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Kuwait- KFAED offers KD-10-m loan to Bangladesh

The Kuwait Fund for Arab Economic Development (KFAED) has signed a loan agreement with Bangladesh totaling about KD 10 million (USD 34.2 million) for carrying out road projects in northern Dhaka. Bangladesh-KuwaitThe KFAED said in a news statement here on Monday that the deal was inked in Dhaka, the capital of Bangladesh, by KFAED’s Deputy Director-General Hamad Al-Omar and Bangladesh’s representative Mohammad Mesbah El-Din. The projects aim to support social and economic development in Dhaka by decreasing traffic congesti...

India says urea smuggled to Bangladesh

In a sensational disclosure, the Indian government on Tuesday said the Urea sent to states for further distribution to farmers is being smuggled to Pakistan, Bangladesh and Nepal. Ananth Kumar, Minister of Chemicals and Fertilizers replying to a question said enough fertilizers was provided by centre to states but it is being diverted for black marketing and smuggled to the neighbouring countries for huge profit. bd-indiaKumar said the government has capped Urea price to Rs. 5,360 per tonne, however in neighbouring countries of Bangladesh, Pakistan and N...

Solar PV grid product for electrification

A joint US and Bangladesh company called SOLARIC has developed a grid product solution for small-scale rural areas. The company calls its product “Nano-Grid,” which is an inverter-less solar power system with a battery bank, optimizer, and solar PV panels that manages electricity generation and distribution for about 50 nanogrid-570x328homes. At the same time, Nano-Grid can provide power for irrigation pumps, which are of critical importance for agriculture. Each Nano-Grid also converts electricity produced by solar panels to 220...

How a Bangladesh court ruling changed the lives of more than 300,000 stateless people

It’s a cool Sunday afternoon in the Geneva camp in Dhaka, Bangladesh. Small crowds have gathered on the settlement’s narrow alleys, transfixed by an open-air screen showing a live World Cup cricket match between India and Pakistan. Some boys have painted the Pakistani flag on their faces and chests – the legacy of a past that continues to affect them today. [caption id="attachment_13256" align="alignleft" width="300"]unhcr Nahid Parveen is a paralegal with basic law and mediation training. She helps Urdu speakers in Bangladesh to apply for their identity doc...

IBBL shares SME Development of Bangladesh

Small and Medium Enterprises (SMEs) have been gaining popularity across the world due to its significant role in the development context given their greater resource-use efficiency, capacity for employment generation, technological innovation, promoting inter-sectoral linkages, raising exports and developing entrepreneurial skills. IBBL logoContributions of the SMEs in some selected countries show that it has provided very significant portion of GDP and employments in their national economies. Asian Business Review reveals that contribution of SMEs in...

BHBFC distributes blankets among poor

Bangladesh House Building Finance Corporation (BHBFC) distributes blanket among poor orphan and physically handicapped people of Ghatail Upazilla under Tangail. Dr. Md. Nurul Alam Talukder, the Managing Director of BHBFC distributed blanket as Chief Guest. image001Nazrul Islam Khan Shamu, Chairman, Ghatail Upazilla Parisad was present as Special Gust. Dr. Umme Afsari Jahura, UNO presided over the program. Mrs. Mariam Begum better half of Managing Director, Mrs. Parvin Akter, ZM, Mymensingh Office; Ananda Kumar Ghosh, RM, Tangail Office and ...
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