How to Set Personal Goals in Midlife to Live Your Best Days

The age that society refers to as midlife is over the age of forty-five. People go through a significant life change during this stage, such as family issues, changes in careers, etc. Even if middle-aged people may have had successful career paths, good families, or relationships, it is common to feel that not all the things are turning out the way they had hoped. Setting personal goals in mifddle-age can give people new hopes for living the rest of their lives in peaceful ways. Let’s discuss how to set goals in midlife?

Why Midlife Is Not Too Late to Set Goals

If you are a middle-aged person who has started to sense that something is missing. There is a possibility that the confidence and desire that previously propelled you through life no longer exists. Do not fret! This is a common experience that many individuals have. You may consider it an ideal opportunity to set realistic goals and design the kind of life you truly desire.

Usually, an individual gets motivated to keep moving forward in life if she or he has goals. People can accomplish new things in midlife by defining new objectives for themselves. Setting objectives so late in life may seem counterintuitive, yet in the present era, individuals are living much longer. Midlife is a good time for any person to find fresh meaning.

Read Why Do You Need a Purpose In Life?

According to research published in the Psychological Science journal, finding a life purpose “lowers the chance of mortality.” These results appeared to hold true throughout one’s lifespan, including middle age.

Therefore, happiness may exist and increase at or beyond middle age. In real life, people’s levels of happiness after their 20s reach their highest point at 69. Even more energizing, people frequently experience their greatest levels of happiness in their 80s and even into their 90s.

People who create (and achieve) goals get psychological advantages in addition to living longer. Wth some definitie goals, the middle-aged people may become more driven, accountable, and successful, which can inspire them to interact with other people in novel ways.

Read Sunk Cost Fallacy: Why It’s Better to Forget the Past

Even after reaching midlife, the goal-oriented people get to know themselves better; because, in the process of going for their goals, they grow to understand who they are. Desire and necessity propel them to behave, and this ultimately shapes their sense of who they are in the world.

How to Set Goals in Midlife to Live a Great Life

Hobbies

One’s sense of purpose can get a significant boost by trying out a new activity, such as painting or writing, for example.

If you feel that your job is getting in the way of your hobbies, you can find ways that make them a higher priority. For instance, if you have decided to start a garden, you may set aside some time each week to work on sowing, tending, and expanding your interest in gardening.

Read Spending Money for Happiness: 10 Effective Ways

If you can find the time in your hectic schedule for your favorite hobby, you may discover that you are happier and more fulfilled as a result of this change.

Health

At a younger age, people are constantly working toward improving their physical well-being and setting new goals. A daily trip to the gym lasts one hour, with weight training taking up thirty minutes and cardiovascular exercise accounting for the remaining forty-five minutes.

On the other hand, as the years go by, people’s commitment to maintaining their physical health and adhering to a rigorous workout routine may weaken.

Read Goldilock Rule: How to stay motivated, take challenges in life, career, business

However, reaching midlife you shouldn’t stress about getting back on the horse right away; instead, you should take things one step at a time. You may look for a weekly program that is beneficial for both your health and your busy life, and try to stick to it. A daily stroll or even just twenty minutes can help lower a person’s chance of developing heart disease.

Retirement

When people are getting closer to the age at which they can retire, their thoughts often turn to the amount of money they have put away in their savings accounts. In middle-age, you can start planning to ensure that you will be able to maintain your current standard of living after retirement.

Create concrete objectives that state how much money you want to amass before you retire so that you may live the life you’ve always imagined for yourself once you’ve finished working.

Read Post Retirement Career Planning: How to pick your dream job?

It may seem difficult to estimate how much the later portion of your life will cost. Still making an estimate may provide you with a better knowledge of how much you need and how you can shape your objectives in order to attain the outcomes you want.

Relationships and Children

Midlife brings numerous difficulties, particularly those pertaining to relationships, to the forefront for many individuals.

Someone who has never been committed to a relationship and has chosen to remain single may have concerns about the future. Do they prefer to spend all of their time by themselves? This is a fairly loaded way of framing the issue, of course, and many people will disagree, stating that they are perfectly fine living alone and that they can’t think of anything that would be worse than sharing their flat with another person. The single middle-aged person can make plans accordingly.

