As a consequence of rigorous shortage of gas in the country, it makes sense to set up at least one LNG terminal for import of gas. The same can be used to run power plants that now remain closed down for gas shortage.

?

The LNG terminal will take probably less than a year to set up. But its installation will help the generation of substantial power at the fastest from existing plants.

The proposed import of power from India will take a longer time. Only laying structures to receive the power would take at least two years to import only about 250 mw which is a meager amount.

Power import from India is costly. Besides, it is not clear if India will have excess power to sell even in the medium term.

So, why this obsession for importing such paltry amount of power at high costs when a better alternative in terms of time and the quantity of power to be produced within the country, is LNG import Besides, if power has to be imported, the same can come from Myanmar which already has excess power.

Bringing power from Myanmar will also likely be comparatively cheaper. Besides, power import from Myanmar can be durable because of the availability of surplus power.

Government has recently contracted deals for the establishment of four large power plants with a company of Indian origin to be run also very likely by coal imported from India.

But why build power plants to run with imported coal when Bangladesh has huge discovered coal reserves of the clean quality?

The authorities should resolve at the soonest the debate on coal extraction and use the local coal that would be beneficial to a far higher degree for the economy in all respects than running such plants with imported coal.

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Trail against the liberation war criminal has politically get strength

Nearly 40 years after 127 Hindus were killed in a village in northern Bangladesh by a group of Islamist militants during the 1971 freedom movement, a case has been filed demanding the perpetrators of the carnage be booked.

According to complainant Haridas Roy, the incident took place Sep 28, 1971 in Krishnapur village of Lakhai sub-district.

Roy was among the 128 people picked up that day. Pakistan Army personnel took them to the nearby field, lined them up and gunned them down. Roy says he had a miraculous escape.

He has named Liakat Ali, a former Razakar – the group of militants who aided the Pakistan Army – who is now sub-district unit chief of the ruling Awami League in Lakhai in Habiganj district, and seven others for allegedly aiding the Pakistan Army that day.

The Awami League led the freedom movement and its government is currently preparing to hold ‘war crimes trials’ to bring to book those who killed unarmed civilians 39 years ago.

Accepting the case, the judicial magistrate asked the officer in charge of Lakhai Police Station to submit a report to the court after proper investigation, The Daily Star said Friday.

The new case is among a series being revived or filed afresh across the country as the government of Prime Minister Sheikh Hasina sets in motion the judicial and investigative machinery to try hundreds of ‘war criminals’.?

Many escaped to Pakistan and Bangladesh says that Islamabad should hold its own trials.

Pakistan’s envoy last week declined to comment, saying this was Bangladesh’s ‘internal matter’.

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US showing concentration with Bangladesh betterment .The US yesterday unveiled a $210mn plan for helping Bangladesh ensure food security.
US Ambassador James F Moriarty unveiled the plan at a seminar on food security, organised by the ?local government? division of the Local Government and Rural Development (LGRD) Ministry and the USAID in Dhaka.
US President Barrack Obama last year committed $1bn annual fund to address global hunger and food security. USAID will launch the $210mn programme in Bangladesh from this fund.
Under this plan, USAID will channel the fund to ensure adequate food supply to the ultra-poor and vulnerable group of the society.
LGRD Minister Syed Ashraful Islam, Food and Disaster Management Minister Dr Abdur Razzak also addressed the seminar.
Referring to different programmes for food security, Syed Ashraf said those programmes had already started enhancing food security.
He, however, suggested non-government organisations (NGOs) to contribute more to strengthen the social safety net and development initiatives of the present government.
Dr Razzak also emphasized the government social safety net programme, which had already increased food allocation for the poor.
The Food Minister, however, raised concern over the impact of climate change on food production and sought more funds from the development partners to address the issue.
James F Moriarty said his government would also increase its investment in agriculture and health sectors besides the fund for food security.
He lauded Bangladesh?s progress in improving the food security for the people, but cautioned about some external and internal causes, which could hinder the progress.

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Bangladesh share maket points goes up.A huge amount of new investment enter last few months with the upgrowing trend of the Market.

Analyst Worries , Investors also…but share maket has own carisma -addiction for not to leave till finally loose.A joint team of RAB and the Securities and Exchange Commission nabbed Mahbub Sarwar, also a prolific blogger, from his office at a private bank’s merchant banking operation late Wednesday.

Sarwar who runs a Facebook site with nearly 3000 members provided stock tips through the popular social networking platform and several blogs, will be charged with market manipulation and faces five years in jail, Farhad Ahmed, executive director of the SEC, told a press briefing.

“He charged a monthly fee of Tk 3000 from each of his member or a flat rate of Tk 25,000 per annum in exchange for advising clients on daily trading. His tips have proved to have impact on the market and influenced trading,” he said.

Under the country’s securities laws investment advising is legal, but the advisor has to take a licence and meet some requirements to run his operation.

“Sarwar did not have any licence to offer tips or provide portfolio management services to clients at home and abroad,” he said, adding his tips could trick thousands of people into buying certain shares on certain days.

The arrest came months after the SEC formed a probe body to investigate volley of rumours being spread daily from social networking sites on stock trading.

The SEC took help of the RAB to identify the criminals and have stopped several online sites exclusively used for advising retail investors.

RAB director Mohammad Sohel said around thousands of more people could have been acting on Sarwar’s tips for the last few months.

“This is the first case of stock trading related cyber crime in the country and it’s crime of a higher order. Sarwar is an internet savvy young man. His daily tips prompted thousands of investors to buy or sell some particular shares,” he said.

Ahmed said the tipster is also accused of running an unauthorised portfolio management services company — advising clients on which investments to make — for which he charged 20 percent of profits.

“We don’t know how much money he has made. But obviously it’s not a small amount,” said A.T.M Tarequzzaman, a SEC executive director who led the probe into the scam.

In his blog site, Sarwar claimed that his advice would help clients make double profit than the normal returns in the Dhaka Stock Exchange.

“Usually I make 10-15 percent profits on the invested money on a month basis (under the flat market scenario expected profit is five-seven percent),” he boasted in one of his blog sites, shoikatblog.blogspot.com

A client has to undergo certain dos and don’ts to become a member of his site. “You can’t share this service. That is you can’t disclose the buy/sale decisions to others,” he said, according to his blog.

“Fees and commission should be paid within three days of month end. You have to report me the trade details at the day end through e-mails,” he said.

Officials said there could be more tipsters like Sarwar operating in the shady world of Internet.

“We hope this arrest will send warnings to the people involved in such cyber crime that we are closely monitoring them. We’ll nab anyone found to have influenced the trading illegally through internet,” he said.

Ahmed said more investigation is going on and it would take time to determine whether any company insiders were involved in Sarwar’s scam.

Experts said the arrest and the extent of operation of the illegal websites proved that the DSE, the country’s biggest bourse, is vulnerable to manipulation by smart techies.

Regulators have struggled to stop a slew of online scams, publicly warning investors in January of a rogue Facebook group providing bogus tips.

Ahmed refused to comment on whether the online scams was partly to blame in the recent abnormal bull-run in the DSE.

The main index at the DSE has grown nearly 30 percent with some experts describing the market as a “ticking bomb” as series of attempts to cool the market this year have failed.

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