder from New Zealand and Australia, New Zealand’s trade minister said on Sunday, after bacteria that can cause botulism found in some dairy products raised food safety concerns that threatened its $9.4bn annual dairy trade. Global dairy giant Fonterra identified eight companies to which it had sold contaminated New Zealand-made whey protein concentrate, exported to China, Malaysia, Vietnam, Thailand and Saudi Arabia and used in products including infant milk powder.

4-year-old mayor is re-elected in US

Robert “Bobby” Tufts hasn’t made it to preschool yet, but he has already been elected twice as mayor of a tiny tourist town in northern Minnesota. Mayor Tufts’ name was picked Sunday during annual Taste of Dorset festival to be mayor of Dorset for a second term. It has no formal city government and has a population of 22 to 28, depending on whether the minister and his family are in town. Bobby was only three when he won the election last year.

Amnesty names 5 Cubans ‘prisoners of conscience’

Amnesty International designated five Cubans detained on the island as “prisoners of conscience” on Sunday and called for their immediate release. The New York-based human rights watchdog highlighted the cases of Rafael Matos Montes de Oca, Emilio Planas Robert and brothers Alexeis, Diango and Vianco Vargas Martin. It said they have been held for months in eastern provincial lockups. Cuban officials, who did not respond to a request for comment Sunday, deny holding any political prisoners.

Moroccan king revokes pardon of Spanish pedophile

Morocco’s king on Sunday revoked his pardon of a Spanish pedophile, after hundreds rioted in front of parliament on Friday to protest the decision. The pedophile, identified by the Spanish Foreign Ministry as Daniel Galvan Vina, has been serving a 30-year sentence for raping and filming at least 11 children aged four to fifteen. A statement from the palace carried by the state news agency on Sunday said the king revoked the pardon, taking into consideration the gravity of the crimes committed.

ence of Morsi because he was “the legitimate president,” the newspaper reported on its website, citing a senior security source. The diplomats were accompanied by members of the armed forces during the visit, which the report said was focused on ways to end the sit-ins. Court sets date for trial of Shater, others The military has laid out a plan that could see a new head of state elected in roughly nine months. The Brotherhood, an Islamist movement that spent decades in the shadows before Mubarak’s downfall, says it wants nothing to do with the plan. However, diplomats say the group knows Morsi will not return as president and wants a face-saving legal for-

Almost 300 people have been killed in political violence since Morsi’s overthrow, including 80 shot dead by security forces in a single incident on July 27. Much of the Brotherhood’s leadership is in custody. On Sunday, a Cairo court announced that the top leader of the Brotherhood and two other officials including Shater would go on trial in three weeks’ time for crimes including incitement to murder during protests in the days before Morsi was toppled. That could complicate efforts to launch a political process, encourage national reconciliation and avert further bloodshed. The interim administration has said it wants political reconciliation to include the Brotherhood but says the

Suggesting an appetite for compromise, a spokesman for the Morsi camp said on Saturday it wanted a solution that would “respect all popular desires,” an apparent recognition of the strength of the protests against his one year in power. During a meeting with Burns and Leon on Saturday, the pro-Morsi delegation also said they would be willing to negotiate with politicians that backed Morsi’s ouster. But they are also seeking the restoration of a constitution suspended when Morsi was deposed and want the military, together with army chief General Abdel Fattah al-Sisi, out of politics. Morsi is being held at an undisclosed location and facing a probe into accusations including murder. l

A supporter of deposed Egyptian President Mohammed Morsi sniffs the blood of another protester who was killed in clashes with security forces REUTERS

Two soldiers, militant killed in Tunisia turmoil n Reuters, Tunis Tunisian police shot dead an Islamist militant in Tunis and two soldiers were killed in a blast near the Algerian border on Sunday, as the government grappled with growing security and political crises. There has been a surge in Islamist militant attacks over the past two weeks in the North African country, and on Friday security forces launched heavy air and artillery strikes on militant hideouts in the Mount Chaambi area near the Algerian border. At the same time, the secular opposition, angered by the assassination of two of its leading members and emboldened by Egypt’s army-backed ousting of its elected Islamist president, is seeking to topple its own moderate Islamist-led government. Tens of thousands of Tunisians came out in a show of force for the ruling Ennahda party on Saturday, shouting “No to coups, yes to elections.” On Sunday night, the opposition held a rival rally that drew more than 20,000, the largest protest since it began launching daily demonstrations last week. Earlier on Sunday, two soldiers were killed and six others were wounded by a landmine that hit their tank as they searched an area in Mount Chaambi, where militants killed eight soldiers last week in the deadliest attack on Tunisian forces in decades. In the capital Tunis, Interior Ministry official Lotfi Hidouri said police raided a house where militants were hiding weapons in the Kabaria district. “The police killed a terrorist and arrested five others,” he said. Over the past week, a roadside explosive device and a car bomb have targeted security forces in Tunis, the first such attacks to hit the capital. No one was hurt.

Opposition rallies

Once considered a model among fledgling “Arab Spring” democracies, Tunisia is facing its worst crisis since protesters toppled Ben Ali and sparked a wave of revolts across the region. The opposition has accused Ennahda of being linked to or tolerating Islamist militant attacks. The party denies

that and has stepped up recent efforts to crack down. It denounced recent attacks as terrorism. Demonstrations swept Tunisia after the assassination of Mohamed Brahmi, a member of the Arab nationalist Popular Front party, on July 25. The killing followed the assassination of party leader Chokri Belaid in February. In Tunis’s Bardo square on Sunday, opposition protesters chanted slogans against Ennahda and participants said their rally was a more legitimate expression of popular will. They criticised Ennahda for renting buses to bring protesters to Kasbah Square on Saturday and providing meals to the crowds, which the party said topped 150,000 people. “With our large crowds we say to Ennahda that we are able to shake your government, which is more dictatorial than Ben Ali, and we will sweep you out of Tunis,” said Amal, waving a red Tunisian flag. “We have gathered in our tens of thousands tonight without using buses or food ... and on Wednesday we will see the protest that ends Islamist rule.” The opposition is planning a mass protest on Wednesday to mark the sixmonth anniversary of Belaid’s assassination. Amid rising pressure for the government to resign, security forces are trying to step up the fight against Islamist militants. A Salafist militant on Sunday fired on police who tried to stop his car as he drove near the southeastern town of Ben Guerden, near the Libyan border, state television reported. The channel said weapons were found inside the vehicle and the man was believed to be one of a large group of prisoners granted amnesty by a previous transition government in the days after Ben Ali was ousted. Prime Minister Ali Larayedh told journalists on Sunday a man suspected of ties to the Belaid assassination was captured by security forces. He called on militants to turn themselves in. “I call on the terrorists being hunted by security forces to turn themselves in. There is no future in terrorism,” he said, speaking outside the Interior Ministry, where he had been meeting officials. l

Tuesday, August 6, 2013

Zimbabwe opposition readies Mugabe challenge n AFP, Harare Zimbabwe’s defeated presidential candidate Morgan Tsvangirai on Monday prepared to mount a legal and political challenge against the “sham” election that looks set to extend Robert Mugabe’s 33-year rule. Tsvangirai’s allies have announced they will launch a constitutional court challenge against the results of Wednesday’s election, which handed Mugabe a thumping 61% of the vote. “Our lawyers are very busy at work. We will be lodging the presidential challenge before Friday,” Douglas Mwonzora, spokesman for Tsvangirai’s Movement for Democratic Change (MDC). The case could delay 89-year-old Mugabe’s inauguration for another five-year term. Once the complaint is lodged, the country’s top court has 14 days to reach a decision. Western nations, including former colonial ruler Britain, voiced serious doubts about the election while the regional SADC bloc said it was “free and peaceful” but stopped short of describing it as fair. But MDC insiders acknowledge that finding a smoking gun for electoral fraud and navigating the notoriously polarised court system with a fiendishly difficult. The ruling ZANU-PF has welcomed the prospect of a court challenge over the vote -- the first since bloody 2008 elections led to the formation of an uneasy power-sharing pact between Mugabe and Tsvangirai. “What they are doing is a good thing, it’s a wise road to take,” ZANU-PF spokesman Rugare Gumbo said, expressing confidence the challenge will fail. Constitutional law expert Lovemore Madhuku said that given the 6134% vote split against Tsvangirai, his chances “are non-existent, completely non-existent”. “It’s not a margin that normally gets challenged in court.” It is the third time that Tsvangirai, a 61-year-old former union leader, has tried and failed to unseat Mugabe. Mwonzora said the MDC is prepar-

ing a “dossier of all the rigging that took place and we will put it in the public domain to show the people how the election was stolen.” The MDC has called for post-election an emergency summit of the regional bloc Southern African Development Community (SADC) after the group gave the vote a thumbs-up, but deferred on calling the election “fair”. South African President Jacob Zuma on Sunday extended his “profound congratulations” to Mugabe on his re-election after a “successful” vote while his Namibian counterpart Hifikepunye Pohamba also welcomed the vote. “The people of Zimbabwe have once again demonstrated their trust and confidence in the Zanu-PF and your party leadership,” he wrote in a letter to Mugabe. The MDC’s Mwonzora -- who himself lost his seat -- expressed regret at the verdict of Zimbabwe’s neighbours. “We discovered that the SADC and the African Union equate absence of bloodshed in elections to free and fair elections, which is an incorrect way of looking at things.” The MDC had more support further afield, with the United States and European nations including Britain condemning the election, and Australia even calling for a re-run. Mugabe and his allies still face a number of Western sanctions. The Zimbabwe stock exchange plunged 11% on Monday, the first day of trading since the results were issued, with foreign-owned stocks registering steep losses. The MDC also took a hammering in the parliamentary vote, winning just 49 seats out of the 210 up for grabs -down more than half from its 2008 performance -- against 160 for Mugabe’s party. Analysts say if the MDC is to rebound politically in the face of its defeat, it needs to completely rebuild. “It needs a comprehensive introspection... just as ZANU-PF did when it was almost on its knees in 2008,” said University of Zimbabwe political analyst Eldred Masunungure. “That may entail leadership review especially at the top,” he said. l

HRW: Syrian missiles kill hundreds of civilians n AP, Beirut The Syrian military is firing ballistic missiles into populated areas where it is battling rebels, killing hundreds of civilians in recent months, Human Rights Watch said in a report Monday. The US-based group said it has investigated nine apparent missile attacks that killed at least 215 people, half of them children, between February and July. The most recent attack HRW investigated occurred in the northern province of Aleppo on July 26, killing at least 33 civilians including 17 children. HRW activists visited the sites of seven of the nine attacks and found no apparent military targets nearby, the group said. Ole Solvang, a senior researcher with HRW, said it’s impossible to distinguish between civilians and fighters when firing missiles with wide-ranging destructive effects into densely populated areas. “Even if there are fighters in the area, you cannot accurately target them and the impact in some of these cases has been devastating to local civilians,” Solvang said in a statement. The HRW called on President Bashar Assad to stop indiscriminate attacks. Government officials could not immediately be reached for comment. The military has repeatedly denied it

Britain extends closure of Yemen embassy by 2 days n Reuters, London Britain said on Monday that it was extending the closure of its embassy in Yemen by two days due to continuing security concerns. The decision came after the United States extended its closure of more than a dozen of its embassies in the Middle East and Africa. France and Germany also temporarily closed their embassies in Yemen. Britain had said on Friday that it would close its embassy in Yemen on August 4 and 5. “Due to continuing security concerns the British Embassy in Yemen will remain closed until the end of Eid,” a Foreign Office spokeswoman said on Monday. The embassy would reopen on Thursday, it said. l

A Free Syrian Army fighter provides cold water for residents to cool from the heat in Bustan El Kasr crossing, Karaj al Hajar in Aleppo REUTERS is targeting civilians during the 2-year conflict, saying its troops are fighting “terrorists” hiding in civilian areas. More than 100,000 people have been killed since the conflict started in March 2011 as largely peaceful protests against Assad’s rule. It turned into an armed uprising after opposition supporters took up arms to fight a brutal government crackdown on dissent. The Assad government claims it is not facing a popular revolt, but a conspiracy by Gulf Arab states and the West seeking to destroy Syria by sup-

plying Islamic extremists with weapons and funds. In his last public appearance late Sunday, Assad called on the Syrians to unite behind the army’s efforts to “defend their homeland.” “There is no solution with terrorism but to strike with an iron fist,” Assad was quoted as saying by state news agency SANA. “With this kind of battles that aim at the destruction of the cultural identity and the Syrian national fabric, we either win together as Syrians or lose together.” l

Former US ambassador to Syria considered for Egypt n Reuters, Washington Former US envoy to Syria Robert Ford is being considered as Washington’s next ambassador to Cairo, sources familiar with internal discussions said on Sunday as US and European mediators sought a peaceful resolution to Egypt’s crisis. Ford was described as a leading candidate for the post, according to two sources who spoke on condition of anonymity. The State Department declined to comment and Ford did not respond to emails. Ford, a fluent Arabic speaker, had antagonised Syria’s government with his high-profile support for demonstrators trying to end 41 years of rule by President Bashar al-Assad. He was withdrawn from Syria brief-

ly in October 2011 because of threats to his safety. He left Damascus for good four months later after the United States suspended embassy operations as the situation in Syria deteriorated. In May 2013, he briefly crossed into northern Syria to meet with opposition leaders, the highest-ranking US official to go into Syria since its war began. His likely appointment to Cairo would come at a vital time in relations between Egypt and United States. The United States has refused to label the ouster of President Mohammed Morsi by the military a coup. Ford would succeed Anne Patterson, who was nominated on Thursday by the White House as the next Assistant Secretary of State for Near Eastern Affairs at the State Department. l


DHAKA TRIBUNE

International

Blast on Pakistan train kills kid, wounds 13 n AFP, Lahore

From Indian PM a well-worn plea, and from lawmakers a familiar rejoinder

A bomb exploded on a passenger train in central Pakistan Monday, killing a kid and wounding 13 others, officials said, in what the railways minister called “an act of terrorism”. The device on the Shalimar Express from the eastern city of Lahore to Karachi went off as it passed through fields near the town of Toba Tek Singh in Punjab province. “It was an act of terrorism. The explosive was planted in the washroom of a bogie,” railways minister Saad Rafique told reporters in Lahore. “Fourteen people have been injured, condition of three of them are critical.” Mohammad Hussain, medical superintendent in main Toba Tek Singh said a child, aged two and a half years, had succumbed to his injuries in hospital.

TV footage showed the explosion had damaged the roof of the carriage but not forced the train off the rails, suggesting a relatively lowintensity blast Shehzad Asif, district police chief confirmed the death and said bomb disposal experts and police investigators were still on site and examining the “remnants and broken pieces of the explosive material”. TV footage showed the explosion had damaged the roof of the carriage but not forced the train off the rails, suggesting a relatively low-intensity blast. Farah Masood, a senior government official in Lahore, confirmed that a locally-made explosive device was used in the explosion and that 14 people had been injured. There was no immediate claim of responsibility for the blast. Pakistan is battling a homegrown Islamist insurgency and faces near-daily bombings and shootings in the troubled northwest, but attacks on the railway are relatively rare. A bomb near the waiting lounge for the luxury Lahore-Karachi Business Express train last year killed two people.l

n Reuters, New Delhi

A tractor tows residents through flood waters to a safe place on the outskirts of Karachi

A powerful bomb which was heard for kilometres killed six people Monday in a southern Philippine city where the United States and other governments earlier warned of a terror threat. The explosive device was placed on a vehicle -- either a motorcycle or a van -- parked on a busy road near a hospital during the afternoon rush hour, said city police chief Senior Superintendent Rolen Balquin.

The bomb went off as a bulletproof car carrying city administrator Cynthia Gulani-Sayadi was passing by Cotabato photographer Mark Navales described a blood-spattered road strewn with charred bodies and smouldering vehicle parts. “I saw three mangled human remains, one of them burnt,” he said. “I have never before seen the effects of such a powerful blast in Cotabato.” It was the second bombing to hit Mindanao island in 10 days. A powerful blast at a restaurant packed with doctors and pharmaceuti-

Flooding worst in Karachi, amid blasts and fear of militant attacks

n AP, Islamabad Heavy rains that caused flash floods and collapsed houses in different parts of Pakistan have killed 53 people over the past three days, an official said Monday. Civil and military authorities have launched rescue and relief efforts to deal with the crisis, said Brig Gen Kamran Zia, a senior member of the National Disaster Management Authority. He said the deaths from the flooding span the entire country. Twelve people were killed in the semiautonomous tribal region in the northwest, eight in neighbouring Khy-

cal salesmen left eight people dead in the city of Cagayan de Oro on July 26. It was not immediately clear whether the two bombings were linked. At least 26 others were wounded in Monday’s attack, although no group immediately claimed responsibility, Balquin said. Those killed were motorists passing along Sinsuat Street, the main highway in Cotabato that is lined by commercial establishments. Among the injured were police officers in a vehicle passing through the area, he said. The bomb went off as a bulletproof car carrying city administrator Cynthia Gulani-Sayadi was passing by. She escaped unhurt, but two bodyguards following her in a separate van were among the dead. The attack came a month after the United States, Australia and Canada warned its diplomatic staff against travelling to Cotabato and two other southern cities on Mindanao -- Zamboanga and Davao -- over fresh threats of terrorism. The nature of the threat was not specified but related to “terrorist and insurgent activities”, the US embassy had said. l

Four judges suspended in Shanghai sex probe n AFP, Shanghai Four judges in Shanghai have been suspended over allegations they patronised prostitutes, reports and officials said Monday in the latest salacious Chinese scandal to emerge from online accusations. An inquiry was opened after an anonymous blogger, identified by state media only by his surname Ni, posted footage online last week alleging that five officials hired prostitutes at a local resort. The Shanghai Higher People’s Court said on Tencent Weibo, a Twitter-like social media service, that Chen Xueming, the chief judge of its No 1 Civil Tribunal, and three other officials had been suspended. “The Shanghai Higher People’s

REUTERS

Death toll from heavy rains reaches 53 in Pakistan

Six dead, 26 hurt in Philippines bomb blast n AFP, Cotabato

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Tuesday, August 6, 2013

Court is highly concerned about the incident and has launched an investigation into the case,” it said. The court previously said Zhao Minghua, deputy chief judge of the tribunal, was among those named on Ni’s blog. Ni claimed Zhao intervened in a civil case in 2009 that caused him a huge financial loss, the state-run Global Times newspaper reported Monday. He spent a year following Zhao, it said, “and discovered that he frequently went to nightclubs, owned several properties and had extramarital affairs”. Surveillance video posted by Ni purported to show five officials including Chen and Zhao entering a luxury room after a three-hour banquet at the resort in June, followed by several women who stood by the door. l

Standing outside India’s parliament, Prime Minister Manmohan Singh appealed to opposition parties to allow the legislature to function without disruption so that it could pass key bills. His appeal, delivered in his usual quiet monotone, fell on deaf ears. Opposition lawmakers disrupted proceedings with demands for Singh to quit over corruption allegations. With parliament effectively stalled, the government gave up and adjourned the session, two days earlier than scheduled. Just two out of 38 bills had been passed. That was in May. On Monday, Singh again stood outside parliament to appeal to political parties in the world’s biggest democracy to cooperate with the government to ensure the monsoon session of parliament that started this week is “truly productive.” With dozens of important bills piling up and a national election possibly just months away, the session may be Singh’s last chance to drive through some long-pending economic reforms and get parliament’s seal of approval on its flagship programme to give cheap grain to 67% of the population. In New Delhi, there is much speculation that the government, now ruling as a minority after the withdrawal of key allies, could call early elections in November or December, although it insists that it plans to serve out its full term until next May. “We have wasted lot of time in the previous two or three sessions and I hope that will not be repeated in this session,” Singh said, speaking so softly that he was barely audible at times. “I appeal to the opposition to cooperate with the government in smooth running of the session.” But when the trouble came within minutes of his plea, it was from Singh’s own Congress party.

on Monday as they protested against their party’s decision last week to break up Andhra Pradesh into two states. Andhra is a major IT hub for multi-nationals such as Google and attracts much of India’s foreign direct investment. Singh does not have time to waste. The monsoon session is short - there are just 16 working days, even fewer if you don’t include the four days devoted to private members’ bills. The government has proposed a formidable legislative agenda - 43 bills and ordinances including one measure to allow up to 49% foreign investment in the pension sector and another aimed at simplifying the process of buying land for business purposes. The most important measure is the food security ordinance, which will lapse if not passed this session. The $22bn cheap food plan is a central plank of the Congress party’s election platform as it seeks a third straight term in government. The plan aims to give 5kg of cheap rice and wheat every month to 800 million people, more than doubling the reach of the existing subsidised food system. The plan is due to be discussed in parliament on Wednesday, after a planned vote on Tuesday on the Companies Bill, which aims to strengthen corporate governance and ease the process of mergers and acquisitions. “The intention of the UPA (United Progressive Alliance coalition) is to use the monsoon session to push as many bills as possible in an attempt to wipe out four years of misrule and lack of governance,” Arun Jaitley, a leader of the main opposition party, the Bharatiya Janata Party (BJP), told the India Today weekly. Frequently paralysed by verbal brawls between lawmakers, India’s parliament is doing less and less work. The 2009-2012 parliamentary session was the least productive in nearly three decades, according to the think tank PRS legislative research. In 2012 alone, the parliament passed just 22 of the 94 bills listed for consideration and passing. l

ber Pakhtunkhwa province, and three in the Pakistan-held part of the disputed Kashmir region. Twelve people also died in central Punjab province, 10 in southwestern Baluchistan, and eight in southern Sindh. Flooding was especially bad in Pakistan’s largest city, Karachi, because of the southern city’s faulty drainage system, Zia said. The same storm system hit Afghanistan, killing at least 58 people. Pakistan regularly suffers from flooding during the monsoon season, which usually runs through July and August. The country suffered the worst floods in its 66-year history in 2010,

when floodwaters inundated one-fifth of the country, killing over 1,700 people. More than 20 million people were affected at the time. Also Monday, a bomb exploded on a passenger train in central Punjab province, wounding 14 people, three of them seriously, said provincial law minister Rana Sanaullah. The bomb was hidden in a washroom on the train, which was headed to Karachi, said Sanaullah. Meanwhile, security forces were on high alert in Pakistan’s capital, Islamabad, because of intelligence indicating militants may stage attacks in the city, said Interior Ministry spokesman Omar Hamid Khan. l

Bombs damage two shrines in Egypt’s Sinai n Reuters, Egypt

WikiLeaks sentence hearing turns to damage done by Bradley Manning

Two Islamic shrines were damaged by bomb attacks in Egypt’s Sinai Peninsula on Sunday, the state news agency said, in a region where Islamist militants have stepped up attacks against the state since the army deposed President Mohamed Morsi. One of the shrines targeted was near the North Sinai town of Bir el-Abd, and the other was in the area of el-Maghara farther south. Both were badly damaged. Often dedicated to saints or descendants of the Prophet Mohammad, such shrines are forbidden according to the puritanical Islamic vision of the militants operating in the area. Militants mostly based in North Sinai have escalated attacks on security forces and other targets since July 3, when the army deposed Morsi of the Muslim Brotherhood and installed a new government in response to mass protests against his rule. The militants have struck on an almost daily basis and killed around three dozen people, according to medical officials. Many of those killed were members of the security forces. l

A US State Department official is set to testify on Monday about how much convicted soldier Bradley Manning’s leaks of classified diplomatic cables to the WikiLeaks website hurt ties between Washington and its allies as well as global intelligence-sharing methods. Judge Colonel Denise Lind on July 30 found Army Private First Class Bradley Manning, 25, guilty of 19 criminal counts related to the leaks, the largest unauthorized release of secret US data in the nation’s history. Manning was found not guilty of aiding the enemy, the most serious charge he faced, but the crimes still carry penalties that could lead to up to 136 years in prison. The sentencing phase, which began last week, was set to resume on Monday and is expected to last at least until August 9, military officials said. Military prosecutors are expected to call Patrick Kennedy, a veteran State Department official who was part of an “Information Review Task Force” set up in the wake of the leak, to assess damage to US-foreign relations or any other fallout.

Big legislative agenda Congress lawmakers forced the lower house of parliament to adjourn many times

n Reuters, Washington

Bradley Manning (C) departs the courthouse at Fort Meade, Maryland “The post-WikiLeaks environment reminds us that technology is a tool to execute solutions but is not in itself the answer,” Kennedy, the Under Secretary for Management, told the US Senate Committee on Homeland Security and Governmental Affairs in March 2011. “Simply put, we must more consistently sort out what we share before determining how we share it,” Kennedy

REUTERS

said, adding that national security officials must do a better job confining intelligence that could threaten security. Also on Monday, Lind said she would rule or issue guidance on the defence motion to exclude testimony that uses “chain of events” reasoning to suggest future potential damage done by Manning, rather than specific harm he has directly caused. l

Turkey court sentences ex-army chief to life in coup trial n AFP, Silivri A Turkish court on Monday sentenced a former army chief and other top brass to life in prison in a high-profile trial of 275 people accused of plotting to overthrow the Islamic-rooted government. Police fired tear gas at protesters outside the court in a town near Istanbul as the verdicts were being delivered in the highly-divisive case. Ex-military chief Ilker Basbug, along with several other army officers, was sentenced to life in prison, while 21 people were acquitted, according to the verdicts issued so far. The trial has been seen as a key test in Prime Minister Recep Tayyip Erdogan’s showdown with secularist and military opponents during his decade-long rule. The defendants were on trial on dozens of charges, ranging from mem-

bership of an underground “terrorist organisation” dubbed Ergenekon to arson, illegal weapons possession, and instigating an armed uprising against Erdogan and his Justice and Development Party (AKP), which came to power in 2002.

