Bangladesh Economic & Infrastructure Development - Updates & Discussions
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And not even 40% of it has been disbursed yet. The loan will be on the pipeline for years to come.
They were not awarded anything. They bought it with money after outbidding the Indian party.
We need to keep this in mind.
Don't worry about us. You have tons of your own issues to fix. Better concentrate on those.
TopCat
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There will not be any BRI... The Rohingya problem will not go away any easy and the amount of distrust between MM and BD not going to help either.
I dont think any person in BD is willing to travel through Burma anytime soon.
I dont think any person in BD is willing to travel through Burma anytime soon.
No need to rush things. We need to wait and see how things unfold without comitting anything.
Ajaxpaul
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Worry abt you guys ? You gotta be kidding me...lol.
The Ronin
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Ice-cream industry expanding on rural demand
The ice-cream industry is growing fast, riding on rural consumers and surge in per capita income across the country, reveals a study.
With the massive electrification in the country, particularly in rural Bangladesh, ice-cream found its huge market beyond cities as use of refrigerators marked a significant leap in suburbs and villages.
The overall development in the socio-economic front that influenced food habits of millions helped in expanding ice-cream market, surpassing neighboring India, and even compete with global market in terms of market size, the study said.
“Compared with overall GDP, Bangladesh’s ice-cream industry is at par with Europe and overall global market while being significantly larger than neighboring India,” said the study.
Three out of six companies currently hold 79% share of the country’s Tk1,200 crore ice-cream market, the recent study of LankaBangla Investment Ltd said.
The study said branded ice creams occupy more than 85% of the total market share, while premium ice-creams which are expensive than those of branded ones account for nearly 15-20% of the market.
The industry is expected to grow by an additional 15% by the end of this year, the study added.
According to industry stakeholders, the branded ice-cream market size is growing fast due to rising income levels, increase of access to electricity across the country, and changes in social structure and food habits.
Stake holders, speaking to the Dhaka Tribune opined: “Market for branded ice cream is concentrated in the megacities due to issues regarding electricity, cold chain, and income level of the consumers.”
They also added that increasing access to electricity in rural areas is turning them into potential ice-creammarkets in villages.
According to the study, two established names in the industry, Igloo and Polar hold two-thirds (66%) of the market share.
Four companies, combined, hold 79% of the total market share.
Available at more than 20,000 retail outlets across the country, Abdul Monem Ltd’s Igloo holds 38% of the market share since it is the most popular impulse and take-home ice cream in Bangladesh.
When asked about the reason behind such a high market penetration level, CEO of Igloo Ice Cream GM Kamrul Hassan responded: “The market size of branded ice cream grows fast because of rapid penetration of electricity across the country and changes in social structure and food habits.”
Terming competition as necessary for a healthy market Kamrul further added that every successful company, including Igloo Ice Cream, welcomes competitors as it makes the market more competitive and consumer centric.
Igloos main competitor Polar – a concern of Dhaka Ice Cream Industries Ltd – holds a market share of 28%.
Recent market entrants Bellissimo and Za’n Zee – both concerns of Kazi Food Industry – were introduced in Bangladesh as high-quality premium ice-cream brands in 2013, and now hold 13% market share.
Kwality holds 11% while Bloop (owned by Golden Harvest Ice-Cream Ltd) holds 8% of the market share.
One out of six ice-cream firms is now listed in capital market.
Speaking to the Dhaka Tribune, Managing Director of Golden Harvest Group Ahmed Rajeeb Samdani said: “The ice-cream industry in Bangladesh has been steadily growing by approximately 12% every year. Golden Harvest has set up a brand new plant in collaboration with Tetra Pack Sweden and is being operated under the supervision of a highly experienced Danish production manager. The brand offers around 40 variants including sticks, cups, cones, calippo, sorbets, tubs, cakes and many more.”
Recently, Taufika Foods and Agro Industries Ltd launched a new ice cream brand - Lovello. The Lovellofactory has been setup on 5 acres of land in the Bhaluka upazila of the Mymensingh district with an initial investment of Tk100 crore.
