Wednesday , January 22 2020
Home / Business (page 10)


Progress of financial inclusion in BD exciting: Queen Maxima

It can accelerate progress, empower women, she says Dhaka, July 10 – UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA) Queen Maxima on Wednesday said financial inclusion can empower women and accelerate Bangladesh’s progress and noted significant progress made so far in the country. “Financial inclusion has increased from 31 percent in 2014 to 50 percent in 2017 ... Read More »

Rohingya: Cox’s Bazar ecological balance at stake: Hasina

PM seeks global solution to climate change Dhaka, July 10 – Prime Minister Sheikh Hasina on Wednesday said the environmental balance of Cox’s Bazar is under threat as settlements are being established there for Rohingyas clearing hills and forests. “For this (Rohingya presence), the natural equilibrium is being destabilised in that area… settlements are being established in the area clearing ... Read More »

Rickshaws to ply on fixed lanes and by-lanes: Mayor Atiq

Dhaka, July 10 – Dhaka North City Corporation (DNCC) Mayor Atiqul Islam said QR code will be set up in registered legal rickshaws to identify illegal ones. He also announced that except on lanes for non-mechanical transport or by lanes, no rickshaw can ply on three main roads, where rickshaws have been banned. The mayor disclosed this while addressing a ... Read More »

Fake voices ‘help cyber-crooks steal cash’

Dhaka, Jul 10 (UNB) – A security firm says deepfaked audio is being used to steal millions of pounds, reports the BBC. Symantec said it had seen three cases of seemingly deepfaked audio of different chief executives used to trick senior financial controllers into transferring cash. Deepfakes use artificial intelligence to create convincing fake footage. The AI system could be ... Read More »

E-com rules promoted in name of women’s economic empowerment

Geneva, Jul (Kinda Mohamadieh) – Women in digital trade was the subject of a workshop convened at the World Trade Organization on 1 July. The day-long workshop was co-convened by the European Union, Trinidad and Tobago and Senegal, the fifth since the release of the Joint Declaration on Trade and Women’s Economic Empowerment at the WTO Ministerial Conference in Buenos ... Read More »

Sustainable development needs fundamental governance changes

New York, 8 July 2019: “The world is off-track to achieve the Sustainable Development Goals (SDGs). Most governments have failed to turn the transformational vision of the 2030 Agenda into real transformational policies. Even worse, xenophobia and authoritarianism are on the rise in a growing number of countries.” “The implementation of the 2030 Agenda is not just a matter of ... Read More »

BD Tannery workers demand environment-friendly industry

Dhaka, July 9 (UNB) — Leather industry workers on Tuesday urged the government to build an environment-friendly industry and ensure their rights. “Savar Tannery Estate should be built as modern and environment-friendly. Tanneries are polluting surrounding areas and the environment isn’t safe for the workers,” Tannery Workers Union President Abul Kalam Azad told a press conference at Jatiya Press Club. ... Read More »

Rickshawalas block Dhaka City road protesting rickshaw ban

Dhaka, July 9 (UNB) – Rickshaw-pullers blocked roads in different areas of the city on Tuesday morning protesting the decision banning the plying of rickshaws on three major thoroughfares of the capital, including the Kuril-Sayedabad one. Abdul Kuddus Fakir, officer-in-charge of Rampura Police Station, said several hundred rickshaw-pullers took to the street and put barricades on both carriageways in front ... Read More »

Steps taken to make Bangladesh capital market vibrant: PM

Dhaka, Jul 8 – Prime Minister Sheikh Hasina on Monday said her government has taken various steps to ensure a vibrant capital market that will supplement its efforts to make Bangladesh a developed country by the year 2041. “Various measures are being taken to protect the interests of investors which will ensure a conducive environment for a vibrant capital market,” ... Read More »

SC stays HC bar on BB’s special concession to loan defaulters

Dhaka, July 08 – The Appellate Division of the Supreme Court (SC) yesterday stayed for two months a High Court order that imposed a status-quo on a Bangladesh Bank circular that had allowed special concession for loan defaulters by rescheduling their loans with a repayment period of up to 10 years. “Stay for two months,” the four-member Appellate Division bench ... Read More »