The verdicts come after Turkey was rocked in June by mass protests that presented Erdogan’s government with its biggest public challenge since it came to power in 2002 Tensions were high outside the high-security tribunal in the town of Silivri, near Istanbul, and hundreds of riot police fired tear gas to disperse some 1,000 protesters who had evaded a police barricade and attempted to march on the courthouse.

Istanbul governor Huseyin Avni Mutlu had on Friday said that demonstrations outside the court would not be allowed. Amid a heavy security presence, only the suspects, lawyers, journalists and members of parliament were allowed to enter the building for the hearing. “This trial is purely political,” Mustafa Balbay, one of the defendants, told an audience of MPs and journalists inside the courtroom. “Today it’s the government which is convicted, not us.” Basbug, 70, led Turkey’s military campaign against the rebel Kurdistan Workers’ Party (PKK) for many years, only to find himself accused in his retirement of having led a terrorist group himself. The verdicts come after Turkey was rocked in June by mass protests that presented Erdogan’s government with

its biggest public challenge since it came to power in 2002. Police had earlier chased away a few dozen demonstrators waving Turkish flags and chanting “How happy is the one who calls himself a Turk,” referring to a saying by modern Turkey’s founder Mustafa Kemal Ataturk. “I came here so that those people who have been behind bars for five years with no real proof against them are not left alone,” said Dogan Muldur, a retired Turkish Airlines pilot. The 2,455-page indictment accuses members of Ergenekon -- an alleged shadowy network of ultranationalists trying to siege control in Turkey -- of a string of attacks and political violence over several decades to stir up unrest. Turkey’s secular opposition has denounced the lengthy trial, which began in 2008, as a witch hunt aimed at silencing government critics. l


10 DHAKA TRIBUNE

Editorial

Letters to

www.dhakatribune.com

Contemplating SEZs for the RMG sector

the Editor facebook.com/DhakaTribune

LETTER OF THE DAY

Foot over-bridge? August 1

T

he effort to relocate 1,200 active garment factories to improve working conditions is a step in the right direction for the BGMEA. We applaud the fact that the BGMEA-Jica endeavour has no public sector participation between the parties. We firmly believe that an aware and responsible private sector can pioneer prosperity without the need for extensive babysitting by the government. This should lay down the marker for future private sector initiatives. That is not to say that the government should let its guard down – it must Now might be perform its duty, remain the right time vigilant and protect public to contemplate interest. a wholesale That being said, special relocation of the economic zones that are entire industry, specifically built to faciliand to set up one tate the garments industry or more SEZ to have the potential to further improve the efficiency service it of the sector. For instance, this would also mean that the industry could have centralised waste management systems, resulting in the reduction of environmental pollution. Ensuring a proper work environment for the labourers will also be easier through common facilities. If the industry is prepared to relocate one-third of existing factories, now might be the right time to contemplate a wholesale relocation of the entire industry, and to set up one or more SEZ to service it. Rana Plaza, Tazreen and Spectrum have been harsh lessons for our nation. The time to show that we have learned and make sure that we do not repeat the mistakes is now. All parties concerned need to put their collective feet forward in the betterment of Bangladesh’s largest export earner.

The root of the problem

This refers to a back page photograph, published in a local English daily on July 30. Part of the text below the photograph stated as follows: “though a foot over-bridge is still there.” I have come across the word “foot over bridge” a number of times in our English dailies and it made me curious. Sometimes, it was written as “foot over bridge” or “foot over-bridge.” I therefore looked it up in the Cambridge Advanced Learner’s Dictionary (third edition). I could not find either “over-bridge” or “foot over-bridge” anywhere, including the CD-ROM that is supplied with it. The only word I found was “footbridge.” The meaning of the word was given as follows: A narrow bridge that is only used by people who are walking. Since I could not find the compound word “foot over-bridge,” I would be grateful if you or some reader could give me the source where to find this word, and also how it came to be used, since my knowledge of English is very limited, having read only up to ISc in 1950, when we had only one paper in English with four compulsory subjects in science. Subsequently, I graduated in Engineering in 1854, where English was the only language used. In my opinion, perhaps the pertinent clause you wrote could have been as follows: “Though a footbridge is still there.” I hope you will agree with me that this would have been appropriate. Engr SA Mansoor Dhaka

dhakatribune.com

Keeping heartburn at bay

CROSSWORD

Wonderful thing to do. Mia Dodson

Need a laugh? Tasaffy Hossain

Red and Greens edge past Thai youths

Felani murder trial to begin on Aug 13

August 3 Best of luck, heroes.

August 2 Zishan Ahmed

The article we asked for got in time. Thnx. Dmitri

Mark my words, a dangerous chapter in the sociopolitical book of Bangladesh has been opened. It will revive Jamaat-e-Islami in the long term as Ikhwan ul Muslemeen of Egypt and pave the way for a South Asian spring. wanderer

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

Ali Azger Nayan The kind of acts they’ve carried out show that they’re nothing more than animals. Human beings can’t stoop this low. Let’s see what they have to say about the parents!! Naushad Hossen Abir Let’s hope for justice! Malcolm Arnold I mean, they did not even have the decency to get her body down!

CALVIN AND HOBBES

PEANUTS

CODE-CRACKER DOWN 1 Stifled laugh (6) 2 Of the ear (4) 3 Swift (5) 4 In favour of (3) 5 Astound (5) 6 Obscure (3) 7 Greek letter (3) 11 Strong fabric (5) 13 Private teacher (5) 16 Dissolved (6) 18 Young eel (5) 20 Danger (5) 22 African river (4) 23 Argue (3) 24 Eggs (3) 25 Conclude (3)

Very good initiative. Congrats all & best wishes. Msu Robin

Serves her right. No sympathy for idiots like her. Sush

August 3

August 2

A

August 2

August 3

August 1 BMET: Shame on your department. Don’t even know how to fill-up simple format off application forms to send to Malaysia for verification. Better give the task to BAIRA to take over this recruitment to send workers to Malaysia. Sasi

‘Project Eider Hasi’ for street children

Australian tricked into buying apples she thought were iPhones

Data mismatch slows migration of Malaysia-bound jobseekers

Let the voters decide

schoolteacher from Kushtia was arrested last Saturday on charges of sexually abusing his female students and releasing the videos of the acts on the web. While we hope that he will be punished duly for his crimes, it is also time that we dealt with the deep dysfunctions in our society regarding sex and the role of women that give rise to these types of incidents in the first place. More than 150 young girls were preyed upon by the accused. He was helped by some officials of the Local Government Engineering Department to run his pornography business. While we hope that It’s easy to be outhe will be punished raged by the disgusting, duly for his crimes, predatory behaviour of it is also time we the teacher who took addealt with the deep vantage of his position of dysfunctions in our authority to molest young society regarding girls in an educational insex and the role of stitution. However, abuse women that give of young girls by authorrise to these types ity figures is hardly an of incidents in the anomaly in our society. first place Victims of sexual abuse rarely speak out because the stigma attached to these incidents affects the victim far more than the perpetrator. Predatory men count on such twisted social norms to shelter them from discovery and punishment. Overall, as a society we also have a particularly uncomfortable and negative attitude towards sex, which often manifests itself in perverse ways and results in the victimisation and debasement of women. Punishment of individual perpetrators is necessary, but hardly sufficient. We should recognise that our unhealthy attitude towards sex is a serious societal problem and address its root causes.

ACROSS 1 Thunder god (4) 4 Lose colour (4) 8 Make brown (3) 9 Leave out (4) 10 Journey (4) 11 Play (5) 12 Quote (4) 14 Mouse-coloured (3) 15 Tree (3) 17 Small deer (3) 19 Gratuity (3) 21 Augury (4) 23 Wanderer (5) 26 Fissure (4) 27 Baking chamber (4) 28 No score (3) 29 Hospital room (4) 30 Heavy substance (4)

Tuesday, August 6, 2013

YESTERDAY’S SOLUTIONS Crossword

Sudoku

3 4 5 1 6 7 8 2 9

8 7 2 4 5 9 1 3 6

1 9 6 2 3 8 4 7 5

6 2 7 5 8 4 3 9 1

9 1 4 3 7 2 5 6 8

5 3 8 6 9 1 7 4 2

2 8 1 9 4 3 6 5 7

4 5 9 7 1 6 2 8 3

7 6 3 8 2 5 9 1 4


DHAKA TRIBUNE

Op-Ed

11

Tuesday, August 6, 2013

Israelis bristle at idea a deal could be a panacea n Crispian Balmer

T

Aerial view of the SM Hall, Dhaka University. Once the Oxford of the East, this age old institution is often not up to global standard, in the view of many English medium students

Time to burst the bubble

SYED ZAKIR HOSSAIN

The gap between Bangla and English medium needs to be bridged

L

n Shafin Fattah ess than 1% of the student population attend English medium (EM) schools. These schools, located mostly in the affluent neighbourhoods of Dhaka and Chittagong, promise quality foreign curricula to students and parents. As such, they are increasingly becoming the destinations of children from well-to-do families. Many of these schools have become prestigious brands which the tiny upper class clamour for. Having grown up in an upper middle-class family myself, I had the privilege of attending two such EM schools and I am about to share with you some harsh truths from personal experience. Life in an EM school is like growing up in a bubble. The students mostly interact with others of a similar upbringing who are increasingly becoming aware of their elite status in society. The foreign curricula they follow barely talks about the country, its culture or heritage. Perhaps, one may think that he can get glimpses of the outside world by participating in extra-curricular activities. This hardly helps as the students mostly come across others from very similar backgrounds in debate competitions, football tournaments etc. By the time one graduates from the system, he looks around and sees many who take pride in speaking proper “English” whilst silently ignoring the fact that they struggle to read and write well in their mother tongue. Moreover, the students become increasingly aware of the fact that they have an immense communication gap with 99% of the student population. They struggle to relate to the other segments so much so that they falsely perceive an imaginary class difference. They assume a false air of superiority as the effects of growing up in the EM

bubble kick in. An average EM student coming out of the bubble starts underestimating his National Curriculum (NC) compatriots. He reasons that he has a world class education, unlike them. Nothing could be further from the truth. There is a difference between “world recognised” and “world-class.” The NC is a very strong curriculum that equips students with in-depth science and mathematics knowledge. Moreover, it gives the students a better understanding of Bangladesh. Some from the EM learn this truth the hard way while preparing for entrance examinations in top public universities (PUs) like BUET, Dhaka University and public medical colleges.

them about the history, culture and socioeconomic conditions of Bangladesh, unless they make an individual attempt to do so. They learn about European and American history but not about the language movement of 1952, mass uprising of 1969 or the Liberation War of 1971. They learn about the European Union, Euro Zone and National Health Service of the UK, but not about the state of the Bangladeshi health and economic system. The relentless focus on the “worldclass” curricula of EM schools, and the lack of scope to learn about Bangladesh further exacerbate the problem. Thus, the EM bubble inevitably makes many incapable of appreciating the country and its culture and heritage.

This growing gap may extend into the public and the private sector However, very few coming out of the EM bubble try out for PUs. Their underestimation of the NC often extends to PU education in Bangladesh too. Many, typically from the upper class, reason that an education from any foreign university is better than one from a Bangladeshi university as the former is always higher ranked. Yet again, they make a mistake as they fail to appreciate the quality of education in PUs. There is also a segment of EM students who feel discouraged from enrolling in PUs as they sense that the entire system is unfriendly to EM students. Either way, the gap between an average EM and NC student extends to and beyond tertiary education. As stated before, an average EM student tends to feel disengaged from the affairs of the country. The curricula followed hardly ever teaches

This also partly explains the brain drain from the EM bubble, as many feel disenchanted from the country and its affairs as they hardly see an opportunity to contribute to the country. Many struggle to understand the mindset of an average Bangladeshi. There are obviously several other negative effects of the EM bubble, but I will now divert my attention to an interesting question - why am I talking about this EM bubble when it accounts for such a tiny portion of the student body? Here is the answer: The concentration of EM school graduates among the top 0.5% of the population is rapidly increasing. The segment holds a significant proportion of the national wealth and owns most major private sector businesses. Over time, students from the EM bubble will become owners of these businesses and have a strong hold on

the private sector. With very few from this bubble going to PUs and in turn to civil services, they will have little representation in the civil service and other segments of the public sector. Thus, this growing gap between EM students and their compatriots in the NC may extend to a growing gap between the public and the private sector, and may undermine the stability of the country in the long run. Moreover, the nation might feel uneasy with the idea of seeing the disengaged EM students controlling the big businesses, as the future of the country is inevitably tied to private sector growth. The time has come for us to take initiatives to burst the EM bubble and bridge the growing gap. The EM schools themselves hold the key as they can take the first steps to make their students more engaged with the country and their National Board compatriots. They could start by including classes on national history, culture, heritage and socioeconomic conditions in their curricula whilst actively organising competitions and programs that include students from both backgrounds. The government should also adopt policies to bridge this growing gap by increasing representation of EM students in PUs and civil administration. To conclude, I would like to reiterate that this is not an attack on EM students as I am a part of that system. I would also like to state that there is a growing number of students like me who are trying to come out of that bubble by taking personal initiatives to learn, think and care more about the country and actively engage with people from different backgrounds and walks of life. However, their number is growing at a slow pace. l Shafin Fattah, an economics student in Princeton University, is a DT columnist.

Political imbroglio and our lack of understanding n Muhammad Eusha

A

wise man once rightly said: “If you do not know why, you cannot know how.” In this small sentence, he summarised in a clever manner that in trying to accomplish anything, if we are unaware of the objective of the task, we cannot be expected to do it properly. This phenomenon is very common and there are innumerable examples around us. Students fail to learn lessons properly because they cannot grasp the goal of learning itself; gluttons satiate themselves beyond their need because they do not understand the purpose of eating and many of us lead meaningless lives because we do not know why we are even living! Our inability to be aware of the objective limits our capacity to formulate the correct approach, or even to detect the inefficiency and flaws of existing ones. Politics in Bangladesh seems to suffer from a very similar disease, as many a discerning mind has diagnosed. Believe it or not, politics itself is ideally supposed to be a struggle by the righteous and philanthropic among us, who seek the opportunity to serve their people. Differences in opinion

may occur but only in terms of how the intended service can best be provided. Party A may argue that Policy 1 is the best approach while Party B can show their confidence in Policy 2. However, both the policies should really have the same objective to serve the people and this basic requirement can in no way be neglected. In short, politics is expected to be a healthy competition of opinions and it should exist only to ensure that the best approach is found, chosen and established in practice.

So when a politician is caught red handed engaged in an act of corruption, surprise is an uncommon reaction. Such is the ease with which we have evolved to cohabit with the unscrupulous without much discomfort; a sad but relevant example of adaptation which tallies with Darwin’s theory of evolution. The people in general have little expectation from their leaders who are mostly devoid of the qualities which should be expected to be present in a sound politician.

In today’s Bangladesh, politics is often about egoism, narcissism, depravity and harassment of rivals Not only in Bangladesh but internationally, politics has deplorably lost its purpose. In point of fact, politics today looks so distorted and so unlike its ideal picture that one wonders if anybody even remembers the purpose of its existence in human society? In today’s Bangladesh, politics is often about egoism, narcissism, depravity and harassment of rivals. The original sacred and selfless concept behind politics, seems to have been erased from the memories and conscience of people entirely.

As has been indicated in the beginning of this humble piece, the true reason behind the present political instability is that we are failing miserably to conceive the importance of understanding the purpose of politics itself. If we can manage to assimilate the idea of the goal of politics, surely we would then be able to deduce the correct approaches which will lead us to our objective. However, immature people without knowledge are always going to pick leaders who can at best be as

good as they are themselves! Consider the magnitude of danger faced by a nation when it picks leaders who seem to little understand the true purpose of politics. A leader’s goal in taking part in political affairs should only be to obtain the chance to contribute to serving the people, helping the distressed and feeding the hungry. If contrasting motivations creep in, the result is the slow poisoning and consequent death of righteousness. Too often this end is manifested by the treating of politics by politicians and the people as only a way of gaining wealth and power, and of maltreating political foes. Only through a massive change in our attitudes, can a transformation be realised. We must learn to think critically and eliminate absurdities that are present in our conceptions, expectations and understanding. Instead of being servile sycophants to leaders with questionable deed and records, we should voice our opinions and demand a thorough cleansing of the domain of politics to expurgate the filth of corruption and related ailments. l Muhammad Eusha is a DT columnist.

he Israeli-Palestinian conflict, which once transfixed the Arab world, has lost much of its resonance in a Middle East driven by religious strife, political upheaval and economic woes. News that the two sides had resumed peace talks last week after a three-year halt was largely overshadowed by turmoil in Egypt and the Syrian civil war, which has set Sunni and Shi’ite Muslims against one another. US officials still hope that resolving the decades-old confrontation will help to unlock the region’s wider problems, but analysts say it no longer lies at the strategic heart of a troubled Middle East. “That was probably the case before the Arab uprisings, but a number of other struggles have now joined it, such as the Sunni-Shiite struggle and an intra-Sunni conflict,” said Salman Shaikh, director of the Brookings Doha Center think tank. “The issue is a sideshow now, but it might take centre-stage again if there was genuine progress,” he said.

youths at about 25%, again the worst regional level in the world. The survey criticised rigid labour laws, overbearing central government and a lack of economic competitiveness, factors in the frustrations that drove the Arab uprisings. In a 2011 newspaper interview, President Bashar al-Assad said Syria was immune to unrest partly because he had united it in common cause against Israel. It was a hollow claim; just weeks later, violence erupted among Syrians that still rages. Assad’s Lebanese Shiite ally, the militant group Hezbollah, is now fighting by his side against the Sunni rebels, wrecking the respect it had won in Sunni circles for its uncompromising confrontation with Israel over more than two decades. Aware of its battered reputation and the fact that the Arab world is not focused on Israel, Hezbollah leader Sayyed Hassan Nasrallah wrapped himself in the cloak of Palestinian resistance on Friday, issuing a rallying cry for fellow Muslims.

More than anything else, a peace deal would help protect Israel’s diplomatic ties with Egypt and Jordan Much has changed in the Middle East since the last talks broke down in 2010. Autocratic leaders in Tunisia, Egypt, Libya and Yemen have been ousted, Islamist radicalism has spread and sectarian warfare between Sunni and Shi’ite Muslims has surged. More than 100,000 people have died in the Syrian conflict and violence has flared again in Iraq, with over 1,000 killed there in July alone, many at the hands of al Qaeda. Tensions over Iran’s disputed nuclear programme have also risen, while a struggle for power between Islamists and the military is playing out on the streets of predominantly Sunni Egypt. Arguably, none of these crises will come any closer to being settled should, by some miracle, Israel and the Palestinians finally agree to divide the land where they live.

Linkage

Few people could deny that a resolution of the conflict is long overdue. However, US Secretary of State John Kerry’s devotion of so much energy to the issue, which has been drained of much violence in recent years, has raised some eyebrows given the fires raging elsewhere. To explain American thinking, you only need listen to retired general James Mattis, head of the US military’s Central Command until March. Addressing a security forum in Colorado on July 20, he said US interests were being damaged because of the failure to establish an independent Palestine. “I paid a military security price every day as the commander of Centcom because the Americans were seen as biased in support of Israel,” he said, suggesting that this was holding back moderate Arabs from endorsing US policymaking. Dore Gold, president of the Jerusalem Centre for Public Affairs, bristles at such a link. Gold, who used to be a member of Prime Minister Benjamin Netanyahu’s policy making circle, argues that Arab rhetoric on the issue belies the reality. “It is ironic that a Western officer would speak about Israel being a source of political difficulty when, under the table, Arab states are seeking closer ties with Israel because of the shared threat coming from Iran,” he said. Despite Iranian denials, Western experts think Shiite Iran is trying to develop nuclear weapons. This alarms many Sunni Arab leaders as much as the Israelis. A review of thousands of classified US documents posted on the WikiLeaks website suggests that in private, Sunni officials were indeed more interested in discussing Iran and other topics.

Frustrations

In public, Muslim leaders have traditionally railed against Israel, happy to fan ordinary Arabs’ sincere anger about the plight of the Palestinians and perhaps deflect criticism of their own failure to make badly needed reforms. Arab leaders can no longer get away with this. The uprisings of the last 2-1/2 years have shown that domestic problems cannot be swept under the carpet. According to an International Monetary Fund report from 2012, unemployment in the Middle East and north Africa was the highest in the world. It put the jobless rate amongst

“The elimination of Israel is not only a Palestinian interest. It is the interest of the entire Muslim world and the entire Arab world,” he said in a rare appearance in Beirut. Such thinking suggests that even if the Palestinian leadership does get its wish to create a state on land seized in the 1967 war, this will not satisfy diehard militants who reject Israel’s very right to exist.

Conspiracies

A deal would also not end all anti-Western sentiment in the region. True, it would empty one important reservoir of poison from the relationship, but suspicions of US and European dealings go much deeper than simply their close ties to Israel. This was laid bare by a 2011 survey conducted in Muslim nations by PewResearch, which showed that a median of 53% thought that US and Western policies were one of the top two reasons why Islamic nations were not wealthier. Likewise, the median saying Westerners were selfish, violent, immoral and arrogant exceeded 50%, while there was no Muslim nation in which even 30% could accept that Arabs conducted the 9/11 attacks on US cities in 2001. “The notion of conspiracy is deeply entrenched in the Middle East and we are a central piece of it,” said Aaron David Miller, a former US State Department adviser on the peace process, now at the Woodrow Wilson Center in Washington. “Nothing in the Middle East that happens that is bad goes unattributed, and a lot of it is placed on us.”

The uprisings of the last 2-1/2 years have shown that domestic problems cannot be swept under the carpet.

While scoffing at the idea that a peace deal could be a panacea for the region’s ills, Miller said it would help to protect Israel’s diplomatic ties with Egypt and Jordan, where popular anger at the treatment of the Palestinians is deep. Underlining the importance Washington puts in Jordan’s stability, Kerry announced the resumption of the peace talks in its capital, Amman. Egypt, however, has much more to worry about now than the predicament of the Palestinians. Last year crowds in Cairo’s Tahrir Square, celebrating the election of the Islamist Mohamed Mursi as president, chanted: “In millions we shall march to Jerusalem”. Today, the square is filled with supporters of the army which ousted Mursi last month. These Egyptians are preoccupied with their own problems. “Of course a peace agreement would be a blessing from Allah to us and all Arabs, but first we must rid ourselves of the dictators and tyrants who steal from us and bend to the West,” said Faris Ismael, the owner of a bakery in downtown Cairo. l This article was first published by Reuters.


12

DHAKA TRIBUNE

Entertainment

Tuesday, August 6, 2013

Star Cineplex showcases 4 films this Eid n Entertainment Desk This Eid, Star Cineplex is bringing four films for the movie lovers who will stay in Dhaka. To respond accordingly to the audience demand, the multiplex cinema hall is introducing the online purchase of tickets. Star Cineplex has “Fast and Furious 6,” which holds a great deal of audience appeal. The popular street racing movie is a thriller starring Dwayne Johnson aka “The Rock,” Michelle Rodriguez, Paul Walker, Vin Diesel, Jordana Brewster and many more. When Dom (Diesel) and Brian’s (Walker) Rio heist toppled a kingpin’s empire and left their crew with $100 million, our heroes have scattered across the globe. But their inabilities to return home and living forever on the lam have left their lives incomplete. Meanwhile, Hobbs (Johnson) has been tracking an organization of lethally skilled mercenary drivers across 12 countries, whose mastermind (Evans) is aided by a ruthless second-in-com-

A scene from ‘Nisshartho Bhalobasha’ mand revealed to be the love Dom thought was dead, Letty (Rodriguez). The only way to stop the criminal outfit is to outmatch them at street level, so Hobbs asks Dom to assemble his elite team in London. Payment? Full pardons for all of them so they can return home and make their families whole again. The adventurous car racing film, released this May. The show time of the movie is at 4:15pm and 7:30pm.

A scene from ‘Fast and Furious 6’ “The Wolverine 3D,” starring Hugh Jackman is the sixth installment of the “X-Men” series. The film has been released this July. The story is about modern day Japan, Wolverine is out of his depth in an unknown world as he faces his ultimate nemesis in a life-ordeath battle that will leave him forever changed. Vulnerable for the first time and pushed to his physical and emotional limits, he confronts not only

lethal samurai steel but also his inner struggle against his own immortality, and emerging more powerful than we have ever seen him before. The show time of the film is 2pm, 4:45pm and 7:15pm on Eid Day. Brad Pitt’s new movie “World War Z” is also being screened. The war is not with humans, it is against with the zombies. The movie has released this June. An apocalyptic  horror film  directed

by Marc Forster and screenplay by Matthew Michael Carnahan is based on the 2006  novel of the same name  by  Max Brooks.   Brad Pitt  plays Gerry Lane, a former United Nations investigator and his family seems content with him. Suddenly, the world is plagued by a mysterious infection turning whole human populations into rampaging mindless zombies. After barely escaping the chaos, Lane is persuaded to go on a mission to investigate this disease. What follows is a perilous trek around the world where Lane must brave horrific dangers and long odds to find answers before human civilization falls. The movie will be screened at 1:45pm, 4:30pm and 7pm on Eid day. The much awaited movie “Nisshartho Bhalobasha,” another high profile film by Monsoon Films, will be screened as the only Bangla movie of Star Cineplex’s Eid special arrangement. Starring Ananta-Barsha, the popular pair, who is back on screen after the rumour of their divorce. The show time is 1:30pm, 4:15pm and 7pm on Eid day. l

ON TV MOVIES 2:10pm Fox Movies Premium

Rise Of The Planet Of The Apes

3:55pm Fox Movies Premium Ice Age: The Meltdown

5:25pm WB The Rock

6:25pm Zee Studio Ed Wood

7:30pm Star Movies Kung Fu Hustle

7:42pm WB

The Ant Bully

8:20pm Zee Studio

The Lincoln Lawyer

9:30pm HBO

The Matrix Revolutions

11:30pm Star Movies National Treasure 2

12:12am HBO

The Hangover Part 2

TALKSHOW 7:30am SA TV

Drama series ‘Kalantor’ airs on ATN Bangla tonight

n Entertainment Desk Family and social drama series “Kalantor” airs on ATN tonight at 9:20pm. The play is written by Pantha Shahriar and directed by Shaimo Nazrul and seasoned actor Abul Hayat plays a leading role in the play. Other actors of the show include Dolly Johur, Shahiduzzaman Selim, Tarin, Intekhab Dinar, Sweety, Bijori, Shatabdi Wadud and many more.

