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Bangladesh

Capital: Dhaka; GDP growth (annual %) 2016 : 7.1%

The Bangladesh, Bhutan, India and Nepal (BBIN)

The Bangladesh, Bhutan, India and Nepal (BBIN) sub-regional grouping has realised that narrowing connectivity gaps is a must for facilitating regional trade. Improved connectivity, which the South Asian Association for Regional Cooperation (SAARC) is only making slow evolution on, is essential to providing cheaper access to goods and services, creating additional jobs and from presently on helping to alleviate poverty at a faster rate.

The BBIN initiative, as such, has emphasised building connectivity from its beginning. Its vision involves increasing trade and cooperation within eastern South Asia, ensuring faster movements of goods and people, building sustainable development through water resource management and striving for climate protection.
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Finance Minister On Power Sector In Budget Speech,Abul Maal Abdul Muhith

Finance Minister AMA Muhit in his budget speech said that, the country’s electricity generation capacity has raised while load-shedding was lessened. Already 80 percent of the countrymen has access to electricity, rest 20 percent will get access to electricity within the year of 2021. Country’s dependency on quick rental power plants will also start to decrease after 2018, he added.
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Roopur NPP Gets Highest Allocation, Lowest Rampal

The Nuclear Power Plant Project of Rooppur has got the highest budget allocation of 100 thousand and 136 crore taka as a development project of the government in the proposed budget for the fiscal year of 2017-18.

According to the proposed budget, 10 mega top-priority projects of the government has got a total allocation of 32 thousand and 531 crore taka which is 21.21 % of the total Annual Development Programme (ADP).
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glObserver provides the latest business news Country Analysis and Reports for t

Key Facts: Full name: People's Republic of Bangladesh
Population: 164.4 million (UN, 2010)
Area: 143,998 sq km (55,598 sq miles)
Major language: Bengali
Major religions: Islam, Hinduism
Life expectancy: 69 years (men), 70 years (women) (UN)
Monetary unit: 1 taka = 100 paisa
Main exports: Garments, fish, jute goods, leather products
GNI per capita: US $700 (World Bank, 2010)
Internet domain: .bd
International dialling code: +880

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Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Bangladesh Difficult business environment weighs on economic performance
2017/05/07
Bangladesh

Difficult business environment weighs on economic performance

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Asia Economic Roundup: July 2016
2016/07/18
Without a doubt Britain’s decision to abandon the European project will be remembered globally as a wake-up call for political elites around the world. It seems the people chose to go against immediate economic interest and accept an extra financial turmoil in order to address deeply seated social and identity issues.

Although Asia’s exposure to the UK is relatively limited and this is not exactly a “Lehman Moment”, nonetheless we can expect a lively debate as policymakers in Asia look for an appropriate response to address the needs of vulnerable households.

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Made in Bangladesh Garment makers realign ‘Made in Bangladesh’ brand with quality, care, and worker safety
2016/03/01
The 2013 Rana Plaza tragedy, in which additional than 1,000 people lost their lives, put Bangladesh’s textiles industry in the world spotlight for all the wrong reasons. As the country’s top garment manufacturers target $50 billion worth of exports by 2021, they argue that such abhorrent breaches in workplace safety compliance are the exception and not the norm

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Bangladesh Economic Growth A middle-income nation by 2021
2015/09/27
Located at the heart of a booming region, Bangladesh is ideally placed to maintain and improve economic increase and achieve middle-gain country status by 2021. Internationally Bangladesh has emerged onto the world stage with key contributions to the international community’s efforts for peace, stability, and development

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Bangladesh hails 2016 as the ‘Year of Tourism’
2015/04/27
With the development of tourism hotspots, new luxury hotels being built and improved air connectivity, ‘Beautiful Bangladesh’ looks set to project itself onto the international tourist map

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Humanising banking for widespread growth
2014/01/02
One of the great success stories for Bangladesh Bank and the Ministry of Finance has been the successful implementation of a thriving micro-finance sector. The entrepreneurial spirit runs deep in Bangladesh and micro-financing is helping some of the country’s 1 million SMEs and small entrepreneurs to get their businesses moving – vital to the economy considering that 90 % of private businesses in Bangladesh are SMEs.

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Bangladesh's central bank governor, Atiur Rahman,
2013/11/16
Bangladesh's central bank governor, Atiur Rahman, spent an academic career championing the cause of the country's poor. He is presently – through the implementation of a number of socially responsible economic policies – putting his theories into practice, and with some success.

Development economics is not just about academic theory, and Dr Atiur Rahman, Bangladesh’s central bank governor, is proof that it is possible to put theory into practice. With an established reputation as a pro-poor economist – with a PhD thesis on 'peasants and classes' – the former university professor is presently practising what he has been preaching, and before teaching, at the University of Dhaka.

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Bangladesh has come a long way since it gained independence in 1971
2015/11/08
United World gathers the opinions of some of Bangladesh’s most significant business leaders from across the economic spectrum, from textiles and pharmaceuticals to aviation, telecoms, and finance. They share their thoughts on the country’s evolution, its image in the world media and the vital role the private sector is playing in the country’s development

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Governor of Bangladesh Bank, Dr. Atiur Rahman
2015/04/27
As Dr. Atiur Rahman is honored by invitation to speak at the spring meetings of the IMF and World Bank, United World looks at how the finance sector has worked with the Governor to ensure inclusive increase. As the only Central Bank Governor speaking at the meetings, we look at the Bangladesh financial sector from the perspective of the top management of 13 key financial institutions in Bangladesh. From international and national owned, to commercial; there is one thing that they all acknowledge upon – inclusive increase within the financial sector is reducing poverty and driving economic increase at over 6% per year. Over the next week, United World will feature a different financial institution on each day, with the following a summary of selected quotes from each exclusive interview.

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