Read Self-Accountability: How to Develop Personal Accountability in Life

The issue of children should also be taken into consideration. Those who have not become parents yet should be concerned about the ticking of their biological clock. When they glance at their family, friends, and neighbors, they worry that they will be left behind. They are most concerned about the issue of who will care for them when they are elderly. Be very certain that you are figuring out what it is that you want before you establish such objectives and not what you believe you ought to desire or what the expectations of society are.

However, middle-aged people with children have tensions too. What if all the children have planned to settle abroad or in other cities. Some people start to freak out approaching their 40s. They begin to worry about their deteriorating health and loneliness. Not every parent is ready to spend the last years of their lives alone with nurses or paid caregivers. They may also worry that relatives may consider them a “burden.” So, at midlife, people should make plans to keep themselves happy without the presence of children.

Read 9 Best Countries to Retire Abroad

Conclusion

Congratulating oneself on a job well done can go a long way toward boosting one’s self-confidence and making it simpler to establish and achieve subsequent objectives. Therefore, reaching midlife, spend some time appreciating what you’ve accomplished in life so far. Do the same, once you’ve accomplished a goal.

In addition to that, make sure to examine all of your other plans. How have they evolved over time? Where do you stand with the new priorities? What new knowledge did you obtain? If you establish a strategy and stick to it, you can accomplish any goal in a shorter amount of time.

When you reach your midlife, it’s a good idea to track down where you are in life and where you want to go. So far, we have discussed ways to set goals in middle age to live happily for the rest of your life. Hope it helps!

Source: United News of Bangladesh

BNP’s demo over power crisis is greatest joke of the year: Quader

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader today said the BNP’s demonstration over electricity crisis is the greatest joke of the year.

He made the remarks while addressing a press briefing at his secretariat office here this morning.

Quader said BNP leaders are not looking at the recent trend of world economy, adverse impacts of Russia-Ukraine war and post-Covid economic recovery but they are only seeing the so-called failure of the Prime Minister Sheikh Hasina government, and dreaming of assuming power.

The BNP’s politics is now running following the ostrich policy, he added.

The AL general secretary said the BNP is hiding itself in the sand of global crisis and continues making its poisonous statement against the government.

The BNP has no novelty in its politics and there is no thought for the welfare of the people, he said.

Noting that the prices of fuel, gas, edible oil and fertilisers are still volatile in the international market, Quader said the government continues its efforts to maintain the supply chain of those by providing subsidy for the people’s welfare.

He said the BNP announced the demonstration and it was allowed to do so as it is the democratic right of the party.

But, the AL general secretary, warned if any attempt is made to create anarchy to disrupt peace in the name of protest, the government will handle it with an iron hand considering the public interest.

Referring to the BNP leaders’ talks about electoral democracy, he questioned: “I want to know from BNP secretary general Mirza Fakhrul Islam Alamgir – what type of electoral democracy is it that one does not going to parliament after being elected?”

Quader asked the BNP leaders to look at their own face in the mirror first and then start the practicing democracy in their party.

He said the BNP’s politics hidden behind the mask of democracy is a hideous combination of racial fascism and looting system.

Earlier, UN Resident Coordinator in Bangladesh, Gwyn Lewis paid a courtesy call on Road Transport and Bridges Minister Obaidul Quader at the Secretariat.

Becky Adda-Dontoh, Peace and Development Advisor at United Nations Bangladesh, was present on the occasion.

Source: Bangladesh Sangbad Sangstha (BSS)

Hasina offers Bangladesh land for setting up D-8 economic zone

Prime Minister Sheikh Hasina on Wednesday proposed establishment of a D-8 Economic Zone in Bangladesh for investment by the member countries aimed at accelerating their collective economic growth.

The offer came in five-point proposals she made in her speech at the of the 20th D-8 Council of Ministers meeting at Dhaka’s Hotel InterContinental, joining it through video conferencing from her official residence Ganobhaban.

The prime minister said Bangladesh is ready to provide space at its Special Economic Zones for investment of the member states.

“If it begins the process now, within the next decade, it will have a robust D-8 Economic Zone,” she said.

D-8, also known as Developing-8, is an organization for development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkiye.

