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Transformative projects need to be prioritized: SFYP Review

The mid-term review of the Sixth Five-Year Plan (SFYP) for 2011-2015 has suggested the government to identify the highest transformational projects and complete those first instead of spreading resources thinly on too many projects. It cited some examples of transformative projects that need to be prioritised and fully resourced include the Dhaka-Chittagong four-lane project, double tracking of the Dhaka-Chittagong Railway, the Padma Multipurpose Bridge Project, completion of the two Bibiyana gas field based large power plants and the Dhaka metro rail. lane

India to launch shipping service to Myanmar, Bangladesh

India will soon launch regular shipping service to Myanmar and Bangladesh, a move that would help strengthen ties with the two immediate neighbours. While Shipping Corporation of India (SCI) is likely to start fresh shipping lines to run container ships between India and Myanmar in October, sources said commercial trial run of vessels on India-Bangladesh coastal routes will begin in the same month. Officials said that the regular coastal shipping between Bangladesh ports and India’s eastern ports such as Paradip and Haldia may commence by this year-end. ship brea...
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New law to enforce building code

Housing and Public Works Minister Engr Mosharraf Hossain on Thursday said that a new law will be enacted to enforce the updated Bangladesh National Building Code. He made the remark at a seminar in the capital on Thursday morning. images-17The seminar, titled ‘Sharing of Updated Bangladesh National Building Code (BNBC)’ was organised by  Housing and Building Research Institute (HBRI), with support from NARRI (National Alliance for Ri...

BD-Myanmar FOC Sunday

The eighth round of secretary-level Foreign Office Consultation (FOC) between Bangladesh and Myanmar begins here on Sunday through which both sides will try to boost ‘trust’ and discuss all the pressing issues. A seven-member delegation, led by Myanmar Deputy Minister for Foreign Affairs U Thant Kyaw, is scheduled to arrive here on Thursday night on a four-day visit to attend the FOC, a senior official at the Foreign Ministry told UNB on Wednesday, UNB reports. BD-MymForeign Secretary M Shahidul Haque and Thant Kyaw will lead Bangladesh and Myanmar sides...

11 arrested over ‘uranium’ sale

Police arrested 11 people Sunday suspected of trying to sell fake uranium as part of an elaborate scam, officials have said. In a series of raids in Dhaka on Saturday, police swooped on the gang and recovered a leather box marked “USSR” containing what some members of the group described as uranium, a senior officer said on Sunday. arrestDhaka Metropolitan Police spokesman Masudur Rahman told the AFP news agency that police would send the hundreds of small objects similar to medical pills inside the box to Bangladesh’s Atomic Energy Commission for testin...

Trade deficit narrows in FY 2013-14

Bangladesh Bank official said that the country's trade deficit narrowed in the last financial year which ended in June led by exports increase, Xinhua reported. bbTrade deficit in the last fiscal year 2013-14 (July 2013-June 2014) narrowed 3 percent to USD6.81 billion compared to a year earlier, said the Bangladesh Bank (BB) official. The country's import payment was USD36,571 billion, up 8.92 percent in the last fiscal year while earnings from exports stood at USD29,765 billion U, up 12.04 percent during the same period.
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