China Bangladesh continuous developments of friendly cooperation

Sources :Bangladesh and China established diplomatic relations on October 4, 1975 and the same date in this year was its 35th anniversary. To mark the importance of this long lasting relationship, lot of activities were observed at both Dhaka and Beijing in this year, specially in the month of October as 1st October 2010 was also the 61st anniversary of Peoples Republic of China. In connection to this 35th anniversary, Bangladesh Cultural Academy (BSA) Foundation also held one seminar titled “Sino-Bangladesh Relations-Friendship Unbounded” at VIP lounge, National Press Club, Dhaka on October 18, 2010 where I had the opportunity to listen to speeches delivered by many famous scholars like Professor Mozaffar Ahmed, Professor Emajuddin Ahmed, Mr. Badruddin Umar, key note speaker Lt Gen (Retd) M. Mahbubur Rahman and others from Bangladesh side and also The Ambassador of Peoples Republic of China in Bangladesh H. E. Mr. Zhang Xianyi. I think the audience like me has understood deeply regarding the importance of better Bangladesh future cooperation.
To mark the event little symbolic in terms of friendly relationship and cooperation between Bangladesh and China, it was also really my honor and privilege to speak few words in both chinese and english languages in that seminar regarding my understanding about the developments of present China as well as the importance of better Bangladesh-China cooperation.

It was 15th September 1988 when I first landed in Beijing being one of the foreign students to learn chinese language and have had studied Chinese language for two years staying in China. That was my closest opportunity to know China and its people when I was very young. Since then I had been visiting China regularly and have seen the changes in last 22 years. I have seen the China from Herbin in the north to Hainandao in the south and also in between many cities like Beijing, Shanghai, Guangzhou, Shenzen, etc, and almost whole China accept three provinces. I wish I would soon complete seeing those places too.
During my every visit to China I was always very surprised seeing her continuous developments and progresses. Every time I took a long breath and answered to my self, “it is China and they are Chinese and so it is possible!”. The achievements of China during last few decades are known to all indeed and as such I am not going to express about any of those.
During my every visit to China I also had the opportunities to be in close touches with many Chinese leaders as well as very common people in the official as well as business and private capacities from which I have learned some thing for my self. Of course, there are many related factors associated to the success of present China, however, I would like to express my personal opinion as to what all major factors had possibly been contributing to these continuous successes. In my opinion, major factors were the political stability of the nation, the discipline, motivation and willingness of people to develop the country, and of course the special Chinese leadership to take the country ahead. The pride of the Chinese people that, “we are Chinese and it is China and of course one China” was the main motivation behind all success in my understanding.
During past 22 years I had the opportunities to listen many top ranking leaders of China and Bangladesh regarding the Sino- Bangladesh friendly cooperation. I have also heard many peace loving common people of both the countries. I have learned and now believe from all those talking that China Bangladesh relationship is the relationship of long history, not only this formal 35 years, however, now it has taken the shape of the relationship of connectivity, relationship of trust and confidence, relationship of inter dependability, and the relationship of future hope and continuous cooperation for mutual benefits.
Considering the time limitation of the seminar, I have expressed only one hope on behalf of common peace loving people of both countries so that the authorities at both ends may consider facilitating easy access to each other’s country and their people for the continuous promotion of culture, sports, tourism, trade and other sectors. I hope the concern authorities would soon do some thing more positive in this regard. Long live China Bangladesh continuous developments of friendly cooperation with future hopes.

(The speech delivered by Lt Col Md Shahadat Hossain (Retd), at the seminar titled “Sino-Bangladesh Relations-Friendship Unbounded” at Dhaka Press Club on 18 October 2010)

Sohel Taj to build Kapasia as an Model of Digital Bangladesh

Awami League (AL) lawmaker Tanjim Ahmad Sohel Taj on Saturday expressed his optimism of seeing Kapasia upazila in Gazipur as the role model of ‘Digital Bangladesh’ as soon as possible.Tanjim Ahmad Sohel Taj, 39, Bangladesh’s youngest minister and son of first prime minister Tajuddin Ahmed, has quit the government citing “ethical reasons”

Sohel Taj, who relinquished from the cabinet as state minister for Home Affairs in June last year, returned from the United States early Friday also to oversee some development works in his electoral constituency Gazipur-4,He gave a PowerPoint presentation on ‘citizens guideline’ for the people and administration of the upazila at Shahid Taj Uddin Ahmed Degree College.

