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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...

Iran nuclear agreement ‘reached’

A deal on limiting Iran’s nuclear programme in return for the lifting of sanctions has been reached at talks in Vienna, diplomats say. [caption id="attachment_18138" align="alignright" width="750"]iran_nuclear Palais Coburg, the venue for nuclear talks, is seen behind a street sign in Vienna, Austria, July 13, 2015. Iran and six world powers appeared close to a deal on Monday to give Tehran sanctions relief in exchange for limits on its nuclear programme, but Iranian officials said talks could run past their latest midnight deadline and success was not guaranteed....

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.

Cash crisis in Greece affecting ordinary people

Lettuce farmer Andonis Vezyroglou is suffering from the effects of the Greek debt crisis, first hand. “We expected some drop in sales,” he says. “But we did not have a clue what it would mean.” [caption id="attachment_18093" align="alignright" width="648"]greece_atm-800x533 Athens, Greece. 27 June 2015 — People line up at an ATM outside a branch of Piraeus Bank, in Athens. Photo by Alexandros Michailidis. Copyright Demotix[/caption] So far, his sales have dropped between 20 and 25 percent in the past week, and he has no idea how much fu...

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...
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