Bangladesh Friday opened a new land port at Akhaura in Brahmanbaria district that helps it connect with India’s Agartala city.

With the ceremonial opening of the new port, Bangladesh has 14 land ports that ensure better connectivity with India with which it has 4,300 km land border.

Bangladesh, India, Nepal and Bhutan are currently working out mutually beneficial arrangements under which Bangladesh will have, and provide, access to the three South Asian neighbours for trade, transit and communication.

All of them would get access to the Bangladesh’s sea ports at Chittagong and Mangla.

India is to facilitate rail and road transit to and from Bangladesh to Bhutan and Nepal.

Together, they form part of the proposed UN-sponsored Trans-Asian highway and rail network.

The Akhaura land port has warehouses, an office complex, open yard and truck parking yard. It has been constructed over 15 acres of land at a cost of Tk 87.5 million ($1.2 million). Agartala is barely 49 kms from Akhaura.

At least 10 trucks would be able to carry goods to within 250 yards of the zero point of the border connecting the port with Agartala, New Age newspaper said.

Through this land port, the country would export fish, cement, furniture, glass sheet, plastic goods, soya oil and tiles. Local traders, on the other hand, would import bamboo, turmeric, watches, ginger, marble slap, fish, leather, textile parts and fruits from India.

Another project, Ashuganj transshipment port, will also help connect Bangladesh with India.

A Bangladesh shipping ministry official said that work will begin next January and complete by 2013 at an estimated cost of Taka 2.5 billion ($3.5 million), The Daily Star reported.

India has for decades sought permission to use Ashuganj for transshipment.

Ashuganj, located in the Brahmanbaria district of Chittagong division, will become the port of call for consignment bound for its Palatana power project in Tripura.

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The government has also started a market study on liquid natural gas (LNG) to face the gas crisis, M Tamim, a special assistant to the chief adviser, Wednesday told on “Better business through eco and energy efficiency national seminar” at The Westin Dhaka.

Prof Tamim revealed the new plan by the government at a seminar in the city, where a top businessman said that businesses would not take up new ventures if “energy security” was not ensured.

The government has also moved to allow direct transmission of power, generated in the private sector, to consumers, said M Tamim, a special assistant to the chief adviser, Wednesday.

Tamim, who is in charge of the power, energy and mineral resources ministry, said the power transmission line would be opened to the private sector so that it could generate and consume its own electricity.

?The state-owned PDB?s electricity transmission lines would be opened for all investments by private entrepreneurs. They will be allowed to use national Power Grid network on fixed rent,? he added while addressing a seminar yesterday in the capital titled ?Better Business Through Eco and Energy Efficiency.?

The Seminar was jointly organised by Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), German Technical Cooperation (GTZ) and Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Speaking on the seminar, Dr Tamim also informed that the present Government is seriously considering importing liquid gas from Qatar to cope with current gas shortage in Bangladesh.

According to him, the Government will need over $20 billion investment in power sector in coming few years. Importing gas from Qatar is an effort to search alternative power source. Government has already initiated talk with its Qatar counterparts that would take some time to finalize the deal, he added.

Per unit liquid gas from Qatar would cost around Seven dollar, likely to be imported through pipelines or barge shipments, he informed.

He also urged the media to create mass-awareness among the people and motivate them to come forward for saving energy. ?Media can help change the habit of the people through motivation.?

Anwar-Ul-Alam Chowdhury, president of BGMEA, said that without energy assurance they would not enter any new venture.

He said that if the current energy situation continued, the local industry would perish in the next few years. He urged the government to make a 15 to 20-year energy action plan. “Prices were not important, but energy for a long period was. Prices should be competitive.”

BKMEA president Fazlul Hoque said that load shedding was occurring eight to ten times a day. “New investments must be made for energy conservation. Costs of raw materials have increased, but we have not cut wages.”

BD Rahmatullah, director of the Rural Electrification Board, said in his paper that more conservatively the peak demand of electricity could easily be shifted through efficient load management.

A high-powered Bangladesh delegation will soon visit Qatar to discuss the possibility of importing LNG (liquefied natural gas) from the Gulf country.

This was decided at a meeting at the Power, Energy and Mineral Resources Ministry in Dhaka on Monday with its State Minister Enamul Haque in the chair. Prime Minister?s Advisor Dr. Towfiq-e-Elahi Chowdhury was also present.