Sohel Taj asked the police and law enforcers to be more watchful about local drug peddlers and also urged the government to increase different types of facilities for the police department

Prime Minister Sheikh Hasina solved Biman Strike !!!

Prime Minister Sheikh Hasina called(29-10-2010) to solve Biman Strike,Captain MA Basit Mahtab, general secretary of Bangladesh Airline Pilots’ Association (BAPA), and Shah Alam went to the residence of the premier on her invitation to talk about the deadlock between the pilots of Biman and its management. It has solved The pilots withdrawn the strike.

Flights of Bangladesh’s state airline returned to normal Saturday, ending three days of disruptions, as pilots called off a strike following intervention by the country’s premier, officials said.

We placed our demands before him and he assured us that the prime minister would

Most of Biman’s flights had been suspended since Wednesday after the national carrier’s pilots staged a mass “sick-in” to protest the suspension of four of their colleagues by authorities.

“The flights are back to normal as the strike has now ended,” said A. Mamdud Khan, Biman’s director of flight operations.

The pilots called off their wildcat strike after Prime Minister Sheikh Hasina urged them to return to work, said General Secretary of the Bangladesh Airlines Pilots Association (BAPA) Basit Mahtab.

“We met the prime minister at her office today and she patiently listened to our demands. We’ve decided to go back to work after we got assurances from her that she would consider our demands,” Mahtab told AFP.

On Monday, Biman grounded four pilots who were accused of leading protests against the airline’s plans to raise the pilots’ retirement age to 62 years from 57 and to trim their benefits.

The Bangladesh Airlines Pilots Association (BAPA) protested the action and more than 50 pilots called in sick, leading to severe flight disruptions.

The state-run airline operates around 15 flights a day. It uses foreign pilots to operate several long-haul flights.

Hundreds were stranded at the country’s three international airports as a result of the strike.

Facts Behind :

The row between pilots and Biman started after the airline increased the retirement age of pilots from 57 to 62 years through an order issued on September 9.

Biman, however, said it would not provide pilots over 57 years with various benefits, including rehabilitation and insurance benefits if a pilot loses his or her wings for medical reasons.

The national flag carrier also said pilots between 57 and 62 would be out of the purview of the existing accord between Biman and BAPA.

But pilots, citing a provision for consulting them in the present agreement, said the pilots over 57 should be covered by the existing contract.

They say Biman acted on its own without talking to the pilots.

In early October, some pilots challenged the Biman decision to increase retirement age at the High Court.

The Biman managing director claimed that pilots went to the court without lodging their complaints with Biman. He hinted that conflict among pilots is causing Biman problems.

On October 22, pilots started protesting by only doing their duty described in the accord between BAPA and Biman and nothing more.

On October 26 they started calling in sick when Biman withdrew four crewmembers from flight duty.

Biman MD and CEO Muhammad Zakiul Islam Thursday reiterated Biman’s stance on the issue. He said stern action would be taken against pilots on strike if they do not join work within 48 hours. The countdown started at 11:00am Thursday.

The pilots said they would not call off their strike unless the authorities concerned cancel the flight-duty-suspension orders for four crewmembers and show-cause notices issued against some others since October 20

Indo-Bangladesh bilateral relationship :India extends cotton largesse to Bangladesh

The Indo-Bangladesh bilateral relationship is poised for further expansion, reinforcing the links of cooperation and collaboration between the two countries. The developments for forging a better understanding between the governments of India and Bangladesh have been positive since the accord of January last which the policy-makers in New Delhi prefer to describe as a ‘landmark’
India has given an assurance to Bangladesh that it would export 1.1 million bales of cotton in addition to the amount that has already been decided according to the contracts. India would also modify the present laws to eliminate the non-tariff barriers that often cause hassle in the way of importing jute sacks from Bangladesh.

Commerce Minister of Bangladesh, Faruque Khan informed that his Indian counterpart has given him the assurance about the duty-free entry of more products from Bangladesh to India. A positive decision will be taken soon in this direction. Under the South Asian Free Trade Agreement (Safta), Bangladesh has put forward a priority list of 61 products to India, asking for duty-free entry. These products mainly include textile, garments and footwear.

