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Bangladesh Economy: News & Updates

You see the price then you can say buying a bmw here is like buying a ferrari or lamborghini in our neighbouring country...BD's traffic is turing out into a nightmare as you mentioned thus the tax raised up that high..but recently little bit reduced so expecting some exotics will be coming but in your pictures the aventador and the 458 italia doesn't belong to our country mayb its from somewhere else....No lamborghini or buggati yet...i heard that the owner had to pay 12cr tax only for the ferrari f430 excluding the price i hope you can its normal when you gotto to pay 800% tax i am not sure on it but heard :)

The f50 is not real...an automobile engineer of bd has chopped the body of a honda civic and then gave it a shape like f50
Recently camaro,gtr etc been imported like around a year ago...audi bmw and jag are coming rapidly here
 
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You see the price then you can say buying a bmw here is like buying a ferrari or lamborghini in our neighbouring country...BD's traffic is turing out into a nightmare as you mentioned thus the tax raised up that high..but recently little bit reduced so expecting some exotics will be coming but in your pictures the aventador and the 458 italia doesn't belong to our country mayb its from somewhere else....No lamborghini or buggati yet...i heard that the owner had to pay 12cr tax only for the ferrari f430 excluding the price i hope you can its normal when you gotto to pay 800% tax i am not sure on it but heard :)

The f50 is not real...an automobile engineer of bd has chopped the body of a honda civic and then gave it a shape like f50
Recently camaro,gtr etc been imported like around a year ago...audi bmw and jag are coming rapidly here


Sry for last post.. the photo is importing them to Myanmar from Thailand border .. I'm a huge fun of exotic cars.. also hit 'like' many car pages including Bangladesh Automobile sceneiro, an excellent car page of BD .. i got above pic from that page..

As u said , even a millionire hard to get a ferreri.. singh..!!! No way for me...
 
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Its alright! Yeah its really hard to bring those at this tax rate..Which country are you from bro?
 
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Its alright! Yeah its really hard to bring those at this tax rate..Which country are you from bro?

today.. i took a visit to R3V and got some exotic of BD.. Love to see it..
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the same guarge.. who own this..? bro.. as u said before , the owner need to spend at least 1 miliions US$ to got these..

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o look a Mobil sign.jpg


the rich ride..

BTW., i found the same name of u in R3V.. i think it's u... :D
 
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The name of the owner of that garage is Sajidul Islam Shuvro..He also has evoque,fisker karma,porsche cayenne etc
To bring that nissan gtr the owner had to spend around $500000 not like 1 million n i had that later after some mod the engine got some add hp so which gave the gtr around 800hp which makes it run more faster than aventador n recently their's a rumour it is now 1200hp not sure..can be rumour...ahhh myanmar..those sexy 350z as ploce cars n those touring scania buses which was sold to the opreator after the event...you guy have alot dude (y)
 
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Bangladesh happens to be the largest producer of Bone china tableware in the SAARC region and that is due to only one singular company (Shinepukur) that is part of the BEXIMCO industrial conglomerate. There are other ceramicware producers and exporters in Bangladesh but the lion's share of exports (50%) is exported by Shinepukur ceramics.

Bone China tableware production at Shinepukur Ceramics is around 7.5 metric tonne daily. The products are renowned for their finesse and elegance and are symbols of exquisite quality, elegance and superiority. The first ever Bone China plant in the SAARC region, the plant was built with the direct technology-transfer from NIKKO Japan, which is renowned for their ceramic industry expertise.

No-name porcelain hotelware is also made at the same plant. Porcelain Plant currently has a production capacity of 15MT per day that sum up to 18 million pieces produced annually.

The name of the company is recognized in every household locally as their quality products have found extensive markets both at home and abroad. They count prestigious names such as Noritake, Wedgwood, Villeroy & Boch, Royal Doulton, Portmeirion, Denby, Sainsbury’s, Fenwicks, TCC among their Bone China customers. British Airways and several other large airlines and hotel chains are also their customers for their Hi-Alumina hotelwares.

A few of the myriad product lines currently on offer.

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A few TV specials from Bangladesh outlining progress on the Padma Multipurpose Bridge Project - which will be the largest (longest) river crossing of its type in South Asia. Video copyrights owned by respective TV channels. 17% of the work including majority of approach road work has been completed. Projected budget was US$ 2915.00 million in 2011 which has already gone up 20%.

