Transparency International Bangladesh (TIB) has called for the creation of a enabling environment to effectively utilise the huge population for the sake of national development. One-fifth of the total population of the country remains youth, but the unemployment rate among them is twice the national level rate, says TIB in a
Author: Times Report
TIB urges govt to prevent money laundering
Transparency International Bangladesh (TIB) has suggested the government to prevent tax evasion and money laundering by adopting 'Common Reporting Standard (CRS)' tostabilise foreign exchange reserves without burdening the people with foreign debt. Taking loan from the International Monetary Fund (IMF) and other international institutions is considered normal for stabilising foreign exchange
Manpower export to Malaysia resumes after four-year gap
Malaysia on Tuesday resumed recruitment of manpower from Bangladesh after a long pause of four years as the first batch of Bangladeshi workers reached Kuala Lumpur. A flight of Air Asia carrying 53 Bangladeshi workers landed at Kuala Lumpur International Airport at 5:22am, said the High Commission of Bangladesh in
BNP welcomes Ganatantra Mancha as a success for united opposition
BNP senior leader Nazrul Islam Khan on Tuesday welcomed the new political platform bringing together 7 political parties, and said the emergence of an opposition alliance is a success for their party's move to wage a united movement against the current government. "We welcome the launch of Ganatantra Mancha. We have
Bangladesh’s trade deficit crosses $33b in FY22
The country’s deficit in trade in goods with the rest of the world crossed US$33 billion in the last fiscal year (FY22), according to the central bank’s updated statistics released on Monday. It showed that the merchandise trade deficit stood at $33.25 billion in the last fiscal year (FY22) which was
Banks miss disbursement target for CMSMEs stimulus loans
Despite the central bank's priority, banks have failed to achieve the stimulus loans (phase-2) disbursement target among cottage, micro, small and medium entrepreneurs (CMSMEs). According to the latest report of BB, banks have disbursed Tk14,746 crore against the target of Tk 19,340 crore for FY22, which is 73.77 per cent
We want to stay above criticism
CEC says calling for changes in electoral system Chief Election Commissioner Kazi Habibul Awal on Sunday said the Election Commission wants to remain above criticism by holding a free, fair and credible election as the last two national polls were tainted by controversies. In another meeting with Jatiya Party (JP), the
BRAC Bank gets ‘The Asian Banker Transaction Finance Award 2022’
BRAC Bank Ltd. has been awarded with the prestigious ‘The Asian Banker Transaction Finance Award 2022’ in two categories – ‘The Best Transaction Bank’ and ‘The Best Cash Management Bank’ in Bangladesh, a press release said Wednesday. The Asian Banker Transaction Finance Award is one of the most prestigious annual awards
USD soars to Tk 112 in kerb market
Frantic buying, syndicate, rising import price blamed The exchange rate of US dollar jumped to Tk 112 in the unofficial (kerb) market on Tuesday prompting the worst-ever slide of the Bangladeshi currency against greenback. Traders of the kerb market, where out-of-bank cash dollars are sold and bought, told The News Times that
Bangladesh truly a champion of migration: IOM
The International Organization for Migration (IOM) has appreciated Bangladesh's overall migration management and gradual prevention of irregular migration enabling regular migration. "On migration management, Bangladesh is really a champion. There is quite a big that your government has done....fair enough to say very strong on migration management," said Deputy Director