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Scope to expand ties with Bangladesh

Malaysia remains committed to further enhance dynamic economic growth with Bangladesh that has proven to pose mutual benefits for both countries via their closer ties in bilateral relations and cooperation. Malaysia-bdForeign Minister Datuk Seri Anifah Aman said such collaboration is possible as there is ample scope for both countries to expand the trade and investment cooperation based on a win-win situation for the mutual benefits of both countries and the peoples. “Regular contacts and interaction between leaders and officials of ...

Bangladesh working towards credit upgrade: Governor

Bangladesh’s central bank governor said on Saturday the economy remained stable despite months of political unrest that has killed 120 people and slashed domestic output, and it was working towards a credit upgrade from Standard & Poor’s. Talking to Reuters on the sidelines of an international conference on the economy, Atiur Rahman said the bank’s proactive approach to promote economic stability dr. atiurduring three months of turmoil helped Bangladesh to keep its stable credit outlook. “Despite more than three months long political u...

BD start-ups contributing role in economic growth

Magnito Digital is running their operation successfully. Chaldhal.com is basically doing what a dime a dozen startups are doing in India - maybe even better - in the online shopping sphere. Meanwhile, Bangladeshi music lovers have dugdugi.com, an online audio distribution website streaming the best of country music. economyThese are just a few of the many success stories which are making waves in the Bangladeshi startup scene and disrupting the whole business ecosystem. While the bottom line impact these startups make to the country’s final economic figur...

Denim Expo ends on a high note

The second edition of the two-­day Bangladesh Denim Expo ended in Dhaka on Tuesday, May 12th, at Radisson Blu Water Garden hotel, showcasing the country’s capacity in denim production amid huge participation. denimexpoTwenty­ five denim and jeans manufacturers from the USA, Spain, Japan, India, Pakistan, Thailand, Turkey, China, San Marino and host country Bangladesh displayed their products and services at the exposition, which set a high target for Bangladeshi denim makers ­ 7 billion US dollars in exports by 2021 when the coun...

$ 12.43b development program approved for next fiscal

The highest economic policy-making body of Bangladesh Thursday approved a 970 billion taka (about 12. 43 billion U.S. dollars) annual development program for the country in the next fiscal year 2015-16, beginning in July, with transport, power, physical infrastructure and education sectors getting the biggest chunk of govtmoney. Bangladesh's new annual development program (ADP) was approved at a meeting of the country's National Economic Council with Prime Minister Sheikh Hasina in the chair on Thursday here in the capital of Dhaka. Out of the tot...

Bus service between Indian states via Bangladesh soon

India might operate direct bus services soon between the northeastern states and Kolkata via Bangladesh to ferry people easily from the mountainous region, a top official said on Friday. “A meeting was held in the road transport and highways ministry in New Delhi on Thursday and some modalities were finalised to operate direct bus services between the northeastern states and bd-indiaKolkata via Bangladesh...,” a ministry official told IANS from New Delhi by phone. The official refusing to be named said: “Now the Indian surface transport min...
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