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China proposes FTA with Bangladesh

China on Sunday proposed signing a Free Trade Agreement (FTA) with Bangladesh to boost trade ties between the two countries, minimising the trade gap against Bangladesh. The Chinese side came up with the proposal at bilateral talks between the two countries at the Foreign Ministry. china BDForeign Minister AH Mahmood Ali led the 19-member Bangladesh side while his Chinese counterpart Wang Yi the 13-member China team at the meeting that reviewed the entire gamut of bilateral relations. “China wants to start negotiation on FTA. We’ll explore the pro...

RAK Ceramics to sell pharma unit

RAK Ceramics Bangladesh, a leading ceramics manufacturer and a unit of UAE-based RAK Ceramics, has announced that it is selling RAK Pharma, its pharmaceutical interest. rakcRAK Ceramics Bangladesh currently has a 55 per cent stake in RAK Pharma. The board of RAK Ceramics Bangladesh has approved the offer of to acquire 77.5 per cent of the shares of RAK Pharma for $9.5 million. The company is selling its entire stock of RAK Pharma shares, with the other shares being sold by minority shareholders. “The decision to sell RAK Pharma was taken for two r...

Petronet, Shell, Mitsui shortlisted for LNG terminal    

Petronet LNG Ltd, India’s biggest importer of liquefied natural gas (LNG), is among five global energy firms that have been shortlisted for setting up an LNG import terminal in Bangladesh. Bangladesh is looking at setting up a 3.5 million tons a year LNG import facility at Matar Bari in Moheshkhali Island of Cox’s Bazar district or Anwara, Chittagong. The terminal, which is to be set up on the build-own-operate basis, will supply gas to power plants. LNGIn all 15 firms responded to Bangaldesh’s tender seeking expression of interest by June 30. Of ...

SJIBL distributes blanket at Bangshal in city 

Alhaj Mohiuddin Ahmed Director of Shahjalal Islami Bank Ltd (SJIBL) and Chairman of Shahjalal Islami Bank Securities Ltd distributed Blankets among winter hit & destitute People at Bangshal, Piyalala Mosque in Old City of Bangshal Jpg-2Dhaka recently. The Vice-President of Bangshal Mosque Alhaj Ismail Hossain Nowab, Secretary General Mohammad Babul Hossain and Local eminent People were also present in the Blanket distribution ceremony.

Let the speech be free in Turkey  

Though the Turkey’s President Recep Tayyip Erdogan claimed that his country has the freest press in the world, but according to the International Committee to Protect Journalists, a global press freedom organization, Turkey was the world’s top jailer of journalists in 2012 and 2013, ahead of Iran and China. rise-in-violence-for-journalists-in-south-asia-press-freedomErdogan on Friday brushed off accusations that media freedoms were being ero...

Bangladesh wants removal of Indian tariffs

Bangladesh Commerce Minister Tofail Ahmed Friday said the formation of the four-country BCIM (Bangladesh-China India Myanmar) Corridor and removal of tariff barriers from India will boost bilateral trade between the two countries. bd-indiaBangladesh is keen on the formation of the BCIM corridor which will help the economy of Bangladesh. “India and China are progressing fast and Bangladesh will remain friends to them. The BCIM Corridor will definitely help boost trade and networking among us and India,” Ahmed told IANS on the sidelines of 27th
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