Bangladesh Economic & Infrastructure Development - Updates & Discussions
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Bilal9
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Bangladesh - one of the global leaders in denim items production, has begun to move upmarket into high-margin fashion denim clothing material for value-added apparel production. One of the producers - SQUARE Denims, mentioned that they are offering material in twenty different high margin material categories (as oppose to basic denim, and which used to be ten categories or so prior) and the volume has now gone up to 40 crore meters.
Bangladesh is the top exporter to EU and it has the third highest export position to US.
Denim exports currently earn 300 crore dollars yearly, which is projected to go up to 700 crore dollars yearly by 2021...
Bangladesh is the top exporter to EU and it has the third highest export position to US.
Denim exports currently earn 300 crore dollars yearly, which is projected to go up to 700 crore dollars yearly by 2021...
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Fantastic plane at a great price for Biman.
Bilal9
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Agreed. Fortunate happenstance of :
- Boeing sales-guys knowing Bangladesh' need and a want and,
- Hasina's penchant for a deal and percentage.
I understand that Biman can even operate JFK to Dhaka direct with 787-9's, and certainly with ease provided new 787-LR's and ER's are developed (or available, not sure). They most certainly can with the triple-7's in the fleet currently, don't know if the load factor can compensate.
If only Biman could upgrade their service level a bit, they are so behind the curve from operators like Thai and SQ, and they now have as young or younger a fleet now compared with these carriers.
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Bilal9
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From Boeing's Twitter feed (two additional this week would make six 787's in the fleet),
Bangladesh is pulling ahead, rapidly. Here is why
With average growth rate of 8% as shown in the Asian Development Bank figures, Bangladesh has become as one of the fastest growing economies in the Asia-Pacific region.
Katharine Rooney 20 November, 2019 5:30 pm IST
When it first became a country, in 1971, Bangladesh was incredibly poor. The GDP growth rate was -14%, political instability was rife, and the nation was devastated by floods and famine.
Things have moved. Bangladesh now has an average growth rate of 8% – well above the Asian average, Asian Development Bank figures show.
A decline in population growth is also helping an increase in per capita income. The number of employed workers living below the poverty line dropped from 73.5% in 2010 to 10.4% in 2018.
Bangladesh has been classed by the United Nations as one of the world’s least developed countries (LDCs) since 1975, but its current trajectory means it is likely to shed that description by 2024.
Graduating from LDC status is a sign that a country’s per capita gross national income, human assets, and resilience to economic and environmental shocks are robust enough to enable sustainable development.
Bangladesh was 105th in the The Global Competitiveness Report 2019 from the World Economic Forum. The more competitive a country is, the more likely it is that it will be able to improve living standards.
The garment trade that began in Bangladesh in the 1970s is now a $30 billion industry. But the economy is diversifying. The services sector – including microfinance and computing – makes up 53% of the country’s GDP.
The success of the IT industry is central to the digital transformation and ongoing economic growth of Bangladesh. It exports nearly $1 billion of technology products every year – a figure that the government expects to increase to $5 billion by 2021. The country also has 600,000 IT freelancers.
Bangladesh has seen wide improvements in health, education, infant mortality and life expectancy, according to Daniel Gay of the United Nations Department of Economic and Social Affairs. This has driven growth and reduced economic vulnerability. “It’s really a success story,” he says.
https://theprint.in/world/bangladesh...is-why/323746/
Bangladesh is pulling ahead, rapidly. Here is why
With average growth rate of 8% as shown in the Asian Development Bank figures, Bangladesh has become as one of the fastest growing economies in the Asia-Pacific region.
Katharine Rooney 20 November, 2019 5:30 pm IST
When it first became a country, in 1971, Bangladesh was incredibly poor. The GDP growth rate was -14%, political instability was rife, and the nation was devastated by floods and famine.
Things have moved. Bangladesh now has an average growth rate of 8% – well above the Asian average, Asian Development Bank figures show.
A decline in population growth is also helping an increase in per capita income. The number of employed workers living below the poverty line dropped from 73.5% in 2010 to 10.4% in 2018.
Bangladesh has been classed by the United Nations as one of the world’s least developed countries (LDCs) since 1975, but its current trajectory means it is likely to shed that description by 2024.
Graduating from LDC status is a sign that a country’s per capita gross national income, human assets, and resilience to economic and environmental shocks are robust enough to enable sustainable development.
Bangladesh was 105th in the The Global Competitiveness Report 2019 from the World Economic Forum. The more competitive a country is, the more likely it is that it will be able to improve living standards.
The garment trade that began in Bangladesh in the 1970s is now a $30 billion industry. But the economy is diversifying. The services sector – including microfinance and computing – makes up 53% of the country’s GDP.
The success of the IT industry is central to the digital transformation and ongoing economic growth of Bangladesh. It exports nearly $1 billion of technology products every year – a figure that the government expects to increase to $5 billion by 2021. The country also has 600,000 IT freelancers.
Bangladesh has seen wide improvements in health, education, infant mortality and life expectancy, according to Daniel Gay of the United Nations Department of Economic and Social Affairs. This has driven growth and reduced economic vulnerability. “It’s really a success story,” he says.
https://theprint.in/world/bangladesh...is-why/323746/
Bilal9
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Here is the latest BG purchase in BG paint - 787-9 (yet unnamed) courtesy of Quentin Larsen at PDX (Portland, Oregon).
Water bus service introduced from Downtown Chittagong (Sadarghat area on the banks of the Karnafuli) to Patenga at Shah Amanat Airport due to heavy traffic jam. Fare is Tk. 400 one way, a bit high.
https://www.jugantor.com/todays-pape...A6%B9%E0%A7%87
Water bus service introduced from Downtown Chittagong (Sadarghat area on the banks of the Karnafuli) to Patenga at Shah Amanat Airport due to heavy traffic jam. Fare is Tk. 400 one way, a bit high.
https://www.jugantor.com/todays-pape...A6%B9%E0%A7%87
Bilal9
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Bilal9
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19th Padma Bridge span was installed a couple of days ago. Total number of spans are 42 - out of those 19 now installed and 12 ready to go on shore. The remainder (11) are in the pipeline being assembled onsite or on the way from China (kits).
Cross-wise Roadway slabs being installed on top level of Padma Bridge. This is span 13 and about 6-12 slabs are installed daily depending on weather and other factors.
Cross-wise Roadway slabs being installed on top level of Padma Bridge. This is span 13 and about 6-12 slabs are installed daily depending on weather and other factors.
Bilal9
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Here is the latest BG purchase in BG paint - 787-9 (yet unnamed) courtesy of Quentin Larsen at PDX (Portland, Oregon).
Well Biman's fifth of six total 787's arrived in Dhaka, named 'Achin Pakhi', this one is a lengthened 787-9, another 787-9 (named 'Sonar Tori') due shortly.
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Well Biman's fifth of six total 787's arrived in Dhaka, named 'Achin Pakhi', this one is a lengthened 787-9, another 787-9 (named 'Sonar Tori') due shortly.
Does air travelling is more preferred by Bangladeshi compared to train and bus in term of travelling inter Bangladesh city ? What type of aircraft is used for such trip, propeller or jet ?
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