Browse Tag

bangladesh

Country reels under intense heat wave

The entire country continued to reel under scorching heat as the mercury shot up to 40.6 degrees Celsius today making it one of the hottest days of this year. Meteorologist of Bangladesh Meteorological Department (BMD) Fazlur Rashid told BSS that the country will get no respite from the hot weather because heat wave is likely to sweep over it during next few days. He said today’s highest temperature 40.6 degrees Celsius was recorded at Rajshahi while 37.22 degrees Celsius in the capital, reports BSS. Abnormally hot weather can be attributed to the absence of pre-Monsoon rains that

Govt to prepare tower business in telecom sector

The government will prepare tower business in telecom sector considering customer interest as well as environmental concern, state minister for posts and telecommunication Tarana Halim said. The minister  was addressing a seminar as chief guest on ‘The Prospect of Tower Business in Bangladesh’, organized by a Telecom Reporters Network, Bangladesh (TRNB) in a local hotel, on Thursday, says a press release. “Uncontrolled tower of telecom harm environment…….we will consider level playing field to allow new player for tower business but up gradation of network would also be considered during policy in this regard,” she said.

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

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
Verified by MonsterInsights