The decision came in the backdrop of the government?s desperate move to resolve the nagging gas crisis through import.

At present, Bangladesh has been experiencing a shortfall of about 500 million cubic feet of gas per day (MMCFD) against its demand of 2,400 MMCFD. The shortfall in gas supply severely hit the power generation as well as industrial production.

Qatar has been one of the top LNG exporting countries in the Gulf region from which India and some other countries are now meeting their gas demand, a senior official, who attended the meeting, told newsmen in Dhaka.

That?s why Qatar will be our first preference as source of LNG import. Our delegation would first ensure the availability at cheaper price with suitable terms and conditions, he said.

The official said the meeting also discussed the setting up of a LNG terminal at the Bay of Bengal in Bangladesh territory under private sponsorship.

The meeting also discussed the installation of a 90-kilometer pipeline to transmit gas from the terminal to a secure point in southeastern port city of Chittagong to feed the national gas grid.

As per decision of the meeting, the state-owned Gas Transmission Company of Bangladesh (GTCL) will initiate move for land acquisition to install the proposed gas pipeline

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Bangladesh has a primarily agrarian economy. Agriculture is the single largest producing sector of the economy since it comprises about 30% of the country’s GDP and employs around 60% of the total labour force. The performance of this sector has an overwhelming impact on major macroeconomic objectives like employment generation, poverty alleviation, human resources development and food security.

Most Bangladeshis earn their living from agriculture. Although rice and jute are the primary crops, wheat is assuming greater importance. Tea is grown in the northeast. Because of Bangladesh’s fertile soil and normally ample water supply, rice can be grown and harvested three times a year in many areas. Due to a number of factors, Bangladesh’s labor-intensive agriculture has achieved steady increases in food grain production despite the often unfavorable weather conditions. These include better flood control and irrigation, a generally more efficient use of fertilizers, and the establishment of better distribution and rural credit networks. With 35.8 million metric tons produced in 2000, rice is Bangladesh’s principal crop. National sales of the classes of insecticide used on rice, including granular carbofuran, synthetic pyrethroids, and malathion exceeded 13,000 tons of formulated product in 2003 . The insecticides not only represent an environmental threat, but are a significant expenditure to poor rice farmers. The Bangladesh Rice Research Institute is working with various NGOs and international organizations to reduce insecticide use in rice .

The climate of Bangladesh is tropical, hot and humid in summer and cool in winter. It rains heavily in monsoon. The temperature in summer ranges 21 degree Celsius while the minimum during the winter is 9 degree Celsius.

Bangladesh is one of the most densely populated areas of the world with a population of about 130 million. About 86.6% of the total population is Muslims, Hindus, Buddhists and Christians make up the rest of the population. Bangladesh offers the extremes of wildlife from the blue whale, which occasionally appears in the Bay of Bengal- and the Asian elephant to the tiny pigmy shrew, the smallest mammal. The bird life ranges from the showy peacock to the tiny sparrow and the talkative Mynas, while the reptile world has the king Cobra, one of the world’s most deadly snakes and the Python, one of the largest Top of the wildlife atractions are of course, the cats-from Royal Bengal Tigers and leopards to the small fishing cat

Tourists can enjoy easily because of the language. The state language and mother language is Bangla. English is widely spoken and understood.

In transport sector, Bangladesh is now very rich. Bangladesh can be reached by air from any part of the world. Biman Bangladesh Airlines connects Dhaka with 25 major cities of the world. It also operates in 8 domestic routes. Besides Biman international carriers also fly to and for from Dhaka. Private airlines also fly on the domestic routes.

Here is a good accommodation capacity also. Bangladesh Parjatan Corporation, the national tourism organization, runs a number of modern hotels, motels and cotages throughout the country. There are also many private hotels that provide efficient service and competitive prices. Visitors can also take accommodation in rest houses belonging to different government departments and other agencies. Besides, Dhaka, Chitagong, and Cox’s Bazar have quite a few international standard hotels.

