economy

Turkey offers Bangladesh $1bn for Infrastructure Loan

February 22, 2010 by D-8 Secretariat

The large delegation of Turkish businessmen accompanying a recent presidential visit to Bangladesh was the proof of the importance of Bangladesh to Turkey. Turkey and Bangladesh pledged to increase the trade volume to exceed 1 billion dollars
Turkey’s private asset…

Nigeria Affirms Readiness to Host D-8 Summit and Support Visa Simplification Agreement

January 26, 2010 by D-8 Secretariat

D-8 Secretary General, Dipo Alam (left) met with Nigerian Vice President, H.E Goodluck Jonathan (right), on a official visit to Abuja, Nigeria, on 25-26 January 2010 as a part of series of his working visit to relevant D-8 Member countries…

Bangladesh Economy on Track to achieve 6% Growth

January 04, 2010 by D-8 Secretariat

Bangladesh Central Bank Governor, Atiur Rahman, said Bangladesh’s economy is on track to achieve 6% growth in the 2009-10 fiscal year to June despite the global downturn
Bangladesh’s economy is on track to achieve six percent growth in the 2009-10…

Indonesia Affirms the Significance of D-8 Visa Simplification Agreement

December 18, 2009 by D-8 Secretariat

Indonesian President, H.E Susilo Bambang Yudhoyono, is extending the Indonesian proposal in the National Statement session in the Climate Changes Summit, in Copenhagen, Denmark, on December 17, 2009
D-8 Secretary General, Dipo Alam, had met with the Indonesian President, H.E…

Takaful Takes Giant Leap Forward: Presenting Immense Opportunity for D-8 Countries

August 25, 2009 by D-8 Secretariat

The global takaful industry is expected to grow by 20% and reach US$10-15 billion within the next decade, led mainly by the GCC countries and Malaysia.
The global takaful industry is expected to grow by 20% and reach US$10-15 billion…

Indonesia Celebrated its 64th Independence Day Today: Pledge to Continue Economic Growth and Committed to World Peace

August 17, 2009 by D-8 Secretariat

The people of Indonesia, numbering 230 million, celebrated the Independence Day on August 17th
The celebration kicked of with a 17-gun salute followed by the independence proclamation by the Speaker of Indonesia’s House of Representatives, Agung Laksono. The flag-raising ceremony…

D-8 Supports Bangladesh Bank Decision to Prioritize Credit to SMEs and Farms

June 01, 2009 by D-8 Secretariat

Bangladesh Bank Governor Dr Atiur Rahman (middle) speaks at a dialogue on Rethinking Trade Finance 2009: An ICC Global Survey organised by International Chamber of Commerce-Bangladesh in Dhaka last week (Photo: STARStar Business Report)
Bangladesh Bank (BB) will prioritise credit…

Deep Investment Decline Foreseen for Developing Countries (1 of 2)

May 22, 2009 by D-8 Secretariat

Foreign direct investment (FDI) plans indicate a drop over the short term, with recovery perhaps coming in 2011
The global downturn that reduced foreign direct investment (FDI) by some 15% in 2008 will probably intensify in 2009, especially for developing…

Egypt’s Economy Grows 4.3% on Construction, Telecoms

May 21, 2009 by D-8 Secretariat

Egypt's economy growth has picked up from 4.1 percent in the previous three months
Egypt’s economic growth accelerated to 4.3 percent in the first quarter of 2009 as construction, telecommunications and transportation expanded, defying the global financial crisis.
Growth picked…

WOC Ministerial Meeting Opens in Indonesia

May 14, 2009 by D-8 Secretariat

Indonesian President Susilo Bambang Yudhoyono (C) and delegates from about 70 countries pose for photographers during the opening ceremony of the World Oceans Conference in Manado on May 14, 2009. Photo: ABROR RIZKI/AFP/Getty Images
Indonesian President Susilo Bambang Yudhoyono officially…