While the Election Commission has been slow to announce the results of Sunday's election, TV stations with networks of journalists across the country reported that the Awami League won 216 seats out of 299. Independent candidates took 52, while the Jatiya Party, the third largest in the country, took 11 seats. The results for the rest of the constituencies were still coming in late on Sunday night.
Bangladesh Prime Minister Sheikh Hasina exits and the army has taken control amid the ongoing violence and clashes
Bangladesh's Prime Minister Sheikh Hasina resigned on Monday, ending 15 years in energy as 1000's of protesters defied a army curfew and stormed her
She made this remark at a video call on Wednesday after a joint meeting at Dhanmondi office of Awami League
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Apparel/Garments Bangladesh PM says dollar crisis easing, exports trajectory stable 08 Feb '24 2 min read Pic: Adobe Stock Insights Sheikh Hasina admits Bangladesh faced severe dollar crisis worsened by COVID-19 pandemic and conflict in Ukraine, posing significant challenges. She affirmed the situation has markedly improved, enabling a more lenient stance on public expenditure. Despite global economic upheavals, PM emphasised Bangladesh's exports not severely impacted. In a session of the parliament recently, Prime Minister Sheikh Hasina addressed concerns regarding the nation's economic situation, stating that the recent dollar crisis has considerably alleviated, and Bangladesh's exports remain relatively stable amidst the global challenges.The Prime Minister's remarks came in response to a supplementary question posed by lawmaker Mujibul Huq Chunnu during the parliament's question hour.Sheikh Hasina acknowledged that Bangladesh had encountered a severe dollar crisis exacerbated by the COVID-19 pandemic and the conflict in Ukraine, leading to significant challenges for the nation.Sheikh Hasina admits Bangladesh faced severe dollar crisis worsened by COVID-19 pandemic and conflict in Ukraine, posing significant challenges. She affirmed the situation has markedly improved, enabling a more lenient stance on public expenditure. Despite global economic upheavals, PM emphasised Bangladesh's exports not severely impacted.However, she assured that the situation has improved notably, allowing for a more relaxed approach to public spending.The Prime Minister highlighted the government's proactive measures to address the crisis, particularly in monitoring the opening of Letters of Credit (LC).Previously, importers had faced issues with inflated prices during the importation process.To mitigate this, banks now rigorously scrutinise product prices using the Bloomberg index before approving LCs, ensuring fairer trade practices.Despite global economic upheavals, Sheikh Hasina emphasised that Bangladesh's exports have not been severely impacted. While some decline has been observed, primarily due to reduced consumption in importing countries grappling with inflation, the overall impact remained moderate, she claimed.In response to the challenges, the government has initiated various strategies to explore new export markets and diversify the export portfolio. Sheikh Hasina reiterated the administration’s commitment to fostering sustainable economic growth by tapping into emerging opportunities and adapting to evolving global trade dynamics.The Prime Minister's reassurance in parliament reflects the government's proactive stance in addressing economic challenges and its determination to steer Bangladesh's economy towards resilience and growth in the face of adversity. Fibre2Fashion News Desk (DR) More Apparel/Garments News - Bangladesh...
Prime Minister Sheikh Hasina on Wednesday said the Chittagong Port Authority's Patenga Container Terminal Project is a beacon of hope for Bangladesh's economic uplift. "This self-reliant modern terminal will enhance the capacity of our port, facilitate seamless trade, and create job opportunities and entrepreneurship," she said this while speaking at the Concession Agreement Signing Ceremony between Chittagong Port Authority and Saudi Arabia's Red Sea Gateway Terminal International (RSGTI) for operation of newly built 'Patenga Container Terminal (PCT)' on PPP-G2G basis. The signing cerem
They want a new interim government with Nobel Peace laureate Muhammad Yunus as its chief adviser.
In an interaction with ANI, Bangladesh PM Sheikh Hasina spoke about the burden of Rohingya crisis on Bangladesh and how
Bangladesh Prime Minister Sheikh Hasina has stepped down and departed from Dhaka due to violent clashes, according to a source close to the leader who
Textiles Bangladesh PM seeks foreign investment to graduate from LDC 13 Mar '23 1 min read Hon'ble Prime Minister of Bangladesh Sheikh Hasina. Pic: Bangladesh Business Summit 2023 Inaugurating the ‘Bangladesh Business Summit 2023’ in Dhaka recently, Prime Minister Sheikh Hasina urged global businessmen and investors to invest in the country to help smoothen its journey into a developed, prosperous and smart nation by 2041. The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) organised the summit, which ends today.The prime minister asked domestic business leaders to prepare from today to cash in on the advantages and face the challenges expected after Bangladesh graduates to a developing nation in 2026.The government has been giving topmost priority to improving the investment environment in the country to attract both domestic and foreign investment, she said.Bangladesh's PM Sheikh Hasina urged global businessmen and investors to invest in the country during Bangladesh Business Summit 2023. She emphasised the government's efforts to improve the investment environment in the country, and urged business leaders to prepare for challenges and advantages expected after Bangladesh graduates to a developing nation.BIDA is implementing the Bangladesh Investment Climate Improvement Programme, primarily to end bureaucratic red tape, she was quoted as saying by Bangladeshi media reports.FBCCI is celebrating its golden jubilee this year. The ministry of foreign affairs, the commerce ministry and the Bangladesh Investment Development Authority (BIDA) are partners in the summit.Ministers from seven countries, chief executive officers of 12 multinational companies and more than 200 foreign investors and business leaders from 17 countries are participating in the summit. Fibre2Fashion News Desk (DS) More Textiles News - Bangladesh...
