5:11 pm - Monday March 26, 1032
Browse Tag

bangladesh

The town that in human trafficking’s grip

From his shop overlooking a pier on this island near the border with Myanmar, Mohammad Hossain watched the human smuggling business swell. Over the years, the trickle gradually grew into an unending stream. The late-night flashes of light on the water, signaling that the coast was clear to launch boats, multiplied until they looked like summer lightning. That the boats were not carrying fish was an open secret here: One day, when a trawler sank on its way out, the water was littered with floating human bodies. The people of Shah Porir Dwip — fishermen, shopkeepers, police officers and shadowy bosses — were all drawn in, as participants or concerned observers, to a multimillion-dollar people smuggling business that sent roots deep into this impoverished corner of Bangladesh. [ca...

BEZA seeks funding for spl economic zone

The Bangladesh Economic Zone Authority (BEZA) has sought funding from the finance division of the Bangladeshi government to set up a special economic zone at Anwara upazilla in the port city of Chittagong to attract Chinese investment. gov1The BEZA has recently sent a proposal to the finance ministry seeking over 420 crore taka interest free fund for acquisition of land for the Chinese Economic and Industrial Zone (CEIZ).
Paban Chowdhury, BEZA executive chairman, told Xinhua: "We have sent a letter req...

Huge growth prospects of rental power in Bangladesh

The Indian subcontinent power rental market was valued at over $100 million in 2014 according to a research report by Verify Markets. The market in India was the largest within the Indian Subcontinent by far followed by Pakistan and then Bangladesh. Bangladesh also contributes towards the temporary power or rental power plants in the region. However, those plants have an uncertain future. Once the country commissions its permanent power plants, most of those plants will likely shut down by 2020. quick rentalMany of these permanent power plants...

Airtel to make Cox’s Bazar Digital Surfing City

Airtel Bangladesh Limited, the fastest growing telecom operator of the country, in partnership with Bangladesh Computer Council, Information and Communication Technology Division of ICT Ministry has signed a memorandum of understanding (MoU) to enhance the global brand image of Cox’s Bazar, facilitate tourism and establish Cox’s Bazar as the Digital Surfing City through Private-Public Partnership. [caption id="attachment_18365" align="alignright" width="504"]Airtel-Cox Bazar Digital City Press Release

AIBL EC Meeting held

The Executive Committee Meeting of the Board of Directors of Al-Arafah Islami Bank Limited (AIBL) was held at the Board Room of the Bank on 23 July, 2015. 20150723_aibl_EC_pressAlhajj Abdul Malek Mollah, Vice Chairman of the Committee presided over the meeting. The Meeting reviewed overall business performance of the Bank. Members of the Committee Alhajj Nazmul Ahsan Khaled, Alhajj Hafez Md. Enayet Ullah, Alhajj Ahamedul Haque, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director Md. Habibur Rahman, Board Secretary Md....

India to export cotton fabrics to Bangladesh

The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics – both woven and knitted - to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS) vide Public Notice No. 27 dated July 14, 2015 issued by the Director General of Foreign Trade (DGFT). [caption id="attachment_18353" align="alignright" width="432"]R.K.Dalmia – Chairman – TEXPROCIL R.K.Dalmia – Chairman – TEXPROCIL[/caption] This is a very positive step taken by the Governm...