Monday October 23, 2017 03:50

BANGLADESH Press Releases

Kaspersky Lab Names New General Manager for South Asia region IT—18 Oct 17

Global cybersecurity company Kaspersky Lab has announced the appointment of Shrenik Bhayani as its new General Manager for the South Asia region covering India, Sri Lanka, Bangladesh, Nepal, Bhutan, and the Maldives. He is joining the company's Asia

World Bank Stands with Bangladesh to Support Rohingya Refugees Stcoks—12 Oct 17

WASHINGTON--12 Oct--World Bank

WASHINGTON, October 11, 2017 – Bangladesh today asked the World Bank for support to cope with hundreds of thousands of Rohingya refugees, and the World Bank said it is ready to move with a program of support for the government, host communities, and the refugees.

While Bangladesh has kept its doors open to the refugee influx, its ability to provide for them has been stretched, as the country struggles with its own poverty challenges. The value of the World Bank investment has yet to be decided but the program of support could include expanding access to health, education, water, sanitation, and roads.

"The situation has affected Bangladesh greatly and is still evolving with new refugees arriving every day," said Bangladesh Finance Minister Abul Mall Abdul Muhith. "We are especially thankful for the strength and generosity of the Bangladeshi people. However, the scale of the needs requires a global humanitarian and development response, and we look forward to the World Bank's support."

The Government of Bangladesh can tap into a new and innovative World Bank financing instrument, the special window for refugees of the International Development Association (IDA), the World Bank's fund for the poorest.

"We appreciate that Bangladesh is supporting the Rohingya people as it works

A Center of Excellence for Urban Development Launched in Bangladesh Stcoks—05 Oct 17

Dhaka, October 4, 2017 — Bangladesh has experienced some of the most rapid urbanization in South Asia, yet the cities offer inadequate infrastructure and low levels of urban services, particularly in district towns and municipalities. A new Center

World Bank Helps Bangladesh Improve Public Procurement Performance Stcoks—30 Aug 17

DHAKA, August 29, 2017 – The government of Bangladesh today signed an agreement with the World Bank to use digital technology to monitor the country's annual development programs and improve the performance of public procurement. The $55 million

Project Signing: Bangladesh Receives $515 million World Bank Financing to Improve Health and Stcoks—29 Aug 17

DHAKA, August 28, 2017— The government of Bangladesh today signed a $515 million financing agreement with the World Bank to improve the country's health, nutrition, and population services. The Health Sector Support Project will contribute to the

Project Signing: World Bank Helps Bangladesh Ensure Reliable and Affordable Electricity Stcoks—25 Aug 17

Dhaka, August 24, 2017—The government of Bangladesh today signed a $59 million financing agreement with the World Bank to improve reliability and efficiency of the country's power system, with the aim to provide reliable and low cost electricity to

Project Signing: World Bank Helps Bangladesh Improve Water and Sanitation Services in Stcoks—07 Aug 17

DHAKA, August 6, 2017 – The government of Bangladesh today signed an additional $47.50 million financing agreement with the World Bank to continue construction of new water infrastructure in Chittagong, and provide access to safe water to around

A Modern Dhaka is Key to Bangladeshs Upper-Middle Income Country Vision Stcoks—20 Jul 17

DHAKA, July 19, 2017 — With 36 percent of the country's urban population living in Greater Dhaka, the capital of Bangladesh has become one of the world's most densely populated cities. To achieve its vision of becoming an upper-middle income

Photo Release: AIT to provide customized professional training to Power Grid Company of General—15 Jun 17

A Memorandum of Understanding (MoU) was signed on 9 June 2017 between the Asian Institute of Technology (AIT) and Power Grid Company of Bangladesh Limited (PGCB) in which AIT will provide high-quality customized professional development courses for

IMF Executive Board Concludes 2017 Article IV Consultation with Bangladesh Stcoks—09 Jun 17

On May 26, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV Consultation with Bangladesh, and considered and endorsed the staff appraisal without a meeting. [1] Steady monetary policy management and fiscal

Bangladesh Needs a Proactive Strategy to Address Increasing Jobs Challenges: World Bank-ILO Stcoks—06 Jun 17

DHAKA, June 5, 2017 — Despite Bangladesh's robust economic growth, the pace of job creation has slowed in the recent years, says a new World Bank analysis discussed today at a high-level workshop. The country needs to proactively address the

People#s Republic of Bangladesh #BB-/B# Ratings Outlook Stable Stcoks—19 May 17

On May 19, 2017, S&P Global Ratings affirmed its 'BB-' long-term and 'B' short-term sovereign credit ratings on the People's Republic of Bangladesh. The outlook remains stable. The transfer and convertibility (T&C) assessment remains

World Bank Announces Winners of #ProsperBangladesh Selfie Contest Stcoks—18 May 17

Dhaka, May 17, 2017 — The World Bank today awarded prizes to winners of the #ProsperBangladesh Selfie Contest 2017. Aimed at engaging youth in a dialogue on Bangladesh's development priorities, the month-long contest received hundreds of

