Breaking News
October 24, 2021 - Father-Daughter Chemistry in Bangladesh’s Development
October 24, 2021 - Communal violence: An extreme form of violation
October 24, 2021 - Global oil prices won’t decline until 2023: WB
October 24, 2021 - BMW committed to emissions free transport at main plant
October 24, 2021 - S M Parvez Tamal, Chairman of NRBC Bank Limited, inaugurating 19 sub-branches of the bank virtually on Thursday.
October 24, 2021 - Abdus Salam Azad, CEO & Managing Director of Janata Bank Limited, presiding over the Managers Conference of Dhaka North Zone of the bank at its divisional office in the capital on Saturday. Md. Abdul Zabbar, DMD and other senior officials were present.
October 22, 2021 - Robi to sell all of its towers
October 22, 2021 - Impact of social media and social networks on human behaviour
October 22, 2021 - Inflation hurts common people in Bangladesh
October 22, 2021 - MTB celebrates customer service week
October 22, 2021 - HSBC Bangladesh celebrates international customer service week
October 22, 2021 - Kazi Sanaul Hoq, Chairman along with Md. Obayed Ullah Al Masud, Managing Director of Rupali Bank Limited, celebrating the 58th birthday of Sheikh Russel, by cutting a cake at the banks head office in the capital on Monday. All directors and senior executives of the bank were present.
October 22, 2021 - Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited (FSIBL), inaugurating a new branch of the bank at Amtali in Barguna on Thursday. Senior officials of the bank and local elites were present
October 22, 2021 - Nabila returned after one year
October 22, 2021 - PM: Focus on fostering communal harmony
October 20, 2021 - Save communal harmony
October 20, 2021 - Eid-e-Miladunnabi observed across Bangladesh
October 20, 2021 - Bangladesh among few economies which sees 5.5% growth in 2021: Kamal
October 20, 2021 - A tourist-friendly Cox’s Bazar beach
October 20, 2021 - Factory owners must not feel harassed during inspection’
October 20, 2021 - ncrease in FDI leads to recovery of 70pc loss due to Covid-19: UNCTAD
October 20, 2021 - M. Shamsul Arefin, AMD of South Bangla Agriculture and Commerce (SBAC) Bank Limited, inaugurating a new sub branch of the bank at K Ali Road, Mithapukurpar in Bagerhat on Tuesday through virtually. Senior officials of the bank were present.
October 20, 2021 - Sheikh Russel: the child who embodies the spirit of freedom struggle
October 17, 2021 - Brighter Future for Bangladesh Apparel Industry
October 17, 2021 - AB Bank Limited recently re-launched money transfer services with Western Union. Tarique Afzal, President & Managing Director of the bank and Noor Elahi, Country Manager of Western Union attended the signing ceremony along with Sajjad Hussain, AMD of the bank, Shihabul Hasan from Western Union and other senior executives from both organizations were present.
October 17, 2021 - Sheikh Rakibul Karim, CEO (acting) of Guardian Life Insurance Limited (GLIL), inaugurates the “Guardian Key Person Insurance Plan” at its head office in the capital recently. Mahmudur Rahman Khan, SEVP & Head of Retail Business, Shamim Ahmed, EVP & Chief Operating Officer, Tahsinur Rahim, EVP & Head of Internal Audit & Compliance, Mohammad Masuduzzaman Khan, EVP & Head of Underwriting & Policy Servicing Department and other senior management officers of the company were present.
October 13, 2021 - M. Shamsul Arefin, AMD of South Bangla Agriculture and Commerce (SBAC) Bank Limited and Md. Manzurul Karim, General Manager (Sales & Marketing) of Esquire Electronics Limited, exchanging document after signing an agreement at the bank’s head office on Monday. Under the deal, SBAC Bank Credit Cardholders & employees will enjoy 0% EMI facility up to 12 months on purchases all products of the electronic company. Senior officials from both sides were present.
October 13, 2021 - Ehsan Khasru, Managing Director and CEO of Padma Bank Limited, inaugurating the bank’s relocated Dhanmondi branch in the capital recently. Zabed Amin, Chief Operating Officer and other senior officials of the bank were present.
October 13, 2021 - Subhash Chandra Sarker, Director of Bangladesh Development Bank Limited (BDBL), inaugurating the bank’s 48th branch at Post Office Road in Feni on Monday as chief guest. Kazi Alamgir, Managing Director & CEO of the bank and local elites were present.
October 7, 2021 - Reforming education system in Bangladesh

