Dhaka- The government on Thursday launched a five-day programme to celebrate Bangladesh’s eligibility for graduation from the group of least developed countries (LDCs) to a developing one.
Category: Economy
Netherlands contributes $800,000 for rice fortification
The Netherland government has contributed $800,000 to the United Nations World Food Programme (WFP) for scaling up an initiative on rice fortification in Bangladesh. Fortification is a complex process of increasing the content of essential vitamins and minerals in staple…
IFAD leads on sustainable farming on World Water Day
Rome, 21 March – On World Water Day 2018, a new report released by the International Fund for Agricultural Development (IFAD) shows that sustainable investment in freshwater ecosystems in developing countries helps farmers reduce the impact from floods, droughts and…
Real dev not possible without democracy, says BNP
Dhaka, Mar 21 – BNP’s senior leader Moudud Ahmed on Wednesday said the ‘developing country’ title for Bangladesh is pointless as it now lacks democracy.
LDC graduation ceremony in BD Thursday, formal lift 2024
Dhaka, March 21 – The government has taken all preparations to celebrate the graduation of the country from the group of the Least Developed Countries (LDCs) to developing country with elaborate programmes across the country including the capital today.
A road to right wing authoritarian government
by Simon Wren-Lewis This post is inspired by another, by Jan-Werner Müller. I have talked about Müller’s ideas on populism before. This particular post is a plea to focus less on the voters who elect populist politicians, and more on…
Moving beyond ‘capitalism’
by John Kay I wish we would stop using the word Capitalism. It is a 19th-century term, derived from 19th-century economic philosophy. But today people who would run a mile from any suggestion that they had Marxist sympathies freely use…
Asian markets rally as oil surge boosts energy firms
Asian markets rallied on Wednesday, with energy firms boosted by a rush into oil after data indicated a jump in US demand and OPEC provided an optimistic outlook for supplies.
BD to build roads along its borders with India, Myanmar
Dhaka-Bangladesh is going to construct ‘border roads’ in hilly areas along the India-Myanmar border aiming to ensure better security through improved road communications.
Pound surges as post-Brexit transition deal sealed
The pound rose Monday after Britain and the EU reached a landmark deal on a two-year transition after Brexit that will buy businesses and citizens time to adjust to life after the divorce. World stock markets jittered, meanwhile, in a…
Potential trade war eclipses G-20 meeting in Argentina
Buenos Aires, Mar 20 (AP/UNB) — Finance ministers and central bankers from the 20 leading industrial and developing countries are meeting in Argentina at a summit that has been eclipsed by growing concerns over the potential of a global trade…
Xi Jinping tells parliament China must not be complacent
Chinese President Xi Jinping has told the National People’s Congress (NPC) that China must not become complacent about its development.
Safe poultry feed a must to protect public health
Speakers at a participatory discussion called for producing safe poultry feed to get good quality of its meat for keeping public health free from various diseases.
Yi Gang becomes head of China’s central bank
US-educated economist Yi Gang has been named the next governor of China’s central bank, replacing Zhou Xiaochuan. Mr Yi joined the People’s Bank of China (PBOC) 20 years ago and has been its deputy governor since 2008. His appointment is…
‘Uncle He’ becomes China’s top economic leader
Harvard-educated Liu He has been named one of China’s four vice-premiers – in charge of economic policies and financial issues. It’s a huge and high-profile job. Known affectionately by some as “Uncle He”, it’s widely rumoured Liu He has been…
Cuba opens 1st wholesale food market for private sector
The Cuban government opened on Saturday in Havana, its first wholesale food-market for the private sector as part of the process to update the country’s economic model. This market center to operate under the name of “Mercabal” will for the…
Dev threatens Latin America’s great Pantanal wetlands
CACERES, Brazil,(BSS/AFP) – You can only just hear the murmur of running water through Plinia Rodrigues’ vegetable garden, but that tiny stream has a huge job: keeping alive Latin America’s mammoth wetlands, known as the Pantanal.
LDC graduation to be celebrated March 22
Dhaka – Bangladesh has attained all the three graduation criteria to consider for graduation from the least-developed country (LDC) group to a developing one.
Tariffs and tech to tax G20 ministers in Argentina
Tariffs, tech and taxes will strain finance ministers from G20 countries at a meeting in Argentina next week overshadowed by the gathering clouds of a trade war. The two-day meeting in Buenos Aires, which starts Monday, comes at a particularly…
Improving the sustainability of development finance
by Ethiopis Tafara Washington, DC – To achieve the United Nations Sustainable Development Goals by 2030, trillions of dollars in state spending, investment, and aid will be needed annually. Although estimates vary widely, one UN report from 2014 suggests that…
PM calls for building prosperous country
DHAKA – Prime Minister Sheikh Hasina today urged the people to build a non-communal, hunger-poverty-free and happy-prosperous ‘Sonar Bangladesh’ as dreamt by the Father of the Nation.
Robert Reich On The Common Good
Dhaka,Mar 16-Robert Reich discusses his book, “The Common Good”, at a Politics and Prose event at Sixth and I historic synagogue in Washington, DC on 2/22/18. Robert B. Reich has been one of America’s leading political thinkers since he served…
Hosting Merkel, Macron gets chance to push EU business
Having finally secured her fourth term as Germany’s chancellor, Angela Merkel heads to France on Friday for talks with President Emmanuel Macron, who is eager to push ahead with EU overhauls. Macron has called for a major reform drive to…
Dhaka eyes 2000 megawatts power from renewables by 2020
Rafiqul Islam Azad Dhaka, March 16 – Bangladesh plans to generate 2,000-megawatt electricity from renewable energy sources by 2020 to ensure the future energy security of the county.
Consumer Rights Protection Day observed
Dhaka, Mar 15 – The Consumer Rights Protection Day was obsseved in Bangladesh with a renewed call to safeguard consumers and their rights against price manipulations and adulteration of food.
Asian markets extend losses as trade war fears return
Asian markets continued a global sell-off Thursday and the dollar weakened as trade war fears return to the fore, with worries Donald Trump will go full-steam ahead with his “America First” protectionist agenda. Investors are back on the ropes after…
The right question about inequality and growth
By Jason Furman The relationship between inequality and growth has become a hot topic for economists, with new research challenging the conventional view that greater inequality is the price that must be paid for higher output. But for policymakers, this…
‘Panama Papers’ law firm announces that it is closing down
Panama City, Mar 15 (AP/UNB) — The Panamanian law firm whose more than 11 million leaked documents known as the “Panama Papers” shed light on how the world’s wealthy exploit financial secrecy to hide assets says it is closing at…
Poultry farmers seek suitable business atmosphere in Rajshahi
The remaining marginal poultry farmers here are looking for fair price of the produced eggs and birds coupled with reasonable price of poultry feed, medicine and chicks for making their existing business sustainable. “We need at least congenial atmosphere to…
Four deals penned to foster Bangladesh-Singapore economic cooperation
Apex business organizations of Bangladesh and Singapore and government enterprises have signed four Memorandums of Understanding (MoUs) to foster their economic partnership in future.