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Bangladesh

30 missions fail to achieve July-Feb export targets

30 missions fail to achieve July-Feb export targets out of 53 Bangladesh missions abroad have failed to achieve their respective export targets for the first eight months (July-February) period of the current fiscal year 2014-15, reports UNB The key Bangladesh missions like the ones in Washington, Berlin, London, Paris, export-importMadrid, Ottawa, Rome and the Hague have failed to achieve their July-February export targets while some other important missions like Stockholm, Tokyo, Riyadh, Canberra and New Delhi have been able to rea...

Mystery has opposition on edge in Bangladesh

A jittery silence has fallen over the street where Salahuddin Ahmed, a top official of the opposition Bangladesh Nationalist Party, is believed to have been abducted a month ago. The caretaker who opened the compound gate to a group of men, and told several journalists they identified themselves as police detectives, can no longer be found, friends on the street say. Neither can the maid who opened the door to the apartment. The owner of Khaleda Ziathe apartment, the deputy managing director of a bank, is also unreachable. “Of course...

India asks patience, trust for Teesta deal

India today asked Dhaka “to have patience and trust” for Teesta water sharing deal in view of the delay in signing of the much-awaited agreement. “Bangladesh and India need to wait…I think we have to wait for a solution to emerge and it, when emerges, naturally has to depend on mutual acceptability of both countries,” said Indian envoy in Dhaka Pankaj Saran at a diplomatic talk today. ps-450x300Voicing some principles on the basis of which any agreement regarding Teesta will have to take place, the Indian high commissioner said any for...

Economic zone in Bangladesh can boost Chinese FDI

The foreign direct investment (FDI) by China in Bangladesh can witness a phenomenal boost with an economic zone in place for Chinese investors, said new Chinese envoy Ma Mingqiang. “There could be a 50 per cent increase [in FDI],” said Mingqiang, adding, “Private companies are investing everywhere. If they are confident enough and are not left alone, they will be coming in more numbers.” BD_CHINADhaka has already cleared allocation of a separate economic and industrial zone in Chittagong for Chinese investors. Talking with senior journa...

Cabinet approves revised trade deal with India

Bangladesh Cabinet has approved a revised trade deal with India under which the two nations would be able to use each other’s land and water routes for sending goods to a third country, removing a long standing barrier in regional trade. bd-india“This is a huge achievement for Bangladesh...Under the agreement we (Bangladesh) will now be able to use Indian, roads, railways and waterways in transshipment of goods to Bhutan and Nepal,” Cabinet Secretary M Musharraf Hossain Bhuiyan told reporters today about the overnight development. He said u...

BD needs to improve investment climate, infrastructure: UK

The United Kingdom has said Bangladesh needs to improve its investment climate, infrastructure and the skills of its labour force to grow and absorb the two million new entrants into the labour force each year. “While the garment sector will always remain important, uk dfiddiversifying into other sectors is also necessary,” said Mark Lowcock, UK Permanent Secretary for the Department for International Development (DFID) emphasising improved infrastructure, investment climate and the skills of its labour force, reports UNB. Talking to UNB, Lo...
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