Author: diplomaticjourna_diplomaticjourna

Staff Correspondent IFC announced recently a partnership with EPIC Group, a leading player in the global apparel industry, to help finance its green capital expenditure program and create higher-skilled jobs, according to a press release. IFC is providing EPIC Group with a $100 million debt financing package in the form of a $70 million sustainability-linked loan and a $30 million green loan. This funding will support EPIC Group's expansion in Bangladesh and the construction of a new manufacturing facility in India. Additionally, EPIC Group will use the proceeds to upgrade its washing and wastewater treatment plant and to invest in…

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Staff Correspondent British High Commission Dhaka celebrated the official birthday of His Majesty King Charles III on 12 June 2024 in Dhaka. Education Minister Mohibul Hassan Chowdhoury attended the reception as the guest of honour. A wide range of dignitaries from the Government of Bangladesh; Bangladesh Parliament; the Diplomatic Corps and representatives from the fields of trade, business, academia, social development, arts, culture, media and sports joined the celebration. British High Commissioner to Bangladesh, Sarah Cooke, said: “It is my pleasure to host this reception to celebrate the official birthday of His Majesty King Charles III. “It is also an…

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Staff Correspondent A new International Finance Corporation (IFC) report reveals recently that women in Bangladesh’s banking sector have the highest career aspirations among emerging South Asian economies, with 89 percent aspiring to progress to senior roles, compared to 79 percent in Nepal and 70 percent in Sri Lanka. While greater participation of women in the workforce and leadership holds immense business potential for Bangladesh, the report—based on research across seven commercial banks in the country—reveals that the ambition gap—the difference in career aspirations between men and women—is the least in Bangladesh among the countries surveyed. It reflects the likelihood of…

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City Bank held a tree plantation programme on 5 June, 2024 at Gulshan Link Road with the collaboration of Gulshan Society, Dhaka North City Corporation and Rajuk.Courtesy City Bank held a tree plantation programme on 5 June, 2024 at Gulshan Link Road with the collaboration of Gulshan Society, Dhaka North City Corporation and Rajuk. The bank organised this event as part of the weeklong celebration of World Environment Day, stated a press release. Dhaka North City Corporation mayor Md Atiqul Islam and City Bank chairman Aziz Al Kaiser inaugurated the event respectively as the chief guest and the special guest.…

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Staff Correspondent Japanese Ambassador IWAMA Kiminori recently delivered a lecture “Prospects of Economic and Security Cooperation between Japan and Bangladesh” at Defence Services Command and Staff College (DSCSC), Bangladesh. In his lecture, Ambassador IWAMA explained the key points of Japan’s Foreign Policy such as Official Security Assistance (OSA), Free and Open Indo-Pacific (FOIP) and elaborated main features of Japan’s Defense Policy. He also mentioned the Japan- Bangladesh Strategic Partnership and described practical cooperation between two countries. Around 270 course members, including those from 25 countries attended the lecture and discussed the bilateral relations between Japan and Bangladesh and other international…

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