Eminent economist Prof Wahiduddin Mahmud on Saturday said good governance and accountability in public expenditure are a must for ensuring proper implementation of ambitious Sustainable Development Goals (SDGs) in Bangladesh. “To ensure the results of the development goals, accountably should…
Manama, Bahrain, 1 Dec: The World Islamic Banking Conference (WIBC) and the International Islamic Financial Market (IIFM) hosted an engaging pre-conference seminar on Islamic capital markets on Tuesday. In attendance were global Islamic finance leaders who converged at the Gulf…
Dhaka – The two-day Bangladesh Development Forum (BDF) 2015 ended in Dhaka on Monday with the government and the development partners pledging greater partnership in areas vital to achieve the targets set in the 7th Five Year Plan and the…
Dhaka – A two-day Bangladesh Development Forum (BDF)-2015 began in the capital on Sunday with the government drawing attention of the development partners to its core development agenda, highlighting the economic achievements, macroeconomic indicators and the climate for investment, trade…
A meeting of the Bangladesh Development Forum (BDF) will be held in Dhaka to underscore the need for foreign funding to implement sustainable development goals. Prime Minister Sheikh Hasina will inaugurate the two-day meet on Sunday, Economic Relations Division’s Senior…
The European Commission has announced the approval of EUR 50 million to the primary education sector of Bangladesh. This funding under the 2015 budget is in addition to the ongoing EU contribution to the sector which makes the European Union…
Prime Minister Sheikh Hasina has urged the Netherlands to invest in Bangladesh and import ‘world-class’ products from the country.She made the appeal when Dutch Minister for Foreign Trade and Development Cooperation Lilianne Ploumen called on her in The Hague on…
Manama, Bahrain – The World Islamic Banking Conference (WIBC) 2015 will serve as a launching pad for a critical report by Simply Sharia Human Capital – the UK’s first recruitment and knowledge portal solely dedicated to Islamic finance. The report…
The World Bank now wants to fund a project ‘even bigger’ than the $2.9 billion Padma railroad bridge project.This comes barely two years after the global lender raised a stink over alleged corruption forcing Bangladesh to withdraw its funding request…
The National Economic Council on Tuesday approved Seventh Five- Year Plan (SFYP) with a target to minimise economic disparity by generating new jobs and achieve sustainable development maintaining an average 7.4 percent growth during the period. Taka 31,903 billion will…
The Cabinet on Monday approved six draft amendment bills seeking to almost double the perks and privileges of the President, the Prime Minister, the Speaker, the Chief Justice, ministers and Deputy Speaker, and Appellate Division and High Court Division judges,…
Bangladesh Bank (BB) on Sunday launched the Electronic Fund Transfer (EFT) software for paying back the principal amount of different saving certificates on their maturity and the monthly interests incur against the certificates. “After launching the EFT software, people would…
China’s economic growth is expected to slow to 6.5 percent in 2016 from an expected 6.8 percent in 2015, even as the central bank eases policy further to ward off a sharper slowdown, a Reuters poll showed.A 25-basis-point reduction in…
Shenzhen – Nobel Laureate Professor Muhammad Yunus addressed a gathering of political leaders, top business leaders, and academic at Shenzhen Citizen’s Centre. Mr Bai Li Chen, Deputy Chairman of Chinese People’s Political Consultative Conference, a top ranking national leader of…
Prime Minister Sheikh Hasina has urged businessmen to keep their money in Bangladeshi banks following reports that their Swiss bank accounts are swelling.She made the appeal at a reception for her hosted by Bangladesh’s apex business body FBCCI in Dhaka’s…
Prime Minister of Japan Shinzō Abe convened a global conference on October 7-8 on Innovation for Cool Earth Forum in Tokyo. The Forum assembled experts around the world in order to address climate change through innovation of energy and environmental…
The World Bank says South Asia, including India, will be the fastest-growing region in the world, with GDP growth projected to go up from 7 percent in 2015 to 7.4 percent in 2016.But for that to happen, says the World…
Chinese Ambassador Ma Mingqiang has advised Bangladesh to promote itself in Beijing to woo investors. “Many Chinese people don’t have deep understanding about Bangladesh,” he said. “They consider Bangladesh a very close neighbour, but they don’t have understanding about the…
Nobel Laureate Dr. Muhammad Yunus, founder of Grameen Bank and the Grameen family of companies, is an inaugural member of its Board of Directors, and now serves as director emeritus. Grameen Foundation is headquartered in Washington, D.C., with offices in…
Asian stocks sagged on Monday after Wall Street’s uninspiring Friday performance and ahead of key economic indicators, while the dollar consolidated its gains against the yen and euro. MSCI’s broadest index of Asia-Pacific shares outside Japan stood virtually flat. Shanghai…
Chinese President Xi Jinping has pledged to establish a $2bn (£1.3bn) fund to assist developing countries and to significantly increase investment. Addressing a UN summit on development goals, Mr Xi said investment would reach $12bn over the next 15 years.…
Bangladesh economic growth is expected to go up slightly in the current fiscal year, due to strong domestic demand backed by better exports and remittances, says Asian Development Bank (ADB) yesterday. The bank in its latest outlook update for Asian…
Huge amount of Indian currency notes have been found in a container at the Chittagong port. The Indian currency notes were found in the container that arrived from the United Arab Emirates and was marked as loaded with home appliances.
Although Bangladesh has already met targets of the Millennium Development Goals (MDGs), there are still areas that need greater attention including hunger-poverty reduction, employment generation and ensuring quality education at all levels. ‘Millennium Development Goals: Bangladesh Progress Report-2015’ published on…
The draft of the 7th Five Year Plan (FY2016-FY2020), aiming to accelerate employment generation and reduce poverty, is now ready and awaits the Prime Minister’s suggestions. “The final draft of the 7th Five-Year Plan is ready and we’re awaiting Prime…
Government earned revenue of around Tk 112 crore as 14,5,92 unregistered motorcycles were forced to registered during on going drive against unregistered motorcycles by police across the country till September 5 from July 1 5. It was disclosed by Inspector…
The per capita external debt burden in the country stood at Tk 13, 160 on June 30 last, State Minister for Finance and Planning MA Mannan has said. MA Mannan disclosed the information in Parliament on behalf of Finance Minister…
By Gillian Mohney The self-styled Islamic State (IS) claims it is now minting its own gold coins and other currency, according to a lengthy propaganda video released Saturday by the militant group. Entitled “The Rise of the Khilafah and the…
Beijing, Aug. 26 – World markets experienced a “Black Monday” rout as anxiety over world economic prospects has been accumulated and fermented recently. Meanwhile, world currency and commodity markets have also been affected by the new round of fluctuation. Among…
The Maharashtra government is seeking the help of Nobel laureate Muhammad Yunus, the father of microcredit to introduce a microfinancing system for small and medium scale industries in the state, The Indian Express and The Hindu reported on Wednesday. State…