July 09, 2006

Textile Outsourcing in Bangladesh

Bangladesh has bagged the outsourcing work on textiles from Pakistan. Pakistan is known for its textile industry and exports from the country is increasing day-on-day.

Textile owners from Pakistan have eyed Bangladesh for its lower labour costs and government tax incentives. Makers of bed linens, readymade garments and knitwear have begun shifting operations to areas around Dhaka.

For details please visit http://www.blogsource.org/2006/02/bangladesh_lure.html

More links on Bangladesh Garments http://www.bgmea.com/

March 26, 2006

Bangladesh: The land of happiness

Lesson in happiness from the poor of Bangladesh - Sarah Freeman

Money may make the world go round but, according to new research, a richman's world is not a fun place to be. Sarah Freeman reports.

It's the kind of research designed to make even the most altruistic of us feel uncomfortable. While here in Britain we have been channelling our energy into votingthe likes of Sharon Osbourne, Jordan and Kate Moss into the top 10 ofcelebrity mums, speculating on who's next likely to be voted off The Apprentice and wondering whether we'll ever have enough time in the day to transfer our CD collections on to an iPod, the materialistic world we live in has suddenly been given a nasty shock. The people apparently so bent on bursting our bubble of comfortable existence are researchers from the University of Bath, who after months of studies, revealed that while the Western world has spent decades and incalculable amounts of time and energy developing the latest gadgets, building the very best in luxury spas and aspiring to fame, fortune and world domination, the secret to real happiness is actually being kept alive in one of the poorest countries in the world.

Apparently, eight out of 10 people in Bangladesh - a country where almost half the population lives on less than $1 a day - describe themselves as happy, 79 per cent of all social and economic groups there claim they are content with their lives, and a further 38 per cent went all out by describing themselves as "very happy".

Of course, having all the choices of Western consumer society inevitably brings deliberation and worry, and if you have no reason to spend hours debating whether a laptop is better than a PC, or defending subscribing to Sky TV as a necessity rather than a luxury, it's perhaps no surprise that the path to happiness is an easier route to navigate. But what the people of Bangladesh seem to have clung on to is that while you can aspire to pretty much anything, the reality is that if your family set-up is troubled, no amount of money or material possessions can compensate. The love of a good man or woman is not, it seems, only priceless, but it is also recompense for even the most apparently arduous of situations. "Some of the older people we spoke to strongly valued close and harmonious relationships with family members, to the extent that they even enabled them to ignore physical hardship," says Dr Allister McGregor, director of the research project. "Even though at times they don't get enough food to eat, these people were still happy because they have good relationships with the rest of their family. "What it showed is that we need a view of poverty that is more than just about income. Income is important but other aspects are also importantin producing a good quality of life. People are not happy just because they have a good income, they are trying to achieve something more than just material wealth. "Researchers from the University's Wellbeing in Developing Countries(WeD) project questioned 1,000 households in four rural areas and afurther 500 in two urban areas. And on finding higher levels of happiness in Bangladesh than those found in many developed countries, with considerably larger average incomes, the accepted equation that money equals a better standard of lifestyle and therefore greater contentment with the world may have to go back tothe drawing board. The vast majority of the Bangladeshis who took part in the questionnaire cited family and community life as a key factor in determining theirsense of happiness, and older women valued being treated affectionately by their sons and daughter-in-laws as much as receiving financial support, while older men gained satisfaction from participating in and influencing community affairs. Clearly there is a cultural divide. In Britain, there has been much talk of the long-term effects of amilynest, holding on with both hands to the years when mum will do the washing and have a hot meal ready for them at the end of the day. However, the family unit appears to have greater longevity in Bangladesh, with young men admitting living with their family "made themfeel happy", and their wives citing pleasing their husbands and their mother and father-in-law as key factors in their quality of life.

