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Hansel

She loves me not - 0 views

  • The fact is, India still has a long way to go. There is a disproportionate amount of poverty (India is estimated to have one third of the world’s poor) and the health and education systems outside the major population centres are as bad as anywhere else in South Asia. How can a nation call itself a democracy when an estimated 200,000 farmers have committed suicide in the last 20 years, 20 million female foetuses have been aborted in the last 10 years, and people remain unequal due to the caste system? There is a strange mix of pride and denial amongst the Indian elite, resulting in little room for criticism and a lack of recognition that India is still struggling - it’s the image that is thriving.
  • No doubt, there is an inferiority complex that can be associated with any smaller nation. But Bangladesh should realise that it has a lot to offer in terms of fighting terrorism (both separatist movements in Assam and religious extremism), allowing transit to the Seven Sisters, and, of course, taking the edge off the threat posed by an increasingly unstable Pakistan. However, the lack of magnanimity shown by the current Indian government and its predecessors with regards to water sharing, the lowering of tariffs and transit to Nepal has left Bangladeshi politicians with their hands tied. To be seen as giving in to India would be tantamount to political suicide.
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    Dhaka-based journalist Misha Hussain considers the Indian elections in light of Bangladesh's love-hate relationship with the world's largest democracy.
Hansel

Bangladesh faces political storm over ex-PM's home | South Asia | Reuters - 0 views

  • "This indicates the frivolous and volatile nature of the country's politics, from which, unfortunately, the major parties have again failed to break out," Ataur Rahman, a Dhaka University professor and chairman of Bangladesh Political Science Association, said of the dispute. "They are (fighting) each other on a largely non-political issue at a time when the country badly needs a new democratic structure and a sustainable administration," he told Reuters on Sunday. Analysts say such disputes are a distraction when Bangladesh's government should be concentrating on measures to stem corruption and increase transparency, steps that would help attract much-needed investment and aid to the impoverished South Asian country of more than 140 million people. Asif Nazrul, a law professor and analyst, said the government and opposition should go to court to resolve the dispute over Khaleda's residence. "It could temporarily calm down the situation. But the mistrust created through this incident may manifest in various ways and impact future politics," he told Reuters on Sunday.
Hansel

Bangladesh to build deep seaport - minister | South Asia | Reuters - 0 views

  • Cargo handling at Chittagong port rose 2.3 percent to record 27.6 million tonnes while container handling increased 9.3 percent to 958,020 TEUs (twenty-foot equivalent units) in 2007, from the previous year.
  • Amin was speaking as the Pacific Consultant International (PCI) of Japan placed a study report on feasibility of a deep seaport proposed by the Chittagong Port Authority (CPA). PCI suggested that Bangladesh should build the proposed $1.2 billion deep seaport near the country's main Chittagong port by 2055 in three phases, with the first phase completed by 2016.
  • PCI was awarded a $1.62 million contract to conduct the study in 2006, after the Chittagong Port Authority (CPA) had took up a plan for the deep seaport off Kutubdia coast, 65 km (40 miles) south of the port.
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  • Port officials said when built annual container handling capacity will rise to 3.0 million TEUs (twenty-foot equivalent unit) and bulk cargo handling will rise to 100 million tons. CPA will fund 30 percent of the construction cost for the deep seaport while the rest will be collected from government and local and international financiers, ministry officials said. "The first phase of the deep seaport when completed by 2016 will have two harbours of nine 300-metre (long) jetties along with required infrastructure and back-up facilities," said Eddy Declercq, a senior official PCI. The second phase, expected to be completed by 2035, would see two more harbours with the same specifications. The deep-sea port would have six harbours when the third phase would be completed by 2055, the PCI expert said. The study proposed a 40 km railway tracks and roads to connect the deep seaport with Chittagong and Cox's Bazar resort town.
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    Bangladesh said on Sunday it would build a deep seaport to handle the country's growing external trade and increase regional transit facilities.
Hansel

Bangladesh to build deep seaport - minister | South Asia | Reuters - 0 views

  • Cargo handling at Chittagong port rose 2.3 percent to record 27.6 million tonnes while container handling increased 9.3 percent to 958,020 TEUs (twenty-foot equivalent units) in 2007, from the previous year.
  • Shipping ministry officials say India and Myanmar repeatedly seek transit facilities from Bangladesh through Chittagong port.
  • Pacific Consultant International (PCI) of Japan placed a study report on feasibility of a deep seaport proposed by the Chittagong Port Authority (CPA). PCI suggested that Bangladesh should build the proposed $1.2 billion deep seaport near the country's main Chittagong port by 2055 in three phases, with the first phase completed by 2016.
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  • PCI was awarded a $1.62 million contract to conduct the study in 2006, after the Chittagong Port Authority (CPA) had took up a plan for the deep seaport off Kutubdia coast, 65 km (40 miles) south of the port. 
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    Bangladesh said on Sunday it would build a deep seaport to handle the country's growing external trade and increase regional transit facilities.
Hansel

