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  • Page 7

Category: Economy

Re-excavation works of four canals on in Rajshahi

July 8, 2020July 8, 2020 sub EditorBangladesh, Development

Rajshahi, July 8: The four canals re-excavation works are progressing fast, expecting to get more cultivable land around canals’ both sides by stopping existing water logging problem after completion of works which can help increase production in the region, sources…

Bangladesh, Development, four canals, Rajshahi, Re-excavation, works

Kerala High Court asks for govt response on wage theft

July 8, 2020 editorEmployment, Migration

Rejimon Kuttappan The Lede first reported in early June that Indian workers in Gulf are subjected to wage theft The Kerala High Court has instructed the Ministry of External Affairs, Ministry of Home Affairs, Ministry of Labour, Kerala government and…

asks for, Employment, govt response, Kerala High Court, Migration, on, wage theft

Courtesy of Corona

July 8, 2020 editorColumns, Economy, Health

M ZAHIDUL HAQUE BY the courtesy of Corona, drastic changes have taken place in occupational, societal and human relations disciplines. COVID-19 pandemic has changed human behaviour and the pattern of human interaction. Social and organizational communications are getting more and…

corona, Courtesy, economy, health, of, Opinion

Grameen Yemen launches microcredit, Social Business in Yemen

July 7, 2020 Lutfun NaharEconomy, Int’l relations

Grameen Yemen has started microcredit and social business in Yemen disbursing its first micro loans recently.

economy, Grameen Yemen, Int'l relations, launch, microcredit, Social Business, Yemen

Ecnec approves Tk 2,744 cr for 9 projects

July 6, 2020July 6, 2020 sub EditorBangladesh, Finance

Dhaka, July 6: The Executive Committee of the National Economic Council (Ecnec) today approved a total of nine projects involving an overall estimated cost of Taka 2,744.44 crore including one for dredging Dhepa and Gorveswari River with Taka 327.27 crore.

9 projects, approves, Bangladesh, Ecnec, finance, for, Tk 2744 cr

Move to gear up revenue mobilization in Bangladesh

July 4, 2020 editorBangladesh, Lead News, Tax

The government has planned a series of programmes to enter a new era of taxation from 2020-21 FY in the run-up to achieving Vision 2041 and reaching the Sustainable Development Goals 2030.

Bangladesh, in, mobilization, move, revenue, Tax, to gear up

NGOS want emergency Rohingya response fund terms revised

July 1, 2020 Lutfun NaharBangladesh, Finance, Migration

CCNF, a network of more than 50 local and national NGOs working in Cox’s Bazar, urged the UN Resident Coordinator (UNRC) to revise the allocation application’s conditions of $4 million CERF/emergency coronavirus fund so that local NGOs can participate in…

Bangladesh, emergency Rohingya response, finance, Fund, Migration, NGOs, revised

Economic ties to enter ‘significant new stage’- China envoy

June 30, 2020June 30, 2020 editorDiplomacy, Economy

Dhaka, June 30 – With annual GDP growth of more than 6 percent for many years, Bangladesh will remain one of the most dynamic economies in South Asia and the world, says China. Bangladesh can benefit hugely from the vast…

‘significant new stage’, China envoy, diplomacy, Economic ties, economy, to enter

Bangladesh adopts Taka 5.68 trillion budget for 2020-21

June 30, 2020June 30, 2020 sub EditorBangladesh, Budget, Lead News

Dhaka, June 30: The Jatiya Sangsad (Parliament) Tuesday passed the Taka 5.68 trillion national budget for the next fiscal year (2020-21) with a target of attaining 8.2 percent GDP growth through continuing the momentum of the economy with all required…

Bangladesh, Budget, JS, Lead news, passes, Tk 5.68 lakh crore

PM expresses govt. determination in implementing budget

June 29, 2020June 29, 2020 sub EditorBangladesh, Budget, Lead News

Dhaka, June 29: Prime Minister Sheikh Hasina Monday said her government was determined to implement the national budget for the coming 2020-21 fiscal despite the coronavirus hurdles as many analysts feared it could be a tough job because of continued…

Bangladesh, Budget, determination, expresses, implementing, PM

Consumer habits shaped by pandemic, set to stay: Mastercard

June 29, 2020 editorFinance, Health

Dhaka, June 29 – The way we shop is changing and how we pay is evolving. As COVID-19 alters our daily lives, consumers in Asia Pacific are rapidly going digital with purchases of everything from groceries to movies in a…

by pandemic, Consumer habits, finance, health, Mastercard, set to stay, shaped

What will power the post-pandemic global economic recovery?

June 27, 2020 editorclimate, Economy

27 June 2020 – As governments try to kick-start their economies, the UN is calling for recovery plans to be built around low-carbon technologies, to avoid a return to fossil fuel-based business as usual.

Climate change, economic recovery?, Global, Post-Pandemic, What, will power

Mobile payments help people during the pandemic

June 27, 2020 editorColumns, Finance

By Sonja Davidovic, Delphine Prady and Herve Tourpe Jun 22 2020 (IPS) – The practical challenge of quickly getting financial support in the hands of people who lost jobs amid the COVID-19 economic crisis has baffled advanced and developing economies…

during, economy, help people, Mobile, pandemic, payments

Job creation, inclusive growth must in recovery strategy

June 26, 2020 Lutfun NaharBangladesh, Economy, Lead News

Amid the growing impact of COVID-19 on the country, a recent study says job creation and inclusive growth must be the centerpiece of the recovery strategy.

Bangladesh, economy, inclusive growth, job creation, Lead news, recovery strategy

13pc people lost jobs in BD due Covid-19 pandemic: BIDS

June 25, 2020 Lutfun NaharBangladesh, Employment, Lead News

About 13 percent people have become unemployed in the country due to Covid-19 pandemic, according to a survey of Bangladesh Institute of Development Studies (BIDS).

