Dhaka, Oct 5 (UNB) - The 74th UN General Assembly’s high-level side event on ‘Social Business, Youth and Technology’ was recently held at the UN Headquarters.
The theme for the event was ‘Innovate Together for Achieving the Sustainable Development Goals and Climate Actions through Social Business’.
The event on Social Business is being organised for the third consecutive year at UNHQ during UNGA, said a press release from Yunus Centre.
Heads of states and ministers, Nobel laureates, UN SDG advocates, representatives from UN agencies and international organisations, business and academic leaders from universities and think tanks, innovators, social entrepreneurs and young leaders attended the event.
Nobel Laureate Prof Muhammad Yunus chaired the Global Committee on Social Business for Sustainable Development Goals aiming to build a global cross-sector and cross-generational partner network for achieving the SDGs.
This year’s event was hosted by Ghana, Cape Verde, and Global Committee on Social Business for Sustainable Development Goals, co-sponsored by France, Luxembourg, Saint Lucia, in partnership with Nigeria. It was co-curated by Yunus Centre, Bangladesh, the Yunus And You Foundation of Germany and Youthink Center of China.
Ulisses Correia e Silva, Prime Minister of Cape Verde, Sunday Dare, Minister of Youth and Sports Development of the Federal Republic Nigeria, former environment minister of Brazil and activist Prof Marina Silva, Christophe Itier, French High Commissioner for Social and Solidarity Economy and Social Innovation and Dr Daniel Gustafson, Deputy Director-General of FAO, Rocky Dawuni, UN Goodwill Ambassador for Africa for UN Environment and Professor Muhammad Yunus made the opening addresses.
The focus of the deliberations was to build a global ecosystem to support social business, youth and technology for SDGs, promote cross-sector and generational partnerships for innovation and development while building a global network to support youth on technical innovation through social business.
Partners launched their innovations, made commitments and shared their action plan on Climate Action and achieving SDGs.
Prof Yunus highlighted the issue that rural economy should not be looked at as an appendix to the urban economy as supplier of labour to the urban economy.
Rural economy should be seen as independent self-reliant dynamic growth centres, he added.
He said it is wrong to categorise people only as farmers, they should be viewed as entrepreneurs all possibilities, including state of the art technology, retailing, transportation etc.
He suggested building appropriate institutions to support their entrepreneurship.
Dhaka, Oct 2 (UNB)- Islami Bank Bangladesh Limited (IBBL) inaugurated its Rural Development Scheme (Small Investment) Campaign with the slogan “Expansion of Small Investment, Development of Rural Bangladesh” on Tuesday.
Md Mahbub ul Alam, Managing Director & CEO of the bank inaugurated the campaign at Islami Bank Tower as the chief guest.
Mohammed Monirul Moula, Additional Managing Director, Abu Reza Md Yeahia and Md Saleh Iqbal, Deputy Managing Directors addressed the programme as special guests.
Presided over by Md Abdul Jabbar, Deputy Managing Director, the program was addressed by M Zubayer Azam Helali, Executive Vice President and Head of Rural Development Division of the bank.
Executives and Employees of Head Office and Zones in Dhaka City were also present in the programme.
Bangkok, Oct 2 (AP/UNB) — Global stocks fell on Wednesday and Wall Street was expected to slide on the open after a discouraging report on U.S. manufacturing dampened the economic outlook.
Tuesday's report showed that manufacturing weakened in September for the second straight month as U.S. President Donald Trump's trade war with China dragged on confidence and factory activity.
It dashed economists' belief that August's contraction was an aberration, and stocks and bond yields immediately reversed course to drop sharply lower.
Wall Street looked set to extend losses Wednesday, with the future contract for the S&P 500 down 0.6% to 2,921. The Dow future was also down 0.6% at 26,363.
In Europe, Germany's DAX declined 1.4% to 12,088 after a group of leading think tanks joined the German government and others in cutting its economic forecast for Europe's largest economy. The CAC 40 in Paris shed 1.7% to 5,503.
Britain's FTSE 100 sank 2% to 7,212 after Prime Minister Boris Johnson said there would be "grave consequences for trust in our democracy" if Brexit is delayed beyond Oct. 31.
