Archive for the ‘Economy’ Category
Saturday, March 20th, 2010Prime Minister Sheikh Hasina yesterday sought Chinese cooperation to construct a deep-sea port in Chittagong and establish road link between Chittagong and Kunming.“China can be benefited by using the deep seaport while all neighbouring countries also can use it,” Hasina said as a key speaker at the Bangladesh-China Business Forum ...
(read more) Saturday, March 20th, 2010Bangladesh and India last night exchanged draft agreements and promised to go ahead expeditiously towards resolving the vexed Teesta water-sharing issue.Seeking to address Bangladesh's concerns on Tipaimukh dam and river inter-linking project, India reiterated "that it would not take steps that would adversely impact on Bangladesh and conveyed that it ...
(read more) Saturday, March 20th, 2010The health ministry has been sitting idle for more than a month since a probe report published by Dhaka Medical College Hospital revealed massive corruption in its recruitment processes.It is alleged that the previous director, Brig Gen Bazle Quader, worked in association with some of the leaders of Swadhinata Chikitshak ...
(read more) Saturday, March 20th, 2010The World Bank will assist Bangladesh with US$ 257 million for facilitating Private-Public Partnership (PPP) in setting up small power plants.A negotiation to this effect between the Bank and the government will be held today to provide the assistance under the Investment Promotion and Financing Facility (IPFF) Project of the ...
(read more) Friday, March 19th, 2010China will allow duty-free access of Bangladeshi products to its markets and increase its support for the country's efforts to face floods and other natural calamities caused by global warming.Chinese Prime Minister Wen Jiabao gave the assurance during official talks with Bangladesh Premier Sheikh Hasina held at East Hall of ...
(read more) Friday, March 19th, 2010At least 1,000 foreign-funded non-government organisations are operating illegally, as they have yet to renew their registration with the NGO Affairs Bureau.“Last year, we served show-cause notices on 1,300 NGOs for working without renewal of registration,” said Muhammad Ibrahim, deputy director of NGOAB.Some NGOs could not be sent ...
(read more) Friday, March 19th, 2010Rajuk demolished a number of makeshift structures and an automobile workshop on Gulshan Lake along Gulshan-South Badda link road yesterday as part of its plan to recover the lake land.Rajdhani Unnayan Kartripakkha, however, could not knock down most of the permanent structures in the lake area due to legal ...
(read more) Friday, March 19th, 2010The country's food inflation reached as high as 10.56 percent in January this year on a point-to-point basis, crossing the double-digit mark again after 15 months. In September 2008 it was 12.02 percent.The inflation was even higher in urban areas in January this year, reaching 12.07 percent.Non-food inflation at the ...
(read more) Thursday, March 18th, 2010The countrywide indefinite strike by water transport workers entered its third day this morning and started taking a heavy toll on importers, as scores of cargo and lighter vessels are stranded at Chittagong and Mongla ports.Imported goods are not being unloaded and brought into the ports on time due ...
(read more) Thursday, March 18th, 2010A transnational gang is abducting Bangladeshi workers for ransom in countries in the Middle East, deceiving them with false promises of lucrative jobs in Europe.It came to light after a case was filed against six of the gang members in Dhaka. They took ransom from the family members of Aminul ...
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