China’s economic recovery has great importance for world: OECD expert

The full recovery of the Chinese economy is of great importance for the world, Margit Molnar, head of the China Desk of the Organization for Economic Co-operation and Development (OECD), told Xinhua in a recent interview."China was the first country to fully recover. Look at the GDP (gross domestic product) data in the third quarter in seasonally adjusted terms, it has already reached the pre-crisis levels," said the chief China economist at the Paris-based organization."That has a very big importance for the world because it means the second biggest economy in the world has recovered. This means a huge source of demand for all the other countries," she said.Even before it reached its full recovery, China had been able to provide all the goods that had been in demand in other countries, for instance, masks and other protective equipment in very large quantities in the first quarter of this year, Molnar noted. "Then it (China) was switching towards goods re...

NBR to reward VAT payers using EFD through lottery: Muneem

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem on Thursday said that the Board would award those VAT payers from January through lottery who would pay VAT through Electronic Fiscal Devices (EFDs).Muneem said the invoices of the VAT payers would go through lottery process from January and after that the winners would be awarded by the Board to make the EFDs much more popular and thus create a healthy competition among the businesses to pay VAT.The NBR Chairman said this whil...

Telenor, GP, UNICEF bring Digiworld Bangla

Grameenphone, Telenor and UNICEF announced the launch of 'Digiworld Bangla', a learning resource designed in Bangla to help children between the ages of 5 and 16 develop online understanding and strengthen digita...

First Bangladeshi gets Minu Memorial Award in Korea

Film Director Sheikh Al Mamun has been awarded the Minu Memorial Award as the first Bangladeshi, in recognition of his work in helping to increase the rights of migrant workers for many years.The Minu Memorial Award is given by the supporters of the late Minod Moktan, a late migrant worker in Nepal, in recognition of his work.Sheikh Al Mamun, 45, came to Korea in 1992 to work for a furniture company in Namiangju, Gyeongido Province. Sheikh Al Mamun is a naturalized Korean. But seeing the bad work environment and the widespread discrimination against migrant workers, he and his colleagues raised their voices against it. He has been involved in various labour rights movements since 2001. In 2013, he was appointed as a senior member of the Migrant Workers Union under the Korean Confederation ...

BNP’s Jahidur Rahman takes oath

Chattogram-Khulna, Barishal-Rajshahi confront today

Gazi group Chattogram will take on Gemcon Khulna in the first match of the day while Fortune Barishal will face off Minister Group Rajshahi in the second game today. All of the matches of the tournament will be played at the ‘Home of Cricket’ Sher-e-Bangla National Cricket Stadium.The first match is at 1.30 PM while the second game starts at 6.30 PM. State run Bangladesh Television and country’s new sports channel T Sports will telecast the matches live....

Messy Covid-gears disposal rings alarm

It is disturbing to note that only 6.6 percent of Covid-19 medical waste including masks, gloves and other personal protective equipment (PPE) are properly managed and the remaining 93 percent wastes ...

International companies dodge Tk 60b in tax every year

Tax evasion has been a problem plaguing the country for a long time. The numbers shown by a recent report of Tax Justice Network are quite disconcerting, to say the least. A huge amount of money is being transferred by multinational companies to tax ...

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