by: F R Chowdhury In democratic system, politicians exploit the mistakes of the opposition. They do so with their own reasons and justifications, they want to prove how wrong the other party was and at the same time project their own views and programmes on the same subject to gain popular support. However, politicians always [...]
By Andrew Quinn DHAKA | Sun May 6, 2012 (Reuters) – U.S. Secretary of State Hillary Clinton on Sunday warned Bangladesh’s government not to undermine pioneering microlender Grameen Bank, saying it was a key driver in the South Asian nation’s slow climb out of poverty. Clinton met with Grameen’s ousted founder – Nobel Prize-winning economics professor Mohammad Yunus [...]
Continue reading …By Associated Press DHAKA, Bangladesh — Bangladesh’s government will investigate 54 businesses linked to the pioneering small loan agency Grameen Bank founded by Nobel laureate Muhammad Yunus, reports said Monday. Prothom Alo and the Daily Star newspapers quoted Finance Minister A.M.A. Muhith as saying most of the businesses had not been authorized by the bank’s board. [...]
Continue reading …There is an acute shortage of skilled nurses both at home and abroad, and Bangladeshi girls can take advantage of it and thus pursue their own dreams, said Nobel laureate “We’ve three doctors per nurse…and globally there’s a huge shortage of nurses…being trained, anybody can fill up those vacancies,” he told his audience at a [...]
Continue reading …In August, Bangladeshi police broke up a ring of human organ dealers operating in Joypurhat, a district in the north of the country. Investigators say that three local “brokers” preyed on a large pool of indebted farmers, who agreed to part with a kidney or a chunk of their liver for a couple thousand dollars—enough [...]
Continue reading …Syful Islam: The government has started to inquire about Grameen Bank founder Nobel laureate Prof Dr Muhammad Yunus’s social businesses as it suspects lack of transparency in their investment and operation, officials said Sunday. Finance Minister AMA Muhith last Thursday wrote to Executive Chairman of Board of Investment (BoI) Dr S A Samad [...]
Continue reading …Grameen’s business empire Property rights in peril in Bangladesh Jan 28th 2012 | from the print edition Some day, all this will belong to the state HE IS probably Bangladesh’s most celebrated citizen. Muhammad Yunus, winner of the 2006 Nobel peace prize, founded Grameen Bank in 1983 to provide tiny loans to poor rural women. [...]
Continue reading …DHAKA — Bangladesh’s microfinance pioneer Muhammad Yunus is seeking a review of a Supreme Court judgement that upheld his dismissal from his Nobel prize-winning Grameen Bank, his lawyer said on Thursday. Yunus was fired by the central bank on March 2 this year for exceeding the mandatory retirement age. The 70-year-old “banker to the poor” [...]
Continue reading …At her first meeting with Bangladesh Foreign Minister Dipu Moni in two years, US Secretary of State Hillary Clinton has conveyed her country’s concern over the Nobel Prize-winning Grameen Bank and the removal of its reputed managing director Prof Muhammad Yunus. In remarks before the meeting formally got under way on Wednesday at the State [...]
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