The objective of the Padma Multipurpose Bridge Project for Bangladesh is to connect the south- western region to the rest of the country in order to stimulate economic growth by facilitating inter-regional, cross-river transport of passengers and freight, and transmission of natural gas, telecommunication and electricity in a cost effective manner. There are five components to the project, the first component being main bridge and approach roads. This component will include construction of foundation, substructure and superstructure of the main bridge and services on the bridge, road viaducts, approach roads, toll plazas and bridge end facilities. This would be a 'rail ready' road bridge. The second component is the river training works. The third component is the implementation of social action and environmental management plans. This component will support implementation of the social action plan including the Resettlement Action Plans (RAP), public health action, gender action, charland monitoring and public consultation plans. The fourth component is the construction supervision, monitoring and evaluation of the project impact and social and environmental management plans. This component will cover the cost of consulting and other services for project implementation, including construction supervision and project management support. Finally, the fifth component is the project management support, capacity building of Bangladesh Bridge Authority (BBA), technical assistance and training.





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Biman Sign deal to take 2 Dash8-Q400 aircraft on lease

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Biman Bangladesh Airlines on Tuesday signed an agreement with Smart Aviation, Egypt to take two Dash8-Q400 aircraft on lease, aiming to improve the national carrier’s domestic flight network.

The disclosure has been made through a press release on Wednesday saying the aircraft will be taken into the Biman fleet under a five-year agreement on a dry lease basis. The aircraft will be operated by Biman flight and cabin crew.

Biman’s Managing Director and CEO Kyle Haywood and Smart Aviation Chairman and CEO Wael El-Maadawy inked the deal on behalf of their respective companies.

The aircraft, each of single-class seat configuration with 74 seats, will arrive here late March and enter into commercial services shortly after.

With the acquisition of the two Dash8-Q400s, the number of aircraft in Biman fleet now stands at 12 -- four Boeing 777 300ERs, two Airbus A 310s, two Boeing 777 200ERs, two Boeing 737 800s and two Dash 8-Q400s, te release said.
 
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Majority of Padma Bridge materials is being sourced locally and technical construction work is being conducted by local contractor Abdul Monem Limited. This is a humongous feather in their cap after numerous projects locally and in the Middle East. here is their planned new Headquarters in render.

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The construction consultant for the project will be China Zhongtie Major Bridge Engg. Corp. (MBEC for short). This will be their fifth large construction project in Bangladesh. They beat out Daelim - L&T JV and other firms in the bidding. The Chinese government-owned company has constructed structures like the famous 36 km Hangzhou Bay Bridge, the longest sea-crossing bridge in the world.

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Younger Dhaka entrepreneurs talk about their tech startups and the VC/Angel Investor scene in Dhaka

Warning: Long Video, 51 minutes.

 
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An old video on Nobel Laureate Amartya Sen's visit to 'Channel i' where he expounded on a few facts about Bangladesh and Indian economies (i.e. things Bangladesh and Indian economies need to do better on).

AMARTYA SEN was born on 3rd November 1933 in West Bengal's Santiniketan, is an Indian economist and a Nobel Laureate. His ancestral home was in Wari in South Dhaka. His father Ashutosh Sen was a Professor of Chemistry at Dhaka University. Sen's mother Amita Sen and his father, both were born in Manikganj district of Bangladesh.

I feel lucky that Amartya Sen is still among us and sharing his wisdom with us. Allah bless Sen Babu's soul.

Hosted by our own Shykh Seraj - Amartya drops a few striking nuggets of wisdom about India such as,

- India could earn Rs. 50,000 crores yearly by taxing the import of Diamonds or Gold but doesn't
- India could spend Rs. 27,000 crores out of that Rs. 50k crore to upgrade food security but doesn't
- The rate of immunization (DPT) in India is 66% vs. 90% in Bangladesh.
- India has some of the best world class universities but one third of children in India simply don't go to school.
- The standard of education among Indian 5th graders is so low that they don't know how to divide by five
- The result is that the gap between Rich and Poor in India is developing into a yawning divide.
- These short-sighted economics policies do come back to bite later so Bangladesh should remain on track

Of course these Indian policy gaps are being mentioned here so we Bangladeshis could learn a lesson from this - how not to ignore govt. and NGO planning for education (esp. for girls), sanitation, nutrition issues etc. I mean no offense toward Indians as a group. Please do not view this with nationalistic agenda. Bangladesh has so many things wrong as well it would not fit in this whole forum if we started to describe them.

