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Economy

HC makes Ibrahim Khaled director, chairman of ILFSL

Dhaka, Jan 21- To Protect the greater interest of the common shareholders and the depositors of the corporate sector of the country, the High Court has appointed Ibrahim Khaled, former deputy governor of the Bangladesh Bank, as an independent director and chairman of the International Leasing and Financial Services Limited (ILFSL). Read More »

Population: Pro-Growth Demographic Dogma

By Joseph Chamie NEW YORK, Jan 20 2020 (IPS) – Whenever the issue of population comes up, pro-growth demographic dogma invariably dominates. Governments, political parties, businesses, the media and many others typically praise population growth and lament population slowdown, stabilization or decline. The demographic dogma basically advocates maintaining robust population growth and a larger and youthful population. Read More »

Billionaires beware

By Anis Chowdhury and Jomo Kwame Sundaram Sydney and Kualalumpur, Jan 7 2020 (IPS) – The latest November 2019 UBS/PwC Billionaires Report counted 2,101 billionaires globally, or 589 more than five years before. Earlier, Farhad Manjoo had seriously recommended, ‘Abolish Billionaires’, presenting a moral case against the super-rich as they have and get far, far more than what they might ... Read More »

Billionaires’ existential threats to humanity?

By Anis Chowdhury SYDNEY, Dec 17 2019 (IPS) – The social utility of billionaires’ existence has come under increased scrutiny, especially during the Democratic Party primaries for the 2020 US Presidential election. Leading newspapers, such as The New York Times, published opinion pieces arguing to abolish billionaires and reflecting on why billionaires engage in illegal insider trading. Read More »

Sustainability is social, environmental and economic

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 not just about the environment. In calling for climate justice, trade unions demand a far-reaching transformation of the economy, a ... Read More »

Global Community Commit $82 Billion to the Poorest Countries

Focus on jobs, gender, fragility, climate, and good governance Stockholm, December 13, 2019 — A global coalition of development partners announced today their commitment to maintain momentum in the fight against extreme poverty, with $82 billion for the International Development Association (IDA), the World Bank’s fund for the poorest. The financing, which includes more than $53 billion for Africa, will ... Read More »

People who coined the phrase ‘Leave no one behind’

Mostafa Kamal Majumder The Workability International Asia will have its next annual general meeting on in Dhaka in November 2020, it was decided at a board meeting of the organisation held on 25-26 November at the Bangladesh Pratibandhi Kalyan Samity (BPKS) complex in the Dakhskin Khan area, on the Northeastern fringe of the metropolitan city of Dhaka. The programme was ... Read More »

Sri Lanka to firmly support, Port City development: PM

Sri Lankan Prime Minister Mahinda Rajapaksa said on Saturday that his government will firmly support and accelerate the development of the Colombo Port City project constructed by China to ensure that it will emerge as a new business hub in the island country. Rajapaksa visited the Colombo Port City along with Chinese Ambassador to Sri Lanka Cheng Xueyuan and other ... Read More »

‘We all must step up’ joint action on disability inclusion

8 December 2019 – SDGs – The international community has agreed truly ground-breaking frameworks to advance the rights of persons with disabilities, including in the context of development, but there remains a significant gap between these ambitions and the reality experienced daily by millions of persons with disabilities, UN Deputy Secretary-General Amina Mohammed told a conference in Doha on Saturday. Read More »

A $650 mn pledge aimed at eradicating extreme hunger by 2030

By Thalif Deen UN, Nov 22 2019 (IPS) – When a coalition of international donors pledged more than $650 million to provide assistance to over 300 million smallholder farmers in developing countries, the primary aim was to help increase agricultural and livestock production besieged by droughts, floods and other natural disasters triggered by climate change– mostly in sub-Saharan Africa and ... Read More »