NsNewsWire | Bangladesh's First Press News Agency

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 […]

Bangladesh reduces traveler stress with advance ticket sales ahead of Eid festival

by Naim-Ul-Karim DHAKA, June 23 (Xinhua) — Long queues usually herald the start of Eid-related tickets sales to holiday makers in Bangladesh. Though large numbers of people were seen at the counters of Central Kamalapur Railway Station in Dhaka on Wednesday morning to secure their ride, as with other occasions, there were not massive crowds, […]

British PM makes last minute plea, calling EU decision “irreversible”

LONDON, June 22 (NsNewsWire) — Prime Minister David Cameron delivered a direct appeal to the British public Tuesday urging them to vote Remain in the upcoming historic referendum on EU membership, reports Xinhua. Speaking outside the No. 10 official residence, the somberly-addressed Cameron urged his own generation not to condemn their children and grandchildren to […]

Grameenphone pledges to educate about online bullying

DHAKA, June 22 (NsNewsWire) — With an estimated half billion youth in Telenor Asia’s markets of Bangladesh, India, Malaysia, Myanmar, Pakistan and Thailand accessing the internet for the first time in the next five years, Grameenphone and its parent company, Telenor Group, hope to educate young users on the benefits of connectivity, as well as […]

Helping Smooth and Reliable Electricity Supply in Rural Bangladesh

DHAKA, June 21 (Xinhua) — Access to grid electricity in rural areas is rapidly increasing with more than 300,000 new connections every month in Bangladesh. However, rural households often suffer from power cuts due to electricity supply constraints, network congestion, and over-loading. Through the Rural Electricity Transmission and Distribution (T&D) Project, the government is addressing […]

High interest rates, low financial literacy amongst barriers to RMG remediation: IFC/ILO Study

DHAKA, June 20 (NsNewsWire) — High interest rates and a lack of financial literacy are highlighted as major obstacles to factories in the Bangladesh Ready Made Garment (RMG) sector from obtaining remediation financing according to a report launched by the International Finance Corporation (IFC) and International Labour Organization (ILO) in Dhaka today. According to the […]

Youth hooked on mobile messaging but preference varies, says Telenor research

Fornebu, June 20 (NsNewsWire) — The Facebook family is strengthening its position amongst digital frontrunners globally. While most time is spent on messaging apps, today’s young consumers still rate SMS and mobile calls as intrinsic to their communication habits. And there’s a new challenger on the market: watch out as internet calls gain momentum in […]