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Country needs policy actions to overcome COVID-19 shocks: experts

BSS Speakers at a dialogue here yesterday said Bangladesh needs to quickly design and roll out policy actions and reforms on long-standing issues holding back private investment to effectively address the unfolding impact of COVID-led economic shocks. In order to boost the investment climate in the country to help stimulate recovery


Working in areas including food, health, education, shelter, clothing, entertainment, environment, information technology, and renewable energy, cooperative and social business, Bestway Group started in Bangladesh as a CSR initiative in 1998. It emerged as a private limited company in 2004 and currently has 30 sister concerns. Md Mizanur Rahman, the Chairman

ADB strengthens partnership with WHO

BSS The Asian Development Bank (ADB) on July 9 strengthened its partnership with the World Health Organization (WHO), recognizing that increased collaboration is helping to expand critical health care across Asia and the Pacific and contain the spread and impact of the coronavirus disease (COVID-19) pandemic. During a conference call with

DCCI calls for modern curriculum for industry

BSS Dhaka Chamber of Commerce and Industry (DCCI) on July 4 called for modernizing curriculum, up-skilling and re-skilling of workers utilizing the Fourth Industrial Revolution (4IR), creating an inclusive digital infrastructure and infrastructure development to grab the opportunity of industry relocation and easier loan access to the SMEs. The chamber made

Gulf economies to shrink by 7.6% this year: IMF

Reuters (DUBAI/RIYADH) Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6% this year, an International Monetary Fund official said on Tuesday, revising downwards April forecasts of nearly 3%. The six GCC nations are, with varying degrees, facing steep economic declines as the slowdown in business activity due to

MetLife Joins U.N. Global Compact

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. The U.N. Global Compact calls for companies to align their operations and strategies with 10 universal principles in

Nike plans to cut jobs in digital push

Reuters Nike Inc on June 26 warned of job cuts as the world's largest footwear maker ramps up efforts to sell directly to customers through its online and retail channels. The planned layoffs come after the company on Thursday reported a $790 million quarterly net loss, its first in more the


A K M Monirul Hoque is passionate about developing the insurance industry in Bangladesh. He attended many seminars and symposiums all over the world and likes to study global models and approaches in order to implement new and innovative ideas in Bangladesh. Mr. Hoque loves travelling because he believes that