However, Lovello is yet to penetrate the market significantly, market operators said.
Stakeholders explained that the growth of the country’s ice cream market has also seen a boost in employment.
They said tariffs on imported raw materials of ice-cream need to be rationalized. The main ingredients of ice cream are milk, dairy products, condensed milk, powdered milk, and butterfat, which are imported from Australia, Malaysia, New Zealand, and Denmark.
Studies show that the ice cream industry is contributing 0.064% of the gross domestic product (GDP). The ice cream industry in India is contributing 0.031% to their GDP. But in Vietnam, the industry has contributed a lot (0.094%).
Furthermore, the ice cream industry contributes 0.053% of the world GDP.
The global ice cream market grew at the Compound Annual Growth Rate (CAGR) of around 6% during 2009-2016, reaching a volume of 19.7 million metric tons in 2016.
In 2016, Europe dominated the global ice cream market with more than 40% share. On the other hand, China and Brazil account for two-fifths of the global ice cream sales.
SAM Zakaria Hossain, general manager of Kazi Food Industries Limited, told the Dhaka Tribune: “Bellissimo is the first and only icecream brand in Bangladesh to produce international standard ice cream using at least 10% milk fat and natural flavors. Za 'n Zee has delicious and fun ice creams at affordable prices for ice cream lovers all over Bangladesh.”
https://www.dhakatribune.com/busine...mpBFSW2IvnJcgfmBoCO3WE0GLUSpeodE6xXx_GcP_8oQU
Isn't BAL already thinking about second Padma bridge there? Japan is eying that project.
https://www.thedailystar.net/frontp...r-projects-govt-seeking-japanese-fund-1509418
The ice-cream industry is growing fast, riding on rural consumers and surge in per capita income across the country, reveals a study.
With the massive electrification in the country, particularly in rural Bangladesh, ice-cream found its huge market beyond cities as use of refrigerators marked a significant leap in suburbs and villages.
The overall development in the socio-economic front that influenced food habits of millions helped in expanding ice-cream market, surpassing neighboring India, and even compete with global market in terms of market size, the study said.
“Compared with overall GDP, Bangladesh’s ice-cream industry is at par with Europe and overall global market while being significantly larger than neighboring India,” said the study.
Three out of six companies currently hold 79% share of the country’s Tk1,200 crore ice-cream market, the recent study of LankaBangla Investment Ltd said.
The study said branded ice creams occupy more than 85% of the total market share, while premium ice-creams which are expensive than those of branded ones account for nearly 15-20% of the market.
The industry is expected to grow by an additional 15% by the end of this year, the study added.
According to industry stakeholders, the branded ice-cream market size is growing fast due to rising income levels, increase of access to electricity across the country, and changes in social structure and food habits.
Stake holders, speaking to the Dhaka Tribune opined: “Market for branded ice cream is concentrated in the megacities due to issues regarding electricity, cold chain, and income level of the consumers.”
They also added that increasing access to electricity in rural areas is turning them into potential ice-creammarkets in villages.
According to the study, two established names in the industry, Igloo and Polar hold two-thirds (66%) of the market share.
Four companies, combined, hold 79% of the total market share.
Available at more than 20,000 retail outlets across the country, Abdul Monem Ltd’s Igloo holds 38% of the market share since it is the most popular impulse and take-home ice cream in Bangladesh.
When asked about the reason behind such a high market penetration level, CEO of Igloo Ice Cream GM Kamrul Hassan responded: “The market size of branded ice cream grows fast because of rapid penetration of electricity across the country and changes in social structure and food habits.”
Terming competition as necessary for a healthy market Kamrul further added that every successful company, including Igloo Ice Cream, welcomes competitors as it makes the market more competitive and consumer centric.
Igloos main competitor Polar – a concern of Dhaka Ice Cream Industries Ltd – holds a market share of 28%.
