PAGE 3Press Club cancelled Odhikar’s event

PAGE 8 Brazil stumbles into recission

PAGE 32Delhi mulls citizenship for Bangladeshi Hindu refugees

PAGE 5Chinese � rm to fund Dasherkandi treatment plant

PAGE 7Public uni teachers continue pay scale protests

SECOND EDITION

HC REJECTS ONE SECTION 57 WRIT, HEARS ANOTHER PAGE 3

MAINSTREAMING CLIMATE CHANGE PAGE 32

DEVALUATION OF TAKA SUGGESTED PAGE 15

MONDAY, AUGUST 31, 2015 | Bhadro 16, 1422, Zilqad 15, 1436 | Regd No DA 6238, Vol 3, No 137 | www.dhakatribune.com | 32 pages | Price: Tk10

n Serajul Islam, Sylhet

Activists of Bangladesh Chhatra League yes-terday assaulted a group of Shahjalal Universi-ty teachers who were protesting the vice-chan-cellor’s corruption and irregularities.

After the attack, Prof Muhammed Zafar Iqbal, noted educationist, a secular � gure and a popular science-� ction writer who had played a key role in founding the university 30 years ago, sat in the rain in front of the VC o� ce for several hours in protest.

His wife Prof Yasmeen Haque, another founding � gure of Shahjalal University of Sci-ence and Technology (SUST), was among the teachers who the Chhatra League members assaulted.

Hundreds of people came down hard on the ruling party’s student body as soon as the news and photographs of the attack and Prof Zafar Iqbal’s protest came up in social and on-line media.

Witnesses said most of the senior leaders of the pro-Awami League students group and several senior teachers, known for having good relations with the VC, were standing nearby when the attack was launched but they did not stop the attackers.

The teachers’ group – who call themselves the Forum of Teachers Inspired by the Spirits of Liberation War – has alleged that VC Prof Md Aminul Haque Bhuyan used the members

of the ruling Awami League’s student front against the protesters.

The teachers – some of whom were among the founders of the university – accuse the VC of violating rules in recruiting his brother-in-law, making university sta� do his personal

tasks, misusing public funds, embezzling university’s money to go on foreign trips and discriminating against some of his colleagues.

The forum – comprising mostly secular and leftist teachers – began protests on April

PAGE 2 COLUMN 2

BCL men assault teachers at SUST

Prof Yasmeen Haque got stuck in the scu� e when Chhatra League men attacked agitating SUST teachers on campus in Sylhet yesterday PHOTO: TV GRAB

LIBYA BOAT CAPSIZE

24 Bangladeshi victims buried in Libyan Adil Sakhawat

At least 24 Bangladeshis are believed to have been buried in Libya following the capsize of two boats in the Mediterranean Sea o� the Libyan coast three days ago.

“The bodies recovered so far have already been buried, including Bangladeshi victims,” said Mozammel Haque, counsellor (political) and charge d’a� airs of Bangladesh Embassy in Libya.

“The Libyan Coast Guard has so far recov-ered over 150 bodies from the Mediterranean. They did not allow anyone to identify the bodies,” he said.

“We do not know exactly how many Bang-ladeshi people were there among the dead but we came to know that the Libyan Coast Guard had buried the bodies, including those of Bangladeshis as many of the bodies started to decompose.”

The o� cial, however, informed this re-porter over phone that they were sure of 24 Bangladeshis among the dead.

All of the 54 Bangladeshis rescued from the boat capsizes informed the Bangladesh Embassy o� cials that 78 Bangladeshis had boarded two vessels on Thursday night.

Their boats set o� for Italy through the PAGE 2 COLUMN 2

KILLING, DISAPPEARANCES

Khaleda demands international proben Tribune Report

BNP Chairperson Khaleda Zia has demanded international probe under the supervision of the United Nations into all killings, abduction and forced disappearances in Bangladesh.

“I know this illegal government will not in-vestigate the incidents of abductions and kill-ings. That is why we demand an international probe under the supervision of the UN,” she said.

The former premier also demanded that neutral persons from Bangladesh be included in the international probe committee for au-thentic investigation.

She made the demand after exchanging views with the family members of missing or abducted BNP leaders and activists at her Gulshan o� ce in the capital yesterday, which was also the International Day of the Victims of Enforced Disappearances.

Khaleda alleged that killings, abductions and forced disappearances are happening under the government’s patronage. “The gov-ernment observes many international days, but they are not observing this day, because they are involved in these incidents. They are ashamed to observe the day.”

The BNP chief urged the government to PAGE 2 COLUMN 4

‘This is the biggest insult for Joy Bangla’n Our Correspondent, Sylhet

He spent a lifetime in promoting the spirit of the Liberation War and secularism through his writings and played a pioneering role in popularising science � ction in Bangladesh.

He gave up a highly-paid comfortable job in one of the world’s most reputed science laboratories in the US to come back home and build the � rst science and technology university.

Yesterday, Prof Muhammed Zafar Iqbal saw the students of the university that he dedicated his life for beat up and harass their teachers.

A group of teachers, comprising secular and leftist individuals, was observing a sit-in on the campus protesting the vice-chancel-lor’s corruption and irregularities when men from the Chhatra League beat them up and pushed them away.

Prof Zafar Iqbal did not take part in the agitation but he had wholehearted support for them.

PAGE 2 COLUMN 2

MONDAY, AUGUST 31, 2015

CONTINUED FROM PAGE 1

BCL men assault teachers at SUST13, demanding the VC’s resignation. A week later, 35 teachers, including Prof Zafar Iqbal, resigned simultaneously from the adminis-trative posts they had been working in addi-tion to their teaching duties.

There are several factions within the uni-versity unit of Chhatra League who locked in armed � ghts on the campus in the past, but over the last few months, the political student group has remained united in the question of what they said was “protecting” the VC.

The protesters alleged that the feuding fac-tions of the Chhatra League got united behind the VC following an order from the government.

Yesterday, the protesting teachers had a scheduled sit-in programme in front of the ad-ministrative building. The VC also called sepa-rate meetings of the Board of Advanced Stud-ies at 9am and the Academic Council at 3pm.

Leaders and activists of the university unit Chhatra League took position near the Administrative Building around 5:30am. The protesting teachers came to the area around 7am to observe their scheduled sit-in.

Things started heating up around 8:30am when VC Prof Aminul came in front of the building to attend the � rst meeting. As the agitating teachers blocked the VC from enter-ing the o� ce, the Chhatra League members pounced on the protesters.

They took away the banner that the pro-testers were carrying, beat them up and pushed them away. Prof Yasmeen fell on the ground and got hurt during the scu� e. Sev-eral other teachers also got hurt in the attack.

Taking advantage of the chaos, the VC

slipped into the Administrative Building and went straight to his o� ce.

Witnesses said that SUST unit Chhatra League President Sanjiban Chakraborty Partha and General Secretary Imran Khan were pres-ent when the teachers were being assaulted.

Akhter Hossain, o� cer-in-charge of Jalala-bad police station, tried to bring things under control but the Chhatra League men did not listen to him. When contacted later, the OC refused to make comments. Around 3pm, the teachers’ forum called o� the day’s programme and announced a half-day work abstention for today. They also said that seven of the protest-ing teachers have been injured in total.

Terming the attack shameful, Prof Yas-meen Haque told the Dhaka Tribune: “The VC is using Chhatra League to cling to his po-sition … The students of the university have attacked their teachers before. I strongly con-demn this act by the Chhatra League.”

University Proctor Kamruzzaman Chow-dhury said: “The protesting teachers tried to prevent the VC from entering his o� ce. A scu� e broke out at this point between the students and the teachers. But, I have no in-formation on anyone getting hurt.”

VC Prof Aminul said protesting teachers including Faruq Uddin and Yasmeen Haque blocked him when he tried to enter the Ad-ministrative Building.

“No teacher has so far raised any allega-tions of getting attacked. If I get any such ob-jections, I will de� nitely take action,” the VC later told reporters.

He also said that the students were staging

a movement to keep the environment of edu-cation at the university undisturbed.

Chhatra League President Sanjiban said: “It [stopping the teachers] was not an organ-isational decision. Those who took part in it did it on their own accords.”

After a period of relative calm in May when the VC was on leave, the Forum of Teachers Inspired by the Spirit of Liberation War re-sumed protests in June.

On June 22, the protesters kept the VC locked and con� ned in his o� ce for a brief period. On June 25, they published what they called was a white paper of his corruptions.

The VC, who is said to have strong ties with the Awami League government, snu� ed out the allegations. “I have come here upon the government’s orders and would only go after completing my four-year tenure,” he said af-ter publication of the white paper.

Prof Aminul was appointed VC of the Shah-jalal University of Science and Technology in July 2013. Before that, he was a teacher of food and nutrition science at Dhaka University.

On June 23, SUST unit Chhatra League Joint Secretary Sajidul Islam Sabuj said the VC was appointed by the government and therefore it was the government’s duty to keep him safe.

On July 23 and 24, Education Minister Nurul Islam Nahid held a series of meetings with the VC, the protesters and the associa-tion of teachers of the university.

Later, VC Prof Aminul was instructed not to make any decision on recruitment until further notice and the protesters suspended their move-ment upon being assured by the minister. l

24 Bangladeshi victims buried in LibyaMediterranean Sea. Most of them were with their families. Among them, 22 Bangladeshis were from four families.

“Family members of those four families con� rmed that six of their family members had died in front of their eyes.

“While some others who survived the dis-aster said in the detention centre of Libya that 18 of their family members had been missing since the capsize,” Mozammel said.

He believed that no missing person could be rescued alive.

Of the 54 pulled alive out of the sea, 12 women and children have already been taken under the care of the Bangladeshi Embassy,

while 42 others are still in the detention cen-tre of the Libyan authorities.

“We are negotiating with the Libyan au-thorities to bring back those under our custo-dy and at least 25 of those 42 in the detention centre wished to return to Bangladesh.”

Bangladeshi migrants in Libya had been passing good days until the present political turmoil erupted.

But over the last one and a half years, they have not been able to send any remittance to the country as the value of local currency dropped rapidly against Dollar due to political unrest, he said.

Against such backdrop these Bangladeshi

migrants were heading towards Italy in pur-suit of a better life defying the treacherous Mediterranean sea route.

They were lured into the journey by traf-� ckers and middlemen, for which they had to pay 1,000 dinar (approximately Tk60,000) each,” Mozammel said.

When asked about the identities of those middlemen, he said most of them were from Libya. But names of some Bangladeshi mid-dlemen also came up in conversation.

“We have already brought those names to the notice of the authorities concerned of our country so that they can take immediate ac-tion against them,” he said. l

‘This is the biggest insult for Joy Bangla’He saw right in front of his eyes how the Chhatra League men, while attacking their teachers, chanted “Joy Bangla,” the quin-tessential slogan of the Liberation War that inspired hundreds of thousands of freedom � ghters in 1971 to give their lives for freeing their motherland.

For hours, he sat in stunned silence in the rain opposite the VC’s o� ce on the campus as he could not believe what he had just seen. He had an umbrella but did not open it as if the cool rain-drops were the only consolation he could draw.

“Bangladesh fought the Liberation War with this Joy Bangla slogan; I have never seen a big-ger insult to this slogan. I am furious; Chhatra League launched the attack chanting the Joy Bangla slogan,” said Prof Zafar Iqbal, whose father was killed by the Pakistan army in 1971.

“If the attackers are really students of this university, as their teacher I should hang my-

self to death,” he said in exasperation.“I am not directly taking part in the [an-

ti-VC] movement, but I have my love and sup-port for the agitators. I have 100% support for the cause of their movement. I stopped work-ing only two months after this VC [Prof Md Aminul Haque Bhuyan] had come because I saw that he tells lies. And I cannot work with anyone who tells lies.

“I am not going to kill myself just as yet, but I am going through tremendous mental pain,” said the legendary teacher, adding that he never thought he would have to see teach-ers getting beaten by students.

Alleging that the VC was using Chhatra League members, he said: “If the VC thinks that he would be able to stop the movement like this, then he is wrong ... The teachers are doing the movement for saving SUST, not for getting any posts.” l

Khaleda demands internationalprobereturn the missing people to their families soon.

She said the government had turned the country dysfunctional and tarnished its im-age in the international arena.

Tahmina Rushdir Luna, wife of missing BNP leader M Ilyas Ali, said: “My husband was picked up by law enforcers, but witness-es could not testify as they were threatened. I went to the prime minister, but nothing hap-pened.” She demanded the return of her hus-band soon.

Family members of several other victims also shared their experiences and su� erings demanded that their loved ones be returned to them. l

Awami League procession causes gridlock in capitaln Abu Hayat Mahmud

City dwellers yesterday saw terrible tra� c con-gestion on several roads caused by a procession of the Awami League, which was brought out in observance of the National Mourning Day.

There was gridlock from Suhrawardy Udyan, from where the procession was brought out at 4pm, to Dhanmondi as peo-ple on both public and private transports re-mained stuck for hours.

Tra� c jam was severe at Matsya Bhaban, Shahbagh, Paltan, Kakrail, Farmgate, Ele-phant Road, Kalabagan, Panthapath, Green Road and Mirpur Road.

Awami League’s Dhaka city unit organised the procession.

Carrying black � ags, hundreds of members of the party and its a� liate bodies joined the procession that ended in front of Bangaband-hu Memorial Museum in Dhanmondi.

Addressing a short meeting before the pro-cession was brought out, Awami League Pre-sidium member Matia Chowdhury said the trial of Bangabandhu killing case had ended.

“Some of the killers have already been hanged while the rest will be given the same punishment after they are brought back from abroad. l

BNP to stage protest against power, gas tari� hiken Tribune Report

The BNP-led 20-party alliance has decided to announce demonstration programme pro-testing the hike of gas and electricity tari� .

The opposition alliance held a meeting at BNP Chairperson Khaleda Zia’s Gulshan o� ce last night, where the leaders discussed vari-ous programmes to protest the price hike, al-liance leaders said.

“One alliance leader suggested enforcing hartal programme, but Khaleda Zia ruled out the proposal saying human chain, memoran-dum submission or protest rally could be the best option,” an alliance leader told the Dhaka Tribune, seeking anonymity.

“Khaleda Zia will � nalise the programme and likely to announce today (Monday),” he added. l

Ban on gathering in JS Bhaban arean Kamrul Hasan

Dhaka Metropolitan Police have banned any sort of procession and public gathering in Ja-tiya Sangsad area ahead of the seventh parlia-ment session, until the end of session.

A press release signed by DMP Commis-sioner Asaduzzaman Miah in this regard was circulated yesterday afternoon.

The release said: “According to article 28 and 29 of the DMP ordinance, the DMP com-missioner can ban procession, public gather-ing, carrying arms and explosive substance in the Jatiya Sangsad area during session.”

The area includes Mohakhali crossing to Banglamotor area via old airport, West part of Banglamotor to SAARC fountain, the adjacent roads of the parliament. l

NEWS2DT

NEWS 3D

TMONDAY, AUGUST 31, 2015

Court rejects a Section 57 writ, hears anothern Ashif Islam Shaon

A High Court bench yesterday rejected a writ petition � led by a lawyer challenging the le-gality of Sections 57 and 86 of the Informa-tion and Communication Technology (ICT) Act terming it premature.

The bench of Justice Quazi Reza-Ul-Haque and Justice Abu Taher Md Saifur Rahman said that the government had already begun con-sidering some changes in section 57.

Supreme Court lawyer Yunus Ali Akhand � led the petition on August 27 since as the authorities did not respond to his legal notice served on the matter the previous day.

Following the order, Deputy Attorney Gen-eral Tapos Kumar Biswas told reporters that the petitioner could not place any appropri-ate argument supporting his plea. The court

told the petitioner that he would be allowed to move another writ petition if any new ground is mentioned.

On August 26, Yunus sent legal notices to the secretaries of the Law Ministry, ICT Min-istry and Cabinet Division saying that the two sections were discriminatory and unconsti-tutional. Section 86 of the Act states that the government employees cannot be made ac-cused of the o� ences under section 57 (1).

Meanwhile, another High Court bench, comprising Justice Farah Mahbub and Jus-tice Kazi Md Ejarul Haque Akondo, yesterday heard another petition � led challenging the section 57.

During the hearing, petitioner Zakir Hos-sain’s lawyer Emran A Siddiq told the court that section 57 provides the administration with unrestricted discretion and that it violates

articles 27, 21, 32 and 39 of the constitution.Siddiq said that the maximum punish-

ment under section 57 is 14 years’ jail, under the Penal Code two-year imprisonment while seven-year jail under the Pornography Con-trol Act for the similar kind of o� ence. It gives the government scope to choose any law to try an accused.

The court later set today for hearing the state’s arguments on the matter. Attorney General Mahbubey Alam would represent the state during the hearing.

Zakir moved the petition on Wednesday urging the court to declare the section uncon-stitutional.

His former wife � led a case against him with Pallabi police on July 24 this year accusing him of harassing her by writings on Facebook.

On August 26, 11 citizens, including univer-

sity teachers and activists, sent a legal notice to the government requesting it to scrap section 57.

Debate over section 57 and demands for its cancellation began since the formulation of the Act in 2006. But the controversy intensi-� ed when veteran journalist and war crimes trial campaigner Probir Sikdar was arrested and sent to jail in a case � led for defaming a minister.

Journalists, rights bodies and writers have been demonstrating demanding cancellation of the controversial provision.

The law minister, Anisul Huq, recently said that the government would consider revising the section as many people raised questions about it. Senior Awami League leader Suran-jit Sengupta, also the chairman of the parlia-mentary watchdog on the Law Ministry, too advocated for its cancellation. l

Mirza Abbas indicted, faces arrest warrant n Md Sanaul Islam Tipu

A Dhaka court yesterday issued arrest war-rants against BNP Standing Committee Mem-ber Mirza Abbas, now fugitive, and 38 others in two cases � led for torching buses during a party programme at Mirpur in 2010.

Metropolitan Magistrate Md Mahbubur Rahman passed the order after framing charg-es against 86 leaders and activists of the BNP led-alliance including the 39 accused.

The court issued the arrest warrants as they did not appear before it during the hear-ing. It also directed the o� cer-in-charge of Mirpur police to submit reports on the execu-tion of the warrants by November 25.

“The defence counsels submitted a time petition today [yesterday]. But the court re-jected the petition and issued arrest warrant against the accused,” he added.

Meanwhile, another Dhaka court yesterday rejected the bail petitions of BNP Joint Secre-tary General Amanullah Aman in 10 violence cases.

Metropolitan Sessions Judge M Kamrul Hossain Mollah passed the order after hearing the petitions. l

Niko case � nal hearing in Novn Aminur Rahman Rasel

The � nal hearing on two lawsuits including one for payments from gas sales � led by Niko Resources (Bangladesh) Ltd with the Inter-national Centre for the Settlement of Invest-ment Disputes (ICSID) against the Bangladesh government, Petrobangla and Bapex will be held in November 2-7 in London.

The tribunal experts and representatives of the parties will take part in the hearing. The day was reserved for parties to question the tribunal experts on speci� ed issues, it said in an order on August 19.

The ICSID is a part of the World Bank Group that facilitates the arbitration of legal investment disputes between international investors and host states. The three-member tribunal constituted in 2010 is presided over by Michael E Schneider of Germany.

A fresh date for the parties’ comments on the reports of the tribunal experts will be � xed to-day. Each party may respond to the other party’s comments by September 30. These responses must be strictly limited to the points raised in the parties’ comments, including any observations of the parties’ experts, the order said.

The tribunal envisages a procedural con-sultation by telephone conference prior to the

hearing and propose such consultation to be held during the week of October 19, it said.

For the hearing, the Bangladesh govern-ment has changed its lawyer. Earlier, barrister Taw� que Newaz, husband of former foreign minister Dipu Moni, took part in the hearings.

The government has appointed USA-based law � rm Foley Hoag LLP’s lawyer Derek Smith and Serajul Huq’s Associates’s lawyer barrister Imtiazuddin Ahmed Asif for the Niko case.

“We are taking preparation to move the law-suits,” Petrobangla Chairman Istiaque Ahmad told the Dhaka Tribune yesterday.

In 2010, Niko � led a lawsuit with the ICSID after Petrobangla withheld payments on gas sales from the Feni Gas Field from 2006. It � led another case involving compensation for the two blowouts occurred at Chattak gas � eld in 2005, after a Bangladeshi court held Niko liable for the accident.

The blowouts took place while drilling at the gas � eld in Sunamganj, locally known as Ten-gratila � eld, on January 7 and June 24, 2005.

A government-formed probe committee held Niko responsible for the blowouts. On June 15, 2008, a case was � led against Niko with the Second Joint District Judge’s Court in Dhaka seeking Tk746.5 crore in compensation. The proceedings of the trial are still pending. l

Order on Zafrullah’s contempt Tuesday n Ashif Islam Shaon

The International Crimes Tribunal 2 will de-liver order on the contempt of court proceed-ings brought against freedom � ghter and Gonoshasthaya Kendra founder Zafrullah Chowdhury on September 1.

