Dhaka, Oct 21 (UNB) – Bangladesh has signed an Agreement on Labour Cooperation (ALC) with the Seychelles, opening the way for manpower export to resume to the Indian Ocean archipelago nation off the east coast of Africa.
Category: Economy
Financing the green transition
By Bertrand Badré and Antoine Sire Paris – Four years after world leaders signed the Paris climate agreement and adopted the United Nations’ 2030 Agenda with its 17 Sustainable Development Goals (SDGs), the global environmental crisis shows every sign of…
European economic democracy: A path out of the crisis
by Lorena Lombardozzi and Neil Warner on 21st October 2019 @floretta_voice A genuinely social Europe must have economic democracy rather than rely only on market mechanisms.
Work on Lower Subansiri HEP sans people’s concerns opposed
October 21, 2019 SANDRP – With work on NHPC Ltd’s 2,000-MW Lower Subansiri hydro power project restarting after a wait of almost eight years, anti-dam organisations led by the All Assam Students’ Union (AASU) and Krishak Mukti Sangram Samiti (KMSS)…
C’wealth F. Ministers for e-commerce taxing to tackle debt
21 October 2019 – Commonwealth finance ministers have recognised the potential of technology to improve debt transparency while urging closer collaboration to resolve tax challenges arising from growing digital commerce.
Europe’s specialty food makers brace for US tariffs
Milan, Oct 17 (AP/UNB) — European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a…
Taka currency notes floating in Karatoa River in Bogura!
Bogura, Oct 15 (UNB) – Hundreds of people gathered along the bank of the Karatoa River adjacent to Chelopara Bridge in the town on Monday night after a news spread that money is floating in the river.
Economists who study poverty win Nobel Prize
Stockholm, Oct 14 (AP/UNB) — The 2019 Nobel Prize in Economic Sciences has been awarded Monday to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.”
Wiping out poverty from the “roof of the world”
Known as the “roof of the world,” Tibet Autonomous Region is known for its picturesque plateau landscapes and splendid ethnic cultures. It is also one of the main grounds in China’s nationwide campaign against poverty.
Bangladesh second-fastest-growing economy in S Asia: WB
Dhaka, Oct 13 – Bangladesh has been ranked as the second fastest-growing economy in South Asia after Bhutan in the latest World Bank report on the economic situation.
পদ্মা সেতু রেল প্রকল্পে ক্ষতিগ্রস্ত ৩০৪১ জনকে পুনর্বাসন সুবিধা প্রদান
ঢাকা থেকে ভাঙ্গা পর্যন্ত পদ্মা সেতু রেল সংযোগ নির্মানে ক্ষতিগ্রস্ত ছয় জেলার ৭৭০০ জনের মধ্যে ৩০৪১ জনকে পুনর্বাসন কার্যক্রমের আওতায় ইতোমধ্যে অতিরিক্ত অনুদান হিসাবে ৭৭ কোটি ৬৯ লক্ষ ৫০ হাজার টাকা প্রদান করা হয়েছে। বাকী ক্ষতিগ্রস্তদের সহায়তাও প্রক্রিয়াধীন রয়েছে।
India becoming important destination of Chinese investors
New Delhi, Oct. 12 (Xinhua/unb) — With its rapidly growing economy and geographical advantages, India is now becoming an important destination for Chinese investors going global.
Bangladesh GDP growth 7.2 percent likely in 2019-20: WB
Dhaka, Oct 10 – The World Bank has forecast over 7.2% Gross Domestic Product (GDP) growth for the current fiscal year (FY2019-20) of Bangladesh, driven by manufacturing and domestic demands, while government’s projection for the same fiscal year in the…
Meeting you’ve never heard of — & challenge on inequality
By Ben Phillips Mexico City, Oct 9 2019 (IPS) – Last month 195 world leaders once again met in New York for big speeches and grand events. But on inequality, when all is said and done, more has been said…
Rosatom Chief for maximizing nuclear technology for SDGs
Alexey Likhachev, Director General of Russia’s state nuclear energy corporation-ROSATOM emphasized on maximum harnessing the potential of nuclear technologies in order to implement the decisions of the Paris Agreement on Climate Change and achieve sustainable development goals. He was addressing…
The rise of phantom investments
By Jannick Damgaard, Thomas Elkjaer and Niels Johannesen Washington DC, Oct 3 2019 (IPS) – According to official statistics, Luxembourg, a country of 600,000 people, hosts as much foreign direct investment (FDI) as the United States and much more than…
Invest in Bangladesh: PM invites global investors
New Delhi, Oct 3 (UNB) – Prime Minister Sheikh Hasina on Thursday urged the global investors, particularly the Indian entrepreneurs, to invest in non-conventional potential areas.
