Dhaka, Bangladesh (BBN) - The BBN (Bangladesh Business News) has prepared the morning business round up compiling reports, published by different newspapers and news portals in Bangladesh.
Move forward on SDGs with own funds: analysts
Bangladesh should get ready to implement the sustainable development goals on its own, as external resources might not be available as expected, just like in the case with the millennium development goals, experts said yesterday. Developing and least developed countries, including Bangladesh, did not get financial assistance as promised by the rich countries, according to the final evaluation report on the MDGs that was launched at the National Economic Council auditorium in Dhaka.
Revised pension scheme for govt servants gets PM's nod
Prime Minister Sheikh Hasina has approved a revised pension scheme for the retired public servants, said officials. The PM gave her nod to the scheme forwarded by the Ministry of Finance (MoF) on November 19, a senior official of the Prime Minister's Office (PMO) told the FE Tuesday.
Sylhet Hi-Tech Park project sent to cabinet committee for approval
The Primary Infrastructure Construction of Sylhet Hi-tech Park known as Sylhet Electronics City project has been sent to the cabinet committee on public purchase for approval. ICT Division sources said Bangladesh Navy-operated organisation Dockyard and Engineering Works Limited (DEW) will develop the project as part of the government plan to implement the Vision 2021.
Atiur for issuing green bond to attract FDI
Former Bangladesh Bank (BB) Governor Atiur Rahman has emphasized issuance of green bond to attract more foreign direct investment (FDI) from overseas sources for building a sustainable economy. “Growing urbanization and industrialization in developing economies like Bangladesh will need a huge amount of additional investment fund and green bond could be a desired option for the sovereigns to support and encourage central bank, development banks and city corporations to go for such blended strategy of mobilizing green resources from abroad,” the former governor said while addressing at a panel discussion on green bond at the Asian Development Bank (ADB) headquarters in Manila on Wednesday.
DSE turnover hits five-year high
Bangladesh’s stocks closed marginally higher on Wednesday with turnover on the premier bourse hitting five years high, largely contributed block transaction. The total turnover on the Dhaka Stock Exchange (DSE) soared to BDT 14.78 billion while block transaction contributed about 8.41 billion.
B’desh slides two notches in ICT dev index
Bangladesh moved down two notches to 145th position in 2016 in the ICT Development Index of the International Telecommunication Union. Among 167 countries, Bangladesh’s ranking was 143 in 2014 and it was 148 in 2010. The ITU report released on Wednesday showed, although the country has scored higher point of 2.35 in 2016 from that of 2.27 in the previous year, because of better performance by other countries Bangladesh’s ranking dropped.
Law minister leads team to Manila Saturday
A high-powered delegation headed by Law Minister Anisul Huq is scheduled to leave for Manila Saturday to expedite efforts with the Philippines to retrieve the remaining $65.75 million of Bangladesh's heisted foreign-exchange reserves. During the November 28-30 visit, the five-member delegation is scheduled to meet with senior officials concerned, including Philippine President Rodrigo Duterte and the governor of the Philippine central bank for their cooperation in bringing back the entire stolen money, a senior official concerned told the FE Wednesday.
60pc of women SME entrepreneurs struggle to get loans: survey
Over 60.2 percent of the women SME entrepreneurs' demand for finance remains unmet as banks and non-bank financial institutions do not want to lend to women, a survey found. The unmet demand for financing was estimated at Tk 6,007 crore for fiscal 2014-15, according to the report of the International Finance Corporation, an arm of the World Bank Group. The survey was conducted among 500 women SME entrepreneurs in 12 districts, including seven divisional headquarters.
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