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Huge growth prospects of rental power in Bangladesh

The Indian subcontinent power rental market was valued at over $100 million in 2014 according to a research report by Verify Markets. The market in India was the largest within the Indian Subcontinent by far followed by Pakistan and then Bangladesh. Bangladesh also contributes towards the temporary power or rental power plants in the region. However, those plants have an uncertain future. Once the country commissions its permanent power plants, most of those plants will likely shut down by 2020. quick rentalMany of these permanent power plants...

Airtel to make Cox’s Bazar Digital Surfing City

Airtel Bangladesh Limited, the fastest growing telecom operator of the country, in partnership with Bangladesh Computer Council, Information and Communication Technology Division of ICT Ministry has signed a memorandum of understanding (MoU) to enhance the global brand image of Cox’s Bazar, facilitate tourism and establish Cox’s Bazar as the Digital Surfing City through Private-Public Partnership. [caption id="attachment_18365" align="alignright" width="504"]Airtel-Cox Bazar Digital City Press Release

AIBL EC Meeting held

The Executive Committee Meeting of the Board of Directors of Al-Arafah Islami Bank Limited (AIBL) was held at the Board Room of the Bank on 23 July, 2015. 20150723_aibl_EC_pressAlhajj Abdul Malek Mollah, Vice Chairman of the Committee presided over the meeting. The Meeting reviewed overall business performance of the Bank. Members of the Committee Alhajj Nazmul Ahsan Khaled, Alhajj Hafez Md. Enayet Ullah, Alhajj Ahamedul Haque, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director Md. Habibur Rahman, Board Secretary Md....

India to export cotton fabrics to Bangladesh

The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics – both woven and knitted - to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS) vide Public Notice No. 27 dated July 14, 2015 issued by the Director General of Foreign Trade (DGFT). [caption id="attachment_18353" align="alignright" width="432"]R.K.Dalmia – Chairman – TEXPROCIL R.K.Dalmia – Chairman – TEXPROCIL[/caption] This is a very positive step taken by the Governm...

Port investment in Bangladesh

Japanese investment in a new deep-water port at Matarbarhi Island on the southeast coast of Bangladesh highlights increasing geo-political rivalry fuelled by the United States and its allies as part of Washington’s “pivot to Asia.” The $US3.66 billion project cuts across a long-standing Chinese offer to build deep-water port facilities at Sonadia, only 25 kilometres from Matarbarhi. The Japanese investment, which also includes a 1,200-megawatt power plant, was confirmed last month by the Japan International Cooperation Agency (JICA). China has said that it was not interested in bidding for the Matarbarhi port and the Sonadia port project looks increasingly unlikely. [caption id="attachment_18346" align="alignright" width="612"]

‘Floating schools’ at flood-ravaged areas

In Bangladesh, roughly one-third of the country, much of which sits only a meter above sea level, goes underwater during monsoon season from June to October. In those months, roads become inaccessible, crops and schoolhouses are destroyed and commerce stalls. Millions of Bangladeshis are forced to migrate to larger cities to feed their families. floating schoolChildren suffer acutely during monsoon season. As sea levels rise and seasonal rains become more frequent and intense (scientists expect that 10 to 20 percent of Bangladesh will...
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