Bangladesh economy

These are great signals for a progressive economy. We need FDIs and we need to create an investment and business-friendly environment. We also need to seek their partnership in developing our tertiary sector. If they can bundle up training and education with their investment plans, it will be great for our economy. Bangladesh earns more than three billion dollars from remittance income. But countries like India and the Philippines earn four or five times the money Bangladesh gets from the export of services. All the developed countries have progressed in the service sector, and they have developed means of faster trade. Its good to see so many private banks in Bangladesh, but it's sad that Bangladesh is so much of a cash economy. We need faster credit facilities and swift means of trading must be developed.

Moreover, the visits of Ted Turner and Bill Gates were also very significant. Growth in IT and ICT is also important for Bangladesh, not to mention the generous help that they will also provide. I hope the government takes up and handles these matters seriously.