Mr Haider is an influential and well off retired businessman, his family consists of three sons, wife, a daughter and a grand-daughter. His business is currently run by his daughter Punam. Sesond son, Rahat works in a different organisation. His youngest son Ratul is a vagabond who thinks that it is not possible for him to do soething worthwile in life. He is chasing a girl named Pala now a days. Haider’s eldest son and his wife died in a tragic car crash 15 years ago, at that time, his grand daughter Babli miraculously survives the tragedy. The story of the drama stars with the death of his son fifteen years ago. The entire family blames Mr Haider for the heartrending death of his son. It seems that the once happy family suffers dearly after their loss and somehow the contentment has fled their home eversince. l

‘Krrish 3’ trailer launched amid fanfare n

Entertainment Desk

The trailer of one of the most talked about films of 2013, “Krrish 3” has been launched today amid fanfare. Directed by Rakesh Roshan, this superhero flick stars Hrithik Roshan and Priyanka Chopra. This movie will see Vivek Oberoi playing the role of a villain and Kangana Ranaut playing a mutant. Rakesh Roshan was very excited

Shokaler Diary

9:00am Independent Tv Ajker Bangladesh

9:10am Channel 24 Mukto Baak

10:30am ATN Bangla Onno Dristi

11:10am Channel 24 Proshongo Rajniti

2:40pm ATN News Amader Kotha

8:30pm ATN News Ekdin Protidin Bappa Mazumder will present Tagore songs in a special show Special play ‘Monihara’ based on Tagore’s story will be aired on ETV marking Rabindranath Tagore’s 72nd death anniversary today on tonight at 10:10pm. Directed by Anjan Aich, the play is starred by Channel-i at 11:30pm. The programme is titled ‘Tumi Robey Nirobe’ Mou and Maznun Mizan

Kajol to make a comeback by year end

10:10pm Somoy TV Shompadokio

COMEDY 9:30am FX

The Simpsons

11:30am Colors

Mrs Pammi Pyarelal

n Entertainment Desk

1:30pm Comedy Central

Bollywood actress Kajol, who celebrates her 39th birthday today, is enjoying her motherhood. After delivering some major blockbuster hits like “Baazigar,” “Dilwale Dulhaniya Le Jayenge” and “Kuch Kuch Hota Hai,” Kajol went on a time off to enjoy her motherhood. She was last seen in a cameo in “Student of the Year”(2012). Though she loves cutting cakes, this year Kajol is planning to enjoy a quiet get-together with her family. While she gets showered by expensive gifts from her near and dear ones, it is her mother’s gifts that are closest to her heart. “When I was 13 0r 14, my mother used to gift me books that I were dying to read. Those are my most memorable birthday gifts,” Kajol told media during an interview. Though she does not have any concrete plans for her career, Kajol may start shooting for her next movie by the end of this year. Do you think Kajol will be able to deliver hits after her sabbatical? l

Up All Night

3:30pm Sony SAB FIR

5:30pm Z Cafe

Just For Laughs

7:30pm Comedy Central Anger Management

8:30pm Star World

How I Met Your Mother

10:00pm FX

8 Simple Rules

DRAMA 2:30pm Star Plus

to launch the trailer of the film as he believes the first look decides the fate of the film. Many special effects have been used in the film, and filmmakers have made sure to keep the first look a secret until now. While Hrithik will be seen playing triple roles including Rohit (Krrish’s father), Krishna (alter ego of Krrish) and Krrish (the superhero) in the movie, Priyanka too will see in two different avatars. l

Meri Bhabi

4:00pm Zee Tv Pavitra Rishta

8:30pm Colors Balika Vadhu

8:45pm NTV

Ogothon Gothon Potioshi

9:30pm Sony

Amita Ka Amit

9:30pm Zee Tv Pavitra Rishta

10:00pm Star World

‘The Wolverine’ shot down by ‘2 Guns’ at the box office

Top Ten Movies at Box Office for August 2-4:

Yeh Rishta Kya Kehlata Hain

10:05pm NTV Mayanigam

10:30pm Star World One Tree Hill “2 Guns” - $27.4 million

“The Wolverine” - $21.7 million

11:00pm Zee Café Greys Anatomy

NEWS 10:00am Diganta

Diganta Shongbad

2:00pm Desh Tv “The Smurfs 2” - $18.2 million

Shongbad Shomoi

6:45pm RTV

Shondhar Shongbad “The Conjuring” - $13.7 million

7:00pm Channel i

Shondhar Shongbad

7:30pm Banglavision Shongbad “Despicable Me 2” - $10.4 million

9:00pm Independent TV Raater 9tai Bangladesh

MISC “Grown Ups 2” - $8.1 million

9:30pm NDTV Good Times Yogasutra

11:30am Vh1 “Turbo” - $6.4 million

Commercial Free

1:30pm TLC

Bizzarre Foods

3:30pm National Geographic “Red 2” - $5.6 million

n Entertainment Desk “2 Guns” is taking the throne at the North America box office on its debut weekend. The action thriller, which pairs Mark Wahlberg with Denzel Washington, brings down last week’s champion “The Wolverine” from the top spot with approximately $27.4 million. Directed by Icelandic filmmaker Baltasar Kormakur, the movie interestingly attracted

49% women of the audience despite its genre and R rating. It also drew an ethnically diverse audience, with African-Americans making up 28% of the audience and Hispanics 14%. Hugh Jackman’s “Wolverine” now has to be content with being the runner-up after storming its way to the top of the chart last week. The movie adds an estimated $21.7 million (drop 59%) for a total domestic cue of $95 million. l

Megacities-Mumbai

5:30pm Fox Traveller Style And The City

“The Heat” - $4.7 million

7:30pm MTV

Time Out With Imam

8:30pm AXN Top Chef “Pacific Rim” - $4.6 million

10:00pm Travel XP Xplore Hong Kong


Did you know? Pakistan all-rounder Shahid Afridi never faced 100 balls in an ODI match. His highest balls faced was 94 against India on 19 Sep 1998 where he scored 109

Sport

Tuesday, August 6, 2013

14 Drogba double punishes careless Arsenal 

14 ‘Other’ Ronaldo dismisses Mourinho jibe

DHAKA TRIBUNE

13

15 Rain protects England’s Ashes

BCB finally writes to NSC n Mazhar Uddin

Australian skipper Michael Clarke shares a few words with England batsman Ian Bell as the players leave the field for rain during the 5th day of the 3rd Investec Test, Old Trafford, on Monday. Rain allowed no further play, resulting in a draw. More on Page 15 INTERNET

BCB aids GM Zia n Raihan Mahmood Bangladesh Cricket Board extended financial assistance to the tune of $2,500 for Grandmaster Ziaur Rahman’s participation in the FIDE World Chess Cup, scheduled to run from August 10 to September 3 at Tromso, Norway. The BCB responded to the call of the Grandmaster who in a talk-show asked for the financial assistance from the society to ease the expenditure of his travel. It was learnt that Zia submitted an application signed by his wife to the BCB. Jalal Younus, the chairman of the media committee of the Ad-hoc committee of the BCB said they responded for the honour of the Grandmaster. “The BCB stepped forward honouring the Grandmaster. We thought we can assist him in the cause, it’s just a commitment to the country,” said Jalal Younus. However Bangladesh Chess Federation was surprised to see the development and expressed mixed reactions. “The chess federation provided the air-ticket to Zia, costing Tk130,000 for his convenience. The federation did not take more initiatives as Zia is supposed

BFF boss dreams of Argentina, Brazil friendly in Dhaka n Raihan Mahmood Five-time world champions Brazil and two-time world champions Argentina playing in Dhaka seems like a distant dream, but BFF president Kazi Salahuddin believes it is possible in the future. The man who was instrumental behind bringing Lionel Messi and a full-fledged Argentine team to Dhaka back in September 2011 was reacting to the reporters at the his office yesterday. “At the moment I am not in a position to bring Argentina to Dhaka, but I have a dream to bring the two powerhouses of the world football Brazil and Argentina in Dhaka, maybe within two years” said the BFF boss. Salahuddin received a letter from Barcelona at the start of the year that said the Catalan giants are interested to visit Dhaka, but for financial strains BFF did not proceed further. The gateway of the high-profile international matches opened after Dhaka hosted Argentina and Nigeria in 2011.  l

to get at least $4,800 even if he loses in the first round and if he wins his first round match, he will receive a purse of nearly $8,000, so the federation thought it would be enough to provide the air ticket for Zia. We didn’t know about his appeal to the BCB, but at the end of the road we think it is a good gesture,” said a chess federation official, who requested to remain anonymous. The FIDE World Chess Cup (World Cup) is an integral part of the World Championship Cycle 2012-2014. The winner and the runner up of the World Cup 2013 will qualify for the Candidates stage of the World Championship cycle 2012-2014. There are 128 qualifiers (in order of priority): World Champion + four (4) semi-finalists from the World Cup 2011, Women’s World Champion, World Junior U-20 Champions 2011 & 2012, eighteen (18) rated players as described in 3.1.2, ninety (92) players from Continental Championships, six (6) FIDE President nominees, four (4) organiser nominees. Zia will be taking part as one of the 20 players from the Asia-Oceania zone and he is ranked 101 among the 128 participants.  l

Akram, Alamgir face-off for BCB councilorship n

Jamal eye Colman as team trainer

n Minhaz Uddin Khan National chief selector Akram Khan and former Bangladesh Cricket Board member Sirajuddin Alamgir are set to square off over the councillorship of the upcoming BCB election. Both men are looking to be nominated from Chittagong, a key center in the matter and according to the constitution, a District and Divisional Sports Association is entitled to nominate two councillors for the poll. Renown sports organiser and member of the current BCB ad-hoc committee AJM Nasiruddin is the first obvious option as the councillor. The second position is the one being contested for by Alamgir and Akram. However, national chief selector and former national skipper Akram has denied his involvement in any politics for the matter. Akram is not a member of the Chittagong Divisional Sports Association

Shakib, Salahuddin included in text book n Shishir Hoque

This year marks a watershed moment in both Bangladesh sports and education as a chapter on Bangladesh’s sporting heroes has been included in the National Curriculum and Textbook Board (NCTB) textbook. Most of the chapter is covered by cricketing sensation Shakib Al Hasan and legendary footballer Kazi Salhuddin. An image of the first Bangladeshi to climb Mount Everest, Musa Ibrahim is also present, along with seven other sports personalities in the level seven’s English for Today textbook for the 2013 academic year. NCTB added a 13-page chapter titled “Games and Sports” in unit seven this year, which was published very early in the year. However, Kazi Salahuddin, who now serves as Bangladesh Football Federation (BFF) president, came to know about the whole thing yesterday.

The Bangladesh Cricket Board (BCB) ad-hoc committee has finally sent a letter to the National Sports Council (NSC) today asking them to take necessary steps to prepare for the upcoming BCB elections. The joint secretary of NSC Ahmed Murshed confirmed that they have received a letter from the BCB addressed to the Youth and Sports Minister Ahad Ali Sarkar from the BCB president Nazmul Hasan. “We have received a letter from the BCB where they have asked to us form the election commission for the BCB election,” said Murshed. The decision to form the election commission will be taken after Eid ul Fitr, he added. The Board was supposed to have sent the letter on Sunday, but Minister of Youth and Sports Ahad Ali Sarkar was absent from his office at the time.   Acting BCB CEO Nizamuddin Chowdhury confirmed that the letter has been dispatched, and said that the letter requested the NSC to sketch an election commission and take other steps for holding the polls. On the first working day after the Eid vacation, the Board will send letters to the clubs and District and Divisional Sports Association asking them to nominate councilors for the election. l

“I feel really proud. I want to thank the government and education ministry for this endeavor and including me in the textbook. It’s also a proud moment for Bangladesh sports as well,” said the former national striker and the member of the Swadhin Bangla Football team. The chapter starts with a matchending picture of Bangladesh cricket team skipper Mushfiqur Rahim and Nasir Hossain celebrating winning a game. The “Lesson 5: Our Golden boys and girls” contains the summery of Salahuddin’s playing and coaching career and the story of cricketing all-rounder Shakib Al Hasan is also a prominent feature. The name of Shakib Al Hasan and Salahuddin, however, is spelt wrong incorrectly twice in the text. The chapter also included the pictures of football legends Diego Maradona, Pele, cricketers Sachin Tendulkar, Australian swimmer Ian Thorpe. l

and this has been pointed out by his rival and brother-in-law Alamgir. Alamgir had declared that he will fight hard for the election and things should be run by the constitution, even if his competition is family.

First thing is I am not a member of the DSA and I don’t have any idea of what might have been happening down there and that’s not a headache for me to be honest Akram had previously planned to stand as counsellor from the NSC and step-down from the chief selector post right after the Eid vacation but now he has change his plan and wants to be nominated a counsellor from Chittagong. According to the constitution, one has to be at least a General Member of the association, which Akram is not. “The councillors can never be nominated centrally. Doing so will be

in violation of the constitution and the election will be mechanized. To be honest I will take legal action if any of these is done and spare none, doesn’t matter if it’s even family,” Alamgir told the media yesterday. For his part, Akram during an interview with a Chittagong based daily the other day, ruled-out Alamgir’s chances in the election and later told the Dhaka Tribune that it was not his personal decision to fight in the election. “First thing is I am not a member of the DSA and I don’t have any idea of what might have been happening down there and that’s not a headache for me to be honest,” said Akram to the Dhaka Tribune yesterday. “It is the BCB president (Nazmul Hasan) who thought of me as a counsellor. He might have thought that I can do better for cricket in Chittagong, so there is no chance for me to disrespect the thought and back-out from the run,” he explained. l

Shishir Hoque

Former Bangladesh national team physio Ariel Colman is set to join Bangladesh Premier League side Sheikh Jamal Dhanmondi Club as a trainer next season. The Argentine is expected to arrive in Dhaka on August 16 to finalise and sign the contract. Colman claimed that both Abahani Ltd and Jamal wanted his service, but the Argentine had already agreed to terms with the latter before Abahani knocked him. “Abahani’s Nazrul called me saying that they want me, but I already gave my words to Sheikh Jamal,” said Ariel. Nazrul, however, dismissed the claim and said they never talked to each other about recruiting the Argentine. This will be the third mission for Colman in Bangladesh, but the first time for a premier league club. Colman earlier worked with two former Bangladesh coaches, Argentine Andres Cruciani and Brazilian Edson Silva Dido. Ariel also informed that Jamal will pay $2,500 to him as monthly salary. l

BCB releases domestic calendar n Minhaz Uddin Khan The Bangladesh Cricket Board declared the domestic schedule for the season 2013-14 yesterday through a media release. Over the next nine months five domestic cricket tournaments are scheduled – Dhaka Premier League 2012-13, National Cricket League, Bangladesh Premier League T20, Dhaka Premier League 2013-14 and Bangladesh Cricket League. The league phase of the delayed Dhaka Premier League season 2013-14 will be held in September followed by the super and relegation league in October and December. Right after the Premier League, NCL, first-class cricket competition, will be played in November and end on December. The third season of the BPL will be held in December and January. With a break for around two months for international events to be hosted by Bangladesh, the domestic season will resume in with the DPL season 2013-14 in May and conclude the season with the second edition of BCL, the latest addition to first-class event, in May-June 2014. l

Amateurs beat Lara, Walsh, Inzi A village cricket club has secured the biggest win in its history—after beating a side containing Brian Lara, Courtney Walsh and Inzamam Ul Haq. The charity match, which was arranged by editor turned TV presenter Piers Morgan, took place at Newick Cricket Club on Sunday. The village side took on the legends— and Morgan—in two games, and unbelievably came out on top. Dog walkers and locals did a doubletake when checking out the weekend

opposition. Lara with close to 12,000 test runs and Walsh with over 500 wickets were joined by Pakistani great Inzamam Ul Haq and former England batsman Adam Hollioake. Following the contest, the stars took to Twitter to review the match. Brian Lara said: “Enjoyed cricket yesterday—it was intense last couple overs.” Piers Morgan replied: “Final update from the big match. Morgan/ Lara shared 30-minute partnership in Game 2.” l


14

DHAKA TRIBUNE

Sport

Tuesday, August 6, 2013

Drogba punishes careless Arsenal

River Plate to open university

Galatasaray lift their first Emirates Cup largely dominated the first half, apn AFP, London pearing sharper than they had in a 2-2 Didier Drogba returned to haunt Arsenal as the Ivory Coast striker scored both goals in Galatasaray’s 2-1 victory in the Emirates Cup on Sunday. Drogba made a habit of scoring against Arsene Wenger’s team when he was at Chelsea and, after appearing as a half-time substitute, his strikes overturned Theo Walcott’s first half opener and ensured the Turkish team won the four-team pre-season tournament Wenger’s men paid the price at their Emirates Stadium for failing to make the most of early pressure and Drogba’s contribution highlighted just why Wenger is trying to add Liverpool striker Luis Suarez to his squad. With the pursuit of Suarez having so far failed despite Arsenal making a bid over £40 million for the Uruguay international, France under-20 striker Yaya Sanogo is the only pre-season addition to Wenger’s squad. Sanogo’s inclusion in the starting line-up attracted much of the attention following Wenger’s claims the youngster was a “top class” striker who would surprise many this season. And the former Auxerre youngster was handed an immediate opportunity to make an impression when Alex Oxlade-Chamberlain dispossessed Semih Kaya and picked out his unmarked team-mate in the visitors’ penalty area. Sanogo made room for a left foot shot but was unable to find a way past Fernando Muslera, Galatasaray’s Uruguayan goalkeeper. The youngster again found himself free inside the Galatasaray area shortly before half time following an intricate passing move and was spared by the offside flag after his tame shot had again been saved by Muslera. In between those openings Arsenal

n AFP

draw against Napoli the previous day. A strong appeal for a penalty was turned down when Aaron Ramsey went tumbling early on before Walcott failed to make the most of a 19th minute opportunity after being picked out by an accurate long ball from Ramsey. Walcott controlled the ball well to take him away from Albert Riera but his clip over the advancing Muslera drifted wide.

Match Result Arsenal Walcott 39

1-2

Galatasaray 2 Drogba 78-p, 87

Napoli Pandev 43-p

1-3

Porto 3 Ghilas 51, Fernandez 69-og, Lica 78

Fortune, however, was on Walcott’s side when he made the 39th minute breakthrough. Finding himself in space on the left hand flank, Walcott whipped in a right-footed cross that drifted between Muslera and his Galatasaray’s defensive line before creeping inside the far post. Arsenal’s half-time lead was deserved but the introduction of Drogba and Wesley Sneijder at the interval lifted the visitors, who immediately looked more threatening as Nordin Amarabat forced Wojciech Szczesny into a save at his near post. Olivier Giroud appeared for Arsenal in place of Sanogo and twice forced saves from Muslera. But Drogba was always likely to make his presence felt and the forward struck his 78th minute spotkick past Szczesny after going to ground following the slightest of touches from young Arsenal defender Ignasi Miguel. l

Galatasaray's Ivorian striker Didier Drogba (R) embraces Arsenal's French defender Bacary Sagna after the pre-season friendly football match at The Emirates Stadium in north London on Sunday, the game is one of four matches played over two days for the Emirates Cup. Galatasaray won the game 2-1, and the trophy AFP

‘Other’ Ronaldo dismisses Mourinho jibe ahead of friendly n Reuters

Chelsea's Fernando Torres fights for the ball with AC Milan's Matias Silvestre during the second half of their Guinness International Champions Cup match at MetLife Stadium in East Rutherford, New Jersey on Saturday REUTERS

Chelsea down Milan to set up Real final n AFP, East Rutherford Goals from Kevin de Bruyne and Andre Schuerlle lifted Chelsea to a 2-0 victory over AC Milan Sunday and set up a match for manager Jose Mourinho against former club Real Madrid. Mourinho, who left Real Madrid two months ago to return to the London club, and Chelsea will face off against 32-time Spanish champions Real Madrid on Wednesday in Miami’s Sun Life Stadium for the inaugural title in the International Champions Cup, an eight-team friendly tournament. Chelsea are the only side who haven’t allowed a goal in their first two matches, while Real, who beat Everton 2-1 in Los Angeles on Saturday, have a tournament-high five goals. On Sunday, Branislav Ivanovic gave Chelsea the initiative in the fourth minute, finding space on the left side near the byline only to have his effort blocked at the right post by Milan keeper Christian Abbiati. Ivanvonic put a header wide in the 12th before Milan had its first chance, a blast by Kevin-Prince Boateng that went high and wide. De Bruyne had a goal disallowed 22nd for offside, but Chelsea got on the score sheet in the 29th minute when Eden Hazard found space on the left,

dribbled toward the middle and passed to an unmarked Debruyne. The 22-year-old Belgian international, who transferred from Genk in 2012 but spent last season on loan at Werder Bremen, angled a shot across the goal line.

De Bruyne had a goal disallowed 22nd for offside, but Chelsea got on the score sheet in the 29th minute when Eden Hazard found space on the left, dribbled toward the middle and passed to an unmarked Debruyne It wasn’t until the second minute of injury time that Chelsea added another goal, when Victor Moses broke free on the left and sent a ball across the area to Schuerrle. The 22-year-old German international, who joined Chelsea on a reported 21 million euro transfer from Leverkusen in June, volleyed the ball low inside the right post. The match was part of a football double-header at the Meadowlands, home of the NFL’s New York Jets and New York Giants. Jonathan Vanega scored a goal in each half and Ever Banega and Jonas also scored for Spain’s Valencia in a 4-0 victory over Inter Milan. l

Cristiano Ronaldo spiced up the forthcoming friendly between Real Madrid and Chelsea when he took a swipe at his former boss Jose Mourinho, who moved from the Bernabeu to Stamford Bridge in June. The Portuguese former World Player of the Year was responding to comments Mourinho made in an interview over the weekend, taken as a slight towards the forward in the Spanish media. Mourinho said that aged 30, he had trained ‘the true Ronaldo, not the other one, Ronaldo the Brazilian’ in his time as assistant at Barcelona. “Some things in life are not worth commenting on and this is one more for obvious reasons,” Ronaldo told a news conference in Los Angeles, where Real are on a pre-season promotional tour. “I prefer to remember the good things from coaches. I don’t spit on the plate from which I eat and I don’t speak about people who say bad things about me. “We are going to face Chelsea, not

their coach. It is another warm-up game and we hope to win it so we can start La Liga in the best manner possible.” Real have won all their pre-season warm up games to date under new coach Carlo Ancelotti and take on Chelsea on Wednesday, with Ronaldo having played in a newer more advanced striker role on the pitch. “The coach has different strategies and different positions for everyone,” the 28-year-old said. “It is good for me to try and play in different positions and I am comfortable with it. We’ll see where I

end up playing during the season.” Two of the hottest topics surrounding Real in the run up to the start of the new campaign are the club’s multi-million euro interest in signing Tottenham Hotspur’s Gareth Bale and talks over a contract extension for Ronaldo. “It’s not my place to talk about new players,” Ronaldo said when asked about Bale, who according to media reports could eclipse Ronaldo’s world record transfer fee of $125 million if the move went ahead. “It’s not my place either to talk about the numbers that are being mentioned for his transfer. I have my opinion but I am not going to say in front of the cameras.” Real president Florentino Perez has said he wants Ronaldo to retire at the Bernabeu, but there appears to be little progress towards extending his current deal which runs until 2015. “I am happy here and all I want to do is train and prepare well,” Ronaldo said. “The contract renewal hasn’t been resolved yet, but I shouldn’t talk about it because it isn’t the right moment.” l

Deep in the depths of Buenos Aires’ iconic Monumental Stadium, not far from where Mario Kempes once inspired Argentina to World Cup glory in 1978, fitness trainer Fernando Mas is planning for the future. But while the famous 65,000-capacity arena situated above him rocks to the sound of raucous chanting whenever home club River Plate or Argentina’s national team are playing, today a hushed, scholarly silence prevails. Mas, 29, is one of around 70 students at the recently inaugurated River Plate University, believed to be the first institution of its kind operated by a football club anywhere in the world. The son of legendary 1960s and 1970s River striker Oscar “Pinino” Mas admits that a lifelong association with the club was responsible for guiding him towards the university. “I’ve chosen it above all because it’s River,” Mas told AFP. “Not only am I a supporter but I also love this club and know a lot of people here. “The club is not satisfied with just football, which is at the heart of the team. This university is a testament to the club’s greatness.” But while Mas’s return to education may have been colored by his loyalty to the club, there are above all practical reasons for enrolling. “I didn’t want to be doing nothing. I wanted to start studying again and I needed a professor to pressure me and show me what to do,” he laughs. “My line of thought was to return to studying. But also I am a fitness trainer and I think that here, in a few years, like in Europe, a diploma will be required to sit on the bench,” with substitutes and the technical team, he explained to AFP. The most successful club in Argentine football’s long history, River was founded more than a century ago. l

