ADB, govt ink deal for Bangladesh’s first green data center
ADB, govt ink deal for Bangladesh’s first green data center

The Asian Development Bank (ADB), the Posts and Telecommunications Division (PTD), BTCL, and the Public-Private Partnership Authority (PPPA) signed a Memorandum of Understanding (MoU) on Monday to develop Bangladeshs first green data center under a public-private partnership (PPP) model. PPPA...

Foreign loan commitments decreased by 67%
Foreign loan commitments decreased by 67%

The Sheikh Hasina-led government has borrowed money more for unnecessary projects than necessary ones over the past 15 and a half year, creating pressure on the interim government to repay. Since the interim government took the power, it started revising projects. Therefore, the money flow has...