The research team, who have been studying the densely-populated country as part of a five-year project, said the results demonstrated a need to rethink the traditional approaches to tackling poverty, which tend to befocused on increasing individual wealth rather than on the community asa whole. "There have been what are known as micro-finance schemes launched in Bangladesh - where money is loaned to women, who are judged as the morereliable source of repayment," adds Dr McGregor. "But while the intentions have been good, they have also led totensions, divorce and even domestic violence. "The beneficiaries of economic growth in Bangladesh and India now live in big houses, fenced-off with barbed wire and patrolled by security guards. "While no-one is advocating we give away our hard-earned possessions and swap the latest spring fashions for sack cloth and ashes, as the financial year comes to an end, the research is a timely reminder if nothing else that money can't buy you love, and it certainly can't be exchanged for happiness.

sarah.freeman@ypn.co.uk24 March 2006

March 18, 2006

Bangladeshi Companies in CeBIT

Bangladeshi companies are showing their potentiality and competency in CeBIT 2006, at Hannover, Germany. CeBIT is called the greatest ICT showdown on earth regarding new and future technology. Seven Bangladeshi organizations are available in this CeBIT showing Bangladesh as a strong and highly capable place of ICT outsourching and offshore business. Comapanies and their contact emails are as follows-

1. Export Promotion Bureau Bangladesh. email: epd.bd@aitlbd.net
2. Daud Information Technology Ltd. email: info@dauditl.com
3. DOHATEC NEW MEDIA . email: dohatec@bol-online.com
4. Fornix Soft Ltd. email: info@fornix-soft.com
5. LeadSoft Bangladesh Ltd. email: papias@leads-bd.com
6. REVE Systems. email: info@revesoft.com
7. Visual Soft Ltd. email: vsoft@bol-online.com

"Bangladeshi companies are really doing well in the global competitive exhibition"- said Luna Samsuddoha, Head of Dohatech new media. Dohatec is a successful outsourcing company headed by Bangladeshi woman. She is very confident to see the success of Bangladesh in ICT sector.

Details of CeBIT is available at www.cebit.de.
Posted after return from CeBIT, Hannover, Germany.

March 15, 2006

Bangladesh: The 31st Richest Country (Looking otherway around)

This is a list of countries of the world sorted by their Gross domestic product (GDP), the value of all final goods and services produced within a nation in a given year. GDP dollar estimates here are derived from purchasing power parity (PPP) calculations.

Interestingly, Bangladesh ranked 32 in each of the individual ranking done by World Bank, IMF and CIA. Below is the combined list.

Rank - Country - 2005 GDP (PPP)millions of International dollars

0 - World - 59,559,770
1 - United States - 12,332,296
0 - European Union - 12,329,110
2 - People's Republic of China
3 - Japan - 4,009,327
4 - India - 3,602,894
5 - Germany - 2,498,471
6 - United Kingdom - 1,825,837
7 - France - 1,811,561
8 - Italy - 1,694,706
9 - Russia - 1,585,478
10 - Brazil - 1,552,542
11 - Canada - 1,111,846
12 - South Korea - 1,099,066
13 - Mexico - 1,064,889
14 - Spain - 1,026,340
15 - Indonesia - 863,654
16 - Australia - 638,713
17 - Republic of China (Taiwan) 629,858
18 - Turkey - 570,748
19 - Iran - 560,348
20 - Thailand - 559,489
21 - South Africa - 532,011
22 - Argentina - 516,951
23 - Poland - 512,890
24 - Netherlands - 498,703
25 - Philippines - 409,445
26 - Pakistan - 392,526
27 - Ukraine - 339,676
28 - Saudi Arabia - 337,268
29 - Colombia - 336,808
30 - Belgium - 324,299
31 - Bangladesh - 303,655
32 - Egypt - 302,803
... ... ...

191 - Nauru 60*
192 - Tuvalu 12.2*

[Full list]

Source:
1. International Monetary Fund, World Economic Outlook Database, April 2005.
2. The world factbook, United States Central Intelligence Agency (CIA), May 2005.
3. The World Bank.

