Tag: The Daily Star

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Business

‘The storm over Bangladesh economy has blown over’

'The storm
'The storm

Bangladesh might be one of only two ASEAN and South Asian economies to register positive growth in 2020 despite a global recession that is shaping up to be historic in scale, according to Standard Chartered Bank’s research team.

“The worst has passed us,” said Saurav Anand, an economist of Standard Chartered for South Asia.

The economy faced challenges between April and June,

Now, there are early signs of recovery in some pockets after the economy started opening up from June, he said at a webinar styled ‘Standard Chartered Global Research Briefing Media Engagement Session’ yesterday.

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Business

Will attain double digit in ease of doing business index in 2021: Salman F Rahman

Salman F Rahman
Salman F Rahman

Private Industry and Investment Adviser to the Prime Minister Salman F Rahman on Wednesday said Bangladesh will attain double digit next year in the global ranking of ease of doing business.

He made the remark at a virtual meeting for the launching of three new services on the Online One Stop Service Portal of Bangladesh Investment Development Authority (BIDA).

Verification of National Identity Card, Security Clearance of Security Services Department and Land Use Clearance of Chittagong Development Authority services were formally launched through the virtual meeting.

Inaugurating the function, Salman F Rahman called upon all to work collectively to increase local and international investment.

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Categories
Cricket

IPL gets nod for UAE, invites new title sponsor

IPL gets
IPL gets

India’s cricket board (BCCI) has received government permission to stage this year’s Indian Premier League (IPL) in the United Arab Emirates, the league’s chairman Brijesh Patel told Reuters on Monday.

The BCCI had earlier announced the popular Twenty20 competition, which could not begin in March because of the COVID-19 pandemic, would be played in the UAE from Sept. 19, subject to government approval.

“Yes, we have received the permission from the government to stage the tournament in the UAE,” Patel said by telephone.

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The Daily Star
Categories
National

Flood engulfs over a third of Bangladesh

flood-in-munshiganj
flood-in-munshiganj

Around 37 percent of the country’s total area has been flooded, said Prof AKM Saiful Islam, of Buet’s Institute of Water and Flood Management, after analysing satellite images.

People of low-lying areas are the worst affected victims of this natural disaster. Some of them have been waterlogged for over a month, he told The Daily Star yesterday.

In 1998, around 68 percent of the country was inundated, 61 percent in 1988, 42 percent in 2007 and 2017, and 38 percent in 2004, Prof Saiful mentioned.

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The Daily Star