HPM Sheikh Hasina offers economic zone, high-tech park for US investors

Describing Bangladesh as a promising destination for US business and investment, Prime Minister Sheikh Hasina today offered a special economic zone (EPZ) and a high-tech park to the American companies for their investments on a large scale. “We are offering one dedicated Special Economic Zone (EPZ) for American companies to establish manu...

Japanese companies in Bangladesh quadrupled in 10 years

The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country. According to the Japan External Trade Organization (JETRO), a total of 321 Japanese firms are currently running their businesses in the country. The numb...

Bangladesh and India signed five MoUs

Bangladesh and India have signed five memoranda of understanding or MoU in Dhaka to enhance cooperation in disaster management, trade, IT and sports among other fields. Prime Minister Sheikh Hasina and her Indian counterpart witnessed the signing after a bilateral meeting at her office on Saturday, her Press Secretary Ihsanul Karim said. The t...

Bangladesh's New Beginning at 50 Years of Independence

Pranab Kumar Panday March 2021 marks the birth centenary of the Father of the Nation and the golden jubilee of the country’s independence. The country has attained phenomenal success in numerous fields over the past fifty years. However, the intensity of positive attainments was considerably higher in the last decade under the Awami Leagu...

Bangladesh firmly on the path of development: Ranks 35th in the global economy

As Bangladesh celebrates 50 years of its independence, the nation, born in violence after the 1971 Liberation War in opposition to Pakistan, is quickly shifting forward on the path of development from its preliminary excessive poverty. Olivier Guillard for the Asialyst writes that at current, Dhaka ranks forward of Islamabad in phrases of devel...

Japan to invest more in Bangladesh after Covid-19: Japanese Ambassador

Japanese Ambassador in Dhaka Naoki Ito today said his country will make more investments in Bangladesh after the coronavirus situation ends. "Japan will make more investment in Bangladesh after coronavirus situation goes," he said while paying a courtesy call on Prime Minister Sheikh Hasina at her official Gono Bhaban residence in the city. PM...

Golden jubilee of independence and Bangladesh’s economic revolution

If Bangabandhu had not been born, Bangladesh would not have been born. The 50th year of independence and the birth centenary of Bangabandhu are undoubtedly a beacon of hope for the Bengali nation. Much of Bangabandhu's dream of building a golden Bengal has come true today.

Sheikh Mujibur Rahman: Mujib Bhai to Bangabandhu

Sheikh Mujibur Rahman: Mujib Bhai to Bangabandhu

Golden Decade of Development

Pranab Kumar Panday: The year 2021 carries particular importance in Bangladesh's history as the nation is set to celebrate the birth centenary of its Father of the Nation Bangabandhu Sheikh Mujibur Rahman and the golden jubilee of the country's independence. The UN CDP's decision to recommend Bangladesh, favouring its graduation in developing c...

50 Years of Independence: Bangladesh will have stronger foreign ties

Foreign Minister Dr AK Abdul Momen on Thursday said Bangladesh will have stronger relations with the external world through celebrating the 50 years of Independence amid presence of global leaders - both in person and virtually. The celebration of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman is also going on in ...

Bangladesh, Australia to focus more on trade, investment

Bangladesh and Australia want to expand bilateral relations with more trade, investment and cooperation in human resource development. Australian Foreign Minister Senator Marise Payne called his Bangladesh counterpart Dr AK Abdul Momen recently and discussed bilateral, regional and global issues of mutual interest, including the Rohingya issue,...

Bangladesh 2nd most economically free nation in South Asia: Heritage Foundation

Bangladesh is the only country in South Asia that has seen an improvement in the Heritage Foundation's 2021 Index of Economic Freedom. The country has been placed at the second most economically free nation in the region, only behind Bhutan. Bangladesh's score has increased in government integrity, tax burden, business freedom, and labour free...

Each upazila will get specialized community eyecare center : HPM Sheikh Hasina

Prime Minister Sheikh Hasina said the government will set up community vision centres in all upazilas across the country in phases to provide better eyecare services to local people. "Eyecare services are costly. General people can't afford these. I'm not only the Prime Minister, but also the daughter of the Father of the Nation. It's my respon...

Bangladesh’s Graduation to Developing Country: Leadership Makes the Difference

It is leadership and stable politics as well as government policies that paid off, analysts say as Bangladesh’s graduation from the LDC remains a miracle for many. In 2008-09 when the ruling Awami League first came to power after 1996, the Bangladesh GDP was $103.5 billion. A decade later, it rose to $330.2 billion in 2019-20. Export ear...

Bangladesh gets UN recommendation for graduating from LDC status

Bangladesh gets UN recommendation for graduating from LDC status Developing Country, Bangladesh, LDC, UN, Per Capita Income, Forex reserve, GDP Growth,

Bangladesh’s development model matches that of stages in South Korea, China: WSJ

Bangladesh is becoming South Asia's "economic bull case", reported Wall Street Journal on March 3. WSJ's Hong Kong-based reporter Mike Bird claimed Bangladesh is notable in South Asia for being the "closest proxy" for the successful development models seen at various stages in South Korea, China, and Vietnam. Bangladesh provides the world wit...

Month of Independence Begins

The fiery March, month of independence, began today giving a heartbreaking reminder to the genocide that the Pakistani occupation forces carried out in the country from March to mid-December in 1971. The month of March is very significant in the country’s history as Father of the Nation Bangabandhu Sheikh Mujibur Rahman declared the count...

Graduation from LDC: Bangladesh gets UN recommendation

The United Nations Committee for Development Policy has recommended Bangladesh's graduation from Least Developed Country (LDC) status along with Nepal and Lao PDR. Taffere Tesfachew, chair of the CDP subgroup on LDCs, shared the decision of recommendation at a briefing last night after the second triennial review of the LDC category of UN CDP. ...

Forex reserve hits record high over $44b

The country's foreign exchange reserves today hit a new record of $44.02 billion thanks to the upward trend of remittance and lower import payments, Bangladesh Bank data showed. The reserves, one of the major macroeconomic indicators of an economy, touched the $41 billion mark on October 28 and rose to $42 billion on December 15 and $43 billion...

Bangladesh epitomises handling of Coronavirus

Ajoy Dasgupta: Across the length and breadth of the country, the spree now going on among the people from all walks of life is registering for the coronavirus vaccine and waiting for one’s turn. While some adults might have some apprehension about the vaccination, children and women played the pioneering role in eliminating that fear sinc...