Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Faruque Hassan on Monday sought the support of the World Bank for the RMG industry in the areas of sustainability, skills development, technological upgradation and innovations. He also urged the World Bank for supporting the SMEs with low-cost finance so that they could
Tag: Financial support
26 Umrah performers express gratitude to Bashundhara MD
Twenty six persons have returned home after performing Umrah in Saudi Arabia with financial support of Bashundhara Group Managing Director Sayem Sobhan Anvir. Umrah returnees have expressed deep gratitude to Sayem Sobhan Anvir, also Chief Adviser to the Baitul Mukarram National Mosque Musalli Committee, for extending financial supports and materialising their
Climate Change: Momen for more support to developing nations
Foreign Minister Dr AK Abdul Momen Sunday urged the international community to scale up financial and technological support for the developing countries to cope with the adverse impacts of climate change.The ongoing Russia-Ukraine war and the resulting cost-of-living crisis around the world, aggravated by sanctions and counter-sanctions, cannot be a
Climate finance action a priority at COP27
Today, the window of opportunity for scaled-up global climate action to prevent disastrous global warming and build resilience in the most vulnerable nations is closing fast. And a major impediment to reducing emissions and accelerating climate adaptation is both lack of financial investment and major bureaucratic hurdles to accessing those
IMF team to visit Dhaka from Oct. 26
An International Monetary Fund (IMF) team plans to visit Dhaka from October 26 to November 9 to start discussions with the Bangladeshi authorities on economic and financial reforms and policies, and a much-discussed $4.5 billion loan as budget support. The team will be led by Rahul Anand, IMF mission chief to
Germany to provide EUR 339.54mn to Bangladesh
Germany will provide EUR 339.54 million or approximately Tk 3463.3 crore technical and financial cooperation support to Bangladesh for development projects in various sectors. Bangladesh and Germany on Sunday signed the financial and technical agreements on development cooperation, said the German Embassy in Dhaka on Monday. The cooperation under the agreements will