WB Bangladesh Development Update
The Bangladesh Development Update, April 2016 notes that Bangladesh economy remained strong and resilient despite external and internal challenges. Bangladesh is among the top 12 developing countries with a population of over 20 million, who achieved 6 plus percent growth in 2016. By any standards, Bangladesh economy has done well. Bangladesh needs to focus on a growth agenda centered on sustainable and inclusive growth.
Stable macro-economy. Overall inflation declined from 6.5% in March 2015 to 5.65% in March 2016. Food inflation declined from 6.4% to 3.9%, thanks to a good rice harvest, declining international food prices and a stable exchange rate. However non-food inflation rose from
Brigadier Ziaul Ahsan joins NSI
Brigadier General Ziaul Ahsan, former additional director general (ADG) of Rapid Action Battalion (RAB), today joined National Security Intelligence (NSI) as its director.
Ahsan joined Bangladesh Army as a commissioned officer in 1991 and was appointed as the 
director of intelligence wing of RAB in 2010. He was adorned with Bangladesh Police Medal (BPM) in 2010 and President Police Medal (PPM) in 2011, BSS reports.
Meanwhile, Colonel Anwar Latif Khan has been promoted as the new ADG of RAB. The fo...
director of intelligence wing of RAB in 2010. He was adorned with Bangladesh Police Medal (BPM) in 2010 and President Police Medal (PPM) in 2011, BSS reports.
Meanwhile, Colonel Anwar Latif Khan has been promoted as the new ADG of RAB. The fo...
Tk 1,356cr project for power link with western region
Aiming to establish uninterrupted power connection between capital Dhaka and the western region, the government has launched a fresh project to install a 400KV transmission line from Amin Bazar to Mongla via Mawa.
The modern and high-capacity transmission line would also bring the surplus electricity of Rampal coal fired power plant to Dhaka, reports BSS.
Power Grid Company of Bangladesh will implement the project involving Taka 1,356 crore by June, 2020. Asian Development Bank (ADB) would provide Taka 663 crore as project assistance while PGCB would contribute Taka 155.22 crore from own fund and the remaining 
Bangladesh looks to power up
Bangladesh has made huge strides in expanding its power generation capacity, but needs to concentrate more on weaknesses in its transmission and distribution system.
That was the conclusion of a panel of local experts at FinanceAsia’s 4th annual Bangladesh Investment Summit, held at the Ritz Carlton in Hong Kong on Tuesday.
The country’s foremost power expert, Dr Tawif-e-Elahi Chowdhury said the improvement in generating capacity since 2009 had been nothing short of a ‘miracle’.
Chowdhury attributed the transformation to “the audacious and visionary leadership” of Prime Minister Sheik Hasina, to whom he is an energy adviser.
Bangladesh certainly has ambitious energy targets as it tries to lift the world’s eighth largest
UNESCAP expresses optimism on BD economy
A UN body namely United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has expressed its optimism about Bangladesh’s potential though trimmed its growth forecast for the economy in 2015-16 fiscal year (July 2015-June 2016) at 6.8 percent.
UNESCAP made the projection in a latest report it published in Dhaka on Thursday, reports Xinhua.
“The outlook for growth remains optimistic, with growth being projected at 6.8 percent in 2016 and 7 percent in 2017,” said the report, titled “Economic and Social Survey of Asia and The Pacific 2016.”
According to the report, Bangladesh has sustained a robust and resilient economic growth rate ![]()
