NsNewsWire | Bangladesh's First Press News Agency

World Bank provides additional $100 million to improve vocational skills and employability of 420,000 Bangladeshi youths

DHAKA, May 08 (NsNewsWire) — The government of Bangladesh Sunday launched implementation of $100 million additional financing provided by the World Bank to strengthen technical and vocational education in the country. The World Bank’s additional financing will provide 420,000 poor students with the skills to find better jobs in the local and overseas job markets. […]

President’s clemency only option for Bangladeshi Islamist party chief to stall imminent execution

By Naim-Ul-Karim DHAKA, May 5 (Xinhua) — Bangladesh’s apex court has upheld its previous verdict on Bangladesh Jamaat-e-Islami Ameer (president) Motiur Rahman Nizami for crimes against humanity during the country’s war of independence in 1971, meaning that the country’s largest Islamist party chief now only has the option of seeking the president’s mercy to stall […]

Feature: Grisly health warnings on cigarette packs aimed at shocking Bangladeshis into quitting

Naim-Ul-Karim DHAKA, May 4 (Xinhua) — Just a few days ago rickshaw puller Kawsar Islam was a chain smoker but once the health risks of smoking became crystal clear to him recently he drastically cut down the number of cigarettes he smokes a day. He is now seriously planning to kick his smoking addiction for […]

Climate-Driven Water Scarcity Could Hit Economic Growth by Up to 6 Percent in Some Regions, Says World Bank

WASHINGTON, May 3 (NsNewsWire) — Water scarcity, exacerbated by climate change, could cost some regions up to 6 percent of their GDP, spur migration, and spark conflict, according to a new World Bank report released today. High and Dry: Climate Change, Water and the Economy, says the combined effects of growing populations, rising incomes, and […]

“Made In China” goods drive mobile phone, electronics markets in Bangladesh

by Naim-Ul-Karim Hadi Md. Suruz Sarkar buys made in China devices from markets in Guangzhou, the capital city of Guangdong province in South China, and resells them at Bangladesh’s biggest underpass market in Dhaka’s Bangabandhu Square (Gulistan), reports Xinhua. Sarkar’s shop is full of Chinese accessories and devices and, indeed, Bangladesh’s famed underpass market, is […]

Bangladesh Apparel Exports Can Create More Jobs: World Bank

DHAKA, May 2, (NsNewsWire) — Clothing exports could create more and better jobs in Bangladesh if the country makes improvements in productivity, product quality and reliability, and by enforcing better safety conditions and other compliance policies, a World Bank report said. A new World Bank report “Stitches to Riches: Apparel Employment, Trade and Economic Development” […]

State Minister for Foreign Affairs met the Chinese Foreign Minister in Beijing

DHAKA, April 28 (NsNewsWire) — Md. Shahriar Alam, MP, State Minister for Foreign Affairs, who is now in Beijing to attend the 5th Ministerial Meeting of the Conference on Interaction and Confidence Building Measures in Asia (CICA), met the Foreign Minister of the People’s Republic of China Wang Yi yesterday on 27th April at the […]

UNESCAP forecasts Bangladesh 2007 growth at 7 pct

DHAKA, April 28 (NsNewsWire) — The following is the country briefing notes of UNESCAP report titled, “Economic and Social Survey of Asia and the Pacific 2016”: “Bangladesh has sustained a robust and resilient economic growth rate of more than 6% in the past several years. In 2015, output grew by 6.5%, up from 6.1% in […]

“Inequalities of all kinds are on the rise”: ActionAid

DHAKA, April 28 (NsNewsWire) — The top 1% of the global population controls over half of global wealth— while the poorer half of the world controls less than 1% of wealth. The combined wealth of the 200 richest people in the world ($3.18 trillion) is greater than the total wealth of Africa ($2.83 trillion) and […]