March 10, 2006

Energy from Coastal Wind in Bangladesh

Bangladesh is one of the lowest energy consumed and densely populated country in the world. Only around 32% of total population is getting electricity and mostly covers the urban areas. But almost 76% of population is living in rural areas. Year by year energy demand is increasing. In rural areas above 75% of energy comes from Biomass. Natural gas is the only available sources of conventional energy for electricity production in Bangladesh which will be depleted within 15 years. World is now running for alternative sources of energy like solar, wind, tidal, micro-hydro. Also these are now must for sustainable environment by reducing the global warming.
Recent study and analysis on solar and wind energy assessment in Bangladesh show that in the coastal areas few Inlands and Islands should have fairly wind potentiality. It is to be mentioned that till now in the coastal and remote areas less then 3% of population are enjoying grid electricity. So far solar home system in Bangladesh is playing an important role both to meet the minimum energy demand and economic development in rural and remote areas. Now it’s time to think for wind……. (more)

March 06, 2006

Bangladesh : Contribution to The Ancient Civilisation

Being situated in the extreme east of India, Bengal served as the connecting land link between the sub-continent, Burma, South China and the Malay Peninsula and Indo-China. Bengal not only acted as intermediary in trade and commerce but also played an important role in the cultural association between the diverse civilizations of South East and Eastern Asia.
This region, as a distinguished historian observed, "played an important part in the great cultural association between the diverse civilizations of Eastern and South Eastern Asia which forms such a distinguished feature in the history of this great continent for nearly one thousand and five hundred years."
Tradition has it that Sri Lanka was colonized by a Bengalee Prince Vijayasingha who established the first political organization in that island. Gadadhara, another Bengalee, founded a kingdom in the Madras state in South India. An inscription in the Malay Peninsula of the fourth or fifth century A.D. records the gift of a great captain Buddhagupta, who was probably Bengali. It is also said that it was a Bengali prince, Vijaya, the Pala period.
Bangladesh region also played a seminal role in disseminating her beliefs, art and architecture in the wider world of Asia. The Bengali missionaries preached Mahayana Buddhism in the Indonesian archipelago. Kumaraghosha, the royal preceptor of the Sailendra emperors of Java, Sumatra and Malaya peninsula, was born in Gauda. The Bengali scholar Santirakshit was one of the founders of the Buddhist monastic order in Tibet. The great Buddhist sage Dipankara Srijnana, also known as Atish ( 10th-l1th century) reformed the monastic order in Tibet. The Bengalee scholars Shilabhadra, Chandragomin, Abhayakaragupta, Jetari and Jnanasrimitra were venerated as great theologians in the Buddhist world. Ancient Bangladesh also witnessed the flowering of temple, stupa and monastic architecture as well as Buddhist art and sculpture. There was discernible influence of the Pala art of Bengal on Javanese art. There was a close affinity between the scripts used on certain Javanese sculptures and proto-Bengali alphabet. A group of temples in Burma were built on the model of Bangladeshi temples. The architecture and iconographic ideas of Bengal inspired architects, sculptors and artists in Cambodia and the Indonesian archipelago. The influence of Pala art in Bengal could be easily traced in Nepalese and Tibetan paintings, as well as in Tang Art of China.
Source:
  • International Information Systems, University of Texas, Austin.
  • "A Thousand Year Old Bengali Mystic Poetry" - Hasna Jasimuddin Moudud
  • The world Factbook by CIA, USA.

March 03, 2006

Software Offshore and Outsourcing Business in Bangladesh- I

Jaxara
Daniel (Danny) K. Boice is president and chief executive officer of Jaxara the next generation of offshore software development. Jaxara had revenues of US$2.5 million for the fiscal year ending January 2006, and employs more than 50 people in 5 countries and regions.

Boice has managed the planning and setup of offshore software development, user interface development, quality assurance and testing centers in Dhaka, Bangadesh. Read more http://www.jaxara.com/ and http://www.sologig.com/employer/profiles/view.php?id=152592

M & H Informatics
M&H Informatics is in its twelfth year of providing premium Information Technology solutions and services, focussing on project execution, IT consulting, software engineering, and project management.

