World Bank says Bangladesh’s GDP growth decelerates to 6 pct

The Bangladesh Development Update October 2013 notes that GDP growth in FY13 decelerated, for the second year in a row, to six percent. Disruptions caused by political strife, deepening political tensions relating to the impending political transition and the inadequate improvements in the provision of power, gas and infrastructure were the key factors in the growth […]

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Professor Yunus lectures students on social business

DHAKA, Oct. 23 (nsnewswire) — Nobel Laureate Professor Muhammad Yunus during his recent visit to Poland has spoken  at a workshop on Social Business where 100 university students from around the world participated. News and Photo Courtesy:Yunus Center

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ADB Provides Additional Financing for Bangladesh-India Electrical Grid Interconnection

DHAKA, Oct. 23  (nsnewswire) —  The Asian Development Bank (ADB) and the Government of Bangladesh today signed a loan agreement for $12 million in additional financing for a cross-border electricity initiative between Bangladesh and India. Md. Abul Kalam Azad, Secretary, Economic Relations Division (ERD) and M. Teresa Kho, Country Director for ADB’s Bangladesh Resident Mission, […]

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Major ILO programme aims to make Bangladesh garment industry safer

DHAKA, Oct. 22 (ILO News) — The Government of Bangladesh (GoB) and the International Labour Organization (ILO) have launched a USD $24.21 million initiative – including a new Better Work programme – aimed at improving working conditions in the ready-made garment (RMG) industry in Bangladesh. The three-and-a-half year initiative, ‘Improving Working Conditions in the Ready-Made […]

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Bangladesh’s foreign exchange reserve hits all-time high

By Sheuli Akter, DHAKA, Oct. 22  (NsNewsWire) — Bangladesh’s foreign exchange reserve hit an all-time high of over 17 billion U.S. dollars on the back of an increase in exports and inflow of remittances ahead of the biggest Islamic religious festival, said an official Tuesday. AFM Asaduzzaman, senior spokesman of Bangladesh Bank, told NsNewsWire that the country’s “foreign […]

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Beximco Pharma celebrates World Osteoporosis Day

Dhaka, Oct. 21 (Beximco Press Release) — Celebrated globally on October 20, World Osteoporosis Day is an annual event to raise awareness about the prevention, diagnosis, and treatment of osteoporosis or bone loss. Osteoporosis is the thinning of bones and reduction of bone mass which is very common after age 50 particularly in post-menopausal women. […]

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ILO to launch major new programme to improve garment factory safety in Bangladesh

BANGKOK, Oct.21 (ILO Press Release) ─ The International Labour Organization (ILO) and the Government of Bangladesh will launch a new programme to improve working conditions in the ready-made garment (RMG) sector in Bangladesh, on Tuesday 22 October in Dhaka. The three-and-a-half year initiative will focus on improving RMG factory building safety and workers’ rights and […]

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