Established in 1997, the objectives of the forum are to improve member states’ position in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at international level and improve standards of living.

PM Hasina said time has come for the 25-year-old forum to expand its focus also on implementation of Preferential Trade Agreement (PTA), increased trade, ICT, diversification of agriculture for attaining food security and finding sources of alternative energy.

Read: PM Hasina urges global solidarity to face looming humanitarian crisis caused by war

Hasina offers Bangladesh land for setting up D-8 economic zone

She said implementation of the PTA is an important element for a successful D-8, which has large domestic markets.

Intra-D-8 trade will help accelerate its business prospects, she said, adding that the forum should aim at doubling the intra-D-8 trade from US$129 billion in the next decade.

On the immense prospects in ICT Hasina told the conference that the youths of the D-8 countries can be turned into a formidable workforce.

She said about 70 per cent of Bangladesh’s population is under 40 years and it has 650,000 registered IT freelancers. This huge manpower can be used to create IT-based industry and involve the youth in various economic activities.

In her fourth proposal she said the D-8 should concentrate on diversified agriculture production to ensure food security and steady food supply.

Bangladesh, she said, is ready to share her best practices and experience with other D-8 member states. The D-8 should focus on agriculture production to become self-sufficient in food production within the next decade.

The PM also suggested that the D-8 member states be careful about energy usage and the necessity of alternate energy sources.

She proposed that the D-8 focuses on developing capacity by involving other countries who have expertise in alternate energy.

Source: United News of Bangladesh

JICA to continue financial, technology support for power and energy sector

Japan International Cooperation Agency (JICA) will continue to work with the government to enhance the capacity of Bangladesh power and energy sector.

“JICA wants to continue to work for enhancing the capacity of Bangladesh power and energy sector and developing the combined Maheshkhali-Matarbari energy transition infrastructure,” said JICA Executive Senior Vice-President YAMADA Junichi today.

YAMADA Junichi came up with the assurance when State Minister for Power, Energy and Mineral Resources Nasrul Hamid paid a courtesy call on him at JICA head-office in Japan, said a press release.

The JICA chief laid emphasis on signing a Memorandum of Understanding (MoU) for enhancing the capacity of Bangladesh Power Management Institute and assured the state minister that JICA will stand beside Bangladesh with financial and technical support for technological development of its power and energy, energy transmission and distribution.

Nasrul Hamid thanked JICA for its continued financial and technical support for Bangladesh energy and power sector and said Japan is a tested friend of Bangladesh and there is more scope to work together in the area of marine energy as importance of renewable energy is increasing globally.

He sought Japan’s cooperation for building a prosperous Bangladesh by 2041 as planned by the present government.

Source: Bangladesh Sangbad Sangstha (BSS)

Bangladesh Water Development Board Job Circular: 9th Grade Jobs (bwdb.gov.bd)

Government jobs in Bangladesh: BWDB Job Circular 2022

Post Name: Assistant Extension Officer

No. of Posts: 12

Qualification for BWDB Job: Bachelor Degree in Agriculture.

Pay Scale: TK. 22,000-53,060

Age: Between 18 to 30 years, but maximum 32 years for children of freedom fighters and physically challenged candidates.

How to Apply on BWDB:

Candidates who are willing to participate in the exam can apply by logging on to this portal (orms.bwdb.gov.bd/orms) related to BWDB Jobs.

Application Fee for BWDB:

TK. 1,000 is required to be deposited for online examination fee at the time of application.

Source: United News of Bangladesh

D-8 PTA likely to be operational this year to boost intra-trade

The Preferential Trade Agreement (PTA) among the D-8 member states is likely to be operational in October this year with the ratification by Egypt which will help boost intra-trade.

“Seven member states other than Egypt have ratified the D-8 PTA. You will be happy to know that Egypt has announced at this meeting that they will soon ratify the D-8 PTA,” said Foreign Minister Dr AK Abdul Momen while briefing the media on the outcome of the D-8 Ministerial meeting at a city hotel on Wednesday.

The volume of intra-trade among the D-8 member states at the time of establishment was $14 billion, which has now reached $129 billion.

“My hope is that within the next 10 years our intra trade will increase by 10 times. That’s my hope. There is no reason that we can’t achieve it,” Momen said.

