Bangladesh, globally hailed as a potential gas basin, has long been in the grip of an acute gas crisis thanks to lack of gas exploration initiatives, said experts. In the past 12 years, only 18 exploration wells have been dug with the discovery of four gas fields, according to the Bangladesh Oil, Gas and Mineral Corporation, […]
Gas reserve potential left unexplored in Bangladesh

Facts Check: Power Generation in Bangladesh

by Prof. Badrul Imam* Bangladesh now has a power generation capacity in excess of 21,000 MW. On the other hand, power demand and generation in mid-February this year were in the range of 9,000 MW, less than half of the overall capacity. Even last summer the peak demand and generation hardly reached 12,000 MW. Considering […]
Alibaba and Amazon to build network in Bangladesh

The postal division is going to collaborate with global e-commerce giants Alibaba and Amazon to deliver their products across Bangladesh, reports the Daily Star. A pilot project will be launched within a short time, said Tarana Halim, state minister for telecom and postal division, after a meeting with the postal department yesterday at her office. […]
Some Recommendations on Overcoming the Crisis in the Leather Industry

by Mr. Mosharraf Hossain Bhuiyan* Ambassador of Bangladesh to Germany Jute was the main cash crop of East Pakistan (present day Bangladesh) during the Pakistan period. Jute and jute products were the main exports of Pakistan – sixty-five percent of the country’s national income originated from the agricultural sector. The presence and position of tea and leather […]
BGCCI International Webinar: Post-COVID Economic Relations between Bangladesh & Germany

The Bangladesh-German Chamber of Commerce & Industry (BGCCI) hosted an international Webinar on the 27th January 2021 from 19:00 to 21:15 hrs Bangladesh standard Time (BST) on: “POST COVID19 Economic Relations between Bangladesh & Germany” The Webinar was attended by 131 participants, panelists and speakers from Bangladesh, Germany and the USA. The honourable Commerce Minister of Bangladesh […]
Production at Risk as AnnonTex Fails Rescheduling EUR 374 Million Default Loans

AnonTex Group fails to reschedule its defaulted loans amounting BDT 3,742 crore or ca. EUR 374 million as the central bank of Bangladesh, the Bangladesh Bank (BB) rejects it’s application, reports the daily Dhaka Tribune. AnonTex Group’s house bank the state-run Janata has been extra-ordinary generous to this particular client fully supporting and pleading for […]
Default loans fall due to relaxed rules in Bangladesh
The amount of default loans in the banking sector decreased after relaxation of the rules and regulations by the central bank of Bangladesh, the Bangladesh Bank (BB), according to the Finance Minister of Bangladesh Mr. AHM Mustafa Kamal in the parliament while responding to queries. The parliament was further detailed about the non-performing loans (NPLs) […]
Greetings to the BGCCI members by General Counsel Mrs. Stein
The Bangladesh-German Chamber of Commerce & Industry hosted a special business event for the German Companies in Bangladesh concluded by dinner at the Ballroom of the Dhaka Westin Hotel. The main agenda of the event was networking and analysing Prospects for German Businesses in Bangladesh focusing expansion and strengthening bilateral economic relations between these two […]
CSR Project Participation Opportunities in Bangladesh

Winter Cloth Distribution in Rural Bangladesh Like previous years also this year the Rotary Club of Dhaka Mahanagar donates warm cloths among 300 ultra-poor families in the areas of Sharifpur Union, Kulaura, Sylhet. A systematic socio-economic survey was carried out to identify the people of Lalarchak, Beribadh, Purbabhag, Amtola and Bot-tola villages on the bank […]