Dhaka: Two new murder cases have been filed against Bangladesh's deposed prime minister Sheikh Hasina and her former cabinet ministers for the killing of three people, including two BNP activists, during the quota reform protests in the country, according to media reports. The cases, filed in Dhaka courts on Friday, were the latest in the
Textiles Bangladesh to target offshore gas to combat energy shortfall: PM 03 Mar '24 1 min read Pic: Adobe Stock Insights PM Sheikh Hasina commits to offshore gas extraction to tackle energy shortage. Stressed investment need during talks with ITFC CEO. Lauds past achievements in electricity provision. Salem praised Bangladesh's investment climate and loan repayment record. Meeting attended by key officials emphasised collaborative efforts for economic progress. Bangladesh Prime Minister Sheikh Hasina affirmed the government’s decision to pursue offshore gas extraction to alleviate energy shortages.Speaking at her Sangsad Bhaban office during a meeting with International Islamic Trade Finance Corporation (ITFC) CEO, Engineer Hani Salem, she emphasised the need for investment in this endeavour.Hasina highlighted the government’s achievements in providing electricity nationwide, tracing back to her first tenure in 1996 when power was opened to the private sector. She underscored the investment-friendly environment fostered by her administration and prioritised rural economic development and food production to generate employment opportunities.PM Sheikh Hasina commits to offshore gas extraction to tackle energy shortage. Stressed investment need during talks with ITFC CEO. Lauds past achievements in electricity provision. Salem praised Bangladesh's investment climate and loan repayment record. Meeting attended by key officials emphasised collaborative efforts for economic progress. Addressing concerns over inflation and ensuring citizen welfare, Hasina emphasised boosting production across all sectors even as ITFC CEO Engineer Hani Salem pledged comprehensive support for realising Sheikh Hasina's ‘Smart Bangladesh’ vision, intending to invest in infrastructure, ICT, debt management, energy, and climate change mitigation.Engineer Hani Salem commended Bangladesh’s investment climate and Prime Minister Hasina’s financial management, citing the nation’s exemplary loan repayment record.The meeting, attended by PM’s Private Industry and Investment Adviser Salman Fazlur Rahman, principal secretary M. Tofazzel Hossain Miah, and Economic Relations Division secretary Md. Shahriar Kader Siddiky, underscored the collaborative efforts to drive Bangladesh towards economic prosperity. Fibre2Fashion News Desk (DR) More Textiles News - Bangladesh...
Awami League and its front and associated bodies organized discussions and other programs throughout the day
The Bangladesh Army has given Prime Minister Sheikh Hasina 45 minutes to resign from her post as protests continue to intensify, sources told. The protests began last month after the Bangladesh High Court ruled to reinstate a 30% quota for government jobs for the descendants of freedom fighters. When Prime Minister Sheikh Hasina refused to […]
Protesters storm Sheikh Hasina’s palace in Dhaka as prime minister resigns
On Thursday, Sheikh Hasina said she was satisfied with Narendra Modi’s assurance that her country will not be perturbed over the implementation of NRC in Assam.
PM Hasina assured that investment in Bangladesh is secure due to consistently high returns
In a shocking turn of events, Bangladesh Prime Minister Sheikh Hasina resigns and flees amid violent protests. Army Chief announces a caretaker government, and former PM Khaleda Zia is released. Stay updated on the unfolding crisis.
A behind-the-scene look at the life of Sheikh Hasina.
Textiles China pledges $137.64-mn economic assistance to Bangladesh 11 Jul '24 1 min read Pic: Adobe Stock Insights China will offer economic aid worth $137.64 million to Bangladesh, Premier Li Qiang has announced. Bangladesh foreign minister Hasan Mahmud, who accompanied PM Sheikh Hasina to Beijing, told this to reporters there. Hasina requested Li to import leather and jute products from Bangladesh and invest in 100 SEZs and the Bangabandhu Industrial Park. China will offer economic assistance worth 1 billion RMB ($137.64 million) to Bangladesh, Premier Li Qiang announced yesterday. Bangladesh foreign minister Hasan Mahmud, who accompanied Prime Minister Sheikh Hasina to Beijing, told this to reporters there. While Hasina emphasised on the need to reduce the trade gap with China, Li talked about importing more products from Bangladesh and expressed his desire to take ties with Bangladesh to a new height, Mahmud said. Hasina requested her Chinese counterpart to import leather, jute, pharmaceutical and ceramic products from Bangladesh and invest in 100 special economic zones and the Bangabandhu Industrial Park, a news agency reported. She invited top Chinese leaders to visit Bangladesh next year to celebrate the 50 years of diplomatic relations between the two countries. She also requested Li to include Bangladesh in the BRICS bloc in any format and Li assured her of support. Fibre2Fashion News Desk (DS) More Textiles News - China... -->
Bangladesh’s main opposition party’s distrust of India is politically imprudent
Bangladesh's opposition sources claim that the US has revoked the visa of ousted Prime Minister Sheikh Hasina, a move that comes amid reports of Western nations seeking her ousting from power
The Hindu community in Bangladesh has the same rights as she has, Bangladesh Prime Minister Sheikh Hasina has said, asserting that the number of mandaps in Dhaka during the Durga Puja festivities were much higher than in West Bengal. Hasina interacted with the Hindu community leaders on Thursday on the occasion of Janmashtami and urged […]
A Dhaka court on Saturday remanded ousted Prime Minister Sheikh Hasina’s private industry affairs adviser Salman F Rahman, former law minister Anisul Haque, former social welfare minister Dipu Moni ... Read Complete Story Here ...........