$ 500m green fund for textile
The central bank will set aside $500 million of low-cost funds for textile factories to help them adopt eco-friendly technologies and practices, Governor Atiur Rahman said yesterday.
The money will come in addition to the existing export development fund (EDF) of $1.5 billion and will be named Green EDF, he told a discussion at the office of Policy Research Institute of Bangladesh in Dhaka.
PRI organised the discussion on “access to finance: environmental sustainability in the textile sector” in association with...
PRI organised the discussion on “access to finance: environmental sustainability in the textile sector” in association with...
$ 256.78m in remittance from Feb 1-6
The country received $256.78 million in remittance during the first six days of the current month of February.
Bangladesh Bank statistics show the four state-owned commercial banks—Agrani, Janata, Rupali and Sonali—received $92.65 million from the expatriate Bangladeshis while four state-owned specialized banks received $4.32 million.
The maximum remittance came through the private commercial banks who received $164.69 million while the 9 foreign banks received only $4.33 million.
Among the private commercial banks, Islami B...
The maximum remittance came through the private commercial banks who received $164.69 million while the 9 foreign banks received only $4.33 million.
Among the private commercial banks, Islami B...
Khaleda Zia for ‘consensus’ deal to end crisis
The Bangladesh opposition leader Khaleda Zia has been stuck in her office for 40 days and slapped with a series of charges over the deadly violence outside, but she says she and her arch enemy Sheikh Hasina can still reach a deal to end the turmoil.
In an exclusive interview with AFP, Bangladesh Nationalist Party (BNP) leader Zia accused Prime Minister Hasina of killing democracy and the ruling Awami League of being behind the violence that has killed scores since the turn of the year.
But she also stressed her desire to reach a consensus to pull the country back from the brink, even if it meant talking to her nemesis.
Zia, who has twice served as prime minister, has not set foot outside her offices in downtown Dhaka ever since the security forces barricaded her compound on Jan...
Australia beaten by BD as Economic Leaders in 2050
Australia must focus on transitioning out of the mining economy or face falling out of the G20, PwC Australia Economics Partner, Jeremy Thorpe said while releasing the ‘World in 2050’ report.
The report, which analyses how the world could look in 2050 by presenting economic growth projections for 32 of the largest economies in the world, shows Australia will slip from 19th place in 2014 to 29th in 2050.
Other findings include:
China will clearly...
The report, which analyses how the world could look in 2050 by presenting economic growth projections for 32 of the largest economies in the world, shows Australia will slip from 19th place in 2014 to 29th in 2050.
Other findings include:
China will clearly...
Ship recycling project begins
An agreement between the International Maritime Organization (IMO) and the Government of the People’s Republic of Bangladesh has been signed for the parties to collaboratively improve safety and environmental standards in the country’s ship-recycling industry.
A Memorandum of Understanding formalizing the cooperation between the two was signed by Nicolaos Charalambous, Director, Technical Cooperation Division, IMO and Md. Ashadul Islam, Additional Secretary, Economic Relations Division of the Ministry of Finance of the G...
A Memorandum of Understanding formalizing the cooperation between the two was signed by Nicolaos Charalambous, Director, Technical Cooperation Division, IMO and Md. Ashadul Islam, Additional Secretary, Economic Relations Division of the Ministry of Finance of the G...
