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India initiates border survey to end row with Bangladesh

India and Bangladesh have initiated the process to end a five-decade row over a river island in south Tripura. Surveyors of both countries are engaged in demarcating the boundary at Muhurichar, the disputed 66-acre piece of land for which border forces on both sides have fought on numerous occasions in the past five decades. bd-indiaThe surveyors assisted by the Border Security Force (BSF) and the Border Guards Bangladesh (BGB) are marking the border for the past couple of days. “Temporary pillars are b...

Thai Chamber holds 2nd Board meeting

The 2nd meeting of the Board of Directors of Bangladesh Thai Chamber of Commerce & Industry (BTCCI) for the term 2013-2015 was held on Saturday at its conference room in the city. Thai Chamber JPGSajjatus Jumma, President of the chamber presided over the meeting while Rashed Maksud Khan, Former DCCI President and BTCCI Founder President, Zafar Osman, former DCCI President and BTCCI Director, Asif Ibrahim, former DCCI President and BTCCI Director were present on the occasion.  ...

Global piracy drops due to clampdown on Somali pirates: IMB

Piracy at sea has reached its lowest levels in six years, with 264 attacks recorded worldwide in 2013, a 40 percent drop since Somali piracy peaked in 2011, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) revealed on January 15. Just 15 incidents were reported off Somalia in 2013, down from 75 in 2012, and 237 in 2011. somali piratesIMB’s annual global piracy report shows more than 300 people were taken hostage at sea last yea...

Duty waiver on importing raw materials of fibre cable

The National Board of Revenue (NBR) has exempted optical fibre cable manufacturers from paying duties on import of four types of raw materials required for the industry in a bid to protect local producers from the competition with importers of finished product. Local producers got exemption from import duties on all types of raw materials required for the industry as the government provided the waiver for other raw materials in the budget for the current fiscal year, NBR officials said. fibre cableThe re...

India, Pakistan to allow greater trade through land route

India and Pakistan agreed on Saturday to allow round-the-clock movement of trucks and containers through their main border crossing, signalling a thaw in relations after a year's standoff over military tensions on the border. Trade ministers of the two countries meeting in New Delhi also approved a liberalised visa policy for businessmen to help expand two-way trade, which was barely $2.5 billion in 2012/13 fiscal year against a potential $10 billion. Pak-IndiaBoth sides hope closer integration of Pakistan w...

Devon MP calls for dialogue, reconciliation in Bangladesh

Tiverton and Honiton MP Neil Parish, who was an election monitor in Bangladesh for the 2008 General Election, has called for political dialogue and reconciliation following widespread election violence in Bangladesh. He was speaking during a backbench business debate on the current situation in Bangladesh held in the House of Commons. [caption id="attachment_2808" align="alignleft" width="300"]Devon MP Neil Parish, right, was an election observer in Bangladesh in 2008[/caption] Mr Parish previously acted as...
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