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Leading economists, politicians sit together Saturday

Leading economists and politicians will sit together here on Saturday to find ways to promote economic reforms in Bangladesh and give policy guidelines to help build an economically stronger nation having pluralistic democracy in the days to come. They will speak in a series of sessions during the two-day first conference of the Bangladesh Economic Forum (BEF), a non-political voluntary body of professional economists formed in April last year, at city’s Radisson Hotel. economyBangladesh Bank, Bangladesh Institute of Development Studies (BIDS) and Poli...

Lilliput wants to make a fresh start

Kidswear retailer Lilliput, which has been in the news for causing the fallout between Bain Capital and auditing firm EY, said it is eager to give its business a fresh start. The company said that it has already paid part of its dues to its Bangladeshi vendors. liliputPrivate equity (PE) firm Bain and ten of its subsidiaries have sued EY Global Ltd and EY LLP in a Massachusetts court, claiming that the investment has now been ‘rendered worthless’. Bain invested $59 million to buy 31 per cent of Lilliput Kidswear. It had alleged that EY was invol...

Bangladeshi General extends open invitation to Liberian army

The reformed Armed Forces of Liberia (AFL) continues to get international goodwill from friends and partners as the rebuilding process of a new and vibrant army remains on course. Currently soldiers of the army are making contributions to the United Nations Peace Keeping Mission in Mali for the first time in over two decades, but at the same time other friendly nations are offering support to the army. BD-liberiaA senior official of the Bangladeshi army, one of the countries serving as major contributor of troops to United Nations Missions around...

Regus provides investment boost to Bangladesh economy

Regus, the global flexible workplace provider, has expanded its network to an unparalleled 103 countries, adding Bangladesh to its network. To maximise the convenience for businesses, it has entered the market in two key commercial districts in Dhaka. The launch in Bangladesh will help local and foreign companies invest in this fast-developing economy, and support efforts to attract FDI. It also extends Regus' reach in Asia Pacific. regusThe two centres are at the UTC Building, in Karwan Bazaar, and Crystal Palace, on Gulshan South Avenue -- both...

Ecnec approves 6 projects worth Tk 2,007.68 cr

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved six development schemes involving Tk 2,007.68 crore including the Tk 828.56 crore ‘​Flood and Riverbank Erosion Risk Management Investment Program (Tranche – I)’. Ecnec1The approval came from the Ecnec meeting held at the NEC conference room in city’s Sher-e-Bangla Nagar with its chairperson and Prime Minister Sheikh Hasina in the chair. Of the six projects approved, four are new while the two others are revised ones, reports UNB. Briefing reporters after the meeting,...

Rainwater harvesting to meet water crisis

The usage of ground water is posing a severe challenge signaling severe future crisis for the urban population as the water level is depleting in alarming rate. To face the obvious situation, integrated water management system be introduced in national level for the future generation. Speakers and experts said these at the 2nd Water Convention on Monday. WaterAid Bangladesh in collaboration with CSE-India, RAiN Forum and ITN-BUET jointly organised the program at Spectra Convention in Dhaka. IMG_8629The experts emphasised on rainw...
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