India’s business giant Sahara Group is set to become the new sponsor of the Bangladesh cricket team after offering $9.4 million over four years in a tender process that ended on Wednesday, officials said. “We are delighted to announce that Sahara has appeared the highest... Read More..
Prof Muhammad Yunus, founder of Bangladesh’s Nobel-winning microcredit organisation — Grameen Bank (GB) — yesterday urged stakeholders and government of the country not to take any step to change the legal structure of the GB. In an open letter to the borrower owners of Grameen... Read More..
Qatar is keen to invest in Bangladesh’s major projects, including Padma bridge construction, a power project, airport upgrade, river dredging and a manpower training institute. A 10-member delegation led by Assistant Minister for International Cooperation Affairs of Qatar Sheikh Ahmed Bin Mohammed Bin Jabr Al... Read More..
Sahara India Pariwar, a major business conglomerate in India has on Friday announced its entry into the housing & infrastructure sector of Bangladesh. The group’s, newly formed Bangladesh based company ‘Sahara Matribhumi Unnayan Corporation Limited’ has signed a Memorandum of Understanding (MoU) with the Ministry... Read More..
There is a liquidity shortage following a huge capital outflow that resulted in the stock market crash early last year. Bangladesh’s banking sector is undergoing a challenging phase due to a liquidity shortage, following a massive capital outflow that resulted in a stock market crash... Read More..
Bangladesh has approached the Asian Development Bank to join a four-nation gas pipeline project being funded by the bank. India and Pakistan have signed a gas sale purchase agreement with Turkmenistan last week. An official source said Bangladesh has written a letter to ADB showing... Read More..
The US government yesterday denounced the Bangladesh government over the latter’s “most significant” human rights problems, including killing and torture by security forces and their abuses that are responsible for disappearances and custodial deaths. “An increasingly politicised judiciary exacerbated problems in an already overwhelmed judicial... Read More..
Bangladesh is asking for the refurbishment, overhaul and modification of four C-130E aircraft through the Foreign Military Sale program. The U.S. Defense Security Cooperation Agency said the contract sought by Bangladesh includes spare parts, equipment and training services and is worth about $180 million. “The... Read More..
Prime Minister Sheikh Hasina yesterday urged all Bangladeshis to work for building such a Bangladesh where every citizen will enjoy equal and basic rights breaking the vicious cycle of poverty as dreamt by National Poet Kazi Nazrul Islam and Bangabandhu Sheikh Mujibur Rahman. “We want... Read More..
Bangladesh’s broadcasting and cable and satellite TV operators, in co-ordination with the international satellite communications industry, have called for the Government of Bangladesh to take rapid action to halt the disruption of TV services suffered by millions of Bangladeshis. The industry bodies said the technical... Read More..
An amendment to the Constitution is being drafted to enable the exchange of 111 Indian enclaves in Bangladesh and 51 Bangladeshi enclaves in the Indian territory, External Affairs Minister S M Krishna has said. “Government is committed to the earliest implementation of the Protocol and... Read More..
If family planning and birth-spacing services were better promoted in countries with high birth rates, 32 percent of all maternal deaths and over 1 million deaths of children under 5 could be prevented. When her first child was only three months old, Laily Begum learned... Read More..