Page 65 - Bangladesh

Bangladesh, India launch trade transactions in rupees to lower dollar use

Bangladesh and India on Tuesday launched a much-anticipated trade transaction in rupees, a move aimed at reducing dependence on the US dollar and strengthening regional currency and trade. This is the first time Bangladesh has done bilateral trade with a foreign country in addition to the US dollar. Bangladesh Bank Governor Abdur Rouf Talukder described the start of trade settlement in rupees as the "first step in a great journey". "The trade position between India and Bangladesh has seen remarkable growth, with both countries benefiting from their economic cooperation," he said at the launching ceremony here, which was also attended by Indian High Commissioner Pranay Verma. The central bank governor said the transaction costs during trade with India would reduce with the introduction of the Taka-Rupee dual currency card which was "almost ready (to be) launched from September". Bangladesh and India, however, stage frontier trading in certain areas called "border hut" in a semi-for

Bangladesh set to settle trades in rupee with India using nostro accounts

Bangladesh Bank and the Indian High Commission are expected to announce the news regarding the Indian currency at an event at Le Meridien Hotel in Dhaka tomorrow

US diplomat in charge of democracy to visit India, Bangladesh from Jul 8-14

A senior US diplomat in charge of democracy and human rights will visit India and Bangladesh from July 8 to 14 to engage with civil society organisations on freedom of expression and association, and inclusion of women and girls and vulnerable groups, the State Department has said. In India, she will also meet with senior government officials to discuss the deepening US-India partnership, the State Department said in a release on Friday. Under Secretary for Civilian Security, Democracy and Human Rights and US Special Coordinator for Tibetan Issues Uzra Zeya will travel to India and Bangladesh from July 8 to 14 to engage with civil society organisations on freedom of expression and association, and inclusion of women and girls, persons with disabilities and vulnerable groups, including marginalised religious and ethnic minorities, it said. "In India, she will meet with senior government officials to discuss the deepening and enduring US-India partnership, including advancing shared .

Scientists embark on expedition onboard India's research vessel Sagar Nidhi

The scientists will collaboratively research ocean data to predict and manage changes in the marine environment

Harmanpreet Kaur to lead as BCCI announces ODI, T20I squad for Bangladesh

The Board of Control for Cricket in India (BCCI) on Sunday announced the Indian Women's ODI and T20I squad for their upcoming tour of Bangladesh

ADB approves $50 million loan to help Nepal in making policy reforms

The Asian Development Bank (ADB) on Thursday said it has approved a USD 50 million loan to the Nepal government to support the implementation of policy reforms and help improve the Himalayan nation's domestic and international trade with its key economic partners like India and Bangladesh. The development of the trade and industry sector will boost competitiveness and help steer the country toward sustainable economic growth, said ADB South Asia Department's Director of Regional Cooperation and Operations Coordination, Thiam Hee Ng. Furthermore, improved trade facilitation can boost exports and help address Nepal's balance of payment, he said. In fiscal year 2022, trade and industry contributed 14.1 per cent to Nepal's gross domestic product (GDP). The Nepal government is pushing to increase the contribution of trade to the country's GDP by improving the trade and export promotion environment and strengthening the supply chain of primary products, according to an ADB press ...

Adani Power commences export to Bangladesh from Jharkhand's Godda plant

Adani Power has started exporting power to Bangladesh from its 1,600MW plant in Jharkhand's Godda. Adani Power Jharkhand Limited (APJL), a wholly owned subsidiary of Adani Power Limited, has achieved commercial operations date (COD) of its second unit of 2x800 MW Godda ultra-supercritical thermal power plant, Adani Power said in a statement on Tuesday. The reliability run test, including commercial operation tests of the second unit of Godda power plant, was completed on June 25 in the presence of Bangladesh Power Development Board (BPDB) and Power Grid Corporation of Bangladesh (PGCB) officials. On April 6, the first unit of the power plant, with 800MW capacity, had achieved its COD. Power supply from the Godda plant to Bangladesh will further enhance energy security in the neighbouring country, it said. "APJL shall supply 1,496 MW net capacity power from 2x800 MW Godda USCTPP under the PPA with BPDB executed in November 2017 for a period of 25 years via 400 kV dedicated transmis

