Browse Day

July 3, 2023

Achievements of older people in Bangladesh

Campaign to gather signatures to the ADA petition. © BohubrihiBangladesh was one of the first countries to get involved in the Age Demands Action (ADA) campaign which began in 2007. Throughout this journey older people have used the campaign to ask for a national policy on ageing and to raise awareness about a UN convention of the rights of older people have seen significant national achievements over the past two years. helpageThe campaign started with only handful of people and one affiliate, the Resource Integration Center (RIC). It has s...

Tea prices down for second week

Tea prices in Bangladesh fell for a second straight week at the weekly auction on Wednesday due to higher supplies but strong demand for quality leaf capped the slide and sales rose. [caption id="attachment_10423" align="alignleft" width="300"]tea cup Bangladeshi tea fetched an average of 181.37 taka ($2.34) per kg at the auction, down from 185.70 taka at the previous sale held on Oct. 28.[/caption] Bangladeshi tea fetched an average of 181.37 taka ($2.34) per kg at the auction, down from 185.70 taka at the previous sale held on Oct. 28, said an execu...

Global remittance to top $ 436b — 3 times more than foreign aid

One day last year I (Adam) was sipping coffee with our nanny, Grace, in our kitchen in Hong Kong. She made no secret of the fact that she helped support her family back in the Philippines, but I was still surprised to hear her ask: “By the way, can I take the day off next Tuesday? I want to send money home.” I knew the Bank of the Philippine Islands was open on Sundays. In fact, that’s its busiest day, when all the nannies working in other countries have their day off and use it to do their banking. Remittance from nannies like Grace is big business in the Philippines. In the first half 2014, the US $28 billion in remittance single-handedly pushed the Philippines’ current account balance into surplus and accounted for nearly 10 percent of GDP.