by Liina Carr on 16th December 2019 @liina_carr The principle of ‘sustainability first’ should become the golden thread unifying all EU actions. While recent Fridays for Future and Extinction Rebellion actions have heightened the focus on climate change, sustainability is…
Manila, Philippines (12 December 2019) — The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down…
Dhaka, Nov 16 – Islami Bank Bangladesh Limited has been awarded as the highest taxpayer in the banking sector in the 2018-2019 tax year.
Italy won’t back down from its plans to introduce a web tax, Deputy Minister of Economy Antonio Misiani said on Friday, despite complaints from the United States that the levy would unfairly target U.S. companies.
by Adam Tooze on 12th November 2019 Adam Tooze dissects how the macroeconomic policy discourse is disabling necessary German, and European, steps forward. The autumn of 2019 is a moment of anniversaries. The 30th anniversary of German unification has garnered…
Dhaka, Nov 06 – If a universal pension scheme is launched once, it is very difficult to reform or to revise it. So, the government should be very careful about its contents before introducing the scheme, Dr Zahid Hussain, lead…
Bangladesh has invited investment from the United Arab Emirates (UAE) in its industrial sectors, particularly four projects under the Bangladesh Chemical Industries Corporation (BCIC).
by Albena Azmanova on 30th October 2019 @AAzmanova Why does environmental promise always fall short in practice? A new answer to the social question can bridge the gap.
By Emma Navarro Oslo – The Earth’s oceans face many threats, none of which have quick fixes. Still, the solutions are known, and with a sufficiently broad coalition of partners, we can get the ball rolling on a number of…
21 October 2019 – Commonwealth finance ministers have recognised the potential of technology to improve debt transparency while urging closer collaboration to resolve tax challenges arising from growing digital commerce.
Kashmir’s apple orchards, a backbone of the economy that supports nearly half the people living there, are deserted with fruit rotting on the trees at a time when they should be bustling with harvesters.
Stockholm, Oct 14 (AP/UNB) — The 2019 Nobel Prize in Economic Sciences has been awarded Monday to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.”
Known as the “roof of the world,” Tibet Autonomous Region is known for its picturesque plateau landscapes and splendid ethnic cultures. It is also one of the main grounds in China’s nationwide campaign against poverty.
Dhaka, Oct 13 – Bangladesh has been ranked as the second fastest-growing economy in South Asia after Bhutan in the latest World Bank report on the economic situation.
Dhaka, Oct 10 – The World Bank has forecast over 7.2% Gross Domestic Product (GDP) growth for the current fiscal year (FY2019-20) of Bangladesh, driven by manufacturing and domestic demands, while government’s projection for the same fiscal year in the…
By Ben Phillips Mexico City, Oct 9 2019 (IPS) – Last month 195 world leaders once again met in New York for big speeches and grand events. But on inequality, when all is said and done, more has been said…
By Jannick Damgaard, Thomas Elkjaer and Niels Johannesen Washington DC, Oct 3 2019 (IPS) – According to official statistics, Luxembourg, a country of 600,000 people, hosts as much foreign direct investment (FDI) as the United States and much more than…
Dhaka – Mentioning that the remittance inflow has significantly gone up since the announcement of 2 percent incentive, Finance Minister AHM Mustafa Kamal hoped that the annual remittance inflow will reach $18-20 billion within the current fiscal year.
Dhaka, Sept 27 (UNB) – Stressing the importance of farm mechanisation to boost outputs and save farmers from losses, Agriculture Minister Muhammad Abdur Razzaque has said farmers will be provided with agricultural machinery.
By Rafayil Abbasov Reforming state-owned enterprises can be an extraordinarily complex activity but it is underpinned by a single clear goal.
Dhaka, Sept 25 (UNB) – The Asian Development Bank (ADB) on Wednesday projected 8 percent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asia and the Pacific.
Dhaka, Sept 17 – Finance Minister AHM Mustafa Kamal on Tuesday said punitive actions will be taken against anyone involved in defaulting loans.
Dhaka, Sept 9 – Export earnings in the second month (August) of the current financial year 2019-20 fell by 11.49 per cent to $2.84 billion from $3.21 billion in the same month of the last fiscal, due to lower shipments…
by John Weeks on 9th September 2019 @johnweeks41 Some orthodox economists predicted fiscal austerity would build confidence and so foster recovery. Yet at the end of the lost eurozone decade recession looms once more.
Dhaka, Sept 6 – The BNP on Friday accused the Awami League government of depleting the economy through ‘widespread plundering’.
Dhaka, Sept 05 – Bangladesh has a huge potential for harvesting blue economy but still it is in the nascent stage because of the shortage of technical know-how, lack of policy and entrepreneurs to invest in this sector.
04 September 2019, Kathmandu – South Asian countries have failed to make the use of economic growth in the region to improve the lives of the poor and marginalized people of the community, mostly women, girls and marginalised communities and…
by Michael Dauderstädt on 3rd September 2019 Most discussion of inequality in Europe is confined to individual member states. Aggregating incomes across the EU, however, presents a sobering picture. How unequal is the distribution of income within the European Union?…
By Jewel Fraser Saint Augustine, Trinidad and Tobago, Sep 3 2019 (IPS) – Micro, small and medium enterprises as well as niche markets and experiences such as bee tourism may well hold the key for the Organisation of Eastern Caribbean…
Dhaka, Aug 7 – Finance Minister AHM Mustafa Kamal has expressed the hope that the remittance inflow will reach $20 billion in the current fiscal year from $16.42 billion in 2018-19FY following the 2 percent incentives announced by the government…