Almost a third of Bangladesh's population lives below the poverty line and a significant proportion exist in extreme poverty. As a result, rates of malnutrition in Bangladesh are among the highest in the world. The problem is particularly acute in rural and urban slums. The Global Alliance for Improved Nutrition's (GAIN) micronutrient survey showed that more than half of Bangladeshi children living in slum areas suffer the effects of stunting - failing to grow to their potential height.
The underlying causes of malnutrition in Bangladesh include: a lack of access to diverse foodstuffs, high level of social and geographical exclusion, inter-intra household disparities, discrimination and a lack of education on nutrition. Impoverished families don't have the means to grow or purchase a...
Former Bangladesh Bank governor and professor of business school, BRAC University, Salehuddin Ahmed, has expressed concern over slow growth rate and said it should be oriented towards productive and employment generating activities, which will benefit people.
Ahmed said efforts to increase the growth rate should also aim at overall development of the society.
“Even if we do not have this eight%, even if it is six or seven% if that particular growth is oriented towards, it comes from productive activities and employment generating activi...
Bangladesh's annual inflation eased marginally in April to 7.46 percent, the Statistics Bureau said on Wednesday, as prices of both food and non-food items rose at a slower pace.
Inflation in March was 7.48 percent, up from February's 7.44 percent - the first easing in inflation since November as supplies of basic foodstuff were affected by frequent transport blockades and unrest in the run-up to elections in January.
Food prices in April rose 8.95 percent from a year earlier, compared with an 8.96 percent increase in March, the ...
A new venture ‘Tau Bangladesh’ has been launched by a New York-based growth-equity venture investment firm Tau Investment Management, LLC. Under its new venture, the company plans to invest US$ 200 million to buy minority ownership of large garment manufacturing enterprises in Bangladesh.
Speaking at the launch of Tau Bangladesh in Dhaka, Oliver Niedermaier, CEO of Tau Investment, said they are investing in Bangladesh to help a few companies become stronger strategic suppliers by helping the factories decrease inefficiency and increase productivity, thereby helping workers, the environment and investors.
The global economic recovery, despite some hiccups, seems to have built up some steam. While growth is strongest in developing countries, it is still slower than the pre-crisis period. A cautious attitude and ongoing aversion to risk mean that business confidence is tepid – especially in the EU. Experts think the prospects for a durable and sustained recovery hinge on whether national governments demonstrate their commitment to substantive structural reforms, according to the editorial of the current ICCB News Bulletin of International Chamber of Commerce-Bangladesh released on Wednesday.
Sunil Bharti Mittal, Founder & Chairman, Bharti Enterprises, one of India’s leading business groups with interests in telecoms, retail, agri-business and financial services, will Co-Chair this year’s edition of the World Economic Forum on Africa. World Economic Forum on Africa is the continent’s marquee event and is attended by top business and government leaders from across the world.
The event, which is being held in Abuja (Nigeria) from May 7-9, 2014 under the theme Forging Inclusive Growth, Creating Jobs, will be attended by over 900 leaders from business, government, civil society and academia.
