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US concerned over violence in Bangladesh

The United States is gravely concerned by the ongoing unrest and violence in Bangladesh, a press release said. usdos-logo-sealThe release said, we deplore the unconscionable attacks including bus burnings, throwing incendiary devices, and train derailments that have killed and wounded innocent victims. We condemn in the strongest terms the use of violence for political objectives. There is simply no justification for such actions in a democratic Bangladesh. All Bangladeshis must have the right and the ability to express their views peace...

2-party showdown in Bangladesh

WHEN Amulya Chandra Barman, a 45-year-old rickshaw-puller, boarded a bus in Dhaka last month, it was to go home to his village in the north of Bangladesh. Instead, he ended up in the burns unit of a hospital in the capital. A bomb was thrown into the bus, landing on the bag on his lap. His face and hands were burnt. The bag—holding a month’s savings in cash—was reduced to ashes. He is at least alive. This week eight people were killed in a firebombing attack on a bus in eastern Bangladesh. In all, about 60 people have died in a month-long transport blockade called by the main opposition, the Bangladesh Nationalist Party (BNP).

Economy starts to feel strain of political turmoil

The beaches are empty in the resort town of Cox’s Bazar, by the Bay of Bengal on Bangladesh’s southern coast. Scores of hotels line a narrow stretch of road parallel to the waterfront, but there are no guests. A handful of desperate hawkers harass the occasional straggling tourist. “We’re bleeding,” said Amjad Hossain, an official at the upscale hotel The Cox Today. “A few more days of this and we may have to start laying off staff.” [caption id="attachment_12731" align="alignleft" width="300"]BN-GU515_bangla_G_20150204142328

FDI flow drops slightly last year

The flow of foreign direct investment (FDI) to Bangladesh declined marginally by 4.0 per cent in 2014 after three years’ of upswing. Provisional statistics available with the Bangladesh Bank revealed that the FDI inflow last year stood at $1.53 billion (153 crore), down from around $1.60 billion in 2013. dollarThe FDI inflow last declined in 2010 to $913.3 million from $960.6 million in 2009. For the next successive years, the FDI flow kept rising significantly, reports the Financial Express. The fall in FDI last year reflects flagging confidence of f...

Erasmus competition held in city

A delegation of Bangladeshi youths met with the EU Ambassador to Bangladesh, Pierre Mayaudon on Tuesday January 27, 2015, at EU Delegation, Dhaka. eramusMost of the 20 winners of the Erasmus competition came to the EU Delegation on the day. The EU Delegation in Bangladesh organized an Erasmus contest next week, from the 18th to the 22nd of January. The interested participants had to reply to the questions posted every day at 11am in this Facebook page, ‘European Union in Bangladesh’. The four fastest people were select...

BSCI for social dialogue to boost RMG

Business Social compliance Initiative (BSCI) continues to build dialogue between all stakeholders to promote labour improvement in the garment and textile sector in Bangladesh, one of the top sourcing markets for its companies. As part of this, BSCI partnered the recently-held 3rd Global Social Responsibility Conference in Dhaka, which united various stakeholders from business associations and international organisations to discuss ways to reinforce the sector. Bangladesh-rmg-workerUnder the theme of "Shareholder Valu...
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