Amara Raja Infra bags solar power project worth $130 mn in Bangladesh

: Amara Raja Infra Pvt Ltd (ARIPL), part of the USD 1.75 billion Amara Raja Group, has accomplished a significant achievement by securing a new solar project worth USD 130 million in Bangladesh. A press release from Amara Raja said the venture serves as ARIPL's entry into the international solar market, marking a new milestone for the company. The scope of the project which consists of Engineering, Design, Supply, Installation, and Commissioning of a 100 MW (AC) Solar PV Power Plant will be funded by the Exim Bank of India, it said. ARIPL, in collaboration with Premier Solar of Hyderabad, secured the project from Rural Power Company Ltd (RPCL) in Bangladesh. The project spans 326 acres at Madarganj in Jamalpur District and will be completed in the next 18 months. After the project is commissioned, ARIPL will also provide comprehensive operation and maintenance services for two years, along with warranty spares and consumables. Vikramadithya Gourineni, Director, Amara Raja Infra Pvt

Adani Power starts supplying power to Bangladesh from its Jharkhand plant

Adani Power Ltd (APL) has started exporting power to Bangladesh from its 1,600 MW ultra-supercritical power project in Jharkhand. In a regulator filing on Monday, the company said Unit 2 of 800 MW capacity of its 2x800 MW ultra-supercritical power project of its wholly-owned subsidiary Adani Power (Jharkhand) Ltd (APJL) has achieved commercial operations at 24:00 hrs Bangladesh standard time on June 25 following successful completion of reliability run tests. "Accordingly, APJL will export (w.e.f. 00.00 hrs Bangladesh time, of June 26, 2023), entire power generated from the 2x800 MW Godda plant on commercial basis, as per Power Purchase Agreement, directly to Bangladesh through the dedicated 400 kV transmission lines, with net capacity of 1,496 MW," it said. The plant is located in Godda district in Jharkhand. APJL has a 25-year contract with Bangladesh Power Development Board (BPDB).

SAFF Cup: Bangladesh beat Maldives, keep themselves in semis contention

Bangladesh kept themselves in the hunt for a semifinal berth in the SAFF Championship with a gritty 3-1 win over Maldives here on Sunday. Hamza Mohammad (17th minute) put Maldives in front but Bangladesh struck back through Rakib Hossain (42nd minute), Tariq Kazi (67th minute) and Shekh Morsalin (90th minute) to collect three important points in a Group B match. Maldives also have three points, courtesy their 2-0 win over Bhutan in the first match. Now, both Maldives and Bangladesh are in a must-win situation against Lebanon, who also have 3 points, and Bhutan in their respective last league matches on June 28. Despite a win was mandatory for them to stay afloat, Bangladesh did not show much urgency in the initial stages of the match. Maldives made full use of that laxity to go ahead through Hamza. The goal seemed to have made Bangladesh players realise the need to be more proactive, and it reflected in their moves. They mounted quick counter attacks and closed ranks whenever Mald

US-China power play in Bangladesh

It appears that Bangladesh will be the new battleground for a war of influence between the US and China in the Indo-Pacific

BSF, Border Guard Bangladesh discuss transboundary crimes, other issues

The border security agencies of India and Bangladesh on Sunday discussed various issues, including transboundary crimes and other related matters, an official statement said. Both sides laid emphasis on sharing information for curbing crimes and increasing mutual trust, it said. The discussion was held at a meeting between Border Security Force (BSF) Inspector General Dinesh Kumar Yadav and Border Guard Bangladesh Region Commander Brig Gen Md Morshed Alam in Assam's Dhubri district. Several important border issues and solutions to curb various transborder crimes jointly by BSF and BGB were discussed, the release said. Emphasis was laid on sharing real-time information between the two border guarding forces to effectively control crime. Various initiatives were also discussed to enhance mutual trust and cooperation between the two sides, the BSF release said. It was decided to undertake confidence-building measures and programmes at different levels. They mutually agreed to make

India women's cricket team to tour Bangladesh for white-ball series in July

The Indian team members recently underwent a High-Performance training and conditioning camp at the National Cricket Academy (NCA) in Bengaluru

India, Bangladesh to initiate 5 development projects for border population

The border guarding forces of India and Bangladesh have taken a "momentous" decision to initiate joint civil works on five development projects along the 4,096 kms of shared boundary which will help the local population on both sides, a senior officer said Wednesday. At the end of their four-day biannual border talks conference that began on July 11 in Delhi, the Border Security Force (BSF) and the Border Guard Bangladesh (BGB) also said they are working independently and jointly to "reduce" the instances of killing of Bangladeshi nationals in the boundary area. The issue of these killings, which the BSF has linked to miscreants and smugglers either attacking its personnel or indulge in other cross-border crimes, has been a major irritant between the two neighbours. The 53rd edition of the conference was led by the chiefs or directors general (DsG) of the BSF and the BGB and ended with the signing of a 'joint record of discussions' at a BSF camp located in Chhawla area of the nation

