Dhaka – Planning minister AHM Mustafa Kamal said 27 lac jobs will be generated in the current fiscal year (FY2016-17). “In every fiscal year, 20 lac new faces enter the job market. This time 6-7 lac jobs will be created…
Category: Economy
Police clearance certificate goes online
Dhaka – Home Minister Asaduzzaman Khan on Sunday said Bangladesh has moved one more step towards building digital Bangladesh with the inauguration of the online police clearance certificate service.
Over 51 lakh disadvantaged people get allowance
As many as 51,20,000 under privileged people are getting monthly allowance regularly as the present government has fixed a target to eradicate extreme poverty from the country by 2030.Poverty reduction is the core objective of the present government, which has…
Rangpur Chamber launches digitised automation
Rangpur Chamber of Commerce and Industry (RCCI) launched digitised automation system on Saturday afternoon for running its all activities ensuring complete transparency and accountability. RCCI President Abul Kashem formally launched the digitised ‘Chamber Management Software System’ with technical assistance of…
BB gets 66 proposals involving $403.63m for long term financing
Bangladesh Bank (BB) has already got 66 project proposals involving US$ 403.63 million through different private banks to facilitate long term financing under the World Bank funded Financial Sector Support Project (FSSP). “We have already approved 19 proposals with $90.26…
Number of products ‘enjoying duty-free access hits 10,677’
Dhaka- Commerce Minister Tofail Ahmed on Friday said the number of commodities enjoying duty-free access will reach 10,677 from the existing 4,648 following the latest Asia-Pacific Trade Agreement (Apta) negotiation.
Most Asia stocks up but Tokyo hit by Trump worries
Most Asian markets rose Thursday after a pick-up on Wall Street but Tokyo tumbled as investors were left deflated by a lack of economic detail from Donald Trump at his first post-election press conference. While traders had hoped the real…
Rangpur region eyes bumper winter vegetable production
Rangpur region eyes bumper winter vegetable productionA bumper production of winter vegetables is likely in all five districts under Rangpur agriculture region during the current 2016-2017 Rabi season, official sources said. The farmers have still been cultivating winter vegetables after…
Bankers asked to prevent money laundering
Senior bankers have urged their fellows to put in their best efforts to prevent money laundering and other malpractices in banks for the sake of uprooting various social crimes including terrorism and militancy. Terming the border-belt districts like Rajshahi and…
PM seeks people’s help to maintain dev pace
Prime Minister Sheikh Hasina on Monday urged all to extend their cooperation to maintain the present pace of development to turn Bangladesh into a middle income digital country by 2021 and a developed one by 2041..”I seek cooperation from all…
ICT audit vital to combating banking sector fraudulence
Promotion of information and communication technology (ICT) based audit could be the vital means of combating banking sector fraudulence. Large-scale application of ICT is also important towards making the banking transactions and other services transparent, time-fitting and client-friendly in the…
No shift from principal objectives, says new IBBL chairman
Dhaka, Jan 8 – Newly appointed chairman of Islami Bank Bangladesh Limited (IBBL) Arastoo Khan on Sunday said there will be no change the in principal objectives of the bank.
JS body wants jute bill to be placed in next JS session
Dhaka – The Parliamentary Standing Committee on Textile and Jute Ministry on Sunday recommended the government to place the Jute Bill 2016 in the parliament’s next session, scheduled to start from January 22.
