bangladesh

Bangladesh Bank to Control on Non-Productive Credit

October 29, 2008 by D-8 Secretariat

Worried by high growth in credit to non-productive sectors, the Bangladesh’s central bank in a policy shift will ask commercial banks for lending the sectors that generate employment, farm and industrial output, as reported by Bangladesh media sources.
Bangladesh Bank…

$204 Millions to operates Mobile Spectrum by Malaysia, Egypt, and Bangladeshi Companies

October 06, 2008 by D-8 Secretariat

Bangladesh has sold mobile phone spectrum to three of the country’s mobile phone operators for a total of 14 billion taka (US$204 million) to help expand their network, the telecoms regulatory authority said.
The three companies - Grameenphone, Egyptian Orascom…

World Bank Pledges $100m in Food Aid to Bangladesh

October 01, 2008 by D-8 Secretariat

World Bank (WB) has pledged a first phase donation of $100 million to assist Bangladesh in implementing the current fiscal budget, a WB official said yesterday.
This first phase assistance will be provided for the government’s food security programmes for…

Powertek of Malaysia may Build Bangladesh Sirajganj 450MW Power Project

September 22, 2008 by D-8 Secretariat

The Bangladeshi government appears to go for re-tendering for setting up the proposed 450 MW Bibiyana power plant due to poor response from the pre-qualified bidders.
Among the three qualified bidders, only the Malaysia-based Powertek Berhad has shown her solid…

D-8 Secretariat urges member states to implement food security program

September 18, 2008 by D-8 Secretariat

The Rome summit of the FAO and the Tokyo summit of the G-8 on tackling the ongoing world-wide food crisis are signs of the desperation nations are faced with. Indeed, the world is gripped by a new face of catastrophe,…

Bangladesh and Turkey will increase trade

September 04, 2008 by D-8 Secretariat

Bangladeshi Commerce Adviser Hossain Zillur Rahman, now on a visit to Turkey, has invited Turkish investment in the revival of Bangladesh's jute industry currently underway. He also listed the facilities his country offers for the foreign investors, which include cheap…

Bangladesh Case: SG will Discuss Fertilizer Projects with FM Malaysia in KL, Malaysia

August 25, 2008 by D-8 Secretariat

How much subsidy Bangladesh government needs to pay during the current season of cultivation, when the global market price of Urea [Prilled or Granular] is between US$ 800-860? If the government has to ensure supplying Urea to the farmers at…

Bangladesh Migrant Workers Potentially Exceed 9 Millions This Year

August 20, 2008 by D-8 Secretariat

Adviser for Foreign Affairs and Expatriate Welfare and Overseas Employment of Bangladesh, Dr Iftekhar Ahmed Chowdhury expressed the hope that employment of Bangladeshis abroad would exceed 9,000,000 this year if the present trend continues.
“This will be an all-time record,…

Bangladesh soon will apply MRP to fulfill ICAO requirement

August 09, 2008 by D-8 Secretariat

The Department of Immigration and Passport of Bangladesh (DIP) could start issuing machine-readable passports and visas from July next year as a Tk 560 crore fresh project for this purpose has been included in the Annual Development Programme of 2008-2009.…

World Bank pledges $100m in food aid to Bangladesh

July 22, 2008 by D-8 Secretariat

World Bank (WB) has pledged a first phase donation of $100 million to assist Bangladesh in implementing the current fiscal budget, a WB official said yesterday.
This first phase assistance will be provided for the government’s food security programmes for…