Sunday June 25, 2017 13:59
BANGLADESH Press Releases
A Memorandum of Understanding (MoU) was signed on 9 June 2017 between the Asian Institute of Technology (AIT) and Power Grid Company of Bangladesh Limited (PGCB) in which AIT will provide high-quality customized professional development courses for
On May 26, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV Consultation with Bangladesh, and considered and endorsed the staff appraisal without a meeting. [1] Steady monetary policy management and fiscal discipline have supported macroeconomic stability, allowing the economy to benefit from favorable external demand, high remittances, and low commodity prices. The result has been strong output growth, falling inflation, moderate public debt, and a rebuilding of external resilience.
Supported by both domestic and external demand, real GDP growth in FY16 accelerated to 7.1 percent, from 6½ percent in the previous fiscal year. Headline inflation continued to ease, falling below 6 percent by the end of 2016, helped in part by favorable agricultural production and falling global commodity prices. International reserves have risen further, and the public debt-to-GDP ratio has remained largely stable at a moderate level. Tax revenue performance has improved somewhat, with revenues-to-GDP ratio increasing moderately. The strengthening of economic growth has been supported by a moderate acceleration of money supply and credit to the private sector.
DHAKA, June 5, 2017 — Despite Bangladesh's robust economic growth, the pace of job creation has slowed in the recent years, says a new World Bank analysis discussed today at a high-level workshop. The country needs to proactively address the
On May 19, 2017, S&P Global Ratings affirmed its 'BB-' long-term and 'B' short-term sovereign credit ratings on the People's Republic of Bangladesh. The outlook remains stable. The transfer and convertibility (T&C) assessment remains
Dhaka, May 17, 2017 — The World Bank today awarded prizes to winners of the #ProsperBangladesh Selfie Contest 2017. Aimed at engaging youth in a dialogue on Bangladesh's development priorities, the month-long contest received hundreds of
Resort in popular Bangladeshi destination will offer upscale accommodation, meeting facilities, a spa and retail zone Mövenpick Hotels & Resorts is set to open a 210-room hotel in Bangladesh in the third quarter of 2018. The business and leisure
DHAKA, April 27, 2017— Bangladesh and its South Asian neighbors can make their container ports more efficient by boosting private sector participation, improving governance and encouraging competition in order to grab a bigger share of
WASHINGTON, April 26, 2017—The World Bank today approved $59 million in financing to help Bangladesh meet the increasing demand for electricity by improving the reliability and efficiency of the entire power system, from electricity generation to
Dusit International, one of Thailand's foremost hotel and property development companies, is set to expand its global footprint once again with the opening of DusitPrincess Dhaka, the company's first property in Bangladesh, under a long-term arrangement
DHAKA, April 18, 2017 – The government of Bangladesh today signed two additional financing agreements totaling $74 million with the World Bank to improve the country's e-government services across its agencies, as well as improve air quality of
For those considering beach getaways and urban adventures in the most attractive destinations across Thailand, Maldives, China, Hong Kong, Laos, Malaysia, Sri Lanka and Bangladesh, there is no better time to plan than now! The perfect holiday starts from
Dacon Inspection Services as the leader of inspection and engineering services recently got an exciting project for challenging international projects in Bangladesh. This project to be undertaken in Bangladesh were remote flare inspections. This involved
DHAKA, March 16, 2017: The World Bank Bangladesh today launched a social media competition titled '#ProsperBangladesh Selfie Contest2017', to hear and firsthand experience your views on what will it take Bangladesh to become a middle income country by
Embassy Secretary and Staff Club, led by Khun Kanapattara Somjest, Social Secretary to Ambassador from Embassy of Bangladesh (2nd row, 5th from right), held a dinner event purposing to gather around and to tighten relationships among members from 26
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's
DHAKA, February 26, 2017 — The World Bank Group today issued the following statement by Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal: 'The World Bank takes the issue of compliance with national laws very seriously. We
DHAKA, February 26, 2017 — The World Bank Group today issued the following statement by Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal: 'The World Bank takes the issue of compliance with national laws very seriously. We
DHAKA, February 22, 2017: The World Bank reiterates its continued support to Bangladesh during a meeting between Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal and Mr. AHM Mustafa Kamal, Honorable Minister of Planning. The
H.E. Ms. Saida Muna Tasneem, Ambassador of Bangladesh to Thailand recently hosted a dinner at Bangrak room of Dusit Thani Bangkok in honour of H.E. Mr. Nurul Islam, B.Sc., Hon'ble Minister of Ministry of Expatriates' Welfare and Overseas Employment,
DHAKA, February 20, 2017 — The World Bank Group today issued the following statement from Qimiao Fan, World Bank Country Director for Bangladesh, Bhutan and Nepal "The World Bank is fully cooperating with the National Board of Revenues (NBR) and
Bhurungamari, February 19, 2017 — The government of Bangladesh and the World Bank today launched a cash benefits program for 600,000 of the country's poorest mothers and pregnant women in exchange for their participation in activities to improve
SARTTAC is a collaborative venture between the IMF, the member countries (Bangladesh, Bhutan, India, Maldives, Nepal, and Sri Lanka) , and development partners. The Center aims at helping its member countries strengthen their institutional and human
WASHINGTON, January 31, 2017—The World Bank today approved $300 million financing to empower the local governments at grassroots level with discretionary funds that would enable communities decide and implement local development priorities. Built
Thai Airways International Public Company Limited (THAI) offers a special dessert menu for New Year's during 31 December 2016 to 1 January 2017 onboard all international flights from Bangkok (except on Middle East routes, Pakistan, Bangladesh and India)
Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February's heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and
The Philippine bank through which $81 million stolen from Bangladesh's central bank was channeled in February said on Tuesday that the central bank was responsible for the heist, and so any liability should not be passed on. Manila-based Rizal Commercial
Dhaka, November 14, 2016: Bangladesh can become an export powerhouse at the level of its East Asian neighbors by improving its business competitiveness and trade regime, which will help firms compete globally, says a new World Bank Group report launched