The Associated Press: Study finds 6,000 rare dolphins off Bangladesh - 0 views

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    Nearly 6,000 Irrawaddy dolphins, which are related to orcas or killer whales, were found living in freshwater regions of Bangladesh's Sundarbans mangrove forest and the adjacent waters of the Bay of Bengal, the Wildlife Conservation Society announced. Prior to this study the largest known populations of Irrawaddy dolphins numbered in the low hundreds or less, a news release from the group said. "This discovery gives us great hope that there is a future for Irrawaddy dolphins," said Brian D. Smith, the study's lead author. "Bangladesh clearly serves as an important sanctuary for Irrawaddy dolphins, and conservation in this region should be a top priority." The Irrawaddy dolphin grows to up to 8 feet (2.5 meters) in length and frequents large rivers, estuaries, and freshwater lagoons in south and southeast Asia. Scientists do not know exactly how many Irrawaddy dolphins remain. In 2008, they were listed as vulnerable in the International Union of Conservation of Nature's Red List based on population declines in known populations, according to the news release.
Hansel

Business - BD EPZ known as emerging star in investment sector - 0 views

  •   The EPZs of Bangladesh is known in investment sector as an emerging star of South Asia because EPZs of Bangladesh called Asia’s low cost production base, the release mentioned. > > > >
  • Korean Youngone Group to expand in Dhaka EPZ
    • Hansel
       
      Koreans used to be as broke as BD is now!
  • BEPZA elected vice-president of World EPZ Association
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  • Bangladesh Export Processing Zone Authority has been elected vice-president of the World Export Processing Zones Association.
    • Hansel
       
      Stickied
  • Grameenphone’s estimated market share declined by 1 percentage point from the previous quarter to 60 per cent. The Average Revenue per User in local currency decreased by 31 per cent primarily due to decreasing average prices. >
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    Bookmarked
Hansel

Bangladesh Issues Alert As Cyclone Gains Force | AHN | April 16, 2009 - 0 views

  • The cyclone was around 735 kilometers (456 miles) southwest of Chittagong Port, 685 kilometers (425 miles) off Cox's Bazar and 600 kilometers (372 miles) south/southwest of Mongla Port at 6 p.m. (local time), the Met office said."It is likely to intensify further and move in a north or north-easterly direction," the Met office bulletin added.
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    Bangladesh alerted coastal communities on Thursday as cyclone 'Bijli' strengthens in the Bay of Bengal and continued to advance towards shore.
Hansel

AFP: Dwindling exports hit Bangladesh economy - 0 views

  • Clothing manufacture underpins impoverished Bangladesh's industrial activity, accounting for 80 percent of overseas sales and pulling in 11 billion dollars a year.
  • At the start of Bangladesh's financial year in July, garment exports were up 72 percent from a year earlier, but by February growth had slowed to four percent year-on-year as orders from Western retailers evaporated.
  • "The whole economy can unravel if garment exports continue to slow down as many other sectors such as transport, services and construction are directly dependent on this sector," said Masato Miyazaki, an IMF adviser on Bangladesh.
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  • The garment industry employs 2.5 million workers, mostly women, who account for more than 40 percent of Bangladesh's industrial workforce.
  • the currencies of India and Pakistan have depreciated against the dollar in recent months, making their goods cheaper, while the Bangladeshi taka has remained steady."Garment exports grew over 40 percent in the first quarter as orders meant for China directed to Bangladesh because of its cheap production cost,' said trade expert Mustafizur Rahman, a visiting Yale University professor."But it started to slow down sharply since October as China has withdrawn taxes and pumped incentives to its apparel manufacturers to cushion against global recession," he said.The BGMEA, which groups 4,500 export-oriented garment factories, said firms need subsidies worth 10 percent of the value of their exports to stay competitive.
  • The World Bank has forecast growth this financial year could be two percentage points lower than expected at 4.5 percent, the lowest in eight years.Last year the economy grew by 6.2 percent and the government had been aiming for 6.5 percent this year.On top of the export slump, Bangladeshi workers abroad are being laid off in the Middle East, South East Asia and other countries where Bangladeshis find low-skilled, low-wage work.This has hit remittances, another worry for authorities as money sent home by workers abroad is the second biggest foreign exchange earner after exports.
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    One of the country's biggest selling points was its ability to undercut rivals India, Pakistan and China as Bangladeshi labour was among the world's cheapest. But those countries now are beating Bangladesh on price, industry leaders said. "We used to boast that nobody could beat us but Pakistan, China and India are now offering cheaper rates," said Z.A. Chowdhury, director of leading manufacturer Knit Asia, which sells garments to British supermarket chain Tesco.
Hansel

Bangladesh dairy farmers spill milk in price protest | South Asia | Reuters - 0 views

  • "The markets are awash with cheaper Indian powder (milk) that has forced prices of liquid milk and also encouraged local buyers including milk factories to buy from them," said one farmer in Sirajganj district. Farmers say prices have fallen below productions costs to 35 taka ($0.51) per litre and buyers want it even lower. There are more than 80,000 dairy farmers in Bangladesh. The dairy farmers have asked the government to raise taxes on imported milk powders, which they cut last year to 35 percent from 75 percent.
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    Hundreds of Bangladeshi dairy farmers poured milk onto highways to protest against falling prices, officials and witnesses said on Sunday.
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