Mohammed Saiful Alam, founder and chairman of the controversial S Alam Group, has filed an arbitration case with the World Bank鈥檚 International Centre for Settlement of Investment Disputes (ICSID), accusing the Bangladesh government of causing millions of dollars in losses through its asset recovery campaign, according to The Financial Times.
Under the Bangladesh Insurance Sector Development Project, financed by the government of Bangladesh and the World Bank, package-based automation activities are ongoing at Sadharan Bima Corporation...
The government is set to collaborate with the World Bank and the Asian Development Bank to bolster its capacity in negotiating free trade agreements with multiple countries, a key step in ensuring Bangladesh鈥檚 smooth and sustainable graduation from the least developed country status in November 2026...
THE latest World Bank report showing that poverty in Bangladesh increased to 21.2 per cent in the 2024鈥�25 fiscal year, up from 20.5 per cent a year ago, is a troubling reminder that the economic recovery remains fragile. The World Bank attributes the poverty rate to a combination of factors, including slow growth, stubbornly high inflation and a weakening labour market...
Bangladesh鈥檚 economy bounced back strongly in the latter half of FY25 driven by robust export growth, record remittance inflows and an increase in foreign exchange reserves following disruptions in the first half of the year, according to a new World Bank report released on Tuesday...
Bangladesh interim government chief adviser Professor Muhammad Yunus has urged the World Bank (WB) to assist in recovering the stolen funds and support the reform and modernisation of the Chittagong Port, emphasising its potential to generate millions of manufacturing jobs and enhance regional cooperation.
Bangladesh lost 25 million workdays to extreme heat in 2024, causing an estimated economic loss of up to $1.78 billion, or 0.3鈥�0.4 per cent of the gross domestic product, a World Bank study released in Dhaka on Tuesday said.
Iraq signed on Saturday investment deals worth $1 billion in its energy, agriculture and finance sectors with the World Bank鈥檚 private sector arm, as the country seeks to build on its economic recovery following years of unrest...
A two-day conference aiming to strengthen market linkages for the small and medium entrepreneurs from clusters across the country started at Dhaka on Monday...
The government has turned down the World Bank鈥檚 proposal to conduct a forensic audit of six state-owned banks, a move that has raised concerns over its commitment to full transparency in addressing the sector鈥檚 deep-rooted problems...
The government is under pressure to bring about major changes in documentation of the annual development projects to be financed by the World Bank to meet 30 per cent local labour requirement...
World Bank vice-president for South Asia Johannes Zutt concluded his first official visit to Bangladesh on Wednesday, reaffirming WB鈥檚 commitment to help the country address its development priorities and support its people...
World Bank vice-president for South Asia Johannes Zutt concluded his first official visit to Bangladesh on Wednesday, reaffirming WB鈥檚 commitment to help the country address its development priorities and support its people...
Johannes Zutt, the newly appointed World Bank Vice President for South Asia, has expressed strong support for Bangladesh鈥檚 inclusive growth and appreciated Chief Adviser Professor Muhammad Yunus for the Interim Government鈥檚 reform agenda in the economic sector.
World Bank vice-president for the South Asia region Johannes Zutt came up said that Bangladesh鈥檚 present macroeconomic condition was very good compared to the situation prevailed nearly one year ago.
Johannes Zutt, the newly appointed World Bank vice-president for the South Asia Region, arrived in Dhaka on Saturday, marking Bangladesh as his first official tour in the new role...
Conflicts and related fatalities have more than tripled since the early 2000s, fuelling extreme poverty, the World Bank said Friday.
World Bank has approved $500 million loan to help improve trust in Bangladesh鈥檚 public institutions through increased accountability and transparency and enhance corporate governance and stability in the financial sector...
The World Bank said Thursday it is worried that some countries are less and less transparent about their public debt and use complex borrowing tools, making it harder to measure how much they owe.
The World Bank said in a report Monday that foreign direct investment into developing economies has hit the lowest level since 2005, citing growing trade and investment barriers...
The World Bank said on Saturday it approved $250 million loan to the government while more in pipeline from other lenders, laying importance mostly on transparency, accountability and public service delivery.
The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty, as US president Donald Trump鈥檚 wide-ranging tariffs strained ties and weighed on economic outlooks...
The interim government appears to continue commercialising the country鈥檚 power and energy sector on the prescriptions of the World Bank and the Asian Development Bank, following the footsteps of successive governments, alleged the Consumers Association of Bangladesh on Wednesday...
Market Intelligence Platform, designed as a one-stop digital hub for exporters, was launched at a programme held at a hotel in Gulshan in Dhaka on Thursday, says a press release.
A financing agreement was signed on Sunday between the government of Bangladesh and the International Development Association of the World Bank Group involving $270 million loan to implement the 鈥楤angladesh Sustainable Recovery, Emergency Preparedness and Response Project (B-STRONG)鈥�...
The World Bank board of executive directors on Wednesday approved $270 million financing to bolster Bangladesh鈥檚 flood recovery efforts and enhance its resilience to future disasters, including support for constructing and rehabilitating critical infrastructure, strengthening agricultural system and improving livelihoods in areas devastated by the..
Finance adviser Salehuddin Ahmed on Tuesday said that the country was no more dependent on the International Monetary Fund and the World Bank.
Bangladesh has signed two loan deals worth $850 million with the World Bank to develop the Bay Terminal, a major marine terminal in Chattogram, and modernise the national social protection system...
The timing of elections is expected to weigh heavily on investment growth, said a World Bank report.
Both the World Bank and the International Monetary Fund have lowered their projections regarding the growth of Bangladesh鈥檚 gross domestic product for the outgoing financial year (2024-25) below 4 per cent....
