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Economy

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...

FAO Asia-Pacific regional conference first time in Dhaka

Bangladesh is going to host the 36th Regional Conference for Asia and the Pacific of the Food and Agriculture Organization (FAO) the first time since it joined the organisation in 1973.

FAO is a specialised agency of the United Nations that leads international efforts to defeat hunger. Agriculture Minister Abdur Razzaque revealed the information at a views exchange meeting with journalists after the 3...

FACTORING – Int’l Trade Finance for Bangladesh

International Business Forum of Bangladesh (IBFB) organized a webinar on “FACTORING - International Trade Finance for Bangladesh” held on Monday, 31 August, 2020 via ZOOM virtual conference.

Dr. Mashiur Rahman, Economic Affairs Adviser to the Hon’ble Prime Minister, Government of the People’s Republic of Bangladesh graced the webinar as Chief Guest. Thompson Lui, Regional Manager, South and Southeast Asia, Facilitating Open Account - Receivables Finance, Factoring Chain International (FCI), The Netherlands was present as Guest of Honor. The Keynote Paper Presenter presented by Dr. Prashanta Kumar Banerjee, Director (Research, Development & Consultancy), Bangladesh Institute of Bank Management (BIBM).

ECNEC okays Tk 1,454cr DPDC project

The Executive Committee of the National Economic Council (ECNEC) approved a Taka 1,454.05 crore project to ensure standard and uninterrupted power supply for the clients of Dhaka Power Distribution Company Limited (DPDC) alongside creating infrastructures for giving additional 1.15 lakh power connections. The approval came from a meeting of the ECNEC with its chairperson and Prime Minister Sheikh Hasina in the chair, reports BSS. The premier chaired the meeting from her official Ganobhaban residence through video conferencing while the concerned ministers, state ministers

Govt not to fail in revenue collection, says Kamal

Finance Minister AHM Mustafa Kamal said that the National Board of Revenue (NBR) would not fail in revenue collection if the other economic parameters remain well mentioning that the Novel Coronavirus (COVID-19) has impacted the country’s economy like the other countries. “The whole of the world is being affected due to the COVID-19 pandemic and we’re also affected as well. We’re working to overcome the shock and maintain the revenue collection. We won’t fail in revenue collection if other economic parameters remain well,” he said. The Finance Minister was briefing reporters virtually after holding a virtual meeting with the top income tax department officials of the National Board of Revenue (NBR).

$ 202m WB addl financing to Increase food security

The World Bank’s (WB's) Board of Executive Directors on Saturday approved $202 million in additional financing for the Modern Food Storage Facilities Project to increase the storage capacity of Bangladesh’s national strategic grain reserves by 535,500 tons for 4.5 million households.

The project is helping Bangladesh address food insecurity in challenging times, such as frequent climate-induced disasters or crisis situations like the current COVID-19 pandemic. It is supporting the construction of eight public modern grain storage steel silo complexes for r...