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Bangladesh Economy: News & Updates

This is a ladies product of Micromax which is very popular in South America.

Micromax-Bling-Q55.jpg

My mother used this for a year!
 
Smartphone fair opens in Dhaka

Staff Correspondent bdnews24.com

Published: January 11 2013 08:09 Updated: January 12 2013 07:12

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A smartphone fair is being held in the capital for the first time in a bid to familiarise people with the latest advancements in technology.


Information Minister Hasanul Haque Inu inaugurated the ‘Smartphone Expo-2013’ on Friday morning at the Bangabandhu International Conference Centre in Agargaon.

The fair will run until Jan 13 from 10:00 am until 8:00pm, bringing into focus a variety of smartphones and tablet PCs.

In his inaugural speech, the Information Minister stressed on affordability of smartphones and mentioned that incorporation of ‘Bangla content’ would further popularise it.

The minister referred to developed countries putting weight over the need to further expand internet facilities.

According to him, many into the administration were living in an ‘analogue age’ and said it needed assistance of youths to change.

He also stressed the importance of providing the youth with cheaper internet and mobiles in the present times.

Inu said, “Like food, everyone also had the right to internet.”

He voiced his opinion in favour of withdrawing taxes over information technology items.

An entrepreneur of Ananda Computers, Mostafa Zabbar, in his speech said ‘bureaucratic complexities’ were the main hindrance to flourishing of technology in Bangladesh.

He stressed conversion of reading materials into ‘digital content’ to familiarise the new generation more with technology.

The fair is showcasing latest offerings from international brands such as Samsung, Symphony and ZTE.

State owned Teletalk 3G and Kaspersky Anti-Virus are the main sponsors of the event.

bdnews24.com is the media partner.

Teletalk Sales and Marketing Division Managing Director Habibur Rahman, Samsung General Manager Sang Ya Sung and first Bangladeshi to conquer Mount Everest, Musa Ibrahim, were present at the inaugural ceremony.

Smartphone fair opens in Dhaka - bdnews24.com
 
Dhaka, Moscow to ink nine deals

Star Online Report
Dhaka has finalised three agreements in various areas including defence purchase and setting up of a nuclear power plant for signing during Prime Minister Sheikh Hasina's four-day official visit to Russia from January 14.

The two countries will also ink six memorandums of understanding (MoU) in different areas of agriculture, health, education, culture, law and justice and counter-terrorism.

Foreign Minister Dipu Moni on Sunday disclosed the total of nine bilateral cooperation instruments in a press briefing at her ministry in the capital.

The three agreements which will be placed for signature are -- agreements for the State Export Credit for financing the preparatory works of Rooppur Nuclear Power Plant - for a maximum amount of US$ 500 million, agreements for establishment of a Nuclear Energy Information Centre in Dhaka - which actually would be in the premises of Bangabandhu Novo Theatre and agreement for the State Export Credit for financing defense purchase (for UD$ 1 billion), said a foreign ministry handout.



The prime minister will fly to Moscow by a special flight of Biman Bangladesh Airlines at 9:00am on Monday.

During the visit, Hasina will be accompanied by a high powered delegation, including Foreign Minister Dipu Moni and State Minister for Science and Technology Yeafesh Osman and other senior civil and military officials.

On Tuesday, she will hold talks with Russian President Vladimir V Putin at his Kremlin office which will be followed by signing of deals, likely in the areas of education and culture.

On the day, she will also have meetings with Chairperson of the Council of the Federation of the Federal Assembly of the Russian Federation Valentina I. Matvienko and Minister for Communication and Mass Media of the Russian Federation Nikolay Nikiforov.

On Wednesday, the prime minister will address the faculty members and students of Moscow State University. The theme of the speech will be "Contemporary Bangladesh-perspectives for Collaboration with Russia".

Later, she will have a meeting with General Director for State Atomic Energy Corporation 'ROSATOM' of the Russian Federation Sergey Kirienko.

Dhaka, Moscow to ink nine deals
 
KSA to recruit more B'deshi workers: Saudi Speaker

Published : Wednesday, 09 January 2013

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President M Zillur Rahman, visiting Saudi Arabian Assembly Speaker Dr Abdullah Bin Mohammed Bin Ibrahim Al-Sheikh along with the Saudi delegation took part at a photo session at Bangabhaban in the city Tuesday.— Focus Bangla Photo


Visiting Saudi Arabian Assembly Speaker Dr Abdullah Bin Mohammed Bin Ibrahim Al-Sheikh Tuesday said the Saudi government will recruit more manpower from Bangladesh in the coming days, reports UNB.