 
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Made with pride in Bangladesh

Western Marine recently completed OHSAS 18001, the world’s most reputable occupational health and safety management standard. It is presently certified to ISO 14001 standard for environmental management. This is quite unprecedented for most shipyards in South Asia.

Western Marine builds are progressing fast. Their latest is the ultramodern SOLAS vessel for the New Zealand Ministry of Foreign Affairs & Trade. In the back ground one of the 176 TEU Inland container vessel hulls can be seen.

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Another earlier view of the NZ SOLAS project inside the assembly hall. Actual CAD view in inset. Built in a record four months and almost completed.

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CAD view of 176 TEU Inland container vessel (Trans-shipment from CTG to Dhaka Pangaon Container Terminal).

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World's NO.1 Hi-Tech Ferry (ISEFJORD) MADE WITH PRIDE IN BANGLADESH. Noted for advanced propulsion system with FADEC controlled rotatable propulsion units.

Image copyright Ole Petersen
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Propulsion & Steering System:
Maker: Schottel
Model: STP 0330 FP
Steering Type: SCHOTTEL SST 602
Number: Two (aft & forward)
Upper and lower gear box type: SCHOTTEL CYCLO-PALLOID-TYPE GEAR DIAMETER
Gear ratio: 4.042:1
Shafting Arrangement on each propulsion: 2 X Carden Shaft,1x Solid Intermediate Shaft,1x Elastic Coupling
Shafting Length: 4000 Mm (each propulsion)

Class Notation:
I +HULL + MACH
RO-RO PASSENGER SHIP
COASTAL AREA
+AUT-UMS, ICE CLASS 1D
Other important environmental and international regulations complied as per Danish Maritime Authority.
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Last year's last project was the Aluminum Catamaran Ferry for Tanzania as seen being loaded here on CTG port.

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Kandari 11 - a large tug (Bollard Pull 60 tonnes) was built last year for Chittagong port trust.

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Last year (August) a team from National Defence College in India visited Western Marine.
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Government okays Chinese contractors for National Data Center - to be World’s fifth largest of its kind.

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The proposal for the center equipped with latest information technology was cleared on Wednesday by the Cabinet Committee on Government Purchase.

Finance Minister Abul Maal Abdul Muhith headed the meeting at Secretariat.

The proposal to task ZTE Holding Company Limited and ZTE Corporation was placed at the meeting by Information and Communication Technology Division, Cabinet Division’s Joint Secretary Mostafizur Rahman said.

The project of the four-tier Data Center to be built on 20 acres of land is being funded by the Chinese Exim Bank.

State minister for ICT Zunaid Ahmed Palak recently claimed at an event that the center will be the world’s fifth largest Data Center and the government is expecting to start work on this project within this year.

'Dizzy-tal Bangladesh here we come' :yay:

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CHITTAGONG: The Bangladesh Government has approved primary registration to the 1st-ever domestic-built self-propelled liquefied petroleum gas (LPG) carrying barge recently.

Radiant Shipyard Limited, a subsidiary of Radiant Marine Design and Services Limited, built the LPG tanker dubbed as “MT Omera Princess’ for Omera Petroleum limited, a sister concern of MJL (Mobil Jamuna Lubricants) Bangladesh Limited, at a shipyard in Rupganj of Narayanganj.

MMD’s Principal Officer Shafiqul Islam told banglanews that through building of the 1st-ever LPG carrier in Bangladesh, the country’s shipbuilding industry moved one step ahead.

The ship, 3.50 meter deep shallow water draft, has 58.60 meter in length and 10.20 meter in width and the capacity to carry 300 metric tonnes of LPG, Shafiqul added.

The Bangladesh national flag carrying vessel will ship and discharge LPG in bulk to LPG filling plants across the country.
 
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Korean Export Processing Zone, Anwara, CTG. which will house only Korean companies. Such EPZ's are under the pipeline for Chinese and Japanese companies as well.

