In a notable instance of de-dollarization among the BRICS nations, Bangladesh will pay for a nuclear plant loan to Russia using the Chinese Yuan. The country is slated to pay approximately $318 …
Sri Lanka, a regional hub for enhancing connectivity for Daraz Group
The Daraz Group recently convened its strategic management meetings in Colombo, Sri Lanka. The leadership teams and senior management from the Daraz’s offices in Pakistan, Bangladesh, Nepal, Singapore …
Rana Plaza: ten years after the Bangladesh factory collapse, we are no closer to fixing modern slavery
At least 1,132 workers died when the Rana building collapsed in Bangladesh, while several thousand more were injured.
Bangladesh pays Russia in Yuan for NPP to avoid sanctions
Bangladesh has recently approved payment of $318m for payment to Russia in the Chinese currency of yuan for construction of the Rooppur NPP. At a recent meeting between the Bangladesh Finance Ministry …
Fast fashion under spotlight on Bangladesh factory disaster anniversary
On April 24, 2013, a clothing factory complex near Bangladesh’s capital collapsed, killing at least 1,138 workers.- Factory safety – In Bangladesh, a month after the disaster, unions and …
Bangladesh’s more commitment needed to ‘reach the top’ in terms of labour standards: US
As Bangladesh moves to graduate from a least developed country to a middle-income country in 2026, more will be expected of it on labour rights, as well human rights, and good …
IMF first review: Bangladesh ready with action plans to increase revenue, reserves
Officials say they are on track to meet the deadlines necessary to receive the 2nd tranche of the loan package …
Philippines court upholds ex-RCBC manager’s conviction
The Philippines appellate court has upheld the money laundering conviction of former Rizal Commercial Banking Corporation (RCBC) manager over an $81-million heist from the Bangladesh Bank in 2016.
Bathing in the toxic waters of Bangladesh’s ‘dead river’
STORY: The ‘Old Ganges’ in Bangladesh is a ‘dead river’. Fish have been replaced by human and industrial waste.But for many, this is home and they still depend on the toxic water to live, bathe and …
Thailand notches highest temperature on record as ‘monster’ heat wave roasts Southeast Asia
A multiweek heat wave impacting southeastern Asia has shattered all-time records, prompted school closures and killed at least 13 people, according to officials. Temperatures in parts of Bangladesh, China,