Turkiye secures $500m from World Bank to boost jobs in quake-hit region
Turkiye secures $500m from World Bank to boost jobs in quake-hit region

Turkiye has secured $500 million in new financing from the World Bank to preserve employment and create jobs in areas affected by the devastating February 2023 earthquakes, according to a report on Tuesday. The funding marks the second phase of the Registered Employment Generation Project,...

SMEs struggle due to high interest rates, tough loans
SMEs struggle due to high interest rates, tough loans

Alamgir Hossain, a small entrepreneur in the jute industry, recently applied for a loan of Tk5 lakh to expand his business. He was initially denied the loan and was required to provide three guarantors signatures, his business trade license, and various other documentsa daunting process for a small...