M&H Informatics AG officially opens the doors of its offshore development site in Bangladesh today, October 1st, 2004. The M&H Informatics Bangladesh offices are located in NOOR Tower in the city center of Dhaka, Bangladesh, and employs 15 new associates, all with university degrees in computer science and profound international experience in application development, project- and quality-management in their previous career steps. More on this Press Release

To be continued...( more companies with success stories)

March 01, 2006

Music of Bangladesh - Lalon, Baul, Nazrul, Tagore and Dance

Bangladesh is traditionally very rich in its musical heritage. From the ancient times, music documented the lives of the people. The store of folk song abounds in spiritual lyrics of Lalan Shah, Hasan Raja, Romesh Shill and many anonymous lyricists. Bangla music arena is enriched with Jari, Shari, Bhatiali, Murshidi and other types of folk songs. Rabindra Sangeet and Nazrul Sangeet are Bangalees' precious heritage. Modern music is also practiced widely. Contemporary patterns have more inclinations to west. Pop song and band groups are also coming up mainly in Dhaka City.

Classical forms of the sub-continent predominate in Bangladeshi dance. The folk, tribal and Middle Eastern traits are also common. Among the tribal dances, particularly popular are Monipuri and Santal.

Bangladesh is known for its individual music style in the region like Gomvhira in Chapainawabganj.
Ref:
Web Encyclopedia
Saarc Tourism
Unesco Portal

February 26, 2006

Positive Bangladesh: In Social Development

The relatively rapid progress of social development at a low-income level is indicated in the table below, by the comparison of predicted (for a given level of per capita income) with the actual values of social indicators achieved by the country. Compared with the predicted values, the actual values recorded have been lower for birth growth, infant mortality rate, under five mortality rate, total fertility rate, higher for the contraceptive prevalence rate and life expectancy at birth for both male and female. Review of actual progress of social indicators against their respective predicted values for the 42 LDCs suggest that Bangladesh and Sao Tome Principe are the only two countries where actual progress in all of the nine indicators was better than their predicted values.

Table: Social Development in Bangladesh: Predicted vs. Actual Values

Social Indicators---------------------------Predicted--Actual--Sample Countries
1. Population growth Rate (annual percent)------------1.897----1.740----------181
2. Total Fertility Rate (births per women)--------------4.230----2.950---------180
3. Infant Mortality Rate (per 1000 live births)----------76.580---48.000------175
4. Under Five Mortality Rate (per 1000 live births)----115.80----73.00--------175
5. Life Expectancy at Birth (Female)-----------------57.500----62.700-------177
6. Life Expectancy at Birth (Male)--------------------54.130----61.500--------177
7. Contraceptive Prevalence Rate (aged 15-49)------33.300----53.800--------61

Source: World Bank, 2006

Breakthrough – Bangladeshi Scientist ……….

Bangladeshi scientist has won the prestigious TWAS award 2005

The Academy of Sciences for the Developing World has announced its 2005 award. Dr. Shah M. Faruque of ICDDR,B has won the prize in Medical Science: for his contributions to the understanding of natural phenomena associated with cholera epidemics. His research focuses on the use of advanced molecular biology techniques to address significantly to the understanding of the molecular epidemiology of such diseases of cholera.

For more: TWAS Medical News Today ICDDR,B

Garlic-laced crops ward off insects:

Insects dislike the smell of garlic as much as human beings do, according to a Bangladeshi scientist who has used it to develop an environment-friendly alternative to pesticide. "The garlic tablet is a bio-pesticide and is effecting a revolution by avoiding chemical pesticides for control of pathogens and insects," Bahadur Meah, head of the Integrated Pest Management Laboratory, said.

More info: World Scientist ABC News

February 23, 2006

Britain's Favorite Dish Is Chicken Tikka Masala
Bangladeshi Tommy miah honoured as 'curry king'

Today his “Raj” restaurant in the Scottish capital Edinburgh has achieved worldwide fame.
Queen Elizabeth II wrote the foreword to his latest book, a move described by Buckingham Palace as the queen’s first and last celebrity endorsement.

Miah also bagged a place in the Guinness Book of Records for cooking the world’s biggest curry, while his International Indian Chef of the Year competition is now in its 14th year.

Today, the majority (around 80%) of Britain’s “Indian” restaurants are actually run by Bangladeshis.

