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Razzak returns finally

Myanmar has finally returned abducted Border Guard Bangladesh Nayek Abdur Razzak eight days after his abduction by its border force intruding Bangladesh territory. Razzak was handed over to the BGB officials during a flag meeting at Maungdaw in Myanmar around 3:00pm Thursday. banglar_chokh_razzakBGB’s Cox’s Bazar sector commander MM Anisur Rahman confirmed the Razzak repatriation to Prothom Alo. Earlier, a seven-member BGB team reached Maungdaw of Myanmar for the meeting at about 10:15am. The BGB team, led by ...

Bangladesh rise to 7th spot in ODI rankings

Bangladesh moved up a place to seventh in the One-Day International (ODI) team rankings following its series win against India in Mirpur. The 2-1 series win put Bangladesh on 93 points—five behind sixth ranked England and five ahead of eighth ranked West Indies. [caption id="attachment_17199" align="alignleft" width="300"]Mustafizur Rahman's 6 for 43 helped Bangladesh beat India by six wickets in the second ODI in Mirpur and complete a series win © AFP Mustafizur Rahman's 6 for 43 helped Bangladesh beat India by six wickets in the second ODI in Mirpur a...

French banks say ‘no’ to Rampal coal plant

Three French banks have said they will not invest in the Rampal power plant, Bangladesh. Six months earlier, two Norwegian pension funds pulled out their investments from India’s National Thermal Power Corporation that is building the project. During his visit to Bangladesh on 6 June 2015, Indian prime minister Narendra Modi endorsed the 1,320 MW Rampal coal- based thermal power project. He said, [caption id="attachment_17323" align="alignleft" width="300"]rampal impact Coal-fired thermal power plants belch toxic gases that could impact ...

How migrants business flourish for decades in Bangladesh

Torture, rape, corruption, and ransom demands – the horror experienced by migrants has been allowed to flourish for decades, according to a source inside the Southeast Asian trafficking industry. Each year thousands of Rohingya refugees flee from Myanmar to camps at Cox’s Bazar across the border in Bangladesh. Seeking to continue their journey to countries such as Malaysia, they are vulnerable to the gangs who organise boat travel. “We have to pay the local police (in Bangladesh) before making any voyage,” said Munirol, a broker for migrants

Bank subsidies failing to eradicate poverty: Khaled

The authorities of state-owned banks misappropriate a large portion of the funds they are given by the government to recover from losses, said Bangladesh Bank’s former deputy governor Khondkar Ibrahim Khaled. ibrahim khaled“Such funds thus play no role in eradicating the country’s poverty,” he said while addressing a seminar on the national budget’s role in eradicating poverty at the National Press Club yesterday. The seminar was organised by Unnayan Shamannay. Khaled said the government should directly allocate funds for pover...

FDI dipped last year

The actual foreign direct investment flow into Bangladesh went down by 4.53 percent year-on-year in 2014, the United Nations Conference on Trade and Development (Unctad) said yesterday. This was the first time the FDI flow to the country fell since 2010. Bangladesh received an FDI of $1.526 billion in 2014 against $1.599 billion in the previous year, said boithe World Investment Report 2015 of the Unctad. The Board of Investment (BoI) launched the report on the UN agency’s behalf at the BoI office in the city. The study was also published globally. “The ...
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