IRS |Institute of Regional Studies


Contemporary Regional Developments in Bangladesh

7th March - 13th March
  • Singapore, Bangladesh ink deals to boost economic relations: Bangladesh and Singapore signed four Memorandums of Understanding (MoUs) at the inaugural Bangladesh-Singapore Business Forum on Tuesday (Mar 13). One of them will see International Enterprise (IE) Singapore and the Bangladesh Investment Development Authority working together to facilitate the entry of Singapore companies, including SMEs, into Bangladesh. Another MoU will see both countries collaborate on developing and delivering capacity building programmes for public service officers, in support of the Digital Bangladesh Vision 2021 Programme. The agreement also aims to enhance and sustain the start-up ecosystem in Bangladesh. Another deal between the Singapore Manufacturing Federation (SMF) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) aims to open doors for Singapore companies going into Bangladesh, providing them with a source of business contacts in the country, as well as opportunities to collaborate with FBCCI members. The fourth MoU builds on a deal that was signed between the SMF and the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) in 1997. Under the deal, MCCI will facilitate Singapore companies to be connected to manufacturers and businesses in Dhaka.
    (Channel News Asia 13.3.2018)
  • Bangladeshi Passenger plane crashes, catches fire at Kathmandu airport
    (CNBC: 12.3.2018)
  • Like in India, the Chinese are taking over Bangladesh’s phone market, too: Chinese smartphone makers are winning everywhere. After having beaten Samsung in India, they are now sweeping through Bangladesh. Local brand Symphony’s sales declined 48% year-on-year and 37% quarter-over-quarter, latest International Data Corporation (IDC) data show. Though it still maintained its lead with a 29% share, its stronghold is weakening. During the same period, Shenzhen-based Transsion bagged the second spot with its sales rising by 14% between the third and fourth quarters of 2017. Samsung fell to the third position.
    (Quartz India, 13.3.2018)
28th February - 06th March
  • Popular science fiction writer Zafar Iqbal stabbed in Bangladesh
    Popular Bangladeshi science fiction writer and educationist Prof. Muhammad Zafar Iqbal was stabbed in northeastern Sylhet. The attacker stabbed Prof. Iqbal on his head from behind with a sharp weapon on the campus around 5:30 pm, the police said. The writer was attending a programme organised by Electronic and Electrical Engineering department of the Shahjalal University of Science and Technology when he was attacked. Prof.Iqbal, a teacher of the university, has been taken to Sylhet MAG Osmani Medical College Hospital for treatment. Though bleeding, he was still able to speak, a witness said.
    (The Hindu-03.03.2018)
  • Bangladesh to seek more Vietnamese investment
    Bangladeshi businesses will seek more investment from Vietnam during the visit of the Southeast Asian country's President Tran Dai Quang, who arrived in Dhaka yesterday. The bilateral trade volume is in favour of Vietnam, from where Bangladesh has been importing woven fabrics in bulk quantity since 2011 after the relaxation of the Rules of Origin by the EU for the least developed countries.
    (The Daily Star 05.03.2018)
  • Bangladesh's bad loan ratio higher than India, Nepal
    The high non-performing loan ratio remains a key concern for the banking sector, said a country paper on Bangladesh that was presented at a conference. Between 2014 and 2018, the NPL ratio has been hovering above the 10-percent mark, according to the paper titled “A Review of the Activities and Performance of the Banking Sector of Bangladesh”.
    (The Daily Star: 05.03.2018)