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Bangladesh

6.3pc GDP growth this fiscal year: Bloomberg

Bangladesh's economy may grow by 6.3 percent in the current fiscal year, a Bloomberg survey said yesterday. The result for Bangladesh's economy is the median of four economists' forecasts surveyed by the US media organisation. govtIn a previous survey, the economists also predicted the same level of economic growth for fiscal 2014-15. They however cut down their growth forecast for the next fiscal year to 6.45 percent in the new survey from 6.6 percent earlier. The survey was conducted between January 23 and January 28. The World Bank for...

Birangonas to be listed as freedom fighters

The parliament today passed a proposal to include Birangonas in the list of freedom fighters. bd-parliament1par Monirul Islam, lawmaker from Jessore-2 constituency placed the proposal before the House which passed it through voice votes. The parliament however rejected another lawmaker's proposal to rename Birangona as Birkonya. Liberation War Affairs Minister AKM Mozammel Huq told the House that Father of the Nation Bangabandhu Sheikh Mujibur Rahman gave the name 'Birangona' so it would not be wise to rename it. Replyin...

Intertek leather, footwear laboratory in Bangladesh

Intertek, a leading quality solutions provider to industries worldwide, has inaugurated a comprehensive leather and footwear testing facility in Bangladesh to support the leather, footwear and leather goods industries in South Asia. leather goodsThe leather and footwear testing lab will be housed in Intertek's Tejgaon, Dhaka, location, which opened last year and is the largest Softlines testing lab in Asia. The new leather and footwear testing capabilities provide additional quality and safety assurance solutions for the leather, foo...

Unrest ‘taking its toll’ on Bangladesh economy    

The latest episode of political volatility in the South Asian nation began on January 3 when police banned protests in the capital Dhaka and confined the leader of the country’s main opposition party BNP, Khaleda Zia, to her office. Zia had earlier called for demonstrations on the anniversary of last year’s general election. Although Zia has been released, the government still hasn’t been able to put an end to the unrest, which has so far cost 29 lives. hartalOn January 21, the authorities announced that they had arrested more than 7,000 oppositi...

EP concerned about BD situation

The European Parliament (EP) Delegation for South Asia has expressed its deep concern at the outbreak of political violence in Bangladesh culminating over recent days. euIn a press statement, Chair of the delegation for Relations with the Countries of South Asia of EP, Jean Lambert termed the current situation “profoundly disturbing”. She said: “basic freedoms, including freedom of assembly, speech, and movement have to be respected by all political forces, without exception.” The EP Delegation, in a statement issued in Brussels, called for “maximum restraint...

UK lauds BD’s progress despite political turmoil

Despite the current “political conflict” between Awami League and BNP, UK parliament appreciated of the economy in Bangladesh. hartal“Despite the almost constant political turmoil, Bangladesh’s economy continues to perform remarkably well. While there remain many challenges ahead, good progress has also been made on social development,” a report of the House of Commons said today. Recently, the UK, US and EU condemned the violence and choking of democratic space that sparked centering the first anniversary of January 5 election earlier this mo...
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