Dhaka, Sept 13 (UNB) – Planning Minister AHM Mustafa Kamal on Thursday urged the private sector to come up in a bigger way for further development of the country saying the government wants to see private sector in the driving seat in real sense.
“We give priority to private sector. Prime Minister (Sheikh Hasina) is committed and she believes that private sector will come forward in a bigger way and there will be a boom from the private sector. And it will happen,” he said.
Minister Kamal was addressing as the chief guest at a business networking luncheon hosted by Bangladesh-German Chamber of Commerce and Industry (BGCCI) in a city hotel.
BGCCI President Barrister Omar Sadat opened the meeting. Bangladesh Investment Development Authority (BIDA) Executive Chairman Kazi M Aminul Islam and President and Group Managing Director of CEMS Global Meherun Nesa, among others, spoke.
The theme of the event was ‘Emerging Bangladesh: Business Friendly Policies and Plans’.
The Planning Minister assured of addressing problems to boost both domestic and Foreign Direct Investment (FDI) in Bangladesh. “We’re aware of the problems. We’re giving our efforts to resolve those problems.”
“Be more serious. We need more investment. We want investment from Germany, too. Our FDI flow is low. That should be increased,” he said.
The Planning Minister laid emphasis on diversifying the export baskets and mentioned some areas like leather, pharmaceuticals, plastic and furniture so that overall export can be increased not only depending on readymade garments.
Talking about energy crisis, he said enable energy, specially solar energy can be the best alternative as oil and gas are decreasing globally.
BIDA Executive Chairman gave credit to private sector for the achievement Bangladesh made in many areas. “Private sector has to take the lead and public sector will support with required policies.”
Kazi Aminul said the private sector has lot of issues but it is true that things have changed compared to disappointing scenario in the past. “We’ve to do lot of work. We need right policy. We’re trying to resolve the problems (faced by businesspeople).”
He also laid emphasis on product diversification and focus one at least five more areas to boost export volume.
BGCCI President Omar Sadat sought special economic zone for German investors in the country like India and China are getting here.
He pointed out a number of problems – infrastructure gap, land acquisition, inefficient bureaucracy and lack of skilled workforce and sought initiatives to address the problems.
Dhaka, Sept 13 (UNB) – Gano Forum President and eminent jurist Dr Kamal Hossain on Thursday said setting up any court inside a prison is illogical.
He came up with the remarks during a views-exchange meeting with members of the Supreme Court Bar Association (SCBA) held at its auditorium with SCBA president Zainul Abedin in the chair.
“Setting up a court inside a jail is completely a contradictory matter. Under which law could a court be established in a prison?” he questioned.
“During a martial-law regime, the trial of ex-army person Col Abu Taher was held in prison which the people of the country did not take positively. But during a civilian rule when the country is following the constitution why is a court set up in prison? Is it logical?” he said.
The issue came in the limelight after a makeshift court has been set up inside Old Dhaka Central jail to continue the proceedings of BNP Chairperson Khaleda Zia.
On September 4, Law, Justice and Parliamentary Affairs Ministry issued a gazette notification to hold the trial of Khaleda Zia in the Zia Orphanage graft case at the Old Dhaka Central Jail after setting up a makeshift court there.
Dr Kamal also urged eminent lawyers to discuss how much it is logical to hold the national election without dissolving parliament. For a free and fair election, the polls-time government must be neutral, he added.
“The 23-point proposal which incumbent Prime Minister Sheikh Hasina placed for holding a free and fair election when she was in the opposition party has not lost its necessity till today. Hope, she won’t back off from that 23-point proposal when she is in power,” Dr Kamal said.
When asked whether Jamaat will be included in their call for national unity, the jurist replied in the negative.
Dhaka, Sep 13 (UNB) – Due to active monsoon heavy to very heavy rainfall is likely to occur at places over Rangpur, Rajshahi, Mymensingh and Sylhet divisions during the next 24 hours commencing 4 pm on Thursday, said a Met office bulletin.
