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Bangladesh

Chinese Sinohydro hid info in Padma bid    

Chinese company Sinohydro, which might bag the contract for $780 million Padma river training, has admitted to the government that it is under temporary suspension by the World Bank over an accusation of fraud. The company held back this information while placing its financial bid for the river training work of the Padma Bridge Project on June 19. Backed by an influential political lobby, Sinohydro offered a price of around Tk 8,778 crore, about Tk 4,000 crore less than the sums quoted by the other two bidders—Korean Hyundai and Belgian Jan De Nul. padma bridge

Govt borrows Tk 3,400cr from banks in first 15 days of FY15

The government’s borrowing from the banking system increased by 1,956.60 per cent in the first 15 days of this financial year compared with that in the same period of the FY14 as it took huge amount of loans from the banking source to pay salaries and festival bonus to its employees. The borrowing from the banks by the government stood at Tk 3,384.56 crore until July 15 against only Tk 116.57 crore the government borrowed in the same period of the FY14, according to the latest BB data, reports the New Age. The government borrowing from the banking sector declined by 67.64 per cent in the recently concluded FY14 compared with that of a rise by 14.50 per cent in the FY13 due to a slower pace in implementation of the government’s development works amid political unrest.

Farmers’ acquittal over shooting Bangladeshis sparks outrage in Greece  

A Greek court’s decision to acquit local farmers who admitted shooting 28 Bangladeshi strawberry pickers when they dared to ask for months of back pay has sparked outrage in the country, The Guardian reports. Politicians, unionists and anti-racist groups roundly condemned the verdict describing it as a black mark for justice in a case that had shone a light on the appalling conditions in which migrant workers are often kept in Greece. “I feel shame as a Greek,” said the victim’s lawyer, Moisis Karabeyidis, after the tribunal in the western port city of Patras, delivered the shock ruling. “This decision is an outrage and a disgrace … the court showed an appalling attitude toward the victims.” [caption id="attachment_8405" align="alignleft" width="300"]

Bangladesh first time allows FCI to use its port for Tripura

For the first time an FCI consignment will enter Tripura using Ashuganj river port of Bangladesh, a senior official said today.  About 5000 tonnes of foodgrains, dispatched by the Food Corporation of India (FCI) from Kakinada port in Andhra Paradesh, has reached Ashuganj river port in Bangladesh for entry into Tripura, Chief Secretary S K Panda said. Bangladesh-firs39758“FCI officials informed that the consignment of foodgrains have reached Ashuganj port. Unloading of the foodgrains and transportation by trucks for Trip...

Bangladesh plane catches fire at Nepal , passengers safe  

A Bangladeshi aircraft caught fire while landing at Kathmandu’s Tribhuvan International Airport (TIA) Monday afternoon, officials said. bimanAirport police said the wheels of Biman Bangladesh Airlines flight BG702 caught fire when it touched down at the airport at around 2 p.m., Xinhua reported. Fire fighters at TIA soon brought the minor fire under control and the passengers were evacuated. “The aircraft has now been parked at the airport’s hangar and its scheduled return to Dhaka at 3.10 p.m. has been cancelled,” a high level source at the TIA told Xi...

Bangladesh moves ahead in human development  

Bangladesh has improved one step in Human Development Index (HDI) to rank 142 globally, up from 143, as per the Human Development Report 2014. The United Nations Development Programme (UNDP) released the report on its website on Thursday. Economic Relations Division (ERD) secretary Mohammad Mejbahuddin launched the report while UNDP country director Nick Beresford and additional country director KAM Morshed jointly made a presentation on the report. PositiveBangladeshBangladesh is among the 18 countries globally which...
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