SJIBL opens branch at Nagarpur in Tangail

Shahjalal Islami Bank Ltd (SJIBL) opened its 86th branch at Nagarpur in Tangail on Thursday. Khandaker Abdul Baten, member of parliament in Tangail-6, formally inaugurated the branch as chief guest while the Vice-Chairman of the Board of Directors of SJIBL Syed Nurul Arefeen was persent as special guest. Md. Abdul Jabber Chowdhury, Deputy Managing Director of SJIBL presided over the inaugural ceremony. NagorpurKhandaker Abdul Baten said, if we want to ensure congenial environment and peaceful life all should have to work for the c...

Indian co wins tender to supply 50,000t wheat

India's Amira Foods has won a tender to supply 50,000 tonnes of wheat to Bangladesh after submitting the lowest offer at $314.60 a tonne, an official of the state grains purchasing agency said on Wednesday. This was the highest price the agency has paid in tenders since the start of July. The price included cost, freight, insurance and other port-related expenses. The tender is part of a plan by the Directorate General of Food to import 850,000 tonnes of wheat in the financial year through June 2014, up from around 350,000 tonnes the previous year. amira...

EIB to provide EUR 82m to support efficient power generation

The European Investment Bank (EIB) has agreed to provide EUR 82 million to Bangladesh to support more efficient power generation in the country and reductions in emissions. The project will have important climate change benefits in a country that is especially vulnerable to the impacts of climate change. The project is part of a wider investment programme in the energy sector with an estimated total cost of USD 1.6 billion , whose objective is to facilitate the expansion of power generation, transmission and distribution as well as capacity-building in the country. The EUR 82 million EIB loan will serve to finance two specific projects under the programme, including the conversion of gas-fired plants in Baghabari and Shagibacar to combined-cycle plants.

Debate in EU Parliament tonight for resolution on Bangladesh

Amid the growing political tension, a debate is going to be held in the European Parliament on Thursday night for a resolution on Bangladesh focusing human rights and forthcoming election issues. In the proposal, there are calls for formation of a neutral and impartial transitional government that has the confidence of all political parties and the international community to oversee the next crucial election. EU ParliamnetIt also calls for the national reconciliation and dialogue between all political parties and a peaceful electio...

Country makes exceptional health progress despite poverty

Bangladesh has had 40 years of exceptional progress in health, with infant mortality down, life expectancy up and good disease control, all despite being one of the world’s poorest countries, researchers said on Thursday. Most often in the news for its poverty or natural or manmade disasters, such as a factory fire that killed 1,129 people in April, Bangladesh was described in studies published on Thursday as a “remarkable success story” and one of the “great mysteries of global health”. “Over the past 40 years, Bangladesh has outperformed its Asian neighbours, convincingly defying the expert view that reducing poverty and increasing health resources are the key drivers of better population health,” said Professor Mushtaque Chowdhury from Dhaka’s BRACUniversity, who co-led a serie...

Political crisis in Bangladesh: From editorial of NYT

Since the year began, a series of general strikes have paralyzed Bangladesh, and hundreds have died in violent clashes between rival political factions. Top opposition leaders and human rights activists have been arrested. Courts have delivered guilty verdicts and death sentences that flout the most basic standards of due process. newyorktimesResponsibility for this crisis sits squarely with Prime Minister Sheikh Hasina, the leader of the Awami League party. Ms. Hasina seems determined to hang on to power in advance of general elections...
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