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World Bank Commits over $1 Billion to Bangladesh

WASHINGTON – The World Bank today approved approximately $1.1 billion for three projects in Bangladesh that would benefit almost 36 million people by improving the quality of primary education, building coastal communities’ resilience to natural disaster, and increasing the nutrition and

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Overall Tax Cost and Compliance Burden Lower for Businesses around the World

Paying taxes has become easier over the past year for medium-sized companies around the world, the latest report from the World Bank Group and PwC finds. The time it takes an average company to meet its tax obligations dropped by

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CFI.co Meets the CEO of Green Delta Securities: Wafi S M Khan

Stock brokerage in Bangladesh is not the most obvious of career choices ambitious students mull in Bangladesh. The few people who have been successful in portraying the brokerage industry as a glamorous one are definitely key players in the market.

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Bangladesh Receives $600 Million to Improve Rural Electricity Supply

The Government of Bangladesh today signed a $600 million credit to improve the quality of electricity supply for 25 million people in the rural areas of the eastern part of Bangladesh. The credit for the Rural Electricity Transmission and Distribution Project

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IFC Champions Water Efficiency in China’s Textile Industry

China’s vast textile industry is a boon to the country’s economy, but consumes high volumes of water. This is a problem at a time when water pollution keeps deteriorating in China, with increasingly less clean water available for households, industry,

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World Bank Response to Philippines Typhoon Disaster

“We have been encouraged by the resilience of the Filipino people and the determination shown by President Aquino and his team as they work to recover from a disaster of unprecedented scale,” said World Bank Group President Jim Yong Kim.

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UN Concern over Job Creation for Youth in Least developed Nations

There should be a greater emphasis on job creation in the world’s 49 poorest nations, where the number of young people of working age is increasing by 16 million per year, says a new report released yesterday by the United

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USAID: Science and Engineering Diaspora Networks – Communities Mobilizing to Solve Global Development Challenges

In a research lab at the University of Buffalo (UB), New York, scientist Sarbajit Banerjee and his colleagues have honed in on a confounding problem – how to efficiently cool homes in hot climates. These researchers are testing the potential

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Muhammad Yunus: Enabling the Poor to Rise and Prosper

Muhammad Yunus is a soft-spoken gentleman with a South Asian accent. When he speaks, presidents strain to listen. Being one of only seven people to have won the Nobel Peace Prize, Presidential Medal of Freedom, and the Congressional Gold Medal,

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Bangladesh: Steadily Moving Up without Beating the Drum

Skipping the usual ado and almost silently, Bangladesh is moving up the ladder and surpassing its local peers in a number of key areas such as health and education. During the past decade, the country has managed to greatly improve

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