Movenpick Hotels Resorts signs new hotel in Sylhet, Bangladesh, with plans to open in Lifestyle—09 May 17

Resort in popular Bangladeshi destination will offer upscale accommodation, meeting facilities, a spa and retail zone Mövenpick Hotels & Resorts is set to open a 210-room hotel in Bangladesh in the third quarter of 2018. The business and leisure

Bangladesh Can Win from Reforms, Private Investment in Ports Stcoks—28 Apr 17

DHAKA, April 27, 2017— Bangladesh and its South Asian neighbors can make their container ports more efficient by boosting private sector participation, improving governance and encouraging competition in order to grab a bigger share of

World Bank Supports Bangladesh in Modernizing the Power Sector Stcoks—27 Apr 17

WASHINGTON, April 26, 2017—The World Bank today approved $59 million in financing to help Bangladesh meet the increasing demand for electricity by improving the reliability and efficiency of the entire power system, from electricity generation to

Dusit International expands global footprint with its first hotel in Bangladeshs capital Lifestyle—21 Apr 17

Dusit International, one of Thailand's foremost hotel and property development companies, is set to expand its global footprint once again with the opening of DusitPrincess Dhaka, the company's first property in Bangladesh, under a long-term arrangement

Bangladesh and World Bank Partner together to Strengthen E-governance and Improve Dhaka#s Air Stcoks—19 Apr 17

DHAKA, April 18, 2017 – The government of Bangladesh today signed two additional financing agreements totaling $74 million with the World Bank to improve the country's e-government services across its agencies, as well as improve air quality of

Book your perfect trip for less with 1Free1, ONYXs biggest sale of the Lifestyle—10 Apr 17

For those considering beach getaways and urban adventures in the most attractive destinations across Thailand, Maldives, China, Hong Kong, Laos, Malaysia, Sri Lanka and Bangladesh, there is no better time to plan than now! The perfect holiday starts from

Exciting new international Rope Access projects for Dacon at Bangladesh General—10 Apr 17

Dacon Inspection Services as the leader of inspection and engineering services recently got an exciting project for challenging international projects in Bangladesh. This project to be undertaken in Bangladesh were remote flare inspections. This involved

#ProsperBangladesh SELFIE CONTEST 2017 Launched Stcoks—17 Mar 17

DHAKA, March 16, 2017: The World Bank Bangladesh today launched a social media competition titled '#ProsperBangladesh Selfie Contest2017', to hear and firsthand experience your views on what will it take Bangladesh to become a middle income country by

PRESIDENT PARK BY KINGSTON HOTELS GROUP WELCOMES EMBASSY SECRETARY AND STAFF General—10 Mar 17

Embassy Secretary and Staff Club, led by Khun Kanapattara Somjest, Social Secretary to Ambassador from Embassy of Bangladesh (2nd row, 5th from right), held a dinner event purposing to gather around and to tighten relationships among members from 26

IMF Staff Completes 2017 Article IV Mission to Bangladesh Stcoks—10 Mar 17

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's

Bangladesh: Statement on Vehicle Hand Over Stcoks—27 Feb 17

DHAKA, February 26, 2017 — The World Bank Group today issued the following statement by Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal: 'The World Bank takes the issue of compliance with national laws very seriously. We

Bangladesh: Statement on Vehicle Hand Over Stcoks—27 Feb 17

DHAKA, February 26, 2017 — The World Bank Group today issued the following statement by Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal: 'The World Bank takes the issue of compliance with national laws very seriously. We

Government of Bangladesh and the World Bank Working Together for Bangladeshs Stcoks—24 Feb 17

DHAKA, February 22, 2017: The World Bank reiterates its continued support to Bangladesh during a meeting between Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal and Mr. AHM Mustafa Kamal, Honorable Minister of Planning. The

Dinner in honour of H.E. Mr. Nurul Islam at Dusit Thani Bangkok General—22 Feb 17

H.E. Ms. Saida Muna Tasneem, Ambassador of Bangladesh to Thailand recently hosted a dinner at Bangrak room of Dusit Thani Bangkok in honour of H.E. Mr. Nurul Islam, B.Sc., Hon'ble Minister of Ministry of Expatriates' Welfare and Overseas Employment,

Bangladesh: Statement on Passbook Submission Stcoks—21 Feb 17

DHAKA, February 20, 2017 — The World Bank Group today issued the following statement from Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal "The World Bank is fully cooperating with the National Board of Revenues (NBR) and

Bangladesh, World Bank Cooperate to Empower Poor Mothers and Improve Child Stcoks—20 Feb 17

Bhurungamari, February 19, 2017 — The government of Bangladesh and the World Bank today launched a cash benefits program for 600,000 of the country's poorest mothers and pregnant women in exchange for their participation in activities to improve

New IMF Training and Technical Assistance Center for Economic Capacity Building in South Stcoks—14 Feb 17

SARTTAC is a collaborative venture between the IMF, the member countries (Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka) , and development partners. The Center aims at helping its member countries strengthen their institutional and human