Tribunal Chairman Justice Obaidul Hassan deferred the date without citing any reason. Zafrullah was present before the court.

On August 10, the three-member tribunal � xed yesterday to deliver the order, a day after Zafrullah, a Magsaysay Award winner, o� ered unconditional apology before the tri-bunal for his remarks.

On June 10, Zafrullah had served a one-hour imprisonment in the courtroom and was � ned Tk5,000 for criticising a verdict that penalised Bangladesh-based UK journal-ist David Bergman in December on contempt charges. l

Press Club cancelled Odhikar’s eventn Kamrul Hasan

Rights body Odhikar could not hold its sched-uled programme yesterday to observe In-ternational Day of the Victims of Enforced Disappearances as the National Press Club au-thorities cancelled their decision to host the programme.

Odhikar initiated the event together with Asian legal Research Centre, Asian Federa-tion of Human Rights and Asian Federation against Involuntary Disappearance(AFAD). Family members of at least 24 disappeared persons were supposed to share their experi-ences at the programme.

“On Saturday afternoon, an o� ce sta� of the National Press Club called our o� ce and said that the programme had been cancelled. Then I called Kamrul Islam Chowdhury, the secretary of newly-formed Ad-hoc commit-tee. He informed me that they would arrange a programme at the venue at the same time,” Odhikar President Prof CR Abrar told the Dha-ka Tribune yesterday.

Press Club President Sha� qur Rahman ac-knowledged the matter while talking to the BBC.

Prof Abrar also alleged that some of the victims’ families were asked by unknown people, over the phone on Saturday noon, not to take part in the event.

He claimed that two persons with walkie talkie had gone to Odhikar Secretary Adilur Rahman’s residence on Saturday and en-quired about him.

A former deputy attorney general during the BNP-Jamaat government, Adilur is cur-rently on bail in a case � led for giving distort-ed information about the death toll in police action on Hefazat-e-Islam’s Motijheel rally on May 5, 2013.

In early August, the Police Headquarters in a statement said that Odhikar was spreading subversive propaganda by claiming that the law enforcers had been involved in extrajudi-cial killings.

The statement came after Odhikar claimed that seven people had been killed extra-judi-cially in the name of “cross� re, encounters, gun� ghts” of the law enforcers in July. Of them, � ve were killed by elite force Rapid Action Battalion while the two others by the police. l

Jatiya Adivasi Parishad and Shahebganj-Bagdadam Bhumi Uddhar Sangram Committee of Gobindaganj, Gaibandha stage a demo in front of the National Press Club yesterday to realise ancestral properties from the authorities of Mahimaganj Sugar Mills of Rangpur SYED ZAKIR HOSSAIN

MONDAY, AUGUST 31, 2015NEWS4DT

Inu stresses capacity building of civil servantsn Tribune Report

Information Minister Hasanul Haq Inu yester-day emphasised enhancement of performance of public servants by building skills and also said they should shun the culture of lobbying.

He said the level of performance of gov-ernment employees would decline if they were ignorant of the constitution.

“Bangladesh has to gain the ability to stand at the same level as other countries in this region and also the rest of the world. To do so, policies and their implementation need to be adjusted accordingly. The Government Performance Management System (GPMS) can help public servants focus and align their expertise with the right institutions,” Inu said while addressing a seminar arranged by Brac Institute of Governance and Development in partnership with the World Bank Group at Pan Paci� c Sonargaon Hotel in the capital.

The seminar was arranged to help design

a plan for performance management system of Bangladesh Public Service Commission (BPSC) and Information Commission under phase two of the “Community of Practice”.

Cabinet Secretary Muhammad Musharraf Hossain Bhuiyan said civil servants should remain accountable not only personally but also o� cially.

“A public servant will not only be assessed at the individual level but also based on how much he has contributed to the success and accountability of his institution,” he said.

Dr Sadaat Husain, former chairman of BPSC who delivered the keynote address, said he believes that much of the corruption hap-pens at the top four levels of the government.

“If public servants at those levels remain free from corruption, there will be no corrupt prac-tices at the bottom levels. The Cabinet Division is preparing documents for all other divisions so that their quality of performance can be assessed in relation to a number of indicators,” he said.

“The Community of Practice has been successful so far and the Cabinet Division is working in conjunction with the BPSC. It will be interesting to see how the collaboration plays out in the future,” he added.

Former and incumbent members of the BPSC and Information Commission, experts from di� erent � elds, government o� cials, civil society members, and representatives from di� erent academic and research institu-tions, NGOs and international organisations were present at the seminar. l

UGC chairman: Latest knowledge to turn youths into human resourcesn Tribune Report

The University Grants Commission chairman yesterday underlined the need for transform-ing the country’s youths into human resourc-es by providing them with the latest knowl-edge and enhancing their skills.

Speaking at a training for peer reviewers at the commission’s auditorium, Professor Ab-dul Mannan said 65% of the country’s popu-lation are aged below 35 and a good education could turn them into human resources.

The two-day training inaugurated by Pro-fessor Mannan was organised by the UGC as part of the Higher Education Quality En-hancement Project (HEQEP).

The UGC chairman said the key objective of university education is to create and dis-seminate new knowledge among learners.

HEQEP Director Dr Gauranga Chandra Mohantha presided over the session while Professor Dr Mesbahuddin Ahmed, head of UGC’s quality assurance unit, delivered the welcome address.

Dr Rozilini Fernandez-Chung of Malay-sia’s HELP University, who is a global expert on quality assurance, trained peer reviewers, who will be reviewing self-assessment re-ports due to come from di� erent universities of the country under the HEQEP.

Dr Md Mokhlesur Rahman, senior opera-tions o� cer at the World Bank, was present at the inauguration.

A total of 29 directors and additional direc-tors from 13 public and private universities participated in the training. l

Moudud gets four more days to appeal n Tribune Report

BNP leader Moudud Ahmed was granted four more days to � le an appeal against a High Court order to try him in grabbing a house in the capital yesterday.

The four-member Appellate Division bench led by Chief Justice Surendra Kumar Sinha granted BNP Standing Committee member Moudud until September 3.

Moudud was supposed to � le the appeal yesterday. He prayed for time saying he did not receive the copies of the previous order.

Moudud represented himself during the hearing while Khurshid Alam Khan stood for

the Anti Corruption Commission (ACC).In 2013, the ACC � led the case accusing

Moudud of illegally occupying a house in Gulshan.

In May, 2014 the investigators � led the charge sheet to the trial court and in Septem-ber a Dhaka Court accepted it.

Moudud moved the High Court seeking re-view of the charges acceptance.

On Jun 23, this year, the High Court reject-ed his petition and Moudud then moved to the Appellate Division.

According to the case, the house at Gul-shan Moudud Ahmed has been living in since 1973, actually belongs to a Pakistani nation-

al Md Ehsan who had received the rights to the house from the then Dacca Improvement Trust (DIT) in 1960.

He along with his Australian wife Inje Ma-riah, who was added as another owner of the house in 1965, left Bangladesh during the lib-eration war in 1971.

As they did not come back, the government in 1972 listed the property as abandoned.

ACC � led the case against Moudud and his brother Monjur Ahmed for grabbing the prop-erty as it was still a state property.

On Aug 23 this year, the SC stayed proceed-ings of the case and ordered Moudud to � le a leave-to-appeal petition by August 30. l

Speakers: Revise policies to � ght climate change e� ectsn Tribune Report

Environment and development activists have urged the govern-ment to revise the current en-vironment policies in order to � ght the adverse impacts of cli-mate change more e� ectively.

“The government’s environ-ment policies are not suitable to � ght the adverse e� ects of climate change because they are self-contradictory,” said Ab-dul Matin, secretary of Bangla-desh Poribesh Andolon, while addressing a discussion in the capital’s CIRDAP auditorium yesterday. The experts said it was also time to introduce gen-der perspectives in the policies as women and children are es-pecially vulnerable to the ef-fects of climate change.

The event, jointly organised by gender-equality advocate Steps Towards Development and children’s rights advocate World Vision Bangladesh, was followed by the presentation of a report titled “Gender Anal-

ysis of Economic and Social Cost of Local Climate Change in Bangladesh,” by Ranjan Kar-maker, executive director of Steps Towards Development.

According to the report, unemployment is on the rise, especially in the rural areas, which is fuelling malnutrition.

Farming, which is the prima-ry choice of profession in the ru-ral areas, is becoming more and more di� cult due to climate change e� ects, and local farm-ers are being forced to abandon the only profession they have experience in, the report said.

Presided over by Wilfred Sikukula, group director of World Vision Bangladesh, the discussion and presentation was also addressed by Dr A Atik Rahman, executive di-rector at Bangladesh Center for Advance Studies, and Dr Mahbuba Nasreen, director at the Institute of Disaster Management and Vulnerable Studies of Dhaka University addressed, among others. l

‘A public servant will not only be assessed at individual level but also based on how much he has contributed to the success and accountability of his institution’

NEWS 5D

TMONDAY, AUGUST 31, 2015

Chinese company to fund Dasherkandi treatment plant constructionn Abu Hayat Mahmud

Chinese company HydroChina Corporation has signed an agreement with Dhaka Water Supply and Sewerage Authority (Wasa) to � -nance the construction of Dasherkandi sew-erage treatment plant.

Chen Guanfu, vice-president of HydroChi-na, and Taqsem A Khan, managing director of Dhaka Wasa, signed the contract at a hotel in the capital yesterday.

The much-awaited project, part of the Hatirjheel-Begunbari development project, will also be funded by Dhaka Wasa and the Local Government Division (LGD), sources told the Dhaka Tribune.

Sources at Wasa said the agency is estimating a cost of around Tk3,317 crore in building the plant, on 60 acres of land in Dasherkandi, Kh-ilgaon, and hopes to � nish the project by 2019.

However, it has yet to decide which com-pany will be in charge of the construction or when the project will take o� .

Sources at the LGD said the initial estimat-ed cost of the project was Tk425 crore when Wasa planned to launch the project in Janu-ary 2011, aiming to � nish by December 2013, but lack of su� cient fund delayed the project.

But various private companies have re-cently shown interest in investing in Wasa projects due to the agency’s streak of success, HydroChina being one of them, said Taqsem.

“Our success stories are being studied by several Saarc countries who are looking to im-plement our methods,” he told reporters.

Chen Guanfu said HydroChina was in-spired by the recent successes of Dhaka Wasa and it was hoping to construct a fully-e� cient sewerage treatment infrastructure in Dasher-kandi.

However, Taqsem believes the agency still has a long way to go in improving the city’s sewerage facilities, as it currently has the capacity of covering only 30% of the capital when it comes to sewerage services.

Dhaka Wasa has an elaborate plan to do it, which includes constructing three more sew-erage treatment plants at Uttara, Mirpur and Rayerbazar in phases, as well as upgrading the existing plant in Pagla, Narayanganj, ac-cording to Wasa o� cials.

“After all four plants are established, the Dhaka-dwellers will get modern sewerage facilities,” Taqsem said, adding that the ren-ovation of Pagla plant would likely start early next year.

Hatirjheel water to get betterExperts said the Dasherkandi project will im-prove the quality of water in Hatirjheel-Be-

gunbari canal, which is worsening every day due to a lack of proper sewerage treatment facility.

Sewerage that is currently disposed into the canal will be directed to the Dasherkan-di plant once it is � nished, saving the water from getting contaminated, said Dr Mujibur Rahman, professor at Buet.

“We have completed the feasibility study and sent a complete design of the project to Dhaka Wasa,” he told the Dhaka Tribune.

The Hatirjheel-Begunbari integrated de-velopment project aims to conserve rain wa-ter, improve the water quality in the canal, reduce water-logging in the capital and main-tain environmental balance.

The canal connects to the Balu River, which later joins the Shitalakkhya River. So, the plant will also prevent water contamina-tion in these river, experts said. l

Three more give deposition in blogger Rajib murder casen Md Sanaul Islam Tipu

Three more prosecution witnesses yesterday gave depositions in the case � led over the kill-ing of Gonojagoron Moncho activist Ahmed Rajeeb Haider murder in the capital.

Judge Syeed Ahmed of Dhaka Speedy Trial Tribunal-3 recorded the deposition of Md Mo-stafa, Akram Hossain Mithu and Abdul Mannan.

The tribunal also � xed September 8 for the next hearing.

With this, a total of eleven witnesses in-cluding Rajeeb’s father Dr Nazimuddin, young-er brother Newaz Mortaja Haider, cousin Kazi Galibul Islam gave depositions in the case.

Detective Branch (DB) of Police Inspector

Nibaran Chandra Barman submitted a charge-sheet accusing eight persons including An-sarullah Bangla Team Chief Mufti Jasim Ud-din Rahmani in the case.

The eight charge-sheeted accused are An-sarullah Bangla Team chief Mufti Jasimuddin Rahmani, Redwanul Azad Rana (absconding), Md Faisal Bin Nayem alias Dweep, Maksudul Hasan alias Anik, Md Ehsan Reza alias Rum-man, Nayem Sikdar alias Iraj, Na� s Imtiaz and Sadman Yasir Mahmud.

All of the seven are the former students of North South University. Rajeeb was hacked to death at Pallabi in the capital on February 15, 2013. His father Dr Nazimuddin later � led a murder case with Pallabi police station. l

Court sta� on remand over forgeryn Md Sanaul Islam Tipu

A Dhaka court yesterday placed a court em-ployee on a 3-day remand in a forgery case.

Haji Md Moslehuddin Bhuiyan, a bench assistant of Dhaka Second Additional Metro-politan Sessions Judges Court, was accused of issuing fake bail orders by forging the signa-ture of the judge.

Metropolitan Magistrate Snigdha Rani Chakrabarty gave the remand order after An-ti-Corruption Commission’s Deputy Assistant Director Md Sa� ullah, also the investigating o� cer of the case, produced the accused be-fore the court with a 10-day remand plea.

Defence counsel Kamrul Hasan Chowd-hury � led a petition seeking cancellation of the remand order but the court denied it. l

Verdict on Khaleda’s appeal any dayn Ashif Islam Shaon

The High Court yesterday � nished hearing BNP Chairperson Khaleda Zia’s appeal to scrap the proceeding of Barapukuria coal mine graft case � led against her.

The bench of Justice Md Nuruzzaman and Justice Abdur Rob put aside the judgment for another day after concluding argument on her petition.

The court will deliver the verdict any day. The court also extended its previous order

that stayed the proceedings of the case until delivery of the verdict.

On August 23 the High Court rejected two petitions of Khaleda Zia seeking the records and � nal report on Barapukuria corruption case.

Khaleda � led the petitions on August 18 to learn about the legal procedure under which the ACC appointed the second investigation o� cer (IO) after the � rst IO had ex-empted her from the charges on June 2008.

The case was � led illegally against her to politically harass her, she said in the petition.

The ACC on February 26, 2008, � led the case with Shah-bagh police station accusing Khaleda and 10 of her former cabinet colleagues of taking Tk159 crore in kickbacks on the Barapukuria coalmine deal awarded to the highest bidder instead of the lowest one.

In 2008, the High Court stayed the case proceedings and in a ruling asked the govern-ment and the Anti-Corruption Commission to explain why the case should not be dropped.

The court extended the stay order on the case several times in the past. The latest six-month extension was ordered on April 10. l

NEWS6DTMONDAY, AUGUST 31, 2015

SBMCH interns observe work abstention n Our Correspondent, Barisal

Interns of Barisal Sher-e-Bangla Medical College Hospital ob-served work abstention for three hours yesterday, demanding measures to increase their allowances.

About 180 intern doctors did not perform their duties since 10am to 1pm to press home their demand.

During the work abstention, the interns also held a rally in front of emergency department of the medical college hospital.

Speakers at the rally said the government paid Tk 10,000 per month as allowance to an intern-doctor who are attached with a public hospital. It is di� cult to lead life with small the amount as prices of essentials are increasing day by day, the said.

They also threatened to announce tougher programme if the government failed to ful� ll their demand within next 15 days. l

Muggers snatch Tk1 crore shooting three n Tribune Report

A gang of muggers took away about Tk1 crore shooting three peo-ple in Mithachara area, Mirsarai upazila, Chittagong yesterday morning.

The bullet-injured people - petrol pump owner Emran Uddin, 40, Jahangir, 45, and Barun Chowdhury, 46, – were admitted to Chittagong Medical College Hospital (CMCH), said O� cer-in-Charge of Mirsarai police station Imtiaj Md Ashsanul Kader.

Emran, owner of Gangchil Filling Station, went to Pubali Bank, Mithachara branch with his two sta� to deposit Tk1 crore, said the OC.

When they got down from a car in front of the bank, a gang of muggers wearing masks opened � re on them and snatched two bags where the money were kept.

They were rescued by neighbouring people and taken to Mir-sarai Upazila Health Complex. Later, they were taken to the CMCH.

Bullet pierced through Jahangir’s right chest while Emran was hit in his waist and Barun sustained bullet-hit in his right hand, said sources at the CMCH.

“During primary investigation, police found four persons riding with two motorbikes took part in the mugging operation. Police were conducting drives at the di� erent parts in the upazila to arrest the muggers”, the OC said. l

50 students injured in attack on human chainn Our Correspondent, Habiganj

At least 50 female students were injured as criminals yesterday attacked a human chain programme that was organised demand-ing arrest and punishment of the perpetrators who tease the fe-male students of a school in the district.

Sources said a group of miscreants at Pukurpar area under Ba-hubal upazila teased the students of Faizabad High School while they went to school.

The managing committee of the school held arbitration sev-eral times over the issue. But the problem could not be solved.

Around 10am, locals, students and teachers organised the programme at the school premises demanding exemplary pun-ishment of the culprits. At one stage, the miscreants attacked the female students, leaving 50 of them injured who were participat-ing the programme. They also attacked the school building and vandalised furniture.

On information, police went to the spot and brought out the situation under control.

Mosarraf Hossain, o� cer-in-charge of Bahubal model police station, said the police � red 40 bullets to bring the situation un-der control.

The miscreants con� ned the teachers, managing committee members, students in a room. The police rescued them around 1pm, the OC said.

“We are trying to arrest the culprits who are involved with the incident,” he also said. l

MONDAY, AUGUST 31, 2015NEWS 7

DT

Source: Accuweather/UNB

D H A K ATODAY TOMORROW

SUN SETS 6:18PM SUN RISES 5:40AM

YESTERDAY’S HIGH AND LOW

34.4ºC 25.0ºC

Rajshahi Rangamati

SourceL IslamicFinder.org

F O R E C A S T F O R T O D A YDhaka 33 26Chittagong 31 26Rajshahi 32 26Rangpur 31 26Khulna 31 27Barisal 32 27Sylhet 28 24Cox’s Bazar 29 26

PRAYER TIMESFajr 4:23am

Sunrise 5:39amZohr 11:59am

Asr 4:27pmMagrib 6:18pm

Esha 7:36pm

WEATHER

MONDAY, AUGUST 31

THUNDERSHOWER WITH RAIN

JUST students protest meal-chargen Our Correspondent, Jessore

Students at Jessore University of Science and Technology (JUST) protested unfair meal-charge on Saturday night.

Sources said a group of female students of Sheikh Hasina Student Hall came out on the street around 9pm chanting slogans against its provost Nigar Sultana on charge hanging a notice demanding over meal-charge.

On information, 5-6 teachers went to the spot to bring out the situation under control. But the protestors con� ned them.

They also vandalised the provost room, its windows and furniture.

In the morning, Vice Chancellor Professor Dr Md Abdus Sattar met the students and brought the situation under control. He said the de-mand of the students had been met up. l

Wall collapse kills man n Tribune Report

A man was killed as a wall collapsed on him in Chiriakhana Road area, Mirpur police station in the capital yesterday.

Police said a portion of the wall had col-lapsed on Belal Hossain, 47, around 9:30am while he was standing beside it, leaving him critically injured.

He was rushed to the DMCH where he died. l

Three die as bus plunges into ditch n Our Correspondent, Cox’s Bazar

Three people were killed and eight others injured as a bus plunged into a roadside ditch in Eidgaon Islambadh area, Cox’s Bazar yesterday afternoon.

The deceased are Palongkhali union Ward 7 Member Kamal Uddin, 30, Rezia Begun, 35, wife of Amiruzzaman of Moheshkhali upazila and her son Sagar Uddin, 2.

The bus of Shyamoli Poribohon plunged into a roadside ditch on Cox’s Bazar-Chittagong highway when the driver lost his control over its steering around 4am. Rezia and her son died on the spot.

In-Charge of Chakaria Malumghat Highway police out post Anwar Hossain said: “On information, police went to the spot and sent the injured to di� erent local hospitals.

“We have seized the bus, but the diver and helper managed to � ee the scene.”

O� cer-in-Charge of Tulabagan highway police outpost Mujubur Rahman said: “Kamal died when he was taken to Chittagong Medical College Hospital.”

He said Kamal was the general secretary of Juba Dal’s Palongkhali union unit. l

Public varsity teachers continue pay scale protestn Tribune Report

Teachers of public universities across the country went on work abstention yesterday morning demanding a separate pay scale.