United reject second Chelsea bid for Rooney n Reuters, London Manchester United have rejected a second offer from rivals Chelsea for unsettled forward Wayne Rooney, the Premier League champions said on Monday. Chelsea tabled an improved bid for Rooney, having had an initial cash offer rebuffed last month. “A bid was received yesterday and immediately rejected,” a United spokesperson told the BBC. “Our position remains that he is not for sale.” England striker Rooney has been reported to be ‘angry and confused’ with his situation at United. He was upset at comments by new manager David Moyes that suggested he was a backup to Premier League top scorer Robin van Persie, and has been the subject of transfer speculation since retired manager Alex Ferguson said at the end of last season that the 27-year-old had asked to leave the club. Rooney joined United for 27 million pounds ($41.24 million)in August 2004 and has made 402 appearances for the club, scoring 197 goals and winning five league titles and the Champions League. l

Israeli president’s wayward pass startles Messi n Reuters Israeli President Shimon Peres inadvertently kicked a ball straight into the midriff of startled Barcelona striker Lionel Messi as he launched a football event by the Spanish league champions in Tel Aviv on Sunday. The remarkably energetic Peres, 90, dressed in a smart suit, addressed the Catalan team and 15,000 spectators at Tel Aviv’s Bloomfield Stadium wwho came to see Barcelona hold a clinic for young players followed by a training session. Barcelona have for years been involved in efforts to advance Middle East peace through sport and were making a brief stopover in Israel and the Palestinian territories en-route to a pre-season tour of Asia. “Your message is play football and make friends, don’t make war and make enemies,” he said before advising the young spectators to watch carefully because “I believe that a day will come and one of you will be like Messi.” l

Barcelona's Lionel Messi (C) speaks with Mohammad Roman, a 17-year-old Palestinian and Asael Shabo (L), a 19-year-old Israeli, at the end of a football clinic with Arab and Jewish children at Bloomfield stadium in Tel Aviv on Saturday The Spanish league champions made a brief stopover in Israel and the Palestinian territories en route to a pre-season tour of Asia REUTERS


DHAKA TRIBUNE

Sport

15

Tuesday, August 6, 2013

Review it again, Kumar

Quick Bytes

8th Ascent corporate football  The 8th Ascent Corporate 5-A-Side Indoor Soccer Cup is coming back amidst a great buzz in the corporate world this August. The tournament is all set to begin on August 23 at the STM Hall in Scholastica’s Uttara campus, informed the media coordinator of the event yesterday. Into its eighth edition the football event will comprise of 50 different corporate houses from across the country which also includes Dhaka Tribune. Ascent Group has been the title sponsor for the last six years and they are the title sponsors this year too. Dell Computers will be the co-sponsor and Securex comes in as associate sponsor for the event. –MU

Abahani observe Sk Kamal’s birthday Dhaka Abahani Ltd observed the 64th birthday of its founder Sheikh Kamal with magnitude at the club premises yesterday. A doa-mahfil was arranged by the Abahani Supporters Forum and it was attended by the club directors, officials and the fans of the club. Kazi Shahed Ahmed, the director-in-charge of the club, directors Harunur Rashid, Anjan Chowdhury Pintu, Momenuddin Ahmed, Kazi Nabil Ahmed, Shahriar Alam MP, Bazlul Haque Beg and Mir Nizamuddin Ahmed were present as the special guests. Earlier in the first hours of the day, club officials placed flower bouquets and prayed for the departed soul at the monument of Sheikh Kamal at the club premises.   –RM

Arambagh face Manang in last King’s Cup match Arambagh Krira Chakra will play their last match of the King’s Cup in Bhutan against Nepalese club LHM Manang at the Changlimithang stadium in Thimphu today. Manang had already confirmed their berth in the last four while Arambagh has no hope of reaching any further. Earlier another Bangladeshi club Team BJMC also crashed out of the tournament. –SH

Russian GP promoters reach an agreement with RAF  The promoters of the Russian Grand Prix said Monday they have managed to resolve their contradictions with the Russian Automobile Federation (RAF) concerning the staging of the next year’s event. “We just couldn’t miss the chance to reach an agreement,” the Omega Center company (promoters) general manager Oleg Zabara was quoted as saying by Sport Express daily. “We are really interested in a good partnership with the RAF for years.” “We’re set to sign an official contract with RAF this week before sending an application to stage the 2014 race to the F1’s ruling body, the FIA. We’ve already reached the agreement, which we now need to formalize.” – AFP

Serena heads elite Toronto field World number one Serena Williams is eager to test herself against the world’s best, including Wimbledon champion Marion Bartoli, at the WTA Tour’s Rogers Cup that starts on Monday. Williams won the tournament the last time it was held in Toronto in 2011. It shifted to Montreal last year, where former Wimbledon champion Petra Kvitova defeated China’s Li Na in the final. Now that it has returned to Toronto, Williams is hoping a victory in the $2.369 million event can boost her build up to the final Grand Slam of the season, the US Open at Flushing Meadows. “It was just such a confidence boost to win such a big tournament, such a staple,” she said of her 2011 victory. “It was very good for my confidence and it definitely gave me the experience I needed. It propelled me to get to the finals at the US Open,” added Williams, who lost the final at Flushing Meadows that year to Samantha Stosur. – AFP

Day’s Watch Ten Sports 10:00pm ATP 1000 Masters 2013 LIVE Round 1/2: Rogers Cup Montreal Sony Six 6.00am CPLT20 LIVE Red Steel v Tallawahs

n Cricinfo Plays of the day as England retained the Ashes with a watery draw

Surprise of the day

The 11.30am start took just about everyone by surprise. While more than 17,000 tickets had been pre-sold for the final day, there were fewer than half that number of spectators in the ground when play began. Heavy overnight rain and an uncompromisingly awful weather forecast led most people to believe there would be little if any play and some England players delayed their arrival at the ground until just before 11am. But, somehow, while rain fell all around the north of England, there was a gap in the clouds that allowed play to begin after only a short delay at Old Trafford.

Rain protects England's Ashes n AFP, Manchester England retained the Ashes after rain meant the third Test against Australia at Old Trafford ended in a draw on Monday. Only 20.3 overs were possible on the fifth and final day, but that was still long enough for England to collapse to 37 for three, having been set 332 to win after Australia declared on their overnight 172 for seven. But England, 2-0 up in the five-match series after wins by 14 runs and 347 runs at Trent Bridge and Lord’s respectively, only had to draw this match to be sure of retaining the Ashes. And they had the result they required when the match was abandoned as a draw at 4.39pm local time (1539GMT). Earlier, Ryan Harris struck twice in quick succession to remove England captain Alastair Cook and Jonathan Trott before Peter Siddle claimed the prize wicket of Kevin Pietersen. However, the bad weather for which Manchester venue Old Trafford is infamous, but which had stayed away until Sunday evening, took charge. At the close, England were 295 runs shy of the victory target, with Joe Root, dropped on four, 13 not out and Ian Bell four not out. Now the best Australia can hope for

is to share the series 2-2. In the event of a drawn campaign, the team that last won the Ashes retains them and in this series that means England following their 3-1 win in Australia in 2010/11. One consolation for Australia was that this result ended a run of six successive Test defeats, their worst for 29 years, and meant they avoided equalling their alltime record losing streak of seven set between 1885-88. Australia captain Michael Clarke, who made a superb first innings 187, was angry when the umpires took the players off for bad light on Sunday before rain ended the day’s play. The weather was still against Australia when rain delayed Monday’s scheduled start by 30 minutes. Harris, though, brought one back late into left-hander Cook to have him lbw for nought, with England yet to score a run. Cook reviewed Tony Hill’s decision but with nothing to suggest an incorrect decision, the New Zealand umpire’s verdict was upheld. Trott survived a leg before appeal from Harris when on nine, a decision the Australians reviewed only to be defeated by a marginal ‘umpire’s call’ verdict after replays showed the ball taking the outside part of leg stump. But Trott was out for 11 when he care-

Review of the day I

Kevin Pietersen looks to the skies being dismissed on the final day of the third Ashes test match at Old Trafford in Manchester yesterday REUTERS

lessly glanced Harris and was caught down the legside by wicketkeeper Brad Haddin. Australia nearly had a third wicket when Root, who’d taken 26 balls to get off the mark, edged Siddle’s sixth ball only for the normally reliable Clarke to drop the second slip chance. But Siddle had the huge compensation of having Pietersen, who made 113 in the first innings, caught behind for just eight as he pushed forward. Pietersen challenged the decision and while the audio part of the Decision Review System indicated a noise, there was no mark on the Hot Spot thermal imaging device. However, Sri Lankan third umpire Kumar Dharmasena, in the latest contentious DRS judgment this series, decided there was insufficient evidence to overturn Hill’s original verdict and England were 27 for three, with no reviews left. Australia were now well-placed to press for victory, only for the weather to intervene again. After rain delayed the start of the second session, Siddle struck Bell on the thumb with the third ball following lunch. But as Bell received on-field treatment, more rain fell and play was suspended. The series, which could yet see the first drawn Test campaign between England and Australia since 1972, continues

Score Card Australia 1st Innings 527-7 dec (M Clarke 187, S Smith 89, C Rogers 84, M Starc 66 no, B Haddin 65 no; G Swann 5-159) England 1st Innings 368 (K Pietersen 113, A Cook 62, I Bell 60; P Siddle 4-63, M Starc 3-76) Australia 2nd Innings (overnight: 172-7) C. Rogers c Prior b Broad 12 D. Warner c Root b Bresnan 41 U. Khawaja b Swann 24 S. Watson c Pietersen b Bresnan 18 M. Clarke not out 30 S. Smith run out (sub/Prior/Anderson) 19 B. Haddin c Broad b Anderson 8 M. Starc c Swann b Anderson 11 R. Harris not out 0 Extras (b4, lb2, w3) 9 Total (7 wkts dec, 36 overs, 177 mins) 172 Bowling: Anderson 8-0-37-2 (1w); Broad 7-2-30-1; Swann 15-0-74-1; Bresnan 6-0-25-2 (2w); England 2nd Innings (target: 332) A. Cook lbw b Harris 0 J. Root not out 13 J. Trott c Haddin b Harris 11 K. Pietersen c Haddin b Siddle 8 I. Bell not out 4 Extras (w1) 1 Total (3 wkts, 20.3 overs, 94 mins) 37 Bowling: Harris 7-3-13-2; Starc 4-2-6-0 (1w); Watson 2-2-0-0; Lyon 3-0-8-0; Siddle 3.3-08-1; Clarke 1-0-2-0 Result: Match drawn Series: England lead five-match series 2-0, retain Ashes

Pakistan to play Afghanistan in T20 n AFP, Lahore Pakistan Monday announced it will play Afghanistan in a Twenty20 international later this year to help the development of cricket in the war-ravaged nation. A Pakistan Cricket Board (PCB) spokesman said the two sides will meet on December 8 in Sharjah in the United Arab Emirates. “Giving Afghanistan an international match is our contribution towards the development of the game in the neighbouring country,” the spokesman said. The match is part of an agreement between the two countries in March under which the PCB will help Afghanistan improve its cricket infrastructure and team standard. Afghanistan qualified for the last

two World Twenty20 tournaments in 2010 and 2012 but lost all their matches. The Sharjah match will be their first against any top teams outside the International Cricket Council events. Cricket has become the most popular sport in Afghanistan since the fall of the Taliban regime in 2001. Afghans learned the game in refugee camps in Pakistan after they were forced to leave their homes in the wake of the Soviet invasion in 1979. Afghanistan Cricket Board chief executive Mohammad Murad expressed delight at the latest opportunity for his team. “We are excited by the opportunity to play against a full (ICC) member nation,” Murad said in Kabul. “Win or lose, the experience gained by our players will be absolutely invaluable.” l

Injured Azarenka withdraws from Toronto n AFP, Toronto Two-time Australian Open winner Victoria Azarenka withdrew on Sunday from the WTA hardcourt tournament in Toronto with a lower back injury, shortly after losing a final in California. Azarenka, who will move from third to second in the world rankings on Monday, fell 6-2, 6-3 to Australian Samantha Stosur in the final Southern California Open final in Carlsbad. Toronto organizers, who gave Azarenka a wild card, received the news shortly afterward from the Los Angeles-based player, who met with doctors before making her announcement.

“I’m so disappointed that I can’t make it to Toronto as I added it to my schedule knowing what an important event it is,” Azarenka said in a statement. “I am sorry to all my Canadian fans and I will work hard to get healthy and back on the courts as soon as possible.” In Carlsbad, Azarenka had been playing her first tournament since a knee injury forced her out of Wimbledon after one round. The withdrawal of the three-time semi-finalist means that Caroline Wozniacki will take her spot in the draw and receive a first round bye. A lucky loser will be inserted into Wozniacki’s prior place in the draw. l

Another day, another DRS drama. This time it was Kevin Pietersen who was at the centre when he was given out caught behind off Peter Siddle. Pietersen looked unconvinced at Tony Hill’s decision and signalled for a referral and while nothing showed on Hot Spot and there was no clear deviation off the bat, there was a noise. Kumar Dharmasena upheld Hill’s call and Pietersen was unhappy, but Snicko - which is not available to the TV official - later suggested that he had in fact tickled the ball.

Review of the day II

Alastair Cook made a bid for ‘worst review of the series’ after he was adjudged leg-before to Ryan Harris in the third over of the day. Replays suggested the delivery, a fine ball that drew Cook forward and nipped in to beat a nervous forward prod, was going to hit the middle of middle and off and the TV umpire had little hesitation in upholding the on-field decision. To be fair to Cook, replays did show that he brushed his front pad with his bat in playing the stroke, which he may have mistaken for a thin edge on the ball. He also consulted with his opening partner, Joe Root, before asking for the review.

Close call of the day

Jonathan Trott, his head falling to the off side as he played across a straight one, was on 9 when umpire Hill turned down a strong leg-before appeal off the bowling of Harris. Australia called for a review, which showed that there was no bat on the ball and it had hit in line. But the ball tracking technology also suggested that, although the ball was likely to go on and hit leg stump, it was only going to do so by less than half a ball’s width, so Trott survived on the basis of umpire’s call. It made little difference, though, Trott was caught behind down the leg side just minutes later. l

Bolt ‘ready’ to regain world 100m title  n AFP, Moscow

Dhaka Abahani Ltd officials place floral bouquet at the monument of Sheikh Kamal at club premises in the early hours on Monday

Indian blind team to tour Pakistan n AFP, Lahore The body running cricket for the blind in Pakistan said Monday it has persuaded its counterparts in India to come on tour in February next year. The trip would be the Indian blind team’s third tour to their arch-rivals, the last coming in December 2011 when they lost both the one-day and Twenty20 series. “We have convinced India to send their blind team to Pakistan for a three one-day and three Twenty20 international tour next February,” Syed Sultan Shah, president of the Pakistan Blind Cricket Association, told AFP. The matches will be played in Lahore, Faisalabad and Islamabad, Shah said. “They were reluctant to send their team owing to security reasons but we

managed to convince them because blind cricket is all about peace and harmony and there are no fears on holding such a series,” said Shah. The ball used in blind cricket is bigger, with ball bearings inside it so the batsman can hear it coming. Of the 11 players in each team four must be totally blind, four partially blind and three partially sighted. Regular international cricket has been suspended in Pakistan since militants attacked the Sri Lankan team bus during the Lahore Test match in March 2009. Shah, also president of World Blind Council, said India wants to host the Asia Cup for blind teams next year. Pakistan’s blind team toured India last year to feature in the Blind World Twenty20 held in Bangalore. India beat Pakistan to lift the trophy. l

Jamaican sprint star Usain Bolt has declared himself “ready” in his bid to defend his 200m crown and reclaim the title in the blue-riband 100m at next week’s World Athletics Championships. Bolt, who was talking at a sponsors’ event at Gorky Park on Sunday, now goes straight into training for the August 10-18 champs at the Luzhniki Stadium. “Of course it’s very important (to win back the title),” the 26-year-old Bolt said of the 100m crown he lost to injured teammate Yohan Blake when he false-started in Daegu, South Korea, in 2011. That failure has been the one blip on Bolt’s impressive resume that includes Olympic gold in the 100m, 200m and 4x100m relay events in Beijing and London, and five world titles. “I want to keep winning every race that I compete in and the 100m and 200m finals in Moscow will be the biggest races for me this year,” the Jamaican said. “It’s why I’m working hard with my coach to give myself the chance to do that.” The world record holder in both the 100m and 200m added: “My season has been good, I’m getting stronger every week and my execution and speed endurance is steadily improving. “Right now I’m in good shape, focused and feeling well, training hard and I’m ready.” l


16

DHAKA TRIBUNE

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Tuesday, August 6, 2013

Cheated, they return flat broke from Egypt Seventeen migrant workers served in different detention camps and jails n Rabiul Islam Fortune did not smile on Jamal Hossain who desperately wanted to break the cycle of poverty by migrating to a foreign country. Jamal along with 16 ill-fated migrant workers returned home empty-handed from a jail of Egypt on Sunday night. “I quit school after I completed class nine due to poverty. With the help of a local agent I went to Egypt over one and a half years back to join a juice factory but I was not given the job as was promised by the agent,” Hossain said. After languishing about three months in detention camp and different jails of Egypt, 17 migrants including Jamal Hossain arrived at the Hazrat Shahjalal International Airport at 11.15pm on Sunday night. At the airport, Jamal Hossain (21), son of Jahangir Hossain, who comes from Gopalganj said: “I along with many others was promised to be given jobs in a juice factory with a monthly salary of $200.” “As we reached Egypt we found that we were sent there on tourist visas and our passports were taken away. We were given jobs in a textile company

LBA RATIFICATION

Foreign secretary holds talks with Indian envoy n Sheikh Shahariar Zaman Foreign Secretary Md Shahidul Haque and Indian High Commissioner Pankaj Saran have discussed the ratification of the Land Boundary Agreement 1974 and its additional protocol signed in 2011. “He came to my office today and we discussed the entire range of issues including the Land Boundary Agreement [LBA],” the foreign secretary told the Dhaka Tribune after an hour-long meeting. Indian External Affairs Minister Salman Khurshid is likely to place the constitution bill in the upper house of the Indian parliament in the ongoing monsoon session to pave the way for ratification of the Land Boundary Agreement. The monsoon session of the parliament began yesterday. Asked about the placement of the amendment bill, the Indian High Commissioner told the Dhaka Tribune: “Let’s see.” Bangladesh Foreign Minister Dipu Moni had meetings with Indian Prime Minister Manmohan Singh and Salman Khurshid and they also had discussions on July 26, the high commissioner said. “I can’t do better than that.” About the possible visit of Prime Minister Sheikh Hasina to India in September, he said: “There is an invitation. The date has to be decided through mutually convenient time.” Hasina went to India on a bilateral visit in January 2010 while her Indian counterpart came to Dhaka in September 2011. The leader of the opposition, Khaleda Zia, and Jatiya party leader HM Ershad also visited India last year and held meetings with the Indian president, prime minister and foreign minister. Pankaj Saran, at a Meet the Press programme in June, said the LBA ratification needs amendment to the Indian constitution and it requires a two-third majority in the parliament, but the present Manmohan Singh government did not have the majority in the parliament and thus is in consultation with other political parties to reach a consensus. The UPA government tried to table the bill in the last budget session but failed due to strong opposition from the opposition political parties, including the Assam Janogon Party. l

with a meagre monthly salary of $80.” “After one month I along with few others communicated with other Bangladeshi migrants who were known to me,” Jamal said as he was narrating his sufferings. He said later he along with another Bangladeshi named Khokon took embroidery job with a monthly pay of $180 where he worked for about a year. As law enforcers all on a sudden began a drive to identify illegal migrants Khokan and he sneaked into a rural area where they worked in a plastic manufacturing company for three months. They then left the job with onemonth salary being unpaid and joined a light factory one month before it was laid off. “As we were hanging around police detained us and kept us in a camp for three days and we had to suffer in jail for one day before the court released us,” he said. But afterwards they were taken to a police station where they were confined for 10 days: “All of our belongings were taken away and we were sent to a jail in Cairo,” Jamal said. “We were told that we would be able

to go back home if our embassy issued us passes and arranged our tickets,” Jamal said alleging the embassy did not respond. Jamal said the embassies of Paki-

stan and India contacted their migrant workers within a week. “After about two months, Jahangir, an official of Bangladesh embassy in

Egypt gave us passes and we were able to return home,” Jamal continued. Jamal had to make a payment of over Tk1, 00,000 to Jom Jom Travels in Dhaka after he took out a loan and had a mortgage on a piece of land. “I have paid off half of the loan and I don’t know how I will pay the rest of the amount,” he gave a sigh of relief. After receiving 17 migrants including Jamal at the airport, a director of Bureau of Manpower, Employment and Training, said the migrant workers were brought back with the help of Bangladesh Embassy in Egypt. MGH Holding Limited, a non-government organisation, handed Tk1000 to each of the cheated migrant worker. The migrants were sent back to their respective homes. When contacted Expatriates’ Welfare Minister Khandker Mosharraf Hossain said: “I am in an emergency meeting and I will talk to you later.” Bangladesh Association of International Recruiting Agencies (Baira) President Shajalal Majumdar said action would be taken if any member of Baira or travel agency was found involved in the malpractice. l

Government determined to eliminate Rabies by ‘20 n Moniruzzaman Uzzal

The number of deaths from dog-bites and the consequent cases of rabies has significantly decreased in the recent years, the government claimed. Although there is no definitive figure available official counts suggest that up until a couple of years ago, roughly 300,000 people, including male and female adults and children, used to die from rabies infection. However, according to figures from the Infectious Diseases Hospital in the capital’s Mohakhali area, the number of patients came down to 88 in 2012 from 160 a year ago. Rabies is a viral disease that causes acute encephalitis in warm-blooded animals such as humans. The disease can be transmitted from one species to another, commonly by a bite from an

infected animal such as dogs, raccoons and bats. For a human, rabies is almost invariably fatal if not addressed immediately after exposure. Symptoms include malaise, headaches, fever, pain, violent movements, uncontrolled excitement, depression, hydrophobia, and eventually coma and death. According to the World Health Organisation (WHO), more than 90% of cases of human rabies are transmitted by dogs with most deaths occurring in Asia and Africa. Only a few countries, mainly islands and peninsulas such as Australia, New Zealand, Greenland and Japan, are free of the disease. Professor Dr Benzir Ahmed, director (communicable disease control) of the Directorate General of Health Services (DGHS), claimed that the government had taken numerous steps to keep the spread of the disease in the country in

check. He said the steps included raising mass awareness about the disease and its treatments and prevention, providing free and improved vaccines, birth control measures for dogs, and so on. He added that the government had fixed a target to eliminate rabies from the country by the year 2020. Sources said with that aim in front, the health ministry is planning to organise a three-day advisory conference of the Saarc countries in Dhaka from August 12 to 14. Prof Benzir said Bhutan, Sri Lanka, Nepal and Afghanistan had already agreed to take part in the meet to share their experiences and suggestions. According to the WHO, Bangladesh, India and Myanmar run high risks of human casualties from Rabies. Every year more than 18,000 to 20,000 people die in India from Rabies. The figure is 2,000-2,500 in Bangladesh and around

1,000 in Myanmar. It also said more than 1.4bn people in the South and Southeast Asian countries run the risk of getting infected by this fatal disease. Sources say up until 2010, the DGHS provided free vaccination that consisted of 14 simultaneous doses to be injected around the infected individuals navel. The vaccine, manufactured from sheep brain cells, however, had been declared obsolete several years ago by the WHO. DGHS Director Prof Benzir Ahmed said they had been supplying a new and improved kind of WHO-prescribed tissue culture vaccine since 2011. Some 65 Rabies prevention and treatment centres have been opened around the country and the DGHS has supplied a total of 250,000 vaccines, he said. Almost all the districts were brought under the dog birth control measure to prevent the reproduction of rabid dogs. l

No trace of ‘Khudey Gaanraj’ star Jhuma n Our Correspondent, Narsingdi The district sadar model police at last filed the Jhuma kidnap case yesterday, 14 days after the abduction of Meredian-Channel i Khudey Gaanraj first runner-up Jhum Jhum Akter, alias Jhuma on July 23. The filing of the case came after the district Nari O Shishu Nirjatan Daman Tribunal ordered the officer-in-charge of the police station to record it. Jhuma’s mother Jesmin alleged that police had been showing reluctance to file the case over the past two weeks. Even the lawmen did not take step to rescue Jhuma and arrest the kidnappers, she said. Jesmin said her daughter was going to her village home of Dattergaon village under Shibpur upazila from the capital’s Bashundhara area. As she reached Tarua in Narsingdi town, one Israfil of Badail area of Ashulia in Dhaka and his car driver Faisal waylaid Jhuma and abducted her at gunpoint, she said. Hearing her daughter’s kidnap news, Jesmin visited the police station several times to file case against Israfil and his driver Faisal, but police refused to accept case. Disappointed, the mother yesterday filed a petition with Narsingdi District Nari O Shishu Nirjatan Daman Tribunal. After hearing the petition, tribunal Judge Enamul Haque ordered the police station to record the case and take necessary actions. The petitioner said she contacted Isarafil to return her daughter, but in vain. She added that Israfil and his relatives were giving her threat and asking her to withdraw the case. Jesmin also said Jhuma is the student of Cambrian School and College in Dhaka. The Class IX student took part in Meridian-Channel i Khudey Gaanraj competition in 2008 and became first runner-up. l

Gazipur mayor MA Mannan to take oath n Mohosinul Karim

Sudden rain catches city dwellers unprepared. However, it gives relief during hot weather. The photo was taken yesterday

SYED ZAKIR HOSSAIN

MA Mannan, the newly elected mayor of Gazipur City Corporation (GCC) is going to take oath on August 11. Prime Minister Sheikh Hasina will conduct the oath taking ceremony at 10.30am on August 11 at the her office, Local Government Division’s deputy secretary Showkat Ali confirmed the Dhaka Tribune yesterday. He told that the prime minister has given her consent to conduct the ceremony and guest list has been sent to the PMO on August 1. MA Mannan was elected as the mayor of GCC on July 6. Afterwards, the Election Commission (EC) published the gazette on July 12. According to the electoral law, it is mandatory for the mayors to take oath within 30 days of election. Earlier, the prime minister conducted oath taking ceremony of the four mayors of Khulna, Rajshahi, Sylhet and Barishal City Corporations at her office on July 21. The mayors are yet to take charges as the tenure of the previous corporations are still running. l

Editor: Zafar Sobhan, Published and Printed by Kazi Anis Ahmed at Romask Limited, 184, Tejgaon Industrial Area, Dhaka-1215. 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


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Business


B2 PC wants to finish lands leasing in six months

B3 Stocks finish higher amid dull trade

tuesday, August 6, 2013

Business www.dhakatribune.com/business

Tourism plummets due to political tension n Kayes Sohel Bangladesh’s tourism industry is set to suffer badly due to the looming political uncertainty after the Eid holidays, as tourists from home and abroad have started to cancel their bookings at hotels and resorts across the country. The country’s tourism business peaks around Eid-ul-Fitr, the biggest religious festival of the Muslim community, which is expected to be celebrated on Friday this year. However, tour operators and hoteliers are apprehending little to no return on their investments this season. “The situation is very bad,” said Hasan Mansur, founder of The Guide Tours Ltd and president of the Tour Operators Association of Bangladesh. “Fear of political turmoil in the run up to the general elections has resulted in a lull in the industry,” he said. Mansur, a pioneer of tourism in Bangladesh,said his company expected more than 20% fewer tourists this season. Around 2,500 foreign visitors have already cancelled their trips to this country since January due to the ongoing political unrest, causing an estimated revenue loss of Tk500m to the national exchequer, he said. “Foreign tourists no longer think Bangladesh is a safe place for holidaymakers, due to the political violence over the past several months,” Mansur added. He said the local people of popular tourist spots, like Cox’s Bazar, will be affected the most by the fall in tourism,as it is the main source of “bread and butter” for them. Abul Quasem, general secretary of the Chittagong Hotel Owners’ Association, said bookings had fallen sharply by almost 50% this Eid season, compared to the same period a year ago. “The hotel business is in distress,” he said.

