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bangladesh

Tea prices snap 2-week run of gains

Tea prices in Bangladesh edged down at the weekly auction on Tuesday, snapping a two-week run of gains, on higher supplies and tepid demand from local buyers ahead of the Muslim festival, brokers said. Bangladeshi tea fetched an average 198.97 taka ($2.5) per kg at the auction, the 11th of the new marketing season, compared with 199.33 taka at the previous sale, an executive with National Brokers said. tea“There was less demand from local buyers ahead of the Eid holidays,” he said referring to the Eid al-Fitr celebrations, due on Saturday on sightin...

Bangladesh hopes green means go

Like Thailand, Bangladesh is suffering from prolonged political unrest and subdued economic activity. For a time earlier this year it seemed Moody’s Investor Service might downgrade the country’s credit rating due to the ongoing tensions on the ground, although in the end it held off from doing so. green goOpposition party-led strikes have weighed on the economy, prompting the International Monetary Fund in March to clip its growth forecast for the fiscal year to June-end to 6% from 6.4%. The Bangladeshi government had been targeting a 7.3% growth ...

Myanmar finds 102 stranded BD migrants on island

Myanmar’s navy has discovered more than 100 Bangladeshi migrants stranded for nearly a month on a southern island, state media said on Tuesday, following a regional migrant crisis in which people smugglers abandoned thousands at sea. It was the first major rescue reported by Myanmar since May, when its navy found a boat packed with more than 700 migrants in the Andaman Sea at the height of Southeast Asia’s migrant boat crisis. [caption id="attachment_18152" align="alignright" width="648"]rohingya_migrants_1 Myanmar's navy discovers over ...

Volunteers learn to make life-or-death difference in disaster

In April 2013, Redowan Ahmed Srabon, a university student, watched in shock as news of the Rana Plaza factory collapse broke on television. Instead of just following the TV updates, he took a bus from central Dhaka to the factory, on the city’s outskirts, where more than 1,100 workers died and 2,500 were injured. [caption id="attachment_18148" align="alignright" width="620"]volunteer Urban volunteers in Dhaka learn to use light equipment during three days of training. Photograph: Comprehensive Disaster Management Programme[/caption] Srabon, 22 at the time...

Study on EEZ by Indian institute in October

Indian scientists along with their Bangladeshi counterparts will study the waters in Exclusive Economic Zone (EEZ) of Bangladesh which they claimed will be the “first ever” study in the region. Goa-based National Institute of Oceanography (NIO), which has signed a Memorandum of Understanding (MoU) with Dhaka University on various ocean research fronts, will take this historic cruise to the EEZ in October this year. india_nio-goa-india“We are going to have a major cruise in North Bay of Bengal within the EEZ of Bangladesh in Oc...

Iran nuclear agreement ‘reached’

A deal on limiting Iran’s nuclear programme in return for the lifting of sanctions has been reached at talks in Vienna, diplomats say. [caption id="attachment_18138" align="alignright" width="750"]iran_nuclear Palais Coburg, the venue for nuclear talks, is seen behind a street sign in Vienna, Austria, July 13, 2015. Iran and six world powers appeared close to a deal on Monday to give Tehran sanctions relief in exchange for limits on its nuclear programme, but Iranian officials said talks could run past their latest midnight deadline and success was not guaranteed....
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