Bangladesh Business News

Bangladesh’s GDP expected to grow by 7% in 2018 and 7.2% in 2019 . Bangladesh’s inflation rates forecasted at 6.1% in 2018 and 6.3% in 2019 – ADB Report

USD 7.61 Billion Dollar For Railways, Power & Army: ECNEC January – April 2019

Prime Minister Sheikh Hasina lead government allocated more than 7.6 billion dollar development project in the first four months of 2019. Most of the development allocation was for electricity and Railway.As this government put emphasis on energy and communication this will further boost the capability of this Nations overall growth. From this 7.6 billion dollars 2.2 …

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$100 Million Dollar Radar Upgrade for Dhaka Airport

Recently French defense equipment giant Thales Group was awarded 100 million dollar contract for Dhaka Hazrat Shahjalal International Airport, Air Traffic Management system including Advance radar and surveillance system. The company will set up a Communication, Navigation and Surveillance Air Traffic Management (CNS\/ATM) system with a multi-mode radar . The Thales ILS 420 is the …

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Bangladesh Highest Taxpayer in 2018 : Company & Individual

In 2018 Bangladesh Government Gazettes Published list of 145 top company and Individual Taxpayer . As Bangladesh GDP reached 249.7 billion USD in 2017 , Those performing Company and Individual played a significant role in this journey . In the Individual top 5 tax payer , Board of Square group have 3 seat while in …

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Arçelik A.Ş acquires 57% of Singer 🇧🇩 Bangladesh for $75 Million

The Turkish consumer electronics manufacturer Arçelik has completed Majority acquisition of Bangladesh Top Electronics Retailers singer . Singer is Publicly traded company in Bangladesh . Under the agreement, Ardutch BV, a wholly owned subsidiary of Arçelik, would acquire a 57 percent stake in Singer Bangladesh’s majority shareholder from Retail Holdings Bhold BV, remaining 43% is …

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Bangladesh Railway to Buy 40 High Speed Locomotive From USA – Progress Railway Service

Bangladesh Railway signed contract with American Progress Railway Service to get 40 high speed passenger locomotive (Railway Engine) . American company progress railway service is a subsidiary of Caterpillar . এই আর্টিকেলটির বাংলা ভার্সন দেখতে ক্লিক করুন Under the deal progress rail service will deliver 40 high speed passenger locomotive to Bangladesh Railway in 24 …

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Bangladesh Aiming For 10% Economic Growth in Next Three Years : PM Sheikh Hasina – Nikkei Asian Review

In an exclusive interview with Japan’s top Newspaper Nikkei Asian Review  Bangladesh Prime Minister Sheikh Hasina expressed her countries desire to be an economic powerhouse in South Asia in Next Three Years. Bangladesh already achieved  higher economic growth then India and Pakistan in Recent Years .   PM Sheikh Hasina Daughter   Sheikh Mujibur Rahman , the Founding …

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Bangladesh Top 20 Company in 2018 :By top earnings per share DSE

A company with a high earnings per share ratio is capable of generating a significant dividend for investors.If an investor is primarily interested in a steady source of income, the EPS ratio is useful for estimating the amount of room that a company has for increasing its existing dividend amount.   In either case, a high ratio indicates a potentially …

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USD 2.95 Billion for Railway,polytechnic & DGFI , Total 24 Dev project Approved in ECNEC

October 30 , 2018 Executive Committee of the National Economic Council (ECNEC) In the last month of ECNECH meeting of the ruling government, Chaired by Prime Minister sheik Hasina, The committee approved Tk 24,740 crore/ USD 2.95 Billion for 24 development project including infrastructure for Military Intelligence agency Directorate General of Forces Intelligence (DGFI). Fund Source  In Taka  In …

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ECNEC Allocated USD 3.87 Billion For Oil Pipeline, Fertiliser Factory , Fire Brigade ,Fourth Shitalakhya Bridge & 16 More Project

October 9, 2018. Executive Committee of the National Economic Council (Ecnec) In the 9th ECNEC meeting chaired by Prime Minister Sheikh Hasina approved 3.87$ Billion dollar development project. The much-awaited Dhaka Chittagong Oil Pipeline project and Ghorashal Palash Urea Fertiliser Factory got the committee approval.  Construction of 25 Fire brigade station in various   Upozilla and Fourth …

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Record 7.86 Percent GDP Growth of Bangladesh Economy in 2018

In recent years Bangladesh witnessed record economic growth. Under the leadership of nations founder Sheikh Mujibur Rahman’s Daughter Sheikh Hasina, Bangladesh is aiming for the Digital transformation of its economy and development in key SDG Human Development indicator. The Awami League lead government is giving highest priority to developing the energy sector. Now 90 Percent population …

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Booming Energy Sector of Bangladesh : 90 Percent Have Access To The Elctrecity

Bangladesh witnessed rapid growth in GDP and United Nations Sustainable development goal indicator in last eight years. With a 285 Billion dollar GDP, Most of rural Bangladesh is now under electricity. According to the Bangladesh Power development Board Bangladesh now have sixteen thousand megawatts electricity generating capacity. The allocation for the power sector in the annual …

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ECNEC Allocated USD 347$ Million for Food Sailo ,University Research & Exibition Center

In an ECNEC meeting headed by the Prime minster sheikh Hsina in 10 july 2018 the Executive Committee of the National Economic Council (Ecnec)  allocated  347 $ million dollar equivalent to 2920 corer Taka for six project . Food Sailo Renovation : Bangladesh Have 2722 Verious size food sailo with a storage capacity of 21 lack …

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Invest in Bangladesh

In recent years, the economy of Bangladesh has been taking a extensive turn . Bangladesh’s economy has grown at a consistent, blistering rate of more than 6 percent, making it one of the fastest growing economies in the world. Bangladesh is a winning combination of competitive market, business-friendly environment and competitive cost structure. Today, the Bangladeshi …

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Bangladesh is safer than India for Business : Maplecroft Civil Unrest Index

A United Kingdom Based research firm  Maplecroft  Civil Unrest Index show that Bangladesh is much safer than India to do  Business . Some recent political violence trigger the 6th position of Bangladesh in the index but its neighbour India have higher risk factor for business investment  . France which has been grappling with political protests and …

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