Aggreko PLC Friday said that trading terms for gas contract extensions in Bangladesh are likely to be less favourable than its earlier expectations. The company said it now expects its 2015 interim and full year results to fall short of current market expectations, citing a further slowdown in its North American oil and gas related business and “ongoing security challenges” in Yemen.
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David ...
Bangladesh, home to the world’s second-largest mobile money company, is moving to consolidate the industry as it expands financial services to the rural poor.
The central bank has proposed channeling all mobile transactions through bank-led companies with a minimum capital of 1 billion taka ($13 million), said Bangladesh Bank Governor Atiur Rahman. This would force smaller providers to merge and link up with banks.
“There are a lot of entrepreneurs who could never be reached by conventional banks,” Rahman said in an interview in...
From his shop overlooking a pier on this island near the border with Myanmar, Mohammad Hossain watched the human smuggling business swell.
Over the years, the trickle gradually grew into an unending stream. The late-night flashes of light on the water, signaling that the coast was clear to launch boats, multiplied until they looked like summer lightning. That the boats were not carrying fish was an open secret here: One day, when a trawler sank on its way out, the water was littered with floating human bodies.
The people of Shah Porir Dwip — fishermen, shopkeepers, police officers and shadowy bosses — were all drawn in, as participants or concerned observers, to a multimillion-dollar people smuggling business that sent roots deep into this impoverished corner of Bangladesh.
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Japanese investment in a new deep-water port at Matarbarhi Island on the southeast coast of Bangladesh highlights increasing geo-political rivalry fuelled by the United States and its allies as part of Washington’s “pivot to Asia.” The $US3.66 billion project cuts across a long-standing Chinese offer to build deep-water port facilities at Sonadia, only 25 kilometres from Matarbarhi.
The Japanese investment, which also includes a 1,200-megawatt power plant, was confirmed last month by the Japan International Cooperation Agency (JICA). China has said that it was not interested in bidding for the Matarbarhi port and the Sonadia port project looks increasingly unlikely.
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In Bangladesh, roughly one-third of the country, much of which sits only a meter above sea level, goes underwater during monsoon season from June to October.
In those months, roads become inaccessible, crops and schoolhouses are destroyed and commerce stalls. Millions of Bangladeshis are forced to migrate to larger cities to feed their families.
Children suffer acutely during monsoon season. As sea levels rise and seasonal rains become more frequent and intense (scientists expect that 10 to 20 percent of Bangladesh will...
Milk, which is one of the chief sources of calcium, is highly nutritious and constitutes a part of our daily diet in some form or the other. The main constituents of milk are water, proteins, lipids, carbohydrates, vitamins and minerals, which are essential for growth and development.
Milk also contains various biologically active compounds such as caseins and whey proteins. Of the total whey solids, it is estimated that about 75% is lactose. Milk is available as full cream, skim, lactose-free and fat free milk. Condensed and evaporated milk, which can be pasteurized