Tourists gather at Cox’s Bazar Sea Beach. With rising political uncertainty, the expected turnover during Eid vacation may face a setback “Withdrawal of booking orders by both foreign and local visitors to avoid the post-Eid political chaos has made the situation worse.” Around 200 hotels, motels and guest houses _ with an accommodation capacity of 40,000 _at Cox’ Bazar, the sea resort boasting the world’s longest beach, are usually fully booked a fortnight ahead of the Eid holidays. “But this time, the scenario has changed. Even after rate cuts by many hoteliers in order to lure in visitors with all-inclusive packages,rooms are lying vacant,” Quasem said. “Hotels are making appealing offers, but that is not the issue here. For many visitors, it is a matter of security amidst looming po-

litical upheaval,” he said. Tareq Mortaza, chief executive of Tour Plus, said he had to cancel 16 booking orders recently. He also blamed political unrest for taking its toll on the tourism industry. The uncertainty, meanwhile, has forced the country’s affluent people to opt for holiday destinations in neighbouring countries, like India, Nepal, Thailand, Singapore, and Malaysia. Sumon, an executive at the Contralink travel agency, said tickets of all airlines were sold out until August 18. “Domestic political violence does not deter the well-off holidaymakers from going

Dhaka Tribune

abroad,” he said. Bangladesh’s travel and tourism sector raked in Tk182.5bn in 2011, making up 2.2% of the country’s gross domestic product, according to a World Travel & Tourism Council study. The country has around 220 tour operators, employing more than 25,000 people directly or indirectly. Foreign tourist arrivals in Bangladesh stood at 199,000 in 2000, according to a report by the United Nations Economic and Social Commission for Asia and the Pacific Their number rose by 56.25% over the decade to 303,000 in 2010, it said. l

Pre-Eid inflow helps remittance hit 5-month high n Jebun Nesa Alo The remittance inflow registered $1.23bn in July, highest in last five months, as non-resident Bangladeshis sent home increased amount of money through formal channel ahead of Eid-ul-Fitr. Remittance exceeded the figure of July last year, which had reached $1.20bn then. The remittance received in the previous month of June was $1.05bn. The figure has, however, failed to hit the high-

est ever figure of $1.45bn in October 2012 which came ahead of Eid-ul-Azha. Receipts in remittance were steady at $1.16bn in February followed by $1.22bn in March, $1.19bn in April and 1.08bn in May after reaching a high of $1.32bn in January. “Central bank usually receives more remittance ahead of Eid thanks to expatriates sending it through formal banking channels,” said Bangladesh Bank General Manager AFM Asaduzzaman, the central bank spokesperson.

In terms of annual receipts, Bangladesh had received $144bn in the last financial year of 2012-13, which was 12% more than the previous year, being benefitted by the increase in remittance through formal channels. Bangladesh had received $128bn and $116bn in remittance in the financial years of 2011-12 and 2010-11 respectively. According to BB data, the inflow crossed the $10bn mark in 2009, buoyed by a record outflow of migrants during 2007 and 2008 in the wake of a construction boom in the Gulf States.

After 2008, the outflow of new migrants slowed down due to a fall in demand. But it rose again last year, enabling Bangladesh to emerge as the eighth largest remittance earning country, according to a World Bank survey released last month. The growth in remittances, the second biggest foreign currency earning sector after the export sector, has given a much needed cushion to the government to face the rising pressure on the country’s balance of payments. l


2 Initiative taken to brand Bangladesh as leading apps developer

n Tribune Business Desk

A Memorandum of Understanding (MoU) was signed here yesterday to create one million mobile apps developers aiming to branding Bangladesh as a leading country in the sector at the global level. The MOU was signed between Access to Information (A2I) Programme of the Prime Minister’s Office and Claude Camp, a USbased organisation, at the Prime Minister’s Office, reports BSS. National Project Director of the A2I Programme Kabir Bin Anwar and coordinator of the Claude Camp Mohammad Mahdeeuz-Zaman Apu signed the MoU on behalf of their respective organisations. Policy Advisor of the A2I Programme Anir Chowdhury and other officials, among others, were present on the occasion. IT experts said Bangladesh has immense potentiality in the apps developing as it has huge young population alongside over 100m mobile users. The country needs to provide training facilities on apps developing among the youth for ensuring access to the international markets, they added. Kabir said there is enormous potentiality of revenue earnings through apps development both from local and international markets. Companies and individuals can earn huge revenue by developing apps both local and international markets, he said. There is huge market of apps development at international level, Apu said adding its market is gradually widening for countries having good number of young population. He said apps development could be one of biggest revenue-earning industry in the country, if necessary policy supports are given. l

DHAKA TRIBUNE

Business

tuesday, August 6, 2013

to sell 3G PC wants to lease out Teletalk Connection during Eid in Sylhet lands in 6 months n Tribune Business Desk

n Asif Showkat Kallol The Privatisation Commission wants the reports on the additional lands of state-owned enterprises to lease out completed within next six months. Different committees and sub-committees will prepare the reports reviewing the current state of 1,516 acres of additional of 39 SoEs. Within next six months, they could submit the reports with recommendations to the cabinet committee on economic affairs, proposed Privatisation Commission recently. It may be mentioned that the present government has six months remaining of its five-year term.

‘We have sent a proposal on lease of the additional lands of SoEs to the cabinet committee on economic affairs. It may be placed at the next meeting of the committee’ The commission has sent a summary proposal of strengthening privatisation activities to improve private investment situation in the country. “We have sent a proposal on lease of the additional lands of SoEs to the cabinet committee on economic affairs. It may be placed at the next meeting of the committee,” Dr Mirza Abdul Jalil, PC Chairman, told the Dhaka Tribune yesterday. He said with the leasing out of the lands, the crisis would be solved for the local investors. Privatisation commission will complete the process of lease out SoEs land short and long

Kushtia Sugar Mills is one of the SoEs listed for leasing additional lands term to hand over lands, as per the proposal. As per the proposal, the PC will also include the Public-Private Partnership Office, Bangladesh Economic Zones Authority, Board of Investment and other private sector development agencies in the leasing process. It said the possible amount of money to be earned from lease will be Tk10m per acre. Through these handovers, the government exchequer will see a deposit of Tk15.16bn in a short time. As per the proposal, the longest lease period will be 35 years. As a result, there will be a total of Tk50bn investment in two years from both local and foreign entrepreneurs. PC estimates a number of 50,000 people will get jobs in the industrial establishments in the lands to be leased out. l

India service sector worst since 2011, deepens gloom n AFP, New Delhi India’s vital services sector, which contributes 60% to the economy, shrank for the first time in nearly two years in July, figures Monday showed, fuelling pessimism about an early recovery. The figures suggest “a near-term recovery in growth is not in the cards as confidence remains subdued and global headwinds persist”, said HSBC chief Asian economist Leif Eskesen. The HSBC Services Purchasing Managers’ Index (PMI) contracted for the first time in 20 months to 47.9 points in July from 51.7 points in the previous month. Fifty is the mark that divides expansion from contraction. The reading was also the lowest since April 2009, adding to deepening worries about Asia’s third largest economy. “Reducing macroeconomic risks and stepping up implementation rather than just announcements of structural reforms is what is needed to get the wheels turning again,” Eskesen urged the government. But investors fear that the embattled Congress-led coalition government will be un-

able to take bold action because of political gridlock before general elections due in the first half of 2014. The numbers were a disappointment for Finance Minister P. Chidambaram, who said just last week he expected the services sector to perform as strongly as , if not better than, last year. Authorities hoped a services sector pickup would help drive a recovery in the economy which grew by five percent last year - the lowest pace in a decade. Economists have cut their growth forecasts to around the same level as last year from earlier projections of six percent and

above. Nervous foreign investors pulled $10.5bn from the Indian equities and debt market in June and July. The rupee has been setting record lows against the dollar and the central bank has been forced to keep interest rates high to stem its fall. Days earlier, HSBC’s manufacturing growth index showed India’s factory output slowdown deepened in July, with order books contracting by the most in more than four years. The HSBC Indian Manufacturing Purchasing Managers’ Index fell in July for a third straight month to 50.1 from 50.3 in June, clinging on to expansion territory. l

Cellular Phone operator Teletalk will sell 3G Connection in Sylhet under special arrangement ahead of Eid-ul-fitr. The state-owned operator, who is providing the mobile broadband service in trial basis, has taken the initiative targeting the expatriated people mainly living in United Kingdom. “We’ve taken the move to offer 3G connection in Sylhet ahead of Eid considering the interest of the people,” M Mujibur Rahman, managing director of Teletalk Bangladesh, told BSS yesterday. He informed that they have completed all the preparation for the special arrangement. Teletalk has launched the 3G or third generaion mobile service in the city on August 1 by completing technical preparation after offering the service in Dhaka and Chittagong. In Sylhet city, Teletalk installed 40 BTSs (Base transceiver station) to cover the whole city and also working to expand its coverage at Shahjalal University of Science and Technology (SUST). Later, more areas would be brought under its coverage. Managing Director of Teletalk said customer could avail 3G connection from the Teletalk Customer Care Centre at MN Tower in city’s Chouhatta area from 9am to 5pm in every working day. The operator, at present, offering free 100 minutes voice call, 50 minutes video call, 1 GB data, 200 SMS and 50 MMS with Ekush 3G package for Taka 450. In addition, the customers are enjoying upto 4mbps from 256kbps internet speed in the 3G service. Teletalk launched the 3G Service on October 14 last year for the first time in the country on trial basis. Now, the operator is expanding its 3G coverage across the divisional headquarters in phases. l

IDLC and IFAD sign MoU

n Tribune Business Desk

IDLC Finance Ltd and IFAD Autos Ltd recently signed a Memorandum of Understanding (MoU) to provide lease finance to SME customers. Under the MoU, the lease finance will be provided at flexible terms and conditions to the SME to procure commercial vehicles from the IFAD Autos Ltd, said a press release. l

NRB Bank opens main branch

n Tribune Business Desk

NRB Bank has launched its main branch in Gulshan-2 in the city. British High Commissioner, Robert W Gibson CMG formally inaugurated the branch on Sunday, said a press release. The function was attended by, among others, the bank’s founder chairman Iqbal Ahmed OBE, managing director and CEO Muklesur Rahman, other senior officials and local distinguished guests. l


DHAKA TRIBUNE

Business

tuesday, August 6, 2013

Stocks finish higher amid dull trading n Tribune Report Stocks finished higher amid dull trade yesterday, last trading day before the bourses going for a six-day vacation marking the occasion of Eid-ul-fitr. The market witnessed light sales pressure in the early hours but started to see modest buying from mid-session till the end of the day’s closing. The DSEX ended at 3,892 with a gain of 58 points or 1.6%, breaking four-day losing streak. The blue chip index DS30 rose 27 points or 1.9% to 1,468. The Chittagong Stock Exchange (CSE) Selective Categories Index, CSCX, gained 102 points to 7,668. The trading activities remained sluggish as the total DSE turnover stood at Tk2.2bn, a slight increase of 5.6% over the previous session. Out of 279 issues traded, 225 gained, 43 declined and 11 remained unchanged. Last few sessions’ continuous price wane acted as the core catalyst and created some stimulus of undervaluation, which lured some of the witty participants to take position and create a natural re-bounce again, said IDLC Investment in its daily market analysis. As a result, the bourse ended green, it said. Scrip-wise swings were visible from the very beginning and continued throughout the session. Meanwhile, investors were upholding their judgment to be much more careful in respect of their day-to-day trading as they were observing turnaround situations, especially the upcoming political developments. Consequently, participation maintained slower level due to lack of optimistic incen-

tives and investors’ watchful tendency over future directions. Amid the major sectors, Engineering (+1.95%), NBFI (+1.48%) and Fuel & Power (+1.43%) supported today’s rally, whereas Life Insurance (-0.37%) and Telecommunication (-0.22%) disappointed the investors.

NGB Global Bank enlisted as scheduled bank

Oil prices fall despite upbeat Chinese data

n Tribune Report

Bangladesh Bank has enlisted the newly approved NRB Global Bank as a scheduled bank. The central bank issued a circular yesterday based on the government’s gazette notification that came into effect on July 29. Bangladesh Bank on June 17 had approved NRB Global Bank with a banking license. USA-based Awami League leader Nizam Chowdhury is the chairman of the bank while Md Abdul Quddus is its managing director. The central bank on April 2012 had issued letters of intent to the sponsors of the nine proposed banks, including three banks set up by non-resident Bangladeshis. Banks that received license to operate under the Bank Company Act, 1991 (Amended in 2003) are termed as ‘scheduled banks’ and will operate under full control and supervision of Bangladesh Bank as empowered through the Bangladesh Bank Order 1972 and the Bank Company Act 1991. l

Scrip-wise swings were visible from the very beginning and continued throughout the session. Meanwhile, investors were upholding their judgment to be much more careful in respect of their day-to-day trading as they were observing turnaround situations, especially the upcoming political developments

n AFP, London Oil prices fell on Monday despite upbeat economic data from China, as concerns about weak jobs growth in the United States weighed, analysts said. Brent North Sea crude for delivery in September dropped 66 cents to $108.29 a barrel in London deals. New York’s main contract, West Texas Intermediate for September, slid 60 cents to $106.34 a barrel. Banking giant HSBC said on Monday that its purchasing managers’ index (PMI) for the services industry in China stood at 51.3 in July, unchanged from June. A reading above 50 indicates growth, while anything below signals contraction. China’s official non-manufacturing PMI, released over the weekend, came in at 54.1 in July, from 53.9 in the previous month. “The HSBC purchasing managers’ index for the services industry in China remains in

All the major sectors ended in green except Telecommunication which retraced by 0.16%. The highest gainer was Power which advanced 1.51%. It was followed by Banks (+1.45%) and NBFIs (+1.42%). Pharmaceuticals were up by 0.83%. Olympic Industries (+2.7%) was the most traded stock of the day with turnover of Tk214.6m. Mutual funds again dominated the top ten gainer’s chart as five of them featured in the list. The sector was 2.17% up yesterday. Olympic Industries was the most traded stock for the second consecutive day with shares worth Tk217m changing hands. It was followed by Meghna Petrolium, Bangladesh Submarine Cable Company Ltd, Square Pharmaceuticals, Padma Oil, Grameenphone, Jamuna Oil and Argon Denim. l

an expansionary region, and this has provided support for crude prices,” Lee Chen Hoay, investment analyst at Phillip Futures in Singapore, told AFP. Prices however remained under pressure over concerns about demand in the United States after a lacklustre US jobs report last week. On Friday, the Labor Department said that the United States added 162,000 jobs in July, well below the 175,000 expected on average by analysts. The unemployment rate fell to 7.4% from 7.6% in June. “The mixed US jobs report came in weaker than expected and that has created a somewhat bearish sentiment about demand for crude,” Desmond Chua, market analyst at CMC Markets told AFP. Oil prices had rallied last week on the back of strong manufacturing data from oil guzzlers the US and China, with Brent crude reaching a near four-month high above $110 a barrel before giving way in the wake of Friday’s US employment data. l

3

Dollar falls vs yen; NZ dollar down on dairy export concerns

n Reuters, New York

The dollar slumped against the yen on Monday, remaining under selling pressure after Friday’s jobs figures lessened expectations that the Federal Reserve would start reducing its bond purchases in the near term. US employers slowed their pace of hiring in July, which could make the Fed more cautious about scaling back its monthly $85bn bond-buying program and keep the dollar under pressure. The Fed’s asset purchase program, called quantitative easing, is negative for the dollar as it is tantamount to printing money. Less stimulus, however, could prod a rise in interest rates and potentially make the dollar more attractive for investors. The dollar may bounce on US ISM non-manufacturing data to be released at 10am. “The service sector accounts for nearly 80% of US employment and a pick-up here may be interpreted as bolstering the probability of a reduction in the size of the Federal Reserve’s monthly asset purchases at September’s FOMC meeting,” said Ilya Spivak, currency strategist at DailyFX in New York. “Such an outcome is likely to be broadly supportive for the US dollar, but may weigh on risky assets including shares and cycle-geared commodities (like crude oil),” he said. In early New York trade, the dollar was down 0.3% at 98.62 yen. The big mover of the day was the New Zealand dollar, which tumbled to a one-year low against the U.S. dollar after New Zealand’s major dairy exporter, Fonterra, said it had found bacteria in some of its products that could cause botulism. China halted the import of some dairy products from New Zealand and Australia in response. The New Zealand dollar was down 1% at $0.7756 . Dairy produce accounts for about a quarter of New Zealand’s export earnings and any development that could hurt its exports typically causes the currency to fall. “If this scandal worsens and if more countries put a ban on New Zealand’s dairy imports...then I would imagine the New Zealand dollar would weaken,” said Jane Foley, senior currency strategist at Rabobank, adding it could drop towards $0.7. However, she said the currency would recover if the crisis was managed well by the New Zealand authorities. The kiwi would come under additional pressure if the dollar, which fell after Friday’s below-forecast U.S. jobs data, resumed its recent upward trend. The next key chart support for the New Zealand currency was at the June 1, 2012 low, $0.7456. “There was an exuberance in the market relative to the significance of the milk scandal, but other factors may drive the New Zealand dollar lower in the medium term,” said Hans Redeker, head of global FX strategy at Morgan Stanley. He said New Zealand’s substantial foreign liabilities - it had a current account deficit of 4.8% of GDP at the end of March - made it particularly vulnerable to falls in investor appetite for risk. l


4 HSBC profit jumps on lower costs, bad debts

n AFP, London

Global banking giant HSBC announced on Monday a 22% rise in half-year net profits on lower costs and falling bad-debt charges, while noting that slower Chinese growth was impacting its main market Asia. Profit after tax jumped to $10.28bn (7.73bn euros) in the six months to the end of June compared with the first half of 2012, the British bank and Europe’s biggest said in an earnings statement. The result came in slightly below analysts’ consensus forecast of profit after tax totalling $10.52bn, according to a survey by Dow Jones Newswires, causing the bank’s share price to slide in London deals. “These results confirm the value which is being delivered from the continuing reshaping of the group and from enforcing appropriate cost discipline,” chairman Douglas Flint said in the bank’s earnings statement. HSBC added that its pre-tax profit rose 10% to $14.1bn in the first half, while total operating expenses decreased 13%. Charges for bad and doubtful loans and other credit risk provisions dropped to $3.1bn. “HSBC’s performance during the first six months of 2013 reflected the trends we saw in the first quarter,” HSBC chief executive Stuart Gulliver said in the earnings statement. “Economic growth remained muted and regulatory changes continued to impact available returns.” Regarding the outlook, HSBC said that “despite slower growth in the short term, the long-term economic trends remain intact”. But Gulliver sounded a note of caution over China, where the economy is growing at a slower pace. In China, the world’s second-biggest economy, “the new emphasis on the quality rather than the quantity of growth is shifting the policy balance away from stimulus and towards reform”, he said. “We believe this is likely to limit the pace of China’s growth to 7.4% for 2013 and 2014, which is already being reflected in more modest growth figures in other markets, particularly in Asia.” Headquartered in London, HSBC was founded in Hong Kong and sees Asia as its main market. It has slashed costs by billions of dollars and axed tens of thousands of jobs since 2011 under a massive restructuring of the group. HSBC’s share price dropped in reaction to Monday’s results, showing a loss of 2% at 739.6 pence in morning trade on London’s benchmark FTSE 100 index, which was up 0.44%. “Perhaps the only slight surprise in these numbers is the immediate share price reaction, which has drifted south,” said Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers. “The key metrics of headline profit, costs, impairments, return on capital and the capital cushion all remain strong or improving.” HSBC said that its core tier one capital ratio stood at 12.7 percent at the end of June. EU Supervisor, the European Banking Authority, requires core capital to amount to 9.0 percent of the risks being carried by a bank based within the region, subject to a weighting of each category of risk. l

Business Cross currents to slow but not halt Chinese growth DHAKA TRIBUNE

tuesday, August 6, 2013

n Reuters, London China’s monthly data deluge is likely to confirm that the world’s second-largest economy is still moving down through the gears but is not about to come to a screeching halt. Beijing is walking a fine line. The leadership has underlined its determination to hit this year’s 7.5% growth goal by fine-tuning polices to help industries work more efficiently. But it is willing to accept some slowdown to wean the economy off credit-driven investment. These cross currents were reflected in a mixed pair of manufacturing reports last week. The purchasing managers’ survey conducted by information provider Markit fell, while the one issued by the government - preferred by many economists - rose. “At the moment it does feel, if anything, as though things are getting weaker rather than stabilizing,” said Stephen Green, an economist with Standard Chartered Bank in Hong Kong. “But the PMI was telling us that China is not collapsing.” Slower wage growth signals a less-vibrant job market, while vested state interests are stifling small and medium-sized firms, Green said. But project approvals have been rising since the spring and the housing market is steadying. What’s more, China’s statistics do a poor job of capturing the services sector and the growth of business start-ups. Figures due this week are likely to show little change in the growth rate of industrial production, investment and retail sales, while Green said exports may well post another drop.