The minister, who has just concluded his three-day official trip to India, informed that the Government of India is keenly involved in the consideration of the priority list. The 1.1 million bales of cotton that India has promised to export to Bangladesh is in addition to the 135,000 bales of cotton that was already decided under a contract between the two countries before India had enforced a restriction on the export of cotton in April, 2010.

The Indian Commerce and Industry minister, Anand Sharma, revealed that directions have been given for the immediate recommencement of cotton exports to Bangladesh. Letters of credit (LC) for the cotton exports had already been sanctioned prior to the imposition of the ban on cotton exports.

Bangladesh is eager to ascertain ??cotton security?? for its apparel industry which had registered a record growth last year in spite of the global financial crisis. Bangladesh has been importing 30 to 35 percent of its cotton demand from India.

Siddikur Proud of Bangladesh -dreams of being paired with his idol Els

It was only three months ago that Siddikur, who grew up as a ball boy in the Kurmitola Golf Club in Dhaka, was just one of the boys on the Asian Tour but his star has shone brightly since rewriting the history pages at the Brunei Open as the first winner from Bangladesh.
BANGLADESH,S Siddikur Rahman is pinching himself to ensure he is not in a dream,angladesh’s first professional golfer Siddikur Rahman was quite confident of doing well in the coming CIMB Asia Pacific Classic.

The first ever PGA sanctioned tour (jointly sanctioned by Asian Tour) in South East Asia begins on Oct 28 and runs until Oct 31.

The top 25 players from PGA Tour and top 10 players from Asian Tour will take part in the tournament. Total prize money of CIMB Asia Pacific Classic is six million dollars and the winner will get one million dollars.

Interviews
??It is very exciting. I??m the first Bangladeshi to play on the Asian Tour and in the two years that I??m on Tour, I have finally won a tournament,?? the 25-year-old, who learned the game by putting an iron head onto a metal rod for his first golf club, told the tour website (www.asiantour.com).

??I hope to inspire more people to take up the game of golf in Bangladesh. This is a good victory for me and my country,?? he added following his play-off victory after finishing on 16-under par through 72 holes.

Co-overnight leader Siddikur secured his career breakthrough with a four at the first extra hole par-four 18th after Jbe Kruger of South Africa missed a 10-foot par putt. -Reuters

…I am so excited. I started dreaming about playing in the Asia Pacific Classic Malaysia when I moved closer to the top 10 of the Order of Merit, Siddikur, who nearly won a second title when he lost in a playoff at the Mercuries Taiwan Masters earlier this month.

It has been my dream to play in a PGA Tour event and it has become true so soon for me. I??m very happy to be here. Although there is a cool US$1mil top prize at stake, Siddikur, currently 10th on the Order of Merit, said that his objectives this week was to learn from the best players.

It is not about the money. It??s an opportunity for me to learn from the top players. It??ll be good to see them and see how good they are and learn from that. That??s my only focus this week, he said.

..There is a lot of money to play for but I have not imagined myself winning this tournament. I??ll just try my best and aim for a top-10 or top-20 finish.

For deep sea port Bangladesh is going to consider China As Engineering partner :Fast train, big dam show China’s engineering might

For deep sea port Bangladesh is going to consider China As Engineering partner , China rolled out its fastest train yet on Tuesday and announced that the Three Gorges Dam, the world’s biggest hydroelectric project, is now generating electricity at maximum capacity ? engineering triumphs that signal the nation’s growing ambitions as its economy booms.

The successes demonstrate how, after decades of acquiring technology from the west, Beijing has begun to push the limits of its new capabilities, setting the bar higher on mega-projects as it seeks to promote the image of a powerful, modern China. But many of these initiatives have come at great human and environmental cost, and some have questioned whether the country fosters a sufficiently innovative spirit to compete on the next level.

Still in the works: more nuclear power plants, a gargantuan project to pump river water from the fertile south to the arid north, and a $32.5 billion, 820-mile (1,300-kilometer) Beijing-to-Shanghai high-speed railway that is scheduled to open in 2012.

“We are now much faster,” Railway Ministry spokesman Wang Yongping said at Tuesday’s inauguration of the super-fast line from Shanghai’s western suburb of Hongqiao to the resort city of Hangzhou. “Now other countries are hoping to cooperate with us.”

The train will cruise at a top speed of 220 mph (350 kph), making the 125-mile (200-kilometer) trip in 45 minutes.