Recent market entrants Bellissimo and Za’n Zee – both concerns of Kazi Food Industry – were introduced in Bangladesh as high-quality premium ice-cream brands in 2013, and now hold 13% market share.
Kwality holds 11% while Bloop (owned by Golden Harvest Ice-Cream Ltd) holds 8% of the market share.
One out of six ice-cream firms is now listed in capital market.
Speaking to the Dhaka Tribune, Managing Director of Golden Harvest Group Ahmed Rajeeb Samdani said: “The ice-cream industry in Bangladesh has been steadily growing by approximately 12% every year. Golden Harvest has set up a brand new plant in collaboration with Tetra Pack Sweden and is being operated under the supervision of a highly experienced Danish production manager. The brand offers around 40 variants including sticks, cups, cones, calippo, sorbets, tubs, cakes and many more.”
Recently, Taufika Foods and Agro Industries Ltd launched a new ice cream brand - Lovello. The Lovellofactory has been setup on 5 acres of land in the Bhaluka upazila of the Mymensingh district with an initial investment of Tk100 crore.
However, Lovello is yet to penetrate the market significantly, market operators said.
Stakeholders explained that the growth of the country’s ice cream market has also seen a boost in employment.
They said tariffs on imported raw materials of ice-cream need to be rationalized. The main ingredients of ice cream are milk, dairy products, condensed milk, powdered milk, and butterfat, which are imported from Australia, Malaysia, New Zealand, and Denmark.
Studies show that the ice cream industry is contributing 0.064% of the gross domestic product (GDP). The ice cream industry in India is contributing 0.031% to their GDP. But in Vietnam, the industry has contributed a lot (0.094%).
Furthermore, the ice cream industry contributes 0.053% of the world GDP.
The global ice cream market grew at the Compound Annual Growth Rate (CAGR) of around 6% during 2009-2016, reaching a volume of 19.7 million metric tons in 2016.
In 2016, Europe dominated the global ice cream market with more than 40% share. On the other hand, China and Brazil account for two-fifths of the global ice cream sales.
SAM Zakaria Hossain, general manager of Kazi Food Industries Limited, told the Dhaka Tribune: “Bellissimo is the first and only icecream brand in Bangladesh to produce international standard ice cream using at least 10% milk fat and natural flavors. Za 'n Zee has delicious and fun ice creams at affordable prices for ice cream lovers all over Bangladesh.”
https://www.dhakatribune.com/busine...mpBFSW2IvnJcgfmBoCO3WE0GLUSpeodE6xXx_GcP_8oQU
Isn't BAL already thinking about second Padma bridge there? Japan is eying that project.
https://www.thedailystar.net/frontp...r-projects-govt-seeking-japanese-fund-1509418
Adding graphene to jute fibres could give natural alternative to man-made materials
Scientists from The University of Manchester have combined graphene with the natural fibre, jute, to create a world’s first for graphene-strengthened natural jute fibre composites.
The breakthrough could lead to the manufacturing of high-performance and environmentally friendly natural fibre composites that could replace their synthetic counterparts in major manufacturing areas, such as the automotive industry, ship building, durable wind turbine blades and low-cost housing.
It could also boost the farming economies of countries such as Bangladesh, India, and China – where the jute material is mainly produced – the researchers from The University of Manchester claim.
The University is home to the National Graphene Institute and the Graphene Engineering Innovation Centre which provide an unrivalled critical mass of graphene expertise. The two facilities demonstrate Manchester's position as a globally leading knowledge-base in graphene research and commercialisation.
Jute is extracted from the bark of the white jute plant (Corchorus capsularis) and is a 100% bio-degradable, recyclable and environmentally friendly natural fibre. It is also the second most produced natural fibre in the world – after cotton – and is at least 50% cheaper than flax and other similar natural fibres.
This makes it extremely appealing to different industry sectors looking to create a cheaper, more environmentally friendly alternative to synthetic composites. That is why natural fibre composites are attracting significant interest due to potential to reduce carbon foot print by replacing synthetically produced materials, such as glass fibre, which costs more and can be harmful for the planet.