Photo of downtown Shanghai from the top Shanghai Tower, which is undergoing construction, during a media tour Reuters China’s customs authorities are still reversing fictitious shipments from earlier in the year when firms inflated reported exports to seize yuan arbitrage opportunities in Hong Kong. Andy Rothman, a macro strategist for brokers CLSA in Shanghai, said the economy was not showing signs of either regaining speed or slowing more sharply. Full-year growth was likely to be 7.5 percent, down from 7.8 percent in 2012. “The Party leadership is comfortable with this gradual deceleration and is focused on longer-term structural reforms, not on shortterm stimulus,” he said. Pessimists zero in on China’s galloping cred-

Sri Lanka launches Chinese built mega port n AFP, Colombo Sri Lanka Monday launched a China-funded port which will be the island’s biggest and is intended to make Colombo a strategic shipping hub along the world’s most lucrative trading route. President Mahinda Rajapakse commissioned the $500m Chinese-built mega container terminal by symbolically loading the first container onto a ship in a ceremony broadcast live on national TV. Monday’s launch is part of an ambitious programme by the state-run Sri Lanka Ports Authority (SLPA) to expand Colombo harbour, which is located half way along the East-West sea trading route. “We want to capitalise on the geographic location of Sri Lanka and pass on the economic benefit to our people,” Rajapakse said after formally commissioning the Chinese-run Colombo International Container Terminal. The terminal is 85% owned by state-run China Merchant Holdings International, with the rest owned by the SLPA. It is designed to

handle mega ships with a capacity of over 18,000 containers - a first for Sri Lanka. The involvement of China Merchant comes after Beijing sealed a deal in January to acquire Pakistan’s Gwadar port. It is also building a $14m “dry port” in the Nepalese city of Larcha near Tibet. The Chinese investment in Sri Lanka has raised fears in India about its influence in the neighbourhood, but SLPA has insisted that India haa nothing to fear. SLPA chief Priyath Bandu Wickrama told AFP last week that no port in Sri Lanka would be utilised for military purposes. He also noted that much of the transhipments through Colombo were Indian cargo. Just next to the new terminal, the SLPA is building another mega terminal which is expected to raise Colombo’s container handling capacity by 1.6 million containers to over 6.1 million containers annually by April. The mega port is protected by a 6.8 kilometre (4.25 mile) tsunami-resistant breakwater which the SLPA built with $300m borrowed from the Asian Development Bank and $100m of its own money. l

it growth, which they say has paid for wasteful investments that have added to industrial overcapacity and will spawn bad loans. But Rothman points to evidence that the economy is gradually shifting towards consumption from heavy industry. He said growth in the tertiary sector, which includes services, retail sales and real estate and accounts for 45% of China’s economy, accelerated in the first half of the year. The rebalancing drive is sending ripples round the world, especially in commodity-producing nations that have fed Chinese industry’s hitherto insatiable appetite for raw materials. l

Beijing invites foreign bids for $55bn in infrastructure projects

n Reuters, Shanghai

Beijing’s Commission of Reform and Development, the city’s economic planner, will invite foreign investors to bid on 126 urban infrastructure projects collectively seeking 338bn yuan ($55bn) in financing, the China Daily said on Monday. The projects include rail transport, roads, rail transit complexes, drainage treatment facilities, waste disposal and heat supply. The report said private bids will be treated on an equal footing with bids from state-owned firms, and predicted an internal return rate of 8 percent. “The Beijing government will take measures to ensure investors get a reasonable return,” the report quoted Yang Xihui, commissioner of the economic planning agency, as saying. Policymakers in China are struggling with a quandary; they want to increase infrastructure spending to prop up economic growth rates which have been sagging this year, but they don’t want to put more high-risk debt on the books of Chinese banks, which are still struggling to digest the bad loans made during the last infrastructure binge in 2009-2010. l


DHAKA TRIBUNE

Business

tuesday, August 6, 2013

Euro zone retail sales back in decline in June, France a bright spot n Reuters, Brussels Retail sales in the euro zone fell broadly for the first time in three months in June, data showed, highlighting the drag of depressed household spending on the bloc’s fragile recovery. The European Central Bank is hoping for a gradual improvement later this year in the health of the 17-member single currency area, which is likely to be driven mainly by exports and low interest rates. France bucked the trend by registering an increase in retail trade, but for the bloc as a whole volumes fell 0.5% on the month, in line with expectations. That followed a revised 1.1% rise in May, the EU’s statistics office Eurostat said on Monday. The euro zone is in its longest recession since the creation of the euro in 1999, which has led to record high jobless rates and left households with less cash to spend. Retail sales dropped by 0.9% on the year, against expectations of a 1.2% decline by economists polled by Reuters, following a revised 0.3% increase in May. “The negative retail sales growth figure in June is probably just a correction after the strong increase in May and not the start of a renewed downward trend,” said Peter Vanden Houte, chief euro zone economist at ING. Shoppers in the euro zone spent more on automotive fuel in June, but it was not enough to offset a 0.6% drop in spending on food, drink and tobacco and a 0.2% decrease in purchases of other items such as electronics, clothing and internet goods.

BMW China venture to recall more than 140,000 cars: officials

n AFP, Shanghai

A Chinese joint venture of German car maker BMW will recall more than 140,000 cars in the world’s largest auto market over power steering defects, China’s quality watchdog said Monday. BMW Brilliance Automotive will next month start recalling 143,215 5-series cars made in the three years from August 2009, the General Administration of Quality Supervision, Inspection and Quarantine of China said in a statement. BMW Brilliance, a 50-50 joint venture with Brilliance China Automotive Holdings, will replace defective plugs on the vehicles that could cause safety hazards, the quality inspector said. The planned recall comes after BMW in late July failed to get Chinese government approval for a 9.2bn yuan ($1.5bn) plant expansion scheme in the northern city of Shenyang. In a statement posted on July 26, China’s environmental protection ministry said it had rejected a BMW Brilliance proposal to expand a production facility as it failed to pass environmental tests. l

Retail sales in the bloc’s largest economy Germany fell 1.5%, the biggest monthly drop since December last year. France, the second largest, registered a 0.6% increase. Consumer spending data last week from French statistics office Insee, which unlike Eurostat includes energy costs, showed a fall of 0.8%. The euro zone as a whole registered a modest rise over the second quarter which Howard Archer, IHS European economist,

A man shops at a supermarket in London

said could indicate an improving consumer mood. In June, unemployment rates fell for the first time in more than two years, adding to signs the bloc may make a muted economic recovery later this year. To aid that process, the ECB cut its main interest rate to a record low of 0.5% in May and has said it will keep rates low for an extended period, in part to boost weak consumer spending. l

REUTERS

With few big deals, private equity moves to be Asia’s new banker n Reuters, Hong Kong In three years, global private equity firm KKR & Co has provided over $1.5bn in loans to companies in India, a business traditionally handled by state-owned and private sector banks. Encouraged by that success, KKR - which rose to prominence with its hostile $25bn takeover of US food and tobacco giant RJR Nabisco in 1989 - plans to expand the niche business in China and across Asia. The move by private equity into lending comes at a time when buyout deals in Asia are few and far between and as traditional banks retreat. Apollo Global Management, KKR and Olympus Capital are raising credit funds as they seek out alternative sources of income. At least $6.6bn is being raised by 12 funds for investment in Asia, according to Private Equity International and Thomson Reuters data. At the same time, credit across Asia has grown tight, leaving small businesses and family-owned firms short of capital as the big banks focus their attention on top-tier clients.

The business model adopted by private equity in Asia is very different to that in the United States and Europe, where private equity makes its profits through large buyouts. In Asia, loans as small as $50m are a growing part of KKR’s business as it expands a model developed by its India head, Sanjay Nayar, who was Citigroup’s (C.N) former Asia CEO. “This country is going to take time to develop into a sophisticated private equity market. There’s no point in having a single product strategy,” said Nayar. Big buyouts are rare in Asia, but the region’s millions of small entrepreneurs are starved of capital for businesses from farming to software development. And powerful families that dominate Asia’s emerging economies are reluctant to sell stakes in their businesses, but will take a loan. The next wave of credit funds is expected to target China, where global firms are studying a little-known, but high-risk strategy that would allow them to get money into the mainland to provide high-interest loans to China’s cash-starved small- and mid-sized business. l

5

How France’s Hollande plans to win his bet on jobs

n Reuters, Paris Defying all predictions by the IMF, the European Commission and the bulk of private economists, President Francois Hollande is still banking on a turnaround in French unemployment by the end of the year. Not only that, he has upped the stakes by making it the top political priority of his Socialist government. “I will be judged on it,” he told the nation in a Bastille Day television interview last month. It is no secret that he plans to use a variety of state-subsidized temporary jobs and training places to ease the strain on jobless claims totals that hit an all-time record of 3.28 million in June. The first test of his plan will come directly after France’s August summer break - when his government believes it will confound the skeptics and start to chip away at jobless totals. “Taken together, these measures will have a major impact over the period up to the end of the year. It will make itself felt on the unemployment trend,” said a government source. Hollande’s plan is simple. Although he insists the French economy is already pointing up after two successive quarters of slight shrinkage, he accepts that it will still not generate enough growth to create jobs until the second half of next year. Hence the plan to stimulate the jobs market right now. When French children return to school in September, they will be welcomed by an army of 30,000 new classroom minders and playground assistants in many cases taken straight from the dole queues. Such public sector posts are a category of jobs whose average duration will be doubled to 12 months. Add to these the so-called “jobs of the future” which the government will fund to help unqualified youths aged between 16 and 25 take up jobs in the health, charitable and other non-commercial sectors. After a slow start, the government estimates 2,500 such contracts are now being signed a week and expects to get close to a year-end target of 100,000. The third major lever will be a new tranche of training schemes aimed at matching the unemployed with the several hundred thousand job vacancies currently unfilled in France because of a skills mismatch. Hollande expects to fill 30,000 such posts this year and 70,000 more in 2014. Finally, Hollande wants to encourage the private sector to take on 70,000 young people by giving companies financial incentives to train a young worker to replace an employee heading into retirement. There is no official forecast for how many jobless claims will be wiped out by these measures. Nor has the government disclosed the overall cost of the scheme, which will depend ultimately on how many jobs are taken up. National statistics agency INSEE has forecast that unemployment will keep increasing throughout the year to hit 11.1% by year-end, just shy of the record 11.2 %of 1997, with the state-subsidized jobs slowing the increase but not enough to actually cut the unemployment rate. l


6

Share

DHAKA TRIBUNE

tuesday, August 6, 2013

DSE Broad Index: 3891.98 ⇑ 1.52% Turnover: 2152.00 M.Tk ⇑ 5.59%, PE: 12.11 Turnover 2,313.73 MTk. ⇑ 5.04% August 5, 2013 MarketCap. 1,885.96 BTk. ⇑ 1.13% CSE All Share Index: 12088 ⇑ 1.32% Turnover: 161.72 M Tk. ⇓ 1.70%, PE: 12.00 Combined Turnover Leader Olympic Ind. -A

965639

Meghna Petroleum -A

671286

BD Submarine Cable-A

503430

Square Pharma -A

535090

Padma Oil Co. -A

CompanyCode | EPS | BV | Volume Traded (Share) DSE/CSE: ClosePrice ⇓/⇑ Chn % | Avg.Price | Hi / Lo

BANK ABBANK | 2.95 | 32.60 | Vol. 120006 D: 24.60 ⇑ 3.80% | 24.33 | 26.00 / 22.00 C: 24.50 ⇑ 4.26% | 24.25 | 24.60 / 23.90 CITYBANK | 1.15 | 25.97 | Vol. 287049 D: 16.70 ⇑ 3.09% | 16.55 | 17.80 / 15.00 C: 16.90 ⇑ 3.05% | 16.67 | 17.00 / 16.00 IFIC | 1.10 | 18.34 | Vol. 808994 D: 21.70 ⇑ 2.84% | 21.45 | 23.20 / 19.90 C: 21.90 ⇑ 3.79% | 21.49 | 22.00 / 21.10 ISLAMIBANK | 3.78 | 27.16 | Vol. 200945 D: 36.20 ⇑ 1.12% | 36.03 | 36.50 / 34.00 C: 36.30 ⇑ 1.40% | 36.09 | 36.50 / 35.50 NBL | 1.05 | 15.76 | Vol. 1700044 D: 11.80 ⇑ 2.61% | 11.71 | 11.90 / 10.90 C: 11.90 ⇑ 1.71% | 11.82 | 12.00 / 11.60 PUBALIBANK | 1.92 | 21.18 | Vol. 205907 D: 30.60 ⇓ 0.97% | 30.81 | 32.30 / 28.00 C: 31.10 ⇑ 1.97% | 30.93 | 31.50 / 30.60 RUPALIBANK | 6.70 | 64.27 | Vol. 40400 D: 59.50 ⇑ 2.23% | 59.06 | 61.00 / 58.50 C: 60.20 ⇓ 2.59% | 60.25 | 60.40 / 60.10 UCBL | 1.90 | 21.72 | Vol. 1229866 D: 18.30 ⇑ 1.10% | 18.32 | 19.00 / 16.30 C: 18.20 ⇑ 0.55% | 18.19 | 18.30 / 18.00 UTTARABANK | 3.42 | 26.97 | Vol. 129241 D: 25.10 ⇑ 0.80% | 25.01 | 27.00 / 22.50 C: 25.20 ⇑ 0.80% | 25.10 | 25.40 / 24.90 ICBIBANK | -1.60 | -13.03 | Vol. 60000 D: 6.00 ⇑ 5.26% | 5.97 | 6.20 / 5.80 EBL | 3.91 | 28.22 | Vol. 44600 D: 26.40 ⇓ 1.12% | 26.46 | 26.50 / 26.00 ALARABANK | 2.03 | 14.91 | Vol. 594480 D: 14.80 ⇑ 1.37% | 14.86 | 15.00 / 13.20 C: 14.80 ⇑ 2.78% | 14.80 | 14.90 / 14.80 PRIMEBANK | 2.89 | 22.40 | Vol. 68023 D: 21.00 ⇑ 3.96% | 20.73 | 21.60 / 19.50 C: 20.40 ⇓ 0.97% | 20.41 | 21.00 / 20.20 SOUTHEASTB | 1.89 | 22.66 | Vol. 285889 D: 16.20 ⇑ 1.25% | 16.19 | 16.50 / 14.50 C: 16.30 ⇑ 1.24% | 16.14 | 16.30 / 16.00 DHAKABANK | 1.46 | 18.08 | Vol. 147188 D: 20.30 ⇑ 4.10% | 19.95 | 20.80 / 18.00 C: 19.90 ⇑ 0.51% | 19.90 | 21.60 / 19.50 NCCBANK | 1.90 | 15.88 | Vol. 382009 D: 12.00 ⇑ 1.69% | 11.93 | 12.50 / 11.00 C: 12.20 ⇑ 1.67% | 12.17 | 12.40 / 11.80 SIBL | 2.05 | 14.47 | Vol. 412427 D: 12.50 ⇑ 0.00% | 12.54 | 12.80 / 12.00 C: 12.70 ⇑ 0.79% | 12.50 | 12.80 / 12.40 DUTCHBANGL | 11.57 | 54.27 | Vol. 16830 D: 98.30 ⇓ 0.30% | 98.20 | 98.70 / 90.00 MTBL | 1.17 | 17.27 | Vol. 36600 D: 14.50 ⇓ 2.03% | 14.54 | 14.90 / 13.40 STANDBANKL | 2.33 | 14.41 | Vol. 277593 D: 13.50 ⇑ 0.75% | 13.45 | 13.70 / 12.80 C: 13.80 ⇑ 2.99% | 13.76 | 13.90 / 13.20 ONEBANKLTD | 2.35 | 15.34 | Vol. 414792 D: 15.10 ⇑ 0.67% | 14.99 | 15.70 / 13.50 C: 15.00 ⇓ 0.66% | 15.02 | 15.20 / 14.00 BANKASIA | 1.35 | 20.80 | Vol. 11935 D: 18.10 ⇓ 0.55% | 18.01 | 18.30 / 16.80 C: 18.00 ⇑ 1.12% | 18.00 | 18.00 / 18.00 MERCANBANK | 2.07 | 16.59 | Vol. 197904 D: 12.00 ⇑ 2.56% | 11.94 | 12.10 / 11.00 C: 12.00 ⇑ 1.69% | 11.89 | 12.00 / 11.00 EXIMBANK | 1.80 | 14.31 | Vol. 575259 D: 12.00 ⇑ 2.56% | 11.91 | 12.30 / 11.00 C: 12.10 ⇑ 3.42% | 11.95 | 12.10 / 11.00 JAMUNABANK | 2.47 | 18.56 | Vol. 393498 D: 14.00 ⇑ 0.00% | 13.99 | 14.10 / 12.60 C: 14.10 ⇑ 1.44% | 14.05 | 14.30 / 14.00 BRACBANK | 1.51 | 24.87 | Vol. 151802 D: 29.40 ⇑ 2.44% | 29.11 | 29.90 / 26.00 C: 29.90 ⇑ 1.36% | 29.38 | 29.90 / 28.00 SHAHJABANK | 2.61 | 14.47 | Vol. 408518 D: 14.70 ⇑ 2.80% | 14.50 | 14.80 / 13.00 C: 14.70 ⇑ 3.52% | 14.50 | 14.80 / 14.00

Vol.

287952

TO M. Tk. 218.25 177.85 147.35 116.50 96.73

% of TTL 9.43 7.69

Avg. P 226.02 264.94

6.37

292.7

5.04

217.72

4.18

PREMIERBAN | 1.18 | 13.95 | Vol. 441801 D: 10.20 ⇑ 2.00% | 10.11 | 10.50 / 9.00 C: 10.20 ⇑ 0.99% | 10.19 | 10.30 / 9.50 TRUSTBANK | 0.50 | 18.00 | Vol. 53915 D: 17.80 ⇑ 2.89% | 17.82 | 18.20 / 16.80 C: 17.40 ⇑ 1.75% | 17.39 | 17.40 / 17.00 FIRSTSBANK | 1.85 | 13.89 | Vol. 113443 D: 12.30 ⇑ 1.65% | 12.32 | 13.00 / 11.00 C: 12.30 ⇑ 0.00% | 12.29 | 12.40 / 12.10 NON BANKING F I IDLC | 4.43 | 29.18 | Vol. 196325 D: 55.60 ⇑ 1.09% | 55.59 | 57.00 / 49.50 C: 54.90 ⇓ 0.90% | 54.99 | 55.70 / 54.70 ULC | 1.80 | 14.90 | Vol. 52574 D: 26.80 ⇑ 0.75% | 26.71 | 27.20 / 25.00 UTTARAFIN | 7.16 | 41.54 | Vol. 47166 D: 74.90 ⇑ 2.18% | 74.17 | 76.00 / 69.80 C: 73.80 ⇑ 0.68% | 73.85 | 74.50 / 73.00 MIDASFIN | -1.99 | 10.05 | Vol. 17940 D: 29.50 ⇓ 3.28% | 29.84 | 31.00 / 28.50 C: 34.00 ⇓ 8.11% | 34.00 | 34.00 / 34.00 FLEASEINT | 2.34 | 13.93 | Vol. 126000 D: 24.20 ⇓ 0.41% | 24.15 | 24.60 / 23.90 C: 26.00 ⇑ 6.56% | 25.95 | 26.00 / 25.90 PLFSL | 1.37 | 17.48 | Vol. 341536 D: 22.90 ⇑ 2.23% | 22.72 | 23.50 / 20.20 C: 23.30 ⇑ 3.56% | 23.22 | 23.40 / 22.50 PRIMEFIN | 0.87 | 17.88 | Vol. 155146 D: 24.80 ⇑ 2.48% | 24.69 | 25.10 / 24.00 C: 25.00 ⇑ 4.17% | 24.78 | 25.10 / 24.20 PREMIERLEA | 0.10 | 11.37 | Vol. 122000 D: 10.50 ⇓ 0.94% | 10.52 | 10.70 / 10.40 C: 10.90 ⇓ 0.91% | 10.91 | 11.00 / 10.70 ISLAMICFIN | 1.03 | 15.48 | Vol. 178663 D: 15.20 ⇑ 2.01% | 15.13 | 15.40 / 14.00 C: 14.90 ⇑ 0.68% | 14.94 | 15.10 / 14.80 LANKABAFIN | 1.61 | 31.07 | Vol. 446383 D: 46.80 ⇑ 3.54% | 45.89 | 47.30 / 40.70 C: 47.00 ⇑ 2.17% | 46.26 | 47.00 / 45.50 BIFC | 0.15 | 18.58 | Vol. 105150 D: 12.70 ⇓ 1.55% | 12.71 | 13.00 / 11.70 C: 12.90 ⇓ 8.51% | 12.90 | 13.10 / 12.80 IPDC | 1.23 | 19.43 | Vol. 15165 D: 16.20 ⇑ 2.53% | 16.25 | 17.00 / 15.00 C: 16.20 ⇑ 0.00% | 16.15 | 16.20 / 16.10 UNIONCAP | 0.54 | 17.85 | Vol. 248475 D: 27.60 ⇑ 0.36% | 27.69 | 28.90 / 26.00 C: 28.40 ⇑ 0.00% | 28.00 | 28.40 / 28.40 BDFINANCE | 0.57 | 14.77 | Vol. 92337 D: 17.50 ⇑ 2.94% | 17.34 | 17.80 / 16.00 C: 17.60 ⇑ 2.92% | 17.56 | 17.70 / 17.40 ILFSL | 0.35 | 12.19 | Vol. 353500 D: 12.00 ⇑ 0.84% | 11.98 | 12.40 / 11.80 C: 12.30 ⇑ 0.82% | 12.17 | 12.40 / 12.00 PHOENIXFIN | 2.46 | 19.39 | Vol. 144337 D: 30.20 ⇑ 1.00% | 30.06 | 31.30 / 29.00 C: 31.00 ⇓ 9.88% | 31.00 | 31.00 / 31.00 FASFIN | 0.19 | 13.56 | Vol. 307442 D: 13.30 ⇑ 1.53% | 13.34 | 13.70 / 12.50 C: 13.50 ⇑ 2.27% | 13.48 | 13.60 / 13.40 DBH | 3.40 | 16.80 | Vol. 42575 D: 61.90 ⇑ 2.15% | 62.15 | 65.00 / 60.00 C: 61.00 ⇑ 3.39% | 61.00 | 61.00 / 61.00 NHFIL | 0.57 | 12.70 | Vol. 80545 D: 27.80 ⇑ 2.58% | 27.50 | 28.00 / 25.00 C: 27.90 ⇑ 1.45% | 27.90 | 28.50 / 27.50 BAYLEASING | 0.72 | 25.55 | Vol. 59060 D: 28.30 ⇑ 2.54% | 27.95 | 28.50 / 27.00 C: 28.00 ⇑ 2.94% | 27.90 | 28.00 / 26.00 ICB | 109.65 | 595.98 | Vol. 4907 D: 1814 ⇑ 1.17% | 1804 | 1826 / 1785 GSPFINANCE | 1.63 | 22.23 | Vol. 29850 D: 23.80 ⇑ 3.48% | 23.53 | 24.10 / 22.00 C: 23.50 ⇓ 2.08% | 23.43 | 23.50 / 22.00 INVESTMENT 1STICB | 64.70 | 137.05 | Vol. 300 D: 889.9 ⇓ 0.88% | 890.00 | 893.4 / 880.0 4THICB | 23.40 | 58.63 | Vol. 400 D: 198.5 ⇓ 3.50% | 197.50 | 200.0 / 198.0

335.91

DSE Loser

DSE Gainer

C%

A%

CP

Renwick Jajneswar-A

9.16

7.53

141.80

ICB AMCL 1st M F-A

7.82

5.02

53.80

BEXIMCO Ltd.-A

7.57

4.17

34.10

In Tech Online-A

7.50

4.73

12.90

NLI 1st M F-A

7.41

6.30

11.60

5THICB | 18.93 | 41.95 | Vol. 200 D: 171.0 ⇓ 2.95% | 171.00 | 171.0 / 171.0 6THICB | 10.58 | 26.73 | Vol. 30700 D: 74.30 ⇓ 1.72% | 74.64 | 76.00 / 73.70 C: 75.00 ⇑ 0.00% | 75.00 | 75.00 / 75.00 7THICB | 13.47 | 32.05 | Vol. 500 D: 100.0 ⇓ 6.19% | 100.00 | 100.0 / 100.0 8THICB | 12.33 | 29.54 | Vol. 13000 D: 76.80 ⇓ 2.04% | 76.77 | 77.50 / 76.00 1STBSRS | 14.43 | 161.88 | Vol. 10000 D: 97.80 ⇓ 2.49% | 97.90 | 100.0 / 94.20 AIMS1STMF | 2.27 | 15.70 | Vol. 265850 D: 46.70 ⇑ 1.30% | 46.38 | 47.00 / 45.00 C: 47.50 ⇑ 2.81% | 47.12 | 47.80 / 46.00 ICBAMCL1ST | 7.14 | 48.54 | Vol. 69500 D: 53.80 ⇑ 7.82% | 52.91 | 54.50 / 50.30 ICBISLAMIC | 2.21 | 26.81 | Vol. 9500 D: 21.60 ⇑ 3.35% | 21.68 | 22.00 / 21.10 GRAMEEN1 | 6.26 | 33.23 | Vol. 143500 D: 50.00 ⇑ 5.26% | 49.32 | 50.50 / 46.90 C: 49.90 ⇑ 8.01% | 49.47 | 50.00 / 48.10 ICB1STNRB | 4.06 | 35.31 | Vol. 118500 D: 30.50 ⇑ 7.02% | 30.21 | 31.00 / 28.20 ICB2NDNRB | 2.49 | 16.24 | Vol. 185500 D: 13.70 ⇑ 3.01% | 13.55 | 13.80 / 13.40 C: 13.60 ⇑ 1.49% | 13.49 | 13.60 / 13.40 GRAMEENS2 | 2.17 | 16.41 | Vol. 346700 D: 18.10 ⇑ 4.02% | 17.78 | 18.30 / 16.50 C: 18.00 ⇑ 2.86% | 17.75 | 18.00 / 17.00 1STPRIMFMF | 0.64 | 11.63 | Vol. 279000 D: 17.30 ⇑ 5.49% | 17.16 | 17.70 / 16.70 C: 17.30 ⇑ 7.45% | 17.10 | 17.40 / 16.80 EBL1STMF | 0.99 | 12.62 | Vol. 152500 D: 8.40 ⇑ 2.44% | 8.43 | 8.50 / 8.30 C: 8.30 ⇑ 1.22% | 8.32 | 8.50 / 8.10 ICBAMCL2ND | 0.60 | 12.12 | Vol. 34000 D: 6.30 ⇑ 3.28% | 6.36 | 6.50 / 6.20 C: 6.80 ⇑ 6.25% | 6.80 | 6.80 / 6.80 ICBEPMF1S1 | 0.52 | 11.32 | Vol. 186000 D: 6.30 ⇑ 0.00% | 6.44 | 6.70 / 6.20 C: 6.70 ⇑ 1.52% | 6.67 | 6.80 / 6.60 TRUSTB1MF | 0.61 | 11.65 | Vol. 310000 D: 8.70 ⇑ 4.82% | 8.57 | 8.90 / 8.30 C: 8.80 ⇑ 3.53% | 8.75 | 9.00 / 8.50 PRIME1ICBA | 0.42 | 11.18 | Vol. 49500 D: 6.10 ⇑ 0.00% | 6.14 | 6.30 / 6.10 C: 6.20 ⇑ 0.00% | 6.20 | 6.20 / 6.20 DBH1STMF | -1.12 | 10.15 | Vol. 335000 D: 5.80 ⇑ 1.75% | 5.74 | 5.90 / 5.50 C: 5.80 ⇑ 1.75% | 5.76 | 5.80 / 5.70 IFIC1STMF | 0.47 | 11.88 | Vol. 178000 D: 7.70 ⇑ 2.67% | 7.74 | 7.90 / 7.60 C: 7.90 ⇑ 2.60% | 7.90 | 7.90 / 7.90 PF1STMF | 0.51 | 11.11 | Vol. 151500 D: 5.80 ⇑ 3.57% | 5.72 | 5.90 / 5.60 C: 5.70 ⇑ 1.79% | 5.70 | 5.70 / 5.70 ICB3RDNRB | 0.00 | 10.60 | Vol. 211000 D: 5.70 ⇑ 0.00% | 5.76 | 5.90 / 5.70 C: 6.00 ⇑ 1.69% | 5.86 | 6.00 / 5.80 1JANATAMF | -1.23 | 10.68 | Vol. 110500 D: 6.20 ⇑ 3.33% | 6.18 | 6.30 / 6.00 C: 6.20 ⇑ 1.64% | 6.20 | 6.20 / 6.20 GREENDELMF | -0.82 | 9.72 | Vol. 71500 D: 5.50 ⇑ 1.85% | 5.56 | 5.70 / 5.50 C: 5.60 ⇑ 1.82% | 5.60 | 5.60 / 5.60 POPULAR1MF | -0.47 | 11.38 | Vol. 488500 D: 6.50 ⇑ 1.56% | 6.53 | 6.60 / 6.40 C: 6.60 ⇑ 3.13% | 6.53 | 6.60 / 6.40 IFILISLMF1 | 0.00 | 10.45 | Vol. 195000 D: 5.20 ⇑ 1.96% | 5.26 | 5.40 / 5.20 C: 5.30 ⇑ 1.92% | 5.27 | 5.40 / 5.20 PHPMF1 | -0.67 | 10.92 | Vol. 296000 D: 6.00 ⇑ 1.69% | 5.98 | 6.10 / 5.80 C: 6.00 ⇑ 1.69% | 6.03 | 6.10 / 6.00 AIBL1STIMF | -0.07 | 9.25 | Vol. 122000 D: 6.70 ⇑ 3.08% | 6.75 | 6.80 / 6.60 C: 6.50 ⇑ 0.00% | 6.50 | 6.50 / 6.50 MBL1STMF | -0.16 | 9.08 | Vol. 63500 D: 6.50 ⇑ 3.17% | 6.50 | 6.60 / 6.30 SEBL1STMF | 1.48 | 11.86 | Vol. 611500 D: 10.20 ⇑ 6.25% | 10.07 | 10.40 / 9.70 C: 10.10 ⇑ 2.02% | 10.08 | 10.50 / 9.90

