Finance minister Abul Mal Abdul Muhith on Sunday said the ministry will take actions against the Bangladesh Bank for not informing the government about the $101 million cyber heist.”The central bank has showed audacity as it didn’t timely inform the…
Nick Ishmael Perkins Science and technology underpin the Sustainable Development Goals (SDGs), and without a pragmatic approach to fostering research and implementing new technologies, the goals will remain aspirations.
As the country is already facing adverse impact of climate change, Bangladesh Delta Plan should be prepared incorporating science-based knowledge and authentic data to ensure sustainable development, water and development experts told a roundtable here today.
By VICE News China now has more billionaires than the United States, according to a new global rich list, and Beijing has overtaken New York as the billionaire capital of the world. Hurun, a firm which tracks wealth in China…
This week, Saudi oil minister Ali Al-Naimi will for the first time face the victims of his decision to keep oil pumps flowing despite a global glut: US shale oil producers struggling to survive the worst price crash in years.While…
By Jon Kofas In so far as capital markets predict economic trends, the downturn in global markets during December 2015-January 2016 indicate the kind of contraction that IMF economists are also predicting after revising earlier estimate downward for GDP of…
Rome – Development leaders, heads of state and government representatives gathered for the opening of the 39th Session of the Governing Council of the International Fund for Agricultural Development (IFAD) to explore ways of boosting investments in smallholder agriculture that…
Shamshad Akhtar As governments embark on the 2030 Agenda for Sustainable Development, the first thing they must do is identify and plug gaps in data availability and quality, says UN ESCAP Under-Secretary-General Shamshad Akhtar. 2016 marks the start of the…
Muhammad Yunus Victory of the People Outcome of Cop 21 got me thrilled and inspired. After 40 years of battle between believers and non-believers finally believers won. They persuaded everyone that the world is in real danger, and we must…
Dr. Sadiq deserves credit for bringing out such a timely book, which not only celebrates the progress we have made so far but also alerts us to what to focus on in the coming years. Dr. Alamgir and Dr. Mujeri…
Dhaka – The South Asian Speakers in a summit here on Saturday stressed joint efforts and sharing best practices to successfully implement the Sustainable Development Goals (SDGs) giving an improved life and better future for people in the region. They…
Geneva (Kanaga Raja) — Global flows of Foreign Direct Investment (FDI) jumped by 36% in 2015, reaching an estimated US$1.7 trillion, with the principal factor behind the global rebound being a surge in FDI targeting the developed economies, the United…
Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy throughout 2016 and beyond. This was the consensus of panellists at the World Economic Forum Annual…
Nobel Laureate Professor Muhammad Yunus was invited by the Union Finance Minister of India Arun Jaitley for a one-on-one meeting in Davos on Thursday 21 January during the World Economic Forum.
The world’s richest 62 people now own as much wealth as half of the world’s population, according to a report by the charity Oxfam. Super-rich individuals saw an increase of 44 percent since 2010, taking their cumulative wealth to $1.76…
Dhaka – Simon Maxwell, a leading thinker on international development on Saturday stressed the need for visionary leadership, appropriate policies and their implementation by enlisting the participation of all to make development climate compatible. Delivering the anniversary lecture 2015 of…
Dr. Atiur Rahman In the evolution of sustainable development, three mutually reinforced pillars have been the key- people, planet and profit. In light of 2030 SDGs, 3P’s have been upgraded to 5P’s- People, Planet, Prosperity, Peace, and Partnership. All countries…
Joynal Abedin There is no denying the truth that we are living in a capitalist world which has almost become a global system in the globalised world. Capitalism, no doubt, is a dominant ideology ruling the world, following the collapse…
The European Union grants EUR 118 million (11 Crore 80 Lac Taka) for Civil Society Participation in Decision Making, Food and Nutrition Security, and Skills Development in Bangladesh The EU Development Cooperation Multiannual Indicative Programme (MIP) 2014-2020 aims at assisting…
If petroleum price is cut by 10 percent, the country’s GDP will go up by 0.3 percent, estimates the Centre for Policy Dialogue (CPD), a civil society think tank.
STAFF REPORTER The special taskforce of Dhaka Power Distribution Company Limited on Sunday had unearthed massive electricity theft and tax evasion during a drive in a 24 storied and 18 storied twin tower building named ‘Tokyo Plaza’ in Narayanganj.
Jatinder Kaur New Delhi (ABC Live): 2030 Agenda for Sustainable Development : Avoid Temptation to Fall into ‘Declarationist Nominalism’ Pope Francis, Joined Other World Leaders in Hailing Post-2015 Framework. Climate change, environmental issues, the migrant and refugee crisis, and the…
By Samuel Oakford Projecting a record budget deficit of $98 billion in 2015, Saudi Arabia announced a decrease in fuel subsidies on Monday and said it could sell off state assets in the future as the kingdom struggles with plunging…
Bangladesh Bank (BB) signed separate agreements with six private banks on Wednesday, the 23rd of December, 2015 to facilitate long-term financing under the World Bank funded Financial Sector Support Project (FSSP) at the Bangladesh Bank Head Office premise.
Alessandro Galli Oakland – For the past decade, much attention has been paid to Greece’s public finances. And when, in November, the country faced the first review of its reform progress under its latest agreement with its creditors – an…
Brussels – As global humanitarian needs are set to reach a historic high in 2016, the European Commission is stepping up its humanitarian budget to record levels. The European Commission on Thursday adopted its humanitarian aid budget for 2016. With…
The government has gazetted the new pay scale for public servants, dissolving selection grade and timescale. In September this year, the new pay scale was approved with a highest basic pay of Tk 78,000 and a minimum of Tk 8,250.…
SUPRO, in collaboration with the Oxfam and the “Capacity for Research and Advocacy for Fair Taxation (CRAFT)” consortium recently conducted a study on ‘Fair Tax Monitor Bangladesh’ in line with two African countries: Senegal and Uganda with the objectives to…
Dhaka – World Bank chief economist Dr. Kaushik Basu on Sunday said that the economic growth of Bangladesh in 2015 will be 6.5 percent and this growth will reach 6.7 percent in 2016 when Chinese growth will be in the…
Aachen/Berlin/Bonn/New York – For the last few decades, increasing globalization of the world economy and waves of deregulation and privatization have facilitated the emergence and increased the power of private actors, particularly of large transnational corporations. However, it is not…