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Private Sector Innovation Vital for Bangladesh’s Sustainable Development: UN
Gwyn Lewis, the UN Resident Coordinator in Bangladesh, underscored the pivotal role of the private sector in driving comprehensive and sustainable development within the nation. She emphasized the necessity for innovation, collaboration, and financial support from the private sector to aid the government in attaining the UN Sustainable Development Goals (SDGs) in Bangladesh by 2030.
During the inaugural formal meeting, the UN Resident Coordinator warmly welcomed the establishment of the Bangladesh Private Sector Working Committee (BPSWC) along with its subcommittees. These thematic groups, aligned with the country’s SDGs, aim to expedite the implementation of sustainable development objectives through close collaboration between the Government of Bangladesh, the United Nations, and both national and international development organizations.
The committee’s first working meeting, held on Wednesday (August 9), saw the formal selection of the group members. The event was attended by around fifty heads of Bangladeshi private companies, representatives from development organizations, and various UN agency representatives.
The proceedings commenced with opening remarks from key figures including Md. Jashim Uddin, the President of the Federation of Bangladesh Chamber of Commerce & Industries (FBCCI) and Chairman of BPSWC, as well as Ardashir Kabir, President of the Bangladesh Employers’ Federation (BEF). Their comments highlighted the significance of the private sector’s contribution to an inclusive and sustainable development approach.
The UN Resident Coordinator, in her address, commended the initiative and urged active and coordinated involvement from the private sector in achieving the SDGs in Bangladesh. She expressed her warm welcome to the inaugural meeting of the Bangladesh Private Sector Working Committee and its newly formed Thematic SDG Working Groups. These groups, comprising five divisions, are designed to enhance private sector engagement and expedite efforts toward the 2030 Agenda for Sustainable Development.
Launched in May 2023 by FBCCI, BEF, and the UN Resident Coordinator’s Office in Bangladesh, the establishment of these groups stands as one of the committee’s initial endeavors. The Bangladesh Private Sector Working Committee was instituted to facilitate collaboration between the country’s private sector, the Government of Bangladesh, the UN, and both national and international development organizations. Its primary focus is on critical challenges like job creation, youth employment, and fostering conducive working environments—all essential components in realizing the Sustainable Development Goals.
The meeting also saw the participation of UN representatives in Bangladesh, including notable figures from various UN agencies aligned with the UN’s 2022-26 Sustainable Development Cooperation Framework. Notable names such as Gitanjali Singh from UN Women Bangladesh, Tuomo Poutiainen from ILO Bangladesh, Van Nguyen from UNDP, Emma Brigham from UNICEF, Nur Khondaker from FAO Bangladesh, and Dr. Vibhavendra S Raghuvanshi from UNFPA Bangladesh attended the event, demonstrating a unified commitment to advancing sustainable development.
Weekly Dhaka Stock Exchange, DSE, Dhaka Bourse has seen a negative performance in Indices, Turnover & Market Capitalization throughout the whole week, This information was disclosed in the weekly market review from the DSE.
According to sources, (5 working days) the turnover of DSE lost by Tk 3 thousand 289 crore 7 lakh (August 18 – August 22). At the same time, the market capitalization has decreased by 16 thousand 132 crore 59 lakh taka.
The benchmark index ‘DSEX’ lost by 203.92 points or 3.45 percent, in the outgoing week. At the end of the week, the index stands at 5,699 points. The Shariah-based index ‘DSES’ dropped 45.64 points or 3.61 percent and therefore the index stands at 1,264 points. The blue-chip index ‘DS30’ decreased by 88.76 points or 4.07 percent, hence the index stands at 2,090 points.
Shares and units worth 3 thousand 122 crore 5 lakh taka were traded in Dhaka Stock Exchange. At the end of the week, the market capitalization stood at 6 lakh 92 thousand 831 crore 80 lakh taka.
Shares and units of 394 companies were traded on Bourse during the week. Of these, 5 shares were unchanged, 357 companies declined, and 32 companies advanced.
Grameenphone Limited has ranked at the top of weekly trading on DSE. The Company records an average turnover of 57 crore 69 lakh taka.
Midland Bank PLC ranked at the top of weekly gainers on DSE. The share has risen 12.09 percent to its highest price.
SEML FBLSL Growth Fund has ranked at the top of weekly losers on DSE. The unit has dropped 14.52 percent lowest in the last week.
Prime Minister Sheikh Hasina today offered solace to the families of those killed during the chaos instigated by BNP-Jamaat terrorists, who exploited the recent quota reform movement. The grieving families met her at her official residence, Ganabhaban.
Among the bereaved were the family members of Abu Sayeed, a student from the English Department at Begum Rokeya University, Rangpur (BRUR), along with 33 other families. Sheikh Hasina presented them with saving certificates and cash as a gesture of assistance.
The sight of the prime minister brought the grieving families to tears. As each family member approached Sheikh Hasina, their emotions overflowed, and they broke down crying.
The prime minister, visibly moved, also struggled to contain her emotions. Tears streamed down her face as she listened to their stories, and she appeared deeply distressed.
In her attempt to console the families, Sheikh Hasina shared her own pain, saying, “Look at me, I am living with so much pain.” She reassured them of her support, expressing that she, too, understands the agony of losing loved ones. “It’s my misery that I have to see your tears,” she continued.
The atmosphere at Ganabhaban was heart-wrenching, filled with grief and shared sorrow.
Present at the event were Speaker Shirin Sharmin Chaudhury and Home Minister Asaduzzaman Khan, with Prime Minister’s Office Secretary Mohammad Salahuddin moderating the proceedings.
Abu Sayeed’s father Makbul Hossain, mother Monwara Begum, and other relatives traveled from Rangpur to Dhaka and attended the gathering at Ganabhaban.
Abu Sayeed, a 12th batch student in the English Department at BRUR, died on July 16 during the quota reform movement in Rangpur. Earlier, on July 26, the BRUR administration provided financial support to Sayeed’s family, delivering a cheque of Taka 750,000 to his parents in Pirganj, Rangpur.
Dhaka Stock Market DSE, Bourse on the first working day of the week, 28th July, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
488 crore 38 lakh taka shares were traded on this day. 8 crore 96 lakh less tradings were done in DSE today compared to the previous workday, July 25th, Shares worth Tk 497 crores 34 lakh shares were traded last time, Thursday.
The benchmark DSEX decreased 29.92 points or 5,383 The Shariah-based index DSES lost 5.65 points or 1,177 and the blue-chip index DS30 dropped by 11.51 points or 1,951.
Of the issues traded, 88 advanced, 261 declined and 43 remained unchanged.
Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 4.20 paisa or 9.93 percent. On this day, the share was last traded at Tk 46.50 paisa.
Shurwid Industries Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 3.00 percent. On this day, the share was last traded at Tk 9.70 paisa.
DSE topped on trade is Agni Systems Limited 28 crore 71 lakh takas of company shares have been traded.
A total of 33 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 31 lakh 74 thousand 737 shares of the companies were traded. The financial value of which is 30 crore 93 lakh taka
