Energy Bangla

Bangladesh has been listed in the Guinness World Record for singing the national anthem by the largest number of people together in Dhaka on March 26. The Guinness World Record made the announcement on its official website on 9th april afternoon. The website said, “The most people singing a national anthem simultaneously is 254,537 and was achieved by the Ministry of Cultural Affairs, Government of the Peoples’ Republic of Bangladesh... »

DHAKA, BANGLADESH (6 April 2014) — The Asian Development Bank (ADB) and the Government of Bangladesh today signed an agreement for $110 million in loans to support private sector infrastructure projects in Bangladesh, including in renewable energy. The assistance will support the Second Public–Private Infrastructure Development Facility established under the state-owned Infrastructure Development Company Ltd. (IDCOL). The World Bank and the Japan International Cooperation Agency will cofinance the project with... »

DHAKA, BANGLADESH (25 March 2014) – The Asian Development Bank (ADB) and the Government of Bangladesh today signed a grant agreement of $2 million to develop innovative new crop insurance products that will give small-holder farmers in Bangladesh income protection from increasingly severe storms and natural disasters. The Government of Japan is providing the grant through the Japan Fund for Poverty Reduction. ADB will administer the fund, and provide technical... »

Bangladesh today made a new world record singing its national anthem by 2,54,681 people in chorus on the National Parade ground in the capital Dhaka this morning. To join this great occasion, people from all walks of life thronged the National Parade Ground to be a part of the event ‘Lakho Konthe Sonar Bangla’. At 11:20am, the entire parade square was pulsated with the sonorous rendition of the anthem ‘Amar... »

A high level Indian delegation led by Mr. Arvind Mehta, Joint Secretary, Foreign Trade (South Asia), Department of Commerce, Government of India will hold two days of talks beginning 12th March, 2014 in Dhaka with their counterparts, from Bangladesh led by Mr. Md. Shahabuddin Patwary, Joint Secretary, Ministry of Commerce. The talks in Dhaka are the 9th round of the Joint Working Group (JWG) on Trade established under the framework... »

Dhaka, Mar 5: Leaders of two left leaning parties – Communist Party of Bangladesh (CPB) and Bangladesher Samajtantrik Dal (BSD) Wednesday alleged that Sheikh Hasina-led Aawmi League government has breached its own commitment through initiating move to raise electricity tariff.   CPB president Muzahidul Islam Selim said the Awami League government had made a commitment that they would start bringing down electricity tariff from 2014.   “But instead, now they... »

DHAKA, February 23, 2014 – Professional Engineers and experts in a workshop here today underlined the need for following the Bangladesh National Building Code (BNBC) strictly to make all establishments earthquake resistant. The workshop “Retrofitting of Vulnerable Buildings & Quality Construction of Buildings for Safer Cities” was organized by “The project for Capacity Development on Natural Disaster Resistant Techniques of Construction and Retrofitting for Public Buildings (CNCRP)” in cooperation with... »

Subdued external and domestic demand will slow industry sector growth in FY2014. The performance of export and domestic market-oriented industries was affected by demand and supply disruptions in the lead up to the national election. The Quarterly Economic Update (QEU) is prepared by the Economics Unit of the Bangladesh Resident Mission, Asian Development Bank (ADB). The QEU is published in March, June, September and December. Wednesday ADB published that report.... »

The Asian Development Bank (ADB) has awarded three of its best performing project teams in Bangladesh as part of its efforts to promote efficient project implementation. Stefan Ekelund, officer-in-charge for ADB’s Bangladesh Resident Mission, presented the awards to the winning teams at a ceremony Wednesday in the capital. Senior government officials, project directors of ADB-assisted projects, members of the winning project teams, and ADB staff attended the ceremony, said a... »

The Unnayan Onneshan, an independent multidisciplinary think-tank, in its current issue of the Bangladesh Economic Update on Monetary Policy Statement (MPS) states that the falling private sector credit growth will continue to suppress investment demand, resulting in decline in rate growth in gross domestic product (GDP). Moreover, the think tank observes that reduction in investment and growth for the successive three years from those of the preceding ones, on the... »