Low revenue collection hampers debt management

The Finance Ministry has highlighted low revenue collection as a major obstacle to effective debt management, restricting the government's ability to invest in infrastructure and development projects. According to a document from the ministry, the lower revenue-to-GDP ratio adversely impacts debt sustainability. "This issue is further exacerbated by the LDC graduation

ADB approves $71m loan for Bangladesh’s water resources management

The Asian Development Bank (ADB) has approved $71 million loan to improve flood control, irrigation, and water resources management in rural communities of Gopalganj and Madaripur districts in Bangladesh to strengthen their preparedness and resilience to the effects of climate change. "The ADB additional support will further boost economic growth and

Dhaka Regency ends stress management training

Dhaka Regency has completed a day-long stress management training program titled as "Stress to Strength" for Sales & Marketing Team led by new generation HR expert & trainer, Rehan Asif on 2nd March at hotel premises, a press release said Monday. The training aimed to equip employees with practical tools

Loginex receives ‘Best Logistics and Fleet Management Platform’ Award

In recognition to its outstanding contributions in the logistics and technology sector, Loginex, a prominent Logis-Tech startup, has been honoured with the prestigious ‘Best Logistics and Fleet Management Platform 2023’ award at the ‘Logistics Warehouse and Supply Chain Awards 2023’. Awarded by The Business Concept, a UK-based awards & research

Union Bank holds risk management conference

Union Bank Limited has organized ‘Annual Risk Management Conference 2023’ in Cox’s Bazar, a press release said Monday. MD and CEO of the bank, A. B. M. Mokammel Hoque Chowdhury, inaugurated the conference as the chief guest. DMD and CRO, Md. Nazrul Islam, and SEVP, Golam Mostafa, were present as

Better management of shared waterways can benefit both Bangladesh and India

Although Bangladesh’s waterways carry tremendous economic and geostrategic significance for both Bangladesh and India, environmental management issues have rendered most of these routes useless. Bangladesh and India signed a protocol for using the waterways to carry goods in 1972. However, only three of the designated 11 routes are in regular use

HSBC holds online session on waste management

HSBC Bangladesh organised an online session on 4th July 2022 on “Transitioning to a circular economy with Sustainable Waste Management,” a press release said Wednesday. Md. Shahab Uddin, MP, Honourable Minister for Ministry of Environment, Forest and Climate Change was present as the Chief Guest. The session was also attended

Unilever ties up with CIRCULAR in plastic management

Unilever Bangladesh Limited (UBL) and CIRCULAR, an organisation engaged in plastic waste management, joined hands to collect 1000 tonnes of plastic from Dhaka in the next one year, a press release said Saturday. The plastic wastes (flexible, single-use and rigid) will be collected from Dhaka North City Corporation and Dhaka South

Premier Bank holds workshop on risk management

Premier Bank Limited organized a day-long workshop on ‘Risk Management in Banks’ on Saturday 11 June 2022, a press release said Sunday. Mohammed Ahmed Ali, Executive Director of Department of Off-Site Supervision, Bangladesh Bank was present as the Chief Guest. Managing Director & CEO of the bank M. Reazul Karim presided

Managing e-waste professionally

The quick expansion of the Internet and modern technology in Bangladesh has enabled the country to go for a massive digitalization in all of its sectors. Literally, Bangladesh has observed – indeed experienced – so substantial a progress in the Internet and Communication Technology sector over the past one decade