13pc people lost jobs, Bangladesh, bids, Covid-19 pandemic, Employment, Lead news

IMF projects deeper recession, slower recovery

June 25, 2020 editorEconomy, Lead News

It revises down 2020 global economy forecast to contraction of 4.9 pct Dhaka, Xinhua/UNB, June 25 – The International Monetary Fund downgraded its outlook for the coronavirus-hit global economy, projecting a significantly deeper recession and slower recovery than it anticipated…

deeper recession, economy, IMF, projects, Recovery, slower

BD forex reserve crosses $35 billion mark for the first time

June 24, 2020 editorBangladesh, Economy, Lead News

Dhaka, June 24 – The foreign exchange reserve of the country has crossed $35 billion mark for the first time.

$35 billion mark, Bangladesh, BD, crosses, economy, for, forex reserve, the first time

WB approves $500m to help Bangladesh’s road connectivity

June 24, 2020June 24, 2020 sub EditorBangladesh, Finance

The World Bank has approved $500 million to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts.

$500m, approves, Bangladesh, Bangladesh’s road, connectivity, finance, help, WB

Trump targets foreign workers with new visa freeze

June 23, 2020 editorEmployment, Migration, World News

US President Donald Trump has extended a pause on some green cards and suspended visas for other foreign workers until the end of 2020. High-skilled tech workers, non-agricultural seasonal helpers, au pairs and top executives will be affected.

Employment, Migration, new visa freeze, targets foreign workers, Trump, with

Sustainable Development Starts with Children

June 20, 2020June 20, 2020 editorDevelopment, Environment, Op-Ed

By Helen Clark NEW YORK – “Our house is on fire,” warned the teenage climate activist Greta Thunberg at last year’s World Economic Forum meeting in Davos. Her pointed words – accusing adults of sitting idly by as the planet…

children, Developmen, Environment, Opinion, Sustainable, t Starts, with

Reimagining the Office

June 20, 2020 editorColumns, Employment, Health

By Carlo Ratti BOSTON – Last month, Twitter CEO Jack Dorsey announced that the company would allow its employees, currently working from home in accordance with social-distancing protocols, to stay there for good. Several other big businesses – from Facebook…

health, Reimagining, the Office, work

The Moment When America Fell Behind

June 20, 2020 editorColumns, Economy

By Jules Kortenhorst DENVER – As governments around the world adopt policies to address the immediate economic fallout of COVID-19, they are making decisions that will also determine their countries’ competitiveness for decades to come. If designed correctly, stimulus and…

America, Fell Behind, hate, Opinion, The Moment, when

Adopt SDG model for post-Covid reconstruction plan: CPD

June 18, 2020 Lutfun NaharBangladesh, Economy

Speakers at a webinar on Thursday suggested the government adopt the underlying structure of the UN’s Sustainable Development Goals (SDGs) for designing the national reconstruction plan in the aftermath of the devastation caused by COVID-19 to most sectors.

Adopt SDG model, Bangladesh, CPD, economy, post-Covid reconstruction plan

Covid-19 And Migrant Workers: The great wage robbery

June 18, 2020 editorEmployment, Migration

“Gulf countries are highly dependent on migrant workers in almost every major sector…and yet they have utterly failed to protect migrant workers, and treat them with the dignity and respect they deserve”—these words were spoken by a representative of Amnesty…

and, Covid-19, Employment, Migrant workers, Migration, The great, wage robbery

Call remittance services essential during crisis time: IFAD

June 16, 2020 editorFinance, Int’l relations

Rome, 16 June 2020 – With the significant decline in money sent home by migrants due to the impacts of the COVID-19 pandemic, the United Nations’ International Fund for Agricultural Development (IFAD) today called for governments across the world to…

call, crisis time, during, essential, finance, IFAD, remittance services

Supplementary budget of Tk 465 billion for 2019-20 FY

June 15, 2020June 15, 2020 Lutfun NaharBangladesh, Economy

Parliament on Monday passed the supplementary budget of Tk 46,516.11 crore for the fiscal 2019-20 to meet the increased expenditures under different ministries and divisions.

2019-20 FY, Bangladesh, economy, Supplementary budget, Tk 465 billion

BCI wants more allocation for rural economic sectors

June 13, 2020 Lutfun NaharBangladesh, Budget

Bangladesh Chamber of Industries (BCI) has urged the government to divert fund from transport and communication sectors to those which will play roles to revive the rural economy.

Bangladesh, BCI, Budget, more allocation, rural economic sectors

Budget not implementable, to cause public sufferings: BNP

June 12, 2020June 12, 2020 Lutfun NaharBangladesh, Budget, Politics

Describing the proposed national budget for the 2020-21 fiscal year as an “imaginary, blunt and unimplementable” one, BNP on Friday said it will only inflict further sufferings on people at this time of coronavirus pandemic.

Bangladesh, BNP, Budget, implementable, politics, public sufferings

Budget lacks imagination, sense of direction: Reza Kibria

June 12, 2020 Lutfun NaharBangladesh, Budget, Politics

The proposed budget for the 2020-21 fiscal “represents an unimaginative response to an economic crisis that calls for boldness and creativity”, according to Dr Reza Kibria, general secretary of Gono Forum.

Bangladesh, Budget, lacks imagination, politics, Reza Kibria, sense of direction

Budget implementation big challenge for govt: Economists

June 12, 2020 Lutfun NaharBangladesh, Economy, Lead News

Economists say implementation of the ‘loan dependant’ budget for 2020-21 fiscal year will be a big challenge for the government as the collection of revenue has shrunk amid the coronavirus pandemic.

Bangladesh, big challenge, Budget implementation, economists, economy, Govt, Lead news

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