China already has the world’s longest high-speed rail network and aims to more than double its length to 10,000 miles (16,000 kilometers) by 2020.

Chinese companies are also vying for projects overseas, including in the U.S., which leads the world in freight railway technology but has almost no high-speed rail expertise. That’s a mark of how well and quickly the technology has been adopted by Chinese companies, who have traditionally only been able to compete on price in bidding for railway and other basic infrastructure projects in the developing world.

The Three Gorges Dam has been more controversial, though the government has relentlessly touted the $23 billion project as the best way to end centuries of floods along the mighty Yangtze and provide energy to fuel the country’s economic boom.

The water level in the vast reservoir behind it hit its peak height of 574 feet (175 meters) at 9 a.m. on Tuesday, according to project operator, the China Three Gorges Project Corp. The previous record was 567 feet (172.8 meters), set in 2008, the year the generators began operating.

In the future, the water level will be adjusted depending on flood-control needs but kept within 100 feet (30 meters) of the maximum.

While raising the water level increases the electricity production of the dam, some geologists have warned that damming up too much water in the reservoir carries a heightened risk of landslides, earthquakes and prolonged damage to the river’s ecology. As officials attempted to raise water levels in the reservoir last fall, at least one town had to evacuate dozens of residents after a hairline crack appeared on the slopes above homes.

In addition, millions have been displaced and great swaths of productive farmland sacrificed for dam and projects like it.

Company chairman Cao Guangjing called Tuesday’s feat a “historical milestone.” He said annual power generation will reach 84.7 billion kilowatt hours, enabling “the project to fulfill its functions of flood control, power generation, navigation and water diversion to the full.”

Average economic growth rates of more than 9 percent per year over the past two decades have laid the foundation for rapid progress in a growing number of fields, including launching three manned space flights since 2003 and building a railway across the Tibetan plateau from Beijing to Lhasa. The 2008 Beijing Olympics and this year’s mammoth Shanghai World Expo have demonstrated a growing managerial sophistication as well as ability to build infrastructure on an enormous scale.

But while the tremendous growth has enabled China to build big, some wonder if it can build smart ? and become a source of true innovation.

Science and technology research in the country tends to be heavily topdown, laden with a stifling government bureaucracy. Many of China’s best scholars and scientists depart for greener pastures abroad, while other top minds are pushed into administrative roles, leaving them little time for research.

Although China holds the patents on the technology, design and equipment used by the CRH380 train, some in the industry question the degree to which China is justified in claiming the latest technology as its own.

“Everybody knows that a lot of the core technology is European,” Michael Clausecker, director general of Unife, the Association of the European Rail Industry, said in a recent interview.

And despite the obvious benefits high-speed railways bring, the replacement of slower lines with more expensive high-speed trains has prompted complaints from passengers reluctant to pay higher fares, especially on shorter routes.

Anti-Corruption Organization :Transparency International Bangladesh (TIB) Report, The CPI shows no improvement in Bangladesh’s corruption

Transparency International Bangladesh (TIB), accredited national chapter of Berlin-based Transparency International (TI), began its activities as a Trust in 1996. In 1998 it obtained the approval of the Government of Bangladesh for registration as a non-governmental organisation.

TIB has since been working as a catalyst of social movement against corruption. It has elaborate research and advocacy programmes for policy change and institutional reform for creating conditions for reducing corruption and promoting good governance in Bangladesh.
Bangladesh has slid one step in the Corruption Perceptions Index (CPI) this year, according to Transparency International Bangladesh (TIB).

It has been ranked 12 with a score of 2.4, same as last year, TIB’s executive director Ifftekharuzzaman said at a press conference at the National Press Club on Tuesday.

“The CPI shows no improvement in Bangladesh’s corruption situation compared to the previous year when the score was same,” he added.

Last year Bangladesh had been ranked 13.

Somalia has come first with the score of 1.1, he said, while Denmark, New Zealand and Singapore stood last with 9.3 score each, the yearly report says.

The Berlin-based organisation said the statistics are not accurate, but give an idea about the spread of corruption.

Commerce Minister Muhammad Faruk Khan upbeat on India deals

India Bangladesh better relation is better resulting option for both India and Bangladesh ,Bangladesh always shows the positive atitude and execution on doing so , but India may not so sincere on acting or may have administrative complex to execute . Commerce Minister Muhammad Faruk Khan on Tuesday hoped that India will not delay in implementing its commitments to Bangladesh like before.

