A glance at the most important news of the day
Among a number of incidents taking place on Wednesday (11 December), take a quick look at some of the most important news items The Business Standard has compiled for you…
Government prohibits group travel of officials, discourages non-essential trips
The government has decided to curb foreign travel by public officials, discouraging such trips except for those deemed absolutely necessary for national interests.
ADB approves $600 million budget support to Bangladesh
The Asian Development Bank (ADB) will provide a $600 million policy-based loan (PBL) to the Government of Bangladesh, with a package of structural reforms supporting mobilisation of domestic resources, efficiency of public investment projects, developing private sector, reforming state-owned enterprises, and promoting transparency and good governance.
BNP associate bodies reach Akhaura
BNP's associate bodies — Jatiyatabadi Jubo Dal, Swechchasebak Dal, and Chhatra Dal — have reached Akhaura as part of their long march towards Agartala, India, protesting the attack on Bangladesh Assistant High Commission, disrespect to the national flag, and alleged attempts to provoke communal unrest.
Traders in Kolkata's New Market area popularly referred to as "Mini Bangladesh" known for its vibrant markets, Bangladeshi cuisine, and cultural exchanges, have launched a campaign to address safety concerns among Bangladeshi tourists, reports Times of India.
China ready to go deeper into debt to counter Trump's tariffs
In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected US trade tariffs on next year's economic growth.