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Bangladesh – Prioritizing Problems

What makes a country small? Bangladesh is a small country in terms of area, but very large in terms of population. Having roughly the same area as Greece, it has a bigger population than Russia (yes, you might be tempted to read this sentence again, but it is true!). The outside world seems to know very little about this country. It is true that floods, poverty, garment factory collapses and political BD_BREASTFEEDINGviolence exist in Bangladesh, but fortunately this is not the full story. Its GDP has steadily grown at around ...

UCB signs Term Sheet with IDLC Finance

United Commercial Bank Limited (UCB) signed Term Sheet with IDLC Finance Limited (Arranger) on 15 January 2015 at the Corporate Head Office of the Bank. The signing is initiated to issue ‘UCB Second Subordinated Bond’ of BDT 5.0 billion as Tier-II Capital. IMG_6302Mr. Muhammed Ali, Managing Director of UCB and Mr. Selim R. F. Hussain, Managing Director of IDLC signed the Term Sheet on behalf of their respective organizations. Among others Mr. M. Shahidul Islam, Additional Managing Director of UCB; Mr. Mirz...

Fayezur Razzaque dies

Mr. Md. Fayezur Razzaque Ex. CSP (1966 Batch) Died at 1 PM, 15.01.2015. (age 71 ) He was suffering from Cancer for last few years. He was Former Deputy Commissioner, greater Mymenshingh, also worked as Director General of Bangladesh Television, Managing Director of Bangladesh Biman, He was also Secretary of Relief & Rehabilitation, Secretary of Industry Attachment-1Managing Director of Krishi Bank, Secretary of Bangladesh Election Commission, Director, Asian Development Bank in his remarkable career.  Lastly he was working fo...

BIMSTEC can be a global manufacturing hub

In recent times, BIMSTEC (the Bay of Bengal Multi-Sectoral Technical and Economic Cooperation), an economic grouping comprising of Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand as member countries, is gaining importance. The initiative for this economic cooperation was undertaken during 1997.
bimst-ecBIMSTEC was formed with the idea of imparting greater socio-economic cooperation among the member nations in the area of technology, transport and communications, energy, tourism, agriculture, fisheri...

US Asst Secy Richard to visit Bangladesh

US Assistant Secretary of State for Population, Refugees, and Migration Anne C. Richard will be on travel to Burma until January 20 and will visit Bangladesh from January 20-23. US asst secyIn Burma, Assistant Secretary Richard will visit Rakhine State from January 16-19 to meet with state and local government officials, representatives of the Rohingya and Rakhine communities, and international and non-governmental organizations to discuss the political and humanitarian situation in Rakhine State, following her participation in the second U.S.-...

Bangladesh to export bandwidth to India

Bangladesh Submarine Cable Company is set to export 10 Gbps of bandwidth to Tripura, a northeastern state in India. A team from the state-owned company will visit India to sign the deal possibly on btrc27 January with state-owned Bharat Sanchar Nigam Ltd (BSNL), The Daily Star reported online. BSNL will purchase 10 Gbps initially and will increase the amount gradually, said Monwar Hossain, managing director of Bangladesh Submarine Cable Company. A 22-km optical fibre cable link from Brahmanbaria to Akhaura boarder will be developed in four months to transport t...
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