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Too soon to celebrate TNB’s Bangladesh job

MIDF Research is positive on Tenaga Nasional Bhd’s (TNB) plans to develop a 1,320MW coal-fired power plant in Bangladesh but cautioned that the project could see further delay. TNBIt noted that the project has been in the pipeline since 2012 when TNB was picked to partner Bangladesh Power Development Board (BPDB) to build the power plant in Cox’s Bazar, Bangladesh. Back in 2012, TNB and BPDB proposed to build the plant on a 50:50 basis at a cost of US$2.5 billion (RM7.525 billion) but the project has not taken off since. “On this note, we do not rule out th...

Govt poised to request bids for telecom satellite project

The Bangladesh National Economic Council’s approval of the long-delayed Bangabandhu 1 telecommunications satellite appears to hinge on successful negotiations for the long-term lease of another nation’s orbital slot given the obstacles to using a Bangladesh-registered position, government and industry officials said. telecomAfter several years of attempts to coordinate one of its several orbital positions, especially at 69 and 102 degrees east longitude, Bangladeshi authorities have now turned toward the 26-nation Intersputnik organization of Mo...

Bangladesh activists support Jadavpur students

Activists in neighbouring Bangladesh, including leaders of the Shahbag movement, have expressed solidarity with the agitating Jadavpur University students here. The protests, under the banner of ‘Hok Kolorob’ (Let there be shouts), began Sep 17 when university authorities allegedly ordered a police crackdown to break up a peaceful sit-in of students pressing for an independent investigation into an alleged molestation of a woman student inside a hostel last month. stop_women_abuseThe protest tag ‘Hok Kolorob’ that is trendin...

Dhaka, Colombo exploring possibility of FTA

As bilateral trade jumped by 67%, Sri Lanka and Bangladesh have begun exploring the possibility of a historic Free Trade Agreement (FTA). And while it would be the first ever FTA for Bangladesh, for Sri Lanka, it is no less than a single entry-point for a huge regional economic corridor. “There are so many sectors where both countries have their own comparative advantages-in some Sri Lanka is strong, in some others, Bangladesh is strong. I bd-Lankahope that this Free Trade Agreement-at least, the possibility of signing it, will bring the two co...

NBP President to visit Bangladesh from tomorrow

The President of National Bank of Pakistan (NBP), Mr. Syed Ahmed Iqbal Ashraf will pay a visit to Bangladesh on a four days official tour starting from Wednesday (September, 24th 2014). NBP PrsidentDuring his visit he will have a courtesy call to the honourable Governor of Bangladesh Bank and heads of other banks of Bangladesh. National Bank of Pakistan is the largest state owned commercial bank in Pakistan. On this auspicious moment we pledge to serve and proud to join the economic activities in the Brother Country Bangladesh. Mr....

Dhaka should focus on high-end finished goods for exports

To bridge the trade gap with Malaysia which is now heavily in favour of the Southeast Asian country, Bangladesh needs to concentrate on high value and high-end finished products through export diversification, said the Malaysian envoy here on Monday. “We need high value and high-end finished products (from Bangladesh),” Malaysian High Commissioner in Dhaka Norlin Othman told a ‘Meet-the-Press’ programme at the Jatiya Press Club. Envoy malaysiaThe diplomat also suggested the exporters to diversify their products what they are cur...
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