Bangladesh Economy: News & Updates

[IamBengali]

Demu train

 

[IamBengali]

Kutubkhali-Nimtoli part of the flyover will be opened for traffic this month. The whole flyover will be opened for traffic step by step since its a very long (11.5 km) flyover.

 

[PlanetSoldier]

Kutubkhali-Nimtoli part of the flyover will be opened for traffic this month. The whole flyover will be opened for traffic step by step since its a very long (11.5 km) flyover.

eita venge porar voi ase...BAL er amole hoise, civilian construction...kono army touch nai !

 

[IamBengali]

eita venge porar voi ase...BAL er amole hoise, civilian construction...kono army touch nai !

Its done by Indian construction company Simplex. It is a very renowned construction company. They constructed several flyovers in India. The Company has recently constructed India's Longest Elevated Expressway Corridor - P. V. Narasimha Rao Expressway in Hyderabad. Jatrabari flyover may not collapse.

:: Simplex Infrastructures Ltd ::

 

[PlanetSoldier]

Its done by Indian construction company Simplex. It is a very renowned construction company. They constructed several flyovers in India. The Company has recently constructed India's Longest Elevated Expressway Corridor - P. V. Narasimha Rao Expressway in Hyderabad. Jatrabari flyover may not collapse.

:: Simplex Infrastructures Ltd ::

Then the risk is quadruple .

 

[IamBengali]

Capita International Times Square, Tongi

Third biggest shopping and business center in BD.

Project Information:

CITS Commercial Complex one of the largest shopping and Commercial projects in Bangladesh with 5,60,000 Sft. having over 1100 shops and 1,50,000 Sft. of office space in the heart of the Tongi Commercial area. The project is presently under construction.

Area : 80,000 Sqft. (approx) Each Floor.

Building : 07 Storied Multipurpose Commercial

 

[the just]

eita venge porar voi ase...BAL er amole hoise, civilian construction...kono army touch nai !

Not really. Konotari bhangar bhoe nai, only we need to take some precautions like not to allow truck with extra wait, too full buses should not use the flyovers.

 

[PlanetSoldier]

Not really. Konotari bhangar bhoe nai, only we need to take some precautions like not to allow truck with extra wait, too full buses should not use the flyovers.

Bahaddarhat flyover collapsed twice during its construction period...truck/bus question is a later part, I can't rely on anything built or started during BAL regime if the construction task is given to civilian.

 

[IamBengali]

Uttara 3rd Phase RAJUK Apartment Project

 

[IamBengali]

BSMMU Hospital Convention Center,Paribagh

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BSMMU plans a new 1,000-bed hospital with Korean loan

'This will be a unique, modern hospital, where poor patients will get treatment at low costs,' Dr Saleh said.

Bangabandhu Sheikh Mujib Medical University (BSMMU) plans to build a new 1000-bed specialised hospital at its university premises in Shahbag using a soft loan of $122.25m from South Korea.

The state-run medical university on Friday signed a memorandum of understanding (MoU) with the Korean government’s Economic Development Cooperation Fund for a feasibility study to construct a multi-disciplinary modern hospital on 1.5 hectares of land, opposite the Rupashi Bangla Hotel, BSMMU Vice Chancellor Prof Dr Pran Gopal Datta told the Dhaka Tribune.

Prof Datta and Sujeong Choi, representative of the Export-Import Bank of Korea’s EDCF operations department, signed the MoU at the BSMMU premises.

According to the MoU, a 30-member EDCF fact-finding mission will do an assessment of the project, assisted by a 20-member BSMMU taskforce. The assessment is expected to be completed in the next five months, and then a detailed project plan will be finalised.

After a final agreement is reached between the two sides, the hospital is expected to be constructed by 2017.

The Korean government will provide the $122.25m loan at 0.6% interest, repayable in 30 years, Dr Ahmed Abu Saleh of BSMMU said.

“This will be a unique, modern hospital, where poor patients will get treatment at low costs,” Dr Saleh said.

According to a proposed plan, the hospital will include a 100-bed intensive care unit (ICU), a 50-bed high dependency unit, a 50-bed neo-natal ICU, a 50-bed paediatric ICU, 10 modern operation theatres, a neurosurgery unit, and facilities for bone marrow, liver and kidney transplants.

Source: Dhaka Tribune

 

[Gyp 111]

Bangladesh crawls up global competitiveness index

Bangladesh’s competitiveness in the global arena has improved even though the economy has been reeling under a protracted political turmoil.

