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Bangladesh

BD assures increase of trade, investment with SL

Bangladesh High Commissioner Tarik Ahsan was a guest speaker in a Session at the National Chamber of Commerce on “Current Business Trend, Trade and Investment Potential, Opportunities and Other Services Available in Bangladesh” on 30 June 2015. The President of National Chamber of Commerce Thilak Godamanna made the welcome address. bd-LankaHigh Commissioner Tarik Ahsan highlighted the prospect of investment in, and trade with, Bangladesh. He particularly mentioned the potentials of import of pharmaceuticals, home appliances, plastics, steels, c...

Bangladesh now a lower middle income country

Bangladesh yesterday graduated from the low income status to lower middle income nation (LMIC), meeting the World Bank’s requirements comfortably. This will be seen as a giant leap forward for the country to become a middle income nation after being bracketed as a low income country for decades. The promotion came on the back of the country’s stride towards higher per capita income in recent years, riding on stable economic growth. A playful child on a rickshaw. Dhaka, Bangladesh. May 16, 2007. (photo)The WB used last year’s data to determine this year’s ...

PMO signs performance deal with six subordinate bodies

Prime Minister’s Office (PMO) for the second consecutive year signed ‘Annual Performance Agreement’ (APA) today with all its six subordinate bodies aimed at inspiring the organizations to perform ‘result oriented’ yearly activities. In the presence of Prime Minister Sheikh Hasina, PMO Secretary Suraiya Begum and heads of six subordinate organizations and projects under the PMO signed the agreements at Prime Minister’s Office to be applicable for fiscal year 2015-2016, reports BSS. pmoThe bodies came under the agreements are- Board of Investment (BoI...

AL men saving Sonali, Basic scamsters: Muhith

Finance Minister AMA Muhith today expressed his anger as he could not take steps against all involved in Sonali Bank and Basic Bank scams because of his party Awami League (AL) people’s support. muhith“Scams took place in Sonali Bank and Basic Bank. I’ve taken some steps in this regards. A deputy director landed in jail… I tried to put one into jail but failed because of our own people’s support to them. So I am angry,” Muhith said while speaking at a budget discussion in the parliament. He said a new board of directors has been formed for Bas...

Money for unsettled audit double of budget: Muhith

The number of unsettled audit objections against 55 ministries or divisions is 8,53,314 involving Tk 6,15,606 crore which is almost double of the proposed budget of the next fiscal year. Finance minister AMA Muhith disclosed the figure in parliament today while replying to a question from a lawmaker. muhith-1Muhith said, the audit objections remain unsettled for various reasons including the executive branch not giving reply to the objections on time. He said, if even the reply to the objections were given, those were not based on prope...

Bangladesh more peaceful than India, Pakistan

Bangladesh has been recognized as the third most peaceful country in South Asia and ranked better than neighbouring India and Pakistan, said a report published by Institute of Economics & Peace. Bangladesh registered a gain in peaceful atmosphere inside the country, what has been termed by the report as a category of “medium state of peace”. A playful child on a rickshaw. Dhaka, Bangladesh. May 16, 2007. (photo)However, the country has been ranked 84th in the world in the list in the Global Peace Index. According to the report, the thi...
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