The Saudi Speaker said this when he met President M Zillur Rahman at Bangabhaban.

During the meeting, the Saudi Speaker said around 2.5 million expatriate Bangladeshis are presently working with honesty and sincerity in Saudi Arabia, and his government would recruit more manpower from Bangladesh.

"I've had fruitful discussions with Prime Minister Sheikh Hasina and Bangladesh parliamentary group regarding recruitment of more manpower from the country," he said.

Ibrahim Al-Sheikh highly lauded the continuous economic progress of Bangladesh and hoped that the people of Bangladesh would be able to maintain economic growth in the coming days.

The Speaker conveyed the greetings of Saudi King to the President and said the king has invited him to visit Saudi Arabia at his convenience.

President Rahman welcomed the Saudi parliamentary delegation at Bangabhaban and said Bangladesh attaches special importance to its relation with Saudi Arabia and would like to further deepen cooperation in all fields.

The President expressed his gratitude for employing a large number Bangladeshi manpower in Saudi Arabia, and urged the Saudi government to recruit more skilled, semiskilled and unskilled manpower from Bangladesh.

The President hoped the volumes of trade and investment between Bangladesh and Saudi Arabia would be further increased in the coming days.

Mr M Zillur Rahman observed the visit of Saudi parliamentary delegation will increase relations between members of parliament of Bangladesh and Saudi Arabia.

The Saudi Speaker was accompanied by Members of Saudi Shura Council Hatem Bin Arif Al Shareef and Saleh Bin Zaben Al Buqami.

Chair of Saudi-Bangladesh Friendship Group and Bangladesh member of parliament BH Harun, Saudi Ambassador in Bangladesh Dr Abdullah Bin Naser Al-Busairi, Bangladesh Ambassador to Saudi Arabia Md Shahidul Islam and secretaries concerned of President's office were present.

Financial Express :: Financial Newspaper of Bangladesh





Moderators, please do not move this thread to the economic section. My intention for posting this news is not to provide information about the Bangladeshi economy but to highlight the fact that contrary to the false claims of some others, Bangladeshi relations with gulf Arab countries have not deteriorated dramatically.

Also Jamat i Islami (JI) seem to have wanted Saudi to stop hiring Bangladeshi workers or even to expel them as a way to put pressure on Bangladesh over their leaders who are in prison in Dhaka for alleged war crimes.

This has clearly failed and though the Saudis may be sympathetic to JI, they do not care about them enough to stop hiring Bangladeshi workers or expel them.

Bangladesh's geo-strategic realities remain the same irrespective of which coalition is in power in Dhaka.


http://www.thefinancialexpress-bd.com/images/news_image_2013-01-09_20961.jpg
 
Khaleda urges S Arabia to recruit more Bangladeshis

Published : Wednesday, 09 January 2013


Opposition leader Khaleda Zia Tuesday urged visiting Saudi Arabian Assembly Speaker Dr Abdullah Bin Mohammed Bin Ibrahim Al-Sheikh to recruit more manpower from Bangladesh, reports UNB.

She made the call when a 13-member Saudi parliamentary delegation, led-by the Speaker, met her at her Gulshan office.

After over an hour-long meeting that began at around 1:30pm, BNP standing committee member and party spokesman Tariqul Islam briefed reporters about its outcome.

Tariqul Islam, who was also present at the meeting, said, "The opposition leader called upon the Speaker to recruit more Bangladeshi workers in Saudi Arabia."

Ibrahim Al-Sheikh informed the BNP Chairperson that their government is carrying out extensive development activities of the holy Ka'ba and will also do the same at Madina Sharif.

In response, Khaleda Zia requested him to hire Bangladeshi workers for the renovation works on the two holy worship places.

Tariqul Islam said matters relating to the mutual interests of the two brotherly countries were also laborately discussed at the meeting.

Talking to reporters, the Saudi Speaker said they had a cordial meeting and discussed how the existing bilateral relations between two nations could be strengthened further.

He also praised the role of Khaleda Zia in bolstering ties between Bangladesh and Saudi Arabia during her tenures as Prime Minister.

BNP standing committee member MK Anwar, chairperson's advisers Riaz Rahman, Sabihuddin Ahmed and her Saudi affairs adviser Enamul Haque were also present at the meeting.

Saudi Ambassador in Bangladesh Dr Abdullah Bin Naser Al-Busairi was also present.

The Saudi Speaker arrived here Sunday at an invitation of his Bangladesh counterpart Abdul Hamid Advocate.

Financial Express :: Financial Newspaper of Bangladesh
 
Qatar to hire Bangladeshis as pre-world soccer cup building bonanza underway

Published : Monday, 07 January 2013


FE Report

Qatar has said it will recruit Bangladeshi manpower to build its infrastructure needed for holding World Cup Football, scheduled for 2022.

