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Spanning decades cements Bangladesh-China relationship

Dhaka, the capital city of Bangladesh, is situated on the northeastern bank of the Buriganga river and for centuries the river had remained a hurdle in reaching the capital. Finally this major hurdle was overcome by China building a bridge so that people on both banks could easily cross the river, making life easier for all. The construction of the first Bangladesh-China Friendship Bridge, with a span of more than 917 padma bridgemeters in length, began in October 1986, and was completed in February 1989. Seven mo...

Sino-Bangla JV to construct $1.56b power plant in Patuakhali

Bangladesh-China Power Company Limited (BCPCL) will invest $1.56 billion in a coal-fired plant near a proposed sea port south of Dhaka to produce 1,320 megawatts (MW) of electricity by 2019, the head of the joint venture (JV) said on Wednesday. Two units with a capacity of 660 MW each will be set up at Dhankhali in Patuakhali district, 319 kilometers (199 miles) south of Dhaka and close to the proposed Payra sea port, said A.M. Khurshidul Alam, BCPCL’s managing director. bangladesh-and-china-flag

BB to appoint consultant to beef up security

Bangladesh Bank (BB) has decided to appoint a permanent consultant to oversee its IT and overall security measures, a senior official said. “We are now working on hiring the consultant, who will be employed under an annual contract,” the official told The Daily Star, wishing not to be named. The BB took the decision after it lost $101 million to cyber thieves from its foreign currency bbreserve account with the Federal Reserve Bank of New York on February 5. The money was wired to the Philippines and Sri Lanka. At the request of...

IBBL celebrates its 33rd anniversary

Islami Bank Bangladesh Limited (IBBL) organised a get-together and discussion on the occasion of its 33rd anniversary at Muhammad Yunus Auditorium of Islami Bank Tower on March 30, 2016, Wednesday. Engr. Mustafa Anwar, Chairman of the bank was present in the program as Engr. Mustafa Anwar, Chairman of the bank was present in the program as chief guest. Presided over by Mohammad Abdul Mannan, Managing Director, Engr. Md. Eskander Ali Khan, IMG_6760Chairman, Executive Committe, Md. Abul Hossain, Director, Zakiuddi...

Key challenge to accelerate private investments in BD

Bangladesh has successfully come out from LDC to a lower middle income group. However, in order to be categorized as a middle income country by 2021, Bangladesh has to consistently maintain the status for the next six years. But without a solid industrial base, adequate infrastructure, un-interrupted power supply, exploration of natural resources (gas, coal etc.), skilled works force etc., it will be difficult to sustain the present growth rate or even achieve higher growth, said ICC Bangladesh President Mahbubur Rahman while he was presenting the Executive Board Report. Bangladesh will require increasing GDP growth to 7.5 to 8 percent per year based on accelerated export and remittance growth. Both public and private investment will need to

Cricket 360 App relieves anxious fans

Cricket fever has truly gripped the nation. With the tigers’ growing stature in the world stage, fan following has increased manifold in recent times. No matter what we do, we always have an eye on the latest happenings on the cricket field around the world. As the proud sponsor of the Bangladesh National Cricket team, Robi has recently come up with a unique solution named Robi Cricket 360 App that allows the millions of cricket fans to stay connected with the game of their love and passion. This innovative mobile app offers exclusive
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