While talking to UNB, D-8 Secretary General Ambassador Isiaka Abdulqadir Imam said the D-8 PTA is already there and they just need to make it operational. “We hope it will become operational by October this year.”

The D-8 Preferential Trade Agreement (PTA), signed on 13th May, 2006 in Bali, Indonesia is regarded as one of the most tangible outcomes of D-8 cooperation in trade.

Foreign Minister Momen said the process of finalization of the draft “Trade Facilitation Strategy” is underway with a view to speedy implementation of the D-8 PTA.

The issue was reviewed in the ministerial meeting and it is expected that this draft Trade Facilitation Strategy will be accepted in the 3rd Trade Ministers meeting to be held in Bangladesh soon, he said.

D-8 PTA likely to be operational this year to boost intra-trade

Read: Hasina offers Bangladesh land for setting up D-8 economic zone

Momen talked about tariff barriers and hoped that those barriers will be removed to help boost trade among the member countries.

Responding to a question on inclusion of new members, the foreign minister said there has been discussion on Azerbaijan’s inclusion and there was no objection from any country. “But we have to develop the procedures for inclusion of new members.”

The Foreign Minister said Bangladesh will remain chair of the D-8 for another year as Egypt will remain busy with Conference of the Parties (COP 27).

“They (Egypt) made a special request. We have no objection. Other member states also agreed. This is good news for us,” he said.

The foreign minister said the D-8 energy ministers’ meeting will be held soon but the date is yet to be fixed.

Director General (International Organizations wing) Wahida Ahmed and DG (Public Diplomacy wing) Toufique Hasan were also present.

D-8, also known as Developing-8, is an organization for development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey. It was officially launched in Istanbul in1997.

The establishment of D-8 was announced officially through the Istanbul Declaration of Summit of Heads of State/Government on June 15, 1997.

The objectives of D-8 Organization for Economic Cooperation are to improve member states’ position in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at international level, and improve standards of living.

Source: United News of Bangladesh

Air quality remains ‘moderate’ in Dhaka

Dhaka’s air quality continues to be in the ‘moderate’ zone, all thanks to intermittent monsoon showers.

With an air quality index (AQI) score of 59 at 9am on Wednesday, the metropolis ranked 30th in the list of world cities with the worst air quality.

Indonesia’s Jakarta, Iran’s Tehran, Pakistan’s Lahore and Peru’s Lima occupied the first four spots in the list, with AQI scores of 140, 128, 125, and 118, respectively.

An AQI between 50 and 100 is considered ‘moderate’ with an acceptable air quality. However, there may be a moderate health concern for a very small number of people who are unusually sensitive to air pollution.

Read: Global pollution kills 9 million people a year, study finds

An AQI between 101 and 200 is considered ‘unhealthy’, particularly for sensitive groups.

Similarly, an AQI between 201 and 300 is said to be ‘poor’, while a reading of 301 to 400 is considered ‘hazardous’, posing serious health risks to residents.

AQI, an index for reporting daily air quality, is used by government agencies to inform people how clean or polluted the air of a certain city is, and what associated health effects might be a concern for them.

In Bangladesh, the AQI is based on five criteria pollutants — Particulate Matter (PM10 and PM2.5), NO2, CO, SO2 and Ozone.

Dhaka has long been grappling with air pollution issues. Its air quality usually turns unhealthy during winter and improves during monsoon.

With the advent of winter, the city’s air quality starts deteriorating sharply due to the massive discharge of pollutant particles from construction works, rundown roads, brick kilns and other sources.

Read: Solution to pollution: Sprinkling water on Dhaka’s roads and construction sites?

Air pollution consistently ranks among the top risk factors for death and disability worldwide. Breathing polluted air has long been recognised as increasing a person’s chances of developing heart disease, chronic respiratory diseases, lung infections and cancer, according to several studies.

As per the World Health Organization (WHO), air pollution kills an estimated seven million people worldwide every year, largely as a result of increased mortality from stroke, heart disease, chronic obstructive pulmonary disease, lung cancer and acute respiratory infections.

