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bangladesh

EU parliament backs reform of carbon market

The European Parliament approved plans to overhaul the Europe Union’s carbon market, a key part of strategies to curb the EU’s global-warming emissions. Under reforms due to take effect in 2019, the Emissions Trading System (ETS) will set aside a portion of carbon credits if the surplus of emission allowances on the market exceeds a certain threshold, reports AFP. carbon marketThe reserve will then be put back onto the market if prices recover. The Market Stability Reserve (MSR) “is a crucial building block to help ensure that CO2 (car...

VAT Day tomorrow

The National Board of Revenue (NBR) is observing VAT Day tomorrow (Friday) and the VAT Week from July 10-16 for the fifth consecutive year. “Pay the VAT timely to contribute to the development of the country” is the main message of this year’s VAT Day and VAT week. NBR1State minister for finance and planning MA Mannan will launch the day’s programme by inaugurating a colourful rally at 9 am at the NBR Bhaban, which will end in front of the National Press Club in the capital city. Like previous years, the programme of the VAT Day and the VAT Week will also...

BD in right direction to exploit “Blue Economy”: ESCAP

Bangladesh has been moving in the right direction in exploiting “Blue Economy” and other countries should acquaint with the strategies of Bangladesh that are being implemented, a top official the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has said. blue economyESCAP Executive Secretary Shamshad Akhter made the comments while opening a side event titled “Outcomes of regional consultations on sustainable development (SD) and the post-2015 development agenda in Asia and the Pacific” at the UN headquarters in Ne...

7th Plan aims at faster poverty reduction, LCG told

The government in its upcoming 7th Five Year Plan aims at a faster pace of poverty reduction through higher GDP growth and better income distribution. It was stated at the Local Consultative Group Plenary Meeting held today at the NEC Conference Room here, reports BSS. 7th PlanThe Economic Relations Division (ERD) organized the meeting to share the core outlines and features of the 7th Five Year Plan with the development partners, said a press release. Finance Minister Abul Maal Abdul Muhith was present at the meeting as ch...

Shajgoj promises to cater demand for beauty tips

After working for about ten years in the telco industry, Nazmul Sheik, co-founder of Shajgoj, was eager for a fresh challenge. At the time he was stationed in Nigeria as a consultant with MTN, Africa’s largest telecommunications provider, and earned a decent salary. Despite a fairly luxurious lifestyle and strong career growth prospects, Sheik felt his job was boring and mundane. His home country of Bangladesh was experiencing a spurt of economic growth and Sheik was convinced there were opportunities waiting for him. He soon quit his job to move back home. shajgoj

PRAN-RFL CEO passes away

The Chief Executive Officer (CEO) of PRAN-RFL Group, Major General (Retd.) Amjad Khan Chowdhury passed away today. He was 75. He had been suffering from cardiac ailments and diabetes since a long time and was admitted to Duke Medical of North Carolina, USA for treatment, said Kamruzzaman Kamal, the group’s director of marketing. PRA_RFL CEOAmjad Khan, who first took Bangladeshi brand abroad successfully and pioneered in establishing food processing in the country, was born in Natore in 1940. He was educated at Dhaka and graduated from Pakista...
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