AIIB to provide $400m as budget support to Bangladesh

The government today signed a $400 million budget support loan agreement with the Asian Infrastructure Investment Bank (AIIB) to implement the second subprogram of the Sustainable Economic Recovery Programme. The Sustainable Economic Recovery Programme (subprogramme-2) launched in October 2021 to support economic recovery after the COVID-19 pandemic, also aims at advancing

WB MD reiterates strong support to Bangladesh

World Bank Managing Director for Operations Axel van Trotsenburg on Tuesday reaffirmed the World Bank's strong support for Bangladesh to help achieve its vision of upper-middle income status by 2031.He came to Dhaka on Saturday on a three-day visit, marking the 50 years of partnership between the World Bank and

PM urges WB to raise support to pandemic, war hit nations

Prime Minister Sheikh Hasina on Monday urged the World Bank and other international organisations to boost their support for the countries hit by the Covid-19, the Russia-Ukraine war and climate changes.The premier made this call when World Bank Managing Director for Operations Axel van Trotsenburg paid a courtesy call on

WB to continue to support Bangladesh’s digital journey

Visiting World Bank (WB) Managing Director Axel Van Trotsenburg on Sunday praised the excellent progress of 'Digital Bangladesh' and promised to continue their support in Bangladesh's digital journey to flourish the ICT sector.His assurance came at a function organised by ICT Division, marking the `Celebration of 50 years of Bangladesh

Mitsubishi to continue support Bangladesh power industry

 Mitsubishi Power, a leading Japanese brand in power system solutions, has expressed commitment to continue its support for Bangladesh's power industry. "Together with our valued partners and customers, we are committed to supporting Bangladesh in realising its energy needs and achieving net zero emissions," said Osamu Ono, Managing Director and Chief

PM seeks WHF support in medical science research

Prime Minister Sheikh Hasina on Saturday sought cooperation from the World Heart Federation (WHF) to carry out basic research on medical science and to build skilled manpower in the health sector of the country. "Help us in conducting basic research on the medical science and give state-of-the-art training for the

Anwar Group supports helpless people

Anwar Sheet, brand of Anwar Group, has been working on rehabilitating helpless and disaster-stricken people since its inception, a press release said Monday. Cement sheets were handed over for disaster management at Central Storage Depot,Tejgaon Industrial Area,  on 22ndNovember, 2022.  Dr. Md Enamur Rahman MP, state minister of Disaster and Relief

BGMEA to support initiative of rickshaw display

As part of its branding Bangladesh initiatives, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will support an initiative launched by a group Bangladeshi youths to promote the tradition and cultural heritage of Bangladesh internationally. BGMEA will sponsor the “We Love Rickshaw” initiative under which Manchester Museum of the UK will

SCB supports 80 DU students

Standard Chartered Bangladesh (SCB) has recently disbursed the prestigious Governor Scholarship to 20 top students from the University of Dhaka’s Department of Development Studies and 60 top students from the university’s Department of Economics, a press release said Monday. The Governor Scholarship is a merit and need-based reward that is given

UN, ADB to support Bangladesh in climate actions

The United Nations and the Asian Development Bank (ADB) have assured Bangladesh of providing all necessary assistance to cope with climate change impacts and implement National Adaptation Plan (NAP). The assurance came when United Nations Resident Coordinator in Bangladesh Gwyn Lewis and Asian Development Bank (ADB) Country Representative Edimon Ginting