Dhaka University Teachers’ Association (DUTA) joined the programme organised by the Federation of Bangladesh University Teachers’ Association (FBUTA).

Teachers of all the 37 public universities in the country began the three-hour abstention at 10am threatening to go for “tougher pro-grammes” if their demands were not met.

On August 11, the FBUTA declared to boy-cott classes for three hours every Sunday of this month to press home their demand.

The DU teachers refrained from taking class-

es but examinations were held on schedule. Prof Maksud Kamal, secretary gener-

al of FBUTA, said: “We are not waging the movement only for an increased salary. The revision of the eight pay scale would help enhance the overall quality of education by making teachers accountable.”

He urged Prime Minister Sheikh Hasina to meet their demands immediately.

The other demands of the public universi-ties are – � xing same salary and allowance for senior professors equal to senior secretaries and same salary for professors and secretar-ies; upgrade their status the warrant of prece-dence, provision of cars and other allowances for them like the bureaucrats.

As part of the ongoing movement, teachers

from Khulna University (KU) took position be-neath of Odoimma Bangla statue on the cam-pus at 10am and stayed there for three hours.

Khulna University Teachers’ Samity President Dr Ahmed Ahsanuzzaman presided over the pro-gramme while its Vice-President Prof Dr Sordar Sha� qul Islam also addressed it among others.

Khulna University of Engineering and Technology (Kuet) teachers hold same sort of event on the corridor of its administrative building at the same time, where Kuet teach-ers’ Samity President Prof Golam Quader chaired. Many teachers addressed it as well.

The speakers claimed that a vested inter-est has been trying to destabilise the public universities through lowering their grade in the proposed eighth national pay scale.

They categorically declared they would keep the protest continued as long as it meets the demands, even tougher programme might appear on the need.

The teachers of Barisal University (BU) re-frained from taking classes and observed a sit-in on the campus on the aforesaid ground.

More than one hundred teachers from 18 departments under 6 faculties joined the programme on BU permanent campus from 10am expressing solidarity with the running movement of the FBUTA.

When contacted, BU Teachers Association Secretary Abdul Qaium said the country’s 37 public universities had decided to boycott classes for three hours every Sunday in this month to press home their demand. l

The Bharatia Parishad, a platform of tenants, forms a human chain in front of the National Press Club yesterday, protesting hike in gas and electricity tari� s SYED ZAKIR HOSSAIN

WORLD8DT

UN climate talks: The sticking pointsn AFP, Paris

The 195-nation UN climate talks resume Mon-day when rank-and-� le diplomats gather in Bonn to lay the foundation for a global climate pact to be inked in December at Paris summit.

Dozens of issues have stymied the negoti-ations, now into their third decade under the auspices of the UN Framework Convention on Climate Change (UNFCCC).

Here are the key points of contention–

MitigationThe UN has endorsed a ceiling of 2°C (3.6°F) over pre-industrial levels. But poor countries and low-lying, small-island states – which will be hit � rst and hardest by climate change – say it’s is not good enough, and favour a tougher goal of 1.5° C (2.4°F). Timing is important too: To have a 50/50 shot at 2° C, global CO2 emis-sions must peak by 2025 and drop dramatically thereafter. By 2050, humans must no longer be adding CO2 to the atmosphere.

FairnessThe 1992 UNFCCC charter enshrines a princi-ple that rich countries historically caused the problem, and should do more to � x it. That divide was entrenched in the Kyoto Proto-col which went into force in 2005 and placed emissions-curbing targets on industrialised nations only – excluding the US which did not sign up. Much has changed after: Fast-grow-

ing China and India have become the world’s number 1 and number 4 carbon emitters, and others who were labelled “developing” coun-tries 25 years ago, have since scaled the eco-nomic ladder. At the same time, the European Union and United States have slowed their

carbon pollution. Whether, or to what extent, the original “di� erentiated responsibilities” principle should be abandoned or modi� ed is hugely contentious in determining how to set emissions goals, veri� cation rules, and the � ow of � nancial aid.

MoneyOne of the few concrete decisions to come out of the 2009 UN climate conference in Copen-hagen was a pledge from rich economies to muster $100bn per year in � nancial support for poor countries, starting from 2020. Some of that money will help poor and develop-ing countries adopt technology to curb their own emissions. The rest will be earmarked for measures to adapt to climate impacts, like rising seas and spreading deserts, which can no longer be avoided. Where that money will come from and how it will be distribut-ed still has to be worked out. More recently, least-developed countries, small-island and developing states have presented an addi-tional demand for compensation for climate “loss and damage” to come – a non-starter with rich nations.

ReviewThe proposed Paris accord will have as its backbone a roster of voluntary national pledg-es for reducing carbon emissions. China, the US and the EU – which together account for more than half of global CO2 pollution – have already submitted theirs. But scientists say the sum of global commitments is unlikely to meet the 2° C objective. As a result, some countries have proposed putting in place a strict review process, starting in 2020, to see if the 2° C goal is on track and, if not, how countries can ratch-et up their contributions. l

MONDAY, AUGUST 31, 2015

Brazil ex-president Lula makes political comebackn AFP, São Bernardo do Campo

Brazil’s popular ex-president Luiz Inacio Lula da Silva declared on Saturday that he is re-turning to the bruising political frontlines to defend his successor, the embattled Dilma Rousse� .

“Our opponents talk about me from morn-ing until night... Well, it’s harder to kill a bird if he keeps � ying. That’s why I started � ying again,” Lula, 69, said at a rally in Sao Paulo state, a day after admitting he could even seek the presidency again in 2018.

“Well, now I am going to speak. I am going to talk. I am going to give interviews and I am going to make people uncomfortable,” Lula added.

On Friday he said that he did not want to see his ruling Workers’ Party lose power after 12 years.

“I have broad shoulders and I have been beaten up plenty in my life. Let’s see if our ri-vals give our beloved Dilma a little break and start being bothered by me again,” Lula said, alongside former Uruguayan president Jose Mujica in a rally.

Lula was in o� ce from 2003 to 2010 and was the country’s � rst democratically elected leftist leader.

He spent generously on social program-mess to reduce the number of Brazilians liv-ing in poverty and the economy boomed to the world’s seventh largest.

On his heels, Rousse� has been re-elected, but her popularity is at a staggering low of 8%, with the economy in recession and her gov-ernment rocked by corruption scandals. l

Modi accepts defeat on contentious land reform decreen Reuters, New Delhi

Indian Prime Minister Narendra Modi will let an executive order making it easier for busi-nesses to buy land lapse on Monday after fail-ing to win support from opposition parties in a major blow to his economic reform agenda.

Modi said on Sunday the government was ready to amend the proposed law and crit-icised the spreading of false rumours that made farmers afraid of the changes.

“I have always said that, in the dispute related to the land acquisition law, the gov-ernment is open minded,” Modi said in his monthly radio address. “I am willing to accept any suggestion for the bene� t of farmers.”

Leaders of Modi’s party said they had not given up on making it easier to acquire land needed to kick-start hundreds of billions of dollars in stalled projects. However, after fail-ing to win support in parliament, they may ask states to pass their own laws.

Modi has had to issue temporary executive orders in the past seven months that allow the government to forcibly purchase farmland for industrial development. He has failed to se-cure the votes in parliament needed to make the changes permanent. Land reform is criti-cal for Modi’s drive to build new roads, homes and factories and, if stalled, would blight his vision of 100 new ‘smart’ cities across India.

Con� ict between farmers and companies trying to secure land for industrial projects has hampered India’s plans to expand its network of highways, build mines and other infrastruc-ture, holding up about $300bn of investment. l

Brazil tumbles into recessionn AFP, Rio de Janeiro

Brazil has slipped into recession, the govern-ment admitted Friday, deepening the gloom in the world’s seventh largest economy al-ready battered by falling commodity prices, political crisis and a corruption scandal.

In the second quarter of this year, gross do-mestic product fell 1.9%, according to o� cial � gures. GDP had already been down 0.7% in the � rst quarter, the government statistics agency IBGE said, revising that � gure down further from the earlier estimate of minus 0.2%. Year-on-year, the second quarter growth was down 2.6%.

Brazil is now in its biggest contraction for six years and with the 2015 slump forecast to extend in milder form through 2016, econo-mists believe the country is headed for the longest recession since 1931.

Brazil’s economy has been tailing o� for four years, ever since the end of a boom fue-led by commodity exports, principally to Chi-na. Falling prices for oil and other commodi-ties have punched huge holes in the budget.

Adding to the economic malaise is a growing political crisis in which President Dilma Rousse� faces calls for her impeachment and discontent – even among many of her own supporters – over attempts to push through austerity measures.

Rousse� dismissed talk of a growing � nan-cial crisis.

“Brazil is a strong country that will grow, will overcome the di� culties, which are mo-mentary,” said the president during a speech to inaugurate a public housing complex in the northeast.

A huge corruption investigation named Op-eration Car Wash has revealed a bribes-and-em-bezzlement scheme revolving around state oil

giant Petrobras and involving politicians and senior executives. Rousse� ’s Workers’ Party has also been dragged into the scandal, fue-ling political instability.

“The GDP points to what Brazil has been experiencing recently: a strong recession, a pretty turbulent political situation, with in� a-tion rising, with rates rising,” said Alex Agos-tini, chief economist at Austin Rating.

“This has impacted on the con� dence of investors, or businesses and consumers.”

A quick recovery is not expected, with un-employment now at 7.5% and rising and the national currency, the real, down about 25% this year against the US dollar. In� ation is forecast at 9.56% this year.

This month a central bank survey of econ-omists for the � rst time indicated that the current contraction will continue through 2016, albeit at a shallower rate of 0.26%.

“If that forecast of a fall in GDP for two consecutive years is con� rmed then it will be the worst economic performance for Brazil in 85 years. The last time that happened was in 1930-1931,” Agostini said.

Friday’s � gures showed the steepest sec-ond quarter shrinkage in the industrial sec-tor, which includes the troubled oil industry centered on Petrobras, at 4.3%.

Agriculture, where Brazil is one of the world’s main producers of commodities like soybeans, sugar and poultry, slipped 2.7%.

Family spending fell 2.1%, the second con-secutive quarterly drop.

Moody’s has cut Brazil’s credit rating to near junk status, re� ecting growing struggles with debt and investor caution in a country that as part of the BRICS nations was once considered a lucrative bet. l

MONDAY, AUGUST 31, 2015

Huge protest in Tokyo against PM Abe’s security billsn Reuters, Tokyo

Tens of thousands of protesters gathered near Japan’s parliament building on Sunday to op-pose legislation allowing the military to � ght overseas, the latest sign of public mistrust in Prime Minister Shinzo Abe’s security policy.

In one of Japan’s biggest protests in years - organisers put the crowd at 120,000 - people of all ages braved occasional rain to join the rally, chanting and holding up placards with slogans such as “No War” and “Abe, quit.”

Demonstrators swarmed into the street before parliament’s main gate after the crowd size made it impossible for police, out in heavy numbers, to keep them to the side-walks. A second nearby park area also � lled with protesters.

The rally was one of more than 300 this weekend in Japan protesting Abe’s move to loosen the post-war, paci� st constitution’s constraints on the military. l

Taking on US immigrants a ticking time-bomb for Trumpn AFP, Washington, DC

Republican presidential aspirant Donald Trump has soared in opinion polls for the Republican presi-dential primary, but in� ammatory anti-immigrant rhetoric could cost him the crucial Latino vote in the 2016 White House race.

“What Trump is doing is political suicide,” says Patricio Zamorano, executive director of the con-sulting � rm Infoamericas.info.

Since launching his campaign in June, “The Don-ald” has catapulted to the top of the Republican polls, ahead of 16 other candidates, and at 28% this week he is streaking away from his nearest rival by 16 points.

Immigration has dominated the agenda since then, with Trump, 69, promising to build a wall to keep Mexicans – who he has attacked as drug traf-� ckers and rapists – from entering the United States illegally.

He has also promised to deport the more than 11m people living in the United States illegally and to eliminate their US-born children’s right to nation-

ality, which the outspoken Trump sees as a magnet for undocumented immigrants.

With his blunt speaking style and refusal to bow to mainstream political correctness, Trump – whom some Republicans slam as not conservative enough – actually has won a lot of support from the party’s most conservative, who are also the most active in primary voting.

But at the same time, the mega-rich developer has drawn anger and scorn from Hispanics, the fast-est-growing US minority group, numbering 54m, and 10% of voters.

Unsurprisingly, Trump is the least popular Re-publican candidate among Hispanics, a Gallup poll released last week found.

Trump’s meteoric primary surge has set o� alarms among Republican leaders who had been planning on delivering a strategy to woo Hispanics.

In 2016, to win the White House, Republicans will have to draw 47% of the total Latino vote – double what Romney won and more than the 44% that helped George W Bush win in 2004, according to pollsters Latino Decisions.

“The Latino vote is essential in getting the next president elected,” Zamorano said.

Michael Corn� eld, a political scientist at George Washington University, argued that Trump’s stands such as they are – with no other Republican candi-date challenging them – end up making the whole party look bad to Latinos.

instead of trying to get away from what critics say is Trump’s bombast, many of his Republican rivals have taken hardline stands themselves over immigration in an apparent e� ort to get some me-dia attention in a very crowded primary � eld.

Former senator Rick Santorum, who is polling at 1%, said he would ask Mexico to “stop facilitating the lawlessness on the border and cooperate with our e� orts.”

Louisiana governor Bobby Jindal also urged ending the right to US citizenship by birth, as Trump does.

Jindal is the son of immigrants from India, and Trump himself the son of an immigrant from Scot-land. Jeb Bush, son and brother of former presi-dents, is married to a Mexican immigrant. l

A Syrian migrant girl reacts as she and her family enter Hungary at the border with Serbia near Roszke, Hungary REUTERS

Britain attacks ‘broken’ EU migration systemn Reuters, London

Europe’s migration system is broken, British Interior Minister Theresa May wrote on Sunday, blaming its borderless system for exacerbating a migrant crisis and demanding tighter European Union rules on free movement.

A surge in migrants � eeing war and poverty has presented Europe with its worst refugee crisis since World War II and claimed the lives of thousands of people making perilous sea and land jour-neys to the continent.

Writing in The Sunday Times news-paper, May said the Schengen border code which eliminated systematic fron-tier controls across much of Europe, but which Britain is not part of, had fueled the migrant crisis.

“The events of this summer have shown that the most tragic consequences of a broken European migration system have been borne by those at risk of ex-ploitation,” May wrote.

Some European governments are con-sidering amending the Schengen code, but the European Commission, the EU executive which enforces it, insists it sees no need to change the rules, either to im-prove security or control migration.

“When it was � rst enshrined, free movement meant the freedom to move to a job, not the freedom to cross borders to look for work or claim bene� ts,” May said. “We must take some big decisions, face down powerful interests and reinstate the original principle.”

As an island nation o� northwest Eu-rope, Britain is far from the frontline of the EU-wide crisis that has seen hundreds of thousands of migrants and refugees pour into the bloc this year via countries like Italy, Greece and Hungary. l

Malaysian protests spill into second dayn Reuters, Kuala Lumpur

Thousands gathered for a second day of pro-tests on Sunday to demand the resignation of Prime Minister Najib Razak over a multi-mil-lion-dollar � nancial scandal, their spirits lift-ed by unexpected support from Malaysia’s longest-serving leader.

Hundreds slept out overnight in central Kuala Lumpur after the � rst day of a rally that has brought into the streets a political crisis triggered by reports of a mysterious transfer worth more than $600m into an account un-

der Najib’s name.Security remained tight and anti-riot

trucks stood ready. The � rst day passed with-out reports of violence and the rally resumed in a festive mood on Sunday with group exer-cises, a mass at the city cathedral and inter-faith prayers.

City authorities rejected an application by pro-democracy organisation Bersih for a pro-test permit, raising fears of a repeat of a 2012 rally when police used water cannon and teargas to disperse protesters.

The government blocked access to Bersih’s

website and banned the wearing of its signa-ture yellow T-shirts, although the crowd of protesters was a sea of yellow.

The protesters, whose numbers swelled into the tens of thousands on Sat-urday, were thrilled when former lead-er Mahathir Mohamad made a surprise appearance.

Bersih said the open support from Ma-hathir, a deeply respected 90-year-old who was once Najib’s patron and is now his fiercest critic, could add momentum to its movement. l

WORLD 9D

T

MONDAY, AUGUST 31, 2015WORLD10D

T

Apple to develop wearable tech for US soldiersn Reuters, Mountain View, California

A consortium of high-tech � rms and researchers, including Ap-ple and Boeing, has been awarded $75m to help develop elec-tronic systems packed with sensors � exible enough to be worn by soldiers or molded onto the skin of a plane.

US Defense Secretary Ash Carter said funding for the Obama administration’s newest manufacturing institute would go to the FlexTech Alliance, a consortium of 162 companies, universities and other groups, from Boeing, Apple and Harvard, to Advantest Akron Polymer Systems and Kalamazoo Valley Community College.

The group will work to advance the development and man-ufacture of so-called � exible hybrid electronics, which can be embedded with sensors and stretched, twisted and bent to � t aircraft or other platform where they will be used.

“This is an emerging technology that takes advanced � exible materials for circuits, communications, sensors and power and combines them with thinned silicon chips to ultimately pro-duce the next generation of electronic products,” Carter said.

He was speaking at Nasa’s Ames Research Center in the heart of Silicon Valley.

The consortium, which will be managed by the US Air Force Research Laboratory, will add $90m to the federal money. Local governments will chip in more, boosting the group’s total � ve-year funding level to $171m.

Defense o� cials say the rapid development of new technol-ogies around the globe is forcing the Pentagon to seek partner-ships with the private sector rather than developing most of its technology itself, as it once did. l

11D

TEDITORIALMONDAY, AUGUST 31, 2015

INSIDE

Biman Bangladesh airlines is ranked in the second lowest of � ve tiers for airline quality and customer service, in a new global survey of international airlines. Only one airline, Air Koryo of North Korea, was ranked at a lower level.

The report’s � ndings bode ill for any hopes that the state-owned carrier is likely to become an airline of which we can all be proud. More importantly, there is no end in sight to the saga of chronic mismanagement and over-sta� ng, which has, and is still, threatening to in� ict massive burdens on the tax-payer.

An airline can be small, but if it has a poor reputation and cannot professionalise customer service, it needs wholesale reform, not indulgence by the government as a vested interest.

It is long overdue to act on the logic of turning Biman into a public limited company and move to full privatisation, rather than see it being continued to be propped up by government subsidies.

A few new routes or aircrafts here and there, funded by new loans and tax-payer guarantees, will not be su� cient to reform its deep-rooted problems or make its performance more competitive.

Putting Biman in the private sector is the only practical way to give the airline’s management a chance to reform and rein in its heavy losses.

Tax-payer money can be better spent on improving infrastructure. Passengers are well-served by better managed airlines providing services both internally and internationally. With airline demand rising at 8% a year, passengers will continue to bene� t from increasing competition and investment by other carriers.

No added bene� t is provided to passengers or the country by wasting tax-payer funds on propping up Biman.

Government funds should focus on training more � ight engineers and pilots within the country and improving safety and infrastructure.

Focusing on improvements to civil aviation and building � rst-rate airport hubs to attract more competitive and better quality airlines, will be a better way to use government funds, rather than supporting Biman with endless subsidies.

Biman needs wholesale reform, not indulgence by endless government subsidies

Privatisation is the only way to make Biman pro� table

Has Japan adequately addressed all issues?

A tale of two countries, a tale of two airlinesOther airlines ranked with Biman include Syrian Air. With Dhaka ranking ahead of just Damascus in terms of livability, it seems Bangladesh and Syria are becoming fraternal twins. A portent, perhaps?

Be heardWrite to Dhaka Tribune

FR Tower, 8/C Panthapath, Shukrabad, Dhaka-1207

Email letters.dt@dhakatribune.com

Send us your Op-Ed articles:opinion.dt@dhakatribune.

com www.dhakatribune.com

Join our Facebook community:

https://www.facebook.com/DhakaTribune

PAGE 13

PAGE 12

PAGE 14

Remembering MacGyverBut MacGyver was not just a television hero; he went beyond the boundaries of the 20-inch box to secure an almost unassailable place in the evolving urban culture of the 1980s

It is amazing and praise-worthy that a country which was almost totally de-stroyed by war rose like a phoenix and became a major economic power-house in the world within 10 years

MAHMUD HOSSAIN OPU

OPINION12DT

MONDAY, AUGUST 31, 2015

n Mustafi zur Rahman Khan

Bangladesh has a population of 156 million and Ethiopia 90 million. Bangladesh’s gross domestic product (GDP) at purchasing power parity

(PPP) is $527bn, making ours the 34th largest economy in the world. Ethiopia’s GDP of $132bn ranks at 70th. Bangladesh's per capita income at PPP is $3,581 annually, while Ethiopia’s is less than half, at $1,455.

Bangladesh is a medium ranking country

as far as human development is concerned, with an HDI of 0.558, Ethiopia ranks even lower, with an HDI of 0.435. Even in terms of the Gini coe� cient, which measures the extent to which wealth is equitably distributed in a country, Bangladesh ranks marginally ahead of Ethiopia.