The minister told this to reporters after his three-day official visit to India.

The trip concluded with some concrete developments such as establishment of border haats, agreement on the operating procedures of movement of trucks between the two countries, supply of 3 lakh tonnes of par-boiled rice and 2 lakh tonnes of wheat and ensuring a cotton export quota for Bangladesh.
Delhi has assured Dhaka of exempting some Bangladesh products from import duty.

Commerce minister Faruk Khan said that as a result, 61 items including textiles and leather goods will be exempted from taxes for entry into India.

Speaking at a press meet at the Secretariat on Tuesday, the minister said that he had held talks with his Indian counterpart Ananda Sharma and that he had urged for removal of 61 items from the ‘negative’ list.

“India has assured us that it would agree to the request very soon,” he added.

Khan also said that 47 of the items were readymade garment products.

Reducing the number of Bangladeshi items from India’s ‘negative’ list has been under discussion for quite a while. India has provided tax-free entrance for 8 million pieces of Bangladeshi readymade garments as a part of the process.

“Tax free entry of 61 products would be of more benefit than the exemption of 8 million pieces,” Khan added.

Bangladesh has exported goods worth $304 million to India and imported goods valued at $3.213 billion in 2009-10FY.

India also made some other but usual commitments including approval of BSTI certification, withdrawal of putting made in Bangladesh to every jute bag to be exported to India and reduction of its sensitive list of items.

Also, business communities of both the countries have signed four memorandums of understanding including one for setting up a joint venture packaging industry in Bangladesh.

??I hope India will abide by its commitments made to us. We want to see faster implementation of these commitments,?? Khan told reporters.

He said many of the developments agreed during this trip would be carried out in one month.

The minister reminded the journalists that the outcomes of the visit was not readymade, rather teams of both countries worked for nearly six months

??The stage was ready for us. Just the decisions were finalised at the political level,?? he said

The US Bangladesh Technology Summit :Z3 Enterprises Seeks International Relationships at Manhattan Summit Featuring Bangladesh Officials, Companies, and Investors

The US Bangladesh Technology Summit is organized to offer an unparallel opportunity for the business enterprises from both USA and Bangladesh to leverage the bi-national strengths in order to compete together in the global economy. As the US economy is bouncing back from a major economic recession, organizations are confronted with tougher challenges for maintaining competitiveness. At the same time, new market and investment opportunities in emerging economies are showing new ways of fighting recession. Bangladesh, one of the most resilient economies in Asia and a country which is undergoing major technological transformation (particularly in field of Information Technology) offers exciting partnership opportunities for US companies.
Vision with session :

Session 1: Rapid Technological transformation of Bangladesh: Opportunities for US Companies

Session 2: Building Digital Bangladesh: Partnering with Non-resident Bangladeshis

Z3 Enterprises, Inc. / (BIBB 6.75, +0.25, +3.85%) (pinksheets:BIBB) (Z3E or the Company) announced that representatives of the company attended The US Bangladesh Technology Summit. The event held Wednesday, October 13, 2010 at The Marriott Marquis Times Square in Manhattan, New York. The Summit, organized by The Bangladesh Association of Software and Information Services (BASIS), US Bangladesh Partners, the US Bangladesh Technology Association, and the Greater New York Chamber of Commerce, takes place concurrently as part of the Global Sourcing Forum (the largest technology conference and exhibition of its kind held in New York annually).

Z3 Enterprises /quotes/comstock/11i!bibb (BIBB 6.75, +0.25, +3.85%) (pinksheets:BIBB) will be represented by financial representatives from The Bull Consulting Group, who are currently working on finalizing a strategic acquisition on behalf of Z3E with at least one technology company offering synergistic products and services. The Company is particularly interested in establishing relationships at the Summit which are expected to benefit Z3E’s recently acquired subsidiary Usee, Inc. (www.useeisee.com), a major provider in the VoIP technology sector.

The Summit draws a large number of senior business executives and decision makers from the USA and internationally who are responsible for the overall profitability and performance of their companies. Speakers will include several officials representing the government of The People’s Republic of Bangladesh, who will share the Bangladesh Government’s strategic plans to facilitate trade and investment for US companies in high-tech areas of Bangladesh. This event (www.basis.org.bd/techsummit) will also be attended by top executives from Fortune 500 Companies, IT Associations, business chamber leaders, government officials, policy makers and journalists.