Bangladesh is also a land of very tasty food. Local and foreign foods are available hare. Western, Chinese. Thai, Japanese and Korean cuisinne are available in most standard restaurants and hotels in major cities. Local delicacies include a wide verity of curries, vegetable dishes, and meat and fish preparations such as Korma, Rezala, Bhoona and Mosala roast, Muton, Chicken and Prawn are also popular. Most local restaurants serve a variety of rice preparations-Polao, Biriyani, Khinchuri-as well as substitutes such as Moglai and plain Parata, Naan Ruti, Chapati, which go well with curries. Sea fish and sweet water fish are available in most restaurants.

The locally taken hot drink known as Cha is the most popular drink. Tea produced in Bangladesh ranks among the best in the world. Coffee is served in most hotels and restaurants in cities. Among cold drinks, Lassi, a refreshing yoghurt drink is a popular summer time treat Soft drinks of most global brands are available everywhere in the country. Only big hotels and bars serve hard drinks. All bars are closed on Friday.

Besides, Misti Doi-sweetened yoghurt, Halua-a common dessert which comes in many shades from egg Halua to carrot, wheat cheese. Almond, Pistachio and so on. Sandesh-milk made dessert, Zarda-sweetened rice with nuts, Firni rice flower cooked in milk and sugar with flavouring, Rasogolla and Kalojam-two popular milk- based dessert (sweetmeat) made with sugar, flour and ghee. Rosho Malai-sweet floating in thick milk, Pitha-a common name for cakes or pasties-in varieties such as Chitoi, Dhupi, Puli, Bhapa, Pakan etc that are available throughout the country.

Among wide varieties of seasonal fruits of Bangladesh are Leechies, Mangoes, (king of fruits), Blackberries, Kanthals, Bananas, Jackfruits, Watermelons, Papaws, Pineapples, Coconuts and Oranges.

Places of historical interest: Dhaka

Dhaka founded in 1608 as the seat of the Imperial Moghuls victory over Bengal. Dhaka, the capital of Bangladesh, has grown from a placid litle town to a bustling city of close to 13 million people. Dhaka is the hub of most industrial and commercial activities in the country.

Suhrawardy Udyan (garden): Located at a stone’s throw from Dhaka Hotel and partly within the campus of Dhaka University, this udyan formerly a race course bears testimony to our historical struggle for Independence. It is here where the Commander of the occupation forces surrendered with 95,000 soldiers on 16 December in 1971.

Lalbagh Fort: The fort of Aurangzeb popularly known as the Lalbagh Fort was built in 1678 by Prince Muhammad Azam, son of Moghul Emperor Aurangazeb, who was the Viceroy of Bengal.

Mosques: Dhaka is renowned as a city of Mosques. Among more than a couple of thousands of Mosques, the prominent ones are the Seven Domed Mosques (17th century), the Star mosque (18th century) and Baitul Mukkarram, national Mosque built in 1960′s.

Temples- Among the more prominent of the Hindu Temples are the Dhakeshwari Temple (11th century) and Ram Krishna Mission.

Buddhist Monasteries- The Kamlapur Buddhist Monasteries at Kamalapur and Merul Badda are two notable Buddhist temples of Dhaka.

Churches- Dhaka has a number of old churches of which the Armenian Church (1781), St Marry’s Cathedral in Ramna and St Thomas’s Cathedral (1677) at Tejgaon are the most prominent

Shahid Minar- The graceful monument situated near the Dhaka Medical College Hospital commemorates the martyrs of the historical Language Movement of 1952.

Banga Bhaban- A splendid piece of architecture, Banga Bhaban is the official residence of the President of the People’s Republic of Bangladesh.

National Museum- Housed in an impressive building at Shahbag, the Museum contains a large number of exhibits including sculpture, coins, paintings and inscriptions.

Ramna Green-Ramna Green is the largest park in the city with vast stretches of well-kept ground with a lake that cuts it into half. The park is also the venue for many national functions.

National Park- The National Park is situated at Rajendrapur, 40 km north of Dhaka in the magnificent Bhawal region along Dhaka-Mymenisngh highway. The vast 1600 acres of forested area is an ideal destination for eco-tourism).

National Mausoleum- Located at Savar, in the suburb of Dhaka city, the splendid memorial commemorates the Martyrs of the War of Independence in 1971. The sprawling campus of Jahangirnagar University is located nearby.

Memorial for the Martyrs of 1857 (Bahadur Shah Park)- The Memorial commemorates the martyrs of the first Liberation War (1857-59) against the British rule. It was here that rebel soldiers and their civilian compatriots were publicly hanged.