Bangladeshi legal migrant workers (most presumably traveling by air) remit $14bn annually, placing it among the 10 largest foreign remittance-earning countries in the world. Ethiopian migrant workers remit $450m. Bangladesh’s export earnings (which presumably includes goods shipped by air) is $31bn, putting it at 61st globally; Ethiopia earns a tenth of it, $3.2bn to be precise.

There are signi� cant, and increasingly successful, Bangladeshi immigrant communities in Europe, North America, and Australasia, who travel regularly to Bangladesh. Indeed, Bangla is the second most widely spoken language in London. The Ethiopian diaspora, by contrast, is much more marginalised.

By all indices, Bangladesh is a much more developed, economically diverse, and

globally integrated country compared to Ethiopia.

Now consider this: Skytrax, the global airline review and ranking website, has ranked Biman Bangladesh Airlines among the second worst airlines in the world. The only airline ranked worse than Biman is Air Koryo, the North Korean � ag carrier. Ethiopian Airlines, on the other hand, has a ranking of 3 stars.

Other airlines ranked with Biman include Syrian Air. With Dhaka ranking ahead of just Damascus in terms of livability, it seems Bangladesh and Syria are becoming fraternal twins. A portent, perhaps?

What is more signi� cant is the � eet size and range of operations of Biman compared with Ethiopian Airlines. Biman has 12 airplanes, of which eight are wide-bodied, though none of them are cargo, and serves 21 destinations. Ethiopian Airlines has 76, of which 38 are wide-bodied and 10 carry cargo, and serves 101 destinations. Ethiopian Airlines’ � eet includes 13 787s, which are at the cutting edge of aviation technology, and a further six are on order.

The two airlines have one thing in common though: Both airlines are state-owned.

I should mention that I am neither an economist nor an aviation expert. I do not profess to have any explanations nor do I have any remedies to suggest. I can only look at the statistics gleaned from the Internet. I can only ponder whether this is just further evidence of Bangladesh, though not poor, being among the most poorly governed countries in the world. l

Musta� zur Rahman Khan is a freelance contributor.

A tale of two countries, a tale of two airlinesThe sorry state of Biman continues to hurt our national image

Other airlines ranked with Biman include Syrian Air. With Dhaka ranking ahead of just Damascus in terms of livability, it seems Bangladesh and Syria are becoming fraternal twins. A portent, perhaps?

Despite being � nancially worse o� , Ethiopian Airlines out-paces Biman in every possible way REUTERS

OPINION 13D

TMONDAY, AUGUST 31, 2015

n Towheed Feroze

The word “MacGyver” is now included in the English dictionary and all credit for it possibly goes to the eponymous TV series from the

mid-80s where a man resorts to brain power rather than brawn to wriggle out of di� cult situations.

MacGyver, for many of us who were in their late teens in the 80s, was the ultimate TV hero.

Of course, there were many others before him, but if one TV star has to be named who stood out most between 1985 and 1989, then it has to be MacGyver -- the US secret agent travelling all over the world to solve complex missions without depending on any weapons

or gadgets.Come to think of it, he was the anti-007

secret agent, not relying on the specialised “Q” section for state-of-the-art spy weapons. Though in one of the episodes (“The Heist”), the actor, Richard Dean Anderson, wears a black tie, orders a drink at a casino and, when a girl comes to get acquainted, says suavely: “Bond, James Bond!”

What he used most was his intelligence and perspicacity which meant making the best of everyday items: Tin cans, half-� lled petrol containers, old rags, worn out leather belts, match-sticks, rusty wires, and an array of other items.

But MacGyver was not just a television hero; he went beyond the boundaries of the 20-inch box to secure an almost unassailable

place in the evolving urban culture of the 1980s.

No social analysis of Dhaka and other cities of that period can be complete without a reference to good old Mac.

The reason for this cult status was simple: The character showed that anyone with a little imagination could become a formidable force.

This meant any ordinary guy could become like him! And boy, how we tried!

Naturally, women loved Mac. In fact, just the word “love” would be an understatement. Girls of almost all ages worshipped the man.

Not exaggerating, the line: “I will say yes to your romantic proposal if you can be like MacGyver” was the pre-romance condition for many girls.

A lot of teenagers learned one of the most signi� cant lessons at the edge of the teenage years through the series -- wisdom applied with � nesse can always win hearts.

MacGyver, and everything he represented, became sought after.

In the TV series, he is seen wearing khaki chinos all the time and this form of trousers was totally new for most people in Bangladesh.

But to replicate the hero, one had to have a pair, and the best place was to scour the Gulistan second-hand market, known as the Nixon Market, since it � rst began with clothes from the US right after Liberation War in 1971.

I was one of the guys who went searching and, luckily, found a perfect match. I remember distinctly that when I wore those with a white shirt carrying a black jacket, just like a scene from the intro to the TV series, all my friends rushed to � nd a pair.

That feeling of exhilaration remains as one of the high points of my life.  

Trust me, today, chinos may be found everywhere from the Dhaka College foot market to the upscale shops, back then, the word was totally unknown.

Tall men began keeping their hair long, styled after the TV icon with Faisal, the actor, getting the epithet “MacGyver of Dhaka University.”

Faisal was a student of the department of political science and played national level

hockey. With the height being a plus point, he followed the style of the TV star, soon becoming the heart-throb of the DU campus.

To be honest, tall, short, slim or healthy, we all tried hard to emulate him!

So much was the craze that a song titled “Hello MacGyver,” possibly by Dolly Siantony, became a huge hit.

But if MacGyver increased sales of one item all over the world, then it was the Swiss multi-purpose knife.

This was the one thing he carried, using it in a variety of ways to make something out of nothing.

In a Dhaka which was still lagging behind many Western nations, the Swiss Army knife was not easily available. Soon, cheaper Chinese variations came and, for a while, these sold like hot cakes.

I am sure, today, it won’t be di� cult to � nd a Swiss knife in one of the many shopping malls of Dhaka.

At the height of MacGyver culture, a girl wrote a letter to Richard Dean Anderson and received a reply which was promptly printed in the newspapers.

MacGyver writes back … hell, that was news!

Regrettably, the actor never came to Bangladesh, otherwise he would have been overwhelmed by the attention.

As the word is now part of the English dictionary, all these memories of another age have come rushing back.

In a way, it’s a � tting tribute to a hero who

rejected all forms of violence.So, many years later, it’s natural to ask:

Where is MacGyver now? Well, for those who still remember the teenage infatuation and hold on to it with fondness, there is a new MacGyver Mercedes Benz Citan advert available on YouTube where Mac, shown as an aged mechanic, inadvertently � nds himself in a mess.

I am sure many of you will watch it; after all, it re-ignites the pleasures of a forgotten era when heroism was de� ned by intelligence and not by crass exhibition of materialism.

Dear Mac, we loved you then, we love you still! l

Towheed Feroze is a journalist currently working in the development sector.

Remembering MacGyverMacGyver was a cultural icon in Bangladesh in the 80s

But MacGyver was not just a television hero; he went beyond the boundaries of the 20-inch box to secure an almost unassailable place in the evolving urban culture of the 1980s. No social analysis of Dhaka and other cities of that period can be complete without a reference to good old Mac

MacGyver's Swiss army knife became an epitome of ingenuity BIGSTOCK

OPINION14DT

MONDAY, AUGUST 31, 2015

n Ashraf ud Doula

Japan after WWIIHaving learned an extremely costly les-son regarding the futility of waging war, Japan started a new chapter following

WWII and began to devote itself to the recon-struction of the country and to the recovery of its economy. It is amazing and praise-wor-thy that a country which was almost totally destroyed by war and was receiving aid from the US in the aftermath of the war, rose like a phoenix and became a major economic power-house in the world and a net donor country within 10 years.

By 1968, it had become the second largest economy in the world.

As Japan prospered, it started sharing its wealth with the developing nations of the world by way of providing ODA, which today stands at about 37.6 trillion yen (JPY 100: $1 approximately), of which 16.6 trillion is in loans, about 16.3 trillion in grants, and about 4.7 trillion is technical co-operation.

In the same spirit, Korea, a victim of Jap-anese occupation, concluded an agreement with Japan in 1965 on property claims and economic co-operation, in accordance with the San Francisco Treaty. Under the agree-ment, Japan provided Korea $300m in grants and $200m in long-term, low-interest loans.

Japan believes the issue of property claims between the two nations, including the claim by individuals, has been settled "completely and � nally" through this agreement. Today, Korea is a major trading partner of Japan and the two countries co-operate with each other in many international issues. But they still di� er on war issues, especially on the issue of the “comfort women.”

Similarly, Japan also provided ODA to China to the tune of 3.66 trillion yen which included loan aid, grant aid, and technical co-operation. Today, China is Japan's largest trade partner, and the bilateral trade stands at $312bn, of which the balance tips in favour of China.

There are nearly 25,000 Japanese compa-nies operating in China at the moment. Fur-thermore, a joint historical study conducted by China and Japan in 2010 released a report which pointed toward a new consensus on the issue of World War II-era atrocities. Yet, intractable di� erences exist between the two countries on war and historical issues as well as on maritime boundary disputes.

Bangladesh is also a major bene� ciary of Japanese ODA , and Japan has generously contributed to our various national develop-ment areas including infrastructure, human resource developments, poverty alleviation, disaster management, etc. Furthermore, during our war of liberation, the Japanese people extended their whole-hearted support to our cause. Japan was the � rst developed country to extend its recognition to Bangla-desh, immediately after our independence, on January 10, 1972.

Commensurate to its rising prosperity, Japan started sharing global economic and social responsibility, both near and far, sans

security matters, for it was restrained from doing so under Article 9 of its constitution, adopted during US occupation. The issue came to the fore following the First Gulf War, during which Japan contributed to the war in material and � nancial form, though it felt its contribution was not adequately appreciated.

Japan revises its defense policyDuring the Second Gulf War, Japan engaged in refueling operations in the Indian Ocean and also dispatched Self-Defense Force (SDF) personnel to Iraq to participate in the recon-struction e� ort. The shift in Japan's defense policy was reportedly aimed at pro-actively contributing to international peace.

However, the initiative was hamstrung, as the Japanese SDF personnel were barred from carrying arms and, at times, their own lives came under threat while carrying out their duties. There was also pressure from the United States to share increased burden of security under the “US-Japan Security Pact.” The issue had come under intense debate both within the Diet (Japan's parlia-ment) and outside for a number of years, drawing close scrutiny from China and Korea.

Finally, in May 2014, the Japanese govern-ment framed a new parliamentary legislation on "peace and security" under which the SDF would be able to participate pro-actively in collective defense along with the United States and other friendly countries and use force in the event of an attack on Japan.

Such use of force will only be used in the territory of Japan and the waters around it. The legislation has incorporated a number of conditions and situations when the SDF

can use such force. While framing the new legislation, the Japanese government was mindful of the rise of military power of China on one hand and the menacing nuclear threat by North Korea on the other.

Nonetheless, the new development was perceived with alarm by China and Korea, both of which called it an attempt at re-mili-tarising Japan.

Japan constitutes advisory panel on historyThe Japanese government had earlier consti-tuted an advisory panel on the "History of the 20th Century and on Japan's role and world order in the 21st century.” The advisory panel, which consisted of 17 members mostly drawn from the leading academic elites, think-tanks, the media, and the private sector, submitted its report on August 6 this year.

The advisory panel conducted a dispas-sionate research and study of the 19th and 20th century history of the world order, the rise of colonialism pursued by the Western powers, the mistakes committed by the Japanese government at the time in pursu-ing war and colonialism on its neighbours, among other things. It also made an attempt to reason as to why Japan had chosen this path, admitting, in the same breath, that it had been a mistake.

The report recognised Japan's aggression in the neighbouring countries and the atroci-ties it in� icted upon them and how much the country itself has su� ered due to the war.

It also held that, whether intended or not, Japan's involvement in the war did end up promoting the independence of the colonies in Asia. And, after the war, Japan helped

the newly independent countries to stand on their own feet through reparations and economic co-operation.

As to what lesson has been learnt, the pan-el recommends that Japan should resolutely renounce war and that war should never be used as a means of settlement of internation-al disputes, which should only be resolved through peaceful means.

It also recommends that "peace, rule of law, liberal democracy, respect for human rights, the free trade system, self-determi-nation, support for the economic develop-ment of developing countries,” which have characterised post-War Japan, must remain unchanged and should form as the corner stone of Japan's policy in the future.

It also surmised that Japan has adequately expressed its remorse over its actions and made due compensation over the years through various means. It also mentions the “comfort women” and what Japan has done to relieve their pains and would continue do so in the future through various means.

The study also reviewed the path of peace and development Japan has undertaken in the post-War era and what it has done inter-nationally in pursuit of those goals by provid-ing ODA to di� erent developing countries.

On the question of what role Japan should play in the 21st century, the panel, while taking note of the change in the balance of global power both in economic and security terms, recommends that Japan must play its international role commensurate to its economic power.

It speci� cally recommends intensi� ca-tions of Japan's contribution to the interna-tional order through various UN and other international bodies, increasing its ODA con-tribution, contributing to peace and devel-opment, and supporting other global social issues, including women, the environment, inter-civilisational dialogue, and opening Japan by removing domestic regulation so as to adopt diversi� cation, among others. It also recommends creating opportunities for researchers from around the globe to engage in joint studies on world history and Asian history. l

Ashraf Ud Doula is a former Ambassador to Japan.

Has Japan adequately addressed all issues?Japan’s journey into national prosperity is praise-worthy. This is the second part in a three-part series

It is amazing and praise-worthy that a country which was almost totally destroyed by war and was receiving aid from the US in the aftermath of the war, rose like a phoenix and became a major economic power-house in the world and a net donor country within 10 years

Japan's advisory panel praised its economic recovery, but encouraged further actions towards international peace REUTERS

15D

TBusiness MONDAY, AUGUST 31, 2015

Fed: Rate hike next month hinges on market volatility

17Hike in gas, power tari� weigh on stocks

19DBS chief: China economy ‘not falling o� a cli� ’

16Mobile operators concerned over draft tower guideline

20

TREND OF TRADE UNION REGISTRATION Year Number of Trade Union registered

1983-2000 1002000-10 1362011 12012 12013 832014 1852015 (till August) 58Grand total 464

Economists suggest devaluation of Taka n Tribune Report

The devaluation of Bangladeshi currency is now the order of the day to retain competitive-ness in global market as appreciation of taka against dollar intensi� es the crisis of export sector and hurts remitters, suggests experts.

“It is time to think over the depreciation of local currency to adjust price in the global market,” said Bangladesh Bank Former Gov-ernor Salehuddin Ahmed.

Bangladesh Bank should give attention to exchange rate following an analysis of advan-tages and disadvantages of currency devalua-tion to absorb the shock created by the down-turn of currencies in Asia region, he observed.

Salehuddin was speaking as the chief guest at a focus group discussion on “Devaluation of Yuan, Gold and Fuel Price Fall: Impact on Bangladesh.”

Financial Excellence Limited (FinExcel) held the discussion yesterday in the capital.

Criticising the monetary policy, the former governor said the central bank is continuous-ly taking a conservative monetary policy in-stead of expanding credit growth space.

He views the excess foreign exchange reserve as bad for the country like excess liquidity.

“We should devalue the local currency because exporters are being a� ected,” said Shamsul Alam, GED member, Planning Com-mission.

He explained that the currency depreci-ation will not a� ect the importers as the im-port commodities remain in favourable price in global market.

Investment will go to an unproductive

sector like gold if taka is not depreciated, sug-gests the GED member.

The gold price is reduced in international market and it will be more cheap if the local currency becomes stronger against dollar.

Referring the export data he claimed that the devaluation of currencies in Asian region has already a� ected the export of Bangladesh.

He mentioned that export to India declined

by 15.74% in July compared to June followed by Malaysia 23.27%, China 26%, Indonesia 5% and EU Countries 13.38%.

But, Bangladesh experienced higher growth of export in the � scal year 2014-15 with the competitor countries even amid po-litical turmoil.

Bangladesh’s export growth with India in-creased by 33.21% in FY2014-15 compared to the previous � scal.

It was followed by Malaysia 68%, China 48.51% and EU Countries 4%.

The export earnings with Indonesia de-clined by 25.15% in the last � scal year.

The Indian currency depreciated 5.3% against dollar since January 2015 followed by Indonesia 12%, South Africa 13% and Malaysia 18%.

Ifty Islam, partner of AT Capital, said the garment sector has a big chunk of business in China and it is being heavily a� ected due to devaluation of Yuan.

The reduction in oil price in gulf region will a� ect the remittance coming from there.

He urged the government to take initiative to devalue local currency to protect the gar-ment sector and remitters.

Mamu Rashi, chairman of FinExcel, mod-erated the programme. l

Trade union registration boosts after Rana Plaza tragedyn Ibrahim Hossain Ovi

Trade union registration in the RMG sector has seen a sharp rise in recent years due to in-ternational pressures after the Rana Plaza col-lapse that shocked general consciences and strengthened a demand for workers’ rights.

However, the e� ectiveness of the trade unions is still low due to the ine� ciency of union leaders and lack of proper change in mind-set towards the unions, said union leaders and industry experts.

According to Labour Ministry, a total of 326 trade unions have been registered with Direc-torate of Labour since 2013 after the Rana Pla-za incidence.

Since 2012, there were a total of 138 trade unions in the sector, which stood at 464 till August 25, this year. In 2013, a total of 83 trade unions were registered while in 2014 it was 185 and as of August, 2015 the number is 58.

“The number of trade union registrations has increased due to international pressures including human rights organisations, global trade unions, consumer groups as well as re-tailers,” Syed Sultan Uddin Ahmed, assistant executive director of Bangladesh Institute of Labour Studies (BILS), told the Dhaka Tribune.

Earlier, the registration of unions was stopped through a consensus between the government and the owners, which is now

open due to mindset change after the tragedy in 2013, he said.

Talking on the unions � gure, Sultan Uddin said “it is not a matter of satisfaction” as there are over 3,500 RMG factories, while number of trade unions is 464.

The trade union leaders have to be more active and to increase communication with the workers to ensure workers’ rights, while the owners have to change mindset towards union, he said.

“But it will take time to be e� ective in prac-ticing collective bargaining and unionism,” he added, urging the government to ensure pro-tection for the workers who are engaged with the trade unions.

Trade unions cannot be made e� ective due to noncooperation from the owners as

workers’ leaders have to face the music for being involved in union, Sirajul Islam Rony, president of Bangladesh Garment Workers’ Employee League, said. “Of the total trade unions, less than 50 unions are e� ective in the factories.”

SM Ashrafuzzaman, director of Labour Di-rectorate, said: “We are not aware of any alle-gations against owners brought by the labour leaders as they did not � le complaint to the directorate.”

He said action would be taken as per the la-bour law if any one lodged complaints regard-ing trade unions.

“We provide registration based on the in-formation provided by the workers and if there is any wrong informa-tion we reject that.”

Babul Akhter, president of Bangladesh Garment and In-dustrial Workers Federation, said in true sense, there are ef-fective trade unions in 33 RMG factories, which can meet their demands through collec-tive bargaining.

“There was a verbal direc-tion from the government to register trade unions after the Rana Plaza collapse and GSP suspension. Taking the oppor-

tunity, we applied.”Reaz Bin Mahmood, vice president of the

BGMEA, said they wanted constructive trade unions formed by the factory workers but didn’t want to see the unions being politi-cised.

Sharp rise in trade union registration re-� ects the real picture of owners mindset as well as the government’s initiatives, said Reaz.

“We do not want those trade unions run by the local goons and work beyond their juris-diction.”

He added that the union leaders have to teach workers about their “Dos and Don’ts” and responsibilities, while talking on work-

100%

105%

110%

115%

120%

125%Se

p 14

Oct 1

4

Nov 1

4

Dec 1

4

Jan 1

5

Feb 1

5

Mar

15

Apr 1

5

May

15

Jun 1

5

Jul 1

5

Aug 1

5

USD/EUR

USD/CNY

USD/INR

USD/VND

USD/BDT

MAJ

OR CU

RREN

CY M

OVEM

ENT

BUSINESS16DT

MONDAY, AUGUST 31, 2015

CORPORATE NEWS

Islami Bank Bangladesh Limited has recently held a board meeting at its board room of Islami Bank Tower. The bank’s chairperson, Engr Mustafa Anwar presided over the meeting

DBS chief: China economy ‘not falling o� a cli� ’n AFP, Singapore

China’s economy may be slowing but it is “not falling o� a cli� ”, the chief executive of Southeast Asia’s biggest bank said Friday.

DBS Bank chief executive Piyush Gupta also said he does not see a repeat of the 1997-1998 Asian � nancial crisis arising from the turmoil in Chinese markets because the re-gion is on a far stronger footing than it was 18 years ago.

A slowdown in the Chinese economy, a sharp fall in share prices and the devaluation of the yuan against the US dollar have ham-mered � nancial markets worldwide, under-scoring China’s rising role as a global econom-ic growth engine.

