Monthly Archives: December 2010

Submarine heading towards join Bangladesh Navy by 2019

The Bangladesh Navy will have its first submarine by 2019, Prime Minister Sheikh Hasina said, adding Dhaka wants to amicably resolve its maritime boundary issue with neighbours India and Myanmar as it does not want ‘a war in the region’.

Hasina said the Bangladesh Navy will have its first submarine with base facility by 2019 and added that her government’s plans were to build ‘an effective deterrent force’.

She made the announcement while commissioning the navy’s first hydrographic survey ship ‘Anusandhan’ at Isha Khan Naval Base.

Hasina quoted her father and the country’s founding leader, the kate president Sheikh Mujibur Rahman as saying that Bangladesh would not interfere in anyone’s internal affairs, but if others try to interfere in Bangladesh’s internal matters, it would also not be tolerated.

About differences with the neighbouring countries over maritime boundaries, Hasina said efforts are under way to solve the problems.

Hasina said the navy will be developed as a modern and well equipped force in the future to boldly resist illegal trespass by foreign ships into Bangladesh territory and to stop smuggling through the sea.

She said by the middle of next year, two helicopters will be included into the BNS Bangabandhu.

The inclusion of these maritime helicopters is a big step forward for making the naval aviation unit up-to-date.

The premier asked the Bangladesh Navy to ensure absolute control over the country’s maritime boundaries. ‘Our large maritime area is part of our national existence,’ she remarked.

About 90 percent of Bangladesh’s international trade is taking place through the maritime ways, she mentioned.

‘Our large marine area is full of valuable minerals and fish resources. Maintaining absolute control over the maritime areas and ensuring security during procuring the resources are one of the prime duties of the naval force,’ she added.

Bangladesh is sandwiched between India and Myanmar in the Bay of Bengal.

Hasina said her government has already decided to open the Chittagong and Mongla ports for neighbouring countries for enhancing cooperation in the economic, political and diplomatic fields.

Bangladesh on the way to explore gas in restless hill region

Bangladesh today invited proposals from global energy giants, including India’s ONGC  to explore natural gas in its insurgency-hit southeastern rugged Chittagong hills. “We have invited expression of interest (EoI) from the foreign companies for carrying out exploration activities in the … read more

Tyre manufacturer Apollo has entered into the Bangladesh market

Apollo Tyres Ltd : is the world’s 15th biggest tyre manufacturer, with annual revenues of Rs 81 billion (US$ 1.8 billion) in 2010. It was founded in 1976. Its first plant was commissioned in Perambra, Kerala. In 2006 the company acquired Dunlop … read more

Factors that impede our progress and development

Inconsistencies and contradictions are a part of the development process. We have no problem with that but for the fact that we are unable to strike a healthy balance between development and progress. When we say progress we mean the … read more

Merry Christmas !!!

Merry Christmas !!! Play with the rythm of Merry Christmas !!! Be happy – Make happy!!! Towards the Developed Bangladesh read more

Bangladesh Potato production in bumper

Bangladesh Potato production in bumper,isn’t it the pick time to initiate on potato based economy factors .like export ,potato based industry ? RANGPUR, Dec 24 (BSS) – The farmers are expecting to exceed the target of potato farming this season … read more

Phulbari Coal Mine to Reopening

US diplomats have repeatedly put pressure on Bangladesh government to reopen the controversial Phulbari coal mine, which was closed following a violent protest. In a latest WikiLeaks release, a diplomatic US cable shows that US ambassador to Bangladesh James Moriarty … read more

Bangladesh to probe operations of Grameen Bank

Bangladesh government will form a high-powered committee to investigate the alleged irregularities in the operations of Grameen Bank pioneered by Nobel laureate Muhammad Yunus. “A high-powered committee will investigate the matter,” chairman of the standing committee on finance ministry A … read more