Forkan Sarker, a Commonwealth Scholarship recipient for Bangladesh, has carried out the experiments and analysis of the data for this study, and the publication showing graphene could be critical is available online.
Professor Prasad Potluri, Director of Research, North West Composites Centre said: “Forkan Sarker, joined my group with a view to work on a PhD problem relevant to his country’s economy.
“This is an example of judicious combination of low-value, carbon-neutral commodity fibres with an extremely small volume fraction of high-value graphene in order to create a material system that could replace energy-intensive carbon and glass fibres in a number of light-weight structural applications.”
“
This is an example of judicious combination of low-value, carbon-neutral commodity fibres with an extremely small volume fraction of high-value graphene in order to create a material system that could replace energy-intensive carbon and glass fibres in a number of light-weight structural applications
Professor Prasad Potluri
„
Follow me on Twitter (opens in new window)
Despite their environmental credentials, natural fibre composites suffer from poor mechanical and interfacial properties which mean they’re not strong enough for some industrial applications. That is why researchers from The University of Manchester’s National Graphene Institute (NGI) and Robotics and Textile Composites Group have been working on a collaborative project and coating jute fibres with graphene oxide and graphene flakes to improve its strength.
The results have been extremely positive and show that the jute fibres with a graphene coating have enhanced interfacial shear strength of around 200%, with flexural strength increasing by nearly 100% when compared to the untreated fibres.
Dr Nazmul Karim, Knowledge Exchange Fellow (Graphene) at National Graphene Institute, said: “We have been working on graphene and other 2D materials-based natural fibres for several years in Prof Novoselov’s group. It is great to translate that experience into developing high performance natural fibres composites”.
Dr Karim, who also conceived the idea and designed the experiments of incorporating graphene onto jute, added: “Jute, once known as the golden fibres of Bangladesh, lost its glaze in the 1980s after synthetic materials like polythene and plastics were introduced. However, with growing environmental concerns with plastics, the use of natural fibres such as Jute is on rise again.
“Moreover, the use of jute in automobile interiors by global car giants has been growing rapidly with a current demand of 100,000 tonnes a year. I believe our graphene-based jute fibres could play a very important role in meeting the growing demand of more environmentally friendly products for various industries.”
Advanced materials is one of The University of Manchester’s research beacons - examples of pioneering discoveries, interdisciplinary collaboration and cross-sector partnerships that are tackling some of the biggest questions facing the planet. #ResearchBeacons
https://www.manchester.ac.uk/discov...ve-natural-alternative-to-man-made-materials/
Scientists from The University of Manchester have combined graphene with the natural fibre, jute, to create a world’s first for graphene-strengthened natural jute fibre composites.
The breakthrough could lead to the manufacturing of high-performance and environmentally friendly natural fibre composites that could replace their synthetic counterparts in major manufacturing areas, such as the automotive industry, ship building, durable wind turbine blades and low-cost housing.
It could also boost the farming economies of countries such as Bangladesh, India, and China – where the jute material is mainly produced – the researchers from The University of Manchester claim.
The University is home to the National Graphene Institute and the Graphene Engineering Innovation Centre which provide an unrivalled critical mass of graphene expertise. The two facilities demonstrate Manchester's position as a globally leading knowledge-base in graphene research and commercialisation.
Jute is extracted from the bark of the white jute plant (Corchorus capsularis) and is a 100% bio-degradable, recyclable and environmentally friendly natural fibre. It is also the second most produced natural fibre in the world – after cotton – and is at least 50% cheaper than flax and other similar natural fibres.
This makes it extremely appealing to different industry sectors looking to create a cheaper, more environmentally friendly alternative to synthetic composites. That is why natural fibre composites are attracting significant interest due to potential to reduce carbon foot print by replacing synthetically produced materials, such as glass fibre, which costs more and can be harmful for the planet.