In a discussion with the local authorities, the labor ministry of Qatar has provided its requirements of manpower from Bangladesh, the Expatriates' Welfare and Overseas Employment (EWOE) Minister Khandker Mosharraf Hossain said Sunday.

Speaking at a press briefing in the city, Mr Hossain said the energy-rich nation has shown interest to hire a significant number of workers from Bangladesh , because it needs millions of workers to build several stadiums ahead of the big soccer carnival.

He said the delegation of the labour receiving country has assured the ministry of recruiting various category workers shortly . "But initially it will hire female workers for house keeping sector,' he added.

The EWOE minister said the salary structure for the female workers would have been maintained as per the international standard with coverage of insurance include health.

"We placed the demands to the Qatar authority for our female workers," he said adding that if those conditions are not being fulfilled by the employer, we will not send any female labour to the Muslim nation.

He said the labourers will go to the Middle Eastern job place through both private and government arrangements. "So that the dishonest recruiters can not cheat the job seekers"

The Qatar delegation expressed its satisfaction over the Bangladesh's training centres for building skilled workers. "We also assured them of supplying all types of labourers according to their demand"

The minister, however, said the ministry is not against the private recruiters but it wants to bring them under control to reduce fraudulent activities.

A four member delegation headed by Sheikh Mohammed Hassan Al Obeidly, manager legal affairs department, ministry of labour of Qatar visited Bangladesh for discussion on manpower recruitment issues.

Sheikh Mohammed Al Atik-Al Dosauri, Director of ministry of interior (Directorate for passport and Expatriate affair) said hi country will began the manpower recruitment process from Bangladesh immediate after returning home.

Both types of Bangladeshi workers, female and male will be employed by Qatar, said Mr Dosauri.

The EWOE ministry also has a plan to send labouers to Australia which needs 2.4 million workers for various sectors, said the minister while addressing the press briefing.

‘Riyadh to increase manpower import from Dhaka’

Saudi Arabia, one of the major sources of manpower export, has not stopped manpower recruitment from Bangladesh but it is following a certain process in this regard, the Speaker of Saudi Assembly said here on Sunday, reports UNB.

"From now on, Bangladesh will export manpower in a systematic way and Bangladesh's manpower export market will further expand there," said visiting Speaker of the Consultative Assembly of Saudi Arabia, better known as Majlis ash-Shura, Dr Sheikh Abdullah bin Mohammed bin Ibrahim Al-Sheikh.

Al-Sheikh, who is here on a four-day visit, came up with the remark, while talking to journalists on his arrival in Dhaka. He is leading a 13-member parliamentary delegation at the invitation of his Bangladesh counterpart Abdul Hamid.

Al-Sheikh expressed satisfaction for giving punishment to those involved in the Saudi Embassy official Khalaf Al Ali murder case. "I express thanks to the Bangladesh government on behalf of Saudi government."

On December 30, a speedy trial tribunal awarded capital punishment to five people in the Saudi Embassy official Khalaf Al Ali murder case.

The condemned convicts are M Al Amin, Saiful Islam alias Mamun, Rafiqul Islam Khokon, Akbar Ali Lalu alias Rony and Selim Chowdhury.

Al-Sheikh also thanked the Bangladesh Speaker for inviting him here and said his visit would help strengthen Bangladesh-Saudi ties further.

Earlier, Speaker Abdul Hamid welcomed and received the delegation at Shahjalal International Airport.

Welcoming the delegation, Abdul Hamid said, "Bangladesh and Saudi Arabia has a long relations and it's historic."

Considering Saudi Arabia as a tested and trusted friend of Bangladesh, he said Saudi Arabia is leading the Muslims across the world. "I hope your stay here will be a fruitful and enjoyable one."

Abdul Hamid said the relation between the two countries has gradually been growing and it will be strengthened further.

He said they will have talks on the issues of bilateral interests during the stay of the Saudi delegation.

Speaker Abdul Hamid sought support from his counterpart for the betterment of Bangladeshis who are living in Saudi Arabia. "Doctors, engineers, nurses and other professionals including skilled and unskilled workforces from Bangladesh are there in Saudi Arabia."

Saudi-Bangladesh Parliamentary Group chairman, Bazlul Haque Harun, MP, M Shafiqul Islam, MP, and Saudi Ambassador in Dhaka Dr Abdullah NA Al Bussairy were, among others, present at the airport.

Mohammed bin Ibrahim Al-Sheikh will meet Prime Minister Sheikh Hasina on Monday evening at Ganobhaban. He is also expected to meet President Zillur Rahma.

