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Best Western sees Bangladesh key growth market

The US-based hotel company, BEST WESTERN International is looking south, as it continues its fast-paced Asian expansion. The company, which operates more than 4,000 properties around the world, has identified the South Asian countries of Sri Lanka and Bangladesh as key growth markets. Sri Lanka welcomed one million international visitors for the first time in 2012, and is targeting 2.5 million arrivals by 2016. To cater for this rapid growth, Best Western has already announced plans to launch its first hotel in the country - a 60-room Best Western mid-scale property in Colombo, which is expected to open in the next few months, reports the Nation.

Pvt oil-fired power plants seek permission to import fuel

Two dozen privately owned oil-fired power plants in Bangladesh have asked the government for permission to import petroleum products to use for electricity generation, a senior energy ministry official said Wednesday. The plant owners have objected to the quality of fuel currently being supplied to them by state-owned Bangladesh Petroleum Corp., which imports required oil products for the privately owned power plants. power plantThe ministry official, who asked not to be named, said the plants amounted t...

Govt puts LNG terminal project on fast-track route

The government has put the country's first LNG import terminal project on a fast-track route for implementation on a priority basis, to ease the country's energy crisis and accelerate economic growth, said Petrobangla Chairman Hussain Monsur. The first meeting of the Fast Track Project Monitoring Committee, chaired by Prime Minister Sheikh Hasina, held in Dhaka on Wednesday identified the project as fast-track one, among others. petro banglaDuring the meeting, the prime minister directed the Energy and...

Will water constrain energy future?

Energy and water security are crucial to human and economic development. The two resources are now more interconnected than ever—significant amounts of water are needed in almost all energy generation processes, from generating hydropower, to cooling and other purposes in thermal power plants, to extracting and processing fuels. Conversely, the water sector needs energy – mainly in the form of electricity – to extract, treat and transport water. Both energy and water are used in the production of crops, including those used to generate energy through biofuels. But energy and water resources are under unprecedented pressure, and there is growing competition for their use from people, industries, ecosystems, and growing economie...

Sundarbans, the beautiful Bangladesh

THE men from a village of beautiful Bangladesh were shouting, beating the ground with long sticks.

Crouching down, growling and marauding, is not a royal bengal tiger but one of their own.

It’s just past dusk and the band of villagers - a bit like volunteer rural firefighters - are demonstrating how they balance protecting the endangered bengal tiger, the national animal of Bangladesh, with safeguarding the village community. We’re in the Sundarban of Bangladesh - a vast natural wonderland seen by few Westerners. The UNESCO World Heritage Site is the largest mangrove forest-wetland in the world and is populated by hundreds of bird and fish species, reptiles, deer and dolphins - an...

New Zealand business group carps buying ferry from Bangladesh

There is mounting criticism of the New Zealand Government for getting the 60-seat boat built cheaply in Bangladesh instead of the country. A business group says the process for buying a new ferry from Bangladesh with aid money was flawed from the beginning. The Ministry of Foreign Affairs and Trade (MFAT) of New Zealand commissioned the aid-funded ferry for $8 million to replace a vessel linking the New Zealandterritory of Tokelau to Samoa with fortnightly sailings. FerryKim Campbell, chief executive of the Northern Employers and Manufacturers As...