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Norwegian ambassador honours Selima Ahmad

A warm reception was organized and hosted by Ambassador of Norway Merete Lundemo in honour of Selima Ahmad winner of the 2014 Oslo Business for Peace Award, at the Norwegian Residence in the capital on Thursday. The reception preceded by a press conference where Ms. Selima Ahmad, President of Bangladesh Women Chamber of Commerce and Industry (BWCCI), H.E. Ms. Merete Lundemo, Ambassador of Norway and Ms. Sangita Ahmed, Immediate Past President of BWCCI were present. IMG_0144Giving her speech, Merete Lundemo said that Selima Ahmad is among the h...

Tk 9,400cr subsidy proposed for power, energy sector

The government has proposed Tk 9,400 core as subsidy to the power and energy sector for the next fiscal (2014-15). This amount was shown in the budget document as “net lending” to Power Development Board (PDB) and Bangladesh Petroleum Corporation (BPC), both state-owned entities. PowerOfficial sources at the Power and Energy Ministry said the government provides subsidy to the power and energy sector though a credit programme to keep pressure on the state entities to pay back the amount. They said another objective of such mechanism is to show the amoun...

Biman to get 4 Boeing aircraft by 2019

The government will add four Boeing 787-800 aircraft to the fleet of Biman Bangladesh Airlines by 2019, aiming to improve its passenger service, Finance Minister AMA Muhith said on Thursday. “Two Boeing 777-300 aircraft have been procured. Procurement of two Boeing 737-800 aircraft is underway. Hopefully, another four Boeing 787-800 aircraft will be added to the Biman fleet by 2019,” he said while delivering his budget speech in Parliament. bimanHowever, in the management of Biman commercial interest should get precedence over other considerations, Muhith ...

Political vandalism costs Tk 11,000cr

The country’s economy has suffered a loss Tk 11,000 crore in the current fiscal year due to political vandalism, which is around one percent of the gross domestic product (GDP). “Political vandalism caused a loss of Tk 11,000 crore in the national economy which is around 1 percent of GDP,” Finance Minister AMA Muhith said in his budget speech quoting the World Bank. politics BDIn the run-up to the 10th national election, the Finance Minister said, there had been a serious political unrest in the first six months of the current financ...

China expects positive outcome on Sonadia deep seaport talks

China is expecting a positive outcome on its discussions with Bangladesh during Prime Minister Sheikh Hasina’s China visit over a deep seaport at Sonadia in Cox’s Bazar, said its Ambassador Li Jun here on Thursday. “We’re expecting a positive outcome,” he told a select group of reporters at his office prior to his departure for Beijing mentioning that negotiation is still going on the matter. chinaResponding to a question, Li Jun said China is open for consortium to build the deep seaport and open to countries and companies, including India for...

Poverty, illiteracy leading causes of child trafficking in Bangladesh

Poverty, illiteracy and disinformation are the main factors that fuel human trafficking, especially children and women, in Bangladesh, this according to local (World Vision Bangladesh, Bangladesh Sishu Adhkur Foundation) and international (Terre des Hommes Netherlands) NGOs, who organised a seminar in Dhaka to take stock of the situation and develop new strategies to combat this phenomenon. child trafficking Southern Bangladesh is where human trafficking is most prevalent and where NGOs are most active. Here "Most of the chil...
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