PKSF Secures $80 Million Funding from Green Climate Fund

Standard Chartered Bangladesh has joined forces with Thengamara Mohila Sabuj Sangha (TMSS) to enhance the well-being, resilience, and productivity of rural farming communities in Bangladesh. With an investment of approximately BDT 26 million, the bank is launching two agricultural initiatives benefiting 25,500 farmers.

The Bangladesh Climate and Development Platform (BCDP) has been launched through a collaborative effort involving the government, international financial institutions, donors, and private sectors. This initiative aims to facilitate adaptation and mitigation investments by serving as a project preparation facility.

Modhumoti Bank Limited presented a Tk. 120 million cheque to the Bangladesh Red Crescent Society, Dhaka city unit during its 51st Annual General Meeting. The contribution, part of the bank's CSR program, was handed over at the Holy Family Red Crescent Medical College Auditorium, Dhaka.

Biman Bangladesh Airlines responds to rising demand by expanding flight services on key Middle East routes. Effective 28 December, BG235 introduces direct flights between Sylhet and Jeddah every Thursday, enhancing travel options to Saudi Arabia. Beginning 21 February 2024, BG236 offers direct Jeddah-Sylhet flights every Wednesday to cater to expatriates and pilgrims.

The United Nations Industrial Development Organization (UNIDO) endorsed Bangladesh's resolution on enhancing member states' capabilities in building resilient and sustainable supply chains during its 20th General Conference in Vienna. With participation from leaders of 172 member states, the week-long conference addressed the disruptions caused by the COVID-19 pandemic and the Ukraine war to global supply chains.

HSBC Bangladesh has formed a transformative partnership with BRAC, a leader in the microfinance sector. The collaboration aims to digitize BRAC's collection and disbursement processes, enhancing efficiency in Bangladesh's microfinance landscape.