Bangladesh, WB join hands to improve road safety

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

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

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