Mitali Express between India, Bangladesh temporarily cancelled due to Eid

The Indian Railways has decided to temporarily suspend the Mitali Express, which runs between West Bengal's New Jalpaiguri and Bangladesh's Dhaka Cantonment

India-Bangladesh biannual border talks set to begin in New Delhi today

India and Bangladesh will hold biannual talks between their border guarding forces here beginning Sunday during which the two sides are expected to discuss a host of issues related to combating cross-frontier crimes and measures to create better synergy. A 15-member delegation of the Border Guard Bangladesh (BGB), led by its director general (DG) Major General AKM Nazmul Hasan, landed in Delhi on Saturday. Border Security Force (BSF) DG Sujoy Lal Thaosen and senior officers of the force welcomed them at the airport, officials said. The four-day talks will conclude on June 14 at a BSF camp in southwest Delhi's Chhawla area. "The conference is being organised to discuss the border-related issues and for better coordination between both border guarding forces." "Discussions will be held on how to jointly curb the various trans-border crimes and timely sharing of information between both the border guarding forces," a BSF spokesperson said in a statement. Further, there will be ...

India-Bangladesh biannual border talks to begin in Delhi from Sunday

India and Bangladesh will hold biannual talks between their border guarding forces in Delhi from June 11 during which the two sides are expected to discuss a host of issues related to combating cross-frontier crimes and measures to create better synergy. A 15-member delegation of the Border Guard Bangladesh (BGB), led by its director general (DG) Major General AKM Nazmul Hasan, landed in Delhi on Saturday. Border Security Force (BSF) DG Sujoy Lal Thaosen and senior officers of the force welcomed them at the airport, officials said. The four-day talks will conclude on June 14 at a BSF camp in southwest Delhi's Chhawla area. "The conference is being organised to discuss the border-related issues and for better coordination between both border guarding forces." "Discussions will be held on how to jointly curb the various trans-border crimes and timely sharing of information between both the border guarding forces," a BSF spokesperson said in a statement. Further, there will be ...

Hasina stresses on cooperation between armies of Bangladesh, India

Prime Minister Sheikh Hasina on Tuesday said the armies of Bangladesh and India should strengthen their collaboration and suggested international peacekeeping operations as a new area for bilateral cooperation. Hasina made these remarks when visiting Indian Army chief Gen Manoj Pande who arrived here on Monday on a two-day visit to Bangladesh paid a courtesy call at her official residence here. "Cooperation and collaboration should be strengthened between the armies of the two neighbouring countries," a premier's office spokesman quoted Hasina as telling Gen. Pande. Referring to setting up the Bangladesh Institute of Peace Support Operation Training (BIPSOT) by her government, Hasina said that there are opportunities for the exchange of activities between the two countries for mutual welfare. The premier recalled with gratitude the support and role of the Indian government, the Indian Army and its people during Bangladesh's 1971 Liberation War while the two countries were enjoying

Bangladeshi diplomat visits hospitals to look for injured train passengers

A senior Bangladeshi diplomat, Sheikh Marefat Ali Islam, on Sunday visited Soro Hospital in Odisha's Balasore district to provide consular assistance to Bangladeshi passengers injured in the triple train crash. Islam told PTI that few Bangladeshi passengers were recuperating in different hospitals in Odisha but there was no news of death of any citizen of that country in the crash. One Bangladeshi passenger admitted at a Bhadrak hospital was discharged after treatment. Another has been referred to SCB Medical College in Cuttack. On Saturday, I had visited a Balasore hospital, he said. If there's any information on injured Bangladeshi patients, please dial our deputy high commission at Kolkata - 9038353533, Marefat, second secretary in the Bangladesh deputy high commission which looks after eastern India, added. Several unclaimed bodies are lying in a few hospitals in Bhubaneswar. We will have to find out if there are any Bangladeshis among them, he added. He thanked the Odisha ...

Couple spends 301 days in jail on suspicion of being Bangladeshi immigrants

A couple from Burdwan has been granted bail after spending 301 days in Bengaluru prison on suspicion of being illegal Bangladeshi