World Bank approves $1.16 billion for Bangladesh’s development and climate projects
World Bank approves $1.16 billion for Bangladesh’s development and climate projects

World Banks Board of Executive Directors has sanctioned three projects worth $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, reports UNB. The $500 million Second Bangladesh Green and Climate...

Heavy burden of foreign debt
Heavy burden of foreign debt

Bangladesh is grappling with a mounting foreign debt burden, which has surged by 282% over the 14 years of the Sheikh Hasina government. When the Awami League assumed power following the December 2008 elections, the countrys foreign debt stood at $26.572 billion by the end of 2010. By the close...

Jio, Airtel to face challenges as Google, Meta plan new subsea cable project
Jio, Airtel to face challenges as Google, Meta plan new subsea cable project

Citing the Economic Times, Business Standard reported global tech giants are making moves that are likely to challenge local data giants. According to the report, Global tech giants like Google and Meta are investing billions in submarine cable infrastructure in India, a move that is likely to...