Johnson said his final proposal Wednesday is a "fair and reasonable compromise," but it is likely to face deep skepticism from EU leaders, who doubt the U.K. has a workable plan to avoid checks on goods or people crossing the border between EU member Ireland and the U.K.'s Northern Ireland after Brexit.
In Asia, Japan's Nikkei 225 index shed 0.5% to 21,778.61 while the Hang Seng in Hong Kong lost 0.2% to 26,042.69. Sydney's S&P ASX 200 gave up 1.5% to 6,639.90.
Markets in mainland China were closed for National Day holidays. They reopen on Oct. 8. India's markets area also closed.
The Kospi in South Korea sank 2% to 2,031.91 after North Korea fired a ballistic missile toward the sea, according to South Korea's military. The display of Pyongyang's expanding military capabilities came just hours after it said it would resume nuclear diplomacy with the United States this weekend.
Manufacturing is a relatively small part of the U.S. economy, but investors fear the doldrums might spill into other areas. That puts an even bigger spotlight on a jobs report due out Friday, which economists expect to show an acceleration in hiring.
"Granted, manufacturing equates to a mere 11% of U.S. GDP, but the market ... is incredibly sensitive to the outcome," said Chris Weston of brokage Pepperstone.
The protracted trade war with China is hammering export manufacturing. It also raises uncertainties over the future rules of international trade, causing CEOs to curb spending.
ENERGY: Benchmark crude oil rebounded, gaining 22 cents to $53.84 per barrel in electronic trading on the New York Mercantile Exchange. It fell 45 cents to $53.62 a barrel on Tuesday. Brent crude oil, the international standard, was flat at $58.89 per barrel.
CURRENCIES: The dollar slipped to 107.52 Japanese yen from 107.73 yen on Tuesday. The euro dropped to $1.0930.
Dhaka, Oct 1 (UNB) - Islami Bank Bangladesh Limited (IBBL) on Tuesday signed an agreement with Dhaka Power Distribution Company Limited (DPDC) over collecting postpaid and prepaid electricity bill at Biddut Bhaban.
Presided over by Engineer Bikash Dewan, Managing Director of DPDC, the program was addressed by Md Mahbub ul Alam, Managing Director and CEO of IBBL as chief guest. Mohammed Monirul Moula, Additional Managing Director of IBBL and Md Golam Mostafa, Executive Director (Finance) of DPDC also addressed the programme.
Abu Reza Md Yeahia, Deputy Managing Director of IBBL and Md. Asaduzzaman, Company Secretary of DPDC signed the agreement on behalf of their respective companies.
This agreement will facilitate the customers of DPDC to pay their electricity bills through any branch, agent banking outlet and banking booth of IBBL through online.
Dhaka, Oct 1 (UNB)- Walton, a local electronics brand has on Tuesday started importing compressors of refrigerator to the Middle East country Iraq.
Walton authorities also hoped to expand their business in the middle-east countries with various other products.
As Walton has own compressor manufacturing facilities, compressor parts and components are already being exported to many renowned manufacturers around the globe including Germany, Slovakia and Austria. Walton is also in advancement to establishing compressor brand business in Russia, Europe, Middle East and Africa.
Mohanad Al Drraji, Charges d'Affaires of the embassy of Iraq to Bangladesh, inaugurated the compressor export in a function at Walton Hi-Tech Industries Ltd. (WHIL) in Chandra of Gazipur on Tuesday as the chief guest.
The function was also attended by SMAshraful Alam, Managing Director of WHIL and Director SM Rezaul Alam among others.
Walton’s Chief Technical Officer EM Young, International Business Unit (IBU) President Edward Kim, Chief Executive Officer of Walton Refrigerator (CEO) Gulam Murshed,Executive Directors Humayun Kabir, Uday Hakim and Yousuf Ali, COO of Compressor Meer Muzahedin Islam, Deputy Executive Director Firoj Alam, Shahjada Salim, Media Adviser Enayet Ferdous, Senior Additional Director Abdur Rouf and Mohashin Ali Molla were also present on the occasion.