Russia celebrates the 65th year of world’s first commercial nuke power plant

Russia celebrated the 65th anniversary of the world’s first nuclear power plant, which was connected to grid for commercial purpose. On June 27, 1954, Obninsk Nuclear Power Plant with just 5 MW capacity was commissioned by the then Soviet Union in the city of Obninsk, approximately hundred kilometers southwest of Moscow. The plant operated successfully for almost five decades until ... Read More »

World is off track in its education commitments for 2030

Almost a third of the way to the 2030 deadline for the Sustainable Development Goals, new UNESCO projections prepared for the UN High-level Political Forum show that the world will fail its education commitments without a rapid acceleration of progress. In 2030, when all children should be in school, one in six aged 6-17 will still be excluded. Many children ... Read More »

Gas tariff hike ‘ill-motivated’, says BNP

Dhaka, July 5 (UNB) – BNP on Friday alleged that the government has raised the gas tariff unfairly only to facilitate those ruling party leaders and businessmen who import Liquefied Natural Gas (LNG). “The only reason behind the gas price hike is to create a scope for making quick buck by their (govt’s) people who import LNG,” said BNP secretary ... Read More »

Gonoforum extends support to LDA’s hartal

Dhaka, July 4 – Gonoforum on Thursday extended its support to the Left Democratic Alliance’s (LDA’s) half-day hartal to be enforced across the country on July 7 protesting the gas tariff hike. The decision was taken at a meeting of the party’s presidium members, said a press release. Besides, the party announced some action programmes to register its protest against ... Read More »

Dhaka, Beijing sign nine instruments – five on power development

Beijing, Jul 4 – Bangladesh and China on Thursday signed nine instruments for further strengthening cooperation on power, water resources, culture and tourism sectors as well as providing 2,500 metric tonnes of rice for the displaced Rohingyas. The instruments, including two loan deals, were signed in presence of Bangladesh Prime Minister Sheikh Hasina and Chinese Prime Minister Li Keqiang after ... Read More »

German-BD bid to develop Small and Medium Enterprise sector

Monowara Begum Moni Friedrich Ebert Stiftung Germany has organized with its Dhaka, Bangladesh, Branch an education program for Small and Medium Enterprise SME, on 1. July 2019 in Stuttgart. Mr Habiullah Mahmud Additional Secretary of Ministry of Industries who was invited to the programme stressed that Bangladesh is now a Role Model for many other countries in case of Development. ... Read More »

Dhaka-Benapole direct train for cross-border traffic: Minister

Benapole, July 3 (UNB) – Good news for cross-border travellers! A direct train service from Dhaka to Benapole will be launched on July 25 next, which will facilitate the travel of India-bound people through Benapole Checkpost, said Railways Minister Md Nurul Islam Sujan. “Prime Minister Sheikh Hasina will inaugurate the train service from Dhaka through a videoconference,” the minister said ... Read More »

Rickshaw movement on 3 Dhaka City roads banned from July 7

Dhaka, July 3 (UNB) – Dhaka South City Corporation Mayor Sayeed Khokon on Wednesday said the movement of rickshaws on three major roads in the capital will be restricted from July 7. The three roads are Kuril to Saydabad via Rampura, Gabtoli to Azimpur via Asadgate and Science Laboratory intersection to Shahbagh. The decision was taken at a meeting of ... Read More »

4 killed in BD spinning mill fire at Gazipur

Gazipur, July 3 – Three more bodies were pulled out of the wreckage of a spinning mill in Sreepur Upazila’s Faridpur on Wednesday, taking the death toll to four. Two of the deceased were identified as Shahjalal Mia and Anwar. Mohammad Aktaruzzaman, deputy director of Gazipur Fire Service Control room, said firefighters recovered the charred bodies of three more people ... Read More »

Trade truce euphoria eases and markets tread water

London, July 2 (AP/UNB) — Global stock markets traded in fairly narrow ranges Tuesday as investors moved on from the latest truce in the costly US-Chinese trade war. Investors were encouraged Monday by the agreement between Presidents Donald Trump and Xi Jinping of China at a weekend meeting of the Group of 20 major economies to resume trade negotiations. Forecasters ... Read More »

Chamber Judge halts HC stay on BB privileges for defaulters

Dhaka, Jul 2 (UNB) – The Chamber Judge on Tuesday stayed a High Court order that directed to maintain a status-quo on a Bangladesh Bank policy offering special privileges to loan defaulters. Justice Md Nuruzzaman passed the order after hearing an appeal filed by the Finance Ministry. A full bench of the Appellate Division will hear the appeal on July ... Read More »

Is there a co-relation between human development & SDGs?

