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Country holds sustainable position in economic growth    

Bangladesh holds sustainable position in economic growth in consideration of macroeconomic performance. However, the increasingly globalised economy of the country is facing a number of challenges and therefore, it is urgent need to identify these challenges with view to ensure continuation of the growth performance. Speakers said this at seminar on ‘An analysis on Macroeconomic performance of Bangladesh’ organized by the Institute of Chartered Accountants of Bangladesh at CA Bhaban on Thursday (15 May 2014). Moazzem Hossain, Editor of the Financial Express was present as the Chief Guest. ICAB President Showkat Hossain FCA delivered the welcome speech while Council Member and Past President Anwaruddin Chowdhury FCA moderated the program as Session Chairman.  ICAB Council Member Md...

Dhaka Bank Business Review Meet held  

A Business Review Meeting of Dhaka Bank Limited was held recently with the Branch Managers of North & South Bengal Region where the Founder and Director of the Bank Mr. Mirza Abbas Uddin Ahmed, Chairman of the Bank Mr. Abdul Hai Sarker along with other directors of the Bank namely Mr. Reshadur Rahman, Mr. Altaf Hossain Sarker, Abdullah Al Ahsan and Sponsor Director & Ex-Chairman of the Bank Mr. A.T.M. Hayatuzzaman Khan were also present. PhotoManaging Director (Current Charge) Mr. Niaz Habib and Deputy Managing Director Mr. Emranul Huq of ...

AfDB, Yunus deepen cooperation on social business in Africa

“In one year we have come a long way and Tunisia is taking concrete steps in the adoption of social business. It will soon be a model for African countries and I am very happy,” said Professor Muhammad Yunus, 2006 Nobel Peace Laureate, pioneer of microcredit and co-founder of the Yunus Social Business (YSB) during his visit to Tunisia on 9 and 10 May 2014. yunus-14-5-2014This, his second visit to Tunisia, offered a renewed opportunity to meet representatives of the African Development Bank (AfDB) and to review progress on social ...

PM mourns deaths in Turkish coalmine accident      

Prime Minister Sheikh Hasina has expressed her deep shock at the death of a few hundred of Turkish labourers in a coalmine accident in the Soma district in Turkey on Tuesday. sheikh-hasina_25On behalf of the people and the government of Bangladesh, Sheikh Hasina conveyed to Turkish Prime Minister Recep Tayyip Erdogan and to the bereaved families, sympathies and deep condolences in this tragic accident. She also prayed to Almighty Allah to give them the strength to withstand this immeasurable loss to their families. The Pri...

ILO to launch report on profits of forced labour

The International Labour Organization (ILO) is to launch a new report, Profits and Poverty: The Economics of Forced Labour, on May 20. ILOThe study investigates the underlying factors that drive forced labour, of which a major one is illegal profits. Figures will include a breakdown of profits by area of forced labour and by region, according to a release. The report will also provide updates to data included in the 2009 Cost of Coercion report, as well as the global estimate of persons in forced labour. A press briefing by Corinne Vargha, ILO’s Chief, Funda...

Absolute power of the executive creates scope for abuse: TIB

Absolute power of the executive organ of Bangladesh creates scope for abuse and prompts to take executive decisions on partisan basis, according to a study of the Transparency International Bangladesh (TIB). The study reveals that the Prime Minister being the exclusive depository of absolute power exercises authority over the executive branch of the government. Critics have labeled it as ‘Prime Ministerial authoritarianism’, it said. The study report, titled ‘National Integrity System Assessment: Bangladesh’, was released at a press conference at the BRAC Center in the capital on Wednesday. [caption id="attachment_1292" align="alignleft" width="300"]
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