1:34 am - Friday January 18, 2019
Browse Category

Economy

52.42 pc ADP implementation in 10 months

women in BD
The implementation rate of the Annual Development Programme (ADP) during the July-April period of the current fiscal year reached 52.42 percent with an overall expenditure of Taka 82,603 crore. The ADP implementation rate during the July-April period of the last fiscal year (FY17) was 54.56 percent with an overall expenditure of Taka 65,083 crore, according to the latest women in BDstatistics provided by the Implementation Monitoring and Evaluation Division (IMED) of the Ministry of Planning, Reports BSS. The IM...

Transparency, accountability in public fund management

P__Rel__5__5__18
Increase of tax collection, fund allocation and ensuring transparency and accountability in public fund management, poverty alleviation, reducing the income disparity should get most priority in the upcoming national budget. According to World Health Organization’s report 52 lakhs peoples are living under poverty line in the country who do not have access to   proper health care service. So, sufficient amount of budget must be allocated for health sector for providing maximum health service to the rural poor and hard core poor people of the country, so that they could fully engage in economic main stream activities-speakers told at a seminar in the city on Saturday.

Bangladeshi maids on the run from Saudi

passport Bd
The crowds wait outside the arrivals terminal at Shahjalal International airport as dozens of taxi drivers line the streets looking for business. Armies of beggars plead for attention from passersby, while passengers leave the arrivals hall carrying flat-screen TVs or oversized boxes wrapped in cling-film. A group of women appear amid the constant stream of people. Dressed in an array of colours, they pull their suitcases, looking for their loved ones. Khaleda Akhter, 28, has just spent months inside a Bangladeshi-run safe house in Saudi Arabia, ...

Bangladesh moves forward as production hub

maids from BD
Though often described as one of the least developed countries in South Asia, Bangladesh has overcome significant challenges to become a production hub for international companies that want to enjoy the cheap labor and other facilities the country has to offer. During my recent one-week stay in Bangladesh, I had the opportunity to visit some of the country's major factories and Export Processing Zones (EPZ), where thousands of Bangladeshis work to make a living. maids from BDWith its population of over 160 mil...

Tripartite meet on non-performing loans by BB, BIAC and ABB

bb
A Tripartite meeting between Bangladesh Bank (BB), Association of Bankers Bangladesh (ABB) and Bangladesh International Arbitration Centre (BIAC) was held on 12 April 2018 at the Bangladesh Bank Head Office to find out ways to strengthen the Alternative Dispute Resolution (ADR) system to settle large number of pending cases in the banking sector. The meeting was chaired by Mr. Abu Hena Mohd. Razee Hassan, Deputy Governor of Bangladesh Bank. From Association of Bankers Bangladesh, Mr. Syed Mahbubur Rahman, Chairman, Mr. Sohail R.K. Hossain, Vice Chairman, Mr. Md. Arfan Ali, Secretary General participated in the discussion. Mr. Muhammad A. (Rumee) Ali, CEO of BIAC, led BIAC team and took part in the discussion. Mr. Abu Hena Mohd. Razee Hassan, Deputy Governor of Bangladesh Bank emphasi...

BD eyes settlement in $ 66m cyber heist

bangladesh_bank
An Ecuadorian bank and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, providing a possible precedent for the Bangladesh central bank’s planned suit to recover $66 million still lost in one of the world’s biggest such cases. A suit by Ecuador’s Banco del Austro against Wells Fargo & Co (WFC.N) was quietly settled in February, less than a month before a trial date was set, and the U.S. district court in Manhattan sealed all discussions, according to court documents. No other major media has reported the settlement.