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FEATURE<br />
Bangladesh:<br />
The 'next Asian Tiger'<br />
Better logistics<br />
and infrastructure key<br />
to sustain and grow country's<br />
US$30 billion garments<br />
industry facing competition<br />
from countries in Africa<br />
offering cheaper labor and<br />
automation in more<br />
developed nations.<br />
angladesh's stormy<br />
Be l e c t i o n e n d e d o n<br />
December 31, 2018 with<br />
Prime Minister Sheikh Hasina, 71,<br />
securing her third consecutive<br />
term with a landslide victory.<br />
The daughter of Bangladesh's<br />
founder, Sheikh Mujibur Rahman,<br />
Hasina has been in office since<br />
1996 and is credited for steering<br />
Bangladesh from being a leastdeveloped<br />
nation to middleincome<br />
thanks to investor<br />
confidence in its burgeoning<br />
multibillion textile industry.<br />
Under Basina's watch, poverty has<br />
also been brought down to<br />
around 20% and 90% of the<br />
country's 165 million people now<br />
h a ve a c c e s s t o e l e c t r i c i t y,<br />
according to reports.<br />
The Bangladesh matriarch is<br />
also being praised for opening up<br />
Bangladesh's doors to some one<br />
million Rohingya Muslims fleeing<br />
p e r s e c u t i o n a n d m i l i t a r y<br />
crackdown in Myanmar.<br />
S u s t a i n i n g g r o w t h<br />
With her win, Bangladesh is again<br />
pinning hopes on Hasina to lead<br />
the country to new economic<br />
gains with the rest of South Asia<br />
gaining strength economically.