“We’re not seeing the country, the econo-my or demand falling o� a cli� ,” Gupta said during a luncheon with the Foreign Corre-spondents Association in Singapore, referring to China.

DBS is Singapore’s leading bank and the largest in Southeast Asia in terms of assets.

“There are sectoral issues, some sectors will su� er and the country is slowing but it is not falling o� a cli� .”

Gupta said investors should take a broader look at China’s economy, noting that the drag came mainly from the industrial sector, in

particular construction.China’s services sector, which has taken on

a bigger role in the economy, is expanding, re-sulting in buoyant retail sales, he said.

“If you look at the headline retail sales

numbers for China, it’s still tracking 10-12% (growth),” he said.

“It used to be 12-14, it’s come o� a tad but 10-12% retail sales growth is not dramatically slow.”

Gupta also noted that while there has been a focus on the decline in the purchasing man-agers’ index (PMI) in the country’s manufac-turing sector, less attention has been given to the PMI for services.

China’s manufacturing PMI slumped to a 77-month low to 47.1 in August, according an independent survey.

The � gure, which dipped from July’s � nal reading of 47.8, was the worst since a reading of 44.8 in March 2009.

A � gure above 50 signals growth, while an-ything below indicates contraction.

Gupta said manufacturing alone does not give a complete picture of the economy, which is shifting from a heavy reliance on ex-ports to a greater role for domestic consump-tion.

The PMI for services rose to 53.9 in July which “explains why the retail sales numbers are relatively robust,” Gupta said.

“It’s not a smooth ride but they (Chinese authorities) haven’t lost the plot,” Gupta said.

He said Chinese o� cials were steering the world’s second biggest economy to a “soft landing” after years of rapid growth.

The Asian Development Bank last month projected China’s economy to grow 7% this year and 6.8% next year, down from a March estimate of 7.2% in 2015 and 7% next year. l

Workers � x second-hand robots in a factory in Shanghai REUTERS

IIF: Capital � ew out of emerging economies in Augustn AFP, Washington

Capital streamed out of emerging-market econ-omies in August as panicky investors dumped equities to the tune of $8.7bn, according to data from the Institute of International Finance.

Net out� ows of capital totaled $4.5bn, with debt in� ows only half o� setting the eq-uity sello� , the IIF reported late Thursday.

It was the � rst month this year of net neg-ative capital � ows to emerging markets (EM), and contrasted with a calm July, when equity out� ows were only $100m, compared to debt in� ows of $6.2bn.

The out� ow was particularly intense on Monday, August 24, triggering a “Flows Alert”

for the IIF, a global banking research and lob-by group.

“That day alone, the seven countries in our daily � ows sample experienced out� ows of $2.7bn, the same magnitude as September 17, 2008 during the week of the Lehman Brothers bankruptcy,” IIF said.

The main reason, according to the group, was the turmoil in China, where the Shanghai stock exchange on that day su� ered a 8.5% plunge.

“Weak commodity prices and ties to China have weighed on key EM equity markets, with markets already edgy in anticipation of Fed lifto� ,” the IIF said, referring to expectations of an interest rate increase by the US Federal Reserve. l

China’s Commerce Ministry defends devaluation, sees ‘limited’ impactn Reuters, Beijing

China on Saturday defended the recent re-vamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a “normal adjustment”.

State news agency Xinhua quoted an un-named Commerce Ministry spokesman as saying the devaluation will have “limited im-pact” on the country’s foreign trade.

On Aug. 11, in a move that stunned markets, China devalued the yuan by nearly 2%.

The devaluation was meant to correct a “relatively large deviation” between the yu-an’s spot rate in the market and the daily mid-point � xing by the central bank, the spokes-man said.

China allows the yuan to rise or fall a maxi-mum of 2% from a day’s midpoint.

The ministry spokesman said a country’s exchange rate hinges on its competitiveness and China’s economic reforms will help en-sure the yuan can remain “basically stable” within a “reasonable” and “balanced” level.

The remarks come on the heels of state media commentaries defending China’s pol-

icymaking, showing Beijing’s sensitivity to suggestions it may have fumbled economic policy.

China has billed its currency devaluation as a free-market reform measure, and denies allegations that it has started a round of com-petitive currency devaluations between gov-ernments to help exporters.

The ruling Communist Party has drawn much of its legitimacy in past decades from fostering economic growth and raising in-comes, and wants to be seen as a responsible player in the global economy.

On Thursday, Yao Yudong, head of the cen-tral bank’s Research Institute of Finance and Banking, told Reuters the past week’s global stock market rout was sparked by concerns over a possible interest rate rise by the US Federal Reserve and not by the yuan’s deval-uation.

He urged the Fed to delay any rate hike to give fragile emerging market economies time to prepare.

China had said the revamp in its foreign exchange regime was an e� ort to let market forces play a greater role in setting the curren-cy’s value.

O� cials in Washington, who had long pressed Beijing to move toward a more mar-ket-determined exchange rate, greeted the shift with some scepticism and indicated they would watch to make sure it was not meant simply to prop up China’s exports.

Chinese exports tumbled 8.3% in July, their biggest drop in four months and far worse than expected. l

‘The revamp in its foreign exchange regime was an e� ort to let market forces play a greater role in setting the currency’s value’

BUSINESS 17D

TMONDAY, AUGUST 31, 2015

Fed: Rate hike next month hinges on market volatilityn Reuters

The Federal Reserve on Friday left the door open to a September interest rate hike even while several US central bank o� cials ac-knowledged that turmoil in � nancial markets, if prolonged, could delay the � rst policy tight-ening in nearly a decade.

Some top policymakers, including Fed Vice Chairman Stanley Fischer, said recent volatil-ity in global markets could quickly ease and possibly pave the way for the US rate hike, for which investors, governments and central banks around the world are bracing.

With a key policy meeting set for Sept 16-17, at least � ve Fed o� cials spoke publicly in what amounted to a jockeying for position on whether increasing the Fed’s benchmark over-night lending rate was too risky amid an eco-nomic slowdown in China, a rising US dollar and falling commodity prices XAU= CMCU3.

“It’s early to tell,” Fischer told CNBC on the sidelines of the annual central banking confer-ence in Jackson Hole, Wyoming. “We’re still watching how it unfolds.” He, along with oth-er Fed o� cials, acknowledged that the global equities sell-o� that began last week would in� uence the timing of a rate hike, which un-til only a couple of weeks ago seemed increas-ingly likely to occur in September.

Concerns about China’s economy have whipsawed markets, including Wall Street, even while US economic data has been robust. US stock indexes ended largely unchanged, capping a week that included both the mar-ket’s worst day in four years and biggest two-day gain since the 2007-2009 � nancial crisis.

“I think they could settle fairly quickly,” said Fischer, a close ally of Fed Chair Janet Yellen.

St. Louis Fed President James Bullard told Reuters he still favored hiking rates next month, though he added that his colleagues would be hesitant to do so if global markets continued to be volatile in mid-September.

The Fed’s policy committee “does not like to move right in the middle of a global � nan-cial storm,” Bullard, a Fed hawk, said in an in-terview. “So one of the advantages we have is that this storm is occurring now and, at least as of now, we think it will be settled down” by the September meeting.

The comments suggest the next two and a half weeks will be critical for the Fed as well as for global markets. A US rate hike is expect-ed to hit emerging market equities and cur-rencies particularly hard, adding to the sell-o� s already seen.

The American economy, however, con-

tinues to shine despite longer-term concerns about low in� ation.

The US government reported this week that the economy grew at a 3.7% annualized pace in the second quarter, sharply higher than its previous estimate, and that consumer spending, which accounts for more than two-thirds of economic activity, rose again in July.

‘Hang out’ after a hikeInvestors and economists have been betting the Fed would delay a policy tightening to De-cember or later, prolonging the monetary stim-ulus that has kept rates at rock-bottom levels for more than six years and has pumped tril-lions of dollars into the global banking system.

But after Fischer spoke, traders added to bets that a rate hike would come this year, with overnight indexed swap rates implying a 35% chance the Fed would move in Septem-ber and a 77% chance of a December move.

Atlanta Fed President Dennis Lockhart, a centrist who has become less resolute about a September rate hike as markets have tum-bled, told Bloomberg TV that it was reasona-ble to see the odds of a move next month as roughly even.

One idea appearing to gain ground on Friday hinged on the Fed raising rates once or twice and then holding o� until in� ation started to rise to its 2% target. A strong dollar and lower oil prices CLc1 LCOc1 have kept a lid on prices despite an unemployment rate

that is close to normal at 5.3%.Bullard told Reuters the Fed could hike

rates once then “hang out” at that level if in-� ation remains too low.

Cleveland Fed President Loretta Mester, another so-called hawk who, like Bullard, sometimes runs against the grain at the cen-tral bank, said the economy still could handle a modest rate hike, though she did not com-mit to backing a move next month.

“I want to take the time I have between now and the September meeting to evaluate all the economic information that’s come in, including recent volatility in markets and the reasons behind that,” she was quoted as say-ing by the Wall Street Journal.

The Fed decision has drawn unusually intense interest from both foreign central bankers, who will have to respond, and from Americans on both the right and left.

The conservative American Principles Pro-ject held speeches at a nearby hotel urging a prompt rate hike. Meanwhile, a � oor below the main Federal Reserve conference space, the Center for Popular Democracy hosted work-ers and economists calling on the Fed to keep rates low to get more Americans back to work.

The Fed needs to re-think “full employ-ment in a way that recognizes the high job-lessness of black and Latino communities,” Sarita Turner of PolicyLink told about 60 advocates, noting that US joblessness among blacks is twice that of whites. l

Federal Reserve Vice Chairman Stanley Fischer speaks during a televised interview REUTERS

China crisis covers tracks of Japann Reuters, Singapore

As China’s stock markets have lurched wildly, seeding dramatic falls across the world, some have drawn parallels with the global � nancial crisis of 2008 or the Asian version a decade earlier. They are weak comparisons.

The abrupt end of Japan’s boom in the 1990s, complete with stock crash and prop-erty bust, o� ers the most striking similarities, and the most valuable lessons.

China’s stocks ran up gains of 150% in about a year before the mid-June crash, su-percharged by margin lending and ignoring the drumbeat of disappointing economic data.

That makes for facile comparisons with 2008, the most recent example of a cred-it-fuelled bubble.

But there was no trigger like US authori-ties’ shock decision to let Lehman Brothers, at the heart of the global banking system, col-lapse in 2008.

“If you look at the extremes in the equity market they are almost comparable with the Lehman days. In those days we had a trigger, a real event, something clearly de� ned,” said Christian Lenk, rate strategist at DZ Bank in Frankfurt, on Tuesday.

“What we saw yesterday was ongoing fears about China ... but there was no trigger, so we see a bit of normalisation today.”

And it was no surprise that China’s stock bull run, like its property bubble a year earli-er, came to an end, Japanese Finance Minister Taro Aso said this week.

The anatomy of the Asian � nancial crisis was also quite di� erent, as hot money deserted a region with high foreign debt and trade de� cits and currencies they couldn’t support.

“There are few similarities to the Asian cri-sis in 1997 and 1998, which was driven more by large de� cits in trade accounts,” said John Vail, chief global strategist at Nikko Asset Management in New York.

“What we’re seeing now is more of a rap-id change in sentiment around the world,” he said.

The comparisons between China now and Japan in the 1990s, however, are striking.

Like Japan then, China was trying to cool frothy property and equity markets.

Both economies were powered by massive investment, huge trade surpluses and over-valued currencies and were liberalising their � nancial sectors. China’s share of the global economy now is roughly the same as Japan’s was in 1990, about 12% . l

China premier insists economy ‘within appropriate range’n AFP, Beijing

Chinese Premier Li Keqiang has issued assurances over his country’s economy after global markets were roiled by concerns over its slowing growth, state media reported on Saturday.

Top global markets ended the week Friday largely recovered from China-induced panic selling, but market watchers remain worried

the turmoil in the world’s number two econo-my will drag down global growth.

However, a report by the o� cial news agency Xinhua quoted Li as saying “the Chi-nese economy is operating within an appro-priate range and China continues to lead the world in terms of growth”.

He added that “in the context of com-plex and changing situations abroad and deep-rooted problems at home, we pressed

ahead with progress while ensuring stability with sustained e� orts for structural reforms and targeted macro-regulation measures”.

“These included, among others, cuts in the required reserve ratio, interest rates, taxes and fees and measures aimed at stabilizing the market, which are already pay-ing o� .”

Li made the comments on Friday when he chaired a special meeting of the State Council

to discuss developments in the global eco-nomic and � nancial � eld and their implica-tions for China.

Li conceded that “now that the traditional drivers for growth are not as strong, it is im-portant to come up with new measures to bol-ster reform and opening up. It is necessary to provide more public goods and services, and encourage mass entrepreneurship and inno-vation to boost the growth momentum”. l

BUSINESS18DT

MONDAY, AUGUST 31, 2015

SECTORAL TURNOVER SUMMARY

Sector DSE CSE TotalMillion Taka % change Million Taka % change Million Taka % change

Bank 236.28 6.74 12.91 5.59 249.18 6.67NBFI 80.24 2.29 4.33 1.87 84.57 2.26Investment 64.15 1.83 2.69 1.17 66.85 1.79Engineering 537.53 15.34 35.73 15.48 573.27 15.35Food & Allied 184.24 5.26 6.55 2.84 190.79 5.11Fuel & Power 792.16 22.61 45.60 19.75 837.76 22.43Jute 7.66 0.22 0.00 7.66 0.21Textile 334.32 9.54 20.43 8.85 354.76 9.50Pharma & Chemical 590.74 16.86 31.31 13.56 622.05 16.66Paper & Packaging 14.88 0.42 1.40 0.61 16.28 0.44Service 74.44 2.12 3.49 1.51 77.92 2.09Leather 81.32 2.32 5.27 2.28 86.59 2.32Ceramic 40.24 1.15 1.35 0.59 41.59 1.11Cement 88.13 2.52 14.55 6.30 102.68 2.75Information Technology 31.61 0.90 4.55 1.97 36.16 0.97General Insurance 12.49 0.36 0.26 0.11 12.75 0.34Life Insurance 28.00 0.80 1.58 0.69 29.58 0.79Telecom 65.82 1.88 8.61 3.73 74.43 1.99Travel & Leisure 49.80 1.42 9.43 4.09 59.23 1.59Miscellaneous 189.38 5.41 20.80 9.01 210.18 5.63Debenture 0.10 0.00 0.01 0.00 0.11 0.00

Prepared exclusively for Dhaka Tribune by Business Information Automation Service Line (BIASL), on the basis of information collected from daily stock quotations and audited reports of the listed companies. High level of caution has been taken to collect and present the above information and data. The publisher will not take any responsibility if any body uses this information and data for his/her investment decision. For any query please email to biasl@bol-online.com or call 01552153562 or go to www.biasl.net

News, analysis and recent disclosuresGPHISPAT: The Board of Directors has recommended 17% cash dividend for the year ended on April 30, 2015. Date of AGM: 08.11.2015, Time: 11:00 AM, Ven-ue will be noti� ed later. Record date: 20.09.2015. The Company has also reported EPS of Tk. 2.34, NAV per share of Tk. 16.40 and NOCFPS of Tk. 4.67 for the year ended on April 30, 2015.SAIHAMCOT: The Board of Directors has recommended 5% cash dividend and 10% stock dividend for the year ended on April 30, 2015. Date of AGM: 28.10.2015, Time: 11:30 AM, Venue: Mill Premises, Noyapara, Saiham Nagar, Madhabpur, Hab-igonj. Record date: 17.09.2015. The Company has also reported EPS of Tk. 1.40, NAV per share of Tk. 24.91 and NOCFPS of Tk. 2.95 for the year ended on April 30, 2015 as against Tk. 1.48, Tk. 24.46 and Tk. 8.93 respectively for the year ended on April 30, 2014.SINOBANGLA: (Q3 Un-au-dited): EPS was Tk. 0.63 for May-July, 2015 as against Tk. 0.39 for May-July, 2014; EPS was Tk. 0.94 for Nov 14-July 15 as against Tk. 0.91 for Nov 13-July 14. NOCFPS was Tk. 10.30 for Nov 14-July 15 as against Tk. 6.91 for Nov13-July 14. NAV per share was Tk. 24.11 as of July 31, 2015 and Tk. 24.34 as of October 31, 2014.AGRANINS: Alpha Credit Rating Limited (AlphaRating) has rated the Company as “A+” in the long term and “AR-2” in the short term along with a stable outlook based on audited � nancial state-ments of the Company up to

December 31, 2014, half yearly unaudited management report of June 30, 2015 and relevant qualitative information up to August 29, 2015.DBH: The Company has informed that it has complet-ed the process for signing of purchasing a � oor space measuring 3,000 sft. at Sanmar Avenue Tower, 1850/3319, CDA Avenue, East Nasirabad, Chittagong at a total cost of Tk. 4,74,00,000.00 with a car parking (excluding registration expenses).Dividend/AGMAPEXFOODS: 20% cash, AGM: 30.09.2015, Record date: 13.09.2015. APEXTANRY: 45% cash, AGM: 04.10.2015, Record date: 09.09.2015. GRAMEENS2: 10% cash 15% Unit Dividend, Record date: 07.09.2015. GRAMEEN1: 82% Unit Divi-dend, Record date: 07.09.15.GREENDELMF: 4.50% Cash Dividend. Record date: 06.09.2015. ABB1STMF: 15% Unit Dividend. Record date: 07.09.2015. EBLNRBMF: 6% Unit Dividend. Record date: 07.09.2015. PHPMF1: 7.50% Unit Dividend Record date: 07.09.2015. POPULAR1MF: 12% Unit Divi-dend. Record date: 07.09.2015.FBFIF: 9% Unit dividend. Record date: 03.09.2015. TRUSTB1MF: 8% Unit dividend. Record date: 03.09.2015. EBL1STMF: 7% Unit Dividend Record date: 03.09.2015. EXIM1STMF: 8% Unit Dividend. Record date: 03.09.2015.

CSE GAINER

Company Closing (% Change)

Aver-age (%

Change)

Closin-gAvg. Closing DHIGH DLOW Turnover

in MillionLatest

EPSLatest

PE

2nd ICB M F -A 25.65 25.87 289.50 289.00 290.00 289.00 0.029 55.89 5.2Sinobangla Indu.-A 9.65 8.53 24.67 25.00 25.00 22.40 4.110 0.62 39.8Janata Insur -A 8.70 6.09 12.20 12.50 12.60 12.10 0.025 0.84 14.5Apex SpinningA 8.60 8.53 85.85 85.90 86.00 82.90 0.180 2.52 34.1AIBL 1st Is. M. F.-A 8.51 7.66 5.06 5.10 5.10 4.90 0.412 4.76 1.1Miracle Industries -B 8.18 7.41 17.10 17.20 17.30 16.50 0.718 0.36 47.5ISN Ltd. -Z 7.92 7.92 10.90 10.90 10.90 10.90 0.005 -0.20 -veStandard Ceramic -A 7.66 7.97 52.00 52.00 53.00 50.00 0.272 0.49 106.1Kay & Que (BD) -Z 6.57 12.31 14.60 14.60 14.60 14.60 0.000 -0.24 -veNational Tea -A 4.74 4.63 650.00 650.00 650.00 650.00 0.033 -25.06 -ve

DSE GAINER

Company Closing (% Change)

Aver-age (%

Change)

Closin-gAvg. Closing DHIGH DLOW Turnover

in MillionLatest

EPSLatest

PE

Sinobangla Indu.-A 9.69 6.68 24.27 24.90 24.90 22.90 38.289 0.62 39.1Meghna Con. Milk -B 9.52 12.47 9.20 9.20 9.20 9.10 3.185 -4.49 -veAIBL 1st Is. M. F.-A 8.51 5.14 4.91 5.10 5.10 4.70 6.976 4.76 1.0Kay & Que (BD) -Z 7.08 6.38 12.00 12.10 12.40 11.90 0.030 -0.24 -veZeal Bangla Sugar -Z 6.58 5.95 8.01 8.10 8.30 7.30 0.110 -45.17 -veShampur Sugar -Z 5.88 6.07 7.16 7.20 7.40 7.00 0.068 -69.41 -veMiracle Industries -B 5.52 4.93 17.03 17.20 17.40 16.40 16.038 0.36 47.3Legacy Footwear -A 4.29 4.94 29.12 29.20 29.90 28.20 32.515 0.20 145.6Bangladesh Welding -B 4.15 4.08 22.72 22.60 23.60 22.00 26.318 -0.80 -veNational Tea -A 4.10 4.08 650.52 652.00 652.00 623.00 0.376 -25.06 -ve

CSE LOSER

Company Closing (% Change)

Aver-age (%

Change)

Closin-gAvg. Closing DHIGH DLOW Turnover

in MillionLatest

EPSLatest

PE

Apex Foods -A -7.65 -6.50 164.11 160.50 170.50 157.00 1.451 12.60 13.0City G Insu.-A -5.93 -5.71 12.72 12.70 12.80 12.70 0.026 1.98 6.4Fareast Islami Life -A -5.07 -4.21 64.21 63.60 64.50 63.50 0.059 4.60 14.0IBBLMPB-A -5.00 -5.02 959.00 959.00 959.00 959.00 0.010 0.00 -R. N. Spinning-Z -4.18 -2.77 23.16 22.90 24.00 22.80 2.346 0.48 48.3Bengal Windsor-A -3.90 -2.31 74.77 74.00 75.40 73.80 0.319 3.35 22.3Hakkani P& Paper -B -3.83 -1.38 46.52 45.20 47.70 45.00 1.169 0.29 160.4BD Building Systems -A -3.78 -2.36 49.29 48.30 51.00 48.20 4.811 2.72 18.1Kohinoor Chem -A -3.61 -3.61 400.00 400.00 400.00 400.00 0.008 8.25 48.5Imam Button -Z -3.51 -2.57 10.98 11.00 11.00 10.90 0.038 -1.21 -ve

DSE LOSER

Company Closing (% Change)

Aver-age (%

Change)

Closin-gAvg. Closing DHIGH DLOW Turnover

in MillionLatest

EPSLatest

PE

Apex Foods -A -7.40 -7.23 163.55 160.10 175.00 157.00 59.092 12.60 13.0Reliance Insur -A -6.19 -5.50 47.06 47.00 47.30 46.70 0.120 5.12 9.2Monno Sta� lers -A -5.81 -5.84 272.40 270.80 275.50 268.00 0.076 0.70 389.1Northern Jute -Z -4.92 -6.94 300.85 297.30 315.10 295.00 3.158 1.75 171.9Modern Dyeing -Z -4.72 -5.31 93.45 92.80 98.40 92.00 0.274 0.76 123.0R. N. Spinning-Z -4.64 -4.04 22.81 22.60 23.80 22.40 23.504 0.48 47.5BD Building Systems -A -3.98 -2.66 49.00 48.20 50.80 48.00 64.706 2.72 18.0BD. Autocars -Z -3.94 -1.49 34.96 34.10 35.60 33.00 0.870 0.19 184.0Berger Paints-A -3.82 -3.86 2018.02 2018.50 2040.00 2002.00 0.448 69.64 29.0Standard Ceramic -A -3.75 3.86 51.15 48.70 53.00 48.10 9.263 0.49 104.4

DSE key features August 30, 2015Turnover (Million Taka)

3,503.52

Turnover (Volume)

85,726,052

Number of Contract

91,139

Traded Issues 316

Issue Gain (Avg. Price Basis)

122

Issue Loss (Avg. Price Basis)

183

Unchanged Issue (Avg. Price Basis)

11

Market Capital Equity (Billion. Tk.)

