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Dec 27, 2021 NEWSLETTER |
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Bangladesh has made a pledge to strive for peace, security and development to honour the sacrifice of the martyrs on the golden jubilee of its victory in the War of Independence from Pakistan. Administering an oath-taking programme on Victory Day, Honourable Prime Minister (HPM) Sheikh Hasina said that everyone should work their hardest for the love of their country and for the welfare of its residents in order to honour the sacrifice of those brave freedom fighters who fought and spilled their blood 50 years ago. Moreover, Honourable Indian President Ram Nath Kovind joined the venue to represent the neighbouring country that helped Bangladesh emerge victorious in the bloody war in 1971. |
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Bangladesh, Maldives ink three instruments 
Three instruments were signed and another one was renewed this week between Bangladesh and Maldives on health, dual taxation, youth and sports, elevating the bilateral relations to new height. The signing ceremony was held at the Maldives’ President's Office in Male on Thursday morning in presence HPM Sheikh Hasina and Honourable President of Maldives, Ibrahim Mohamed Solih after the bilateral talks between the two leaders. Moreover, Bangladesh has also gifted 13 military vehicles to the Maldives as a token of friendship between the two South Asian nations during the ceremony. |
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Bangladesh economy surges ahead in 50 years 
When Bangladesh emerged as a new country on the world map in 1971, many expressed doubts about its economic survival. But even the biggest detractors are now praising Bangladesh with leading economists terming Bangladesh’s achievements in 50 years are incredible. Under the able leadership of HPM Sheikh Hasina over the space of last twelve years, Bangladesh has emerged out as the fifth fastest growing country in the world. Bangladesh has registered remarkable 5.47% GDP growth in FY2021 respectively despite the crisis, backed by strong economic fundamentals, international trade base, resilience in absorbing economic shock, becoming the 3rd largest growth performing economy in 2020 as per the International Monetary Fund (IMF). |
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Bangladesh secures spectacular growth of forex reserves 
Bangladesh's foreign exchange reserves have now touched a new record of $48 billion from only a meagre $18 immediately after the independence of the country. The forex reserves have helped the country become a big economy in the World in 50 years. The country's forex reserves have recently reached a new record thanks to the upward trend of remittance, export earnings and foreign assistance. The increase in reserves helped develop different mega infrastructure projects like Padma Bridge as a financial support and it helped increase rating of the country across the world. |
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Bangladesh self-reliant in RMG accessories 
Once dependent on overseas players for accessories, Bangladesh is now self-sufficient in terms of accessories’ manufacturing, thereby providing ample support to the country’s apparel sector, the main foreign currency earner and lifeline to Bangladesh’s economy. According to media reports, the situation started improving after 1990 when local accessories’ makers started setting up factories to produce accessories even as businesspeople, reportedly, pumped in a large amount of money in the last 15 years, building garment accessories and packaging industry to help serve the burgeoning apparel sector. |
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Bangladesh rolls our booster shot, Covid infection rate drops below 1% 
Bangladesh started administering the Covid-19 booster dose to health workers on trial basis in capital Dhaka to fight off Covid-19. Since the outbreak of the pandemic, the government has taken an array of measures that resulted in a stable and consistent decline in positivity rate at 0.87% with the overall positivity rate stands at 14.05%. Owing to the prudent leadership of HPM Sheikh Hasina, the country managed to ensure massive vaccines from different sources with the mass vaccination drive crossed 100 million people. |
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Bangladesh attracts $21b investment proposals since Covid outbreak 
Bangladesh has received investment proposals totaling $21.17 billion since the coronavirus pandemic struck the world nearly two years ago. According to media reports, the proposals were received by the four investment promotion agencies between January 2020 and December 20 this year. In 2020, the Bida attracted $7.12 billion worth investment proposals. Of the sum, $4.85 billion came from local investors and $2.26 billion from foreign investors and the joint ventures set up by local and foreign investors. Proposals worth $6.85 billion came from local investors and $806.27 million from foreign investors and the joint ventures of local and foreign firms. |
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Ctg port’s container handling hits record high 
Chittagong port handled 31.15 lakh twenty-foot equivalent units (TEUs) of containers so far this year, the highest since it began dealing with containers in 1977, as the economy of Bangladesh is returning to normalcy at a faster clip. The premier seaport of the country handled these import, export and empty containers as the relevant authorities prepares the data by calculating the number of containers loaded and unloaded at the main jetties of the port, the Pangaon Inland Container Terminal in Keraniganj, and the Kamalapur Inland Container Depot (ICD) in Dhaka. |
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BANGLADESH AWAMI LEAGUE |
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