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Bangladesh hopes green means go

Like Thailand, Bangladesh is suffering from prolonged political unrest and subdued economic activity. For a time earlier this year it seemed Moody’s Investor Service might downgrade the country’s credit rating due to the ongoing tensions on the ground, although in the end it held off from doing so. green goOpposition party-led strikes have weighed on the economy, prompting the International Monetary Fund in March to clip its growth forecast for the fiscal year to June-end to 6% from 6.4%. The Bangladeshi government had been targeting a 7.3% growth ...

Etihad officer held for gold smuggling

A security officer with the Etihad Airways was found involved in gold smuggling at the Mumbai airport as he was receiving gold smuggled by a passenger in a cigarette packet, reports The Indian Express. The passenger admitted handing over gold to the security officer on four earlier occasions, said Customs officials according to The Indian Express. deepak-golani-1wbPassenger Sunil Jagwani was intercepted by officers of Air Intelligence Unit when he was handing over gold to Deepak Golani who was in-charge of security for all Etihad ...

Myanmar finds 102 stranded BD migrants on island

Myanmar’s navy has discovered more than 100 Bangladeshi migrants stranded for nearly a month on a southern island, state media said on Tuesday, following a regional migrant crisis in which people smugglers abandoned thousands at sea. It was the first major rescue reported by Myanmar since May, when its navy found a boat packed with more than 700 migrants in the Andaman Sea at the height of Southeast Asia’s migrant boat crisis. [caption id="attachment_18152" align="alignright" width="648"]rohingya_migrants_1 Myanmar's navy discovers over ...

Volunteers learn to make life-or-death difference in disaster

In April 2013, Redowan Ahmed Srabon, a university student, watched in shock as news of the Rana Plaza factory collapse broke on television. Instead of just following the TV updates, he took a bus from central Dhaka to the factory, on the city’s outskirts, where more than 1,100 workers died and 2,500 were injured. [caption id="attachment_18148" align="alignright" width="620"]volunteer Urban volunteers in Dhaka learn to use light equipment during three days of training. Photograph: Comprehensive Disaster Management Programme[/caption] Srabon, 22 at the time...

Study on EEZ by Indian institute in October

Indian scientists along with their Bangladeshi counterparts will study the waters in Exclusive Economic Zone (EEZ) of Bangladesh which they claimed will be the “first ever” study in the region. Goa-based National Institute of Oceanography (NIO), which has signed a Memorandum of Understanding (MoU) with Dhaka University on various ocean research fronts, will take this historic cruise to the EEZ in October this year. india_nio-goa-india“We are going to have a major cruise in North Bay of Bengal within the EEZ of Bangladesh in Oc...

Japanese firms expanding their reach in South Asia

Bangladesh, the world’s eighth most populous country with approximately 158 million people, is witnessing an economic growth rate surpassing five percent for the past ten years. The economy is expected to continue to grow and present many business opportunities. In one of the office buildings at Gulshan crossing in central Dhaka, the work is on for construction of a new branch office for Toshiba, the first Japanese electronics company to have a branch in Bangladesh. Toshiba-HQ-bldg1Sayaka Kanagawa, who joined Toshiba in 2008, has...
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