Muktijuddho Museum- Situated at Segun Bagicha, it possesses a rich collection of rare photographs of Liberation War and articles used by the freedom fighters.

Ahsan Manzil-Located at on the bank of River Buriganga in the old part of Dhaka. Ahsan Manzil is a reminder of the nation’s rich cultural heritage. The large mansion was built in the Victorian style with some elements of late Braque thrown in. It was the home of the Nawabs of Dhaka. Recently renovated and painted in bright pink, the mansion has been converted into a museum containing articles and utensils used by the Nawabs.

National Assembly Complex-The magnificent National Assembly complex building with ancillary traces was designed by the world renowned architect Luis Kahn and is considered one of the landmarks of modern architecture. Baldah Garden-Baldah Garden situated in the old part of the city, has a very rich collection of rare species of plants and flowers.

Narayanganj-16 km away from Dhaka on the bank of River Sitalakhya,. Narayanganj is the biggest inland river port of Bangladesh.

Sonargaon-30 km to the south-east of Dhaka lies Sonargaon, an ancient capital of Bengal. It was the seat of Dev dynasty until the 13th century. From this period onward until the advent of the Moghuls Sonargaon was a subsidiary capital of the Sultanate of Bengal.

From all the aspects we are very proud to say that bangladesh is full of natural agricultural environment. but besides this we are not using this treasure with properly. If we can use our DESI product properly we can earn a lots of foriegn currenncy and also the country people could enjoy the DESI product.

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The Chittagong Chamber of Commerce & Industry (CCCI), established in 1959, is a premier Chamber of Bangladesh. It provides a wide spectrum of services to the trade and industry and acts as a catalyst for growth of business in the country.

The Chamber has been all along very keen to address the requirements of the commercial capital and aspirations of entrepreneurs so that a congenial atmosphere is assured for growth of trade, industry & economy including induction of more FDI to some potential sectors that offer alluring profit guarantee. As part of its various trade promotional activities, CCCI has been arranging Chittagong International Trade Fair (CITF) – the largest international trade fair in the country for the last fifteen consecutive years and the event has been a total success with respect to enthusiastic participation by leading local, foreign and multinational business & manufacturing enterprises of Asia, Europe, USA and African countries.

Since its humble striding in 1992, CITF has created a tremendous enthusiasm among the exhibitors & visitors registering a significant growth in terms of participants, sales and promotion of products/services. With the passage of time, the event has emerged as the largest international trade fair of the country in term of participation.

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Raising Tea Demandin Bangladesh-May overflow export.Bangladesh, known as a tea-exporting country, will turn into a tea-importing one within the next five years due to the fast-growing domestic demand.

?Some 58 million kilograms of tea are produced in the country every year of which 10-12 percent are exported,? Dr Mohammed Ataur Rahman, former Manager of Forestry and Subsidiary Crops of James Finlay (Bangladesh) Limited told UNB.

Referring to the growing habit of taking tea by people, Dr Mohammed Ataur Rahman said Bangladesh used to export 80 percent of its produced tea barely 20 years back when local tea consumption was very low. ?The country will have to import tea if its people start taking more than one cup of tea regularly,? he said.

Dr Mohammed Ataur Rahman, also Director of Education for Sustainability and Centre for Global Environmental Culture (CGEC) of the IUBAT-International University of Business Agriculture and Technology, has a book on tea to his credit.

The book titled ?Improvement of Tea: Environment and Cultural Practices? was published recently.

In his book, he described that Bangladeshi tea is characterized by strong liquor and moderate flavor. ?About seventeen promising well-suited clones are developed by Bangladesh Tea Research Institute and those are being propagated quickly and cultivated in tea estates.?

Besides, the book said, high-yielding clones have also been introduced from India, China and Kenya. In most cases, high-yield, flavor and disease resistance parameters are considered with a hope to increase the yield.

Emphasizing the need for improving the yield, he suggested that natural habitat, climatic condition, soil and associate flora, manpower, transportation, power and fuel should also be considered along with high yielding, disease resistant and good liquored Jat (variety) for sustainable tea cultivation.

