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Spanning decades cements Bangladesh-China relationship

Dhaka, the capital city of Bangladesh, is situated on the northeastern bank of the Buriganga river and for centuries the river had remained a hurdle in reaching the capital. Finally this major hurdle was overcome by China building a bridge so that people on both banks could easily cross the river, making life easier for all. The construction of the first Bangladesh-China Friendship Bridge, with a span of more than 917 padma bridgemeters in length, began in October 1986, and was completed in February 1989. Seven mo...

New trade portal makes business easier in Bangladesh

With the launch of its new trade portal, the government of Bangladesh’s is making import and export information more easily accessible to traders interested in doing business in the country. The portal, a website that provides documents and information on the trade process, is hosted by the Ministry of Commerce with support from the World Bank Group and is expected to accelerate growth in Bangladesh and increase investments. The Bangladesh Trade Portal will make it easier for traders and investors to comply with regulatory requirements associated with the importation and exportation of goods as well as

WB new country director starts tomorrow

Qimiao Fan would start working tomorrow as the World Bank’s new country director for Bangladesh, Bhutan and Nepal. In his first visit to Bangladesh tomorrow, Fan will accompany Annette Dixon, World Bank South Asia Vice President, who will introduce Fan to the government, said a WB press release today, reports BSS. wbDuring her visit, Dixon along with Fan will also meet the Finance Minister and other senior government officials. Fan brings a wide range of development experience to the job. A Chinese national, Fan joined the World Ban...

British business delegation visits BD

A British business delegation is visiting Bangladesh for three days to drive forward partnerships between the UK and Bangladesh for the growth and prosperity of both countries. The visiting UK companies, experts in the field of development and humanitarian aid-work, will meet with a wide range of development partners, government officials, and non-government organisations. The delegation will engage with the parties to understand the scope of projects taking place and identify what opportunities are available for the supply of services and resources. UK_BD

ADB to fund $ 1.5b for Bangladesh-Myanmar railways

Militancy threatens Bangladesh economic growth - World Bank economist Kaushik Basu Bangladesh economy could grow 8 pct in next four years - WB economist ADB to lend Bangladesh $45 mln for water resource project Bangladesh bring in Rony, Nurul for World T20 Bangladesh president says media ensures good governance The Asian Development Bank (ADB) will fund $1.5 billion for building a rail line that will connect Cox’s Bazaar, Bangladesh’s beach resort, to neighbouring Myanmar as part of a larger Trans-Asian Railway network. Bangladeshi Prime Minister Sheikh Hasina in 2011 opened construction work on the rail line

Economy to grow by 6.3pc in current FY- IMF

The Bangladesh economy will grow by 6.3 percent in the current financial year to end-June, the International Monetary Fund said on Monday, lower than the government target of 7 percent. IMF said Bangladesh’s growth is projected to accelerate gradually to 7 percent over the medium term, as public investment is further ramped up and constraints on investment ease, blue economywith private investment also supporting a recovery in private-sector credit. “Provided calm prevails, prudent policies remain in place, and ...
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