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New India-Bangladesh railway link from 2015

The governments of India and Bangladesh will start work early next year on a new rail link to ease surface transport, officials said here Tuesday. India will build a 15-km railway tracks linking Tripura’s capital Agartala with Bangladesh’s southeastern city of Akhaurah, an important railway junction connected to Chittagong port, resource-rich Sylhet and Dhaka. An Indian delegation and a Bangladeshi team attended the third meeting of the Agartala-Akhaurah railway link project steering committee here Tuesday. They will Wednesday go for a field inspection on the Indian side. “The work for new Agartbd-indiaala-Akhaurah railway link...

Regus provides investment boost to Bangladesh economy

Regus, the global flexible workplace provider, has expanded its network to an unparalleled 103 countries, adding Bangladesh to its network. To maximise the convenience for businesses, it has entered the market in two key commercial districts in Dhaka. The launch in Bangladesh will help local and foreign companies invest in this fast-developing economy, and support efforts to attract FDI. It also extends Regus' reach in Asia Pacific. regusThe two centres are at the UTC Building, in Karwan Bazaar, and Crystal Palace, on Gulshan South Avenue -- both...

Deal inked with Chinese firm for Padma Bridge construction

Bangladesh signed a deal Tuesday with a Chinese company for the construction of around 6.15-kilometre main part of the Padma bridge, which is set to start by November and end by 2018. padma bridgeProject Director Shafiqul Islam and Chairman of China Major Bridge Engineering Company (CMBEC) Lieu Ziming inked the Tk 12,133-crore contract on behalf of their respective sides at Hotel Ruposhi Bangla in the capital this evening. According to the agreement, the government will pay the first installment of Tk 1,820 crore by this month. M...

Ecnec approves 6 projects worth Tk 2,007.68 cr

The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved six development schemes involving Tk 2,007.68 crore including the Tk 828.56 crore ‘​Flood and Riverbank Erosion Risk Management Investment Program (Tranche – I)’. Ecnec1The approval came from the Ecnec meeting held at the NEC conference room in city’s Sher-e-Bangla Nagar with its chairperson and Prime Minister Sheikh Hasina in the chair. Of the six projects approved, four are new while the two others are revised ones, reports UNB. Briefing reporters after the meeting,...

3 deals, one MoU signed with Cambodia

Bangladesh and Cambodia on Tuesday signed four instruments including three agreements and a Memorandum of Understanding (MoU) in a bid to further boost bilateral ties especially in the fields of trade, industry, agriculture and culture. BD-cambodiaPrime Minister Sheikh Hasina and visiting Cambodian Prime Minister Hun Sen witnessed the signing of the instruments at the Prime Minister’s Office after the official talks. The first agreement on the Establishment of a Joint Commission for Promoting Bilateral Cooperation between Bangladesh a...

ADB lauds Bangladesh for steady growth, poverty reduction

Visiting Asian Development Bank (ADB) President Nakao praised Bangladesh for its strong economic growth in recent years, and achievements in poverty reduction and other areas of social development. The appreciation came when the visiting ADB President Nakao called on Prime Minister Sheikh Hasina and Finance Minister Abul Maal A.Muhith, and discussed the continuation of the four-decade partnership between Bangladesh and the Manila-based lender on Sunday, reports Xinhua. adb1ADB chief arrived in Dhaka on Saturday on a three-day visit to discuss more a...
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