Week 02 of 2021 – Bangladesh This Week!

(9th JANUARY 2021 TO 15th JANUARY 2021)
Contributors : Malik Araf, Shudipto Ahmed and Mohammad Sifat.

Week 2, 2021 Economy
Economy to rebound on remittance, private sector: Bangladesh Bank

Riding on surged remittance and private sector growth, Bangladesh's economy will promptly bounce back cushioning the virus fallouts in the current fiscal year, the Bangladesh Bank projects. In a report titled "Monetary Policy Review December 2020" on Wednesday, the central bank explained that streaming remittances will help increase domestic demand, which will pave the way for attaining the economic growth target of 7.4% set for the fiscal 2020-21.

Source: The Business Standard

Week 2, 2021 Trade & Business
Chattogram custom achieves 2.41% revenue growth

Chattogram Custom House has achieved 2.41% positive growth despite an 8% negative growth in container transport amid the Covid-19 pandemic in the first six months of the fiscal 2020-21.This success in revenue collection by the country's largest customs house amid the pandemic-struck global economic crisis is seen as a positive sign among relevant quarters. According to custom house sources, the revenue collected in the six months from July to December of the current financial year was Tk21,664.42 crore. In the same period in 2029-20, revenue collection amounted to Tk21,155.24 crore.

Source: The Business Standard

Week 2, 2021 Development sector
Bangabandhu Industrial City: Green project rejected twice for inflated cost estimation

A fresh project aimed at developing Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram as a green city has been turned down twice on account of overestimated costs. For instance, the project proposal has sought Tk14 crore for per kilometre road construction, while the allocation for a similar road under an ongoing project in the industrial city is Tk6.5 crore. Interestingly, the Bangladesh Economic Zones Authority (Beza), which is implementing a similar project at much lower costs, has made the proposal for the new project, seeking way more than what was allocated in the ongoing one.

More: The Business Standard

Week 2, 2021 Sports
Windies leggie Walsh to miss Bangladesh ODIs after testing Covid-19 positive
West Indies leg-spinner Hayden Walsh Jr tested positive for Covid-19 on Thursday and will be unavailable for the upcoming three-match ODI series against hosts Bangladesh, confirmed Cricket West Indies (CWI) in a statement today.
Week 2, 2021 Law & Crime
Workplace death and injuries in 2020
Workplace safety in Bangladesh has been a matter of great concern since the Rana Plaza incident that took over thousand lives. Subsequent to the incident, Bangladesh Labour Act 2006 was amended to incorporate more comprehensive provisions on workplace safety. A 2020 report by Bangladesh Institute on Labour Studies shows that 729 workers suffered from workplace death of which 384 were employed in the transport sector, 84 in construction sector and 67 in agriculture. The report also states that there were 433 instances of workplace injury. The numbers were lower than those of the previous year – in 2019, almost 1200 workers suffered from workplace death and there were 695 cases of workplace injuries. The number of workplace deaths remained the highest in both 2019 and 2020.
Week 2, 2021 Healthcare
Bangladesh has capacity to preserve 15cr Covid-19 vaccines: Maleque

Health and Family Welfare Minister Zahid Maleque today said Bangladesh has the capacity to preserve 14 to 15 crore Covid-19 vaccine doses.The government has formed 7,344 vaccine distribution teams, he said, adding each team has been formed comprising six health workers for proper distribution of Covid-19 vaccines.The health minister said as many as 42,000 health workers are being given training as part of the efforts for proper distribution of vaccines.

Source: The Daily Star

Week 2, 2021 Education
The Academic Experience Project: Are grades all that matter?: Sazzad Shahriar and Syed Saad Andaleeb
Many students also felt that career counselling in their universities is non-existent or undeveloped. In fact, most universities don't have anything remotely related to career counselling. The great body of students, even in reputable institutions, have no idea what they will do after they graduate. Some of them don't even find their majors interesting at all, with no recourse to change tracks.

DISCLAIMER: THE INFORMATION PROVIDED HERE IS OBTAINED SOLELY FROM THE THIRD PARTIES MENTIONED ABOVE. YOUTH POLICY FORUM (YPF) IS NOT RESPONSIBLE FOR ANY MISINFORMATION OR MISREPRESENTATION.

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