Browse Category

Bangladesh

Key challenge to accelerate private investments in BD

Bangladesh has successfully come out from LDC to a lower middle income group. However, in order to be categorized as a middle income country by 2021, Bangladesh has to consistently maintain the status for the next six years. But without a solid industrial base, adequate infrastructure, un-interrupted power supply, exploration of natural resources (gas, coal etc.), skilled works force etc., it will be difficult to sustain the present growth rate or even achieve higher growth, said ICC Bangladesh President Mahbubur Rahman while he was presenting the Executive Board Report. Bangladesh will require increasing GDP growth to 7.5 to 8 percent per year based on accelerated export and remittance growth. Both public and private investment will need to

Registration opens for Water Window

The Global Resilience Challenge’s “Water Window” is open for registration. From 29 March registered entrants will be able to submit Concept Notes with innovative ideas and solutions to help flood prone communities across the Sahel, the Horn of Africa, and South and Southeast Asia reduce their exposure to flood risks and to continue to develop in the face of uncertainty. Successful submissions will be eligible for up to US$1 million scaling-up grants or up to US$250,000 seed grants, says a press release. The submissions should offer innovative solutions to the very real issues affecting flood prone [caption id="attachment_18235" align="alignleft" width="604"]

1st direct container vessel form India to Bangladesh

Krishnapatnam Port, India’s largest all-weather; deep water port on the east-coast earmarked a historical moment for India's bilateral trade and commerce as the first direct container vessel, part of coastal shipping agreement to facilitate trade between India and Bangladesh, set sail from the port on 28th March 2016. The trade agreements which were signed during the reign of the then Indian Prime Minister Indira Gandhi in 1974 were revived back after a period of four decades during Prime Minister Narendra Modi's visit to Dhaka last year. MV Harbour-1 owned by Neepa Paribahan and built by Western Marine Shipyard is the first

China vows to take ties with Bangladesh to new level

China stands ready to work with Bangladesh to strengthen the synergy of bilateral development strategies through the Silk Road initiative and take their partnership to a new level, the top leadership here said on Saturday. In his message to his Bangladeshi counterpart Abdul Hamid on the occasion of Bangladesh’s 45th National Day, Chinese President Xi Jinping said over the years, the China-Bangladesh bangladesh-and-china-flagtraditional friendship has been continuously deepened a...

Bay of Bengal Business Forum launched

The “Bay of Bengal Business Forum” – a new initiative to enhance business relationships and regional cooperation among the nations in the region and the world was organized on 12th March 2016 in Andaman & Nicobar Islands-India. Mr. Mayeen Chowdhury, Managing Director of Khan Bahadur Group and Member of International Business Forum of Bangladesh (IBFB) represented Bangladesh in the forum where it was opined that the business potentials of the Isles can be developed and taken to higher level. Initiated by the US Consulate of Chennai (Department of Commerce), “Bay of Bengal Business

BD rejects P10m return from hacked money

The Bangladesh Ambassador to the Philippines rejected an offer of a remittance company to return P10 million from its profits as an apology over the hacked $81 million. The offer was made by Salud Bautista, president of PhilRem Service Corporation, during the seven-hour public hearing by the Senate Blue Ribbon committee on the money laundering issue involving the Rizal Commercial Banking Corporation.   [caption id="attachment_22369" align="alignleft" width="540"]Salud Bautista, head of a remittance company Philrem, testifies before Philippine Senate Blue R...
            </div><!-- .entry-content -->

</article><!-- #post-## -->

<div class=
Verified by MonsterInsights