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Tag Archives: finance

Digital agri: Zimbabwe farmers gain but mobile money costly

By Tonderayi Mukeredzi HARARE, May 27 2020 (IPS) – Shurugwi communal farmer, Elizabeth Siyapi (57) can no longer be scammed by unscrupulous middlemen to sell her crops cheaply. Nowadays, before she takes her produce to the market she scours her mobile phone, which has become an essential digital agriculture data bank, for the best prices on the market. “When my ... Read More »

The Digital Path to Citizen-Centric Finance

By Achim Steiner and Maria Ramos NEW YORK/JOHANNESBURG – Today, “mobile money” – a service enabling people to send, receive, and store money on a cellphone – allows a market trader in Kenya to borrow a modest amount at sunrise to buy her stock, and then pay it back at sunset from her daily earnings. This seemingly simple micro-level exchange ... Read More »

Bigwigs to stay involved in govt support for small fries

President of the country’s apex trade organization FBCCI Sheikh Fazle Fahim on Monday said that they would remain involved in the working capital loan/investment disbursement process of the government-announced Tk 20,000 crore financial assistance package for cottage, micro, small and medium enterprise (CMSME) organisations. He also said that the FBCCI (Federation of Bangladesh Chambers of Commerce and Industry, in its ... Read More »

$100 million from ADB to support COVID-19 response in BD

The Asian Development Bank (ADB) on Thursday approved a $100 million loan to support the Government of Bangladesh in its efforts to address the immediate public health requirements of combating the coronavirus pandemic.“ADB stands with Bangladesh in this difficult time when the COVID-19 pandemic challenges the country’s recent successes in its socio-economic development,” said ADB Vice-President Shixin Chen. “This project ... Read More »

China to donate $30 million more to WHO

China has decided to give another US$ 30 million to the World Health Organization (WHO) in support of global efforts to fight COVID-19 and the construction of public health systems in developing countries, a Foreign Ministry spokesperson said here Thursday. Spokesperson Geng Shuang told a news briefing that the WHO, led by Director-General Tedros Adhanom Ghebreyesus, had actively fulfilled its ... Read More »

কওমী ও প্রাইভেট মাদ্রাসা শিক্ষক মসজিদ ইমামদের বিশেষ ভাতা দাবী

কওমী ও প্রাইভেট মাদ্রাসা শিক্ষক-কর্মচারী এবং মসজিদের খতীব, ইমাম, মুয়াজ্জিন, খাদেম সাহেবদের দাবি নিয়ে জাতীয় ওয়ায়েজীন পরিষদ বাংলাদেশ এর পক্ষ থেকে মাননীয় প্রধানমন্ত্রী শেখ হাসিনার নিকট খোলা চিঠি Read More »

Decisive, collective action must to fight Covid-19: WB, IMF

1. The Development Committee met virtually on Friday, April 17, 2020. 2. Our meeting occurred at a time of unprecedented challenges due to the COVID-19 pandemic. Its devastating effects are being felt across the globe as the human and economic toll continues to rise. We express our sympathy to those affected and offer our support and solidarity to those working ... Read More »

South needs $2.5tn support package to deal with Covid-19

Geneva (Kanaga Raja) – A $2.5 trillion support package is needed for developing countries facing unprecedented economic damage from the Covid-19 crisis, the UN Conference on Trade and Development (UNCTAD) has said. “The economic fallout from the shock is ongoing and increasingly difficult to predict but there are clear indications that things will get much worse for developing economies before ... Read More »

Fighting coronavirus: It’s time to invest in universal public health

By Isabel Ortiz and Thomas Stubbs NEW YORK and LONDON, Mar 23 2020 (IPS) – Austerity policies pushed by international financial institutions have weakened public health systems, despite current financial support packages, condemning many people to die. As health systems of East Asia, Europe, and the Americas buckle under the strain of coronavirus, developing countries are expecting an even higher ... Read More »

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 »