Miko from Berlin may only be five, but he already has 1,000 euros ($1,063) per month to live on—not from hard graft,but as part of an experiment into universal basic income. He is one of 85 people, including around 10…
Category: Economy
Financing for climate tech available from Green Climate Fund
Kuala Lumpur, 17 April (Hilary Chiew) – The current modalities of Green Climate Fund (GCF) is suitable to provide support for the financing of climate technologies, said a representative from the GCF’s Secretariat. Representing the GCF Secretariat at the 14th…
China producer prices jump 7.6% in March: govt
Prices for goods at the factory gate in China jumped in March, the government said Wednesday, in a positive sign of strengthening demand for the world’s second-largest economy. The producer price index (PPI) rose 7.6 percent year-on-year in March, according…
Trump signs law taking air at planned parenthood funding
President Trump signed legislation on Thursday aimed at cutting off federal funding to Planned Parenthood and other groups that perform abortions, a move cheered by conservatives who have clamored to impose curbs on reproductive rights. The measure nullifies a rule…
Climate funds for world’s poorest slow to materialise
By Lyndal Rowlands UN, Apr 14 (IPS) – Climate change is making poor countries poorer, yet funding meant to address its economic consequences has been slow to materialise. Instead funding bodies are choosing to invest in green energy projects in…
Caribbean pursues green growth despite uncertain times
By Desmond Brown Bridgetown, Barbados, Apr 14 (IPS) – Barbados and its Caribbean neighbours are continuing to press ahead with their climate change agenda and push the concept of renewable energy despite the new position taken by the United States.…
Country to move forward in new year: PM
Prime Minister Sheikh Hasina on Friday expressed her firm optimism that Bangladesh will continue its march forward in the new year. “Bangladesh will make further progress in Bangla Nababarsha by removing all the wastes and trashes of the past year,…
Economic recovery crucial to sustainable development
More than eight years after the global financial crisis exploded in late 2008, economic growth remains generally tepid, while ostensible recovery measures appear to have exacerbated income and other inequalities. Yet, despite the G-20 group of the world’s largest economies…
Job opportunities through enabling environment
GOVERNMENT is constantly working towards ensuring that employment opportunities are made available through an “enabling environment”. This was highlighted by the Attorney-General and Minister for Economy, Aiyaz Sayed-Khaiyum, at the 2017/2018 National Budget consultations for schools at the Vunimono Community…
Toshiba faces earnings deadline as delisting looms
Toshiba faced a looming deadline Tuesday to publish a long-overdue earnings report with the loss-hit industrial giant’s shares at risk of being yanked from the Tokyo stock exchange. One of Japan’s best-known firms, Toshiba may release unaudited nine-month results later…
4 strategies for leveraging the next global disruption
by Shane Cragun & Kate Sweetman We suggest the only constant going forward is change. We’re talking massive, disruptive, and tumultuous change. It is beginning to look like radical change will be THE absolute going forward in the 21st century.
South Europe leaders to seek stronger EU after Brexit shock
Leaders of southern EU nations will meet in Madrid on Monday in a show of unity and to back greater EU integration after Britain began the process of leaving the bloc. Spanish Prime Minister Mariano Rajoy and the leaders of…
Rajshahi economy based on education, ICT, health sectors: Liton
Rajshahi’s economic foundation is being built and enriched based on education, information and communication technology (ICT) and healthcare services, says AHM Khairuzzaman Liton. He mentioned there are two public universities, two private universities, a public medical college and three private…
Money migrants send home impact one-in-7 people
Perugia, 8 April – While migration issues draw political fire in Europe and beyond, the greater development benefit of the approximate half trillion US dollars that migrants send home each year to poor families and nations can’t be underestimated, according…
Excelsior Scholarship in NY budget to reduce student debt
New York – First-in-the-Nation Program Makes NYS Public Universities Tuition-Free for Families Making Up to $125,000 Per Year, Alleviating Crushing Burden of Student Debt and Placing More New Yorkers on Path to Financial Security.