Al Sheikh, who was the minister of Justice from February 1992 to February 2009, has been the chairman of the Majlis ash-Shura (Consultative Assembly) since 2009.

Financial Express :: Financial Newspaper of Bangladesh

@ Bangladeshi nationalists please comment.

1. Qatar wants millions of workers to prepare construction for the world cup, a lot of them will be from Bangladesh.

2. Australia needs 2.4 million workers.

3. Saudi wants to increase Bangladeshi workers.

The GOB (Government of Bangladesh) wants to systematize the way manpower export is done.

Please share your thoughts.

@eastwatch @iajdani @CaPtAiN_pLaNeT

Bangladesh already has around 4 million expatriates in the Gulf if we can increase this by another 1-2 million if not more our revenue from remittance earnings shoots up dramatically.
 
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Qatar to hire Bangladeshis as pre-world soccer cup building bonanza underway

Published : Monday, 07 January 2013
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Key word is "TO HIRE" and specially when it comes from Awami League minister mouth there is no credibility t it. We have been hearing KSA will hire for last 2 years but that did not happen. Awami League mnister also said UAE will not stop recruiting when they did. So until real and substential recruitment occurs to previous level these vapor statement are for gullible bunch.
 
they are around 2.5 million BD in KSA already....now more coming.:woot:..... anyway :welcome: feel home :cheers:
 
Saudi's way of welcoming Khaleda back into power.

Yep basically.

It might even hint that Saudis have "knowledge" that there will be a BNP govt in 2014. The only power that can guarantee such a thing is the US and no one else, because despite what anyone says the US is the no.1 and most powerful player in Bangladesh.

Mozena has recently been in backroom meetings with both BNP and BAL politicians including some USA-based Awami supporters and made it clear the US wants democracy (i.e my take is that means no coups, army interventions or illegal and underhand tricks to stay in power by incumbent governments).

The question however is the role of the corrupt Tariq Zia? :P
 
Bangladesh: Grameen Shakti celebrates one-millionth installation

In what has been claimed to be the largest offgrid electrification program in the world, Grameen Shakti has announced its millionth installation in Bangladesh. The company says the program demonstrates that the falling cost of solar photovoltaics is facilitating wider application in countries like Bangladesh.


"Dark villaves have woken up to a new life," through the installations, the company claims.
Grameen Shakti
Solar photovoltaic’s power as a distributed and offgrid solution for the developing world has been demonstrated in Bangladesh, where a project to provide systems in rural parts of the country has exceeded initial expectations. The program, funded by the World Bank and the Asian Development Bank, amongst others, has announced that it has installed solar systems to a million homes.

A ceremony was held in Dhaka last week, Bangladesh’s The Daily Star reported late last week, to mark the occasion. At the event, the World Bank’s country director Ellen Goldstein said that the program is exceeding expectations. "When the program was initiated, the target was only 500,000 solar home systems in five years," said Goldstein. "Now the partners are installing 60,000 systems per month."

The company, in its statement announcing the milestone, highlighted the advantages of rural electrification through Grameen Shakti’s photovoltaic installations:

"Grammen Shakti has enabled as many as eight million people in Bangladesh to light their homes and businesses using solar power. Mosques and schools in the countryside get benefits with solar home systems. Businesses such as mobile phone shops, electronic repair shops, agricultural and livestock farms, rural hospitals, vaccination centers, etc. have grown up. Business hours have been extended - shops, bakeries and rural pharmacies can stay open late at night."

"It is as if sleepy, dark villages have woken up to new life - a life of activity, growth, which is healthy and clean," the statement reads.

Grameen Shakti’s local photovoltaic system assembly operations employ women engineers and technicians. The company says this has created thousands of jobs and new income streams for households in rural Bangladesh.

The solar program has reported milestones of 250,000 installations by April 2009, half a million by the end of 2010 and one million by November 2012.

The Daily Star reports that the World Bank has indicated that it has spent US$400 million globally on renewable energy programs and will spend another $150 million in 2013, including the Grameen Shakti program. Installation of mini grids and solar irrigation systems have been targeted by the World Bank in Bangladesh.

Speaking at the event recognizing the milestone, Grameen Shakti’s Chairman, the Nobel Laureate Muhammad Yunus indicated that falling photovoltaic module prices has been key to the program’s success. "We began 16 years back when panel price was high and kerosene price was low," he said. "Finally, we have made it."

Grameen Shakti targets a second million homes, for solar photovoltaic installations, by the end of 2016.



Read more: Bangladesh: Grameen Shakti celebrates one-millionth installation: pv-magazine
 
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