Bangladesh

The largest trade exposition of the country, has been extended for seven more days. Commerce ministry spokesperson Faizul Haq said the ministry decided the extension Dhaka International Trade Fair on requests by participants in the fair, jointly organized by the ministry of Commerce and Export Promotion Bureau. Savannah Straw Market Basket Bangladesh Investment and Trade Laws and Regulations Handbook (World Law Business Library)   Now the fair, which was scheduled to close on January 31, will continue up to February 7. Around 500 organizations from 10 countries are taking part in the month-long annual trade extravaganza.

Royal Bengal tigers' population could disappear by the end of this century as rising sea levels caused by climate change destroy their habitat in the Sundarbans along the coast of Bangladesh, according to a new World Wildlife Fund (WWF)-led study published in the journal Climatic Change.   The Desperate Delta: Social Ecology of Sunderbans Tigers are among the world's most threatened species, with only an estimated 3,200 remaining in the wild, Swiss-based WWF, the worlds largest conservations organisation, said in a report on Friday. WWF officials said the threats facing these Royal Bengal tigers and other iconic species around the world highlight the need for urgent international action to reduce greenhouse gas emissions. "If we don't take steps to address the impacts of climate change on the Sundarbans, the only way its tigers will survive this century is with scuba gear," said Colby Loucks, WWF-US deputy director of conservation science and the lead aut...

Bangladesh need to concern the emerging inflation as prices of staples like rice are increasing since October last year, says a study by Centre for Policy Dialogue. It also says that outlook for the global recovery in the next half of the fiscal year signals that prices are expected to go up on the international market. The private research arm suggested boosting farm output by supplying enough inputs during the upcoming Boro crop season and maintain the spread of prices at different level import price, wholesale price, retail price and farm level. "Inflation can be contained by ensuring higher agricultural production or the other way is by importing food which would increase the subsidy burden," CPD executive director Mustafizur Rahman said on Monday. Inflation rate in the recent past has been tolerable, but since October there has been upward movements of prices, reads the report. The high growth in agricultural and industrial credit along with excess liquidity in the ...

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The MCCI chief said Dhaka and Bangkok should cooperate with each other both bilaterally and multilaterally. Metropolitan Chamber of Commerce and Industry President Abdul Hafiz Choudhury said,Thai investments have excellent future as Bangladesh offers most attractive incentives for investing in energy sector. "Bangladesh requires US$5 to $7.0 billion (500 to 700 crore) investments in generation and distribution of 7,000 megawatt of electricity by the end of 2011," he said to a Thai business delegation visiting Bangladesh. Mr Hafiz said the Thai government will find attractive opportunities in the energy sector as the Bangladesh government has initiated large projects under public-private partnership (PPP). Dhaka has established itself as the cheapest production base in South Asia and Bangkok can take the advantage of it, he said. "Thai investors can invest in labour intensive sectors including textiles, leather, paper and pulp, tourism, agro-based and agro-support...

The Digital Bangladesh Conference, 2009 lunched on Sunday with a call for expansion of Internet technology across the country by President Zillur Rahman . The government will introduce IT in the country's schools, colleges and universities as part of educational curricullum, the president told the conference, organised by the Bangladesh Computer Society. President said today's modern world has become dependent on IT, which has already brought changes in the society. "The developing countries will have to catch up with others," he added. Zillur Rahman said for overall development the prime minister has given guidelines for turning the country into "digital Bangladesh" by 2021, when the nation will celebrate its golden jubilee.

Grameenphone shares entered on the country's secondary share market on Monday after a long wait but the prices were not as high as some shareholders had expected them. Prices of the biggest-ever IPO in Bangladesh's history opened at Tk 160 on the Dhaka Stock Exchange, surged to Tk 195 at one point before ending on Tk 177.30. Prices of GP shares opened a bit higher on the Chittagong Stock Exchange at Tk 200 but didn't move up any further. It went as low as Tk 162.50 but closed a bit higher at Tk 176.50 with the turnover amounting to Tk 236.861 million. Meanwhile, the floating caused the prime bourse's key index to cross the 4000 mark to touch a new high. A total of 312,501 lots of shares were handed to investors during the IPO with each lot containing 200 shares. "Out of the day's 764 points, GP accounted for 717 points alone," DSE chief executive told the media.