2,695.49

Market Capital Equity (Billion US$)

32.67

CSE key features August 30, 2015Turnover (Million Taka)

230.86

Turnover (Volume)

6,352,153

Number of Contract

11,098

Traded Issues 238

Issue Gain (Avg. Price Basis)

76

Issue Loss (Avg. Price Basis)

149

Unchanged Issue (Avg. Price Basis)

13

Market Capital Equity (Billion. Tk.)

2,596.38

Market Capital Equity (Billion US$)

31.47

BUSINESS 19D

TMONDAY, AUGUST 31, 2015

Hike in gas, power tari� s weigh on stocks n Tribune Report

Stocks fell yesterday, dragged down by manufacturing � rms amid fears that raising tari� s in power and gas might cut back their earnings due to higher production costs.

The market opened high-er but sell-o� accelerated as days passed and volume of trade declined sharply, as investors were cautious over the latest development.

The Dhaka Stock Ex-change benchmark index, DSEX, was down over 21 points or 0.5% to 4,790, hit-ting two weeks low.

The Shariah index, DSES, inched nearly 5 points or 0.5% down to 1,181. The blue chip comprising index DS30 set-tled at 1,835, shedding over 5 points or 0.3%. The Chit-tagong Stock Exchange Se-lective Category Index CSCX dropped 38 points to 8,932.

“Benchmark index cracked again below the 4,800 level amid growing concerns over the hike in gas and electricity cost in retail level,” said Lanka Bangla Securities.

All the major manufac-turing companies got the hit owing to possible impact of higher burden on the indus-

trial segment of the econo-my due to hike in gas tari� and electricity price, it said.

Companies having captive power those turn gas into electricity through generators for their own purpose will see rise in gas tari� – Tk8.36 from Tk4.18 per cubic meter, while other companies would pay 3.4% to 5.6% more on elec-tricity bill from September 1.

On the contrary, power and gas stocks ended with moderate gains, it said, adding that investors were also trading cautious amid mixed economic data.

Non-banking � nancial institutions, cement, banks, telecommunications and textile stocks closed low-er while food and allied, pharmaceuticals and power stocks rose slightly.

The volume of trade on DSE in terms of value stood at Tk350 crore, which was almost 17% lower than the previous session’s value and lowest since June 28 last.

State-owned natural gas distribution company, Titas Gas, gained 1.6%, spurred by the news of raising gas price, making most traded stocks. Its shares worth Tk19.8 crore were changed hands. l

Benchmark index cracked again below the 4,800 level amid growing concerns over the hike in gas and electricity cost in retail level

ANALYST

Daily capital market highlightsDSE Broad Index : 12463.14220 (-) 0.45% ▼

DSE - 30 Index : 1835.40401 (-) 0.30% ▼

CSE All Share Index: 14669.30540 (-) 0.43% ▼

CSE - 30 Index : 12463.14220 (-) 0.32% ▼

CSE Selected Index : 8932.32280 (-) 0.43% ▼

CSE TURNOVER LEADERS

Company Volume-Shares

Value in Million

% of Total-Turnover ClosingP Change % ClosingY DHIGH DLOW AvgPrice

LafargeS Cement-A 113,087 12.85 5.57 113.30 -0.87 114.30 114.40 112.50 113.62United Power-N 78,787 12.18 5.28 153.90 1.05 152.30 156.40 152.20 154.59Square Pharma -A 34,437 8.54 3.70 248.30 0.32 247.50 248.90 246.00 247.99Olympic Accessories -N 131,636 7.45 3.23 56.20 -2.77 57.80 58.00 55.90 56.58BSRM Ltd. -A 64,800 7.23 3.13 110.30 -2.39 113.00 113.30 110.10 111.54CVO PetroChem RL-A 16,742 7.13 3.09 422.90 2.03 414.50 431.00 410.50 425.87BD Submarine Cable-A 51,220 6.73 2.91 131.10 0.38 130.60 132.70 129.80 131.38Beximco Pharma -A 100,359 6.53 2.83 65.10 -1.36 66.00 66.00 65.00 65.08Titas Gas TDCLA 69,246 5.31 2.30 75.70 1.47 74.60 78.40 75.50 76.72Shahjibazar Power-N 27,068 5.27 2.28 192.50 -2.04 196.50 198.50 192.10 194.87BEXIMCO Ltd. -A 170,407 5.27 2.28 30.80 -0.96 31.10 31.30 30.70 30.91National Feed-A 192,656 5.00 2.17 25.90 -1.89 26.40 26.50 25.50 25.94UNITED AIR-A 489,216 4.93 2.14 10.10 0.00 10.10 10.20 10.00 10.08BD Building Systems -A 97,610 4.81 2.08 48.30 -3.78 50.20 51.00 48.20 49.29Sinobangla Indu.-A 166,558 4.11 1.78 25.00 9.65 22.80 25.00 22.40 24.67

DSE TURNOVER LEADERS

Company Volume-Shares

Value in Million

% of Total-Turnover ClosingP Change

% ClosingY DHIGH DLOW Avg-Price

Titas Gas TDCLA 2,588,001 197.56 5.64 76.00 1.60 74.80 77.20 75.70 76.34Square Pharma -A 732,450 181.77 5.19 248.60 0.32 247.80 249.50 247.00 248.16Shahjibazar Power-N 554,932 108.14 3.09 192.40 -2.29 196.90 199.50 192.00 194.87United Power-N 604,318 93.58 2.67 154.10 0.78 152.90 156.40 153.40 154.86Baraka Power-A 2,285,709 79.21 2.26 34.70 1.76 34.10 34.90 34.10 34.66CVO PetroChem RL-A 177,870 75.20 2.15 428.40 4.03 411.80 430.00 412.30 422.77LafargeS Cement-A 643,051 73.36 2.09 113.70 -1.30 115.20 115.90 113.50 114.08FAR Chemical-N 1,221,567 66.15 1.89 53.90 -2.88 55.50 56.00 53.60 54.15Al-Haj Textile -A 499,733 64.80 1.85 129.10 -2.86 132.90 134.70 125.00 129.67BD Building Systems -A 1,320,579 64.71 1.85 48.20 -3.98 50.20 50.80 48.00 49.00DESCO Ltd. -A 863,400 62.50 1.78 71.40 -1.38 72.40 74.00 71.10 72.39Ifad Autos -N 591,251 60.88 1.74 102.80 -1.44 104.30 104.90 102.40 102.97Apex Foods -A 361,300 59.09 1.69 160.10 -7.40 172.90 175.00 157.00 163.55National Feed-A 2,064,187 53.60 1.53 26.00 -1.52 26.40 26.90 25.40 25.96JMI Syringes MDL-A 298,978 53.58 1.53 177.00 2.02 173.50 182.50 174.00 179.22

BUSINESS20DT

MONDAY, AUGUST 31, 2015

TCB likely to sell subsidised onion in 2nd week of September n Tribune Report

Trading Corporation of Bangladesh (TCB), a wing of the Commerce Ministry to deal with di� erent trades and businesses, is likely to start selling the subsidised onion in the sec-ond week of September to ease the price of the key-cooking ingredient.

Meanwhile, the soaring onion price came down to Tk70 per kg yesterday in the capital’s kitchen market from Tk90 two weeks ago.

“We will select two separate tenders on September 6 and 7 to import a total of 400 tonnes of Chinese onions within the second week of the next month while each of the bid-ders will be able to import 200 tonnes each,” TCB Spokesperson Md Humayun Kabir told the Dhaka Tribune yesterday

He also stated that the Ministry of Com-merce would � x the prices of onion after im-

porting from China and it would take six days to import onions from China.

Meanwhile, the Commerce Ministry will sit today with the essential monitoring commit-tee today to discuss about the price of the es-sential commodities-especially onion and dif-ferent types of species ahead of the upcoming Eid-ul-Azha. The meeting will also discuss about other alternative sources for importing onions and other essential products from the neighboring countries on urgent basis, ac-cording to a commerce ministry source.

A week ago, Indian authority had raised its minimum export price by US$275 a tonne to $700 each tonne to discourage exports and increase supply in its own domestic market to arrest the spiraling prices.

Bangladesh consumes nearly 21 lakh tonnes of onion a year, of which 5-8 lakh tonnes are imported, mainly from India. l

Bhutan keen to import electronic products from Walton n Tribune Report

Bhutan has shown keen interest to import electronic products including refrigerators, motorcycle, air conditioner and home appli-ances produced by Walton.

Bhutanese Ambassador to Dhaka, Pema Choden, visited the Walton Hi-Tech Indus-tries Limited in Gazipur on Saturday and ex-pressed her desire to expand bilateral trade relation between two countries, said a press release.

“I am very impressed by visiting the Wal-ton production unit. It was not established long ago, but has a great many products in the electronics market in Bangladesh and now been eying on export,” said the Bhutanese en-voy in her reaction.

“We want to import a large volume of Wal-ton products having a big demand in Bhu-tan,” said Yeshey Selden, managing director of State Trading Corporation of Bhutan Ltd (STCBL), a sole distributor of Walton products in Bhutan.

Currently, the trading corporation is im-porting LED (Light Emitting Diode) and colour line televisions from Walton.

The envoy invited Walton to come up with Foreign Direct Investment (FDI) in Bhutan as it o� ers low cost of electricity and special eco-nomic zones.

Yonten Gyamtsho, counsellor (Trade) of Bhutanese Embassy in Dhaka, Tashi Pemo, head of Business of STCBL, and Sangay, liai-son o� cer, were present during the visit.

Mobile operators concerned over draft tower sharing guideline n Ishtiaq Husain

All mobile operators have expressed concern over the introduction of new tower sharing guidelines that will take away their rights to build and maintain towers by themselves.

Association of Mobile Telecom Operators of Bangladesh (AMTOB), a national trade body representing all mobile telecom opera-tors in Bangladesh, jointly sent a letter to Post and Telecommunications Division.

“We are concerned about the proposed guideline that will bar the Mobile Network Operators (MNO) from building new towers by themselves,” reads the AMTOB letter.

TIM Nurul Kabir, secretary general of AM-TOB, recently addressed the letter to tele-communications Secretary Fairzur Rahman Chowdhury.

The guideline for Tower Sharing Licence, which has already been drafted by Bangla-desh Telecommunication Regulatory Com-mission (BTRC), awaits the consent from the Prime Minister’s O� ce (PMO).

The government is going to introduce the Tower Sharing Licence as part of its plan to carry out the maintenance of mobile phone base stations (BTS) through two separate

companies. Soon after approval of the draft, all mobile

operators will lose their rights to build towers across the country, according to the draft.

“In compliance with the existing mobile network operators licencing conditions, there should not be any restriction on whether op-erators can or cannot build any tower infra-structure. Business model and commercial terms should determine the feasibility of building own towers by the MNOs or share from the tower company,” said the letter.

The letter was also sent to Bangladesh Telecommunication Regulatory Commission (BTRC) expressing interest to hold talks with the telecommunications division secretary and the chairman of the regulatory body.

In the letter, AMTOB said the network quality in addition to coverage and future evolution is critical to the mobile operators’ business.

“We are worried that the proposed guide-line may have a negative impact on our ability to continue providing and enhancing services for the bene� t of our valued customers.”

Mobile operators have an intrinsic role to play in tower business as towers are key to delivery of mobile services.

It is imperative that MNOs have a right to build and operate their own tower infrastruc-tures based on commercial viability, if they so choose, said the letter.

The operators said the proposed guideline needs to be implemented in such a way as not to undermine the quality of the networks, fast-er network expansion capabilities and associ-ated services to protect the investments made by the phone companies that made signi� cant contributions to the national economy.

“We should encourage regulation that does not restrict competitions since no scare/limited resources like spectrum is involved. Competition would be good enough to ensure reasonable charges to operators, good quality of services, ample coverage and optimum in-vestments,” the letter adds.

AMTOB secretary general requested the ministry to have an all-inclusive consultation with the mobile operators in respect of the proposed guideline.

The letter also reads BTRC’s tower sharing guideline should be implemented addressing our concerns and ensuring that the guideline adheres to the best international practices of the tower and telecommunications indus-tries. l

US-based KPC keen to build int’l convention center n Asif Showkat Kallol

US-based KPC business group has expressed its willingness to invest in the construction of an international convention and an exhibition center under a township project at Keraniganj.

Bangladeshi-origin US businessman Dr Kali Pradip Chaudhuri, owner of the KPC Group, is scheduled to meet Finance Minister AMA Mu-hith on September 7 to submit his proposal, said a senior o� cial of the Finance Division.

According to the proposal, KPC group wants to build an international convention center, a � ve-star hotel and a private medical university at the proposed site.

Pradip Chaudhuri, who hailed from Syl-het, had expressed his keenness to invest in Bangladesh during a meeting with the � nance minister last year.

Meanwhile, the � nance minister on August 18 asked the Ministry of Home A� airs and the Ministry of Housing and Public Works to eval-uate prices of 95.5 acres of land at Sonakandi muaza under Keraniganj upazilla. In this re-gard, both the two ministries sent a letter to the Deputy Commissioner of Dhaka district for evaluating the prices of 95.5 acres of land.

Out of 95.5 acres of land, 94.83 would be “khash” land while rest of the land would be acquired from private owners.

KPC group of companies, which was founded in California in late 80’s by Dr Kali Pradip Chaudhuri, is engaged in numerous businesses around the world.

His group is working in diverse industries including healthcare services and facilities, pharmaceutical and biotechnology, educa-tion, real estate, infrastructure development, agriculture, architecture and engineering, al-ternative energy, waste management, travel services and information technology.

In 2010, Dr Chaudhuri and his group ac-quired a US$70m on four hospitals in Califor-nia including Western Medical Center in San-ta Ana, Western Medical Center in Anaheim, Chapman Medical Center and Coastal Com-munities Hospital in Orange County. In addi-tion, Dr Chaudhuri successfully acquired two hospitals: Hemet Valley Medical Center and Menifee Valley Medical Center for $172m. l

BB appoints senior economic advisorn Tribune Report

Faisal Ahmed has been appointed as Senior Economic Advisor to the Gov-ernor of Bangladesh Bank to support the � nancial sector de-velopment and re-form agenda of the central bank.

Earlier, he served as the IMF Resident

Representative in Cambodia during 2011 - 2015 and worked in the Monetary and Capi-tal Markets Department at the IMF.

He was a core member of the IMF’s emerg-ing market surveillance team and led Techni-cal Assistance missions on reserve and debt management. l

Onion traders sit idle at a Karwan Bazar shop in the capital DHAKA TRIBUNE

Faisal Ahmed

21D

TMONDAY, AUGUST 31, 2015T

-JUN

CT

ION

INSIDE

SWAG

22school survivalP� t-ing math

23beautyLA Girl HD pro concealer review

24health8 ways to relieve pre-wedding stress

Photo: Mahmud Hossain Opu

news

MONDAY, AUGUST 31, 2015T-JUNCTION Schoologistics22D

T

school survival

A guide to help you ace that dreaded math exam

n Rad Sharar Bin Kamal

Read No point aiming if you’ve never seen the target, right? That’s the � rst step, reading the question or problem fully and understanding it. A lot of people simply glance at the question and assume the rest, relating it to be similar to the problems they’ve solved before, and that’s how most “easy” sums are gotten wrong.

Picture There’s an “if” here, but if possible, try to visualise the sum in your head or draw it out. What this does is give you the opportunity to understand a problem from multiple perspectives and make it easier for you to solve it.

Know The calculator is your comrade in times of dire need, and one should never forget to leave it behind. But even if you do � nd a replacement calculator before the exam, be wary, for most of us are used to a speci� c type of calculator. When other models are placed in our hands, we tend to zone out and � ddle with it which wastes precious time. Hence, stick to the one you know.

Restart When you start thinking “this isn’t right!” in the middle of a problem-solving, or know you are headed in the wrong direction, start from scratch on a fresh page. It often happens that we overlook the same mistake over and over again while looking for the error, and eventually forget what the question even asked for.

Skip When practicing at home, there is no need

to solve every sum in the chapter. Unless you’re a bored brainiac trying to prove your book wrong, skip the “additional” problems unless speci� ed by your teacher. This is because those problems, most of the time, require extra information to solve them which you may not need or haven’t been taught at all.

Procrastinate In the exam, tackle a few easy problems � rst. This will raise your con� dence and make you think clearer. Leave the hardest problems, ones which are being a nuisance, for the end. You can take a relieving breath after � nishing it all, and concentrate on the � nal problem.

Explain Memorising how to solve a math is the same as swallowing a scrumptious cheesecake without biting it at all. If you don’t understand how you did it, neither will your teacher and know you winged it. Hence, it is very important that you know what’s what and act accordingly. Make sure your work-out shows logic and make sense to you, instead of just making sure it looks right.

Show-o� Some problems ask for a step-by-step elaboration of the work-out, and that is your spotlight to show o� . Show every level you went through to come up with the � nal answer, and make sure it’s clean and explained where necessary. Impressions matter more in this subject than any other, and a well organised copy will make your teacher be more lenient towards grading you.

Guess Okay, you have no idea what the answer

is. It’s okay, for it happens to everybody, and what you do in these situations is improvise. Think about the problem, ponder on the information provided and make an educated guess on how to solve it. In certain problems, you can guess the approximate answer even if you don’t know how to solve for it. Yet, it is advised that you try, and after you perform your calculations, see if your final answer is close to your guess.

RelaxLast but not least, your nerves need to be in check as well. Remember how a few always remain calm and con� dent in the exam? Well, they only are because either they are well prepared, or don’t know anything at all and trying to act cool. Ignoring the unfortunate latter, you must remain con� dent in your abilities before and during the exam, and that is only achieved if you practise your Einstein out! l

The 7th Extraordinary General Meeting (EGM) of the shareholders of BSRM Steels Limited concluded at Shoronika Community Centre, Chittagong on August 25. A special resolution was passed in the meeting to raise funds by issuing a Zero Coupon Bond (ZCB) worth Tk2,000 million, which is subject to the approval from the Bangladesh Securities and Exchange Commission (BSEC). The

funds would be used for capital expenditure, re� nance of loans and equity investments in the Chittagong Power Company Limited. Alihussain Akberali FCA, chairman, Aameir Alihussain Akberali, managing director, Mono Ranjan Dey FCA, independent director, Shekhar Ranjan Kar FCA, company secretary along with other shareholders were present in the meeting. l

Phot

o: B

igst

ock

P� t-ing math

BSRM EGM concludes

Tempt T-JUNCTION 23D

T

MONDAY, AUGUST 31, 2015

LA Girl HD pro concealer reviewn N Anita Amreen

Currently considered a staple for every woman’s highlight and contouring routine, the LA Girl HD pro concealer has beauty geeks raving and rushing to stores to get their hit. Often compared to Mac’s prolong wear concealer, the LA girl’s version is a drugstore favourite and with good reason too. Available in a thin, compact tube, it has a brush tip dispenser that easily allows you to make all your contour and highlight lines. Priced at Tk400 and available in 18 shades, we can see why we’d be more inclined to pick one of these rather than Mac’s Tk3,000 concealer. With that being said, the question is, is it truly a dupe for Mac?