By Pedro Conceição UN, Jul 1 2019 (IPS) – “People are the real wealth of nations,” began the first Human Development Report (HDR). That 1990 report marked a turning point in the global development debate. During the second half of the 20th century there were growing concerns about the tyranny of gross domestic product (GDP). Many decision-makers seemed to believe ... Read More »

Demos in district towns against gas price hike Tuesday: BNP

Dhaka, July 01- The major opposition BNP will stage demonstrations at district towns and city corporations across the country on Tuesday protesting the government decision to increase gas prices. In the capital city of Dhaka, the party will either stage demonstrations or bring out processions at thana level. BNP senior joint secretary general Ruhul Kabir Rizvi yesterday announced the programme ... Read More »

EU needs new noisy electric cars for pedestrian safety

Brussels, July 1 (Xinhua/UNB)– From July 1, new types of electric and hybrid vehicles in the European Union (EU) are required to install sound generating devices to help increase the safety of pedestrians and cyclists. An electric car’s acoustic vehicle alert system (AVAS) must make a continuous audible noise when travelling below 19 km per hour to signal the vehicle’s ... Read More »

Polls ticket trade imaginary: Why not air Swiss Bank Ac’s: BNP

Dhaka, June 30 (UNB) –  BNP senior leader Nazrul Islam Khan on Sunday termed imaginary Prime Minister Sheikh Hasina’s comment that BNP’s ‘nomination trade’ during the 11th parliamentary election swelled Bangladeshis’ deposits in the Swiss banks. Speaking at a human-chain programme, he also said the national budget passed in parliament on Sunday will not only push up profits of businessmen, ... Read More »

150 imported cargo containers drop into Bay from vessel

Dhaka, June 30 – A Dhaka Pangaon bound import container-laden cargo vessel from Chittagong port on Sunday lost 43 containers into Bay of Bengal near Hatiya Channel due to rough sea. Every day over 150 container vessels and oil tanker carry goods from Chattogram port to Pangaon using the route. The vessel is ‘KSL Gladiator’ of Karim Group’s Karim Shipping ... Read More »

Nokia distances itself from boss’s warning on Huawei 5G kit

Dhaka, Jun 30 (UNB) -Telecoms giant Nokia has disowned the comments one of its senior executives made about rival Huawei, reports the BBC. Nokia’s chief technology officer Marcus Weldon told the BBC that the UK should be wary of using the Chinese hardware. He said Huawei’s telecoms kit had vulnerabilities that meant it posed a risk to 5G networks. In ... Read More »

Gas price for cooking raised by 32.8 pc

Dhaka, Jun 30 (UNB) – The average gas price has been raised by 32.8 percent for the retail consumers in the country with effect from Monday (July 1). Chairman of the Bangladesh Energy Regulatory Commission (BERC) Monwar Islam announced the decision of the commission at its office on Sunday. As per the new price hike, the household consumers having single ... Read More »

No dev work that damages environment: experts

Dhaka, June 29 (UNB) – Stating that no development effort will be effective if it ruins the ecological and environmental balance, speakers at a public dialogue on Saturday urged the government to ensure a more environment-friendly budget. Poribesh Bachao Andolon (POBA) arranged the programme at the Jatiya Press Club. The speakers said development and environment are complimentary to each other ... Read More »

Reform banking sector for budget execution: Ibrahim Khaled

Dhaka, June 29 (UNB) – Former Bangladesh Bank Deputy Governor Khondkar Ibrahim Khaled on Saturday underscored the need for reforming the country’s banking sector for proper implementation of the national budget for 2019-20 fiscal year. “Default loans must be recovered, tax collection should be increased and legal obstacles to the banking sector have to be removed for proper implementation of ... Read More »