Z3 Enterprises (formerly BIBB Corp.) recently completed a forward split and name change approved by FINRA last week. The company’s diverse revenue streams and product offerings are expected to benefit its shareholders in a US economy bouncing back from the challenges facing companies operating in a single industry with isolated product lines. The diversity of the company’s products and services has contributed to its current partnerships and recently obtained structured financing.

About Z3 Enterprises, Inc. /quotes/comstock/11i!bibb (BIBB 6.75, +0.25, +3.85%) (pinksheets:BIBB) (formerly Bibb Corp.): Z3 Enterprises is a producer of national entertainment content for TV and motion picture distribution, online and real-time mobile phone applications, and health and wellness products. The company recently acquired Usee, Inc., a leading provider of VoIP technology. Z3’s past projects include TV and feature film production, an in-house publishing division and a series of health and wellness publications, and special events marketing. For more information, visit www.z3einc.com and www.useeisee.com

Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company’s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company’s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Thrust on adopting modern banking technology-corporate head office of Mutual Trust Bank (MTB)

Sources :Business leaders have put accent on adopting proper technology for the companies to sustain the economic growth of the country, achieved mainly by the private sector-led economy.

They also said now is the time for the Bangladesh corporate sector to perform their responsibility highlighting the core issues like energy consciousness, energy efficiency, alternative energy and environmental consciousness.

These were viewed by the top entrepreneurs of the country at the inauguration ceremony of the new corporate head office of Mutual Trust Bank (MTB) Limited at Gulshan in the city while celebrating its 11th founding anniversary Sunday.

The MTB Centre was formally inaugurated by its Chairman Samson H. Chowdhury while the MTB founding chairman Syed Manzur Elahi, vice-chairman Dr Arif Dowla, directors M A Rouf, Hedayetullah Ron, Abdul Malek, Rashed Chowdhury and MTB managing director and CEO Anis A Khan were also present on the occasion.

Mr Samson H. Chowdhury in his address said that the bank has already improved its standards in case of quality of service and technology and such improvement will continue.

“We want to provide our customers a faster and better service at the new centre in a comfortable way. We have invested a huge amount of money to make it a unique centre in terms of space and technology,” said Samson H Chowdhury.

The MTB Centre is a unique project with each floor attributed to one of the major energy sources such as trees, water, wind, sun and earth and these components together define the critical balance of sustainability.

MTB Founding Chairman Syed Manzur Elahi, in his address, said that MTB has tried in the best possible standards to serve its clients and make it one of the best in the country.

“Our customers have more choice now as there are 29 local and 6 multinational banks in the country to cater to various financial needs which force us to be unique to better serve our customers,” said Mr Manzur Elahi, also a former adviser to the caretaker government.

He said the MTB has chosen to reduce power consumption and take significant steps to create awareness about green energy through setting up of this building.

Moreover the top floor of this building will be powered by solar energy while the whole building will save 60 per cent of its total energy cost through its intelligent lighting system, he said.

Mr Manzur said there is no alternative of introducing high technology to provide faster and better service to clients of banks in the present global situation adding their priority sectors are agriculture, SME and remittance transfer.

“Agriculture is the thrust sector for the MTB and we were successful in disbursing a targeted Tk 800 million (80 crore) agri loan last year. We are converting our branches by adopting high tech to disburse SME loans and same is for remittance so that anyone living abroad can send their money in faster way,” said Mr Manzur.

He said companies need to focus more on adapting technology and invest in this sector to provide better services to the people.

Mr Manzur expressed hope to increase the number of the MTB branches to 67 by the end of this year and about 100 by next year.

At present the MTB has 51 branches including country’s first ever solar energy driven SME/Agri branch at Ishwardi in Pabna.

Senior MTB officials from allover the country, key officials of other banks, MTBL associates and a large number of customers, elite and dignitaries attended the function.

Aggreko Selected For $150 Mln Gas-powered Power Plant Contract In Bangladesh

a href=”http://www.aggreko.com/default.aspx”>Aggreko plc said Monday that the Bangladesh Power Development Board plans to contract with the company to provide an additional 200 MW of emergency power.