Refrain from whimsical stock market investment: PM
Prime Minister Sheikh Hasina on Sunday stressed the need for making well-thought-out investment in the capital market and not to do anything whimsically based on rumours.“Financial literacy is essential to protect people from whimsical investment in the capital market,” she…
Refrain from whimsical stock market investment: PM
Dhaka – Prime Minister Sheikh Hasina on Sunday stressed the need for making well-thought-out investment in the capital market and not to do anything whimsically based on rumours. “Financial literacy is essential to protect people from whimsical investment in the…
Conservation agro-technologies increase crop production
Adoption of the conservation agriculture (CA)-based technologies has started increasing crop production at reduced costs bringing more profits to the farmers along with ensuring food security amid changing climate. “Adoption of CA-based technologies also improves environment, ecology, bio-diversity, soil health…
Sri Lanka tourism hits record $3.5 bn in 2016
Sri Lanka earned a record $3.5 billion from tourism in 2016, seven years after the end of a devastating civil war, a government minister said. But sources in the industry warned that the post-war boom could be short-lived as planned…
Islami Bank under new Chairman, Acting MD, new committees
Former secretary Arastoo Khan has been made chairman of the most profitable private bank in Bangladesh. Executive Committee Chairman Syed Ahsanul Alam Parvez has become a vice-chairman. Senior Deputy Managing Director Mahbubul Alam is acting managing director of the bank…
ACC chairman warns its officials against graft
Dhaka – Chairman of the Anti-Corruption Commission (ACC) Iqbal Mahmood on Thursday warned its officials that stern actions will be taken if any graft allegation is found against them.
BEZA okays four private Economic Zones
The governing council of the Bangladesh Economic Zones Authority (BEZA) today approved four private Economic Zones (EZ).The approval was given in the fifth meeting of the governing council of BEZA at Prime Minister’s Office (PMO) with Prime Minister and chairman…
Fruit bagging banana farming begins in Rajshahi
After mango and guava, fruit bagging banana farming has been started here for the first time in order to make the cash crop farming hygienic and profitable. In limited scale, Sujammel Haque and some of his neighbouring farmers of Birhasthail…
Four more private economic zones get approval
Dhaka – The government approved on Thursday four more private economic zones to expedite the country’s economic activity and create more employment opportunities. These private economic zones will be set up in Madaripur, Faridpur, Noakhali and Kishoreganj districts. The approval…
Tokyo shares start 2017 on higher note
Tokyo shares opened higher Wednesday on the first trading day of 2017, following gains on Wall Street driven by optimism about the US economy. The dollar’s gain also perked up sentiment. Troubled autoparts maker Takata jumped more than 17 percent…
Govt to spend Tk 585.88 cr on road infrastructure
The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved the procurement of equipment and machinery for repairing and maintenance and road infrastructure construction at an estimated cost of Tk 585.88 crore.The approval came from the 15th Ecnec…
Financing, skill development of women entrepreneurs stressed
An adequate financing along with necessary training for development of skill and expertise of the women entrepreneurs could further flourish their trade, business and enterprises in enhancing national economy. Leaders of Rangpur Women Chamber of Commerce and Industry (RWCCI) made…
Mexicans furious over fuel price hike
Mexicans are bracing to kickstart the New Year on a sour note, with protests planned against the government’s huge hike in gasoline prices. President Enrique Pena Nieto has promised that fuel prices will fall thanks to his landmark 2014 energy…
Ganges Barrage Project on which BD may seeks deal with India
Dhaka – The government is working to sign an agreement with India over the implementation of proposed Ganges Barrage Project which is expected to bring about massive socio-economic development in Bangladesh’s southwestern region. “We’re working in full swing over the…
India to provide additional 80 megawatt electricity to Nepal from January 1
India will supply an additional 80 megawatt of electricity from January 1, 2017 to Nepal, to minimize the energy crisis in the Himalayan nation, the Indian Embassy in Kathmandu said Friday. The Indian government’s decision to provide additional electricity to…
Jica to continue dev projects in BD despite Gulshan killings
Dhaka – Despite the killing of seven JICA officials in Gulshan attack in July 1, its chief as recommitted to continue development projects in Bangladesh. Out going JICA chief Mikio Hateda in a letter committed to remain and continue with…
Rio’s unpaid government workers line up for food
At the foot of a tall building in downtown Rio de Janeiro, government workers line up for donated groceries, unable to buy their own because their salaries have not been paid. Inside, on the 13th floor, a food bank set…