India downgraded in aviation safety, joins Bangladesh, Indonesia
India has joined countries such as Indonesia, the Philippines and Bangladesh that have a Category 2 rating in aviation safety. US Federal Aviation Administration (FAA) authority has downgraded India's aviation safety rating, citing a lack of safety oversight, meaning the country's carriers cannot increase flights to the world's biggest aviation market and face extra checks for existing ones.
As of November 22, FAA kept 81 of the 96 countries reviewed in Category 1. India had been in Category 1 since 1997, the FAA said in a statement.
Trade boost bid with Biman Bangladesh
Bilateral trade between India and Bangladesh is set for a boost with the decision of Biman Bangladesh Airlines to begin services between Dhaka and Guwahati from July.
The industry today welcomed the decision, saying it would facilitate people-to-people contact and boost trade, primarily in the hospitality and tourism sectors, reports the Telegraph.
“People-to-people contact is a must for trade relationships to thrive. Confederation of In...
“People-to-people contact is a must for trade relationships to thrive. Confederation of In...
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.
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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.
The ministry official, who asked not to be named, said the plants amounted t...
The 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.
During the meeting, the prime minister directed the Energy and...
During 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...