Dhaka, Sep 13 (UNB) – Bangladesh Youth Leadership Center’s Office of Professional Development, in partnership with The Daily Star, has organized a roundtable discussion on ‘Closing the skills gap: Preparing the next generation for an uncertain job market’ with HR professionals from 19 of Bangladesh’s leading companies.
Supported by the Aga Khan Foundation (Bangladesh) and Rizwan Adatia Foundation, this roundtable was organized to shed light on the challenges in recruitment and talent acquisition in the current job market and how it is affecting youth unemployment, said a BYLC press release on Thursday.
The guests at the roundtable represented diverse sectors such as banking, insurance, telecommunications, development, manufacturing, tech start-ups, and pharmaceuticals. They shared their insights on the skills required to excel in the 21st century workplace and the collective role of education institutions and industries to close the skills gap.
“It is imperative that Bangladesh diversifies its economy to develop new comparative advantage. In order to establish an active labor market, there must be heavy investment in human capital through expansion of vocational training and higher education so that there is constant acquisition of new skills,” said Ragnar Gudmundsson, Resident Representative, International Monetary Fund (IMF).
Discussants talked about the set of skills that the youth in Bangladesh need to build as they prepare to enter the job market such as critical thinking, effective communication, and creative problem solving. They also stressed on the importance of continuous learning and emotional intelligence. The roundtable also focused on how organizations have a corresponding responsibility to adapt to the learning needs and interests of the youth.
“53% of the workforce in our company comprises of millennials who have access to information. However, in many cases they don’t know how to process this information and implement it in their work, so training programs or internships for fresh graduates should be tailored to build such capabilities,” said Fatema Rizwana, Human Resource Director, Nestle Bangladesh Ltd.
“We should be open to adapting the job environment so that a young workforce is motivated and productive,” said Munmun Salma Chowdhury, Chief People Officer, BRAC International.
Bangladesh currently has an excess of university degree holders where millions of students stemming from Madrassas, Bangla and English mediums of education are competing for a limited number of jobs, making it highly competitive. In addition, the absence of quality education makes it even harder for these graduates to meet the skills required for the competitive job market.
Launched in 2015 BYLC’s Office of Professional Development (OPD) has been working to create opportunities for continuous leadership and career development for university students and young professionals. Furthermore, the OPD seeks to develop thought partnerships with leading employers across Bangladesh on areas such as curriculum development and talent acquisition.
The discussion was moderated by Ejaj Ahmad, Founder and President, Bangladesh Youth Leadership Center and Homayara Ahmed, Assistant Professor, IBA. Guests included Fatema Rizwana from Nestle Bangladesh Ltd, Monzula Morshed from Banglalink, Ragnar Gudmundsson from International Monetary Fund (IMF), Zehra Simeen Rahim from CARE Bangladesh, Farhana Afreen Mahmood from United Group, Munmun Salma Chowdhury from BRAC International, Marcus Gomes from Mutual Trust Bank Ltd., Md. Ahsanul Haque from Godrej Household BD private Ltd, Md. Mahbubur Rahman from DHL Global Forwarding, Nisbat Anwar from Renata Ltd, Sadia Afrin from Green Delta Insurance Ltd, Shaila Parveen from The City Bank Ltd, Sifat Hasan from Pathao, Chowdhury Abd-Allah Quaseed from Gweeberra Bakery Industries Ltd., Md. Mosfiqul Azam from Apollo Hospitals Dhaka, Monjurul Alam from Eastern Bank Ltd., Aflatun Kaisar from Daraz BD, Dipa Reza from Adcomm, and Rupak M Nasrullah Zaidi from Power Grid Company of Bangladesh Ltd.
Dhaka, Sept 13 (UNB) - A two-day conference on China's Belt and Road Initiative (BRI) and South Asia concluded at the University of Hull in the UK on Thursday.
Participants from China, India, Singapore, Bangladesh and the USA attended the conference that discussed a number of papers on the subject, according to a press release received here from London.
Syed Badrul Ahsan, Editor-in-Charge of The Asian Age, took part in the conference.