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Bangladesh

3 deals, one MoU signed with Cambodia

Bangladesh and Cambodia on Tuesday signed four instruments including three agreements and a Memorandum of Understanding (MoU) in a bid to further boost bilateral ties especially in the fields of trade, industry, agriculture and culture. BD-cambodiaPrime Minister Sheikh Hasina and visiting Cambodian Prime Minister Hun Sen witnessed the signing of the instruments at the Prime Minister’s Office after the official talks. The first agreement on the Establishment of a Joint Commission for Promoting Bilateral Cooperation between Bangladesh a...

ADB lauds Bangladesh for steady growth, poverty reduction

Visiting Asian Development Bank (ADB) President Nakao praised Bangladesh for its strong economic growth in recent years, and achievements in poverty reduction and other areas of social development. The appreciation came when the visiting ADB President Nakao called on Prime Minister Sheikh Hasina and Finance Minister Abul Maal A.Muhith, and discussed the continuation of the four-decade partnership between Bangladesh and the Manila-based lender on Sunday, reports Xinhua. adb1ADB chief arrived in Dhaka on Saturday on a three-day visit to discuss more a...

Modi govt to stand by promises to Dhaka

Underscoring that the new political leaderships would be business-oriented, Indian envoy to Bangladesh Pankaj Saran has hinted that the Narendra Modi government will be committed to not only maintaining friendly ties with Dhaka but also building a “momentum of the relationship”. bd-indiaIn an interview to an online newspaper, which was telecast by a private TV channel on Friday, he said this was made clear when the Speaker of the Bangladesh Parliament Shirin Sarmin Chowdhury met Mr. Modi on the day he took over as Prime Minister of India. The High Com...

Per capita loan stands at about Tk 12,700

Finance Minister AMA Muhith has said each citizen of Bangladesh carries foreign loan of nearly Tk 12,700 (US $162.2). LoanThe amount of foreign credit taken by Bangladesh on June 30 last year was Tk 195,146 crore (US $ 24,907 million), he told Parliament on Thursday replying to a starred question from Ayen Uddin MP of Rajshahi-3. In the 2012-13 fiscal year, Bangladesh paid some Tk 2148 crore against the interest of the foreign loans, while paid back Tk 27,545 crore as principal amount from the loans.

-UNB

Bangladesh allows transit of foodgrain to northeast India

In a highly significant move that was evidently cleared at the highest level, Bangladesh is allowing India to ferry foodgrain to the landlocked northeastern states using its territory and infrastructure. "To begin with, the Bangladesh government has under a special transit facility agreed to transport 10,000 tonnes of foodgrain for Tripura via its territory," Tripura's Principal Secretary (Food, Civil Supplies and Consumer Affairs) B.K. Roy told IANS. "After getting a green signal from the Bangladesh government, the FCI (Food Corporation of India) initiated the process of transporting foodgrain and essentials using the Ashuganj river port (in eastern Bangladesh) and the roadways connected to the northeastern states."

US assures continued support to RMG

The United States has assured continued support for further development of Bangladesh’s RMG sector and acknowledged the progress already made in the areas of labour rights and factory safety. The assurance came during Commerce Minister Tofail Ahmed’s meetings with the US officials in Washington on Wednesday, according to Bangladesh Embassy in Washington. SAMSUNG CAMERA PICTURESTofail Ahmed held separate meetings with US Trade Representative Michael Froman, Congressman Sandy Levin, high officials from the Department of State as well as Department of L...
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