In the previous fiscal year ending June 2014, Bangladesh received more than $700 million in aid from its development partners.
But that could’ve been more, if donors were able to meet their $5.35 billion total planned disbursements, according to the country’s newly launched aid database, which further reveals that while grants comprised the majority of disbursements last year, loans now account for the bulk of current aid spending.
But just how accurate is this data?
A government official involved in the management of the Aid Information Management System told Devex the current information in the database actually came from donors themselves. Up to 17 of Bangladesh’s development partners have agreed to manually enter data into the system, which then automatically generates that...
The advantage enjoyed by Bangladesh in readymade garment (RMG) sector cannot be taken for granted, and the country’s competitiveness in the apparel export market may erode in the long run if working conditions do not improve, says the World Bank (WB) in its Bangladesh Development Update October 2014.
In the immediate future, stronger attention is needed to swiftly complete the transition in the Bangladesh garment industry, feel authors of the report. According to them, “much more needs to be done for effective implementation of wage increases and the new labor legislations, recruiting more factory inspectors and complete building inspections followed by swift remediation measures such as relocation of closed factories.”
Abul Hasan, a 30-year-old fisherman, was drinking tea at a restaurant here when he was approached by two men who said they could help him get a good job at a factory in Malaysia.
He was told that he could pay for his passage after he started working, he said, so he followed the men to a nearby village to “see some brochures.”
The next thing he remembers was waking up, nauseated, alongside more than a dozen other men aboard a fishing boat. Six guards armed with knives stood watch. “I knew I was in troub...
ACI Agribusiness arranged an Agri Tech Fair in ACI Center on Tuesday, focusing manifestation of high quality Agriculture ingredients and supreme Technology.
A typical Bangladeshi village, a village fair with modern farming ingredients and modern farming machineries were demonstrated in the fair. Focusing Agro-Infrastructure development through providing complete solution to farming and continuous development of farming elements through genetic and supreme engineering research, ACI Agribusinesses is the largest integrator in the agricu...
Poverty prevents people from accessing potential housing options, and make others hard to sustain. There are significant linkages between housing and poverty. These have impact over people's lives and livelihood. As such, these linkages deserve greater attention so that they can be properly addressed.
“People's experience of poverty, access to secure tenure and housing circumstances are intertwined. Housing forms an important part of people’s material living conditions and contributes to their life chances.
The significance of the ...
The ‘Branch Managers Conference-2014’ participated by all Managers of Moulavibazar Region was held at a local hotel in Moulavibazar recently to motivate them to increase Bank’s business by rendering better services.
Helal Ahmed Chowdhury, Managing Director and CEO of Pubali Bank Ltd. graced the conference as Chief Guest. M.A. Halim Chowdhury, Additional Managing Director and Abu Habib Khairul Kabir, General Manager of Pubali Bank were present as Special Guests. DGM an...
