BB governor reaffirms promoting women entrepreneurship
Reaffirming Bangladesh Bank’s (BB) commitment to promoting women entrepreneurship, bank governor Dr Atiur Rahman said, banks and non-bank financial institutions (NBFIs) have been asked for prioritization of women entrepreneurs in providing financial services.
“Promoting women entrepreneurship is one of our key policy interventions . . . half of our population is women and unless we engage them in activities where they have competitive edge over others we will be losing national output by under utilizing their skills, creative and innovative ideas,” said the governor while speaking at a seminar here, reports BSS.
Right bodies accuse govt of favoring MNCs
Fifteen civil society organisations promoting human rights on Saturday accused the government of favoring multinational companies (MNCs) with tax rules.
They also demanded stopping further extension of value added tax (VAT) net as planned for the upcoming budget as it is ‘regressive to poor’.
They came up with the demands at a rally in front of the National Press Club, said a media release.
The 15 participating organisations are Arpon, Bangladesh Bhumihin Samity, Bangladesh Krishak Federation, Coastal Development Partnership, Kishani Sava, Na...
They came up with the demands at a rally in front of the National Press Club, said a media release.
The 15 participating organisations are Arpon, Bangladesh Bhumihin Samity, Bangladesh Krishak Federation, Coastal Development Partnership, Kishani Sava, Na...
TCB drive afoot to keep Ramadan market cool
The Trading Corporation of Bangladesh (TCB) will build an enough advance stock of five Ramadan essentials in an effort to help ensure smooth supply of those items during the fasting month beginning in July next, said officials.
The five items are edible oil, sugar and lentil, gram/chickpea and date the demand of which skyrockets during Ramadan because of their high consumption, knocking up the prices, UNB reports.
Though the officials would not say anything about the stock quantity right now, they told UNB that the TCB dealers will get the uninterrupted supply of the essentials as per their requirement during the holy month.
“There had been no problem over the last two years. There’ll be no problem this year, too,” TCB Chairman Brig Gen Sarwar Jahan Talukdar told UNB on Saturda...
Coal Club for coal-fired power plant operators
The government considers forming a “coal club” aimed at sharing knowledge and experience among the public and private sector operators of the coal-fired power plants.
Power Division has invited officials of coal-fired plant projects to a meeting on Sunday at the Biduyt Bhaban to discuss the idea.
“The idea of the proposed coal club is to share and exchange the knowledge and experience among the sponsors and operators of coal-fired power plants in the public and private sectors”, said Anwar Hossain, a joint secretary of the Power Division, reports UNB.
Bangladesh aims to become world’s leading cotton importer
Bangladesh, the world’s third largest cotton importer according to the U.S. Department of Agriculture, is on a mission to topple No. 1 importer China.
“Obviously, we wish to take China’s place, and that day is not so far off — two, three years’ time,” Mehdi Ali, general secretary of the Bangladesh Cotton Association, told WSJ Frontiers on Friday at an industry conference in Miami.
China’s imports are expected to drop 50% during the upcoming season as it winds down a strategic stockpiling program, according to the National Cotton Council, a U.S. industry group — leaving room for Bangladesh to expand its role in the international market.
Prototype spacesuit for journey to Mars
US space agency Nasa has been showing off the wardrobe essentials for future astronauts looking for a new outfit for their first flight to Mars.
Nasa said the Z-2 spacesuit was only a prototype, but elements of it would be incorporated into the suit worn by the first humans to reach the Red Planet.
The suit uses light-emitting patches and luminescent wire that could be customised to identify individuals.
The "technology" design beat two others with 63% of a public vote of 233,431.
Z-2 suit The suit will be tested i...
The suit uses light-emitting patches and luminescent wire that could be customised to identify individuals.
The "technology" design beat two others with 63% of a public vote of 233,431.
Z-2 suit The suit will be tested i...
