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Regulators

NOCLAR will protect public interest from potential illegal acts

Responding to Non-compliance with Laws and Regulations (NOCLAR) is an international ethics standard for auditors and other professional accountants. It sets out a first-of-its-kind framework to guide professional accountants in what actions to take in the public interest when they become aware of a potentially illegal act, known as non-compliance with laws and regulations, or NOCLAR committed by organizations.

Speakers forwarded these views at a webinar on ‘Responding to Non-Compliance with Laws and regulations: Bangladesh Perspective’ organized by the Institute of Chartered Accountants of Bangladesh (ICAB) on 18 May 2022.

Tapan Kanti Ghosh, Senior Secretary, Ministry of Commerce, GoB joined...

Digital economy a prerequisite to make Digital Bangladesh

Bangladesh Women Chamber of Commerce and Industry (BWCCI) organized the “Kickoff Workshop” on "Promoting Democratic Participation in the Digital Economy (PDPDE) Project virtually today the October 14, 2020. 

The Project is funded by Center for International Private Enterprise (CIPE) and today’s workshop was facilitated by Ms. Selima Ahmad MP- President-BWCCI. Mr. M A Mannan MP, Honorable Minister, Ministry of Planning, Government of the People’s Republic of Bangladesh was the Chief Guest joined over phone from the hospital despite of his physical sickness. Among other distinguished participants, the program was successfully held with the virtual and delightful  presence of Dr. Khandokar Azizul Islam, Additional Secretary, ICT Division...

Economy under threat due to COVID 19

The World Health Organization (WHO) officially declared the corona-virus (COVID-19) outbreak a global pandemic on 11 March, which has now spread to 170 countries & territories and infected over 330,000 people. This number does not adequately show the scale and magnitude  of this global crisis, which not only related to public health but also the health of the global economy.

8 projects worth Tk 10,468.24cr approved at ECNEC meeting

The Executive Committee of the National Economic Council (ECNEC) today approved a total of eight projects involving Taka 10,468.24 crore including a first revised project for constructing Bangabandhu Sheikh Mujib Railway Bridge over River Jamuna with an additional cost of Taka 7,046.88 crore. The approval came from the 21st ECNEC meeting of the current fiscal year held at the NEC Conference Room in the city’s Sher-E-Bangla Nagar area with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair, reports BSS. ECNEC-1-696x...
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Tk 4,64,573cr budget for FY19 setting 7.8pc growth target

Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country. “Our main objective of budget preparation is to alleviate poverty, reduce inequalities and bring basic and qualitative changes in people’s living standard. Regional parity, human resources development, infrastructure development as well as assuring quality of expenditure are focused in allocation of resources,” said the finance minister while placing the proposed budget

7 mega projects to get Tk 29,675cr in FY19

Seven large projects are likely to get Taka 29,675 crore in the upcoming budget for financial year 2018-19 (FY19) for accelerating the implementation process of these ‘fast-track’ projects, reports BSS. “The government will allocate for the mega projects as per their demand. We want to implement the mega projects within the scheduled time for the benefits of the economy,” Finance Secretary Mohammad Muslim Chowdhury told BSS. The mega projects are Padma Multipurpose Bridge, Padma Bridge Rail link, Dohazari-Cox’s Mega Projects