Truth be told, it is not. While it does provide normal to medium coverage and manages to conceal some trouble spots, its lacking lies in its texture and blendability (or lack thereof). If you’ve just applied it and let it sit for 30 seconds or so, it gets slightly di� cult to blend out the lines and get an even smooth � nish. Sometimes you may have to struggle to blend and bu� , using a combination of di� erent brushes and blending sprays to ease your struggle. Moreover, the brush tip can make the application streaky if not blended instantly. On the good side, what the concealer does is that it makes your highlight and contour

routine much, much easier since you have a whole range of colours to choose from. Their range covers the entire spectrum of skin colours from light to dark and comes in yellow and pink undertones, making it easy to go about your sculpting routine. The texture itself maybe slightly dry and thick, but if applied in very small doses and blended instantly, it can go a long way. Overall, for Tk400, an excellent product to up your contour game, but de� nitely not a go-to product if you’re looking to hide dark circles or conceal trouble spots. l

beauty

The ultimate budget sculpting concealer

T-JUNCTION Take Care24DT

MONDAY, AUGUST 31, 2015

health

n Khan N Moushumi

There you are, running a thousand errands with your big day only a few days away. There’s so much to be taken care of. Those last minute chores may seem overwhelming and trust me, they can be if not dispersed properly.

What is stress?Now let’s get one thing straight. Short-term stress, in small doses, can be bene� cial. It can help you stay alarmed and prepare you for dealing with crisis situations. But long-term stress can wear you out. It increases your heart rate, tightens your muscles and raises your blood pressure.

What can stress do to you?A very common phenomenon that most brides/grooms experience at this stage of their life, stress can be life-threatening. It can raise your blood pressure, impair your immune system, make you more susceptible to heart attack and stroke. In addition, it will accelerate your ageing process, with a high possibility of leaving you more vulnerable mentally and emotionally. You may also experience anxiety, eating disorders, mood swings, headaches, catch colds, get easily overworked and outburst (don’t mind others calling you a Bridezilla at this point, they don’t know what you’re dealing with), have a mental breakdown and whatnot.

How do you deal with it?Dispersion of tasks is key here. Divide the errands among your friends and fam. If you decide to hire a wedding planner, that’s even better. And there are some really good wedding planners out there right now. Make a checklist of what needs to be done and divide them among those you can rely on.

Phase 1:When you’re making a checklist and delegating tasks keep the following in mind:• Venue selection• Running back and forth between the

venues of your holud/wedding/reception to decide the stage and interior decor, choose cutlery for the guests, select menu, etc.

• Finalising your guest list.• Choosing your invitation card and placing

an order for them.• Making a shopping list for the wedding.• Last minute wedding shopping.• Sending out last minute invitations.• Booking and con� rming your make-up

artist, photographer, videographer, etc.• Making dalas and decorating them.Pro tip: After they’re all delegated, � nd someone dependable to keep track of their progress.

Phase 2:A few tips to take into account as your big day nears:1. Don’t forget to eat: A well balanced

There’s only so much one can take

8 ways to relieve pre-wedding stress

Phot

o: B

igst

ock

diet with a lot of vegetables, fruits and proteins will do wonders.

2. Don’t forget to drink: Keep one large bottle of water and another � lled with green tea handy and sip from them every half an hour or so.

3. Don’t forget to vent: Be it to your � ance, a close friend or a family member, don’t hesitate to let it out. Bottling things up will only frustrate you further.

4. Set a pre-wedding workout routine: A walk or a run is perfect to make your body produce those mood-uplifting endorphins.

5. Meditate before sleeping: Turn on some

mellow tunes to soothe your senses. Some people like to sleep with the TV on because the light and sound drain out unwanted thoughts. Try it, it may work for you.

6. Sleep: And do it with your cellphone’s ringer turned o� .

7. Unwind: Another way to release endorphins, tune into into favourite comedy show or a rom-com for a good laugh.

8. Let it be: Don’t sweat it if anything goes wrong. Everything doesn’t have to be perfect and there’s a certain kind of beauty in imperfection. l

news

Pioneer Insurance Company Limited and Alpha Credit Rating Limited signed an agreement on August 26 for the credit rating of Pioneer Insurance.

Chairman of Alpha, ASA Muiz (Shujan) and managing director of Pioneer, Q A F M Serajul

Islam signed an agreement on behalf of their respective organisations in a ceremony held at the head o� ce of Pioneer Insurance in Gulshan for doing the company ratings. Senior o� cials of both the organisations were present on the occasion. l

The Half Yearly Managers’ Conference 2015 for National Bank Limited (NBL), Khulna region, was recently held at CSS Ava centre in Khulna. Md Badiul Alam, managing director of NBL inaugurated the conference as chief guest. Abdul Hamid Mia, additional managing director of the bank was present in the conference as a special guest. Md Meshkat-ul-Anwer Khan, SVP and regional head of Khulna, presided over the meeting.

Forhad Ahmed Chowdhury, SEVP and head of law and recovery division, 24

branch managers in the Khulna region and executives of the bank were also present in the conference.

Md Badiul Alam expressed his gratitude to the board of directors and called for achieving even more success in 2015 through hard work and professional excellence. He also urged upon the managers and executives for their e� orts in the improvement of credit risk and credit management for the enhancement of pro� tability of NBL. l

Pioneer Insurance signs credit rating agreement

NBL held Half Yearly Managers’ Conference 2015

25D

T

Bangladesh ODI and Twenty20 captain Mashrafe bin Mortaza is a keen listener as national discard Abdur Razzak makes a point at Mirpur’s Sher-e-Bangla National Stadium yesterday

DHAKA TRIBUNE

MONDAY, AUGUST 31, 2015

DJOKER CONFIDENT DESPITE RUN-UP LOSSES TO RIVALS

CLEMON INDOOR UNI CRICKET STARTS TOMORROW

26 2927

Aston Villa manager Tim Sherwood snapped his hamstring during his side’s 2-2 draw with Sunderland

after kicking out at a water bottle. “I never did it as a player, I have now

done it as a manager,” he told

HAMSTRUNG

SportUS FINISHES BEHIND KENYA, JAMAICA

5 companies meet BCB guidelinesn Minhaz Uddin Khan

A total of � ve companies met the deadline and completed the demands put forward by the Bangladesh Cricket Board in order to be one of the franchises of the upcoming third edition of the Bangladesh Premier League Twenty20, scheduled to begin on November 25 this year.

The companies – DBL Group, Beximco Pharmaceuticals, Axiom Technologies, I Sports Ltd and Royal Sporting Ltd - had ear-lier submitted the Expression of Interest for a BPL side. Later, the quintet all presented the bank guarantee, worth Tk 45m, and pay-or-der, amounting Tk 10m, within the deadline set by the BCB.

BCB CEO Nizamuddin Chowdhury in-formed the media yesterday that � ve or-ganisations were successful in meeting the deadline and have provided the necessary documents.

However, a few eyebrows were raised when the BCB high-up declared that Beximco would take control of the Dhaka franchise. In accordance with the process, the allotment of franchises to the eligible companies is the last step of the procedure.

“DBL Group, Dhaka Dynamites (Beximco), Axiom Technologies, I Sports Ltd and Royal Sporting Ltd are the � ve companies that have given guarantees,” said Nizamuddin at Mir-pur’s Sher-e-Bangla National Stadium.

In spite of the expiration of the deadline yesterday, Nizamuddin stated that the board is still in talks with a few interested compa-nies. He explained that the discussions are centring around as to how the companies, that have failed to meet the deadline, can still be in the running for buying a franchise.

“I think the companies are still trying to understand the � nancial module and the tournament itself. That might be the reason why they are being late with their o� ers,” said Nizamuddin.

When queried if the talks will have a given timeline, Nizamuddin said discussions might continue till the upcoming board meeting, scheduled for the � rst week of next month.

The BCB has apparently targeted a sev-en-team BPL 3. With � ve companies already submitting the necessary documents, Nizam-uddin said they are still on the lookout for more capable organisations.l

Sport26DT

MONDAY, AUGUST 31, 2015

MEDAL TALLYPOS COUNTRY TOTAL

1 Kenya 7 6 3 162 Jamaica 7 2 3 123 USA 6 6 6 184 Great Britain 4 1 2 75 Ethiopia 3 3 2 86 Poland 3 1 4 87 Canada 2 3 3 87 Germany 2 3 3 89 Russia 2 1 1 410 Cuba 2 1 0 3

WORLD ATHLETICS CHAMPIONSHIPS

US � nishes behind Kenya, Jamaica n AP, Beijing

Even with its sixth straight title in the men’s 4x400-meter relay, the United States still � nished behind Jamaica and Kenya with only six gold medals at this year’s world championships.

4x100m Relay (Women)Jamaica again proved it is much more than just Usain Bolt when the country’s women’s team defeated the Americans on Sunday in the 4x400 relay and denied Allyson Felix a 10th world title.

“Every year they make the U.S. relay team a favorite. But now we have the A-plus game,” said Shericka Jackson, who added gold to an individ-ual bronze in the 400. Like the botched hando� in the men’s 4x100 relay on Saturday, the Amer-ican women also lost valuable time with a hesi-tant handover in their duel with Jamaica.

4x100m Relay (Men)In the men’s relay, Jamaica led coming into the � nishing straight but LaShawn Merritt timed his lap to perfection to earn gold while Jamaica slipped out of the medals. It was the only relay victory for the U.S. team, with the other three going to the Jamaicans.

Both Kenya and Jamaica won seven gold medals during the nine-day competition, one more than the Americans. Overall, however, the United States � nished with 18 medals, the most of the championships. Kenya had 16 and Jamaica had 12.

1,500m (Men)Kenya got its last gold from Asbel Kiprop, who won his third 1,500 in a row. The Ken-yan took the lead halfway through the � nish-ing straight and the rest of the pack sprinted for silver. Another Kenyan, Eliah Manangoi, came in second and Abdalaati Iguider of Mo-rocco got bronze.

5,000m (Women)On a big day for Ethiopia, Almaz Ayana stunned Genzebe Dibaba to win the 5,000 meters and deny her teammate a second

gold medal at this year’s worlds. Ayana went fast through the middle of the race in an e� ort to dull Dibaba’s � nishing kick. She was so fast, though, she threw o� the favorite well before the � nal lap and won by about 100 meters.

At the line, a disappointed Dibaba could not even hold o� Senbere Teferi, another teammate. Ayana won in a championship record of 14 minutes, 26.83 seconds for a massive victory of 17.24 seconds over Teferi. Dibaba was right behind in third to complete the Ethiopian sweep.

Dibaba, already the 1,500 world champion, was seeking to win a second gold, much like her big sister Tirunesh did at the 2008 Olym-pics at the Bird’s Nest.

Ethiopia’s great day started early, with an-other Dibaba excelling.

Mare Dibaba, no relation to Genzebe and Tirunesh, captured the � rst women’s mara-thon gold for Ethiopia at the world champi-onships, holding o� Helah Kiprop of Kenya in a race that was settled by a 100-meter sprint.

Marathon (Women)The 25-year-old Mare Dibaba patiently wait-ed for the right time to make her move, con-stantly checking her watch before breaking away in the shadow of the stadium. Dibaba � nished in 2:27:35, edging Kiprop by one sec-ond in the closest women’s marathon � nish ever at the worlds.

Javelin Throw (Women)With the last throw of the competition, Kath-rina Molitor of Germany won the javelin com-petition, sweeping past home favorite Lyu Huihui with a throw of 67.69 meters.

High Jump (Men)Derek Drouin of Canada won the men’s high jump title in a jump-o� , clearing 2.34 me-ters after the last three competitors fouled out at 2.36 without missing at any previous heights. Bohdan Bondarenko of Ukraine, the 2013 champion, and Zhang Guowei of China shared silver. l

Kenya’s Asbel Kiprop (C) celebrates winning the men’s 1500m � nal in the World Athletics Championships at the Bird’s Nest stadium in Beijing yesterday AP

(L-R) The teams of the United States, Jamaica and Great Britain pose on the podium during the ceremony for the women’s 4x400m relay in the World Athletics Championships yesterday AP

Men’s discus gold medalist Poland’s Piotr Malachowski celebrates on the podium yesterday

Sport 27D

T

MONDAY, AUGUST 31, 2015

Narayanganj into Sailor Under-15 � nalNarayanganj district cruised into the � nal of the Sailor Under-15 Football Championship after edging Sylhet district 5-4 in the tie-breaker in the � rst semi-� nal at Bangabandhu National Stadium yesterday. The score was level 1-1 following stipulated time. Sylhet took the lead in the very second minute of the tie with Rasel Ahmed running through the mid� eld and plac-ing home past Narayanganj goalkeeper Antor Kumar. Narayanganj though soon brought pari-ty in the 17th minute when Mohammad Ibrahim rolled his shot into an empty net. In the penalty shootout, Arafat Hossain, Imran Hossain, Rony Das, Sourav Sarkar and Ibrahim scored for the victors while Ariful Hakim, Abid Ahmed, Abu Bakkar and Raihan Khan netted for the losing side. Rasel turned from hero to villain when he missed his spot-kick. Dhaka district and Feni district will contest the second semi-� nal today.

–TRIBUNE REPORT

Albion sign Evans from Man UtdWest Bromwich Albion have signed Northern Ireland defender Jonny Evans from Manchester United, the Premier League club announced on Saturday. Evans is reported to have cost Albion £6 million ($9 million, 8 million euros), plus a potential £2 million in add-ons, and has agreed a four-year contract. The 27-year-old will link up with former United team-mates Darren Fletcher, James Chester and Ben Foster at The Hawthorns.

–AFP

Anderson beats Herbert to win third ATP titleSecond seed Kevin Anderson used his pow-erful serve to end the unlikely run of quali� er Pierre-Hugues Herbert with a 6-4 7-5 victory in the � nal of the Winston-Salem Open in North Carolina on Saturday. One break in each set was enough for Anderson to clinch the third ATP title of his career and end a streak of losing seven straight � nals.

–REUTERS

Bayern sell Brazil defender Dante to WolfsburgBayern Munich con� rmed on Sunday they have sold Brazil centre-back Dante to Wolfsburg for an undisclosed fee with the 31-year-old set to sign a three-year contract. Dante has fallen out of favour with Bayern coach Pep Guardiola due to a lack of pace and the Brazilian, whose full name is Dante Bon� m Costa Santos, has found himself on the bench for Bayern’s three league games this season.

–AFP

Kvitova downs Safarova for New Haven three-peatSecond-seeded defending champion Petra Kvi-tova clinched her third WTA Connecticut Open crown here Saturday with a 6-7 (6/8), 6-2, 6-2 victory over Czech compatriot Lucie Safaro-va. Two-time Wimbledon champion Kvitova extended her unbeaten record over fourth seed Safarova to seven matches, a winning streak that began with her � rst victory over her fellow left-hander at New Haven in 2012.

–AFP

QUICK BYTES

Bowlers’ day out at SSCn AFP, Colombo

The decisive third and � nal Test between In-dia and Sri Lanka hung on a knife edge after 15 wickets fell during a dramatic third day’s play in Colombo on Sunday.

Play ended with India on 21-3 in their sec-ond innings, an overall lead of 132 with seven wickets in hand on a seaming pitch at the Sin-halese Sports Club.

With the series locked at 1-1 and bowlers from both sides trying to press home the ad-vantage, a � ne rearguard action by Sri Lanka’s lower order stood out.

India’s makeshift opener Cheteshwar Pu-jara carried his bat through his side’s innings to anchor his team to a competitive 312 before

their � rst innings ended 25 minutes after the start of the day’s play.

The hosts slipped to 47-6 in reply and were in danger of being asked to follow on before the last four wickets added 154 runs in a re-markable revival that helped them to 201 soon after tea.

Indian seamer Ishant Sharma picked up � ve wickets, but Sri Lanka were saved by a de� ant 79-run partnership between debu-tant wicket-keeper Kusal Perera and tailender Rangana Herath.

The pair joined hands with the hosts still 66 away from avoiding the follow-on and with Dhammika Prasad having retired hurt after being hit on the hand by a rising ball from Sharma.l

INDvSLINDIA 1ST INNINGS R B(overnight 292-8)C. Pujara not out 145 289I. Sharma b Herath 6 9U. Yadav b Herath 4 14 Extras: (lb2, w4, nb7, pen5) 18Total (all out, 100.1 overs) 312

BowlingPrasad 26-4-100-4 (nb4, w1), Pradeep 22-6-52-1 (w3), Mathews 13-6-24-1, Herath 27.1-3-84-3, Kaushal 12-2-45-1 (nb3)SRI LANKA 1ST INNINGS R BU. Tharanga c Rahul b I. Sharma 4 23K. Silva b Yadav 3 11D. Karunaratne c Rahul b Binny 11 37D. Chandimal lbw b Binny 23 27A. Mathews c Ojha b I. Sharma 1 9L. Thirimanne c Rahul b I. Sharma 0 7K. Perera c Kohli b I. Sharma 55 56D. Prasad st Ojha b Mishra 27 23R. Herath c Ojha b I. Sharma 49 84 T. Kaushal lbw b Mishra 16 39N. Pradeep not out 2 5Extras: (lb1, w2, nb7) 10Total (all out, 52.2 overs) 201

Fall of wickets1-11 (Tharanga), 2-11 (Silva), 3-40 (Chandimal), 4-45 (Mathews), 5-47 (Karunaratne), 6-47 (Thirimanne), 7-127 (Perera), 8-156 (Kaushal), 9-183 (Herath), 10-201 (Prasad) BowlingI. Sharma 15-2-54-5 (nb6, w1), Yadav 13-2-64-1, Binny 9-3-24-2 (w1), Ashwin 8-1-33-0, Mishra 7.2-1-25-2 (nb1)INDIA 2ND INNINGS R BC. Pujara b Prasad 0 2L. Rahul b Pradeep 2 8A. Rahane lbw b Pradeep 4 17V. Kohli not out 1 12 R. Sharma not out 14 10Extras: 0Total (for 3 wickets, 8.1 overs) 21

Fall of wickets1-0 (Pujara), 2-2 (Rahul), 3-7 (Rahane) BowlingPrasad 4.1-2-8-1, Pradeep 3-1-6-2, Herath 1-0-7-0

India lead by 132 runs with 7 wickets in hand

India’s Stuart Binny (R) celebrates after taking the wicket of Sri Lanka’s Dinesh Chandimal during the third day of their third and � nal Test in Colombo yesterday REUTERS

Clemon Indoor Uni Cricket starts tomorrown Minhaz Uddin Khan

Clemon Uni Cricket 2015 is all set to begin at Shaheed Sohrawardi Indoor Stadium to-morrow. Event management organisation 3 Crics, owned by former Bangladesh cricketers Akram Khan, Khaled Mashud and Athar Ali Khan, is organising the competition and held a press conference yesterday where it gave out all the details of the tournament.

A total of 55 universities, both public and pri-vate, will partake in the week-long tournament. The teams have been divided into eight groups with only the group champions qualifying for the quarter-� nals. Former national skipper Mashud said 55 matches will be played in this year’s edition.

“To make it a fun event for the audience, we have arranged ra� e draw on a daily basis. Four winners will be named everyday from the draw. At the end of the tournament, we will have 28 winners and they will all enjoy a helicopter ride in the capital,” Mashud in-formed the media yesterday. All the matches will be telecast live on GTV. l

Bangladesh football team reached Perth yesterday ahead of their upcoming 2018 Fifa World Cup second round away quali� er against Asian champions Australia this Thursday DHAKA TRIBUNE

28DT Sport

Bayern go topn AFP, Berlin

Pep Guardiola says Bayern Munich can im-prove their passing even as the Bavarian gi-ants dazzled during Saturday’s 3-0 home win over Bayer Leverkusen that put them top of the Bundesliga. l

MONDAY, AUGUST 31, 2015

RESULTSVfB Stuttgart 1-4 Eintracht FrankfurtDidavi 30 Castaignos 42, 87, Seferovic 69, Hlousek 11-og

Augsburg 0-1 Ingolstadt Leckie 63

Cologne 2-1 HamburgHosiner 76, Modeste 81-P Holtby 47

Mainz 05 3-0 Hanover 96Muto 15, 29, Malli 47

Darmstadt 0-0 Ho� enheim

Bayern Munich 3-0 Bayer LeverkusenMueller 26, 60-P, Robben 71-P

Real Madrid’s James Rodriguez (C) scores from an overhead kick against Real Betis during their La Liga match at Santiago Bernabeu on Saturday REUTERS

James, Bale lift Real as Barca edge Malagan Reuters, Madrid

Real Madrid got their season up and running when Gareth Bale and James Rodriguez struck twice in a 5-0 drubbing of Real Betis on Satur-day while La Liga champions Barcelona edged Malaga 1-0 to maintain their perfect start.