Forkan Sarker, a Commonwealth Scholarship recipient for Bangladesh, has carried out the experiments and analysis of the data for this study, and the publication showing graphene could be critical is available online.
Professor Prasad Potluri, Director of Research, North West Composites Centre said: “Forkan Sarker, joined my group with a view to work on a PhD problem relevant to his country’s economy.
“This is an example of judicious combination of low-value, carbon-neutral commodity fibres with an extremely small volume fraction of high-value graphene in order to create a material system that could replace energy-intensive carbon and glass fibres in a number of light-weight structural applications.”
“
This is an example of judicious combination of low-value, carbon-neutral commodity fibres with an extremely small volume fraction of high-value graphene in order to create a material system that could replace energy-intensive carbon and glass fibres in a number of light-weight structural applications
Professor Prasad Potluri
„
Follow me on Twitter (opens in new window)
Despite their environmental credentials, natural fibre composites suffer from poor mechanical and interfacial properties which mean they’re not strong enough for some industrial applications. That is why researchers from The University of Manchester’s National Graphene Institute (NGI) and Robotics and Textile Composites Group have been working on a collaborative project and coating jute fibres with graphene oxide and graphene flakes to improve its strength.
The results have been extremely positive and show that the jute fibres with a graphene coating have enhanced interfacial shear strength of around 200%, with flexural strength increasing by nearly 100% when compared to the untreated fibres.
Dr Nazmul Karim, Knowledge Exchange Fellow (Graphene) at National Graphene Institute, said: “We have been working on graphene and other 2D materials-based natural fibres for several years in Prof Novoselov’s group. It is great to translate that experience into developing high performance natural fibres composites”.
Dr Karim, who also conceived the idea and designed the experiments of incorporating graphene onto jute, added: “Jute, once known as the golden fibres of Bangladesh, lost its glaze in the 1980s after synthetic materials like polythene and plastics were introduced. However, with growing environmental concerns with plastics, the use of natural fibres such as Jute is on rise again.
“Moreover, the use of jute in automobile interiors by global car giants has been growing rapidly with a current demand of 100,000 tonnes a year. I believe our graphene-based jute fibres could play a very important role in meeting the growing demand of more environmentally friendly products for various industries.”
Advanced materials is one of The University of Manchester’s research beacons - examples of pioneering discoveries, interdisciplinary collaboration and cross-sector partnerships that are tackling some of the biggest questions facing the planet. #ResearchBeacons
https://www.manchester.ac.uk/discov...ve-natural-alternative-to-man-made-materials/
Bangladesh kicks out textile industry safety inspectors
Bangladesh is about to kick out safety inspectors, which were brought in after the Rana Plaza tragedy in April, 2013. The international safety inspection team will be forced to leave the country this Friday. Activists are predicting “profound and lasting” consequences for worker safety.
https://www.dw.com/en/bangladesh-kicks-out-textile-industry-safety-inspectors/av-46497303
Bangladesh is about to kick out safety inspectors, which were brought in after the Rana Plaza tragedy in April, 2013. The international safety inspection team will be forced to leave the country this Friday. Activists are predicting “profound and lasting” consequences for worker safety.
https://www.dw.com/en/bangladesh-kicks-out-textile-industry-safety-inspectors/av-46497303
Arsalan
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Good for us
Garments owners pressured the govt to do this. They wouldn't do this if it were going to hurt their pockets.Good for us
Anyway time will tell.
war&peace
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InshaAllah!!!Good for us
Homo Sapiens
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Do not jump too early. May get disappointed at last. There might be some fruitful re-negotiation about inspection and may not change anything ultimately.
Plus, BD is still a small player in global apparel market, providing just 6 percent cloths. So our rise in apparel industry is not at the expense of Pakistan. Why Pakistan can not capture the other 94 percent market already available? If you can not take a slice from the 94 percent market now than it is certain that you will not be able to make any difference even if Bangladesh loss all the market and 100 percent market become available for you. So, showing such mean mentality and premature rejoice of Pak people will not bear any fruit.
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