Bangladesh’s Q1 remittances reach nearly 4 bln USD

DHAKA, Oct. 8 (NsNewsWire) — Bangladeshis living and working abroad remitted home nearly 4 billion U.S. dollars in the first quarter of the current 2015-2016 fiscal year, a central bank official said on Wednesday. Quoting provisional data, the Bangladesh Bank (BB) official told Xinhua that the flow of inward remittances in the first three months […]

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H&M Supplier Factories in Bangladesh Behind in Safety Fixes: Report

DHAKA, Oct.  7 (NsNewsWire) — H&M is “dramatically behind schedule” in fixing the dangers found in the factories of its Bangladeshi suppliers, according to a new report. H&M was one of more than 200 brands, including Adidas and Abercrombie & Fitch, who signed an accord to improve safety conditions in factories in Bangladesh after the […]

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Killing of 2 foreigners prompt tight security measures in Dhaka

DHAKA, Oct.  6 (NsNewsWire) — The otherwise busy main road at Baridhara diplomatic zone in Bangladesh capital Dhaka looked almost deserted on Monday, with little human activity and vehicular traffic. The normally busy roads and streets in Dhaka’s Gulshan, Banani and Baridhara diplomatic enclaves have also seen less traffic, reports Xinhua. Checkpoints have been erected […]

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ADB Extends New Loan to Expand Southwest Area Water Project

DHAKA, Oct. 6 (NsNewsWire) —  The Asian Development Bank (ADB) is providing fresh assistance to expand a water resources project in the southwest of Bangladesh that has sharply increased agriculture production and benefited over 191,000 people, including landless farmers and women. ADB is providing a $45 million loan and the Government of the Netherlands is […]

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IS militants destroy Syrian Palmyra’s Arch of Triumph

DAMASCUS, Oct. 5 (NsNewsWire) — The Islamic State (IS) militants on Sunday destroyed the centuries-old Triumphal Arch of the ancient city of Palmyra in central Syria, the country’s museums chief told Xinhua. The Triumphal Arch, which dates back to the second century AD, has been destroyed by the IS militants, just weeks after the terror […]

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Dengue hits Dhaka hard, number of cases in 2015 highest in 9 years

DHAKA, Oct. 4 (NsNewsWire) — Some 800 fresh cases of dengue were reported from Bangladesh capital Dhaka and elsewhere on the outskirts of the city over the last month, bringing the total number of confirmed cases till Sept. 30 this year in the country to some 1,400, reports Xinhua. The figure reported by the Institute […]

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Chinese, Bangladeshi leaders exchange congratulations on anniversary of ties

BEIJING, Oct. 4 (Xinhua) — Chinese and Bangladeshi leaders on Sunday exchanged congratulations on the 40th anniversary of the establishment of diplomatic ties between the two countries. As good neighbors, friends and partners, China and Bangladesh have built an ever stronger comprehensive cooperative partnership and their ties have progressed steadily, said Chinese President Xi Jinping […]

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ADB to Help Scale Up India-Bangladesh Cross-Border Power Exchanges

MANILA, PHILIPPINES, Oct. 1 (NsNewsWire) — The Asian Development Bank (ADB) is to help finance increased transmission capacity of a cross-border electricity link between India and Bangladesh which will allow Bangladesh to better meet sharply rising power demand and support increased power exchanges across South Asia.ADB’s loan of $120 million to Bangladesh will double the […]

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Bangladesh ranked 107th in global competitiveness index

DHAKA, Sept. 30 (Xinhua) — Bangladesh’s competitiveness among global economies has slightly improved to 107 out of 109 in rankings published yearly by the World Economic Forum (WEF). The country ranked 107 this year, from last year’s position 109, among 140 countries in the world, the report of World Economic Forum said. Bangladesh’s leading think-tank […]

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