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Deep-sea port deal: Govt prefers China-led consortium  

At least five local and regional factors played a decisive role why Bangladesh changed its stand on signing the Sonadia deep-sea port agreement at the last minute before prime minister Sheikh Hasina set off for China last week. As a number of countries, including United Arab Emirate, India and Germany were vying to secure the multi-billion dollar contract for the deep-sea port, Dhaka opted for a consortium financing model led by China to accommodate others to construct the mega infrastructure, sources involved in the process said. china BDHasina’s sc...

Bangladesh allows transit of foodgrain to northeast India

In a highly significant move that was evidently cleared at the highest level, Bangladesh is allowing India to ferry foodgrain to the landlocked northeastern states using its territory and infrastructure. "To begin with, the Bangladesh government has under a special transit facility agreed to transport 10,000 tonnes of foodgrain for Tripura via its territory," Tripura's Principal Secretary (Food, Civil Supplies and Consumer Affairs) B.K. Roy told IANS. "After getting a green signal from the Bangladesh government, the FCI (Food Corporation of India) initiated the process of transporting foodgrain and essentials using the Ashuganj river port (in eastern Bangladesh) and the roadways connected to the northeastern states."

US assures continued support to RMG

The United States has assured continued support for further development of Bangladesh’s RMG sector and acknowledged the progress already made in the areas of labour rights and factory safety. The assurance came during Commerce Minister Tofail Ahmed’s meetings with the US officials in Washington on Wednesday, according to Bangladesh Embassy in Washington. SAMSUNG CAMERA PICTURESTofail Ahmed held separate meetings with US Trade Representative Michael Froman, Congressman Sandy Levin, high officials from the Department of State as well as Department of L...

Equitable allocation for water, sanitation sector stressed

An analysis of government budget sees a declining trend of allocation in water, sanitation and hygiene (WASH) for last five years. The allocation in FY 2010-11 was 2.39 percent of the total budget that disappointingly came down to only 1.64 percent in FY 2013-14. In FY 2014-15 under the local government division, out of 199 projects, only 45 (22%) projects found to be proposed for water sanitation and hygiene sector. 3 D R U-1Although the ‘urban vs rural’ disparity in allocation has slightly been minimised in FY 2012-13 in comparison to prev...

Well-planned urbanization stressed in city seminar

Housing Minister Engineer Mosharraf Hossain, MP said, well-planned urbanization is always a priority issue for the ruling govt. Taking huge population growth over the last couples of years in capital Dhaka and other important cities like Chittagong, Khulna, Rajshahi, Sylhet etc. into serious consideration, the Govt. is planning to gradually establish more satellite towns like Purbachal, Jhilmil in and around Dhaka and other metropolitan cities. image002Engr. Mosharraf also stated that keeping scarcity of lands in mind, the Govt. is planning to...

Chinese entrepreneurs urged to relocate factories to BD

Prime Minister Sheikh Hasina on Tuesday urged the Chinese entrepreneurs to relocate their factories to Bangladesh to avail themselves of competitive and affordable wages of Bangladesh’s young and energetic workforce. “Since the costs of production of certain products in China are increasing, the factories producing those items can be relocated to Bangladesh where the costs are a lot cheaper, particularly due to the very competitive and affordable wages of Bangladesh’s young and energetic workforce,” she said. sheikh-hasina2Hasin...
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