Economy

Prime Minister Sheikh Hasina on Thursday said hunger has already been eradicated from the country and vowed afresh to make a poverty-free Bangladesh. Read More »

Geneva, (Kanaga Raja) – Official development assistance (ODA) and blended finance alone are insufficient in both quantum and nature to enable the finance needed to achieve the Sustainable Development Goals (SDGs), according to the UN Conference on Trade and Development (UNCTAD). Read More »

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 much attention. Rather less remarked upon has been the ten-year anniversary of the eurozone crisis. It was in the autumn ... Read More »

The first-ever Bangladeshi Taka-denominated bond titled “Bangla Bond” will be listed on the London Stock Exchange (LSE) on Monday. Read More »

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 economist of World Bank, Bangladesh said. Read More »

by José Antonio Ocampo on 6th November 2019 An OECD proposal to reduce transnational tax evasion contains flaws which developing countries must challenge before it is set in stone. Read More »

Bangladesh has invited investment from the United Arab Emirates (UAE) in its industrial sectors, particularly four projects under the Bangladesh Chemical Industries Corporation (BCIC). Read More »

Dhaka, Nov 04 – Eti Akter from Kaliganj, Gazipur, won the contest of ‘SAPNA Ma Sera Dosh’. The first runner up is Fatema Akter from Lakshmipur Sadar and the second runner up is Razia Begum from Ramgoti. Special recognition for SAPNA Ma went to Nandita Mondol. Read More »

Dhaka, Oct 27 (UNB) – The preliminary report of the sixth agricultural census 2019 on Sunday revealed that 11.33 percent of the households do not possess any land. Read More »

Dhaka, Oct 26 (UNB)- Urging the government to save the poultry sector of the country, feed industries owners on Saturday demanded the withdrawal of five percent advanced tax on import of raw materials of poultry and fish feed. Read More »

Many of the 200 Bangladeshi workers forcibly sent back from Saudi Arabia on Friday night said they were deported despite having legal documents. Read More »

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 fronts. Read More »

Beijing, Oct 26 (Xinhua/UNB) — The China Innovation Index, the barometer of the country’s innovation capability, rose at a faster pace in 2018, official data showed. Read More »

Paris, Oct 25 (AP/UNB) — France’s finance minister says pledges to replenish an international fund meant to help poor nations tackle climate change will reach nearly 10 billion euros ($11 billion). Read More »

– Jayant Menon 23 September 2019 If the industrial revolution leads to greater efforts to reskill and reshape the workforce to better adapt to change, then this is exactly what is required, and there is no overdoing it. Read More »

Dhaka, Oct 21 (UNB) – Bangladesh has signed an Agreement on Labour Cooperation (ALC) with the Seychelles, opening the way for manpower export to resume to the Indian Ocean archipelago nation off the east coast of Africa. Read More »

By Bertrand Badré and Antoine Sire Paris – Four years after world leaders signed the Paris climate agreement and adopted the United Nations’ 2030 Agenda with its 17 Sustainable Development Goals (SDGs), the global environmental crisis shows every sign of worsening. Polar ice and glaciers are melting at an accelerating rate. Read More »

by Lorena Lombardozzi and Neil Warner on 21st October 2019 @floretta_voice A genuinely social Europe must have economic democracy rather than rely only on market mechanisms. Read More »

October 21, 2019 SANDRP – With work on NHPC Ltd’s 2,000-MW Lower Subansiri hydro power project restarting after a wait of almost eight years, anti-dam organisations led by the All Assam Students’ Union (AASU) and Krishak Mukti Sangram Samiti (KMSS) vowed to launch an intense resistance movement to stop further construction of the project. AASU, in a statement, alleged that ... Read More »

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. Read More »

Milan, Oct 17 (AP/UNB) — European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. Read More »

Bogura, Oct 15 (UNB) – Hundreds of people gathered along the bank of the Karatoa River adjacent to Chelopara Bridge in the town on Monday night after a news spread that money is floating in the river. Read More »

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.” Read More »

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. Read More »

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. Read More »

ঢাকা থেকে ভাঙ্গা পর্যন্ত পদ্মা সেতু রেল সংযোগ নির্মানে ক্ষতিগ্রস্ত ছয় জেলার ৭৭০০ জনের মধ্যে ৩০৪১ জনকে পুনর্বাসন কার্যক্রমের আওতায় ইতোমধ্যে অতিরিক্ত অনুদান হিসাবে ৭৭ কোটি ৬৯ লক্ষ ৫০ হাজার টাকা প্রদান করা হয়েছে। বাকী ক্ষতিগ্রস্তদের সহায়তাও প্রক্রিয়াধীন রয়েছে। Read More »

New Delhi, Oct. 12 (Xinhua/unb) — With its rapidly growing economy and geographical advantages, India is now becoming an important destination for Chinese investors going global. Read More »

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 national budget was 8.2 per cent. Read More »

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 than done. Read More »

Alexey Likhachev, Director General of Russia’s state nuclear energy corporation-ROSATOM emphasized on maximum harnessing the potential of nuclear technologies in order to implement the decisions of the Paris Agreement on Climate Change and achieve sustainable development goals. He was addressing the plenary session of the 63rd Annual General Conference of the International Atomic Energy Agency (IAEA) concluded in Vienna recently. ... Read More »