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A service for banking industry professionals · Sunday, May 11, 2025 · 811,616,610 Articles · 3+ Million Readers
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  • Published on 04:57 GMT

    World Bank sees favouritism in digital bank licensing

    Highlights: World Bank cites favoritism, corruption in license awarding process Nagad allegedly gained advantage through political connections, not merit bKash denied license despite top score in evaluation Kori failed to meet document submission deadline …

    Source: The Business Standard - Neutral
  • Published on May 10, 2025

    Bangladesh secures $280m World Bank loan for Chattogram water project

    The World Bank Group will provide $280.00 million in loan to Bangladesh to increase access to safe, climate resilient water supply and improve sanitation in Chattogram city. To this end, the Bangladesh government and the International Development …

    Source: The Business Standard - Neutral
  • Published on May 9, 2025

    Business News | World Bank Chief Ajay Banga Meets UP CM Yogi Adityanath During Day-long Lucknow Visit

    Lucknow (Uttar Pradesh) [India], May 9 (ANI): World Bank President Ajay Banga met Uttar Pradesh Chief Minister in the state's capital on Friday. The World Bank Chief is on day-long visit to Lucknow to attend a host of meetings and events. Under the …

    Source: Latestly - Indeterminate
  • Published on May 8, 2025

    Prime Minister Meets with President of the World Bank Group

    41 Prime Minister Dr. Harini Amarasuriya met with Mr. Ajay Banga, President of the World Bank Group, at the Prime Minister’s Office to discuss Sri Lanka’s development priorities and the continuation of strategic collaboration. The Prime Minister expressed …

    Source: Daily News - Pending
  • Published on May 8, 2025

    World Bank-IMF Spring Meetings Send Signal to South Asia: Fix the Fundamentals

    The 2025 Spring Meetings of the International Monetary Fund (IMF) and World Bank concluded recently in Washington, D.C., against a backdrop of rising protectionism and declining development finance. Although in the recent past, these meetings had become an …

    Source: The Diplomat - Neutral
  • Published on 15:37 GMT

    The Carbon Aristocracy: How the Rich Engineered the Climate Crisis — And Made You Pay for It

    When we talk about the climate crisis, the blame often trickles downward. Ordinary people are told to recycle more, eat less meat, buy electric cars, and shrink their “carbon footprints.” However, a new study published in Nature Climate Change makes …

    Source: The American Spectator - Virginia - Right-wing
  • Published on May 9, 2025

    Is the IMF loan programme still worth it for Bangladesh?

    It looks like there is a chance Bangladesh may walk away from the ongoing $4.7 billion IMF loan programme if new conditions are added. "Bangladesh will withdraw if the IMF imposes more conditions for loan release. Because if all the conditions of the …

    Source: The Business Standard - Neutral
  • Published on May 10, 2025

    Be realistic, avert risks

    Big budgets create unnecessary expectations, says former World Bank economist Zahid Hussain In a country weighed down by high inflation, dwindling fiscal space and weak investments, now is not the time for illusions. The interim government, free from …

    Source: Daily Star - Neutral
  • Published on May 10, 2025

    IMF loan: Deadlock broken, at last

    The government is set to reach an agreement with the International Monetary Fund over the exchange rate issue that has been holding up the release of the fourth and fifth tranches of the $4.7 billion loan programme soon. Both the parties have moved from …

    Source: Daily Star - Neutral
  • Published on 04:57 GMT

    Govt's 5,238MW grid-tied solar push faces tepid response from investors

    The government's ambitious push to install 5,238 megawatts of grid-tied solar power at 55 sites across Bangladesh has hit a stumbling block. Despite repeated deadline extensions for tender bids, the initiative has drawn a lukewarm response, signalling …

    Source: The Business Standard - Neutral
  • Published on May 10, 2025

    Budget to shrink amid fiscal strain

    Bangladesh's interim government is preparing to unveil a rare contractionary budget on June 2, driven by a sharp rise in interest payment that is crowding out fiscal space and forcing spending cuts. The national budget for fiscal year 2025-26 is set at …

    Source: Daily Star - Neutral
  • Published on 02:20 GMT

    Experts react: India and Pakistan have agreed to a shaky cease-fire. Where does the region go from here? 

    The skies have gone quiet—mostly. India and Pakistan announced a sudden cease-fire on Saturday after four days of trading increasingly severe strikes, centered around the disputed area of Kashmir. Hours later, reports emerged of shots fired on both sides, …

    Source: Atlantic Council - Indeterminate
  • Published on 01:43 GMT

    Operation Sindoor, the final nail: How Modi redrew the rules of game and crushed Pakistan’s decades-old Operation Tupac

    India’s Operation Sindoor, launched in response to the Pahalgam terror attack, marked the country’s most decisive action yet against Pakistan’s long-standing ‘bleed India with a thousand cuts’ strategy. While it remains to be seen whether this will …

    Source: Organiser Weekly - Pending
  • Published on May 10, 2025

    $280m WB loan to improve Ctg water supply

    The World Bank would provide US$ 280 million for improving the water supply system in Chattogram as it signed a loan agreement on Saturday with Bangladesh government. Md Shahriar Kader Siddiky, Secretary, Economic Relations Division (ERD), and Ms Gayle H …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on May 6, 2025

    Bangladesh cracks down on illegal wildlife captivity — but what happens after?

    In one of several such crackdowns, forest authorities in Bangladesh recently rescued 48 animals — including endangered species — from an illegal mini zoo in Mymensingh. The animals were found in poor health, confined to cramped cages, and were reportedly …

    Source: Mongabay - Neutral
  • Published on May 6, 2025

    From safe haven to hidden hazard: Bangladesh’s growing yen debt strain

    Highlights: Yen loans backfire as currency volatility erodes financial gains Bangladesh lost $13M converting yen loan into dollars Rising yen and interest rates increase real repayment costs Chattogram project faces unsustainable debt without commercial …

    Source: The Business Standard - Neutral
  • Published on May 10, 2025

    As the IMF bails out Pakistan yet again, accountability is the casualty

    On May 9, in a tense session marked by geopolitical friction, the International Monetary Fund approved Pakistan’s 24th bailout: a $1 billion disbursement under the Extended Fund Facility and $1.3 billion from the Resilience and Sustainability Facility. …

    Source: The Indian Express - Center-left
  • Published on May 10, 2025

    Pakistan and IMF: The cycle of bailout, dependency, lack of structural reforms

    Latest in India-pakistan news, the current IMF bailout for Pakistan exceeding $1 billion is the 24th bailout by the International Monetary Fund since 1958. Over the last 7 decades, Pakistan has resorted to a continuous cycle of debt, policy inertia, and …

    Source: Financial Express - Neutral
  • Published on May 10, 2025

    Why the Kashmir Crisis Matters to Us

    Two weeks ago, rifle shots rang out across Jammu and Kashmir as jihadist terrorists murdered 26 unarmed tourists. This week, the northern Indian state got an encore as India and Pakistan exchanged missiles and drone strikes across the border and into …

    Source: The Washington Free Beacon - Virginia - Right-wing

01 days 10:42:05

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