It has climbed up eight notches to 110th place among 148 nations in the World Economic Forum’s 2013-14 Global Competitiveness Index (GCI), but corruption has also increased.

The report, published on Wednesday, said Bangladesh was 118th last year among 144 countries.

The GCI is the most respected assessment of national economic competitiveness, providing a mirror image of a country’s economic environment.

The Index is based on measures of 12 basic pillars: institutions, infrastructure, the macroeconomic environment, health, education, market efficiency, the labour market, financial market development, technological readiness, market size, innovation and business sophistication.

The pillars are further divided into 112 sub-indicators.

Non-government research organisation Centre for Policy Dialogue (CPD) published the report in Bangladesh on Monday.

Corruption had increased in Bangladesh over the past year shooting it to the number one slot among the 16 biggest problems faced by the businessmen in the country, the report said.

Last year, businessmen viewed corruption as the second most serious problems they faced.

Apart from it, the country also slipped in several indices compared to the last year.

However, Bangladesh has made progress in infrastructure, economic stability and market size indices.

Seventy-one businessmen from 148 countries each took part in the survey conducted with a same questioner.

The research took into consideration the period from January to December 2012.

Among other South Asian nations, India and Pakistan had slipped by one and nine steps respectively while Sri Lanka and Nepal advanced by three and five steps respectively.

Nepal is below India, Sri Lanka, Bhutan and Bangladesh. India tops the chart among South Asian nations with the 60th position in the GCI Index.

As was the case last year, Switzerland topped the list, followed by Singapore and Finland, followed by Germany, US and Sweden. The United States moved up from No 7 to 5, while the UK dropped from No 8 to No 10.

Additional Researcher of CPD Khandker Golam Moazzem cited various facets of the report at a media briefing in Dhaka.

He said the progress made by Bangladesh was positive and viewed it as a success.

“We have to remember that we only made up for the lost ground last year,” he said.

Bangladesh crawls up global competitiveness index - bdnews24.com

 

[Skies]

Mobile banking gets high priority for poverty alleviation

Friday, 13 September 2013
Author / Source: BSS
Mobile banking gets high priority for poverty alleviation

DHAKA, SEPT 12: Bangladesh Bank (BB) will continue its support to fostering mobile phone banking as part of its drive to attain inclusive growth towards poverty alleviation.

“BB will continue attaching high priority for fostering mobile phone based banking as a powerful tool for easing hardship of livelihoods of poorer population segments,” BB Governor Dr Atiur Rahman told a seminar held Thursday in Kuala Lumpur, Malaysia. The governor was speaking at a session on “Banking Clients through Mobile Money” at AFI Global Policy Forum (GPF) 2013.
The Alliance for Financial Inclusion (AFI), in cooperation with the Bank Negara Malaysia (BNM), is holding the three-day forum, began on September 10.

The Forum has become the world’s most important Forum on financial inclusion, and has consistently grown along with AFI, which now represents more than 100 institutions from 87 countries.

Addressing the session, Atiur said Bangladesh has the potential of expanding mobile banking faster with over 100 million among 152 million people using mobile phones.

“Fast penetration of mobile telephony everywhere in Bangladesh attracted attention early on for its high promise as a cost effective new financial inclusion instrument,” he said.

Apart from this, the governor said Mobile Network Companies (MNCs) in Bangladesh were keen on launching their own mobile phone based financial services. But on prudential stability considerations BB opted for promoting this service in a bank led mode with the MNCs in partnering role on fee income basis.

He said the number of mobile phone banking client accounts has nearly doubled over the past two years and reached 7.21 million in last March. The numbers of area agents have risen to 108 thousands, transaction volumes have gone up correspondingly.

Even then, the governor said Bangladesh still has vast potential for further expansion of mobile banking with new services. Currently, he said, mobile phone banking transactions in Bangladesh comprise mainly money transfers including utility bill payments and salary disbursements. Besides, he said, mobile phone banking is now setting up to extend other services like deposit taking, loan disbursement and loan recovery. BSS

 

[kashifahmed]

seems good

 

[IamBengali]

Jatrabari-Gulistan Flyover opening Sept 24th

Longest flyover (11 km) of Dhaka

 

[IamBengali]

Biopharma Hospital

Rd 4A, Hse 53, Dhanmondi

Franco-German Embassy