Good News From Bangladesh

Archive for November 24, 2011

Nobel Laureate claims Bangladesh will be social business destination

Bangladesh will become an attractive destination of ‘Social Business’ in near future setting an example for rest of the world, as it has totally different objectives withspecial focus on solving society’s most pressing problems, instead of making money. This was stated by Nobel Laureate Prof Muhammad Yunus, the founder of Grameen Bank and innovator of [...]

Orange now moneyspinner in Moulvibazar (Bangladesh)

Cultivation of orange is becoming a moneyspinner in the district as farmers achieved steady growth in yield in the last few years. According to the Department of Agriculture Extension (DAE), more than 500 hectares of hilly lands in Juri and Baralekha upazilas have been brought under commercial orange cultivation this year. Farmers in the upazilas [...]

Indian retailers move to Bangladesh to source apparels

Retailers always look for efficient sourcing of goods. Indian retailers, reeling under rising costs of goods and fuel in India, are looking  eastwards to drive in cost efficiencies. Bangladesh has emerged to be the new destination for sourcing apparels. The move comes after the Prime Minister announced duty free imports of 46 textile items to [...]

ERP software ‘leading surge in Bangladesh IT spending’

Enterprise resource planning (ERP) software is one of the most popular investments in Bangladesh’s thriving IT sector, where overall spending is considerably up in recent years. New research by market intelligence firm AMI-Partners has found that the 220,000 businesses in the Asian country that own PCs have increased their expenditure when it comes to computing [...]

‘Bangladesh next hub in IT sector after China, India’

Ed Franklin Senior Advisor of Virtustream, a leading enterprise cloud software and services provider, said Bangladesh looks like the next hub in the IT sector after China and India, said a statement. Programmes such as Digital Bangladesh 2021 and the growing programmer base in Bangladesh convinced him to think like that, he said. The IT [...]

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