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Bangladesh-China trade gap needs to be paired: PM

Prime Minister Sheikh Hasina on Monday said the trade gap between Bangladesh and China needs to be balanced as Bangladesh wants to achieve prosperity with the help and support of its friends, especially China. “Our trade reflects Bangladesh’s import of goods of over US$6 billion from China and exports of less than half a billion dollars to China. This trade gap needs to be balanced,” she said. sheikh-hasina_25Hasina was delivering her speech at a seminar on Socio-Economic Achievements of Bangladesh in Recent Years and Partner...

State-owned bodies earn Tk 3,022cr profit  

State-owned organisations have witnessed a net profit of Tk 3,022 crore in the first ten months of outgoing fiscal 2013-14, reports BSS. Frequent investment from government and expansion of trade have helped them to boost profit overcoming the trend of losses in the last three consecutive fiscals, according to the Bangladesh Economic Review-2014. The review has also forecast the organisations would deposit Tk 1,017 crore to the national exchequer as the share of profit of the full fiscal year. In addition, during the fiscal, the rate of operational revenue growth of those organisations was 32.47 per cent.

Dhaka rules out anti-Myanmar activities from Bangladesh soil

Dhaka has denied the allegation that anti-Myanmar groups operating from its soil but expressed keenness to look into the matter if Myanmar provides an evidence or specific information, officials said Sunday. They said Dhaka is still keen to push forward the "growing relations" and work closely with the next-door neighbor despite a soldier was killed in a firing on Bangladeshi paramilitary personnel Wednesday, reports Xinhua. "There is no evidence of any anti-Myanmar group operating activities from Bangladesh," the country's Foreign Secretary Md Shahidul Haque told journalists Sunday.

No decision over flag meeting with Burma

Burma and Bangladesh will reschedule talks on the current border crisis after the Burmese delegation rejected proposals at a flag meeting in Maungdaw last week. Maj-Gen Aziz Ahmed, the director-general of Border Guard Bangladesh (BGB), said that no clear decision was made at the border flag meeting and so talks will be scheduled for Naypyidaw in the near future. Burma soldiersAziz said that Burma refused a demand to withdraw its troops from positions close to the common border, and also rejected a Bangladeshi proposal to conduct joint pat...

India, China seek to boost economic ties in New Delhi meeting

India and China discussed boosting economic times and countering terrorism in the first formal talks between the two countries since Narendra Modi was elected the South Asian nation’s prime minister last month. China-IndiaIndia’s Foreign Minister Sushma Swaraj spoke to her Chinese counterpart Wang Yi on attracting more Chinese investment, potentially into industrial parks, Syed Akbaruddin, an Indian foreign ministry spokesman, said today at a briefing in New Delhi. He didn’t specify if the two sides talked about border disputes in their ...

Sushma set to tour Bangladesh this month

The Indian foreign minister Sushma Swaraj is likely to visit Bangladesh this month-end in her what could be her first stand-alone bilateral visit to a South Asian country since assuming charge. She is expected to visit Bhutan with PM Narendra Modi before that. While dates of Swaraj's visit are yet to be finalized, indications are that she will go to Dhaka on June 26. sushma1-620x350 The external affairs ministry spokesman said Swaraj was going to a neighbouring country this month but did not specify the country and the dates. ...
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