BBS to reveal quarterly GDP growth stats

Alongside revealing the annual growth statistics, the Bangladesh Bureau of Statistics (BBS) is working to divulge GDP growth statistics on quarterly basis, said Planning Minister MA Mannan.
“The work on preparing quarterly growth statistics will start likely from this quarter and we’ll gradually step into a new system. Alongside this, the existing system of making public the annual statistics will also continue,” he said.
The Planning Minister said this while addressing a stakeholder consultation workshop as the chief guest on “Quarterly National Accounts” organized by Bangladesh Bureau of Statistics (BBS) on Thursday held at its auditorium in the capital.
State Minister for Planning Dr Shamsul Alam spoke on the occasion as the special guest chaired by Statistics and Informatics Division Secretary Muhammad Yamin Chowdhury. BBS Director General Md Tajul Islam also spoke.
Mannan said necessary approval from the head of the government has already been taken for revealing quarterly information on GDP and the BBS would accordingly do that.
He said once the data on quarterly GDP is available, it would also help to know the financial health of the country.
The Planning Minister said that the officials and other staffs of the BBS are capable enough to prepare the growth statistics on quarterly basis as they have necessary skills, experience and wisdom.
He also assured that the Statistics Division and the BBS would get all necessary support including technological and financial ones from the government to carry out such kind of new task.
Mannan also asked the BBS officials to stay in touch with the peers in discharging their duties and responsibilities as the country has cultural similarity with India, Pakistan, Sri Lanka, Nepal, and Myanmar.
State Minister for Planning Dr Shamsul Alam said this is a red letter day for BBS as they are introducing quarterly national accounts for the first time.
He said this quarterly account will help the government to prepare for-actions for any kind of economic anomalies. “If GDP falls in a specific quarter or prices rise beyond normal trend, then the government could take measures necessary for restoring the GDP or smoothing the prices through allowing imports in the next quarter,” he added.
The State Minister said the BBS can start accounting regional/ district GDP as it will help districts that are less productive and prone to economic vulnerability to be more productive and prosperous by addressing through ADP interventions.
“Finally, the data of quarterly accounts of GDP must be available immediately after a quarter ends so that the data use can be fruitful and pertinent for all. If it fails to deliver the data in time, it’s relevancy will be lost”. He added.
The workshop was informed that currently the importance of quarterly GDP is recognized throughout the world while there is also a demand for quarterly GDP from different domestic and international agencies and from users of macroeconomic aggregates.
Against this backdrop, the BBS feels a dire need to estimate quarterly GDP and it is expected that quarterly GDP estimation would be an integral part of regular activities of BBS.

About author

AWARD

Pori to act in Tauquir’s next

Pori to act in Tauquir’s next

RN Desk;Pori Moni will be seen as the heroine in Tauquir Ahmed’s next film. She will be accompanied by Lux…

Reflection Team

বাংলা

আবদুল্লাহ বঙ্গবন্ধুর আদর্শের পরীক্ষিত সৈনিক ছিলেন: প্রধানমন্ত্রী

আবদুল্লাহ বঙ্গবন্ধুর আদর্শের পরীক্ষিত সৈনিক ছিলেন: প্রধানমন্ত্রী

: প্রধানমন্ত্রী শেখ হাসিনা ধর্ম বিষয়ক প্রতিমন্ত্রী ও একাত্তরের মুক্তিযুদ্ধের প্রবীণ নেতা অ্যাডভোকেট শেখ মোহাম্মদ আবদুল্লাহর মৃত্যুতে শোক জানিয়েছেন। এক…

Recent Video

Photo Gallery

Folder not found
wp-content/uploads/2012/02/