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Bangladesh

IDB to provide $ 1.2b loan for oil imports

Islamic Development Bank (IDB) will provide Bangladesh with $1.2 billion in loans this year to help finance its oil imports, at cheaper rates than last year when it borrowed more. The IDB will provide the loan at 4.50 percent, lower than 4.65 percent last year, a senior official of Bangladesh Petroleum Corp said on Thursday. IDB logoBangladesh's oil imports are likely to rise to 5.7 million tonnes in 2014 from nearly 5.5 million last year, according to the energy ministry. Last year, the IDB l...

Cattle smuggling creating huge anarchy in Indo-Bangla border

Illegal mass-theft of cattle is a huge problem on the border between India and Bangladesh. Along the largely porous boundary between Bangladesh and the Indian state of West Bengal, cattle-raids and cattle-smuggling, often conducted by criminal gangs, raise hundreds of millions of dollars annually in illicit profits. The activity is so lucrative and dangerous that it often costs the lives of the perpetrators and innocent bystanders. cattle smugglingAccording to a report from Agence France-Presse (AFP), four men suspected of catt...

Government suffers from legitimacy: Hossain Zillur

Post the violent elections in Bangladesh conducted on January 5, the Executive Chairman of the Power and Participation Research Centre (PPRC) and a former advisor to the caretaker government of Bangladesh, Hossain Zillur Rahman, has pinpointed the failures of the elections that were also shunned globally. "The election has led to a parliament whose legitimacy is questionable. The government which is in place now suffers from this legitimacy issue enormously at home and at abroad," said Rahman. hossain Zillur

36 Bangladeshi workers receive dues in Muscat

36 Bangladeshi workers who had been working for a construction firm without regular salaries for more than two years have finally received their dues. As per a Labour Court judgment, each worker has been paid between RO1,000-1,500. They will return once they receive their air tickets, gratuity and after completion of certain legal formalities, reports MENAFN. passport Bd''Our lawyer has asked us to wait for a while before we return home. We have been living in Oman for more than two years. We h...

Dhaka eyes to boost trade with Jeddah through Ctg port

The Bangladesh consulate in Jeddah is working to establish channels of communication between the trading communities in the port cities of Jeddah and Chittagong. A senior delegation is expected to visit the Kingdom soon to explore business opportunities in both countries, said Nazmul Islam, consul general of Bangladesh in Jeddah. Chittagong is a strategic port in Asia and the business hub of Bangladesh while Jeddah is an important port on the Red Sea, reports Arab News. bd-ksaNazmul Islam said that Chittagong is s...

2nd phase Biswa Ijtema kicks off

istThe second phase of Biswa Ijtema, the second largest Muslim congregation after Hajj, began on Friday morning on the bank of Turag River at Tongi on the outskirts of the capital. The Ijtema, being organised by Tablig Jamaat since 1946, will conclude on Sunday. The congregation, also called the World Muslims’ Congregation, started formally with religious sermons of Maulana Jamshed Ali of Bangladesh after Fajr prayers and it will end with Akheri Munajat (concluding prayers) on Sunday. Several lakh Muslims are expected to join the Juma prayers at the Ijtema ...
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