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100 more economic zones to woo foreign investors

Prime Minister Sheikh Hasina today said the government will set up 100 economic zones gradually to attract more foreign investment that will ultimately help create huge jobs and take the country towards further industrialisation. The prime minister said this at the third governing body meeting of Bangladesh Economic Zones Authority (Beza) held at her office in Dhaka. After the meeting, prime minister’s Press Secretary Ihsanul Karim briefed reporters. [caption id="attachment_20358" align="alignleft" width="650"]ecnec_news Prime Minister Sheikh Hasina me...

Rising salinity threatens coastal communities – experts

Suruj Miah walks through his village carrying two large pots of water, one in his hand and the other on his shoulder. His 8-year-old granddaughter, Rozina, lugs a small pot by his side. “It is one of our daily duties,” Miah says. “We have to walk almost three kilometres to collect fresh water for our daily needs.” Miah used to be a farmer in Bangladesh’s coastal southwest district of Satkhira, but rising salt Construction of a dam, financed by The Netherlands, in Boyer Char. A newly planted forest could stabilize the dam, but too many people living in the area fear to lose their basis... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=

No entrance exams for children: PM

Prime Minister Sheikh Hasina has said that kids should be enrolled in primary schools without any entrance exams. “Why should a kid sit for entrance exam? It is not mandatory to go through exams for getting ???????????????????????????????????? admitted into the primary schools,” the prime minister said at a program at Shilpokola Academy in Dhaka Sunday morning. She also ordered ministries to take proper steps in this regard. “Children should admit into schools in their own area. It is their right,” she added. Ad...

WB to scale up funding in Bangladesh

The World Bank (WB) most likely will scale up its funding to Bangladesh, with pleading new financing commitments amounting to $1.9 billion for the current 2015-16 financial year (FY16). Referring to a meeting between finance minister Abul Maal Abdul Muhith and WB senior vice wbpresident Kyle Peters, the multi-donor agency in a press release issued here today (Sunday) said the agenda of the meeting included discussion on the WB's growing portfolio in Bangladesh. The meeting was held on the sidelines of the IMF-WB annual meeting held in Lima, Peru on Saturday where...

Trial of 156 cases of ‘militants’ halted

The trial process of 156 cases in relation to ‘militant activities’ remains halted as plaintiffs, investigating officers and witnesses of the cases from members of the police are not turning up in the courts. The courts are not being able to begin the proceedings of 138 cases filed under the anti-terrorism act for lack of government approval. The proceedings of four more cases remained suspended due to the stay order by the High Court. Sources concerned said, arrest warrants were issued against 333 members of the police, who high courtare also w...

IFC bond imminent, says BB governor

Governor of the Bangladesh Bank (BB) Dr. Atiur Rahman appears to be one of the relaxed and contented central bank governors in Lima this week, having avoided the commodity crash and sitting on substantial foreign currency reserves. The taka is also about to make its debut in the international bond markets, with the IFC set to issue in the currency The IFC’s plan to issue a offshore Bangladeshi taka-denominated bond will be invested in [caption id="attachment_19218" align="alignleft" width="650"]File Photo File Photo[/caption] private infrastructure projects a...
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