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[orchestralis] 16/3/2018 06:30

Bangladesh has backed China's $4 trillion One-Belt-One Road initiativeForeign Secretary Shahidul Haque stressed on the economic limitations that Bangladesh faces and expressed the need to build links, even with China.He said: "In case of Bangladesh, we realise that we are geographically very small but we have, in order to overcome those limitations, to weave ourselves with the rest of the world. That's why economic, social and political issues remain very fundamental to our state practices irrespective of government.""We cannot remain link-less in the current situation. We have to go beyond. And that's what we think would eventually benefit us. We look at sovereignty and integration rather from a different angle," Shaidul Haque added.During the "Asia's New Normal" discussion at the WEF conference, the foreign secretary of Bangladesh emphasised on the importance of economic growth. He mentioned that the issue of sovereignty must take a "backseat" to "economic integration," emphasising that the stood behind Prime Minister Sheikh Hasina's decision to support the BRI."We can't forget what the people want and before joining BRI we had several discussions with civil society, and it was clear, what we need is connectivity. For us as a country, what we need is quick upgradation of our infrastructure and our generation wants much more interaction and connectivity," Shahidul said.Bangladesh is attempting to balance ties with India and China, keeping its own geo-political and economic interests in mind. "Economic issues now dictate how much sovereignty one should exert," said the foreign secretary at the forum.Bangladesh formally joined the 'One-Belt-One Road' initiative in 2016, which will span 65 countries with 70% of the world's population.

[al h] 15/3/2018 08:28

Maybe this will get the go ahead ... eventually. Question is ... how many of the goons on these boards will still be alive or compos mentis enough to spend their "winnings" if it does. Most on the LSE board already seem to be pretty deranged so probably not many is the answer.

[spacedust] 15/3/2018 06:37

.....one way or another

[imjustdandy] 15/3/2018 06:33

Chinese will see this through to completion.

[baxtea1] 15/3/2018 06:17

Jeez, how many times & how may years have those LSE idiots got to be shown to be talking bolox with their misleading posts before it finally clicks.

Unbelievable & shameless by some posters, i guess karma does exist though

[baxtea1] 14/3/2018 17:46

Price: 27.25
It?s not always what you know but wToday 17:28It£s not always what you know but who you know, and today I met a very nice chap who, i have spoken to many times, but never had the privilege of meeting due to the fact he spends most of his time in Asia and lives at the other end of the country, he was once a very popular poster on these boards, (RG), but for personal
reasons is no longer able to post at the moment,...... all I can say is, that I am very pleased I have the holding that I do ;)


Because Raingod & all his in the know wisdom has called this so right for the last 10 years. Not.
Give us a break with the cryptic someone knows something ramping bud, gets tiresome after a decade.

People going to look stupid for their recent comments in a few months? 😂😂Some of you have been doing thst for the past few years

[baxtea1] 14/3/2018 11:32

Truth be known, you probably sold in te 20’s too 😂😂😂

[baxtea1] 14/3/2018 11:23

IMIN on the deramp 😂😂😂

Bought in the high 40’s - rampathon

Sold at a loss in the 30’s - now deramping

Self professed expert - i think not 😂😂

[baxtea1] 14/3/2018 10:14

Chinese can’t do any worse than GCM in trying to achieve SOD approval.

[michaelsadvfn] 14/3/2018 09:55

Both nations are more than comfortable with brown envelopes. The Chinese can surely get this moving far quicker than GCM can. We shall see.

[tburns] 14/3/2018 08:05

Great find Shaun, commitment to invest in 'electricity generation' is key. All good

[9stars] 14/3/2018 07:59

good find Shaun

[mrshaungcm] 13/3/2018 19:55

State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Tuesday said that Bangladesh is a lucrative destination for investment in power and energy sector as the government moves to mobilise around $110 billion investment in the sector.

“Bangladesh will provide sovereign guarantee for foreign investment,” the minister said while addressing at a discussion on “Towards of New Era of Bangladesh-Singapore Economic Partnership” at Bangladesh-Singapore Business Forum 2018 in Singapore yesterday.

Prime Minister Sheikh Hasina was schedule to attend the meeting but returned Dhaka following crash of a Bangladeshi private aircraft in Nepal.

“Bangladesh will support foreign investors through tax holiday, double taxation, relief, risk mitigation scheme and profit repatriation,” Nasrul said.

He said foreign investors have immense opportunity to invest in LNG infrastructure, pipeline, refinery, coal terminal, LPG and procurement of primary fuel as around $40 billion will require in energy sector.

Besides, investors can invest as much as $70 billion in electricity generation, distribution and transmission.

“Bangladesh moves to procure the investment through government to government or joint venture investment,” he said.

Mitsui chief operating officer Taku Morimoto, IFC chief investment officer Rebecca Konard, Dhaka Chamber of Commerce President Abul Kasem and Chittagong Chamber of Commerce and Industry President Mahbubul Alam spoke among others at the discussion.

[jimmyhoffa262] 13/3/2018 13:26

Alia is a numpty loser

[michaelsadvfn] 13/3/2018 12:20

5 trades in the last hour & the share price flatlining so yes, boom time.

[alia] 13/3/2018 10:41

boom time guys

[al h] 13/3/2018 10:00

Mr 100K 3 grand down already ... ouch