Familytex (BD) Ltd.-N Savar Refractories-Z Marico BD Ltd-A Apex Spinning-A 7th ICB M F-A

C%

A%

CP

-10.00

-11.36

30.60

-9.87

-9.87

62.10

-6.47

-7.08

611.30

-6.40

-5.79

55.60

-6.19

-6.25

100.00

EBLNRBMF | 0.22 | 10.88 | Vol. 40000 D: 7.80 ⇓ 2.50% | 7.80 | 8.00 / 7.80 RELIANCE1 | 0.35 | 11.36 | Vol. 414000 D: 10.90 ⇑ 3.81% | 10.73 | 11.10 / 10.40 C: 11.30 ⇑ 8.65% | 10.81 | 11.30 / 10.60 LRGLOBMF1 | 0.50 | 10.82 | Vol. 2500 D: 7.20 ⇓ 2.70% | 7.20 | 7.30 / 7.20 ABB1STMF | 0.46 | 10.63 | Vol. 25500 D: 8.50 ⇑ 4.94% | 8.59 | 8.60 / 8.30 NLI1STMF | 0.71 | 10.33 | Vol. 473500 D: 11.60 ⇑ 7.41% | 11.48 | 11.80 / 10.80 C: 11.40 ⇑ 6.54% | 11.45 | 11.70 / 11.10 FBFIF | 0.00 | 10.27 | Vol. 2000 D: 9.80 ⇑ 3.16% | 10.00 | 10.00 / 9.50 NCCBLMF1 | 0.00 | 10.48 | Vol. 6000 D: 9.20 ⇑ 0.00% | 9.17 | 9.70 / 9.00 ICBSONALI1 | 0.00 | 10.39 | Vol. 246000 D: 7.70 ⇑ 2.67% | 7.74 | 7.90 / 7.60 C: 7.80 ⇑ 1.30% | 7.69 | 7.90 / 7.60 EXIM1STMF | 0.00 | 10.91 | Vol. 30500 D: 7.90 ⇑ 2.60% | 7.93 | 8.00 / 7.70 ENGINEERING AFTABAUTO | 4.29 | 52.65 | Vol. 281746 D: 106.1 ⇑ 2.22% | 105.07 | 106.6 / 94.00 C: 106.3 ⇑ 2.11% | 105.28 | 107.0 / 103.0 AZIZPIPES | 0.39 | -42.04 | Vol. 650 D: 15.30 ⇑ 0.00% | 15.38 | 15.40 / 15.30 OLYMPIC | 5.94 | 14.91 | Vol. 965639 D: 227.7 ⇑ 2.66% | 226.03 | 228.3 / 215.0 C: 227.8 ⇑ 3.36% | 225.17 | 229.5 / 219.0 BDLAMPS | -5.31 | 37.07 | Vol. 1050 D: 125.9 ⇑ 1.12% | 126.32 | 127.5 / 122.0 C: 120.6 ⇓ 2.74% | 120.60 | 120.6 / 120.6 ECABLES | 2.04 | 18.87 | Vol. 4000 D: 58.60 ⇑ 0.34% | 58.72 | 59.00 / 58.50 C: 55.40 ⇑ 0.36% | 55.40 | 55.40 / 55.40 SINGERBD | 9.99 | 45.74 | Vol. 56050 D: 185.5 ⇑ 1.03% | 184.85 | 186.6 / 175.0 C: 185.4 ⇓ 0.16% | 184.49 | 186.0 / 182.1 ATLASBANG | 11.98 | 207.70 | Vol. 4833 D: 177.2 ⇑ 1.20% | 176.38 | 179.0 / 165.0 BDAUTOCA | 0.25 | 6.23 | Vol. 1850 D: 21.30 ⇑ 2.90% | 21.62 | 22.10 / 21.20 QSMDRYCELL | 1.65 | 58.49 | Vol. 81000 D: 33.90 ⇑ 3.67% | 33.32 | 34.10 / 32.70 C: 33.40 ⇑ 3.73% | 33.36 | 34.00 / 32.50 RENWICKJA | 5.62 | -90.00 | Vol. 10500 D: 141.8 ⇑ 9.16% | 139.33 | 142.8 / 131.0 NTLTUBES | -2.52 | 312.10 | Vol. 9712 D: 60.30 ⇑ 2.38% | 60.10 | 61.50 / 55.00 BDTHAI | 0.43 | 39.35 | Vol. 41218 D: 19.60 ⇑ 1.55% | 19.61 | 21.00 / 17.40 C: 20.00 ⇑ 5.26% | 19.81 | 20.50 / 19.50 ANWARGALV | 0.51 | 8.08 | Vol. 27000 D: 13.90 ⇓ 1.42% | 14.00 | 14.00 / 13.90 KAY&QUE | -3.89 | 6.03 | Vol. 5500 D: 13.00 ⇑ 0.00% | 13.00 | 13.10 / 13.00 C: 13.40 ⇓ 7.59% | 13.40 | 13.40 / 13.40 RANFOUNDRY | 2.84 | 18.62 | Vol. 63500 D: 62.90 ⇑ 2.28% | 62.98 | 63.40 / 61.60 SALAMCRST | 3.31 | 20.00 | Vol. 123100 D: 37.80 ⇑ 4.13% | 37.27 | 38.40 / 33.00 C: 38.30 ⇑ 4.93% | 38.13 | 38.50 / 37.50 GOLDENSON | 3.70 | 28.70 | Vol. 210764 D: 38.60 ⇑ 0.00% | 38.68 | 39.30 / 35.00 C: 38.70 ⇓ 0.51% | 38.48 | 38.80 / 38.20 BSRMSTEEL | 3.06 | 19.53 | Vol. 71435 D: 69.70 ⇑ 1.75% | 69.59 | 70.00 / 64.00 C: 69.60 ⇑ 1.90% | 69.34 | 69.90 / 68.60 NAVANACNG | 4.09 | 27.04 | Vol. 72285 D: 69.90 ⇑ 4.02% | 68.80 | 70.30 / 62.00 C: 70.00 ⇑ 3.70% | 69.54 | 70.50 / 67.40 DESHBANDHU | 1.16 | 12.02 | Vol. 63678 D: 19.50 ⇑ 1.04% | 19.37 | 19.70 / 18.00 C: 19.70 ⇑ 1.03% | 19.61 | 19.80 / 19.60 GPHISPAT | 2.94 | 14.51 | Vol. 65700 D: 48.20 ⇑ 1.47% | 47.85 | 48.90 / 44.00 C: 49.80 ⇑ 6.64% | 49.80 | 50.00 / 49.60

BENGALWTL | 2.42 | 20.72 | Vol. 96800 D: 42.30 ⇑ 3.17% | 41.74 | 42.80 / 40.90 C: 41.60 ⇑ 0.24% | 41.61 | 42.30 / 40.80 NPOLYMAR | 2.01 | 324.37 | Vol. 19900 D: 40.10 ⇓ 1.23% | 40.10 | 41.00 / 39.40 FOOD & ALLIED APEXFOODS | 2.54 | 90.81 | Vol. 26200 D: 70.50 ⇑ 3.83% | 69.05 | 70.70 / 66.90 BANGAS | 7.20 | 50.27 | Vol. 30685 D: 526.7 ⇓ 3.16% | 527.65 | 541.0 / 510.0 C: 528.3 ⇓ 3.21% | 528.27 | 530.0 / 523.0 BATBC | 65.69 | 117.22 | Vol. 4600 D: 1379 ⇑ 0.48% | 1371 | 1390 / 1350 GEMINISEA | 10.88 | 9.69 | Vol. 100 D: 130.5 ⇓ 3.26% | 130.50 | 130.5 / 130.5 NTC | 29.88 | 110.05 | Vol. 950 D: 832.7 ⇓ 1.35% | 832.63 | 845.0 / 821.0 CVOPRL | 2.66 | 13.28 | Vol. 22000 D: 426.3 ⇑ 2.50% | 424.25 | 427.3 / 416.1 C: 420.0 ⇓ 3.67% | 420.00 | 420.0 / 420.0 AMCL(PRAN) | 6.53 | 53.37 | Vol. 30500 D: 169.9 ⇑ 2.41% | 167.96 | 171.7 / 165.0 C: 170.0 ⇓ 3.41% | 170.00 | 170.0 / 170.0 RAHIMAFOOD | 0.62 | 4.46 | Vol. 6500 D: 14.90 ⇑ 2.76% | 14.92 | 15.10 / 14.70 FUWANGFOOD | 1.26 | 12.37 | Vol. 261804 D: 23.10 ⇑ 2.21% | 22.89 | 23.40 / 20.90 C: 23.10 ⇑ 0.87% | 23.07 | 23.50 / 22.80 MEGHNAPET | -0.58 | -1.02 | Vol. 1500 D: 5.80 ⇑ 1.75% | 6.00 | 5.90 / 5.60 MEGCONMILK | -6.68 | -16.22 | Vol. 6000 D: 7.10 ⇑ 2.90% | 7.17 | 7.20 / 7.10 BEACHHATCH | 1.01 | 12.48 | Vol. 91580 D: 16.40 ⇑ 1.86% | 16.28 | 16.50 / 14.90 C: 16.50 ⇑ 0.61% | 16.39 | 16.50 / 15.00 FINEFOODS | -0.11 | 10.58 | Vol. 7250 D: 16.20 ⇑ 2.53% | 16.11 | 16.40 / 15.00 C: 16.00 ⇑ 0.00% | 14.50 | 16.00 / 16.00 RDFOOD | 0.91 | 16.84 | Vol. 156024 D: 19.90 ⇑ 0.51% | 19.87 | 20.10 / 19.60 C: 20.00 ⇑ 0.50% | 20.18 | 21.40 / 20.00 GHAIL | 1.01 | 22.08 | Vol. 197100 D: 41.80 ⇓ 0.48% | 41.77 | 42.10 / 37.80 C: 42.00 ⇑ 0.24% | 41.96 | 42.20 / 40.00 FUEL & POWER LINDEBD | 31.71 | 144.00 | Vol. 2800 D: 591.7 ⇓ 1.09% | 592.50 | 600.0 / 580.0 PADMAOIL | 16.38 | 43.67 | Vol. 287952 D: 342.0 ⇑ 4.11% | 335.89 | 344.2 / 315.0 C: 340.2 ⇑ 3.34% | 336.12 | 342.9 / 328.0 BDWELDING | 0.33 | 16.82 | Vol. 46982 D: 17.20 ⇑ 1.78% | 17.06 | 17.50 / 15.80 C: 17.00 ⇑ 2.41% | 16.92 | 17.00 / 15.00 SUMITPOWER | 3.17 | 19.26 | Vol. 197502 D: 35.20 ⇑ 2.03% | 34.90 | 36.00 / 31.10 C: 35.10 ⇑ 1.45% | 34.95 | 35.30 / 34.00 DESCO | 2.80 | 35.25 | Vol. 156011 D: 79.30 ⇑ 1.80% | 78.58 | 79.90 / 73.00 C: 79.30 ⇑ 3.52% | 78.47 | 80.00 / 77.70 POWERGRID | 2.56 | 48.08 | Vol. 20500 D: 55.30 ⇑ 0.91% | 55.35 | 56.70 / 55.00 C: 54.30 ⇑ 0.56% | 54.25 | 55.00 / 54.00 JAMUNAOIL | 22.78 | 50.24 | Vol. 304041 D: 227.0 ⇑ 0.98% | 225.96 | 228.4 / 212.0 C: 228.6 ⇑ 1.87% | 227.48 | 229.7 / 224.0 MPETROLEUM | 16.98 | 40.41 | Vol. 671286 D: 269.0 ⇑ 2.75% | 264.90 | 270.9 / 241.0 C: 268.1 ⇑ 2.96% | 266.68 | 269.8 / 261.1 TITASGAS | 9.01 | 36.56 | Vol. 703212 D: 83.10 ⇑ 1.34% | 82.46 | 83.80 / 74.00 C: 83.30 ⇑ 1.71% | 82.68 | 83.70 / 81.60 KPCL | 4.73 | 15.86 | Vol. 462315 D: 51.30 ⇑ 0.00% | 51.28 | 54.00 / 46.20 C: 51.90 ⇑ 1.17% | 51.41 | 52.10 / 51.00 BEDL | 1.57 | 17.89 | Vol. 346878 D: 33.10 ⇑ 0.91% | 33.01 | 33.40 / 30.00 C: 33.40 ⇑ 1.52% | 32.84 | 33.50 / 31.50


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tuesday, August 6, 2013

7

August 05, 2013 Sectotal Index: BANK: 33,596.91 ⇑ 1.43% NBFI: 19,144.13 ⇑ 0.81% INVS: 5,225.34 ⇑ 1.19% ENGG: 5,819.25 ⇑ 2.43% FOOD: 7,100.59 ⇓ 1.26% F&P: 10,607.65 ⇑ 2.04% TEXT: 2,811.00 ⇑ 0.89% PHAR: 16,353.17 ⇑ 1.72% PAPR: 794.67 ⇑ 4.20% SERV: 3,029.52 ⇑ 1.88% LEAT: 4,433.44 ⇓ 0.01% CERA: 472.59 ⇑ 2.72% CMNT: 4,083.55 ⇑ 1.29% INFO: 6,712.98 ⇑ 2.29% GINS: 8,975.38 ⇓ 1.18% LINS: 94,224.52 ⇓ 1.07% TELC: 1,364.69 ⇑ 0.23% MISC: 6,091.60 ⇑ 2.46% MJLBD | 2.73 | 30.24 | Vol. 75470 D: 70.70 ⇑ 0.14% | 70.79 | 71.00 / 65.00 C: 71.30 ⇑ 2.44% | 70.58 | 71.90 / 70.80 GBBPOWER | 1.86 | 22.63 | Vol. 186518 D: 25.30 ⇑ 2.43% | 25.08 | 25.50 / 23.00 C: 25.40 ⇑ 2.42% | 25.08 | 25.80 / 24.80 SPPCL | 3.81 | 23.34 | Vol. 441280 D: 56.60 ⇑ 0.89% | 56.46 | 57.40 / 50.50 C: 56.70 ⇑ 1.07% | 56.51 | 57.20 / 55.30 JUTE JUTESPINN | 2.06 | 17.42 | Vol. 2400 D: 70.80 ⇑ 0.57% | 70.83 | 72.70 / 70.00 SONALIANSH | 5.54 | 218.80 | Vol. 9700 D: 122.7 ⇑ 4.60% | 121.13 | 125.0 / 118.5 TEXTILE AL-HAJTEX | 1.35 | 15.64 | Vol. 2936 D: 54.40 ⇑ 0.93% | 54.50 | 54.90 / 50.00 RAHIMTEXT | 0.51 | 73.88 | Vol. 400 D: 192.3 ⇑ 2.78% | 192.50 | 195.0 / 184.1 SAIHAMTEX | 2.75 | 29.50 | Vol. 231000 D: 30.00 ⇑ 4.53% | 29.59 | 30.50 / 28.80 C: 30.10 ⇑ 4.88% | 29.62 | 30.70 / 28.80 DSHGARME | 0.72 | 12.00 | Vol. 3000 D: 26.50 ⇓ 1.49% | 26.67 | 27.40 / 26.00 DULAMIACOT | -8.46 | -27.78 | Vol. 1300 D: 8.00 ⇓ 1.23% | 7.69 | 8.50 / 7.90 TALLUSPIN | 2.56 | 12.06 | Vol. 364950 D: 33.30 ⇑ 0.91% | 33.20 | 33.80 / 30.00 C: 33.40 ⇑ 1.21% | 33.16 | 33.50 / 32.70 APEXSPINN | 2.01 | 49.32 | Vol. 1000 D: 55.60 ⇓ 6.40% | 56.00 | 57.10 / 54.70 MITHUNKNIT | 4.54 | 30.39 | Vol. 18500 D: 82.10 ⇑ 0.24% | 82.19 | 82.70 / 82.00 C: 82.80 ⇑ 0.00% | 81.78 | 83.00 / 81.00 DELTASPINN | 3.06 | 18.12 | Vol. 123300 D: 31.50 ⇑ 2.27% | 31.11 | 31.70 / 30.70 C: 31.40 ⇑ 1.62% | 31.34 | 32.20 / 30.80 SONARGAON | 0.27 | 34.50 | Vol. 26250 D: 13.00 ⇑ 0.78% | 13.03 | 13.50 / 11.90 C: 13.50 ⇑ 6.30% | 13.50 | 13.50 / 13.50 PRIMETEX | 1.01 | 63.54 | Vol. 57000 D: 22.20 ⇑ 1.37% | 22.22 | 22.50 / 22.00 C: 22.00 ⇑ 0.00% | 22.20 | 23.00 / 22.00 ALLTEX | -0.11 | 23.81 | Vol. 21000 D: 7.30 ⇑ 0.00% | 7.36 | 7.50 / 7.30 C: 7.80 ⇑ 5.41% | 7.66 | 7.80 / 7.30 ANLIMAYARN | 1.19 | 11.01 | Vol. 205100 D: 28.90 ⇑ 3.58% | 28.77 | 29.20 / 27.80 C: 27.20 ⇑ 2.26% | 27.19 | 29.00 / 25.30 HRTEX | 2.08 | 14.92 | Vol. 13000 D: 25.20 ⇑ 1.61% | 25.23 | 25.50 / 24.90 CMCKAMAL | 1.37 | 19.31 | Vol. 362867 D: 24.90 ⇑ 0.40% | 24.88 | 25.10 / 22.40 SAFKOSPINN | 0.95 | 21.78 | Vol. 30410 D: 16.80 ⇑ 1.82% | 16.60 | 17.00 / 15.20 C: 17.00 ⇑ 0.00% | 17.00 | 17.00 / 17.00 SQUARETEXT | 4.32 | 31.82 | Vol. 51995 D: 87.00 ⇑ 0.69% | 87.30 | 88.00 / 77.80 C: 86.40 ⇑ 0.12% | 86.42 | 86.50 / 86.30 METROSPIN | -1.00 | 19.59 | Vol. 56641 D: 14.20 ⇑ 2.16% | 14.19 | 14.50 / 13.50 C: 14.20 ⇑ 2.90% | 14.16 | 14.40 / 14.00 MAKSONSPIN | 0.16 | 20.55 | Vol. 395624 D: 13.20 ⇑ 1.54% | 13.14 | 13.40 / 12.00 C: 13.30 ⇑ 0.76% | 13.20 | 13.40 / 11.90 DACCADYE | 1.21 | 31.13 | Vol. 129656 D: 25.90 ⇑ 1.57% | 25.96 | 26.20 / 25.30 C: 25.90 ⇑ 0.39% | 25.87 | 26.00 / 25.80 RNSPIN | 2.80 | 16.58 | Vol. 1387770 D: 26.60 ⇑ 1.53% | 26.36 | 26.80 / 23.90 C: 26.50 ⇑ 1.15% | 26.30 | 26.70 / 26.00 BXSYNTH | 0.93 | 25.42 | Vol. 327010 D: 14.60 ⇑ 5.80% | 14.32 | 14.90 / 12.50 C: 14.70 ⇑ 4.26% | 14.41 | 15.00 / 14.00 MALEKSPIN | -1.44 | 46.87 | Vol. 329975 D: 26.40 ⇑ 1.93% | 26.17 | 26.50 / 23.40 C: 26.30 ⇑ 1.54% | 26.16 | 26.40 / 25.80 ZAHINTEX | 1.91 | 35.25 | Vol. 215150 D: 30.20 ⇑ 0.67% | 30.03 | 30.90 / 28.50

SAIHAMCOT | 2.48 | 22.87 | Vol. 392750 D: 27.00 ⇑ 3.05% | 26.53 | 27.20 / 26.00 C: 27.10 ⇑ 2.26% | 26.54 | 27.30 / 26.10 GENNEXT | 1.68 | 15.15 | Vol. 562100 D: 20.90 ⇑ 1.95% | 20.85 | 21.10 / 18.50 C: 20.80 ⇑ 1.96% | 20.71 | 20.90 / 20.40 ENVOYTEX | 3.26 | 39.26 | Vol. 391090 D: 47.30 ⇑ 2.16% | 46.93 | 48.50 / 45.00 C: 47.30 ⇑ 1.50% | 46.67 | 47.40 / 46.10 ARGONDENIM | 1.89 | 38.86 | Vol. 1780760 D: 37.10 ⇑ 1.09% | 36.81 | 37.50 / 33.10 C: 36.60 ⇓ 0.27% | 36.84 | 38.00 / 33.10 FAMILYTEX | 3.72 | 14.68 | Vol. 104500 D: 30.60 ⇓ 10.00% | 30.60 | 30.60 / 30.60 C: 30.70 ⇓ 9.71% | 30.67 | 31.00 / 30.60 Pharmaceutical & Chemical AMBEEPHA | 3.94 | 26.15 | Vol. 7203 D: 249.0 ⇓ 3.60% | 249.86 | 262.9 / 245.1 C: 246.0 ⇓ 1.99% | 245.53 | 246.0 / 230.0 BXPHARMA | 3.77 | 52.55 | Vol. 187447 D: 45.60 ⇑ 4.11% | 44.74 | 46.20 / 39.90 C: 45.40 ⇑ 3.42% | 44.68 | 45.80 / 44.00 GLAXOSMITH | 20.25 | 123.32 | Vol. 5350 D: 839.9 ⇑ 1.22% | 832.34 | 869.0 / 800.0 ACI | -5.82 | 126.42 | Vol. 6980 D: 144.9 ⇑ 1.83% | 143.14 | 145.9 / 129.0 C: 145.0 ⇑ 0.00% | 133.00 | 145.0 / 145.0 RENATA | 33.57 | 138.83 | Vol. 58749 D: 672.1 ⇑ 0.51% | 660.54 | 675.0 / 630.0 RECKITTBEN | 27.16 | 78.89 | Vol. 50 D: 696.4 ⇑ 3.48% | 696.40 | 696.4 / 696.4 PHARMAID | 5.06 | 26.30 | Vol. 17550 D: 169.3 ⇑ 0.65% | 168.72 | 171.0 / 165.1 IBNSINA | 3.44 | 34.02 | Vol. 5024 D: 83.20 ⇑ 1.09% | 83.13 | 86.00 / 78.00 C: 82.50 ⇓ 0.36% | 82.50 | 82.50 / 82.50 ORIONINFU | 8.72 | 1.73 | Vol. 16000 D: 39.10 ⇑ 1.56% | 39.04 | 39.90 / 38.50 C: 41.00 ⇑ 2.50% | 41.00 | 41.00 / 41.00 SQURPHARMA | 9.01 | 50.83 | Vol. 535090 D: 219.2 ⇑ 1.72% | 217.73 | 220.0 / 196.7 C: 218.4 ⇑ 1.53% | 217.51 | 219.6 / 213.0 IMAMBUTTON | -1.68 | 5.67 | Vol. 1500 D: 7.00 ⇑ 2.94% | 7.00 | 7.00 / 7.00 KEYACOSMET | 3.19 | 19.99 | Vol. 505247 D: 27.90 ⇑ 1.45% | 27.82 | 28.00 / 26.00 C: 27.90 ⇑ 1.45% | 27.63 | 28.00 / 27.30 BERGERPBL | 32.46 | 100.20 | Vol. 4650 D: 799.2 ⇓ 1.00% | 797.42 | 808.9 / 780.0 ACIFORMULA | 3.33 | 38.08 | Vol. 12100 D: 68.70 ⇑ 1.18% | 68.35 | 70.00 / 67.60 MARICO | 27.53 | 62.47 | Vol. 22100 D: 611.3 ⇓ 6.47% | 608.68 | 620.0 / 604.6 C: 603.8 ⇓ 6.75% | 603.75 | 610.0 / 599.0 BEACONPHAR | 0.33 | 11.97 | Vol. 103100 D: 14.30 ⇑ 2.14% | 14.34 | 14.50 / 14.00 C: 14.50 ⇑ 2.11% | 14.50 | 14.60 / 14.20 ACTIVEFINE | 3.23 | 13.89 | Vol. 301436 D: 82.90 ⇑ 1.22% | 82.52 | 83.30 / 73.80 C: 83.00 ⇑ 2.22% | 83.81 | 84.20 / 81.60 SALVOCHEM | 0.68 | 10.57 | Vol. 116564 D: 18.00 ⇑ 4.65% | 17.83 | 18.30 / 15.50 C: 17.90 ⇑ 3.47% | 17.77 | 17.90 / 17.00 GHCL | 2.14 | 57.31 | Vol. 21250 D: 42.00 ⇑ 1.45% | 42.00 | 42.30 / 41.70 C: 42.50 ⇑ 2.16% | 42.15 | 42.70 / 41.90

