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 ![]()
edotco brings camouflage structured roof top tower
The country’s first towerco, edotco Bangladesh Co. Ltd. (“edotco”) recently introduced its first roof top camouflaged tower structure, on the Chittagong Boat Club building.
edotco’s innovative camouflage designed tower structure protects the aesthetic look of the city and reduces the number of traditional towers required on roof tops that cause unnecessary pressure on buildings.
Such structures locally designed in edotco will enhance the look of the city, decrease pressure on the building, ensure network connectivity and minimize power consumption.
Tutul, son celebrate birthday
Popular singer SI Tutul who is managed by ‘Havas PR & Celeb Management’ and his son Arash have celebrated their birthdays yesterday.
Both father and son participated in yesterday’s “Citicell Taroka Kothon” on Channel I. That special episode was telecasted live from Cream & Fudge Banani.
Tutul said, “I am thankful to Channel I for arranging this programme on our birthday. I seek everyone’s blessings for the well-being of my Son”
Both father and son participated in yesterday’s “Citicell Taroka Kothon” on Channel I. That special episode was telecasted live from Cream & Fudge Banani.
Tutul said, “I am thankful to Channel I for arranging this programme on our birthday. I seek everyone’s blessings for the well-being of my Son”
Beximco launches 1st ever DTH service in BD
Beximco Communications Limited launched Bangladesh’s first Direct-to-Home (DTH) service under the brand name RealVU, which will drastically change the viewing experience of the country’s television viewers. RealVU will be available at selected and authorized trade partner locations in three divisions – Dhaka, Sylhet and Chittagong.
RealVU is the first ever Direct-to-Home (DTH) platform in Bangladesh. The operator will provide the best picture quality and HD sound to its viewers at the most affordable price. 
