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Nation observs 44th Victory Day  

The 44th Victory Day of Bangladesh is being observed today with due solemnity and rich tributes paid to the martyrs of the Liberation War of 1971. The day commenced with a 31-gun salute followed by rich tributes of President Abdul Hamid and Prime Minister Sheikh Hasina at National Mausoleum in Savar in the early hours. A colourful parade heralded the day, which began at 10:00am, in participation of freedom fighters, members of armed forces and other law enforcing agencies. PositiveBangladeshPresident Abdul Hamid atten...

German loan for modernising power transmission

The German government on Monday signed an agreement with Bangladesh to provide funds for the energy transmission sector. The KfW (German Development Bank) signed the deal on behalf of its government. Bangladesh-GermanyThe German Development Cooperation will provide grant funds of about €320 million to support renewable energy and energy efficiency of the power sector in Bangladesh. From this fund, a Financing Package of €60 million (comprising of €15 million grant and a promotional loan of €45 million) was signed bet...

Comfortable win for Japan ruling coalition

Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) has won a decisive victory in Sunday’s elections to the lower house of the Japanese parliament. Together with its coalition partner, the Buddhist-backed Komeito party, the new government has secured a super majority of 326 seats in the 475-strong House of Representatives. [caption id="attachment_11352" align="alignleft" width="233"]Japan's PM Abe leaves a news conference following a victory in the lower house elections by his ruling coalition in Tokyo Japan's Prime Minist...

Olam offers wheat at $268.47/T in Bangladesh import

Olam International made the lowest offer of $268.47 a tonne to sell 50,000 tonnes of wheat to Bangladesh in a tender, an official from the state grains buyer said on Monday. Five bidders took part in the tender, the second issued by the government’s grain purchasing authority in the current fiscal year which started in July. wheatThe offer from the Singapore-based trading firm, which includes freight, insurance and other expenses, was lower than the lowest offer of $270 a tonne from Glencore in the previous tender last month. Olam’s offer will be submitt...

German wants ‘open’ debate about immigration

The German government says it wants a debate about immigration but adds there’s no place in the country for those who incite hatred against religious or ethnic minorities. german immigrationAnti-Islam rallies in German cities have been growing in recent weeks. More than 10,000 people are expected to attend such a protest Monday in Dresden. Members of Germany’s far right have been among the protesters. Government spokesman Steffen Seibert told reporters Monday that those demonstrating should “think about who they are joi...

SA countries growth would continue at 6-8pc

Speakers at ICAB seminar on Sunday, 14 December 2014 predicted 6 to 8 per cent economic growth in South Asia countries. Market integration, rise of the middle class, human mobility and high remittances are the key drivers that contributed to this growth, they said. Members ConferenceThe Institute of Chartered Accountants of Bangladesh (ICAB) organized the seminar on   “South Asian Economies: The Growing Power” at its auditorium in the city. Dr. Ahsan H. Mansur, Executive Director, Policy Research Institute of Bangladesh co...
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