The largest question in democratic politics in Europe is: who’s in charge? The issue was illuminated in the latest standoff in the European Parliament, where the body voted on Wednesday to sanction Hungary for its illiberal policies. And in Sweden,…
Category: Economy
EU steps up strategy to connect Asia, Europe
The European Commission and the High Representative of the Union for Foreign Affairs and Security Policy on Wednesday adopted a joint communication that sets out the EU’s vision for a new and comprehensive strategy to better connect Europe and Asia.
Another global financial crisis for developing countries?
George Soros, Bill Gates and other pundits have been predicting another financial crisis. In their recent book, Revolution Required: The Ticking Bombs of the G7 Model, Peter Dittus and Herve Hamoun, former senior officials of the Bank of International Settlements,…
BD Govt to adopt framework on migration governance
IOM to provide technical support Dhaka, Sept 19 – BD Foreign Secretary M Shahidul Haque on Tuesday said there is no denying that international migration is providing unequivocal scope for Bangladesh to unlock potentials for sustainable development.
RU campus to have car parking facility
Rajshahi, Sept 18 – Rajshahi University campus is being developed to have car parking facility as one hundred fifteen spaces are going to be built for arranging tidy-up car parking for the students, teachers, officers and officials.
RU job quota protesters make a 3-point demand
Rajshahi, Sept 19 – The leaders and activists of quota reformist platform of students organised a demonstration at Rajshahi University making three demands including immediate publication of gazette bringing reform to the quota system in the civil service.
Quota protesters, BCL hold parallel rallies on DU campus
Dhaka, Sept 19 – Job quota protesters and ruling Awami League-backed student organization Chhatra League on Tuesday hold counter programme at Dhaka University campus over the government body’s recommendation for abolishing the quota system for class-I and class-II jobs in…
GDP growth record 7.86pc, per capita income US$ 1,751
Bangladesh has registered highest ever 7.86 per cent GDP growth in the fiscal year 2017-18, which is 0.21 per cent higher than the growth projection of 7.65 percent.
SKOP for removal of undemocratic parts in labour law draft
Sramik Karmachari Oikya Parishad (SKOP) leaders on Tuesday demanded for a proper amendment to the labour law protecting rights of the workers.
PM seeks India’s continued support for uplift of Bangladesh
Prime Minister Sheikh Hasina on Tuesday said she looks forward to continued support from India for the development of Bangladesh.
Plan to abolish quota in jobs of 2 grades, a deception: BNP
BNP senior leader Moudud Ahmed on Tuesday said the recommendation for abolishing the quota system for Grade-I and Grade-II jobs in civil service is a ‘deception’ by the government.
Job quota protesters vow to continue agitation
Bangladesh General Students’ Rights Protection Council, a platform which leads the quota reform movement, on Monday announced to continue its protest until its demands are met.
Govt body for abolishing quota from 9th to 13th grades
The body, formed by the government to review the existing quota system in public service, has recommended abolishing the quota system from 9th to 13th grades (1st class and 2nd class) of government jobs.
Who really creates value in an economy?
After the 2008 global financial crisis, a consensus emerged that the public sector had a responsibility to intervene to bail out systemically important banks and stimulate economic growth. But that consensus proved short-lived, and soon the public sector’s economic interventions…
Urban pollution costs BD about $6.5 bn a year: WB
Every year Bangladesh loses about $6.5 billion, which is about 3.4 percent of 2015 Gross Domestic Product (GDP), due to pollution and environmental degradation in urban areas, says a new World Bank report.
People will vote AL to power again, believes PM
Dhaka, Sept 15 – Prime Minister Sheikh Hasina on Saturday said she believes that the people will vote Awami League to power again in the next election for the sake of continuation of the development trend.
Rangpur region farmers happy with excellent jute price
Farmers under five districts of Rangpur agriculture region are happy with an excellent market price of the newly harvested jute amid achieving a better production of the crop in the current season.
BKB to disburse Taka 202 crore in Narsingdi
Bangladesh Krishi Bank (BKB) Narsingdi region has taken a plan to disburse Taka 202 crore as agriculture loans among farmers of the district during the current fiscal year 2018-19.
RMG workers reject Tk 8,000 as minimum wage; stage protests
Turning down the Tk 8,000 as minimum wage fixed by the government, readymade garment (RMG) workers on Friday staged demonstrations in the city and demanded Tk 16,000 as minimum wage.
Bangladesh seeks larger duty-free market access to US
Bangladesh has requested the United States to expand market access for Bangladeshi goods to the American market and increase duty-free market facilities in the light of WTO’s Bali Ministerial decisions.
Experts for ecosystem-based climate adaptation
Climate experts on Thursday urged the government and policymakers to integrate ecosystem based approach to adaptation (EbA) in national climate related policies to address adverse impact of climate change.
‘Minimum wage for RMG workers fixed at Tk 8,000’
The government has fixed the minimum wage for readymade garment workers at Tk 8000, said State Minister for Labour and Employment Mujibul Haque Chunnu.
Sustainable goals about people and will happen if they want
Today just over two billion people live without readily available, safe water supplies at home. And more than half the world’s population, roughly 4.3 billion people, live in areas where demand for water resources outstrips sustainable supplies for at least…
2.3 lakh loan defaulters in BD, Finance Minister
Classified loan soars to Tk 1,31,666 cr Dhaka, Sept 12 – There are 2.3 lakh loan defaulters in the country with the amount of the classified loan soaring to Tk 1,31,666 crore in the banks and financial institutions, Finance Minister…
Great recession, greater illusions
In 2009, the world economy contracted by -2.2%. Growth in all developing countries declined from around 8% in 2007 to 2.6% in 2009 as the developed world contracted by -3.8% in 2009. The collapse of the Lehmann Brothers investment bank…
Job quota protesters stage rally, demand gazette
Leaders and activists of Bangladesh General Students Rights Protection Council, a platform that spearheads the quota reform movement, on Wednesday brought out a rally on the Dhaka University campus demanding immediate publication of a gazette notification on quota system.
The next crisis will be worse than the financial one
Economists have been pretty silent over the summer. It has probably been too hot to come up with new ideas. Generally speaking, most of them are more passionate about 2% inflation or ½% growth and other economic key figures than…
China for enhancing practical economic ties with Bangladesh
Chinese Ambassador in Dhaka Zhang Zuo on Tuesday laid emphasis on building an effective platform of discussion, sharing and mutual help to further enhance the practical economic cooperation between Bangladesh and China.
Rich rise fastest in Bangladesh: Global report
Bangladesh ranked the fastest growing country in the world in terms of its increasing rich population.
9th wage board: 45 pc dearness allowance for journalists
The government has directed all the news media, including print media and news agencies, to provide dearness allowance to their staff, including journalists and other employees, under the 9th wage board.