A controversy has raised among the country’s conscious citizen as the government declared that power generation capacity has crossed 1000mw. PDB official said, at least two years is required to reach power generation capacity at 10000mw.
The government already has celebrated the success of 10000mw milestone of the country through colorful programme. Addressing in the celebration function has claimed to stand the generation capacity is now10213mw.
The city dwellers have enjoyed a fire show at Hatijheel, which was switched on by Prime Minister Sheikh Hasina from Banghabandu International Conference Centre (BICC), where another function were hold on the occasion.
Informed people agreed the government success in power sector despite criticism o...
Despite being the third largest economy in the world by purchasing power party, the living standards of India’s underprivileged citizens are probably among the worst in the world. Even its much poorer neighbours, such as Nepal and Bangladesh, have fared better in areas of health and social development.
The spectacular economic growth in India over the past two decades has made it a global economic power-house. Between 1990 and 2011, India’s economy grew at a compound rate of around 7% per year in current dollars and the per capita income increased almost four times from $860 to $3,620. India is currently the third largest economy in the world by purchasing power parity (PPP) after the United States ...
Bangladesh has received a request from Sri Lanka on jute cultivation in its northwestern province Puttalam where Colombo assured of giving long-term lease of lands.
The request came in a meeting between Sri Lankan President Mohinda Rajapaksa and Bangladesh Prime Minister Sheikh Hasina here today, reports BSS.
Sheikh Hasina is now in Colombo to attend Commonwealth Heads of Governments Meeting (CHOGM).
The Prime Minister expressed Bangladesh's interest in extending cooperation in cultivating unused lands in the down-south and east a...
Prime Minister Sheikh Hasina urged the Commonwealth to take a pro-active role in removing inequalities and impediments to ensure justice in its member states with genuine global partnership for their real progress.
Stressing the importance of peace and genuine democracy for development, she said, “Increasing inequality of growth, impediments in the mobility of finances, goods and services, decreasing the role of the states in creating employments and under representation in global decision making process needs to be rectified with genuine global partnership based on justice and equal voice for real progress of the developing partners”.
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DAILY INDICATORS
Wednesday Previous
Taka/US $ (inter-bank) 77.75-77.76 77.75-77.7525 Call money rate (inter-bank) 06.00-08.00 06.00-08.00 Dhaka Stock Exchange index 4,212.72 4,197.71
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MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Oct. 7.03 7.13
M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Oct. 17.35 16.15
Exports(FOB) ($mln)(BB) Sept. 2,590.24 2,031.44 Impo...
The country’s terms of trade have been deteriorating unabated, reflecting a major structural weakness of the economy, reveals the Unnayan Onneshan, an independent multidisciplinary think-tank, in its latest monthly economic update released on Wednesday.
The terms of trade, the value of exports relative to that of imports, reached at 70.1 per cent in FY 2011-12 from 70.8 per cent in FY 2010-11 and the leading think-tank projects further weakening in the upcoming years to reach at 69.2 per cent, 68 per cent, 66.7 per cent and 65.5 per cent in FY 2012-13, FY 2013-14, FY 2014-15 and FY 2015-16 respectively, if radical actions are not taken.
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