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Dhaka MRT Soil Testing Phase almost complete
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Fast track body set to okay metro rail basic design
Munima Sultana


The basic design of the capital's metro rail project is expected to get approval of the fast track monitoring committee meeting today (Wednesday), paving the way for its speedy implementation.

Officials said the Dhaka Mass Rapid Transport Development (DMRTD) project received the basic design from its consultant on December 28.

After its review, they said, the design is going to be placed in the meeting of the 'monitoring fast track project committee', headed by Prime Minister Sheikh Hasina, for its approval.

Officials said based on the design, the general consultant of the project will work on detailed design of the metro rail in next six months.

The Mass Rapid Transit Line-6 (MRT-6), known as metro rail, has been planned to be introduced in the city's busiest Uttara-Motijheel corridor providing 24 sets of trains.

A study says, 60,000 passengers will be able to cross the 20.5 kilometre corridor in almost half an hour.

Project Director Mofazzel Hossain said progress of the MRT line-6 project is satisfactory.

He said since it has been taken as the fast track project, technical parts of its implementation has been sped up.

After the last year's January 5 election, the government formed the monitoring committee on fast track projects comprising six mega projects - MRT line-6 project, Padma Bridge project, Rooppur nuclear power plant project, deep sea project, LNG terminal construction and Rampal coal- fired power plant project - to implement those on priority basis.

Sources said the task force committee of the first track monitoring committee recommended the Matarbari power plant project, which is also to be placed at Wednesday's meeting for approval.

The committee held three meetings since its inception while the task force held four meetings when different directives were given to the concerned authorities to speed up the process of implementation.

The DMRTD project's major hurdle in getting 22 hectares of land from the Rajdhani Unnayan Kartipakhya (RAJUK) for setting up MRT depot in Uttara has been solved after intervention of the fast track monitoring committee.

Officials said the DMRTD has already received the depot land and handed over Tk 2.43 billion for land acquisition to the RAJUK as per the decision of the committee.

They said, like other six projects, the DMRTD will also share the progress of the MRT design and schedule of the tender for the Tk 220 billion project beginning this month.
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Dhaka's first metro line will be designed by John McAslan + Partners

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British architecture firm John McAslan + Partners has won an international competition to design a new metro line for Dhaka, which will stretch 12 miles across the city.
John McAslan + Partners will design sixteen elevated stations for the over-head line, which is part of a $3 billion (£2 billion) project to improve infrastructure in Dhaka, Bangladesh.

The Dhaka metro line will form a commuter link between the capital's residential district in the north of the city and the business centre in the south.

Hiro Aso, director of infrastructure at John McAslan + Partners, said the scheme would produce "a significant new infrastructure system for Dhaka."

Plans for the metro line show elevated train tracks supported on a series of piloti.

White perforated canopies arch over the tracks to let trains pass through the middle and provide cover for the station platforms.

The canopies are perforated with a geometric pattern reminiscent of Islamic tile designs that allows sunlight to pass through the tunnel-like structures to illuminate the platforms below. An irregular bowed framework supports the cut-out roof.

White elevator shafts and stairwells connect the station platforms to the ground.

The project, which also includes the design for a train depot, is part of a larger development scheme proposed by the Dhaka Mass Transit Company that aims to address growing traffic congestion and air pollution issues.

"The line will form connections between areas of Dhaka in support of the wider urban strategy of decentralisation of urban activities and population from the centre to satellite communities," said a statement from John McAslan + Partners.

The Dhaka metro line will be completed in three stages with all stations operational by 2022, and is forecast to serve over 500,000 passengers daily by 2025.

The studio will work in collaboration with local architecture firms to integrate the new stations into the urban setting.

John McAslan + Partners has worked on a number of infrastructure projects, including the Anand Vihar transport hub in New Delhi and the redevelopment of Kings Cross station in London.
 
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Padma Multipurpose Bridge under construction by local firm Abdul Monem Limited. The two-level steel truss bridge will carry a four-lane highway on the upper level and a single track railway on a lower level. The project will include 6.15 km long and 18.10 m wide bridge, 15.1 km of approach roads, toll plazas and service areas.

The German technology used in piling for this bridge is unprecedented in the whole region.

And a more in-depth look by a local TV channel (sorry only in Bangla)
 
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