Browse Tag

lead

Cabinet approves MoU with India to rescue trafficking victims

The Cabinet on Monday approved a proposal to sign a memorandum of understanding with India for the rescue, repatriation and rehabilitation of human trafficking victims. The decision was taken at a meeting chaired by Prime Minister Sheikh Hasina, reports Bangla daily Prothom Alo. bd-indiaAccording to a report prepared by the United Nations Organisation on Drugs and Crime (UNODC) this year, in Bangladesh, the number of reported incidents of human trafficking is on the rise. Bangladesh is seen primarily as a source and transit country for human traffi...

How do you safely break up an ‘old lady’?

What’s the best way to dispose of an “old lady”? Should she be dumped on a beach and broken up by rough hands in terrible conditions or should she be taken in a more sedate fashion to a reputable place to be dismantled in an orderly fashion? The question is being debated in the shipping industry where an “old lady” is the usual term for a vessel which has come to the end of its days. ship breakingOne of the world’s biggest cargo companies has just decided to stop sending its ships to be broken up on Bangladesh’s beaches where ultr...

Myanmar to start repatriation process in 2 months

Myanmar on Sunday agreed to start the process for the repatriation of its ‘documented’ nationals from Bangladesh within the next two months, which Bangladesh considers a ‘breakthrough’ as the process remained halted since 2005. “They’ve agreed to start works towards the repatriation of verified Myanmar nationals within two months,” Foreign Secretary M Shahidul Haque told reporters at a press conference after the eight round of Foreign Office Consultation (FOC) between the two neighbours. RohigyanThe Myanmar’s feedback came when the Banglade...

Transformative projects need to be prioritized: SFYP Review

The mid-term review of the Sixth Five-Year Plan (SFYP) for 2011-2015 has suggested the government to identify the highest transformational projects and complete those first instead of spreading resources thinly on too many projects. It cited some examples of transformative projects that need to be prioritised and fully resourced include the Dhaka-Chittagong four-lane project, double tracking of the Dhaka-Chittagong Railway, the Padma Multipurpose Bridge Project, completion of the two Bibiyana gas field based large power plants and the Dhaka metro rail. lane

Fitch rates Bangladesh ‘BB-‘; Outlook stable

(The following statement was released by the rating agency) Fitch Ratings has assigned Bangladesh Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of 'BB-'. The Outlooks on the Long-Term IDRs are Stable. Fitch has also assigned a Short-Term Foreign Currency IDR of 'B' and a Country Ceiling of 'BB-'. KEY RATING DRIVERS Bangladesh's ratings reflect a balance between high, stable real GDP growth and strong external balances, and weak structural features indicating significant political and banking sector risk. Bangladesh Bank

India’s first cross-country pipeline to connect Bangladesh

India’s first cross-country pipeline will connect to Bangladesh. Assam-based Numaligarh Refineries Limited (NRL), a subsidiary of Bharat Petroleum Corporation Limited (BPCL), will shortly begin work on laying a product pipeline from Siliguri in West Bengal to Parbatipur in Bangladesh. The pipeline would allow BPCL to penetrate the Bangladeshi market and ensure sustained supply of petroleum products to Bangladesh. bd-indiaThe length of the pipeline would be approximately 170 km and NRL would export high speed diesel (HSD), and motor spirit t...
Verified by MonsterInsights