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ADB strengthens partnership with WHO

BSS The Asian Development Bank (ADB) on July 9 strengthened its partnership with the World Health Organization (WHO), recognizing that increased collaboration is helping to expand critical health care across Asia and the Pacific and contain the spread and impact of the coronavirus disease (COVID-19) pandemic. During a conference call with

Google Pay launches SMB loans in India

Google recently has announced that it is expanding its service offerings in India, with small and medium-sized businesses in the country now being able to apply for loans via the Google Pay for Business app. The result of partnerships with banks, Google also announced that it will be rolling all of

DCCI calls for modern curriculum for industry

BSS Dhaka Chamber of Commerce and Industry (DCCI) on July 4 called for modernizing curriculum, up-skilling and re-skilling of workers utilizing the Fourth Industrial Revolution (4IR), creating an inclusive digital infrastructure and infrastructure development to grab the opportunity of industry relocation and easier loan access to the SMEs. The chamber made

Gulf economies to shrink by 7.6% this year: IMF

Reuters (DUBAI/RIYADH) Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6% this year, an International Monetary Fund official said on Tuesday, revising downwards April forecasts of nearly 3%. The six GCC nations are, with varying degrees, facing steep economic declines as the slowdown in business activity due to

MetLife Joins U.N. Global Compact

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. The U.N. Global Compact calls for companies to align their operations and strategies with 10 universal principles in

Vietnam PM warns of economic calamity at Asean summit

AFP, Hanoi  Vietnam on Friday warned the virus pandemic had swept away years of economic gains as Southeast Asian leaders met online for a summit that will also be dominated by anxiety over Beijing's moves in the flashpoint South China Sea. The current chair of the Association of Southeast Asian Nations

MetLife provides $150,000 grant to SAJIDA Foundation

MetLife Foundation is working with SAJIDA Foundation, a non-profit organization in Bangladesh, to support frontline healthcare workers battling COVID -19 in Bangladesh. Through a grant of USD 150,000 from MetLife Foundation, SAJIDA Foundation will provide financial support to a certain number of vulnerable families of frontline healthcare workers who have passed

ADB expects Bangladesh’s GDP to grow by 7.5 in FY2021

The Asian Development Bank (ADB) said, it expects gross domestic product (GDP) of the country to grow by 4.5% in fiscal year 2020 and by 7.5% in 2021. ADB made this growth forecast in its latest report of Asian Development Outlook (ADO) 2020 Supplement on Thursday, reports UNB. For the effect of

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