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bangladesh

WB looks for ways to increase funding in Bangladesh: Kim

Visiting World Bank (WB) president Jim Yong Kim on Monday said the bank was now looking aggressively for increasing its funding to support Bangadesh. He said the World Bank was no more involved with the construction of the Padma Multipurpose Bridge but it understood the importance of the bridge, reports New Age. The government is constructing the bridge on own funding after the global bank cancelled 1.2 wbbilllion dollar loan citing conspiracies of corruption in tender process. Kim said the bank preferred continuing discussion on it...

Stocks suffer from extensive price fall

Stock market suffered extensive price fall on Monday as investors were selling shares for profit booking. The falling price pulled the price indices down at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). At DSE, only 93 securities finished higher when 183 issues across the board incurred loss. Similarly, 143 issues closed lower at CSE against only 74 advancing securities. Like previous trading sessions, majority of the issues from large-cap group suffered loss. dse-logo_2Due to the wide range pri...

WB to provide additional $ 1b for childcare

World Bank President Jim Yong Kim today declared an additional USD 1 billion fund for Bangladesh to develop childcare in the country. The financing will be disbursed in the next two years and will be to develop the situation of child health and nutrition, the visiting WB chief said in a briefing. kim-wb-afp-wbKim made the announcement at a joint press conference after holding talks with Bangladesh Finance Minister AMA Muhith at his ministry office in Dhaka. ‘PADMA BRIDGE TROUBLES OVER’ Finance Minister M...

edotco ‘Southeast Asia Telecoms Tower Company of the Year’

edotco Group (“edotco”) has been conferred the “2016 Southeast Asia Telecoms Tower Company of the Year Award” by Frost & Sullivan in a ceremony held at the Conrad Centennial Hotel, Singapore last Thursday. The award is part of the annual Frost & Sullivan Asia Pacific Best Practices Awards ceremony that acknowledges companies that excel in their business segments as well as their efforts to develop the industry for the year 2015. [caption id="attachment_24547" align="alignleft" width="540"]edotco Satish Lele, Vice President, F...

More students from Bangladesh come to study in China

Education cooperation is a key part of the China-Bangladesh relationship. An increasing number of students from Bangladesh are choosing to study in China. Sharmin is from the Bangladeshi capital Dhaka. She just arrived in Shanghai this September, to start pursuing her PhD in the School of Pharmacy at Shanghai Jiaotong University. [caption id="attachment_19975" align="alignleft" width="540"]Seeds for the Future winners return from China File Phote[/capt...

10pc quota for women in DCC markets proposed

A delegation of 3 members from Bangladesh Women Chamber of Commerce & Industry (BWCCI) led by its President Ms. Selima Ahmad put forwarded some proposals for the development of women entrepreneurs to the Honorable Mayor Mr. Annisul Huq, Dhaka North City Corporation at Nagar Bhaban, Gulshan. The proposals are: 14686077_10154715554948117_1400003517_n-1Allocation of 10% quota for women entrepreneurs in each DCC market.
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