Source: United News of Bangladesh

Masar Destination and AlZamel Real Estate Development sign an acquisition agreement

Um Al-Qura Development and Construction Company, owner and developer of Masar Destination and AlZamel Real Estate Development company signed an acquisition agreement today; according to which AlZamel Real Estate Development will become the owner of one of the luxury residential towers overlooking Masar Front at a value of half a billion riyals.

The signing agreement took place between Um Al-Qura Development and Construction company’s CEO, Mr. Yasser Abuateek, and AlZamel Real Estate Development company Chairman of the Board of Directors, Mr. Abdul Hamid Abdullah AlZamel. Mr. AlZamel expressed his contentment and gratitude confirming that the acquisition is in line with the high aspirations of AlZamel Real Estate Development, as they are keen to provide the highest levels of Real estate services and the development of luxury residential solutions. AlZamel company will be developing supreme residential apartments for sale that are worthy of the distinctive and upscale Masar Destination.

In the meantime, Mr. Yasser Abuateek, CEO of Um Al-Qura Development and Construction, expressed the company’s eagerness for the agreement with AlZamel Real Estate stressing keenness to support the hospitality sector and Masar Destination’s efforts to seek development of a distinguished residential experience that meets the requirements of Makkah residents and visitors.

Read:Mideast nations wake up to damage from climate change

Masar is an urban destination with a development and investment vision that adopts the highest environmental and community sustainability standards.

Masar will be a distinctive landmark that enhances the quality of life of the people of Makkah and its visitors through a diverse range of offerings and capabilities.

Its integrated and diverse ecosystem that attracts investment in many vital sectors and the quality of its facilities and services, will make Makkah an attractive destination that drives long-term investments.

Source: United News of Bangladesh

IBBL Dhaka North, South, Noakhali hold half-yearly business development conference

Dhaka North, South and Noakhali zones of Islami Bank Bangladesh Limited (IBBL) recently organised a half-yearly business development conference online.

Mohammed Monirul Moula, managing director and chief executive officer of the bank, addressed the programme as the chief guest Monday.

Read:IBBL Dhaka East, Cumilla Zone hold half-yearly business conference

Muhammad Qaisar Ali and Md. Omar Faruk Khan, additional managing directors, Md Mostafizur Rahman Siddiquee and Md Nayer Azam, deputy managing directors; senior executive vice-presidents Md Siddiqur Rahman, Mohammad Jamal Uddin Mazumder, AFM Kamaluddin, Mohammed Shabbir, Md Mahboob Alam, Mizanur Rhman, Muhammad Sayeed Ullah and Md Maksudur Rahman joined the programme.

IBBL executive vice-presidents Muhammad Qamrul Bari Imami, Mir Rahmat Ullah, Ahmed Zubayerul Huq and Miftah Uddin, also attended the event, according to a media statement.

Source: United News of Bangladesh

FBCCI delegation leaves for 2nd North East India Buyer-Seller Meet

A high-level business delegation led by the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) left Dhaka to join the 2nd North East India Buyer-Seller Meet in India to boost trade with neighbouring countries.

FBCCI Vice-President Md Amin Helaly is leading the delegation. It will join different events to enhance business and trade in Thailand, Laos, Bhutan and Bangladesh.

Read: FBCCI keen to enhance trade ties with Brazil; two MoUs sign

The delegation will attend the inauguration of the Buyer-Seller Meet Thursday. FBCCI President Md Jashim Uddin will join it online as a special guest.

The business delegation is also scheduled to have a meeting with the Confederation of Indian Industries.

FBCCI directors Bijoy Kumar Kejriwal, Abu Motaleb, Md Nizam Uddin, Tahmin Ahmed and other sectoral leaders are also part of the team.

Source: United News of Bangladesh

Global economic outlook worsens as recession looms: IMF

Still reeling from the Covid pandemic and Russia’s invasion of Ukraine, the global economy is facing an increasingly murky and uncertain outlook, according to the latest report of the International Monetary Fund (IMF).

“The World Economic Outlook Update July 2022: Gloomy and More Uncertain,” released on Tuesday, highlights the significant consequences of the stalling of the world’s three main economic powerhouses – the US, China and the major European economies.

The outlook has darkened significantly since April, Pierre-Olivier Gourinchas, IMF economic counsellor and director of research, said. “The world may soon be teetering on the edge of a global recession, only two years after the last one.”