February 21, 2006

“Languages and cyberspace”

International Mother Language Day (21 February 2006)

Linguistic and cultural diversity represent universal values that strengthen the unity and cohesion of societies. The recognition of the importance of linguistic diversity led to UNESCO ’s decision to celebrate International Mother Language Day.

The world's nearly 6,000 languages will be celebrated on International Mother Language Day, an event aimed at promoting linguistic diversity and multilingual education.

The decision to observe 21st February as the International Mother Language Day was unanimously taken at the 30th General Conference of the UNESCO held on November 17, 1999.

Bangladesh officially sent a proposal to UNESCO requesting the world body to adopt a Resolution declaring 21st February as International Mother Language Day. The Language Division of UNESCO marked the proposal from the Government of Bangladesh as the Draft Resolution -35 and sent the same to Commission-2 for consideration. The Commission unanimously recommended the proposal for presentation at the Plenary Session of the General Conference of the UNESCO.

It is a great achievement on the part of Bangladesh. Probably nothing equally great has been achieved after the Independence war. The International Mother Language Day is not only for Bangladesh, rather it is for all speakers of all languages all over the world. In spite of that, Bangladesh cannot but feel proud when 21st February has been chosen as the International Mother Language Day.

For more;

Bangladesh UNESCO UN

February 19, 2006

Bangladesh and ICT




Investment in the IT sector in Bangladesh can be highly lucrative:

  • thousands of students graduate every year from more than 20 goverment and non-goverment unversities in Computer Science & Engineering and Mechanical Engineering
  • IT solution service is of lower cost than other IT outsourcing countries like India or China
  • IT/ICT sector is declared the most promising development sector by the government
  • entering the information superhighway in the last quarter of 2005 through fiber optic submarine cable
  • going through mobile communication revolution

Source: bjit

February 18, 2006

Tourism of Bangladesh

Bangladesh as a vacation land has many facets. Her tourist attractions include archaeological sites, historic mosques and monuments, resorts, beaches, picnic spots, forest, colorful tribal life and wildlife. Bangladesh offers opportunities for angling, water-skiing, river cruising, hiking, rowing, surfing, yachting and sea bathing as well as bringing one in close touch with Mother Nature. She is also rich in wildlife and game birds.

For more.. please have a look--
Bangladesh Tourism Discovery Bangladesh Online Bangladesh

February 16, 2006

Bangladesh - The Travel Attraction

Let's see what lonely planet says about Bangladesh travel attractions.

"Bangladesh: Discover how special this country is before the tourist hordes catch on.
Visit archaeological sites dating back over 2000 years, check out the longest beach and the largest littoral mangrove forest in the world, and see the decaying mansions of 19th-century maharajas".

see lonely planet site

February 15, 2006

Solar Energy Technology in Bangladesh – Why?

According to a World Bank funded market survey, there is an existing market size of 0.5 million households for Solar Home Systems (SHS) on a fee-for-service basis in the off-grid areas of Bangladesh. This assessment is based on 1998 expenditure levels on fuel for lighting and battery charging being substituted by SHS. Also it has been observed that in most developing countries, households typically spend not more than 5% of their income on lighting and use of small appliances. By this measure, about 4.8 million rural Bangladeshi households could pay for a solar home system. There is no solar resource constraint for the application of SHS as solar energy is abundant throughout the country.

At present the national grid is serving only 50% of the nearly 10,000 rural markets and commercial centers in rural areas of the country which are excellent markets for centralized mini solar photovoltaic plants. Currently private diesel genset operators are serving in most of the off-grid rural markets and it has been found that 82% of them are also interested in marketing SHS in surrounding areas if some sorts of favorable financing arrangements are available.

Therefore, in those rural areas which cannot be electrified by grid extensions; off grid centralized or single Solar Home Systems (SHS) may be provided for lighting 100,000 households through SHS by 2008 is quite feasible. 100,000 SHS would annually displace 18 million litres of kerosene. Since both, kerosene and diesel are imported in Bangladesh; any reduction in their consumption would help reducing foreign exchange outgo besides making the country that much more secure in terms of energy supply. Due to recent price hike for oil the cost of generation for PV and diesel generator are similar. For Rajshahi, it was found from RET-Screen analysis that for 100kW generation using PV cost is $0.19/kWh while for diesel generator it is $0.21/kWh.