JU Socialist Students Front protests Tuition fees hike bid
Savar, Dhaka – Denouncing govt’s bid to hike tuition fees, Samajtantrik Chhatra Front, Jahangirnagar University (JU) unit, brought out a procession here on the campus yesterday (Saturday).
Developing nations seek funding tech to battle climate change
The negative fallout from climate change has not only severely impacted on the world’s developing nations but also eroded development gains undermining and delaying the achievement of the 17goals under the 2030 Agenda for Sustainable Development. Climate-Summit-Social-Media“We are already taking…
What future? Seven big questions needing urgent response
By Baher Kamal Rone, Apr 6 (IPS) – Around the world, profound changes in the nature of work are underway, that’s clear. So it is a fact that the on-going transformations in the world of labour are disrupting the connection…
Conservation agri-tech reducing crop production costs
Adoption of the conservation agriculture (CA)-based technologies in farm activities has been reducing production costs increasing crop output along with conserving natural resources amid changing climate. Besides, adoption of the CA-based technologies along with mechanisation of agriculture has been improving…
Bangladesh improves in Human Development Index
Bangladesh has gained three spots on the Global Human Development Index (HDI) 2015 ranking, placing 139th out of 188 countries, according to the Human Development Report (HDR) 2016. HDR 2016 was officially launched at the Planning Commission in Dhaka on…
Farmers urged to grow export quality mango in Rajshahi
Agricultural experts and extension officials urged the farmers to produce export quality mango in the region including its vast Barind tract for earning more foreign currency. They mentioned need-based measures were taken to brining all the mango farmers under requisite…
Can the SDGs be financed?
By Anis Chowdhury and Jomo Kwame Sundaram Sydney and Kuala Lumpur, Mar (IPS) – Investment in the least developed countries (LDCs) will need to rise by at least 11 per cent annually through 2030, a little more than the 8.9…
Global productivity slowdown risks creating instability, warns IMF
The head of the International Monetary Fund has issued a stark warning that living standards will fall around the world unless governments take urgent action to increase productivity by investing in education, cutting red tape and incentivising research and development.…
Australia keeps rates on hold, warns on housing
Australia’s central bank held interest rates at a record low 1.50 percent for a seventh straight meeting Tuesday as it juggles a booming property market with mixed economic data. The Reserve Bank of Australia slashed rates 300 basis points between…
BD progress in population dev presented at UN session
Dhaka, Apr 4 – State Minister for Health and family Welfare Zahid Maleque has said Bangladesh is marching forward in population development by putting people’s empowerment at the heart of its national development agenda.
District budget for reducing regional disparity stressed
Speakers here underscored formulation of district budget for ensuring balanced development across the country. Development activists and members of the civil society at a discussion here viewed that formulation of people’s participatory national budget is important for reflecting the aspirations…
Ferrari F430 once owned by Trump sells for $270K
A 10-year-old bright red Ferrari that belonged to President Donald Trump went on the block Saturday and sold for $270,000, auctioneers said. “Similar versions of the model without the celebrity provenance traditionally bring between $125,000 – $175,000 depending on mileage,…
Ollo to invest $20m for 4G LTE rollout: CEO
Broadband Wireless Access (BWA) service operator Ollo plans to invest over US$ 20 million for 4G LTE (long term evaluation) network expansion in Bangladesh. “We would make immediate investment of US$ 5 million for LTE network expansion in Dhaka and…
Paris keen to support Dhaka in exploring blue economy
Dhaka – France wants to help Bangladesh by providing technical support to explore and exploit the potentiality of blue economy.
300 clients received banking services in open place
More than 300 clients in general received banking services like opening accounts and loan payment and receiving in open place here Wednesday. Greater Road Kazihata Branch of Rajshahi Krishi Unnayan Bank (RAKUB) organized the programme in its premises with the…