The baseline forecast for global growth is for it to slow from 6.1 percent last year, to 3.2 percent in 2022 – 0.4 percent lower than forecast in the last Outlook update in April.

With higher-than-expected inflation – especially in the US and the largest European economies – global financial conditions are becoming tighter.

In the US, reduced household purchasing power and tighter monetary policy will drive growth down to 2.3 percent this year and one percent next year, according to the outlook.

China’s slowdown has been worse than anticipated amid Covid outbreaks and lockdowns, with negative effects from Russia’s invasion of Ukraine continuing.

Also, further lockdowns and a deepening real estate crisis there have pushed growth down to 3.3 percent this year – the slowest in more than four decades, excluding the pandemic.

And in the Eurozone, growth has been revised down to 2.6 percent this year and 1.2 percent in 2023, reflecting spillovers from the Ukraine war and tighter monetary policy.

As a result, global output contracted in the second quarter of this year, Pierre-Olivier said.

Read: IMF voices concern over rising bad loans in banks

Despite the global slowdown, inflation has been revised up, in part due to rising food and energy prices.

This year it is anticipated to reach 6.6 percent in advanced economies and 9.5 percent in emerging market and developing economies – representing upward revisions of 0.9 and 0.8 percentage points respectively. And it is projected to remain elevated for longer.

Broadened inflation in many economies reflects the impact of cost pressures from disrupted supply chains and historically tight labour markets, the IMF official said.

The report outlines some risks ahead, including that the war in Ukraine could end European gas supply from Russia altogether; rising prices could cause widespread food insecurity and social unrest; geopolitical fragmentation may impede global trade and cooperation.

Inflation could remain stubbornly high if labour markets remain overly tight or inflation expectations are too optimistic and prove more costly than expected.

And renewed Covid outbreaks and lockdowns threaten to further suppress China’s growth.

“In a plausible alternative scenario where some of these risks materialise…inflation will rise and global growth decelerates further to about 2.6 percent this year and two percent next year, a pace that growth has fallen below just five times since 1970,” said the IMF economist.

“Under this scenario, both the US and the Euro area experience near-zero growth next year, with negative knock-on effects for the rest of the world.”

Current inflation levels represent a clear risk to macroeconomic stability, according to the outlook.

Responding to the situation, central banks in advanced economies are withdrawing monetary support faster than expected, while many in emerging markets and developing economies began raising interest rates last year.

The resulting synchronised monetary tightening across countries is historically unprecedented, and its effects are expected to bite, with global growth slowing next year and inflation decelerating, Pierre-Olivier said.

While acknowledging that tighter monetary policy would have economic costs, the IMF official upheld that delaying it would only exacerbate hardship.

And hampered by difficulties in coordinating creditor agreements, how and whether debt can be restructured remains unpredictable.

He argued that domestic policies responding to the impacts of high energy and food prices should focus on those most affected, without distorting prices.

Governments should refrain from hoarding food and energy and instead look to unwind barriers to trade such as food export bans, which drive world prices higher, the IMF official said.

Source: United News of Bangladesh

US commerce department partners with DNCC for municipal organisation, planning workshop

The US Department of Commerce’s Commercial Law Development Program (CLDP) conducted a workshop on municipal organisation, planning, and green initiatives in collaboration with Dhaka North City Corporation (DNCC) and the US Embassy in Dhaka during July 24-26.

CLDP municipal experts covered topics such as green procurement, identification of capital projects, and key legal issues that will help DNCC strategically design, review, and implement important infrastructure projects to mitigate air and water pollution.

DNCC Mayor Md Atiqul Islam, DNCC CEO Md Selim Reza and CLDP Deputy Chief Counsel Joe Yang provided opening remarks.

As part of the long-term partnership, DNCC, CLDP, and the US Embassy in Dhaka are planning more workshops, consultations, and municipal exchanges that will take place in Bangladesh, the US, and the Indo-Pacific.

Created in 1992, CLDP provides technical assistance in the commercial law arena to the governments and private sectors of developing countries in support of their economic development goals.

The assistance consists of long-term training and consultative partnerships with government officials, lawmakers, regulators, judges, lawyers, educators, and other stakeholders.

Source: United News of Bangladesh