Oct 03, 2019 | Issue 232


HPM places 4 proposals before UNGA, dubs Rohingya crisis a regional threat

In her address at the 74th session of the United Nations General Assembly (UNGA), Honourable Prime Minister (HPM) Sheikh Hasina has placed a four-point proposal to resolve the protracted Rohingya crisis. “The Rohingya crisis is now becoming a regional threat”, said Sheikh Hasina, seeking expeditious interventions from the international community for a permanent solution to the crisis. Requesting the international community to understand the un-tenability of the situation, the premier said the crisis is now going beyond the camps. The premier in her last proposal said the international community must ensure that the root causes of Rohingya problem area addressed and the violation of human rights and other atrocity crimes committed against the Rohingyas are accounted for.

HPM Sheikh Hasina receives ‘Vaccine Hero’ award

HPM Prime Minister Sheikh Hasina has received the prestigious Vaccine Hero award in recognition of Bangladesh’s outstanding success in vaccination to immunise children. Global Alliance for Vaccines and Immunisation (GAVI) conferred the award upon the PM at a ceremony at a conference room of the UN Headquarters last week. Dedicating the award to the people of Bangladesh, the Premier said “this award is not mine; it is the award of the people of Bangladesh.”

HPM Sheikh Hasina receives UNICEF award for youth skill development

The United Nations Children's Fund or UNICEF has honoured Prime Minister Sheikh Hasina with an award for her contributions to skill-based development of young people in Bangladesh. UNICEF Executive Director Henrietta H Fore handed the 'Champion of Skill Development for Youth' award to the prime minister at a ceremony in New York last week. Henrietta lauded HPM Sheikh Hasina's government for its emphasis on education and for implementing ‘National Skill Development Policy’. At least 2 million young people enter the Bangladesh workforce every year, said HPM Sheikh Hasina. “We are focusing on the skill development of the young people and have taken different initiatives to instill proper knowledge and skills in them,” she said.

Bangladesh among top 20 improvers: WB

Bangladesh is among the top-20 “Improvers in Doing Business 2020” as the country has implemented various reform initiatives to make a business-friendly environment, according to a World Bank (WB) report. The report, available on the WB website, says Bangladesh made it easier for entrepreneurs to start a business, obtain an electrical connection and access credit. Among other initiatives, Bangladesh lowered the name clearance fee for new company registration, abolished digital certification fees and reduced registration fee calculations based on share capital.

Bangladesh to clock highest growth in Asia this year: ADB

The Bangladesh economy will grow at 8% this fiscal year, which would be the highest in Asia, as per the latest forecast of the Asian Development Bank. The Manila-based multilateral lender disclosed the growth forecast while releasing its ‘Asian Development Outlook 2019 Update’ at its office in Dhaka. “Buoyant exports, robust private consumption, higher remittance, accommodative monetary policy and ongoing reform to improve business climate and high infrastructure spending helped Bangladesh attain high growth,” the report said.

Bangladesh joins global forum for green growth

Bangladesh joined the Partnering for Green Growth and the Global Goals 2030 (P4G), which was officially announced at an event held in New York on the sidelines of the 74th UN General Assembly. Indonesia and South Africa also joined the forum yesterday along with Bangladesh. In his speech marking Bangladesh’s inclusion into this prestigious global forum, State Minister for Foreign Affairs M Shahriar Alam said P4G would provide much needed new and innovative approaches and business models for Bangladesh’s graduation from the least developed country’s category.

Remittance soars 16.54% in Q1

Remittance increased 16.54% year-on-year to $4.51 billion in the first quarter of the fiscal year thanks to a government move that provides 2 percent cash subsidy to remitters for sending money through official channels. As per a central bank notice, for amounts of up to $1,500 expatriates will receive 2 percent cash incentive directly to their accounts without any verification from this fiscal year. For amounts of upwards of $1,500, sources of income and other documents will have to be presented.

ADB provides $150 million for developing fast-growing Dhaka, Khulna city regions

The government has signed agreements for $150 million to finance crucial infrastructure such as roads and drains and build capacity in two densely populated and fast-growing city regions of Dhaka and Khulna. The project will bolster growth, enhance living standards, and improve mobility, flood resilience, and solid waste management in Dhaka and Khulna city regions. “By improving institutional capacity and community awareness, the project will strengthen municipal governance, institutional coordination, and sustainable service delivery.”

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