The government of Bangladesh and the World Bank on Wednesday launched a project to improve road safety, and reduce fatalities and injuries from road accidents in selected cities, high-risk highways, and district roads. The Road Safety Project, which receives $358 million in financing from the World Bank, is the first dedicated
Tag: Bangladesh
Italy interested in long-term deal with Bangladesh
Italian Ambassador to Bangladesh Enrico Nunziata has said his country is interested in a long-term agreement with Bangladesh to supply LNG though the current situation in Europe allows collaboration on a short term basis. "Of course, we are much more interested in a long-term agreement. The situation in Europe is a
Microcredit’s impact on rural entrepreneurship in Bangladesh
Microcredit has changed the way people in rural Bangladesh do business, giving people and groups the tools, they need for long-term growth. Microcredit programs have helped many businesses break out of poverty by giving them small loans that have helped them improve their lives and get out of tough financial
Lay’s starts production in Bangladesh
Lay's, one of the world’s most loved potato chips brand from PepsiCo, has launched the transformative 'Lay's Made In Bangladesh' initiative in partnership with Transcom Consumer Products Limited, a press release said Wednesday. The launch ofthe ‘Lay's Made In Bangladesh' initiative stems from PepsiCo’s presence in the country of over two
US announces new visa policy targeting next Bangladesh elections
The United States has said the country is not imposing any new sanctions on Bangladesh but announced a new visa policy to promote free and fair elections. "Under this policy, we can impose visa restrictions on individuals and their immediate family members if they are responsible for, or complicit in,
Bangladesh, Myanmar brace as Cyclone Mocha makes landfall
Bangladesh and Myanmar braced Sunday as an extremely severe cyclone started to hit coastal areas and authorities urged thousands of people in both countries to seek shelter. The outermost band of Cyclone Mocha reached the coast of Myanmar's Rakhine state on Sunday morning, and by afternoon the center of the storm
Bangladesh will be more attractive to global apparel buyers: BGMEA President
Bangladesh would be more attractive to international buyers as an apparel-sourcing destination in the coming days due to its ongoing efforts and initiatives to adapt to changing demand patterns in the global fashion market, said Faruque Hassan, President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), a press release said
Bangladesh, Malaysia want to conclude bilateral FTA
Bangladesh and Malaysia have agreed to explore the possibility of concluding a bilateral free trade agreement (FTA) in order to add further substance to the steadily increasing bilateral trade and economic relations between the two regional countries. The issue was discussed at the third Foreign Office Consultations (FOC) between Bangladesh and
EU committed to multidimensional ties with Bangladesh: Valdis
European Trade Commissioner and Executive Vice-President of the European Parliament Valdis Dombrovskis has recognised Bangladesh-EU relations as a multi-dimensional strategic partnership, and reiterated EU's political commitment in this regard. On his last leg of an intense four-day visit, State Minister for Foreign Affairs Md. Shahriar Alam met the European Trade Commissioner
Bangladesh, S Korea sign $3b framework loan
Bangladesh and South Korea Thursday signed a new framework arrangement concerning 3 billion U.S. dollars of concessional loans from the Economic Development Cooperation Fund (EDCF) for the year 2023 through 2027. The signing ceremony took place in Incheon, South Korea on the occasion of 56th Annual General Meeting of the Board