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Safety, sanitation crisis swell up girls’ dropout

Lack of social safety, sanitation, prevalence of child marriage and labour hinder children from continuing their education in Bangladesh. The observation came at the launching ceremony of policy briefs on child marriage, child marriage and out-of-school children in Dhaka on Wednesday. education2222The policy brief revealed that out-of-school children were found in almost all districts, with the highest concentration in Bandarban, Sunamganj, Bhola, Netrokona and Cox’s Bazar and the lowest in Jhalokati, Barguna, Pirojpur, Feni and Jessore. ...

BB to keep conventional, Islamic banks separate

Bangladesh will keep conventional and Islamic banks operating separately from each other because of concern about possible violations of sharia principles, although the decision is not permanent, the central bank’s deputy governor told Reuters. The central bank will not approve applications by conventional banks to convert themselves bb-logointo Islamic ones and is barring the use of Islamic windows, which let conventional banks offer Islamic financial services provided client money is segregated. “It is our observation that it created complications ...

Monetary policy kept unchanged

The monetary policy for the first half of the current fiscal year has been announced keeping its rates unchanged. The repo and reverse repo rates remain at 7.25 percent and 5.25 percent respectively as they were in the previous monetary policy. “[But] BB will have no hesitation in considering easing of the repo and reverse repo policy interest rates to appropriate extent immediately as headline point-to-point and core CPI taka-bundleinflation assume clear downward edging turn,” said Bangladesh Bank Governor Dr Atiur Rahman at a programme on the ...

Incredible $ 15.31b remittance in 2015 fiscal

A total of 9.4 million Bangladeshi migrants are toiling in various parts of the globe and sending their hard-earned money back home. The fruits of their hard-work are paying off as an incredible $15.31 billion in remittance was received in fiscal 2015 - the highest in the country’s history. BD-workforce in KSAAlthough total migration has declined by 30% in 2014 compared to 2012, the number of Bangladeshi female migrants has been on the rise despite global economic slump. One country which stands out in terms of employment of...

Only 100 tigers survive in Sundarbans

Only some 100 tigers currently roam the Sundarbans forests of Bangladesh, a new survey has discovered, indicating far fewer big cats than previously thought in one of their largest global habitats. tigerThe yearlong survey that ended in April was based on footage from hidden cameras and found the true number of tigers to be between 83 and 130, Agence France-Presse reported. “So plus or minus we have around 106 tigers in our parts of the Sundarbans,” Tapan Kumar Dey, the Bangladesh government’s wildlife conservator, told AFP. “It’s a more accurate figure....

WB to help 1.1m Bangladeshi villagers to access energy

The World Bank has signed a $15 million grant agreement with Bangladesh to increase access to clean energy for targeted rural areas through output-based aid (OBA) subsidies. The grant is expected to benefit 1.1 million people living in poor, remote areas of Bangladesh currently lacking electricity from the power grid, a statement from the bank said on Saturday. The project will make clean energy affordable to low-income households without using the grid by bringing down the cost of 225,000 solar home systems and 2,500 mini-grid connections. wbThe grant will f...
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