'Pope Francis Yunus 3Zero Club' launched in Rome
Pope Francis, the spiritual leader of the Catholic Church, and Dr Muhammad Yunus, chief adviser to the interim government, have jointly launched a 'Pope Francis Yunus 3Zero Club' in Rome in an effort to usher in a transformative and inclusive future for humanity.The club stands as a beacon of hope...
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Build economy where growth shared evenly by all: Dr Yunus
Nobel laureate Dr Muhammad Yunus, who heads a post-uprising reformist government in Bangladesh, has called for building an economy where fruits of technology, economic growth are shared evenly by all people, not monopolised by privileged few."As we debate and share our thoughts in this gathering over next few days, I...
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Call money rate shoots over 10pc amid liquidity crunch
Call money becomes a tool for making quick bucks by the banks with the lending rate on the interbank market rising fast, crossing over 10 per cent on average.Thursday's rate marks one of the highest call-money rates in many years, according to bankers.The rates ranged between 9.8 per cent and...
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BD may fetch US$1.0b annually from carbon trading
Bangladesh has potentials to fetch around US$1.0 billion annually from global carbon market, said global lead for carbon markets and finance of the World Bank Chandra Shekhar Sinha Saturday.He said the country requires to expedite the process of learning to bag the opportunities as offered globally under the carbon trading.Mr...
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Financial challenges are manageable: BB governor
Bangladesh Bank Governor Ahsan H. Mansur has dismissed concerns about the financial crisis, assuring that the prevailing challenges are manageable."We are not in a crisis. The issues in the financial sector are fully solvable. We won't face a situation like Sri Lanka or any other countries experiencing severe economic distress,"...
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Automation may cost 60pc jobs by 2041: Study
About 60 per cent workers of the country's textile and readymade garment (RMG) industry might lose their jobs due to automation despite a significant number of new types of jobs being created by 2041, according to a latest study. According to the study, up to 0.5 million jobs are at...
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