Aggreko plc, the global leader in the provision of temporary power and temperature control services, has signed an agreement with the Bangladesh Power Development Board (BPDP) for the provision of 200MW of temporary power. The agreement has an estimated value of USD 150 million over three years and will become effective as a contract following customary procedures and approvals.
Bangladesh has recently been affected by power shortages caused by increased industrial and domestic demand. Although the Government has embarked on an ambitious program to increase the capacity of the national grid, power demand is now exceeding supply, with the result that widespread power cuts are inhibiting economic development.
In order to bridge the immediate gap between power supply and demand, Aggreko will provide turn-key power packages to BPDP, which will feed power directly into substations connected to the national grid.
100 MW of temporary power will be provided at 132 kV, with the other half provided at 33 kV. All aspects of the power packages, from design, mobilisation and commissioning to operation and maintenance, will be provided by Aggreko.
The first tranche of power will be operational on July 1, with the entire project scheduled to be commissioned in August 2010.
The award of this contract is in addition to the 40 MW that Aggreko has been operating since October 2008 at its highly successful plant near Khulna.[mappress mapid=”3″]<
Rupert Soames,
Chief Executive of Aggreko, said: ??Building upon our previous successful performance in Bangladesh, I am very pleased that Aggreko will expand its relationship with BPDP through this most recent contract. Ensuring that industrial, agricultural and domestic users have a reliable power supply is vital to any economy, which is why Aggreko??s fast-track power provision is an excellent solution for BPDP.
This 200 MW, plant, to be delivered within a few months, will have a noticeable impact on the quality of power supply in the country, allowing the authorities to focus on the implementation of permanent power infrastructure.??

Bangladesh in building Cox,s Bazar Sonadia deep-sea port – China confirms full support !!

China has expressed its willingness to provide all out support to Bangladesh in building Cox,s Bazar Sonadia deep-sea port and constructing a highway from Chittagong port city to Kunming in China via Myanmar.
For its part Bangladesh has always considered China to be a friend which has consistently stood by this country in meeting its various needs. Chinese diplomatic help was considered to be particularly helpful during the maritime boundary stand off between Myanmar and Bangladesh. It is really important to mention here that, on the point of Bangladesh-Chinese relationship the main two political party leaders of Bangladesh, ruling Awami League and the main opposition, Bangladesh Nationalist Party (BNP) in unique display of strategic farsightedness have unanimously given their consent to the two strategic decisions of linking Bangladesh and East Asia, following the overall Pan Asian concept, with land and sea i.e. the Sonadia deep sea port of Bangladesh and Kunming, Myanmar and Bangladesh link road. Their uniqueness of unanimity also lies in the fact that, they are unanimous in pursuing a ‘Look East’ policy with China’s help and cooperation.

After concluding a four-day official visit to China from Oct 19 to 22, State Minister for Environment and Forests Dr Hasan Mahmud provided the assurances at a press briefing at his office yesterday.

We sought support from China to build Sonadia deep-sea port and construct Chittagong-Kunming Highway via Myanmar. Beijing has assured us of support in this regard, he said.

He said that China also made assurances to give support in providing training among the officials of the Bangladesh Environment Directorate.

About the outcomes of the China visit, Hasan Mahmud said China expressed its willingness to work with Bangladesh in future apart from upcoming Climate Summit in Cancun, Mexico.

He said all bilateral cooperation in the areas of communication, trade and commerce as well as climate issues came up in the discussion prominently during his talks with Chinese leaders.

Dr Hasan said he held a meeting with chief climate negotiators in the UNFCCC climate talks and chairman of National Development and Reforms Commission (NDRC) of China Xie Zhenhua.

He said: ??China want to work with us on climate issues. We agree to stop pollution. We do not want to make historical blunders of the developed countries.

The State Minister said China also expressed its willingness to release $10 million per year from a global climate fund for the developing countries as per the decision of the Copenhagen Climate Conference.

Hasan Mahmud said China will provide technical and financial assistance to face the adverse impacts of climate change.

During his China visit, he also called on Chinese Assistant Foreign Minister and Deputy Minister of Environment Protection Affairs.[mappress mapid=”1″]

Dr Hasan led a six-member Bangladesh delegation during the visit. Other members included Vice Chancellor of BRAC University Dr Ainun Nishat, Organizing Secretary of Bangladesh Awami League Ahmed Hossain and Ambassador of Bangladesh to China Munshi Faiz Ahmad