Dr Rahman, who obtained his PhD degree on Forestry and Environment, from California, USA, mentioned that indiscriminate use of chemical fertilizers and pesticides can bring quick benefit but at the cost of soil health, natural associate flora and fauna as well as environment. ?Hence, in the long run, the ultimate loss will become many times more than the benefits.?

All options should be explored to increase the yield and production, he said adding that Bangladesh has the materials, market and manpower and it is only the thought to be implied for the improvement of tea with the existing facilities to achieve the maximum yield. ?Therefore, the future of Bangladesh tea depends on the planning of research at appropriate direction.?

Terming tea as the cheapest versatile natural beverage in the world, Dr Rahman mentioned that tea has medicinal and health values and international acceptability.

He said various age groups in all sections of society consume tea and some three billion cups of tea are consumed daily worldwide. ?Tea is business to many; it?s a partner in progress and development and a major item of trade,? he said, adding that it?s also part and parcel of research, art and literature.

In his book, Dr Ataur mentioned that tea, especially green tea, has already been proved as a great therapeutic contains powerful anti-oxidants like catechins, Epigallocatechin gallate (EGCG), gallotannin and polyphenols, which are beneficial in counteracting a number of fatal diseases like breast and ovarian cancers, tumors and heart diseases.

Dr Ataur said drinking of 8-10 cups of green tea a day is beneficial against coronary heart attacks, obesity, Alzheimer disease, diarrhoea and gastro-intestinal diseases. ?As to the future, researchers hope to find out more about how specific components in tea are used by the body and the mechanism by which they may contribute to disease prevention.?

Describing further the benefits of tea, he said beauticians use tealeaves for hair dyeing. Tea liquor of thick consistency mixed with henna, egg, lime and oil that color the hair dark, bright- the luster comes from tea.

Tea is also a good conditioner for hair after shampoo. It imparts a healthy sheen along with body. For faded and discolored clothes, immersion in tea decoction, it turns old into new.

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The country’s palm oil import in 2009 crossed the million tonnes mark to a total of 1,023,128 tonnes including crude and refined palm oil, reports BSS.

Malaysian Palm oil marketing sources said in Dhaka the country saw a record growth in import of edible oil last year, mainly palm oil joining the million tonnes’ importers club.

Import grew by a record 25.39 per cent from January to December last year compared to that in previous 2008, sources said further.

Meanwhile, the offer of a new credit line announced during a conference of Malaysian Palm Oil Council held recently in Dhaka to support further market expansion of palm oil in Bangladesh is likely to bring a new boost to its imports.

The commerce minister of Bangladesh is expected to visit Malaysia soon, the source said adding detailed might be worked out on this credit line issue centring the forthcoming visit.

Previous :Palm oil : Malaysia to stop turn down In Palm Oil Exports To Bangladesh
Bonus for producer of palm oil
Palm oil is the most widely used edible oil in the world. Last year, about 40 million tons of it was consumed and 500,000 tons in Britain alone.

In developing countries it is used mainly as a cooking ingredient, but in the West it is used by the major food manufacturers to make all those things people love to eat, even if they know they shouldn’t – cakes, biscuits, crisps, ice-cream and so on. It is also used to produce toiletries, but 90 per cent goes into foodstuffs.

It is even used in bread and margarine. In fact, if a food product lists vegetable oil as an ingredient, the chances are that it is palm oil.

The oil is in such high demand because it is cheaper to produce than any other. Palms grow fast and the yield on the crop is ten times that of its nearest rival, soy. Palm oil has also grown in popularity recently because it does not contain trans-fats, which have been linked to heart disease.
Asian Plantations (Traded on: AIM, Ticker: PALM) does none of these things. The company joined Aim in November last year and operates from Sarawak in Malaysia. Malaysia banned the conversion of forest into agricultural land 15 years ago, so the sites that Asian Plantations owns have been officially designated for farming.

In most of Malaysia, the land suitable for palm oil production has already been snapped up, but Sarawak is remote and opportunities still exist, particularly for well-connected entrepreneurs.

Asian Plantations is run by two chief executives – Dennis Melka, a financier who has spent the past decade in south-east Asia, and Graeme Brown, a plantations and agriculture expert who is married to the daughter of one of the leading families in Sarawak.

This means the company combines financial know-how, farming expertise and local connections. The group owns more than 10,000 hectares, some of which were acquired last month and are already producing oil.

