Experts for alignment of capital market with global ESG standards, fostering transparency

Experts at a workshop on Wednesday stressed aligning country’s capital markets with global ESG Standards, fostering greater transparency, investor confidence, and sustainable development.They laid emphasis on strengthening environmental, social and governance (ESG) disclosure practices in Bangladesh for fostering greater transparency, confidence of investors and sustainable development.They made the call at the workshop on ‘International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards’, held on Monday at DSE multipurpose hall in the city, said a press release.The Dhaka Stock Exchange PLC (DSE), in collaboration with the International Finance Corporation (IFC), a member of the World Bank Group, hosted the workshop.Chief financial officers, company secretaries and senior officials of listed companies participated in this programme. The workshop was made possible with the support of the Swiss State Secretariat for Economic Affairs (SECO) through ...

Netherlands Embassy officials inspect revolving grand fund activities at Karmasangsthan Bank in Thakurgaon

Thijs Woudstra, Deputy Head of Mission of the Netherlands Embassy, visited the activities related to the Special Revolving Grand Fund in the Karmasangsthan Bank Thakurgaon district. Deputy Head of Mission of the Embassy of the Kingdom of the Netherlands (EKN) Thijs Woudstra and Senior Policy Advisor-Social Sector Mushfiqua Zaman Satiar visited Thakurgaon on 20 November for observing activities related to Special Revolving Grand Fund in Karmasangsthan Bank under UNCDF's WING program.&nbs...

Prime Bank inks deal with Concord Architects

Prime Bank PLC., a leading financial institution committed to innovation and customer-centric financial solutions, has recently signed an agreement with Concord Architects & Interior Decor Limited at bank’s cor...

Rizwana for coordination among local, int’l organisations for climate finance

Syeda Rizwana Hasan, advisor to the Ministry of Environment, Forests and Climate Change; has emphasized the importance of coordination among local, national, bilateral, multilateral financial institutions (MFIs), and development partners to access climate finance.She was speaking at an event titled ‘The Feasibility of Establishing NGO-MFI Resource Pools in Bangladesh for Loss and Damage' at world climate meet - COP29 being held in Baku of Azerbaijan. The event took place on Wednesday. Syeda Rizwana Hasan said, “Effective resource pooling is crucial to bridging financial gaps and achieving our development goals.”Later, at another COP29 session titled 'Climate Crisis: Women and Water Governance in Bangladesh', the Environment Adviser highlighted the critica...

New IGP Baharul Alam, Sheikh Sajjad Ali new DMP Commissioner

Bangladesh face Windies tomorrow without ‘big five

Bangladesh cricket is set to enter a new era in Test cricket as they face the West Indies in the first of two World Test Championship matches, starting on Friday in Antigua.This match will mark the first time the Tigers have played a Test without any of their 'Big Five' - Shakib Al Hasan, Tamim Iqbal, Mahmudullah Riyad, Mushfiqur Rahim, and Mashrafe Mortaza - since 2009. While the departure of these stalwarts has been anticipated for some time, the lack of preparation for this transition is concerning.Two primary factors contribute to this issue: the subpar cricketing culture that has hindered the development of new talent, and the perhaps overblown legacy of the 'Big Five'. While their individual heroics have often rescued Bangladesh from difficult situations, their collective achievements do not fully justify the level of hype they have generated.The 'Big Five' played together in 111 matches across all formats, leading Bangladesh to 54 victories. However, this figure is less impressive when considering the number of losses and draws.More significantly, the 'Big Five' were involved in every single Bangladesh match for a 12-year period, highlighting their importance but also the failure of the cricketing system to produce new talent. Since their departure, Bangladesh's performance has remained largely unchanged.The upcoming series against the West Indies presents an opportunity for Bangladesh to break free from their cycle of mediocrity. Recent results, including heavy defeats to South Africa and India, highlight the challenges they face....

Mankind’s first ascension into the skies

Two courageous pioneers Pilâtre de Rozier and the Marquis d’Arlandes attained what was once thought not possible—they ascended into the skies of Paris in a Montgolfier hot air balloo...

The enduring relevance of the Gettysburg Address

President Abraham Lincoln delivered the Gettysburg Address on November 19, 1863, a speech that stands as a significant moment in American history. At the dedication of the Soldiers’ National Cemetery, amid the wreckage of the Civil War’s ...

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