Bangladesh not in any Chinese debt trap: Chinese envoy
Debt trap is being widely discussed as Sri Lanka is facing a serious financial crisis. One of the factors that led to the situation in Sri Lanka is its massive debt burden.
Debt trap is being widely discussed as Sri Lanka is facing a serious financial crisis. One of the factors that led to the situation in Sri Lanka is its massive debt burden.
The writer says Sri Lanka's president owes it to the people to prevent this emerging situation from deteriorating into further blood-letting.
Cited concerns include the ability of workers to associate, the freedom of association and to form unions, to have those unions be able to operate in an unhindered fashion.
All fishing boats and trawlers in the Bay of Bengal and deep sea have still been advised to stay close to the coast and proceed with caution until the weather improves.
The per capita income in Bangladesh rose by 9 per cent year-on-year in 2021-22, according to data of Bangladesh Bureau of Statistics.
The writer says such a project needs thorough onboarding of all parties involved, along with buy-in from every single one of the stakeholders.
Some traders had illegally stockpiled the edible oil creating an artificial crisis and many of them were caught when they started selling off the oil at higher prices.
The foreign minister also thanked the US Agency for International Development for their support for displaced Myanmar people.
The writer notes that for the garment industry in Bangladesh to be able to shift to renewable energy, it would need infrastructural investment at the national level.
The soybean oil crisis had began before Eid due to a shortage of supply.