WB okays $500m flood preparedness credit for Bangladesh

The World Bank on Friday approved a loan of $500 million to help Bangladesh improve disaster preparedness against inland flooding in 14 flood-prone districts, benefiting over 1.25 million people.  The Resilient Infrastructure for Adaptation and Vulnerability Reduction (RIVER) project will help Bangladesh reduce vulnerability to riverine and flash floods by constructing

EBL signs customer benefit deal with ShareTrip

M. Khorshed Anowar, Deputy Managing Director and head of retail and SME banking of Eastern Bank Ltd. (EBL) and Sadia Haque, CEO of ShareTrip exchanging documents have signed a customer benefit deal in the city, a press release said Saturday. Under the agreement ShareTrip offered special discounts to EBL cardholders

Rooppur NPP: Hydro-accumulators’ testing begins in Russia

Hydraulic testing of half bodies of Passive Core Flooding System (PCFS) Hydro-accumulators begins at Petrozavodsk Branch of AEM-Technologies, Russia. These are intended for Power Unit - 2 of Rooppur Nuclear Power Plant. Eight PCFS Hydro-accumulators will be installed in each unit. According to Rosatom, the Russian contractor of the Rooppur NPP, hydraulic

UN announces $5m more flood relief for Bangladesh

The United Nations (UN) has announced an additional allocation of $5 million as relief to meet the immediate needs of families caught in the deadly flooding in northeastern Bangladesh.After a coordinated appeal by the UN country team in Bangladesh, Martin Griffiths, under-secretary-general for humanitarian affairs and emergency relief coordinator, made