BD remittance inflow to hit $18-20bn this fiscal year
Dhaka – Mentioning that the remittance inflow has significantly gone up since the announcement of 2 percent incentive, Finance Minister AHM Mustafa Kamal hoped that the annual remittance inflow will reach $18-20 billion within the current fiscal year.
Global Green New Deal needed to deliver on 2030 Agenda
Geneva, Sep (Kanaga Raja) – A Global Green New Deal is needed to reverse the polarization of income within and across countries, create a stable financial system that serves the productive economy, mitigate the threats and seize the opportunities associated…
High-level meet on finance for dev – result business-as-usual
By: Jennifer del Rosario-Malonzo 28 September 2019, New York City — Following a disappointing Climate Action Summit that yielded few commitments, despite science showing the need for urgent system change, and a Sustainable Development Goals (SDGs) Summit acknowledging that the…
‘Mechanised, commercial production can save BD farmers’
Dhaka, Sept 27 (UNB) – Stressing the importance of farm mechanisation to boost outputs and save farmers from losses, Agriculture Minister Muhammad Abdur Razzaque has said farmers will be provided with agricultural machinery.
What surfing taught me on reforming state-owned enterprises
By Rafayil Abbasov Reforming state-owned enterprises can be an extraordinarily complex activity but it is underpinned by a single clear goal.
Reconciliation must drive development
By Rémy Rioux Paris – In a profoundly volatile world riddled with fractures, the temptation to embrace a seemingly reassuring path of withdrawal or isolation may be strong. In fact, avoidance of potential hazards seems only natural. For lack of…
Live up to promises for SDG benefits to the marginalised: PM
New York, Sept 25 (UNB) – Prime Minister Sheikh Hasina on Wednesday urged the global leaders to live up to their commitments they made to protect the planet aiming to ensure the benefits of SDGs for the most marginalised people.
ADB projects 8pc GDP growth in Bangladesh
Dhaka, Sept 25 (UNB) – The Asian Development Bank (ADB) on Wednesday projected 8 percent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asia and the Pacific.
Let’s step up our efforts – now, Guterres tells SDS summit
24 September 2019 SDGs – “The 2030 Agenda is coming to life”, declared the UN chief on Tuesday, referring to the blueprint for a healthier planet and a more just world, as he launched the first Sustainable Development Goals (SDG)…
Revenue Board orders freezing GK Shamim’s Bank accounts
Dhaka, Sept 23 – The National Board of Revenue (NBR) on Monday gave instruction to all banks to provide information on the accounts of Golam Kibria Shamim alias GK Shamim.
Finance £6bn UK fund for BD, other climate vulnerable countries
British High Commissioner to Bangladesh Robert Chatterton Dickson on Saturday said the United Kingdom (UK) would be spending some 6 billion pounds to help Bangladesh and other vulnerable countries combat climate change with adaptation and mitigation.
Climate Summit for Enhanced Action:Perspective from India
With the upcoming UN-Secretary General’s Climate Summit in New York on 23rd September, the Climate Change Finance Unit of the Department of Economic Affairs of the Ministry of Finance, India has released a discussion paper titled ‘Climate Summit for Enhanced…
Another 160 BD workers sent back home from Saudi Arabia
About 160 Bangladeshi workers, sent back home from Saudi Arabia on Tuesday night amid a crackdown on undocumented workers, said they had been forced to return despite having valid documents.