NsNewsWire | Bangladesh's First Press News Agency

The Significance of Lailatul Qadr

by Safiul Azam * Lailatul Qadr is most commonly known as Shab-e-Qadr, the Night of Decree, Night of Power, Night of Value, Night of Destiny, or Night of Measures, is the night when the first verses of the Quran were revealed to the prophet Muhammad (PBUH). It is one of the odd nights of the last ten days of Ramadan and is better than thousands months […]

Grameenphone touches 10,000 3G BTS landmark

DHAKA, June 27 (NsNewsWire) — Grameenphone Ltd has crossed the magic number of 10,000 3G sites at 10,000 locations across Bangladesh, bringing in around 90% of the population under GP’s 3G coverage. State Minister, Begum Tarana Halim, MP, Ministry of Posts, Telecommunications and IT inaugurated the 10,000th 3G site at a celebration ceremony, arranged at […]

PM inaugurates construction work metro rail service

DHAKA, June 26 (NsNewsWire) — Prime Minister Sheikh Hasina Sunday inaugurated construction work of the 2.5 billion US dollars metro rail service project. The Japan International Cooperation Agency (JICA) is providing 165.95 billion taka of the 220 billion taka project covering a distance of 20km. Through a video conference from a function in Dhaka’s Bangabandhu […]

AIIB’s First Annual Meeting of its Board of Governors held in Beijing: Governors note progress during the Bank’s first 6 months of operation

Beijing, June 26, (NsNewsWire) — The Board of Governors of the Asian Infrastructure Investment Bank (the Bank) convened in Beijing on June 25, 2016 for the Bank’s first Annual Meeting. The Governors representing the Bank’s 46 Founding Members took stock of the progress that the Bank has made since opening its doors on January 16, […]

AIIB’s Board of Directors establish a Project Preparation Special Fund China provides initial $50 million start-up contribution

Beijing, June 26 (NsNewsWire) — AIIB President Jin Liqun and Chinese Vice Minister of Finance Shi Yaobin have signed a Contribution Agreement in Beijing on China’s $50 million contribution to the newly established AIIB Project Preparation Special Fund (the Fund). The Bank’s Board of Directors approved the Rules and Regulations for the Fund during its […]

World Bank Increases Support for Health Sector in Bangladesh

Dhaka, June 26 (NsNewsWire) — The World Bank approved $150 million in additional financing to help strengthen Bangladesh’s health systems and improve health services, particularly for the poor. This additional financing to the Health Sector Development Program will continue support to implement the government’s Health Sector-wide Program. The support will help the government address health […]

AIIB’s Board of Directors Approves $509 M Financing for its First 4 Projects:Power, Transport and Urban Investments span South, Southeast and Central Asia

Beijing, June 24 (NsNewsWire) — The Asian Infrastructure Investment Bank’s Board of Directors today approved its first 4 loans totaling $509 million to finance 4 projects. Three of the 4 projects are co-financing operations with multilateral development bank (MDB) partners. The approved loans are:  a $165 million loan for a Power Distribution System Upgrade […]

Robi train ticketing solution makes Eid travel easy

DHAKA, June 23 (NsNewsWire) — As we near the end of the holy month of Ramadan, people are busy making their travel plans to visit their near and dear ones across the country. Long queues have already become a common site in the major railway stations of the country. As the leading digital service provider […]

Solar home systems lighting up rural Bangladesh

DHAKA, June 23 (NsNewsWire) — The Rural Electrification and Renewable Energy Development II (RERED II) Project provides electricity in rural remote villages of Bangladesh through solar power and renewable energy sources. Together, the RERED II and its predecessor RERED project have supported more than 3.9 million solar home systems (SHS) in rural Bangladesh benefiting over […]