A Bangladesh government probe committee found five top officials of Bangladesh Telecommunications Company Ltd (BTCL) guilty of attempted corruption, inefficiency and failure to establish a nationwide telecom backbone network in the last ten years. Meanwhile, Japan International Cooperation Agency (JICA) withdraws the US$25 million aid package that it had sanctioned for the project. The telecom division presented […]
Japan’s nearly US$1.2 billion soft loan for five development projects is facing delay despite Bangladesh government’s efforts for confirming the assistance, officials …
Japan’s nearly US$1.2 billion soft loan for five development projects is facing delay despite Bangladesh government’s efforts for confirming the assistance, officials said Wednesday. The loans are arranged under the Tokyo-assured 36th development aid package. Gloomy business and political environment as well as increased dependence on a certain bilateral donor country are cited as major reasons […]
Two major powers in Asia, Japan and China have been all but bosom friends for centuries and now more so. Their rivalry range from …
Two major powers in Asia, Japan and China have been all but bosom friends for centuries and now more so. Their rivalry range from fishing into each other waters to space research on one hand and dominance from the South China Sea to the Indian Ocean and may be beyond. In one of the recent business competitions […]
The Bangladesh government’s plan to take back 2,000 acres of land out of nearly 2,500 acres from the Korean Export Processing Zone …
The Bangladesh government’s plan to take back 2,000 acres of land out of nearly 2,500 acres from the Korean Export Processing Zone (KEPZ) would jeopardise an investment of $1.2 billion that South Korean companies are planning to pump into the economic zone. Experts said it would send a wrong message to foreign investors who see […]
Bangladesh is one of the ‘worst’ places in the world to work, where workers’ rights are not guaranteed, according to a global …
Bangladesh is one of the ‘worst’ places in the world to work, where workers’ rights are not guaranteed, according to a global survey. The International Trade Union Confederation (ITUC), in a survey launched on Wednesday, ranks Bangladesh, along with 27 other countries, on the fifth category-a sign of “no guarantee of rights”. It, however, referred […]
Bangladesh’s overall export earnings recorded a marginal growth during the July-May period of current fiscal year 2014-15. The export receipts stood at …