Latest News for: Bangladesh credit


Bangladesh shuts schools, cuts power in longest heatwave in decades

Gulf News 07 Jun 2023
Bangladesh has shut thousands of schools as it struggles through its lengthiest heatwave in half a century, with widespread power cuts only compounding locals’ misery ... “We have never seen such a prolonged heatwave since Bangladesh’s independence in 1971,” said Bazlur Rashid, a senior official at the Bangladesh Meteorological Department ... Image Credit.

Compston tells of ‘horrors’ of child labour after Unicef visit to Bangladesh

ITV 07 Jun 2023
Scottish actor Martin Compston said he held his son for “a lot longer” than usual after returning from a trip to Bangladesh where he witnessed “unspeakable horrors” of child labour ... In a video diary he kept throughout his trip, he noted his shock at the widespread child labour in Bangladesh.

The great India stack story the world is following

The Times of India 07 Jun 2023
Though Muhammad Yunus of Bangladesh is commonly credited with pioneering microcredit in 1976, in reality, Ilaben Bhatt of Gujarat ...

Credit rating agency downgrades Bangladesh's ratings despite stable outlook

Xinhua 31 May 2023
Moody's assessment read that Bangladesh's heightened external vulnerability and liquidity risks were persistent, and together with institutional weaknesses uncovered during the ongoing crisis, the sovereign's credit profile is consistent with a B1 rating ... Credit rating agency downgrades Bangladesh's ratings despite stable outlook.

Moody's Downgrades Bangladesh's Ratings Despite Stable Outlook

MENA FN 31 May 2023
(MENAFN - IANS) Dhaka, May 31 (IANS) Global credit rating agency, Moody's Investors Service has downgraded Bangladesh's long-term issuer and senior unsecured ratings from Ba3 to B1 and reaffirmed ... .

Moddy's downgrades Bangladesh's credit rating

TheNewsHOOK 30 May 2023
Moddy's downgrades Bangladesh's credit rating ....

75 Years of UN Peacekeeping: Balancing successes, challenges, and global responsibility

Gulf News 29 May 2023
After a few months, the UN sent a similar mission to Kashmir in January 1949 ... 1. Impartiality, 2 ... Climate change ... The top five UN peacekeepers contributors are Bangladesh, Nepal, India, Rwanda, and Pakistan. Image Credit ... The rise of populism and growing disinformation and misinformation have made peacekeeping operations more dangerous Image Credit ... .

IMF urges crisis-hit Sri Lanka to decide on debt restructuring, including with China: Report

Beijing News 27 May 2023
Colombo , May 27 (ANI) ... He said, "You may have seen, three countries India, Japan, and the Paris Club team together to form a credit committee ... So, that's a process development."Bangladesh, Maldives, Nepal, and Sri Lanka showcase the various engagement approaches employed by China in the multidimensional South Asian region ... (ANI) ....

Dhaka-Doha relations reaches newer height

Blitz 23 May 2023
In less that two months, Bangladesh Prime Minister Sheikh Hasina is now visiting Qatar to participate in the Qatar Economic Forum Powered by Bloomberg at the invitation of His Highness Sheikh Tamim bin Hamad Al-Thani, the Amir of the State of Qatar ... Bangladesh Prime Minister Sheikh Hasina’s current Qatar visit is important for multiple reasons.

Bangladesh struggling to pay for fuel due to dollar shortage, letters show

Reuters 22 May 2023
DHAKA, May 22 (Reuters) - Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters from the state petroleum firm show, with it warning of an "alarming decrease" in fuel reserves ... Commercial banks also had more than $3 billion that could be used by importers to open letters of credit.

Italy flooding clean-up, Cyclone Mocha damage and more: Top 10 pictures of the week from around the world

Gulf News 20 May 2023
1 of 10. A woman surveys the damage caused to her home by Cyclone Mocha at Saint Martin island in Cox's Bazar, Bangladesh, Monday, May 15, 2023. Image Credit. AP. 2 of 10 ... Image Credit. AFP. 3 of 10 ... Image Credit. Reuters. 4 of 10 ... Image Credit. AFP. 5 of 10 ... Image Credit. Reuters. 6 of 10 ... Image Credit. AP ... Image Credit ... Image Credit. AP ... Image Credit ... Image Credit. AFP.

BIMCO: Scrapping Volumes to Double, Driven by Emission Regulations

The Maritime Executive 18 May 2023
Bangladesh and Pakistan each were in financial crisis limiting the ability to issue the letter of credit needed to buy tonnage ... Last week the Bangladesh Government confirmed that the country will ratify the Hong Kong Convention, allowing for the convention to enter into force.
photo: AP / Eranga Jayawardena
A Sri Lankan port worker holds a Chinese national flag to welcome Chinese research ship Yuan Wang 5 as it arrives in Hambantota International Port in Hambantota, Sri Lanka, Tuesday, Aug. 16, 2022

China and India Compete for Influence in the Indian Ocean

The Maritime Executive 18 May 2023
Additionally, New Delhi has extended lines of credit to five countries in the region—Bangladesh, Maldives, Myanmar, Nepal, and Sri Lanka—and also invested in infrastructure, especially in energy and connectivity.

Photos: Myanmar and Bangladesh begin cleaning up, counting casualties after devastating Cyclone Mocha

Gulf News 17 May 2023
Recovery efforts were underway Tuesday in Myanmar and Bangladesh after a powerful cyclone smashed into their coastlines, causing widespread destruction and at least 21 deaths, with hundreds of others believed missing. Myanmar took the brunt of Cyclone Mocha on Sunday, while Bangladesh was spared a feared catastrophe. Image Credit ... Image Credit.

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Secretary of State Antony Blinken participates in a joint press availability with Sweden's Prime Minister Ulf Kristersson in Luleå, Sweden, on May 30, 2023.
Public Domain / Chuck Kennedy
FILE - Russian President Vladimir Putin, right, and Belarusian President Alexander Lukashenko pose for a photo prior to their talks at the Novo-Ogaryovo state residence, outside Moscow, Russia, Feb. 17, 2023. Lukashenko, a close ally of Russian leader Putin, is due in Beijing to begin a three-day state visit Tuesday, Feb. 28, 2023, as geopolitical tensions rise over Russia's invasion of Ukraine.
AP / Vladimir Astapkovich, Sputnik, Kremlin Pool Photo via AP, File
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NASA/JPL-Caltech/University of Arizona/USGS-Flagstaff/JHU-APL