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Posts tagged as “Bangladesh”

Pakistan should formally apologize for 1971 atrocities, Dhaka tells Islamabad

report in Dhaka Tribune, Feb 5, 2023Bangladesh has said Pakistan “should formally apologize” for the atrocities perpetrated against unarmed Bengalis in 1971. Foreign Minister AK Abdul Momen conveyed this to Pakistani State Minister for Foreign Affairs Hina Rabbani Khar when they met in Sri Lanka’s Colombo Saturday. Momen is now in Sri Lanka as a guest for the country’s low-key 75th Independence Day celebrations, for which the guest list was filled up mostly by neighbouring…

Bangladesh losing crores because of transfer pricing manipulation

report in Dhaka Tribune, Jan 25, 2023Findings from a report said that Bangladesh was ripe for exploitation from transfer-pricing opportunities amid increased volumes of international trade, presence of multinational companies (MNCs) and absence of proper monitoring of the transactions. Transfer pricing is the price paid by a firm for goods or services while purchasing it from a related entity. When a firm is buying or selling from its relative entity, there are chances that prices…

Human trafficking in Bangladesh increased after natural disasters: UN

report in The Daily Star, Jan 24, 2023Human trafficking cases in Bangladesh and the Philippines increased after devastating cyclones and typhoons displaced millions, the United Nations Office on Drugs and Crime (UNODC) said today. Evidence is emerging that climate-related disasters are becoming a cause of human trafficking as criminal gangs exploit a growing number of uprooted people, the UN drugs agency noted. The continuing war in Ukraine is also another risk factor for increased human…

Washington wants Dhaka to play key role in Indo-Pacific region

by Porimol Palma in The Daily Star, Jan 17, 2023The US wants to see Bangladesh as an independent player in the Indo-Pacific region, recognising it as a significant geostrategic actor in the region’s security architecture, says US-based foreign policy expert Anu Anwar. He made the observation during an interview with The Daily Star following the Dhaka visit by Donald Lu, US assistant secretary of state for South and Central Asia, from January 14 to 15.…

Mounting paper price imperils publications

report in Daily Asian Age, Dhaka, Jan 16, 2023Sharp price rises of newsprint and white papers of both local make and imports have put Bangladesh’s publishing industry and other consumers in a quandary, as one of fallouts from the current global turmoil. Prices of all kinds of newsprint papers have made a quantum leap by almost 100 per cent in a year, when things started getting back to normal with the pandemic loosening its grips,…

World Economic Forum report: B’desh faces five major risks in the next two years

report in Prothom Alo , 13 Jan 2023,Bangladesh faces five major risks in the next two years with sustained inflation, debt crises and severe commodity price shocks being the top three challenges for its economy, said a report released by the World Economic Forum (WEF). Besides, human-made environmental damage and geopolitical contestation of resources are the rest two risks the nation might face in the short term, according to WEF’s The Global Risks Report 2023,…

Horijon community people denied basic respect in Lalmonirhat

report in The Daily Star, Jan 12, 2023It came to the notice of the National Human Rights Commission of Bangladesh that in Lalmonirhat Horijon community people are being denied basic human respect. The commission has issued a letter to the district commissioner for a report on this issue.https://www.thedailystar.net/star-multimedia/news-multimedia/news/horijon-community-people-denied-basic-respect-lalmonirhat-3217446

Nepal and Bangladesh lobby India for corridor to trade electricity

by Prithvi Man Shrestha in The Kathmandu Post, Jan 12, 2023The Nepal Electricity Authority (NEA) says it has sought approval from the Indian authorities to export 40-50 MW of electricity to Bangladesh through India’s existing transmission infrastructure, in line with an agreement reached between Nepal and Bangladesh in August. The two countries in August last year had decided to request the southern neighbour to allow export of 40-50MW of electricity from Nepal to Bangladesh in…

US will be watching Bangladesh’s elections closely’

Says State Department spokespersonReport in The Daily Star, Jan 8, 2023US State Department spokesperson Ned Price speaks at the daily briefing, at the State Department in Washington, DC, US, February 25, 2022. File photo: Reuters/Nicholas KammThe US will be watching Bangladesh’s next parliamentary elections closely and supports constructive actions for a genuine electoral process that is peaceful and transparent. “We welcome the words of Sheikh Hasina and her government that they want free and fair…

Bangladesh for ‘visible’ Indian cooperation over hydropower imports from Nepal, Bhutan

report in Prothom Alo, Jan 6, 2023State minister for power, energy and mineral resources Nasrul Hamid has sought “visible Indian cooperation” for importing hydropower from Nepal and Bhutan, reports UNB. He joined a bilateral meeting on electricity cooperation between Bangladesh and India in New Delhi on Wednesday. At the meeting, Nasrul headed the Bangladesh delegation and Power, New and Renewable Energy minister Raj Kumar Singh led the Indian side, the power division said in a…

Foreigners’ advice sometimes seems so foolish: Foreign minister

report in Prothom Alo, Jan 5, 2023Foreign minister AK Abdul Momen speaks to newspersons after a view-exchange meeting on community clinic at the civil surgeon office in Sylhet on 4 January 2023.Prothom AloForeign minister AK Abdul Momen on Wednesday said foreigners have a very limited concept about Bangladesh and when they advise us, sometimes these seem to be so foolish. Bangladesh is a one of the countries where people sacrificed their blood for democracy, human…