Bangladesh’s Nagad sees robust growth as daily transactions surpass 2-bln taka mark

DHAKA, Dec. 27 (NsNewsWire) –Nagad, the flagship payments platform of the Bangladeshi government, has recorded over two billion taka daily transactions, a milestone that highlights the faster adoption of the digital financial service in the country. Tanvir A Mishuk, managing director of Nagad, made the announcement at a ceremony in capital Dhaka on Thursday. According […]

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AIIB Approves USD100-Million Loan to Bangladesh for COVID-19 Response

To help Bangladesh respond to the challenges of the COVID-19 pandemic, the Asian Infrastructure Investment Bank (AIIB) has approved a USD100-million loan which will enable the Government of Bangladesh to ramp up its testing, tracing and treatment capacity and improve the longer-term pandemic preparedness of the country. Bangladesh is particularly vulnerable to the COVID-19 pandemic […]

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AUSTRALIA – BANGLADESH DEFENCE COOPERATION IN RESPONSE TO COVID-19

Australian High Commissioner Jeremy Bruer has handed over a consignment of Personal Protective Equipment (PPE) to Lieutenant General Md Mahfuzur Rahman, OSP, rcds, ndc, afwc, psc, PhD, the Principal Staff Officer of the Armed Forces Division. Five tonnes of PPE, consisting of 12,000 high quality coveralls and 200,000 gloves, was provided under the Defence Cooperation […]

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Interview: China contributes significantly to world economy amid COVID-19 pandemic: economist

China has demonstrated its excellent capability of running the economy smoothly, a leading Bangladeshi economist has said, noting that the country has maintained steady gross domestic product growth, transformed its financial management, banking system and capital market, and attracted foreign direct investment from developed countries by establishing itself as a global manufacturing hub. by Naim-Ul-Karim […]

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Resurgent Dialogue: Private Investment IN Uncertain Times- COVID Impact and Policy Implications for Bangladesh

Bangladesh needs to quickly design and roll out  policy actions and reforms on long-standing issues holding back private investment in order to effectively address the unfolding impact of COVID-led economic shocks. Identification of new opportunities that COVID presents, aligning critical reforms with country’s formal development strategies, actively exploring new investment sources such as from those […]

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Harvard scorecard finds Bangladesh upazilas struggling in disaster preparedness & recovery

Massachusetts, USA—A resilience scorecard developed by the Harvard Humanitarian Initiative (HHI) and Concern Worldwide in 2019 found that most households in Sharonkhola and Mongla upazilas in Bagerhat District, Bangladesh were inadequately prepared for and would have difficulty recovering from the impacts of disasters. Among the 462 heads of households who were surveyed in the two disaster prone upazilas or sub-districts, most […]

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Bangladesh telecommunication operators lose over 4.5 mln users as COVID-19 bites

DHAKA, July 9 (Xinhua) — Mobile phone subscribers in Bangladesh declined to nearly 161.506 million at the end of May, down over 4.5 million from February, a report said on Thursday.   Statistics of the Bangladesh Telecommunication Regulatory Commission (BTRC) showed that the number of subscribers of the mobile operators — Grameenphone, Robi Axiata, Banglalink and […]

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Convening body for Purbachal plot owners’ society formed

A 19-member convening committee of the Purbachal Society was formed on July 6, in an online webinar meeting with purbachol plot owners reside home and abroad. The community-based voluntary organization, which is committed to serve all the residents irrespective of cast, color, sex and religion, has recently been launched by the plot recipients of the […]

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Bangladeshi barbers wearing PPE help quell customers’ fears amid pandemic

Many hair salons and barbershops have been closed around the world to slow the spread of the COVID-19 pandemic and Dhaka, the capital city of Bangladesh, has been no exception, reports Xinhua. Barbershops and hairdressers reopened recently, however, after more than two months of a COVID-19-induced lockdown that ended late last month. But upon reopening, […]

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