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Dhaka underground rail alongside metro rail

The government is planning an underground rail network, alongside the metro rail project in Dhaka in a bid to ease the traffic. Prime Minister Sheikh Hasina ordered the Planning Commission on Thursday to ready a project for this, Planning Minister AHM Mustafa Kamal said after ECNEC meeting. Underground-raikl“We’ll conduct a survey soon in this regard. Later, a project will be prepared based on the results,” he said. However, the plan came just after the government is gearing up to metro rail project in Dhaka. He said the go...

Nepal’s parliament elects first female president

Nepal’s parliament elected lawmaker Bidhya Bhandari as the country’s first female president Wednesday, after the adoption of a landmark constitution last month. The former defence minister defeated her opponent Kul Bahadur Gurung by 327 to 214 votes to become the Himalayan nation’s ceremonial head of state. Bhandari, the vice-chair of the ruling Communist Party of Nepal (Unified Marxist Leninist), replaces Ram Baran Yadav, reports AFP. 1st female presidnet of NepalHe was elected as the first president in ...

India to open new waterways with Bangladesh

After Myanmar, India has kicked off the process to open new waterways with Bangladesh, a move that would facilitate the movement of people, goods and machinery between them and hugely help land-locked northeastern India. According to Union Minister for DoNER (Development of North Eastern Region) Jitendra Singh, India is prioritising multi-modal connectivity in the northeastern region, including water connectivity, and already 16 waterway projects, mostly involving Bangladesh, have been approved for this region. “To expedite Prime Minister Narendra Modi’s Act East Policy, multi-modal connectivity in the

BAFEDA 22nd AGM held

The 22nd Annual General Meeting of Bangladesh Foreign Exchange Dealers’ Association (BAFEDA) for the year 2015 was held on Monday the 26th October 2015. Chairman of BAFEDA and Managing Director of Meghna Bank Limited, Mr. Mohammed Nurul DSC_6971Amin presided over the meeting which was attended by the Chief Executives/ Executives of 53 (Fifty three) members banks of BAFEDA and Executives from Bangladesh. The meeting reviewed the over-all situation of inter-bank foreign exchange market and noted with satisfaction that a stable an...

PwC India opens subsidiary in Bangladesh

Audit, tax and consultancy firm PwC India today said it has opened a subsidiary in Bangladesh to cater to the rising opportunities there. The subsidiary will offer services in the advisory and taxation verticals and will be headed by Mamun Rashid, who has been appointed as the partner in-charge, PwC said in a statement. The company, a part of what are referred to as the 'big four', has been operating in Bangladesh [caption id="attachment_20456" align="alignleft" width="634"]PwC was heavily criticised in an investigation by the Commons' Public Accounts Committee PwC ...

Indo-Bangla relationship is firmly footed now, Pankaj

Indian High Commissioner to Bangladesh Pankaj Saran opined that the India-Bangladesh relationship is now firmly footed. India has been with Bangladesh since its struggle for independence and many Indian soldiers have sacrificed their lives in 1971. In addition to being a neighboring country, he said, the history of sacrificing lives of Indian soldiers for Bangladesh’s independence and also the history of common heritage, cultures, traditions, food habits, climate and lifestyles have made both countries very close friend to each other. IBFBPankaj Saran hoped...
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