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BGB opposes construction activity in Tripura border

Bangladesh Border Guard (BGB) troopers have opposed the construction of a culvert, creating tension along the India-Bangladesh border in Tripura, an official said here Tuesday. “When the workers were building a culvert adjoining a bridge in bordering Belonia town (in southern Tripura) Monday, the BGB jawans threatened to open fire unless the erection of the culvert was stopped,” said an official of the south Tripura district administration. BGBLocal people immediately launched a road blockade i...

Bangladesh to be 3rd in league table of death penalty

Bangladesh will be catapulted to third in the league table of death penalty countries, behind Iran and China if the executions of 152 border guards to death over ‘2009 mutiny’ are carried out, a process that was slammed by Amnesty International and Human Rights Watch, amongst others. In young and developing democracies like Bangladesh, the imprisonment of dissenting voices is commonplace, but not unsurprising. Yet it is the incendiary act of executing high-level opposition leaders before an election which risks plunging Bangladesh into turmoil. Criticism of legal processes aside, it is this challenge to the very fundamentals of a modern democracy that must concern all.

Bangladesh key economic indicators – Dec 3

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 05.50-07.75 Dhaka Stock Exchange index 4,197.92 4,147.21 ------------------------------------------------------------ indicatorMONTHLY CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Oct. 7.03 7.13 M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35 Exports(FOB) ($mln)(BB) Sept. 2,590.24...

Thai police no longer use force to defend protesters

Thai police have allowed opposition protesters through barricades outside the government and metropolitan police headquarters, sharply easing tensions after two days of violent clashes aimed at ousting Prime Minister Yingluck Shinawatra. The reason for the sudden thaw in hostilities on Tuesday was not immediately clear but it came after police said they would no longer use force to defend their Bangkok headquarters from thousands of anti-government protesters who marched on the high-profile target. Demonstrators were allowed to approach the perimeter fence of Government House with no resistance from security forces. Dozens of protesters also streamed into the police building where they were seen shaking hands with officers. ...

India concerned over Bangladesh buying submarines from China

India is concerned with Bangladesh’s decision to order to buy two submarines from China. There are also indications that Chinese submarines have been sneaking into Indian territorial waters in the Bay of Bengal undetected. These developments have led to the Eastern Naval Command seeking more presence in the Bay of Bengal region. “Why would Bangladesh need submarines? This decision by the government there and the ongoing strife in the country is a matter of concern for us. We also suspect that Chinese submarines are sneaking into Indian territorial waters in the Bay of Bengal region, though none has been detected as yet. This is reason enough for greater naval presence in the region. At the moment, India isn’t really prepared fo...

Nobody has right to destroy RMG sector, businesses meet PM

“Nobody has the right to destroy the RMG sector. It is our pride,” said President of Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) Kazi Akram Uddin Ahmed. FBCCI President was speaking at an emergency opinion meeting at BGMEA Bhaban in the city before meeting with Prime Minister Sheikh Hasina. A 23-member delegation of FBCCI and BGMEA met the prime minister at Ganobhavan at tonight to discuss the adverse impact of the worsening political violence and the sabotage at the garment industries. FBCCI President
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