ORIONPHARM | 5.02 | 68.68 | Vol. 361780 D: 63.60 ⇑ 0.95% | 63.16 | 63.90 / 56.70 C: 63.60 ⇑ 0.95% | 63.39 | 65.00 / 57.50 JMISMDL | 1.12 | 12.83 | Vol. 47000 D: 83.30 ⇑ 2.84% | 83.52 | 85.50 / 81.20 C: 83.40 ⇑ 2.08% | 83.32 | 84.90 / 82.00 SERVICE SAMORITA | 2.31 | 17.25 | Vol. 686 D: 72.00 ⇑ 0.00% | 69.89 | 72.00 / 68.00 C: 74.40 ⇑ 13.59% | 74.40 | 74.40 / 74.40 SAPORTL | 1.23 | 38.39 | Vol. 39408 D: 24.80 ⇑ 3.33% | 24.60 | 25.40 / 22.00 C: 24.80 ⇑ 2.90% | 24.71 | 25.00 / 24.30 EHL | 2.87 | 18.48 | Vol. 62978 D: 45.60 ⇑ 0.88% | 45.55 | 45.90 / 45.00 C: 45.80 ⇑ 0.88% | 45.89 | 47.00 / 45.50 LEATHER APEXTANRY | 7.07 | 66.44 | Vol. 42200 D: 89.50 ⇑ 1.82% | 89.35 | 90.50 / 87.60 C: 88.70 ⇑ 0.57% | 88.22 | 89.90 / 85.50 BATASHOE | 49.12 | 135.53 | Vol. 2000 D: 611.7 ⇓ 0.73% | 611.50 | 621.9 / 603.0 APEXADELFT | 23.01 | 203.26 | Vol. 34000 D: 290.8 ⇑ 1.50% | 287.24 | 294.9 / 284.9 LEGACYFOOT | 0.63 | 17.19 | Vol. 17650 D: 13.10 ⇑ 0.77% | 13.13 | 13.50 / 12.40 C: 12.90 ⇑ 0.00% | 12.99 | 13.00 / 12.90 SAMATALETH | -0.07 | 12.08 | Vol. 500 C: 9.00 ⇓ 9.09% | 9.00 | 9.00 / 9.00 CERAMIC MONNOCERA | 0.71 | 96.33 | Vol. 9650 D: 25.80 ⇓ 0.39% | 26.84 | 27.70 / 25.70 FUWANGCER | 1.43 | 13.25 | Vol. 77500 D: 17.50 ⇑ 2.34% | 17.42 | 17.60 / 17.20 C: 17.30 ⇓ 1.14% | 17.28 | 17.30 / 17.20 SPCERAMICS | 0.62 | 30.92 | Vol. 171550 D: 15.30 ⇑ 3.38% | 15.14 | 15.60 / 14.00 C: 15.40 ⇑ 4.05% | 15.30 | 15.50 / 15.00 RAKCERAMIC | 1.98 | 16.76 | Vol. 32716 D: 49.80 ⇑ 1.43% | 49.54 | 54.00 / 44.20 C: 50.40 ⇑ 3.49% | 50.40 | 50.80 / 49.50 CEMENT HEIDELBCEM | 22.85 | 111.50 | Vol. 17100 D: 307.1 ⇑ 0.29% | 307.94 | 310.8 / 304.0 C: 300.1 ⇑ 0.00% | 300.10 | 300.1 / 300.1 CONFIDCEM | 6.23 | 90.76 | Vol. 189768 D: 124.6 ⇑ 3.40% | 122.76 | 126.1 / 115.0 C: 124.5 ⇑ 2.72% | 122.93 | 125.5 / 120.6 MEGHNACEM | 6.28 | 33.81 | Vol. 29600 D: 117.6 ⇑ 1.91% | 117.46 | 119.0 / 115.0 C: 116.6 ⇑ 0.78% | 116.36 | 117.0 / 116.0 ARAMITCEM | 3.03 | 14.65 | Vol. 28500 D: 67.20 ⇑ 1.20% | 66.60 | 67.90 / 66.00 LAFSURCEML | 1.60 | 7.22 | Vol. 577500 D: 31.90 ⇑ 0.95% | 32.08 | 32.50 / 31.50 C: 32.20 ⇑ 1.58% | 32.19 | 32.60 / 31.80 MICEMENT | 4.14 | 40.00 | Vol. 74582 D: 88.00 ⇑ 1.85% | 87.44 | 89.00 / 81.00 C: 88.00 ⇑ 0.92% | 87.69 | 90.00 / 78.50 PREMIERCEM | 3.59 | 22.92 | Vol. 188000 D: 116.3 ⇑ 3.01% | 115.35 | 119.0 / 110.8 C: 115.6 ⇑ 2.12% | 115.55 | 116.0 / 115.1

IT IINDUSTRIES ISNLTD | 0.28 | 17.31 | Vol. 3000 D: 13.00 ⇑ 0.78% | 13.00 | 13.40 / 12.30 BDCOM | 1.00 | 14.91 | Vol. 51050 D: 19.90 ⇑ 0.51% | 19.96 | 20.10 / 19.90 C: 20.40 ⇑ 4.08% | 20.31 | 20.50 / 20.00 INTECH | 0.94 | 10.08 | Vol. 68237 D: 12.90 ⇑ 7.50% | 12.61 | 13.10 / 11.30 C: 13.00 ⇑ 4.84% | 13.00 | 13.00 / 13.00 AGNISYSL | 1.07 | 25.52 | Vol. 69500 D: 21.40 ⇑ 0.94% | 21.35 | 21.80 / 21.20 C: 21.60 ⇑ 0.93% | 21.69 | 22.40 / 21.40 DAFODILCOM | 1.12 | 11.14 | Vol. 129500 D: 16.00 ⇑ 1.91% | 16.02 | 16.40 / 15.90 C: 16.30 ⇑ 1.24% | 16.18 | 16.30 / 16.10 AAMRATECH | 1.17 | 20.44 | Vol. 234300 D: 36.50 ⇑ 1.67% | 36.32 | 36.80 / 36.00 C: 36.50 ⇑ 2.82% | 36.28 | 36.60 / 35.80 GENERAL INSURANCE BGIC | 1.65 | 20.33 | Vol. 51446 D: 29.00 ⇑ 1.75% | 28.78 | 29.40 / 28.50 C: 29.30 ⇑ 0.00% | 29.17 | 29.50 / 28.70 GREENDELT | 4.05 | 64.44 | Vol. 69617 D: 102.3 ⇑ 1.89% | 101.64 | 103.5 / 98.00 UNITEDINS | 2.47 | 21.04 | Vol. 5100 D: 50.90 ⇓ 0.39% | 50.98 | 51.00 / 50.90 PEOPLESINS | 2.05 | 20.72 | Vol. 31745 D: 27.00 ⇑ 2.66% | 26.95 | 27.40 / 25.50 C: 26.50 ⇑ 0.38% | 27.35 | 28.50 / 26.40 EASTERNINS | 2.22 | 35.88 | Vol. 22650 D: 36.90 ⇑ 1.10% | 36.94 | 39.00 / 34.50 JANATAINS | 7.84 | 170.69 | Vol. 3620 D: 216.0 ⇑ 0.12% | 216.02 | 217.3 / 214.0 CENTRALINS | 1.54 | 19.04 | Vol. 31592 D: 28.30 ⇑ 0.71% | 28.30 | 28.60 / 26.50 KARNAPHULI | 1.56 | 19.42 | Vol. 44100 D: 21.70 ⇓ 1.36% | 21.77 | 22.30 / 21.60 RUPALIINS | 2.76 | 23.38 | Vol. 70200 D: 32.20 ⇑ 0.94% | 31.80 | 32.70 / 31.50 C: 32.70 ⇑ 5.14% | 31.70 | 32.70 / 31.50 FEDERALINS | 1.10 | 10.98 | Vol. 65162 D: 22.10 ⇑ 0.00% | 22.17 | 22.50 / 21.00 C: 22.60 ⇑ 2.26% | 22.58 | 22.80 / 22.30 PURABIGEN | 1.05 | 18.71 | Vol. 41049 D: 20.80 ⇑ 2.46% | 20.63 | 21.10 / 19.50 PRAGATIINS | 2.01 | 50.30 | Vol. 5607 D: 56.10 ⇑ 2.00% | 56.10 | 57.00 / 52.00 PRIMEINSUR | 2.14 | 14.14 | Vol. 43037 D: 25.90 ⇑ 0.39% | 25.70 | 27.30 / 24.50 PIONEERINS | 3.11 | 23.84 | Vol. 108244 D: 71.30 ⇑ 0.85% | 71.53 | 74.70 / 70.00 MERCINS | 1.53 | 14.50 | Vol. 53917 D: 26.30 ⇑ 4.37% | 26.21 | 27.00 / 22.70 AGRANINS | 1.73 | 14.39 | Vol. 37244 D: 22.90 ⇑ 1.33% | 22.93 | 23.40 / 21.00 GLOBALINS | 1.09 | 11.78 | Vol. 132300 D: 28.40 ⇓ 0.70% | 28.48 | 28.80 / 27.50 NITOLINS | 2.59 | 15.41 | Vol. 825 D: 32.90 ⇑ 2.17% | 31.76 | 32.90 / 30.00 ASIAPACINS | 1.84 | 13.76 | Vol. 22000 D: 26.10 ⇑ 0.77% | 26.09 | 26.70 / 26.00 SONARBAINS | 1.68 | 13.38 | Vol. 38500 D: 22.60 ⇑ 1.80% | 22.44 | 23.20 / 21.90 PARAMOUNT | 1.26 | 13.19 | Vol. 18693 D: 20.60 ⇑ 2.49% | 20.61 | 21.40 / 20.00 C: 20.20 ⇓ 9.01% | 20.20 | 20.20 / 20.20 CITYGENINS | 1.65 | 14.26 | Vol. 69760 D: 24.50 ⇑ 2.08% | 24.13 | 25.00 / 23.50 C: 24.80 ⇑ 0.81% | 24.60 | 24.90 / 24.30 CONTININS | 1.41 | 15.68 | Vol. 35293 D: 28.30 ⇑ 2.17% | 28.50 | 28.90 / 26.00 TAKAFULINS | 2.19 | 15.17 | Vol. 84700 D: 28.90 ⇓ 1.03% | 29.13 | 30.00 / 28.10 C: 29.70 ⇓ 4.19% | 29.67 | 31.00 / 29.00 STANDARINS | 2.58 | 13.99 | Vol. 12000 D: 37.60 ⇓ 1.05% | 37.67 | 38.00 / 36.50 NORTHRNINS | 1.77 | 11.15 | Vol. 54077 D: 46.30 ⇑ 1.09% | 46.38 | 47.00 / 41.30 REPUBLIC | 2.14 | 12.42 | Vol. 53594 D: 52.70 ⇓ 0.38% | 51.98 | 53.70 / 51.00 C: 51.10 ⇓ 4.66% | 51.10 | 51.10 / 51.10

ASIAINS | 1.56 | 17.34 | Vol. 16967 D: 26.10 ⇓ 1.14% | 26.06 | 27.00 / 23.80 C: 26.00 ⇑ 1.56% | 26.00 | 26.00 / 26.00 ISLAMIINS | 1.29 | 11.96 | Vol. 3183 D: 26.20 ⇑ 1.55% | 26.26 | 26.70 / 25.00 PROVATIINS | 1.90 | 14.30 | Vol. 2072 D: 25.70 ⇑ 1.58% | 25.10 | 26.00 / 22.80 DHAKAINS | 2.84 | 18.02 | Vol. 34000 D: 40.50 ⇑ 5.47% | 39.91 | 40.90 / 38.10 LIFE INSURANCE NATLIFEINS | 12.34 | 80.99 | Vol. 5489 D: 244.4 ⇑ 1.12% | 244.10 | 250.0 / 240.0 C: 229.2 ⇓ 6.45% | 227.26 | 229.2 / 225.0 DELTALIFE | 38.53 | 189.40 | Vol. 7000 D: 4384 ⇓ 3.56% | 4400 | 4595 / 4359 SANDHANINS | 2.39 | 28.22 | Vol. 25550 D: 67.60 ⇑ 2.11% | 66.32 | 68.00 / 60.00 C: 68.00 ⇑ 4.13% | 67.21 | 68.00 / 60.00 POPULARLIF | 3.70 | 715.41 | Vol. 18500 D: 144.8 ⇑ 2.62% | 144.81 | 144.9 / 144.0 FAREASTLIF | 9.21 | 60.79 | Vol. 14938 D: 107.2 ⇑ 1.04% | 106.66 | 109.0 / 100.0 C: 103.5 ⇓ 0.38% | 103.50 | 103.5 / 103.5 MEGHNALIFE | 10.82 | 48.87 | Vol. 15107 D: 90.70 ⇑ 1.57% | 91.09 | 92.00 / 90.00 C: 90.00 ⇑ 0.00% | 89.21 | 90.00 / 88.90 PRAGATILIF | 0.60 | 30.15 | Vol. 17500 D: 93.00 ⇓ 1.59% | 93.37 | 95.00 / 92.70 PADMALIFE | 1.63 | 25.76 | Vol. 31500 D: 56.40 ⇑ 5.22% | 56.56 | 57.70 / 56.00 C: 57.00 ⇑ 5.36% | 57.00 | 57.00 / 57.00 SUNLIFEINS | 0.00 | 0.00 | Vol. 66000 D: 45.80 ⇑ 2.00% | 45.61 | 46.50 / 45.00 C: 45.70 ⇑ 1.11% | 45.38 | 46.50 / 45.00 TELECOM GP | 12.96 | 26.26 | Vol. 437651 D: 178.9 ⇓ 0.39% | 178.47 | 180.0 / 175.0 C: 179.1 ⇓ 0.06% | 178.46 | 180.0 / 177.1 BSCCL | 7.14 | 23.70 | Vol. 503430 D: 293.3 ⇑ 1.31% | 292.71 | 300.0 / 269.8 C: 292.7 ⇑ 0.83% | 292.51 | 299.9 / 270.0 Travel & Leisure UNITEDAIR | 1.60 | 15.12 | Vol. 2967335 D: 19.80 ⇑ 1.02% | 19.79 | 20.50 / 18.50 C: 19.90 ⇑ 1.02% | 19.83 | 21.00 / 19.00 UNIQUEHRL | 4.02 | 86.29 | Vol. 485505 D: 88.80 ⇑ 3.26% | 87.65 | 89.10 / 77.50 C: 88.20 ⇑ 4.13% | 87.09 | 88.80 / 85.60 MISCELLANEOUS ARAMIT | 16.07 | 99.93 | Vol. 1150 D: 212.0 ⇑ 1.92% | 212.17 | 213.0 / 210.0 BSC | 1.77 | 565.82 | Vol. 65270 D: 508.3 ⇑ 0.69% | 507.94 | 516.8 / 500.0 C: 509.8 ⇑ 0.85% | 509.66 | 518.0 / 504.0 GQBALLPEN | 6.55 | 250.45 | Vol. 58230 D: 137.8 ⇑ 0.44% | 137.56 | 140.2 / 135.0 C: 139.1 ⇑ 1.16% | 138.42 | 139.9 / 136.8 USMANIAGL | 0.50 | 26.03 | Vol. 16885 D: 112.3 ⇑ 4.76% | 110.85 | 112.5 / 103.9 C: 109.4 ⇓ 0.36% | 109.93 | 112.0 / 109.1 SAVAREFR | 0.23 | 12.32 | Vol. 5000 D: 62.10 ⇓ 9.87% | 62.10 | 62.10 / 62.10 BEXIMCO | 3.24 | 86.74 | Vol. 1368558 D: 34.10 ⇑ 7.57% | 33.20 | 34.80 / 28.60 C: 33.90 ⇑ 5.61% | 33.20 | 35.20 / 29.00 SINOBANGLA | 1.75 | 21.01 | Vol. 30000 D: 18.90 ⇑ 2.16% | 19.00 | 19.00 / 18.80 C: 18.90 ⇑ 8.00% | 18.92 | 19.00 / 18.50 MIRACLEIND | 0.14 | 14.90 | Vol. 12500 D: 11.50 ⇑ 0.88% | 11.52 | 11.70 / 11.40 BOND IBBLPBOND | 0.00 | 1000.00 | Vol. 125 D: 943.0 ⇑ 0.32% | 944.00 | 945.0 / 941.5 ACIZCBOND | 0.00 | 1000.00 | Vol. 14 D: 840.0 ⇑ 1.20% | 840.00 | 840.0 / 840.0 BRACSCBOND | 0.00 | 0.00 | Vol. 5 D: 1070 ⇓ 0.05% | 1070 | 1070 / 1070


8

DHAKA TRIBUNE

Business

tuesday, August 6, 2013

Asia’s exports stutter, missing out on US revival n Reuters, Hong Kong The US economy may have stopped sneezing, but Asia’s exports are still laid up with a nasty cold. Growth in exports from seven of East Asia’s biggest exporters - Japan, China, South Korea, Taiwan, Thailand, Hong Kong and Singapore - slowed to a halt in the second quarter, according to national trade data compiled by Reuters, led by a 9% drop in exports to the European Union compared to a year earlier. Growing trade between China and its neighbors has failed to offset a sharp decline in demand from Europe and slumping demand for things made in Japan. More troubling is that the slowdown dashes expectations earlier this year for a gathering recovery in the United States to trigger a rise in demand for Asian exports. Exports still represent the equivalent of roughly 35% of the region’s combined economic output. But the US recovery has been led by housing and shale-gas investment, not demand for the electronics Asia’s factories supply. That could make it harder for Asia’s economies to weather rising global interest rates and a westward migration of international investment funds. While foreign investors are still accumulating Japanese stocks, they have sold off roughly $12.5bn of other Asian stocks since May, according to data from Nomura. “The attraction for more money to be put into this region at this time is not there,” said Kelvin Tay, chief investment strategist at UBS in Singapore. “We’re caught in the middle of nowhere.”

A worker walks past trucks as they line up to load containers onto a ship at a port in Ningbo, Zhejiang province REUTERS The trade numbers contain some notable surprises: though Japan’s falling yen has made its export earnings swell when measured in its own currency, demand remains weak and its exports in US dollar terms fell 14% in the second quarter. And despite a rising currency, South Korea’s exports rose 1%, with exports to China climbing 13% on booming sales of industrial machinery, auto parts and popular consumer items like smartphones, TVs and refrigerators. That might bode well for China’s slowing economy, suggesting that factories are preparing for a boost in orders, and that China’s

efforts to shift growth from investment and exports to domestic demand are stoking an appetite among consumers for high-end white goods like those made by Samsung Electronics, LG Electronics and Hyundai Motors. “The Chinese government has been pushing hard to boost domestic consumption, and South Korean exports of late appear to be enjoying that,” said Lee Sang-jae, economist at Hyundai Securities in Seoul. “Private consumption there is growing much faster than the overall economic growth.” Economists and investors who look to South Korea as a bellwether for global export demand see in its rising numbers glimmers

of hope for the rest of Asia, too. Markus Rosgen, strategist at Citigroup in Hong Kong, said such optimism was reinforced by last week’s positive survey of European purchasing managers by London-based financial information services firm Markit. And Deutsche Bank’s chief Asian economist, Michael Spencer, pointed to the U.S. Institute for Supply Management’s index of national factory activity, which rose in July to a 2-year high of 55.4, beating economists’ expectations of 52.0 and June’s reading of 50.9. But such optimism wasn’t reflected in last quarter’s exports to Europe or the United States. Exports from China to the EU dropped 8%, and fell 20 percent from Japan, marking a seventh straight quarter of declines. Exports to the United States dropped 2.4%, led by a 21% drop in exports from Hong Kong and a 7% decline from Japan. While surveys in the West may be improving, they have yet to lift the mood among managers in Asia. HSBC/Markit’s survey of regional purchasing managers indicates that new orders are falling in China, South Korea and Taiwan, and that growth is slowing in Japan. “This suggests that an immediate rebound is not on the cards for Asia,” Frederic Neumann, co-head of Asian economic research at HSBC in Hong Kong, wrote in an August 2 note to clients. “In developed markets, broadly speaking, things have picked up nicely. But the feed through to emerging markets is lacking.” Instead of boosting Asian stocks on hopes of an export rebound, therefore, economists warn more investors are likely to shift funds from Asia to the United States with its relatively more positive outlook. l

China turf war over yuan reform rattles foreign firms n Reuters, Shanghai Multinational companies in China say they are being forced to pick sides in a turf war between two major financial regulators fighting over which agency will drive currency and capital account liberalization. The conflict between the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) risks undermining confidence in the country’s commitment to pulling down barriers that will finally open up the economy, analysts say. As President Xi Jinping and Premier Li Keqiang try to build confidence in their reformist agenda through consensus and resolution, analysts say the last thing they need is key agencies in charge of critical components of policy being seen as in conflict. “There’s a perception, particularly outside of China, that policy is unfolding according to some great plan,” said Mark Williams, chief China economist at Capital Economics in London. “Clearly that’s never actually been the case, but evidence of conflict within the government will certainly dent confidence.” Over a dozen big-name companies are taking part in a range of pilot programs that allow the free movement of the yuan and capital across China’s borders, addressing a common complaint of

foreign managers that it is easy to get investment into China but far more difficult to get profits out. The programs give the companies more freedom than they would otherwise have operating in China, but they also provide the government with a laboratory to test how the economy might cope with the open financial system they have promised to ultimately deliver in order to put the world’s second-largest economy on a more sustainable development path. Sources from companies with deep trade relationships with China, inside banks and from foreign business associations, say the conflict between the two massive bureaucracies managing separate clusters of pilot programs are beginning to impact decision-making at major corporations, which together channel billions of dollars in investment and trade in and out of China. “There are too many pilot programs in our view,” said a treasurer at a major European multinational in charge of deploying systems used to settle company trade in yuan. “There are schemes from SAFE and schemes from PBOC, and they don’t like each other. If you sign up for one, you might not be chosen for the other one. So you have to be very careful what you choose and what you say to whom.” The treasurer said concerns about being stuck on the wrong side of a fight between powerful

bureaucracies - and rumors that other firms had been misled into overinvesting in municipal trials that failed to live up to promises - prompted his firm to limit the amount of capital it committed to trial programs. Four other sources said they too had been warned of the spat between the PBOC and SAFE, to the extent that the conflict appears to have been an open secret in certain circles of the financial community in China and Hong Kong. “The advice we got was we should participate in one pilot or another because PBOC and SAFE were competing against one another,” said a finance executive from a major foreign multinational with close working knowledge of the pilot programs, adding that multiple sources had given him the same advice. The sources spoke to Reuters on condition of anonymity for fear that speaking publicly would damage the prospects of their businesses in China. SAFE and PBOC did not respond to faxed requests for comment. The root of the conflict between the central bank and SAFE is not clear. Some analysts say the struggle is simply over power, others believe different agendas are at the root of the conflict. “The PBOC is taking a more open approach (to reform), whereas SAFE sees itself as a gatekeeper,” said a lead representative of a foreign

business association in China. The central bank manages the country’s money supply and to an extent has authority over Chinese banks, shared with the China Banking Regulatory Commission. SAFE handles the country’s foreign exchange reserves and manages cross-border currency flows. Technically SAFE is under the supervision of the central bank, but in practice analysts say the relationship has been frequently adversarial and agendas have conflicted. Pilot schemes to test economic reforms locally before rolling them out nationally have been a hallmark of China’s development in the past three decades following former leader Deng Xiaoping’s slogan: “Cross the river by feeling the stones.” After years of breakneck economic expansion, Beijing has said widespread reforms, including fiscal, monetary and legal changes, are needed to secure future growth. It is expected to produce a road map for further economic reforms in October. China’s yuan is currently convertible under the current account, the broadest measures of international trade in services and goods. But Beijing maintains tight restrictions on the capital account, worried that freeing up the yuan too quickly could leave the economy vulnerable to rapid movements in capital in and out of the country. l


August 6, 2013