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Bank Asia hands over scholarships for higher studies

As a part of its corporate social responsibility, Bank Asia has provided higher studies scholarship to 28 meritorious students of Sirajdikhan, Malkhanagor, Baligaon, Nimtola in Munshigonj and Rohitpur of Keranigonj and Agla Bazar of Nababgonj Upazila in Dhaka district on Friday. Scholarship-pixA Rouf Chowdhury, Chairman of the Bank handed over the scholarship money to the students at a function held at Sirajdikhan Upazila auditorium. Vice Chairman of the Bank Mohammed Lakiotullah, Chairman...

Political mess undermines foreign aid metrics

The political unrest in Bangladesh is viewed with grave concern by donors, which fear this instability could render development programs ineffective and are slowly reducing funds — World Bank data recently revealed a significant drop in foreign aid commitments, an almost 28 percent slip from $1.6 billion in 2013 to $1.2 billion in 2014. Weeks after the Prime Minister Sheikh Hasina was reelected for her second consecutive term as prime minister, the country continues to suffer from political instability which undermines the country’s development progress. foreign aid

Bangladesh, Myanmar JTC focuses connectivity to boost trade

Bangladesh and Myanmar have reached at an agreement to find out possible ways to promote bilateral trade to the annual level of $ 500 million, which is now about $ 100 million, through establishing smoother connectivity. The agreement was reached at the seventh meeting of the Bangladesh-Myanmar Joint Trade Commission (JTC) held in Naypyidaw, the capital of Myanmar, from January 14-15, reports UNB. BD-MymIssues related to border trade, cooperation in agriculture, food, fisheries, power and mineral resources sectors...

Anglican funds help RMG workers recover

Anglican Alliance, an Anglican Communion relief and development agency, reports that an appeal launched by Church of Bangladesh with the Alliance in September has raised US $16,000 for garment workers and their families who suffered as a result of the collapse of the Rana Plaza factory in Bangladesh in April last year. More than 1,000 people were killed. According to the release, some families lost their sole income-earner in the disaster and yet did not receive financial support in the following months; the church used the funds donated by Anglicans around the world to help families most in need, in addition to providing food, water and medication in the immediate aftermath. [caption id="attachment_2766" align="alignleft" ...

Shrimp workers routinely exploited, say campaigners

Shrimp industry in Bangladesh is plagued by hazardous conditions and excessively low wages, according to Environmental Justice Foundation report. Western governments, large retailers and consumers should put pressure on the Bangladeshi government to ensure a fair deal for the 1.2 million workers and their dependents in the lucrative shrimp industry, campaigners have said. Bangladesh is among the top 10 exporters of farmed shrimp; it is its second largest foreign currency earner after the garment industry. MDG : Bangladesh Shrimp industry

Bangladesh jute report – Jan 16

VARIETY BALES FOB Narayanganj (One bale = 180 kg) (Taka per bale) Ready Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) 10,400 Bangla tossa D (BTD) 9,950 Bangla tossa E (BTE) 9,500 juteWRS/TRS, HABIJABI, CUT ROPES Bangla white rejection (BWR) 8,250 Bangla whi...
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