Mega project Financing

Mega-projects to get Tk 18,700cr

Three ongoing plans for Mega infrastructural projects, has been boosted with new pledges. The government has outlined their decision for injection of greater financial resource for the projects, including the Padma Bridge, Metro Rail and the Rooppur Nuclear Power Plant.

Designing a separate roadmap, a new policy which will include 10 projects in total, will receive Tk18,700 crore allocation in the next budget. The total costs are equivalent to the whole of next year's Fiscal and values at USD $43.61 bn or Tk 340,214 crore.

India's third internet gateway

Cox's Bazar: India's third internet gateway

With Bangladesh's simultaneous exports and imports of Digital Bandwidth to India, both countries are looking on for development. As Bangladesh has the first Submarine Cable SEA-ME-WE4, landing in Cox's Bazar in 2005, the country is struggling at times to provide consistent internet during outages. During this time, 6 other private outfits through Kolkata, are insufficient to meet local demand. Bangladesh is eagerly waiting for the second promised under-sea cable. which lnads at Kuakata.

CES - Technical Analysis Training Program

ULAB launches training program on Stock Market
 
On Saturday, April 30, 2016, the Center for Enterprise & Society (CES) at the University of Liberal Arts Bangladesh (ULAB) began a three-day skills development program on Technical Analysis Training for stock market brokers and traders at Haji Ahmed Brothers Securities Limited (HABSL).

To inaugurate the training inauguration ceremony, the Vice Chancellor of ULAB, Professor Imran Rahman, the Managing Director of HABSL, Mrs. Ayesha Dada, Director of CES at ULAB, Mr. Sajid Amit, and

Market Bubbles, Structural Developments and Present Trends: An Overview of Bangladesh Capital Markets

The Center for Enterprise and Society (CES) is pleased to announce the publication of our latest report under the Sector Report Series, here. 

Title of Report:

Market Bubbles, Structural Developments and Present Trends: An Overview of Bangladesh Capital Markets 

Month: April 2016 

Publication Series: Sector Report Series 

Author: Sajid Amit, Director, Center for Enterprise & Society (CES) 

By way of a brief excerpt:

Bangladesh Capital Markets: An Overview Over the last 12 years, the Bangladesh economy has sustained average GDP growth of around 6% per year, accompanied by significant shifts in the sectoral output, away from agriculture to industry and services, towards an increasing contribution of the private sector to growth in investment. One of the drivers of the private sector contribution to investment has been the remarkable growth of the Bangladesh banking sector. Although less than a quarter of the population are formally classified as “banked”, there are over 50 private commercial banks in the country, and several of them have acquired mobile banking licenses to bridge the gap between the banked and the unbanked. 

With regard to capital markets organizations, although merchant banks and brokerage firms typically constitute the nonbanking financial institution (NBFI) sector of the economy, several banks have sister concern brokerage firms and merchant banks. However, despite the growth and development of the banking sector, the NBFI sector at large, and the capital markets in particular, have lagged behind. 

Our piece was also featured on the Financial Express. You can access it here.