Global entrepreneurship week being celebrated in city
Global entrepreneurship week (GEW) is being celebrated in the city with a flying start focusing on the “importance of an entrepreneurial community” to inspire the next wave of innovative entrepreneurs.
The kickoff began at the News Cred office in Dhaka with an opening talk by MK Aaref of EdwardMKennedyCenter in the city and Toby Glucksman, Deputy Political and Economic Counselor and Economic Chief of US Embassy, Dhaka.
This was followed by a fireside chat moderated by Samad Miraly of Olympic with Md. Sabur Khan, President of DCCI and Pial Islam of PI Consulting. The event ended with a panel session on Water Sanitation App Fest hackathon talk by Mirva Tuulia Moilanen, Communications Specialist, The World Bank.
ADB grants $ 90m aid for Bangladesh edn programme
Asian Development Bank (ADB) Thursday signed a loan agreement worth $90 million with Bangladesh to overhaul the country's secondary education sector and build the foundation for developing a skilled labour force.
The assistance is the first tranche of the $500 million Secondary Education Sector Investment Programme (SESIP) approved by ADB in September this year, said a statement from the Manila-based lender.
Mohammad Abul Kalam Azad, secretary of Bangladesh's Economic Relations Division (ERD) and M. Teresa Kho, country director for ADB's Bangladesh Resident Mission, signed the loan agreement.
"Skills shortage is a key challenge Bangladesh is facing to graduate to the next orbit of development," said Teresa Kho.
Indian co wins tender to supply 50,000t wheat
India's Amira Foods has won a tender to supply 50,000 tonnes of wheat to Bangladesh after submitting the lowest offer at $314.60 a tonne, an official of the state grains purchasing agency said on Wednesday.
This was the highest price the agency has paid in tenders since the start of July. The price included cost, freight, insurance and other port-related expenses.
The tender is part of a plan by the Directorate General of Food to import 850,000 tonnes of wheat in the financial year through June 2014, up from around 350,000 tonnes the previous year.
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Political crisis in Bangladesh: From editorial of NYT
Since the year began, a series of general strikes have paralyzed Bangladesh, and hundreds have died in violent clashes between rival political factions. Top opposition leaders and human rights activists have been arrested. Courts have delivered guilty verdicts and death sentences that flout the most basic standards of due process.
Responsibility for this crisis sits squarely with Prime Minister Sheikh Hasina, the leader of the Awami League party. Ms. Hasina seems determined to hang on to power in advance of general elections...
Responsibility for this crisis sits squarely with Prime Minister Sheikh Hasina, the leader of the Awami League party. Ms. Hasina seems determined to hang on to power in advance of general elections...
Hasina denies Bangladeshis involved in GE13
Bangladesh Prime Minister Sheikh Hasina has denied the Malaysian Prime Minister Datuk Seri Najib Tun Razak’s claim that 40,000 of Bangladeshi people were involved and voted for the Barisan Nasional (BN) in Malaysia’s 13th general election(GE13).
Malaysian Prime Minister Datuk Seri Najib Tun Razak said during his meeting with Sheikh Hasina, the South Asian leader shook her head in disbelief at the claim.
Najib also said if the claim that his visit to Bangladesh was to meet and thank those people for voting for the BN in the last ge...
Najib also said if the claim that his visit to Bangladesh was to meet and thank those people for voting for the BN in the last ge...
If violence goes on, orders may shift to other destinations
If current spell of violence goes on in RMG sector, orders from international buyers may shift to alternative destinations and thus the country may also lose foreign direct investment (FDI), said Dhaka Chamber of Commerce and Industry (DCCI).
DCCI in a statement on Wednesday said, if this kind of violence is not stopped right now, it will affect the whole industry which will cause a serious damage to the country’s economy.
DCCI expressed its deep concern over the labour unrest and violence in the RMG sector that has been “taking a heavy toll” on the export earning apparel industry.
DCCI said recently the garment...
DCCI said recently the garment...
