GREEN CLIMATE FUND ACCREDITS ADB TO TAP KEY FINANCE FOR ASIA-PACIFIC

  GREEN CLIMATE FUND ACCREDITS ADB TO TAP KEY FINANCE FOR ASIA-PACIFIC MANILA, PHILIPPINES (27 March 2015) — The Asian Development Bank (ADB) has become the first multilateral development bank accredited to receive financing from the Green Climate Fund (GCF) for projects to enhance climate change mitigation and adaptation in its developing member countries. The […]

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Resilient Livelihoods and Disaster Preparedness in Coastal Areas

DHAKA, March 25 (NsNewsWire) — The World Bank has been supporting the Government of Bangladesh through the Emergency 2007 Cyclone Recovery and Restoration Project (ECRRP) to restore the livelihoods of people affected by the Cyclone Sidr (2007) and Cyclone Alia (2009), and to build long-term disaster preparedness. ECRRP has been constructing new cyclone shelters, repairing […]

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Bangladesh tea prices fall despite thin supplies amid unrest

March 19 (Reuters) – Tea prices in Bangladesh fell sharply for a second straight week at the weekly auction on Wednesday on subdued demand from local buyers despite a drop in supplies amid political unrest. Bangladesh has been racked by political unrest since anti-government protests turned violent early this year over a disputed election a […]

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China to reveal detailed “Belt and Road” roadmap

BEIJING, March 16 (Xinhua) — China will release the implementation plan for the Belt and Road initiatives when the 2015 Boao Forum for Asia opens at the end of the month in south China. Sources told Xinhua that the implementation plan will include a detailed list of major infrastructure projects concerning railways, roads, energy, information […]

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Bangladesh labor leader arrested during Rana Plaza protest in New Jersey

New Jersy, March 16 (NsNewsWire) — Kalpona Akter, a well-known activist, traveled the US to fight for garment industry safety and raise funds for families in factory disaster. Kalpona Akter, one of the best-known labor leaders in Bangladesh, has visited 16 American college campuses over the past three weeks, urging students to press two major […]

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Norway may pull investment from Bangladesh’s coal plant

Norway’s pension fund may withdraw investment from a coal plant to be built with Indian partner on the edge of Sundarbans mangrove forest, citing threat of severe environmental damage. The massive 1,320 megawatt Rampal thermal plant would sit on the edge of Sundarbans, the world’s largest mangrove forest, in Bangladesh. For more than two years, […]

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Telenor offers affordable data roaming while travelling

BARCELONA, March 3 (NsNewsWire) — Telenor Group is launching a company-wide retail roaming initiative in a move to eliminate high and unpredictable costs for data-hungry consumers using mobile services while abroad. The company will gradually introduce roaming initiatives across the group, starting with Europe in 2015. “We want to encourage our customers to use data […]

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China Focus: China cuts interest rates again

BEIJING, March 1  (Xinhua) — China’s central bank announced on Saturday that it will slash benchmark deposit and loan interest rates by 25 basis points from March 1, a second such cut in three months, underscoring continuing downward pressure on the world’s second-largest economy. The cut will bring the one-year deposit rate to 2.5 percent, […]

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“Birdman” flies high on white-dominated Oscar night

LOS ANGELES, Feb. 24 (NsNewsWire) — Alejandro G. Inarritu, director of black comedy movie “Birdman,” went onto the stage of the 87th annual Academy Awards ceremony three times on Sunday night. He was the biggest winner on the Oscar night, receiving three golden statuettes for best original screenplay, for best director and, at last, for […]

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