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RHD inks deal with consultancy farms for SASEC project

The Roads and Highways Department on Wednesday appointed four consultancy farms for the South Asian Sub-Regional Economic Cooperation (SASEC) Road Connectivity Project. The contract agreement with the farms was signed at a function chaired by Communications Minister Obaidul Quader at his office, reports UNB. SASECThe contract involving over Tk. 104 is effective for 53 months. RHD Chief Engineer Mafizul Islam, Kunhwa Engineering & Consulting Co. Ltd (top consultant) chairman Hwang Kwang Ung, E...

US to shift Bangladesh aid away from politicians

 The United States said Tuesday it will curtail aid that benefits Bangladeshi politicians and redirect it to address labor and other concerns amid frustration over the country's prolonged political infighting. Nisha Biswal, the assistant secretary of state for South Asia, reiterated US calls for new elections after a January 5 vote boycotted by the opposition. She also urged Bangladesh to make greater strides in factory safety following a series of horrific disasters. nisha biswal

BSF to deploy women constables along Bangladesh border

Border Security Force (BSF) will deploy women constables next week along the 856 km long border with Bangladesh to stop smuggling by the women from other side of the border, official sources said on Monday. “A contingent of 27 women constables have already arrived here two weeks back and are undergoing three weeks familiarisation training, and after completion of the training, they would be deployed along the border,” BSF DIG B S Rawat told the media. bsf womanHe said they might now be operating from the bat...

India keen to have new waterways with Bangladesh

India will soon ask Bangladesh for new waterways, a move that would facilitate the movement of goods and machinery between the two countries, officials said. “The proposed waterways between the northeastern states of India and Bangladesh would boost the trade and economy between the two countries,” a top central government official told a news agency, not wishing to be identified. The waterways would be rivers with developed navigation facilities for smooth movement of vessels. bd-indiaIndia and B...

Bangladesh key economic indicators – Feb 11

DAILY INDICATORS

Monday Previous Taka/US $ (inter-bank) 77.75-77.75 77.75-77.75 Call money rate (inter-bank) 06.00-07.75 05.00-08.00 Dhaka Stock Exchange index 4,797.97 4,822.72 --------------------------------------------------------------- indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Jan. 7.50 7.35 M2 supply (bln taka) (BB) Nov. 6,425.75 6,403.17 Forex reserves ($bln)(BB) Jan. 18.12 18.07 Exports(FOB) ($mln)(BB) Dec. 2,726....

US assistance for Bangladesh will continue

The newly-appointed Mission Director of the United States foreign assistance outlet, USAID, to Bangladesh, Janina Jaruzelski, today said her government would continue to assist Bangladesh “at the same level as before”. “There is broad consensus in Washington that USAID should continue aid to Bangladesh, regardless of the political situation,” she told a press conference at the AmericanCenter here, reports BSS. Bangladesh receives about $200m in aid, bilaterally, from the United States on an average year. The same amount will be available in the current year and also in future, she assured the audience.
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