Solar energy revolution in Bangladesh
We put a lot of cyber ink into the German, Australian, US, Chinese, Indian, Chilean, and Japanese solar energy revolutions. However, I think the Bangladeshi solar revolution is one we don’t write about enough. One of the biggest reasons for that is probably that it doesn’t compare to the others on a total capacity basis. However, that doesn’t mean the market isn’t huge.
In July, we did write about a $78.4 million World Bank loan offered to the Bangladeshi government to finance 480,000 solar home systems. Assuming 5.6 people per household (that’s apparently the average), that’s solar power for 2.688 million people. However, this isn’t the beginning of Bagladesh’s solar revolution at all.
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Black tiger shrimp exports suffer
Black tiger shrimp exports from Bangladesh are facing a slowdown in the wake of reduced demand in major markets.
An increased supply of vannamei shrimp from other exporting countries and their reduced prices account for the slowdown, reports The Daily Star.
Buyers are more interested in low-priced vannamei than in expensive black tiger shrimps, said Khan Habibur Rahman, deputy managing director of Lockpur Group, a leading seafood exporter.
Shrimp exports rose 3.59% year-on-year to $180.3 million between July a...
Buyers are more interested in low-priced vannamei than in expensive black tiger shrimps, said Khan Habibur Rahman, deputy managing director of Lockpur Group, a leading seafood exporter.
Shrimp exports rose 3.59% year-on-year to $180.3 million between July a...
Banking sector returns to sorry state again
Banking sector indicators have fallen further in June due to rise in gross non-performing loans (NPLs) and shortfall in actual provisioning maintained by the sector.
Bangladesh Bank, in its quarterly review released early this week, expressed concern over the weakening performance by the banks, mainly the state-owned ones having major portion of the NPLs.
After showing a noticeable improvement in December, the banking indicators faced setback again in the last two quarters.
An abnormal increase in NPLs pushed the indicators down, said a senior executive of the central bank, reports the Dhaka Tribune.
Bangladesh economy progressing, but below potential
Bangladesh continues to make progress on human development and reducing extreme poverty. Political uncertainty and weak competitiveness are dragging acceleration of private investment and growth. To sustain growth in the near- and medium-term, private investment need to increase significantly along with improving the quality of public investment.
The Bangladesh Development Update October 2014 notes that the economy is gradually recovering from prolonged disruptions, aided by political and macroeconomic stability. The challenge now is to consolidate this ...
The Bangladesh Development Update October 2014 notes that the economy is gradually recovering from prolonged disruptions, aided by political and macroeconomic stability. The challenge now is to consolidate this ...
Inspections are not enough to fix garment factories in Bangladesh
Bangladeshi local garment workers at a factory in Dhaka. Bangladeshi local garment workers at a factory in Dhaka. The total number of factories producing for the export market from Bangladesh is still not known. Photograph: Shafiqul Alam/ Shafiqul Alam/Demotix/Corbis
In his blog last week, Alan Roberts, executive director international operations at the Accord on Fire and Building Safety, outlined the progress made by the Accord so far.
More than 175 primarily European brands and retailers join...
In his blog last week, Alan Roberts, executive director international operations at the Accord on Fire and Building Safety, outlined the progress made by the Accord so far.
More than 175 primarily European brands and retailers join...
Bangladesh performs better than other SAARC countries: Study
The performance of Bangladesh is better in attaining poverty target compared to other South Asian countries. It has made remarkable progress in areas of primary schooling, gender parity in primary and secondary level education.
It was disclosed in ‘SAARC Development Goals: Bangladesh Country Report 2013’ (SDGs). The General Economics Division (GED) of the Planning Commission launched the report at the NEC Conference Room in city’s Sher-e-Bangla Nagar in the city yesterday.
Planning minister AHM Musta...
Planning minister AHM Musta...
