Port investment in Bangladesh
Japanese investment in a new deep-water port at Matarbarhi Island on the southeast coast of Bangladesh highlights increasing geo-political rivalry fuelled by the United States and its allies as part of Washington’s “pivot to Asia.” The $US3.66 billion project cuts across a long-standing Chinese offer to build deep-water port facilities at Sonadia, only 25 kilometres from Matarbarhi.
The Japanese investment, which also includes a 1,200-megawatt power plant, was confirmed last month by the Japan International Cooperation Agency (JICA). China has said that it was not interested in bidding for the Matarbarhi port and the Sonadia port project looks increasingly unlikely.
[caption id="attachment_18346" align="alignright" width="612"]
Toshiba chief executive resigns over scandal
Toshiba’s chief executive and president Hisao Tanaka has resigned after the company said it had overstated its profits for the past six years.
He will be succeeded by chairman Masashi Muromachi, with vice-chairman Norio Sasaki also stepping down.
On Monday, an independent panel appointed by Toshiba said the firm had overstated its operating profit by a total of 151.8bn yen ($1.22bn, £780m).
The overstatement was roughly triple an initial estimate by Toshiba.
[caption id="attachment_18310" align="alignright" width="624"]
Toshiba has been facing comp...
Toshiba has been facing comp...
Bangladeshi physicist leads discovery of massless particle
A Bangladeshi physicist of Princeton University led an international team to the discovery of an elusive massless particle theorised 85 years ago.
The particle could give rise to faster and more efficient electronics because of its unusual ability to behave as matter and antimatter inside a crystal, quoting a new research a report was published on the university website.
[caption id="attachment_18307" align="alignright" width="720"]
M Zahid Hasan (pictured) and his research group researched and sim...
M Zahid Hasan (pictured) and his research group researched and sim...
No ban on Bangladeshi workers, says Saudi minister
The Ministry of Labor has not imposed any ban on recruitment of Bangladeshi workers according to Taiseer Al-Mufarraj spokesman of the ministry.
He told an online newspaper that Bangladesh has expressed its readiness to send housemaids to 
the Kingdom. ‘The work to bring workers is continuing and many Bangladeshi women workers reached the Kingdom during Ramadan through various manpower agencies.’
It is expected that the number of Bangladeshi laborers coming to the Kingdom will increase as many manpower agencies...
the Kingdom. ‘The work to bring workers is continuing and many Bangladeshi women workers reached the Kingdom during Ramadan through various manpower agencies.’
It is expected that the number of Bangladeshi laborers coming to the Kingdom will increase as many manpower agencies...
Eid ul-Fitr tomorrow
Eid ul-Fitr, the biggest festival of the Muslim community of Bangladesh will be observed tomorrow. Muslims across country thus observed the last Friday prayers of the month of Ramadan.
Despite the rain, malls were packed — men, women and children, all were finishing last-minute shopping.
Tailors’ machines still sew new clothes frenetically in order to deliver them by Friday night.
A tailor master in a mall in capital Dhaka, Abdul Halim, says: “Most of the pressure we face is in the last week of Ramadan and especially the last da...
A tailor master in a mall in capital Dhaka, Abdul Halim, says: “Most of the pressure we face is in the last week of Ramadan and especially the last da...
Malaysia mulling sourcing maids from Bangladesh
There appears to be no end to the problems surrounding the shortage of foreign maids in Malaysia. Currently, there are some 150,000 foreign domestic helpers working legally in this country, most of them Indonesians and Filipinas.
With the two source nations – Indonesia and the Philippines – having declared their intentions to cease supplying maids to Malaysia, it is high time the government weaned itself off its dependence on those two countries.
With Malaysians generally shunning employment in the domestic help sector, the g...
With Malaysians generally shunning employment in the domestic help sector, the g...