The rest of the land is at an earlier stage. Asian Plantations has planted out 2,000 hectares and these should start to deliver oil late next year.

Palms spend the first nine months of their life in a nursery and the first harvest comes 18 months later. Supply rises steadily for about seven years and the palms will deliver at that rate for another 18 years or so.

Asian Plantations expects to have planted a further 2,000 hectares by 2011 and the profits should start flowing in 2012. Brown is also something of a pioneer, having invented a way of sterilising palm fruit in a way that is more efficient, less labour intensive and more environmentally friendly than other methods as it converts the methane produced into electricity to power the process.

Midas verdict: Asian Plantations is a young company and, as such, there are risks attached. The business may well try to raise more money from shareholders and there may be moments when the market takes against the stock because the price of palm oil dips, for example.

On the plus side, the firm is well run and is involved in the production of a crop for which demand continues to increase as global populations grow.

China and India are two of the biggest consumers of palm oil and, as they become richer, their desire for processed foods that use the oil will only increase.

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Bangladesh has a good affiliation with Malaysia including all business activities.Malaysia exports palm oil to Bangladesh for meeting domestic demand.

Malaysia is rising attempts to overturn the decline pattern in exports of palm oil to Bangladesh, which has dropped drastically this year compared to 2008.

Last year, 217,264 metric tonnes of palm oil were exported to Bangladesh, but from January to October this year, the export figures stood at only 56,726 metric tonnes, worth RM137 million.

“We are stepping up efforts by hosting trade fairs and exhibitions to steer forward. We hope in the future Malaysia’s level of share in Bangladesh market, which is 30 per cent, should increase,” Plantation Industries and Commodities Minister Tan Sri Bernard Dompok told the media in Dhaka Saturday.

“The potential is huge here (Bangladesh), it will only get better with increasing prosperity and requirement for oil and fats,” he said.

According to officials, the drastic drop in exports last year was due to defaults by Bangladeshi buyers as the commodity price reached an upward trend, rising as high as RM4,600 per metric tonne in March 2008.

Bangladesh, with a population of about 160 million people, imports over one million metric tones of palm oil to meet its growing domestic demand, and Malaysia had been a regular supplier.

On the other hand, of late Indonesia had also emerged as a major exporter to Bangladesh.

“There are plenty of opportunities for Malaysian private sector players to explore in Bangladesh,” Dompok said.

“Demand is increasing with tandem of economic growth and income. Current per capita consumption stands at 8.6 kg compared to the world’s average consumption of 22 kg,” he said.

He also asked the Bangladeshi government to utilise the Palm Oil Credit Payment Arrangement (POCPA), which was stopped some time ago.

The minister is in Dhaka to celebrate the opening Malaysia-Bangladesh Palm Oil Trade Fair and Seminar 2009 (POTS), jointly organised by Malaysia Palm Oil Council (MPOC) and Malaysia Palm Oil Board (MPOB).

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Nationalized Bangladesh Petroleum Corporation (BPC) will buy 60,000 tonnes of diesel from a dealer in Egypt for using up during January to June period of next year, a senior energy official said on Saturday.

The official said that “The BPC will import the diesel from Egypt-based Middle East Oil Refineries (MIDOR) to diversify sources of fuel as the demand is rising sharply.?

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He said MIDOR had approved Bangladesh’s proposal to sell diesel at a premium of $3.90 per barrel, which is lower than the rates offered by Gulf refineries.

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In February 2008, the BPC imported some 30,000 tonnes of diesel from the Egyptian company when it agreed to double the shipment, the official said.

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The BPC, the country’s sole importer and distributor of oil and fuels, last week completed negotiations with the state-run Kuwait Petroleum Corporation (KPC) to buy more than 1 million tonnes of refined oil at a cost of $580 million.

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The KPC, a major source of refined products for the BPC, has lowered the premium rate for diesel to $3.90 per barrel from the previous $4.90.

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It imports between 3.4 million and 3.8 million tonnes of oil annually, including about 1.4 million tonnes of rudimentary oil at a cost of $2 billion to $3 billion.

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The import payment pressures has declined gradually? as prices of commodities including fuel oil have been falling in the global market? though ?the overall imports of Bangladesh grew by 18 per cent in the first seven months of the current fiscal .

See more Detail>>>

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