Business - NsNewsWire

Infrastructure Investment Needs to Scale Up to Ensure Long-Term Growth in Asia: AIIB Report

Infrastructure projects focused on cross-border connectivity present significant investment opportunities and are vital for long-term growth in Asia. This is the main conclusion of the inaugural Asian Infrastructure Finance report developed by the Asian Infrastructure Investment Bank (AIIB). The report emphasizes that cross-border infrastructure including links that promote trade, market integration and the distribution of […]

Grameen Hosts Inclusive Finance Initiative of Asian Financial Cooperation Association (AFCA)

DHAKA, Jan. 21 (NsNewsWire) — A day-long conference on Inclusive Finance leading to forming of Inclusive Finance Cooperation Committee (IFCC) co-organized by the Asian Financial Cooperation Association (AFCA) of China and Grameen China, hosted by Grameen Trust was held today at Grameen Bank complex. The Asian Financial Cooperation Association (AFCA), established by the government of […]

7 Tech Trends set to impact digitization: new Telenor report

DHAKA, Jan. 14 (NsNewsWire) — Grameenphone, the strongest and the fastest growing mobile network with a subscriber base of 72 million customers, has today revealed in a report listing the seven most anticipated tech trends for 2019 at panel discussion held at GPHouse. The report was presented by Bjorn Hansen, Vice President, Telenor Research. Scientists […]

World Bank Helps Bangladesh Create More and Better Jobs

DHAKA, January 10, 2019 —The government of Bangladesh today signed a $250 million development policy operation to support the country’s reform efforts to create large-scale, better-paid and inclusive jobs. The Programmatic Jobs Development Policy Credit—the first of a series of three planned operations—will help Bangladesh build a stronger policy and institutional framework to create faster and […]

Bangladesh earns nearly 18 bln USD from exports in H1 of fiscal 2018-19

DHAKA, Jan. 9 (Xinhua) — Bangladesh’s total exports in the first half of the current 2018-19 fiscal year (July 2018-June 2019) reached nearly 18 billion U.S. dollars, up about 15 percent year on year, official data showed Tuesday. According to the country’s Export Promotion Bureau (EPB) data, Bangladesh fetched 17,916.02 million U.S. dollars from exports […]

Government of Bangladesh Signs PPP Contract for Dhaka Bypass

DHAKA, Jan. 3 (NsNewsWire) — A consortium of companies from the People’s Republic of China—Sichuan Road and Bridge Group, Shamim Enterprise Ltd., and UDC Construction Limited—have signed a concession contract with the Government of Bangladesh to upgrade the Dhaka Bypass under a public-private partnership (PPP) arrangement. The Asian Development Bank (ADB) acted as financial advisor […]

World Bank Helps Bangladesh Increase Dairy and Livestock Productivity

DHAKA, Dec. 19 (NsNewsWire) — The government of Bangladesh today signed a $500 million financing agreement with the World Bank to improve livestock and dairy production as well as provide better market access to 2 million household farmers and small and medium-scale agro-entrepreneurs. The Livestock and Dairy Development Project will help stimulate private sector […]

Bangladesh fetches nearly 2 bln USD from services export in July-October

DHAKA, Dec. 18 (NsNewsWire) — Bangladesh’s total services export income in the first four months of the current fiscal year 2018-19 (July 2018-June 2019) soared 56.46 percent year-on-year to nearly 2 billion U.S. dollars, an official said on Monday, reports Xinhua. The official from Export Promotion Bureau (EPB) told Xinhua that the country fetched a […]

World Bank Supports Bangladesh’s Reform Efforts to Create Quality Jobs

WASHINGTON, Dec. 12 (NsNewsWire)-The World Bank today approved a $250 million development policy operation to help the Government of Bangladesh strengthen its capacity to create more, better-paid and quality jobs in a rapidly changing environment. The Programmatic Jobs Development Policy Creditaims at supporting Bangladesh develop a stronger policy and institutional framework to address barriers to creating more and […]