Garment Apparel Sweaters export

Bangladesh - the country of world famous muslin fabric and the Great Royal Bengal Tiger has now emerged as an child labour free apparel giant in the world textile and apparel market. The country exports its apparel products worth nearly 5 billion US$ per year to the USA, EU, Canada and other countries of the world. At present the country is the 6th largest apparel supplier to the USA and EU countries. The major products are Knit and Woven Shirts and Blouses, Trousers, Skirts, Shorts, Jackets, Sweaters, Sportswears and many more casual and fashion apparels.

February 12, 2006

The Software Industry in Bangladesh and its Links to The Netherlands

Organizations such as KLM, Philips and Baan in The Netherlands have been collaborating with IT-suppliers in developing countries. Dutch software projects are now being executed in many nations, and especially in Asia. Some Dutch companies have chosen to outsource work to Bangladesh. This country has more than 200 software houses and data-entry centres and numerous computer shops. At present, there are around 20 - 30 Bangladeshi software developers with foreign clients, some of which are 100% export orientated.
Several years ago, software was identified by the government of Bangladesh as having important export potential. The total amount of software and IT-services exports is currently estimated at a maximum of $ 30 million per year. Dijkoraad-hawar, a medium sized IT company and Metatude, a start-up company are presented as Dutch case studies in this paper. Each organization has set up a software development centre in Dhaka, and has been satisfied with the results.

For more on this please see the link below
http://www.is.cityu.edu.hk/research/ejisdc/vol13/v13r5.pdf

One of the main advantages perceived by these users is the potential for significant reduction in project costs. Also, qualified candidates can be found in Bangladesh and cultural differences had no major impact.

Prospects in Bangladesh

Bangladesh has a tolerant culture and a set of energetic and efficient new generation engineers who are ready to enter into the job market locally or globally. There is a continuous inflow of hardworking and efficient workforce. Educated and motivated professionals have never failed to prove their worth and expertise, whenever the opportunity has come. In many technologically developed western countries, young and diligent professionals from Bangladesh have proven their competence, and potential in science, technology, and lately in the IT sector. Nationally coordinated move has made to tap the immense potential of IT sector. Promising youngsters would certainly be able to extend their professional services more effectively, at home and abroad salvaging the national economy from the scourge of poverty and unemployment. There exists a vast scope for improving foreign exchange earning simply by data transfer and software development.

February 09, 2006

---- MONEY FROM ENERGY ----

Energy availability and its proper utilization is the mail indicator of the socio-economic development, therefore the Government of Bangladesh has given continuing attention to the overall development of energy sector. It involved survey, exploration, exploitation and distribution of indigenous natural gas, survey and exploitation of other sources like hydropower, coal and peat, establishment of petroleum refining facility and distribution systems, and establishment of power generation plants and networks for transmission and distribution of electricity. Despite all these efforts per-capita consumption of commercial energy and generation of electricity in Bangladesh is one of the lowest among the developing countries, 115 kgoe and 144 kWh per year respectively (FY2003). Though Government of Bangladesh has declared its vision to provide electricity for all by the year 2020, access to electricity in Bangladesh is one of the lowest in the world; coverage today stands at around 32% of the total population. However the rural areas of Bangladesh, where 76% of the population lives, have an even lower coverage and are seriously deprived of the electricity facility.

In comparison to the 11666 GWh electricity generated annually, the Power System Master Plan (PSMP) projects a requirement of 24160 GWh in the year 2005. This implies an increase in peak demand from 2200 MW to 4600 MW by 2005 for which capacity addition of about 3350 MW is required by 2005. The total investment required to achieve such capacity enhancement, is Taka 176 billion or US$ 4.4 billion. The corresponding investment requirement for expansion & reinforcement of transmission and distribution system would be about US$ 2.2 billion, bringing the grand total to US$ 6.6 billion.

