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Tag: Bangladesh

Posted on April 9, 2024

Bangladesh Bank goes back to tightening loan classification rules

The Bangladesh Bank has finally reinstated its loan classification rule of 2012 by cutting the overdue time of a term loan by three months in line with the international practice in response to the …
Posted on April 9, 2024

Bangladesh’s new BGMEA board, president take charge

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA)’s new president Sammilito Parishad’s S.M. Mannan (Kochi) and board of directors officially took over on 6 April 2024.
Posted on April 9, 2024

Brazil thankful for Bangladesh’s substantive contribution to G20 discussions: Visiting foreign minister

Global challenges are interconnected and can only be addressed through reinvigorated multilateralism, reforms and international cooperation, Brazilian Foreign Minister Mauro Vieira said on Monday. “We …
Posted on April 9, 2024

Bangladesh’s amazing growth: A potential catalyst for increased investment

There cannot be any doubt that Bangladesh’s development has exceeded all expectations of critics, foes, and even friends—especially more so in the last decade under the judicious leadership of the …
Posted on April 9, 2024

Chaos At Bangladesh’s Top Engineering University As Court Lifts Ban On Student Politics

Bangladesh’s top court has stayed a ban on campus politics at BUET, where it has emerged as a divisive issue. The ban, it has been alleged, gave extremist groups a free run on campus.
Posted on April 8, 2024

Aakar Patel | Free, fair polls: How Bangladesh & Pakistan show the way not to go

Bangladesh is listed as a “partly free” nation in the Freedom House report of 2024. Other countries in South Asia like India and Pakistan are also classified in the same way. Bangladesh is today, …
Posted on April 8, 2024

Bangladesh facing challenges in attracting FDI: ICCB

International Chamber of Commerce, Bangladesh on Monday said that Bangladesh was struggling with attracting foreign direct …
Posted on April 8, 2024

Nestlé Bangladesh appoints Hosne Ara Loma as HR director

Nestlé Bangladesh PLC, the Switzerland-originated Nutrition, Health & Wellness company, has announced the appointment of Hosne Ara Loma as their new human resources director. Hosne Ara Loma has a …
Posted on April 8, 2024

Inflation, BOP deficit, declining reserves among Bangladesh’s 2024 challenges: ICCB

These include high inflation, a balance of payment deficit coupled with budget shortfalls, a decrease in foreign exchange reserves, declining remittances, currency depreciation, increasing income …
Posted on April 8, 2024

IFC to invest $30m in Pran Group to boost Bangladesh’s private sector resilience, job creation

The International Finance Corporation (IFC) has earmarked a $30 million investment for Pran Dairy Limited (PDL) and Habiganj Agro Limited (HAL), subsidiaries of the PRAN Group, a significant entity in …

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