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Bangladesh

Study on EEZ by Indian institute in October

Indian scientists along with their Bangladeshi counterparts will study the waters in Exclusive Economic Zone (EEZ) of Bangladesh which they claimed will be the “first ever” study in the region. Goa-based National Institute of Oceanography (NIO), which has signed a Memorandum of Understanding (MoU) with Dhaka University on various ocean research fronts, will take this historic cruise to the EEZ in October this year. india_nio-goa-india“We are going to have a major cruise in North Bay of Bengal within the EEZ of Bangladesh in Oc...

BD’s prospect of regional transportation hub bright

One of the easiest ways to boost sustainable growth is promoting regional economic integration that facilitates freer movement of goods, services and investment, helping to achieve regional developmental objectives by creating jobs, according to the editorial of the current ICCB News Bulletin of International Chamber of Commerce-Bangladesh released today. The geographical location between three major regions of Asia —South Asia, South East Asia and East Asia—provides a unique opportunity for Bangladesh to take advantage from cross-border movement of goods and services and investment flows.

Cocaine smugglers turn to India, BD for new routes, markets

Police who seized Asia’s largest known shipment of liquid cocaine at a Bangladeshi port late last month say it was headed for India, the latest sign that drug cartels are increasingly plying their trade in South Asia. It isn’t clear whether India was the final destination for the cocaine, worth as much as $14 million, or whether it was a transit point for other markets in Asia and Europe. “They wanted to redirect it to India when it got stuck at Chittagong,” Bangladeshi police official CocaineAFPMohammad Kamruzzaman said. Kamruzzaman said they ...

Bangladesh woes weigh down on Iris Corp

Iris Corporation Bhd, which had been recently contracted to issue machine readable passports (MRP) in Bangladesh, has posted a pretax loss of RM17.04 million for the year ended March 31, 2015 – down from a pretax profit of RM35.09 million last year. Alongside the heavy decline in profit, its revenue fell to RM564.49 million from RM573.24 million previously. passport BdAccording to its Bursa filings, the weak performance was due to the pre-operating costs in relation to its Bangladesh MRP outsourcing project – which faced challenges earlier thi...

President sends notes to Qatar- Emir

The Emir Sheikh Tamim bin Hamad al-Thani of Qatar has received a written message from the President of Bangladesh Abdul Hamid, pertaining to bilateral relations and ways of enhancing bd -qatarthem. The message was received by the Assistant Foreign Minister for Foreign Affairs Mohamed bin Abdullah al-Rumaihi when he met the ambassador of Bangladesh to Qatar Sayyed Massoud Mahmoud Khandoukar yesterday. -MENAFN - Gulf Times

7th Plan aims at faster poverty reduction, LCG told

The government in its upcoming 7th Five Year Plan aims at a faster pace of poverty reduction through higher GDP growth and better income distribution. It was stated at the Local Consultative Group Plenary Meeting held today at the NEC Conference Room here, reports BSS. 7th PlanThe Economic Relations Division (ERD) organized the meeting to share the core outlines and features of the 7th Five Year Plan with the development partners, said a press release. Finance Minister Abul Maal Abdul Muhith was present at the meeting as ch...
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