James smashed in a superb free kick before halftime and Bale crossed for Karim Benzema to make it 3-0 two minutes into the second half.

Playmaker James then � red in an acrobatic overhead kick three minutes later as Real put Seville-based Betis to the sword.

Bale, who overshadowed an out-of-sorts Cristiano Ronaldo, sealed a resounding win with a long-range e� ort a minute from time that cannoned in o� a post.

Earlier, Thomas Vermaelen scored his � rst goal for Barca in their laboured win over Mal-aga at the Nou Camp.

The Belgium defender su� ered an inju-ry-plagued � rst season at Barca last term after joining from Arsenal.

“I didn’t celebrate the goal because I am not used to being in these situations and I don’t know how to,” Vermaelen told reporters.l

RESULTSReal Sociedad 0-0 Sporting Gijon

Barcelona 1-0 MalagaVermaelen 73

Celta Vigo 3-0 Rayo VallecanoNolito 11-P, 50, Fontas 88

Real Madrid 5-0 Real BetisBale 2, 88 Rodriguez 39, 50,Benzema 47

Belgian De Bruyne City’s for £55mn Reuters, London

Manchester City have bolstered their mid� eld ranks with the signing of highly-rated Belgian Kevin de Bruyne from VfL Wolfsburg on a six-year contract, the twice Premier League champions said on Sunday.

“I want to reach the highest level possible as a player and I think the most important thing is that at the end of the season we can be hap-py and maybe have some titles,” playmaker De Bruyne told the City website. l

Gomis sinks Utd, Tadic at the doublen AFP

Frenchman Bafetimbi Gomis scored for the fourth consecutive match to bring an end to Manchester United’s unbeaten start to the season as Swansea impressed their way to a 2-1 win at Liberty Stadium yesterday.

Spaniard Juan Mata gave United the lead three minutes into the second half, only to see Ghanaian Andre Ayew bring parity 13 minutes later. Gomis then struck in the 66th minute to continue the Swans’ � ne start.

Earlier yesterday, Dusan Tadic scored a quick-� re brace as Southampton beat 10-man Norwich City 3-0 at St Mary’s to record a � rst win of the Premier League campaign.

Seventh last season, Ronald Koeman’s

Southampton had drawn two and lost one of their � rst three games, but victory lifted them into the top half of the table, one point above promoted Norwich.

After Norwich right-back Steven Whittaker had been sent o� for two bookable o� ences, Graziano Pelle opened the scoring in � rst-half stoppage time and Serbia winger Tadic struck twice in the second half.

It was the � rst time that 34-year-old Norwich manager Alex Neil had tasted defeat in an away league game since his appointment in January.

Showing three changes to the team elim-inated from the Europa League by Danish champions FC Midtjylland on Thursday, Southampton were quick to put their oppo-nents on the back foot. l

Bafetimbi Gomis celebrates scoring the second goal for Swansea during their EPL match against Manchester United at Liberty Stadium yesterday REUTERS

Sport 29D

T

MONDAY, AUGUST 31, 2015

Ten Sports 9:00PM US Open 20151st Round, Session 1 Sony Six10:15AM India Tour of Sri Lanka 3rd Test, Day 4 Star Sports 18:00PM Australia Tour of England: Lone T20I

DAY’S WATCH

RESULTSBologna 0-1 Sassuolo Floro Flores 86

AC Milan 2-1 EmpoliBacca 16, Adriano 69 Saponara 20

MEN TO WATCHNOVAK DJOKOVIC

The world number one can put an emphatic stamp on a dominant season with a win and his third major title of the year. The Serb is a � ve-times � nalist at the U.S. Open

though only has one win to show for it. He has � nished runner-up in his two tune-up events and, as always, will be strongly challenged at the top of the draw.

ROGER FEDERERThe 17-times grand slam champion has not won a major since 2012 but recent form suggests that could change. Following a loss to Djokovic in the Wimbledon � nal, Federer

earned small revenge by defeating the world number one in the Cincinnati � nal last week. A � ve-times champion at Flushing Meadows, he can never be counted out.

ANDY MURRAYThe world number three has repeatedly fallen victim to the two men at the top. Murray fell to Djokovic in the Australian Open � nal and French Open semis, and to

Federer in the Wimbledon semi-� nal. Murray did, however, break through with a win over Djokovic in the Montreal � nal this month.

STAN WAWRINKAThe Swiss standout has enjoyed headlines both good and bad this season. He is the only man to defeat Djokovic in a grand slam this year, topping him in the French

Open � nal for his second career major title. He’s also enjoyed a strong campaign, winning three titles, but it has been obscured a bit by controversial comments Nick Kyrgios made about the Swiss’s girlfriend that were picked up by on-court microphones.

NICK KYRGIOSThe 20-year-old Aussie has become the bad boy of tennis, drawing a suspended 28-day ban and $25,000 � ne for comments directed towards Stan Wawrinka during a match.

Kyrgios’ lone match since his comments earlier this month was a timid loss to Richard Gasquet in Cincinnati. His behavior and performance will be closely scrutinized at the U.S. Open.

WOMEN TO WATCHSERENA WILLIAMS

The top-ranked American is at the centre of the tennis universe as she swings for history and ultimate domination. Williams, the three-times defending champion, is bidding to complete a calendar-year sweep of the four grand slams, which was last accomplished by Ste� Graf in 1988. Another triumph would give Williams a 22nd career grand slam singles title.

SIMONA HALEPThe 23-year-old Romanian recently ascended to world number two after reaching the � nal in Cincinnati last week. Halep has not enjoyed the best of grand slam seasons, with a quarter� nal exit at the Australian Open her best � nish, but she will be on the opposite side of the draw from Williams and brings strong form to her pursuit of a maiden major win.

MARIA SHARAPOVAThe former U.S. Open champion arrives to Flushing Meadows as a major question mark. Sharapova has not played since Wimbledon, where she su� ered a 17th consecutive defeat to Williams in the semi-� nal, withdrawing from her last two tournaments with a leg injury. Rust will be a factor for the 2006 champion.

BELINDA BENCICThe 18-year-old Swiss is being hailed as the future of tennis. She defeated Serena Williams earlier this month in Toronto en route to winning the title, her second of the year. Bencic’s lack of grand slam experience could be a factor, though she did reach the U.S. Open quarter-� nals last year.

VICTORIA AZARENKARanked 20th in the world, Azarenka has quietly put together a strong U.S. Open resume and is a two-time � nalist. An upper left leg injury forced her to retire from her third round match in Cincinnati, but health permitting the two-times grand slam champion could be a strong factor.

Serena chases history, Djokovic con� dent despite run-up losses to rivalsn AFP, New York

World number one Serena Wil-liams feels the pressure of chasing history at the US Open, but she ac-cepts the intensity as the price for dominating a generation of wom-en’s tennis.

The 33-year-old American, who captured her � rst Grand Slam title at the 1999 US Open at age 17, is a huge favorite as she tries to com-plete the � rst calendar-year Grand Slam since Ste� Graf in 1988 by winning her 22nd career major title starting Monday on the New York hardcourts.

“I decided I prefer to have that pressure than the pressure of not winning,” Williams said. “Not everyone can handle that pressure, but I’m OK with it. I would rather be in this position than another one.”

Still, there’s no doubt Williams is looking for-ward to seeing her designs in a New York fash-ion show a few days after the US Open.By then, the Grand Slam bid will be over, win or lose.

“I’m ready. I’m so ready. I’m ready to get it over with,” Williams said. “I don’t care if I win

or lose or break even. I’m ready to start it, get it over with, and be done and go on to the next event.”

Williams seeks her fourth con-secutive US Open title after having won this year’s French and Aus-tralian Opens and Wimbledon as

well as hardcourt events in Miami and Cin-cinnati, the last US Open warm-up where she defeated Romania’s Simona Halep in the � nal for a 69th career crown.

Meanwhile, World number one Novak Djokovic lost to rivals Roger Federer and Andy Murray in the � nals of U.S. Open warm-up events but the Serb insists those defeats have aided his preparations for the last grand slam of the season.

“Of course, I did want to win both in Can-ada (Montreal) and Cincinnati, but it didn’t happen,” the top-seeded Djokovic told re-porters on Saturday at Flushing Meadows.

“But they deserved to win because they were better players on the court. It only changes in terms of me understanding what I did wrong, what has happened in those matches, analysing it. l

New strikers give Milan � rst win of seasonn Reuters, Milan

New strikers Carlos Bacca and Luiz Adriano bagged their maiden Serie A goals to give AC Milan their � rst points of the season with a 2-1 home win over Empoli on Saturday.

Colombian Bacca, signed from Sevilla last month, outran two defenders to score in the 16th minute at the San Siro.

Former Milan player Riccardo Saponara equalised for Empoli four minutes later, slid-ing the ball under the legs of goalkeeper Die-go Lopez.

Brazilian Luiz Adriano, sold by Shakhtar Donetsk for eight million euros ($8.87 mil-

lion), then headed the winner in the 69th minute as Milan moved into 10th place after two matches.

Striker Mario Balotelli, back on loan at his old club from Liverpool, was greeted with a few whistles when the Milan names were read out and spent the game on the bench.

Sassuolo substitute Floro Flores brought a dull game to life at Bologna by scoring four minutes from time, his second goal in as many games.

But after their � rst league win of the sea-son, Mihajlovic slammed his side’s attitude.

Mihajlovic told Sky Sport: “The only thing positive about tonight was the rest, but noth-ing else.

“We lacked courage, personality and char-acter. Not a lot has changed since last year, except for the two new lads who both scored a goal. We really need to work on our mental ap-proach, because in midweek we’d worked a lot on how to get the ball forward to the strikers.”l

DOWNTIME30DT

MONDAY, AUGUST 31, 2015

CALVIN AND HOBBES

PEANUTS

DILBERT

How to solve: Fill in the blank spaces with the numbers 1 – 9. Every row, column and 3 x 3 box must contain all nine digits with no number repeating.

CODE-CRACKER

CROSSWORD

SUDOKU

YESTERDAY’S SOLUTIONS

CODE-CRACKER

How to solve: Each number in our CODE-CRACKER grid represents a di� erent letter of the alphabet. For example, today 16 represents N so � ll N every time the � gure 16 appears.You have two letters in the control grid to start you o� . Enter them in the appropriate squares in the main grid, then use your knowledge of words to work out which letters go in the missing squares.Some letters of the alphabet may not be used.As you get the letters, � ll in the other squares with the same number in the main grid, and the control grid. Check o� the list of alphabetical letters as you identify them.

ABCDEFGHIJKLMNOPQRSTUVWXYZ

CROSSWORD

ACROSS1 Limb 33 Tentacle (6)8 Summit (4)9 United (3)10 Long angry speech (6)11 Coating on teeth (6)14 Comforts (5)17 Fear greatly (5)20 Redemption of a price (6)24 Prayer (6)26 Fate (3)27 Midday (4)28 Diminish (6)29 Bashful (3)

DOWN1 Bait (4)2 Festive (4)3 Function for charity (4)4 Banishment (5)6 Conclude (3)7 Emits fumes (5)12 And not (3)13 Extinct bird (3)15 Beard of barley (3)16 Self (3)17 Amusingly queer (5)18 Sends out (5)19 Male honey-bee (5)21 Soon (4)22 Transgressions (4)23 Relatively numerous (4)25 Fish eggs (3)

SUDOKU

SHOWTIME 31D

TMONDAY, AUGUST 31, 2015

WHAT TO WATCH

CELEBS ON SOCIAL

Taylor Swift @taylorswift13 So incredible shar-ing the stage with @AvrilLavigne! ‘Complicated’ is such a brilliant pop song and I just love her.

IGGY AZALEA @IGGYAZALEA Im already planning my halloween cos-tume.

Lucy Hale @lucyhale And once again I’m a belieber. Hell yes to his new song.

The ConjuringHBO 1:10pmBased on a true story The Conjuring tells the horrifying tale of how world renowned paranormal investigators Ed and Lorraine Warren were called upon to help a family terrorized by a dark presence in a secluded farmhouse. Forced to confront a powerful demonic entity the Warrens � nd themselves caught in the most terrifying case of their lives.Cast: Patrick Wilson, Vera Farmiga, Ron Livingston

Jurassic ParkStar Movies 4:30pmDuring a preview tour, a theme park su� ers a major power breakdown that allows its cloned dinosaur exhibits to run amok.Cast: Sam Neill, Laura Dern, Je� Goldblum

Madagascar 3: Europe’s Most WantedZee Studio 9:30pmAlex, Marty, Gloria and Melman are still � ghting to get home to their beloved Big Apple. Their journey takes them through Europe where they � nd the perfectCast: Ben Stiller, Jada Pinkett Smith, Chris Rock

Taylor Swift sings Smelly Cat with Lisa Kudrow

n Nadira Sultana Ava

Shadhona, a dance organisation, presented its annual dance scholarship in an award ceremony in Banani centre on Saturday.

This year’s award was bagged by Ariful Iislam Arnob, a student of the organisation and an engineering graduate. The award was handed over by Lubna Marium, the artistic director of Shadhona. Zeenat Islam, the president of SAARC Women’s Association, Dhaka Chapter, among others, were present on the occasion.

Shadhona, one of the pioneering dance centers in the country, initiated the scholarship programme in 2012 with the help of SAARC Women’s Association Bangladesh, which plays the role of a facilitator in the programme.

This is the fourth scholarship given by the organisation so far, the previous scholarships having gone to Abu Nyeem, Tahnun Ahmedi and Hossain Mahabub in 2012, 2013 and 2014 respectively.

This year’s award recipient, Ariful Iislam Arnob, will have a chance to participate in a year-long certi� cate course on contemporary dance by Rhythmosaic in Kolkata, India.

Following the award handover, there was a dance show in which four dance routines were presented by the four scholarship-recipients individually.

One of the biggest attractions of the evening was an exciting choreographys, named the The Long Road by Abu Nyeem, who prepared it during the Gati Summer Dance Residency earlier this year and had already performed it in Delhi. Later on, the duo Tahnun Ahmedi and Mahabub Hossain performed a spectacular contemporary dance piece. l

n Showtime Desk

Taylor Swift’s 1989 world tour has featured an epic roster of special guests, with names getting bigger and weirder as it progressed. For her � nal show at the Los Angeles’ Staples Center, Swift brought out actress Lisa Kudrow, who reprised her famous “Friends” character Phoebe Bu� ay.

With an acoustic guitar in hand, Swift introduced Kudrow as her � ctional

character, who appeared on stage to perform Bu� ay’s song Smelly Cat with the singer.

Suddenly, Kudrow interrupted Swift to o� er some Bu� ay-esque critiques.

“That was good, but you have to really feel the lyrics,” she said to the screams and laughs from the audience before showing Swift how it’s best sung.

Justin Timberlake and Selena Gomez also made surprise appearances at the Staples

Center show. Timberlake, Swift’s “musical crush,” made his � rst concert appearance since becoming a � rst-time father. The pair sang his hit Mirrors o� in The 20/20 Experience.

Gomez and Swift sang the former’s latest single Good for You, which the latter called the “song of the summer.” After the show, Gomez shared a picture of the pair together, acknowledging their long friendship and career intersections. l

Shadhona presents annual dance scholarship

BACK PAGE32DT

MONDAY, AUGUST 31, 2015

5 COMPANIES MEET BCB GUIDELINES PAGE 25

TELCOS CONCERNED OVER DRAFT TOWER SHARING GUIDELINE PAGE 20

UN CLIMATE TALKS: THE STICKING POINTS PAGE 8

Mainstreaming climate change with developmentn Abu Bakar Siddique

The government is planning to update the climate change strategy and action plan in line with the current situation to set priority, directions and importance while undertaking development projects.

“We are planning to make the updates as the climatic situation in Bangladesh has been changing gradually and some new issues need to be incorporated,” said Kamal Uddin Ahmed, secretary to the Ministry of Environ-ment and Forest.

The Bangladesh Climate Change and Ac-tion Plan (BCCSAP) was adopted as a guide-line in 2009 with an aim to combat the im-pacts of global warming.

With this, Bangladesh also became the � rst country in the world to have a guideline of this sort.

The guideline comprises six thematic pillars: food security, social protection and health; com-prehensive disaster management; infrastruc-ture, research and knowledge management; mitigation and low carbon development; capac-ity building; and institutional development.

Dr Saleemul Huq, director of the Interna-tional Centre for Climate Change and Devel-

opment, welcomed the decision because he thinks that the situation has changed in the past few years.

“The mainstreaming includes four consider-ations: including components in development projects instead of dealing with climate change as a standalone issue; lessons learned from previous fund expenditures and project man-agement; losses and damage incurred; and mi-gration. These should be incorporated in the up-dated strategy and action plan,” he prescribed.

Under this guideline, the government has already formed the Bangladesh Climate Change Trust Fund with its own resources worth Tk2,900 core in 2009-10 � scal year.

In addition, the Bangladesh Climate Change Resilience Fund was formed with � -nancial support from Denmark, the European Union, Sweden, the UK, Switzerland, Austral-ia and the US. This is a $188m fund for build-ing resilience to the e� ects of climate change.

“The decision to update the Bangladesh Climate Change and Action Plan is obviously good. Three things including transfer of tech-nology, capacity building and fund raising from global community should be incorporat-ed in the document to make it time-worthy,” said Prof Ainun Nishat, who led the formula-

tion of BCCSAP in 2009.According to the document, the Climate

Change Action Plan is a 10-year programme (2009-18) to build capacity and resilience to meet the challenges of climate change. The needs of the poor and vulnerable, including women and children, will be mainstreamed in all activities under the action plan.

However, there are allegations that many projects taken in the past did not follow the guideline.

Ainun Nishat said the � nancial and overall management of these funds have so far been very poor and this, therefore, should be given importance while updating the BCCSAP.

He also suggested that the government should initiate a comprehensive evaluation of the implementation of the guideline over the last few years, before updating it, for the best results.

According to the � fth assessment report of Inter-governmental Panel on Climate Change, Bangladesh is identi� ed as being at speci� c risk from climate change due to its exposure to sea-level rise and extreme events like sa-linity intrusion, drought, erratic rainfall and tidal surge which will hamper the country’s food as well as livelihood security. l

Bus owners vow not to raise fare without govt nodn Shohel Mamun

Bus service owners in Dhaka have asked the government to increase the fare of CNG-run bus services and vowed not to raise the fare until the government gives the nod.

“We have proposed a fare hike in Dhaka and Chittagong cities following the fuel price hike, as the local bus services in these cities operate CNG-run buses,” said Khandakar Enayetullah, secretary of Dhaka Bus Owners’ Association.

A delegation from the organisation met the secretary of the Road Transport and Highway Division yesterday and submitted the propos-al, Enayet told the Dhaka Tribune.

“No bus service will increase the fare on its own; we will follow the government decision.”

Sources said bus owners proposed a hike of 40 paisa per kilometre for buses from the existing 60 paisa, making it Tk1 per kilometre. For minibuses, they proposed Tk1.85 per kilo-metre – a 35 paisa hike from the current Tk1.50.

However, Enayet claimed that they had not suggested how to increase the price in the proposal and requested the government to � x the fare in line with the CNG price hike.

“We also demand that the government al-lows bus services to use CNG-run buses in cit-ies other than Dhaka and Chittagong.” l

Delhi mulls ordinance to grant citizenship to Bangladeshi Hindu refugeesn Tribune Desk

The Indian government is working on an or-dinance to amend the Citizenship Act to grant citizenship to “persecuted” Hindu refugees from Bangladesh, Pakistan and Afghanistan, Time of India reports.

While the ordinance will cover refugees from three nations, it is primarily aimed at Hindu migrants from Bangladesh who have crossed over into Assam and West Bengal in large numbers over the years.

Analysts say Bidhansabha (state assembly) elections are due in both eastern states next year and the ruling BJP hopes the move will brighten its electoral prospects.

The government is working on a policy paper on the modalities of granting natural citizenship to the refugees. The complicated and contentious part, according to sources in-volved in the process, is to work out who to include and on what basis to include them as citizens.

A task force set up by the Indian Home Ministry is also working on how to grant cit-izenship to the scores of Hindus, Sikhs, Chris-tians, Buddhists and Chakma refugees. l

Two � ag carrying cars, followed by a policeman on a motorcycle, take the wrong direction on one side of the road in front of Hotel Ruposhi Bangla in the capital while the other side remains packed with tra� c yesterday SYED ZAKIR HOSSAIN

Editor: Zafar Sobhan, Published and Printed by Kazi Anis Ahmed on behalf of 2A Media Limited at Dainik Shakaler Khabar Publications Limited, 153/7, Tejgaon Industrial Area, Dhaka-1208. Editorial, News & Commercial O� ce: 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