The likelihood of securing such a substantial volume of investment for power generation alone through the public sector is remote. Besides, competing demands on government resources and declining levels of external assistance from multilateral/bilateral donor agencies further constrain the potential for public investment in the power sector. Recognizing these trends, GOB amended its industrial policy (NEP – 2004) to enable private investment in the power sector. GOB also adopted the recommendations contained in the report on Power Sector Reforms, prepared by a high level Inter-Ministerial Working Group, for restructuring the power sector and promoting private sector participation in the generation of electricity in order to attain higher economic efficiency. The Government is strongly committed to attract private investment for installing new power generation capacity on a build-own-operate (BOO) basis.

Table: Primary commercial energy consumption by fuel (million tones oil equivalent)
Country Gas Oil Coal Hydro-electricity Nuclear Energy Total
Bangladesh 11.9 4.2 0.4 0.3 -- 16.6
World 2420.4 3767.1 2778.2 634.4 624.3 10224.4
(Source: BP Statistical Review of World Energy June 2005)

On the other hand, the share of Renewable Energy Technologies (RETs) in total electricity production is very low at this time although biomass resources supply around 67% of the total energy needs. The target proposed in the draft of Renewable Energy Policy, under consideration of the Government, is to generate power utilizing new renewable energy technologies to share 5% of total demand by 2010 and 10% by 2020.

In 1988, Bangladesh Atomic Energy Commission (BAEC) introduced the SPV system in a cyclone shelter for the first time in Bangladesh. Now micro-credit and micro utility financing systems are doing better to improve the quality of living condition of rural people. Almost around 70,000 SHS has been installed by now but it is still a very negligible amount, only 1.5% of rural peoples are electrified. Day by day the number of installed system is increasing very rapidly and different organizations are coming forward to fulfill the target set by the Government, 10% of total electricity from renewable energy by 2020.

Now it’s up to you ….. Think about …. Invest your money into Energy … and get ….. MONEY FROM ENERGY ….

February 05, 2006

Basic of Bangladesh

Bangladesh is a land of possibility. The main possible resource of the country is population. The main attractions of Bangldesh are-

  1. Very attractive human resource (8-15 times lower paid as compared with Europe and USA)
  2. Very nice and good weather
  3. Government support for foreign investor- like EPZ, Tax Holiday etc
  4. World famous tourist spot - Colorful tribal life, longest sea beach, centuries' old archeological sites, home of the Royal Bengal Tiger, largest tea gardens, interesting riverine life, etc.
  5. Renowened for the investment in Garments, Petroleum, IT etc.

Official Name

The People's Republic Of Bangladesh Location Latitude between 20 degree 34' and 26 degree 39' north.

Longitude

between 88 degree 00' and 92 degree 41' east.

Area: 144,000 sq. km.

limate Main seasons : Winter (Nov - Feb), Summer (Mar - Jun), Monsoon (Jul - Oct).

Temp :

Max 34 degree Celsius, Min 8 degree Celsius. Rainfall Lowest 47" and highest 136" Capital: Dhaka (Present area 414 sq. km. Master plan 777 sq.km.)

Population

Total estimated population 130 million. State Language Bangla. English is also widely spoken and understood Principal Crops Jute, rice, tobacco, tea, sugarcane, vegetables, potato, pulses, etc.

Important Fruits

Mango, banana, pineapple, jack-fruit, water-melon, green coconut, guava, licis, etc. Major Industries

Jute, sugar, paper, textiles, fertilizers, cigeratte, cement, steel, natural gas, oil-refinery, newsprint, power generation, rayon, matches, fishing and food processing, leather, soap, carpet, timber, ship-building, telephone, etc.

Sea Ports

Chittagong and Mongla Airports Zia international airport, Dhaka, Chittagong and Sylhet, domestic airports at Chittagong, Jessore, Sylhet, Cox's Bazar, Rajshahi and Saidpur Electricity 220 Volts A.C. in all cities and towns Tourist Seasons October to March Wearing Apparel Tropical in summer, and light-woolen in winter Currency The unit of currency is the Taka. Notes are in denominations of 1,2,5,10,20,50,100 and 500 Taka. Coins are 1,5,10,25,50 and 100 Paisa (100 Paisa = 1 Taka) 1 Dollar= around 61 taka.